Rated by the CreditCardGuru Editorial Team
Get a 0.99% introductory interest rate on balance transfers for the first 9 months (2% fee per cash advance; 22.99% after that; annual fee $39).
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
New 2% Cash Back earn category: You will earn 2% on all eligible purchases of Food Delivery.
New Cash Back Anytime feature: Redeem your cash back that you’ve earned whenever you need it, through the Scotia app or Scotia Online ($25.00 minimum redemption).
Rates, fees, offers and other information are effective as of July 2, 2026. Subject to change.
| Groceries | 2% |
| Gas stations | 2% |
| Recurring bill payments | 2% |
| Drugstore | 2% |
| Everything else | 1% |
Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but Scotiabank can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on Scotiabank's own website before you apply.
Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and Scotiabank's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.
This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.
How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.
CreditCardGuru is not affiliated with Scotiabank. Trademarks belong to their respective owners.
Written by
CreditCardGuru Editorial Team
Rewards & Cards Research
Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.
Cite this page
“Scotia Momentum® Visa* card Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/scotia-momentum-visa-card, updated August 19, 2026.
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