Scotiabank · Visa · Business card
Scotia Momentum for business Visa Card
Cash back
Welcome offer
Not verified yet5% back on your first $6,500 in spending for the first 3 months
Earn 5% back on your first $6,500 in spending in the first 3 months, with the extra amount arriving within about 7 months of opening the account. Also includes a 2.99% balance transfer rate for 6 months with no fee.
- Minimum spend
- —
- Apply by
- October 31, 2026
The apply-by date on the issuer's site (October 31, 2026) has passed. This is what I saw on October 11, 2026, and it needs to be checked again.
This card's data was imported on September 6, 2026 and has not been checked against the issuer's page yet. Check the issuer's website before you apply.
See this card on the issuer's website ↗Fees and requirements
- Annual fee
- $79
- Foreign transaction fee
- 2.5%
- Purchase rate
- 20.99%
- Cash advance rate
- 22.99%
- Income requirement
- Not stated
- Costco in store
- Not accepted (Costco takes only Mastercard in store)
Fees and rates were imported on September 6, 2026.
Rewards
What each category earns
| Category | Earn per $1 |
|---|---|
| Groceries | 1% |
| Dining and delivery | 3% |
| Gas and EV charging | 3% |
| Recurring bills | 3% |
| Transit | 1% |
| Drugstores | 1% |
| Travel | 1% |
| Entertainment | 1% |
| Phone and internet | 1% |
| Streaming | 1% |
| Online shopping | 1% |
| Convenience stores | 1% |
| Office supplies | 3% |
| Other spending | 1% |
High-return categories usually have a monthly or annual cap, and issuers exclude some merchants. Imported on September 6, 2026, not checked line by line.
Included insurance
- Travel medical
- Included
- Travel medical (age 54 and under)
- 8 day(s)
- Travel medical (age 64 and under)
- 3 day(s)
- Travel medical (age 65 and over)
- 3 day(s)
- Rental car collision
- $65,000, 48 day(s)
- Extended warranty
- 1 year
- Purchase protection
- 90 day(s)
Coverage amounts and number of days are as stated in the certificate of insurance.