Best Credit Cards in Canada: Fees Rewards, and Cash Backs

Credit cards have become an integral part of our lives, from transportation, groceries, insurance, and education, among others. However, the type of credit card you use can determine your long-term financial security.

With over 200 credit cards in Canada, choosing the best ones could save you hundreds or thousands of dollars annually.

Narrowing your selection to the best credit cards in Canada could be challenging. Fortunately, this post covers 25 best credit cards in Canada, their pros and cons, features and how to narrow your selection.

Overview of The Best Credit Cards in Canada for 2022

25 Best Credit Cards in Canada for 2022

The question is, what are the best credit cards in Canada? There are over 200 credit cards in Canada and picking the best credit cards in Canada for your financial needs and goals can be challenging.

Here, we have picked out 25 best credit cards in Canada that offer low interest rates, amazing rewards and cash backs. Our list of best credit cards in Canada include top contenders across numerous categories. This will help you find the ideal card for your spending habits and financial goals.

After in-depth research and comparison, I have picked the following as the best credit cards in Canada:

1. American Express Cobalt Card

Overall Best Credit Card in Canada

• Annual Interest Rate on Purchase: 20.99%
• Annual Fee: $12.99
• Earning Rewards: Earn 5 points per every eligible $1 purchase
• Intro Offer: Up to 30,000 Points

The American Express Cobalt Card is Canada’s overall best credit card. It offers well-rounded and lucrative rewards for everyday spending and travel.  This credit card offers 5 points for every $1 eligible purchase. If you earn up 1,000 points, that equals $10.

While this credit card has a 20.99% interest rate and a $12.99 annual fee, it has a wide range of perks and benefits that set it apart from other credit cards.

As a result, the American Express Cobalt Card is also one of our best reward credit cards for everyday spending, perks and young professionals in Canada.

Pros

• Lucrative welcome bonus
• Easy to redeem points for travel, gift cards, merchandise, or other purchases.
• Earn rate for restaurants is higher than other cards
• No fee for additional authorized users
• Strong travel insurance package
• Access to Front of the Line Presale and Reserved tickets

Cons

• Requires monthly fee of $12.99 which sums to an annual fee of $156
• American Express is not widely accepted in Canada
• Travel insurance is limited and doesn’t cover trip cancellation or medical coverage
• No airport lounge access

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2. Scotiabank Gold American Express

Best Reward Credit Cards for Everyday Spending

• Annual Interest Rate on Purchase: 20.99%
• Annual Fee: $120
• Earning Rewards: Earn 5 points per every eligible $1 purchase
• Intro Offer: Up to 45,000 points (worth $450)

The Scotiabank Gold American Express Card is Canada’s best credit card for returns on spending because it offers 5 points for every $1 you spend on groceries, restaurants, entertainment, and food delivery, and 3 points on every $1 you spend on gas and transit.

In addition to the 5 points reward on every $1 eligible purchase, this credit card doesn’t charge foreign transaction fees for all foreign currency purchases. Cardholders also enjoy access to a cohesive travel insurance package.

Pros

• No foreign exchange fees for any foreign exchange purchases
• High returns on everyday spending
• Annual fee is waived for the first year
• You enjoy access to VIP airport lounges and concierge services
• Extensive travel insurance coverage

Cons

• Points expire after 12 months
• Annual fee of $120 is expensive
• American Express card is not widely accepted in Canada

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3. TD First Class Travel Visa Infinite Card

Best Travel Rewards Credit Cards

• Annual Interest Rate on Purchase: 20.99%
• Annual Fee: $139
• Intro offer: 150,000 points
• Earning Rewards: 3 points per every $1 eligible purchase.

If you travel frequently, the TD First Class Travel Visa Infinite Card could help you save costs on your spending. This credit card offers 3 points for every $1 purchase and 150,000 points as a welcome bonus. Also, it offers 80,000 points for $1,000 purchases within the first 90 days,

However, you must have an average personal annual income of $60,000 or $100,000 household annual income to use the TD First Class Travel Visa Infinite Card.

Pros

• Includes comprehensive travel insurance
• Excellent welcome offer
• No annual fee for the first year
• Offers Nexus fee credit
• Good earn rate in top spending categories
• Access to exclusive Visa Infinite benefits

Cons

• No airport lounge access
• High minimum annual income—$60,000 personal or $100,000 household annual income
• High annual fee—$139

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4. RBC Avion Visa Infinite

• Interest Rate on Purchase: 19.99%
• Annual Fee: $120
• Intro offer: 55,000 points
• Rewards: 1 point for every $1 purchase + 25% cashback extra for all eligible purchases on travel.

