Meridian Visa Infinite Travel Rewards Card Review
The Meridian Visa Infinite Travel Rewards Card is an affordable travel credit card with amazing foreign purchase optimization, redemption values, and coverage. That said, it's only available to residents of Ontario.
Oct 19, 2026 11:09 AM
The Bottom Line
If you live in Ontario, the Meridian Visa Infinite Travel Rewards Card is a great credit card for foreign purchase optimization, travel and everyday redemptions, and insurance coverage.
Skip to: Detailed Review
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
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 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)
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
Welcome Bonus Details
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.‡
Card Details
Interest Rates
Purchase APR
19.50%
Cash Advance APR
21.99%
Balance Transfer APR
21.99%
Fees
Annual Fee
$99
$0 first year
Additional Cards
$30
Eligibility
Minimum Individual Income
$60,000
Minimum Household Income
$100,000
Credit Score Estimate
Good
Type
Pros & Cons
Pros
- Versatile Rewards
- Impressive insurance coverage
- First-year fee waiver
Cons
- Restricted to Ontario residents
- High income requirements
Our Detailed Review
How to Earn Rewards with the Meridian Visa Infinite Travel Rewards Card
With the Meridian Visa Infinite Travel Rewards Card, cardholders earn the following:
- 3 Meridian Rewards points per dollar spent (3% cash back) on purchases made outside of Canada in foreign currencies
- 1.5 Meridian Rewards points per dollar spent (1.5% cash back) on other eligible purchases
Clearly then, the Meridian Visa Infinite Travel Rewards Card is best for optimizing non-CAD purchases, making it a great travel companion.
How to Redeem Rewards with the Meridian Visa Infinite Travel Rewards Card
Once you've collected a solid amount of Meridian Rewards points, you can put them towards:
- Statement Credits (Cash)
- Merchandise
- Travel
- Gift Cards
Each redemption category yields the same cent-per-point value. To learn more about this loyalty program, check out our Credit Card Points Value Calculator.
Benefits and Perks
3 Benefits of the Meridian Visa Infinite Travel Rewards Card
There are a few benefits that make the Meridian Visa Infinite Travel Rewards Card one of the best Meridian credit cards in Canada.
For starters, the annual fee, which is already relatively low, is waived for the first year of membership, allowing cardholders to start collecting travel rewards without spending a dime.
The rewards program itself is also boast-worthy, earning cardholders strong Meridian Rewards points on non-CAD purchases, plus a decent amount on all other eligible purchases.
These points can then be redeemed at high values towards both travel and everyday expenses.
Travellers will also appreciate the Meridian Visa Infinite Travel Rewards Card's extensive coverage, featuring protections like trip interruption, trip cancellation, travel medical, and price protection insurance.
Drawbacks and Considerations
3 Drawbacks of the Meridian Visa Infinite Travel Rewards Card
When it comes to the Meridian Visa Infinite Travel Rewards Card, like any card, there are also some downsides you'll want to consider.
Unfortunately, to qualify for this card, you'll need to be a resident of Ontario.
Another obstacle applicants may face are the Meridian Visa Infinite Travel Rewards Card's high annual income requirements, making the card less accessible.
While the Meridian Visa Infinite Travel Rewards Card optimizes purchases made outside of Canada in foreign currencies, it doesn't waive the standard 2.5% foreign transaction fee on those purchases.
Compare to Similar Cards
Comparison to Other Travel Rewards Cards
To help you decide whether the Meridian Visa Infinite Travel Rewards Card is the best contender for you, we've compared it against other travel reward credit cards in Canada.
American Express
4.9
Limited offer
Scotiabank
5.0
Annual Fee
$99
$0 first year
$191.88
$120
Interest Rates
Purchase
19.50%
Cash advance
21.99%
Balance transfer
21.99%
Purchase
21.99%*
Cash advance
21.99%*
Rate details
Purchase
21.99%
Cash advance
22.99%
Balance transfer
22.99%
Welcome Bonus
Earn 7,000 reward points‡ on first purchase (up to $70 value)
Up to 15,000 Membership Rewards® points
Earn up to $950 in welcome offers, first year rewards and savings value, and up to 50,000 bonus Scene+ points.
Rewards
$419.08
First year rewards
$1,072.15
First year rewards
$1,016.6
First year rewards
on Meridian's website
on American Express' website
Apply with Confidence — won't impact your credit score
on Scotiabank's website
Welcome Bonus Details
Earn Rates
Insurance Coverage
Extra Benefits
Requirements
Meridian Visa Infinite Travel Rewards Card vs American Express Cobalt Card
Constantly referred to as one of the best credit cards in Canada, the American Express Cobalt Card collects excellent American Express Membership Rewards points per dollar spent on dining, groceries, streaming, gas, and transit. When it comes to travel redemptions, American Express Membership Rewards points hold a much higher cent-per-point value and the same cpp value on statement credits. While the coverage on the Meridian Visa Infinite Travel Rewards Card is still superior, the Cobalt card includes a valuable hotel-oriented travel credit as one of its unique perks. Plus, even though the Cobalt card has a higher annual fee, this fee is paid monthly, making it much more manageable. Cardholders also avoid annual income requirements.
Verdict: The American Express Cobalt Card offers better travel optimization and redemptions for a higher annual cost.
Meridian Visa Infinite Travel Rewards Card vs Scotiabank Gold American Express Card
To collect plenty of Scene+ points redeemable towards travel, try the Scotiabank Gold American Express Card, one of the best no foreign transaction fee credit cards in Canada. With this card, Scene+ points are rewarded per dollar spent on groceries, dining, entertainment, gas, transit, streaming, travel, and more. When redeemed towards travel, Scene+ points yield a similar cent-per-point value. Unlike other travel point collectors thus far, the Scotiabank Gold American Express Card offers better travel coverage compared to the Meridian Visa Infinite Travel Rewards Card, plus better perks like no foreign transaction fees, concierge services, and a discount on a PriorityPass Membership. While this competitor is pricier annually, it has much lower income requirements.
Verdict: The Scotiabank Gold American Express Card offers better travel optimization, coverage, and perks for a higher annual fee but lower income requirements. Unlike the Meridian Visa Infinite Travel Rewards Card, this contender waives foreign transaction fees.
Frequently Asked Questions
No. You must be a resident of Ontario to apply for the Meridian Visa Infinite Travel Rewards Card.
The Meridian Visa Infinite Travel Rewards Card is worth it if you are an Ontario resident who wants an affordable travel rewards credit card with strong coverage.
Yes. Meridian Reward points offer a high cent-per-point value on all redemption categories, including statement credits, making it extremely flexible like a cash back card.
Yes, the Meridian Visa Infinite Travel Rewards Card has an annual fee, but it's lower compared to other travel rewards credit cards. The annual fee is also waived for the first year of membership.
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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