Working hard in the background...
Meridian Visa Infinite* Cash Back
Points Calculator
This card is only available to residents of Ontario.
Card Details
Interest Rates
Purchase: 19.50%
Cash Advance: 21.99%
Balance Transfer: 21.99%
Annual Fees
Main Card: $99
$0
First Year Waived
Additional Cards: $30
Annual Income
Personal: $60,000
Household: $100,000
Credit Score Estimate
300Poor
560Fair
660Good
725Very Good
760Excellent
Welcome Bonus
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.‡
Our Rating
4.1/5
Institution
Meridian
How You Earn 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
Rewards Breakdown
Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
Insurance
Coverage
Purchase Protection
90 days
Extended Warranty
Up to 1 year
Mobile Device Insurance
Up to $1,000 per occurrence
Travel Accident
$1M per insured person per trip
Emergency Out of province Medical
Up to $5M for 48 daysEmergency Medical Over 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
Pros & Cons
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
Legal
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.
^Applies to first $25,000 in purchases then 1% for all other purchases.
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.