Credit card comparison tool
Compare your Visa options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more.
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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
The best Visa cards by category
As the largest credit card company in the world, Visa is a solid choice for any Canadian wanting the assurance of wide card acceptance both at home and abroad—Visa cards are accepted in more than 200 countries and territories. But which Visa should you choose? This guide to the best Visa cards in Canada will help you decide.
| Best cards by category | Highlights | Details | Eligibility requirements |
|---|---|---|---|
| FEATURED CIBC Dividend Visa Infinite  GO TO SITE | Award: Best cash back Visa Best feature: Between 2% and 4% cash back across five major spending categories, plus easy redemptions | Annual fee: $120 Rewards: 1% to 4% cash back Interest rates: 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers | Income: $60,000 (personal) or $100,000 (household) Credit score: 725 or higher |
| FEATURED Simplii Financial Cash Back Visa  GO TO SITE | Award: Best no-fee cash back Visa Best feature: Perfect for dining out, with 4% cash back on restaurant, bar and coffee shop purchases | Annual fee: $0 Rewards: 0.5% to 4% cash back Interest rates: 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers | Income: $15,000 (personal) Credit score: 660 or higher |
| FEATURED TD First Class Travel Visa Infinite Card  GO TO SITE | Award: Best travel rewards Visa Best feature: Strong return on spending when booking with Expedia for TD, plus an annual $100 travel credit | Annual fee: $139 Rewards: 2 to 8 TD Rewards points per dollar Interest rates: 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers | Income: $60,000 (personal) or $100,000 (household) Credit score: 680 or higher (recommended) |
| FEATURED TD Aeroplan Visa Infinite Card  GO TO SITE | Award: Best airline travel credit card (Aeroplan) Best feature: High earn rates on gas, groceries and Air Canada purchases, easy redemptions and a $100 Nexus fee rebate every 2 years | Annual fee: $139 Rewards: 1 to 1.5 Aeroplan points per dollar Interest rates: 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers | Income: $60,000 (personal) or $100,000 (household) Credit score: 680 or higher (recommended) |
Flexi Visa LEARN MORE | Award: Best low-interest Visa Best feature: A low 10.90% interest rate on purchases, with no annual fee | Annual fee: $0 Rewards: None Interest rates: 10.90% on purchases and 12.90% on cash advances | Income: None specified Credit score: None specified |
How we determine the best Visa cards
MoneySense editors start by coming up with a list of the best overall credit cards in Canada. If the top card in Canada for a given category is a Visa, we may choose to include it on this page. And if our top pick is a Mastercard or American Express card, then we look to the next-best card, and so on, until we find the best Visa credit card for each category on this list. Since each category is unique, we use different selection criteria each time. The addition of links from affiliate partners has no bearing on the results. Read more about our selection process and about how MoneySense makes money.
Best cash back Visa
At a glance: Take the sting out of rising prices with the CIBC Dividend Visa Infinite’s return of 4% cash back on gas, EV charging and groceries, and 2% back on daily transit (including rideshares and public transit), dining and recurring payments. You’ll also get perks like travel medical and rental car collision insurance.
CIBC Dividend Visa Infinite
Annual fee: $120 (rebated first year)
- 4% cash back on eligible gas, EV charging and grocery purchases
- 2% on dining, daily transit and recurring payments
- 1% on everything else
Welcome offer: Earn 10% cash back (up to $300 in cash back on your first four statements), plus a first-year annual fee rebate. Offer not available to Quebec residents.
Card details
| Interest rates | 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers |
| Income required | Personal income of $60,000 or household income of $100,000 |
| Credit score | 725 or higher |
Pros
- High earning: Offers impressive bonus rates across five major spending categories.
- Easy redemption: Get your cash back when you want it, using the CIBC app. With many other cards, rewards are deposited into your account once per year.
- Gas savings: Link your card to Journie Rewards to get discounts on gas at participating Pioneer, Fas Gas, Ultramar and Chevron stations.
- Insurance coverage: Comes with travel, car rental and new mobile device insurance.
- Dining perks: Access to OpenTable priority bookings and VIP reservations.
Cons
- Limited travel insurance: Emergency medical insurance only covers the first 10 days of your trip, and there’s no lost and delayed baggage insurance.
