canada

Cash back on everyday purchases and intro offer on Balance Transfer for 6 months!
  • 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
Scotia Momentum® VISA® Card Scotia Momentum® VISA® Card Apply Now
Card Issued by Scotiabank

canada The Scotia Momentum® VISA® Card Review



This card is The Premium Consumer card
Card Details
Rate this Card!
total votes: 25
Rewards UnitCash
Rewards
  • 2% on eligible gas station, grocery store and drug store purchases and recurring bills
  • 1% cash back on all other eligible purchases
Annual Fee $39*
Credit Needed Good*
Credit Reporting No*
Intro APR (%) 2.99%*
Intro Period 6 months on BT*
Regular APR (%) 19.99% *
Grace Period See Terms*
Fees
  • - Balance transfer fee: 1%
  • - Cash advance fee: 1%
  • - Over limit fee: $29
  • - Foreign Currency Conversion fee: 2.5%
  • - Supplementary card Holder annual fee: $15
  • - Dishonoured Payment Fee: $48
Special Notes The introductory 2.99% interest rate applies to cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions) only (the "Offer"). This rate applies when the new Scotiabank credit card account ("Account") is opened by the defined period (see website for details) (the "Offer End Date") and will continue for 6 months from that date ("the Promotional Period"). This offer cannot be used to transfer a balance from another Scotiabank Account or to make a payment or deposit to another Scotiabank Account. After the Promotional Period, the 2.99% interest rate on any promotional balances (including any that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on cash advances (including balance transfers, Scotiabank® Credit Card Cheques and cash-like transactions) that applies on your Account. 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.

A 1% Promotional Rate Fee (minimum fee of $3.50) will be charged on the amount of any promotional rate cash advances (which includes balance transfer, Scotia® Credit Card Cheque and cash-like transactions).

Other Benefits

    - Visa payWave
    - My Mobile Wallet
    - Special Discounts on AVIS Car Rentals
    - Scotia Credit Card Protection (optional)
    *See terms and conditions of the card for other benefits

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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