Best Visa credit card in Canada for 2020 award seal

Visa’s slogan, "Life Takes Visa," perfectly illustrates the network's worldwide reach.

There aren't many retailers that don't accept Visa – aside from Costco, of course – which is why they're often chosen over other networks like American Express.

Aside from acceptance, there are many other things to love about these cards.

Visa Infinite and Visa Infinite Privilege cards offer benefits to their cardholders in the areas of:

  • travel and hotels,
  • entertainment,
  • sports, and
  • food and wine.

Some of the best Visa cards also give their cardholders access to Visa Infinite Luxury Hotel Collection. This feature alone gives you the following benefits at select hotels:

  • the best available rate,
  • free wifi,
  • complimentary breakfast,
  • a food and beverage credit,
  • VIP Guest status, and
  • a later 3 PM check out.

And if you’re a foodie, the Visa Infinite Dining Series offers exclusive events at the most highly anticipated restaurants and top chef collaborations.

On top of that, Visa Infinite Privilege also rolls out the red carpet for their cardholders with the following extra perks when travelling:

  • global airport lounge access,
  • dedicated fast track security lanes,
  • dedicated airport parking, and
  • discounts on valet parking.

Luxury hotels, fine dining, and exclusive entertainment events are only the beginning of what these top Visa cards have to offer.

Best Visa credit card for 2020

Here's an overview of our picks for the best Visa credit cards for 2020:

CategoryCredit CardCurrent Welcome Bonus Offer
Best Visa credit cardTD® Aeroplan® Visa Infinite* CardUp to 30,000 miles, first year free (terms)
Best cash back Visa credit cardScotia Momentum Visa Infinite10% cash back in the first 3 months, first year free (terms)
Best travel Visa with no FX feesScotiabank Passport Visa Infinite30,000 points (terms)

Review all 10 top Visa Credit Cards here.

Best Visa credit card

For the best Visa to collect airline miles, look no further than the .

Earn Aeroplan miles on all of your day-to-day spending:

  • 1.5 miles for every $1 spent on gas, groceries, drugstores, and at, and
  • 1 mile for every $1 spent on everything else.

But, what separates this card are the Air Canada perks you get when flying on an Aeroplan rewards ticket:

  • 1st checked bag free,
  • priority check-in,
  • priority boarding, and
  • Maple leaf lounge access (only once per year).

It's a great way to make your already free flight even better.

Plus, with 10 types of travel and purchase protection at your disposal, know that you'll also be covered while travelling.

Best cash back Visa credit card

If you prefer a simpler approach to credit card rewards, coming in at the top of our list for cash back cards is the .

And it's no surprise when you look at the great earn rates this card provides:

  • 4% cash back on groceries and recurring bills – the highest available,
  • 2% cash back on gas and daily transit, and
  • 1% cash back on all other purchases.

To make things sweeter, you'll get 10% cash back for the first 3 months, on the first $2,000 in spend.

What's more, you'll get 11 types of purchase and travel insurance as protection.

You'll also be able to enjoy Visa Infinite perks, like

  • Visa Infinite Hotel Collection, and
  • Visa Infinite Experiences.

Best travel Visa credit card with no foreign exchange fees

It's not on our list, but if you crave travel more than anything else, the is the clear winner for this category, providing you with:

  • complimentary concierge service,
  • complimentary Priority Pass membership with 6 free passes annually,
  • complimentary AVIS Preferred Plus Membership,
  • 30,000 bonus points to start off your travel rewards bank,
  • 10,000 bonus points when you charge $40,000 on your card annually, as well as
  • 2,000 bonus points for every $10,000 you spend above that.

Not to mention you'll earn:

  • 2 Scotia Rewards points per $1 spent on groceries, restaurants, entertainment, and daily transit, and
  • 1 Scotia Rewards point for every other $1 spent.

With each point being worth 1 cent when you redeem for any type of travel, your average return on spending could be 1.3%.

Plus, this card completely waives the foreign exchange fees, which is a major bonus when spending in a foreign currency. You'll save up to 2.5% of your entire purchases in fees.

Compare Visa Credit Cards

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