Credit Card Interest Rates

View rate information for our family of credit cards

Card	Purchase Interest Rate^†	Cash Advance Rate^†
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 Card	20.99%	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%
No-Fee Scotiabank Value VISA Card	16.99%¹	16.99%¹
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%
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%²	22.99%
Scotiabank^® GM^®* Visa Infinite^* Card	19.99%	22.99%
Scotiabank^® GM^®* VISA^* Card	19.99%	22.99%
Scotiabank^® U.S. Dollar VISA^* Card	19.99%	22.99%

Effective April 1, 2021 the preferred annual interest rate on Purchases and Cash Advances (includes balance transfers, Scotia Credit Card Cheques and cash-like transactions) on the No-Fee Scotiabank Value Visa credit card account will change from 16.99% to 12.99%.

Effective April 1, 2021 the preferred annual interest rate on Purchases on the Scotia Momentum Mastercard credit card account will change from 19.99% to 20.99%.

†

Interest rates are for information purposes only. Interest rates are subject to change.