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Trending searchesYour cash advance rate applies to cash advances, balance transfers, and cash-like transactions.3
Supplementary cards for your employees.2 One account, multiple cards and Visa Spend Clarity to help you manage it all.
1% cash back on everyday purchases for your business4
Hit the road and get up to 6¢/L in value at Shell5
When you link your Scotia Momentum® for business No Fee Visa* Card to Shell Go+.
If you have a minimum of $25 in cash back, you can redeem it at any time through the Scotia mobile app or online banking.7
Use your cash back towards a statement credit or deposit it into a Scotiabank account. There’s no annual limit and your cash back never expires as long as you are a Cardholder.
Suite of Visa tools to manage expenses and savings
Here’s what you can do:
Unlock discounts and earn more cash back with Visa SavingsEdge8.
Access coupons for automatic savings at participating retailers. Plus, link your card and earn extra cash back on qualifying purchases.
Learn more and link your card at visasavingsedge.ca.
Turn eligible credit card purchases of $100 or more into monthly installment payments over a fixed period of time with Scotia SelectPay.10
Add your Scotiabank Momentum® for business Visa* card to make payments securely. Use our How To Guides for Apple Pay, Google Pay, and Samsung Pay.
Save up to 25% off base rates at participating AVIS and Budget locations across Canada and the US when you pay with your Scotia Momentum® for business No Fee Visa* Card.11
To book with Avis, visit www.avis.com/scotiamomentumnofeebusiness or call 1-800-879-2847. Use the AVIS worldwide discount code C2196006.
To book with Budget, visit www.budget.com/scotiamomentumnofeebusiness or call 1-800-268-8900. Use the Budget Corporate Discount code A3633029.
When you charge the full purchase price of your new mobile device (smartphone, cellphone, or tablet) to your Scotia Momentum® for business No Fee Visa* Card or when you finance the purchase price with a wireless provider and all monthly wireless bill payments are charged to the card, you may be covered for up to $1,000 CAD worldwide if your device is lost, stolen, or accidentally damaged within two years of purchase.6
Provides you with coverage for certain items charged to your card if they are lost, stolen, or damaged, within 90 days of the purchase date.6
If you charge the full purchase price of an item to your card, and it has a manufacturer’s warranty, you may be entitled to double the original manufacturer’s warranty period for up to one additional year.
Coverage is limited to the lesser of your repair cost, replacement cost, or original purchase price.
Registration with the insurer within the first year of purchase is required when the manufacturer’s warranty is 5 years or more.6
This optional insurance coverage can help cover your business loan payments if an eligible team member can’t work as a result of an insured health event . It provides coverage up to $2,000,000 if an insured team member passes away.
Scotia Business Loan Protection12 offers two coverage options:
1. Comprehensive Protection with coverage for:
2. Basic protection with coverage for:
Use your Visa card to make purchases anywhere and you're protected from unauthorized use of your card or account information.
With the Visa* Zero Liability policy, your liability for unauthorized transactions is $0. Certain restrictions and exclusions apply.
Primary and co-borrower cardholders can redeem a cash back balance of $25 or greater anytime:
If your balance is less than $25, you’ll have a progress bar showing the amount left before you can redeem your cash back.
Your cash back balance will not expire while your credit card account is open.
If you close your Scotia Momentum® for business No Fee Visa* Card account, you have 90 days from the close date to redeem your cash back balance.
You might have accounts that aren’t eligible for you to deposit your cash back balance.
For example, if you have a credit card account with you and a co-borrower, you won’t be able to redeem the cash back into a non-joint bank account, such as a sole chequing account or operating account.
Alternatively, if you’re the only primary borrower of your credit card account, you won’t be able to redeem the cash back into a joint account, such as a joint chequing account or operating account that you have with another accountholder.
If you have a cash back redemption in progress, it may take approximately 1 to 2 business days before we can process a redemption to a different account.
