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Mr. Loonie

Comparing 2 cards

CIBC Dividend Visa Infinite vs Scotia Momentum Visa Infinite+

At typical spending, CIBC Dividend Visa Infinite is worth $48 more in year one and $48 more every year after.

Worked out from each card’s fees, earn rates and welcome offer. How we work it out

Your spending a month
What’s in each?
Light:
Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
Typical:
Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
Big:
Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400

CIBC

CIBC Dividend® Visa Infinite Card

Remove CIBC Dividend Visa Infinite

Scotiabank

Scotia Momentum® Visa Infinite+ Card

Remove Scotia Momentum Visa Infinite+
What it’s worth to you
Better: $926
Year one
Better: Every year after $806

Cash back, counted at face value. Why we value CIBC Dividend Visa Infinite this way

Better: $878
Year one
Better: Every year after $758

Cash back, counted at face value. Why we value Scotia Momentum Visa Infinite+ this way

Apply now with CIBC (opens in a new tab)
Apply now with Scotiabank (opens in a new tab)
We may earn a fee when you apply through these links. It never changes the numbers.

Lower is better here.

Annual fee
$120$0 in year one
$120$0 in year one
Extra card For a partner or family member
$50 a year
$50 a year
Foreign currency fee On purchases in another currency
2.5%
2.5%
Interest on purchases
21.99%
Better: 20.99%
Interest on cash advances
22.99%
22.99%
Cash advance fee
$5.00
1%, Minimum of $5
Balance transfer fee
3%, Maximum
1%, Minimum of $5
Late payment fee
$0
$0
Source
cibc.comChecked Nov 8, 2026
scotiabank.comChecked Nov 8, 2026

Typical spending, $2,500 a month. Bigger is better.

Groceries $9,600 a year
Better: $384 4% back
Better: $384 4% back
Restaurants $3,000 a year
Better: $60 2% back
Better: $30 1% back (base rate)
Gas $3,000 a year
Better: $120 4% back
Better: $60 2% back
Recurring bills $3,000 a year
Better: $60 2% back
Better: $120 4% back
Travel $1,800 a year
Better: $36 2% back
Better: $18 1% back (base rate)
Everything else (base rate) $7,800 a year
Better: $78 1% back
Better: $78 1% back
Foreign currency $1,800 a year
Better: $18 1% back (base rate)
Better: $18 1% back (base rate)
Total earned Before fees and the welcome offer
Better: $756
Better: $708
Foreign currency fee On the budget’s foreign spending. * Fee not listed, counted at the usual rate
Better: $45
Better: $45
Perks you’d use Lounge visits and cover, at what they cost on their own
Better: $215
Better: $215
Limits
None listed
Groceries: Up to $25,000 in spending per year (shared with other categories). Recurring bills: Up to $25,000 in spending per year (shared with other categories). Gas: Up to $25,000 in spending per year (shared with other categories). Transit: Up to $25,000 in spending per year (shared with other categories). Food delivery: Up to $25,000 in spending per year (shared with other categories)
Source
cibc.comChecked Nov 8, 2026
scotiabank.comChecked Nov 8, 2026

Car rental damage
Included
Included
Extended warranty
Included
Included
Purchase protection
Included
Included
Travel accident
Included
Included
Mobile device
Included
Up to $1,000
Travel medical
Included
Up to $1,000,000
Trip cancellation
Not listed
Included
Trip interruption
Not listed
Included
Flight delay
Not listed
Included
Baggage delay
Not listed
Included
Lost baggage
Not listed
Included
Mobile wallets
Apple Pay, Google Pay, Samsung Pay
Apple Pay, Google Pay, Samsung Pay

Personal income Minimum the bank lists
$60,000 a year
$60,000 a year
Household income Or this, instead of personal
$100,000 a year
$100,000 a year
Newcomer program
Not listed
Scotiabank StartRight
Network
Visa
Visa
Expert Score From critic reviews, shown, not ranked
Expert Score 8.1 out of 10. Very good
Expert Score 8.5 out of 10. Excellent
Source
cibc.comChecked Nov 8, 2026
scotiabank.comChecked Nov 8, 2026

Quebec rules change some rates and fees.

Different in Quebec
Balance transfer rate: 21.99%. Cash advance rate: 21.99%. Over-limit fee: none.
Same as the rest of Canada

Mr. Loonie’s tip Look at every year after before year one. A big welcome offer pays once; the earn rates pay every month you keep the card.

Questions

How do you work out year one?

We add what each card earns at your spending, plus the part of the welcome offer you’d get, then take off the first year’s annual fee. Every year after leaves out the offer and uses the regular fee.

Can I compare more than two cards?

Yes, up to four. Tap Add a card above the table, or + Compare on any card page.

Do banks pay to appear here?

No. You pick the cards and the math decides the numbers. We may earn a fee when you apply through some links. That never changes a number.

Year one adds what each card earns at the spending you picked, plus the part of the welcome offer that spending reaches, then takes off the first year’s fee. Every year after leaves out the offer and uses the regular fee. Points are counted at the value shown under each card.

Sources, checked by us:

  • CIBC Dividend Visa Infinite: cibc.com, checked Nov 8, 2026
  • Scotia Momentum Visa Infinite+: scotiabank.com, checked Nov 8, 2026

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. Values are estimates for the spending you picked, rounded to the nearest dollar.

Spot something wrong? We’ll check it with the bank. Suggest a correction

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