Compare Credit Cards for December 2021

Compare rewards, cash back, low interest, balance transfer, secured cards and more.


NameRewardPurchase Interest RateCash Advance RateAnnual Fee
Get 3x the AIR MILES for every $25 spent on eligible purchases at IGA stores and at participating AIR MILES partners, and get 1 AIR MILE for every $25 spent elsewhere.

19.99%

22.99%

$0

Details
Earn 4% cash back for every $1 spent on eligible grocery purchases & recurring bill payments, 2% per $1 spent on eligible gas purchases & public transit, and 1% per $1 spent on all other eligible purchases.

20.99%

22.99%

$0

Details
Earn 5x the BMO Points for every $1 spent on groceries, dining in and out, gas and transit.

20.99%

23.99%

$0

Details
Earn 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and 0.5% cash back on everything else.

1.95%

19.95%

$0

Details
Earn 2% cash back on all eligible gas station, grocery store and drug store purchases and on recurring bill payments (up to a $25,000 annual spend), and earn 1% cash back on all other eligible purchases (and on all eligible purchases once the $25,000 annu

19.99%

22.99%

$39

Details
Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.

19.99%

22.99%

$0

Details
Get 3x the AIR MILES for every $25 spent at Sobeys and eligible AIR MILES partners, and get 1 AIR MILE for every $25 spent elsewhere.

19.99%

22.99%

$0

Details
Earn 1 AIR MILE for every $10 spent at eligible AIR MILES Sponsors and 1 AIR MILE for every $15 spent elsewhere

N/A

N/A

$180

Details
Save on interest for 6 months by consolidating your higher-rate balances with the balance transfer offer, and get an on-going 12.99% interest rate on purchases, cash advances and balance transfers.

12.99%

12.99%

$29

Details
1.25% cash back rate on all purchases when your welcome offer ends. No cap

19.99%

21.99%

$0

Details
Earn 1 AIR MILE for every $10 spent on purchases at eligible stand-alone grocery stores, gas stations and drugs stores in Canada, as well as eligible AIR MILES partners, and earn 1 AIR MILE for every $15 spent on all other eligible purchases elsewhere

20.99%

21.99%

$299

Details
Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.

7.99%

22.99%

$0

Details
Receive 5 Marriott Bonvoy™ points per dollar spent on eligible purchases at participating Marriott Bonvoy™ properties and 2 points on all other spend. Terms apply

19.99%

21.99%

$120

Details
Earn 5 Membership Rewards points per $1 spent at eligible grocery stores, restaurants, bars, cafés and food delivery services, and earn 2 Membership Rewards points per $1 spent at eligible gas stations, and on transit and travel purchases, and earn 1 Memb

19.99%

21.99%

$120

Details
Earn 2x the points on eligible purchases made directly with Air Canada and Air Canada vacations, 1.5x the points on eligible dining and food delivery purchases and 1x the points on everything else.

30%

N/A

$120

Details
Get 3x the AIR MILES for every $25 spent at eligible AIR MILES partners, and get 1 AIR MILE for every $25 spent elsewhere.

19.99%

22.99%

$0

Details
Get 1.5% cash back at participating Shell locations in Canada (up to a maximum spend of $2,500 in any monthly billing period), and get 0.5% cash back everywhere else.

19.99%

22.99%

$0

Details
Earn 1 AIR MILE for every $15 spent on eligible purchases at AIR MILES Sponsors, and earn 1 AIR MILE for every $20 spent on eligible purchases elsewhere

19.99%

21.99%

$0

Details
Earn 1 Air Mile on every $10 spent on eligible purchases.

19.99%

22.99%

$120

Details
Get 3 BMO Rewards points per $1 spent on eligible travel, dining and entertainment purchases (up to $50,000 spend annually), and get 2 BMO Rewards points per $1 spent on all other eligible purchases (and once you reach the $50,000 annual spend).

19.99%

22.99%

$0

Details
Earn 3 points for every $1 spent on eligible purchases made directly with Air Canada and Air Canada Vacations, 2 points for every $1 spent on eligible hotels and car rentals, and 1 point for every $1 spent elsewhere.

16.99%

21.99%

$599

Details
Earn 1.5% cash back on all eligible purchases.

19.99%

22.99%

$0

Details
Earn 3 BMO Rewards points for every $1 you spend on gas, office supplies, cell phone bills and internet bills, and earn 1.5 BMO Rewards points for every $1 you spend elsewhere.

