Best Credit Cards No Foreign Transaction Fee this April 2026

What sets this card apart is its high rewards rate on essential spending categories like groceries and dining, making it a strong contender for those who frequently spend in these areas.

The Scotiabank Gold American Express Card has a personal income requirement of CA$12,000.

The Scotiabank Gold American Express Card offers great value with a CA$120 annual fee, a welcome bonus of 30,000 points after spending CA$2,000 in the first 3 months, and an earning rate of Scene+ points on groceries, dining, and entertainment.

The standout feature here is its no annual fee and straightforward 1% cash back on all purchases, making it an excellent choice for those who want a simple rewards card without the hassle of fees.

The inactivity fee for the Home Trust Preferred Visa Card is CA$12.00 after each 12-month period of account inactivity.

The Home Trust Preferred Visa Card is a great option for building credit, as it reports to credit bureaus monthly, helping to establish your credit history.

The annual fee for the Home Trust Preferred Visa Card is CA$0.

You earn 1% cash back on all eligible purchases with the Home Trust Preferred Visa Card.

This card shines for its premium travel benefits and low interest rates, making it a top choice for frequent travelers who can take advantage of the extensive rewards and perks.

The Scotiabank Platinum American Express Card has an annual fee of CA$399 and offers valuable benefits that may justify the cost, especially if they align with your spending habits.

You can earn 80,000 points by spending CA$10,000 within the first 14 months on the Scotiabank Platinum American Express Card.

A key differentiator is its combination of cash back rewards and high interest on balances, making it a unique option for those who want to maximize their spending and savings simultaneously.

The KOHO card is a reloadable prepaid Mastercard, not a credit card or debit card, meaning you spend money you've already added to your account.

KOHO Extra is a premium account offering 2.5% interest on your entire balance and 1.5% cash back on groceries, dining, and transportation, with no foreign exchange fees.

The annual fee for the KOHO Extra Mastercard is CA$144.

You can earn a welcome bonus of CA$20 when you successfully register and fund your account.

With a KOHO Joint account, both users receive their own card linked to the same balance, simplifying shared expenses and allowing both to earn rewards.

This card is designed for users looking to avoid traditional banking fees while earning high interest on their funds, making it a practical choice for everyday spending.

As of October 1, 2025, the Wealthsimple Prepaid Mastercard will no longer offer cash back rewards. The last day to earn cash back was September 30, 2025, and final payouts will be received within 7 business days of November 1, 2025.

Yes, you can use a prepaid Mastercard for payments, choosing to process it as either 'credit' or 'debit' depending on the retailer's payment system.

The Wealthsimple Prepaid Mastercard has no annual fee (CA$0) and no foreign exchange fees, making it a good option for global spending without ATM withdrawal fees.

You can receive a welcome bonus of CA$25 when you fund your account with at least CA$1.

The Wealthsimple Prepaid Mastercard does not offer any cash back rewards.