Scotia Momentum No-Fee Visa Card (for students)
Get 5% cash back on up to $2,000 in purchases in the first 3 months.
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📋Card Overview
🎁Welcome Bonus & Eligibility
Welcome Offer
For your first three months, you'll get 5% Cash Back on up to $2,000 in eligible purchases.
Eligibility Requirements
Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switched to an existing Scotiabank personal credit card are not eligible for the Offer
✨Key Card Features
- You will earn 1% Cash Back on eligible Purchases on your Account at Grocery
- Gas Stations
- Electric Vehicle Charging (EV)
- Transit
- Rideshare
- Food Delivery
🏆Rewards Program
Cash back
Earn rewards on every purchase with the Cash back program. Redeem for travel, merchandise, gift cards, or statement credits.
👤Who Can Apply?
Residency
Canadian residents
Eligibility
Minimum income $12K/yr
🤔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
- •Anyone looking for a generous welcome bonus
❌ 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
- +Generous welcome bonus: Get 5% cash back on up to $2,000 in purchases in the first 3 months.
- +Cash back rewards program
- +Free additional cards
Cons
- No major drawbacks identified
🏆Our Verdict
The Scotia Momentum No-Fee Visa Card (for students) is an excellent choice for those seeking a no-annual-fee card with solid rewards. The welcome bonus adds immediate value. 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 No-Fee Visa Card (for students)?
The Scotia Momentum No-Fee Visa Card (for students) has an annual fee of $0. No Annual Fee.
What are the interest rates for the Scotia Momentum No-Fee Visa Card (for students)?
The purchase interest rate is 19.99% and the cash advance rate is 22.99%.
Who can apply for the Scotia Momentum No-Fee Visa Card (for students)?
Minimum income $12K/yr
What welcome bonus does the Scotia Momentum No-Fee Visa Card (for students) offer?
For your first three months, you'll get 5% Cash Back on up to $2,000 in eligible purchases.
Is the Scotia Momentum No-Fee Visa Card (for students) worth it?
The Scotia Momentum No-Fee Visa Card (for students) is a great no-annual-fee option. The welcome bonus of Get 5% cash back on up to $2,000 in purchases in the first 3 months. adds significant value. The Cash back program offers flexibility for redemptions.
