Scotia Momentum Visa Infinite Card

Last updated:

By CardFinder Editorial Team Affiliate Disclosure
Scotiabank visa Best Cashback Overall

$120/year

Earn 10% cashback for 3 months

10% cashback on all purchases for the first 3 months, up to $2,000 in spend.

cashbackgroceriesgasdining
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Key Details

Annual Fee

$120

Network

visa

Credit Required

good, excellent

Reward Type

cashback

Rewards Earn Rates

4x

Groceries

2x

Gas

1x

Dining

1x

Travel

1x

Everything Else

Highlights

  • $120 annual fee
  • 4% cashback on groceries and recurring bills
  • 2% on gas and transit
  • 1% on everything else

Pros & Cons

Pros

  • + Excellent 4% grocery cashback rate
  • + Good coverage across categories
  • + Visa Infinite benefits and insurance
  • + Accepted everywhere Visa is taken

Cons

  • $120 annual fee
  • Need to spend enough on groceries to offset fee
  • $60,000 minimum income requirement
  • Foreign transaction fees

Who Is This Card For?

The Scotia Momentum Visa Infinite Card is best suited for Canadians who prioritize cashback, groceries, gas spending. At $120/year, it's worth it for those who spend enough in bonus categories to offset the fee.

Benefits Breakdown

Extended Warranty

Purchase Protection

90 days

Rental Car Insurance

Insurance Coverage Details

Travel Medical
Up to $1M for 25 days per trip
Trip Cancellation
Up to $1,500 per person
Purchase Protection
90 days, up to $50,000
Extended Warranty
Up to 1 extra year

Ways to Reduce the Annual Fee

  • Call retention after year 1 to request fee waiver or discount
  • Product-switch from Scotia Value Visa to avoid hard inquiry
  • Often matched with first-year fee rebate offers

Multi-Card Strategy

Best everyday cashback card for families. Pair with a no-FX-fee card for travel and a Costco Mastercard for warehouse shopping.

See full multi-card strategies →

Is this card worth it for you?

Use our rewards estimator to see how much you'd earn based on your spending.

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Frequently Asked Questions

Ready to Apply?

Visit the issuer's website to confirm current terms and apply.

Apply for Scotia Momentum Visa Infinite Card

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Sources

Last verified: 2026-03-01. Offers and terms can change. Always confirm details on the issuer's website before applying.