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Scotia Momentum for Business Visa credit card full review

In this Scotia Momentum for Business Visa review, you will discover all the benefits of this credit card, such as cash back, insurance, and excellent credit limit!

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by Aline Augusto

Published on 03/10/2022

Scotia Momentum for Business Visa credit card

Find out what are the benefits of this card. Source: The Mister Finance.
Find out what are the benefits of this card. Source: The Mister Finance.

In this Scotia Momentum for Business Visa credit card review, you will discover all the fantastic benefits this service has to offer.

Scotia Momentum for Business Visa credit card review is a card made especially for businesses and entrepreneurs. It offers excellent benefits and rewards that make this card really stand out from others.

This is not an average credit card, as it also offers a bunch of services that can help you make grounded decisions that will allow your business to evolve and grow.

Check out all the features below:

Credit Score670 to 900 (from average to excellent)
Annual Fee$79
Regular APR2.99% introductory interest rate for the first 6 months and 22.99% after that
Welcome bonusNone 
RewardsEarn 3% cash back on gas, restaurant and office supply purchases, and on eligible recurring bill payments and 1% cash back on all other purchases made with the card
Scotiabank (logo) that features Scotia Momentum for Business Visa credit card

How to get a Scotia Momentum for Business card?

Earn cashback and rewards on purchases using Scotia Momentum for Business Visa credit card. Check out how to apply for it!

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How does the Scotia Momentum for Business Visa credit card work?

Scotia Momentum for Business Visa credit card offers cash back up to 3%, reward, and other benefits for your business purchases using this card.

The purchases made using the card will all be combined into one monthly report.

Scotia Momentum will also send you a tailored credit card to meet your business needs. 

Scotia Momentum for Business Visa card benefits

Keep reading our Scotia Momentum for Business Visa credit card review. Source: Pexels.
Keep reading our Scotia Momentum for Business Visa credit card review. Source: Pexels.

Learn now what are the benefits and drawbacks of this credit card!

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Pros

  • Cash back that can go up to 3%
  • Bonus of 25-day period of no interest-fee charging on new purchases
  • Travel and luggage insurance that can go to up to $1 million travel insurance
  • Introductory low balance transfer rates
  • Ideal for startups and business owners that want to expand their business
  • Digital banking transactions made online, meaning you can manage your bank account electronically
  • Great credit limit that can go up to $100k 
  • Great customer assistance and service

Cons

  • Only available for Canadian residents

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How good does your credit score need to be?

In order to apply for Scotia Momentum for Business Visa credit card, your credit score needs to be 670 to 900 (from average to excellent).

How to apply for Scotia Momentum for Business Visa credit card?

In order to apply for this card, there are a few qualification requirements, such as:

  • Be a Canadian resident
  • Have reached the age majority
  • Have a credit score from 670 to 900 (from average to excellent).

You can easily apply using tools according to your preference, whether by telephone, online on their website, or visit your nearest Scotiabank branch for further assistance.

The application process is quick and easy, can be completed in less than 10 minutes, and counts with a bank-level online security guarantee.

By providing some personal information and financial aspects, Scotia Momentum will send you a tailored credit card that attends to all your business needs.

So, check out a detailed step-by-step on how the application process works below!

Scotiabank (logo) that features Scotia Momentum for Business Visa credit card

How to get a Scotia Momentum for Business card?

Earn cashback and rewards on purchases using Scotia Momentum for Business Visa credit card. Check out how to apply for it!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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