Home Trust Preferred Visa
Budget-conscious travellers and cross-border shoppers who want to avoid FX fees without paying an annual fee.
VaultNerd estimate based on the card's tier and income requirements, not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
A classic free no-FX card: you save 2.5% on every foreign purchase and still earn 1% at home. Spartan insurance and the Quebec exclusion are the trade-offs.
Reward rates
All eligible purchases No annual cap; foreign-currency transactions, cash advances and fees do not earn cash back | 1% |
Pros
- One of the only no-fee cards in Canada with 0% FX fees
- Uncapped 1% cash back with a very low $15,000 income requirement
Cons
- Foreign-currency purchases don't earn cash back
- Cash back paid only once a year as a January statement credit
- Not available to Quebec residents
Perks
- No foreign exchange fees on foreign currency purchases, including online
- 1% cash back on all eligible purchases with no cap
- Visa Zero Liability fraud protection
- Guaranteed hotel reservations worldwide
- Digital wallet support (Apple Pay, Google Pay, Samsung Pay)
Insurance
- Purchase Security insurance (theft or damage, 90 days from purchase)
Frequently asked questions
Is the Home Trust Preferred Visa worth it?
It has no annual fee, and we rate it 3.8 out of 5. It's best suited to budget-conscious travellers and cross-border shoppers who want to avoid FX fees without paying an annual fee. Whether it's worth it for you depends on your spending. Run your own numbers through our credit card finder to see the net rewards after the fee.
What does the Home Trust Preferred Visa earn?
It earns 1% on all eligible purchases.
What credit score do you need for the Home Trust Preferred Visa?
We'd suggest a score of around 640 or higher, which puts approval in our "moderate" band. It also lists an income requirement of $15,000 personal. This is a VaultNerd estimate based on the card's tier and stated requirements. Approval also depends on your income, existing debt and credit history.
Researching and writing about Canadian personal finance since 2026.
Last reviewed June 2026 · How we research
“Home Trust Preferred Visa Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/home-trust-preferred-visa, updated June 2026.
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