Canada · personal card · Meridian Credit Union
Meridian Visa Platinum Cash Back Card review
Earns 2% on gas and groceries and on pharmacy and utility bills, and 1% on other purchases as reward points redeemable as cash back.
Key facts
- Issuer
- Meridian Credit Union
- Network
- Visa
- Annual fee
- $49 (First year free; additional cards $0)
- Purchase rate
- 19.50%
- Cash advance rate
- 21.99%
- Foreign transaction fee
- 2.5%
- Minimum personal income
- Not stated
- Minimum household income
- Not stated
- Available in Quebec
- Not stated
- Insurance
- Delayed Baggage and Lost/Damaged Baggage; Common Carrier Travel Accident; Auto Rental Collision/Loss Damage; Mobile Device; Purchase Protection; Extended Warranty (list read from page extract; may be partial)
- Est. net value / yr
- $359 ($408 rewards − $49 fee)
- Points value
- Meridian Rewards at 1¢ CAD each
Rewards
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 rates the issuer states: base 1% · groceries 2% · gas 2% · everyday 1%. 2% rates marked with a cap footnote (first $25,000 per Infinite card; Platinum footnote not read); 2% earn on gas, groceries, pharmacy and utilities applies to the first $25,000 in purchases, then 1% (page footnote; page footer dated Oct 9, 2022)
How we put this page together
Every figure here was read on Meridian Credit Union’s own page on October 7, 2026; fields the page did not state are shown as “not stated” rather than estimated. The net value estimate uses the method on our Canada methodology. Card rules and your rights as a cardholder: FCAC. Note: Meridian membership required to hold the card. Boosted-rate footnote (cap) not verified for this card. FX fee read on issuer document: https://www.meridiancu.ca/getmedia/22892e93-be72-451f-bff9-3e4983fc3c56/Disclosure_Personal.pdf
Frequently asked questions
What is the annual fee on the Meridian Visa Platinum Cash Back Card?
$49 (First year free; additional cards $0), as read on Meridian Credit Union’s website on October 7, 2026.
Is there a foreign transaction fee on the Meridian Visa Platinum Cash Back Card?
The issuer states a 2.5% foreign currency conversion fee.
What income do I need for the Meridian Visa Platinum Cash Back Card?
The issuer’s page did not state a minimum income when we read it.
More Meridian Credit Union cards
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%
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%
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%
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.