Overview of the Scotiabank Momentum® Visa Infinite* Card
Earning categories
On bills, groceries
2%On gas, Public transit, taxis, and rideshares
1%On other purchases
Scotiabank Momentum® Visa Infinite* Card details
- Welcome bonus
- Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).
- Annual fee
- $120 (first year waived)
- Reward
- Earn 4% on bills, groceries, 2% on gas, Public transit, taxis, and rideshares, 1% on other purchases
- Average point value
- $1
- Purchase interest rate
- 20.99%
- Cash advance interest rate
- 22.99%
- Balance transfer interest rate
- 22.99%
- Minimum income
- $60K/yr
- Household income
- $100K/yr
- Recommended credit score
- 725+
- Network
- VISA
- Provider
- Scotiabank
- Card type
- Cash back
Detailed card summary
Benefits & features
- Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases)¹
- No annual fee in the first year, including on additional cards.¹
- 4% for every $1 you spend on grocery store purchases, recurring bill payments and subscription purchases
- 2% for every $1 you spend on gas and daily transit purchases
- 1% cash back on all other purchases with no cashback limit
- Visa Infinite* Concierge Services
- Visa Infinite* Hotel Collection
- Visa Infinite* Dining and Wine Country program
- Comprehensive Travel Insurance & New Mobile Device Insurance coverage
- Rates, fees and other information are effective as of July 2, 2025. Subject to change.
How to redeem
Credit to statement balance annually in November
How to get approved
Eligibility
- Minimum income $60K/yr
- Household income $100K/yr
- Recommended credit score 725+
- You are a permanent Canadian resident and have reached the age of majority in the province in which you live.
User reviews
Average user score for Scotiabank Momentum® Visa Infinite* Card
4.5 | 8 reviews
Devinder Banger
Exellent
Mickael Guillemineau
The card is really interesting for grocery shopping. The annual fee is reasonable for the benefits of the card.
Eric
The best reward program on the market. Easy to access our statement by internet. One of the best customer service in the bank market.
Chong Liang
Good reward program.
Ilia Tchernov
Annual fee is a bit high but otherwise a great card, especially for food lovers and petrolheads.
Shelley Wellman
I dislike that it takes so long to show my purchases. My last credit card showed them under pending transactions within a few hours. This card takes days. I also checked off ebill but I’m still being sent paper bills and can’t figure out why.
Ratehub review
Natasha Macmillan
The Scotiabank Momentum Visa Infinite Card offers impressive rewards on everyday purchases. This card earns great cash back on many categories – however, its stand-out feature is 4% cash back on groceries. This card can help offset rising household expenses and is considered to be one of the best cash back credit cards.
Pros:
- High cash back rate on essentials: Enjoy significantly higher earn rates on groceries and gas than most other cards (4% cash back)
- Comprehensive insurance coverage: Benefit from strong insurance coverage typically is reserved for travel credit cards
- Lucrative welcome offer
Cons:
- Spending cap on bonus categories: Annual total spend limit of $25,000 on the 4% and 2% spending categories; thereafter, the earn rate drops to 1%
- Limited redemption flexibility: Cash back reward is only offered as a statement credit once per year in November and cannot be redeemed in smaller amounts or any other time of year
Legal
¹ Offer Description and Conditions: The 10% Cash Back and First Year Annual Fee Waiver (the “Offer”) applies only to new Scotia Momentum Visa Infinite credit card accounts (“Accounts”) that are opened, and any additional Account cards issued, between March 3, 2025 and October 31, 2025 (regardless of the date you apply for the Account) subject to the conditions below. We will waive the annual fee for the primary card and each additional card on the Account for the first year only. All other terms and conditions of the Program Terms continue to apply during the Offer period. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
10% Cash Back Offer Description and Conditions: You will earn 10% cash back on the first $2,000 in eligible purchases you spend on your new Account within the first 3 months of the Account open date (the “Promotional Period”). Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers and cash-like transactions), interest, fees or other charges. After the Promotional Period, you will earn regular cash back on eligible purchases at the regular cash back rate (the “Cash Back Program Rate”) described in the Scotia Momentum Visa Infinite Cash Back Program Terms and Conditions (the “Program Terms”). The 10% cash back rate for any category is made up of the sum of: (i) the regular Cash Back Program Rate (variable by categories as set out under the Program Terms); and (ii) a “Cash Back Bonus Rate”.
Cash back earned under this Offer will be credited to your Account in 2 instalments so long as your Account is open and in good standing at time of payout of each:
1. Bonus Cash Back: The amount earned under the Cash Back Bonus Rate will be credited to your Account within approximately 7 months from the Account open date; and
2. Regular Cash Back: The amount earned under your regular Cash Back Program Rate will be credited to your Account according to the regular cash back payment schedule as set out under the Program Terms.
The Account is considered in good standing if it is not past due or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account.
EXAMPLE: If the Regular Cash Back Program Rate for the Groceries and Recurring Payments category is 4% then the Cash Back Bonus Rate will be 6% for that category so that you will earn a total of 10% on the amount of all eligible everyday purchases in that category during the Promotional Period. If you make $2,000 in eligible everyday purchases in the Groceries and Recurring Payments category, your cash back earnings will be credited to your Account as follows:
(1) the Cash Back Bonus earnings of $120 (6% x $2,000) (which will not be tracked on your monthly statements), will be credited to your Account within 7 months from the Account open date, and (2) the Regular Cash Back earnings of $80 (4% x $2,000) (which will be tracked on your monthly statements), will be credited to your Account as per the regular cash back payment schedule (i.e., November).
Annual Fee Waiver Offer Description and Conditions: We will waive the annual fee for the primary card and each additional card issued between March 3, 2025 and October 31, 2025 on the Account for the first year only.
Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are also eligible for the Offer.
Rates and Fees: The current annual fee is $120 for the primary card and $50 for each additional card (including those issued to co-borrowers and supplementary cardholders). The current preferred annual interest rates for the Account are: 20.99% on purchases and 22.99% on Cash Advances. All rates, fees, features and benefits are outlined in the Application Disclosure Statement and are subject to change.