Scotia Momentum No-Fee Visa Card Review
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Discover a smart, simple way to pay for your purchases with the Scotia Momentum No-Fee Visa Card.
Get a 7.99% introductory interest rate on all eligible purchases for the first 6 months. Apply by July 1, 2020.7.99% intro APR for the first 6 months, 19.99% thereafter
Purchase Interest Rate
$0
Annual Fee
Details
| Product Name | Scotia Momentum No-Fee Visa Card |
|---|---|
| Reward | Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases. |
| Welcome Offer | Get a 7.99% introductory interest rate on all eligible purchases for the first 6 months. Apply by July 1, 2020. |
| Purchase Interest Rate | 7.99% intro APR for the first 6 months, 19.99% thereafter |
| Cash Advance Rate | 22.99% |
| Balance Transfer Rate | 7.99% for the first 6 months (then 19.99%) |
| Interest Free Period | Up to 21 days |
| Minimum Credit Limit | $500 |
| Go to site More Info |
30-second take
- Get this card if you want a fee-free card that offers cash back on daily purchases.
- Choose something else if you’re looking for a targeted rewards program or would like more cashback rewards.
The basics
If you’re on a budget and are looking for a fee-free card that gives you a decent return on your daily and recurring purchases, then this card could be just the ticket.
- No annual fee. Provides no annual fee on principal and supplementary cardholders.
- Cash back. Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.
- Welcome offer. Get a 7.99% introductory interest rate on all eligible purchases for the first 6 months. Apply by July 1, 2020.
The perks
- Quick pay. Pay for purchases in a flash when you use Visa payWave, My Mobile Wallet, Visa Checkout and Apple Pay.
- Save on car rentals. Get up to a 25% discount at participating Budget and AVIS car rental locations in Canada and the US.
- World class service. Reach out to customer service 24/7 by phone, e-mail or online form. Use this service to report cards missing or stolen, request additional cards, file complaints or resolve issues by speaking directly to an agent.
What to watch out for
- Low cash back rewards. This card offers less cash back than other Scotiabank offerings.
What should I know before I apply
How to apply
- Click Go to site on this page to be securely directed to your Scotia Momentum No-Fee Visa Card application.
- Read through the Disclosure Statement details and click Accept & Continue.
- Complete the application with details that include your name, email address, social insurance number and birth date.
- Review and submit your application.
Bottom line
The Scotia Momentum No-Fee Visa Card offers a zero-fee cash back rewards program for those who are looking to make a bit of pocket change on everyday purchases. If you’re looking to get more bang for your buck, then you might like to pay an annual fee to bump up to either the Scotia Momentum Visa or Visa Infinite Card for a 2% or 4% cashback rate on purchases.
Frequently asked questions about the Scotia Momentum No-Fee Visa Card
Pictures: scotiabank.com/ca