Your credit card account is in good standing when these conditions are met:
Review your credit agreement (the Revolving Credit Agreement) and the cash back or Rewards Program Terms that apply to your account for more details about good standing.
Any amount earned under a cash back Bonus offer can be redeemed to your Account after the promotional period of the offer has ended.
Review your Cash Back Program Terms for details.
Offer Description and Conditions: The 10% Cash Back Offer (the “Offer”) applies only to new Scotia Momentum® for business No Fee Visa* Card accounts (“Accounts”) that are opened, and any additional cards on the Account issued, between August 17, 2026 and February 28, 2027 (regardless of the date you apply for the Account) subject to the conditions below.
You will earn 10% cash back on the first $1,500 in eligible purchases you spend on your new Account within the first 3 months of the Account open date (the “Promotional Period”). Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include cash advances (including balance transfers and cash-like transactions), interest, fees or other charges or payments. After the Promotional Period, you will earn regular cash back on eligible purchases at the regular cash back rate (the “Regular Cash Back Program Rate”) as described in the Scotia Momentum No fee Visa* Cash Back Program Terms and Conditions (the “Program Terms”). The 10% cash back rate for any category is made up of the sum of: (i) the Regular Cash Back Program Rate (variable by category as set out under the Program Terms); and (ii) a bonus rate that will vary depending on the Cash Back Program Rate (the “Cash Back Top Up Rate”). Cash back earned under this Offer will be credited to your Account in 2 installments so long as your Account is open and in good standing at time of payout of each:
The Account is considered in good standing if it is not past due or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account. EXAMPLE: If the Regular Cash Back Program Rate for gas purchases is 1% then the Cash Back Top Up Rate will be 9% for that category so that you will earn a total of 10% on the amount of all eligible everyday purchases in that category during the Promotional Period up to a total of $1,500 in purchases. If you make $1,500 in eligible everyday purchases in your first 3 months in the 1% Cash Back category, your cash back earnings will be credited to your Account as follows:
All other terms and conditions of the Program Terms continue to apply during and after the Promotional Period. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
Offer Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank business credit card in the past 2 years, including those that switch from an existing Scotiabank business credit card, are not eligible for the Offer. Subject to the above exclusions, Scotiabank personal credit cardholders are also eligible for the Offer. By accepting this Offer you confirm you meet all Offer eligibility requirements. We reserve the right to revoke this Offer at any time if we determine you do not meet the Offer eligibility requirements, including after you have accepted the Offer or been approved for the Account. |
Rates and Fees: There is no annual fee on this card (including those issued to co-borrowers and supplementary cardholders). The current preferred annual interest rates for the Account are: 21.99% on purchases and 23.99% on Cash Advances.
You are liable for all charges incurred on your account with any supplementary card issued in connection with the account. When you request Scotiabank to issue a supplementary card, we will also issue renewal and replacement cards for such supplementary card, unless the card is cancelled by you or Scotiabank. A Supplementary Cardholder's signature on or use or retention of the supplementary card issued in his or her name shall evidence your receipt of the agreements relating to the account and your acceptance of their terms.
For current rates and information on fees and interest cost, call 1-888-882-8958. Interest rates, annual fees and features are subject to change without notice.
1% CASH BACK EARN RATE: You will earn 1% Cash Back on your Business Purchases made on your Scotia Momentum® for business No Fee Visa* Card Account.
Only Purchases earn Cash Back. Cash Advances including balance transfers and cash-like transactions fees, interest, returns, refunds or other similar credits do not qualify for Cash Back.
ANNUAL SPEND LIMITS: There are no annual limits on the Cash Back you can earn as outlined in these Cash Back Program Terms. See full terms and conditions of the “Cash Back Program Terms and Conditions” at Scotiabank.com/terms/momentum-no-fee-business.
