No-Fee Scotiabank Value® Visa* card | Shop Canada's Best Credit Cards | Compare Credit Cards | shoptherate.ca

No-Fee Scotiabank Value® Visa* card

Card Details

Network: Visa
Provider: Scotiabank
Type: Low Interest, Balance Transfer
Credit Required: Good Credit

Fees & Rates

Intro Balance Transfer Rate:
3.99% for 6 months
Purchases: 16.99%
Cash Advances: 16.99%
Balance Transfers: 16.99%
Annual Fee: $0.00

  • 3.99% introductory interest rate on balance transfers for the first 6 months (16.99% after that)
  • A great low rate with no annual fee
  • Pay down balances faster
  • Simplify your monthly payments
  • Rates, fees and other information are effective as of February 1, 201.  Subject to change.

Editor's Review

No annual fee, no credit history required, and lower interest rates that can save you hundreds of dollars a year. Those are three definite reasons why this Scotiabank card may entice you if you're looking for a credit card worth investing in. As a welcome offer, you get a 3.99% introductory interest rate on balance transfers within the first six months.

After the introductory period, you pay an interest rate of 16.99% on purchases and cash advances, which is lower than the standard interest rates that accompany most credit cards. You can even switch balances from those higher interest credit cards to your No-Fee Scotiabank Value® Visa Card. That allows you to consolidate you higher rate balances, save money and make paying bills a more seamless task.

This card exists to provide relief when it’s time to clear your credit card balance. If you’re looking for rewards or insurance coverage, this card isn’t for you as it has neither. However, if you do rent cars and are looking for lower prices, using this card can get you up to a 25% discount at nationwide AVIS locations, and you get the same discount at Budget locations across North America. Save more money and pay your bills on time thanks to this low-interest card.


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