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Meridian Visa Infinite Cash Back, FYF + $100 cash + up to 4% cash back

  • Last Updated:
  • Nov 18th, 2018 9:11 am
Member
Dec 27, 2007
363 posts
117 upvotes
Rockstead wrote:
Nov 7th, 2018 6:55 am
So this has the exact same cash back as Scotia Momentum Visa Infinite but better insurance coverage?

Any other advantages? Like free supplementary cards? That would entice me to switch.
I confirmed with Meridian - the FYF applies to the supplementary cards as well.
Deal Addict
Jan 1, 2002
3118 posts
183 upvotes
Does anyone know if Scotia will offer to waive fees if you tell them you are leaving for Meridian?
Member
Mar 4, 2007
286 posts
48 upvotes
Kanata
agit wrote:
Nov 7th, 2018 6:57 pm
did it actually took that long 2 weeks for the letter and then 7-10 days wow
Yes, probably because of the strike...

I called the Cardholder Service number about the $100 Visa card yesterday and they suggested I call my local branch because apparently they issue them. I called the local branch this morning and they said the agent was silly to refer to the local branch. She forwarded me to someone else's number but I had to leave a voice mail. So the branch lady suggested to also try calling the main support number at 1-866-592-2226. I'll call that later if I don't get a response to the voice mail.
[OP]
Banned
Nov 4, 2018
17 posts
60 upvotes
tokyokam88 wrote:
Nov 7th, 2018 6:29 pm
If a Mobile Device is lost, stolen or suffers a mechanical
breakdown or Accidental Damage, the Insurer will
reimburse You the lesser of its repair or replacement
cost, not exceeding the depreciated value† of Your Mobile
Device at time of loss, less the applicable deductible††,
to a maximum of $1,000, subject to the Limitations and
Exclusions below.

The depreciated value of Your Mobile Device at date of
loss is calculated by deducting from the Purchase Price of
Your Mobile Device the depreciation cost of two percent
(2%) for each completed month from the date of purchase.
Meridian_CDW_Mobile Device_PP_EW_PPS_M20003_v2.indd 2 12/22/16 7:22 PM
†† The amount of the deductible is based on the Purchase
Price of Your Mobile Device less any applicable taxes, as
determined from the following table:
PURCHASE PRICE LESS TAX DEDUCTIBLE AMOUNT
$0.00 - $200.00 $25
$200.01 - $400.00 $50
$400.01 - $600.00 $75
$600.01 and greater $100
For example, if You purchase a new Mobile Device for a
total Purchase Price of $800 ($700 + $100 in applicable
taxes) on April 1, 2017, and file a claim on January 21,
2018, the maximum amount of reimbursement available
to You is calculated as follows:
1. We calculate the depreciated value of Your Mobile
Device:
Purchase Price $800
Less depreciation cost -$128 (2% X 8 months X $800)
Depreciated value $672
2. We then apply the deductible applicable to the
Purchase Price less taxes ($800 - $100 = $700) as set
out in the table above, to determine the maximum
amount of reimbursement available to You:
Depreciated value $672
Less applicable deductible -$100
Maximum reimbursement $572
In the event You file a repair claim and the total cost of
repair is $300, including applicable taxes, upon approval of
Your claim, the maximum reimbursement available to You
is $300.
In the event Your Mobile Device is lost or stolen and,
upon approval of Your claim, You purchase a replacement
Mobile Device for a price of $700 including applicable
taxes, the maximum reimbursement available to You is
$572.
All claims are subject to the terms, conditions, and
Limitations and Exclusions set out in this Certificate of
Insurance. For details on how to file Your claim, please
refer to the How to Claim section.
wow....i think i need a Excel sheet to calculate.... :)
a little bit complicated than i thought

thx for sharing this info
Jr. Member
May 2, 2017
101 posts
216 upvotes
Ive got a response and needed to present 2 IDs at a branch but there are no nearby Meridian branches in my city. What to do now? No go?
Member
User avatar
Dec 2, 2009
412 posts
43 upvotes
BC
kkostadinof wrote:
Nov 7th, 2018 8:24 pm
I confirmed with Meridian - the FYF applies to the supplementary cards as well.
Ahh, too bad it was free for the life of the card.
Jr. Member
Feb 22, 2015
156 posts
86 upvotes
Edmonton, AB
If I don't need the insurance, am I better off with Scotia Momentum Infinite VISA?
Newbie
Jul 2, 2018
43 posts
49 upvotes
agit wrote:
Nov 7th, 2018 6:59 pm
LOL Everyone in RFD makes over 100k and our investments over 250K
Pretty sure if you haven't amounted 250k in savings you are not a real RFD member
Deal Addict
Feb 24, 2008
1617 posts
285 upvotes
Do you have to be a Meridian banking client to apply for this card?
Jr. Member
Mar 28, 2011
109 posts
42 upvotes
Oakville
trilobites wrote:
Nov 7th, 2018 2:37 pm
applied and will need to wait for review 7-10 days

It's standard for everybody, it seems.
Even for my credit score 845 points.
Deal Fanatic
Aug 15, 2015
6147 posts
2203 upvotes
ON
Thanks. Will ditch the Scotia Infinite and replace it with this.
Newbie
Jan 15, 2013
45 posts
14 upvotes
Not available in Quebec (not mentioned anywhere but when you apply, the province selection for your address doesn’t include Quebec)
Member
User avatar
Dec 2, 2009
412 posts
43 upvotes
BC
Beket wrote:
Nov 8th, 2018 10:05 pm
It's standard for everybody, it seems.
Even for my credit score 845 points.
Cool, thanks for the data point.
Member
Oct 26, 2011
307 posts
126 upvotes
Just a heads up that the Scotia card includes more in the 2% category than this card. In particular this card only has 2% for utilities. The Scotia card is 2% for recurring payments.

I just switched to this last month from the Scotia card so am using the Rogers WE 1.75% for my non utility recurring payments now.

The travel insurances are nice as and so is the ability to redeem more than once a year.
Deal Addict
Sep 2, 2006
2301 posts
554 upvotes
Orleans
I don't know about Ratehub. Was going to apply directly on Meridian. Is Ratehub credible & safe?

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