My Rate Compass

Best No Foreign Transaction Fee Credit Cards in Canada for 2020

 
Welcome Bonus
Annual Fee: $99
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Poor / No Credit
Fair / Average
Good / Excellent
Why we like it?
  • No foreign transaction fee
  • Maximum returns on your favorite shops
  • Free global Wi-Fi
  • Flexible rewards
  • Protection
Why we like it

Brim MasterCard is the answer to people looking for the best no foreign transaction card. With no annual fee and lots of unique benefits, from mobile insurance to zero-interest financing plans to detailed budget tracking, this credit card leaves much to like. It’s one of the best Canadian credit cards for people who usually spend money overseas.

  • No foreign transaction fee – With the foreign transaction fee in Canada averaging at 2.5%, this is a huge deal. This is equivalent to $100 savings when you spend $4000 on a trip.
  • Maximum returns on your favorite shops – This card gives you more points for shopping on places you frequent most. For example, if you’re a regular at a local coffee shop, you’ll earn more points each time you visit. Same goes to restaurants, groceries, and gas stations.
  • Free global Wi-Fi – Using this card gives you access to over 1 million Boingo hotspots worldwide.
  • Flexible rewards – Points are exchanged as cashback or as goods in the online catalogue.
  • Protection – This credit card helps you protect what’s valuable to you with its mobile phone, event ticket and travel insurance.
Credit Card snapshot

Frequency

The more you shop, the more you can earn at participating merchants.

Travel

Earn 5x the points on all purchases with Brim Travel (coming soon).

Bonus

Earn milestone bonuses at specified merchant partners.

Welcome Bonus
Annual Fee: $129
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Poor / No Credit
Fair / Average
Good / Excellent
Why we like it?
  • Generous sign-up bonus
  • Flexible redemption options
  • Travel convenience
  • Additional protection
Why we like it

With a generous rewards rate of 5 points per dollar on gas, groceries, restaurants and entertainment, the Scotiabank Gold American Express Card will help make your travel plans a reality. Plus, with a flexible points program, you can book you flights on your own schedule.

  • Generous sign-up bonus -The Scotiabank Gold American Express® offers a way for new cardholders to quickly stockpile points. It lets you earn 20,000 bonus points in your first year. 
  • Flexible redemption options - With the Scotia Rewards Program, you can book your travel with any airline or hotel through its full-service travel agency. You can use your points to cover the whole cost of the trip, including taxes and fees, or combine your points and a charge to your card. Points can also be used to book hotels and rental cars.
  • Travel convenience - Added features such as rental car discounts and hotel room upgrades are designed to make travel as convenient and comfortable as possible.
  • Additional protection - This Amex credit card provides has one of the most comprehensive travel protection benefits with insurance against flight delays and lost baggage even insurance against burglaries.
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Scotiabank Gold American Express® Card review

Great reasons to get the Scotiabank Gold American Express Card for your everyday purchases.

Earn 20,000 bonus Scotia Rewards points with your first $1,000 in everyday purchases in first 3 months†

5x

eat in & eat out

Earn 5x Scotia Rewards points for every $1 CDN spent on eligible grocery stores, restaurants, fast food, and drinking establishments. Includes popular food delivery and food subscriptions.

watch & cheer

Earn 5x Scotia Rewards points for every $1 CDN spent on eligible entertainment purchases. Includes movies, theatre, and ticket agencies.


3x

ride & drive

Earn 3x Scotia Rewards points for every $1 CDN spent on eligible gas and daily transit.Includes rideshare, buses, taxis, subway, and more.

listen & stream

Earn 3x Scotia Rewards points for every $1 CDN spent on eligible select streaming services.

1x

everything else

Earn 1xScotia Rewards point for every $1 spent on every other purchase.

Welcome Bonus
Annual Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 19.99%
Recommended Credit Score
Poor / No Credit
Fair / Average
Good / Excellent
Why we like it?
  • No annual fee
  • No foreign transaction fee
  • 1% Cash back rewards
  • Free roadside assist membership
  • Sufficient protection
Why we like it

With no foreign transaction fee and no annual fee in one credit card, what’s not to like about the Home Trust Preferred Visa? And because this is a no fee credit card, all benefits come free, including free roadside assistance in Canada.

Why We Like It:

  • No annual fee – You can try it for free, and you don’t need to shell out $100 to keep it.
  • No foreign transaction fee – 0% foreign currency conversion charge when shopping abroad. It’s perfect for online and cross-border purchases – saving you 2.5% of the total cost.
  • 1% Cash back rewards – Regardless of the category, this credit card gives 1% cash back with NO limit and restriction on how much you can earn each year. The total cash back balance is credited to your account at the start of each year.
  • Free roadside assist membership – 24/7 Free roadside assistance includes free 5-litre gas delivery, emergency towing services up to 5 km away, key lock-out, tire service, and battery boosting.
  • Sufficient protection – Insurance covers auto rental collision and loss as well as purchase protection.
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No Fee Home Trust Secured Visa Card Review

The best way to get the credit you deserve.

Build or re-build your credit, even if you’ve had credit difficulties in the past,
or have never had a credit card before! An excellent opportunity to establish your credit rating.

Virtually everyone is approved.

Get all the benefits of Visa* while re-building your credit:

  • Make purchases over the phone or online
  • Plan and book a vacation
  • Access cash anytime, anywhere from over 1 million ATMs around the world displaying the Visa or Plus logo
  • Shop at over 24 million locations worldwide

The Home Trust Secured Visa Card is a credit card that requires a security
deposit for eligibility. Your credit limit is then set at the amount of the
deposit. You can put down as little as $500, or as much as $10,000

The Home Trust Secured Visa Card is not available to residents of Quebec.