Scotia Momentum® Mastercard®* Credit Card

Scotia Momentum® Mastercard®* Credit Card

A Scotia Mastercard credit card with up to 1% cash back. Introductory interest rate of 7.99% on purchases for the first six months.

Welcome Bonus

Value

$0

Best For

Annual Fee

$0

Purchase Rates

20.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates


Offer

Offer
  • 7.99% introductory interest rate on purchases for the first 6 months (20.99% after that)1
  • Cash back on everyday spending with no annual fee
  • 1% cash back on eligible gas station, grocery store and drug store purchases and recurring bill payments
  • 0.5% cash back on all other eligible everyday purchases
  • Rates, fees and other information are effective as of Mar 1, 2021. Subject to change.

 

 

Fees & Conditions

Personal Income $12,000
Household Income $12,000
Annual Fee $0
First Additional Card $0
Other Additional Card $50
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 22.99%

Advantages

Rewards Type Cash Back
Transfer Partners Cashback
Loyalty Program Cashback
All Spending 0.5
Groceries 1
Gas 1
Drugstores 1
Online transactions 0.5
AIR MILES partners 0.5
Air Canada 0.5
Streaming services 0.5
Recurring Payments 1
Costco

Value

Value
We estimate the value of the welcome offer during the first year for all the credit card offers. Are taken into consideration:

  • The value of cash back or points earned
  • The value of the benefits or credits earned with the Card
  • The annual fee value (offered or not)

 

Calculation of the offer value
in the first year
Value per point 1.0 ¢
Welcome bonus
Annual fee $0
Value – $