9 Best Visa Credit Cards In Canada (Dec 2022)

October 3, 2022
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There are quite a few good Visa credit cards out there, but some stand out above the rest for their impressive welcome bonuses, promotional cash back rates, and excellent rewards. I constantly keep up with the latest promotional rates and policy changes and make my recommendations below based on years of experience.

I recommend the BMO eclipse Visa Infinite Card as the #1 Visa credit card in Canada due to its low monthly fees, very high earn rate on gas, groceries, and transit, and access to exclusive Visa services. It has low annual fees for a Visa card and offers generous travel benefits like insurance and up to 10% bonus points when you add an authorized user.

What Is A Visa Credit Card?

Visa credit cards are a type of credit card that uses the Visa network – one of the world's largest electronic payments networks – to provide consumers and businesses an easy way to pay and get paid. The Visa network is supported in more than 200 countries and millions of businesses worldwide.

To provide credit cards, Visa partners with banks and other financial institutions that issue credit cards in Canada; these institutions set the requirements and benefits of their credit cards and Visa provides the framework through which transactions can be completed. Currently, Visa is partnered with 10 of the largest banks in Canada, including the Bank of Montreal (BMO), CIBC, and the Royal Bank of Canada.

Without further ado, here are the best Visa cards Canada has to offer:

The Best Visa Credit Cards In Canada

  1. BMO eclipse Visa Infinite Card: Best for low annual fee and access to the Visa Infinite Luxury Hotel Collection
  2. BMO eclipse Visa Infinite Privilege Card: Best for Airport Companion membership plus lounge visits
  3. CIBC Dividend Visa Infinite Card: Best for generous cash back on gas and groceries
  4. Home Trust Preferred Visa Card: Best for no annual fee and no foreign exchange fees
  5. RBC Avion Visa Infinite: Best for travel and medical insurance
  6. Scotia Momentum Visa Infinite Card: Best for promotional cash back rate for the first three months
  7. Scotiabank Passport Visa Infinite Card: Best for access to the Visa Infinite Concierge, Hotel, and Dining and Wine programs
  8. TD Aeroplan Visa Infinite Card: Best for complimentary emergency roadside assistance
  9. TD Cash Back Visa Infinite Card: Best for travel insurance

BMO Eclipse Visa Infinite Card

Great for high earn rate on groceries, gas, and transit
  • Annual Fee
    $120 (1st year free)
  • Interest Rate
    20.99% on purchases, 23.99% on cash advances
  • Welcome Bonus
    70,000 pts
  • Rec. Credit Score
    725+
  • Features & Benefits

    • Earn 70,000 bonus points as a welcome bonus for your first year
    • Earn a $50 lifestyle credit as a welcome bonus
    • Add an authorized user and earn 10% bonus points
    • Redeem your points to pay for purchases
  • Pros & Cons

    Why we like it

    Great for high earn rate on groceries, gas, and transit

    Pros

    • 70,000 bonus welcome points
    • Earn 5 BMO Rewards points per $1 spent on groceries, gas, and transit
    • Earn 10% more BMO Reward points when you add an authorized user
    • Car rental & mobile device insurance (for up to $1,000)
    • Complimentary Concierge service through the Visa Infinite Concierge program
    • Comprehensive travel and medical insurance

    Cons

    • Requires a minimum yearly income of $60,000
    • Needs an excellent credit score (725+)
  • More Details

    Bonuses and fees 

    The BMO Eclipse World Elite Mastercard has an annual fee of $120, and, like all BMO cards, it is completely waived for new cardholders for the first year. To apply for this card, you will need an income of $60,000 and a credit score of 725 or more. It offers attractive travel benefits and includes access to the Visa Infinite Troon Golf Benefit at over 95 resorts.

