Card Details

Bank Name: Scotiabank
Network Type: VISA
Card Type: Personal
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (4)


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


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

Recommended Credit Score

Average to Excellent (670-900)

Scotia Momentum® No-Fee Visa* Card Review

Welcome Bonus:
Special Offer:
7.99% introductory interest rate on everyday purchases for the first 6 months (19.99% after that)
Apply Now On Scotiabank's Secure Website
Scotia Momentum® No-Fee Visa* Card snapshot

Scotia Momentum® No-Fee Visa* Card Review

Great reasons to get this card for your everyday purchases

Gas Stations


Grocery Stores


Drug Stores


Recurring Bill Payments


Plus earn 0.5% cash back on all other eligible purchases.

Scotia Momentum® No-Fee Visa* Card Rewards
Scotia Momentum® No-Fee Visa* Card Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
Scotia Momentum® No-Fee Visa* Card User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

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


Other Recommended Credit Cards


Save on car rentals

As a Scotia Momentum No-Fee Visa 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 No-Fee Visa card.

Save time at the checkout

Tap your Scotia Momentum? No-Fee Visa* Card or your smartphone for quick easy payments.

Get a Supplementary Card

Add an additional Supplementary Cardholder to your Scotia Momentum? No-Fee Visa* Card Account. One account, multiple cards. Added benefits! Get an additional card for a friend or family member.


Editor`s Review:

The Scotia Momentum® No-Fee Visa* Card is a convenient card that can be accessed by anyone, even by new residents of Canada who have no credit history. This no-fee card gives you some amazing offers, including a 7.99% introductory interest rate for the first 6 months. After this initial period, you'll pay around 19.99% interest.


This card gives you 1% on all eligible purchases, including groceries, gas, bill payments and drugs. The minimum credit limit is $500, so you can quickly request $1,000 in the first month and only pay back $79 in interest.


This card from Scotiabank is an excellent addition to any Canadian resident who wants a steady rate on their regular purchases without having to pay an annual fee. You can earn cashback effortlessly on hydro, phone payments or monthly rent.


Of course, you can also use the Scotia Momentum® No-Fee Visa* Card to save up to 25% on car rentals. Order a supplementary card for free and enable your spouse or partner to save their own 1% when going to the store, when travelling by car or when paying the monthly bills.

Apply Now On Scotiabank's Secure Website

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Author Bio

Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.