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ScotiaBank Credit Card Products Overview

By Chris Jackson


Scotiabank features a variety of credit cards, including low rate credit cards, no annual fee cards, student cards, reward credit cards, and others.

Scotiabank Cashback Credit Cards

Of the bank's cashback products, Scotia Momentum Visa Infinite is a prime option. This is a great choice for clients who want to get cash rebates and have an annual income of at least $60,000. Holders of the Scotia Momentum Visa Infinite get 4% cash rebates on purchases in grocery stores and gas stations, 2% back on purchases in drug stores, and 1% cash back on anything else. The card is featured with an interest rate of 19.99 percent and a rate of 21.99 percent applies to cash advances. There is an interest-free period of 21 days. The annual fee is $99.

The Scotia Momentum VISA card is good for those who want cash back on everyday purchases and who place emphasis on security and extended warranty protection. Holders get 2 percent cashback on purchases in drug stores, gas stations, and grocery stores, and 1 percent cashback on anything else charged to the card. The interest rates are 19.99% on purchases and 21.99% on cash advances and balance transfers. The annual fee is $39.00.

The Scotia Momentum No-Fee VISA card offers one percent on gas station and grocery store purchases and 0.5 percent on all others. The same interest rates apply.

Bank of Nova Scotia Reward Credit Cards

The ScotiaGold Passport VISA card offers excellent travel benefits and reward flexibility. You receive 1 Scotia Rewards point for every $1 you charge. You can travel anywhere, anytime. You can make a full 30,000 rewards points and take advantage of full travel insurance. Scotiabank offers 5% cash back if you purchase travel through Scotia Rewards Travel, the card rewards program. The interest is 19.99% on purchases and 21.99% on cash advances. There is an annual fee of $110. The grace period is at least 21 days.

Bank of Nova Scotia Low Interest Rate Credit Cards

The Scotiabank Value VISA card is great if you want a low interest rate and a low annual fee. It is easy to make monthly payments, and covering balances is faster. The rate is just 11.99%. There is an annual fee of $29. An interest-free period of at least 21 days is offered.

Bank of Nova Scotia Student Credit Cards

Students can choose from the SCENE Visa Card and L'earn VISA, which goes with a grace period of at least 21 days, a 21.99 percent interest rate, and no annual fee.

Bank of Nova Scotia No Annual Fee Credit Cards

The Bank of Nova Scotia features a variety of credit cards with no annual fee. One such card is the Scotiabank Value VISA card. This card can save you hundreds of dollars in fees and interest charges. The interest rate is set at 16.99 percent. The ScotiaLine VISA card is featured with low rates and high limits. The limits range from $20,000 to $500,000. The rate is equal to the bank's prime rate plus 4.99 percent for unsecured and 1 percent for secured rates.

The No-Fee ScotiaGold VISA card features the luxury of a gold card plus benefits without having to pay an annual fee. Extras include rental car collision insurance, as much as 20% car rental discount at Avis, commission-free travellers checks, and more. The interest rate is 19.99% on purchases and 21.99% on cash advances and balance transfers.

Bank of Nova Scotia Business Credit Cards

Scotiabank features a variety of business credit cards, for example, the ScotiaLine for business VISA card and the ScotiaGold Passport for business Visa; the former is offered with personalized checks and authorized user cards, which are free-of-charge.




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