Which has the lower annual fee, CIBC Dividend Visa Infinite or Scotia Momentum Visa Infinite?

Both cards have the same annual fee of $120.

Which card is better for groceries, CIBC Dividend Visa Infinite or Scotia Momentum Visa Infinite?

The CIBC Dividend Visa Infinite 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.

CIBC Dividend Visa Infinite vs Scotia Momentum Visa Infinite — Which Is Better? | Churnr

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

CIBC Dividend Visa Infinite edges ahead by $81/yr

Scotia Momentum Visa Infinite earns $96 more on bills & utilities
CIBC Dividend Visa Infinite earns $72 more on gas

Bills & Utilities: +$96Gas: +$72Everything Else: +$60

CIBC Dividend Visa Infinite: $30/yr in foreign transaction fees

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

Showing Year 1 analysis

Dollar Value

Winner

$983

/first year

2.3% effective$82/mo

vs 1% no-fee card: +$564

Annual rewards earned+$1,003

Welcome bonus+$10

First-year fee waiver+$120

FX costs−$30

Annual fee−$120

$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 spendingCIBC Dividend Visa Infinite—$983Year 1 value

+$81 more than Scotia Momentum Visa Infinite

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Earn Rates by Category

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The Bottom Line

CIBC Dividend Visa Infinite edges ahead by $81/yr

Scotia Momentum Visa Infinite earns $96 more on bills & utilities
CIBC Dividend Visa Infinite earns $72 more on gas

Bills & Utilities: +$96Gas: +$72Everything Else: +$60

Showing Year 1 analysis

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

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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