cash-back4.5 / 5

Scotia Momentum Visa Infinite + Card

Scotiabank

Best for

Households with large grocery and bill spending who want maximum cash back.

Apply on Scotiabank

Annual fee

$120

FX fee

2.5%

Purchase APR

20.99%

Income req.

$60,000 personal / $100,000 household

Recommended credit score

725+

Approval difficulty

Hard approval

VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.

Our verdict

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.

Reward 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 bonus

~$420 value

15% cash back on first $2,000 in purchases (up to $300) plus first-year annual fee waived ($120 value)

Requirement: 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

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

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

Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.

Written by

The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“Scotia Momentum Visa Infinite + Card Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/scotia-momentum-visa-infinite, updated June 2026.

Sources

Scotiabank cardholder agreement and rates & fees disclosure
VaultNerd cards database