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2.99% introductory interest rate on Balance transfers for the first 6 months (22.99% after that, annual fee $79)
Per dollar of purchases
This section sets out the maximum coverage amounts or periods. Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
The Scotia Momentum for business Visa Card is one of the best cash back options for business owners in Canada.
You can earn up to 3% cash back on your business expenses:
Also note that you can use your cash back at any time (the cash back balance must be at least $25).
What’s more, you currently benefit from an introductory rate of 2.99% on balance transfers for the first six months.
With the Scotia Momentum for business Visa Card, you also benefit from protections for your purchases:
The card also offers practical financial management tools for your business:
The Scotia Momentum Visa for Business Card is a business credit card with cash back designed to help entrepreneurs maximize their business expenses. The Scotia Momentum Visa for Business Card allows you to earn cash back on several key categories related to everyday business operations.
The Scotia Momentum Visa for Business Card offers a cash back system structured by spending category. Eligible purchases in strategic sectors such as gas, restaurants, office supplies, and electric vehicle charging earn an enhanced rate. The Scotia Momentum Visa for Business Card also offers cash back on shipping services, accounting services, and recurring payments, as well as a base rate on all other business purchases.
The Scotia Momentum Visa for Business Card is particularly advantageous for:
These categories make the Scotia Momentum Visa for Business Card a tool well-suited to SMEs and self-employed workers.
The cash back earned with the Scotia Momentum Visa for Business Card can be redeemed once a minimum balance is reached. It can be applied as a statement credit or deposited into an eligible Scotiabank account. The Scotia Momentum Visa for Business Card does not impose any annual limit on cash back earned.
The cash back earned with the Scotia Momentum Visa for Business Card does not expire as long as the account remains open and in good standing. This feature allows businesses to accumulate cash back over the long term.
The Scotia Momentum Visa for Business Card provides access to Visa Spend Clarity for Business, an online expense management tool. With the Scotia Momentum Visa for Business Card, businesses can generate detailed reports, categorize transactions, add digital receipts, and export data to eligible accounting software.
Yes. The Scotia Momentum Visa for Business Card allows you to issue additional cards for employees. All expenses made with these cards are consolidated on a single monthly statement, simplifying management and increasing overall cash back accumulation.
The Scotia Momentum Visa for Business Card allows you to benefit from the Visa SavingsEdge program to obtain savings from participating merchants. It also offers the option to use Scotia SelectPay to convert certain eligible purchases into fixed monthly payments.
The Scotia Momentum Visa for Business Card is particularly suitable for small and medium-sized businesses, self-employed workers, and entrepreneurs who want to centralize their expenses and earn cash back on their everyday business purchases.
The Scotia Momentum Visa for Business Card offers a grace period on new purchases when the account is in good standing, which helps optimize cash flow management. By consolidating recurring payments and recurring expenses on the Scotia Momentum Visa for Business Card, businesses can turn their expenses into cash back while improving visibility into their finances.
*Conditions apply. Rates, fees and other information are effective as of Oct 31, 2025. Subject to change.
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