Save up to hundreds of dollars a year on interest.1

0% introductory interest rate on balance transfers for the first 10 months (12.99% and then after that 13.99% starting August 1, 2024; annual fee $29).2 Plus no annual fee in the first year.2

Is this Credit Card right for you?

Right for you if you:

  • Are a student enrolled in a Canadian post secondary school and this is one of your first Credit Cards
  • Want to obtain a convenient and secure payment method for everyday purchases, that can also help you to build your credit history if you make at least your minimum payments on time each month 
  • Want an interest free grace period on purchases
  • Would like the option of paying an annual fee to receive a lower interest rate 
  • Usually carry a balance on your card (consistently each month)

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
  • Have a steady income of more than $12000/year (income requirement subject to change) as you may qualify for other types of available Credit Cards 
  • Prefer cash back or reward points 
  • Don’t mind paying an annual fee to benefit from even more rewards & other benefits available with one of our other Cards 

Fee & Rates

Transfer

Annual Fee3

$29 /year
Chart

Interest Rates3

12.99% on purchases
12.99% on cash advances

(including balance transfers, Scotia Credit Card Cheques and cash-like transactions)

Move money

Minimum credit limit3

$500
Request money

Supplementary Card3

$0 /year

Additional Benefits

  • Pay down higher interest rates balances faster.
  • Transfer higher rate balances to your card and save even more on interest.
  • Save up to 25% off base rates at participating AVIS and Budget locations in Canada and the U.S. when you pay with your Scotiabank Value Visa Card.5
  • Scotia SelectPayTM A new, flexible way to pay off your eligible Scotiabank Visa credit card purchases of $100 or more, with no interest rate on your plan and a low fee.10
  • Optional Scotia Credit Card Protection insurance. Coverage to help you and your family stay financially on track through unexpected events.9

You may also like these options

Scotiabank American Express® Card (for students)

Main features and perks

Earn up to 3X Scene+TM points on every $1 you spend on eligible grocery, dining, and entertainment purchases1.

 

Special offer

Earn up to 7,500 bonus Scene+ points within your first 3 months (that’s up to $75 towards travel).4

Learn more

Scotiabank® Scene+™ Visa* Card (for students)

Main features and perks

Earn 2X the Scene+ points on every $1 you spend at Sobeys, Safeway, Foodland, and Cineplex.4

Special offer

Earn up to 5,000 bonus Scene+ points within your first year.2

Learn more

 Scotia Momentum® No-Fee Visa* Card (for students)

Main features and perks

No annual fee and cash back on everyday purchases.

Special offer

Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).2 Plus, get a 0% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $0).2

Learn more
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Discover your credit card rewards

Enter your monthly spending details to compare Scotiabank’s credit card benefits and calculate your rewards.

Meet with a Scotiabank advisor

Book a meeting with a Scotiabank advisor today and start the conversation.

Other credit card solutions that might interest you 

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NEW

Discover your credit card rewards

Enter your monthly spending details to compare Scotiabank’s credit card benefits and calculate your rewards.

Meet with a Scotiabank advisor

Book a meeting with a Scotiabank advisor today and start the conversation.

Other credit card solutions that might interest you 

Start over