- Earning cap: The bonus rate caps are stricter than those of some other cards. After reaching $20,000 in purchases within the bonus categories or $80,000 in total spending, additional purchases will only earn 1% cash back.
Honourable mention
At a glance: The Scotiabank Momentum Visa Infinite is our runner-up for the best cash back Visa for its robust purchase and travel protection, as well as its high earn rates—4% on groceries and recurring bills, 2% on gas and daily transit (including public transit, taxis and rideshares), and 1% on all other purchases.
Scotiabank Momentum Visa Infinite
Annual fee: $120
- 4% cash back on groceries, recurring bill payments and subscription services
- 2% on gas and public transit
- 1% on everything else
Welcome offer: Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). Offer ends June 30, 2025.
Card details
| Interest rates | 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers |
| Income required | Personal income of $60,000 or household income of $100,000 |
| Credit score | 725 or higher |
Pros
- Best card for recurring bills: The 4% earn rate on recurring bills and subscription payments is the highest in the country. And the same bonus rate on groceries ensures you’ll bank rewards fast.
- Insurance coverage: Comes with new mobile device, travel and car rental insurance.
- Installment payment options: Pay off larger purchases in installments through Scotia SelectPay.
- Dining perks: Access to OpenTable’s priority bookings and VIP reservations program.
Cons
- Limited redemption: You can only access your cash back once per year as a statement credit.
- Earning cap: You’ll only earn 4% back on the first $25,000 spent annually on groceries and recurring payments, and 2% back on the first $25,000 spent on gas, EV charging and daily transit—after which you’ll earn at the base rate of 1%. But these limits are generous enough not to impact most cardholders.
Best no-fee cash back Visa
At a glance: The no-fee Simplii Financial Cash Back Visa offers 4% cash back on purchases at restaurants, bars and coffee shops, making it a top pick for those who like to dine out. The 1.5% return on gas, groceries and drugstore purchases is also respectable.
Simplii Financial Cash Back Visa
Annual fee: $0
- 4% cash back on dining at restaurants, bars and coffee shops
- 1.5% back on gas, groceries, drugstores and recurring bills
- 0.5% on all other purchases
Welcome offer: Earn up to 10% cash back for your first 3 months (on the first $1,000 in purchases). Terms and conditions apply. (Not available for residents of Quebec.)
Card details
| Interest rates | 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers |
| Income required | $15,000 per year |
| Credit score | 660 or higher |
Pros
- High earn rate on dining: Most no-fee cash back cards offer no more than 2% back on restaurant, bar and coffee shop purchases—meaning your return on spending in this category is nearly double what you get with comparable cards.
- Low income requirement: This card is accessible for most Canadians.
Cons
- Simplii bank account required: To get this card, you’ll need a Simplii Financial account—an unusual requirement for a credit card.
- Earning cap: Though impressive for a no-fee card, the 4% earn rate on dining is capped at your first $5,000 in purchases annually, after which you’ll earn at the base rate of 0.5%.
Best travel rewards Visa
At a glance: When used in concert with the Expedia for TD site, the TD First Class Travel Visa Infinite card can help you rack up major travel points that can be redeemed easily for a wide range of travel rewards. This program keeps it simple with no blackout dates, no seat restrictions and no expiry for your points. As another solid perk, get a $100 annual travel credit when you spend more than $500 on Expedia for TD.
TD First Class Travel Visa Infinite Card
Annual fee: $139 (waived first year)
- 8 points per $1 on travel booked through Expedia For TD
- 6 points per $1 on groceries and restaurants
- 4 points per $1 on recurring bills
- 2 points per $1 on all other purchases
Welcome offer: Earn up to $1,000 in value, including up to 135,000 TD Rewards points and no annual fee for the first year. Conditions apply. Account must be approved by January 6, 2025.
Card details
| Interest rates | 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers |
| Income required | Personal income of $60,000 or household income of $100,000 |
| Credit score | 680 or higher (recommended) |
| Anniversary bonus | Earn an annual birthday bonus of 10% of your previous year’s points (up to 10,000 points). |
| Point value | 1 TD Rewards point = $0.005 when redeemed for travel via Expedia For TD or $0.004 when redeemed through other providers and websites. |
Pros
- High rewards with Expedia for TD: Earn as much as 4%, when booking through Expedia for TD, which generally offers the same deals as the main Expedia site. Get 8 points per dollar spent on the site, then redeem 200 points for $1 off your booking—no blackout dates or restrictions.
