The Preferred Visa from Home Trust is a great credit card that doesn't charge a foreign transaction fee, this card helps cardholders to save 2.5% each time they make a purchase in any foreign currencies either online or in store.
The Home Trust Preferred Visa is a great cash back card that allows cardholders to earn 1% cash back on all their purchases. Most importantly there are no restrictions and no limits to the cash back that you can earn with the home trust visa.
*Visa Int./Home Trust Company, licensed user of mark.
1Cash advances, balance transfers, interest and fees are not eligible for CashBack Rewards.
2Foreign currency transactions are converted at the exchange rate set by Visa International, without additional surcharge.
3Purchase Security insurance is underwritten by Royal Sun & Alliance Company of Canada. Complete terms and conditions, are outlined in the Certificate of Insurance provided with your card.
4The Visa Collision/Loss Damage Insurance program is underwritten by Royal and Sun Alliance Insurance Company of Canada and is provided by a group policy issued to Visa Canada Association. Complete terms and conditions, including exclusions and limitations, are outlined in the Certificate of Insurance provided with your card.
5Certain restrictions, limitations and exclusions apply. The Visa Zero Liability policy protects Visa cardholders who have a Canadian issued Visa card and experience fraud through unauthorized use of their card. Visit visa.ca for more information
A great differentiator with other no annual credit cards is Roadside Assistance included at no extra cost?which is amazing. In addition, they also offer purchase and Auto Rental Collision Insurance.
Whether you're travelling abroad or buying something online, rest assured when using your Home Trust Preferred Visa Card, you'll never be charged a foreign exchange conversion fee.
One of the most attractive features of the Home Trust Preferred Visa is the cash back rewards. Cash can be earned on all purchases and there is no limit on how much cash you can earn. Your rewards are deposited directly into your bank account making the earnings super easy to obtain!
In addition to the lucrative cash back rewards, there is no annual fee for this card. There are also secondary benefits that card holders are eligible for including no foreign exchange fees, roadside assistance, protection against fraud, auto rental insurance for post collision driving and purchase security.
The most notable of this list is the lack of foreign exchange fees. If you’re an avid traveler and want to save while abroad, the Home Trust Preferred Visa is an excellent choice. Foreign transaction fees might seem like nothing, but they add up, especially when you factor in foreign exchange rates. Another notable feature is the roadside assistance benefit. Cardholders are allowed four roadside services per year free of charge anywhere in North America. Talk about service!
Not only is the Home Trust Preferred Visa great from a financial aspect, the bank itself has stellar ideals and makes it their mission to cater to their customers. They aim to provide financial services to individuals who don’t have a typical credit background and can’t reach their financial goals with traditional banks. Needless to say, Home Trust does their best to help their customers achieve their goals, no matter what situation they’re in.
There are some drawbacks to using this credit card and working with Home Trust. For one, this card is not accessible in Quebec. In addition, the amount of transactions the cardholder can incur per day is ten. Most credit card users won’t exceed this limit, but it’s a hassle to always have it on your mind. The card also does not allow for tap payments and customer service is not available 24/7, only during business hours.
Overall, the Home Trust Preferred Visa is a phenomenal choice. If you’re an individual who travels a lot, this card is especially beneficial considering how rare no foreign transaction fees are in combination with no annual fee. Home Trust is a small, yet effective, bank that delivers to their customers. Get yours today!
This credit card has a close cousin which is the Home Trust Secured Visa.To get more information read our review on the Home Trust Secured Visa.