14.99%

22.99%

$0

Details
Receive an annual fee rebate with a minimum yearly spend of US$1,000. Plus, spend in US Dollars with no exchange rate surprises.

19.99%

22.99%

$35

Details
Earn 2% cash back on all eligible purchases

19.99%

21.99%

$99

Details
Earn 1 Air Mile for every $20 spent on eligible purchases.

19.99%

22.99%

$0

Details
Get 1 AIR MILE for every $10 spent on eligible purchases.

19.99%

22.99%

$0

Details
Earn 5 Marriott Bonvoy™ points per dollar spent at participating Marriott Bonvoy™ properties, 3 points on eligible gas, dining and travel and 2 points on all other spend. Terms apply

19.99%

21.99%

$150

Details
Earn 1.5% cash back on eligible gas purchases, office supplies and on cell phone and internet recurring payments, earn 1.75% cash back at participating Shell stations, and earn 0.75% on all other eligible card purchases.

19.99%

22.99%

$0

Details
Get 3% cash back per $1 spent at Shells stations, 1.25% cash back on all other spend.

19.99%

22.99%

$79

Details
Earn 2 Membership Rewards points for every $1 spent on eligible purchases at select American Express merchant suppliers in Canada (choose 3 suppliers), and earn 1 Membership Reward point for every $1 spent on eligible purchases elsewhere

N/A

N/A

$250

Details
Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.

19.99%

22.99%

$0

Details
Get 1 BMO Reward point for every $1 spent on eligible purchases, and get 2 BMO Rewards points for every $1 spent at participating National Car Rental and Alamo Rent A Car locations.

19.99%

22.99%

$0

Details
Earn 3% in travel rewards on all eligible travel purchases (6 Points per $1 spent) and earn 1.5% in travel rewards on all other eligible purchases (3 Points per $1 spent).

19.9%

22.9%

$149

Details
The Refresh Secured Card has no credit check, a low annual fee and guaranteed approval once you secure your card with anywhere from $200 - $10,000.

17.99%

N/A

$12.95

Details
Earn 1.25 Membership Rewards points for every $1 spent on eligible purchases

N/A

N/A

$499

Details
Get 3x the AIR MILES for every $25 spent at eligible AIR MILES partners, and get 1 AIR MILE for every $25 spent elsewhere.

19.99%

22.99%

$0

Details
Earn 3x the points on eligible purchases made directly with Air Canada and Air Canada Vacations, 2x the points on eligible dining and food delivery purchases in Canada, and 1x the points on everything else.

19.99%

21.99%

$599

Details

N/A

N/A

$0

Details
Earn 5x the BMO Points for every $1 spent on groceries, dining in and out, drugstore purchases, gas and travel.

20.99%

23.99%

$499

Details
Earn 2 Points for every $1 spent on eligible dining or entertainment purchases.

11.9%

11.9%

$25

Details
Earn 5 SCENE points per $1 spent at participating Cineplex theatres or cineplex.com, and earn 1 SCENE point per $1 spent on eligible purchases elsewhere.

19.99%

22.99%

$0

Details
Earn 2 Membership Rewards points for every $1 spent on eligible gas station, grocery store, drug store and travel purchases and on eligible hotel and car rental bookings made with American Express Travel, and earn 1 Membership Reward point for every $1 sp

30%

N/A

$150

Details
Get 3x the AIR MILES for every $25 spent at eligible AIR MILES partners, and get 1 AIR MILE for every $25 spent elsewhere.

19.99%

22.99%

$0

Details
Earn 1 AIR MILE for every $5 spent on eligible food, drink, gas and transit purchases (up to an annual spend of $30,000), and earn 1 AIR MILE for every $10 spent on all other eligible purchases (and after the $30,000 annual spend)

20.99%

21.99%

$120

Details
Earn 1 Mile per $15 spent on all eligible purchases.

19.99%

22.99%

$99

Details
Take advantage of an introductory balance transfer offer, annual fee waiver in the first year, and low purchase and cash advance interest rates.

12.99%

12.99%

$20

Details
Earn 4 Scotia Rewards points per $1 spent at eligible gas stations, grocery stores, and on dining and entertainment purchases, and earn 1 Scotia Rewards point for every $1 spent elsewhere.

19.99%

22.99%

$399

Details
Earn 1 Scotia Rewards point for every $1 spent on eligible purchases.

