What’s the best credit card in Canada? With so many cards on the market, it can be difficult to pick a single Visa or Mastercard, let alone one best overall credit card. This is true for two reasons: one, because there are so many cards that it can be overwhelming and two, because (spoiler alert) there isn’t one single one-size-fits-all best card for everyone.

Our list gives you the cards we judge as the best credit cards for Canadians in 12 different categories. We also spend some time breaking down exactly what each kind of card does and listing some questions you should know the answers to before you start seriously looking for a new card. By the end of this article, you should have a solid idea of what kinds of cards are a good bet for you and be well on your way to picking your best credit card in Canada.

Top Canadian Credit Cards: Quick Comparison

Card

Best For

Annual Fee

Min. Income

Interest Rate

(purchases/cash advances)

Learn More

Neo Financial Logo

Neo Financial Mastercard

Best overall credit card

Tiered From $0 to $9.99/mo

None

19.99% / 24.99%

Tangerine Moneyback Mastercard

Tangerine Money-Back Credit Card

Best no-fee cashback credit card

$0

$60,000 personal/ $100,000 household

19.95%

Scotia Momentum Visa Infinite

Scotia Momentum Visa Infinite

Best premium cashback credit card

$120

$60,000 personal/ $100,000 household

20.99% / 22.99%

American Express Cobalt

Amex Coblat

Best points credit card & Best travel credit card

$120

None

19.99% / 22.99%

TD Aeroplan Visa Infinite

TD Aeroplan Visa Infinite

Best Aeroplan credit card

$139

$60,000 personal/ $100,000 household

19.99% / 22.99%

MBNA True Line Gold Mastercard

MBNA True Line Gold Mastercard

Best low interest credit card

$39

None

8.99%

BMO Cashback Mastercard For Students

BMO Student Cashback Mastercard 

Best credit card for students

$0

Proof of some income

19.99% / 22.99%

Scotia Passport Visa Infinite

Scotia Passport Visa Infinite

Best credit card with no foreign exchange fees

$139

$60,000 personal/ $100,000 household

19.99% / 22.99%

CIBC Aventura Visa

CIBC Aventura Visa

Best business credit card

$120

$35,000 personal

19.99% / 22.99%

CIBC Select Visa

CIBC Select Visa

Best credit card for balance transfers

$29

$15,000 household

13.99%

KOHO Premium Visa

KOHO Premium Visa

Best prepaid card

$84

None

N/A

PC Financial World Elite Mastercard

PC Financial World Elite Mastercard

Best store/retail credit card

$0

$80,000 personal/ $150,000 household

20.97% / 22.97%

Best Overall Credit Card For Canadians: Neo Financial

neo financial pricing new

Million Dollar Journey’s Overall Rating: 5/5

Our current pick for the best credit card in Canada is the Neo Financial Mastercard. This cashback card from a digital finance company, Neo, offers unparalleled flexibility, earn rates, and ease of use.

The Neo Financial Mastercard comes in 3 tiers from the no-fee Neo Essential Credit Card to the Neo Max Credit Card, which is billed monthly at $8.99. The cards all offer a good base cashback rate with massive cashback offers from a growing list of Neo partners including Amazon, Spotify, and DoorDash.

A Neo Ultra cardholder can expect an average cashback rate of 6% (sometimes even higher). For a full analysis of the Neo Financial credit card line, check out our Neo Financial Credit Card Review.

Annual Fee: $0-107.88 ($8.99/mo)

Income required: None

Welcome bonus: Welcome bonuses (up to 15% cashback) on first purchases from Neo partner stores.

Earn rate:

  • Earn an average of 4-6% at Neo partners (4% for the no-fee Neo card, up to 6% for the Neo Ultra card)
  • 1% minimum cashback on every purchase

Additional perks/benefits: None

We love: The convenience and ease of use (the Neo app is fantastic), plus the massive cashback bonuses from Neo partners (a list that’s growing!)

Best No-Fee Cashback Credit Card: Tangerine World Mastercard

Million Dollar Journey’s Overall Rating: 4.8/5

With flexible cashback earning, a generous welcome bonus, and decent perks, the Tangerine World Mastercard is the best no annual fee credit card in Canada.

Tangerine gives you 2% cashback on 2 categories of your choice (3 if you open a bank account), plus 10% cash back on the first $1,000 spent on your card. The Tangerine World Mastercard’s flexibility is only matched by the Tangerine Money-Back Credit Card, which has the same earn rates but fewer perks and a lower minimum income. You can find full details at our Tangerine World Mastercard Review.

Annual Fee: $0

Income required: $60,000 personal, $100,000 household

Welcome bonus: 10% cashback for the first $1,000 spent in the first 2 months (up to $100 cashback)

Earn rate:

  • 2% cashback on 2 or 3 categories of your choice
  • 0.5% cashback on everything else

Additional perks/benefits:

  • 90 day purchase assurance
  • Up to 1 year extended warranty coverage
  • Rental car insurance
  • $1,000 mobile device insurance
  • Lounge Key membership (lounge visit fees extra)

We love: The flexible categories and the hefty welcome bonus.

Best Premium Cashback Card: Scotia Momentum Visa Infinite

Million Dollar Journey’s Overall Rating: 4.4/5

With a standard earn rate of 4% cashback on groceries and recurring payments, plus 2% cashback on gas and transit, it’s hard to beat the Scotia Momentum Visa Infinite for a premium cashback card.

