A classic free no-FX card: you save 2.5% on every foreign purchase and still earn 1% at home. Spartan insurance and the Quebec exclusion are the trade-offs.
At a glance
Annual fee
No annual fee
Foreign tx fee
None
Network
VISA
Rewards
cash back
Purchase APR
21.99%
Rewards & earn rates
All eligible purchasesNo annual cap; foreign-currency transactions, cash advances and fees do not earn cash back
1%
Pros & cons
Pros
One of the only no-fee cards in Canada with 0% FX fees
Uncapped 1% cash back with a very low $15,000 income requirement
Cons
Foreign-currency purchases don't earn cash back
Cash back paid only once a year as a January statement credit
Not available to Quebec residents
Perks & insurance
Key perks
No foreign exchange fees on foreign currency purchases, including online
1% cash back on all eligible purchases with no cap
Visa Zero Liability fraud protection
Guaranteed hotel reservations worldwide
Digital wallet support (Apple Pay, Google Pay, Samsung Pay)
Insurance
Purchase Security insurance (theft or damage, 90 days from purchase)
Rates & fees
Annual fee
None
Purchase interest
21.99%
Cash advance
21.99%
Foreign transactions
No fee
Min. personal income
$15,000
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
