Head-to-Head: CIBC Dividend^® Visa Infinite* Card vs Scotia Momentum^® VISA Infinite* Card

For a limited time, when you sign up for the CIBC Dividend^® Visa Infinite* Card, you earn:

• 10% cash back on all purchases up to $250 during the period covered by your first 4 statements;
• $50 cash back when you set up a pre-authorized payment within the first 4 months of your membership;
• A refund of the first year’s annual fee ($120 value).

For a limited time, when you subscribe to the Scotia Momentum^® VISA Infinite* Card, get :

• 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases)
• No annual fee in the first year, including on supplementary cards.

The CIBC Dividend^® Visa Infinite* Card requires an annual personal income of $60,000 or $100,000 in annual household income.

The Scotia Momentum^® Visa Infinite* Card requires a $60,000 personal income or $100,000 household income.

The CIBC Dividend^® Visa Infinite* Card has an annual fee of $120.

The Scotia Momentum^® VISA Infinite* Card has an annual fee of $120.

With the CIBC Dividend^® Visa Infinite* Card, you earn:

• 4% cash back on gas and groceries
• 2% cash back on eligible transportation, food and living expenses
• 1% cash back on all other purchases

With the Scotia Momentum^® VISA Infinite* Card, you earn:

• 4% cash back on groceries and recurring payments
• 2% cash back on gas and daily transit
• 1% cash back on all other purchases

With the CIBC Dividend^® Visa Infinite* Card, if you exceed either of these two annual limits, you will earn 1% cash back on subsequent purchases:

• $80,000 in annual purchases charged to the card
• or $20,000 in annual purchases from grocery stores, supermarkets, service stations and gas, public transit, food and beverage outlets and restaurants, or in recurring payments

This annual limit will reset to zero after the day your December statement is printed.

With The Scotia Momentum^® Visa Infinite* Card, if you exceed this annual limit by category, you will earn 1% cash back on subsequent purchases:

• $25,000 in annual purchases from grocery stores, supermarkets, and for recurring bill payments
• $25,000 in annual purchases on gas and daily transit

This annual limit is reset to zero after the day following the printing of your November statement.

With the CIBC Dividend^MD Visa Infinite* Card, you can redeem your cash back whenever you like, provided you have a balance of at least $25 at the time the application is submitted.

With The Scotia Momentum^® Visa Infinite* Card, you earn your cash back annually, on your November statement.

With the CIBC Dividend^® Visa Infinite* Card, you receive the following benefits:

• Visa Infinite Program: hotel benefits, culinary events, complimentary concierge service
• Up to 25% off car rentals with Avis and Budget
• Save up to 10 cents per litre at participating gas stations

The Scotia Momentum^® VISA Infinite* Card offers you the following benefits:

• Visa Infinite Program: hotel benefits, culinary events, complimentary concierge service
• Up to 25% off car rentals with Avis and Budget

The CIBC Dividend^® Visa Infinite* Card stands out thanks to:

• an excellent welcome offer;
• cash back that is easier to access and available more quickly ;
• savings at partner service stations.

The Scotia Momentum^® VISA Infinite* Card stands out thanks to:

• superior travel insurance ;
• larger cash rebates for recurring payments ;
• higher purchase limits to earn more cash back.