The Scotia Momentum Visa is Scotiabank’’s no-annual-fee entry point into the Momentum cash back family. It is a straightforward Visa card for Canadians who want a basic cash back product without committing to a fee.
Quick Verdict
Best for: people looking for a no-fee Scotiabank cash back card.
Not ideal for: households that can qualify for the Momentum Visa Infinite and want stronger earn rates.
Key Card Details
| Feature | Detail |
|---|---|
| Annual fee | $0 |
| Purchase interest rate | 20.99% |
| Cash advance rate | 22.99% |
| Foreign transaction fee | 2.5% |
| Income requirement | None stated |
| Network | Visa |
| Rewards | Cash back |
Verify current terms and earn rates at scotiabank.com before applying.
Where It Fits
This is an entry-level card meant for light to moderate spenders who want a Scotiabank cash back option and do not need premium category rates.
Alternatives
Bottom Line
The Scotia Momentum Visa is a simple no-fee cash back card. It is mainly useful as an entry point; if you can qualify for the Momentum Visa Infinite, that card is usually the better long-term pick.