Cashback

Scotia Momentum® Visa* card

Welcome offer
299% of interest rate
INTEREST RATES
19.99% Purchase
22.99% Cash advance
special feature(s)
No conversion fees
Scotiabank is the only major financial institution in Canada to waive the 2.5% conversion fee on foreign transactions. However, regular currency conversion rates still apply.
ANNUAL FEES
$39 Main cardholer
$15 Additional card
Additional cards are free for the first year.

REWARD CALCULATOR

Enter your total monthly expenses or by category

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Restaurant
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Gas
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Entertainment
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Groceries
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Other
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Total
$
Net annual rewards the 1st year
This amount is the net value of the rewards that this card will earn in the first year, based on your spending. Our calculation takes into account the welcome offer (if any) and deducts the annual fee (if any).
$
Net annual rewards in subsequent years
This amount is the annual net value of the rewards this card will earn after the first year, based on your spending. If there is an annual fee associated with this card, it is deducted from the total annual rewards.

Welcome offer

Enjoy a 2.99% interest rate on balance transfers

Get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39).Offer ends in October 31, 2024.

Special features

This card comes with low annual fees and income requirements. The current transfer balance offer can benefit anyone trying to tackle credit card debt. Cash back rewards earn you money for making everyday purchases.

The features of the Scotiabank Momentum Visa card make it a perfect choice for students, newcomers, and anyone who wants to consolidate their monthly payments onto one card.

No conversion fees

Scotiabank is the only major financial institution in Canada to waive the 2.5% conversion fee on foreign transactions. However, regular currency conversion rates still apply.

REQUIREMENTS

CREDIT
SCORE
CANADIAN RESIDENCY
12 000
REQUIRED INCOME

INSURANCE

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Purchase Security

Purchase protection for items charged to your card extends for the first 90 days from the date of purchase.

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Extended Warranty

Additionally, items charged to your card are covered under an extended warranty that doubles that of the manufacturer.

BENEFITS

Exclusive discounts with my favorite brands

Cardholders can take advantage of 25% off base rates at participating AVIS and Budget locations across Canada.

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Still not sure? Compare credit cards and find the best one for your needs.

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