Scotiabank · Visa · Cash back
Reviewed 2026-07-05 · By The Points Standard editorial team
Scotia Momentum Visa Infinite
Neck-and-neck with the CIBC Dividend for best cash-back Visa. The recurring-payments 4% is its edge; the once-a-year payout its tax.
Standard Score breakdown — Strong
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 7.33/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | $120 |
| Welcome bonus | ~15% cash back on first $2,000 of purchases (offers vary) |
| Est. bonus value | ≈ $300 |
| First-year net value | ≈ $480 |
Earn rates
| Groceries and recurring payments | 4% |
| Gas and transit | 2% |
| Everything else | 1% |
Why it earns its score
- 4% on groceries and recurring bills is category-leading on a Visa
- Frequent first-year-free offers
- Strong included insurance for a cash-back card
Where it loses points
- Cash back pays out only once a year (November)
- 1% base rate
Who it's for
Grocery-and-bills-heavy households that want top Visa cash rates with no points homework.
Who should skip it
You want your cash back on demand — the annual payout is a real annoyance.
Included insurance
Travel medical · Trip cancellation · Flight delay · Rental car coverage · Mobile device insurance
Source: issuer card page · Last reviewed 2026-07-05. Details change often — confirm current terms with the issuer before applying.