    Rewards

    With this card, you can earn points on every purchase. Here are the rates:

    • 5 points per $1 spent on dining, eats & drinks, gas, and transit
    • 1 point per $1 spent everywhere else

    Perks and benefits

    • 10% more points on all purchases when you add an authorized user
    • $50 annual Lifestyle Credit
    • Access to the Visa Infinite Luxury Hotel Collection and Visa Infinite Concierge

    Insurance 

    The BMO Eclipse Visa Infinite offers insurance in several categories:

    • Mobile device insurance
    • Travel insurance
    • Emergency medical insurance
    • Car rental collission
    • Extended warranty

BMO Eclipse Visa Infinite Privilege Card

Great for earn rate
  • Annual Fee
    $499
  • Interest Rate
    20.99% on purchases, 23.99% on cash advanes
  • Welcome Bonus
    90,200 pts
  • Rec. Credit Score
    760+
  • Features & Benefits

    • Earn 90,000 points as a welcome bonus for your first year
    • Earn a $200 annual lifestyle credit as a welcome bonus
    • Add an authorized used and earn 25% bonus points
    • Redeem your points to pay for purchases
    • Complimentary Visa Airport Companion membership plus complimentary lounge visits
    • Access to Visa Airport Experiences, Visa Infinite Dining Series, and Visa Infinite Wine Country
  • Pros & Cons

    Why we like it

    Great for earn rate

    Pros

    • 90,200 bonus welcome points
    • Earn 5 BMO Rewards points per $1 spent on groceries, gas, and transit
    • Earn 25% more BMO Reward points when you add an authorized user
    • Car rental & mobile device insurance (for up to $1,000)
    • Comprehensive travel and medical insurance
    • Access to Priority Security Lane on airports and valet services discounts

    Cons

    • Very high annual fee ($499)
    • Needs an excellent credit score (760+)
  • More Details

    Bonuses and fees 

    The BMO Eclipse Visa Infinite Privilege is a premium travel card with an annual fee of $499. To apply, cardholders need to provide proof of an income of at least $150,000 and have an excellent credit score of at least 760. 

    Rewards

    With this card, you can earn points on every purchase. Here are the rates:

    • 5 points per $1 spent on groceries, gas, dining, travel, and drugstores
    • 1 point per $1 spent everywhere else

    Perks and benefits

    • 25% bonus points when you add an authorized user to your account
    • $200 annual travel credit
    • Priority Security Lane and Priority Boarding
    • 6 complimentary airport lounge visits per year
    • Access to the Visa Infinite Luxury Hotel Collection and Visa Infinite Concierge

    Insurance 

    Some of the insured categories include:

    • Flight delay insurance 
    • Baggage insurance
    • Emergency medical insurance
    • Mobile device insurance
    • Car rental collission

CIBC Dividend Visa Infinite Card

Great for high earn rate on groceries and gas stations
  • Annual Fee
    $120
  • Interest Rate
    20.99% on purchases, 22.99% on cash advances
  • Welcome Bonus
    N/A
  • Rec. Credit Score
    725+
  • Features & Benefits

    • Redeem your cash back through CIBC Online at any time after you accumulate $25
    • Save by using your CIBC Dividend Visa Infinite Card at Pioneer, Ultramar, Fas Gas, and Chevron gas stations
  • Pros & Cons

    Why we like it

    Great for high earn rate on groceries and gas stations

    Pros

    • First year's fee is completely waived
    • 4% cash back on gas and groceries
    • 2% cash back on travel, dining, and subscriptions
    • Earn 10 cents per litre at Pioneer, Chevron, Fas Gas, and Ultramar
    • Comprehensive travel and medical insurance
    • Cash back rewards are redeemable within 5 days

    Cons

    • High credit score to qualify (at least 725)
    • Requires a minimum yearly income of $60,000
  • More Details

    Bonuses and fees

    The CIBC Dividend Visa Infinite Card has an annual fee of $120 plus $30 for each additional cardholder. The minimum income required to apply for this card is a combined $100,000 household income or $60,000 individual income and a credit score of at least 725.

    If you have a CIBC Smart Plus Account, you will get a full rebate on the annual fee.

