Scotia Momentum No-Fee Visa Card for Students 2026 Review

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

  • 5%Cash back on all purchases for the first 3 months
  • 1%Cash back on all other purchases

Welcome Bonus:

5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).

Reward Rate:

5% cash back on all purchases for the first 3 months, then 1% on all other purchases.

What sets the Scotia Momentum No-Fee Visa Card apart is its generous 5% cash back on all purchases for the first three months, allowing students to maximize their rewards during their initial spending. This card is particularly appealing for those looking for a straightforward cash back option without an annual fee.

Pros:

  • No annual fee
  • High introductory cash back rate

Cons:

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

The Scotia Momentum No-Fee Visa Card for Students is well-suited for students who want to earn cash back on their everyday purchases without incurring an annual fee. With its attractive introductory reward rate, it offers a practical option for budget-conscious individuals seeking to build their credit while enjoying the benefits of a no-cost rewards program.

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