Scotiabank Value® Visa* card

• 0.99% introductory interest rate on balance transfers for the first 6 months (12.99% after that; annual fee $29)
• Save hundreds of dollars in interest a year
• Low 12.99% interest rate
• Pay down balances faster
• Simplify your monthly payments
• Rates, fees and other information are effective as of Jul 2, 2020.  Subject to change.

You can save hundreds of dollars each year by using the Scotiabank Value® Visa Card thanks to its low rates on purchases and balance transfers. To start with, card users will get a generous 0.99% introductory interest rate on balance transfers. After the promotional period, you get 12.99% on purchases and on cash advances. Despite a $29 annual fee, you can add a free supplementary cardholder while utilizing a minimum credit limit of $500. You can switch balances from higher-rate interest cards, save on interest and pay your bills in a timelier fashion as a result.  

Not only can you save money with the reduced interest rates offered, but you can also pay less on car rentals when you make your next road trip. Card users can save up to 25% on car rentals made at participating AVIS locations nationwide as well as Budget locations in Canada and the United States. You can save time at retailers too as the card's VISA payWave™ feature allows you to simply wave the card or use a mobile application to pay at the counter. Unfortunately, there are no insurance coverages that come with this card. For a balance transfer card, however, this is a solid option to consider.