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The Scotia Momentum® Visa Infinite+* Card is back with a particularly generous welcome offer, and it now comes with several major improvements introduced in February 2026. Between the instant cash back from $25 and the addition of new 2% categories, this card ranks among the best cash back credit cards in Canada. You currently get 15% cash back on all purchases during the first 3 months. To stay on top of credit card news, subscribe to our newsletter.
With the Scotia Momentum Visa Infinite+ Card, you now get these cash back rates (updated in February 2026):
For example, if you spend $1,000 per month on groceries or recurring payments, you will earn $40 in cash back per month, or $480 per year, with this card, for this single category of purchases. And that is without counting the other purchases you make with this card and the benefits it offers, notably its excellent travel insurance coverage.
If you are a tenant, you could, for example, use the Scotia Momentum Visa Infinite+ Card on the Chexy website to pay your rent and earn 4% cash back. To go further, check out our comparison: CIBC Dividend Visa Infinite vs Scotia Momentum Visa Infinite.
So all you have to do is spend $2,000 on this card during the first 3 months to maximize this promotion. However, let’s look together at how exactly this 15% cash back works and why it is particularly attractive.
The 15% cash back applies to the first $2,000 in purchases charged to your card within the first 3 months. In fact, this cash back rate is divided into two parts:
In addition, thanks to the new redemption policy, you no longer have to wait until November to enjoy your normal cash back. However, the bonus-rate cash back follows its own payment schedule announced by Scotiabank.
During the first 3 months, it is in your best interest to use your Scotia Momentum® Visa Infinite+* Card in merchant categories with a 1% rate, that is, excluding groceries, gas stations, transit or food delivery. Indeed, this is where the 14% bonus has the most impact.
Here is a comparison table for $2,000 in purchases by merchant category:
Members of the Milesopedia Facebook group had a very relevant remark. Indeed, by buying $2,000 worth of Shop Cards on Costco.ca (which accepts Visa cards, unlike the warehouses) with the Scotia Momentum® Visa Infinite+* Card, you maximize this welcome bonus.
It’s as if your first $2,000 spent at Costco earned you $300, or a 15% rebate.
For those who want to use this card throughout the year, and not only for the 15% welcome bonus, it is a very attractive card thanks to its enhanced 2026 earn rates:
Since it is a Visa card, you will have no difficulty using it at your favourite merchants. Moreover, you can enjoy rates as attractive as those offered by the Scotiabank Gold American Express® Card or the American Express Cobalt® Card.
Are you a tenant? In our opinion, the best use of the 4% cash back is for rent payments, one of the largest expenses in a budget. Thanks to Chexy, it is now possible to earn rewards on your rent. This Canadian company lets you pay your rent by credit card, and then Chexy handles the monthly Interac transfer sent to your landlords.
This way you:
Without counting the increased cash back from the welcome offer, this represents $405 in cash back per year on a monthly rent of $1,500.
Since February 1, 2026, Scotiabank has made two major changes to all of its Momentum cards. First, instant cash out from $25 replaces the annual wait until November. So you can cash out your rewards whenever you like, through the Scotia app or Scotia online. Second, several categories were added or enhanced across the lineup. For the other recent improvements, also read Scotia Visa Infinite+: Free GigSky Data and 2026 Updates.
With its enhanced welcome offer and its 2026 updates, the Scotia Momentum® Visa Infinite+* Card is more attractive than ever. By applying now, you benefit from all of the following:
Then, you are free to keep this credit card in your wallet for an additional year or opt for another cash back credit card. To compare all the options on the market, check out our best credit cards page in Canada.
Savings this way:
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