Holy 10% Cash Back! ; Scotia Momentum Visa Infinite Card

Current Welcome Bonus
New cardholders can earn 10% cash back on all purchases for the first 3 months, up to a total spend of $2,000. Additionally, the annual fee is waived for the first year, including on supplementary cards. This makes the Scotia Momentum Visa Infinite Card an attractive option for those looking to maximize their savings right from the start

The Scotia Momentum Visa Infinite Card is a premier cash-back credit card tailored for Canadians seeking to maximize rewards on everyday expenditures. With competitive cash-back rates across various spending categories and a suite of additional benefits, it stands out as a top choice for those aiming to enhance their financial returns. In this guide, we’ll cover the latest welcome bonus, key features, and strategies to make the most out of the Scotia Momentum Visa Infinite Card.

Introduction to the Scotia Momentum Visa Infinite Card

The Scotia Momentum Visa Infinite Card is designed for Canadians who want to make the most of their everyday spending while earning substantial cash back. With accelerated earning rates on common spending categories such as groceries, gas, and recurring bill payments, this card is an excellent option for households looking to save on their essential expenses. In addition, the card offers Visa Infinite privileges that enhance your travel and lifestyle experiences.

Key Features and Benefits

The Scotia Momentum Visa Infinite Card offers a variety of features that make it ideal for maximizing cash-back rewards on everyday spending. Here are some of the key benefits:

  • Competitive Cash-Back Rates
    • 4% cash back on eligible grocery store purchases and recurring bill payments.
    • 2% cash back on eligible gas station and daily transit purchases, including buses, taxis, trains, and rideshares.
    • 1% cash back on all other eligible purchases.
    • Why It Matters: These accelerated earning rates allow cardholders to maximize their cash back on essential purchases like groceries, bills, and transit, helping you save money on everyday expenses.
  • Visa Infinite Benefits
    • Access to Exclusive Dining and Entertainment Experiences: Cardholders can enjoy exclusive dining and entertainment experiences through the Visa Infinite program.
    • 24/7 Concierge Services: Complimentary concierge services are available to assist with booking reservations, finding event tickets, and more.
    • Hotel Privileges: Enjoy room upgrades and the best available rates at select hotels as part of the Visa Infinite Hotel Collection.
    • Why It Matters: These perks add significant value to the card, offering conveniences and exclusive experiences that enhance your lifestyle.
  • Comprehensive Insurance Coverage
    • Mobile Device Insurance: Coverage of up to $1,000 for new mobile devices purchased with the card.
    • Travel Insurance: Includes trip cancellation and interruption insurance, flight delay insurance, and travel emergency medical insurance.
    • Purchase Protection and Extended Warranty: Protects eligible purchases against damage or theft for up to 90 days and extends the manufacturer’s warranty by up to one additional year.
    • Why It Matters: These insurance benefits provide peace of mind, saving you money and hassle when making significant purchases or traveling.

Fees and Eligibility

  • Annual Fee: The Scotia Momentum Visa Infinite Card has an annual fee of $120 for the primary cardholder, which is waived for the first year.
  • Income Requirements: Minimum annual personal income of $60,000, household income of $100,000, or $250,000 in assets under management.

How to Use the Scotia Momentum Visa Infinite Card to Maximize Rewards

The Scotia Momentum Visa Infinite Card offers numerous opportunities to earn cash back and get the most out of your spending. Here are some strategies to help you maximize your rewards:

  1. Take Advantage of the Welcome Bonus
    • Spend up to $2,000 within the first 3 months to earn 10% cash back. This will give you up to $200 in cash back right from the start, making it an excellent way to boost your savings.
  2. Maximize Spending on 4% and 2% Categories
    • Use your card for all eligible grocery purchases and recurring bill payments to earn 4% cash back. Also, use it for gas and transit purchases to earn 2% cash back. This will help you accumulate cash back faster and save more on everyday expenses.
  3. Use Your Card for Recurring Bills
    • Set up recurring payments, such as utility bills and subscriptions, to be automatically charged to your Scotia Momentum Visa Infinite Card. This ensures you consistently earn 4% cash back on these expenses.
  4. Leverage Visa Infinite Privileges
    • Make use of the Visa Infinite Concierge Services to help manage your bookings and reservations. Additionally, take advantage of exclusive experiences and hotel privileges available through the Visa Infinite program.
  5. Utilize Insurance Benefits
    • When purchasing new mobile devices or booking trips, use your Scotia Momentum Visa Infinite Card to benefit from the included insurance coverage. This can save you money on additional insurance costs and provide protection in case of unexpected issues.

Is the Scotia Momentum Visa Infinite Card Worth It?

The Scotia Momentum Visa Infinite Card is an excellent choice for Canadians looking to maximize their cash-back rewards on everyday spending. With 4% cash back on groceries and recurring bills, and 2% cash back on gas and transit, the card provides one of the highest earning potentials for essential spending categories. The 10% welcome bonus and first-year fee waiver further enhance its value, making it an appealing option for those who want to start saving right away.

The comprehensive insurance coverage, combined with Visa Infinite benefits like concierge services and exclusive experiences, adds significant value beyond the cash-back rewards. For individuals and families who spend heavily in these categories and appreciate premium perks, the Scotia Momentum Visa Infinite Card is a top-tier option worth considering.

Final Thoughts

The Scotia Momentum Visa Infinite Card offers a compelling combination of high cash-back rates, flexible redemption options, and valuable perks that make it an ideal choice for Canadian consumers. By focusing on high-earning categories like groceries, recurring bills, and transit, and taking advantage of features like Visa Infinite privileges and comprehensive insurance coverage, you can maximize your savings and enjoy additional lifestyle benefits. Whether you’re looking to save on everyday expenses or enjoy exclusive experiences, the Scotia Momentum Visa Infinite Card provides a solid mix of benefits to help you get the most out of your spending.


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