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. 

There are a few ways to apply for the Scotia Momentum Visa Infinite credit card. You can either go online, visit a Scotia bank branch, or call the Scotia Momentum Visa Infinite line. The process is very simple and only takes a few minutes to complete.

If you’re interested in the Scotia Momentum Visa Infinite benefits and would like to know more about its application process, follow the link below and we’ll show you how to apply for this product!