Find the Best Credit Cards Canada Has to Offer

What is the best credit card for you? We can help you decide.

Looking for the best credit cards in Canada? Whether you want cash back, rewards, miles, low interest or no annual fee, we we make it easy to find a great option for your next credit card. We examine and evaluate all the lenders we work with to find you the best offerings on the market, no matter what you value in a card.
Advertiser DisclosureThe offers that appear on this site are from companies from which Bonsaifinance receives compensation. While our site does not include all available financial or credit offers, we’re proud that the guidance we offer and the information we provide are objective, independent and free. Reasonable efforts are made to maintain accurate information. However, all credit card information is presented without warranty. When you click on the " Request Now " button you can review the credit card terms and conditions on the credit card issuer's web site.

What is the best credit card?

  • American Express Essential™ Credit Card

    American Express Essential™ Credit Card
    IssuerAmerican Express
    • Enjoy a low 8.99% interest rate on purchases.
    • Have the flexibility to pay your balance in full or over time.
    • Optional Balance Transfer Offer – Enjoy a 1.99% interest in first 6 months of Cardmembership if you choose to transfer your other credit card balances to this American Express card.
    • Balance Transfer option is only available at time of online application. There is no balance transfer fee at time of application.
    • Access to memorable experiences with American Express Invites™.
    • Shopping coverage and 24/7 Customer Service.
    • No annual fee for additional card.
    • Missed payment applicable rates, 23.99% on purchases and 26.99% on funds advances.
    • Features and Benefits: purchase protection and extended warranty. Travel accident insurance.
    *American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information and Terms and Conditions, click the Apply now link. Conditions apply.   Show more
    IssuerAmerican Express
    Regular APRAnnual FeeCredit RecommendedOur take
    8,99% No annual fee GoodNo fee card with the lowest interest rate available plus introductory balance transfer rates
    Regular APR8,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeNo fee card with the lowest interest rate available plus introductory balance transfer rates
  • Blue Sky® Credit Card

    Blue Sky® Credit Card
    Issuer American Express
    • New Blue Sky® Credit Card Cardmembers, earn 10,000 Blue Sky® Points after you charge $500 in purchases to your Card in your first three months of Cardmembership.
    • Earn 1.25 Blue Sky Points for every $1 in purchases charged to the Card.
    • You can start redeeming with as little as 10,000 points towards any travel purchase charged to your Card.
    • Enjoy the convenience of no blackout dates, no advance purchase requirements, no seat restrictions and no travel restrictions.
    • $100,000 Travel Accident Insurance.
    • You can use Apple Pay on your eligible device to pay for goods and services at participating American Express contactless merchants.
    • No annual fee for additional card.
    • Missed payment applicable rates, 23.99% on purchases and 26.99% on funds advances.
    • Features and Benefits: Travel accident insurance.
    *American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.   Show more
    Issuer American Express
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee GoodNo fee travel card with flexible points program and extra bonuses
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeNo fee travel card with flexible points program and extra bonuses
  • BMO CashBack® Business Mastercard®

    Issuer BMO Bank of Montreal
    • Welcome Offer: Get 6% cash back on gas, office supplies and cell phone/internet bills for 4 months.
    • Get 1.5% cash back on eligible gas stations, office supplies purchases and on yourcell phone and internet recurring payments.
    • 1.75% cash back at Shell®.
    • 0.75% cash back on all other card purchases.
    • 25 payment grace days.
    • Optional Employee Cards - empower employees with delegated purchasing authority.
    • Use your card at Costco locations across Canada.
    • Our Liability Waiver Program protects your business against employee card abuse.
    • Get cash advances at any BMO Bank of Montreal branch or at more than 1 million ATMs worldwide.
      *Terms Apply. Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee GoodNo fee card with increased cash back on everyday business expenses
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeNo fee card with increased cash back on everyday business expenses
  • BMO SPC®** AIR MILES®† MasterCard®*

    Issuer BMO Bank of Montreal
    • Plus get double the Miles on every purchase at participating AIR MILES Partners.
    • Get 1 reward mile for every $20 in credit card purchases.
    • No Annual fee.
    • Extended Warranty.
    • Purchase Protection.
    • SPC discounts (Student Price Card Ltd.) of 10% to 15% at hundreds of your favourite stores.
      *Terms Apply. Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee No CreditNo fee card with free SPC membership and exclusive deals and event access
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedNo Credit
    Our takeNo fee card with free SPC membership and exclusive deals and event access
  • BMO® AIR MILES® † Business® Mastercard®

