Credit Card Interest Rates

View rate information for our family of credit card
Card Interest Rate Cash Advance Rate
Scotiabank® GM®* VISA* Card 17.99% 17.99%
Scotiabank Platinum American Express® Card 19.99% 22.99%
Scotiabank Gold American Express® Card 19.99% 22.99%
Scotiabank American Express® Card 19.99% 22.99%
Scotia Momentum® VISA Infinite CardΔ
19.99% 22.99%
Scotia Momentum® VISA Card 19.99% 22.99%
Scotia Momentum® No-Fee VISA Card 19.99% 22.99%
Scotiabank Value VISA Card 12.99% 12.99%
Scotiabank Value VISA Card - fully secured within the Scotia Total Equity Plan 12.99% 12.99%
No-Fee Scotiabank Value VISA Card 16.99% 16.99%
No-Fee Scotiabank Value VISA Card - fully secured within the Scotia Total Equity Plan 16.99% 16.99%
ScotiaGold Passport VISA Card 19.99% 22.99%
No-Fee ScotiaGold VISA Card 19.99% 22.99%
Scotiabank Passport Visa Infinite* card 19.99% 22.99%
Scotiabank Rewards VISA* Card 19.99% 22.99%
Scotiabank® More Rewards®* VISA* Card 19.99% 22.99%
SCENE VISA Card 19.99% 22.99%
L'earn™ Visa Card 19.99% 22.99%
Scotiabank Passport™ Visa Infinite Business* Card
19.99% 22.99%
SCENE VISA Card – Student 19.99% 22.99%
Scotia Momentum® for business VISA* Card 19.99% 22.99%
Scotiabank® GM®* Visa* Business Card 19.99% 22.99%
ScotiaGold Passport for business VISA Card 19.99% 22.99%
Scotia Momentum® Mastercard®* Credit Card
19.99%
22.99%
Scotiabank® GM®* Visa Infinite* Card
19.99%
22.99%
Scotiabank® U.S. Dollar VISA* Card
19.99%
22.99%

Δ   Important Notice: Effective August 1, 2019

The preferred annual interest rate on Purchases on the Scotia Momentum® Visa Infinite* credit card account will increase from 19.99% to 20.99%.

The preferred annual interest rate on Cash Advances, Balance Transfers, Scotia Credit Card Cheques and Cash-Like Transactions will remain at 22.99%.

The standard annual interest rates of 24.99% on Purchases and 27.99% on Cash Advances, Balance Transfers, Scotia Credit Card Cheques and Cash-Like Transactions is not changing. Those higher standard rates apply as described above.