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16 Best Visa Credit Cards in Canada in 2024

Updated:

Fact Checked

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:
760
900

Very Good

Scotiabank Momentum Visa Infinite Card

On Scotiabank’s website

  • Earn 4% cash back on groceries, subscriptions, and recurring bill payments.
  • Earn 2% cash back on gas and daily transit.
  • Earn 1% cashback.
  • Comprehensive travel insurance benefits are included when you use your card for 75% or more of trip costs.
  • New mobile device insurance included.
  • Access to Visa Infinite Hotel Collection with the best hotel rates and automatic room upgrades.
  • Enjoy savings on car rentals with AVIS and Budget in Canada and the United States.
  • $60,000 annual income or $100,000 minimum household income required.

Earn up to 4% cashback

Travel insurance included

Comes with several premium perks

High annual fee

High-income requirement

The Scotiabank Momentum Visa Infinite Card is a good option for anyone who wants to earn cashback on their everyday purchases. It also includes travel insurance and new device insurance coverage plus additional perks like access to the Visa Infinite Hotel Collection.

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: 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:
660
900

Good

Simplii Financial Cash Back Visa Credit Card

On Simplii’s website

  • Earn 4% cash back on eligible restaurant, bar, and coffee shop purchases (capped at $5,000 per year).
  • Earn 1.5% cash back on eligible gas, groceries, and drugstore purchases, as well as recurring payments (capped at $15,000 spent per year).
  • Earn 0.5% cash back on all other purchases without any cap.
  • The minimum annual household income is $15,000.

No annual fee

Competitive purchase APR at 19.99%

0.5% cash back is unlimited

Limited insurance benefits

Limited travel benefits

4% cash back categories are capped at $5,000 annually

The Simplii Financial Cash Back Visa Card offers competitive cash back on everyday purchases with no annual fee. It’s a great starter card to build your credit score while earning cash back on your most common purchases.

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:
760
900

Very Good

CIBC Dividend Visa Infinite Card

On CIBC’s website

  • Earn 4% cash back on gas and grocery purchases.
  • Earn 2% cash back on transportation, dining, and recurring payments.
  • Earn 1% cash back on everything else.
  • Maximize your earnings with no limit on the total cash back you can earn.
  • Access insurance benefits like mobile device insurance and emergency travel medical insurance.
  • Get up 10 cents off per litre on gas at participating locations when you link your card with Journie Rewards.
  • Save up to 25% on car rentals at participating Avis and Budget locations worldwide.
  • Access Visa Infinite benefits, including exclusive ticket access, hotel perks, dining events, and wine tastings.
  • Save with no transaction fees on sending money abroad.
  • A minimum annual personal income of $60,000 or household income of $100,000 is required to apply.

No limit on cash back rewards

Competitive 4% cash back in high-spend categories

Attractive additional rewards

High purchase APR at 20.99%

Minimum income requirement may be restrictive

Limited travel benefits

The CIBC Dividend Visa Infinite Card offers a competitive cash back program with no limit on its rewards. Its manageable annual fee makes it an attractive option for those interested in a cash back card with the potential for robust earnings.

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:
660
900

Good

TD Cash Back Visa Infinite Card

On TD’s website

  • Earn 3% in Cash Back Dollars on eligible grocery purchases, gas purchases, and recurring bill payments.
  • Earn 1% in Cash Back Dollars on all other purchases.
  • Redeem Cash Back Dollars to pay down your credit card balance.
  • Cash Back Dollars never expire.
  • Access Visa Infinite benefits including exclusive ticket access, hotel perks, dining events, and wine tastings.
  • Save 10% on Avis and Budget car rentals in Canada and the U.S.
  • Access some travel insurance benefits, including travel medical and lost baggage.
  • Earn 50% more Cash Back Dollars at participating Starbucks locations.

Up to 3% cash back on high-spend categories

Cash Back Dollars never expire

Use rewards toward paying card balance

High purchase APR at 20.99%

Limited travel benefits

The TD Cash Back Infinite Visa Card offers a robust cash back program with a wide range to maximize Cash Back Dollars earned. With a manageable annual fee, it also comes with some premium perks.

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 3,500 bonus Avion points following approval, and earn 3,500 bonus points when you spend $500 in the first 3 months.

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:
660
900

Good or better

rbc ionplusvisacc-img

On RBC’s website

  • Earn 3 Avion points for every dollar you spend on groceries, rideshare, daily public transit, gas, streaming, subscriptions, and digital gaming.
  • Earn 1 Avion point for every dollar you spend on all other qualifying purchases.
  • Save 3¢/L on fuel purchased at Petro-Canada when you link your credit card to your Petro-Canada Card.
  • Redeem your points for air travel, gift cards, merchandise, statement credits, dining, etc. The minimum redemption is only $10.
  • Get a 3-month complimentary DashPass subscription, valued at almost $30.
  • Offers mobile device insurance and optional travel insurance coverage.
  • Includes Purchase Security and Extended Warranty Insurance.

