$7,000 cash back
Apply Now†Terms and conditions apply.
†Offer only available to residents of Ontario.
Meridian Credit Union is not responsible for maintaining the content on this site. Please click on the 'Apply Now' link for the most up to date information.
$7,000
First-year value
$7,000
cash back
$99
Annual fee
First Year Free
Based on the minimum spend required to earn the full welcome bonus.
Last updated: February 12, 2026
The Meridian Visa Infinite* Cash Back Card is a solid choice for an everyday Visa card. It has good earning rates on spending, with a lower annual fee than similar cards offered by bigger banks.
This card is perfect if you want a Meridian credit card with added insurance coverage, and are comfortable with a modest annual fee.
Canada’s 8 Best Cash Back Credit Cards
Read more| Tier | Amount | Requirement |
|---|---|---|
| On first purchase | $7,000 | First purchase |
Annual Fee
$99
First Year
Free
Additional Card
$30/yearFirst Year Rebate
The first-purchase bonus structure eliminates spending anxiety entirely – you earn the value on your opening transaction and move on. This makes it uniquely accessible among Canadian cash-back cards, where most bonuses lock behind three-month spend gates.
Without fee visibility or waiver pathways, renewal becomes a pure math decision: does your annual category earn justify the hold cost? Track quarterly and reassess each year.
| Category | Rate |
|---|---|
| Gas | 4% |
| Groceries | 4% |
| Pharmacy | 2% |
| Utility Bills | 2% |
| Everything Else | 1% |
Strong everyday coverage for gas and grocery – the two highest-frequency household categories – plus pharmacy and utilities at respectable rates. Where this falls short is travel and dining, so pair it with a dedicated travel card if you fly or eat out regularly.
Watch the annual caps: heavy spenders may exhaust elevated categories mid-year and drop to base earn. If you max out early, have a backup ready to rotate in.
Comprehensive insurance coverage
Travel InsuranceVisa Infinite insurance coverage delivers real travel protection – emergency medical extends to 48 days for under-55 travellers, far more generous than typical cash back cards. Mobile device protection quietly covers cracked screens and damage, a sleeper benefit that can offset much of the annual fee when you need it.
You won't find lounge access or hotel status here – this card prioritizes defensive coverage over lifestyle perks, keeping the value straightforward for Canadian households focused on spending categories rather than aspirational extras.
Underwritten by American Bankers Insurance Company of Florida and American Bankers Life Assurance Company of Florida
| Coverage | Maximum | Details |
|---|---|---|
| Emergency Medical | $5,000,000 | 48 days · 15 days (65+) · Cardholder, cardholder's spouse, and eligible dependent children for expenses incurred as a result of a medical emergency while travelling outside of own province of residence |
| Trip Cancellation | $2,000 | charge required |
| Trip Interruption | $2,000/person | charge required |
| Trip Delay | $200 | null-hour minimum · Reasonable and necessary living expenses up to $200 per day to a maximum of $2,000 for all insured persons per trip due to missed connection, illness or accident |
| Baggage Delay | $500 | 6-hour minimum |
| Baggage Loss | $1,000/person | — |
| Rental Car | Included | CDW/LDW · MSRP ≤ $65,000 · up to 48 days |
| Travel Accident | $1,000,000 | — |
| Purchase Protection | $50,000/year | 90-day coverage |
| Extended Warranty | +1 year | — |
| Mobile Device | Included | $1,000/claim |
Pre-Existing Conditions
90-day stability period required (180 days for 65+)
View Certificate of Insurance (PDF)
This package rivals many travel cards in breadth, with standout emergency medical and rental car coverage that eliminates counter upselling. Purchase protection and extended warranty add everyday utility beyond trips.
The critical flaw: award tickets paid with points aren't covered – only taxes qualify. If you redeem Aeroplan or transfer to partners, you'll need standalone insurance or a companion card for proper protection.
†Terms and conditions apply.
†Offer only available to residents of Ontario.
Meridian Credit Union is not responsible for maintaining the content on this site. Please click on the 'Apply Now' link for the most up to date information.
$7,000 cash back
Apply Now†Terms and conditions apply.
†Offer only available to residents of Ontario.
Meridian Credit Union is not responsible for maintaining the content on this site. Please click on the 'Apply Now' link for the most up to date information.
Last updated: February 12, 2026
