Scotia Momentum No-Fee Visa Card 2026 Review

Annual fee
CA$0
Rewards rate
1%-0.5%
Welcome Bonus
5% cash back
Apply Now →on Scotiabank's website

  • 1%Cash back on gas, groceries, drug store purchases, and recurring bills
  • 0.5%Cash back on all other purchases

Welcome Bonus:

Earn 5% cash back on all purchases for the first 3 months, up to a total spend of CA$2,000.

Reward Rate:

Earn up to 1% cash back on gas, groceries, drug store purchases, and recurring bills.

The Scotia Momentum No-Fee Visa Card shines for its straightforward cash back rewards and a strong introductory offer, making it an excellent choice for those looking to earn rewards without an annual fee.

Pros:

  • No annual fee
  • Strong introductory offer

Cons:

  • Lower cash back on non-category purchases
  • Limited rewards structure
Apply now →

The Scotia Momentum No-Fee Visa Card is well-suited for individuals seeking a no-cost option that offers a simple cash back rewards structure, particularly those who will benefit from the initial welcome bonus. Its lack of an annual fee makes it appealing for budget-conscious consumers who prioritize straightforward rewards over complex program features.

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