Imagine that with every purchase you make anywhere, your money goes back into your pocket? Sounds like a dream, right? The truth is that 9 out of 10 credit cards don’t have that: many of them offer benefits, advantages, discounts, but nothing else. The good news is that there is at least 1 of them that gives some of your money back: the Scotiabank Momentum Business Visa.
With this credit card in hand, you can save and get some of your money back with every purchase you make, in any online or physical store, no matter, from 1% up to 2% cashback. With the Scotiabank Momentum Business Visa you are rewarded in many ways, receiving a variety of benefits by participating in the VISA benefits plan.
Are you ready to get your own credit card with many exclusive benefits? We explain exactly how the Scotiabank Momentum Business Visa works card, its advantages, rewards, requirements and why it might be useful for you. Also read how to apply and other important information.
Scotiabank Momentum Business Visa
Low annual fee of $39 Purchase APR at 19.99%How does the Scotiabank Momentum Business Visa work
You may be here in this article because you know that the Scotiabank Momentum Business Visa can offer a super special program of cashback, rewards and more. Well, all of that is true, which means that you can only win with this powerful credit card.
This card is amazingly amazing for offering numerous perks for those who earn it, where the first is the welcome bonus, where you get a 25-day interest-free grace period on new purchases and a discount of up to 25% when using your card to pay for car rentals at Avis and Budget agencies
There’s also a 2% cash back reward on all eligible grocery, gasoline, pharmacy and recurring payment purchases – on up to a total of $25,000 in annual purchases. In addition, for all other purchases, you earn a flat rate of 1% cash back.
Main Advantages of using the Scotiabank Momentum Business Visa
Scotiabank Momentum Business Visa designed and created for people like you who need a full credit card, whether to use it frequently for shopping, travel and other leisure and lifestyle activities. Check out some dozens of benefits you get with this amazing credit card:
- Earn 1% cash back on all purchases
- Has a low-income eligibility requirement
- Coverage is up to $10,000 in repair or replacement costs
- It offers quick payment capabilities through Visa payWave
- Items you buy are protected against loss, theft, and damage for up to 90 days
- Earn 2% cash back on all eligible grocery, gasoline, pharmacy, and recurring payments
- Optional protection is available at a fee, including critical illness, disability, loss of life, job loss, and other coverage
- Up to 25% off when you use your card to pay for car rentals at participating Avis and Budget locations in Canada and the US
Once you have the Scotiabank Momentum Business Visa in your hands, you will be able to enjoy all this and more. The advantages of having this card are practical, especially for those who are thinking of taking advantage of the rewards and cashbacks it offers.
Requirements for the Scotiabank Momentum Business Visa
Credit card applications are approved or denied based on various factors. All companies have their own subscription requirements. See some of them here:
- Minimum income N/D
- Household income N/D
- Recommended credit score 760+
- You are a permanent Canadian resident and have reached the age of majority in the province in which you live.
If those fees don’t weigh you down, you can go ahead and learn how to apply for Scotiabank Momentum Business Visa.
How to Apply
As you can see, the Scotiabank Momentum Business Visa is a very powerful card for anyone who wants to make their life even easier when it comes to all benefits of life.
To get this card, you can apply on the bank’s website and fill out the forms. Approval is not time-consuming, and soon you will get notification of approval or denial.
Conclusion
In conclusion, the Scotiabank Momentum Business Visa offers a range of attractive benefits and rewards, making it a compelling choice for individuals seeking a credit card with cashback incentives and other perks. The card’s features, such as the welcome bonus, interest-free grace period, discounts on car rentals, and cashback on specific purchase categories, provide tangible advantages for cardholders.
Moreover, the additional protections and optional coverage plans add value and security to the cardholder experience. While specific income requirements are not disclosed, being a permanent Canadian resident of legal age is a fundamental eligibility criterion.
Overall, for those who can manage the associated fees and meet the eligibility criteria, the Scotiabank Momentum Business Visa presents a practical and rewarding option for everyday purchases and business expenses.