Best Meridian Credit Cards in Canada for October 2026
Published Aug 4, 2026 1:55 AM • 3 min read
Meridian credit cards are ideal for international shoppers, cashback earners, and those who want the receive the best price on their purchases with rare price protection insurance.
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Best Meridian Credit Cards in Canada
Our choice for: Best Overall
on Meridian's website
This card is only available to residents of Ontario.
Welcome Bonus
Earn 7,000 reward points‡ on first purchase (up to $70 value)
Annual Fee
$99 $0
Interest Rates
19.50% / 21.99%
RECOMMENDED CREDIT SCORE
4.1/5
The Meridian Visa Infinite Cash Back Card offers solid cash back rewards, particularly with up to 4% on groceries and gas, and a competitive annual fee of $99 (waived in the first year). It stands out with comprehensive travel insurance, including price protection, which is a rarity in this category. However, the card does come with some drawbacks, such as high income requirements and limited availability to Ontario residents. Overall, this card provides excellent value for those who spend heavily on groceries, gas, and utilities, and for those who value strong insurance coverage and a low annual fee.
Pros
- High grocery optimization
- High gas optimization
- Comprehensive insurance
- Flexible redemptions
- Lower annual fee
Cons
- High income requirements
- Restricted to Ontario residents
Rewards
- Earn 4 reward points for every $1 spent (4% cash back) on gas and groceries˄ (up to $25,000 in spending annually)
- Earn 2 reward points for every $1 spent (2% cash back) on pharmacy and utility bill payments˄ (up to $25,000 in spending annually)
- Earn 1 reward point for every $1 spent on other eligible purchases
Insurance
Coverage
Purchase Protection
90 days
Extended Warranty
Up to 1 year
Mobile Device Insurance
Up to $1,000 per occurrence
Common Carrier Travel Accident Insurance
$1M per insured person per trip
Travel Medical Insurance (64 & under)
Up to $5M for 48 daysTravel Medical Insurance (65 to 75)
15 days
Trip Cancellation
$2,000
Trip Interruption
$2,000
Baggage Delay
$500
Lost or Stolen Baggage
$1,000.svg)
Car Rental Damage & Theft
Max car value of $65k, up to 48 days
Price Protection
$100 per item, $500 per year
Benefits
Details
Visa Infinite Exclusive Benefits
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
Our choice for: Best Travel
on Meridian's website
This card is only available to residents of Ontario.
Welcome Bonus
Earn 7,000 reward points‡ on first purchase (up to $70 value)
Annual Fee
$99 $0
Interest Rates
19.50% / 21.99%
RECOMMENDED CREDIT SCORE
4.2/5
The Meridian Visa Infinite Travel Rewards Card stands out primarily for its flexible reward options and considerable insurance coverage. With the ability to earn 1.5 points per $1 spent on all purchases and double points on foreign currency transactions, it offers a competitive edge for frequent travelers. Its extensive insurance benefits, including rare price protection, further bolster its appeal, making it a strong contender for those who meet the income requirements and reside in Ontario.
Pros
- Versatile Rewards
- Impressive insurance coverage
- First-year fee waiver
Cons
- Restricted to Ontario residents
- High income requirements
Rewards
- Earn 3 reward points for every $1 spent (3% cash back) on purchases made outside Canada in foreign currencies
- Earn 1.5 reward points for every $1 spent (1.5% cash back) on other eligible purchases
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Up to 1 yearMobile Device Insurance
Up to $1,000 per occurrenceCommon Carrier Travel Accident Insurance
$1M per insured person per tripTravel Medical Insurance (64 & under)
48 daysTravel Medical Insurance (65 to 75)
15 daysTrip Cancellation
$2,000Trip Interruption
$2,000Baggage Delay
$500Lost or Stolen Baggage
$1,000Car Rental Damage & Theft
Max car value of $65k, up to 48 daysPrice Protection
$100 per item, $500 per year
Benefits
Details
Visa Infinite Exclusive Benefits
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
Our choice for: Best USD Card
on Meridian's website
This card is only available to residents of Ontario.
Welcome Bonus
Earn 7,000 reward points‡ on first purchase (up to $70 value)
Annual Fee
$65 USD $0 USD
Interest Rates
19.50% / 21.99%
RECOMMENDED CREDIT SCORE
3.5/5
The Meridian Visa U.S. Dollar Card is designed for Canadians who frequently make purchases in U.S. dollars, offering a practical way to save on foreign transaction fees. With a simple rewards structure that grants 1 point per $1 spent on all purchases and a modest annual fee, this card is particularly appealing for those who have U.S. dollar expenses. Its additional perk of 8 types of insurance coverage makes it even more valuable for travelers. However, it's essential to have access to U.S. dollars to maximize the card's benefits, as all transactions and payments are in USD.
Pros
- No currency conversion fees
- Straightforward rewards program
- Comprehensive insurance
Cons
- Annual fee in USD
- Requires USD bank account
- Restricted to Ontario residents
Rewards
- Earn 1 reward point for every $1 spent (1% cash back) on all eligible purchases
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Up to 1 yearCommon Carrier Travel Accident Insurance
$100k per insured person per tripTrip Cancellation
$2,000Trip Interruption
$2,000Baggage Delay
$500Lost or Stolen Baggage
$1,000Car Rental Damage & Theft
Max car value of $65k, up to 48 days
Eligibility
Credit Score
GoodAnnual Income
N/A
Our choice for: Best No Annual Fee Card
on Meridian's website
This card is only available to residents of Ontario.
