Just like Mastercard, Visa credit cards are accepted in hundreds of countries worldwide and they offer their cardholders very similar benefits and securities.

Torn between Visa and Mastercard? Sure, it could be a matter of personal opinion…

But also a review of each card’s key benefits, rewards, perks, insurance details, and current offers. So never take the first card that comes along!

Visa has 5 different tiers:


Considered the basic card Visa has to offer, these cards often have no annual fee or no minimum income requirements, and don’t usually have much in the way of perks or benefits.


For customers who want a little more from their credit cards – a little better rewards, a little more benefits, and a little more comprehensive insurance.

Although gold cards don’t usually have minimum income requirements, the annual fee can range anywhere from $0 to $110, depending on the issuer.


Platinum cards often have a minimum credit limit of $5,000 but still don’t always require a minimum income. The annual fee is usually between $50 and $150, but that usually gives cardholders multiple types of insurance and valuable rewards.


Access to exclusive experiences and benefits which include Concierge Service, Luxury Hotel Collection, and Visa Infinite Dining Series.

The annual fee usually sits around the $120 dollar range and always require a minimum personal income of $60,000 or a $100,000 household income.

Infinite Privilege

Includes all the benefits mentioned above plus Global Airport Lounge Access, dedicated fast track security, airport parking and valet discounts. They also typically come with bigger sign up bonuses and increased rewards on every dollar you spend.

 Infinite Privilege cards often have an annual fee around $400. They also require a $200,000 minimum personal (or household) income and come with a nice high credit limit.

Visa Credit Cards in Canada

Featured In

The Globe and Mail