This card is no longer offered by the provider
No-Fee Scotiabank Value® Visa* Card review
Save up to hundreds of dollars a year
Save with the combination of a low interest rate and no annual fee it could add up to hundreds a year!
3.99% introductory interest rate on balance transfers for the first 6 months (16.99% after that)
Pay down higher interest rates balances faster
Stay one step ahead of your balance a lower interest rate makes this card an affordable way to finance those medium to large purchases you are making.
Transfer higher rate balances and save even more
Switch balances over from higher interest-rate credit cards to the No-Fee Scotiabank Value Visa Card. By consolidating your higher rate balances, you'll save on interest and make paying bills easier.
- Priority airport services No
- Airport lounge access No
- Concierge service No
- Balance protection(Optional) Yes
- Purchase Security & Extended Protection Insurance NO
- Flight delay insurance,Baggage Insurance No
- Vehicle rental insurance No
- Travel accident insurance No
- Travel medical insurance No
- Annual Fee: $0
- Additional Card Fee: $0
- Purchases Interest Rate: 16.99%
- Cash Advance Interest Rate: 16.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
Low interest rates
Save on car rentals
As a No-FeeScotiabank ValueVisa Cardholder, you can save up to 25% off base rates at participatingAVIS locations and at participating Budget locations inCanada and the U.S. when you pay with your No-FeeScotiabank ValueVisa card.
Tap your No-Fee Scotiabank Value Visa Card or your smartphone for quick easy payments.
Your finances can have added protection from some of life's unpredictable events, like disability, job loss, strike or lockout, critical illness or loss of life.
The Value® Visa* Card from Scotiabank is a balance-transfer card that comes with an excellent offer, allowing you to get a 3.99% interest rate on your balance transfers within the first 6 months. After this initial period, you'll get a 16.99% interest rate, which is much better than the average 21.99% on the market.
This unique card comes with an attractive 0$ annual fee, various car rental discounts, and enjoy additional perks. This card allows you to switch your balance over from higher-interest cards to it. This enables you to quickly consolidate your higher rate balance, improve your credit score and pay your bills easier.
Because of the lower interest rate, you can use this card to finance those medium to large purchases. You can save hundreds of dollars a year with the No-Fee Scotiabank Value® Visa* Card and pay your balances faster.
This card is perfect for any Canadian who wants to save money on the interest rate, especially during the first 6 months that comes with an unbeatable rate of 3.99% interest rate. If you factor in the fact that this card is free of charge and comes with a free complimentary card, then the Scotiabank Value® Visa* Card should become your favourite credit card in 2020.
Offer Description and Conditions: The introductory 3.99% interest rate applies only to cash advances (including balance transfers, Scotia? Credit Card Cheques and cash-like transactions) (collectively ?Cash Advances?) subject to the conditions below (the ?Offer?). This rate applies when the new Scotiabank credit card account (?Account?) is opened by March 1, 2020 and will continue for 6 months from date of Account opening (the ?Promotional Period?). This Offer cannot be used to transfer a balance from another Scotiabank Account, or to make a payment or deposit to another Scotiabank Account. After the Promotional Period, the 3.99% interest rate on any promotional balance transfers (including any that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on Cash Advances (currently 16.99%). If you don?t pay the minimum payment on your Account by the payment due date on your statement, two times in any consecutive 12-month period, you will lose the benefit of this promotional rate Offer and the interest rates that apply on any unpaid balance will increase to the standard annual interest rates that apply to your Account (currently 24.99% on purchases and 27.99% on Cash Advances).
Payment Allocation: In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account. We group charges based on the interest rate that applies to the group of charges. Your payment cannot be applied to the balance(s) of your choice. See your credit card agreement for more information about how we apply payments to your Account.
A Balance Transfer fee of 0% of the amount of each Balance Transfer transferred during the Promotional Period applies to this Offer.
Rates and Fees: There is currently no annual fee for the primary card and no fee for each additional supplementary card.
The current preferred annual interest rates for the Account are: 16.99% on purchases and 16.99% on Cash Advances.
All rates, fees, features and benefits are subject to change. Offers may be changed, cancelled or extended and cannot be combined with any other offers.