CIBC Dividend Visa Infinite vs Scotia Momentum Visa Infinite
Two cards, one Standard Score rubric. The CIBC Dividend Visa Infinite scores higher overall at 7.3/10, but the right pick depends on which components match your spending.
The verdict
StrongThe two best cash-back Visas in Canada, separated by category mix and payout mechanics. The Dividend takes gas and EV charging at 4% and lets you redeem from $25 any time; the Momentum counters with 4% on recurring bills but pays out only once a year in November. Gas-heavy households take the Dividend; subscription-heavy ones can justify the Momentum's payout tax.
See offer · current CIBC Dividend Visa Infinite offer, direct from the issuer
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
| CIBC Dividend Visa Infinite | Scotia Momentum Visa Infinite | |
|---|---|---|
| Standard Score | 7.3/10 · Strong | 7.0/10 · Strong |
| Annual fee | $120 (Rebated first year (current offer). Additional cards are $50 each for up to three, also rebated in the first year. CIBC raised that fee from $30 on August 1, 2026.) | $120 (Waived in the first year, including on additional cards, under the current offer) |
| Welcome bonus | Up to $350 in value: a 10% cash back bonus worth up to $200 over the first 4 statements (on net purchases up to $2,000), a $50 bonus for setting up a pre-authorized payment in the first 4 statements, and a $120 first-year annual fee rebate | 15% cash back on all purchases for the first 3 months (up to $2,000 in total purchases) |
| Est. bonus value | ≈ $350 | ≈ $300 |
| First-year net value | ≈ $590 | ≈ $480 |
| Earn rates |
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| Points currency | Cash back | Cash back |
| No FX fees | No | No |
| Lounge access | No | No |
Where the CIBC Dividend Visa Infinite wins
- Flexibility: scores 8.0/10 on this component
- Low friction: scores 9.0/10 on this component
Where the Scotia Momentum Visa Infinite wins
No component wins: its rival scores at least as well on every Standard Score component.
Read the full reviews: CIBC Dividend Visa Infinite and Scotia Momentum Visa Infinite, or see how both rank in Best Cash Back Credit Cards in Canada.