Canadian Credit Card Rates, Reviews & Applications
| APR | Annual Fee | Balance Transfer Rate | Balance Transfer Fee | Credit Required | |||
|---|---|---|---|---|---|---|---|
 |
CIBC US Dollar Visa Card Review Designed for Canadians who travel to the U.S. often, this card saves you foreign exchange conversions, charges and fees |
19.99% | $35 | 21.50% | 1% | Good Credit | Apply |
 |
RBC US Dollar Visa Gold Review Make your transactions in U.S. funds and avoid the hassles of exchange rates or daily currency fluctuations |
19.99% | $65 | n/a | n/a | Good Credit | Apply |
 |
BMO US Dollar MasterCard Review Bypass the cost and uncertainty of fluctuating exchange rates. Pay for your U.S. purchases in U.S. funds |
19.50% | $25 | 19.5% | n/a | Good Credit | Apply |
Foreign currency exchange fees can be expensive. US Dollar credit cards allow you to pay your credit card bill in U.S. funds to avoid these currency conversion fees. These types of cards benefit businesses and individuals with income or banking accounts based in the States.
Canadian residents who travel to the U.S. frequently, maintain a banking account, or make frequent purchases to U.S. merchants can all benefit from these cards. Your monthly statement shows you exactly what you spend in U.S. dollars, and you pay in U.S. dollars, taking the guesswork out of fees and exchange rates.
There are several options to choose from, including cards with rewards and other travel or insurance benefits. When comparing cards, think about how you plan using the card and choose one with features that compliment your spending habits. And as always, be sure to manage your credit cards responsibly.
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