Bank card comparability software
Evaluate your Visa choices with our interactive software 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 group of educated journalists works intently with main private finance consultants in Canada. That will help you discover the most effective 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 perfect Visa playing cards by class
As the biggest bank card firm on the earth, Visa is a stable alternative for any Canadian wanting the reassurance of large card acceptance each at residence and overseas—Visa playing cards are accepted in additional than 200 international locations and territories. However which Visa must you select? This information to the most effective Visa playing cards in Canada will show you how to determine.
| Greatest playing cards by class | Why we adore it |
|---|---|
| Greatest money again Visa CIBC Dividend Visa Infinite Annual price: $120 |
Between 2% and 4% money again throughout 5 main spending classes, plus straightforward redemptions |
| Greatest no-fee money again Visa Simplii Financial Cash Back Visa Annual price: $0 |
Excellent for eating out, with 4% money again on restaurant, bar and low store purchases |
| Greatest journey rewards Visa TD First Class Travel Visa Infinite Card Annual price: $139 |
Sturdy return on spending when reserving with Expedia for TD, plus an annual $100 journey credit score |
| Greatest airline journey bank card (Aeroplan) TD Aeroplan Visa Infinite Card Annual price: $139 |
Excessive earn charges on gasoline, groceries and Air Canada purchases, straightforward redemptions and a $100 Nexus price rebate each 2 years |
| Greatest low-interest Visa Flexi Visa Annual price: $0 |
A low 10.90% rate of interest on purchases, with no annual price |
Greatest 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 couple of% again on each 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 price: $120 (rebated first yr)
Welcome supply: 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 |
| Revenue 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 most effective 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 gasoline and each day transit (together with public transit, taxis and rideshares), and 1% on all different purchases.
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Scotiabank Momentum Visa Infinite
Annual price: $120
Welcome supply: earn 10% money again on all purchases for the primary 3 months (as much as $2,000 in whole purchases). No annual price 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 |
| Revenue required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 725 or greater |
Greatest 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 low outlets, making it a high choose for many who prefer to dine out. The 1.5% return on gasoline, groceries and drugstore purchases can also be respectable.
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Simplii Monetary Money Again Visa
Annual price: $0
Welcome supply: earn a $100 Skip Digital Present Card† and 10% money again on eligible eating places, meals supply and bar purchases to your first 4 months (as much as $500 spend)†. Phrases and situations apply. Click on “go to website” for full particulars. This supply is just not accessible for residents of Quebec.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Revenue required | $15,000 per yr |
| Credit score rating | 660 or greater |
Greatest 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 will help 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 to your factors. As one other stable perk, get a $100 annual journey credit score while you spend greater than $500 on Expedia for TD.
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TD First Class Journey Visa Infinite Card
Annual price: $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 price for the primary yr. Circumstances apply. Account have to be authorized by January 6, 2025.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Revenue required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 680 or greater (beneficial) |
| 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. |
Greatest airline journey bank card
For Aeroplan
At a look: If Air Canada is your airline of alternative, check out the TD Aeroplan Visa Infinite Card. It provides you entry to quite a few airline perks, and with Aeroplan’s journey rewards chart and most popular pricing coverage, you will get nice worth to your factors—if you understand how to play the factors recreation.
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TD Aeroplan Visa Infinite Card
Annual price: $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 price for the primary yr. Circumstances apply. Account have to be authorized by Jan. 6, 2025.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers |
| Revenue required | Private revenue of $60,000 or family revenue of $100,000 |
| Credit score rating | 680 or greater (beneficial) |
| Level worth | Aeroplan factors are price $0.02 on common. |
Professionals
- Versatile redemption: Use Aeroplan factors for each Air Canada seat with out restrictions or blackout intervals. Plus, in contrast to most airline loyalty applications, you need to use 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 price rebate: Get a rebate in your Nexus customs journey software as soon as each 48 months (price $100).
- Intensive journey insurance coverage: Contains complete protection, together with lodge and motel housebreaking insurance coverage.
Cons
- Restricted airline redemptions: For the reason that TD Aeroplan Visa Infinite Card is an airline loyalty card, you may’t redeem factors for flights on simply any airline.
- Advanced rewards program: You get lots of worth with Aeroplan, however factors are redeemed in accordance with a flight reward chart, together with particular journey zones. Although this will help maximize the worth of your rewards, it’s not probably the most intuitive program for newbie collectors.
Greatest low-interest Visa
At a look: The Flexi Visa from Desjardins credit score union is a brilliant monetary software for these trying to get bank card debt underneath management. It presents 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 price.
Flexi Visa
Annual price: $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 |
| Revenue required | Not specified |
| Credit score rating | Not specified |
How we decide the most effective Visa playing cards
Our editors apply their bank card experience and data of Canadians’ monetary objectives to provide you with choice standards that matches the wants of the meant cardholder. To seek out the most effective Visa playing cards, we began with our listing of the best credit cards overall—with every class having its personal distinct methodology. When the most effective card general is just not a Visa card, we pull the highest-ranked Visa various. 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.
