Credit Cards

Scotia Momentum® Visa credit card full review

Can you imagine earning cash back on eligible purchases at your everyday expenses in Canada? Keep reading to learn all about the Scotia Momentum® Visa credit card!

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by Aline Augusto

Published on 12/04/2021

Scotia Momentum® Visa credit card

Scotia Momentum® Visa credit card full review. Source: Scotiabank®.
Scotia Momentum® Visa credit card full review. Source: Scotiabank®.

If you are looking for a credit card full of perks and rewards, then you have to check out our Scotia Momentum® Visa card review!

So, the Scotia Bank features this rewarding card, and you can earn up to 2% cash back on eligible purchases and more. 

Also, it offers an introductory APR of 2.99% on balance transfers for the first six months. And, it gives you purchase security and extended warranty protection.

And all of that with a reasonable annual fee. See the details right below.

Credit ScoreGood – Excelent
Annual Fee$39
Regular APRFrom 19.99% to 22.99%
Welcome bonusNone 
RewardsUp to 2% cash back
Logo Scotiabank fundo branco

How to apply for a Scotia Momentum® Visa card?

Scotia Momentum® Visa credit card gives you cash back, protection, warranty, and more, with low fees. Check out how to apply for it!

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How does the Scotia Momentum® Visa credit card work?

This Visa card provides simplicity and convenience to your routine. If that is something you search for, then this credit card might be the one for you.

You can get an introductory APR and cash back up to 2% on eligible purchases by applying for this card.

Also, it charges a reasonable annual fee of $39. Considering all the benefits its fee is quite low.

Plus, the regular APR varies from 19.99% to 22.99% on purchases and balance transfers. 

Finally, it provides you with a $500 minimum credit limit.

Scotia Momentum® Visa card benefits

See what are the benefits of Scotia Momentum® Visa credit card. Source: Pixabay.
See what are the benefits of Scotia Momentum® Visa credit card. Source: Pixabay.

Scotiabank features a card that mixes convenience and agility in your routine. The Scotia Momentum® Visa card gives you cash back on eligible purchases, protection, and low fees.

On the other hand, it requires at least a good credit score for the application. So, check out a list of its pros and cons below.

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Pros

  • Reasonable annual fee and regular APR considering the benefits
  • Intro APR
  • Up to 2% cash back on eligible purchases
  • Purchase Security
  • Extended Warranty Protection

Cons

  • Annual fee
  • Cash back is applied only on eligible purchases
  • Requires at least a good credit score

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How good does your credit score need to be?

If you live in Canada and have at least a 650 credit score, you may apply for this credit card.

How to apply for a Scotia Momentum® Visa credit card?

You can apply for a Scotia Momentum® Visa card by phone, in person, or online. So, check out now how to apply for it and get cash back and more!

Logo Scotiabank fundo branco

How to apply for a Scotia Momentum® Visa card?

Scotia Momentum® Visa credit card gives you cash back, protection, warranty, and more, with low fees. 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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