Scotiabank has launched the Scotia Momentum for business No Fee Visa Card, a new credit card for Canadian business owners offering 1% cash back on all eligible purchases with no annual fee. The card also provides up to 6 cents per litre in value on fuel purchases at Shell, cash back redemption anytime with a minimum $25 value, and access to Visa Spend Clarity and Visa SavingsEdge. It includes mobile device insurance, purchase protection, and extended warranty coverage on eligible purchases. Scotiabank, with assets of approximately $1.5 trillion as of April 30, 2026, trades on the Toronto Stock Exchange and New York Stock Exchange under the symbol BNS.
Bank of Nova ScotiaScotiabank launches a new no-fee business credit card, potentially attracting new customers and increasing card usage.
Visa Inc. Class AThe card is a Visa card, which may increase Visa's transaction volume and network usage.