    BMO® AIR MILES® † Business® Mastercard®
    Issuer BMO Bank of Montreal
    • Welcome Offer: No annual fee for the first year.
    • Get up to 3,000 AIR MILES Bonus Miles plus a Companion Flight rebate.
    • Earn 1 AIR MILES Reward Mile on every $10 you spend.
    • Plus – earn 1.25X the Miles when you use your card at participating Shell stations.
    • 25 payment grace days.
    • Optional Employee Cards - empower employees with delegated purchasing authority.
    • Use your card at Costco locations across Canada.
    • Travel Protection.
    • Our Liability Waiver Program protects your business against employee card abuse.
    • Get cash advances at any BMO Bank of Montreal branch or at more than 1 million ATMs worldwide.
    • Worldwide Acceptance.
    *Terms and conditions apply   Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee GoodOne of the highest AIR MILES earn rates and sign-up bonuses, tailored for business spenders
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeOne of the highest AIR MILES earn rates and sign-up bonuses, tailored for business spenders
  • BMO® Preferred Rate Mastercard®

    BMO® Preferred Rate Mastercard®
    Issuer BMO Bank of Montreal
    • Welcome Offer: Get a 3.99% introductory interest rate on Balance Transfers for 9 months*, 1% fee applies to balance amounts transferred.
    • Enjoy our lowest interest rate of 11.9+% on purchases and cash advances.
    • Free extended warranty and purchase protection.
    • Zero Dollar Liability: protects you from unauthorized use of your credit card.
    • Worldwide acceptance at over 30 million locations.
    • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
    • Features and Benefits: Purchase protection and extended warranty.
    *Terms and conditions apply   Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    11,90% $20,00 GoodLow annual fee card with permanent low interest rate and introductory balance transfer rates
    Regular APR11,90%
    Annual Fee $20,00
    Credit RecommendedGood
    Our takeLow annual fee card with permanent low interest rate and introductory balance transfer rates
  • BMO® World Elite™ Mastercard®

    BMO® World Elite™ Mastercard®
    Issuer BMO Bank of Montreal
    • Welcome Offer: Get 35,000 welcome points (after you spend $3,000 in the first 3 months).
    • Get 3 BMO Rewards points for every $1 spent on travel, dining and entertainment purchases.
    • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access, plus four annual complimentary passes.
    • Get 2 points for every $1 spent everywhere else.
    • Points you can use to cover all flight charges & taxes.
    • Fly on any airline, with no blackout dates.
    • Best-in-class travel and medical insurance (unlimited trips per year).
    • BMO Concierge Service.
    • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
    • Features and Benefits: Purchase protection and extended warranty. Baggage insurance. Flight delay insurance. Rental vehicle insurance. Travel medical insurance Trip interruption or cancellation insurance. Travel accident insurance.
    *Terms and conditions apply   Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% $150,00 ExcellentPremium travel card with heafty sign-up bonus and flexible travel rewards program
    Regular APR19,99%
    Annual Fee $150,00
    Credit RecommendedExcellent
    Our takePremium travel card with heafty sign-up bonus and flexible travel rewards program
  • BMO®* CashBack Mastercard®

    Issuer BMO Bank of Montreal
    • Welcome offer: Get up to 4% cash back on every purchase in your first 4 months and a 1.99% introductory interest rate on Balance Transfers for 9 months, 1% fee applies to balance amounts transferred.
    • Get 1% cash back on all other card purchases without restrictions.
    • No annual fee.
    • Receive a discount on car rentals.
    • Extended Warranty.
    • Purchase Protection.
    • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
    • Features and Benefits: purchase protection and extended warranty.
    *Terms and conditions apply   Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99%No Annual FeeGoodNo fee card with excellent introductory cash back and interest rates
    Regular APR19,99%
    Annual FeeNo Annual Fee
    Credit RecommendedGood
    Our takeNo fee card with excellent introductory cash back and interest rates
  • BMO®* Rewards Mastercard®

