Illustration, not the actual card design.
Scotiabank · Cash back · Business card
Scotia Momentum for business Visa
Annual fee
$79
Welcome offer
Bonus cash back
Market
Canada · CAD
Biggest part of the offer: Get 5% back on your first $6,500 of purchases in your first 3 months (includes your regular cash back).
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Year 1
$181
+$260 welcome bonus
+$0 yearly credits
−$79 fee
Year 2
−$79
Costs $79 a year until your spending covers it.
Every year after
−$79
Costs $79 a year until your spending covers it.
Plus 5 benefits with no fixed dollar value, like Avis and Budget rental discount, Emergency Medical Insurance and Rental Car Collision Damage Insurance. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 9, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
Ends Oct 31, 2026. Not available if you have, or in the past 2 years had, any Scotiabank business credit card as primary or additional cardholder, including if you switch from one. Scotiabank personal cardholders can still qualify.
- 1Get 5% back on your first $6,500 of purchases in your first 3 months (includes your regular cash back)$260 backYear 1
Not guaranteed. Welcome offers and bonuses are at the card issuer's discretion, and can change or end at any time.
What it earns
Cash back, straight onto your statement.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| Subscriptions | 3% back | 3¢ |
| Dining & Restaurants | 3% back | 3¢ |
| Gas & Fuel | 3% back | 3¢ |
| Office Supplies | 3% back | 3¢ |
| Recurring Bills | 3% back | 3¢ |
| Shipping | 2% back | 2¢ |
| Everything else | 1% back | 1¢ |
What else you get
Perks
- Avis and Budget rental discount
Up to 25% off base rates at participating Avis and Budget locations in Canada and the U.S.
Insurance
- Emergency Medical Insurance
Travel emergency medical up to $1 million, first 8 days of a trip, travellers under 65
- Rental Car Collision Damage Insurance
Damage or theft of a rental car, rentals up to 48 days, vehicles up to $65,000
- Purchase Protection
New items covered against theft, loss or damage for 90 days
- Extended Warranty
Doubles the manufacturer's warranty, up to 1 extra year
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by Scotiabank. Card and program names belong to their owners.
Details last checked Oct 9, 2026.