Bank card comparability software
Examine your Visa choices with our interactive software and filter bank cards based mostly on rewards worth, annual charges, earnings necessities and extra.
Why belief us
MoneySense is an award-winning journal, serving to Canadians navigate cash issues since 1999. Our editorial staff of skilled journalists works carefully with main private finance consultants in Canada. That can assist you discover the very best monetary merchandise, we evaluate the choices from over 12 main establishments, together with banks, credit score unions and card issuers. Study extra about our advertising and trusted partners.
The very best Visa playing cards by class
As the most important bank card firm on the earth, Visa is a stable selection for any Canadian wanting the reassurance of extensive card acceptance each at dwelling and overseas—Visa playing cards are accepted in additional than 200 nations and territories. However which Visa do you have to select? This information to the very best Visa playing cards in Canada will aid you determine.
| Finest playing cards by class | Why we find it irresistible |
|---|---|
| Finest money again Visa CIBC Dividend Visa Infinite Annual payment: $120 |
Between 2% and 4% money again throughout 5 main spending classes, plus simple redemptions |
| Finest no-fee money again Visa Simplii Financial Cash Back Visa Annual payment: $0 |
Excellent for eating out, with 4% money again on restaurant, bar and low store purchases |
| Finest journey rewards Visa TD First Class Travel Visa Infinite Card Annual payment: $139 |
Robust 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 gasoline, groceries and Air Canada purchases, simple 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 gasoline, EV charging and groceries, and a pair of% again on every 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 provide: earn a ten% money again welcome bonus of as much as $250 (first 4 statements). Provide not accessible to QC residents. Phrases and situations apply.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Earnings required | Private earnings of $60,000 or family earnings of $100,000 |
| Credit score rating | 725 or larger |
Execs
- Excessive earn charges on 5 classes: Provides spectacular bonus charges of between 2% and 4% money again throughout 5 main spending classes.
- Straightforward redemption: Get your money again whenever you need it, utilizing the CIBC app. With many different playing cards, rewards are deposited into your account as soon as per yr.
- Gasoline financial savings: Hyperlink your card to Journie Rewards to get deeper reductions on gasoline at collaborating Pioneer, Fas Gasoline, Ultramar and Chevron stations.
- Insurance coverage protection: Comes with journey, automotive rental and new cell system insurance coverage.
Cons
- Restricted journey insurance coverage: The cardboard’s emergency journey medical insurance coverage covers the primary 10 days of your journey, so that you’ll have to purchase extra insurance coverage for longer journeys. Plus, there’s no misplaced and delayed baggage insurance coverage.
- Incomes cap: The caps on bonus earn charges are a bit stricter than these of another playing cards. After reaching $20,000 in purchases inside the bonus classes or $80,000 in whole spending, any extra purchases will solely earn 1% money again. This resets the day after your December assertion is issued.
Honourable point out
At a look: The Scotiabank Momentum Visa Infinite is our runner-up for the very best money again Visa for its strong buy and journey safety, in addition to its excessive earn charges—4% on groceries and recurring payments, 2% on gasoline and every 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 provide: earn 10% money again on all purchases for the primary 3 months (as much as $2,000 in whole 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 stability transfers |
| Earnings required | Private earnings of $60,000 or family earnings of $100,000 |
| Credit score rating | 725 or larger |
Finest no-fee money again Visa
At a look: The no-fee Simplii Monetary Money Again Visa provides 4% money again on purchases at eating places, bars and low outlets, making it a prime choose for many who prefer to dine out. The 1.5% return on gasoline, groceries and drugstore purchases can be respectable.
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Simplii Monetary Money Again Visa
Annual payment: $0
Welcome provide: earn a $100 Skip Digital Present Card† and 10% money again on eligible eating places, meals supply and bar purchases in your first 4 months (as much as $500 spend)†. Phrases and situations apply. Click on “go to website” for full particulars. This provide isn’t accessible for residents of Quebec.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Earnings required | $15,000 per yr |
| Credit score rating | 660 or larger |
Finest journey rewards Visa
At a look: When utilized in live performance with the Expedia for TD website, the TD First Class Journey Visa Infinite card can assist you rack up major travel points 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 in 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 provide: 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 accredited by January 6, 2025.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Earnings required | Private earnings of $60,000 or family earnings of $100,000 |
| Credit score rating | 680 or larger (really helpful) |
| 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 by way of 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 will get nice worth in your factors—if you know the way to play the factors recreation.
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TD Aeroplan Visa Infinite Card
Annual payment: $139 (waived first yr)
Welcome provide: 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 accredited by Jan. 6, 2025.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Earnings required | Private earnings of $60,000 or family earnings of $100,000 |
| Credit score rating | 680 or larger (really helpful) |
| Level worth | Aeroplan factors are price $0.02 on common. |
Finest low-interest Visa
At a look: The Flexi Visa from Desjardins credit score union is a brilliant monetary software for these seeking to get bank card debt underneath management. It provides a low buy rate of interest of 10.90%, in addition to a low money advance charge 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 very best Visa playing cards
Our editors apply their bank card experience and information of Canadians’ monetary objectives to provide you with choice standards that matches the wants of the supposed cardholder. To search out the very best Visa playing cards, we began with our checklist of the best credit cards overall—with every class having its personal distinct methodology. When the very best card general isn’t a Visa card, we pull the highest-ranked Visa different. We do the identical for Mastercard and American Express. The addition of hyperlinks from affiliate companions has no bearing on the outcomes. Learn extra about our selection process and about how MoneySense makes money.
