Best Credit Card Offers in Canada | August 2024
Getting a new credit card is a much sweeter experience when it comes bundled with a limited-time credit card offer for bulk bonus points, sky-high cashback levels, or accelerated rewards earning rates.
Missing one of these Canadian credit card promotions means letting a lot of extra value slip by, so before applying for offers on credit cards check to make sure there isn’t a more lucrative opportunity on the list of the best credit card promotions in Canada in alphabetical order.
Best welcome bonus credit cards in Canada
| Credit card | Fast facts | Sign-up offer | Get started |
|---|---|---|---|
| American Express® Aeroplan®* Card |
Annual fee: $120
Income requirement: None |
Earn up to 50,000 Welcome Bonus Aeroplan®* points | Apply now |
| American Express Cobalt® Card |
Annual fee: $155.88 ($12.99/month)
Income requirement: None |
Earn up to 15,000 Membership Rewards® points | Apply now |
| American Express Green Card |
Annual fee: $0
Income requirement: None |
Earn 10,000 Membership Rewards® points | Apply now |
| BMO CashBack® World Elite®* Mastercard®* |
Annual fee: $120 (first year free)
Income requirement: $80,000 personal or $150,000 household |
Get up to 10% cash back in your first 3 months and the $120 annual fee waived in the first year | Apply now |
| CIBC Aventura® Visa Infinite* |
Annual fee: $139 (first year free)
Income requirement:$60,000 individual, or $100,000 household |
Up to 35,000 Aventura points, get a one-time annual fee rebate and up to three authorized users, 4 airport lounge passes, a $67 NEXUS application fee rebate | Learn More |
| CIBC Dividend® Visa Infinite* |
Annual fee: $120 (first year free)
Income requirement: $60,000 personal or $100,000 household |
Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $3,000†. | Learn More |
| Scotiabank Passport Visa Infinite |
Annual fee: $150
Income requirement: $60,000 personal or $100,000 household |
Earn up to $1,100* in value in the first 12 months, including up to 35,000 bonus Scene+ points | Apply now |
| Tangerine World Mastercard |
Annual fee: $0
Income requirement: $60,000 personal or $100,000 household |
Get an extra 10% cash back on up to $1,000 in everyday purchases within your first 2 months. | Apply now |
| TD Aeroplan Visa Infinite Privilege Card |
Annual fee: $599
Income requirement: $150,000 personal or $200,000 household |
Earn up to $2,900 in value† including up to 80,000 Aeroplan points†. Conditions Apply. Account must be approved by January 6, 2025. This offer is not available for residents of Quebec. For Quebec residents, please click here.
|
Apply now |
| TD First Class Travel Visa Infinite Card |
Annual fee: $139 (first year rebated†)
Income requirement: $60,000 personal or $100,000 household |
Earn up to $1,000 in value†, including up to 135,000 TD Rewards Points† and no Annual Fee for the first year†. Conditions Apply. Account must be approved by January 6, 2025. | Apply now |
†Terms and conditions apply.
Conditions Apply. Visit here for the Scotiabank Passport® Visa Infinite* Card to learn more. *See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
†TD First Class Travel Visa Infinite Card annual fee rebate: To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders by January 6, 2025.
Best welcome bonus credit card in Canada for travel
American Express ® Aeroplan ®
4.0
Earn 30,000 points*
Welcome offerGood
Suggested credit scoreEarn 30,000 Aeroplan®* points* after spending $3,000 on your Card within the first 3 months as a new American Express® Aeroplan®* Cardmember.*
Pros
-
Aeroplan Points Accumulation: Earn up to 2 Aeroplan points per $1 spent on purchases.
-
Free Checked Bags: Free first checked bag on Air Canada flights for you and up to eight travel companions.
-
Preferred Pricing on Flight Awards: Access to preferred pricing on Aeroplan flight rewards.
-
Travel Insurance Coverage: Includes eight types of robust travel insurance.
-
Fast Track to Elite Status: Ability to reach Aeroplan Elite status more quickly.
-
American Express Experiences: Exclusive access to dining, sports, and entertainment events, plus Front Of The Line for presales and reserved tickets.
-
No Preset Spending Limit: Flexible spending based on credit history and account activity.
Cons
-
Limited Acceptance: American Express cards may not be as widely accepted as Visa or Mastercard.
-
High APR on Unpaid Balances: A steep annual interest rate of 30% for unpaid balances.
-
Limited Lounge Access: No access to Maple Leaf or PriorityPass lounges.
-
Restricted Points Earn Rate: The 2x points earn rate on Air Canada and Air Canada Vacations only applies to direct bookings through the airline.
-
Charge Card Expectations: You're expected to pay off the entire balance each month.
-
Specialized Rewards: High-value rewards primarily focused on redeeming for Air Canada flights.