    Rewards

    With the CIBC Dividend Visa Infinite, you get 4% cash back at grocery shops and gas stations, and if you join the Journie Rewards program, you can get a further 10 cents off per litre of gas at Fas Gas, Ultramar, Chevron, and Pioneer. For transportation, restaurants, and recurring bills, you get up to 2% cash back, and there is no limit on the amount of cash back you can earn per year. All other purchases yield 1% cash back.

    Perks and Benefits

    • Comprehensive insurance that includes travel, medical, and mobile device expenses.
    • 0.25% cash back when you send money abroad through a CIBC Global Money Transfer. There are no interest or transaction fees
    • 25% off car rentals at partner Budget and Avis stores worldwide
    • Exclusive access to dining events, hotel benefits, and concierge services

Home Trust Preferred Visa Card

Great for no foreign fees and no limit on how much cash back you can earn
  • Annual Fee
    $0
  • Interest Rate
    19.99% on purchases, 19.99% on cash advances
  • Welcome Bonus
    N/A
  • Rec. Credit Score
    660+
  • Features & Benefits

    • No foreign exchange fee
    • No limit on how much cash back you can earn
    • No annual fee
  • Pros & Cons

    Why we like it

    Great for no foreign fees and no limit on how much cash back you can earn

    Pros

    • No foreign exchange fees when purchasing abroad or online
    • No annual fee
    • 1% cash back on all purchases
    • No cap on how much cash back you can earn
    • Car rental insurance
    • Visa Zero Liability Policy

    Cons

    • No welcome bonus
    • Needs a good credit score (660+)
  • More Details

    Bonuses and fees

    The Home Trust Preferred Visa Card offers cash back on all purchases and doesn’t charge any annual or management fees. The cash back rate is low compared to other credit cards, but it makes up for it by not charging foreign exchange fees and offering no-limit cash back on all purchases.

    Perks and Benefits 

    • 1% cash back on all purchases
    • No foreign exchange fees
    • No limit on how much cash back you can earn every year
    • Zero Liability policy
    • Accepted wherever Visa is accepted

RBC Avion Visa Infinite

Great for high earn rates on travel-related purchases, rentals, and flights
  • Annual Fee
    $120
  • Interest Rate
    19.99% on purchases, 21.99% on cash advances
  • Welcome Bonus
    55,000 pts
  • Rec. Credit Score
    760+
  • Features & Benefits

    • 15,000 RBC Rewards points as a welcome bonus
    • Earn bonus RBC Rewards points when you shopping at RBC Rewards eMall
    • Earn bonus RBC Rewards points when you use Carlson Wagonlit Travel to book your travel or rent a car at Thrifty Car Rental
  • Pros & Cons

    Why we like it

    Great for high earn rates on travel-related purchases, rentals, and flights

    Pros

    • 55,000 bonus welcome points
    • Earn 1 RBC point per $1 on all purchases
    • Earn 25% more points (1.25 RBC points per dollar) on travel related purchases like travel, rentals, and bookings
    • Book flights and don't worry about blackout periods or seat restrictions
    • Comprehensive travel and medical insurance
    • Plan your vacations and purchase flight tickets directly from RBC's travel portal

    Cons

    • Requires a minimum yearly income of $60,000
    • Needs an excellent credit score (760+)
  • More Details

    Bonuses and fees

    The RBC Avion Visa Infinite card has an annual fee of $120 and has one of the best welcome offers of a travel credit card. It requires a minimum income of $60,000+ and an excellent credit score (760+).

    Perks and Benefits

    With this card, you can earn RBC Rewards points on all your purchases and redeem them for travel rewards. Here are the current rates:

    • 35,000 RBC Rewards points after getting your card approved
    • 20,000 bonus RBC Rewards points if you spend $5,000 within the first 6 months of receiving your card
    • 1 RBC Rewards point per $1 spent on all purchases
    • 1.25 RBC Rewards points (25% bonus points) at eligible travel purchases

    Redeeming Your Rewards

    You can redeem your RBC Rewards points through RBC’s Rewards portal and choose from the Air Travel Redemption schedule a destination, an airline, and more. Flights start at 15,000 RBC and can go as high as 100,000 for destinations like New Zealand, the Middle East, and Asia. Here are some other ways you can redeem your points:

