Scotiabank Value Visa Card (for students)
Get a 0.99% promotional interest rate on balance transfers for your first 9 months with a 2% balance transfer fee. Plus, pay no annual fee during your first year.
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📋Card Overview
🎁Welcome Bonus & Eligibility
Welcome Offer
0.99% promotional interest rate on balance transfers for the first 9 months with a 2% balance transfer fee.
Eligibility Requirements
N/A
✨Key Card Features
- Low Interest Rate: 13.99% APR on purchases
- cash advances
- and balance transfers.
🏆Rewards Program
N/A
Earn rewards on every purchase with the N/A program. Redeem for travel, merchandise, gift cards, or statement credits.
👤Who Can Apply?
Residency
Canadian residents
Eligibility
Canadian citizen or permanent resident. Must have reached the age of majority in your province or territory. Generally requires a steady income to qualify, often recommended to have at least $12,000/year, though student accounts may have flexibility. Primarily designed for students looking to build credit.
🤔Is This Card Right For You?
✅ This card is great for:
- •People who want N/A rewards
- •Anyone looking for a generous welcome bonus
❌ Look elsewhere if:
- •You want a no-annual-fee card
- •You don't spend enough to justify the rewards structure
- •You prefer a different rewards program
⚖️Pros & Cons
Pros
- +Generous welcome bonus: Get a 0.99% promotional interest rate on balance transfers for your first 9 months with a 2% balance transfer fee. Plus, pay no annual fee during your first year.
- +Free additional cards
Cons
- −Limited premium benefits for the annual fee
🏆Our Verdict
The Scotiabank Value Visa Card (for students) offers a balanced mix of rewards and benefits for the $29 annual fee. The welcome bonus helps justify the first-year cost. Consider your spending habits to determine if this card aligns with your financial goals.
Apply on Issuer Site❓Frequently Asked Questions
What is the annual fee for the Scotiabank Value Visa Card (for students)?
The Scotiabank Value Visa Card (for students) has an annual fee of $29. First-year fee is waived with special offer.
What are the interest rates for the Scotiabank Value Visa Card (for students)?
The purchase interest rate is 13.99% and the cash advance rate is 13.99%.
Who can apply for the Scotiabank Value Visa Card (for students)?
Canadian citizen or permanent resident. Must have reached the age of majority in your province or territory. Generally requires a steady income to qualify, often recommended to have at least $12,000/year, though student accounts may have flexibility. Primarily designed for students looking to build credit.
What welcome bonus does the Scotiabank Value Visa Card (for students) offer?
0.99% promotional interest rate on balance transfers for the first 9 months with a 2% balance transfer fee.
Is the Scotiabank Value Visa Card (for students) worth it?
The Scotiabank Value Visa Card (for students) is worth considering if you can maximize its rewards. The welcome bonus of Get a 0.99% promotional interest rate on balance transfers for your first 9 months with a 2% balance transfer fee. Plus, pay no annual fee during your first year. adds significant value. The N/A program offers flexibility for redemptions.