The RBC Avion Visa Infinite card is another best travel reward card in Canada that distinguishes itself with 25% cashback extra on all eligible purchases on travel.

This card offers up to a $7,5015 welcome bonus. This is far more than what most credit cards offer in the industry.

Besides that, the card comes with comprehensive insurance on a mobile device and purchase protection.

Pros

• New cardholders earn up to 55,000 points as a welcome bonus
• Provides excellent travel insurance
• Partnerships with other retailers like HBC and Petro-Canada
• Solid option for looking for a travel-centric points program

Cons

• The $120 annual fee isn’t cheap
• High annual income requirement: Personal: $60,000 or Household: $100,000
• The points to dollar ratio is small

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5. Brim World Elite Mastercard

Best Credit Card With No Foreign Transaction Fees

• Annual Interest Rate on Purchase: 19.99%
• Annual Fee: $199
• Earning Rewards: 2% cashback per every $1 purchase.

Brim World Elite Mastercard is one of Canada’s best no-foreign-transaction-fees credit cards, offering 2% cashback for every $1 purchase.

This card allows you earn cash back and easily rack up bonus rewards when you shop with over 200 eligible partners. In addition to insurance coverage, this credit card waives the first-year annual fee for new users.

Brim World Elite Mastercard offer complimentary mobile device insurance and free Boing Wi-Fi Membership.

Pros

• Annual fee is waived for the first year as welcome bonus
• No foreign exchange transaction fees and this helps you save 2.5% on every foreign purchase
• You can easily redeem rewards in increments of 100 points for $1
• Offers strong travel insurance coverage
• Solid cash back reward rate of 2%

Cons

• The earn rate of 2% is capped at $25,000 annually and thereafter drops to $1
• Personal income requirements of $80,000 is expensive

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6. BMO CashBack Mastercard

Best Cashback Mastercard for Students

• Annual Interest Rate on Purchase: 19.99%
• Balance Transfer Rate: 1.99% for the first 9 months, 22.99% after.
• Annual Fee: $0
• Earning Rewards: 5% cashback for the first three months

The BMO Cashback Mastercard charges a low balance transfer interest rate of 1.99% for the first 9 months and 22.9% after.

Besides that, the BMO Cashback Mastercard offers up to 5% welcome bonus cashback for the initial three months of account opening.

Furthermore, this credit card offers 3% cash back on grocery purchases, 1$ cashback on recurring bills spendings, and 0.5% cash back on all other purchases.

Pros

• No annual fee
• Amazing welcome offer of 5% on purchase for the first 3 months
• You can redeem rewards for as little as $1
• No income requirement to qualify
• 3% cash back on groceries makes it best for spending categories
• Offers purchase and extended warranty protection

Cons

• 1% cash back on recurring bill is low
• Bonus category is capped at $500

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7. Tangerine Money-Back Credit Card

Best Balance Transfer Credit Card

• Annual Interest Rate on Purchase: 19.95%
• Balance Transfer Rate: 0% for 12 months, 12.99% after.
• Annual Fee: $0
• Earning Rewards: 2% Money-Back Rewards per everyday purchase

The Tangerine Money-Back Credit Card charges no balance transfer rate for the initial 12 months but charges 12.99% after. This unique credit card offers 2% unlimited cash-back on everyday purchases on any category of your choice and 0.50% cashback on other purchases.

This card gives you the opportunity to take full advantage and avoid being locked into a category that doesn’t align with your spending habit.

To qualify, you must have an average of $12,000 gross annual income with no bankruptcy history over the past seven years.

Pros

• 2% cash back on every dollar spent on bonus categories
• Flexibility to choose any three bonus category of your choice and earn 2% cash back
• You can change your bonus categories at any time
• This card is accepted almost everywhere in Canada including No Frills and Costco
• Free supplementary cards for authorized users
• Extended warranty and purchase protection

Cons

• There is no travel insurance or other benefits
• Only 0.5% cash back on purchases that are not under categories you choose

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8. MBNA True Line Gold Mastercard

Best Low-Interest Credit Cards

• Annual Interest Rate on Purchase: 8.99%
• Annual Fee: $39
• Rewards: N/A

With $0 annual fee and 0% for balance transfer for the first year, the MBNA True Line Gold Mastercard is Canada’s overall best credit card for low interest on purchases and spendings in Canada.

