Scotia Momentum® No-Fee Visa* card  🇨🇦

Welcome Bonus
Up to $100 cash back + 0% introductory interest rate on balance transfers for the first 6 months
Ends Oct 31, 2024
  • No annual fee
  • Reduced interest rate on balance transfers
Annual Fee
$0
Interest rates
Purchase Rates
19.99 %
Cash Advance Rates
22.99 %
Balance Transfer Rates
22.99 %

Momentum Visa Fre
Scotia Momentum® No-Fee Visa* card
Up to $100 cash back + 0% introductory interest rate on balance transfers for the first 6 months
Ends Oct 31, 2024
Apply Now

Offer

  • Special Offer: Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). Plus, get 0% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $0). Offer expires Oct,31,2024
  • Get up to 1% cash back on eligible purchases with no annual fee.

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 Rates 22.99%
Balance Transfer
Balance Transfer Intro Duration 6 month(s)
Balance Transfer - Promotional Rate 0.00%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First year offer value
Rewards Earned
Annual fee
Net value

Advantages

Offer ends on Oct 31, 2024
Welcome Bonus amount Up to $100 cash back + 0% introductory interest rate on balance transfers for the first 6 months
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

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

Other Insurance

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

Our review

The Scotia Momentum® No-Fee Visa* Card is a great cash-back credit card in Canada. Currently, you can earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).

With the Scotia Momentum® No-Fee Visa* Card, you get :

  • 1% Cash back on all eligible gas station, grocery store, drug store purchases and recurring payments.
  • 0.5% on all other purchases

This is a great no-fee Visa credit card to earn cash back.

Plus, you can get a 0% introductory rate on balance transfers for the first six months.

Frequently Asked Questions

Alternative Cards

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