Note: Some information in this post might be outdated. For the most current documentation and updates, please refer to the product’s original page.

The Scotia Momentum Visa Infinite credit card is a top-of-the-line rewards card that offers a generous sign-up bonus and high cash back rates for groceries and recurring bills. The $120 annual fee is waived during the first year of membership, making it a great option for those looking to get their feet wet in the world of rewards cards.

If you want to learn more about its features, as well as perks and potential drawbacks, read on for our full Scotia Momentum Visa Infinite review!

Issued by Scotiabank, the card has a Visa Infinite signature with wordwide acceptance. Its $120 annual fee is waived during the first year of card membership. The card has no introductory APR period, and the interest rate for purchases is 20.99%. New cardholders get a 10% cash back bonus up to $2000 on purchases within the first 90 days.

With this card, you get a 4% return on groceries and recurring payments, like streaming services. There is a 2% cash back rate for gas and daily transit expenses, and 1% unlimited cash back on all other purchases. 

Even though the Scotia Momentum Visa Infinite benefits don’t include many travel-related benefits, its Visa Infinite signature provides all clients with a comprehensive list of travel insurances and complimentary perks. With it, you can enjoy 24/7 concierge services and Luxury Hotel Privileges when traveling anywhere Visa is accepted. 

The main drawback to this card is that all cash back earned is redeemable once a year. This could become an issue for new clients who’d like to use their bonus points to help cover expenses.

This credit card offers some of the high cash back rates in Canada. However, like all credit products it also has a few disadvantages that might not appeal to all new customers. Check its pros and cons below in our Scotia Momentum Visa Infinite review so you can decide if it’s the right fit for your needs. 

The Scotia Momentum Visa Infinite credit card is geared towards those with excellent credit scores, so your credit score will likely need to be in good shape before you’ll be approved. You’ll also need to fill Scotiabank’s minimum income requirements to become eligible for this card. 

The Scotia Momentum Visa Infinite card is a great option for those looking to get a high cash back rate on their groceries and recurring bills. This card has a $120 annual fee that is waived during the first year, and you also get 2% cash back on gas and daily transit expenses.

You can also earn 1% unlimited return on all other purchases. Cash back can be redeemed once a year, so make sure you plan ahead! There is no 0% APR intro period, but the interest rates on purchases are relatively low at 20.99%.

If you’re interested in this card, keep reading for the application process and start earning rewards on your everyday purchases!

To apply for the Scotia Momentum Visa Infinite card, you need to be a Canadian citizen or a permanent resident of Canada. You must also meet the age requirement, which is 18 years or older. The last step is to have a valid Social Insurance Number.

Once you’ve gathered all the required information, you can start the online application process. The first step is to enter your personal information, including your name, date of birth, and email address. The next step is to provide your contact information. This includes your home address, phone number, and Social Insurance Number. You will also be asked to choose a password for Scotia Online Banking.

Then, you’ll need to enter your employment information. This includes your employer’s name, address, and phone number. You will also need to provide your gross annual income. After that, you have to provide information about your education and employment history.

The last step is to review all the information you’ve provided and make sure it’s accurate. Once you’re happy with the information, you can submit your application.

Scotia Bank recently updated their Scotia Momentum Visa Infinite card mobile app, making the application process even easier. You can now apply for the card within minutes using your smartphone or tablet. The app is available for both Android and iOS devices.

To apply for the Scotia Momentum Visa Infinite card via the mobile app, first you need to download the Scotia Bank app from the App Store or Google Play. Then, log in using your Scotia Online Banking username and password.

Click on the “Credit Cards” tab and then select “Apply for a Credit Card”. Fill in the form with your personal and financial information and click on “submit”. 

If after reading all the features, perks, and drawbacks of the Scotia Momentum Visa Infinite card you’re still unsure if it’s the best choice for your wallet, it’s okay. We have another option ready for you!

The BMO World Elite Mastercard is an excellent alternative for a cash back credit card. It offers a generous welcome bonus and its annual fee is also waived during its first year. Check the comparison between the two cards and follow the link below if you want to learn about the application process.