Scotia Momentum® No-Fee Visa* Card

Scotia Momentum® No-Fee Visa* Card

2.9/5

5% Cash back (up to $2,000 in purchases)

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Scotia Momentum® No-Fee Visa* Card
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$55

Scotia Momentum® No-Fee Visa* Card
Review

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$55 Cash Rebate From FinlyWealth

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Rebate + 25% Referral Bonus

Take advantage of Finly's exclusive rebate offer. Earn even more by sharing your unique referral link for a 25% bonus. Learn more about the Finly referral program.


    Card Details

    Based on $2,000 spending

    First Year Value


    $312.53

    $157.53 in years after

    Annual Rewards

    $157.53

    First Year Bonus

    $100

    Finly Rebate

    $55

    Annual Fee

    $0

    First Year Value

    $312.53

    $157.53 in years after

    Interest Rates


    Purchase: 19.99%

    Cash Advance: 22.99%

    Balance Transfer: 22.99%

    Promotional Rates


    Balance Transfer: 0

    Promotional Period: 6 months

    Annual Fee


    $0

    Annual Income


    Personal: $12,000

    Household: N/A

    Credit Score Estimate


    300
    Poor
    560
    Fair
    660
    Good
    725
    Very Good
    760
    Excellent

    Welcome Bonus


    Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). Plus, get a 0% introductory interest rate on balance transfers for the first 6 months (2% fee per cash advance, 22.99% after that; annual fee $0)

    Card & Reward Type


    Card Type: Credit

    Reward Type: Cash Back

    Our Rating


    2.9/5

    Institution


    Scotiabank

    Rewards


    • 1% cash back on gas, groceries, drug store and recurring payments
    • 0.5% cash back on all other credit card purchases (unlimited).

    Insurance & Benefits


    No insurance coverage information available for this card.


    Benefits

    Details

    • car rental

      Car Rental Discount

      25% off base rate of Avis Rent A Car and Budget Rent A Car

    Pros & Cons


    Pros

    • No Annual Fee: Enjoy cash back rewards without any annual cost.
    • Welcome Offer: Get 5% cash back on purchases for the first three months (up to $100).
    • Cash Back Rewards: Earn up to 1% cash back in select categories.

    Cons

    • Lower Earn Rate: Offers a below-average cash back rate compared to other cards.
    • Annual Redemption: Cash back can only be redeemed once per year.
    • Lacks Insurance Coverage: No travel or consumer insurance, including purchase protection and extended warranty.

    See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information. Check here for full details and current product information.
    Rewards Calculator

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