Exceptional offer: 15% cash back and First Year Free with the Scotia Momentum Visa Infinite +* Card
Scotia Momentum® Visa Infinite+* Card
The Scotia Momentum® Visa Infinite+* Card is recognized, year after year, as one of the best cash back credit cards in Canada. Milesopedia even named it the best cash back credit card of 2026.
Right now, thanks to this promotional offer, the Scotia Momentum Visa Infinite+ Card has no annual fee in the first year, including on additional cards. And you can get 15% cash back on all your purchases for the first three months (on up to $2,000 in total purchases).
It also includes a handy new perk for travellers: enjoy 10 GB of free GigSky global mobile data for 15 days, plus access to Travel Essentials to use essential apps like messaging, maps and email while you travel. Cardholders also continue to receive 1 GB of free GigSky mobile data per year, plus a 20% discount on future GigSky purchases.
With the Scotia Momentum Visa Infinite+ Card, you get:
- 4% cash back on grocery store purchases and recurring payments
- 2% cash back on gas, public transit, rideshare and food delivery purchases
- 1% cash back on all other purchases
For example, if you spend $1,000 per month on groceries and/or recurring payments, you’ll earn $40 in cash back per month, or $480 per year, with this card, for this purchase category. And that’s not counting the other purchases you’ll make with this card and the benefits it offers (including its excellent insurance coverage).
If you rent, you could for example use the Scotia Momentum Visa Infinite Card on the Chexy website to pay your rent and earn 4% cash back.
Also note that you can redeem your cash back at any time (your cash back balance must be at least $25).
- Annual fee
- $0 $120No annual fee the first year
- No annual fee the first year
- Our valuation
- $420Milesopedia first-year estimate First-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Milesopedia first-year estimateFirst-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Welcome offer
- Up to $300
- + First Year Annual Fee Rebate
- Ends Nov 1, 2026
on Scotiabank's website
Redeem Your Cash Back Anytime with Momentum Cards
As of February 1, 2026, you can redeem your cash back rewards as soon as your balance reaches $25, via the Scotia app or Scotia online. This enhancement applies to all cards in the Momentum lineup:
Previously, cardholders had to wait until November each year to automatically receive their cash back with no option to redeem at will.
Cash Back Earning
With the Scotia Momentum® Visa Infinite +* Card, you can earn 1% cash back on all your purchases. However, an accelerated cash back rate is offered on certain spending categories:
4% On Groceries and Recurring Payments
With the Scotia Momentum® Visa Infinite +* Card, you get 4% cash back on recurring bill payments (auto, home, cell phone, cable, internet insurance, etc.) as well as service subscriptions (Netflix, Hello Fresh, Chefs Plate, truLOCAL, etc.).
But the most interesting part is that you can get 4% cash back on grocery purchases with the Scotia Momentum® Visa Infinite +* Card!
In addition to your regular grocery purchases, you can also buy gift cards for many other types of businesses with your Scotia Momentum® Visa Infinite +* Card and also get 4% cash back.
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 them with a card that offers great cash back like the Scotia Momentum® Visa Infinite +* Card?
2% On Gas and Daily Transit
With the Scotia Momentum® Visa Infinite +* Card, you get 2% cash back on gas and public transit, as well as services like Uber.
Annual Purchase Limit for the 2% and 4% Categories
The annual purchase limit for these two reward rates is $25,000 (which is a little over $2,000 charged to the card each month).
Once this limit is reached, all purchases will earn 1% like your other purchases.
Potential cash back in year one
The $25,000 cap applies only to the 2% and 4% categories. Other purchases therefore keep earning 1% with no limit. Here is a profile calibrated to fill that cap exactly, with 68% of spending in the 4% categories:
| Category | Rate | Annual spending | Cash back |
|---|---|---|---|
| Groceries | 4% | $14,400 | $576 |
| Recurring payments and subscriptions | 4% | $6,000 | $240 |
| Gas, transit, rideshare and food delivery | 2% | $4,600 | $92 |
| Subtotal under the cap | – | $25,000 | $908 |
| All other purchases (outside the cap) | 1% | $5,000 | $50 |
| Total | – | $30,000 | $958 |
On top of that ongoing cash back come the welcome promotion and the rebated annual fee. Here is the full first-year picture:
| Value source | Detail | Value |
|---|---|---|
| Cash back earned at regular rates | $30,000 in purchases | $958 |
| Uplift from the 15% promotion | First 3 months, $2,000 max | $236 |
| Annual fee rebated | 1st year, supplementary cards included | $120 |
| Total in the first year | – | $1,314 |
Insurance Coverage
We have compiled the main features of the Scotia Momentum® Visa Infinite +* Card‘s insurance booklet.
