Scotia Momentum Visa Infinite Review

This card is designed to maximize savings on everyday purchases, making it a favorite among savvy shoppers and families.

The Scotia Momentum Visa Infinite is a premier cash back credit card that offers exceptional rewards and valuable benefits. One of the standout features of the Scotia Momentum Visa Infinite is its lucrative cash back program, which allows cardholders to earn generous cash back on various spending categories, including groceries, gas, recurring bills, and even drugstore purchases. This rewards structure makes it easy to earn substantial cash back on essential expenses.

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Scotia Momentum Visa Infinite

Earn 10% cash back Visa Infinite benefits

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In addition to its robust cash back program, the Scotia Momentum Visa Infinite offers premium perks that enhance the overall cardholder experience. With no annual fee for the first year and competitive benefits, the Scotia Momentum Visa Infinite is an excellent choice for individuals looking to earn rewards on everyday spending while enjoying valuable travel and lifestyle benefits.

Earning rewards

Earning rewards with the Scotia Momentum Visa Infinite Card is simple and rewarding. Here’s how you can maximize your cash back with this card:

• 4% Cash Back on Groceries and Recurring Bill Payments: Use your Scotia Momentum Visa Infinite Card for grocery shopping and recurring bill payments to earn a generous 4% cash back. This includes purchases at supermarkets, grocery stores, and payments for recurring services like utilities and subscriptions.
• 2% Cash Back on Gas and Transit: Earn 2% cash back when you use your card to pay for gas at eligible gas stations and for public transit expenses such as buses, trains, taxis, and rideshares. This category covers a wide range of transportation expenses, allowing you to earn rewards on everyday commuting and travel costs.
• 1% Cash Back on All Other Purchases: For all other purchases not covered under the specific categories above, you’ll still earn a solid 1% cash back. This includes purchases made at restaurants, retail stores, online shopping, and more.

By strategically using your Scotia Momentum Visa Infinite Card for different spending categories, you can earn cash back on essential expenses like groceries, gas, transit, and recurring bills, while also earning rewards on all other purchases.

Redeeming rewards

Redeeming rewards with the Scotia Momentum Visa Infinite Card is a straightforward process, with cash back rewards distributed once per year in November. Here’s how you can redeem your cash back:

• Automatic Deposit to Scotiabank Account: If you have a Scotiabank chequing or savings account, your cash back rewards will be automatically deposited into that account each November. This provides a convenient way to access and use your rewards directly within your Scotiabank banking relationship.
• Request to Apply to Credit Card Account: If you prefer to have your cash back rewards applied to your credit card account instead of being deposited into a Scotiabank account, you must submit a request by the October 15 deadline. This ensures that your cash back is used to offset your credit card balance effectively.
• Automatic Application to Credit Card Statement: For cardholders who do not have a Scotiabank chequing or savings account or who do not submit a request by the deadline, the cash back reward will be automatically applied to their credit card statement. This helps reduce the outstanding balance on the credit card, providing a practical benefit of lowering overall debt.

It’s important to note that certain conditions apply to redeeming cash back rewards with the Scotia Momentum Visa Infinite Card. If you close your credit card account before the November payout or if your account falls out of good standing as defined by Scotiabank, you may forfeit your accumulated cash-back rewards for the year.

Benefits of Scotia Momentum Visa Infinite

• Bonus cash back

Unlock an incredible opportunity to boost your savings with 10% cash back on all purchases during the first 3 months—up to $2,000! This limited-time offer is your chance to maximize rewards and get a fantastic return on every dollar you spend, making every purchase feel even more rewarding.

• Mobile Device Insurance

The Scotia Momentum Visa Infinite Card also includes Mobile Device Insurance, providing coverage for eligible mobile devices against theft or accidental damage. This valuable benefit offers peace of mind to cardholders who use their mobile devices regularly, ensuring protection and financial reimbursement in case of unexpected incidents.

• Concierge services

This feature offers cardholders personalized assistance for travel planning, dining reservations, event tickets, and more. Whether you need help booking a restaurant or arranging a special experience, the Concierge service is available to assist you, making your life easier and enhancing your overall cardholder experience.

• Travel insurance coverage

The Scotia Momentum Visa Infinite Card offers 11 types of insurance coverage, providing comprehensive protection for travel emergencies, trip interruptions/cancellations, baggage issues, rental car damage, purchase security, extended warranties, price protection, and more.

• Annual fee waived every year

By signing up for the Scotiabank Ultimate Package, you can have the $120 annual fee waived, including on additional cards. Although the Ultimate Package includes a $30.95 monthly fee, this can also be waived by maintaining a minimum daily balance of $5,000 in your account. This option provides a fully loaded bank account with premium benefits and eliminates the need to pay an annual credit card fee.

• Visa Infinite benefits

Despite being a cash back credit card, the Scotia Momentum Visa Infinite Card offers additional travel benefits typically associated with Visa Infinite cards. These benefits include access to the Visa Infinite Luxury Hotel Collection, participation in the Visa Infinite Dining series, and opportunities for Visa Infinite Wine tasting events. This card provides a versatile combination of cash back rewards and exclusive travel perks, enhancing the overall value and experience for cardholders.

Who can apply?

To apply for the Scotia Momentum Visa Infinite credit card, ensure you meet the following requirements:

1. Age Eligibility:
   • Applicants must be at least 18 years old.
2. Income Criteria:
   • A minimum annual income is required. Verify that your income meets the specified threshold for this credit card.
3. Credit History:
   • A good credit history enhances your chances of approval. Ensure your credit score aligns with the card’s eligibility criteria.
4. Residential Status:
   • Applicants typically need to be residents of the United States. Confirm your eligibility based on your residential status.

How to apply?

Applying for a Scotia Momentum Visa Infinite credit card is easier than you think:

1. Go to the Scotianbank website and look for Scotia Momentum Visa Infinite credit card
2. Click on Apply Now
3. Read Terms and Conditions
4. Fill your personal and financial details
5. Submit your application

FAQs – Scotia Momentum Visa Infinite Credit Card

How can I check the status of my credit card application?

You can check your application status by logging into your online banking account or by contacting Scotia Bank’s customer service.

Are there any foreign transaction fees associated with this credit card?

Review the terms and conditions for information on foreign transaction fees. Some credit cards may have fees for transactions made in foreign currencies.

CREDIT CARD

Scotia Momentum Visa Infinite

Earn 10% cash back Visa Infinite benefits

Access everything you need with a credit card

APPLY NOW You will be redirected