Quote:
Originally Posted by Jimmy Stang
The Scotiabank Visa Momentum Infinite is my "gas and grocery" card, but I can probably shift some recurring payments over to it to make up the difference in gas. The increase in fee kind of sucks, but without any comparable alternatives, I'll probably just suck it up as I know I'll still end up getting a good chunk of money back.
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To save on the Infinite Momentum fee, I ended up signing up for their Ultimate Bank Account. Keeping $5000 in a checking account to save $120 after tax ends up being pretty competitive to any high interest savings rate and I can save a bit more with several free commissions a year using their iTrade platform for stock transactions.
There's also a $300 sign-up bonus at the moment if you don't have an existing Scotiabank checking account, plus a $75 cash back:
hhttps://www.greatcanadianrebates.ca/...imate-Package/