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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 no-annual-fee Scotia Momentum Visa is an excellent cashback credit card in Canada. Currently, you can earn 5% cash back on all purchases for the first three months (up to $2,000 in total purchases).
With the Scotia Momentum® No-Fee Visa* Card, you get :
This is a great no-fee Visa credit card to earn cash back.
What’s more, you can benefit from a 0% introductory rate on balance transfers for the first six months. A 2% fee applies to cash advances.
The card has no annual fee.
The rate is 19.99% for purchases and 22.99% for cash advances.
It offers a 1% cash back on eligible purchases at gas stations, grocery stores, pharmacies, and recurring payments.
Yes, 0.5% cash back is earned on all other eligible purchases.
Discounts are available at Avis and Budget rental agencies.
Yes, it’s equipped with Visa payWave for fast payments.
The card offers optional coverage for a variety of unexpected events.
*Conditions apply. Rates, fees and other information are effective as of October 31, 2025. Subject to change.
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