Welcome Bonus
Earn 7,000 reward points‡ on first purchase (up to $70 value)
Annual Fee
$0
Interest Rates
19.50% / 21.99%
RECOMMENDED CREDIT SCORE
2.8/5
The Meridian Visa Cash Back Card is a solid choice for anyone looking for a simple, no-fee card with straightforward rewards. While its cash back rates are not the highest, especially on non-boosted categories, it still offers decent value with 1% back on gas, groceries, and utility bills. The inclusion of basic insurance coverage, especially price protection, adds a nice bonus. However, its appeal is mainly for low to moderate spenders, as the rewards rate for other purchases is quite low, and the card is only available to Ontario residents. Overall, it’s a practical option for those who don’t want to pay an annual fee and prefer basic perks without complexity.
Pros
- Decent cashback
- No annual fee
- Decent insurance
- Simple eligibility
- Flexible rewards
Cons
- Low base earn rate
- Limited to Ontario residents
Rewards
- Earn 1 reward point for every $1 spent (1% cash back) on gas, groceries, pharmacy and utility bill payments
- Earn 0.5 reward point for every $1 spent (0.5% cash back) on other eligible purchases
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Up to 1 yearMobile Device Insurance
Up to $1,000 per occurrenceCommon Carrier Travel Accident Insurance
$100k per insured person per tripPrice Protection
$100 per item, $500 per year
Eligibility
Credit Score
FairAnnual Income
N/A
From our editors: The full list of Best Meridian Credit Cards in Canada
Best Overall: Meridian Visa Infinite Cash Back Card
The Meridian Visa Infinite Cash Back Card earns cardholders cashback on gas, groceries, pharmacy purchases, and utility bill payments. This rewards program is paired with comprehensive coverage, including protections like trip interruption and trip cancellation insurance, car rental damage and theft insurance, and rare price protection insurance. Cardholders can also expect added perks through Visa Infinite Exclusive Benefits. While the card comes with some annual income requirements, the annual fee is rebated for the first year of membership. Read more in our Meridian Visa Infinite Cash Back Card Review.
For more cashback contenders, review our Best Cashback Credit Cards in Canada article.
Best for Travel: Meridian Visa Infinite Travel Rewards Card
This contender earns you solid Meridian Rewards points per dollar spent in foreign currencies. The card also boasts extensive travel coverage, including trip interruption and trip cancellation insurance, travel medical insurance, and lost or stolen baggage insurance. Cardholders also receive Visa Infinite Exclusive Benefits. Get all the details in our Meridian Visa Infinite Travel Rewards Card Review.
To uncover our top travel contenders, check out our Best Travel Credit Cards in Canada post.
Best for USD Purchases: Meridian Visa US Dollar Card
If you tend to partake in cross-border shopping, the Meridian Visa US Dollar Card could be the credit card for you. This contender earns you Meridian Rewards points on USD purchases, made both in-person and online. This unique rewards program is accompanied by strong insurance coverage, including protections like trip interruption and trip cancellation insurance, and travel accident insurance. Learn more in our Meridian Visa US Dollar Card Review.
Best for No Annual Fee: Meridian Visa Cash Back Card
If your goal is to avoid annual fees, consider the Meridian Visa Cash Back Card. With this card, you'll collect decent cashback on gas, groceries, pharmacy, and utility bill payments. The coverage isn't as extensive as this card's featured competitors, but you'll still receive important protections like mobile device insurance and price protection insurance. For more information, read our Meridian Visa Cash Back Card Review.
See more no-fee credit cards in our Best No Annual Fee Credit Cards in Canada post.
Pros and Cons of Meridian Credit Cards
Here's a quick look at the benefits and drawbacks of Meridian credit cards:
Pros | Cons |
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Top Applicants for Meridian Credit Cards
You might consider applying for a Meridian credit card if you:
- Are a resident of Ontario
- Prefer foreign currency earning opportunities (including a USD purchase optimizing card)
- Want cashback earning opportunities on gas, groceries, pharmacy purchases, and utility bill payments
- Are interested in price protection insurance
Who Should Apply for Meridian Credit Cards
Meridian credit cards are best for Ontario residents who shop internationally or in the US, who want to earn cash back on everyday spending, and who want to ensure they receive the best price for their purchases with price protection insurance. If you're someone who benefits from all of these factors, then a Meridian credit card could prove to be one of the best credit cards in Canada for your wallet.
Frequently Asked Questions
Meridian is Ontario's largest credit union that offers personal banking, business banking, and wealth management services.
The best Meridian credit card for you depends on your spending habits. For the best cashback offer, you might consider the Meridian Visa Infinite Cash Back Card. For travel rewards, try the Meridian Visa Infinite Travel Rewards Card. For USD shopping, apply for the Meridian Visa US Dollar Card. Finally, for no annual fee cashback, consider the Meridian Visa Cash Back Card.
Yes. Meridian credit cards are only available to residents of Ontario.
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