November 1, 2020
Scotia Momentum VISA Infinite card


Offer details
To qualify for the 10% cash back and annual fee waiver offer, make sure to:
1. Open a new customer Scotia Momentum® Visa Infinite* credit card account by November 1, 2020.
2. Use your new card to make everyday eligible purchases and earn 10% cash back on the first $2,000 you spend in your first 3 months from account opening.

We’ll credit your account in 2 instalments:
Bonus Cash Back: The amount earned under the Cash Back Bonus Rate will be credited to your Account within 7 months from the account open date; and
Regular Cash Back: The amount earned under your regular Cash Back Program Rate will be credited to your Account according to the regular cash back payment schedule as set out under the Program (i.e., November).
Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the offers.

Some observations:
  • GCR has a sign-up bonus of $60
  • Some people have reported receiving the welcome bonus despite owning a Scotiabank credit card within the last two years. YMMV.
  • Bonus cash back may take up to 7 months to be credited to your account but many people reported receiving it earlier.
  • Regular cash back is credited to the account in the program schedule in November. If you sign up for the card prior to November with no intention to keep the card, it is best to spend the full $2,000 before November and cancel once you receive your regular cash back in November plus bonus cash back within 7 months (before the annual fee is charged).