    • Choose from over 50,000 tech products and merchandise
    • Gift cards
    • RBC Financial Vouchers
    • Convert your points to other rewards programs like Hudson Bay Rewards points and WestJet Dollars
    • Use your points to pay your credit card balance

    Insurance

    This card comes with comprehensive insurance, and some of the categories include are:

    • Out of province/country emergency medical insurance
    • Travel accident insurance
    • Auto rental collision insurance
    • Trip delay or cancellation insurance
    • Hotel/motel burglary insurance
    • Mobile device insurance

    You can check their page for an extensive breakdown of all the applicable scenarios and exceptions.

Scotia Momentum Visa Infinite Card

Great for promotional cash back rate and high earn rates on groceries and online subscriptions
  • Annual Fee
    $120 (1st year free)
  • Interest Rate
    20.99% on purchases, 22.99% on cash advances
  • Welcome Bonus
    $200
  • Rec. Credit Score
    660+
  • Features & Benefits

    • Earn $200 cash back as a welcome bonus after spending $2,000 within 3 months
    • Annual fee waived in the first year
  • Pros & Cons

    Why we like it

    Great for promotional cash back rate and high earn rates on groceries and online subscriptions

    Pros

    • $200 bonus
    • Earn 10% cash back on all purchases for the first 3 months
    • Comprehensive travel and medical insurance
    • 4% cash back on groceries and subscription purchases
    • Extended warranty and protection on all purchases
    • No fees when requesting additional cards

    Cons

    • Requires a minimum yearly income of $60,000
    • Rewards can only be redeemed yearly
  • More Details

    Bonuses and fees

    The Scotia Momentum Visa Infinite Card is one of the best promotional cash back cards. It has an annual fee of $120, which is completely waived for the first year. For the first three month, you will have a 10% cash back rate on all purchases, up to a maximum of $2,000 spent ($200 cash back).

    Rewards

    After the promotional period, the cash back rates are still very generous, and you will earn:

    • 4% cash back on groceries, subscriptions, and recurring bills
    • 2% cash back on all gas and transit spending
    • 1% cash back on all other purchases

    There are no limits on how much cash back you can earn every year.

    Perks and Benefits 

    Some additional benefits of this card include:

    • Complimentary Visa Concierge services
    • Access to the Visa Infinite Hotel Collection and the Visa Infinite Dining and Wine program
    • 25% off car rentals at Budget and Avis stores worldwide

    Insurance

    This card comes with comprehensive insurance; some of the insured categories include:

    • Auto rental collision insurance
    • Trip delay or cancellation insurance
    • Flight delay and lost or stolen baggage insurance
    • New Mobile Device Insurance
    • Travel Emergency Medical Insurance
    • Travel accident protection

Scotiabank Passport Visa Infinite Card

Great for complimentary airport lounge access and comprehensive medical and travel insurance
  • Annual Fee
    $139
  • Interest Rate
    19.99% on purchases, 22.99% on cash advances
  • Welcome Bonus
    25,000 Scene+ points
  • Rec. Credit Score
    660+
  • Features & Benefits

    • Earn 35,000 bonus Scene+ points in your first year as a welcome bonus
    • No foreign transaction fee
  • Pros & Cons

    Why we like it

    Great for complimentary airport lounge access and comprehensive medical and travel insurance

    Pros

    • 25,000 Scene+ points bonus
    • No foreign exchange fees when purchasing abroad or online
    • Earn 2x Scene+ points per $1 spent at grocery stores, restaurants, and daily transit
    • Waive interest rates on purchases over $100 when using Scotia SelectPayTM
    • 6 complimentary airport lounge access per year (over 1,300 lounges to choose from)
    • Comprehensive travel and medical insurance

    Cons

    • High annual fee
    • Requires a minimum yearly income of $60,000
  • More Details

    Bonuses and fees 

    The Scotiabank Passport Visa Infinite Card is a premium travel credit card with an annual fee of $139. To apply for this card, you need a good credit score of at least 660 and a minimum income of $60,000. This card doesn’t charge transaction fees (on purchases abroad or online) and offers useful travel perks for frequent travellers.

