Best U.S Dollar Credit Cards in Canada for 2023

RBC  Visa Signature Black
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Annual Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Min Income Requirement: Not Available
Why Apply:
  • No annual fee 
  • No U.S. credit score or address required
  • Flexible redemption 
  • Various benefits 
Recommended Credit Score:
670 900
Average to Excellent

The RBC Visa Signature Black is a good card for people who regularly purchase in USD and who shop across the border. It transacts using U.S. dollar so you can avoid daily fluctuations. Because this is also an American credit card and not just a USD currency card, it does not charge the typical 2.5% foreign transaction fee on purchases in the US.

No annual fee – This is a good deal for a card that helps you avoid fluctuating exchange rates and a foreign transaction fee.
  • No U.S. credit score or address required – the company will use your Canadian credit history and any RBC relationship to qualify you for your card.
  • Flexible redemption – This credit card lets you earn 1 RBC Rewards point for every $1 spent. Points earned can be redeemed for cash back, travel, gift cards, merchandise, and more.
  • Various benefits – This credit card protects what’s valuable to you with trip cancellation or interruption insurance, travel accident insurance, auto rental collision damage waiver, cell phone insurance, and purchase security.

This credit card will help to eliminate the need for currency conversion when you pay in USD. U.S. dollar credit cards are good for those who Regularly make purchases in the U.S. (either online or in person), who regularly travel to the U.S and who live in the U.S for few month each year(Snowbirds).

A U.S. dollar Visa card for the frequent traveller/shopper. Avoid exchange rates while earning 1 RBC Rewards point for every $1 spent. The points are flexible, but cash back is the simplest redemption option (1 point = $0.01). This no-annual fee card also comes with a travel insurance package, auto rental collision damage waiver, mobile phone insurance, and purchase security. Right now there’s a 0% introductory APR offer for the first 6 months.

Author Bio

Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based in Toronto. He is a former financial services professional who worked at major Canadian financial institutions for many years. He managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor's in Business Administration from the University of Quebec (Montreal) and a Master's in International Business from the University of Sherbrooke (Quebec). He is also the author of the Canadian Credit Card Guidebook and earns rewards with the American Express Cobalt credit card.