For once, bundling up feels good.

Earn up to $670 in first year value when you bundle your banking.

Make the most out of your banking package!

Earn up to $670 in bonuses, cash back and savings in your first year when you bundle your banking by October 31, 2023.

Apply for a Scotia Momentum® Visa Infinite* Card today1

Open a MomentumPLUS Savings account and earn up to 5.40% for the first three months2

Here’s how you can earn up to $670 in bonuses, cash back and savings:

With a Scotia Momentum® Visa Infinite* Card you could earn up to $370 in cash back and savings in your first year,
which includes3:

Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases), valued up to $200 in value3

Plus, pay no annual fee for your first year ($120), even on supplementary cards ($50)3.

Plus, with a MomentumPLUS Savings Account, you could earn $300 in interest4
when you make a deposit of $10,000, select a 90 day Premium Period and maintain that balance in your account for 12 months:

3.10% Welcome Bonus Interest Rate eligible for first 3 months2 ($75)

1.40% Regular Interest Rate5 ($140)

0.85% 90-Day Premium Period Interest Rate6 ($85)

0.05% Package Interest Rate boost with a Preferred Package7 ($5)

Your Scotia Momentum® Visa Infinite* Card comes with great benefits

Right for you if you:

  • Want to obtain a convenient and secure payment method for everyday purchases
  • Interested in building your credit history by making at least your minimum payments on time each month
  • Want an interest free grace period on purchases
  • Value the rewards and benefits that can be earned with this Card and willing to pay an annual fee
  • Meet a minimum annual income of $60,000 or a minimum household income of $100,000 or minimum assets under management of $250,000

May not be right for you if you:

  • Will be carrying an outstanding balance for a long period of time or using it for debt consolidation
  • Prefer not to pay an annual fee

Not the right card for you?

Benefits you’ll love

Take advantage of one-of-a-kind dining, entertainment adventures, and exclusive benefits for Visa Infinite Card holders, Concierge Service, and Hotel Collection8.

Get mobile device insurance on new devices purchased using your card9

Shop and travel with 8 different types of insurance coverage9

Your award-winning card

Winner of the 2023 MoneySense Best Cash Back Card

Winner of the 2022 MoneySense Best Cash Back Card

Fee & rates

Annual Fee: $120/year6

Interest rates:
20.99%
on purchases
22.99% on cash advances

Minimum credit limit: $5,000

Each supplementary card: $50/year

After the special offer period, keep earning cash back on your everyday purchases

4%

Groceries and recurring payments

Earn 4% for every $1 you spend on eligible grocery store purchases, recurring bill payments, and subscription purchases.12

2%

Gas and daily transit

Earn 2% for every $1 you spend on eligible gas purchases and daily transit purchases.12

1%

Everything else

Earn 1% cash back on all other purchases with no cash back limit.12

Top reasons to open a MomentumPLUS Savings Account.

Right for you if you:

  • Want to save longer to receive higher interest
  • Will not require ABM, Point of Sale access, or automated direct bill payment functionality
  • Want free unlimited transfers between Scotiabank accounts via self-service

May not be right for you if you:

  • Want to use for everyday banking such as purchases, ABM transactions, and payroll deposits

Not the account for you?
Help me choose the right savings account

Account benefits

  • No monthly account fee
  • Save for multiple goals in one account
  • Unlimited self-service transfers13

Grow your money

  • Choose the premium period that suits you and track as you earn
  • Set up an automatic savings plan

Scotia perks

  • Take a picture of your cheque and deposit into your account using Mobile Cheque Deposit

Watch your savings grow over time

With the MomentumPLUS Savings Account, you can earn a savings rate of up to 5.40%2 for 3 months.

Regular interest rate5

Open an account and make a deposit to earn 1.50% regular interest rate.

Premium period interest rate6

Start a Premium Period and get up to 1.15% additional interest rate.

 

Rate varies depending on the select period: 

1.15%   |  360 days
1.00%   |  270 days
0.90%   |  180 days
0.85%  |  90 days

Bank account customers get an additional interest rate boost7

Ultimate Package customers earn an additional interest rate boost of 0.10%.

 

Preferred Package customers earn an additional interest rate boot of 0.05%

Welcome bonus interest rate2

Get a 3.10% Welcome Bonus Interest rate on eligible deposits for 5 months, if you open account during the campaign period.

Interest rates are per annum and subject to change. Visit the Current Rates page for more information.

Ready to bundle up?