Meridian Visa Platinum Travel Rewards Card Review



Annual Fee


Annual Rewards


Intro Offer


Annual fee


Annual rewards


Intro offer


  • Earn 2 points per $1 spent on gas, grocery, and pharmacy
  • Earn 1 point per $1 spent on all other eligible purchases
  • Comprehensive travel insurance coverage
  • No foreign transaction fees
  • Points have no expiry date
  • Cardholder discounts on car rentals


  • $99 annual fee
  • Income requirement of $60,000 minimum
  • Points not as flexible as cash back options
  • Limited availability, only offered to Meridian Credit Union customers
  • No introductory interest rate offer

How you earn rewards

Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With Meridian Visa Platinum Travel Rewards Card, here’s how you earn rewards:

Bills1 point
Pharmacy1 point
Gas1 point
Groceries1 point
Restaurants / Delivery1 point
Specific Stores1 point
Travel1 point
All Other Spend1 point

How much your rewards are worth

The dollar value of your rewards depends on the specific Meridian rewards program and what you choose to redeem your points for.

For Meridian Visa Platinum Travel Rewards Card in particular, if you spend $2,000 per month, here’s our estimated rewards earned depending on which reward you choose:

Redemption methodAnnual rewards
Meridian travel$240

Calculating your annual rewards

$24,000 annual spending x {{max_earn_rate}}% return on spending = $240 annual rewards

$240 annual rewards – $49 annual fee = $$191 net annual rewards

Details and eligibility

Do I qualify?
Estimated Credit Score760 – 900
Interest Rates
Cash Advance21.99%
Balance Transfer21.99%
Annual Fee$49
Card typeVisa

Insurance coverage

Extended Warranty1 year
Purchase Protection90 days
Travel Accident$500,000
Baggage Delay$500
Lost or Stolen Baggage$1,000
Rental Car Theft & DamageYes
Mobile Phone Insurance$1,000
Price Protection InsuranceYes

Meridian Visa Platinum Travel Rewards Card Review

The Meridian Visa Platinum Travel Rewards Card is designed for Canadians who are frequent travellers and looking for rewards that can be redeemed on various travel-related expenses. In this review, we will be discussing the earning potential, benefits, and drawbacks of this credit card to help you decide if it’s the right option for you.

Earning Potential

The Meridian Visa Platinum Travel Rewards Card offers a solid earning potential through its rewards points system. Cardholders can earn 1 reward point for every $1 spent on all eligible purchases. There are no specific categories for spending, which allows users to accumulate points on various purchases without worrying about category limitations.

Benefit 1: Travel Insurance Coverage

One major advantage of the Meridian Visa Platinum Travel Rewards Card is its comprehensive travel insurance coverage. This includes travel accident insurance, trip interruption and cancellation insurance, baggage loss or delay insurance, and car rental collision/loss damage waiver. This coverage provides peace of mind and security during your travels.

Benefit 2: No Foreign Transaction Fees

Another significant benefit of this card is the absence of foreign transaction fees. This is particularly beneficial for frequent travellers, as it can save you money on currency conversion while making purchases in different currencies.

Benefit 3: Easy Point Redemption

The Meridian Visa Platinum Travel Rewards Card offers users a simple and flexible points redemption process. Rewards points can be redeemed for travel expenses such as flights, hotels, car rentals, cruises, and vacation packages through the Meridian Rewards website.

Benefit 4: Visa Platinum Concierge Service

This card also offers the Visa Platinum Concierge service, granting its users access to 24/7 assistance for various travel-related services, such as trip planning, reservation support, and event ticket booking. This personalized service adds value to your travel experience.

Drawback 1: Limited Sign-up Bonus

A significant drawback to the Meridian Visa Platinum Travel Rewards Card is the limited sign-up bonus. As of now, there are no introductory offers or sign-up incentives for new cardholders. This means that it might take some time to accumulate rewards points for worthwhile redemption.

Drawback 2: Annual Fee

Another potential drawback of this card is the annual fee of $49. While not excessively high compared to some other premium travel rewards cards, the annual fee might not make it a suitable option for those seeking a no-fee credit card for travel rewards.

Additional Information

This card also offers additional features like emergency card replacement, zero liability protection, and purchase protection. These features enhance the overall security and convenience for cardholders.

In conclusion, the Meridian Visa Platinum Travel Rewards Card is an attractive option for frequent travellers looking for insurance coverage and flexibility in redeeming points. However, potential users should consider the annual fee and limited sign-up bonus before committing to this credit card.

Interested in other credit cards? Canadians that like the Meridian Visa Platinum Travel Rewards Card credit card also like the Meridian Visa US Dollar Card. If you’re looking for other options you should consider the Meridian Visa Infinite Travel Rewards Card, and the Meridian Visa Platinum Cash Back Card.


With the Meridian Visa Platinum Travel Rewards Card, you can redeem your points for a variety of rewards such as:

  • Travel bookings (flights, hotels, car rentals, cruises, and vacation packages)
  • Merchandise from popular brands
  • Gift cards from various retailers
  • Statement credits to help pay off your credit card balance
  • Points can also be used to redeem charitable donations

Please note that the points value may vary depending on the reward category you choose.

The Meridian Visa Platinum Travel Rewards Card features a foreign transaction fee of 2.5% on purchases made in a foreign currency. This means that when you use this credit card for transactions made in currencies other than Canadian dollars, you will be charged an additional 2.5% on the converted amount, which will be reflected on your statement.

The Meridian Visa Platinum Travel Rewards Card does not have a specific minimum income requirement. However, credit card issuers typically assess applicants’ creditworthiness, including income and credit score, when determining eligibility for credit cards.

Key benefits

  • 19.5% interest rate on purchases
  • 21.99% interest rate on cash advances
  • Card includes Visa Paywave for contactless payments
  • Travel accident insurance up to $500,000
  • Trip cancellation insurance up to $2,000 per trip
  • Lost or delayed baggage insurance up to $1,000
  • Auto rental damage and theft coverage
  • Emergency health care coverage up to $5,000,000 while travelling
  • 24/7 Visa Platinum concierge service
  • Online and mobile banking access
  • Access to Visa’s Zero Liability Policy for fraudulent charges

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