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Scotiabank
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Scotia Momentum Visa Card

VISA

Cash back on everyday spending

Scotia Momentum Visa Card

6.9Canada Cards ScoreGood
Annual fee $49Purchase APR 20.99%Verified 2026-06-13
Apply on Scotiabank

Why get this card

  • Earn 2% on grocery and recurring bill payments

Pros

No standout upsides captured.

Cons

  • -$49 annual fee

Earn rates

  • grocery and recurring bill payments2%

    up to $25,000 annual spend limit

  • gas and daily transit2%

    up to $25,000 annual spend limit

  • all other purchases1%

Welcome offer

No welcome offer captured.

Fees

Annual fee
$49
Additional card
$15
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

6.9Good
  • Everyday earn rateWeight 30

    2% on grocery and recurring bill payments

  • Welcome valueWeight 25

    No current welcome offer

  • Annual-fee valueWeight 20

    $49 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 Visa Card worth it?
It carries a $49 annual fee. Earn 2% on grocery and recurring bill payments. Compare it against similar cards below before deciding.
What is the annual fee and interest rate on the Scotia Momentum Visa Card?
The annual fee is $49. 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 Visa Card earn?
It earns up to 2% on grocery and recurring bill payments, in Cash Back. See the full earn-rate breakdown above.

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

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