Updated: March 20, 2014 at 3:26 AM

ScotiaBank Momentum Infinite Visa

This card  offers 4% cash back on gas and groceries, and 1% on everything else. It also has an annual fee of $99. Compared to the MBNA Smart Cash, you would need to spend $5000 a year on gas and groceries to break even. That's a $100 a week. If you spend more than $5000 on gas a groceries that accept VISA a year, then this card is the better choice. Note that No Frills, a popular grocery store, does not accept VISA. 

For me, personally, I do shop at No Frills and do no fill up $100 a week on gas.


Verdict: Recommended only for those who spend more than $5000 on gas and groceries on stores that accept VISA
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