The MBNA True Line Gold Mastercard has a super-low interest rate on purchase and balance transfers that you can’t easily find elsewhere. This card has comprehensive insurance on purchase assurance and extended warranty benefits.

Pros

• No annual fee for the first year
• 10% discount on eligible car rentals at AVIS and Budget
• Low annual interest rate on purchases

Cons

• No rewards
• Limited perks

9. MBNA True Line Mastercard

• Annual Interest Rate on Purchase: 12.99%
• Annual Fee: $0
• Rewards: N/A

The MBNA True Line Mastercard is one of Canada’s best low-interest credit card in Canada, having 12.99% interest rates on purchase and balance transfers.

While the MBNA True Line Gold Mastercard has super-low rate on purchase and balance transfers with a $39 annual fee, the MBNA True Line Mastercard has a considerably low rate with no annual fee.

That said, the card offers 12 months promotional offer of 0% interest rate on balance transfers.

Pros

• It has low interest rate of 12.99% that won’t change
• Doesn’t have income requirements to qualify
• No annual fee
• Offers promotional balance transfer of 0% for a full year

Cons

• Is not available to Quebec residents
• Doesn’t offer insurance or other benefits

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10. American Express SimplyCash Preferred

Best Overall Cash Back Credit Cards

• Annual Interest Rate on Purchase: 20.99%
• Annual Fee: $119.88
• Earning Rewards: 4% on gas and groceries and 2% on everything else

The American Express SimplyCash Preferred offers 10% cashback for the initial first month of account opening and 2% cashback after. You earn 4% cash back on eligible gas station purchases in Canada, 4% cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually) and 2% cash back on all other purchases.

While you can earn up to $400 cashback through this credit card, be ready to spend $99 for an annual fee and a 19.99% annual interest rate on purchases.

In your first 10 months as a new cardmember, you can earn a $40 statement credit for each monthly billing period when you spend $750 in purchases on your American Express SimplyCash Preferred Card. This adds up to $400 in statement credits for the first 10 months.

Pros

• Stellar welcome bonus
• Cheap annual fee of $9.99/month
• More earning rate than other cards
• You can earn from referrals
• Good travel insurance

Cons

• Rebates arrive annually
• American Express not widely accepted in Canada
• No mobile device insurance

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11. CIBC Dividend Visa Infinite Card

• Annual Interest Rate on Purchase: 20.99%
• Annual Fee: $120
• Cash Back Structure: 4% cash back on gas and groceries. 2% cash back on dining, transportation, and recurring payments. 1% cashback back all other purchases.

The CIBC Dividend Visa Infinite Card stands out with its impressive rewards on everyday purchases. This credit card offers unlimited cash back on gas and groceries, dining, transportation, recurring payments and other purchases.

Also, the card waives the first-year annual fee ($120), helping you save more, and lets you redeem rewards at anytime with its CIBC Cash Back on demand feature.. In addition, it offers emergency travel medical and mobile devices.

Pros

• It offers higher rates on everyday spending than most cards
• Access to CIBC’s Pace It  program
• Annual fee is waived for the first year through its excellent digital-only welcome bonus feature
• It allow you redeem your cash back at any time in increments of $25
• Offers access to Visa Infinite Program

Cons

• Annual fee is expensive
• Personal income requirement is too high
• Insurance coverage is not comprehensive

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12. Neo Financial Mastercard Essential

Best No-Fee Cash Back Credit Cards

• Annual Interest Rate on Purchase: 19.99%
• Annual Fee: $0
• Earning Rewards: 5%+ cashback per every eligible purchase.

The Neo Financial Mastercard is one of the best credit cards in Canada, offering competitive cashback. It tops up your cashback when it’s below $1 and offers up to 15% cashback as a welcome bonus.

New Neo Financial Mastercard Cardholders receive a $25 Welcome Offer Bonus for signing up and a a welcome bonus of up to 15% cash back on their first purchase at most Neo partners.

