The Best Visa Credit Cards in Canada 2022

When it comes to credit card processors in Canada, Visa is a top player. Everyone recognizes the name, and for the most part, Visa is widely accepted across Canada and abroad, making it a smart choice for consumers. With everything from no annual fee cards to cash back cards to student cards, Visa has a credit card option to meet your needs. We’re sharing our top picks for the best Visa credit cards in Canada for 2022.

The Best Visa Credit Cards in Canada in 2022

Best Visa Card for Travel: TD® Aeroplan® Visa Infinite* Card

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If you are a frequent traveller, then consider adding the TD® Aeroplan® Visa Infinite* Card to your wallet starting with a generous Welcome Offer for New Cardholders. Online Exclusive: Earn up to 50,000 Aeroplan points†. Plus, first year no Annual Fee†. Conditions Apply. Must apply online by September 5, 2022.

You earn Aeroplan points at a rate of 1.5 points† per every $1 spent on eligible gas, grocery and AirCanada.com purchases or 1 point† per $1 spent for all other purchases. You can also earn points twice when shopping at the Aeroplan store or participating retailers when you shop with your TD® Aeroplan® Visa Infinite* Card and present your Aeroplan membership card.†

Additional perks with the TD® Aeroplan® Visa Infinite* Card include comprehensive travel insurance†, a free first checked bag for you and up to 8 travel companions on the same reservation for Air Canada flights†, priority check-in and boarding with Air Canada flights†, and more.

The Details:

• Annual Fee: $139 (first-year annual fee rebate)†
• Income Eligibility: Minimum annual income of $60,000 or a minimum household income of $100,000
• Credit Score Required: Good to Excellent
• Welcome Bonus: Online Exclusive: Earn up to 50,000 Aeroplan points†. Plus, first year no Annual Fee†. Conditions Apply. Must apply online by September 5, 2022.
• Additional Perks: Travel insurance†, VIP benefits when travelling on Air Canada flights†, Nexus fee rebate†, Auto Rental Collision/Loss Damage Insurance†, and no Aeroplan points expiry for cardholder†
• Interest on Purchases: 19.99% | Interest on Cash Advances: 22.99%

This offer is not available for residents of Quebec. For Quebec residents, please click here.

†Terms and conditions apply.

Best Visa Card for Cash Back Scotia Momentum® Visa Infinite* card

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When it comes to the best Visa card in Canada for cash back, our top pick is the Scotia Momentum® Visa Infinite* card. Not only is it one of the best Visa credit cards, but it’s also one of the best cash back credit cards in Canada. For starters, cardholders earn 4% cash back for every $1 spent on grocery store purchases, recurring bill payments, and subscription purchases. You’ll also get 2% cash back for every $1 spent on gas and daily transit, as well as 1% cash back on everything else with no cash back limit.

New cardholders pay no annual fee in the first year, including on supplementary cards. Additional perks with the Scotia Momentum® Visa Infinite* card include Visa Infinite* privileges, a comprehensive travel insurance package, and new mobile device insurance.

The Details:

• Annual Fee: $120 (first year waived)
• Income Eligibility: $60,000 personal income or $100,000 household
• Credit Score Required: Good to Excellent
• Welcome Bonus: Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). No annual fee in the first year, including on supplementary cards. Must apply by May 1, 2022. Terms and conditions apply.
• Additional Perks: New mobile device and travel insurance
• Interest on Purchases: 20.99% | Interest on Cash Advances: 22.99%

Best Visa Card for Student: SCENE® Visa* card

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Students looking for a no annual fee credit card with some great perks should consider the SCENE® Visa* card. This credit card is considered to be one of the best student credit cards in Canada, thanks to how easy it is to collect and redeem points for free movies or discounts at participating restaurants.

