Rewards

Scotia Momentum Visa card

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Minimum Annual Income $12,000
Required Credit Score No
Canadian Residency No

Scotia Momentum Visa card

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 $49).

$365 First Year Value
$365 Consecutive Years Value
Annual Fees $49
Additional cards $15/year
Additional cards are free for the first year.
Interest Rates
20.99% on purchase 22.99% on cash advance 22.99% on balance transfer
Scotia Momentum Visa card - Scotiabank

Estimated rewards for the first year*

Total Reward: $414
Entertainment: $24
Gas: $120
Groceries: $144
Restaurants: $60
Other: $66
Annual Fee: $49
Total: $365
* The calculated estimated expenses are based on typical monthly spending, including approximately $100 for entertainment, $500 for gas, $600 for groceries, $550 for other miscellaneous costs, and $500 for restaurants, or on the amounts entered by the user in the expense calculator on this page, if provided.
Scotia Momentum Visa card - Scotiabank

Estimated rewards for subsequent years*

Total Reward: $414
Entertainment: $24
Gas: $120
Groceries: $144
Restaurants: $60
Other: $66
Annual Fee: $49
Total: $365
* The calculated estimated expenses are based on typical monthly spending, including approximately $100 for entertainment, $500 for gas, $600 for groceries, $550 for other miscellaneous costs, and $500 for restaurants, or on the amounts entered by the user in the expense calculator on this page, if provided.

Reward Calculator

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Net Annual rewards the fisrt year

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Net Annual rewards the subsequent years

Special Features

01

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.

02

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.

Card Benefits

Exclusive discounts with my favourite brands

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

Card Insurance

Purchase protection

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

Extended warranty

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

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