• 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 Scotia Momentum® Mastercard® Credit Card Review



This card is The Premium Consumer card
Card Details
  • - Network: MasterCard
  • - Issuer: Scotiabank
  • - Type: Instant Decision Cards
Rate this Card!
total votes: 1
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

    *See terms and conditions of the card for other benefits

Special Notes

The introductory 7.99% interest rate applies to purchases only. This rate applies when the new Scotiabank credit card account ("Account") is opened and will then continue for 6 months from that date ("the Promotional Period"). After the Promotional Period, balances that were at 7.99% (including any unpaid balances) will increase to the preferred interest rate for purchases on your Account. Purchases exclude refunds, returns or other similar credits, payments, cash advances, balance transfers, Scotia Credit Card Cheques, interest, fees or other charges. Offer applies to new Accounts only that are opened by defined date (See website for details). Offer may be changed or extended and cannot be combined with any other offer. 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.


Share.