    Rewards

    When you use this card to make purchases, you will earn Scene+ points at a rate of:

    • 2 Scene+ points per $1 spent on groceries, dining, entertainment, and transit
    • 1 Scene+ point per $1 spent on all other purchases

    There’s no limit to how much cash back you can earn in a year, and your points will not expire as long as your account is in good standing.

    Perks and benefits

    Some additional benefits include:

    • No foreign transaction fees
    • Complimentary access to airport lounges (6 per year)
    • Book travels directly from the Scene+ Travel portal
    • Complimentary Avis car rental membership plus 25% discount on car rentals
    • Access to the Visa Infinite Concierge, Hotel, and Dining and Wine programs

    Insurance

    • Flight delay insurance & trip interruption insurance
    • Travel emergency medical insurance
    • Car rental collision insurance
    • Car rental collission
    • Hotel/motel burglary insurance
    • Extended warranty protection

TD Aeroplan Visa Infinite Card

Great for earning Aeroplan points, a generous welcome bonus, and exclusive travel perks
  • Annual Fee
    $139
  • Interest Rate
    19.99% on purchases, 22.99% on cash advances
  • Welcome Bonus
    50,000 pts
  • Rec. Credit Score
    660+
  • Features & Benefits

    • Earn 10,000 Aeroplan points as a welcome bonus when you make your first purchase
    • Earn 20,000 bonus Aeroplan points after you spend $1,500 within 90 days
    • Earn 20,000 Aeroplan points as a welcome bonus when you spend $7,500 within 12 months
    • No annual fee for the first year
    • Emergency Road Services plus complimentary TD Auto Club membership
    • Access to Visa Infinite Concierge service
  • Pros & Cons

    Why we like it

    Great for earning Aeroplan points, a generous welcome bonus, and exclusive travel perks

    Pros

    • 50,000 bonus welcome points
    • Earn 1.5 Aeroplan points per $1 spent
    • Earn double the points when you pay with your card at over 320 partner brands
    • Your Aeroplan points won't expire as long as your card is in good standing
    • Comprehensive travel and medical insurance
    • Complimentary Concierge service

    Cons

    • Needs a good credit score (660+)
    • Requires a minimum yearly income of $60,000
  • More Details

    Bonuses and fees

    The annual fee is $139, somewhat high compared to other credit cards, but it makes up for it with very good perks and benefits and a completely free first year. It also comes with 50,000 Aeroplan points, and you get an additional 20,000 points when you spend $1,500 within 90 days of opening your account and when you spend $7,500 within 12 months of opening your account.

    Earning points

    With the TD Aeroplan Visa Infinite Card, you can earn points on everyday spending. For all purchases made from Air Canada, you’ll earn 1.5 Aeroplan points; the same rate applies when you purchase groceries and pay for gas. Earn 1 point on all other purchases.

    Perks and Benefits

    • Link your TD Aeroplan account with your Starbucks Rewards Account and earn 50% more Aeroplan points and 50% more Stars at Starbucks stores
    • Twice the points when you pay using the TD Aeroplan Visa Infinite Card at over 300 partner brands
    • Another benefit is that you can set up payments over $100 and pay them over 18 months at a 0% annual interest rate.
    • Enroll for NEXUS and get a $100 rebate every 48 months
    • Free Uber Pass membership for 6 months

TD Cash Back Visa Infinite Card

Great for promotional cash back rate, plus medical and travel insurance
  • Annual Fee
    $120 (1st year free)
  • Interest Rate
    20.99% on purchases, 22.99% on cash advances
  • Welcome Bonus
    $200
  • Rec. Credit Score
    725+
  • Features & Benefits