Travel Medical Insurance
The primary cardholder, their spouse, and accompanying dependent children automatically benefit from
up to $1 million in insurance coverage
each in the event of medical emergencies resulting from an unpredictable illness or accident occurring during a trip outside their province or territory of residence in Canada. The date of departure is counted as the first day.
Coverage is automatically provided to individuals under 65 years of age for a period of up to 15 consecutive days.
If you are under 65 and traveling for more than 15 days, you can purchase a travel insurance extension from Scotia Assistance.
Trip Cancellation and Trip Interruption Insurance
The Scotia Momentum® Visa Infinite +* Card helps protect your travel investment with trip 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 receives trip interruption insurance of up to $2,000 (maximum $10,000 per trip) provided you charge at least 75% of your trip cost to your Scotia Momentum® Visa Infinite +* Card.
Should you need to cancel your trip, you, your spouse, and your dependent children are eligible for up to $1,500 per person (up to $10,000 per trip) for travel expenses when you charge at least 75% of the travel expenses to your Scotia Momentum® Visa Infinite +* Card.
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 all eligible reasonable living expenses incurred due to a flight delay of at least four (4) hours or a missed connection resulting in a waiting period of at least four (4) hours, up to $500 per trip for all insured travelers. Simply charge at least 75% of the full cost of your tickets to your Scotia Momentum® Visa Infinite +* Card.
Delayed and Lost Baggage Insurance
When you pay for tickets issued by a common carrier with your Scotia Momentum® Visa Infinite +* Card, you are eligible for lost or delayed checked baggage insurance.
Compensation for lost baggage is limited to the replacement cost of the covered baggage or the cash value at the time of loss (up to $500).
The carrier must first compensate you for you to be eligible for compensation under the Scotiabank 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.
Common Carrier Travel Accident Insurance
When you pay at least 75% of the full cost of your tickets with a common carrier using your Scotia Momentum® Visa Infinite +* Card, you, your spouse, and your dependent children automatically receive accidental death and dismemberment insurance of up to $500,000.
This insurance applies to tickets issued by a licensed public carrier for any mode of transportation, such as an airplane, cruise ship, train, or bus.
Rental Car Collision Loss/Damage Insurance
You are protected against damage and theft if you pay in full for vehicle rental charges with your Scotia Momentum® Visa Infinite +* Card and decline the collision damage waiver or loss damage waiver (or any similar provision) offered by the agency at the time of rental agreement.
New Mobile Device Insurance
By charging the purchase of your mobile devices to your Scotia Momentum® Visa Infinite +* Card, you can be covered for up to $1,000 if your cell phone, smartphone, or tablet is lost, stolen, accidentally damaged, or suffers a mechanical failure.
Purchase Security Extended Warranty Protection
Purchase security applies to almost all personal items purchased anywhere in the world that have been stolen, damaged, or lost – provided the purchases were fully paid with your Scotia Momentum® Visa Infinite +* Card.
The insurance applies for a period of 90 days from the date of purchase and is in addition to any other insurance.
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.
Scotia Momentum Visa Infinite – Our review
We have followed the Scotia Momentum Visa Infinite card for years, and Milesopedia named it best cash back credit card in 2026.
The 4% on groceries remains the best rate on the Canadian market for that category. The genuinely underrated perk, however, is the 4% on recurring payments: insurance, mobile, internet, subscriptions. Those are fixed costs that most cards pay 1% on.
Since February 2026, one irritant has gone: cash back can be redeemed at any time from $25, instead of waiting for November. That reads as a minor change, but it moves the card closer to true cash back than to an annual credit.
The real limit is still the $25,000 annual cap on the accelerated categories. Beyond it everything drops to 1%, which caps annual cash back at around $950.
Who is this card for?
- Families: 4% on groceries is the highest rate on the Canadian market for that category.
- Anyone with heavy fixed costs: insurance, mobile, internet and subscriptions all count at 4%.
- Anyone who dislikes points programs: the reward is cash, with no conversion and no expiry to track.
