Scotia Momentum® Visa Infinite Card
Fees
Earning Rates
- Earn 4% cash back for every $1 you spend on grocery store purchases, recurring bill payments, and subscription purchases, on up to $25,000 in combined purchases per year (then 1%).
- Earn 2% cash back for every $1 you spend on gas purchases and daily transit purchases, on up to $25,000 in combined purchases per year (then 1%).
- Earn 1% cash back for every $1 spent on all other purchases.
Main Benefits
- Visa Infinite benefits, savings when renting cars with Avis and Budget, , new mobile device insurance, and travel coverage including trip cancellation and trip interruption insurance.
Our Take
Card Details
Earning Rewards
The Scotia Momentum Visa Infinite Card earns cash back at the following rates:
- 4% cash back for every $1 you spend on grocery store purchases, recurring bill payments, and subscription purchases.
- 2% cash back for every $1 you spend on gas purchases and daily transit purchases.
- 1% cash back on all other purchases with no cash back limit.
Rewards Value
Perks & Benefits
Here are the main benefits of the Scotia Momentum Visa Infinite Card:
- Car Rental Discounts: Save up to 25% off base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S. when you pay with your card.
- Visa Infinite Benefits: Visa Infinite* Concierge Service, Visa Infinite* Hotel Collection, Visa Infinite Dining and Wine Country program and more.
- Travel & Purchase Insurance: Trip Cancellation Insurance, Trip Interruption Insurance, Travel Emergency Medical Insurance, Flight Delay Insurance, Delayed and Lost Baggage Insurance, Travel Accident Insurance, Rental Car Collision Loss/Damage Insurance, New Mobile Device Insurance, Purchase Security, and Extended Warranty Protection.
Card Fees
Annual Fee
The Scotia Momentum Visa Infinite Card has a $120 annual fee.
Authorized User Fee
Adding authorized users to the Scotia Momentum Visa Infinite Card will cost you $50 per card per year.
Foreign Transaction Fee
The Scotia Momentum Visa Infinite Card has a foreign currency conversion fee of 2.5%. This means you will be penalized when using this card to make purchases that are not in Canadian Dollars.
Scotia Cash Back Calculator
Input your monthly and yearly spend amounts to estimate your earnings with the Scotia Momentum Visa Infinite card. Compare the results side by side up to two credit cards to find out which cards are best for you.
Any spend entered into the primary card column (the first column) will carry over to all credit card calculators on the site, so there's no need to re-enter spend when viewing other credit cards.
Card Details All links open in new tab (so you will not lose your calculations).
Edit Card Details
Edit Card Name
Set the name of the card to something of your choosing. Leave it blank to default back to normal card name.
Quick Assign
Use quick assign to quickly toggle this card on for Spend Categories in the calculator. If the card is already assigned, toggling off will set the category to No Selection.
Currency Codes
Any currencies you add to the tool will be selectable when entering spend into the Spend Categories section of the calculator.
Do note that any foreign currencies selected will automatically be converted to the card's default currency when calculating rewards.
Currency Name
Add Status / Loyalty
You can add elite status to one or more columns. This allows you to calculate the extra points you would receive from having status with that program.
If the status is already added, you can update the currency the status is based on by specifying a different currency than what the one in the calculator already has.
NOTE: Elite status is automatically added to the calculator for most credit cards that grant it.
Clear / Remove...
If you're looking to quickly assign cards to multiple categories, click on the card itself under the Credit Cards section.
Card Select
Select the card you will use for this category.
Do note that the order of the categories in the Category Spending section makes a difference. Spend is calculate by month in order of categories listed.
