Learn more about ScotiaBank’s no-fee Credit Card and know how you can apply!
If you live in Canada and are looking for an entry-level card with no annual fees, the ScotiaBank Momentum No-Fee Mastercard Credit Card is a a perfect choice for you! It is a cash back credit card offered by Scotiabank made for young adults or newcomers who want to obtain a simple and secure payment method for everyday purchases, but also build a credit history without spending too much, and also being able to recieve money for spending.
This is just one of the many credit cards ScotiaBank offers for people who are actively looking for an option within many available ones out there. Want to learn more about this credit card? Keep reading and get to know its benefits and how to apply!
What are the benefits of the ScotiaBank Momentum Mastercard Credit Card?
- $0 annual fee;
- Free supplementary cards;
- 20.99% purchase APR;
- 22.99% cash advances and balance transfers;
- Up to 1% cash back;
- Up to 25% car rental discount at AVIS and Budget;
- 7.99% rate on purchases for the first 6 months;
- Minimum credit limit of $500;
- Zero Liability Protection by Mastercard;
- Worldwide acceptance by millions of merchants in 210 countries.
You can earn 1% cash back on all eligible gas station, grocery store, drug store purchases and recurring payments. All other spending attracts 0.50% cash back rate. That means you can get money back every time you use the card! Your reward accumulates each month, and is awarded at the end of each 12 month period and applied as a credit on your November account statement.
Is this Credit Card right for you?
✔️ – YES
- Want to obtain a convenient and secure payment method for everyday purchases, that can also help you to build your credit history if you make at least your minimum payments on time each month
- Want an interest free grace period on purchases
- Prefer to avoid annual fees
- Will be carrying an outstanding balance for a long period of time or using it for debt consolidation
- Don’t mind paying an annual fee to benefit from even more rewards & other benefits
How do I apply for the ScotiaBank Momentum Mastercard Credit Card?
To be eligible for this credit card, all you need is to have a minimal annual income of $12,000 in order to apply, be at least the age of majority and a Canadian resident with no bankruptcy in the past 7 years. Click on the button bellow and apply today!