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// Cc · NO FX FEE

Credit cards with no foreign transaction fee

We compare 6 credit cards with no foreign transaction fee from 3 Canadian issuers. Annual fees range from $0 to $599. Sorted lowest annual fee first.

Updated October 2026

Credit cards with no foreign transaction fee compared

Most Canadian credit cards add a 2.5% fee to purchases made in a foreign currency, including many online orders from US stores. These cards skip that fee, so you pay only the exchange rate when you travel or shop abroad.

  1. Home Trust Preferred Visa

    See detailsfrom Home Trust$0 annual feeRates & fees

    1% on all eligible purchases

    • No annual fee and no foreign transaction fee
    • 1% cash back on eligible purchases, with no cap
    • Works with Apple Pay, Google Pay and Samsung Pay

  2. Wealthsimple Credit Card

    See detailsfrom Wealthsimple$0 annual feeRates & fees

    1% on everything

    • No annual fee and no foreign transaction fee
    • Flat 1% cash back on every purchase
    • Up to 2% back for Premium and Generation clients

  3. Scotiabank Gold American Express Card

    See detailsfrom Scotiabank$120 annual feeRates & fees

    6x at Sobeys, Safeway, FreshCo, Foodland and more

    • Up to 6x Scene+ points at Sobeys, Safeway, FreshCo and Foodland
    • No foreign transaction fee
    • 5x on dining, food delivery and entertainment

  4. Scotiabank Passport Visa Infinite + Card

    See detailsfrom Scotiabank$150 annual feeRates & fees

    3x on Sobeys, Safeway, IGA, Foodland and participating Co-ops and more

    • No foreign transaction fee on purchases in other currencies
    • 3x Scene+ points at Sobeys, Safeway, IGA, Foodland and more
    • 2x on other groceries, dining, entertainment and daily transit

  5. Scotiabank Platinum American Express Card

    See detailsfrom Scotiabank$399 annual feeRates & fees

    4x on Scene+ Travel

    • No foreign transaction fee
    • 2 Scene+ points per dollar on all purchases
    • 10 VIP airport lounge passes

  6. Scotiabank Passport Visa Infinite Privilege Card

    See detailsfrom Scotiabank$599 annual feeRates & fees

    6x on Scene Plus Travel Portal

    • No foreign transaction fees
    • 6x Scene+ points on bookings through the Scene+ travel portal
    • Airport lounge access

Questions

How many credit cards with no foreign transaction fee does CreditLab compare?

We compare 6 credit cards in this category from 3 issuers, with fees from $0 to $599 a year. Each one links to a full breakdown of its fees, rates and features.

Are there no FX fee options with no annual fee?

Yes. 2 of them have no annual fee, including the Home Trust Preferred Visa, Wealthsimple Credit Card.

Fees and rates come from each issuer’s published terms. Always confirm with the issuer before applying. See our methodology.