wealthgeist
Cash back · Mastercard
Scotia Momentum Mastercard
Cash back without an annual fee. Compare the earn rates and conditions with where you shop.
- Annual fee
- $0
- Foreign transaction fee
- 2.5%
- Purchase APR
- 20.99%
Free · No account needed
Sources checked View 5 sources
You prefer cash back and spend at merchants that qualify for the listed rates.
A different card may earn more at your usual stores. Interest can outweigh rewards if you carry a balance.
Your estimate
See the rewards after fees, based on where you actually shop.
Your spending is ready to use.
Calculate with my spendingAn estimate, not a guarantee. Approval is up to the issuer.
Rewards
Current rates. Conditions and limits matter as much as the headline number.
- Eligible grocery store purchases (1%)Source
- 1% cash back
- Eligible gas station purchases (1%)Source
- 1% cash back
- Eligible drugstore purchases (1%)Source
- 1% cash back
- Eligible recurring bill payments (1%)Source
- 1% cash back
- All other eligible purchases (0.5%)Source
- 0.5% cash back
Merchant coding and eligibility determine the rate. Rates do not add together unless the issuer explicitly allows it.
Using your rewards
Redemption value depends on how you use your rewards. Check the issuer’s redemption terms before comparing points with cash.
Welcome offer
We haven’t included a verified welcome offer in this estimate. That doesn’t mean no promotion is available. Check the issuer’s current offer and eligibility conditions.
Check issuer offers ↗Fees and eligibility
Paying interest can outweigh the rewards you earn.
- Annual fee
- $0
- Additional card
- $0
- Purchase interest rate
- 20.99%
- Cash advance interest rate
- 22.99%
- Foreign transaction fee
- 2.5%
Who can apply?
- Minimum income
- No minimum stated
Meeting published income criteria does not guarantee approval. Other eligibility conditions and fees may apply.
Read the issuer’s full terms ↗More fees and conditions
Benefits
Value the benefits you will use—not every advertised perk.
Card benefits
Save up to 25% on base car rental rates at participating Avis and Budget locations
Terms
Similar cards
Related reward programs and fees—not a ranking for your spending.
Common questions
Is Scotia Momentum Mastercard worth the annual fee?
There’s no annual fee, but another card may reward your spending more. Use your spending to compare the ongoing value after fees.
Does this card charge a foreign transaction fee?
The published foreign transaction fee is 2.5%. Exchange rates and other applicable charges can still affect your cost. See the issuer’s terms.
How does WealthGeist calculate my estimate?
We match eligible spending to each card’s reward rules, account for spending limits and subtract fees. You can check the breakdown and adjust assumptions. Welcome offers and ongoing rewards are shown separately.
How we compareSources
Card terms and last checked dates
- itools-ioutils.fcac-acfc.gc.ca · SearchFilter eng.aspx ↗Regulator · Checked Sep 2, 2026
- scotiabank.com · Momentum Mastercard Eng Ekit ↗Issuer source · Checked Sep 9, 2026
- scotiabank.com · momentum card ↗Issuer source · Checked Sep 9, 2026
- scotiabank.com · rates and fees ↗Issuer source · Checked Sep 4, 2026
- scotiabank.com · credit cards ↗Issuer source · Checked Sep 4, 2026
Page updated Sep 8, 2026. Card terms were last checked on the dates above.
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