With no annual fee and a lower interest rate, this card could help you get your finances in order.

Annual Fee
Extra Card Fee
Card Type
Cash Advance
Balance Transfer
Balance Transfer
Transfer Term
6 months
Personal Income
Household Income
Canadian resident who has reached the provincial age of majority.
If we find your match, we’ll give you up to $25 when you refer your friends.*

Our Review

If you’re looking for a simple card with no annual fee and a lower interest rate than most, the Scotiabank No-Fee Value Visa checks off both of those boxes.

With an interest rate of 16.99% on purchases and cash advances, if you don’t pay your credit card bill in full every month, you are sure to save some money with this card.

Perhaps you’re looking for a card that will help you to pay off the balance from another card. Well, the Scotiabank No-Fee Value Visa, for the first 6 months, gives you a balance transfer rate of 3.99% for six months – saving you even more money!

Like most Scotiabank cards, as an added bonus this No-Fee Value Visa also gives you a discount on car rentals. 25% at AVIS locations worldwide – a nice perk!

While this card doesn’t give you any rewards or insurance, if paying down debt and saving money on interest charges is your main concern, that could be something you are willing to overlook.

If 16.99% isn’t quite low enough for you, consider looking at the

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Featured In:

The Globe and Mail
Financial Post
New York Times