Scotiabank Mastercard Credit Card Accounts

Update to important notice about Rate, Fee and Other Changes

We recognize that this is an uncertain time for everyone. The change to the interest rate for purchases described below on the Scotia Momentum Mastercard will no longer be taking effect on April 1, 2020. Additionally, the changes to certain cash advance fees will no longer be taking effect on May 1, 2020.

However, the changes to the Scotia Momentum Mastercard Cardholder Agreement are still in effect as of April 1, 2020.

Important notice

Effective April 1, 2020, our Scotia Momentum Mastercard Cardholder Agreement will be updated. As well, the preferred annual interest rate on Purchases is increasing from 19.99% to 20.99%

Effective May 1, 2020 certain fees are increasing from $3.50 or $4.00 (as applicable) to $5.00.

A summary of these changes can be found here.

Effective June 1, 2020, the exchange rate will be determined on the date the transaction is settled with Mastercard not when the transaction is posted to the Account. A summary of this change can be found here.

Refer below for an updated copy of the Cardholder Agreement in effect as of April 1, 2020.

At Scotiabank, we are committed to helping you better understand the terms and conditions associated with your revolving credit products and any updates or changes that we make to them.  Please click on the link below to review the current Scotia Momentum Mastercard Cardholder Agreement for your account. A complete listing of the accounts governed by this agreement is also below.

Scotiabank Mastercard Credit Card Accounts

Need help?

 Find the right account

Try the tool
@ScotiabankHelps

Mon-Fri (9am-9pm) EST

@Scotiabankhelps
Prefer to talk with us?

Press 5 (24/7) 

1(800)472-6842