• 7.99% introductory interest rate on purchases for the first 6 months†
  • Cash back on everyday spending with no annual fee
  • 1% cash back on eligible gas station, grocery store and drug store purchases and recurring bill payments
  • 0.5% cash back on all other eligible everyday purchases

The No-Fee Scotia Momentum® VISA® Card Review



This card is The Premium Consumer card
Card Details
  • - Network: VISA
  • - Issuer: Scotiabank
  • - Type: Instant Decision Cards
Rate this Card!
total votes: 21
Rewards UnitCash
Rewards
  • - 1% cash back on eligible gas station, grocery store and drug store purchases and recurring bill payments
  • - 0.5% cash back on all other eligible everyday purchases
Annual Fee $0*
Credit Needed Good
Intro APR (%) 7.99% *
Intro Period 6 months*
Regular APR (%) 19.99%*
Grace PeriodSee Terms*
Fees
  • - Over limit fee: $29.00
  • - Foreign Currency Conversion fee: 2.5%
  • - Dishonored payment fee: $48

Other Benefits

    - Scotia Credit Card Protection (optional)
    - Visa payWave
    - My Mobile Wallet
    - AVIS car rental discounts
    *See terms and conditions of the card for other benefits

Special Notes

The introductory 7.99% interest rate applies to purchase only (the "Offer"). This rate applies when the new Scotiabank credit card account ("Account") is opened by defined date (see website for details) the ("Offer End Date") will continue for 6 months from that date ("the Promotional Period"). After the Promotional Period, balances at the promotional rate of 7.99% (including any unpaid balances) will increase to the preferred interest rate for purchases that applies on your Account. Offer applies to new Accounts only opened by defined date (see Terms & Conditions of the offer). Offer applies only to new Scotiabank credit card accounts opened by the Offer End Date. Former or current Scotiabank credit cardholders that transfer from an existing Scotiabank credit card account or re-open a closed Scotiabank credit card account are excluded from this Offer. Offer may be changed or extended and cannot be combined with any other offer.

The preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions). Rates and fees are subject to change.


at Scotiabank's secure site.


The review is prepared by CreditDad.com staff. Opinions expressed therein are solely those of the reviewer. *Card rates, fees and other information presented is believed to be accurate at the time of the evaluation. We strongly advise to review the terms and conditions of the offer prior to applying for the product.


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