Earn 15% Cash Back on all purchases for the first 3 months (up to $2,000 in total purchases).1
Plus, get a 0% introductory interest rate on balance transfers for the first 12 months (2% fee per cash advance, 22.99% after that). And, no annual fee in the first year, including on additional cards.1
1 Offer Description and Conditions: The 15% Cash Back, Introductory 0% balance transfer rate offer and First Year Annual Fee Waiver (the “Offer”) applies only to new Scotia Momentum Visa Infinite + credit card accounts (“Accounts”) that are opened, and any additional Account cards issued, between May 1, 2026 and November 1, 2026 (regardless of the date you apply for the Account) subject to the conditions below.
We will waive the annual fee for the primary card and each additional card on the Account for the first year only.
All other terms and conditions of the Program Terms continue to apply during the Offer period. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
15% Cash Back Offer Description and Conditions: You will earn 15% Cash Back on the first $2,000 in eligible purchases you spend on your new Account within the first 3 months of the Account open date (the “Promotional Period”).
Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers and cash-like transactions), interest, fees or other charges. After the Promotional Period, you will earn regular Cash Back on eligible purchases at the regular cash back rate (the “Cash Back Program Rate”) described in the Cash Back Program Terms and Conditions (the “Program Terms”).
The 15% cash back rate for any category is made up of the sum of: (i) the regular Cash Back Program Rate (variable by categories as set out under the Program Terms); and (ii) a “Cash Back Bonus Rate”. Cash back earned under this Offer can be redeemed to your Account provided it is open and in good standing at the time of redemption:
1. Bonus Cash Back: The amount earned under the Cash Back Bonus Rate will be available for redemption to your Account after approximately 5 months from the Account open date in accordance with the regular Cash Back Program Terms.
2. Regular Cash Back: The amount earned under your regular Cash Back Program Rate Can be redeemed to your Account anytime for a minimum of $25 each time you request a redemption.
EXAMPLE: If the Regular Cash Back Program Rate for the Groceries and Recurring Payments category is 4% then the Cash Back Bonus Rate will be 11% for that category so that you will earn a total of 15% on the amount of all eligible everyday purchases in that category during the Promotional Period.
If you make $2,000 in eligible everyday purchases in the Groceries and Recurring Payments category, your cash back earnings will be as follows: (1) the Cash Back Bonus earnings of $220 (11% x $2,000) (shown as an adjustment in your monthly statements), and (2) the Regular Cash Back earnings of $80 (4% x $2,000) (shown in your monthly statements).
Introductory 0% Balance Transfer Rate Offer Description and Conditions: The Introductory 0% Balance Transfer Rate Offer (the “Rate Offer”) applies only to eligible cash advances (including balance transfers and cash-like transactions) (collectively “Cash Advances”) subject to the conditions below.
This introductory rate applies for 12 months from date of Account opening (the “Promotional Period”). After the Promotional Period, the promotional 0% interest rate on any Cash Advances (including any amount of those Cash Advances that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on Cash Advances (currently 22.99%).
A balance transfer fee of 2% of the amount of each Cash Advance transferred or made during the Promotional Period applies (minimum fee of $5.00).
This Rate Offer is subject to any Cash Advance limits on your Account.
This Offer is also subject to the approved credit limit that is being offered to you as of the date of this Offer.
This means if a balance transfer amount(s) requested exceeds your approved credit limit as of the date this Rate Offer was provided to you, it may not be processed.
This Rate Offer cannot be used for any Scotiabank account including to transfer a balance from another Scotiabank account, or to make a payment or deposit to another Scotiabank account.
Losing your promotional rate: If we don’t receive the minimum payment on your Account by the payment due date on your statement, two consecutive times , you will lose the benefit of this promotional Rate Offer and the interest rates that apply on any unpaid balance will increase to the standard annual interest rates that apply to your Account (currently 25.99% on purchases and 27.99% on Cash Advances).
All other terms and conditions of the Program Terms continue to apply during the Offer period.
How we apply payments:
For Quebec residents: In general, if you have different interest rate(s) that apply to your Account, we apply payments to transactions based on the interest rate(s) that applies to those transactions on your Account (from highest to lowest rates).
For non-Quebec residents: In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account.
We group charges based on the interest rate that applies to the group of charges.
Your payment cannot be applied to the balance(s) of your choice.
See your credit card agreement for more information about how we apply payments to your Account.
Annual Fee Waiver Offer Description and Conditions: We will waive the annual fee for the primary card and each additional card issued between May 1, 2026 and November 1, 2026 on the Account for the first year only.
Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for the Offer.
Subject to the above exclusions, Scotiabank small business credit cardholders are also eligible for the Offer.
By accepting this Offer you confirm you meet all Offer eligibility requirements.
We reserve the right to revoke this Offer at any time if we determine you do not meet the Offer eligibility requirements, including after you have accepted the Offer or been approved for the Account.
Rates and Fees: The current annual fee is $120 for the primary card and $50 for each additional card (including those issued to co-borrowers and supplementary cardholders).
The current preferred annual interest rates for the Account are: 20.99% on purchases and 22.99% on Cash Advances.
All rates, fees, features and benefits are outlined in the Application Disclosure Statement and are subject to change.
*Terms and conditions apply. See Card Provider’s website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
