wealthgeist
Cash back · Visa
Scotia Momentum Visa Card
Cash back on eligible spending. Compare the earn rates and conditions with where you shop.
- Annual fee
- $49
- Foreign transaction fee
- 2.5%
- Purchase APR
- 20.99%
Free · No account needed
Card details reviewed
You prefer cash back and spend at merchants that qualify for the listed rates.
Extra rewards and benefits need to outweigh the annual fee. Interest can outweigh rewards if you carry a balance.
Your estimate
See the rewards after fees, based on where you actually shop.
Your spending is ready to use.
Calculate with my spendingAn estimate, not a guarantee. Approval is up to the issuer.
Rewards
Current rates. Conditions and limits matter as much as the headline number.
- local_transport earn rate
- 2% cash back
Limit: $25,000 in eligible spending per calendar year, shared across qualifying reward categories; then 1%.
- recurring_payments earn rate
- 2% cash back
Limit: $25,000 in eligible spending per calendar year, shared across qualifying reward categories; then 1%.
- groceries earn rate
- 2% cash back
Limit: $25,000 in eligible spending per calendar year, shared across qualifying reward categories; then 1%.
- streaming_services earn rate
- 2% cash back
Limit: $25,000 in eligible spending per calendar year, shared across qualifying reward categories; then 1%.
- gas_stations earn rate
- 2% cash back
Limit: $25,000 in eligible spending per calendar year, shared across qualifying reward categories; then 1%.
- Base earn rate
- 1% cash back
Merchant coding and eligibility determine the rate. Rates do not add together unless the issuer explicitly allows it.
Using your rewards
Redemption value depends on how you use your rewards. Check the issuer’s redemption terms before comparing points with cash.
Welcome offer
We haven’t included a verified welcome offer in this estimate. That doesn’t mean no promotion is available. Check the issuer’s current offer and eligibility conditions.
Fees and eligibility
Paying interest can outweigh the rewards you earn.
- Annual fee
- $49
- Additional card
- $0
- Purchase interest rate
- 20.99%
- Cash advance interest rate
- 22.99%
- Foreign transaction fee
- 2.5%
Who can apply?
- Personal income
- $12,000
- Household income
- $12,000
Meeting published income criteria does not guarantee approval. Other eligibility conditions and fees may apply.
Benefits
Value the benefits you will use—not every advertised perk.
Card benefits
Check the issuer’s benefit guide for the full list.
Similar cards
Related reward programs and fees—not a ranking for your spending.
Common questions
Is Scotia Momentum Visa Card worth the annual fee?
It depends on whether the extra rewards and benefits you actually use outweigh the $49 annual fee. Use your spending to compare the ongoing value after fees.
Does this card charge a foreign transaction fee?
The published foreign transaction fee is 2.5%. Exchange rates and other applicable charges can still affect your cost. See the issuer’s terms.
How does WealthGeist calculate my estimate?
We match eligible spending to each card’s reward rules, account for spending limits and subtract fees. You can check the breakdown and adjust assumptions. Welcome offers and ongoing rewards are shown separately.
How we compare