Scotia Momentum® Visa* Card Review
Apply Now lock
Recommended Credit Score:
670 900
Average to Excellent
Welcome Bonus Value
Annual Fee
Purchase Interest Rate
Min Personal Required
Scotia Momentum®  Visa* Card
Apply Now
My Rate Compass Rating: star star star star star_outline (4.2)
Bank Name:Scotiabank
Network Type:VISA
Scotia Momentum® Visa* Card
Welcome Bonus
Annual Fee
Scotia Momentum®  Visa* Card
Card Details

Scotia Momentum® Visa* Card review

Get a 2.99% introductory interest rate on purchases and balance transfers for the first 6 months
(19.99% on purchases/22.99% on cash advances including balance transfers after that; annual fee $39).

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.

Rates, fees and other information are effective as of Mar 1, 2021. Subject to change.

  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) Yes
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance No
  • Vehicule rental insurance No
  • Travel accident insurance No
  • Travel medical insurance No
Fees and Eligibility
  • 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:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star star star_outline (4.2)
Rating Methodology: 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. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons

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 February 28, 2022, Scotiabank is willing to make you a totally unique offer. Basically, you'll get a 2.99% introductory interest rate on purchases and balance transfers for the first 6 months. 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