Scotia Momentum Mastercard credit card
Affiliate Disclosure: We may receive compensation when you click on links to products from our partners. This helps us provide free comparison tools and content. Our editorial opinions are independent of any compensation we receive. This link takes you to Scotiabank's website where you can complete your application.
📋Card Overview
✨Key Card Features
- You will earn 1% cash back on net purchases made with your eligible Scotia Momentum Mastercard credit card at gas stations
- grocery stores and drug stores as classified by Mastercard (Merchant Codes: 5411
- 5541
- 5542 & 5912). You will earn 0.5% cash back on all other eligible purchases made with your Scotia Momentum Mastercard credit card.
🏆Rewards Program
Cash back
Earn rewards on every purchase with the Cash back program. Redeem for travel, merchandise, gift cards, or statement credits.
Video Review
Loading video...
Watch our detailed video review for the full breakdown and honest opinions
👤Who Can Apply?
Residency
Canadian residents
Eligibility
Must meet issuer credit and income requirements
🤔Is This Card Right For You?
✅ This card is great for:
- •People who want Cash back rewards
- •Those who want rewards without paying an annual fee
❌ Look elsewhere if:
- •You don't spend enough to justify the rewards structure
- •You prefer a different rewards program
⚖️Pros & Cons
Pros
- +No annual fee
- +Cash back rewards program
- +Free additional cards
Cons
- −High interest rate (20.99%)
- −No welcome bonus offer currently available
🏆Our Verdict
The Scotia Momentum Mastercard credit card is an excellent choice for those seeking a no-annual-fee card with solid rewards. Ideal for everyday spending without the commitment of an annual fee.
Apply on Issuer Site❓Frequently Asked Questions
What is the annual fee for the Scotia Momentum Mastercard credit card?
The Scotia Momentum Mastercard credit card has an annual fee of $0. No Annual Fee.
What are the interest rates for the Scotia Momentum Mastercard credit card?
The purchase interest rate is 20.99% and the cash advance rate is 22.99%.
Who can apply for the Scotia Momentum Mastercard credit card?
The Scotia Momentum Mastercard credit card is available to Canadian residents who meet the issuer's eligibility requirements.
What welcome bonus does the Scotia Momentum Mastercard credit card offer?
The Scotia Momentum Mastercard credit card offers competitive rewards through the Cash back program.
Is the Scotia Momentum Mastercard credit card worth it?
The Scotia Momentum Mastercard credit card is a great no-annual-fee option. The Cash back program offers flexibility for redemptions.
