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Scotia Momentum No-Fee

Scotia Momentum No-Fee Visa Card

ScotiabankยทVisaยทScotia Cashbackยท๐Ÿ‡จ๐Ÿ‡ฆ Canada
Annual fee
No fee
Welcome bonus
None
Base earn rate
0.5% on everything
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Reward estimates are based on published earn rates and may vary. Butter may earn a referral fee when you apply through our links, including through partner networks. This never affects our recommendations, which are based on your spending data, not commissions. Butter provides information and tools, not financial advice.

Earn rates by category

๐Ÿ›’Groceries
1%
โ›ฝGas & Fuel
1%
๐Ÿ’ŠDrugstores & Pharmacy
1%
๐ŸšŒTransit & Rideshare
1%
๐Ÿฝ๏ธDining & Restaurants
1%
โšกRecurring Bills
1%
๐Ÿ’ณEverything else
0.5%

Card details

Annual feeNone
No foreign transaction feeโœ— No
Income required$12k personal
Point value100.0ยข/pt
NetworkVisa

Is this card right for you?

Scotiabank's no-fee cash back Visa: 2% on groceries and gas, 0.5% elsewhere โ€” a free cash back card for everyday category spending.

Where it wins
โœ“

Scotiabank clients who want free category cash back.

โœ“

Grocery/gas spenders wanting no fee.

Where it falls short
โœ•

Your spend is spread thin (0.5% base is low).

โœ•

You spend abroad (2.5% FX).

Watch-outs 0.5% base; value hinges on the 2% categories. ยท 2.5% FX fee.


Annual fee
$0
FX fee
2.5%
Income
None req.
Points worth
1:1 cash
Redeem for
Cash





Verified 2026-06-30 ยท confidence: mediumIssuer source โ†’
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Butter may earn a referral fee when you apply through our links, including through partner networks. This never affects our recommendations, which are based solely on your spending data, not commissions. Butter provides information and tools, not financial advice. Card details such as earn rates, fees and bonuses may change. Verify on issuer's site โ†’ Always confirm with the issuer before applying.