- Gift card buyers: bought at a grocery store, they also earn 4%, which extends the rate to other merchants.
- High spenders: beyond $25,000 a year in the accelerated categories, everything drops to 1%.
- Frequent travellers: no airport lounge access, and foreign transaction fees stay at 2.5%.
- Anyone chasing maximum value: cash back can never exceed its face value, unlike travel points used well.
- Travellers aged 65 and over: the automatic medical coverage only applies under 65, for 15 days.
How we assess this offer
Cash back has the advantage of needing no valuation: a dollar is a dollar. Our calculations therefore come down to two rules. First, we count only the cash back actually paid out during the first year. Second, we always weigh that amount against the real $120 annual fee.
The table above assumes a specific profile: $30,000 in annual spending, of which $25,000 is calibrated to fill the accelerated-category cap exactly. If your breakdown differs, adjust the rows to your own amounts before comparing.
The offer terms come from Scotiabank. Our analysis remains independent of the commercial agreements we hold with card issuers.
To see how this offer stacks up against the rest of the market, browse our best credit cards page. Also, sign up for our newsletter to get new welcome offers every week.
Conclusion
If you prefer cash back over 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.
- Annual fee
- $0 $120No annual fee the first year
- No annual fee the first year
- Our valuation
- $420Milesopedia first-year estimate First-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Milesopedia first-year estimateFirst-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Welcome offer
- Up to $300
- + First Year Annual Fee Rebate
- Ends Nov 1, 2026
on Scotiabank's website
Scotia Momentum® Visa Infinite +* Card — Frequently Asked Questions
When can you redeem your cash back with the Scotia Momentum® Visa Infinite +* Card?
You can redeem your cash back as soon as your balance reaches $25, at any time, via the Scotia app or Scotia Online. There’s no longer any need to wait until November as was previously the case.
What cash back rate does the Scotia Momentum® Visa Infinite +* Card offer?
The card offers 4% cash back on grocery purchases and recurring bill payments (insurance, subscriptions, etc.), 2% on gas and public transit, and 1% on all other purchases.
Is there an annual limit for the boosted 2% and 4% rates?
Yes. The 2% and 4% rates apply up to $25,000 in combined annual purchases in these categories (about $2,000 per month). Beyond that limit, all purchases earn 1%.
Can you get 4% cash back on gift cards bought at grocery stores?
Yes. Gift card purchases made at a grocery store qualify for the 4% rate. It’s a way to earn an enhanced return at merchants that aren’t grocery stores themselves, such as Amazon.ca, the SAQ, or Netflix.
What travel medical insurance is included with the card?
The card includes emergency medical insurance of up to $1,000,000 per person for the cardholder, their spouse, and dependent children. It automatically covers people under 65 for trips of up to 15 consecutive days outside their province.
Does the card cover trip cancellation and trip interruption?
Yes, provided you charge at least 75% of the trip cost to the card. Trip cancellation insurance covers up to $1,500 per person ($10,000 per trip) and trip interruption insurance up to $2,000 per person ($10,000 per trip).
Is there insurance for flight delays?
Yes. If your flight is delayed by at least 4 hours, or if you miss a connection resulting in a wait of 4 hours or more, the card reimburses reasonable living expenses up to $500 per trip for all insured travellers.
Does the card offer insurance for lost or delayed baggage?
Yes. In the event of loss, the card covers up to $500 per claim. If your baggage is delayed by more than 4 hours after arriving at your destination, it reimburses up to $500 for essential items for all insured travellers.
Does the card include rental car insurance?
Yes. If you pay the full rental cost with the card and decline the damage waiver offered by the agency, you’re protected against damage to and theft of the rental vehicle.
Is there mobile device insurance with the card?
Yes. When you buy your cellphone, smartphone, or tablet with the card, you’re covered up to $1,000 in the event of loss, theft, accidental damage, or mechanical failure.
Our featured card
- Annual fee
- $0 $120No annual fee the first year
- No annual fee the first year
- Our valuation
- $420Milesopedia first-year estimate First-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Milesopedia first-year estimateFirst-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
- Welcome offer
- Up to $300
- + First Year Annual Fee Rebate
- Ends Nov 1, 2026
on Scotiabank's website
Our editorial integrity
Our reviews and rankings are based on an objective assessment. Advertisers do not influence our content. We may receive compensation through some links; our analysis and opinions remain independent.