Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Sandra MacGregor, Young and ThriftyThe Scotia Momentum® Visa Infinite* card is hands-down one of the best credit cards to add to your wallet. When it comes to earning cash back on daily spending, this card just can’t be beat. Plus, as a welcome bonus, new cardholders earn 10% cash back on all purchases for the first 3 months (up to $...
- Steve Vesely, creditcardGeniusI like to eat – and have a lot of bills to pay. And for those two reasons alone the Scotia Momentum Visa Infinite Card card is the best card out there for those of us whose goal is to maximize the cash return from a credit card.
- Stephen Weyman, HowToSaveMoney.caThis card clearly has a lot of value for the average Canadian family. With high earnings on typical spending items like gas, groceries and bill payments, you’ll be able to rack up the cash back in no time. Pair it with a card like the Tangerine Money-Back Mastercard, and you’ll realize even greater...
- RateSupermarketA credit card chock-full of features that can help you save money and make your life easier in a number of ways. While it may not earn any actual travel rewards, it offers the opportunity for a lot of cash back if used to its full potential – cash back that you can use towards whatever you so please...
- Ratehub.caWith the highest rate of return on gas, groceries, recurring bills, and drugstore purchases, this is an ideal card for people who spend big in these categories — especially couples and families.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 20.99% |
| Balance Transfer Interest Rate | 22.99% |
| Cash Advance Interest Rate | 22.99% |
| Rates & Fees | |
| Annual Fee |
$120.00 Waived on the first year |
| Balance Transfer Fee | $5.00 |
| Cash Advance Fee |
$5.00
|
| Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
| Over Limit Fee | $29.00 |
| Late Payment Fee | $0.00 |
| Promotions | |
| Sign up bonus |
Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases) |
| Rewards | |
| All Purchases | 1% cash back |
| Restaurants | No |
| Gas | 2% cash back |
| Groceries |
4% cash back Includes grocery stores and supermarkets. |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills |
4% cash back On recurring bill payments |
| Additional Details |
|
| Features & Benefits | |
| Additional Card Holders |
Yes
|
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | Yes |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | No |
| No Foreign Transaction Fees | No |
| Emergency Assistance | Yes |
| Concierge Service | Yes |
| Price Protection | No |
| Fraud Protection | No |
| Free Credit Scores | No |
| Wireless Payments | Paywave, Apple Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
| Minimum Personal Income |
$60,000 per year |
| Temporary Residents | No |
| More | |
| Additional comments |
|
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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