Low Interest
Balance Transfer
Scotiabank® Value® Visa* Card
Scotiabank®
Get 0% on balance transfers for 9 months and pay no annual fee in year one.*
Welcome Bonus:
Get 0% on balance transfers for 9 months and pay no annual fee in the first year.*
Balance Transfer:
0% Balance Transfer for 9 months (1% transfer fee)
Exclusive Ratebuddy Rebate
$100 cash rebate
Get $100 Ratebuddy Cash Rebate
Secure RateBuddy connection · Application completed on Scotiabank®’s site
Annual Fee
$0
$29 after first year
Purchase APR
13.99%
Cash Advance
13.99%
RateBuddy Verdict
RateBuddy Take
The Scotiabank Value Visa Card is a practical low-interest option for Canadians who want to reduce borrowing costs rather than earn rewards. Its 13.99% purchase and cash-advance rate is paired with a strong introductory offer of 0% on balance transfers for nine months and no annual fee in the first year. Shell fuel value, car-rental savings, Scotia SelectPay and a GigSky discount add useful everyday benefits.
The Good
- Get a 0% promotional balance-transfer rate for nine months with a 1% fee and pay no annual fee in the first year.
- The ongoing purchase and cash-advance rates are 13.99%, and supplementary cards have no annual fee.
- Additional benefits include Shell fuel value, Avis and Budget savings, Scotia SelectPay, mobile-wallet support and 10% off GigSky data plans.
The Trade-offs
- The $29 annual fee applies after the first-year waiver ends.
- The card does not offer cash back or reward points because it is designed primarily for interest savings.
- The 0% balance-transfer offer lasts nine months, carries a 1% transfer fee and has a maximum transfer amount of $49,999.99.
Rewards & Earnings
Base Rate
—
Rewards details are not available yet. Review the provider terms for full reward rules.
Welcome Bonus Details
Get a 0% promotional interest rate on eligible balance transfers for the first nine months, subject to a 1% balance-transfer fee. Plus, pay no annual fee during the first year. The standard annual fee is $29, supplementary cards have no annual fee, and the maximum balance-transfer amount is $49,999.99. Eligibility restrictions and conditions apply.*
Features & Benefits
First-Year Fee Waived
Value: 29
Introductory 0% APR on Balance Transfers
Low Purchase Interest
Value: 14
Additional Perks
A 13.99% purchase and cash-advance rate can help reduce interest costs compared with a standard credit card. Additional benefits include up to 5¢/L in value at Shell, up to 25% off eligible Avis and Budget base rates, Scotia SelectPay, mobile-wallet support and 10% off GigSky global mobile-data plans. Conditions apply.
Insurance Coverage
Optional Scotia Credit Card Protection may help cover the card balance or monthly payments during eligible unexpected life events. Basic and Comprehensive Protection bundles are available. Enrollment, eligibility and coverage conditions apply.
Rates, Fees & Eligibility
| Purchase APR | 13.99% |
|---|---|
| Cash Advance APR | 13.99% |
| Annual Fee | $29 |
| Supplementary Card Fee | $0 |
| Income Required | No specific requirement listed. |
| Recommended Credit Score | — |
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Filed Under
Low Interest
Balance Transfer
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