- Annual travel credit: Get a $100 credit when you spend more than $500 on Expedia for TD.
- Easy redemption: Unlike some other travel programs, redeeming is straightforward (no complicated chart systems or blackout dates to be aware of).
- Dining perks: Link up your card to OpenTable account for access to priority restaurant bookings.
- Birthday bonus: Receive 10% of the points you earned in the previous year (up to a maximum of 10,000 points).
- Extensive travel insurance: This card has a strong insurance package with up to $2 million in coverage for trips of up to 21 days.
Cons
- Less earning outside Expedia: You’ll get less value for your points if you book outside of Expedia for TD. Whereas points are worth $0.005 when redeemed through the site, you’ll have to redeem 250 points to save $1 on other travel sites, reducing the value of each point to $0.004.
- Higher annual fee: This card has a higher fee than comparable travel cards.
Best airline travel credit card
For Aeroplan
At a glance: If Air Canada is your airline of choice, take a look at the TD Aeroplan Visa Infinite Card. It gives you access to numerous airline perks, and with Aeroplan’s travel rewards chart and preferred pricing policy, you can get great value for your points—if you know how to play the points game.
TD Aeroplan Visa Infinite Card
Annual fee: $139 (waived first year)
- 1.5 Aeroplan points per $1 on gas, groceries and purchases
- 1.5 Aeroplan points per $1 on purchases made directly through Air Canada (including vacation packages)
- 1 point per $1 on all other purchases
Welcome offer: Earn up to $1,500 in value, including up to 50,000 Aeroplan points and no annual fee for the first year. Conditions apply. Account must be approved by Jan. 6, 2025.
Card details
| Interest rates | 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers |
| Income required | Personal income of $60,000 or household income of $100,000 |
| Credit score | 680 or higher (recommended) |
| Point value | Aeroplan points are worth $0.02 on average. |
Pros
- Flexible redemption: Use Aeroplan points for every Air Canada seat without restrictions or blackout periods. Plus, unlike most airline loyalty programs, you can use points on multiple airlines in the Star Alliance program, including United Airlines and Lufthansa.
- Aeroplan perks: Earn Aeroplan Status Qualifying Miles with everyday purchases, allowing you to progress in Aeroplan status and get access to perks like priority seat selection, complimentary checked bags and airport lounge access.
- Dining perks: Get VIP reservations through your OpenTable account when you link your card.
- Nexus fee rebate: Get a rebate on your Nexus customs travel application once every 48 months (worth $100).
- Extensive travel insurance: Includes comprehensive coverage, including hotel and motel burglary insurance.
Cons
- Limited airline redemptions: Since the TD Aeroplan Visa Infinite Card is an airline loyalty card, you can’t redeem points for flights on just any airline.
- Complex rewards program: You get a lot of value with Aeroplan, but points are redeemed according to a flight reward chart, including specific travel zones. Though this can help maximize the value of your rewards, it’s not the most intuitive program for beginner collectors.
Best low-interest Visa
At a glance: The Flexi Visa from Desjardins credit union is a smart financial tool for those looking to get credit card debt under control. It offers a low purchase interest rate of 10.90%, as well as a low cash advance rate of 12.90%. Plus, it has some additional perks like travel insurance, select rental car discounts and mobile device insurance—all for no annual fee.
Flexi Visa
Annual fee: $0
Rewards: Does not offer rewards.
Welcome offer: None at this time.
Card details
| Interest rates | 10.90% on purchases and 12.90% on cash advances |
| Income required | Not specified |
| Credit score | Not specified |
Pros
- Travel insurance: This card includes emergency medical, trip cancellation and baggage insurance.
- Mobile device insurance: Up to $1,000 in coverage when you charge a new phone to the card—a rarity among no-annual-fee credit cards.
- Car rental discount: Up to 15% off when you rent a car at Hertz, Thrifty and Dollar.
- Installment payment options: At select retailers, pay for purchases of $200 or more in installments.
Cons
- Travel insurance coverage period: Coverage is only valid for three days, so you’ll have to buy more coverage for longer trips.
- Higher interest if missed minimum payment: The interest rates jump to 19.90% if you don’t make the minimum payment by the due date.
