Illustration, not the actual card design.
Scotiabank · Cash back
Scotia Momentum Visa
Annual fee
$49
Market
Canada · CAD
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Every year
−$49
Costs $49 a year until your spending covers it.
Plus 3 benefits with no fixed dollar value, like Avis and Budget rental discount, Purchase Protection and Extended Warranty. 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
No welcome offer right now. Offers come and go; the rates below are what this card earns every day.
What it earns
Cash back, straight onto your statement.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| SubscriptionsUp to $25,000/yr of spend | 2% back | 2¢ |
| Gas & FuelUp to $25,000/yr of spend | 2% back | 2¢ |
| TransitUp to $25,000/yr of spend | 2% back | 2¢ |
| Recurring BillsUp to $25,000/yr of spend | 2% back | 2¢ |
| GroceriesUp to $25,000/yr of spend | 2% back | 2¢ |
| StreamingUp to $25,000/yr of spend | 2% back | 2¢ |
| Drugstore & PharmacyUp to $25,000/yr of spend | 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
- 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.