Review: Scotia Momentum Visa Infinite Card

Posted October 2, 2013 - updated April 25, 2016 by CCC Staff in

Cash back cards are a great option for those financially-responsible, savvy-spender types. You know, the guy or gal who is never late with a payment, pays their credit card balance off each month, and uses their card for…well, everything.

Since cash back cards generally come with higher annual fees and interest rates, they’re better suited for those who consistently live within their means and pay on time. If you fall in this category you should consider switching to a premium cash back card. According to Moneysense, one of the top cash back cards in Canada is the Scotia Momentum Visa Infinite Card.

Higher Cash Back Rewards

Many cash back programs allow you to earn additional cash back rewards on purchases of gas, groceries, and at drug stores. However, these additional earnings are often only good for new cardmembers for a limited time. Depending on the card, you’ll see cash back earnings average anywhere from 1% to 5% cash back on selected purchases, with the higher earnings generally expiring after a few months.

The Scotia Momentum Visa Infinite Card offers one of the higher cash back programs we have found:

  • 4% on eligible gas station and grocery store purchases
  • 2% on drug store purchases and recurring bills
  • 1% cash back on all other eligible purchases

Worried that your 4% cash back will only be available at a few isolated stores? Don’t be. These significant cash back rewards are actually attainable, as all of these popular Canadian merchants qualify for the Scotia Momentum VISA Infinite Cash Back Rewards.

Keep in mind, you will only receive the 2% and 4% cash back rates on the first $25,000 you spend each year. After that, you will earn 1% cash back on purchases made after you have reached that annual spend maximum. Even if you happen to go over your annual max by spending more than $2,000 a month on groceries, gas, and drug store purchases, you’ll still be seeing a significant amount of cash back – $500 to $1000+ each year. Even with the earnings cap, this should still be an enticing offer for most consumers.

VIP Treatment, Premium Enhancements & Special Features

Not only does the Scotia Momentum Visa Infinite Card offer a higher rate of cash back rewards, it also gives cardholders best in class offers, VIP experiences, access to the inaccessible and easy-to-track rewards with Visa Infinite Enhancements.

  • Complimentary Concierge – Call your personal concierge desk any time, any day for help with almost any request. Need help planning the perfect romantic getaway? Want reservations at that upscale restaurant? Forgot to buy your wife an anniversary present? Your Visa Infinite Concierge can take care of all that for you, at no additional charge.
  • Luxury Hotels – Enjoy special access, unique benefits and VIP treatment at 800 of the world’s most prestigious properties when you book through the VISA Infinite Luxury Hotel Collection.
  • Gourmet Events & Dining – Dine with some of the most famous names in the food and wine industry in private and elegant settings. Enjoy sparkling wine receptions with hors d’oeuvres, multi-course meals with special wine pairings, and even opportunities to meet the host chef.
  • Rental Car Collision Insurance – You’ll receive Collision/Loss Damage (CLD) Insurance coverage when you rent most private passenger vehicles (for a period not to exceed 48 consecutive days), as long as you decline the rental agency’s coverage and pay in full with your Scotia Momentum VISA Infinite card. More Details
  • Scotia Momentum Visa Infinite Card: Cash Back & VIP Treatment For The Financially Savvy Average Joe

    We like to think of the Scotia Momentum Visa Infinite Cash Back Rewards Card as a premium card for the financially responsible, bourgeois individual, looking for lifestyle enhancements without an extravagant annual fee. While the $99 annual fee associated with this card is higher than other cash rewards cards, we still think there is a lot of value here with the card’s additional benefits.

    With this card, you will receive luxury treatment, sophisticated access AND serious cash back just for using your credit card to buy everyday items. If you are looking to maximize your cash back rewards, and want to experience the haut monde lifestyle without having to pay for it, then this is the card for you.