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No-Fee Scotiabank Value® VISA* card

No-Fee Scotiabank Value® VISA* card

SPECIAL OFFER: 3.99% interest rate for the first six months...plus no annual fee.

Our Rating:
Annual Fee Interest Rate Balance Transfer Cash Advance Credit Score Good: -- I've had a credit card, or loan for 6+ years. I've had good credit for the last 7 years (no bankruptcies or no defaults on credit as a result of failing to pay debts back to creditors). I haven't opened a new credit card account, loan, or line of credit in the last nine months. I've made the minimum payments on my existing credit cards for the past three months. Rewards Are all rewards created equal? -- From points, to miles, to cash back - how do you know how much you're really getting? To help you find the best rewards card, we've created the Your Reward Return, a rate that lets you know the rate of return from your spending into rewards so that you can compare like for like. Now that's wise thinking!
$0.00 16.99% 3.99% *16.99% after 6 months 3.99% *16.99% after 6 months Good -
  • Card Details Details
  • Our Review Review

Card Details


  • Special Offer: 3.99% introductory interest rate on cash advances and balance transfers for the first six months for accounts opened by October 31, 2016.

  • 16.99% interest rate

  • Interest free grace period of at least 21 days on purchases

  • Save hundreds of dollars a year

  • Pay down balances faster

  • Simplify your monthly payments

  • 20% AVIS rental card discount

Features and Benefits

  • Purchase protection and extended warranty
  • Avis Rental Car Discount

RateSupermarket.ca's Review

As far as low balance transfer cards go, the No-Fee Scotiabank Value® VISA card is a pretty decent option, though not as strong as the fee version (Scotiabank Value® VISA Card). The card comes with a 3.99% introductory interest rate on balance transfers and cash advances for the first six months (16.99% thereafter) and an ongoing purchase rate of 16.99% - which is lower than many other cards on the market. This card is a good solution for those who are looking to pay off a credit card balance quickly (ideally within the 6-month introductory rate timeframe) and who do not wish to pay an annual fee.

Top Features About No-Fee Scotiabank Value® VISA card

  • No annual fee
  • low introductory interest rate on balance transfers and cash advances
  • No balance transfer fees
  • relatively low ongoing purchase rate

Pros

  • no annual fee
  • low introductory interest rate on balance transfers and cash advances
  • No balance transfer fees
  • Relatively low ongoing purchase rate

Cons

  • 3.99% introductory interest rate only lasts 6 months
  • Not as low as other low balance transfer credit cards

Rate and product information are subject to change at any time and does not constitute financial advice. Please contact supplier for complete details.

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