 Hello everyone, this is financial author Ahmed Dan of ameddan.com On this channel you'll find financial travel and more videos just like the one you're watching right now If you like what you see, please give it a thumbs up and consider subscribing Hello everyone This is Ahmed Dan of ameddan.com on this channel. You'll find financial travel and more videos Just like the one you're watching right now If you like what you should please give it a thumbs up and consider subscribing and also share this video Today I have another episode of trade card or travel trade cards review for you and I'm going to have the same review on my website AmitDawn.com as well and I'd like to mention that the review I do they're totally unbiased and honest because I do not provide any affiliated links on my site or on YouTube channel and I do not make money or take except money from any trade card companies so the review you're going to be watching are totally honest true and to the point. I'm in downtown Toronto the temperature is about 30 degrees Celsius and the wind is 4 miles per hour and with the humidity 65% so it's a pleasant summer weather but it's a cloudy day. So the Meridian Visa Infinite travel viewers trade card is a new trade card on the Canadian market and this is a travel viewers trade card that lets you earn viewers point for every dollar you have spent and the point of structure is you earn 1.5 points per dollar for everything except foreign transactions where you earn three points per dollar. So the foreign transaction part I'm going to talk about this later on and then the annual fee is $99 however the first year is waived and or the income requirement for this card is $60,000 personal income and $100,000 household income. This is a Visa Infinite series card that's why the income requirement level is high. There's no anniversary bonus for this card so you'll not get anything any bonus every year if you renew the card and the first year annual fee is waived. So now I'm going to talk about the features and benefits provided by this card and I'm going to use my notes on my cell phone so I don't miss out anything. So this is a Visa Infinite series card so you get Visa Infinite concierge 24-7 and then you have emergency medical insurance which is up to $5 million. For the age breakdown please see on the screen or on my website where I will provide that and then it has travel accident insurance it has auto rental theft and collision collision damage insurance and it has trip cancellation insurance trip interruption insurance and lost and delayed luggage insurance and purchase security insurance for 90 days and mobile device insurance. So what's missing is the hotel motel burglary insurance. The Meridian Visa Infinite credit card is a new entrant on the Canadian credit card market. The point structure or viewers structure for this card is not that good because you earn 1.5 points per dollar spent however on foreign transactions you earn 3 points per dollar which I would say a good structure because good viewers because most Canadian credit cards charge 2.5% foreign transaction fee earning 3% on foreign transactions would offset the 2.5% foreign transaction fees and you're ahead with half percent rewards. However if you'd like to know more about the credit cards that do not charge any foreign transaction fee just click the link provided on this video and I have another video on those credit cards that do not charge any foreign transaction fees for Canadians. The interesting twist of this credit card it's insurance for only $99 per year it offers rich travel insurance for example the emergency medical insurance is longer than most other Canadian credit cards and also the age limit is higher than most other Canadian credit cards which is up to 75 years of old. You pay careful attention to the insurance providers you see that there are two insurance providers working together for this card. For the travel segment insurance such as emergency medical trip cancellation trip interruption etc the insurance provider is desert and financial and the other segment of the insurance such as extended warranty, auto rental theft and collision purchase security, mobile device protection etc. For these the insurance company is American Bankers Insurance Company of Florida. If you look at many other popular travel credit cards in Canada such as the Scotia Gold MX credit card or the Capital One Aspire World Elite credit card the insurance provider is American Bankers in Insurance Company of Florida and there are lots of negative reviews and numerous complaints about this insurance company when it comes to processing claims. So the good thing is for the travel segment portion of the Meridian Visa Infinite credit card the insurance provider is not American Bankers Insurance Company of Florida so any credit cards that provide travel insurance where the insurance provider is American Bankers Insurance Company of Florida I would stay away from these cards because I don't want to go through the hassle and pain of claiming insurance when the time comes and due to the bad reviews or negative comments I found out online. So the good thing is that for the travel segment the deserting financial is the insurance provider for the Meridian Visa Infinite credit card and not the American Bankers Insurance Company of Florida. Now it all comes up to your decision-making whether you'd like to have this card for your travel insurance needs. I'm not familiar with deserting financial as the insurance provider and I do not know how are they when the time comes to processing claims. So if you're comfortable after doing all your research that how this insurance company is then definitely this is a good card to have for your travel insurance needs. Peer up the Meridian Visa Infinite credit card should not be your main credit card to maximize your reverse on your dollar spent because the real structure or the points it's giving you per dollar spent is poor which is 1.5 points per dollar. However the insurance segment is very good especially the travel insurance part where deserting financial is the insurance provider and if you're comfortable with the deserting financial as your insurance provider then definitely this is a card you should go with. As of this recording I do not hold this card. Thank you for watching. If you like what you see please give it a thumbs up and there will be more video coming up. So keep an eye and consider subscribing. Thank you.