Visa credit cards are cards that use the Visa network, and they are accepted almost everywhere in Canada and internationally.
Many large banks and smaller financial institutions provide customers with Visa credit cards. These include the TD Cash Back Visa Infinite Card, CIBC Dividend Visa Infinite Card, and RBC ION Visa.
There are several categories of Visa cards, including cash back, rewards, and no-annual-fee Visa credit cards. In this guide, we’ll look at 16 of the best available in Canada right now.
Best Visa Credit Cards in Canada
Read on to find the best Visa credit cards in Canada, whether you’re looking for cash back, rewards, no-annual-fee, or travel rewards Visa credit cards.
Best Cash Back Visa Credit Cards
Earn cash on all your purchases with the best cash back Visa credit cards. Depending on the card, you can typically earn anything from 0.5% to 4% or more on your purchases.
1. Scotia Momentum Visa Infinite
Scotiabank Momentum Visa Infinite Card
Best for cash back rewards and premium perks
Annual fee: $120
Rewards: Earn between 1% and 4% cash back on purchases.
Welcome offer: Earn 10% cash back on purchases for the first 3 months up to $2,000 in purchases. Annual fee waiver for the first year.
Interest rates: 20.99% for purchases, 22.99% for cash advances.
Minimum income requirement: $60,000
Recommended credit score:
Very Good
On Scotiabank’s website
2. Simplii Financial Cash Back Visa Card
Simplii Financial Cash Back Visa Card
Excellent credit card for students and newcomers
Annual fee: $0
Rewards: Earn up to 4% cash back on high-spend categories.
Welcome offer: Get 9.99% interest on purchases for the first three months. Plus, For your first 3 months, enjoy 20% cash back on eligible gas, groceries, drugstore purchases and pre-authorized payments (up to $500 spend).
Interest rates: 19.99% on purchases and 22.99% on cash advances.
Minimum income requirement: Minimum annual household income is $15,000.
Recommended credit score:
Good
On Simplii’s website
3. CIBC Dividend Visa Infinite Card
CIBC Dividend Visa Infinite Card
Best for students and fair credit
Annual fee: $120
Rewards: Earn up to 4% cash back on high-spend categories.
Welcome offer: Get a rebate on the annual fee for the first year.
Interest rates: 20.99% on purchases and 22.99% on cash advances.
Minimum income requirement: A minimum annual personal income of $60,000 or household income of $100,000.
Recommended credit score:
Very Good
On CIBC’s website
4. TD Cash Back Visa Infinite Card
TD Cash Back Visa Infinite Card
Excellent cash back credit card
Annual fee: $139
Rewards: Earn 3% cash back on high-spend categories.
Interest rates: 20.99% on purchases and 22.99% on cash advances.
Minimum income requirement: $60,000 personal or $100,000 for household income
Recommended credit score:
Good
On TD’s website
5. Meridian Visa Infinite Cash Back Card
Meridian Visa Infinite Cash Back Card
Rewards: Up to 4% cash back on gas and grocery purchases.
Welcome offer: N/A.
Interest rates: 19.50% for purchases; 21.99% for cash advances.
Annual fee: $99; the first-year fee is waived.
Best Rewards Visa Credit Cards
Earn rewards points when you use the following Visa credit cards for your daily spending, then redeem points for discounts, savings, gift cards, and more.
6. RBC ION+ Visa Card
RBC ION+ Visa
Entry-level RBC credit card
Annual fee: $48
Welcome offer: Get 12,000 bonus Avion points following approval.
Rewards: Earn 3x Avion points per $1 spent on groceries, rides, gas, streaming, subscriptions, digital gaming, and EV charging; 1 Avion point for every $1 spent on all other purchases.
Interest rates: 19.99% on purchases and 22.99% on cash advances.
Minimum income requirement: None
Recommended credit score:
Good or better
On RBC’s website
Best No-Annual-Fee Visa Credit Cards
If you want to enjoy the benefits of a Visa credit card in Canada without paying an annual fee, the following cards are some of the best options currently available.
7. Scotia Momentum No-Fee Visa Card
Scotiabank Momentum No-Fee Visa Card
Rewards: Earn 1% cashback on gas, groceries & drugstore purchases; 0.50% cashback on everything else.
Welcome offer: Earn 5% cashback in the first 3 months on up to $2,000 spent ($100 value); 0.99% balance transfer for the first 6 months.
Interest rates: 19.99% on purchases; 22.99% on cash advances.
Annual fee: $0
8. RBC ION Visa
RBC ION Visa
Entry-level RBC rewards credit card
Annual fee: $0
Welcome offer: Get 6,000 bonus Avion points following approval.
Rewards: Earn 1.5x Avion points per $1 spent on groceries, rides, gas, streaming, subscriptions, digital gaming, and EV charging; 1 Avion point for every $1 spent on all other purchases.
