Scotiabank Momentum No-Fee Visa Card
Scotiabank
- 10%Cash back on all purchases for the first 3 months
- 1%Cash back on gas, groceries, drugstores, transit, food delivery, and recurring bills
- 0.5%Cash back on all other eligible purchases
Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).
Earn 1% cash back on gas, groceries, drugstores, transit, food delivery, and recurring bills, plus 0.5% on all other eligible purchases.
This card excels with its generous introductory cash back offer, allowing new cardholders to earn 10% on all purchases for the first three months. Its no annual fee structure makes it an attractive option for those looking to maximize rewards without upfront costs.
Pros:
- No annual fee
- High cash back rate for the first 3 months
Cons:
- High purchase interest rate
- Limited ongoing rewards
The Scotiabank Momentum No-Fee Visa Card is well-suited for individuals seeking a no-cost credit card that offers a strong introductory cashback rate, particularly for those who anticipate making several purchases in the initial months. It is an ideal choice for budget-conscious consumers who want to earn rewards without the burden of an annual fee.