Home / Browse / Scotia Momentum for business Visa* Card
VISA
Scotiabank
Scotiabank · Visa

Scotia Momentum for business Visa* Card

Strong cash back Cash BackBusiness
3.5
★★★☆☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on Scotiabank's own website.
Welcome value
est. first-year value
Annual fee
$79
per year
Purchase interest
20.99%
on carried balances
Rewards type
cashback
on eligible spend
3% value on gas & transit
Your top earn category
🛡️
4 insurance coverages
Built-in protection

Rewards

Base earn rate1% cash back on all other everyday purchases
Welcome bonus5% cash back on first $6,500 in eligible purchases within first 3 months, plus 2.99% introductory balance transfer rate for 6 months
Rewards typecashback

Fees & rates

Annual fee$79
Additional card$29
Purchase interest rate20.99%
Cash advance rate22.99%
Foreign transaction fee2.5% (typical)

Standout perks

Shell Go+ fuel benefit: instant 3/L discount on fuel purchases at participating Shell locations in Canada
3/L instant discount (up to 1,000 litres per month)
Earn 3/L in cash back value on fuel purchases at gas stations
3/L cash back (part of 3% category earn rate)
Visa payWave contactless payment for quick, easy payments on everyday purchases
Click to Pay secure online checkout technology
Visa SavingsEdge automated discount program offering discounts from participating merchants
Scotia SelectPay allows converting eligible purchases of $100 or more into fixed monthly installment payments
Visa Spend Clarity for Business web-based expense tracking and management tool with customizable reporting and accounting software integration

Everyday features

📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security

Insurance coverage

🛡️

travel medical

up to $1,000,000

🛡️

rental car

actual cash value of vehicle

🛡️

purchase protection

up to $60,000 maximum lifetime liability

🛡️

extended warranty

up to $60,000 maximum lifetime liability

Eligibility

Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident