François CharronPowered by Milesopedia

Pros & Cons

Pros

  • +Welcome Bonus: $80
  • +Purchase protection included

Cons

  • Foreign Transaction Fee (2.5%)

Our Review

Enjoy generous cash back on your daily purchases with the Laurentian Bank Visa Cashback Card:

  • 2% cash back on Gas and Grocery
  • 2% cash back on Recurring Payments
  • 1% cash back on Everything Else

Receive up to $60 cash back as a welcome bonus:

  • $60 cash back when you spend $1,000 in the first three months

With the Laurentian Bank Visa Cashback* card, you can take advantage of discounts while enjoying your everyday purchases!

Rewards

All Spending

1x

Cash Back pts per dollar

Groceries

2x

Recurring

2x

Gas

2x

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

Groceries2.00%
$700/month
Gas & EV2.00%
$200/month
Transit1.00%
$100/month
Restaurants1.00%
$300/month
Pharmacy1.00%
$50/month
Travel1.00%
$150/month
Bills & recurring payments2.00%
$250/month
Telecom1.00%
$150/month
Entertainment & streaming1.00%
$100/month
Office supplies1.00%
$0/month
All other spending1.00%
$500/month

Cashback earned

$438

$/yr

Estimated Value

$438

After Fees

+$373

1st Year Value

$453

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 2.00%$168
Gas & EV$2,400/yr × 2.00%$48
Transit$1,200/yr × 1.00%$12
Restaurants$3,600/yr × 1.00%$36
Pharmacy$600/yr × 1.00%$6
Travel$1,800/yr × 1.00%$18
Bills & recurring payments$3,000/yr × 2.00%$60
Telecom$1,800/yr × 1.00%$18
Entertainment & streaming$1,200/yr × 1.00%$12
All other spending$6,000/yr × 1.00%$60
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year1.46%
Average earn rate on spend 1st year with welcome bonus1.73%
Total cashback on spend$438
Welcome bonus+$80
  • Earn $80 Cash Back after $1,000 in purchases in 3 months
Total cashback earned$518

Purchase Protection

Purchase Protection

Included

Extended Warranty

+1 year(s)

Interest Rates

  • Purchase Rate
    20.99%
  • Cash Advance
    22.99%
  • Foreign Transaction Fee
    2.5%

Terms & Conditions

Card Features

Use it to earn it

  • 2% cash back on Gas and Grocery
  • 2% cash back on Recurring Payments
  • 1% cash back on Everything Else

Up to $60 cash back as a welcome bonus:

  • $60 cash back when you spend $1,000 in the first three months

Related Cards

Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. François Charron may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Laurentian Bank. All trademarks are property of their respective owners.