Scotia Momentum Visa Infinite
Scotiabank
- 4%Cash back on groceries and recurring bill payments
- 2%Cash back on gas, transit, rideshares, and food delivery
- 1%Cash back on all other purchases
Get 10% cash back on up to CA$2,000 in purchases in the first three months.
Earn 4% cash back on groceries and recurring bill payments, 2% on gas, transit, rideshares, and food delivery, and 1% on all other purchases.
What sets the Scotia Momentum Visa Infinite apart is its high cash back rates on essential spending categories, particularly groceries and recurring payments. This card is particularly appealing for those who want to maximize their rewards on everyday expenses while enjoying a waived annual fee in the first year.
Pros:
- High cash back on groceries
- No annual fee in the first year
Cons:
- Limited to specific categories
- Income requirement of CA$60,000
The Scotia Momentum Visa Infinite is well-suited for individuals who frequently spend on groceries and recurring payments, as its high cash back rates can significantly enhance their rewards potential. With an annual fee of CA$120, it may be particularly attractive to new cardholders looking to capitalize on the first-year fee waiver and a substantial welcome bonus.