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Scotia Momentum Mastercard Review 2026: Is It Worth It in Canada?

Updated

The Scotia Momentum Mastercard is a basic no-fee cash back card in Scotiabank’’s lineup. It is a simple option for Canadians who want a Mastercard version of the Momentum branding without the annual fee or premium earnings.

Quick Verdict

Best for: cardholders who want a no-fee Scotiabank Mastercard.
Not ideal for: people who want stronger cash back rates or premium card benefits.

Key Card Details

FeatureDetail
Annual fee$0
Purchase interest rate20.99%
Cash advance rate22.99%
Foreign transaction fee2.5%
Income requirementNone stated
NetworkMastercard
RewardsCash back

Verify current terms and earn rates at scotiabank.com before applying.

Alternatives

Bottom Line

The Scotia Momentum Mastercard is a plain no-fee card meant for basic use. If you want the strongest cash back value inside Scotiabank, the Momentum Visa Infinite is the card to compare against.