Canada · October 2026
Best Meridian Rewards credit cards in Canada
Cards that earn Meridian Rewards, ranked by estimated net annual value (points valued at 1¢ CAD each). All amounts are in Canadian dollars.
9 meridian rewards cards ranked
Earns 4% on gas and groceries, 2% on pharmacy and utility bills and 1% on other purchases in reward points redeemable as cash back, on the first $25,000 of purchases then 1%.
Earn: base 1% · groceries 4% · gas 4% · everyday 1%
- Annual fee
- $99 (First year free including additional cards; additional cards $30)
- Est. net value / yr
- $525
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
Earns 3 points per $2 (1.5%) on all purchases and 6 points per $2 (3%) on purchases made outside Canada in foreign currencies.
Earn: base 1.5 pts · travel 3 pts · everyday 1.5 pts
- Annual fee
- $99 (First year free including additional cards; additional cards $30)
- Est. net value / yr
- $405
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
Earns 2% on gas and groceries and on pharmacy and utility bills, and 1% on other purchases as reward points redeemable as cash back.
Earn: base 1% · groceries 2% · gas 2% · everyday 1%
- Annual fee
- $49 (First year free; additional cards $0)
- Est. net value / yr
- $359
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
Business card earning 3 points per $2 (1.5% cash back) on all purchases and 6 points per $2 outside Canada, for credit needs of $10,000 to $500,000.
Earn: base 1.5% · everyday 1.5%
- Annual fee
- $110 (No annual fee first year including additional cards; additional cards $49)
- Est. net value / yr
- $340
- Welcome offer
- No annual fee for the first year including additional cards
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
Business card earning 1 reward point per $1 (about 1% cash back) with no limits, for credit needs of $500 to $100,000.
Earn: base 1% · everyday 1%
- Annual fee
- $0 (Additional cards $0)
- Est. net value / yr
- $300
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
US-dollar-denominated Visa earning 1 reward point per US$1 on all purchases, with no purchase restrictions.
Earn: base 1 pts · everyday 1 pts
- Est. net value / yr
- $300
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
Earns 1 reward point per $1 on all purchases and 2 points per $1 on purchases made outside Canada.
Earn: base 1 pts · travel 2 pts · everyday 1 pts
- Annual fee
- $49 (First year free; additional cards $0)
- Est. net value / yr
- $287
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
Business card earning 1 reward point per $1 (about 1% cash back) with no limits, for credit needs of $5,000 to $250,000.
Earn: base 1% · everyday 1%
- Annual fee
- $49 (No annual fee first year; additional cards $0)
- Est. net value / yr
- $251
- Welcome offer
- No annual fee for the first year
- Purchase rate
- Meridian Prime + (1.29% - 9.29%)
- Foreign transaction fee
- 2.5%
No-fee card earning 1% on gas and groceries, 1% on pharmacy and utility bills and 0.5% on other purchases as reward points redeemable for cash back.
Earn: base 0.5% · groceries 1% · gas 1% · everyday 0.5%
- Annual fee
- $0 (Additional cards $0)
- Est. net value / yr
- $204
- Purchase rate
- 19.50%
- Foreign transaction fee
- 2.5%
Rates, fees and offers are shown as we read them on each issuer’s own website on the date shown, in Canadian dollars, and can change at any time. Confirm current terms with the issuer before applying. General information, not financial advice. Partner links, where they exist, never change the order. Affiliate disclosure. Card rules and consumer protections: Financial Consumer Agency of Canada.
How these cards are ranked
Rankings are by the numbers only: no issuer can pay to be listed, left out or ranked higher. For rewards cards we estimate net annual value in Canadian dollars: rewards earned on a reference household budget of $30,000 a year ($8,400 groceries, $3,600 dining, $2,400 gas, $3,600 travel, $12,000 everything else) at the earn rate the issuer states for each category, with points valued at the cents-per-point on our Canadian point values page, minus the annual fee. Welcome bonuses are shown separately and not counted. A card whose issuer page does not state an earn rate is not given a value. Every figure was read on the issuer’s own website; see our Canada methodology.
Frequently asked questions
Which is the best meridian rewards credit card in Canada?
By our ranking rule, Meridian Visa Infinite Cash Back Card from Meridian Credit Union currently ranks first at an estimated $525 net a year. The right card depends on your own spending, so check the issuer’s terms before applying.
How do you calculate the ranking?
We estimate rewards on a reference budget of $30,000 a year, value points at the cents per point on our Canadian point values page, and subtract the annual fee. Welcome bonuses are not included.
Are these cards available in Quebec?
Availability can differ by province. Each card page shows whether the issuer states that it is offered in Quebec; where the issuer does not say, we show “not stated”.
Do I need a minimum income?
Many rewards cards state a minimum personal or household income. Each card shows the figure the issuer states, or “not stated”.
More Canadian card guides
- All cards
- Cash back
- Travel
- No annual fee
- Low interest
- Balance transfer
- Student
- Secured & rebuild
- Business
- No FX fee
- Groceries
- Gas
- Affinity Rewards
- Collabria Flex Rewards
- Aeroplan
- Amex Membership Rewards (Canada)
- BMO Rewards
- CIBC Aventura
- RBC Avion Rewards
- Scene+
- Vancity Rewards
- Canadian point values
- Cards by issuer
- Cross-border cards & points