19.99%

22.99%

$0

Details
Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.

7.99%

22.99%

$0

Details
Earn 3 Membership Rewards points for every $1 spent on eligible business essentials including office supplies, electronics, rides, gas, eats and drinks (up to an annual earn of 75,000 Membership Rewards), and earn 1 Membership Reward point for every $1 sp

19.99%

21.99%

$99

Details
Earn 5% in GM Earnings on all eligible purchases on the first $5,000 annual spend, and 2% in GM Earnings on all eligible purchases thereafter.

19.99%

22.99%

$0

Details
Earn 1 Scotia Reward point for every $1 spent on eligible purchases. Plus, book your travel through the Scotia Rewards Travel Service and earn 5% cash back on the cost of your trip.

19.99%

22.99%

$110

Details
Earn 5% in GM Earnings on the first $10,000 annual spend, and earn 2% in GM Earnings thereafter.

19.99%

22.99%

$0

Details
Earn 2 Scotia Rewards points for every $1 spent on eligible grocery store, dining, entertainment and daily transit purchases, and earn 1 Scotia Rewards point for every $1 spent elsewhere.

19.99%

22.99%

$139

Details
Earn 5 Scotia Rewards points per $1 spent on eligible grocery, dining and entertainment purchases, 3 points per $1 spent on eligible gas, transportation and select streaming services, and 1 point per $1 spent on eligible purchases elsewhere.

19.99%

22.99%

$120

Details
Earn 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and 0.5% cash back on everything else.

19.95%

19.95%

$0

Details
Earn 3 Membership Rewards points for every $1 spent on eligible dining in Canada, 2 Membership Rewards points for every $1 spent on eligible travel purchases as well as hotel and car rental bookings made with American Express Travel, and earn 1 Membership

N/A

N/A

$699

Details

20.99%

23.99%

$120

Details

20.97%

22.97%

$0

Details

19.99%

21.99%

$0

Details

19.99%

22.99%

$0

Details

19.99%

22.99%

$99

Details

19.99%

21.99%

$120

Details

19.99%

21.99%

$99

Details

19.99%

22.99%

$0

Details

19.99%

22.99%

$120

Details

19.99%

22.99%

$139

Details

10.9%

12.9%

$35

Details

14.9%

19.8%

$59

Details

13.99%

13.99%

$29

Details

8.99%

24.99%

$39

Details

17.99%

21.99%

$48

Details

19.99%

22.99%

$0

Details

12.9%

12.9%

$30

Details

12.99%

24.99%

$0

Details

14.99%

22.99%

$120

Details

12.99%

12.99%

$20

Details

20.99%

22.99%

$0

Details

20.99%

22.99%

$150

Details

19.99%

22.99%

$39

Details

20.99%

21.99%

$299

Details

30%

22.99%

$699

Details

19.99%

22.99%

$0

Details

19.99%

22.99%

$0

Details

19.95%

19.95%

$0

Details

Best credit cards in 2020 in Canada

Selecting the best credit card in Canada depends on what you are watching for. Some are looking for travel rewards, while others prefer cash refunds. If you are watching for a hotel credit card or a credit card with no almanac fee, you can acquire details. Once you determine the best credit card, consider adding cardholders so that points can be grouped. To maximize the value of your points, you also need to know the details of your loyalty program.

  1. American Express Personal Platinum
  • $ 699 / year
  • 60,000 sign-up bonus (if you use the referral link)
  • Earn 3 points for every dollar spent on meals
  • Earn 2 points for every dollar spent on travel
  • Earn 1 point for every dollar spent on all other purchases.
  • $ 200 travel credit per year
  • Unlimited access to airport lounge
  • Toronto Pearson special benefits
  • Improve the condition of the hotel.

The American Express Platinum card is a travel credit cards in Canada. What’s better than these other cards is unlimited access to the room. Yes, there is an annual fee of $ 699, but you only get $ 200 per year, so you only pay $ 499 per year. For regular travellers, access to the lounge is worth more and does not take into account additional travel benefits such as improving hotel status or travel insurance. 

