Scotia Momentum Visa Infinite Card vs Scotiabank Passport Visa Infinite Card

By   |   Verified by David Boyd   |   Updated 15 Aug 2023

The main difference between the Scotia Momentum Visa Infinite Card and the Scotiabank Passport Visa Infinite Card lies in their rewards structure and travel perks. While both cards offer competitive benefits, they have distinct features that cater to different spending habits and lifestyle preferences.

Let's dive into the rewards structure. The Scotia Momentum Visa Infinite Card shines with its generous cashback rewards, particularly for everyday spending categories like groceries, gas, and recurring bills. On the flip side, the Scotiabank Passport Visa Infinite Card takes the travel route, offering travel rewards and points accumulation on a broader range of expenses, including travel-related purchases and dining.

Fees vary between the two cards. The Scotia Momentum Visa Infinite Card comes with a different fee structure, whereas the Scotiabank Passport Visa Infinite Card may have an annual fee that is offset by its travel perks and rewards potential.

When it comes to introductory offers and bonuses, each card has its own enticing incentives. The Scotia Momentum Visa Infinite Card may present cashback bonuses upon initial spending thresholds, whereas the Scotiabank Passport Visa Infinite Card might entice you with sign-up bonuses in the form of travel points or other valuable perks.

A standout feature of the Scotia Momentum Visa Infinite Card could be its focus on maximizing cashback rewards for your daily purchases, making it a great choice for those who prioritize savings on everyday expenses. On the other hand, the Scotiabank Passport Visa Infinite Card could stand out with its no foreign transaction fee policy, Scene+ points, and travel benefits, which include airport lounge access and travel insurance.

In conclusion, whether you're looking to earn cashback on your everyday spending or accumulate travel rewards for your jet-setting adventures, both the Scotia Momentum Visa Infinite Card and the Scotiabank Passport Visa Infinite Card have something to offer. Your decision will ultimately hinge on your spending habits and the type of rewards that align with your financial goals and lifestyle.

Scotia Momentum Visa Infinite Card
 
Scotiabank Passport Visa Infinite 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.Take advantage of the no foreign transaction fee policy. Plus earn up to 3X the Scene+TM points when you spend $1 on eligible grocery, dining, and entertainment purchases
Basics
Additional Cardholders
1010
Card Type
VisaVisa
Minimum Credit Limit
$5,000.00$5,000.00
Maximum Credit Limit
N/AN/A
Sign up bonus
Signup Bonus Points
N/A25000 points
Signup Bonus Points Required Spend
N/A$1,000.00
Signup Bonus Points Required Spend Terms
N/Aeligible purchases in your first 3 months. Plus, earn an annual 10,000 Scene+ point bonus when you spend at least $40,000 in everyday net eligible purchases annually. Giving you a total of 35,000 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
NoNo
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$150.00
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