Cardholders with a Scene+ membership who link their Scotia Momentum® for business No Fee Visa* Card and their Scene+ account to a Shell Go+ Account can get up to 6 cents per litre in instant fuel discounts, Cash Back, and Scene+ Points Value when they purchase eligible fuel with their linked credit card:
Note: Highest value of 6 cents per litre assumes a Premium Fuel Purchase (minimum price of $1.00 per litre) made with your Scotia Momentum for business No Fee Visa card linked to a Shell Go+ Account and with your Scene+ account also linked to the Shell Go+ account. Actual value will vary depending on whether or not the credit card is linked, fuel grade purchased, cost of fuel at time of purchase, whether or not you are a Scene+ member, and how you choose to redeem your Scene+ points. |
Under all insurance coverages or services, certain limitations, restrictions and exclusions apply. Please see the Certificates of Insurance for full coverage details. Coverages are underwritten by First North American Insurance Company (FNAIC), a wholly owned subsidiary of The Manufacturers Life Insurance Company (Manulife). The Bank of Nova Scotia is not an insurer. If there is a conflict between the above descriptions and the Certificates of Insurance, the certificate shall prevail. Insurance inquiries or claims must be forwarded to the insurance provider
Account must be open and in good standing to earn and redeem Cash Back. You must have earned a minimum of $25 Cash Back to be able to redeem. Only primary cardholders can redeem. Supplementary cardholders are not eligible to redeem Cash Back. Cash Back will be credited to the primary cardholder’s account within 3- 5 days from the day the redemption request is made. Cash Back will be displayed and available for redemption (after monthly calculation) and posted in the next statement cycle after such calculation has been completed by us. Cash Back will continue to accrue until redemption is made. There is no limit to Cash Back that can be earned. For complete details on how to redeem Cash Back, please see the “Cash Back Program Terms and Conditions” at Scotiabank.com/terms/momentum-no-fee-business. |
Visa SavingsEdge is an automated discount program offered by Visa Canada Corporation ('Visa Canada') to eligible businesses and their authorized cardholders that hold an eligible Visa Business card and whose enrolment in the program is accepted by Visa. Under the program, cardholders can receive discounts from participating merchants each time the cardholder uses an enrolled Visa Business card to make qualifying purchases of goods or services pursuant to an active discount offered by the merchant and that transaction is processed or submitted through the Visa payment system. Discounts provided will appear as credits on future credit card statements 8-10 weeks after purchase date. Visa Canada, not Scotiabank, is responsible for the Program. For details, visit www.visasavingsedge.ca.
The Visa Spend Clarity for Business service is provided by Visa Canada. The Bank of Nova Scotia and its affiliates are not responsible for the Visa Spend Clarity for Business service.
Scotia SelectPay Conditions apply. Review Terms and Conditions for full details or visit scotiabank.com/selectpayforbusiness to learn more.
The savings of up to 25% applies to Avis base rates and is applicable only to the time and mileage charges of the rental. All taxes, fees (including but not limited Air Conditioning Excise Recovery Fee, Concession Recovery Fee, Vehicle License Recovery Fee, Energy Recovery Fee, Tire Management Fee, and Frequent Traveler Fee) and surcharges (including but not limited to Customer Facility Charge and Environmental Fee Recovery Charge) are extra. Avis Preferred Plus membership and services are provided by a third party. The Bank of Nova Scotia and its affiliates are not responsible for Avis Preferred Plus membership and services.
Scotia Business Loan Protection is underwritten by The Canada Life Assurance Company: Tel: 1-800-387-2671, www.canadalife.com under a Group Policy issued to the Bank of Nova Scotia. All coverage is subject to the terms and conditions outlined in the Certificate of Insurance which you will receive upon enrollment. |
Registered trademark of The Bank of Nova Scotia.
Shell trademarks are owned by Shell Brands International AG. Used under license.
Scene+ and the Icon Design are trademarks of Scene Plus IP Corporation, used under license.
Visa Int./ Licensed user.
