Eligibility requirements to apply for the Scotiabank Momentum Cashback
☑️ Canadian residency is required
☑️ You must be the age of majority in your province or territory
☑️ Meet minimum personal income thresholds
☑️ Be able to pass a credit check
☑️ Provide active contact details (email and phone number)
Documents needed to apply
📄 Government-issued ID (passport, driver’s license)
📄 Proof of income (recent pay stubs or tax assessments)
📄 Proof of address (utility bill or lease agreement)
📄 Social Insurance Number (optional but may support identification)
📄 Information on current banking or debt obligations
Approval is based on meeting these conditions. Scotiabank may request additional details depending on your financial history.
How to apply for the Scotiabank Momentum Cashback card?
To apply for the Scotiabank Momentum Cashback card, visit Scotiabank’s official website and complete the application form. You can also apply by phone or in person at any Scotiabank branch. The form will ask for personal, financial, and employment information.
Once submitted, Scotiabank will assess your application. If approved, you’ll receive your card by mail and can activate it immediately. If denied, you can reapply later after reviewing your credit status or financial standing.
How to pay your Scotiabank Momentum Cashback bills?
Monthly payments can be made via the Scotiabank mobile app, online banking platform, pre-authorized debit from your checking account, or in person at a branch.
Payments should be made before the due date to avoid interest charges. You can choose to pay the full balance or the minimum amount due, but paying the full balance ensures you maximize cashback benefits without accruing debt.
Fees and costs
The Scotiabank Momentum Cashback card has no annual fee. It carries a 19.99% annual interest rate on purchases and a 22.99% rate on cash advances and balance transfers. For the first six months, there’s a 0% promotional rate on balance transfers with a 2% transaction fee.
Foreign transactions are subject to a 2.5% currency conversion fee. Late or missed payments may result in additional charges or interest.
A tip for your wallet
To fully benefit from your Scotiabank Momentum Cashback card, shift your recurring expenses like streaming services, phone bills, and insurance premiums to this card. These payments qualify for the full 1% cashback rate.
Plan major purchases during the first 90 days to capitalize on the 5% cashback welcome offer (up to $2,000). If you have large one-time expenses, use Scotia SelectPay to break them into manageable payments without hidden fees.
Start earning cashback with your card today
Click below to visit Scotiabank’s official site and apply for the Scotiabank Momentum Cashback card. Get full details on fees, requirements, and how to apply—all in one place. The Scotiabank Momentum Cashback card is a practical choice for earning while you spend. We’ll help you take the next step.