This credit card offers competitive cashback on all its three plans, as shown on the table below:

Pros

• High bonus cashback offers
• Beautiful, user-friendly app
• Cash out your cashback rewards at any time
• Unlimited cashback
• Fully digital platform

Cons

• Best cash back only comes from cafes and restaurants because most Neo partners are cafes and restaurants
• No travel insurance, extended warranty, or other perks
• Cannot cash out your cash back rewards to the Neo Money account
• Low credit limits

13. Home Trust Secured Visa

Best Secured Credit Card For Building Credit

• Annual Interest Rate on Purchase: 19.99%/14.90%
• Annual Fee: $0/$59

The Home Trust Secured Visa is Canada’s overall best-secured card, with two competing versions.

The first version of this card charges 19.99% interest rates on purchase with no annual fee. On the other hand, the second version charges a 14.90% purchase rate with a $59 annual fee.

All these are cost-saving compared to other secured credit cards in the market. However, the Home Trust Secured Visa is not available in Quebec.

Pros

• No annual fee
• No foreign transaction fee
• 1% cash back on all eligible purchases
• Purchase protection

Cons

• No cash back for  transactions in foreign currency
• Not available to Quebec residents

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14. Refresh Financial Secured Card

• Annual Interest Rate on Purchase: 17.99%
• Annual Fee: $12.95

Refresh Financial Secured Card is one of Canada’s best secured credit card with a competitive annual interest rate on purchase and fees. This card allows you to use our secured card just like a regular credit card to pay bills or make purchases either in-person or online.

You’re likely to build up your credit fast with this card’s 17.99% annual interest rates and $12.95 annual fees.

Pros

• No hard credit check required
• You only have to put $200 on the card to enjoy its full benefits.
• Offerst low interest rates compare to other cards
• Refresh reports all your payments to Equifax and TransUnion.
• Good payments will help you build a solid credit history and a high credit score.
• Approval is almost guaranteed and depends mainly on how much you provide as a deposit.

Cons

• You have to pay several fees when you activate your Secured Card and make various transactions.
•  Your deposit must be paid in cash and can be a lot of money to pay upfront
• No rewards points or insurance policies are available (balance protection, etc.).

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15. TD Aeroplan Visa Infinite

Best Aeroplan Cards

• Annual Interest Rate on Purchase: 19.99%
• Annual Fee: $139
• Earning Rewards: 1.5 points per eligible $1 purchase

The TD Aeroplan is our overall best Aeroplan credit card in Canada for frequent Air Canada fliers looking for cards to help them earn more on travels. This card is ideal for you if you have an average annual personal income of $60,000 or $100,000 household annual income.

This credit card offers 1.5 points per eligible $1 purchases on gas, groceries, and direct through Air Canada purchases and 1 point per $1 on everything else.

The card charges a $139 annual fee and 19.99% annual interest.

Pros

• Access to Air Canada benefits and perks
• Comprehensive travel insurance benefits
• Up to $100 in Nexus Membership
• You can redeem Aeroplan points for flights on Air Canada
• Offers double points when used with Aeroplan cards at participating retailers

Cons

• Annual fee is expensive compared to other cards
• Aeroplan points can only be redeemed on Air Canada and Star Alliance

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16. American Express Aeroplan Reserve

• Annual Interest Rate on Purchase: 19.99%
• Annual Fee: $599
• Rewards: Variable

The American Express Aeroplan Reserve is one of Canada’s best Aeroplan credit card. Even though it charges a $599 annual fee, it compensates it with a wide range of rewards, such as 90,000 points welcome bonus, 30,000 for spending $3,000 in the first three months of registration, and 5,000 Aeroplan points for spending up to $1,00 worth of monthly billing in the first year of membership.

Pros

• Elevated earn rates on Air Canada purchases.
• Comprehensive travel insurance coverage.
• Priority boarding privileges and access to airport lounges.

Cons

• A higher-than-average annual fee.
• Low earn rates on everyday purchases and non-Air Canada flights.

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17. BMO Air Miles World Elite Mastercard

Best Air Miles Credit Cards

• Annual Interest Rate on Purchase: 20.99%
• Annual Fee: $120
• Intro offer: 2000 Air Miles
• Earning Rewards: 1 mile per every $12 spent on credit card and 3 miles per every $12 eligible purchase.

Get 1 mile for every $12 purchase on a credit card and 3 miles for a $12 eligible purchase through the BMO Air Miles World Elite Mastercard.

In addition to a 15% discount on all AIR MILES flights in North America, the BMO Air Miles World Elite Mastercard waives your first-year annual fee when you allow pop-up information and reach 2,000 AIR Miles Bonus Miles.

That said, you must have an average of $80,000 annual personal income or $150,000 household annual income to qualify for this credit card.

