Credit Cards

Scotia Momentum® Visa Infinite credit card full review

Scotia Momentum® Visa Infinite is an award-winning cash back card with no annual fee in the first year. Keep reading to learn all about it!

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by Aline Augusto

Published on 12/03/2021

Scotia Momentum® Visa Infinite credit card

Scotia Momentum® Visa Infinite card review. Source: Scotiabank®.
Scotia Momentum® Visa Infinite card review. Source: Scotiabank®.

Check out our Scotia Momentum® Visa Infinite card review to learn more about this great financial product!

So, this credit card won awards from 2019 to 2021 as the best cash back rewarding card on the market.

That is because it offers you up to 4% cash back on your daily purchases, including subscriptions like Netflix.

Also, it features a special offer: a $0 annual fee for the first year.

Keep reading to learn more!

Credit ScoreGood – Excellent
Annual Fee$120 (free in the first year)
Regular APRFrom 20.99% to 22.99%
Welcome bonusN/A
RewardsUp to 4% cash back
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How to get a Scotia Momentum® Visa Infinite card?

The Scotia Momentum® Visa Infinite credit card features cash back and no annual fee in the first year. Learn how to apply for it right now!

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How does the Scotia Momentum® Visa Infinite credit card work?

This special Visa card features one of the best rates in cash back rewards, as follows:

  • 4% cash back on eligible grocery and supermarkets purchases;
  • 4% cash back on eligible recurring bill and subscription payments;
  • 2% cash back on eligible gas purchases;
  • 2% cash back on eligible daily transit purchases;
  • 1% cash back on all other purchases.

You can redeem this reward each November, with no limit.

Also, this Scotia Momentum® Visa Infinite card offers a full range of benefits that includes: travel and mobile insurance, Visa special events, 24/7 Concierge Services, extended warranty, and more.

Considering all the card offers annual fee seems reasonable. Also, it is free in the first year, including supplementary cards.

Scotia Momentum® Visa Infinite credit card benefits

See what are the benefits of Scotia Momentum® Visa Infinite credit card. Source: Pixabay.
See what are the benefits of Scotia Momentum® Visa Infinite credit card. Source: Pixabay.

Scotia Momentum® Visa Infinite might be the right choice for you if you are a Canadian looking for a credit card that provides cash back on all purchases.

You can earn up to 4% cash back on your daily payments and with no annual fee in the first year.

But note that after this period, you will pay $120 annually.

Also, note that the regular APR varies from 20.99% to 22.99% on purchases and balances.

On the contrary, the credit card offers travel and telephone insurance, some Visa experiences, privileges and events, concierge service, and more.

So, the fees end up being reasonable considering all the benefits.

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Pros

  • No annual fee in the first year
  • Up to 4% cash back
  • Visa Dining & Music Series
  • Hotel Privileges
  • 24/7 concierge services
  • Travel, baggage delay & loss insurance
  • Car rental insurance
  • Extended warranty
  • Travel medical and travel accident insurance

Cons

  • Annual fee 
  • Requires minimum income
  • Requires good-perfect credit score

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How good does your credit score need to be?

If you want to apply for this card, you should first check the requirements, as follows:

  • At least a good credit score, and
  • $60,000 per year minimum income, or
  • $100,000 minimum household income, or
  • $250,000 minimum assets.

How to apply for a Scotia Momentum® Visa Infinite credit card?

If you check all the requirements above, you can now apply for this Visa. So, learn how to do it by reading the post below.

Logo Scotiabank fundo branco

How to get a Scotia Momentum® Visa Infinite card?

The Scotia Momentum® Visa Infinite credit card features cash back and no annual fee in the first year. Learn how to apply for it right now!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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