Scotia Momentum No-Fee Visa Card
VISACash back on everyday spending
Scotia Momentum No-Fee Visa Card
6.7Canada Cards ScoreGood5% cash back on up to $2,000 in eligible purchases for first 3 months + 0% intro balance transfer rate
Why get this card
- ✓No annual fee
- ✓Earn 1% on gas, grocery, drug stores and recurring bill payments
Pros
- +No annual fee
Cons
No notable downsides captured.
Earn rates
- gas, grocery, drug stores and recurring bill payments1%
up to $15,000 annual spend limit
- all other purchases0.5%
Welcome offer
5% cash back on up to $2,000 in eligible purchases for first 3 months + 0% intro balance transfer rate
- Bonus points
- —
- Minimum spend
- —
- Spend window
- 90 days
- Offer ends
- 2026-07-01
Earn 5% cash back on up to $2,000 in eligible purchases in first 3 months and an introductory 0% balance transfer rate; for accounts opened March 2, 2026 - July 1, 2026.
Fees
- Annual fee
- No fee
- Additional card
- No fee
- Foreign transaction fee
- —
Interest rates
- Purchase APR
- 20.99%
- Cash advance APR
- 22.99%
- Balance transfer APR
- —
- Grace period
- —
- Rate effective date
- —
Benefits & insurance
- Lounge access
- —
- Insurance coverages
- 2
- New Mobile Device Insurance
- Creditor Insurance
Redemption & eligibility
- Reward currency
- Cash Back
- Redemption options
- —
- Transfer partners
- —
- Min. personal income
- —
- Min. household income
- —
How we scored it
6.7Good- Everyday earn rateWeight 30
1% on gas, grocery, drug stores and recurring bill payments
- Welcome valueWeight 25
No current welcome offer
- Annual-fee valueWeight 20
No annual fee
- Benefits depthWeight 15
2 insurance coverages
- Interest costWeight 10
20.99% purchase APR
Our editorial rating, computed only from sourced figures. See the full methodology.
Compare with similar cards
Learn before you apply
Frequently asked
- Is the Scotia Momentum No-Fee Visa Card worth it?
- It carries a No fee annual fee. No annual fee. Compare it against similar cards below before deciding.
- What is the annual fee and interest rate on the Scotia Momentum No-Fee Visa Card?
- The annual fee is No fee. The purchase interest rate is 20.99% and the cash advance rate is 22.99%. These are sourced from Scotiabank's official page.
- What rewards does the Scotia Momentum No-Fee Visa Card earn?
- It earns up to 1% on gas, grocery, drug stores and recurring bill payments, in Cash Back. See the full earn-rate breakdown above.
- When does the Scotia Momentum No-Fee Visa Card welcome offer expire?
- The current welcome offer expires 2026-07-01. Check the issuer's page to confirm it is still available before applying.
More ways to compare
Official sources
Every figure on this page comes from Scotiabank's own pages. Last checked 2026-06-13.
Cited, never sponsored
Is this the right card for you?
See how it stacks up, or let the finder match you to the cards built for how you spend.