Scotia Momentum No-Fee Visa
Skip for nowWhat the roles mean
- A no-fee backup Visa: 1% cash back on groceries, gas, transit, drugstores, food delivery and recurring bills
Welcome offer now
Earn 5% cash back on the first $2,000 in eligible purchases in the first 3 months (≈$100 max bonus) + 0.99% intro interest on balance transfers for 9 months.
Ends November 1, 2026.
Checked on Scotiabank's own page November 2, 2026. See Scotiabank's page
What it earns in a year
$225 back a year
No annual fee to take off.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Groceries (First $15,000 a year, shared with 5 other categories): 1% back.
- Gas / EV (First $15,000 a year, shared with 5 other categories): 1% back.
- Transit (First $15,000 a year, shared with 5 other categories): 1% back.
- Bills & subscriptions (First $15,000 a year, shared with 5 other categories): 1% back.
- Drugstore / pharmacy (First $15,000 a year, shared with 5 other categories): 1% back.
- Rent and tax (Was 1% back until October 21, 2026): 0.5% back.
- Everything else: 0.5% back.
Highlighted = use this card here.
How to apply for the Scotia Momentum No-Fee Visa
Check first
- Bonus not for recent Scotia cardholders: you can't get it if you held any Scotiabank personal credit card in the past 2 years
- Check you qualify Income: $12,000 personal. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on Scotiabank's own site Apply online from the bank's product page, where the offer above is shown. This isn't an affiliate link: we earn nothing if you apply.Apply on Scotiabank's site →
- After you're approved Put the spending needed for the welcome offer on the card before the deadline, and pay the full balance every month.
How to use it
- Groceries, gas, EV charging, transit, rideshare, drugstores, food delivery, recurring bills: 1%, on the first $15,000 a year combined
- Restaurants and everything else: use another card. This one pays 0.5%
- Rent and tax: 0.5% since October 22, 2026 (was 1%). Pay them with another card
- Redeem: any time from $25
- Example: $800/month groceries + $250 gas + $300 bills = $16,200 a year: 1% on $15,000 + 0.5% on the rest = $156 a year
Key facts
- Annual fee
- $0
- Purchase interest
- 20.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- $12,000
- Min. household income
- None published
- Rewards
- Cash back
Annual fee waiver
- No annual fee
From scotiabank.com product page, checked October 17, 2026. Not an affiliate link.
More Scotiabank cards
Pros
- No annual fee, and $0 for additional cards
- 1% on most everyday categories
- Cash back, redeem any time from $25, never expires while the account is open
- Year one: 5% back on the first $2,000 in 3 months (about $100). Open by November 1, 2026
- Year one: 0.99% on balance transfers for 9 months (2% transfer fee)
Cons
- 1% stops after $15,000 a year combined, then 0.5%
- 0.5% on restaurants and everything else
- Rent and tax earn only 0.5% since October 22, 2026 (was 1%)
- No insurance of any kind
- 2.5% on foreign-currency purchases
- No welcome offer if you held a Scotiabank personal card in the past 2 years
Insurance included
- None
Maximums as Scotiabank lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Shell: up to 6¢/litre in value (link Scene+ and Shell Go+)
- Avis and Budget: up to 25% off
- Scotia SelectPay: split purchases of $100+ into instalments, no plan fee
Other cards for groceries
Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.
| Card | Earns on groceries | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $960 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 6× points | $576 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 5% back | $480 | $149 | October 21, 2026 |
| National Bank World Elite Mastercard | 5× points | $480 | $150 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 4% back | $384 | $100 | October 23, 2026 |
| SimplyCash Preferred | 4% back | $384 | $120 | October 21, 2026 |
| Scotia Momentum No-Fee Visa | 1% back≈ 0.9% in value | $88 | $0 | November 2, 2026 |
Other cards for bills & subscriptions
Back a year on $3,600 of bills & subscriptions, caps included. Points at best-case value. Before annual fees.
| Card | Earns on bills & subscriptions | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Scotia Momentum Visa Infinite | 4% back | $144 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 4% back | $144 | $149 | October 21, 2026 |
| Rogers Red World Elite | 2% back≈ 3.0% in value | $108 | $0 | October 21, 2026 |
| TD Cash Back Visa Infinite | 3% back | $108 | $139 | October 21, 2026 |
| Rogers Red World Legend | 2% back≈ 3.0% in value | $108 | $495 | October 23, 2026 |
| Marriott Bonvoy American Express | 2× points≈ 2.8% in value | $101 | $120 | October 21, 2026 |
| Scotia Momentum No-Fee Visa | 1% back≈ 0.9% in value | $33 | $0 | November 2, 2026 |
How the offer has changed
One row per check of Scotiabank's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| November 2, 2026 | Unchanged: 5% cash back on the first $2,000 in purchases in 3 months (about $100), plus 0.99% intro rate on balance transfers for 9 months (2% fee, min $5). Open the account July 2, 2026 → November 1, 2026Offer window ended November 1, 2026, but on November 2, 2026 the bank's page still advertises this same offer with the same dates; no replacement or extension published. Page text identical to October 21, 2026. Still stated two ways: the "About the offer" box shows Oct 31, 2025 → Apr 30, 2026, footnote 1 shows Jul 2 → Nov 1, 2026 | $0 | November 1, 2026 |
| October 23, 2026 | Unchanged (terms page re-checked for the October 22, 2026 rent and tax change)Terms re-checked: since October 22, 2026, rent and tax payments are excluded from Recurring Bill Payments in the terms body (banner gone); they now earn 0.5%. Offer not re-captured (last confirmed October 21, 2026) | $0 | November 1, 2026 |
| October 21, 2026 | Unchanged: 5% cash back on the first $2,000 in purchases in 3 months (about $100), plus 0.99% intro rate on balance transfers for 9 months (2% fee, min $5). Open the account July 2, 2026 → November 1, 2026Unchanged; the "About the offer" box still shows the stale Oct 31, 2025 → Apr 30, 2026 dates. Terms page still announces rent and tax leaving the 1% tier on October 22, 2026 | $0 | November 1, 2026 |
| October 17, 2026 | 5% cash back on the first $2,000 in purchases in 3 months (about $100), plus 0.99% intro rate on balance transfers for 9 months (2% fee, min $5). Open the account July 2, 2026 → November 1, 2026Was 10% on the first $2,000 plus 0% balance transfers for 6 months. Dates are from footnote 1; the page's "About the offer" box still shows Oct 31, 2025 → Apr 30, 2026. New 2-year Scotiabank-cardholder exclusion. Terms page still announces rent and tax leaving the 1% tier on October 22, 2026 | $0 | November 1, 2026 |
General information, not financial advice. Offers change; confirm on Scotiabank's page before you apply.