CreditCardGuru
no fxno feecash back

Home Trust® Preferred Visa® review

3.8Rated by the CreditCardGuru Editorial Team

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 back1%

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

Similar cards to consider

Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.

Written by

C

CreditCardGuru Editorial Team

Rewards & Cards Research

Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.

  • 200+ Canadian cards tracked
  • Transparent rating methodology
  • Updated continuously

Cite this page

“Home Trust® Preferred Visa® Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/home-trust-preferred-visa, updated June 7, 2026.

Never miss a great card offer

Get the best new welcome bonuses and rewards news for Canadians, straight to your inbox. No spam — unsubscribe anytime.