Scotia Momentum Visa Infinite Card vs Scotiabank Gold American Express Card

By   |   Verified by David Boyd   |   Updated 15 Aug 2023

The main difference between the Scotia Momentum Visa Infinite Card and the Scotiabank Gold American Express Card lies in their rewards game. While both cards bring some similarities to the table, they've got a few distinct tricks up their sleeves.

Let's talk rewards: The Scotia Momentum Visa Infinite Card is all about the cashback hustle. You'll be raking in those dollars on your everyday spending like a boss. Meanwhile, the Scotiabank Gold American Express Card steps up the game with its focus on flexible rewards. Think travel, dining, and more – it's like having a personal concierge for your rewards.

Fees? We've got your back. Both cards might share a few common fees, but they also have their unique quirks. It's a matter of comparing the fine print to find your perfect match.

Now, let's dive into the world of intro offers and bonuses. The Scotia Momentum Visa Infinite Card comes in strong with its welcome bonuses – just think of it as your grand entrance to the cashback party. On the flip side, the Scotiabank Gold American Express Card welcomes you with points that can jet-set you on your next adventure.

Standout features? Hold onto your seats. The Scotia Momentum Visa Infinite Card flexes its muscles with insurance coverage that's like a safety net for your purchases and travel. Meanwhile, the Scotiabank Gold American Express Card brings its A-game with access to exclusive events and a little something we like to call the "Amex Experience."

So there you have it – the lowdown on these two credit card contenders. They might share a few moves, but each card has its own groove. Time to decide which one vibes with your financial style. Game on, savvy spenders!

Scotia Momentum Visa Infinite Card
 
Scotiabank Gold American Express Card
 
Description
Scotia Momentum Visa Infinite Card received a number of awards in 2022, along with its outstanding features such as comprehensive Travel Insurance and New Mobile Device Insurance.Save 2.5% on foreign transaction fees and earn up to 6X the Scene+ points on every $1 CAD you spend in Canada on eligible grocery, dining, and entertainment purchases.
Basics
Additional Cardholders
1010
Card Type
VisaAmerican Express
Minimum Credit Limit
$5,000.00$5,000.00
Maximum Credit Limit
N/AN/A
Sign up bonus
Signup Bonus Points
N/A20000 points
Signup Bonus Points Required Spend
N/A$1,000.00
Signup Bonus Points Required Spend Terms
N/Aeveryday purchases in the first 3 months, plus an additional 20,000 Scene+ point bonus when you spend at least $7,500 in everyday eligible purchases in your first year. That's a total of 40,000 points.
Rewards
Rewards Program
CashbackScotia Rewards
Domestic Rewards Points Earn Rate
N/A1
Cashback Percentage Grocery Spend
4%N/A
Cashback Percentage Petrol Spend
2%N/A
Cashback Percentage Any Domestic Spend
1%N/A
Benefits
Airport Lounge Access Included
NoYes
Concierge Service Included
YesYes
Cardholder's International Travel Insurance
YesYes
Complimentary Flight Voucher Included
NoNo
Introductory balance transfer
Balance Transfer Rate
N/AN/A
Balance Transfer Period
N/AN/A
Balance Transfer Fee
N/AN/A
Balance Transfer Limit
N/AN/A
Balance Transfer Revert Rate
N/AN/A
Ongoing rates
Cash Advance Rate
22.99% p.a.22.99% p.a.
Purchase Rate Ongoing
20.99% p.a.20.99% p.a.
Ongoing fees
Annual Fee Ongoing
$120.00$120.00
Foreign Exchange Fee Percentage
2.5%0%
Late Payment Fee
N/AN/A
Overseas ATM Withdrawal Fee
$5.00$5.00
Digital wallets
Apple Pay Enabled
YesYes
Google Pay Enabled
YesYes
Samsung Pay Enabled
YesYes
Eligibility
Available To Existing Customers
NoNo
Minimum Age
18 years18 years
Minimum Credit Rating
GoodGood
Minimum Income
$60,000.00$60,000.00
Temporary Residents Accepted
NoNo