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.: (4.2)


Annual Fee: $39
Additional Card Fee: $15
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® Visa* Card Review

Welcome Bonus:
Special Offer:
2.99% introductory interest rate on balance transfers for the first 6 months
Apply Now On Scotiabank's Secure Website
Scotia Momentum® Visa* Card snapshot

Scotia Momentum® Visa* Card review

Great reasons to get this card for your everyday purchases

Gas Stations


Grocery Stores


Drug Stores


Recurring Bill Payments


Plus earn 1% cash back on all other eligible purchases.

Scotia Momentum® Visa* Card Rewards
Scotia Momentum® 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® 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 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 Visa card.

Purchase Security & Extended Warranty Protection

Most items purchased with your card are insured against theft, loss, or damage for 90 days from the purchase date and the manufacturer?s warranty is doubled for up to one yea


Editor`s Review:

The Scotia Momentum® Visa* Card can be considered much better than its counterpart, the Scotia Momentum® Mastercard® * Credit Card. However, it also requires you to pay a $39 annual fee. This card gives you 2% back on all your purchases, which includes gas stations, purchases, recurring bill payments and drug stores.


If you apply by July 1, 2020, Scotiabank is willing to make you a totally unique offer. Basically, you'll get a 2.99% introductory rate on all balance transfers + zero balance transfer fee. You can use this card to pay off your debt and improve your credit score.


If you're a big spender on groceries, gas and other daily purchases, then this card can suit you perfectly. With it, you also gain free insurance against theft, damage or loss, for 90 days after purchasing any product.


The perks of the Scotia Momentum® Visa* Card include:


- Get a discount of up to 25% for car rentals

- Pay quickly by integrating the card with Apply Pay, Visa PayWave and Visa Checkout

- Enjoy world-class customer service thanks to VISA integration

- Free supplementary card for one of your friends or family members

- Optional protection for your finances, critical illness, accidents or loss of life

Apply Now On Scotiabank's Secure Website

Already have this credit card? Tell us what you think

Click on the user reviews tab above to leave a review


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.