Highlights

  • The preferred annual rate is 13.99% on purchases and cash advances.
  • Supplementary cards have a $0 annual fee.
  • Link the card to Shell Go+ and you can get up to 5¢/L on fuel at participating Shell stations in Canada.
  • Pay with this card and you can save up to 25% off Avis and Budget base rates.
Scotiabank Value Visa Card

Issuer: Scotiabank
Network: Visa
Card type: Credit card
Annual fee: $29 primary; $0 supplementary
Foreign transaction fee: 2.5% of the converted amount on foreign-currency transactions, applied to both debits and credits

This card does not earn points, miles, or cash back. It is positioned as a low-rate credit card.

Welcome offer

【September 5, 2026 update】 A 9-month 0% balance-transfer rate, first-year annual fee waived, plus an extra $50 cash reward:

  • If the account opens between July 2, 2026 and January 3, 2027 (the application date does not matter), the first-year primary annual fee is waived.
  • In the same opening window, eligible cash advances, balance transfers, and cash-like transactions get a 0% rate for 9 months from account opening. Each of those transactions during the promotional period has a 1% balance-transfer fee, minimum $5. After the period, any unpaid promotional balance uses the then-current cash-advance rate (currently 13.99%).
  • You cannot use the offer to transfer, pay, or deposit between Scotiabank accounts. Cash-advance limits and your approved credit limit still apply. The website FAQ states a maximum of $49,999.99 per balance transfer.
  • Apply through the blog partner site and you can get an extra $50.

Apply through the referral link 🔗

Current or former primary or supplementary cardholders of a Scotiabank personal credit card in the past 2 years, including anyone who switched to an existing Scotiabank personal card, are not eligible. The bank can revoke the offer if it decides you do not qualify.

Everyday spending

None.

Benefits and insurance

  • Shell fuel benefit (Shell Go+ fuel benefit)

You need to link this card to Shell Go+. At participating Shell locations in Canada, fuel of any grade paid with a linked eligible Scotiabank debit or credit card gets an instant 3¢/L discount, up to 1,000 litres per month per payment-card account, resetting each month. Scene+ members earn 1 point per litre, plus 1 extra point per litre on Premium / V-Power fuel as a Shell Go+ member. The website values the Scene+ portion at up to about 2¢/L, using an average of about $10 in fuel per 1,000 points. The 5¢/L maximum assumes Premium fuel and this card linked to Shell Go+. The actual amount varies with the fuel grade, the pump price, whether the account is linked, and how you redeem Scene+ points. The website does not include gas-station cash back in that 5¢/L figure.

  • Car rental savings (Avis and Budget car rental savings)

Pay with this card at participating Avis and Budget locations in Canada and the United States and you can save up to 25% off the base rate (time and mileage only). Taxes and extras such as the air-conditioning excise recovery fee, concession recovery fee, vehicle licence recovery fee, energy recovery fee, tire management fee, frequent-traveller fee, customer facility charge, and environmental fee recovery are not included. Book Avis at avis.com/scotiabankvaluevisa, 1-800-879-2847, discount code C030300. Book Budget at budget.com/scotiabankvaluevisa, 1-800-268-8900, corporate discount code A363310.

  • Instalment plans (Scotia SelectPay)

You can convert an eligible purchase of $100 or more into an instalment plan. The website describes the plan rate as low and says there is no instalment-plan fee; the Scotia SelectPay terms govern.

  • GigSky global mobile data

Purchases of GigSky global mobile-data plans on this card can get 10% off. You need an eligible Canadian-issued Visa card in your name, in good standing, and set as the default payment method in the GigSky app. GigSky provides the offer. It cannot be combined with other discounts or redeemed for cash, and GigSky can change or end it at any time.

  • Visa Zero Liability

Unauthorized use can be covered by Visa Zero Liability. The official welcome kit says restrictions and exclusions apply; the full description is at visa.ca.