Cardholders earn 1 Scene+ point for every $1 spent on your card purchases. That rate will be accelerated to 5 Scene+ points for every $1 spent at Cineplex theatres of Cineplex.com. Points can be redeemed at several movie theatres (1,250 SCENE points is equal to 1 free movie) or at partner restaurants (1,000 SCENE points is $10 off your bill). Right now, new cardholders earn 5,000 bonus Scene+ points with your first $750 in everyday purchases in first 3 months (terms and conditions apply). Cardholders also receive preferred rates on car rentals with participating AVIS and Budget rent-a-car locations.

The Details:

• Annual Fee: $0
• Income Eligibility: $12,000
• Credit Score Required: Fair to Good
• Welcome Bonus: Earn 5,000 bonus Scene+ points with your first $750 in everyday purchases in first 3 months (terms and conditions apply)
• Additional Perks: Car rental discounts at participating AVIS and Budget rent-a-car locations.
• Interest on Purchases: 19.99% | Interest on Cash Advances: 22.99%

Best Visa Card with No Annual Fee: Scotia Momentum® No-Fee Visa* card

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Don’t feel like paying for the privilege of using a credit card? Don’t worry, we’ve got you covered with the Scotia Momentum® No-Fee Visa* card. Most no annual fee credit cards offer very limited (if any, perks and benefits) but the Scotia Momentum® No-Fee Visa* card allows cardholders to earn cash back on eligible purchases and comes with a few additional perks.

Cardholders earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases), terms and conditions apply. Regularly, earn 1% cash back on all eligible gas stations, grocery stores, drug stores purchases and recurring payments. For all other eligible purchases, you will earn 0.5% cash back. Plus, earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases) and get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that). Terms and conditions apply. Another benefit with the Visa card is that cardholders will receive a discount on car rentals at participating AVIS or Budget rent-a-car locations.

The Details:

• Annual Fee: $0
• Income Eligibility: $12,000
• Credit Score Required: Fair to Good
• Welcome Bonus: Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases) and get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that). Terms and conditions apply.
• Additional Perks: Cash back; discounts on car rentals at participating AVIS and Budget rent-a-car locations
• Interest on Purchases: 19.99% | Interest on Cash Advances: 22.99%

Best Visa Card for Balance Transfer: Scotiabank Value® VISA* Card

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If you tend to carry a balance each month, adding the Scotiabank Value® Visa* card to your wallet is a smooth move. Offering a 12.99% interest rate for purchases, this card also has one of the lowest interest rates on the market, and it could save you oodles in interest charges. For example, if you carried a balance of $3,000 on this credit card, you would pay $32.03 per month in interest charges. If you carried that balance on a credit card charging 19.99% interest, you would pay $49.29 per month. After just two months, that’s enough interest saved to pay for the $29 annual fee.

Plus, if you transfer a balance onto this credit card, you’ll only pay 0.99% interest for the first 6 months. After that, the remaining balance will be subject to the 12.99% interest rate on balance transfers. Cardholders will also save up to 25% off on base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S.

The Details:

• Annual Fee: $29
• Minimum Income Eligibility: $12,000
• Credit Score Required: Fair to Good
• Welcome Offer: 0.99% introductory interest rate on balance transfers for the first 6 months (12.99% after that), terms and conditions apply
• Additional Perks: Up to 25% discount when renting cars from Avis in Canada or the USA
• Interest on Purchases: 12.99% | Interest on Cash Advances: 12.99% | Interest on Balance Transfers: 12.99%

Comparing the Best Visa Credit Cards in Canada in 2022

TD® Aeroplan® Visa Infinite* Card offer is not available for residents of Quebec. For Quebec residents, please click here.

Closing Words: How to Choose?

When it comes to choosing a credit card, Visa has plenty of options. Whether you’re looking for a low interest rate, cash back rewards, or no annual fee, each of these best Visa credit cards in Canada has something to offer. However, if you’re a frequent traveller looking to maximize your travel rewards, then you may want to check out the best travel credit cards in Canada. Or if you want to compare the competition, check out the best Canadian credit cards before making a decision. If you’re chasing a low interest rate, consider one of the best low interest rate credit cards in Canada. You’re bound to find something that suits your needs.