Scotia Momentum Visa Infinite Card Review: Fees, Cashback and Benefits

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Scotia Momentum Visa Infinite Card
Cashback Card Review

Scotia Momentum Visa Infinite+

UP TO 4% CASH BACK PREMIUM CARD

Review the cashback categories, annual fee, interest rates, insurance benefits and general requirements.

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How does the cashback program work?

The Scotia Momentum Visa Infinite+ Card earns different cashback rates depending on the purchase category. Eligible grocery purchases and recurring payments can earn the card’s highest ongoing rate.

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Cashback can generally be redeemed after the available balance reaches at least $25. Redemption can be requested through the Scotia mobile app or online banking, subject to the program conditions.

4% cashback category Earn 4% cash back on eligible grocery purchases and recurring payments, including qualifying bills and subscriptions.
2% cashback category Earn 2% on eligible gas, electric-vehicle charging, daily transit and food-delivery purchases.
1% on other purchases Earn 1% cash back on other eligible card purchases, subject to the cashback program terms.
Annual fee The current standard annual fee is $120 for the primary card and $50 for an additional card.
Purchase interest The current preferred purchase interest rate published by Scotiabank is 20.99%.
Cash-advance interest The current preferred cash-advance rate is 22.99%. This may also apply to balance transfers and cash-like transactions.

Insurance and Visa Infinite+ benefits

The card includes insurance benefits subject to eligibility, limitations, exclusions and the applicable certificates of insurance. Benefits may include travel-related coverage and mobile-device insurance.

Visa Infinite+ benefits can also include concierge services, selected hotel benefits and other lifestyle offers. Registration or specific booking methods may be required.

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Important: The value of cashback should be compared with the annual fee and potential interest. Carrying an unpaid balance at the standard purchase rate can cost more than the cashback earned.

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Information is provided for comparison purposes only. Eligibility, approval, limits, fees and conditions are determined exclusively by each card issuer.