Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Mohamed Konate, My Rate CompassThe Scotiabank Momentum Business Visa helps business owners organize and track expenses with ease while rewarding them for everyday purchases. With up to 3% cash back and an introductory low balance transfer rate, this business credit card is ideal for startups with pre-existing debt and business ow...
- creditcardGeniusIt comes with 4 different types of insurance, giving you and your business extra security when making purchases for your business or while traveling. To top it off, the Scotia Momentum for Business Visa Card will give new cardholders an introductory balance transfer rate of 0.99% for 6 months. So if...
Interest Rates | |
---|---|
Regular APR Interest Rate | 19.99% |
Balance Transfer Interest Rate | 22.99% (2.99% for the first 6 months) |
Cash Advance Interest Rate | 22.99% |
Rates & Fees | |
Annual Fee | $79.00 |
Balance Transfer Fee | 5% |
Cash Advance Fee |
$5.00
|
Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
Over Limit Fee | $29.00 |
Late Payment Fee | $0.00 |
Promotions | |
Sign up bonus | No |
Rewards | |
All Purchases | 1% cash back |
Restaurants | 3% cash back (on first $50000 spent) |
Gas | 3% cash back (on first $50000 spent) |
Groceries | No |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills |
3% cash back (on first $50000 spent) On recurring payments |
Additional Details |
3% cash back (on first $50000 spent) on office supplies purchase |
Features & Benefits | |
Additional Card Holders |
$29 per year for each card |
Travel Accident Insurance | Yes |
Car Rental Insurance | Yes |
Car Rental Discount | No |
Extended Warranty | Yes |
Purchase Protection | Yes |
Zero Liability | No |
No Foreign Transaction Fees | No |
Emergency Assistance | No |
Concierge Service | No |
Price Protection | No |
Fraud Protection | No |
Free Credit Scores | No |
Wireless Payments | Paywave |
Virtual Cards | No |
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
Minimum Personal Income | |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
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