Scotiabank Momentum Infinite Card Review 2026 | Worth It or Leave It?

Stop overpaying for your daily essentials with the Scotiabank Momentum Visa Infinite Card, a high performance financial tool designed to maximize returns on your biggest household expenses. This card eliminates the frustration of low rewards by offering a market leading 4% cash back on groceries and recurring bill payments like utilities and streaming services, alongside 2% back on gas, transit, and food delivery. Unlike traditional cards that lock your rewards away until the end of the year, this system allows for flexible redemptions anytime your balance hits $25, providing immediate relief to your monthly budget. With a robust insurance suite covering everything from $1,000 in mobile device protection to comprehensive travel medical and rental car coverage, it bridges the gap between a daily spender and a premium travel companion. The current welcome offer even waives the $120 annual fee for the first year while providing a 10% boost on early spending. However, beneath these impressive percentages lies a strict framework of income requirements and spending caps that dictate exactly who wins and who loses. As the numbers shift and the fine print reveals its true nature, one question remains: is the ultimate payout worth the high cost of entry, or is there a hidden catch waiting in your monthly statement? ### Pros * 4% cash back on groceries and recurring bill payments. * 2% cash back on gas, electric vehicle charging, transit, and food delivery. * Flexible redemption policy allowing cash back access anytime after reaching a $25 balance. * Comprehensive insurance package including mobile device, travel medical, and trip cancellation. * First year annual fee waiver for both primary and supplementary cards. * Access to premium Visa Infinite perks such as concierge services and the Luxury Hotel Collection. ### Cons * High annual income requirement of $60,000 personal or $100,000 household. * 4% and 2% accelerated earn rates are capped at $25,000 in annual spending per category. * Base earn rate of 1% is lower than some competing premium cards for general purchases. * Steep 20.99% purchase APR and 22.99% cash advance rate can quickly negate rewards if a balance is held. * 2.5% foreign transaction fee makes it less ideal for international shopping. #ScotiabankMomentum #VisaInfinite #CashBackCards #PersonalFinanceCanada #CreditCardReview #MoneyManagement #GrocerySavings #FinancialFreedom #CreditCardRewards #BankingCanada ⚠️ The views and opinions expressed on this channel are solely those of the creator and do not reflect the views of any companies or organizations mentioned. All product reviews and tutorials are based on personal experiences and research. Any pricings, percentages, rates, etc. mentioned in any videos are accurate until the time of recording. Please ensure to check the product info for the most updated numbers. While I strive for accuracy and thoroughness, all information provided is for general informational purposes only. Please do your own research before making any purchasing decisions. This channel may include affiliate links, which means I may earn a commission if you make a purchase through those links at no additional cost to you. By watching, you acknowledge that you are solely responsible for any decisions made based on the content provided. For business inquiries, please contact fixthisthenthat@gmail.com Attribution: Stock footage provided by www.freepik.com, www.pexels.com, www.canva.com