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...
- Simon Ikuseru, WalletBlissThe Scotia Momentum Visa Infinite Card has positioned itself as one of the best credit cards in Canada with competitive cashback, comprehensive insurance, and exclusive benefits. If these are some of the features you need in a credit card, then you can’t make the wrong choice with this card. But if...
- Rachel Cribby, Wealth RocketIt’s clear as day why the Scotia Momentum Visa Infinite card is highly regarded as one of the best credit cards in Canada. With high cashback potential and a healthy offering of customer perks, this card is hard to beat. This fact is especially true if you or your household spends the majority of yo...
- Victor, Yore OysterThe Scotiabank Momentum Visa Infinite Card provides valuable benefits to cardholders, especially those who often spend more on groceries and recurring bills. Although it earns points from other purchases, the earn rate you can get is lower. Moreover, it's an excellent credit card with solid insuranc...
- Clay Jarvis, NerdWalletThe Scotia Momentum Visa Infinite Card is a cash-back credit card that offers a few perks usually associated with travel rewards cards. Cardholders earn cash back on every purchase, while the Visa Infinite program provides access to exclusive hotel, dining and wine experiences.
- Miguel R. Quiñones, AwardWalletFor Canadian residents interested in a credit card that allows you to maximize cash back earnings, the Momentum Infinite is an excellent product, especially if you tend to spend a lot on grocery stores and gas stations. The Visa Infinite benefits provided alone can make the annual fee worth it and w...
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 |
|
| 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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