RBy Rez · 3 min read
Overview
The Scotia Momentum Visa Infinite + is Scotiabank's premium cashback card — one of the most competitive grocery and recurring bill cashback cards available in Canada. Issued by Scotiabank on the Visa Infinite network at $120 CAD annually, the card earns 4% cashback on eligible grocery purchases and recurring bill payments, 2% on gas, transit, and food delivery, and 1% on all other eligible purchases. The Visa Infinite designation brings comprehensive travel and purchase insurance, along with Visa's wide acceptance across Canada and internationally. This is a card built around the spending categories that define most Canadian household budgets.
Who this card is for
This card fits households with significant grocery and recurring bill spend — the 4% rate on both categories rewards two of the most consistent monthly expense lines in any household budget. The minimum income is $60,000 CAD individual or $100,000 CAD household. Spend $1,000 CAD per month on groceries and $400 CAD per month on subscriptions and bills, and you're earning roughly $56 CAD per month in cashback from those two categories alone — $672 CAD per year, well past the $120 CAD annual fee. Add in gas and transit at 2%, and the return is even stronger.
Key benefits
The 4% earn rate on groceries applies to eligible grocery store purchases in Canada, up to a combined annual cap of $25,000 CAD across grocery and recurring bill spending (after which the rate drops to 1%). That ceiling accommodates virtually all Canadian household grocery budgets without interruption. Recurring bill payments at 4% is a particularly powerful feature: phone, internet, insurance, streaming subscriptions, and utility payments earn at the same rate as groceries automatically.
Gas, transit, and food delivery earn at 2% — with a separate $25,000 CAD annual cap on that category (purchases beyond the cap drop to 1%). Spend $200 CAD per month at the pump and $100 CAD on food delivery, and that's another $72 CAD per year at 2%. High-frequency commuters or gig-economy workers who drive heavily may want to track both caps — the $25,000 on groceries + recurring bills, and the separate $25,000 on gas + transit + food delivery.
The Visa Infinite tier includes comprehensive travel insurance — a benefit that makes the card more credible as a travel companion even though cashback, not travel points, is its primary currency. Cash back can be redeemed anytime through the Scotia mobile app or online banking when your balance reaches $25.
Welcome bonus offers on this card have included an elevated introductory cashback rate plus a first-year fee waiver — check the Scotiabank website for the current offer.
Potential drawbacks
The Visa Infinite income requirement ($60,000 CAD individual) excludes lower-income applicants. The 4% rate on groceries and recurring bills is capped at $25,000 CAD combined — high grocery and subscription households should be aware of this ceiling. And at $120 CAD annually, the card competes directly with travel rewards cards at the same price point; cardholders choosing cashback over points are implicitly giving up Aeroplan or flexible travel currency accumulation.
How it compares
The Scotiabank Momentum Visa earns 2% on the same categories at $49 CAD annually — if your grocery and recurring bill spend is under roughly $300 CAD per month combined, the Infinite version's 4% rate doesn't generate enough additional cashback to justify the extra $71 CAD annual fee. The CIBC Dividend Visa Infinite also earns 4% on groceries and gas at $120 CAD on the Visa network — the two cards are close in value, and the choice often comes down to banking relationship and which recurring bill categories each card recognises.
Bottom line
One of Canada's strongest cashback cards for households with high grocery and recurring bill spending. The 4% on two everyday categories, combined with the Visa Infinite insurance package, makes this card a compelling pick for the $120 CAD price tier. Worth a close look before defaulting to a points-based travel card at the same fee.
