Scotia Momentum®
Visa* Card

Cash back on all eligible gas station, grocery store, drug store purchases and recurring payments.2
2%
Low Annual Fee
$39
Convenient with Visa payWave* simply wave your card and go!3
Scotiabank Rewards Calculator
Calculate and SaveGreat reasons to get this card for your everyday purchases
2% Cash back on all eligible gas station, grocery store, drug store purchases and recurring payments.2
Plus earn 1% cash back on all other eligible purchases.2
Gas Stations2
2%
Grocery Stores2
2%
Drug Stores2
2%
Recurring Bill Payments2
2%
Plus earn 1% cash back on all other eligible purchases.2
Scotia Momentum Visa card Cash Back Program Terms and Conditions
The Scotia Momentum® suite of cash back VISA* cards
The Scotia Momentum® VISA* Infinite card, Scotia Momentum® VISA* card & Scotia Momentum® No-Fee VISA* card.
Is one of these the right card for you?
Fees, Rates & Other Information4
Annual Fee
39
15 each Supplementary Card
Interest rates
19.99 / 22.99
19.99 on purchases. 22.99 on cash advances, balance transfers and Scotia Credit Card Cheques
Credit Limit
500
Minimum
Your card comes with benefits
Take advantage of all the ways a Scotia Momentum® Visa card adds to your life.
Purchase Security & Extended Warranty Protection5
Most items purchased with your card are insured against theft, loss, or damage for 90 days from the purchase date and the manufacturer’s warranty is doubled for up to one year.
Start a cash flow
Make the most of your card. Consolidate all your recurring payments on your card and turn them into cash back rewards!
Get a Supplementary Card
Add an additional Supplementary Cardholder to your Scotia Momentum® Visa card Account. One account, multiple cards. Added benefits! Get an additional card for a friend or family member.6
Save time at the checkout
Tap your Scotia Momentum® Visa card or your smartphone for quick easy payments.
Save on car rentals
As a Scotia Momentum Visa Cardholder, you can save up to 25% off base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S. when you pay with your Scotia Momentum Visa card.
For claim forms and answers to Frequently Asked Questions, visit our partner's site.
Scotia Credit Card Protection (optional)
This optional insurance coverage can provide you and your family financial protection by paying off your outstanding account balance or helping to cover your monthly credit card payments as a result of certain unexpected life events, such as Death, Critical Illness, Hospitalization, Disability, Job Loss or Strike or Lockout.
There are two different coverage bundles to choose from:
Basic Protection
- Death Benefit
- Critical Illness Benefit
- Hospitalization Benefit
Comprehensive Protection
- Death Benefit
- Critical Illness Benefit
- Hospitalization Benefit
- Disability Benefit
- Job Loss Benefit
- Strike or Lockout Benefit
Scotia Momentum® Visa* card
Offer Description and Conditions: The introductory 2.99% interest rate on balance transfers applies only to cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions) (collectively “Cash Advances”) subject to the conditions below (the “Offer”). This rate applies when the new Scotia Momentum Visa credit card account (“Account”) is opened by February 28, 2021 and will continue for 6 months from date of Account opening (the “Promotional Period”). This Offer is subject to any available limit for Cash Advances (the “Cash Advance Available Limit”) on your Account. This Offer cannot be used to transfer a balance from another Scotiabank Account, or to make a payment or deposit to another Scotiabank Account. After the Promotional Period, the 2.99% interest rate on any promotional Cash Advances (including any that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on Cash Advances (currently 22.99%). If you don’t pay the minimum payment on your Account by the payment due date on your statement, two times in any consecutive 12-month period, you will lose the benefit of this promotional rate Offer and the interest rates that apply on any unpaid balance will increase to the standard annual interest rates that apply to your Account (currently 24.99% on purchases and 27.99% on Cash Advances). Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card (with the exception of cardholders of the Scotiabank More Rewards credit card) in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
Payment Allocation: In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account. We group charges based on the interest rate that applies to the group of charges. Your payment cannot be applied to the balance(s) of your choice. See your credit card agreement for more information about how we apply payments to your Account.
Rates and Fees: A Balance Transfer fee of 0% of the amount of each Balance Transfer transferred during the Promotional Period applies to this Offer. The current annual fee is $39 for the primary card and $15 for each additional supplementary card. The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on Cash Advances. All rates, fees, features and benefits are subject to change.
You will earn 2% Cash Back on the first $25,000 in purchases that are charged annually on your Scotiabank Momentum Visa Card Account (the “Account”) on gas station, grocery store and drug store purchases and on recurring payments. 2% Cash Back applies at merchants which are classified in the Visa Inc. (Visa) network as Grocery Stores & Supermarkets, Drug Stores & Pharmacies, Service Stations (with or without ancillary services), Automated Fuel Dispensers and Recurring Payments (Merchant Codes: 5411, 5541, 5542 & 5912). Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants, but are classified by Visa in another manner, in which case this added benefit would not apply. Recurring payments are payments made on a monthly or regular basis automatically billed by the merchant to your Account. Recurring payments are typically for purchases of subscriptions, telecommunication, insurance, gym memberships, etc. Not all merchants offer recurring payments. (Please check with the merchant to see if they offer recurring payments on Visa Accounts) You will earn 1% Cash Back on purchases made on the Account after the 2% $25,000 annual spend max has been reached. Cash Advances, balance transfers, Scotia Credit Card Cheques, returns, refunds or other similar credits, payments, fees, interest or service/transaction charges do not qualify for Scotia Momentum Cash Back.
All Scotiabank retail credit cards, except ScotiaLine Visa card, Scotiabank Value Visa card, and No-Fee Scotiabank Value Visa card, will have Visa payWave when issued or reissued. Visa payWave™ is a Trademark of Visa Int./Lic. User.
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. Learn more about credit card fees and interest rates.
Insurance coverage is underwritten by American Bankers Insurance Company of Florida. The Bank of Nova Scotia is not an insurer. All claims for insurance indemnities must be forwarded to the insurer. Details of the coverage, including definitions, benefits, limitations, and exclusions are in the Certificate of Insurance provided with the card. Read the Certificate of Insurance then keep it in a safe place with your other valuable documents, and take it with you when you travel.
The Primary Cardholder on the Scotiabank Momentum Visa Card Account (the “Account”) is responsible for all charges to the Account including those made by the additional Supplementary Cardholder.
Apple Pay works with iPhone 6 and later in stores, apps, and websites in Safari; with Apple Watch in stores and apps; with iPad Pro, iPad Air 2, and iPad mini 3 and later in apps and websites; and with Mac in Safari with an Apple Pay enabled iPhone 6 or later or Apple Watch. For a list of compatible Apple Pay devices, see https://support.apple.com/km207105
Registered Trademark of The Bank of Nova Scotia
Visa Int./Licensed User.
Click to Pay is an online checkout solution provided by a third party that supports American Express, Mastercard and Visa cards and is based on EMV® SRC Specifications. The Bank of Nova Scotia is not responsible for this service.