Scotia Momentum® Visa® Card
2% cash back on gas, recurring payments, grocery and drug store purchases. and recurring payments.
Updated: May 18, 2022
Been waiting for a better credit card offer? It's here. ScotiaBank and Visa now offer the low-fee cash back rewards Momentum credit card. It's a smart financial choice that is designed to protect consumers, ensure lower fees and offer a great rewards program, too. Applying is easy when you visit the ScotiaBank website and there's always a great customer service team on ready to answer questions.
ANNUAL FEE
$39
ONGOING APR
19.99%
INTRO APR
2.99%

at Scotiabank Secured website
Apply NowIntroductory APR
2.99%
Intro APR Period
6 months on BT
Minimum Credit Score
Good
Key Features
- 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39)◊
- Cash back with low annual fee
- 2% on eligible gas station, grocery store and drug store purchases and recurring bill payments
- 1% cash back on all other eligible everyday purchases
Our Take
Consider the credit cards you’ve used over the years, some of which you may still carry in your wallet, rarely, if ever used because of a too-high interest rate, too many fees that make it unaffordable or maybe just because of poor customer service. Even those that you do often may not offer everything you’d define as a perfect financial tool. Now consider Scotiabank Momentum Visa. This credit card has the backing of two of the biggest names in the financial industry: ScotiaBank and Visa. That’s a lot of power packed into a credit card – but it’s what every consumer is looking for.
Let’s face it, there is an overwhelming number of credit cards on the market today. Finding the one that meets your needs, offers affordable fees and lower interest rates can be challenging. Just when it seems as though you’ve discovered that ideal rewards credit card, you realize the fees are simply too high. There has to be a better way – and that better way is found in this great rewards card.
A low-interest rate, the latest in credit card safety technology, cashback on everyday purchases, and even those monthly recurring payments we make for our mortgages, insurance, and car payments. Plus, you’ll enjoy worldwide acceptance, the convenience of Visa payWave as well as Visa Checkout and you’re eligible for My Mobile Wallet. You’ll never worry about another purchase when you add the security and extended warranty protection. There’s a reason the Scotiabank Momentum Visa card stands apart – come and see for yourself.
Pros
- Long term intro rates
- Rewards program
Cons
- Annual fee
- No bonus points
Scotia Momentum Visa FAQs
Issuer: | Scotiabank |
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Network: | VISA |
Category: | Consumer (Regular) |
Best Used For: |
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Rewards: | Yes |
Reward Types: |
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Reward Units: | Cash |
Introductory APR (%): | 2.99% |
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Applied Towards: |
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Intro Period: | 6 months on BT |
Regular APR: | 19.99% |
Regular APR Type: | |
Annual Fee: | $39 |
Balance Transfer: | Yes |
APR on Cash Advances: | 22.99% |
Grace Period: | See Terms |
Other Fees: |
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Scotia Momentum® Visa® Card Alternatives
![]() Scotia Momentum® Visa® Card |
APPLY NOW |
Annual Fee $39 |
Regular APR 19.99% |
Intro APR 2.99% |
Min. Credit Level Good |
Scotia Momentum® Visa® Card
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