    • Earn $200 cash back bonus as a welcome bonus after spending $2,000 within the first 3 months
    • Earn $210 cash back bonus as a welcome bonus after spending $3,500 on groceries and gas within the first 3 months
    • No annual fee for the first year
    • Emergency Road Services plus complimentary TD Auto Club membership
    • Access to Visa Infinite Concierge service
  • Pros & Cons

    Why we like it

    Great for promotional cash back rate, plus medical and travel insurance

    Pros

    • $200 bonus
    • Earn 10% cash back on all purchases for the first 3 months
    • 3% cash back on grocery, gas, and bill payments
    • Comprehensive travel and medical insurance
    • Link your TD card to your Starbucks account and earn 50% more Stars on all purchases
    • Complimentary Concierge service

    Cons

    • Requires a minimum yearly income of $60,000
    • High annual fee ($120)
  • More Details

    Bonuses and fees

    The TD Cash Back Visa Infinite Card lives up to its name and is tied with some of Canada's best cash back cards in terms of rewards. It offers a 10% promotional cash back bonus on all purchases for the first three months, and it completely waives the first-year $120 fee. You can spend a maximum of $2,000 during the promotional period for a total of $200 cash back.

    Rewards

    After the three-month period or whenever you reach the $2,000 cap, you will start earning:

    • 3% cash back on groceries, gas, and recurring bill payments like subscriptions
    • 1% cash back on all other purchases

    Your points will never expire as long as your account is in good standing..

    Perks and Benefits 

    Some additional benefits of this card include:

    • Complimentary Visa Infinite Concierge services
    • Access to the Visa Infinite Luxury Hotel Collection
    • Access to the Visa Infinite Dining and Wine program

    Insurance

    This card includes comprehensive medical and travel insurance. Here are the categories:

    • Auto rental collision insurance
    • Trip delay or cancellation insurance
    • Flight delay and lost or stolen baggage insurance
    • Travel Emergency Medical Insurance
    • Travel accident protection

How Do Visa Credit Cards Work In Canada?

Visa is one of the largest credit card networks in Canada, and it is accepted in businesses in more than 200 countries and territories worldwide. Visa itself doesn’t issue or distribute cards; instead, it partners with financial institutions and provides access to the Visa payment network.

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Credit card issuers (financial institutions) set the terms and conditions for their cards, including all the perks and benefits. Visa cards are available for individuals and businesses, and Visa Inc. earns a small commission from the merchant every time a customer uses the Visa network.

All Visa credit cards include a unique 16-digit number printed on the front, a microchip (designed to prevent fraud and protect cardholders), and a magnetic strip on the back.

Pros & Cons Of A Visa Credit Card

Pros: Why a Visa credit card may be worth it

  • Access to exclusive Visa services like Visa Infinite Luxury Hotel Collection and Visa Infinite Concierge
  • Withdraw from over 2.5 million ATMs worldwide
  • Supported in over 200 countries and territories
  • Generous welcome bonus on all their cards
  • Partnered with 10 of the biggest financial institutions in Canada
  • Comprehensive travel and medical insurance

Cons: Why a Visa credit card may not be worth it

  • High annual fees ($120+)
  • Most Visa credit cards require good-to-very good credit scores (660+)

How To Choose A Visa Credit Card In Canada

Card type

The most important thing you should consider when shopping for a Visa credit card is the type. Based on your spending and your long-term goals you may want to go for a cash back or a travel Visa credit card. In general cash back credit cards have lower annual fees, but if you travel often it might be worth it to pay the higher annual fee of a travel credit card for the additional perks and travel benefits.

Annual fee

Another important fact to consider is the annual fees. Visa credit cards can have very different annual fees, but in general, they range from $120 to $150. This may seem high, but if you’re a frequent traveller or spend a lot of money at eligible stores, you will easily offset this fee with all the cash back and travel benefits like free stays at hotels and flights.

Welcome Bonus And Promotional Rates

Most Visa credit cards come with a generous welcome bonus. This is very common for credit cards with high fees somewhat high fees – additionally, some Visa cards offer to waive the first year’s fee completely. Additionally, you will find that reward credit cards offer very attractive promotional rates for the first couple of months. It’s usually very easy to earn enough from these benefits to justify paying a higher annual fee.