Pros

• Offers travel insurance coverage
• You can earn up to 750 Bonus Miles every year if you book your first flight or vacation package with Dream Miles.
• You can earn Air Miles when you refer a friend
• Lucrative welcome bonus
• Stellar earn rates for everyday purchases
• Front of the line access to concerts and events

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18. American Express AIR MILES Platinum Credit Card

• Annual Interest Rate on Purchase: 20.99%
• Annual Fee: $120
• Intro Offer: $340
• Earning Rewards: 1 mile per $5 spent on food and drink, gas, and local transit; 1 mile per $10 spent elsewhere

The American Express AIR MILES Platinum Credit Card is Canada’s  overall best air miles credit card. This card offers 2,000 bonus miles for spending $1,500 in your initial three months.

Besides that, it offers 1 mile per $5 spent on food and drink, gas, and local transit, and 1 mile per $10 spent elsewhere.

Pros

Cons

 

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19. Marriott Bonvoy Brilliant American Express

Best Hotel Cards

• Annual Interest Rate on Purchase: 19.49% to 28.49%
• Intro offer: 150,000 points
• Annual Fee: $650
• Rewards: Variable

The Marriott Bonvoy Brilliant American Express is our overall best hotel credit card in Canada due to its competitive interest rates.

While it charges a $650 annual fee, you can save more with this card due to its wide range of rewards. Over, you will earn up to 150,000 points within your first three months of membership.

Furthermore, this card offers 6 points for all eligible purchases at partner hotels, 3 points for direct flight booking with airlines, 3 points for dining at U.S. restaurants, and 2 points for every eligible $1 purchase.

Pros

• Offers cardholder access to dedicated tickets
• Access to the most talked about events
• 70,000 hotels on this loyalty program worldwide

Cons

• Annual fee is too expensive

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20. Best Western Rewards Mastercard

• Annual Interest Rate on Purchase: 19.99%
• Annual Fee: $0
• Rewards: 5 points for every eligible $1 purchase at Best Western properties; 1 point for every other $1 eligible purchase.

The Best Western Rewards Mastercard is our runner-up best hotel credit card in Canada due to its competitive rewards and without an annual fee.

This card offers 20,000 points for an initial eligible purchase. This is equal to the cost of a one-night lodge.

Pros

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21. American Express Platinum Card

Best Card for Perks

• Annual Interest Rate on Purchase: 15.99% to 22.99%
• Annual Fee: $695
• Intro Offer: 80,000 points
• Rewards: 3 points on food purchases, 3 points on travel, 1 point on everything else.

The American Express Platinum Card is our overall best credit card for perks in Canada due to its competitive interest rates and wide range of rewards.

Though the card has very high annual fees, the benefits and perks it offers makes it worthwhile. The card offers 3 points on every dollar spent eligible purchases on dining and food delivery in Canada, 2 points for every dollar spent on travel, 1 point on every dollar spent on everything else.

Cardholders enjoy tons of extra benefits, including a dedicated concierge line, annual 4200 travel credit, and complimentary airport lounge access with unlimited passes to Priority Pass and Centurion lounges.

Furthermore, this card offers access to discounts on your first International trip.

Pros

• No income requirement
• 3 points per dollar spent on eligible dining and food delivery, and 2 points per dollar spent on travel
• It offers a very lucrative welcome bonus of 80,000 points
• Offers excellent travel insurance packages

Cons

• Has a very high annual fee of $699
• American Express is not widely accepted in Canada

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22. Signature RBC Rewards Visa

• Interest Rate on Purchase Rate: 19.99%
• Annual Fee: $39 (no fee for students)
• Intro Offer: $65
• Rewards: 1 point for every $1 purchase + bonus points for purchases at eligible retailers

The Signature RBC Rewards Visa is our runner-up best student credit card, following the BMO Cashback Mastercard for Students.

This card offers 1 point for every $1 purchase plus bonus points for purchases at eligible retailers. It also offers comprehensive insurance, purchase security and extended warranty, and car rental.

Pros

• Earn like you’ve got a premium rewards card
• Loads of rewards choices
• Save and Earn Faster with RBC Offers
• Redeem your points for gift cards, merchandise, travel rewards, and RBC Financial Rewards vouchers.
• Use their online tool to book travel instantly
• Easy to book travel

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23. PC Financial World Elite Mastercard

Best Family Credit Card for Gas and Groceries

• Annual Interest Rate on Purchase: 20.97%
• Annual Fee: $0
• Rewards: 30 points on every $1 eligible purchase and 10 points for all other $1 purchases.

