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Pros & Cons

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%
$700/month
Gas & EV1.00%
$200/month
Transit0.50%
$100/month
Restaurants0.50%
$300/month
Pharmacy0.50%
$50/month
Travel0.50%
$150/month
Bills & recurring payments1.00%
$250/month
Telecom0.50%
$150/month
Entertainment & streaming0.50%
$100/month
Office supplies0.50%
$0/month
All other spending0.50%
$500/month

Cashback earned

$219

$/yr

Estimated Value

$219

After Fees

+$219

1st Year Value

$259

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 1.00%$84
Gas & EV$2,400/yr × 1.00%$24
Transit$1,200/yr × 0.50%$6
Restaurants$3,600/yr × 0.50%$18
Pharmacy$600/yr × 0.50%$3
Travel$1,800/yr × 0.50%$9
Bills & recurring payments$3,000/yr × 1.00%$30
Telecom$1,800/yr × 0.50%$9
Entertainment & streaming$1,200/yr × 0.50%$6
All other spending$6,000/yr × 0.50%$30
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year0.73%
Average earn rate on spend 1st year with welcome bonus0.86%
Total cashback on spend$219
Welcome bonus+$40
  • Earn $40 Cash Back after $1 in purchases in 3 months
Total cashback earned$259

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. Protégez-vous 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.