Interest rates: 19.99% on purchases and 22.99% on cash advances.
Minimum income requirement: None
Recommended credit score:
Good or better
On RBC’s website
9. No-Fee Home Trust Preferred Visa Card
No-Fee Home Trust Preferred Visa Card
Good credit card for fair credit score
Annual fee: $0
Rewards: Earn 1% cash back on every purchase you make with the card.
Interest rates: 19.99% for purchases and cash advances.
Minimum income requirement: $
Recommended credit score:
Fair to Good
On Home Trust’s website
Best Travel Rewards Visa Cards
If you love travelling, one of the following travel rewards Visa credit cards could be ideal. With these, you can save on flights, hotels, and other travel-related expenses and enjoy additional perks like travel insurance coverage.
10. Scotiabank Passport Visa Infinite
Scotiabank Passport Visa Infinite Card
Best for no FX fees and travel perks
Annual fee: $150
Rewards: Earn 3x Scene+ points on eligible grocery purchases, 2x pts. on dining, entertainment and transit, and 1x pts. on everything else.
Welcome offer: Up to 40,000 bonus Scene+ points and no annual fee for the first year.
Interest rates: 20.99% for purchases, 22.99% for cash advances.
Minimum income requirement: $60,000
Recommended credit score:
Very Good
On Scotiabank’s website
11. RBC Avion Visa Infinite
RBC Avion Visa Infinite Card
Competitive RBC rewards credit card
Annual fee: $120
Rewards: Earn 25% extra points on travel-related purchases.
Interest rates: 19.99% on purchases and 22.99% on cash advances.
Minimum income requirement: A minimum annual personal income of $60,000 or household income of $100,000.
Recommended credit score:
Good or better
On RBC’s website
12. CIBC Aventura Visa Card
CIBC Aventura Visa Card
Entry-level credit card for travel rewards
Annual fee: $0
Rewards: Earn CIBC Aventura points on every purchase you make with the card.
Interest rates: 20.99% for purchases and 22.99% for advances for non-Quebec residents and 21.99% for Quebec residents.
Minimum income requirement: $15,000
Recommended credit score:
Very Good
On CIBC’s website
13. TD First Class Travel Visa Infinite Card
TD First Class Travel Visa Infinite Card
Good travel credit card
Annual fee: $139
Rewards: Earn TD Rewards Points for discounts on travel-related purchases.
Interest rates: 20.99% for purchases and 22.99% for cash advances
Minimum income requirement: $60,000 personal income or $100,000 household income.
Recommended credit score:
Good
On TD’s website
14. CIBC Aventura Visa Infinite Card
CIBC Aventura Visa Infinite Card
Great for travel insurance
Annual fee: $139
Rewards: Earn 2 points on every $1 spent on travel purchases.
Interest rates: 20.99% on purchases and 22.99% on cash advances.
Minimum income requirement: A minimum annual individual income of $60,000 or household income of $100,000.
Recommended credit score:
Good or better
On CIBC’s website
Worthy Mentions
15. BMO eclipse Visa Infinite
16. TD Aeroplan Visa Infinite Card
What Is a Visa Credit Card?
A Visa credit card is a credit card that processes payments on the Visa network. They are issued by financial institutions, and you can use them anywhere in the world where Visa is accepted.
Pros and Cons of Visa Credit Cards
Pros:
- Visa credit cards are accepted in stores and online almost everywhere in Canada and the world.
- They are easy and convenient to use, and they also provide a secure payment option.
- Many Visa credit cards come with the opportunity to earn rewards points, cash back, and other premium perks.
Cons:
- Some premium Visa credit cards may have high annual fees and strict eligibility requirements.
Visa vs Mastercard Credit Cards
There is not a huge difference between Visa and Mastercard credit cards. They both process payments in the same way; they just use different networks.
Whether you use a Visa or Mastercard, you will not notice any difference.
Visa is the market leader and processes more payments internationally. However, both Visa and Mastercard are accepted almost everywhere.
Visa also has some features that are unique to its network. For example, the Visa Airport Companion Program provides access to airport lounges worldwide, which is exclusive to Visa.
FAQs
The highest level of Visa credit card in Canada is Visa Platinum. Below this, you can get Visa Gold and Visa Classic credit cards.
Neither is better than the other, but Visa is the larger of the two and processes more transactions internationally.
Both Visa and Mastercard are very safe to use, and neither is considered safer than the other.
The easiest Visa cards to get are typically the Visa Classic cards offered by various financial institutions. These have fewer perks, and the eligibility requirements may be less strict.
Nearly all banks in Canada provide their customers with Visa credit cards, including TD, Scotiabank, CIBC, and RBC.
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