These days, it seems as if Canadians have more credit card options than ever before. But many of these credit cards offer limited usefulness if they’re not used to their full potential.
Frequently Asked Questions
The Scotia Momentum Visa Infinite is best suited for individuals whose credit card purchases most commonly fall into the essentials, such as transportation costs, bills, and groceries. It is also well suited for anybody looking to purchase a mobile phone and wants to have it insured.
The Scotia Momentum Visa Infinite is less well-suited for individuals who are looking for consistent, monthly card reward payouts or for individuals who mostly use their credit cards for recreational spending.
It is also less ideal for anyone who does their grocery shopping at mega stores instead of grocery stores, as the card can have a hard time classifying these purchases.
The Scotia Momentum Visa Infinite comes with some of the most competitive travel insurance options of any credit card, including travel credit cards, with benefits such as medical insurance, flight delay insurance, trip cancellation insurance, protection against car rental theft or damage, and more.
The card also allows holders access to the renowned Visa Infinite benefits, many of which are well-suited for travel, such as the Visa Infinite Music Series and the Visa Infinite Dining Series.
While the earning requirement for the Scotia Momentum Visa Infinite is $60,000 for an individual, if your household makes a combined income of at least $100,000, you will still be eligible for the card. The card application also requires a high credit score.
There are other cashback cards on the market that have less strict earning requirements: namely the Tangerine Money-Back Credit Card, the Triangle Mastercard, or the Simplycash Card from American Express.