Scotia Momentum Visa Card

Benefits & Cash Back Calculator
Review the benefits of the Scotia Momentum Visa Card and calculate how much cash back you can earn based on the spend amounts you enter.
Last Updated 2022-06-11

The Scotia Momentum Visa Card earns 2% cash back on the first $25,000 in annual combined gas, grocery, drugstore, and recurring bill payment purchases and 1% back on all other purchase. The card offers discounts when renting cars with Avis and Budget and shopping insurance.

Card Details At-A-Glance

Issued By
Annual Fee
Foreign Transaction Fee

Scotia Momentum Visa earning rates

All categories featured on the card earn at the bonus rate (2% cash back) on up to $25,000 in combined annual purchases. Once that cap is hit, you will earn at the normal rate of 1% cash back for the remainder of the year.

2% Gas Station

The Scotia Momentum Visa Card earns 2% cash back on gas station purchases.

2% Grocery

The Scotia Momentum Visa Card earns 2% cash back on grocery store and supermarket purchases.

2% Drugstore

The Scotia Momentum Visa Card earns 2% cash back on drugstore and pharmacy purchases.

2% Recurring Bill Payments

The Scotia Momentum Visa Card earns 2% cash back on recurring bill payments made to the card. Recurring payments are defined as payments made on a monthly or regular basis automatically billed by the merchant to your Scotia Momentum Visa card.

This will typically fall under telecommunication, insurance, membership, and subscriptions purchases.

1% Everything Else

All other purchases on the Scotia Momentum Visa Card earns 1% cash back.

Scotia Momentum Visa benefits

Avis and Budget Discounts

As a Scotiabank cardholder, you will save up to 25% off base rates at participating Avis and Budget locations in Canada and the U.S. when you pay with your Scotiabank credit card.

When booking through use Avis Worldwide Discount (AWD) number C231400 and when booking through use Budget Corporate Discount (BCD) number A363306.

Shopping Insurance

Scotia cash back calculator

Input your monthly and yearly spend amounts to estimate your earnings with the Scotia Momentum Visa card. Compare the results side by side up to two credit cards to find out which cards are best for you.

Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards.

Loading Calculator...
If the calculator doesn't load after a few seconds, click here to re-load calculator.