Competitive purchase APR at 19.99%

Attractive point redemption options

No minimum income threshold

Limited insurance benefits

The conversion rate for points is not as enticing

The RBC ION+ Visa is a step up from the RBC ION Visa, with double the points on specific purchases. It is an excellent choice for students or newcomers looking to get approved for their first credit card in Canada.

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); introductory 0% interest on balance transfers 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 3,500 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:
660
900

Good or better

rbc ion visacard-img

On RBC’s website

  • Earn 1.5 Avion points for every dollar you spend on groceries, rideshare, daily public transit, gas, streaming, subscriptions, and digital gaming.
  • Earn 1 Avion point for every dollar you spend on all other qualifying purchases.
  • Save 3¢/L on fuel purchased at Petro-Canada when you link your credit card to your Petro-Canada Card.
  • Redeem your points for air travel, gift cards, merchandise, statement credits, dining, etc. The minimum redemption is only $10.
  • Get a 3-month complimentary DashPass subscription, valued at almost $30.
  • Includes Purchase Security and Extended Warranty Insurance.

Competitive purchase APR at 19.99%

Attractive point redemption options

No minimum income threshold

Limited insurance benefits

The conversion rate for points is not as enticing

The RBC ION Visa is an excellent choice if you are a student or newcomer looking to get approved for a credit card with little to no credit history. It has no annual fees, and the Avion points you earn are easy to redeem.

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:
560
900

Fair to Good

No-Fee Home Trust Preferred Visa Card

On Home Trust’s website

  • Earn 1% cash back on every purchase you make with this card.
  • No foreign exchange fees on international purchases.
  • Visa Zero Liability for protection against unauthorized purchases.
  • Accepted in more than 200 countries and territories around the world.
  • Purchase Security Insurance for up to 90 days from purchase.
  • Guaranteed Hotel Reservations even if you arrive late.
  • Compatible with digital wallets like Apple Pay or Google Pay.

Earn 1% cash back on every purchase

No foreign exchange fees

No annual fees

1% cash back is lower than other cards

Not available to residents of Quebec

The Home Trust No Fee Preferred Visa Rewards Credit Card is a basic 1% cash back card. The hidden value of this credit card is the no foreign exchange fees which makes it an ideal card to use while travelling.

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 35,000 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:
760
900

Very Good

scotiabank passport visa infinite card

On Scotiabank’s website

  • Earn 3x Scene+ points for shopping at select grocery stores, including Sobeys and Safeway.
  • Earn 2x points on dining, select grocery stores, entertainment venues and eligible transit options.
  • Earn 1 point for all other eligible purchases.
  • No foreign transaction fees on purchases overseas.
  • Includes Avis® Preferred Plus membership.
  • Access to over 1,200 global airport lounges with the Visa Airport Companion Program.
  • Comprehensive travel insurance benefits are included.
  • A minimum annual income of $60,000 or a minimum household income of $100,000 is required.

Earn up to 3x Scene+ points

No foreign transaction fees

Premium perks like travel insurance included

High-income requirement of $60,000

$150 annual fee

The Scotiabank Passport Visa Infinite Card is a great option for anyone who wants to earn Scene+ points on their purchases. Zero foreign exchange fees, comprehensive travel insurance coverage, and Visa Airport Companion Program membership also make it a good option for travelers.

11. RBC Avion Visa Infinite

RBC Avion Visa Infinite Card

Competitive RBC rewards credit card

Annual fee: $120

Rewards: Earn 1 Avion point for every dollar you spend, plus 25% more points on travel-related purchases.

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:
660
900

Good or better

RBC Avion Visa Infinite Card

On RBC’s website

  • Earn 1 Avion point for every dollar you spend.
  • Get 25% extra points on eligible travel-related purchases.
  • Redeem your points for air travel, with flights as low as 15,000 Avion points, or other merchandise, gift cards, or vouchers.
  • Cash in points toward paying off your credit card balance.
  • Use points to fly with any airline at any time of the year, including during peak travel seasons.
  • A minimum annual personal income of $60,000 or household income of $100,000 is required to apply.

Competitive purchase APR at 19.99%

Attractive point redemption options

 Earn points across spend categories

Limited insurance benefits

Minimum income requirement may be restrictive

The RBC Avion Visa Infinite Card provides attractive point redemption options for frequent flyers. With a manageable annual fee, it’s a good option for those who will maximize its rewards system by spending on travel.

