Scotia Momentum Visa Infinite Credit Card Review – Top Cashback Card for Canadians

Overview of the Scotia Momentum Visa Infinite in Canada

The Scotia Momentum Visa Infinite is one of Canada’s leading cashback credit cards, built for Canadians who want simple, high-rate rewards on everyday spending. With clear categories that reward groceries and recurring bills at top rates, this card turns routine purchases into meaningful cashback returns.

Issued by Scotiabank and backed by Visa Infinite privileges, the Scotia Momentum Visa Infinite blends strong cashback with travel insurance and concierge perks. For many Canadian households, this card can offset its annual fee through disciplined use and targeted spending.

Cashback Rates and Where They Matter

Cardholders earn 4% cashback on eligible grocery store purchases and recurring bill payments, 2% on gas and public transit, and 1% on everything else. That 4% on groceries is particularly valuable for families shopping at Canadian grocers like Loblaws, Sobeys, or Metro.

Because the Scotia Momentum Visa Infinite focuses on everyday categories, it is ideal for people who want a straightforward cashback card without rotating categories or complicated point systems. Using the card for bills and staples boosts effective return on regular monthly expenses.

Fees, Rates and Eligibility

The annual fee is $120 CAD, with interest rates around 20.99% on purchases and 22.99% on cash advances. Scotiabank typically requires a minimum personal income of $60,000 or a household income of $100,000 for approval, so plan accordingly when you apply.

Promotions occasionally waive the first year’s fee, which can make trying the Scotia Momentum Visa Infinite low-risk. If you pay your balance in full each month, the cashback easily outweighs the annual fee for moderate to heavy spenders in Canada.

Perks, Insurance and Practical Tips

Beyond cashback, the Scotia Momentum Visa Infinite includes Visa Infinite benefits like concierge services, dining offers and travel experiences, plus comprehensive travel insurance covering trip interruption, emergency medical and lost baggage. These extras add strong value for Canadians who travel domestically or internationally.

To maximize rewards, use this card for grocery shopping, recurring payments like phone and utilities, and fuel or transit costs. Regularly redeem accumulated cashback as a statement credit or deposit to a Scotiabank account to keep returns working for you.