    Issuer BMO Bank of Montreal
    • Welcome offer: Get up to 20,000 BMO Rewards welcome points and a 1.99% introductory interest rate on Balance Transfers for 9 months, 1% fee applies to balance amounts transferred.
    • Get 1 BMO Rewards point for every $1 spent.
    • Earn faster with additional cardholders.
    • Get up to 25% off car rentals at National®#† Car Rental and Alamo®*‡ Rent A Car locations worldwide.
    • Extended Warranty.
    • Purchase Protection.
    • Zero Dollar Liability: protects you from unauthorized use of your credit card.
    • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
    • Features and Benefits: purchase protection and extended warranty.
    *Terms and conditions apply   Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99%No Annual FeeGoodNo fee card with valuable sign-up bonus and flexible rewards program
    Regular APR19,99%
    Annual FeeNo Annual Fee
    Credit RecommendedGood
    Our takeNo fee card with valuable sign-up bonus and flexible rewards program
  • CIBC Air Canada® AC conversion™ Visa* Prepaid Card

    Issuer CIBC
    • It's not a credit card. It's an easy-to-use, secure place to carry up to 10 currencies on one card - and pay like a local in 45 countries.
    • $0: The card is free to buy.
    • Multi-Currency: Load up and hold up to 10 different currencies on the same card. When abroad, the card intelligently pays with the correct currency based on your destination.
    • Reloadable: Reload the card anytime through the web or through the AC conversion mobile app. Funds show up on the card instantly so you can top up your card 24/7.
    • Safety: With CHIP and PIN security the AC conversion card provides a convenient payment method that is not linked to your primary bank account.
      *Terms Apply. Show more
    Issuer CIBC
    Regular APRAnnual FeeCredit RecommendedOur take
    0,00% No annual fee No CreditGuaranteed approval card with convenient way to store multiple currencies on one card
    Regular APR0,00%
    Annual Fee No annual fee
    Credit RecommendedNo Credit
    Our takeGuaranteed approval card with convenient way to store multiple currencies on one card
  • Harley-Davidson® Mastercard® credit card

    Harley-Davidson® Mastercard® credit card
    Issuer MBNA
    • You could get a 1.99% promotional annual interest rate (“AIR”)† for 10 months on balance transfers✪ [completed within 90 days of account opening], with a fee of 1% of the amount advanced (minimum fee of $7.50).
    • Earn 1 Genuine Rewards Point or every $2 in eligible purchases.
    • Redeem your points for Harley Chrome® Cash‡ to be used at participating Harley-Davidson Canadian retailers.
    • Use your card for eligible purchases and you may be entered in a quarterly Harley-Davidson motorcycle draw.
    • No annual fee.
    *Terms and conditions apply   Show more
    Issuer MBNA
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee GoodThe card for Harley Davidson fans lets you build points and participate in quarterly sweepstakes
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeThe card for Harley Davidson fans lets you build points and participate in quarterly sweepstakes
  • Home Trust Secured Visa Card

    Issuer Home Trust Company
    • Build or re-build your credit, even if you've had credit difficulties in the past, or have never had a credit card before!
    • An excellent opportunity to establish your credit rating.
    • Virtually everyone is approved.
    • Make purchases over the phone or online.
    • Plan and book a vacation.
    • Access cash anytime, anywhere from over 1 million ATMs around the world displaying the Visa or Plus logo.
    • Shop at over 24 million locations worldwide.
    • Choose between a monthly fee of $5 or an annual fee of $59.
      *Terms Apply. Show more
    Issuer Home Trust Company
    Regular APRAnnual FeeCredit RecommendedOur take
    14,90% $59,00 No creditGuaranteed approval card that helps rebuild your credit through monthly credit union reporting
    Regular APR14,90%
    Annual Fee $59,00
    Credit RecommendedNo credit
    Our takeGuaranteed approval card that helps rebuild your credit through monthly credit union reporting
  • MBNA Rewards Platinum Plus® Mastercard®