The PC Financial World Elite Mastercard is our overall best family credit card for gas and groceries in Canada. This card offers 30 points on every $1 eligible purchase and 10 points for all other $1 purchases.

Furthermore, the card offers comprehensive insurance on travel emergency medical insurance in addition to purchase protection and an extended warranty.

Pros

• Offers a user-friendly app
• Stellar bonus PC reward points for all purchases made at President Choice partners
• No annual fee

Cons

• Bonus points can only be redeemed at participating stores
• Interest rate is slightly higher than other cards
• High income requirements

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24. Walmart Mastercards

• Annual Interest Rate on Purchase: 19.89%
• Annual Fee: $0
• Intro offer: $25 welcome bonus
• Rewards: Variable

This is one of Canada’s best family credit card for gas and groceries in Canada. Walmart Mastercards are divided into Walmart Rewards World Mastercard and Walmart Rewards Mastercard.

The Walmart Rewards World Mastercard offers 3% for purchases at Walmart.ca, 25% for purchases at gas stations, 25% for purchases at Walmart stores in Canada, and 1% for purchases everywhere else.

On the other hand, the Walmart Rewards Mastercard offers 25% for purchases at Walmart.ca and Walmart stores, 1% for purchases at gas stations, and 1% for purchases everywhere else.

Pros

• No annual fees
• $25 welcome bonus
• Lucrative cash back rewards

Cons

• No insurance coverage
• You can only redeem your rewards at Walmart stores

25. Scotia Momentum Visa Infinite

Best Credit Cards for Young Professionals

• Annual Interest Rate on Purchase: 19.99%
• Annual Fee: $120
• Earning Rewards: 4% cashback per every $1 groceries and recurring spendings, 2% cashback per every $1 gas and daily transit spending, and 1% for all other purchases.

The Scotia Momentum Visa Infinite is our runner-up best credit card for your professionals in Canada due to its competitive reward structure. The card helps rising households to offset their daily expenses.

In addition to New Mobile Device Insurance, the Scotia Momentum Visa Infinite offers Travel Insurance and waives the first-year annual fee for new users.

To qualify, you must have an average annual personal income of $60,000 or a household average annual income of $100,000 or $250,000 average assets under management.

Pros

• Offers strong travel insurance coverage
• Annual fee is waived for the first year
• High reward rates for groceries and gas compared to most cards

Cons

• The 4% and 2% reward categories are capped at $25,000 annually and drops to 1% thereafter.

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How I Reviewed the Best Credit Cards in Canada

It was not by chance we arrived at the above best credit cards in Canada. At Money Reverie, we follow a systematic process of ranking the best products in the industry. Here are the factors we considered when evaluating the best credit cards in Canada.

• Interest Rate: While most of the above credit cards have the common 19.99% interest rate on purchases and cash advances, most offer additional values in the form of rewards and low fees.
• Fees: Some of the above credit cards have no annual fees, while others have low fees. This helps you save more money from your everyday spending.
• Rewards: Most of the above credit cards offer competitive rewards you can’t easily find elsewhere.
• Perks and Benefits: The above credit cards have varying perks and benefits, from purchase assurance and extended warranty to mobile device protection.

How to Choose the Best Credit Card

Now that you know the best credit cards in Canada, which should you choose? Since there are different credit cards, not every credit card will be perfect for you.

As a result, it’s essential to narrow your selection to the best credit card that suits your spending habit. But how could you achieve that? Consider the following factors:

• Rewards vs. Low interests: A reward credit card is ideal for you if you don’t have a credit balance, But if you have a credit balance, it’s essential to choose a low-interest credit card to reduce the cost of paying off your debt.
• Fees and Interest Rate: Different credit cards have different fees and interest rates. Choose a credit card that offers the best value and earning opportunities.

Final Thoughts on the Best Credit Cards in Canada

A credit card affects your financial success or failure. Your fate is determined by your spending habits and the type of card you choose.

As a result, it’s essential to choose a credit card that suits your spending habits. The above review covers the best credit cards in Canada across different spending habits.

The ball is now in your court to choose the necessary credit card. But if you need more clarification or help to determine the perfect credit card, drop your concerns in the comment section.

So which credit card are you starting with?

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