Scotia Momentum ® Visa ® Cash Back credit card full review
Discover the multitude of advantages and gain insights on the application process for the Scotia Momentum® Visa credit card right here! It's an efficient and straightforward procedure.
Discover the Benefits of the Scotia Momentum ® Visa ® Cash Back Credit Card
If you’re in search of a credit card that not only allows you to make purchases but also rewards you with benefits like points or cash back, then the Scotia Momentum ® Visa ® Cash Back credit card is what you need. With this credit card, you can earn money while you shop.
Explore the benefits provided by the Scotia Momentum ® Visa ® Cash Back credit card and learn how you can obtain this credit card to add it to your wallet. Stop wasting time and read on to determine if this credit card is the perfect fit for you.
Know the Fees Associated with the Scotia Momentum ® Visa ® Cash Back Credit Card
The yearly fee for the Scotia Momentum ® Visa ® Cash Back credit card is $39, which is a reasonable amount compared to fees charged by similar credit cards. The interest rate for purchases is 19.99%, while cash advances, balance transfers, Scotia credit card checks, and cash-like transactions will have an interest rate of 22.99%. Supplementary cards come with an additional annual fee of $15 per card per year. Foreign transactions incur a fee of 2.5%, which is 0.5% lower than other credit cards in the same category. For the first six months after purchase, you’ll enjoy a 0% interest rate on balance transfers before the regular rate of 22.99% applies.
The Scotia Momentum ® Visa ® Cash Back credit card stands out from its competitors due to its reasonable fees that either match or are below market rates.
How Does the Scotia Momentum ® Visa ® Cash Back Credit Card Work?
The Scotia Momentum ® Visa ® Cash Back credit card operates on a cash back system that rewards you for all your purchases. The percentage of cash back you receive may vary depending on the eligible category in which you use your credit card.
Additionally, new cardholders of the Scotia Momentum ® Visa ® Cash Back credit card are entitled to a bonus that includes fee exemptions, making it even more attractive to acquire this credit card as you can experience it without paying any fees.
Insurance Benefits of the Scotia Momentum ® Visa ® Cash Back Credit Card
As a Scotia Momentum ® Visa ® Cash Back credit card holder, you can enjoy extended warranty coverage for eligible purchases for up to 1 year. Moreover, you can benefit from $500 purchase protection for 90 days from the date of purchase.
Discover the Benefits of the Scotia Momentum ® Visa ® Cash Back Credit Card
As mentioned earlier, the Scotia Momentum ® Visa ® Cash Back credit card offers new cardholders an introductory 0% interest rate on balance transfers for the first six months of use. Furthermore, you’ll have access to a cash back system that allows you to save money on all your purchases.
When you use your Scotia Momentum ® Visa ® Cash Back credit card for eligible gas station fuel purchases, drugstore purchases, recurring bill payments, and supermarket shopping, you’ll earn 2% cash back on every $1 spent. For all other qualifying purchases, you’ll receive 1% cash back per transaction.
How to Apply for the Scotia Momentum ® Visa ® Cash Back Credit Card
If you’re interested in applying for the Scotia Momentum ® Visa ® Cash Back credit card, you can find a step-by-step guide in a dedicated article. Click the button below to access the article and learn how to obtain this credit card.
Click here to learn how to apply for the Scotia Momentum ® Visa ® Cash Back credit card.
