Scotia Momentum® VISA Infinite* Cash Back Program
Here's a smart way to manage your day-to-day purchases:
- A full 4% cash back on all eligible gas station and grocery store purchases
- A full 2% cash back on all eligible recurring payments and drug store purchases
- A full 1% cash back on all other eligible purchases
So you can shop at any eligible grocery store or gas station and earn 4% cash back on your everyday spending.
Cash Back Program Terms and Conditions.
HOW TO EARN A 4% CASH BACK RATE - You will earn 4% cash back on the first $25,000 you spend annually at gas stations and grocery stores. 4% cash back applies at merchants which are classified in the Visa Inc. (VISA) network as Grocery Stores & Supermarkets, Service Stations (with or without ancillary services), and Automated Fuel Dispensers (Merchant Codes: 5411, 5541 & 5542). Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants, but are classified by VISA in another manner, in which case this added benefit would not apply.
HOW TO EARN A 2% CASH BACK RATE - You will earn 2% cash back on the first $25,000 you spend annually on recurring payments and drug store purchases. 2% cash back applies at merchants which are classified in the VISA network as Drug Stores & Pharmacies (Merchant Code: 5912) and Recurring Payments. Recurring payments are defined as payments made on a monthly or regular basis automatically billed by the merchant to your Scotia Momentum VISA Infinite card. Recurring payments are typically telecommunication, insurance, membership, subscriptions etc. purchases. Not all merchants offer recurring payments. (Please check with your merchant to see if they offer recurring payments on VISA cards.) Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants, but are classified by VISA in another manner, in which case this added benefit would not apply.
HOW TO EARN A 1% CASH BACK RATE - You will earn 1% cash back on purchases made after you have reached the 4% and 2% $25,000 annual spend maximum and on all other eligible purchases made with the card.
†You will earn 5% cash back on the first $3,000 in purchases posted to your new account beginning on the account open date and ending three months after the account open date. You will earn regular cash back on purchases made after you have reached the 5% threshold / $3,000 in purchase in the first three months. The bonus cash back amount will be applied to your Scotia Momentum Visa Infinite account (the "Account") within 2-3 months after the three-month offer period ends provided your Account is open and in good standing. All other terms of the Cash Back Program Terms and Conditions that apply to your Account continue to apply during this promotional offer. Cash Back is not awarded for cash advances (including balance transfers, Scotia® Credit Card cheques or cash-like transactions), fees, interest, service/transaction charges, payments, or returns and other similar credits. Offer applies to new Accounts opened by April 30, 2017. Offer may be changed or extended and cannot be combined with any other offer. The introductory 1.99% interest rate applies to cash advances, balance transfers and Scotia® Credit Card Cheques only. This rate applies when the new Scotiabank credit card account ("Account") is opened and will then continue for 6 months from that date. After the promotional period, the 1.99% rate on any promotional balances (including that remain unpaid after the offer ends) will increase to the regular interest rate for cash advances, balance transfers and Scotia Credit Card Cheques on your Account. Rates and fees are subject to change without notice. Offer applies to new Accounts only that are opened by April 30, 2017. This offer cannot be used to transfer a balance from another Scotiabank account, or to make a payment or deposit to another Scotiabank account. Offer may be changed or extended and cannot be combined with any other offer.
TM Trademark of The Bank of Nova Scotia.
* Visa Int./Lic. User The Bank of Nova Scotia
® Registered trademark of The Bank of Nova Scotia