The Points Standard

Head to head · Reviewed 2026-08-01 by The Points Standard

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.

7.3/ 10

CIBC Dividend Visa Infinite

StrongHigher overall

7.0/ 10

Scotia Momentum Visa Infinite

Strong

The verdict

Strong

The 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.

Independent.Ranked by the Standard Score, never by compensation.·Last reviewed 2026-08-01·Full disclosure

Side-by-side comparison
CIBC Dividend Visa InfiniteScotia Momentum Visa Infinite
Standard Score7.3/10 · Strong7.0/10 · Strong
Annual fee$120 (Rebated first year (current offer))$120 (Waived in the first year, including on additional cards, under the current offer)
Welcome bonusUp 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 rebate15% 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
  • 4% — Groceries and gas/EV charging
  • 2% — Transportation, dining, recurring payments, and CIBC by Expedia travel
  • 1% — Everything else
  • 4% — Groceries and recurring payments (first $25,000/year)
  • 2% — Gas and transit (first $25,000/year)
  • 1% — Everything else
Points currencyCash backCash back
No FX feesNoNo
Lounge accessNoNo

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.