Shrewd Spender

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Best Kept Secret Cash Back Credit Card

I want to let you in on a secret.

There is a no fee, cash back credit card that doesn’t get a lot of press. This credit card is absolutely amazing when you’re in a foreign country or if you shop at a non-Canadian website. What credit card am I talking about?

The mysterious, under loved, but super awesome credit card I’m talking about is the Rewards Visa

Why Do I Think this Card is so Awesome?

  • There is no annual fee with this card.
  • You earn 2 points for every $1 you spend at
  • You earn 1 point for every $1 you spend everywhere else, online or otherwise.
  • A $20 credit is automatically applied to your account when you accumulate 2000 points! No waiting for that cheque in the mail!

The ULTIMATE Feature of this Card

The Rewards Visa has a feature most credit cards do not have. This single feature makes it the best credit card when you’re in a foreign country or shopping outside of Canada. The Rewards Visa has no foreign currency transaction fees!!! Zip! Zero! Zilch!

Most credit cards convert the foreign currency into Canadian dollars, then add an extra 2.5% of the converted amount on to the total as a conversion fee. Foreign currency transactions on purchases made on the Rewards Visa is converted at the rate set by Visa international. The Visa international exchange rates are really close to the exchange rates set by the Bank of Canada.

With the Canadian dollar above or close to par with the US dollar, and the 1% cash back from just using the card, a deal you find priced in US dollars could be an even better deal than you though.

Any Other Bonuses? will instantly give you a $15 gift certificate upon approval of your application. The credit card will also be instantly available for you to use on

So if you’re heading to a foreign country soon, or if you’ve been eyeing up some new Blu-ray new releases, sign up for the Rewards Visa and save yourself some money!

Image courtesy of basketman /