No annual fee and cash back on everyday purchases

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 (2% fee per cash advance, 22.99% after that; annual fee $0).2

Is this Credit Card right for you?

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
  • Prefer to avoid annual fees

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
  • 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

$0/year
Chart

Interest Rates3

19.99% on purchases
22.99% on cash advances
Move money

Minimum credit limit

$500
Request money

Supplementary Card3

$0/year

Additional Benefits

  • 1% cash back on all eligible gas station, grocery store, drug store purchases and recurring payments.1 Plus earn 0.5% cash back on all other eligible purchases.1
  • Save up to 25% off base rates at participating AVIS and Budget locations in Canada and the U.S. when you pay with your Scotia Momentum No-Fee Visa card.4
  • Consolidate all your eligible recurring payments on your card and turn them into cash back rewards.
  • 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 Learn more.
  • 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

Scotia Momentum® Visa* Card

Main features and perks

Get up to 2% cash back on eligible gas station, grocery store, drug store purchases and recurring payments.1

Special offer

Get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39).2

Learn more

Scotia Momentum® Visa Infinite* Card

Main features and perks

The cash back card with the most awards in 2023.

Plus, comprehensive Travel Insurance and New Mobile Device Insurance.7

Special offer

Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).1 Plus, no annual fee in the first year, including on additional cards.1

Learn more

Scotia Momentum® Mastercard®* Credit Card

Main features and perks

Earn 1% cash back on all eligible gas station, grocery store, drug store purchases and recurring payments.1

Special offer

7.99% introductory interest rate on purchases for the first 6 months (20.99% after that; annual fee $0).2

Learn more
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