    Issuer MBNA
    • Accelerate rewards points on common purchases!
    • No annual fee.
    • 1 point‡ for every $1 in eligible purchases.
    • 2 points‡ for every $1 spent on eligible gas, groceries and restaurant purchases ($5,000 annual cap on each category).
    • Receive 2,500 bonus points†† after your first eligible purchase within the first 90 days of account opening.
    • Receive 2,500 bonus points†† once enrolled for e-statements within the first 90 days of account opening.
    • Redeem points‡ for travel, brand-name merchandise, gift cards from participating retailers, cash back, and charitable donations.
    • Standard Annual Interest Rates of 19.99% on eligible purchases, 22.99% on balance transfers✪ and access cheques, and 24.99% on cash advances.
    • A suite of comprehensive insurance.
    • Take advantage of an everyday rewards card with no annual fee. Apply now for the MBNA Rewards® credit card.
    • Features and Benefits: purchase protection and extended warranty. Rental vehicle insurance.
    *Terms and conditions apply   Show more
    Issuer MBNA
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99%No Annual FeeGoodNo annual fee card with excellent bonus and everyday points offering
    Regular APR19,99%
    Annual FeeNo Annual Fee
    Credit RecommendedGood
    Our takeNo annual fee card with excellent bonus and everyday points offering
  • MBNA Smart Cash® World Mastercard®

    Issuer MBNA
    • Accelerate cash back on common purchases!
    • Get 5% Cash Back†† on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500).
    • Get 2% Cash Back‡ on eligible gas and grocery purchases thereafter (until the total gas and grocery purchases in the applicable month reaches $500).
    • Get 1% Cash Back‡ for all other eligible purchases.
    • $39 annual fee.
    • Standard Annual Interest Rates of 19.99% on eligible purchases, 22.99% on balance transfers✪ and access cheques, and 24.99% on cash advances.
    • A suite of comprehensive insurance.
    • Your personal annual income must be greater than $60,000, or your household annual income must be $100,000 or greater††††
    • Take advantage of a card that provides Cash Back on eligible purchases. Apply now for the Smart Cash® World credit card.
    • Features and Benefits: purchase protection and extended warranty. Rental vehicle insurance.
    *Terms and conditions apply   Show more
    Issuer MBNA
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99%$ 39,00GoodLow annual fee card with great cash back benefits, insurance, and concierge service
    Regular APR19,99%
    Annual Fee$ 39,00
    Credit RecommendedGood
    Our takeLow annual fee card with great cash back benefits, insurance, and concierge service
  • Meridian™Visa* Cash Back Card

    Issuer Meridian Credit Union
    • Earn 1% cash back on gas, grocery and pharmacy store purchases and utility bill payments.
    • Earn 0.5% cash back on all other eligible purchases.
    • Redeem at any time for cash back or merchandise.
    • Free additional cards.
    • Purchase protection and extended warranty.
    • Travel accident insurance.
    • Mobile device insurance.
    • Global Customer Service
    • Price Protection.
    • Zero Liability.
    • Features and Benefits: Purchase protection and extended warranty. Travel accident insurance.
      *Terms Apply. Show more
    Issuer Meridian Credit Union
    Regular APRAnnual FeeCredit RecommendedOur take
    19,50% No annual fee AverageNo fee card with cash back or credits for everyday purchases
    Regular APR19,50%
    Annual Fee No annual fee
    Credit RecommendedAverage
    Our takeNo fee card with cash back or credits for everyday purchases
  • No Fee Home Trust Secured Visa Card

    Issuer Home Trust Company
    • Build or re-build your credit, even if you've had credit difficulties in the past, or have never had a credit card before!
    • An excellent opportunity to establish your credit rating.
    • Virtually everyone is approved.
    • Make purchases over the phone or online.
    • Plan and book a vacation.
    • Access cash anytime, anywhere from over 1 million ATMs around the world displaying the Visa or Plus logo.
    • Shop at over 24 million locations worldwide.
      *Terms Apply. Show more
    Issuer Home Trust Company
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee No creditGuaranteed approval card with low interest rate and low annual fee
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedNo credit
    Our takeGuaranteed approval card with low interest rate and low annual fee
  • President’s Choice Financial® World Mastercard®

