Meridian Visa Infinite Travel Rewards Card

Meridian Visa Infinite Travel Rewards Card

Smart Score

75
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Annual Fee

$0.00*

Interest Rate

19.50%

Balance Transfer

19.50%

Cash Advance

21.99%

Credit Score

Excellent

Rewards

1.50%*

  • Earn 1.5 points for every $1 of net purchases
  • Earn 3 points for every $1 of net purchases in foreign currencies
  • Pay no annual fee for the first year
  • Visa Infinite Benefits: exceptional benefits exclusive to Visa Infinite cardholders.
  • Redeem your travel rewards the way you want. Options include: travel, merchandise, event tickets, and gift cards
  • Emergency Health Care Coverage: coverage up to $5,000,000 per insured person for eligible medical care and services required, including transportation, repatriation, living expenses and dental care. Duration of coverage for each trip is dependent on the insured’s age group up to age 75 and for up to 48 days.
  • Trip cancellation & Interruption Insurance: up to $2,000 coverage per person if the trip is cancelled prior to departure and unlimited coverage in the event of trip interruption after departure.
  • Baggage Insurance: coverage up to $1,000 per person against theft or damaged baggage and up to $500 against delayed baggage.
  • Common Carrier Accident Protection: up To $1,000,000 Accident Protection if you, your spouse or children are the victim of accident death, dismemberment while using public transportation (air, sea or ground).
  • 24/7 Travel Assistance4: anywhere in the world at any time 24/7 Travel Assistance is there to help
  • Auto Rental Collision/Loss Insurance: insurance covers you if your rental car is damaged or stolen for a period of up to 48 consecutive days when you charge the full cost of your car rental to your card.
  • Intergenerational Insurance Coverage: trip cancellation, lost baggage, emergency health care coverage and accident protection insurances extends to grandchildren travelling with grandparents.
  • Mobile Device Insurance: up to $1,000 in the event your cell phone, smartphone or tablet is lost, stolen, accidentally damaged or experiences hardware failure.
  • Purchase Protection: provides coverage for 90 days from the purchase date in the event of loss, theft or damage when you to purchase eligible items. Maximum of $10,000 per item up to a maximum of $50,000 lifetime per account.
  • Extended Warranty: coverage automatically doubles the original manufacturer’s warranty for up to a maximum of one additional year. Maximum of $10,000 per item up to a maximum of $50,000 lifetime per account.
  • Price Protection Service: new eligible purchases are may be reimbursed within 60 days if a lower written advertised price is found for the difference up to $100 per item and $500 per account per year
  • You must be a Canadian resident.
  • You must be the of the age of majority in your province or territory of residence.
  • You must have a minimum 60,000 Annual personal income or $100,000 Annual household income
  • You must not have declared bankruptcy within the past 12 months.

The Meridian Visa Infinite Travel Rewards Card is a rewards card that allows its holders to earn points for their day-to-day purchases. What makes this card stand out is that it offers you 3 points per dollar spent in foreign currencies (as opposed to 1.5 points per dollar spend in CAD)! That key feature aims this card at people who travel and make purchases outside of Canada frequently. You can redeem your points in a variety of different ways, including travel rewards, merchandise, event tickets and gift cards. The card comes at an annual fee of $99, but that fee is waived for the first year. With the addition of comprehensive insurance coverage and Visa Infinite Benefits, and you’ve got a card that is absolutely worth checking out for those who travel and make purchases outside of Canada.

Summary

The Meridian Visa Infinite Travel Rewards Card is your key to earning the exclusive privileges you deserve. You’ll be rewarded with unique benefits and exceptional service.

Earn 1.5 points for every $1 of net purchases and 3 points for every $1 of net purchases in foreign currencies.

Our Review

Meridian Visa Infinite Travel Rewards Card

The Meridian Visa Infinite Travel Rewards Card is a rewards card that allows its holders to earn points for their day-to-day purchases. What makes this card stand out is that it offers you 3 points per dollar spent in foreign currencies (as opposed to 1.5 points per dollar spend in CAD)! That key feature aims this card at people who travel and make purchases outside of Canada frequently. You can redeem your points in a variety of different ways, including travel rewards, merchandise, event tickets and gift cards. The card comes at an annual fee of $99, but that fee is waived for the first year. With the addition of comprehensive insurance coverage and Visa Infinite Benefits, and you’ve got a card that is absolutely worth checking out for those who travel and make purchases outside of Canada.

As per our rating system, this card scored 18/25 on rewards, 17/25 on interest rates and balance transfers, 19/25 on perks and insurance, and 21/25 on annual fees. Therefore, the total smart score of this card is 75/100.

Pros
  • Earn 1.5 points for every $1 of net purchases
  • Earn 3 points for every $1 of net purchases in foreign currencies
  • Pay no annual fee for the first year
  • Visa Infinite Benefits: exceptional benefits exclusive to Visa Infinite cardholders.
  • Redeem your travel rewards the way you want. Options include: travel, merchandise, event tickets, and gift cards
  • Extensive insurance, including travel coverage, mobile device coverage, purchase protection and extended warranty.
  • Get access to customer service support from all over the world by phone.
Cons
  • After your first year of card membership the annual fee rises to $99
  • You must have an annual personal income of $60,000 or an annual household income of $100,000 in order to be eligible for the card.
  • For additional cards there is an annual fee of $30 each.
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