Compare Credit Cards for October 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 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
1.25% cash back rate on all purchases when your welcome offer ends. No cap

19.99%

21.99%

$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
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
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 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
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 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
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
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

N/A

N/A

$0

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
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 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 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 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% 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

20.97%

22.97%

$0

Details

19.99%

21.99%

$0

Details

19.99%

22.99%

$0

Details

19.99%

22.99%

$0

Details

19.99%

22.99%

$0

Details

12.99%

24.99%

$0

Details

20.99%

22.99%

$0

Details

19.99%

22.99%

$0

Details

19.99%

22.99%

$0

Details

19.95%

19.95%

$0

Details

LET’S GET TO KNOW SOME BEST NO ANNUAL FEE CREDIT CARDS IN CANADA

It is always efficient and convenient to have a credit card in your wallet, but there are some issues with the credit cards that hamper such desires. The annual advance fees, like the premium credit cards that have several benefits but come with a hefty annual fee and the same, implies for most of the credit cards. Those who use the credit cards in most transactions and have a huge number of transactions, the annual fee doesn’t matter but suppose you are not spending heavily, the overall returns of the credit card are minimal resulting in a loss. There is another option here, that is a no-fee credit card that comes along with the benefits but lacks the hefty annual amounts and thus you generate more rewards and returns on your transactions. 

WHAT IS NO-FEE CREDIT CARD?

In a no-fee credit card, there is no annual fee that has to be paid for card maintenance, but as expected in return they typically have fewer rewards or benefits. But the regular card interest charges and other fees are applicable for no-fee credit cards even though the annual rental is waived off. These are great options for those who don’t have much credit card transactions but use them once in a while. But if you use your credit card for everyday purchases, then it might not be beneficial for you, as the rewards are very less for no –fee credit cards. Some no-fee credit cards offer rewards, but the rewards are less sand fewer as compared to other normal fee credit cards. 

BEST NO FEE CREDIT CARDS IN CANADA

Out of all the types of no-fee credit cards we have compiled a list that offers unlimited cash back and travel rewards along with interesting balance transfers, extended warranty, low purchase rates, fraud protection,cash advance rates, zero percent foreign exchange fees and many more such attractive benefits.

Tangerine Money-Back Credit Card

This card had zero annual fees but also provides some benefits such as 2 percent cash back for up to three categories of spending such as groceries, entertainment, home improvement, gas, bill payments, pharmaceutical purchases, etc. which can be changed at any point of time to suit your spending habits and provides 0.5 percent cash back on other purchases that are not of the three selected categories. You also get $250 cash bonus when you use the card for a total $5000 transaction within the first three months, and the cashback is paid automatically each month with a year extended warranty.

American Express Simply Cash Card

This card is popular for its fixed-rate cashback rewards which give you a 2.5 % cashback in your first three months, 1.25% cashback on all other purchases after the first three months along with $1000,000 travel accident insurance. Another benefit is that it provides special entertainment invites, a year extended warranty, free purchase protection plan and 1.99% balance transfer for 6 months after the first balance transfer ta account opening.

Tangerine World Master-card

Out of other credit cards available, this is definitely one of the best no-fee credit cards in Canada as it has 2 % unlimited cash back on three categories as Tangerine Money back Card, and $250 cash bonus on a payment of $5000 spending in the first three months and an extra 0.50 % cash back for all other transactions. It also covered Car Rental Collision and Loss Damage Insurance for 21 consecutive days as well as Mobile service Insurance coverage with $1000. It provides you access to exclusive dining, retail and spa offers for more than 1000 lounges around 400 airports worldwide.

Triangle World Elite Master-card

This card comes with special benefits and excellent rewards if you shop at Canadian Tire or sports check or pay for Roadside Assistance. Except that it has a 3% payback on groceries payments, 4% payback on Roadside assistance, 7cents cashback per liter when you refuel your vehicle from Gas+ locations. It also has extended warranty, purchase protection, car rental or loss damage waiver insurance, no-fee financing on certain purchases of $200.

MBNA Rewards Platinum Plus Master Card

Similar as the previous it has many benefits like 2MBNA points for every $1 spent on groceries, gas, and restaurants, 1 MBNA point for every other $1 eligible purchases, 5000 introductory bonus points in the first three months, 1 year extended warranty, car rental insurance coverage, three months purchase protection and $1 million travel insurance.

BMO Cashback Master-card

BMO offers are competitive in nature as it includes a welcome bonus of 5% cashback for every purchase for three months, 1% unlimited cashback for all other purchases, a 1.99% balance transfer rate for 9months, 25% off on car rentals as well as purchase protection and extended warranty.

Home Trust Preferred Visa Card

Not only does this card have 0% annual fees but also 0% foreign currency transfer fees, 1% cashback on all purchases which are limitless, free roadside assistance, Visa Auto rental collision/loss damage insurance and purchase protection.

Blue Sky Credit Card

This card comes with a welcome bonus of an amazing rate of 5% cashback for each and every purchase for first three months, 1% unlimited cash back continuously lifetime for every purchase, 1.99% transfer rates for first 9months, purchase protection, extended warranty, and 25% off at all participating car rentals.

One can also combine the cards to reap the maximum benefit with there no-fee credit cards in Canada, as you don’t have to keep paying an annual fee on a regular basis. Depending on your requirements one can select one of the cards or more, after going through all the detailed terms and conditions along with the bonus and benefits available here for no-fee credit cards available.

These options are ideal to help you make a certain great choice to get a credit card with no fee in Canada. Study and get to know the features of each and every card in the list and make your selection accordingly.