No Fee Scotiabank Value Visa

No Fee Scotiabank Value Visa

No Fee Scotiabank Value Visa
Summary: Visa with no annual fee and a lowered interest rate

Description: 

The No Fee Scotiabank Value Visa is very similar to the Scotiabank Value Visa except that is has no annual fees and a slightly higher interest rate of 14.99%. This card is ideal for individuals who carry a balance of less than $1200. There are no benefits included although balance protection can be added for an fee.

For a limited time receive a 1.99% introductory interest rate on cash advances, balance transfers and Scotia VISA cheques for the first six months.

Overview

Version:
Standard
Credit required:
Fair
Card Type:
Visa
Issuer: 
Scotiabank
Minimum Income: 
$12,000
Minimum Credit Limit: 
$500
 

Annual Interest Rates

Interest Rate: 
14.99%
Cash Advance: 
14.99%
Balance Transfer: 
14.99%
Grace Period: 
21 days
 

Annual Fees

Annual Fee: 
$0
Supplemental Cards: 
$0
 

Balance Protection

Insurance Plan: 
Balance Protection
Age to Qualify: 
Under 65
Monthly Premium: 
$0.95 (per $100 of outstanding balance)
Maximum Benefit: 
$20000
 

Rewards

Travel / Vacation: 
No
Cash Back: 
No
Merchandise: 
No
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
No
Extended Warranty: 
No
Travel Accident Insurance: 
No
Travel Medical Insurance: 
No
Trip Cancellation Insurance: 
No
Flight Delay Insurance: 
No
Baggage Insurance: 
No
Road Insurance: 
No
Balance Protection Insurance: 
Yes*
Indicates restrictions or additional fees may apply. Check the credit card's web site or fine print for more information.