Scotiabank · Visa · None (low-rate card, no rewards program)
Reviewed 2026-07-06 · By The Points Standard editorial team
Scotiabank Value Visa
The 'one honest rate' card: 13.99% on every transaction type, where competitors quietly charge 22%+ on advances. Predictability is the product.
Standard Score breakdown — Pass
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 3.27/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | $29 |
| Welcome bonus | 0% interest on balance transfers for the first 9 months (1% transfer fee, min $5), plus first-year fee waived — for accounts opened July 2, 2026 to January 3, 2027 |
| Est. bonus value | ≈ $0 |
| First-year net value | ≈ $0 |
Earn rates
| All purchases | No rewards — 13.99% on purchases, cash advances, and balance transfers alike |
Why it earns its score
- One flat 13.99% on purchases, cash advances, AND balance transfers — no 22.99% cash-advance ambush
- Current 0%/9-month balance-transfer offer carries the lowest transfer fee of the big-bank promos (1%)
- Up to 25% off Avis and Budget rentals — a rare perk in this class
Where it loses points
- No rewards of any kind
- $29 fee returns in year two
- $12,000 minimum income requirement (modest, but present)
Who it's for
People who sometimes take cash advances or transfers and want one predictable rate on everything the card does.
Who should skip it
You want the lowest possible purchase rate — MBNA Gold and Desjardins Flexi run 3 points cheaper.
Included insurance
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.