Eligibility
Good
Recommended Credit Score
$0
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$0
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 in Canada
1x
the points on everything else
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
1.5x
the points on everything else
1x
$120
Annual Fee $120
2.50%
Foreign Transaction Fee 2.5% of the transaction in CDN
Annual Fee
$120
Foreign Transaction Fee
2.50%
Pros
-
Aeroplan Points Accumulation: Earn up to 2 Aeroplan points per $1 spent on purchases.
-
Free Checked Bags: Free first checked bag on Air Canada flights for you and up to eight travel companions.
-
Preferred Pricing on Flight Awards: Access to preferred pricing on Aeroplan flight rewards.
-
Travel Insurance Coverage: Includes eight types of robust travel insurance.
-
Fast Track to Elite Status: Ability to reach Aeroplan Elite status more quickly.
-
American Express Experiences: Exclusive access to dining, sports, and entertainment events, plus Front Of The Line for presales and reserved tickets.
-
No Preset Spending Limit: Flexible spending based on credit history and account activity.
Cons
-
Limited Acceptance: American Express cards may not be as widely accepted as Visa or Mastercard.
-
High APR on Unpaid Balances: A steep annual interest rate of 30% for unpaid balances.
-
Limited Lounge Access: No access to Maple Leaf or PriorityPass lounges.
-
Restricted Points Earn Rate: The 2x points earn rate on Air Canada and Air Canada Vacations only applies to direct bookings through the airline.
-
Charge Card Expectations: You're expected to pay off the entire balance each month.
-
Specialized Rewards: High-value rewards primarily focused on redeeming for Air Canada flights.
Eligibility
Good
Recommended Credit Score
$0
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$0
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 in Canada
1x
the points on everything else
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
1.5x
the points on everything else
1x
$120
Annual Fee $120
2.50%
Foreign Transaction Fee 2.5% of the transaction in CDN
Annual Fee
$120
Foreign Transaction Fee
2.50%
TD credit card offers: Aeroplan
TD® Aeroplan® Visa Infinite Privilege* Card
4.0
up to 80K pts
Welcome offerExcellent
Suggested credit scoreEarn up to $2,900 in value† including up to 80,000 Aeroplan points†. Conditions Apply. Account must be approved by January 6, 2025.
Expires
Jan 6, 2025
Pros
-
Welcome bonus up to 80,000 Aeroplan® points† (up to $2,900 in value†) (enough for a round trip to Honolulu†)
-
Complimentary Maple Leaf Lounge† access and six worldwide lounge visits annually†
-
Priority Airport Services† like Boarding and Baggage Handling
-
High Aeroplan® earn rates, double points on eligible Air Canada purchases
-
Extensive travel insurance benefits
-
Free checked bags on Air Canada
-
Preferred Pricing on Aeroplan® flight rewards
-
Visa Infinite Privilege* designation perks (e.g. DragonPass membership)
-
Up to $100 CAD NEXUS credit†
Cons
-
Steep annual fee of $599
-
High eligibility requirements ($150,000 personal or $200,000 household income)
-
Additional cardholder fee of $199
-
High-value rewards mainly for Air Canada flights
Eligibility
Excellent
Recommended Credit Score
$150,000
Required Annual Personal Income
$200,000
Required Annual Household Income
Recommended Credit Score
Excellent
Required Annual Personal Income
$150,000
Required Annual Household Income
$200,000
2 points†
Earn 2 points† for every $1 spent on eligible purchases made directly with Air Canada® including Air Canada Vacations®.
1.5 points†
Earn 1.5 points† for every $1 you charge to your Card on eligible gas, groceries, travel and dining purchases.
1.25 points†
Earn 1.25 points† for every $1 you charge to your Card on all other purchases.
6
Get 6 lounge visits included for each Cardholder per membership year at over 1,200 airport lounges worldwide with DragonPass†
2x
Earn points twice when you provide your Aeroplan number to Aeroplan partner brands and on the Aeroplan eStore
50%
Get 50% more Aeroplan points at Starbucks when you link your TD card with your Starbucks® Rewards account. Conditions Apply.
$100
Get a NEXUS application fee rebate up to $100 (CAD) every 48 months.†
1st
Get your 1st checked bag free for you and up to eight companions† when your travel originates on an Air Canada flight.
10%
Get 10% savings at Avis and Budget in North America, 5% off internationally†
Earn 2 points† for every $1 spent on eligible purchases made directly with Air Canada® including Air Canada Vacations®.
2 points†
Earn 1.5 points† for every $1 you charge to your Card on eligible gas, groceries, travel and dining purchases.
1.5 points†
Earn 1.25 points† for every $1 you charge to your Card on all other purchases.
1.25 points†
Get 6 lounge visits included for each Cardholder per membership year at over 1,200 airport lounges worldwide with DragonPass†
6
Earn points twice when you provide your Aeroplan number to Aeroplan partner brands and on the Aeroplan eStore
2x
Get 50% more Aeroplan points at Starbucks when you link your TD card with your Starbucks® Rewards account. Conditions Apply.
