Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Money.caThe Scotiabank Value® Visa* card is a good option for those looking to do a balance transfer, but who also want a more versatile card for use beyond the balance transfer itself. Some may not be able to see past the $29 annual fee, but this can easily be made up for if the cardholder rents cars from...
- Rachel Cribby, Wealth RocketThis low-interest card can be a huge burden lifter to anyone struggling with credit card debt. While it does not provide the perks of a fancier credit card, the fact that it offers a stellar balance transfer option, as well as a regularly low-interest rate, makes it a wonderful choice for anyone who...
- Heidi Unrau, HardbaconThe Scotiabank Value Visa is for anyone who wants to pay off their credit card or other high interest debt at ludicrous speed. It’s also for anyone who maybe just wants to start building their credit score without fear of falling into the dreaded credit card debt trap. The interest rate is nice and...
- Shannon Terrell, NerdWalletA rare 0% intro period on balance transfers and low interest rates year-round, the Scotiabank Value Visa can help you quickly pay down balances transferred from higher-rate credit cards.
- Enoch Omololu, SAVVY New CanadiansThe Scotiabank Value Visa Card is worth looking at if you need a low-interest card option to consolidate your credit card balances and save money.
Interest Rates | |
---|---|
Regular APR Interest Rate | 12.99% |
Balance Transfer Interest Rate | 12.99% (0% for the first 10 months) |
Cash Advance Interest Rate | 12.99% |
Rates & Fees | |
Annual Fee |
$29.00 Waived on the first year |
Balance Transfer Fee | $5.00 |
Cash Advance Fee |
$5.00
|
Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
Over Limit Fee | $29.00 |
Late Payment Fee | $0.00 |
Promotions | |
Sign up bonus | No |
Rewards | |
All Purchases | No |
Restaurants | No |
Gas | No |
Groceries | No |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills | No |
Features & Benefits | |
Additional Card Holders | Yes |
Travel Accident Insurance | No |
Car Rental Insurance | No |
Car Rental Discount | Yes |
Extended Warranty | No |
Purchase Protection | No |
Zero Liability | No |
No Foreign Transaction Fees | No |
Emergency Assistance | No |
Concierge Service | No |
Price Protection | No |
Fraud Protection | No |
Free Credit Scores | No |
Wireless Payments | Paywave, Apple Pay |
Virtual Cards | No |
Additional Benefits |
Save up to 25% off base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S. |
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
Minimum Personal Income |
$12,000 per year |
Temporary Residents | |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
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