Head to head · Reviewed 2026-07-05 · By The Points Standard editorial team
CIBC Dividend Visa Infinite vs Scotia Momentum Visa Infinite
Two cards, one Standard Score rubric. The CIBC Dividend Visa Infinite scores higher overall at 7.5/10 — but the right pick depends on which components match your spending.
| CIBC Dividend Visa Infinite | Scotia Momentum Visa Infinite | |
|---|---|---|
| Standard Score | 7.5/10 · Strong | 7.3/10 · Strong |
| Annual fee | $120 | $120 (Commonly waived first year) |
| Welcome bonus | First-year annual fee rebate plus bonus cash back (offers vary) | ~15% cash back on first $2,000 of purchases (offers vary) |
| Est. bonus value | ≈ $320 | ≈ $300 |
| First-year net value | ≈ $560 | ≈ $480 |
| Earn rates |
|
|
| 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
- First-year value — scores 7.5/10 on this component
The verdict
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.
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.