Who can apply?
Scotiabank does not list a minimum income for this card on its public page. You will need to:
✔️ Have reached the age of majority where you live (18 or 19, depending on the province or territory)
✔️ Be a resident of Canada
✔️ Answer questions about your job, your yearly income and where you live
✔️ Consent to a credit check; the decision is based on your Equifax or TransUnion file
What are the rates and fees?
✔️ Annual fee: $0
✔️ Minimum credit limit: $500
✔️ Purchases: 20.99% a year
✔️ Cash advances, balance transfers and cash-like transactions: 22.99% a year
✔️ Cash back: 1% in the accelerated categories (up to $15,000 a year), 0.5% on everything else; redemption from $25
Rates are those published by Scotiabank in September 2026 and are subject to change; the revolving credit agreement you receive with the card is the binding document.
What documents and information do you need?
✔️ Name, date of birth and residential address
✔️ Employment information and gross annual income
✔️ Social Insurance Number (optional, but it makes identity verification faster)
✔️ Government-issued photo ID; Scotiabank may verify it online or at a branch
✔️ If you are already a Scotiabank client, signing in pre-fills most fields
A piece of advice for you!
Before you apply, look at the welcome offer’s dates and conditions. Bonus cash back is usually paid a few months after the promotional period ends and only if the account is in good standing, so a late payment in the first months can cost you the bonus.
Then set up the recurring bills. Utilities, phone, insurance and streaming all count for 1% and are the easiest way to earn without changing habits. Make sure the merchant is billing you directly rather than through a third-party payment service, which may not qualify.
Finally, consider the co-borrower option if you share expenses with a partner: both of you can redeem, and the household spending reaches the $25 threshold faster.
How to apply for the Scotia Momentum No-Fee Visa
The application is online on Scotiabank’s website, or at any branch if you prefer to speak with someone. Online you will confirm your identity, enter your employment and income details, review the disclosure box and submit; many applicants get an instant answer, and the card is mailed in about five to ten business days.
Press the button to open the official Scotiabank page and start.
Kredua is not a bank, a lender or a financial institution and does not issue credit. We describe products offered in Canada so you can decide with better information; any application is made directly with the institution, which alone assesses and approves it.
Photo: Dillan Payne · CC BY-SA 2.0 · Wikimedia Commons