  1. PC Financial World Elite MasterCard
  • No annual fee
  • Earn 45 PC Optimum Points per Dollar at Shoppers Drag Mart
  • Earn 30 PC Optimum points for every dollar spent on selling PC products and using PC Travel
  • Earn 30 optimal PC points per liter at Esso / Mobil locations
  • Earn 10 PC Optimum points for every dollar spent on all other purchases

PC Master World Elite MasterCard is the best credit card to buy groceries in Canada, but must be purchased at the Loblaw Store. The reason for this is that this credit card earns 30 optimal PC points for every dollar spent at the Lobrow store. If you shop at another grocery store, you only get 10 points for every dollar spent. If purchased at the Shopper Drug Mart, you will earn 45 points for every dollar spent and 30 points per liter for gas purchased at Esso / Mobil locations. 

  1. BMO Air Miles World Elite Mastercard
  • $ 150 annual fee (free for the first year)
  • 35,000 registration points after $ 3,000 purchase (equivalent to $ 250)
  • $ 100 travel credit when used during the first six months of the card membership (until February 28, 2019)
  • Earn 3 BMO reward points for every dollar spent on food, entertainment and travel purchases
  • Earn 2 BMO Rewards points for every dollar spent on all other purchases
  • MasterCard Airport Experiences membership offered by LoungeKey and 4 free annual passes
  • Includes full package of travel insurance

While travel insurance credit cards can sometimes be a bit tricky, BMO World Elite MasterCard makes things easy. To apply for all insurance, travel expenses must be charged to the credit card. This is essential because many other credit cards need that the card be charged 75% or 100% of the trip buying for the insurance to be real. Another advantage of this card is that during the first year there are frequent promotions that do not charge an annual fee and a $ 250 sign-up bonus.

  1. Marriott Bonvoy American Express
  • $ 120 annual fee
  • Welcome bonus of 50,000 Marriott Bonvoy points
  • Earn 5 Marriott Bonvoy points for every $ 1 when you purchase an eligible card at participating Marriott Bonvoy facilities
  • Earn 2 Marriott Bonvoy points per dollar on all other purchases
  • 15 elite night credits per calendar year
  • Marriott Bonvoy Silver Elite Status
  • Marriott Bonvoy Gold Elite status if you spend $ 30,000 on your card each year
  • Free in-room premium Internet access during your stay at the participating Marriott Bonvoy Hotel

For those who want to earn hotel points, there is no better credit card than the Marriott Bonvoy American Express. Earning rates are five Marriott Bonvoy points for every dollar spent at participating facilities and two points for every dollar spent elsewhere. Cardholders can easily earn higher status, starting with 15 elite night credits each year. 

  1. Rogers World Elite MasterCard
  • No annual fee
  • $ 25 cash reward after first purchase
  • Get 4% cashback for foreign currency purchases
  • Get a 2% refund on Rogers’s products and services
  • Get a 1.75% refund for all other purchases made in Canadian dollars
  • Lounge Card Airport Experiences membership offered by LoungeKey (no pass)

Rogers World Elite MasterCard charges a standard 2.5% foreign transaction fee, but receives a 4% refund for all purchases made in one currency. In other words, you get 1.5% cashback on purchases outside of Canadian dollars. This is impressive because this card has no annual fee.

  1. MBNA True Line Gold Master Card
  • $ 39 annual fee
  • 0% (3%) interest rate on balance transfer for the first 6 months
  • 99% interest rate after the end of the promotion period.
  • 99% interest rate on cash advance

When looking at the list of the best credit cards in Canada, the MBNA True Line Gold Mastercard is perfect for those who are looking for low interest rates and excellent balance transfer options. The promotion balance transfer rate is 0% for 12 months, but a 3% fee applies. At the end of the promotion period, the interest rate rises to 8.99%, but that’s still a good rate considering that most credit cards charge more than 19.99%.

  1. Scotiabank Gold American Express

With this Bank of Nova Scotia credit card, users can earn reward points for selected daily purchases. You get 1 point per dollar for regular purchases and 4 points per dollar for entertainment, food, groceries and gas purchases. There are no travel restrictions and points can be used anytime, anywhere. This card also supports a large minimum credit limit of $ 10,000. Users are covered by seven types of insurance, including travel interruptions and cancellations, medical emergencies, baggage loss and delays, and flight delays. Bonus benefits include a premium concierge, VIP passes for exclusive events, and a free lounge. Customers can also take advantage of special events and experiences such as restaurants, theatre shows, movies, music and shopping.

  • Purchase rate: 19.99%
  • Balance transfer / caching: 22.99%
  • Annual membership fee: $ 399.00