Best credit cards in Canada

• 2%in up to three customizable categories
• 0.5%all other purchases

Annual fee

$0

Purchase interest

20.95%

Income needed

$12,000

Foreign transaction fee

2.50%

Welcome offer: Earn 10% cash back for 2 months (Up to $100). Offer ends November 30, 2026.

• Free Authorized Users
• Purchase Assurance and Extended Warranty
• Mobile Device Insurance
• Rental Car Collision/ Loss Damage Insurance

• 4%grocery and recurring payments
• 2%Gas Stations, Electric Vehicle Charging (EV), Transit, Rideshare and Food Delivery
• 1%all other purchases

Annual fee

$120

Purchase interest

20.99%

Income needed

$60,000 - $80,000 personal or $100,000 - $150,000 household

Welcome offer: 15% cash back on all purchases for the first 3 months up to $2,000. Offer ends November 1, 2026.

• Up to $1 million CAD in travel emergency medical insurance
• Up to $1,000 CAD mobile device insurance
• Up to $1,500 per person trip cancellation insurance
• Complimentary 10GB of GigSky global mobile data

• 4%eligible gas, electric vehicle charging, and groceries
• 2%transportation, dining, recurring payments and eligible travel purchases made through CIBC by Expedia
• 1%everything else

Annual fee

$120

Income needed

$60,000 individual, or $100,000 household

Welcome offer: up to $350 in value.

• Mobile Device Insurance and Out-of-Province Emergency Travel Medical Insurance
• Save up to 10 cents per litre on gas with Journie Rewards
• Visa Infinite program benefits including concierge services
• Up to 30% off Avis and up to 35% off Budget

• 2%groceries
• 1%eligible gas, electric vehicle charging, transportation, dining, recurring payments and eligible travel purchases made through CIBC by Expedia
• 0.5%everything else

Annual fee

$0

Income needed

$15,000 minimum annual household income

• Purchase Security and Extended Warranty Insurance
• Save up to 10 cents per litre at participating gas stations with Journie Rewards
• $0 transfer fee for sending money abroad
• Free Skip+ membership

• 5X pointseats & drinks
• 3X pointsstreaming subscriptions
• 2X pointsgas, transit & ride share
• 1X pointseverything else
• 1 additional pointAmex Travel Online

Annual fee

$191.88 annually

Purchase interest

21.99%

Welcome offer: Earn up to 15,000 Membership Rewards points by earning 1,250 Membership Rewards points for each monthly billing period in which you spend $750 on your Card in your first year..

• Front Of The Line presale and reserved tickets
• special benefits when you stay 2 or more consecutive nights with The Hotel Collection
• up to $60 in statement credits with Instacart
• Mobile coverage

• 5 pointseligible restaurant, grocery, digital media, membership, and household utility purchases
• 1 pointall other eligible purchases
• 10%Birthday Bonus Points equal to 10% of the total number of Points the Account earned in the 12 months before the month of the primary cardholder's birthday

Annual fee

$120

Purchase interest

21.99%

Income needed

$80,000 personal or $150,000 household

Welcome offer: Earn up to 30,000 bonus MBNA Rewards Points.

• Collision Damage Waiver Benefits providing coverage for up to 31 consecutive days
• Travel Medical Insurance up to $2 million of coverage for the first 21 days
• Delayed and Lost Baggage Insurance up to $1,000 in coverage
• Flight/Trip Delay Insurance up to $500 in coverage if flight/trip is delayed for over 4 hours

• 3 points per $1Sobeys, Safeway, IGA, Foodland, Foodland & Participating Co-ops, FreshCo, Chalo! FreshCo, Thrifty Foods, Rachelle Béry, Les Marchés, Voilà by Sobeys, Voilà by Safeway and Voilà par IGA locations
• 2 points per $1all other grocery (not listed above), dining, entertainment, and daily transit purchases
• 1 point per $1eligible travel purchases
• 1 point per $1all other purchases of goods and services

Annual fee

$150 (Waived)

Purchase interest

20.99%

Income needed

Minimum income of $60,000 to $80,000 per year, a minimum household income of $100,000 to $150,000 or more, or a minimum of $250,000 to $300,000 or more assets under management

Foreign transaction fee

No fee

• 10GB GigSky global mobile data for 15 consecutive days every year
• $2 million CAD in Travel Emergency Medical Insurance
• Rental Car Collision/Loss Damage Insurance

• 1.5 points for every $1eligible gas, electric vehicle charging, grocery and direct through Air Canada® purchases
• 1.5 points for every eligible $1participating Hyatt hotels and resorts
• 1 point for every $1all other eligible purchases

Annual fee

$139 (Rebated for the first year)

Purchase interest

21.99%

Income needed

$60,000 annual personal income or $100,000 annual household income

Welcome offer: Up to $1,550 in value including up to 50,000 Aeroplan points and receive an Annual Fee rebate for the first year.

• NEXUS application fee rebate (up to $100 CAD)
• Travel Medical Insurance up to $2 million of coverage for the first 21 days
• Mobile Device Insurance up to $1,000 of coverage