50%
Get a NEXUS application fee rebate up to $100 (CAD) every 48 months.†
$100
Get your 1st checked bag free for you and up to eight companions† when your travel originates on an Air Canada flight.
1st
Get 10% savings at Avis and Budget in North America, 5% off internationally†
10%
20.99%
Purchase APR APR for purchases 20.99%†
22.99%
Cash Advance APR APR for cash advances 22.99%†
$599
Annual Fee Additional Cardholder† $199
2.50%
Foreign Transaction Fee 2.5% of the transaction in CND
Purchase APR
20.99%
Cash Advance APR
22.99%
Annual Fee
$599
Foreign Transaction Fee
2.50%
Pros
-
Welcome bonus up to 80,000 Aeroplan® points† (up to $2,900 in value†) (enough for a round trip to Honolulu†)
-
Complimentary Maple Leaf Lounge† access and six worldwide lounge visits annually†
-
Priority Airport Services† like Boarding and Baggage Handling
-
High Aeroplan® earn rates, double points on eligible Air Canada purchases
-
Extensive travel insurance benefits
-
Free checked bags on Air Canada
-
Preferred Pricing on Aeroplan® flight rewards
-
Visa Infinite Privilege* designation perks (e.g. DragonPass membership)
-
Up to $100 CAD NEXUS credit†
Cons
-
Steep annual fee of $599
-
High eligibility requirements ($150,000 personal or $200,000 household income)
-
Additional cardholder fee of $199
-
High-value rewards mainly for Air Canada flights
Eligibility
Excellent
Recommended Credit Score
$150,000
Required Annual Personal Income
$200,000
Required Annual Household Income
Recommended Credit Score
Excellent
Required Annual Personal Income
$150,000
Required Annual Household Income
$200,000
2 points†
Earn 2 points† for every $1 spent on eligible purchases made directly with Air Canada® including Air Canada Vacations®.
1.5 points†
Earn 1.5 points† for every $1 you charge to your Card on eligible gas, groceries, travel and dining purchases.
1.25 points†
Earn 1.25 points† for every $1 you charge to your Card on all other purchases.
6
Get 6 lounge visits included for each Cardholder per membership year at over 1,200 airport lounges worldwide with DragonPass†
2x
Earn points twice when you provide your Aeroplan number to Aeroplan partner brands and on the Aeroplan eStore
50%
Get 50% more Aeroplan points at Starbucks when you link your TD card with your Starbucks® Rewards account. Conditions Apply.
$100
Get a NEXUS application fee rebate up to $100 (CAD) every 48 months.†
1st
Get your 1st checked bag free for you and up to eight companions† when your travel originates on an Air Canada flight.
10%
Get 10% savings at Avis and Budget in North America, 5% off internationally†
Earn 2 points† for every $1 spent on eligible purchases made directly with Air Canada® including Air Canada Vacations®.
2 points†
Earn 1.5 points† for every $1 you charge to your Card on eligible gas, groceries, travel and dining purchases.
1.5 points†
Earn 1.25 points† for every $1 you charge to your Card on all other purchases.
1.25 points†
Get 6 lounge visits included for each Cardholder per membership year at over 1,200 airport lounges worldwide with DragonPass†
6
Earn points twice when you provide your Aeroplan number to Aeroplan partner brands and on the Aeroplan eStore
2x
Get 50% more Aeroplan points at Starbucks when you link your TD card with your Starbucks® Rewards account. Conditions Apply.
50%
Get a NEXUS application fee rebate up to $100 (CAD) every 48 months.†
$100
Get your 1st checked bag free for you and up to eight companions† when your travel originates on an Air Canada flight.
1st
Get 10% savings at Avis and Budget in North America, 5% off internationally†
10%
20.99%
Purchase APR APR for purchases 20.99%†
22.99%
Cash Advance APR APR for cash advances 22.99%†
$599
Annual Fee Additional Cardholder† $199
2.50%
Foreign Transaction Fee 2.5% of the transaction in CND
Purchase APR
20.99%
Cash Advance APR
22.99%
Annual Fee
$599
Foreign Transaction Fee
2.50%
Best Canadian credit card sign-up bonus
TD First Class Travel® Visa Infinite* Card
4.0
Good
Suggested credit scoreEarn up to $1,000 in value†, including up to 135,000 TD Rewards Points† and no Annual Fee for the first year†. Conditions Apply. Account must be approved by January 6, 2025.
