Scotiabank · Visa
Scotia Momentum No-Fee Visa Card
Balance transfer · Cash back
Welcome offer
Verified · Oct 4Up to $100 cash back
Earn 5% cash back on all purchases in the first 3 months, on up to $2,000 in spending (up to $100). Also a 0.99% balance transfer rate for the first 9 months.
- Minimum spend
- $2,000 in 3 months
- Apply by
- Not stated
The Scotiabank page shows two account-opening deadlines that do not match, so I do not state a deadline.
Checked on October 4, 2026. See the source page
See this card on the issuer's website ↗Fees and requirements
- Annual fee
- No annual fee
- Foreign transaction fee
- 2.5%
- Purchase rate
- 20.99%
- Cash advance rate
- 22.99%
- Income requirement
- Personal $12,000 or Household $12,000
- Costco in store
- Not accepted (Costco takes only Mastercard in store)
Fees and rates were imported on September 6, 2026, and the annual fee has been checked.
Welcome offer history
I have tracked this card's welcome offer since October 4, 2026, and it has not changed. Each time it changes, the old offer will be struck through and kept here.
- Now · Checked October 4, 2026Up to $100 cash backSpend $2,000 in 3 months · No annual fee
Rewards
What each category earns
| Category | Earn per $1 |
|---|---|
| Groceries | 1% |
| Dining and delivery | 0.5% |
| Gas and EV charging | 1% |
| Recurring bills | 1% |
| Transit | 1% |
| Drugstores | 1% |
| Travel | 0.5% |
| Entertainment | 0.5% |
| Phone and internet | 0.5% |
| Streaming | 1% |
| Online shopping | 0.5% |
| Convenience stores | 0.5% |
| Office supplies | 0.5% |
| Other spending | 0.5% |
High-return categories usually have a monthly or annual cap, and issuers exclude some merchants. Imported on September 6, 2026, not checked line by line.