Amazing Offer: Get up to 130,000 points ($650) with this Card!
Infinite

10% cash back with the Scotia Momentum® VISA Infinite* card

To the point

With this offer, get up to 10% cash back and the first year free with the Scotia Momentum® VISA Infinite* card!

Great offer for the Scotia Momentum® Visa Infinite* Card

The Scotia Momentum® VISA Infinite* card is one of the best cash back credit cards available in Canada. Here is the current offer for those who apply for this card before November 01, 2020:

  • Earn 10% Cash back on all purchases (up to $200) for the first 3 months
  • No annual fee for the first year (instead of $120), including on supplementary card (instead of $50 per supplementary card).

So, you only have to spend $2,000 on this card for the first 3 months to maximize this offer!

To learn more about maximizing this promotion, read this article!

Here are the general details about the card:

Cash back earning

With the Scotia Momentum® VISA Infinite* card, you earn 1% on all your purchases. However, an enhanced cash back rate is available on specific purchase categories:

4% on eligible recurring bill payments and grocery store purchases

The Scotia Momentum® VISA Infinite* card offers 4% cash back on recurring bill payments(car insurance, home, cellular, cable, internet…) as well as subscriptions to services (Netflix, Hello Fresh, Chefs plate, truLOCAL…).

But the most interesting thing is the fact that the Scotia Momentum® VISA Infinite* card offers 4% cash back for groceries!

In addition to the regular grocery purchases you make, you can also purchase gift cards for many other types of retailers with your Scotia Momentum® VISA Infinite* card and also get 4%.

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For example:

  • Amazon.ca
  • Gap / Old Navy / Banana Republic
  • La vie en rose
  • Netflix
  • App Store/ Google Store
  • SAQ

There are plenty of gift cards in grocery stores! Why not take advantage of it with a card offering great cash back like the Scotia Momentum® VISA Infinite* card?

2% on eligible gas station and daily transit purchases

The Scotia Momentum® VISA Infinite* card also offers 2% on eligible gas station and daily transit purchases or services like Uber.

Annual limit for the 2% and 4% categories

The annual limit on purchases for these two earning rates is $25,000 (just over $2,000 charged on the card each month).

Once you reach this limit, all purchases will yield 1% like your other purchases.

Insurance coverage

We’ve put together the key features of the Scotia Momentum® VISA Infinite* card insurance booklet.

This data is only informative. Please refer to the insurance booklet provided with the Scotia Momentum® VISA Infinite* card for details.

Travel Emergency Medical Insurance

As a Scotia Momentum® Visa Infinite* Card cardmember, you, your spouse and accompanying dependent children are each automatically covered for up to$1 million in emergency medical coverage if sudden and unexpected illness or accidental injury should occur while travelling outside your province or territory of residence in Canada. The date of departure is counted as the first day.

Coverage is provided for eligible persons under age 65 for up to 15 consecutive days.

If you are under age 65 and are travelling for more than 15 days, you may choose to purchase extension coverage from Scotia Assist prior to your departure.

Trip Cancellation and Trip Interruption Insurance

The Scotia Momentum® VISA Infinite* card protects your investment in your trip with travel interruption insurance offered at no additional cost.

You, your spouse, one travelling companion and your eligible dependent children travelling with you, are automatically insured. Each insured person has travel interruption insurance for up to $2,000 per person (maximum $10,000 per trip) when you charge at least 75% of each person’s trip expenses to your Scotia Momentum® Visa Infinite*Card and are forced to interrupt your trip for eligible medical or non-medical causes.

If you need travel cancellation insurance or additional travel interruption insurance since the value of your trip exceeds the specified amounts, call 1-888-677-7444. Once your insurance application is approved, you will receive an insurance policy outlining benefits, exclusions and restrictions.

Flight delay insurance

You may be reimbursed for eligible necessary and reasonable living expenses incurred during the period of a delayed flight or missed connection which lasts four hours or more, to a limit of $500 per Insured Person on the same trip. Simply charge at least 75% of each person’s trip expenses to your ScotiaMomentum® Visa Infinite*Card

Delayed and Lost Baggage Insurance

When you purchase common carrier tickets with your Momentum® Visa Infinite* Card, you are eligible for coverage against the loss or the delay of your checked luggage.

The lost luggage benefit is limited to the lesser of the value of the covered luggage or the actual replacement cost of the lost or stolen covered luggage, to a combined maximum of $500 for all insured persons on the same trip.

The carrier must first compensate you so that you can qualify for Scotia Momentum® VISA Infinite* card insurance.

The delayed luggage benefit is limited to $500 for all insured persons on the same trip for the cost of replacing eligible essential items if your checked luggage is not delivered within four (4) hours from your time of arrival at your final destination.

Travel Accident Insurance

You, your spouse and eligible dependent children will be automatically insured against accidental loss of life, or dismemberment – up to a maximum of $500,000 (to a maximum of $1,000,000 per occurrence). Coverage is in place while occupying a common carrier for which you have charged at least 75% of the ticket cost to your Scotia Momentum® Visa Infinite* Card, and which is licensed to carry passengers such as airplanes, cruise ships, trains or buses.

This insurance is valid for tickets issued by a licensed public carrier for any means of transportation such as aircraft, cruise liner, train or bus.

Rental Car Collision Loss/Damage Insurance

You’re protected against damage and theft when you rent a vehicle with your Scotia Momentum® VISA Infinite* card and you decline the agency’s collision damage waiver or loss damage waiver (or similar provision) and use your Card to pay for the rental.

Purchase Security & Extended Warranty Protection

Most items purchased anywhere in the world are automatically insured against theft, loss or damage as long as the full cost of the item is charged to your Scotia Momentum® Visa Infinite* Card.

Coverage extends for the first 90 days from the date of purchase and is limited to the lesser of the repair cost, replacement cost or original purchase price, and is in excess of any other insurance coverage.

When you charge the full cost of most items to your Scotia Momentum® VISA Infinite* card, extended warranty coverage doubles the original manufacturer’s warranty for up to one year. Items covered by a manufacturer’s warranty repair services of five years or more must be registered within the first year of purchase. Coverage is limited to the lesser of the repair cost, replacement cost, or original purchase price.

Under Purchase Security & Extended Warranty Protection, the guarantee limit is set at $60,000 for life.

Conclusion

If you prefer to get cash back rather than travel points, the Scotia Momentum® VISA Infinite* card is for you. It is the one that will offer you the most interesting cash back on the market in some purchase categories.

This 10% cash back bonus during the first three months (up to a maximum of $200) AND the first-year free make us say that it is the best time to apply for this card!

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