VaultNerd
Home Trust Preferred Visa
no-fx3.8 / 5

Home Trust Preferred Visa

Home Trust

Best for

Budget-conscious travellers and cross-border shoppers who want to avoid FX fees without paying an annual fee.

Apply on Home Trust
Annual fee
None
FX fee
0%
Purchase APR
21.99%
Income req.
$15,000 personal
Recommended credit score
640+
Approval difficulty
Moderate approval

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)
Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.
Written by
The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“Home Trust Preferred Visa Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/home-trust-preferred-visa, updated June 2026.

Sources
  • Home Trust cardholder agreement and rates & fees disclosure
  • VaultNerd cards database