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:
760
900

Very Good

CIBC Aventura Visa Card For Students

On CIBC’s website

  • Earn 1 Aventura point for every $1.00 spent on gas, groceries, or drug stores.
  • Earn 1 Aventura point for every $1.00 spent on CIBC Rewards travel charges.
  • Earn 1 Aventura point for every $2.00 spent anywhere else.
  • Aventura Travel Assistant for personalized trip planning.
  • Extra protection of up to 90 days on new purchases.
  • Flexible travel with Aventura points that do not expire.
  • Use Aventura points for CIBC Rewards, travel, or paying down your credit card bill.
  • Auto rental collision and Loss Damage Insurance.
  • $100,000 Common Carrier Accident Insurance.
  • Purchase Security and Extended Protection Insurance.
  • CIBC Pace It allows you to buy now and pay at your convenience.

No annual or supplemental fees for up to 3 cards

Earn Aventura points that do not expire

Generous welcome bonus

High-interest rate

Slightly higher eligibility requirements

Limited travel insurance

The CIBC Aventura Visa Card is an excellent free rewards card with slightly higher than normal eligibility requirements. The Aventura point system is flexible and offers a long list of generous rewards and products and best of all the points do not expire.

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:
660
900

Good

TD First Class Travel Visa Infinite Card

On TD’s website

  • Earn 8 TD Rewards Points for every $1 spent to book travel via Expedia® For TD.
  • Earn 6 TD Rewards Points for every $1 spent on restaurants and groceries.
  • Earn 4 TD Rewards Points for every $1 spent on recurring bill payments.
  • Earn 2 TD Rewards Points for every $1 spent on other purchases with no spend cap.
  • Earn Birthday Bonus of 10,000 additional points.
  • Earn additional points at participating Starbucks stores.
  • Save on car rentals at Avis and Budget.
  • Use points for discounts on flights and other travel expenses as well as at Amazon.ca.
  • Annual TD Travel Credit worth $100 if you make a booking at Expedia® For TD.
  • Extensive travel insurance coverage is included.
  • Annual fee of $50 for the first extra cardholder and $0 for other cardholders.
  • $60,000 personal income or $100,000 household income requirement.

Good rewards scheme for travellers

Includes comprehensive travel insurance coverage

Additional travel-related premium perks

High annual income requirement

Annual fee for primary and first additional cardholder

As the name suggests, the TD First Class Travel Visa Infinite Card could be a great choice for travellers. Not only can you earn TD Rewards Points that you can spend on travel-related purchases, but the card comes with extensive travel insurance coverage and other perks like discounts on car rentals.

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:
660
900

Good or better

On CIBC’s website

  • Earn 2 points per dollar on travel purchased through the CIBC Rewards Centre.
  • Earn 1.5 points per dollar on eligible gas station, grocery store, and drug store purchases.
  • Save up 10 cents per litre on eligible gas purchases. 
  • Earn 1 point per dollar on all other purchases.
  • Access various travel insurance benefits, including emergency medical, flight delay and baggage, hotel burglary, and rental car insurance.
  • Redeem points to cover full airfare, including taxes and fees.
  • A minimum annual individual income of $60,000 or household income of $100,000 is required to apply.

More points on high-spend categories

Comprehensive suite of travel insurance benefits

Points redeemable for airfare

Minimum income requirement may be restrictive

Travel must be booked through the card’s rewards centre

High purchase APR at 20.99%

The CIBC Aventura Visa Infinite Card offers a flexible travel rewards program that’s great for frequent travelers and those who will maximize its points system. It also includes a solid list of insurance coverages while still maintaining a reasonable annual fee.

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

What is the highest level of Visa credit card?

The highest level of Visa credit card in Canada is Visa Platinum. Below this, you can get Visa Gold and Visa Classic credit cards.

Is Visa better than Mastercard?

Neither is better than the other, but Visa is the larger of the two and processes more transactions internationally.

Which is safer: Visa or Mastercard?

Both Visa and Mastercard are very safe to use, and neither is considered safer than the other.

Which Visa card is easiest to get?

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.

Which Canadian banks have Visa credit cards?

Nearly all banks in Canada provide their customers with Visa credit cards, including TD, Scotiabank, CIBC, and RBC.

Related:

Best Credit Offers in July 2024

Get the top savings and spending account and stop paying costly bank fees ($20 Bonus)

Save on fees and access unlimited transactions, eTransfers & bill payments.

Get a $20 instant bonus after completing your first purchase.

Earn up to 5% unlimited cash back and up to 5% interest on your balance.

Guaranteed instant approval with any credit score + free budgeting app.

Earn a non-promotional 5.00% interest on your savings account

One of Canada's top high-interest savings accounts with up to 5%.

Free access to a hybrid account with unlimited transactions & e-transfers.

Access to a prepaid card that pays 0.50% cashback on all purchases.

No monthly or annual fees.

Stop paying monthly fees with a free chequing account + $400 bonus

Get a $400 cash bonus when you set up a qualifying direct deposit.

Unlimited debits, online bill payments and Interac e-Transfer transactions.

No monthly or annual account fees.

Earn a high interest rate on your savings (5.90% interest rate offer).

Author

Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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