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Scotiabank Value Visa Card: up to 10 Months at 0% Interest on Qualifying Balance Transfers

The Scotiabank Value Visa is a credit card designed to save hundreds of dollars in interest by allowing balance transfers with favorable rates.

It offers a 0% introductory APR for 10 months, providing a great opportunity to manage finances—see how to apply. 

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Scotiabank is a well-known institution in the Canadian market, offering excellent services for everyday needs.

This includes solid account and investment management as well as a variety of credit card options, from basic to benefit-packed cards.

The Scotiabank Value Visa is ideal for the following profiles:

  • People who need relief from interest payments on other credit cards
  • People looking for a reliable card for daily purchases
  • People who want a card with an interest-free grace period on purchases
  • People who aren’t particularly interested in cashback or rewards points, as this is not the card’s main focus.

The main focus of the card is interest savings since you can consolidate payments from other cards onto your Scotiabank Value through an interest transfer.

With this card, you enjoy the following benefits:

  • Reducing accumulated interest on other cards, whether due to debt length or the card’s own interest rates
  • Consolidating multiple invoices and debt installments into a single payment on a single day

The card has an initial credit limit of $500, making it a good basic card for everyday needs.

It does not offer a welcome bonus in cashback or points, but it does include a 10-month 0% rate on balance transfers, the card’s main feature.

The annual fee is $29, fully waived for the first year, and $0 for each supplementary card.

To qualify for the Scotiabank Value, you need a recent good credit history and an annual income of at least $12,000 for the primary cardholder.

Yes, you have full access to the credit card application process directly through the bank’s online channels.

While focused on this, the card still includes additional perks, such as convenient payment with Visa PayWave—just wave your card to pay!

You can also save up to 25% on fees at participating AVIS agencies in Canada with your Scotia card.

The card includes Scotia SelectPay, a Scotiabank feature that allows you to finance purchases of $100 or more with low interest rates—perfect for making those dream purchases.

Looking for card fee waivers? You can open a bank account with Scotiabank, with options such as the Preferred Package and the Ultimate Package.

Want to learn another option?

Want another option from the same bank? The Scotiabank Platinum American Express is a premium version that offers exclusive benefits for enjoying life within and outside of Canada.

With the Amex brand, it provides an offer of 60,000 Scene+ points, equivalent to about $2,100 in redeemable value—see how to apply.

Gabriel Gonçalves
Written by

Gabriel Gonçalves

Writer with over 10 years of experience specializing in finance and education. Master's student in Communication and an expert in online content production.