Expires
Jan 6, 2025
Pros
-
Major combined value for the welcome bonus (up to $1,000 in value)†
-
Good base earn rate on all purchases
-
Huge earn rate when you book travel through Expedia® For TD†
-
Very flexible redemption options
-
$100 TD Travel Credit†
-
Visa Infinite Benefits
-
Great savings on annual fees for accountholders of TD’s All-Inclusive Banking Plan
Cons
-
Does not provide free lounge access
-
Charges foreign transaction fees
Eligibility
Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
8 Points
Earn 8 TD Rewards Points† for every $1 you spend through ExpediaForTD†
6 Points
Earn 6 TD Rewards Points† for every $1 you spend on groceries and restaurants.†
4 Points
Earn 4 TD Rewards Points† for every $1 you spend on recurring bill payments.†
2 Points
Earn 2 TD Rewards points for every $1 you spend using your card.†
10% Bonus Points
Earn a Birthday Bonus of 10% of the TD Rewards Points you have earned over the past year, up to a maximum of 10,000 TD Rewards points†.
$100
Get an annual TD Travel Credit when you book at Expedia For TD†
Earn 8 TD Rewards Points† for every $1 you spend through ExpediaForTD†
8 Points
Earn 6 TD Rewards Points† for every $1 you spend on groceries and restaurants.†
6 Points
Earn 4 TD Rewards Points† for every $1 you spend on recurring bill payments.†
4 Points
Earn 2 TD Rewards points for every $1 you spend using your card.†
2 Points
Earn a Birthday Bonus of 10% of the TD Rewards Points you have earned over the past year, up to a maximum of 10,000 TD Rewards points†.
10% Bonus Points
Get an annual TD Travel Credit when you book at Expedia For TD†
$100
20.99%
Purchase APR APR for purchases 20.99%†
22.99%
Balance Transfer Rate APR for balance transfers 22.99%†
22.99%
Cash Advance APR APR for cash advances 22.99%†
$139
Annual Fee Additional cardholder† $50; First year Annual Fee Rebate†
2.50%
Foreign Transaction Fee 2.5% of the transaction in CND
Purchase APR
20.99%
Balance Transfer Rate
22.99%
Cash Advance APR
22.99%
Annual Fee
$139
Foreign Transaction Fee
2.50%
Pros
-
Major combined value for the welcome bonus (up to $1,000 in value)†
-
Good base earn rate on all purchases
-
Huge earn rate when you book travel through Expedia® For TD†
-
Very flexible redemption options
-
$100 TD Travel Credit†
-
Visa Infinite Benefits
-
Great savings on annual fees for accountholders of TD’s All-Inclusive Banking Plan
Cons
-
Does not provide free lounge access
-
Charges foreign transaction fees
Eligibility
Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
8 Points
Earn 8 TD Rewards Points† for every $1 you spend through ExpediaForTD†
6 Points
Earn 6 TD Rewards Points† for every $1 you spend on groceries and restaurants.†
4 Points
Earn 4 TD Rewards Points† for every $1 you spend on recurring bill payments.†
2 Points
Earn 2 TD Rewards points for every $1 you spend using your card.†
10% Bonus Points
Earn a Birthday Bonus of 10% of the TD Rewards Points you have earned over the past year, up to a maximum of 10,000 TD Rewards points†.
$100
Get an annual TD Travel Credit when you book at Expedia For TD†
Earn 8 TD Rewards Points† for every $1 you spend through ExpediaForTD†
8 Points
Earn 6 TD Rewards Points† for every $1 you spend on groceries and restaurants.†
6 Points
Earn 4 TD Rewards Points† for every $1 you spend on recurring bill payments.†
4 Points
Earn 2 TD Rewards points for every $1 you spend using your card.†
2 Points
Earn a Birthday Bonus of 10% of the TD Rewards Points you have earned over the past year, up to a maximum of 10,000 TD Rewards points†.
10% Bonus Points
Get an annual TD Travel Credit when you book at Expedia For TD†
$100
20.99%
Purchase APR APR for purchases 20.99%†
22.99%
Balance Transfer Rate APR for balance transfers 22.99%†
22.99%
Cash Advance APR APR for cash advances 22.99%†
$139
Annual Fee Additional cardholder† $50; First year Annual Fee Rebate†
2.50%
Foreign Transaction Fee 2.5% of the transaction in CND
Purchase APR
20.99%
Balance Transfer Rate
22.99%
Cash Advance APR
22.99%
Annual Fee
$139
Foreign Transaction Fee
2.50%
Best credit card balance transfer offers
Tangerine World Mastercard®
4.0
max 10% back
Welcome offerGood
Suggested credit scoreGet an extra 10% cash back on up to $1,000 in everyday purchases within your first 2 months. Get 1.95% interest on balance transfers for your first 6 months.
Expires
Nov 1, 2024
Pros
-
No annual fee
-
Unlimited money-back rewards
-
High 2% earn rate
-
Exclusive experiences through MasterCard
Cons
-
$60,000 minimum income requirement
-
Travel insurance would be a welcome addition to the travel-related benefits
Eligibility
Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
2%
Earn 2% cash back in two categories of your choice (e.g. groceries, restaurants, gas, entertainment, recurring bill payments and more)
3
Get a Tangerine Savings account and get a 3rd 2% cash back category.
