CIBC Dividend Visa Infinite Card vs Scotia Momentum® Visa Infinite +* Card
The short answer: for most people the CIBC Dividend Visa Infinite Card is the better overall card — we rate it 4.5/5 and it shines if you want households with heavy grocery and gas spend who want maximum cash back.. Choose the Scotia Momentum® Visa Infinite +* Card instead if your priority is households with large grocery and bill spending who want maximum cash back..
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| Our rating | 4.5 | 4.5 |
|---|---|---|
| Annual fee | $120/yr | $120/yr |
| Welcome bonus | $350 | $300 |
| Foreign transaction fee | 2.5% | 2.5% |
| Rewards type | cash back | cash back |
| Top earn rates |
|
|
| Purchase interest | 21.99% | 20.99% |
| Income required | $60,000 personal | $60,000 personal |
| Best for | Households with heavy grocery and gas spend who want maximum cash back. | Households with large grocery and bill spending who want maximum cash back. |
| Apply now | Apply now |
CIBC Dividend Visa Infinite Card
Our winnerCIBC's best card for most people — the 4% grocery/gas rate and broad 2% categories outpace nearly every competitor, easily justifying the fee for typical family spending.
Scotia Momentum® Visa Infinite +* Card
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.
Frequently asked questions
Is the CIBC Dividend Visa Infinite Card or the Scotia Momentum® Visa Infinite +* Card better?
For most Canadians, the CIBC Dividend Visa Infinite Card is the better overall pick (we rate it 4.5/5 vs 4.5/5). It's especially strong if you want households with heavy grocery and gas spend who want maximum cash back.. The Scotia Momentum® Visa Infinite +* Card can still win if you specifically want households with large grocery and bill spending who want maximum cash back..
Which card has the lower annual fee?
Both cards have a $120 annual fee.
Do either of these cards charge foreign transaction fees?
CIBC Dividend Visa Infinite Card: 2.5% foreign transaction fee. Scotia Momentum® Visa Infinite +* Card: 2.5% foreign transaction fee.