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Best Meridian Credit Cards in Canada for November 2025
Published Nov 22, 2025 3:02 PM • 5 min read
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Credit Card ExpertMeridian 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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FinlyWealth's credit cards content, including rankings and recommendations, is overseen by a team of engineers and writers who specialize in credit cards, banking, and personal finance. Our work has been featured in The Globe and Mail, GoBankingRates, and AOL. Our proprietary analysis systems evaluate product features, terms, and conditions to deliver comprehensive reviews and comparisons while maintaining strict editorial standards for accuracy and integrity.
Meridian Visa Infinite* Cash Back: Best Overall
Meridian Visa Infinite Travel Rewards Card: Best Travel
Meridian Visa US Dollar Card: Best USD Card
Meridian Visa Cash Back Card: Best No Annual Fee Card
Best Meridian Credit Cards in Canada
Our choice for: Best Overall
APPLY NOW
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%
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
- Up to 4% cash back on groceries and gas
- 11 types of insurance coverage, including price protection
- Choice of cash back redemption (statement credits, gift cards, merchandise, travel)
- Lower $99 annual fee (waived first year)
- Good earn rates across several categories
- High insurance coverage with extended terms, especially for travel
Cons
- High income requirements ($60,000 personal, $100,000 household)
- Available only to residents of Ontario
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
Up to $5M for 48 daysTravel Medical Insurance (65+)
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
*Terms and conditions apply. Offer only available to residents of Ontario. ‡The 7,000 bonus points offer is available for all new Personal Meridian credit card account holders who (i) apply for a Meridian credit card between March 1 and May 31, 2025 (ii) make their first purchase with new Meridian credit card on or before June 30, 2025. This offer may not be combined or used in conjunction with any other offer. It is not available to existing Meridian credit cardholders. A maximum of 7,000 bonus points per Member is allowed and we will awarded to the Member’s primary account. Please allow up to two billing cycles for bonus points to post to your account. Meridian reserves the right to cancel, modify or withdraw this offer at any time. Meridian Credit Union is not responsible for maintaining the content on this site. Please click on the ‘Apply Now’ link for the most up to date information. Check here for full details and current product information.
Our choice for: Best Travel
APPLY NOW
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%
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: Earn 1.5 points per dollar on all purchases, with double points on foreign currency purchases, enhancing travel savings.
- Impressive Insurance Coverage: Includes 11 types of insurance, featuring unique price protection which allows refunds on price drops of eligible items within 60 days.
- First Year Fee Waiver: The $99 annual fee is waived for the first year, adding initial value for new cardholders.
Cons
- Geographic Limitation: The card is exclusively available to residents of Ontario, limiting its accessibility.
- High Income Threshold: Requires a personal income of $60,000 or household income of $100,000, which may be prohibitive for some potential users.
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
48 daysTravel Medical Insurance (65+)
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
*Terms and conditions apply. Offer only available to residents of Ontario. ‡The 7,000 bonus points offer is available for all new Personal Meridian credit card account holders who (i) apply for a Meridian credit card between March 1 and May 31, 2025 (ii) make their first purchase with new Meridian credit card on or before June 30, 2025. This offer may not be combined or used in conjunction with any other offer. It is not available to existing Meridian credit cardholders. A maximum of 7,000 bonus points per Member is allowed and we will awarded to the Member’s primary account. Please allow up to two billing cycles for bonus points to post to your account. Meridian reserves the right to cancel, modify or withdraw this offer at any time. Meridian Credit Union is not responsible for maintaining the content on this site. Please click on the ‘Apply Now’ link for the most up to date information. Check here for full details and current product information.
Our choice for: Best USD Card
APPLY NOW
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%
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: Ideal for purchases in U.S. dollars, saving users on conversion costs which can add up significantly.
- Straightforward Rewards Program: Earns 1 point per dollar on all purchases without complicated categories, ensuring consistent reward accumulation.
- Comprehensive Insurance: Includes 8 types of insurance, enhancing its value for frequent travelers to the U.S.
Cons
- Annual Fee in USD: The annual fee of US$65 may offset some of the rewards and savings if not used frequently enough in U.S. dollar transactions.
- Requires U.S. Dollar Bank Account: To fully benefit from the card, users need a U.S. dollar bank account, adding a layer of complexity and potentially limiting its appeal.
- Geographic Restriction: Available only to Ontario residents, limiting accessibility for other Canadians.
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
*Terms and conditions apply. Offer only available to residents of Ontario. ‡The 7,000 bonus points offer is available for all new Personal Meridian credit card account holders who (i) apply for a Meridian credit card between March 1 and May 31, 2025 (ii) make their first purchase with new Meridian credit card on or before June 30, 2025. This offer may not be combined or used in conjunction with any other offer. It is not available to existing Meridian credit cardholders. A maximum of 7,000 bonus points per Member is allowed and we will awarded to the Member’s primary account. Please allow up to two billing cycles for bonus points to post to your account. Meridian reserves the right to cancel, modify or withdraw this offer at any time. Meridian Credit Union is not responsible for maintaining the content on this site. Please click on the ‘Apply Now’ link for the most up to date information. Check here for full details and current product information.
Our choice for: Best No Annual Fee Card
APPLY NOW
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%
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
- 1% cash back on select categories (gas, groceries, etc.).
- No annual fee.
- Includes 5 types of insurance (e.g., price protection, mobile device insurance).
- Simple eligibility: No income requirements.
- Flexible rewards: Redeem for statement credits, gift cards, merchandise, or travel.
Cons
- Lower earn rate: Only 0.5% on all other purchases.
- 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
*Terms and conditions apply. Offer only available to residents of Ontario. ‡The 7,000 bonus points offer is available for all new Personal Meridian credit card account holders who (i) apply for a Meridian credit card between March 1 and May 31, 2025 (ii) make their first purchase with new Meridian credit card on or before June 30, 2025. This offer may not be combined or used in conjunction with any other offer. It is not available to existing Meridian credit cardholders. A maximum of 7,000 bonus points per Member is allowed and we will awarded to the Member’s primary account. Please allow up to two billing cycles for bonus points to post to your account. Meridian reserves the right to cancel, modify or withdraw this offer at any time. Meridian Credit Union is not responsible for maintaining the content on this site. Please click on the ‘Apply Now’ link for the most up to date information. Check here for full details and current product information.
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 cashback on everyday spending, and who want to ensure they receive the best price for their purchases with price protection insurance.
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.
About the author
Sara Skodak
Lead Writer
Since graduating from the University of Western Ontario, Sara has built a diverse writing portfolio, covering topics in the travel, business, and wellness sectors. As a self-started freelance content ...
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Credit Card Expert
Abid leads the design and engineering of the FinlyWealth website, making sure everything runs smoothly and looks great. He’s a seasoned software engineer who follows best practices and designs interfa...
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Kevin Shahnazari
Credit Card Expert
Kevin started FinlyWealth and juggles a bit of everything—digging into data, running our marketing, and keeping the finances on track. Before this, he spent years as a data scientist at tech companies...
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