Bank card comparability instrument
Examine your Visa choices with our interactive instrument and filter bank cards based mostly on rewards worth, annual charges, revenue necessities and extra.
Why belief us
MoneySense is an award-winning journal, serving to Canadians navigate cash issues since 1999. Our editorial workforce of educated journalists works carefully with main private finance specialists in Canada. That can assist you discover the perfect monetary merchandise, we evaluate the choices from over 12 main establishments, together with banks, credit score unions and card issuers. Be taught extra about our promoting and trusted companions.
One of the best Visa playing cards by class
As the most important bank card firm on the planet, Visa is a stable selection for any Canadian wanting the reassurance of vast card acceptance each at house and overseas—Visa playing cards are accepted in additional than 200 nations and territories. However which Visa must you select? This information to the perfect Visa playing cards in Canada will aid you resolve.
| Finest playing cards by class | Why we like it |
|---|---|
| Finest money again Visa CIBC Dividend Visa Infinite Annual payment: $120 |
Between 2% and 4% money again throughout 5 main spending classes, plus straightforward redemptions |
| Finest no-fee money again Visa Simplii Monetary Money Again Visa Annual payment: $0 |
Good for eating out, with 4% money again on restaurant, bar and occasional store purchases |
| Finest journey rewards Visa TD First Class Journey Visa Infinite Card Annual payment: $139 |
Sturdy return on spending when reserving with Expedia for TD, plus an annual $100 journey credit score |
| Finest airline journey bank card (Aeroplan) TD Aeroplan Visa Infinite Card Annual payment: $139 |
Excessive earn charges on fuel, groceries and Air Canada purchases, straightforward redemptions and a $100 Nexus payment rebate each 2 years |
| Finest low-interest Visa Flexi Visa Annual payment: $0 |
A low 10.90% rate of interest on purchases, with no annual payment |
Finest money again Visa
At a look: Take the sting out of rising costs with the CIBC Dividend Visa Infinite’s return of 4% money again on fuel, EV charging and groceries, and a pair of% again on day by day transit (together with rideshares and public transit), eating and recurring funds. You’ll additionally get perks like journey medical and rental automotive collision insurance coverage.
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CIBC Dividend Visa Infinite
Annual payment: $120 (rebated first yr)
Welcome supply: earn a ten% money again welcome bonus of as much as $250 (first 4 statements). Provide not obtainable to QC residents. Phrases and situations apply.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Earnings required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 725 or greater |
Honourable point out
At a look: The Scotiabank Momentum Visa Infinite is our runner-up for the perfect money again Visa for its sturdy buy and journey safety, in addition to its excessive earn charges—4% on groceries and recurring payments, 2% on fuel and day by day transit (together with public transit, taxis and rideshares), and 1% on all different purchases.
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Scotiabank Momentum Visa Infinite
Annual payment: $120
Welcome supply: earn 10% money again on all purchases for the primary 3 months (as much as $2,000 in complete purchases). No annual payment within the first yr, together with on extra playing cards. Provide ends October 31, 2024.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Earnings required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 725 or greater |
Finest no-fee money again Visa
At a look: The no-fee Simplii Monetary Money Again Visa presents 4% money again on purchases at eating places, bars and occasional outlets, making it a high choose for individuals who wish to dine out. The 1.5% return on fuel, groceries and drugstore purchases can be respectable.
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Simplii Monetary Money Again Visa
Annual payment: $0
Welcome supply: earn a $100 Skip Digital Present Card† and 10% money again on eligible eating places, meals supply and bar purchases on your first 4 months (as much as $500 spend)†. Phrases and situations apply. Click on “go to web site” for full particulars. This supply isn’t obtainable for residents of Quebec.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Earnings required | $15,000 per yr |
| Credit score rating | 660 or greater |
Finest journey rewards Visa
At a look: When utilized in live performance with the Expedia for TD web site, the TD First Class Journey Visa Infinite card might help you rack up main journey factors that may be redeemed simply for a variety of journey rewards. This program retains it easy with no blackout dates, no seat restrictions and no expiry on your factors. As one other stable perk, get a $100 annual journey credit score whenever you spend greater than $500 on Expedia for TD.
