Scotiabank Momentum No-Fee Visa 2026 Review

Annual fee
CA$0
Rewards rate
10%-1%
Welcome Bonus
CA$200
Apply Now →on Scotiabank's website

  • 10%Cash back on all purchases for the first 3 months
  • 1%Cash back on eligible purchases thereafter

Welcome Bonus:

Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).

Reward Rate:

Earn 10% cash back for the first 3 months, then 1% on eligible purchases.

The standout feature of the Scotiabank Momentum No-Fee Visa is its generous introductory offer of 10% cash back on all purchases for the first three months. This makes it an excellent choice for new cardholders looking to maximize their rewards quickly.

Pros:

  • No annual fee
  • High introductory cash back rate

Cons:

  • Limited time offer
  • Lower cash back rate after introductory period
Apply now →

The Scotiabank Momentum No-Fee Visa is well-suited for individuals seeking a no-annual-fee credit card that offers a strong introductory cash back rate, particularly for those who plan to make significant purchases within the first three months. Its straightforward rewards structure and lack of fees make it a practical option for budget-conscious consumers looking to earn rewards without incurring additional costs.

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