Earn 2 times the cash rewards on everyday essential purchases like gas, groceries, and bills with this low fee card.

Annual Fee
$39
Extra Card Fee
$15
Card Type
Credit
Purchase
19.99%
Cash Advance
22.99%
Balance Transfer
22.99%
Balance Transfer
2.99%
Transfer Term
6 months
Personal Income
$12,000
Household Income
N/A
Canadian resident who has reached the provincial age of majority.
Extended Warranty 1 year
Purchase Protection 90 days

Please review your insurance certificate for details, exclusions and limitations of your coverage.

If we find your match, we’ll give you up to $25 when you refer your friends.*

Our Review

The Scotia Momentum Visa offers more rewards than most other cash back cards with an annual fee under $50. Any low fee card that can get you more than 1% cash back on your purchases stands out among it's competitors, and this card is no exception.

You get 2% cash back on 4 different spending categories:

  • Gas,
  • groceries,
  • drugstores purchases, and
  • recurring bills.

So, if most of your monthly budget is spent in those 4 places, this card could earn you some serious rewards. (Tip: For an even better idea of your net annual rewards, use our calculator and enter your spending breakdown.)

You'll also get double the manufacturer's warranty on your purchases for up to 1 year. And if you buy something and it gets lost, stolen or damaged within 90 days, this card's protection insurance will cover that as well

Throw in a nice 20% discount at Avis Rent-A-Car locations worldwide, and that sums up this card.

Although it's not the greatest insurance package and there aren't many frills or much prestige that comes along with this card, if you are looking for a cash back card that has a low annual fee and a nice high return rate, this card could be the card for you.

Pairs well with...