Scotiabank Momentum No-Fee Visa Card
Scotiabank
Annual fee
CA$0
Rewards rate
1%-0.5%
Welcome Bonus
10% cash back for 3 months
Apply Now →on Scotiabank's website
- 10%Cash back on all purchases for the first 3 months
- 1%Cash back on groceries, gas, transit, and recurring payments
- 0.5%Cash back on other purchases
Welcome Bonus:
Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).
Reward Rate:
Earn 1% cash back on groceries, gas, transit, and recurring payments, and 0.5% on other purchases.
The Scotiabank Momentum No-Fee Visa Card is an excellent option for individuals seeking to maximize cash back on daily essentials without the burden of an annual fee.
Pros:
- No annual fee
- High cash back rate for first 3 months
Cons:
- Higher interest rates
- Limited cash back categories
The Scotiabank Momentum No-Fee Visa Card is a suitable choice for consumers who want to earn cash back on everyday purchases without incurring an annual fee. Its straightforward rewards structure and introductory cash back offer may appeal particularly to those who prioritize cost-effectiveness in their credit card use.