US Dollar Credit Cards
US Dollar credit cards, US Dollar credit card reviews and credit card application details.
US dollar credit cards are intended for individual customers and businesses that carry out transactions in US dollars and do not want the currency converted into Canadian dollars immediately. Naturally, all fees, statements, and interest charges are in US dollars. Most big banks in Canada offer US dollar credit cards, among which
CIBC,
Bank of Montreal,
Royal Bank of Canada, and
TD Bank.
Business owners can check the BMO US Dollar MasterCard for Business, featured with an annual fee of $25 USD, interest rate of 19.5 percent, and 21 interest-free days. There is no over limit fee. The card goes with many beneficial features, among which zero dollar liability, purchase protection, optional employee cards, and extended warranty. The liability waiver program that comes with the card ensures that business owners are protected against employee credit card abuse. The credit card is accepted at close to thirty million locations around the globe.
Students who want to have a US dollar
credit card may check the offer of the Royal Bank of Canada. The US Dollar Visa Gold goes with an annual fee of $65 USD, interest rate of 19.99 percent, and $30 USD for additional cards. The minimum credit limit is $1,000. The card is featured with guaranteed hotel reservations, commission-free travellers cheques, Visa payWave, and chip and PIN technology. Card holders earn bonus points, which can be redeemed for RBC Registered Rewards, merchandize, travel, and gift certificates. Emergency travel assistance is available 24/7.
Those who are neither business owners nor students can look into the offers of the Canadian Imperial Bank of Commerce. In fact, the
CIBC US Dollar Visa is suitable for Canadian citizens and small business owners who travel often to the US, as this card saves on fees, charges, and foreign exchange conversions. Likely applicants have a household income of at least $15,000. The card is offered with an annual fee of $35 USD, interest rate of 21.5 percent on convenience cheques, balance transfers, and cash advances, and 19.99 percent on purchases. Up to three additional cards can be requested at no added cost. Emergency card replacement and cash advances of up to $1,000 can be requested as well. Cardholders save up to 20 percent when shopping at AVIS-participating locations globally and enjoy the protection of the Common Carrier Accident Insurance.
TD Canada Trust also offers a US dollar credit card, the
TD U.S. Dollar Visa Card. The card goes with an annual fee of $30 USD, interest rate of 19.99 percent on purchases and a slightly higher rate of 21.5 percent on cash advances. Cardholders pay their accounts in US dollars, are billed in US dollars, and make purchases in the same currency. The card is offered with a number of beneficial features such as delayed and lost baggage insurance, emergency travel assistance services, common carrier travel accident insurance, and trip interruption insurance. Optional services and features include personal banking services, travel medical insurance, the Power of Visa, and more.