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Scotiabank
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Scotia Momentum Visa Card

VISA

Cash back on everyday spending

Scotia Momentum Visa Card

Annual fee $49Purchase APR 20.99%
Apply on Scotiabank

Why get this card

  • Earn 2% on grocery and recurring bill payments

Earn rates

  • grocery and recurring bill payments2%

    up to $25,000 annual spend limit

  • gas and daily transit2%

    up to $25,000 annual spend limit

  • all other purchases1%

Welcome offer

No welcome offer captured.

Fees

Annual fee
$49
Additional card
$15
Foreign transaction fee

Interest rates

Purchase APR
20.99%
Cash advance APR
22.99%
Balance transfer APR
Grace period
Rate effective date

Benefits & insurance

Lounge access
Insurance coverages
2
  • New Mobile Device Insurance
  • Creditor Insurance

Redemption & eligibility

Reward currency
Cash Back
Redemption options
Transfer partners
Min. personal income
Min. household income

Compare with similar cards

Frequently asked

Is the Scotia Momentum Visa Card worth it?
It carries a $49 annual fee. Earn 2% on grocery and recurring bill payments. Compare it against similar cards below before deciding.
What is the annual fee and interest rate on the Scotia Momentum Visa Card?
The annual fee is $49. The purchase interest rate is 20.99% and the cash advance rate is 22.99%. These are sourced from Scotiabank's official page.
What rewards does the Scotia Momentum Visa Card earn?
It earns up to 2% on grocery and recurring bill payments, in Cash Back. See the full earn-rate breakdown above.

Official sources

Every figure on this page comes from Scotiabank's own pages. Last checked 2026-06-13.