    Issuer President's Choice
    • Earn 20 PC Optimum points6 for every $1 spent at Shoppers Drug Mart®. In addition to the base 15 points all PC Optimum members earn.
    • Bonus of 2 cents per litre in PC Optimum points at Esso stations.
    • Earn 20 PC Optimum points for every $1 spent in Loblaw banner stores and travel services at pctravel.ca.
    • Earn 10 PC Optimum points for every $1 spent everywhere else.
    • New cardholders enjoy a low balance transfer rate of 0.97% for 6 months.
    • NO annual fee.
    • Receive Free Social Security number alerts— Discover will monitor thousands of risky websites when you sign up.
    • No Annual Fee.
    • Features and Benefits: Purchase protection and extended warranty
    Please note: a minimum annual personal income of $60,000 or household income of $100,000 or a minimum spend of $15,000 per year is required for this card. If you do not meet the minimum income requirements for the President's Choice Financial World Mastercard®, your application will be considered for the standard President's Choice Financial Mastercard®.   *Terms Apply. Show more
    Issuer President's Choice
    Regular APRAnnual FeeCredit RecommendedOur take
    19,97% No annual fee AverageDouble points value for frequent PC buyers, and no annual fee
    Regular APR19,97%
    Annual Fee No annual fee
    Credit RecommendedAverage
    Our takeDouble points value for frequent PC buyers, and no annual fee
  • President’s Choice Financial® Mastercard®

    Issuer President's Choice
    • Earn 10 PC Optimum points6 for every $1 spent at Shoppers Drug Mart®, in addition to the base 15 points all PC Optimum members earn
    • Earn 10 PC Optimum points for every $1 spent, everywhere you shop
    • New cardholders enjoy a low balance transfer rate of 0.97% for 6 months5
    • NO annual fee
    • Features and Benefits Purchase protection and extended warranty
      *Terms Apply. Show more
    Issuer President's Choice
    Annual FeeCredit RecommendedOur take
    No annual fee GoodBasic rewards card for PC buyers, with no annual fee
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeBasic rewards card for PC buyers, with no annual fee
  • President’s Choice Financial® World Elite Mastercard®

    Issuer President's Choice
    • Earn 30 PC Optimum points6 for every $1 spent at Shoppers Drug Mart®, in addition to the base 15 points all PC Optimum members earn
    • Bonus of up to 3 cents per litre in PC Optimum points at Esso stations3
    • Earn 30 PC Optimum points for every $1 spent in Loblaw banner stores2 and travel services at pctravel.ca5
    • Earn 10 PC Optimum points for every $1 spent everywhere else
    • New cardholders enjoy a low balance transfer rate of 0.97% for 6 months7
    • NO annual fee
      *Terms Apply. Show more
    Issuer President's Choice
    Regular APRAnnual FeeCredit RecommendedOur take
    19,97% No annual fee GoodTriple points value for high PC spenders, with no annual fee
    Regular APR19,97%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeTriple points value for high PC spenders, with no annual fee
  • Scotia Momentum® Visa Infinite* Card

    Scotia Momentum® Visa Infinite* Card
    Issuer Scotiabank
    • Earn 10% cash back on everyday purchases for the first 3 months (up to $200).◊ Plus, your first year annual fee waived * A value of up to $299 in the first year.†
    • 4% on eligible gas station and grocery store purchases
    • 2% on eligible drug store purchases and recurring bill payments
    • 1% cash back on all other eligible everyday purchases
    • Rates, fees and other information are effective as of March 1, 2019. Subject to change.
    • Features and Benefits: Purchase protection and extended warranty. Baggage insurance. Flight delay insurance. Rental vehicle insurance. Travel medical insurance. Trip interruption or cancellation insurance. Travel accident insurance. Avis Rental Car Discount.
    *Terms and conditions apply   Show more
    Issuer Scotiabank
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee ExcellentThe best cash back card for heavy gas and grocery spenders
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedExcellent
    Our takeThe best cash back card for heavy gas and grocery spenders
  • Scotia Momentum® VISA* Card

    Scotia Momentum® VISA* Card
    Issuer Scotiabank
    • 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39.
    • Cash back with low annual fee.
    • 2% on eligible gas station, grocery store and drug store purchases and recurring bill payments.
    • 1% cash back on all other eligible everyday purchases.
    • Rates, fees and other information are effective as of February 1, 2018. Subject to change.
    • Features and Benefits: Purchase protection and extended warranty. Avis Rental Car Discount.
    *Terms and conditions apply   Show more
    Issuer Scotiabank
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% $39,00 GoodLow annual fee card with double cash back on everyday essentials
    Regular APR19,99%
    Annual Fee $39,00
    Credit RecommendedGood
    Our takeLow annual fee card with double cash back on everyday essentials
  • Scotiabank Passport® Visa Infinite* Card

