My Rate Compass

Card Details

Bank Name: Scotiabank
Network Type: Mastercard
Card Type: Personal

Fees

Annual Fee: $0
Additional Card Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%

Eligibility

  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Poor / No Credit
Fair / Average
Good / Excellent

Scotia Momentum® Mastercard®*

Welcome Bonus:
Special Offer:
7.99% introductory interest rate on purchases for the first 6 months (19.99% after that)
Apply Now On Bank's Secure Website
 
Scotia Momentum® Mastercard®* snapshot

Scotia Momentum Mastercard Credit Card review

•7.99% introductory interest rate on purchases for the first 6 months (19.99% after that)

• Cash back on everyday spending with no annual fee

• 1% cash back on eligible gas station, grocery store and drug store purchases and recurring bill payments

• 0.5% cash back on all other eligible everyday purchases

• Rates, fees and other information are effective as of August 1, 2019. Subject to change.

Make everyday purchases quickly and safely with just a tap of your contactless-enabled Mastercard or device

Scotia Momentum® Mastercard®* Rewards
General cash back earn rate
1
Scotia Momentum® Mastercard®* Features
Priority airport services
No
Airport lounge access
No
Concierge service
No
Balance protection(Optional)
No
Purchase Security & Extended Protection Insurance
NO
Flight delay insurance,Baggage Insurance
No
Vehicule rental insurance
No
Travel accident insurance
No
Travel medical insurance
No
Scotia Momentum® Mastercard®* User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 0 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

Scotia Momentum® Mastercard®* FAQs
 

Advantages:

Save on Car rentals

As a Scotia Momentum Mastercard Cardholder, you can save up to 25% off base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S. when you pay with your Scotia Momentum Mastercard Credit Card.

Get Access to Exciting Experiences with Mastercard

As a Scotia Momentum Mastercard Credit Card cardholder, your card gives you access to handpicked experiences from Mastercard in cities around the world.

Costco Wholesale

Mastercard is the only credit card accepted at Costco warehouses in Canada.

 

Editor`s Review:

The Scotia Momentum® Mastercard® * Credit Card is a standard card that gives you a 19.99% interest rate on purchases and 22.99% on cash advances. It comes with no annual fee and gives you back 1% on all purchases.

 

However, what sets this product apart from the market is the 7.99% introductory interest rate for 6 months. If you apply for this card by July 1, 2020, you'll get one of the best interest rate possible, without paying a penny. This is simply marvellous, especially if you need extra money until you find a job.

 

This card, despite being without any cost, gives you some great perks and benefits. Here are some of them below:

 

- Gain access to handpicked Mastercard experiences in Canada

- Get a free supplementary card for your spouse, friend or family members

- Enjoy 24-hour access to the Mastercard Global Services

- Be able to purchase from Costco wholesale

- Save up to 25% on car rentals

- Zero liability protection: you'll not be held responsible for unauthorized purchases made with your card

- Get optional protection in the event of hospitalization, disability, loss of employment or death


Overall, it is a great credit card with a low promotional rate of 7.99% on purchases for the first 6 months.
The Scotia Momentum MasterCard Credit Card has an attractive low balance transfer promotion that may be appealing for people looking to pay off their debt.
This no-fee cashback credit card also has solid features enough to make it ideal for people who want to build their credit.
Apply Now On Bank's Secure Website

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