My Rate Compass

Best U.S Dollar Credit Cards in Canada for 2020

 
TD U.S. Dollar Visa Card
TD U.S. Dollar Visa Card
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Welcome Bonus
Annual Fee: $39
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Average to Excellent (670-900)
Why we like it?
  • Freedom to shop across the border
  • Enough protection
  • Convenient payment
Full Review
Why we like it

Always going to the US for vacation? Then it pays to have the TD US Dollar Visa Card in your wallet. It lets you pay in USD directly, eliminating foreign exchange fees and giving you better exchange rates than if you use other Canadian credit cards. This US dollar credit card is perfect for the frequent cross-border shopper or business people who are heading south often.

 

  • Freedom to shop across the border – Because you won’t be charged a foreign exchange fee (usually 2.5% from regular credit cards), you can shop, eat at foreign restaurant or book a hotel with peace of mind and more savings on your pocket. It also takes the guesswork out of fluctuating currency exchange rates.
  • Enough protection – While other US credit cards offer minimal protection, the TD US Dollar Visa Card provides sufficient trip interruption coverage, delayed and lost baggage insurance, collision or loss damage coverage for rental cars, and purchase security and extended warranty protection.
  • Convenient payment – This credit card offers chip and payWave convenience. It is also compatible with Apple Pay.
Credit Card snapshot
  • Make purchases in U.S. Dollars without credit card foreign currency conversion fees
  • Eliminate credit card foreign currency conversion rates and fees when making purchases or paying for bills in U.S. Dollars
  • Enjoy Chip & PIN security and Visa payWave contactless payment convenience
  • Travel and shop with a suite of insurance coverages
  • Enjoy all the benefits of your TD U.S. Dollar Visa Card using Apple Pay. It's the easy and secure way to pay.
RBC Visa Signature Black
RBC Visa Signature Black
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Welcome Bonus
Annual Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Average to Excellent (670-900)
Why we like it?
  • No annual fee 
  • No U.S. credit score or address required
  • Flexible redemption 
  • Various benefits 
Full Review
Why we like it

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.
Credit Card snapshot

Earn Rewards with Every Purchase You Make. Redeem for Cash Back, Travel, Gift Cards and More.

Make your transaction in U.S. dollar and avoid daily currency fluctuations

Earn 1 RBC Rewards point for every $1 spent on your card

Redeem your RBC Rewards points for cash back( 1%)

No annual fee

Scotiabank ® U.S. Dollar VISA* Card
Scotiabank ® U.S. Dollar VISA* Card
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Welcome Bonus
Annual Fee: $35
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Average to Excellent (670-900)
Why we like it?

 

  • Low annual fee
  • Pay in U.S. dollars
  • Faster online checkout
  • Purchase protection
Apply Now Full Review
Why we like it

Pay fewer fees when it comes to foreign transaction and purchases made across the border with a US dollar credit card. And when it comes to these specialty credit cards, the Scotiabank US Dollar VISA stands out with no U.S. dollar conversion fees on top of purchase security, extended warranty and a 25% discount at participating Avis locations.

 

  • Low annual fee – While you have to pay a small amount of annual fee, the fee is significantly lower than other credit cards and is worth it if you usually make purchases in USD.
  • Pay in U.S. dollars – Save more on offline and online purchases. Aside from saving money from fluctuating currency conversion, you don’t have to pay the 2.5% foreign transaction fee that other credit cards charge.
  • Faster online checkout – Easy checkout and online purchases with Visa Checkout. This credit card is also eligible for Apple Pay and Android Pay.
  • Purchase protection – Purchases made with the credit card are eligible for an extended warranty of 1 year and purchase protection for 90 days.
Credit Card snapshot

Great reasons to get this card for your U.S. dollar purchases

The convenience and flexibility of paying in U.S dollars

  • No U.S dollar foreign currency conversion fee
  • Free Supplementary Cards
  • Visa Checkout - Now you can checkout online easier with Visa Checkout
  • Eligible for Apple Pay & Android Pay

Other Types of Credit Cards