What is a foreign transaction fee?

A foreign transaction fee (typically 2.5% in Canada) is charged when you make a purchase in a foreign currency. This applies to international travel and many online purchases from non-Canadian retailers. Some cards, like the Home Trust Preferred Visa, waive this fee entirely.

Best Credit Cards for Online Shopping in Canada

Last updated: February 28, 2026

By CardFinder Editorial Team Affiliate Disclosure

Best Credit Cards for Online Shopping in Canada

Online shopping often involves purchases from international retailers, making foreign transaction fees a major consideration. The best cards for online shopping in Canada offer good base earn rates and, ideally, no foreign transaction fees to maximize your savings.

Top 3 Cards

Best Flat-Rate Cashback

Wealthsimple Visa Infinite Card

Visa

Wealthsimple · No annual fee

5% cashback for 30 days

cashbackno-feeonline-shopping

Pros

+2% flat cashback on everything is best-in-class
+No foreign transaction fees
+No annual fee for qualifying clients

Cons

–Need $100K+ assets or direct deposit to waive monthly fee
–Visa Infinite requires $60K personal or $100K household income

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Best No FX Fee Card

Home Trust Preferred Visa Card

Visa

Home Trust · No annual fee

no-feeno-fx-feestravelonline-shopping

Pros

+No annual fee
+No foreign transaction fees (saves 2.5%)
+Flat 1% cashback on everything

Cons

–Only 1% base cashback
–No bonus categories

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Best No-Fee All-Around

Rogers Red World Elite Mastercard

Mastercard

Rogers Bank · No annual fee

Earn 3% cashback for the first 6 months

no-feecashbackno-fx-feesonline-shopping

Pros

+No annual fee with World Elite benefits
+Flat 1.5% cashback on everything
+Effective 0.5% gain on foreign purchases

Cons

–$80,000 household income requirement
–Cashback redeemed against Rogers bills ideally

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Quick Comparison

Card	Annual Fee	Network	Groceries	Gas	Dining	Travel	Welcome Bonus
Wealthsimple Visa Infinite Card	No annual fee	visa	2x	2x	2x	2x	5% cashback for 30 days	Apply
Home Trust Preferred Visa Card	No annual fee	visa	1x	1x	1x	1x	—	Apply
Rogers Red World Elite Mastercard	No annual fee	mastercard	1.5x	1.5x	1.5x	1.5x	Earn 3% cashback for the first 6 months	Apply

How We Chose These Cards

We prioritized cards with no foreign transaction fees (important for international online stores), strong base earn rates, and purchase protection for online orders.

We rank cards based on category fit, fees, and commonly used perks. Learn more about our methodology.

Frequently Asked Questions

Related Resources

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Offers and terms can change. Always confirm details on the issuer's website before applying. We are not a bank.