Scotia Momentum Visa Infinite Card review
Edited by Stacie Hurst
- Welcome Offer
- 10% cash back
- Rewards
- Up to 4% cash back
- Annual Fee
- $0 annual fee for the first year ($120 thereafter)
- Purchase Interest Rate
- 20.99%
- Cash Advance Rate
- 22.99%
Our verdict
Get an impressive cash back rate on many everyday purchases with the Scotia Momentum Visa Infinite Card.
If you want to maximize your returns on everyday purchases like groceries, bills, subscriptions and gas, then check out the Scotia Momentum Visa Infinite Card. You'll earn a welcome bonus, cash back on every dollar spent and a wide suite of complimentary travel insurance coverage.
Best for: Those looking for cash back on everyday purchases and complimentary travel insurance.
Pros
-
10% cash back welcome bonus
-
Up to 4% cash back per $1 spent
-
Travel insurance, new mobile device protection and extended warranty coverage
-
Car rental discounts
-
Visa Infinite Concierge Service
Cons
-
$120 annual fee
-
$50 supplementary card annual fee
-
$60,000 personal income ($100,000 household income) required
Earn 10% cash back on all purchases for the first 3 months (up to $2,000 spend). Plus, pay no annual fee in the first year. Apply by April 30, 2026.
The basics
- High return. Earn 4% cash back for every $1 spent on eligible grocery purchases & recurring payments, 2% per $1 spent on eligible gas & daily transit purchases and 1% per $1 spent on everything else.
- Promotional offers. Access one-of-a-kind wine and dining exclusives for Visa Infinite card holders.
- Shopping coverage. Get extended warranty and insurance coverage on products purchased with your Scotia Momentum Visa Infinite Card.
- Travel insurance. Make use of a wide suite of travel insurance to cover lost or stolen luggage, car rental damage or theft, flight delays, baggage delays and many other incidentals. This comes on top of $1,000,000 Travel Emergency Medical Insurance.
The perks
- Quick pay. Tap your Scotia Momentum Visa Infinite Card or your smartphone for quick easy payments Visa payWave. You can also make secure payments through Apple Pay.
- Save on car rentals. Save up to 25% on car rentals when you use your Scotia Momentum Visa Infinite Card to book at participating AVIS and Budget locations in Canada and the US.
- World class service. Contact Visa Infinite Concierge Service for help with bookings or event planning, or reach out to Scotiabank customer service 24/7 to troubleshoot issues with your account.
Broad travel insurance coverage
The Scotia Momentum Visa Infinite Card offers extended purchase and travel insurance:- Purchase security and extended warranty insurance. Double the manufacturer’s warranty or up to one year, and get insurance coverage to cover theft, loss or damage on most items purchased with your card (covered for the first 90 days from the purchase date).
- Travel insurance. Make use of a wide suite of travel insurance to cover car rentals, flight cancellations/interruptions, baggage delays or lost luggage and other incidentals. This comes on top of travel accident insurance and $1,000,000 in Travel Emergency Medical Insurance.
- Optional insurance coverage. Pay extra for optional financial protection during a range of life events, including disability, job loss, strikes, critical illness and loss of life.
- New mobile device insurance. You could get up to $1,000 in coverage if your new cell phone, smartphone or tablet is lost, stolen, accidentally damaged or has mechanical failure.
What to watch out for
- High minimum balance. The minimum credit limit on this card $5,000.
- High minimum annual income. You must have a minimum annual income of $60,000 or a minimum household income of $100,000 to qualify for this card.
- Expensive annual fee. Pay $120 per year to maintain your Scotia Momentum Visa Infinite Card.
- Additional charge for extra cards. Pay $50 for each supplementary card on your account.
Scotia Momentum Visa Infinite Card interest rates
| Interest Type | Interest Rate |
|---|---|
| Purchase interest rate | 20.99% |
| Cash advance rate | 22.99% |
| Standard balance transfer rate | 22.99% |
Related: Explore more Scotiabank credit cards
What should I know before I apply
Eligibility requirements
- Be a Canadian citizen or permanent resident
- Be the age of majority in your province or territory of residence
- Have an annual gross income of at least $60,000 (or a household income of $100,000)
Required documents and information
- Your name, residential status and contact information
- Your Social Insurance Number (SIN) and date of birth
- Your email address and phone number
How to apply
- Visit Scotiabank's website to begin your Scotia Momentum Visa Infinite Card application online.
- Read the Disclosure Statement details and continue the application.
- Complete the application with details like your name, email address, SIN and birth date.
- Review and submit your application.
Bottom line
The Scotia Momentum Visa Infinite Card offers a full suite of perks and benefits in return for a $120 annual fee. This card boasts a high cash back rate for groceries, bills, subscriptions and gas purchases. Visa Infinite customers also get exclusive wine and dining offers in addition to a wide range of travel insurance coverage.
If your income doesn’t reach the $60,000 annual threshold, you might want to check out the Scotia Momentum Visa Card or the Scotia Momentum No-Fee Visa Card to qualify for similar benefits.
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