1
Boingo Hotspot membership for Wi-Fi at airports and on planes
1
A DragonPass membership to airport lounges (no passes)
$1000
Mobile device insurance up to $1,0000
$60,000
Purchase assurance and extended warranty protection up to $60,000 lifetime
Earn 2% cash back in two categories of your choice (e.g. groceries, restaurants, gas, entertainment, recurring bill payments and more)
2%
Get a Tangerine Savings account and get a 3rd 2% cash back category.
3
Boingo Hotspot membership for Wi-Fi at airports and on planes
1
A DragonPass membership to airport lounges (no passes)
1
Mobile device insurance up to $1,0000
$1000
Purchase assurance and extended warranty protection up to $60,000 lifetime
$60,000
19.95%
Purchase APR
1.95%
Balance Transfer Rate 1.95% for first 6 months (with a 1% fee) † ;19.95% after that
19.95%
Cash Advance APR
$0
Annual Fee
2.50%
Foreign Transaction Fee
Purchase APR
19.95%
Balance Transfer Rate
1.95%
Cash Advance APR
19.95%
Annual Fee
$0
Foreign Transaction Fee
2.50%
Pros
-
No annual fee
-
Unlimited money-back rewards
-
High 2% earn rate
-
Exclusive experiences through MasterCard
Cons
-
$60,000 minimum income requirement
-
Travel insurance would be a welcome addition to the travel-related benefits
Eligibility
Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
2%
Earn 2% cash back in two categories of your choice (e.g. groceries, restaurants, gas, entertainment, recurring bill payments and more)
3
Get a Tangerine Savings account and get a 3rd 2% cash back category.
1
Boingo Hotspot membership for Wi-Fi at airports and on planes
1
A DragonPass membership to airport lounges (no passes)
$1000
Mobile device insurance up to $1,0000
$60,000
Purchase assurance and extended warranty protection up to $60,000 lifetime
Earn 2% cash back in two categories of your choice (e.g. groceries, restaurants, gas, entertainment, recurring bill payments and more)
2%
Get a Tangerine Savings account and get a 3rd 2% cash back category.
3
Boingo Hotspot membership for Wi-Fi at airports and on planes
1
A DragonPass membership to airport lounges (no passes)
1
Mobile device insurance up to $1,0000
$1000
Purchase assurance and extended warranty protection up to $60,000 lifetime
$60,000
19.95%
Purchase APR
1.95%
Balance Transfer Rate 1.95% for first 6 months (with a 1% fee) † ;19.95% after that
19.95%
Cash Advance APR
$0
Annual Fee
2.50%
Foreign Transaction Fee
Purchase APR
19.95%
Balance Transfer Rate
1.95%
Cash Advance APR
19.95%
Annual Fee
$0
Foreign Transaction Fee
2.50%
Best BMO offers
BMO CashBack® World Elite®* Mastercard®*
4.9
up to 10%
Welcome offerExcellent
Suggested credit scoreGet up to 10% cash back in your first 3 months and the $120 annual fee waived in the first anniversary*.
Expires
Nov 30, 2024
Pros
-
Valuable sign-up bonus
-
High 5% cash back rate on groceries
-
Free roadside assistance
-
Excellent extended warranty and purchase protection terms
Cons
-
Restrictive spending limits for most cash back categories
-
Sign-up bonus structure is head-scratchingly complicated
-
High minimum income requirements
Eligibility
Excellent
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Recommended Credit Score
Excellent
Required Annual Personal Income
$80,000
Required Annual Household Income
$150,000
5%
Groceries: 5% cash back up to $500 spent per month ($25 in cash back)*
4%
Transit: 4% cash back up to $300 spent per month ($12 in cash back)*
3%
Gas: 3% cash back up to $300 spent per month ($9 in cash back)*
2%
Recurring Bills: 2% cash back up to $500 spent per month ($10 in cash back)*
1%
Everything Else: 1% cash back, unlimited*
Groceries: 5% cash back up to $500 spent per month ($25 in cash back)*
5%
Transit: 4% cash back up to $300 spent per month ($12 in cash back)*
4%
Gas: 3% cash back up to $300 spent per month ($9 in cash back)*
3%
Recurring Bills: 2% cash back up to $500 spent per month ($10 in cash back)*
2%
Everything Else: 1% cash back, unlimited*
1%
20.99%
Purchase APR
23.99%
Balance Transfer Rate
23.99%
Cash Advance APR 21.99% for Quebec residents
$120
Annual Fee annual fee waived in the first year*
2.50%
Foreign Transaction Fee
Purchase APR
20.99%
Balance Transfer Rate
23.99%
Cash Advance APR
23.99%
Annual Fee
$120
Foreign Transaction Fee
2.50%
Pros
-
Valuable sign-up bonus
-
High 5% cash back rate on groceries
