Guru Pickcash back

Scotia Momentum® Visa Infinite +* Card

Name: Scotia Momentum® Visa Infinite +* Card
Brand: Scotiabank

4.5

Welcome bonus

Earn 15% cash back in the first 3 months. Up to $300 cash back*

4% groceries — $25,000 combined annual spend cap with recurring payments
4% recurring bill payments
2% gas & ev charging — $25,000 combined annual spend cap with transit, rideshare and food delivery

Annual fee: ~~$120~~ $0
Interest rates: Purchases
20.99%
Cash advances
22.99%
Balance transfers
22.99%
Foreign transactions: 2.5%

Rated by the CreditCardGuru Editorial Team

Canada's perennial best-cash-back-card winner: 4% on groceries and recurring payments plus strong insurance easily outearns the annual fee for most families.

At a glance

Annual fee: ~~$120~~ $0
Welcome bonus: $300
Foreign tx fee: 2.5%
Network: VISA
Rewards: cash back
Purchase APR: 20.99%

Rewards & earn rates

Groceries$25,000 combined annual spend cap with recurring payments	4%
Recurring bill payments	4%
Gas & EV charging$25,000 combined annual spend cap with transit, rideshare and food delivery	2%
Transit, rideshare & food delivery	2%
Everything else	1%

Welcome offer: Earn 15% cash back in the first 3 months. Up to $300 cash back* (Earn 15% on up to $2,000 in everyday purchases in the first 3 months. Offer for accounts opened May 1 - Nov 1, 2026).

Pros & cons

Pros

Top-tier 4% on groceries and recurring bills
Multi-year winner of best cash back card awards
Anytime redemption and full insurance package

Cons

$120 annual fee after the first year
$25,000 caps on each accelerated tier
2.5% foreign transaction fee

Perks & insurance

Key perks

4% cash back on groceries and recurring payments
Redeem cash back anytime ($25 minimum) - no waiting for an annual payout
Mobile device insurance included
Visa Infinite dining, hotel and concierge privileges
Up to 7 cents/L in fuel savings at Shell

Insurance

Travel emergency medical insurance
Trip cancellation and trip interruption insurance
Flight delay insurance
Delayed and lost baggage insurance
Rental car collision/loss damage insurance
Mobile device insurance
Purchase security and extended warranty protection

Rates & fees

Annual fee: ~~$120~~ $0
Purchase interest: 20.99%
Cash advance: 22.99%
Foreign transactions: 2.5%
Min. personal income: $60,000

First year waived, including additional cards (offer for accounts opened May 1 - Nov 1, 2026).

Compare Scotia Momentum® Visa Infinite +* Card with…

vs CIBC Dividend Visa Infinite Card vs Wealthsimple Credit Card

Last updated August 12, 2026Reviewed by CreditCardGuru Editorial Team

Terms & conditions

Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but Scotiabank can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on Scotiabank's own website before you apply.

Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and Scotiabank's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.

This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.

How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.

CreditCardGuru is not affiliated with Scotiabank. Trademarks belong to their respective owners.

Similar cards to consider

Guru Pick CIBC

CIBC Dividend Visa Infinite Card

4.5·Households with heavy grocery and gas spend who want maximum cash back.

Annual fee: ~~$120~~ $0
Welcome bonus: $350
Top reward: 4% groceries

4% on gas and groceries is among the highest in Canada
Strong 2% middle tier covers dining, transit and bills

Suggested score 720+ · Excellent credit

Apply now View details

Guru Pick Wealthsimple

Wealthsimple Credit Card

4.4·No-fee, no-FX everyday cash back — especially for Wealthsimple clients

Annual fee: No annual fee
Top reward: 1% everything

Rare no-fee card with no FX fees
Flat 1% on everything, auto-invested

Suggested score 660+ · Good credit

Apply now View details

No FX fee

Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.

Written by

CreditCardGuru Editorial Team

Rewards & Cards Research

Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.

200+ Canadian cards tracked
Transparent rating methodology
Updated continuously

Cite this page

“Scotia Momentum® Visa Infinite +* Card Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/scotia-momentum-visa-infinite, updated August 12, 2026.