Ratesopedia

Pros

  • Welcome Bonus: $40
  • Purchase protection included
  • No annual fee

Cons

  • Foreign Transaction Fee (2.5%)

Our Review

With the Laurentian Bank My Reward Visa* Card, you can earn up to $20 in points as a welcome bonus:

  • 2,000 points when you activate your card, make your first purchase and set up a pre-authorized payment within the first three months

With the Laurentian Bank Reward Me Visa* Card, you earn 1 point per dollar on gas, groceries and recurring payments. And 0.5 points on everything else.

Rewards

All Spending

0.5x

Cash Back pts per dollar

Groceries

1x

Recurring

1x

Gas

1x

Credit Card Rewards Calculator

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

Groceries1.00%
$400/month
Recurring1.00%
$300/month
Gas1.00%
$300/month
Restaurants0.50%
$160/month
All other spending0.50%
$700/month

Cashback earned

$172

$/yr

Estimated Value

$172

After Fees

+$172

1st Year Value

$212

incl. welcome bonus

Annual rewards breakdown

Groceries$4,800/yr × 1.00%$48
Recurring$3,600/yr × 1.00%$36
Gas$3,600/yr × 1.00%$36
Restaurants$1,920/yr × 0.50%$10
All other spending$8,400/yr × 0.50%$42
Total annual spend$22,320
Monthly spend$1,860
Average earn rate0.77%
Total cashback earned$172

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

  • 1 point on Gas and Grocery
  • 1 point on Recurring Payments
  • 0.5 point on everything else

Earn up to $20 in points

  • Earn up to 2,000 bonus points when you make your first purchase within the first three months and set up a pre-authorized payment.

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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. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Banque Laurentienne. All trademarks are property of their respective owners.