Scotia Momentum Visa Infinite Card

The Scotia Momentum Visa Infinite Card charges an annual fee — it’s waived the first year — but you can easily make up for it if you spend a lot on groceries, at drug stores and on recurring bill payments. For the first three months, you’ll get bonus rewards on all your purchases.

You’ll get your cash-back rewards annually, either as a deposit into an eligible Scotiabank Canadian Dollar personal chequing or savings bank account, or as a statement credit.

The rewards aren’t the most impressive thing about the card, though. As a Visa Infinite cardholder, you’ll get:

  1. VIP access to premier events with some of the world’s top musicians
  2. Opportunities to dine with some of the biggest names in the food and wine industry
  3. Complimentary tastings, tours and discounts at over 60 wineries in British Columbia and Ontario
  4. An automatic room upgrade and free Wi-Fi when you book a hotel
  5. Extensive travel and flight insurance coverages
  6. 24/7 concierge service

One big drawback to the card is that it requires excellent credit to get approved.

  1. Cash Back Rate: Earn 5% cash back on everyday purchases in the first three months, plus your first year annual fee is waived.
  2. Great Added Benefit: 4% Cash Back on groceries, 2% Cash Back on drug stores and recurring bill payments, 1% Cash Back on everything else.

#GOFUNDYOURSELF