Exclusive Visa Benefits

Most Visa cards come with exclusive access to some of their services. These are particularly relevant if you’re looking for a travel credit card with extensive coverage:

  • Visa Infinite Luxury Hotel Collection 
  • Visa Infinite Concierge
  • Visa Infinite Troon Golf Benefit 
  • Visa Airport Companion membership
  • Visa Airport Experiences
  • Visa Infinite Dining Series
  • Visa Infinite Wine Country

Credit Card Insurance & Purchase Warranties

Some Visa credit cards include comprehensive travel and medical insurance. These cards usually have the highest annual fees but are a must if you travel often, and especially if you travel with your family. Here are some of the most common insured categories you can expect:

  • Baggage delay insurance
  • Baggage loss insurance
  • Car rental insurance
  • Mobile Device Insurance
  • Flight delay insurance
  • Travel emergency and accident insurance
  • Trip interruption
  • Trip cancellation 

What Financial Institutions Offer Visa Credit Cards?

In Canada, there are five tiers of Visa credit cards for consumers. These are accepted in over 200 countries and millions of ATMs worldwide. Here’s a list of all the financial institutions in Canada that have partnered with Visa to offer one of their five tiers of credit cards:

  • Bank of Montreal
  • Canadian Imperial Bank of Commerce
  • Chase Canada
  • Desjardins
  • Home Trust Company
  • Laurentian Bank
  • Royal Bank of Canada
  • Scotiabank
  • TD Canada Trust
  • Vancouver City Savings Credit Union

For reference, here are the five tiers of Visa credit cards. The higher the tier, the higher the benefits you can expect, and the higher the annual fee and overall requirements:

  • Visa Classic
  • Visa Gold
  • Visa Platinum
  • Visa Infinite
  • Visa Infinite Privilege

How To Apply For A Visa Credit Card In Canada

Age

In Canada, the minimum age to apply for a credit card is the age of the majority. Teens under that age can’t get approved for credit cards but can be added as authorized users to one of their parent’s credit cards. For reference, the age of the majority in Alberta, Manitoba, Ontario, Quebec, Prince Edward Island, and Saskatchewan is 18 years old. In all other provinces, the age of the majority is 19.

Residency Status

Canadian credit cards are available to residents and non-permanent residents. However, most premium credit cards require you to be a Canadian resident. You don't even need a credit history for other card types like prepaid and secured credit cards. Residency requirements will depend on the specific credit card issuer and the type of card.

Credit score

Most Visa credit cards in Canada require a good to excellent credit score. The higher your credit score, the more likely your application will be accepted, and the cards with the higher requirements usually have the best welcome bonuses. Anything above 725 and you should easily qualify for most Visa cards. 

Personal Or Household Income Requirements

Some Visa credit cards have an income requirement ranging from $60,000-$80,000 for individuals or $100,000-$150,000 for households. These cards also require a higher credit score and come with the best benefits.

Visa Credit Cards FAQs

What Is The Best Free Visa Credit Card In Canada?

The best free Visa credit card in Canada is the Home Trust Preferred Visa Card. It comes with unlimited cash back, no foreign fees on online and in-person purchases, and car rental insurance.

Which Card Is Better To Use Visa Or Mastercard?

There is no clear winner; both have wide acceptance in Canada and offer similar benefits. Both are also extremely secure and are accepted worldwide.

What Are The Visa Credit Card Tiers?

In Canada there are five tiers of Visa credit cards for consumers. The higher the tier, the higher the fees and the better the perks. Some of the perks include exclusive access to Visa services like access to the Visa Infinite Luxury Hotel Collection, Visa Infinite Concierge, and Visa Infinite Troon Golf courses.

For reference, here are the five credit cards tiers:

  • Visa Classic
  • Visa Gold
  • Visa Platinum
  • Visa Infinite
  • Visa Infinite Privilege. 

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