Finding the right credit card could save you hundreds, if not thousands, of dollars a year.
but this list of best credit cards in Canada is here to help.
🍁Best overall cashback credit cardScotia Momentum Visa Infinite*
Annual fee: $120 (waived for first year)
Interest rates: purchases 20.99%, cash advances 22.99%, balance transfers 22.99%
Earn rate: 4% on gas and recurring bills; 2% on gas and daily transit; 1% on everything elseWelcome offer: You can earn 10% cash back on all purchases for the first 3 months (up to $2,000). requirement: $60,000 or a minimum household income of $100,000Additional benefits: Mobile device insurance, travel emergency medical and travel accident coverage, car rental damage/loss waiver, flight interruption and delayed and lost baggage insurance;
🍁Best rewards cards for everyday spendingAmerican Express Cobalt Card*
Annual fee: $155.88
Interest rates: purchases 20.99%
.Income requirement: $12,000
🍁Best cash back cards For simplicity: American Express SimplyCash Preferred*
Annual fee: $99
Welcome offer: 10% cash back for the first 4 months (up to $400 cash back)Earn rate: 2% cash back on everything you buy
🍁For bonus categories: CIBC Dividend Visa Infinite
Annual fee: $120 (rebated for first year)
Welcome bonus: Get 10% cash back for all purchases on your first four statements, or first $2,500 in purchases (up to $250 in cash back).
🍁Best Visa travel points cards For flat rate: Scotiabank Gold American Express*
🍁For dining and transit: BMO Eclipse Visa Infinite
🍁Best no fee cash back cardTangerine Money-Back Credit Card
🍁Best no-fee card for travel rewardsMBNA Rewards Platinum Plus Mastercard*
🍁Best Aeroplan cardTD Aeroplan Visa Infinite