Choosing the right credit card can feel overwhelming, especially when you have great options like the Scotiabank Passport Visa Infinite Card vs the Scotia Momentum Visa Infinite Card. Both cards offer fantastic benefits, but they cater to different lifestyles. If you’re trying to figure out which one is the best for you, this blog will break down the key features of both cards and help you make an informed decision.
What Is the Scotiabank Passport Visa Infinite Card?
The Scotiabank Passport Visa Infinite Card is primarily designed for those who love to travel. It’s packed with travel perks, making it an excellent choice for frequent flyers or anyone who enjoys traveling abroad.
Key Features of Scotiabank Passport Visa Infinite:
- No Foreign Transaction Fees: One of the standout features is that it doesn’t charge foreign transaction fees. Most credit cards charge a 2.5% fee on foreign purchases, so this card can save you money when you shop internationally or while on vacation.
- Travel Rewards: You earn Scotia Rewards points for every dollar spent, which can be redeemed for flights, hotels, car rentals, and other travel experiences.
- Airport Lounge Access: A Priority Pass membership gives you six complimentary visits to over 1,200 airport lounges worldwide annually.
- Travel Insurance: The card includes comprehensive travel insurance, emergency medical coverage, trip cancellation, and travel delay insurance.
What Is the Scotia Momentum Visa Infinite Card?
On the other hand, the Scotia Momentum Visa Infinite Card is perfect for those who prefer cash back over travel rewards. This card lets you earn cashback on everyday purchases, which can significantly increase over time.
Key Features of Scotia Momentum Visa Infinite:
- Cashback on Everyday Purchases: You can earn up to 4% cashback on groceries and recurring payments, 2% on gas and daily transit, and 1% on everything else.
- Cashback Flexibility: You can redeem the cashback you earn to pay down your credit card balance or for other purchases.
- Purchase Protection: Like many premium cards, the Scotia Momentum Visa Infinite offers extended warranty and purchase protection for items you buy.
- Mobile Device Insurance: This card provides insurance for your mobile devices, a nice extra feature in case your phone or tablet gets damaged or lost.
How Do the Fees Compare?
Both cards come with annual fees, but the costs can be offset by the benefits they offer.
- Scotiabank Passport Visa Infinite Card: The annual fee is $150, and you can add supplementary cards for $50 each. Given the travel perks, especially with no foreign transaction fees, this fee is reasonable for frequent travelers.
- Scotia Momentum Visa Infinite Card: The annual fee is also $120, and additional cards are $50. However, this card can pay for itself using its cashback features, especially on groceries and recurring bills.
Which Card Is Best for You?
The decision between the Scotiabank Passport Visa Infinite and the Scotia Momentum Visa Infinite depends on your lifestyle and spending habits. Here’s a simple breakdown:
Choose the Scotiabank Passport Visa Infinite if you:
- Travel frequently and want to save on foreign transaction fees.
- Like earning points that can be redeemed for flights, hotels, and other travel experiences.
- Appreciate perks like airport lounge access and travel insurance.
- Spend a significant amount on travel-related purchases like flights and accommodations.
Choose the Scotia Momentum Visa Infinite if you:
- Prefer cashback over travel rewards.
- Want to earn cashback on everyday purchases like groceries, gas, and bills?
- Don’t travel abroad frequently; you will benefit more from cashback rewards.
- Are looking for a card that provides purchase protection and mobile device insurance.
Pros and Cons Summary
Here’s a quick comparison to help you further:
| Card | Pros | Cons |
| Scotiabank Passport Visa Infinite | – No foreign transaction fees – Travel Insurance – Airport lounge access – Flexible travel rewards | – Higher annual fee – Less cashback potential for everyday purchases |
| Scotia Momentum Visa Infinite | – 4% cash back on groceries and recurring bills – Simple cashback structure – Purchase protection – Mobile device insurance | – Foreign transaction fees – No travel rewards or lounge access |
Final Thoughts: Which One Should You Pick?
The Scotiabank Passport Visa Infinite and Scotia Momentum Visa Infinite cards offer premium benefits, but the right one depends on how you spend your money.
If you’re a frequent traveler, the Scotiabank Passport Visa Infinite is likely the better choice because of its travel rewards and no foreign transaction fees. However, if you’re looking for a card that gives you cashback on everyday expenses, the Scotia Momentum Visa Infinite will help you maximize your savings.
Regardless of your chosen card, both come with solid rewards, purchase protection, and access to special Visa Infinite perks. It’s all about picking the card that best aligns with your spending habits and financial goals.
