Scotia Momentum Visa Infinite Review 2021. However, this is no guarantee that purchases made at No Frills locations are eligible for the extra cash back. Thanks. Is it possible for you to do a comparison between this card and the Scotia Gold Amex? Written by creditcardGenius Team. Quick pay. Appreciate the comment. The Scotia call centre said this was a reported issue by other card holders and they were working to resolve the issue with apple. If I spend my purchases that earn 1%..ill earn 9% for the first 3 months …then the 1% is paid out in November ?? Are you ready to experience one of the best cash back experiences in the credit card market today? Scotia Momentum VISA Infinite Review 2021. A little digging on Google suggest Frescho does indeed fall under 5411, but we can’t guarantee it. There are several factors to consider, namely, which card network are you a member of? Hi Brad, thanks for the request for a rewards comparison. Here’s how the Scotiabank Momentum Visa Infinite card’s new promotion works. Regardless, if that does not work for you, they will apply your cash back as a statement credit to your credit card statement once a year in November as well – which avoids you having to get a Scotia bank account, while still getting the same value. It’s grocery stores that have the SIC code 5411, gas stations with SIC code 5541 & 5542 and drugstores with SIC code 5912. It looks like No Frills Grocery is owned and operated by Loblaw, which we already know is eligible for the 4.00% cash back rate when using the Scotia Momentum Infinite card. Have you tried calling Scotiabank’s customer service line? The portion of your cash back coming from that standard 4.00% ($20) is deposited to your account per usual (within the statement period). Cash Back vs. The Momentum Infinite by Scotiabank. Scotia Momentum VISA Infinite Credit Card. They can help you with recovering your pin #. If you’re worried about recurring bill payments being considered ‘cash-like transactions’ and therefore subjected to higher interest payments, then have no fear. Coronavirus Crisis: Should I Invest Right Now? Frequent international travellers fully understand the impact that 2.5% foreign exchange fee markups can have on their budget. Although the fact that it only redeems once per year at the end of the year is clearly written. We still recommend this as one of the best tools for travellers, because it offers 4.00% cash back on top of the 2.50% fee, and then 1.75% on purchases made in Canadian dollars. We’ve also dug into the terms and conditions for Scotiabank’s Momentum Infinite Visa card, and see that the bank defines cash-like transactions as “wire transfers, foreign currency, travellers cheques, money orders and gaming chips.” Recurring bills are essentially the same as any other purchase, and are subjected to the same interest rate as purchases—19.99%. Bonus worth $100. Our only concern is which card is best for more people—our game is a game of averages, and on average, the Scotia Momentum Visa Infinite card is superior. Scotia Momentum Visa Infinite Credit Card. Scotiabank Momentum Visa Infinite If you love earning credit card rewards, you’ll want to check out the Scotiabank Momentum Visa Infinite card. It has an outstanding travel insurance package that includes 10 … The airline company cancelled the trip due to Covid and offer in exchange a voucher to use with their airline valid 18 months. Our expert articles and videos cover every topic under the financial sun, including credit cards, credit scores, loans, bank accounts, budgeting, investing, RSPs, TFSAs, GICs, taxes, and more. You get your regular cash back and it is applied to your statement every November. That’s all correct. If you could, please let us know your resolution, so we can make necessary changes to our published articles. My other friend in the same situation did get a refund but it was with another bank. • Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). Scotia Momentum VISA Infinite Card Contact Information. Here’s a list of some of the more popular merchants in the program. The cash back you earn appears as a credit on your statement that you could use. The Scotia Momentum Visa Infinite … The Scotiabank Passport Visa Infinite is a flexible travel rewards credit card that has a lot to offer, but also comes with a few drawbacks. If we advertise a promotion and you use our link to navigate to the application for the card you want, as long as you’ve applied during the active promotion and fulfill the other applicant requirements then you’ll receive the promotion as described. Both of these items make no sense and work to reduce your rebate. Specifically, on the credit card landing page. 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