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TD First Class Journey Visa Infinite Card
Annual payment: $139 (waived first yr)
Welcome supply: Earn as much as $1,000 in worth, together with as much as 135,000 TD Rewards factors and no annual payment for the primary yr. Circumstances apply. Account have to be accepted by January 6, 2025.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Earnings required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 680 or greater (really useful) |
| Anniversary bonus | Earn an annual birthday bonus of 10% of your earlier yr’s factors (as much as 10,000 factors). |
| Level worth | 1 TD Rewards level = $0.005 when redeemed for journey by way of Expedia For TD or $0.004 when redeemed via different suppliers and web sites. |
Finest airline journey bank card
For Aeroplan
At a look: If Air Canada is your airline of selection, check out the TD Aeroplan Visa Infinite Card. It offers you entry to quite a few airline perks, and with Aeroplan’s journey rewards chart and most well-liked pricing coverage, you may get nice worth on your factors—if you understand how to play the factors recreation.
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TD Aeroplan Visa Infinite Card
Annual payment: $139 (waived first yr)
Welcome supply: Earn as much as $1,500 in worth, together with as much as 50,000 Aeroplan factors and no annual payment for the primary yr. Circumstances apply. Account have to be accepted by Jan. 6, 2025.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Earnings required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 680 or greater (really useful) |
| Level worth | Aeroplan factors are value $0.02 on common. |
Professionals
- Versatile redemption: Use Aeroplan factors for each Air Canada seat with out restrictions or blackout durations. Plus, in contrast to most airline loyalty packages, you should utilize factors on a number of airways within the Star Alliance program, together with United Airways and Lufthansa.
- Aeroplan perks: Earn Aeroplan Standing Qualifying Miles with on a regular basis purchases, permitting you to progress in Aeroplan standing and get entry to perks like precedence seat choice, complimentary checked baggage and airport lounge entry.
- Nexus payment rebate: Get a rebate in your Nexus customs journey software as soon as each 48 months (value $100).
- In depth journey insurance coverage: Contains complete protection, together with resort and motel housebreaking insurance coverage.
Cons
- Restricted airline redemptions: For the reason that TD Aeroplan Visa Infinite Card is an airline loyalty card, you possibly can’t redeem factors for flights on simply any airline.
- Advanced rewards program: You get loads of worth with Aeroplan, however factors are redeemed in line with a flight reward chart, together with particular journey zones. Although this might help maximize the worth of your rewards, it’s not probably the most intuitive program for newbie collectors.
Finest low-interest Visa
At a look: The Flexi Visa from Desjardins credit score union is a brilliant monetary instrument for these seeking to get bank card debt below management. It presents a low buy rate of interest of 10.90%, in addition to a low money advance price of 12.90%. Plus, it has some extra perks like journey insurance coverage, choose rental automotive reductions and cell system insurance coverage—all for no annual payment.
Flexi Visa
Annual payment: $0
Low rates of interest: 10.90% on purchases and 12.90% on money advances
Card particulars
| Rates of interest | 10.90% on purchases and 12.90% on money advances |
| Earnings required | Not specified |
| Credit score rating | Not specified |
How we decide the perfect Visa playing cards
Our editors apply their bank card experience and information of Canadians’ monetary objectives to give you choice standards that matches the wants of the supposed cardholder. To search out the perfect Visa playing cards, we began with our record of the finest bank cards total—with every class having its personal distinct methodology. When the perfect card total isn’t a Visa card, we pull the highest-ranked Visa various. We do the identical for Mastercard and American Specific. The addition of hyperlinks from affiliate companions has no bearing on the outcomes. Learn extra about our choice course of and about how MoneySense makes cash.