    Issuer Scotiabank
    • Earn 25,000 bonus points with your first $1,000 in everyday purchases in the first 3 months†
    • Earn 2x Scotia Rewards® points on every $1 you spend on eligible grocery stores, dining, entertainment purchases and daily transit purchases (including buses, subways, taxis and more).
    • Enjoy no FX Mark-up.
    • Enjoy Complimentary Airport Lounge Access, plus 6 free lounge visits per year.
    • Rates, fees and other information are effective as of April 1, 2018. Subject to change.
    • Features and Benefits: baggage insurance. Rental vehicle insurance. Travel accident insurance.
    *Terms and conditions apply   Show more
    Issuer Scotiabank
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% $139,00ExcellentPerfect for travellers with valuable rewards, premium perks, and no foreign currency transaction fees
    Regular APR19,99%
    Annual Fee $139,00
    Credit RecommendedExcellent
    Our takePerfect for travellers with valuable rewards, premium perks, and no foreign currency transaction fees
  • Scotiabank Value® VISA* Card

    Scotiabank Value® VISA* Card
    Issuer Scotiabank
    • 0.99% introductory interest rate on balance transfers for the first 6 months (12.99% after that; annual fee $29)†
    • Save hundreds of dollars in interest a year.
    • Low 11.99% interest rate.
    • Pay down balances faster.
    • Simplify your monthly payments.
    • Rates, fees and other information are effective as of February 1, 2018. Subject to change.
    • Features and Benefits: Purchase protection and extended warranty. Avis Rental Car Discount.
    *Terms and conditions apply   Show more
    Issuer Scotiabank
    Regular APRAnnual FeeCredit RecommendedOur take
    11,99% $29,00 GoodLow annual fee, low interest card allows you to consolidate your balances and make purchases worry-free
    Regular APR11,99%
    Annual Fee $29,00
    Credit RecommendedGood
    Our takeLow annual fee, low interest card allows you to consolidate your balances and make purchases worry-free
  • Scotiabank®* American Express® Card

    Scotiabank®* American Express® Card
    Issuer Scotiabank
    • Earn 5,000 bonus points with your first $500 in everyday purchases in first 3 months†
    • Earn one Scotia Rewards point on all eligible everyday purchases.
    • Flexible Point Redemption.
    • Rates, fees and other information are effective as of February 1, 2018. Subject to change.
    • Features and Benefits: Purchase protection and extended warranty. Baggage insurance. Flight delay insurance. Rental vehicle insurance. Travel medical insurance. Trip interruption or cancellation insurance. Travel accident insurance.
    *Terms and conditions apply   Show more
    Issuer Scotiabank
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee GoodNo annual fee card with valuable travel perks like a full service agent
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeNo annual fee card with valuable travel perks like a full service agent
  • Scotiabank®* Gold American Express® Card

    Scotiabank®* Gold American Express® Card
    Issuer Scotiabank
    • Earn 15,000 bonus points with your first $1000 in everyday purchases in the first 3 months†
    • Earn 4x Scotia Rewards points for every $1 you spend at eligible gas stations, grocery stores, on dining and entertainment
    • Earn one point on all other eligible everyday purchases
    • Complimentary Concierge Services 24/7
    • Rates, fees and other information are effective as of March 1, 2018. Subject to change.
    • Features and Benefits: Purchase protection and extended warranty. Baggage insurance. Flight delay insurance. Rental vehicle insurance. Travel medical insurance. Trip interruption or cancellation insurance. Travel accident insurance.
    † To be eligible for the 15,000 bonus points offer (this "Offer"), you must have at least $1000 in net purchases (purchases less returns or similar credits) posted to your Scotiabank credit card account ("Account") in the first 3 months from the Account open date. The bonus points will appear as an adjustment on your Account statement within 2 statement cycles after the third billing cycle has passed provided the Account is open and in good standing. Offer applies to a new Account only opened by October 31, 2018 (the "Offer End Date"). Former or current Scotiabank credit cardholders that transfer from an existing Scotiabank credit card account or re-open a closed Scotiabank credit card account are excluded from this Offer. Offer may be changed or extended and cannot be combined with any other offer.   Show more
    Issuer Scotiabank
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% $99,00 GoodEarn up to 4 points per $1, allowing you to earn travel rewards faster
    Regular APR19,99%
    Annual Fee $99,00
    Credit RecommendedGood
    Our takeEarn up to 4 points per $1, allowing you to earn travel rewards faster
  • Shell AIR MILES®† MasterCard®* from BMO

