Types of Vancity credit cards

Vancity offers a range of credit card options varying in annual fees, interest rates, and benefits included. Let’s look through them.

• enviro™ Visa Classic card with Vancity Rewards. Vancity enviro™ Visa Classic card with Vancity Rewards is a no-fee credit card featuring a 19.50% interest rate. Issuance of up to four additional cards is free of charge. For every $2 spent with this credit card on your everyday purchases, you will earn 1 Vancity Rewards point. When booking travels through Vancity Rewards, you will earn 2X Vancity Rewards points.

In addition, this card features common carrier travel accident insurance up to $200,000, purchase security, and extended warranty protection.

• enviro™ Visa Classic card. Enviro™ Classic Visa card with a low 11.25% interest rate involves a $25 annual fee. Issuance of up to four additional cards is free of charge. This card also features common carrier travel accident insurance up to $200,000, purchase security, and extended warranty protection.

• enviro™ Visa Classic card with a low-interest rate plus Vancity Rewards. Enviro™ Visa Classic card with a low 11.25% interest rate plus Vancity Rewards involves a $50 annual fee. Issuance of up to four additional cards is free of charge. Insurance coverages included in this card are common carrier travel accident insurance up to $500,000, purchase security, and extended warranty protection.

• enviro™ Visa Gold card with a low-interest rate. Enviro™ Visa Gold card with a low 11.25% interest rate involves a $45 annual fee. Issuance of up to four additional cards is free of charge. This card also features auto rental collision/loss damage insurance, common carrier travel accident insurance up to $500,000, delayed and lost baggage insurance, purchase security, and extended warranty protection.

• enviro™ Visa Gold card with Vancity Rewards. Enviro™ Visa Gold card with Vancity Rewards features a 19.50% interest rate and free issuance of up to four additional cards. The annual fee for this credit card is $99. For every $1 spent with this credit card on your everyday purchases, you will earn 1 Vancity Rewards point. When booking travels through Vancity Rewards, you will earn 2X Vancity Rewards points. Upon getting credit card approval, you will earn 2,500 bonus points on your first purchase plus 3,500 bonus points each year on your card's anniversary. In addition, this card features auto rental collision/loss damage insurance, common carrier travel accident insurance up to $500,000, delayed and lost baggage insurance, purchase security, and extended warranty protection.

• enviro™ Visa Gold card with a low-interest rate plus Vancity Rewards. Enviro™ Visa Gold card with a low 11.25% interest rate plus Vancity Rewards involves a $145 annual fee. Issuance of up to four additional cards is free of charge. For every $1 spent with this credit card on your everyday purchases, you will earn 1 Vancity Rewards point. When booking travels through Vancity Rewards, you will earn 2X Vancity Rewards points. Upon getting credit card approval, you will earn 2,500 bonus points on your first purchase plus 3,500 bonus points each year on your card's anniversary. In addition, this card features auto rental collision/loss damage insurance, common carrier travel accident insurance up to $500,000, delayed and lost baggage insurance, purchase security, and extended warranty protection.

• enviro™️ Visa Infinite card with Vancity Rewards. Enviro™️ Visa Infinite card with Vancity Rewards features a 19.50% interest rate and an opportunity to earn between 1.25 and 10 Vancity Rewards points for every $1 spent with this credit card, depending on the purchase category. This credit card features extensive insurance coverage, including auto rental collision/loss damage insurance, common carrier travel accident insurance, travel emergency medical insurance, trip cancellation and interruption insurance, flight delay insurance, delayed and lost baggage insurance, purchase security, and extended warranty protection. In addition, enviro™️ Visa Infinite cardholders can get the advantage of Premium Visa Infinite Benefits, such as access to airport lounges, dining and wine events, and a range of hotel perks. The annual fee for an enviro™️ Visa Infinite card is $120.

• enviro™ Visa Infinite Privilege card with Vancity Rewards. Enviro™ Visa Infinite Privilege card with Vancity Rewards features a 19.50% interest rate and an opportunity to earn between 1.50 and 10 Vancity Rewards points for every $1 spent with this credit card, depending on the purchase category. This credit card features extensive insurance coverage, including auto rental collision/loss damage insurance, common carrier travel accident insurance, travel emergency medical insurance, trip cancellation and interruption insurance, flight delay insurance, delayed and lost baggage insurance, purchase security, and extended warranty protection. In addition, enviro™️ Visa Infinite cardholders can get the advantage of Premium Visa Infinite Benefits, such as access to airport lounges, dining and wine events, and a range of hotel perks. The annual fee for this card is $245.

How to open a Vancity credit card

To apply for a Vancity credit card of your choice, click the “Apply now” button next to the credit card description. Then, fill out an online application form with the following details:

• Your first name

• Your middle name

• Your last name

• Your date of birth

• Your email

• Your phone number

• Your verification password (a verbal password to verify your identity over the phone)

• Your social insurance number

• Your address

• Your housing status

• The month and year you moved in

• Your occupation status

• Industry

• Your occupation title

• Your employer

• The month and year of your employment

• Your work phone

• Your average personal monthly income

• Your monthly payments (including rent, mortgage, loans, lines of credit, and credit cards)

• Requested credit limit

• Whether you want to add authorized users

Once you provide all the required information, accept the terms and conditions and click “Submit Visa application”.

Requirements

To qualify for a Vancity credit card, you must be a British Columbia resident of at least 19 years old. You must have previous credit history and have not declared bankruptcy in the last seven years. 

To apply for an enviro™️ Visa Infinite card with Vancity Rewards and enviro™, you must have at least $60,000 annual personal income, $100,000 annual household income, or $250,000 or more in investable funds.

To apply for an enviro™️ Visa Infinite Privilege card with Vancity Rewards, you must have at least $150,000 annual personal income, $200,000 annual household income, or $400,000 or more in investable funds.

Pros and cons

The advantages of Vancity credit cards are:

• The variety of options to choose from 

• Reward-earning opportunities 

• An opportunity to apply online

The disadvantages are:

• High annual fees for premium cards

• Steep minimum annual income requirements to apply for premium cards

How to make a payment

You can make a credit card payment from your Vancity online banking account or through the Vancity app. Go to the “Pay Bills” section, select the account you want to pay from, and select your Vancity Visa account as a payee (if you have added it as a payee already). If you haven’t added your credit card account as a payee yet, you can do it from the “Add Payee” section.

Alternatively, you can pay a credit card bill through the Vancity automated telephone banking service, over the phone with Vancity member service specialists, or in person at your local Vancity branch.