Scotia Momentum® Visa* Card to Your Comparison Table Your Comparison Table (need to be logged in) Full Comparison Summary
Get a 2.99% introductory interest rate on on purchases and balance transfers for the first 6 months.
(19.99% on purchases/22.99% on cash advances including balance transfers after that; annual fee $39)
Offer valid November 1, 2024 - October 31, 2025.
FEATURES
Earn 2% cashback for every $1 you spend at eligible gas stations, grocery store, drug store purchases and recurring bill payments*.
Earn 1% cashback on all other eligible cashback purchases*.
Rates, fees, offers and other information are effective as of November 1, 2024. Subject to change.
Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are also eligible for the Offer.
* See Card Provider's website and Card Application for complete card details, terms, conditions and current offers. Reasonable efforts are made to maintain accuracy of information.
Annual Card Fee:
$39
Credit Score:
660
Extra Card Fee:
$15
Purchase Interest Rate:
19.99%
Minimum Personal Income:
$12,000
Balance Transfer Interest Rate:
22.99%
Minimum Household Income:
N/A
Cash Advance Interest Rate:
22.99%
Get a 2.99% introductory interest rate on on purchases and balance transfers for the first 6 months.
(19.99% on purchases/22.99% on cash advances including balance transfers after that; annual fee $39)
Offer valid November 1, 2024 - October 31, 2025.
FEATURES
Earn 2% cashback for every $1 you spend at eligible gas stations, grocery store, drug store purchases and recurring bill payments*.
Earn 1% cashback on all other eligible cashback purchases*.
Rates, fees, offers and other information are effective as of November 1, 2024. Subject to change.
Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are also eligible for the Offer.
Annual Card Fee:
$39
Credit Score:
660
Extra Card Fee:
$15
Purchase Interest Rate:
19.99%
Minimum Personal Income:
$12,000
Balance Transfer Interest Rate:
22.99%
Minimum Household Income:
N/A
Cash Advance Interest Rate:
22.99%
* See Card Provider's website and Card Application for complete card details, terms, conditions and current offers. Reasonable efforts are made to maintain accuracy of information.
Part 1: Scotia Momentum® Visa* Card Cash Back Value per Canadian Dollar
All Purchases: 1 Cash Back Dollar = $ 1 CAD when redeemed as a statement credit.
Part 2: Scotia Momentum® Visa* Card Cash Back Value per 100 Canadian Dollars
All Purchases: 100 Cash Back Dollars = $ 100 CAD
Part 3: Summary for Best Value
To maximize the value from the Scotia Momentum® Visa* Card:
Redeem for Statement Credits: The cash back you earn is applied as a statement credit, providing a direct dollar-for-dollar value.
Concentrate on High-Reward Categories: Spend in categories where you earn higher cash back rates to increase your earnings.
Use for Balance Transfers: Take advantage of any introductory balance transfer offers to save on interest, effectively increasing the card's overall value.
Offset Annual Fee: Ensure your cash back earnings exceed the card's annual fee to make it a net positive in your wallet.
Part 4: Scotia Momentum® Visa* Card Cash Back Earned per $ 1000 Spending by Category
Gas, Grocery, Drugstore Purchases, and Recurring Payments: 20 Cash Back Dollars per $ 1,000 spent (2% cash back).
All Other Eligible Purchases: 10 Cash Back Dollars per $ 1,000 spent (1% cash back).
NOTE : The value conversions may not be up to date. Please calculate your own conversion to Canadian dollars to ensure accuracy.
★ Conditions and Exemptions
Cash back Rebates will be paid by Great Canadian Rebates under the following rules:
1. Applicants must apply through an online link from Great Canadian Rebates.
2. Rebates are for applications started and approved online.
3. DO NOT leave the application before completing. This includes browsing elsewhere.
4. If application session expires, a new session must be started. Start over by clicking on the link from Great Canadian Rebates.
5. Activation of the Card by the cardholder.
6. Cashback may end at any time and is at the discretion of the GCR and only available to Great Canadian Rebates members.
7. Cashback is not valid to repeat cardholders with the same card.
8. Cash Back Rebate is from GCR and will be posted to your GCR account upon card approval.
NOTE: You must reply to GCR within 3 months from application date to report a missing rebate, otherwise the rebate is void.
Get 25% Referral Bonus Get paid in cash 25% of all cash back rebates all your referrals collect
Great Canadian Rebates works in partnership with over 900 well known merchants. These outlets already offer great deals and savings, you save even more when you shop online as a member here. Once you register, you can save through Cash Back Rebates and even more using our coupons, deals, discounts and sales links.
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