-
Free roadside assistance
-
Excellent extended warranty and purchase protection terms
Cons
-
Restrictive spending limits for most cash back categories
-
Sign-up bonus structure is head-scratchingly complicated
-
High minimum income requirements
Eligibility
Excellent
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Recommended Credit Score
Excellent
Required Annual Personal Income
$80,000
Required Annual Household Income
$150,000
5%
Groceries: 5% cash back up to $500 spent per month ($25 in cash back)*
4%
Transit: 4% cash back up to $300 spent per month ($12 in cash back)*
3%
Gas: 3% cash back up to $300 spent per month ($9 in cash back)*
2%
Recurring Bills: 2% cash back up to $500 spent per month ($10 in cash back)*
1%
Everything Else: 1% cash back, unlimited*
Groceries: 5% cash back up to $500 spent per month ($25 in cash back)*
5%
Transit: 4% cash back up to $300 spent per month ($12 in cash back)*
4%
Gas: 3% cash back up to $300 spent per month ($9 in cash back)*
3%
Recurring Bills: 2% cash back up to $500 spent per month ($10 in cash back)*
2%
Everything Else: 1% cash back, unlimited*
1%
20.99%
Purchase APR
23.99%
Balance Transfer Rate
23.99%
Cash Advance APR 21.99% for Quebec residents
$120
Annual Fee annual fee waived in the first year*
2.50%
Foreign Transaction Fee
Purchase APR
20.99%
Balance Transfer Rate
23.99%
Cash Advance APR
23.99%
Annual Fee
$120
Foreign Transaction Fee
2.50%
CIBC credit card offers | Cash back
CIBC Dividend® Visa Infinite* Card
4.1
10% back†
Welcome offerGood
Suggested credit scoreGet a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $3,000†.
Pros
-
First-year annual fee rebate
-
10% cash back welcome bonus up to $3,000 spend
-
4% cash back on gas, electric vehicle charging and grocery stores
-
2% cash back on transportation, dining and recurring payments
-
High annual spending cap on benefits ($20,000 in bonus categories or $80,000 total)
Cons
-
High income requirement
-
Sparse travel insurance offering
Eligibility
Good
Recommended Credit Score
$60,000†
Required Annual Personal Income
$100,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000†
Required Annual Household Income
$100,000†
4%
cash back on eligible gas, EV charging, and grocery purchases.†
2%
cash back on eligible transportation, dining purchases and recurring payments†
1%
cash back on all other purchases†
10 cents
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
cash back on eligible gas, EV charging, and grocery purchases.†
4%
cash back on eligible transportation, dining purchases and recurring payments†
2%
cash back on all other purchases†
1%
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
10 cents
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate non-Quebec residents†
22.99%†
Cash Advance APR non-Quebec residents†
$120
Annual Fee First year rebated. Each additional card is $30 per year, max 3.
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$120
Pros
-
First-year annual fee rebate
-
10% cash back welcome bonus up to $3,000 spend
-
4% cash back on gas, electric vehicle charging and grocery stores
-
2% cash back on transportation, dining and recurring payments
-
High annual spending cap on benefits ($20,000 in bonus categories or $80,000 total)
Cons
-
High income requirement
-
Sparse travel insurance offering
Eligibility
Good
Recommended Credit Score
$60,000†
Required Annual Personal Income
$100,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000†
Required Annual Household Income
$100,000†
4%
cash back on eligible gas, EV charging, and grocery purchases.†
2%
cash back on eligible transportation, dining purchases and recurring payments†
1%
cash back on all other purchases†
10 cents
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
cash back on eligible gas, EV charging, and grocery purchases.†
4%
cash back on eligible transportation, dining purchases and recurring payments†
2%
cash back on all other purchases†
1%
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
10 cents
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate non-Quebec residents†
22.99%†
Cash Advance APR non-Quebec residents†
$120
Annual Fee First year rebated. Each additional card is $30 per year, max 3.
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$120
This offer is not available for residents of Quebec.
