Home Trust · Visa · Cash back

Reviewed 2026-07-06 · By The Points Standard editorial team

Home Trust Preferred Visa

5.5/10 · PassNo annual feeNo FX fees

A narrow but real niche winner: the only genuinely free, no-FX card in Canada. Skip it for domestic spend, keep it in the wallet for anything priced in USD.

How we make money & how we rank: rankings are set by the Standard Score, never by compensation. Some card links may become referral links; that never changes a card's score or position. Full disclosure. Last reviewed: 2026-07-06.

Standard Score breakdown — Pass

Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 5.48/10 Standard Score above.

Component (weight)RatingContributes
First-year value (30%)
4.01.20
Ongoing value (20%)
6.01.20
Flexibility (15%)
6.50.97
Perk usability (15%)
4.00.60
Low friction (10%)
9.00.90
Strategic fit (10%)
6.00.60

See how the Standard Score works or re-weight it to your priorities.

The numbers

Annual feeNone
Welcome bonusNone — the card's case is its ongoing rate structure, not a signup bonus
Est. bonus value$0
First-year net value$180

Earn rates

All purchases1%

Why it earns its score

  • No foreign transaction fees on a genuinely no-fee card — rare pairing
  • No minimum income requirement, easier approval than bank premium cards
  • Flat 1% with no categories to track

Where it loses points

  • No welcome bonus at all
  • 1% flat is unremarkable next to category cash-back cards
  • No travel insurance or purchase protection extras

Who it's for

Frequent US/international spenders who want to skip both the annual fee and the 2.5% FX markup on a simple card.

Who should skip it

You spend mostly in CAD — a category cash-back card earns more for the same $0 fee.

Included insurance

Free Standard Playbook

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Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.