Cash BackVisa

Scotia Momentum Visa Infinite Card

Scotiabank

Top cash back card with 4% on groceries and recurring bills, exceptional welcome offers, and comprehensive insurance.

The Scotia Momentum Visa Infinite Card is a Scotiabank Visa card with a $120 annual fee. It earns 4% cash back on Groceries & recurring bill payments (bills, subscriptions). Listed welcome offer value: Up to $300 cash back + fee waiver.

Last updated October 9, 2026Source: issuer page

Key facts

Annual fee: $120
Purchase interest rate: 20.99%
Cash advance rate: 22.99%
Earn rates: 4% cash back on Groceries & recurring bill payments (bills, subscriptions); 2% cash back on Gas, EV charging, daily transit (bus/taxi/rideshare), food delivery; 1% cash back on All other purchases
Welcome offer: Up to $300 cash back + fee waiver
Foreign transaction fee: 2.5%
Income requirement: $60,000 personal, or $100,000 household

How this score is calculated

Formula

Net annual value(50%)5.0
Welcome bonus(15%)3.8
Foreign transaction fee(10%)2.5
Insurance & perks(15%)4.4
Purchase interest rate(10%)3.0

What are the fees and rates?

Verified 2026-10-09

Annual Fee

$120

Additional card: $50

Purchase Interest Rate

20.99%

Cash advance: 22.99%

Minimum Income

$60,000 personal

or $100,000 household

Foreign Transaction Fee

2.5%

What rewards does this card earn?

The Scotia Momentum Visa Infinite Card earns 4% cash back on Groceries & recurring bill payments (bills, subscriptions).

Groceries & recurring bill payments (bills, subscriptions)

4% cash back

Gas, EV charging, daily transit (bus/taxi/rideshare), food delivery

2% cash back

All other purchases

1% cash back

Is there a welcome offer?

Yes. The listed welcome offer value is Up to $300 cash back + fee waiver.

15% cash back on first $2,000 of purchases in first 3 months (up to $300), 0% balance transfer for 12 months (2% fee), first-year annual fee waived

Value: Up to $300 cash back + fee waiver

Account must be opened July 2 - November 1, 2026. Not for current/past-2-year Scotiabank personal credit card holders.

Pros

Industry-leading 4% on groceries and recurring bills
15% cash back welcome offer (up to $300)
0% balance transfer for 12 months
No annual fee first year
Mobile device insurance included

Cons

$120 annual fee after first year
Minimum credit limit $5,000

What perks are included?

4% on groceries and recurring bills
0% intro balance transfer rate for 12 months (2% fee)
Up to 7¢/L value at Shell stations
Visa Infinite Concierge, Hotel Collection, culinary experiences
GigSky data benefit

What insurance is included?

Travel Emergency Medical

Trip Cancellation/Interruption

Flight Delay

Delayed/Lost Baggage

Travel Accident

Rental Car Insurance – Collision

Mobile Device Insurance

Purchase Security & Extended Warranty

Frequently asked questions

What is the annual fee on the Scotia Momentum Visa Infinite Card?

The Scotia Momentum Visa Infinite Card has a $120 annual fee.

What rewards does the Scotia Momentum Visa Infinite Card earn?

4% cash back on Groceries & recurring bill payments (bills, subscriptions); 2% cash back on Gas, EV charging, daily transit (bus/taxi/rideshare), food delivery; 1% cash back on All other purchases

What is the purchase interest rate on the Scotia Momentum Visa Infinite Card?

The purchase interest rate is 20.99%. The cash advance rate is 22.99%.

Is there a welcome offer on the Scotia Momentum Visa Infinite Card?

15% cash back on first $2,000 of purchases in first 3 months (up to $300), 0% balance transfer for 12 months (2% fee), first-year annual fee waived Listed value: Up to $300 cash back + fee waiver.