†Terms and Conditions Apply
The information for the CIBC Dividend® Visa Infinite* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
CIBC credit card offers | Travel
CIBC Aventura® Visa Infinite* Card
4.9
Up to $1,300 value†
Welcome offerGood
Suggested credit scoreJoin and get up to $1,300 in value including a first year annual fee rebate!†
Pros
-
First year annual fee rebate
-
High welcome bonus
-
Easy-to-use points redemption process
-
Nexus application fee rebate
-
Four complimentary lounge passes that can be used at 1,200+ airports
-
Mobile device and extended warranty insurance
Cons
-
Uninspired travel insurance offering
-
Difficult to earn points through daily spending
-
$139 annual fee that’s hard to justify
Eligibility
Good
Recommended Credit Score
$60,000†
Required Annual Personal Income
$100,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000†
Required Annual Household Income
$100,000†
2
points for every $1 spent on travel purchased through the CIBC Rewards Centre†
1.5
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1
point for every $1 spent on all other purchases†
points for every $1 spent on travel purchased through the CIBC Rewards Centre†
2
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1.5
point for every $1 spent on all other purchases†
1
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate for non-Quebec residents†
22.99%†
Cash Advance APR for non-Quebec residents†
$139
Annual Fee First year annual fee rebate!† $50 up to 3 additional cards†
2.50%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$139
Foreign Transaction Fee
2.50%
Pros
-
First year annual fee rebate
-
High welcome bonus
-
Easy-to-use points redemption process
-
Nexus application fee rebate
-
Four complimentary lounge passes that can be used at 1,200+ airports
-
Mobile device and extended warranty insurance
Cons
-
Uninspired travel insurance offering
-
Difficult to earn points through daily spending
-
$139 annual fee that’s hard to justify
Eligibility
Good
Recommended Credit Score
$60,000†
Required Annual Personal Income
$100,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000†
Required Annual Household Income
$100,000†
2
points for every $1 spent on travel purchased through the CIBC Rewards Centre†
1.5
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1
point for every $1 spent on all other purchases†
points for every $1 spent on travel purchased through the CIBC Rewards Centre†
2
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1.5
point for every $1 spent on all other purchases†
1
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate for non-Quebec residents†
22.99%†
Cash Advance APR for non-Quebec residents†
$139
Annual Fee First year annual fee rebate!† $50 up to 3 additional cards†
2.50%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$139
Foreign Transaction Fee
2.50%
This offer is not available for residents of Quebec.
†Terms and Conditions Apply
The information for the CIBC Aventura® Visa Infinite* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Best Amex offers in Canada
American Express Cobalt® Card
4.9
15,000 pts
Welcome offerFair
Suggested credit scoreEarn up to 15,000 Membership Rewards® points
Pros
-
High earn rates (up to 5% return on spending!)
-
Flexible month-by-month fee structure
-
Free supplementary cards
-
1:1 points transfer with selected hotels, airlines and frequent flyer programs
Cons
-
Accelerated earn rates only apply to purchases in Canada (not to purchases made abroad)
-
Amex has a more limited merchant acceptance rate than Visa and Mastercard
-
Slightly higher than average annual fee
Eligibility
Fair
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Fair
Required Annual Personal Income
$0
Required Annual Household Income
$0
5x
Earn 5 times the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
3x
Earn 3 times the points on eligible streaming subscriptions in Canada.
2x
Get 2 times the points on eligible ride shares, transit & gas in Canada.
1x
Earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
1x
Earn 1 point for every $1 in Card purchases everywhere else
$100 USD
Get up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel.
Earn 5 times the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
5x
Earn 3 times the points on eligible streaming subscriptions in Canada.
3x
Get 2 times the points on eligible ride shares, transit & gas in Canada.
2x
Earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
1x
Earn 1 point for every $1 in Card purchases everywhere else
1x
Get up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel.
$100 USD
21.99%
Purchase APR on purchases
21.99%
Cash Advance APR
$155.88
Annual Fee 12.99/month
2.50%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
21.99%
Cash Advance APR
21.99%
Annual Fee
$155.88
Foreign Transaction Fee
2.50%
Pros
-
High earn rates (up to 5% return on spending!)
-
Flexible month-by-month fee structure
-
Free supplementary cards
-
1:1 points transfer with selected hotels, airlines and frequent flyer programs
Cons
-
Accelerated earn rates only apply to purchases in Canada (not to purchases made abroad)
-
Amex has a more limited merchant acceptance rate than Visa and Mastercard
-
Slightly higher than average annual fee
Eligibility
Fair
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Fair
Required Annual Personal Income
$0
Required Annual Household Income
$0
5x
Earn 5 times the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
3x
Earn 3 times the points on eligible streaming subscriptions in Canada.
2x
Get 2 times the points on eligible ride shares, transit & gas in Canada.
1x
Earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
1x
Earn 1 point for every $1 in Card purchases everywhere else
$100 USD
Get up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel.
Earn 5 times the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
5x
Earn 3 times the points on eligible streaming subscriptions in Canada.
3x
Get 2 times the points on eligible ride shares, transit & gas in Canada.
2x
Earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
1x
Earn 1 point for every $1 in Card purchases everywhere else
1x
Get up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel.
