Conexus Cashback Mastercard: how to apply for your card
Enjoy cashback rewards and the financial flexibility you need
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The Conexus Cash Back Mastercard® is a credit card that offers competitive rewards on eligible everyday purchases, with fees and rates clearly outlined in the official Collabria disclosure and cardholder agreement.
It is offered to Canadians through Conexus Credit Union, while the credit card program and its premium benefits are provided directly through Collabria Financial Services.
Who is the Conexus Cash Back Mastercard® for?
The Conexus Cash Back Mastercard® perfectly suits Canadians who want a straightforward rewards card for everyday spending, such as groceries, gas, subscriptions, and recurring bills, maximizing returns on essential household costs.
This Cash Back Card is listed with a $0 annual fee, meaning there is absolutely no yearly charge just to keep the account open, making it an excellent long-term financial tool.
This card is highly recommended for people who plan to pay their statement in full on time. If you pay your entire balance by the due date, interest is not charged on purchases during the 21-day grace period. If you carry a balance, a standard 20.99% interest rate applies.
If you frequently shop internationally or online in another currency, it is also useful to understand that a standard 2.5% foreign currency conversion fee applies to your final total.
As with any financial product, approval is strictly subject to a credit assessment by Canadian credit bureaus, and decisions will depend on your credit score and income profile.
Benefits of the Conexus Cash Back Mastercard®
This credit card includes premium core features that many Canadians look for in a no-fee rewards card:
- Accelerated Rewards: Earn 1 Flex Rewards point per $1 spent on groceries, gas, transit, recurring bills, and streaming, plus 0.5 points on all other purchases;
- No Annual Fee: The annual fee for the Cash Back Card is permanently listed as $0 CAD for both primary and supplementary cards;
- Valuable Insurance Included: Enjoy complimentary Mobile Device Insurance (up to $1,000 CAD), Purchase Protection (90 days), and Extended Warranty (up to 12 months);
- Interest-Free Grace Period: If you pay your full balance by the due date, you avoid all purchase interest for that billing cycle.
Conexus Cash Back Mastercard®: Fees and charges
Understanding the cost of borrowing is essential before applying. The Conexus Cash Back Mastercard® operates with full transparency regarding its rates.
For this specific Conexus Cash Back Mastercard®, the annual fee is permanently listed as $0 CAD.
The information below is sourced directly from the official Collabria disclosure document. It states the exact charges, fees, and pricing that will apply to your account, ensuring no hidden costs.
The annual interest rate for purchases on the Cash Back Card is 20.99%. The annual interest rate for cash advances is 22.99%. The disclosure clearly states that interest on cash advances and balance transfers begins immediately on the transaction date, with no grace period.
- Foreign Transaction Fees: A 2.5% mark-up is added to the exchange rate for any transactions made in non-Canadian currencies;
- Late Payment Fee: A penalty fee of $20.00 CAD applies if the minimum payment is missed;
- Returned Payment Fee: An NSF fee of $45.00 CAD applies if your payment cheque bounces;
- Overlimit & Cash Advance Fees: An overlimit fee of $35.00 CAD and a cash advance fee of $5.00 CAD also apply based on account usage.
*Rates and fees were updated based on the issuer’s official website as of March 6, 2026.*
Credit card requirements
To apply, you need to complete a secure application and undergo a strict credit assessment. Approval depends entirely on the issuer’s review of your Canadian credit profile and is not guaranteed.
You will be asked for personal details, Canadian residency status, and income verification. The review carefully considers your credit history and current debt-to-income ratio to ensure responsible lending.
How to apply?
To apply for the card, start securely on the official Conexus Credit Union website or visit a local branch in Saskatchewan.
You will be asked for details such as your name, address, Social Insurance Number (SIN – optional but recommended), and income information. After submission, Collabria reviews the file through a hard credit check.
If your application is approved, the card is issued and securely mailed to your address. You can activate it using the instructions provided or via the online portal.
Before completing the application, ensure you have read the disclosure statement detailing balance transfer fees (up to 5%) and other account conditions to avoid surprises.
Opinion about the card
The Conexus Cash Back Mastercard® is an exceptionally practical option for Canadians who want solid rewards on eligible everyday purchases without paying any yearly fees.
At the same time, it is vital to understand the costs. Carrying a balance will trigger a 20.99% interest rate, and foreign currency conversion or missed payments will add substantial fees to your statement.
If you plan to use the card responsibly and pay your balance in full each month, the included mobile device insurance and simple cash back rewards make this one of the best no-fee credit cards available in the region.
Click the button below to be redirected to the official website securely to apply for the Conexus Cash Back Mastercard®.
*You will be redirected to the official website*
Legal Disclaimer: This website is independent and purely informational. We do not guarantee credit approval or card issuance, which are subject solely to the risk analysis of Collabria Financial Services and Conexus Credit Union. Finvyu Editorial Team.
