Which has the lower annual fee, Cash Back World Elite Mastercard or Scotia Momentum Visa Infinite?

The Scotia Momentum Visa Infinite has a $120 annual fee, while the Cash Back World Elite Mastercard charges $130/year.

Which card is better for groceries, Cash Back World Elite Mastercard or Scotia Momentum Visa Infinite?

The Cash Back World Elite Mastercard earns 4% on groceries, while the Scotia Momentum Visa Infinite earns 4%. The better choice depends on your grocery spending and the specific merchants you shop at.

Cash Back World Elite Mastercard vs Scotia Momentum Visa Infinite — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

Scotia Momentum Visa Infinite wins by $407/yr — strongest in bills & utilities

Scotia Momentum Visa Infinite earns $192 more on bills & utilities
Cash Back World Elite Mastercard earns $72 more on gas

Bills & Utilities: +$192Gas: +$72Shopping: +$42

Cash Back World Elite Mastercard: $30/yr in foreign transaction fees

Scotia Momentum Visa Infinite: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$495

/first year

1.2% effective$41/mo

vs 1% no-fee card: +$76

Annual rewards earned+$655

FX costs−$30

Annual fee−$130

Winner

$902

/first year

2.2% effective$75/mo

vs 1% no-fee card: +$483

Annual rewards earned+$922

Welcome bonus+$10

First-year fee waiver+$120

FX costs−$30

Annual fee−$120

Best for your spendingScotia Momentum Visa Infinite—$902Year 1 value

+$407 more than Cash Back World Elite Mastercard

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Downgrade

Coming soon

The Bottom Line

Scotia Momentum Visa Infinite wins by $407/yr — strongest in bills & utilities

Scotia Momentum Visa Infinite earns $192 more on bills & utilities
Cash Back World Elite Mastercard earns $72 more on gas

Bills & Utilities: +$192Gas: +$72Shopping: +$42

Showing Year 1 analysis

Scotia Momentum Visa Infinite wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Feb 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

Found an error? Report incorrect data