- 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.
- Get up to 1% cash back on eligible purchases with no annual fee.
4.5 / 5.0 (23 votes)
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Information - Rates - Fees

Intro APR:
Applied Towards:
Balance Transfer
Intro Period:
6 months on BT*
Annual Fee:
Card Network:
Card Category:
Consumer (Regular)
Card Type:
Instant Decision
Reward Card
Credit Needed:
Grace Period:
See Terms*
Min Credit Line:
Late Payment Fee:
Over Limit Fee:

Balance Transfers

Balance Transfer:

Cash Advances

APR on Cash Advances (%):

Other Fees

Additional Fees
Foreign Currency Conversion: 2.5%
Dishonored Payment Fee: $48

CreditCardsLab is compensated by featured partners, but editorial opinions are our own.

Review by

Looking for cash back on things like gas, groceries and even prescriptions? What if you could earn cash back on your recurring monthly payments, too? Look no further than the ScotiaBank Momentum. Not only will you earn 1 percent cash back on qualifying purchases and one half of one percent on other qualifying purchases, but this is a no annual fee card.

Another great benefit that comes as part of this co-branded offer is My Wallet. Eligibility is easy and it's a faster, more convenient way of making those last minute, daily quick purchases. No worries about security, either. Your Visa card comes with the latest security technology, making it safer than carrying cash. It incorporates Near Field Communication (NFC) technology, which makes it possible for short range wireless communication between the merchant and your payment information. With the power of both ScotiaBank and Visa, you're covered. The Visa Zero Liability Policy and ScotiaBank's Mobile Security Guarantee adds additional layers of protection.

No annual fee, a great rewards program that offers cash back - even on your monthly (or other) recurring payments and the power of ScotiaBank and Visa in your wallet, what more could you want in a credit card? Be sure to review the terms and conditions and apply today.


Most attractive:
- No annual fee
- Cash Back rewards
- Intro rates on purchases
- Free rewards program
Least attractive:
- No bonus rewards

Rewards & Benefits

Reward Types:
CashBack Rewards
Gas Rewards
Universal Rewards
Reward Unit:
- 5% cash back on all purchases for the first 3 months
Yearly Limit:
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
Online Access:

*The information provided for Scotia Momentum® No-Fee Visa® Card is believed to be accurate at the time of evaluation (Dec 30, 2022). We strongly advise visitors to review the fees, terms and conditions to verify accuracy of the information posted prior to applying for the product.

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