$100 USD
21.99%
Purchase APR on purchases
21.99%
Cash Advance APR
$155.88
Annual Fee 12.99/month
2.50%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
21.99%
Cash Advance APR
21.99%
Annual Fee
$155.88
Foreign Transaction Fee
2.50%
Best Amex offer with no annual fee
American Express® Green Card
3.7
10,000 pts
Welcome offerGood
Suggested credit scoreEarn 10,000 Membership Rewards® points1*
Pros
-
No annual fee.
-
No income requirements (unlike many other no-fee cards).
-
Welcome bonus up to 10,000 points (a $200 value).
-
American Express® Experiences.
Cons
-
The card only offers basic extended warranty and purchase protection insurance. No travel insurance or rental car coverage.
-
Some places might not accept American Express®. However, most major retailers do (more small businesses are starting to as well)
-
Fewer perks: No specific benefits for travel or dining and no accelerated earning rates on grocery or travel spending.
-
Lower earn rates: The reward earn rates are lower than some other no-fee credit cards.
Eligibility
Good
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$0
Required Annual Household Income
$0
1 MR point
Earn 1 Membership Rewards point per $1 spent.
1 bonus point
Earn 1 additional MR point for every dollar charged to your card with Amex Travel Online.
Earn 1 Membership Rewards point per $1 spent.
1 MR point
Earn 1 additional MR point for every dollar charged to your card with Amex Travel Online.
1 bonus point
21.99%
Purchase APR
21.99%
Cash Advance APR
$0
Annual Fee No annual fee
0.00%
Foreign Transaction Fee No foreign transaction fee
Purchase APR
21.99%
Cash Advance APR
21.99%
Annual Fee
$0
Foreign Transaction Fee
0.00%
Pros
-
No annual fee.
-
No income requirements (unlike many other no-fee cards).
-
Welcome bonus up to 10,000 points (a $200 value).
-
American Express® Experiences.
Cons
-
The card only offers basic extended warranty and purchase protection insurance. No travel insurance or rental car coverage.
-
Some places might not accept American Express®. However, most major retailers do (more small businesses are starting to as well)
-
Fewer perks: No specific benefits for travel or dining and no accelerated earning rates on grocery or travel spending.
-
Lower earn rates: The reward earn rates are lower than some other no-fee credit cards.
Eligibility
Good
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$0
Required Annual Household Income
$0
1 MR point
Earn 1 Membership Rewards point per $1 spent.
1 bonus point
Earn 1 additional MR point for every dollar charged to your card with Amex Travel Online.
Earn 1 Membership Rewards point per $1 spent.
1 MR point
Earn 1 additional MR point for every dollar charged to your card with Amex Travel Online.
1 bonus point
21.99%
Purchase APR
21.99%
Cash Advance APR
$0
Annual Fee No annual fee
0.00%
Foreign Transaction Fee No foreign transaction fee
Purchase APR
21.99%
Cash Advance APR
21.99%
Annual Fee
$0
Foreign Transaction Fee
0.00%
Scotiabank offers
Scotiabank Passport® Visa Infinite* Card
4.3
up to 35K pts
Welcome offerExcellent
Suggested credit scoreEarn up to $1,100* in value in the first 12 months, including up to 35,000 bonus Scene+ points
Expires
Nov 1, 2024
Pros
-
No FX fees means the card saves you significant expenses on foreign transaction fees
-
Earn up to 3x Scene+ points per $1 spent on eligible purchases
-
Flexible and straightforward redemption program
-
Visa acceptance globally compared to American Express, especially outside major cities.
-
Enjoy six annual visits to airport lounges
-
Robust insurance offerings, including extended travel emergency medical coverage
-
Access to Visa Infinite Program benefits, with added advantages like a free supplementary card
Cons
-
High annual fee
-
Limited rewards categories for earning reward max rate on purchases
-
Primarily best for travel within Canada
Eligibility
Excellent
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Excellent
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
3x
Scene+ points¹ on every $1 you spend at Sobeys, Safeway, IGA, Foodland and participating Co-ops and more
2x
Scene+ points¹ for every $1 you spend on other eligible grocery stores, dining, eligible entertainment purchases and eligible daily transit options (including ride shares, buses, subways, taxis and more)
1x
Scene+ point for every $1 spent on all other eligible everyday purchases
Scene+ points¹ on every $1 you spend at Sobeys, Safeway, IGA, Foodland and participating Co-ops and more
3x
Scene+ points¹ for every $1 you spend on other eligible grocery stores, dining, eligible entertainment purchases and eligible daily transit options (including ride shares, buses, subways, taxis and more)
2x
Scene+ point for every $1 spent on all other eligible everyday purchases
1x
20.99%
Purchase APR
22.99%
Balance Transfer Rate
22.99%
Cash Advance APR
$150
Annual Fee First supplementary Card is $0/year ($50/year on each additional Card)
0.00%
Foreign Transaction Fee
Purchase APR
20.99%
Balance Transfer Rate
22.99%
Cash Advance APR
22.99%
Annual Fee