Scotia Momentum No-Fee VISA Card

Scotia Momentum® No-Fee VISA* Card

Card Features

  • Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases)Plus get a 0.00% introductory interest rate on balance transfers for the first 6 months (22.99% after that, annual fee $0)Offer ends 30 April 2023.
  • Earn 1% cash back on all eligible gas stations, grocery stores, drug stores purchases and recurring payments.
  • Earn 0.5% cash back on all other eligible purchases.

Interest Rates

Purchase APR: 19.99%

Balance Transfer APR: 22.99%

Cash Advance APR: 22.99%

Annual Fee

$0

Pros

  • Bash back with no annual fee
  • Earn 1% cash back on recurring bills

Cons

  • Cash back paid yearly as statement credit or deposited in Scotia bank account

Bonus Offer

Earn 5% cash back on all purchases for the first 3 months

Introductory Rates

0.00% introductory interest rate on balance transfers for the first 6 months

Reward Earnings Rate

1% cash back in select categories and 0.5% everywhere else

Additional Details

Grace Period: 21 Days

Minimum Credit Limit: $500

Fees

Balance Transfer Fee: $5

Cash Advance Fee: $5

Foreign Transaction Fee: 2.5%

Over Credit Limit Fee: $29