Discover the Steps to Apply for a Scotia Momentum Visa Infinite Card

What should I know before applying?

The Scotia Momentum Visa Infinite is a top-tier credit card boasting 4% cashback on recurring expenses and groceries!

Scotiabank ranks among Canada’s top financial institutions, offering diverse services for both individuals and businesses.

The Scotia Momentum Visa Infinite is an excellent choice for savvy financial management—dive in to find out what this card can do for you.

The starting credit limit is $5,000, which may increase based on your income and credit score.

The card incurs an annual fee of $120, plus $50 for each additional card, though both fees are waived during the first year. 

The primary highlight of the card is its cashback, featuring a special introductory offer of 10% cashback on all purchases in the first 3 months, up to a cap of $2,000.

Check out the additional cashback tiers available with this card:

• 4% on recurring purchases and payments
• 4% on subscription services like Netflix
• 4% per dollar spent on groceries
• 2% on daily transit expenses
• 1% on all other purchases

Thinking about getting the Scotia card? Keep reading!

Who is eligible to apply?

Scotiabank has specific eligibility requirements for its customers.

First, applicants must be at least 18 or 19 years old, depending on the province, and must be a registered resident, either Canadian-born or a foreigner with a valid passport and visa.

Additionally, to qualify for the card, you should have a good to excellent credit score, a minimum annual income of $60,000, a household income of $100,000, or assets under management of $250,000. 

While there are few significant objections, it’s essential to remember that every application must receive the bank’s approval.

What’s the Process for Applying for the Scotia Momentum Visa Infinite Card?

To initiate your credit card application, locate the “Sign Up Now” button on the website.

Initially, you will need to indicate whether you currently hold any Scotiabank products. If it’s your first application, you’ll be treated as a new customer, and the process generally takes about 8 minutes.

When completing the form, you will need to input various details such as:

• Your full name, main phone number, email, ID number, and additional personal information.

Furthermore, you will also need to share information regarding your income, including your employment status, housing situation, and how you fulfill the bank’s financial criteria.

As this card is considered premium, expect a more detailed review, especially concerning document verification.

If you have inquiries, you can reach out to Scotiabank’s customer support, known for its efficiency as one of Canada’s top banks.

Additional Information

The Scotia card comes with Visa Infinite benefits, offering remarkable experiences:

• Concierge service for travel planning
• Hotel collection with upgrades
• Fine dining and wine experiences
• Up to 25% off at AVIS car rentals.

Regarding security, your card includes coverage for various situations:

• Emergency Medical Coverage During Travel
• Baggage loss and delays
• Delays in flights
• Trip cancellations and interruptions
• Travel accident insurance
• Collision damage coverage for rental cars
• Extended warranty and purchase protection

Furthermore, the card provides optional Scotia Credit Card Protection, which includes options for lifetime benefits, critical illness, and hospital coverage.

The coverage also offers additional benefits for disability, job loss, strikes, or lockouts. 

This makes Scotiabank’s premium card quite all-encompassing, providing essential benefits for various life needs.

Interested in exploring another option?

If you’re not quite there with your credit score or income for the Scotiabank card, consider the Secured Neo Mastercard, which allows easy approval for those new to credit.

This card still effectively offers cashback of up to 0.5% on all purchases and 2% in select categories, and you can discover more about how to apply right now.

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