The Scotia-Momentum VISA Infinite Card is a powerful tool for anyone looking to maximize their savings, especially on rent payments.
High Cash Back Rewards
This card offers an impressive 4% cash back on all recurring payments, which includes your rent when paid through a service like Chexy. This high cash back rate is one of the best available for recurring payments in Canada.
Annual Fee and Sign-Up Bonus
The card comes with a $120 annual fee, but this fee is waived for the first year. Additionally, new cardholders receive a 10% cash back rate on their first $2,000 spent within the first three months, providing a significant initial boost in savings.
Maximizing Your Savings
To fully utilize the benefits of the Scotia-Momentum VISA Infinite Card, it is essential to use it primarily for rent payments. This strategy ensures that you remain within the $25,000 annual limit for recurring payments, allowing you to maximize your 4% cash back earnings.
Additional Perks
Beyond cash back, the card also offers various perks such as travel coverages, VISA concierge service, auto rental discounts, and mobile device insurance. These additional benefits make the Scotia-Momentum VISA Infinite Card a well-rounded choice for savvy consumers.
The Premium Features of the Scotia-Momentum VISA Infinite Card
In addition to its impressive cash back benefits, the Scotia-Momentum VISA Infinite Card includes an array of premium features that enhance its value.
Travel Coverages
The card provides extensive travel coverages, ensuring peace of mind when you’re on the go.
- Out-of-province emergency medical insurance
- Lost baggage insurance
- Delayed flight insurance
These coverages can save you significant expenses during unexpected travel mishaps.
VISA Infinite Concierge Service
The VISA Infinite Concierge Service is another notable feature, offering personalized assistance for various needs.
- Early access to event tickets
- Exclusive concert tickets
- Special dining reservations
This service helps you secure better prices and availability for high-demand activities.
Additional Perks
Beyond travel and concierge services, the card includes other valuable perks.
- Discounts on car rentals through Avis
- Mobile device insurance
These benefits further enhance the card’s appeal, making it a well-rounded choice for various needs.
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