Scotia Momentum® No-Fee Visa* card

Scotia Momentum® No-Fee Visa* card

Welcome Bonus

Up to $100 cash back Ends Aug 31, 2022

Best For

Value
Year 1

$280

Years 2 and +

$180

Annual Fee

$0

Interest rates
Purchase Rates

19.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates

Your Monthly Spending

Offer

Offer
  • Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).1
  • Plus, get a 2.99% introductory interest rate on purchases and balance transfers for the first 6 months (19.99% on purchases/22.99% on cash advances including balance transfers after that; annual fee $0)1
  • Earn Cash back on regular purchases and no annual fee.
  • 1% Cash back on all eligible gas station, grocery store, drug store purchases and recurring payments.
  • Plus earn 0.5% cash back on all other eligible purchases.

Fees & Conditions

Personal Income $12,000
Household Income $12,000
Annual Fee $0
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Balance Transfer
Balance Transfer Intro Duration 6 %
Balance Transfer - Promotional Rate 2.99%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP Lounges
First-Year Offer Value
Accumulated rewards
Annual fee
Net value

Advantages

Offer ends on Aug 31, 2022
Welcome Bonus amount Up to $100 cash back
Minimum Spending Required $2,000
Minimum Spending Timeframe (Months) 3 month(s)

Earnings

Per dollar of purchases

All Spending 0.5 %
Groceries 1 %
Gas 1 %
Dining and Food delivery 0.5 %
Convenience Stores 0.5 %
Drugstores 1 %
Local Transport 0.5 %
Travel 0.5 %
Entertainment 0.5 %
Recurring Payments 1 %
Telecom/Internet 0.5 %
Streaming services 0.5 %
Online transactions 0.5 %
Office Supplies 0.5 %

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
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
Hotel/Motel Burglary Insurance

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
Purchase Protection
Mobile Device Insurance
Price Protection
3 Milesopedia Rating