Scotia Momentum Visa Card
Scotiabank
Annual fee
CA$49
Rewards rate
2%-1%
Welcome Bonus
Earn up to 2% cash back on select categories, flexible redemption, and partner fuel savings.
Apply Now →on Scotiabank's website
- 2%Cash back on gas, groceries, drugstores, transit, food delivery, and recurring payments
- 1%Cash back on all other purchases
Welcome Bonus:
Earn up to 2% cash back on select categories, flexible redemption, and partner fuel savings.
Reward Rate:
The Scotia Momentum Visa Card earns cash back rewards on everyday spending.
This card shines for its cash back rewards structure, allowing users to earn significant returns on everyday spending, particularly in essential categories.
Pros:
- Cash back on everyday purchases
- Flexible redemption options
Cons:
- Annual fee of CA$49
- Higher interest rates
The Scotia Momentum Visa Card is well-suited for individuals who prioritize cash back rewards on their everyday purchases, especially those in essential spending categories like groceries and gas. With a reasonable annual fee, it offers a straightforward rewards structure that can benefit those who consistently spend in these areas, making it a practical choice for budget-conscious consumers.