Scotia Momentum® for business Visa* Card

Business Card
Welcome Bonus
2.99% introductory rate on balance transfers for the first six months
Ends Oct 31, 2025
  • 3% cash back on gas, restaurants and office supplies
  • 3% cash back on recurring bill payments
  • 1% cash back on everything else
Annual Fee
$79
Interest rates
Purchase Rates
19.99 %
Cash Advance Rates
22.99 %
Balance Transfer Rates
22.99 %
carte visa momentum Scotia pour entreprise
Scotia Momentum® for business Visa* Card
Business Card
2.99% introductory rate on balance transfers for the first six months
Ends Oct 31, 2025
Apply Now

Offer

  • 2.99% introductory interest rate on Balance transfers for the first 6 months (22.99% after that, annual fee $79)
  • 3% cash back on purchases at gas stations, restaurants and office supply stores, as well as on recurring payments, and 1% on all other eligible everyday purchases for your business.
  • 25-day interest-free grace period on new purchases
  • Suite of comprehensive insurances
  • Enjoy the flexibility of buying now and paying little by little with Scotia SelectPayTM

Fees & Conditions

Annual Fee $79
First Additional Card $29
Other Additional Card $29
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Balance Transfer
Balance Transfer Intro Duration 6 month(s)
Balance Transfer - Promotional Rate 2.99%

Advantages

Offer ends on Oct 31, 2025

Earnings

Per dollar of purchases

All Spending 1 %
Groceries 1 %
Gas 3 %
Dining and Food delivery 3 %
Convenience Stores 1 %
Drugstores 1 %
Local Transport 1 %
Travel 1 %
Entertainment 1 %
Recurring Payments 3 %
Telecom/Internet 1 %
Streaming services 1 %
Online transactions 1 %
Office Supplies 3 %

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
8 day(s)
Travel medical insurance up to 64 years old
3 day(s)
Travel medical insurance 65+
3 day(s)
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection

Our review

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:

  • 3% cash back at gas stations, restaurants and office supply stores
  • 3% on recurring payments
  • 1% on all other eligible purchases

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:

  • Purchase Protection
  • Extended warranty

The card also offers practical financial management tools for your business:

  • Detailed expense reports
  • Flexible payment options
  • Interest-free grace period of up to 25 days
  • Access to online statements
  • Possibility of adding additional cards for your employees ($29 per card)

Alternative Cards

3 Milesopedia Rating

Receive our newsletter every week!

Savings are here (if you don’t see the sign-up form, please click here):

Milesopedia