    Issuer BMO Bank of Montreal
    • New! Always get 2x the miles at participating AIR MILES Partners. That’s 2 Miles for every $20 you spend using your Shell AIR MILES MasterCard from BMO.
    • 1 Mile for every $20 in card purchases everywhere else.
    • No Annual Fee.
    • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information
    • Features and Benefits: Purchase protection and extended warranty. Avis Rental Car Discount.
      *Terms Apply. Show more
    Issuer BMO Bank of Montreal
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee GoodNo fee card for loyal Shell customers
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeNo fee card for loyal Shell customers
  • The American Express® AIR MILES® Credit Card

    The American Express® AIR MILES® Credit Card
    Issuer American Express
    • New American Express® AIR MILES® Credit Card Cardmembers, earn a Welcome Bonus of 500 AIR MILES® Reward Miles when you charge a total of $500 in purchases to your Card within your first three months of Cardmembership.
    • Earn 1 reward mile for every $15 in Card purchases at AIR MILES® Sponsors.
    • Earn 1 reward mile for every $20 in Card purchases you charge to the Card everywhere else.
    • Shop at participating AIR MILES Sponsors across Canada with your Card and show your AIR MILES®* Collector Card, and you can earn reward miles twice.
    • Redeem for a wide range of rewards - everything from electronics to travel and more.
    • Optional Balance Transfer Offer – Enjoy a 1.99% interest in first 6 months of Cardmembership if you choose to transfer your other credit card balances to this American Express card.
    • Balance Transfer option is only available at time of online application. There is no balance transfer fee at time of application.
    • No annual fee for Additional cards.
    • Missed payment applicable rates, 23.99% on purchases and 26.99% on funds advances.
    • Features and Benefits: travel accident insurance.
    *American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.   Show more
    Issuer American Express
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% No annual fee GoodNo fee card with solid AIR MILES earning program and other travel benefits
    Regular APR19,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeNo fee card with solid AIR MILES earning program and other travel benefits
  • The Starwood Preferred Guest®* Credit Card from American Express

    The Starwood Preferred Guest®* Credit Card from American Express
    Issuer American Express
    • New Starwood Preferred Guest®* Credit Card from American Express Cardmembers, earn 50,000 bonus points after you charge $1,500 in purchases to your Card in your first three months of Cardmembership.
    • Earn 5 points for every dollar in eligible Card purchases at participating SPG®* and Marriott Rewards®* properties.
    • Earn 2 points for every $1 in all other Card purchases.
    • Receive an Annual Free Night Award at eligible hotels and resorts worldwide every anniversary.
    • No annual fee on Additional Cards.
    • Redeem points for free nights with no blackout dates at over 6,500 of the world's most desired hotels.
    • Automatic Silver Elite status membership.
    • Enjoy an automatic upgrade to Starwood Gold Elite status when you reach $30,000 in purchases on the Card each year.
    • Missed payment applicable rates, 23.99% on purchases and 26.99% on funds advances.
    • Features and Benefits: purchase protection and extended warranty. Baggage insurance. Flight delay insurance. Rental vehicle insurance. Travel accident insurance.
    *American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.   Show more
    Issuer American Express
    Regular APRAnnual FeeCredit RecommendedOur take
    19,99% $120,00 GoodOne of the best hotel rewards program with excellent bonuses and ability to transfer points easily
    Regular APR19,99%
    Annual Fee $120,00
    Credit RecommendedGood
    Our takeOne of the best hotel rewards program with excellent bonuses and ability to transfer points easily
  • True Line® Gold Mastercard® credit card

