Credit cards that give you more benefits while charging you less? That’s precisely what the Home Trust Preferred Visa delivers. This card is designed to make your financial life easier, whether you’re shopping abroad, making online purchases in a foreign currency, or simply managing your everyday expenses. One of its standout features is the elimination of foreign transaction fees, which can save you a significant amount of money when shopping internationally.

Additionally, it offers unlimited 1% CashBack Rewards on all purchases, ensuring that every dollar you spend works in your favor. And the best part? There’s no annual fee, making it a truly cost-effective choice for savvy spenders. If you’re someone who values transparency and wants to avoid hidden charges, the Home Trust Preferred Visa is an excellent option. It’s tailored to help you maximize your budget while enjoying the perks of a premium credit card.

Whether you’re a frequent traveler, an online shopper, or just looking for a reliable way to earn rewards, this card has something for everyone. Let’s take a closer look at all the features and benefits that make the Home Trust Preferred Visa a standout choice in the world of credit cards. From its competitive rewards program to its user-friendly terms, this card is designed to put more money back in your pocket while simplifying your financial experience.

Key details about the Home Trust Preferred Visa

How does the annual fee work?

The best things in life are free, and that includes the Home Trust Preferred Visa. With no annual fee, you get all the benefits of the card without having to worry about an extra charge eating into your rewards. Many credit cards come with annual fees that can quickly add up, but this one ensures you keep every dollar where it belongs—right in your pocket.

How is the credit limit determined?

Your credit limit is set based on a few key factors, including your credit score, income, and overall financial history. When you apply, Home Trust evaluates your ability to manage credit responsibly, ensuring you receive a limit that aligns with your financial situation. While the exact amount varies from person to person, a good credit score and steady income generally lead to higher limits.

Advantages of the Home Trust Preferred Visa

This card isn’t just about saving money—it’s about adding value to your everyday spending. Here’s what makes it stand out:

• No foreign transaction fees – Travel and shop online without the usual 3% surcharge on foreign currency purchases.
• 1% unlimited CashBack Rewards – Earn 1% on all eligible purchases, with no cap.
• No annual fee – Keep all the perks without any yearly costs.
• Zero Liability policy – Fraud protection ensures you aren’t responsible for unauthorized charges.
• Worldwide acceptance – Use your card in over 200 countries.
• Purchase Security insurance – Get coverage against theft or damage for 90 days after purchase.
• Guaranteed hotel reservations – Book with confidence, knowing your room will be held even if you arrive late.
• Digital wallet compatibility – Pay easily with Apple Pay, Google Pay, or Samsung Pay.
• Online account management – Track your spending and manage your account anytime, anywhere.

The standout feature: 1% unlimited CashBack Rewards

CashBack rewards make every purchase a little more rewarding, and with the Home Trust Preferred Visa, there’s no limit on how much you can earn. Many credit cards impose a cap on cashback earnings, but here, every eligible dollar spent gets you 1% back—whether you’re buying groceries, filling up on gas, or booking your next trip. What makes this feature even better is the flexibility. You can use your cashback to save for a future goal, invest in a project, or even pay down your credit card balance. The choice is yours!

Disadvantages of the Home Trust Preferred Visa

No credit card is perfect, and while the Home Trust Preferred Visa has plenty of benefits, there are a few limitations to consider:

• Not available in Quebec – Unfortunately, residents of Quebec won’t be able to apply.
• No rewards for cash advances or balance transfers – Cashback applies only to regular purchases.
• Limited customer service hours – Support isn’t available 24/7.
• Requires a good credit score – Approval may be challenging for those with poor credit.

The biggest downside: not available in Quebec

While this card has many appealing features, one major drawback is its availability. If you live in Quebec, you won’t be able to apply. This limitation can be frustrating for residents looking for a great no-fee card with strong travel benefits. If you’re in Quebec and searching for a similar option, you may need to explore alternatives.

Who can apply for the Home Trust Preferred Visa?

To qualify for this card, you’ll need to meet the following criteria:

• Be a resident of Canada (excluding Quebec)
• Be at least the age of majority in your province
• Have a stable income source
• Maintain a good credit score (typically 660 or higher)
• Provide necessary financial documents if requested

While there’s no strict minimum income requirement publicly stated, approval is more likely if you demonstrate financial stability.

How to apply for the Home Trust Preferred Visa

Applying for this card is simple, and you can do it through multiple channels depending on your preference.

Applying online

• Visit the official Home Trust website.
• Locate the Home Trust Preferred Visa application page.
• Fill in your personal details, including your income and employment information.
• Submit your application and wait for approval.

Applying via the mobile app

• Download the Home Trust mobile app.
• Navigate to the credit card section and select “Apply Now.”
• Follow the prompts to complete your application.
• Receive updates on your application status directly in the app.

Applying in person

While Home Trust doesn’t have physical branches like major banks, you may be able to apply through authorized financial service providers. Contact Home Trust customer service to explore in-person application options.

The Home Trust Preferred Visa is an excellent choice for those who want to maximize their spending power without dealing with annual fees or foreign transaction charges. With unlimited 1% CashBack Rewards, fraud protection, and worldwide acceptance, it’s a solid option for frequent travelers and everyday shoppers alike.

If you’re looking for a credit card that puts more money back in your wallet, this might be the perfect fit. Ready to apply? Visit Home Trust and take advantage of these perks today!

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