Types of Meridian credit cards
Meridian Credit Union offers various credit cards with cash back and travel rewards.
You get the first cardholder year for free as a welcome bonus. Meridian cards are Visa cards and offer benefits according to Visa card programs. All cards come with a great purchase rate of 19.50% and cash advance rate of 21.99%, Purchase Protection, and Extended warranty.
eZCard is an online tool designed to access account information anytime: check current balances, track and redeem rewards, review recent activities, make payments, view eStatements, etc.
Meridian Visa Infinite Cash Back Card is the premium card with a $99 annual fee and the highest rewards earning rate: 4% cash back on gas and groceries, 2% on pharmacy and utility bill payments, and 1% on all other purchases.
Visa Infinite provides access to special benefits such as 24/7 Concierge Service, Luxury Hotel Collection and, comprehensive travel insurance coverage (with emergency medical, trip interruption, and cancellation insurance), mobile device insurance, travel assistance services.
Meridian Visa Cash Back Card with no annual fees has a significant cash back of 2 reward points for $2 spent on many categories such as gas, groceries, pharmacy, and utility bill payments and 1 point for every $2 on other expenses.
There are additional included benefits: Common carrier travel accident insurance, Mobile device insurance.
Meridian Visa Platinum Cash Back Card gives two reward points for every $1 spent on all card purchases outside Canada in foreign currency and 1 point on other purchases for a $49 annual fee. In addition, you may use full travel insurance and mobile device and purchase protection insurance.
Meridian Visa Platinum Travel Rewards Card allows you to get travel rewards and benefits. You earn 1 reward point for every $1 spent on all card purchases, 2 points for every $1 on purchases made outside Canada in foreign currencies for an annual fee of $49. Comprehensive insurance is added.
Meridian Visa Infinite Travel Rewards Card has a considerable annual fee of $99, travel rewards, and bonuses.
The travel rewards are 3 points for every 2 dollars spent on all card purchases and an impressive 6 points per 2 dollars on purchases made outside Canada in foreign currencies.
You may redeem your travel rewards for worldwide flights with over 100 airlines, hotel stays with more than 80,000 properties, trips to top cruise destinations, gift cards from leading retailers, or purchases at over 1,000 merchandise options.
Use your Visa Infinite privileges and bonuses, and insurance coverage.
Meridian Visa US Dollar Card is an exclusive offer in USD for an annual fee of USD 65 with the ability to earn 1 reward point for every $1 spent on all card purchases. Comprehensive insurance is in your package.
How to apply for a Meridian credit card
To apply for a credit card, sign in to your Meridian CU member online banking account or visit a branch. You don't need other Meridian products to apply for a credit card.
Before you apply for Meridian membership online, you could review all fees and conditions in the card Disclosure Statement and read the Cardholder Agreement for other Terms and Conditions.
Requirements
To be eligible for Meridian credit cards, you should be a Meridian member who:
is a Canadian resident
is the age of majority in your province of residence
have a valid email
have a valid SIN
To qualify for the Meridian Visa Infinite cards, you must have a minimum annual income of $60,000 personal or $100,000 household income.
Pros and cons
Pros
Competitive rates
No annual fee card
First-year fee rebate welcome offer
Few additional fees
Attractive cash back rates
Great Rewards program
Visa exclusive premium benefits and bonuses
Comprehensive insurance coverage
Apple Pay, Google Pay, Samsung Pay
Online card account management tool
24/7 credit card support service
Cons
No low-rate cards
Limited choice of cards
A considerable annual fee may be required
Only Meridian members qualify to apply
How to make a payment
Cardholders can make a payment through online banking, a bill payment-enabled ATM, or at a branch.
Meridian CU cards don't have late payment fees, but beware of the payment return fee of $45 and pay before the due date; otherwise, your interest rate will increase, and your credit score may worsen.