    True Line® Gold Mastercard® credit card
    Issuer MBNA
    • $39 annual fee.
    • Standard Annual Interest Rates of 8.99% on purchases, 8.99% on balance transfers✪ and access cheques, and 24.99% on cash advances.
    • You could get a 0% promotional annual interest rate ("AIR")† for 6 months on balance transfers✪ completed within 90 days of account opening, with a fee of 1% of the amount advanced (minimum fee of $7.50). Limited time offer, apply online by December 31, 2018.
    • A suite of comprehensive insurance.
    • Around-the-clock-fraud protection.
    • Access to 24/7 customer service.
    *Terms and conditions apply   Show more
    Issuer MBNA
    Regular APRAnnual FeeCredit RecommendedOur take
    8,99% $39,00 GoodLow annual fee card with permanent low interest rate and insurance benefits
    Regular APR8,99%
    Annual Fee $39,00
    Credit RecommendedGood
    Our takeLow annual fee card with permanent low interest rate and insurance benefits
  • True Line® Mastercard® credit card

    True Line® Mastercard® credit card
    Issuer MBNA
    • No annual fee.
    • Standard Annual Interest Rates of 12.99% on eligible purchases, 12.99% on balance transfers✪ and access cheques, and 24.99% on cash advances.
    • You could get a 0% promotional annual interest rate ("AIR")† for 6 months on balance transfers✪ completed within 90 days of account opening, with a fee of 1% of the amount advanced (minimum fee of $7.50). Limited time offer, apply online by December 31, 2018.
    • Around-the-clock fraud protection.
    • Access to 24/7 customer service.
    • Immediate cash access at over 1 million ATMs internationally.
    *Terms and conditions apply   Show more
    Issuer MBNA
    Regular APRAnnual FeeCredit RecommendedOur take
    12,99% No annual fee GoodNo annual fee card with permanent low interest rate and balance transfer benefits
    Regular APR12,99%
    Annual Fee No annual fee
    Credit RecommendedGood
    Our takeNo annual fee card with permanent low interest rate and balance transfer benefits

MAKING THE MOST OF YOUR CREDIT CARDS

On a basic level, all a credit card needs to do is serve as your access point to your line of credit. However, if you settle for the basics, you’ll be missing out on a whole host of perks that many cards now offer. The Canadian credit market is hotter than ever right now, and consumers who know what they’re doing have an opportunity to secure some great deals for themselves when applying for their next credit card. We’ve collected lists of the best credit cards Canada has out there; all you have to do is choose one.

It Pays To Choose Wisely

You know you’re going to be carrying a credit card no matter what, so you have to make a decision regardless. By strategically choosing one that offers bonuses or features that you want, you can make your money go further without lifting a finger yourself. Just do what you normally do, and your credit card will either rack up rewards for you or cost you less in fees than it normally would. Doesn’t that sound great?

Affordable Cards

Best credit cards CanadaThere are several considerations someone might have in mind when choosing a credit card, and which of them matter most to you depends on what your life and spending habits look like. For some people, a great card is one with a small or non-existent annual fee, or with very low interest rates on balances carried over more than one billing period. These cards minimize the amount it costs you to have access to credit, which makes them perfect for people on tight budgets who need reliable ways to stretch every penny.

Although they might let you achieve significant savings compared to other cards, prioritizing this aspect of your credit cards will often come at the cost of getting rewards for your purchases. These cards are still beneficial if you are very cost-conscious or use your card fairly infrequently, but you should consider other criteria if possible to ensure that you aren’t missing out.

Reward Cards

Some cards use a different method of attracting customers – they offer specific rewards based on your use of the card. The most common types of rewards are:

  • free gas
  • travel points
  • points to spend at specific retailers
  • cash

Travel credit cards are excellent for those who enjoy regular vacations or like to visit far-away family. Many budget-conscious people enjoy cards that give them free gas, since that is a daily necessity that they then do not have to worry about accounting for themselves. The retailer-specific points can be excellent for frequent shoppers, especially if the store in question sells many types of merchandise. Finally, cash-back cards are universally popular because their rewards can be used for anything a person wants. Reward accumulation is usually based on a percentage of your spending and may be locked to certain categories like groceries or recurring bills.

These cards are exciting because they provide tangible bonuses, but proceed with some caution: virtually all reward cards carry an annual fee, though it’s perfectly possible to receive much more in reward compensation than what you pay. How large of a fee is acceptable to you will depend on how much you regularly charge to the card. If it’s a card with designated reward categories, you should make sure that they line up with your highest spending categories.