A respectable credit-union travel card with a 1.5x flat earn rate and Visa Infinite extras, but limited point value and a small welcome offer keep it behind big-bank rivals.
At a glance
Annual fee
$99
Welcome bonus
~$56
Foreign tx fee
2.5%
Network
VISA
Rewards
points
Purchase APR
19.5%
Rewards & earn rates
Foreign currency purchases6 points per $2 on purchases made outside Canada in foreign currency (2.5% FX fee still applies)
3x
All other purchases3 points per $2 spent
1.5x
Welcome offer: 7,000 Meridian Rewards points on your first purchase, plus first-year fee rebate (Ontario residents only) (Make a first purchase on the card).
Pros & cons
Pros
Solid flat 1.5x earn on everything
First-year fee rebate and modest $99 fee
Generous insurance for a credit union card
Cons
Points worth at most 1 cent each with no transfer partners
3x foreign-currency rate is undercut by the 2.5% FX fee
No ongoing welcome bonus beyond the small first-purchase points
Perks & insurance
Key perks
1.5x base earn rate on all purchases
Visa Infinite Concierge, Luxury Hotel Collection, Dining Series and Wine Country Program
Travel insurance suite, notable for older travellers
Points redeemable for travel, merchandise, gift cards or account credit
Insurance
Travel insurance package including emergency medical, trip cancellation/interruption and common carrier accident coverage
Purchase protection and extended warranty
Rates & fees
Annual fee
$99
Purchase interest
19.5%
Cash advance
21.99%
Foreign transactions
2.5%
Min. personal income
$60,000
First year rebated; additional cards $30 (waived first year).
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