This card more than earns its annual fee with its cashback rates, insurance package, and car rental discounts. It’s a great card to have in your wallet if you spend a lot on groceries like I do! You can read all about this card in our Scotia Momentum Visa Infinite review or see how it compares to other cards on our list of premium cashback credit cards for Canadians.

Annual Fee: $120

Income required: $60,000 personal or $100,000 household

Welcome bonus: No annual fee in the first year

Earn rate:

  • 4% cashback on groceries and recurring payments
  • 2% cashback on gas and daily transit
  • 1% cashback on everything else

Additional perks/benefits:

  • Discount on car rentals, travel insurance package,
  • Up to $1,000 mobile device insurance
  • 90-day purchase assurance
  • Up to 1 year extended warranty coverage

We love: The excellent earn rate on groceries and subscriptions like Netflix.

Best Points Card in Canada + Best Travel Credit Card: Amex Cobalt

Million Dollar Journey’s Overall Rating: 4.6/5

The Amex Cobalt is such a favourite with our editorial team that it won in two categories. The earn rate on the Amex Cobalt is truly excellent, but what makes it stellar as both a points card and a travel credit card is the ability to transfer points to airline loyalty programs like Aeroplan at a 1:1 ratio.

This means that, instead of earning 1.5 Aeroplan points per dollar spent on grocery purchases with an Aeroplan card, you can use the Amex Cobalt and then transfer the points, receiving 5 points per dollar spent. The Amex Cobalt also has excellent perks and insurance coverage and a major welcome bonus, making it well worth the monthly fee of $12.99/month. You can read more about this card in our Amex Cobalt review or our breakdown of the best Canadian travel credit cards.

Annual Fee: $155.88 ($12.99/month)

Income required: None

Welcome bonus: Up to 50,000 bonus points (20,000 when you spend $3,000 in the first 3 months, 2,500 points for each month where you spend $500 on your card in the first year)

Earn rate:

  • 5 points per dollar spent on restaurants, grocery stores, and delivery/takeout
  • 3 points per dollar spent on select streaming subscriptions
  • 2 points per dollar spent on gas, travel, and transit
  • 1 point per $1 spent on everything else

Additional perks/benefits:

  • Comprehensive travel insurance package
  • Mobile device insurance
  • The Hotel Collection (up to $100 USD to use on hotel amenities when charged to the room, a one-category room upgrade at check-in, when available)

We love: The spectacular earn rate and the ability to transfer points to a loyalty program like Aeroplan.

Best Aeroplan Card: TD Aeroplan Visa Infinite

Million Dollar Journey’s Overall Rating: 4.2/5

While we’re ecstatic about the Amex Cobalt’s ability to rack up the Aeroplan points fast, the fact is that Amex isn’t accepted everywhere. That’s why the TD Aeroplan Visa Infinite is a great card to have in your collection. It earns you 1.5 Aeroplan points for every dollar spent on gas, groceries, and Air Canada travel and gives you the opportunity to earn points twice at Aeroplan partner stores.

With good insurance coverage, a NEXUS fee rebate, and a free checked bag on every flight, the TD Aeroplan Visa Infinite is the perfect card for someone who travels Air Canada (or other Star Alliance airlines) frequently. You can read more by reading our the TD Aeroplan Visa Infinite review, or learn all about how the Aeroplan program works in our list of the Best Aeroplan Cards in Canada.

Annual Fee: $139

Income required: $60,000 personal or $100,000 household

Welcome bonus:

First year fee rebated, earn up to 25,000 Aeroplan points plus a bonus Buddy Pass (earn 10,000 points with first purchase, and 15,000 plus the Buddy Pass when you make $1,000 worth of purchases in the first 90 days (residents of Quebec simply need to keep the account open and in good standing)

Earn rate:

  • 1.5 Aeroplan points for every $1 spent on gas, grocery, and Air Canada purchases
  • 1 point per $1 spent everywhere else
  • Earn points twice at Aeroplan partner locations

Additional perks/benefits:

  • First checked bag free
  • Travel insurance package including 4 days of emergency medical insurance for travellers 65 and up
  • Discounts on car rentals
  • NEXUS fee rebate

We love: The NEXUS fee rebate every 48 months and the generous welcome bonus that doesn’t require a huge amount of spending. 

Best Low Interest Credit Card: MBNA True Line Gold Mastercard

Million Dollar Journey’s Overall Rating: 4/5

If you know you’re prone to carry a balance, you may want to consider a low interest credit card like the MBNA True Line Gold Mastercard. This card is no-frills compared to most of the cards featured on this list, but it gives you something that the others don’t: a comparatively minuscule 8.99% interest rate on purchases and balance transfers.

Depending on the size of the balance you’re carrying, this card can save you hundreds of dollars a year, far more than the cost of the annual fee. If you want to learn more about this card and the other low interest cards on the market, check out our list of the Best Low Interest Credit Cards in Canada.

Annual Fee: $39

Income required: None

Welcome bonus: None

Earn rate: N/A

Additional perks/benefits:

  • Purchase assurance
  • Extended warranty benefits
  • Discounts on car rentals

We love: The staggeringly low interest rate

Best Student Credit Card: BMO Cashback Mastercard for Students

Million Dollar Journey’s Overall Rating: 4.2/5

There are excellent cards on the market that are designed for students, but our favourite is the BMO Cashback Mastercard for Students. This no-fee cashback card gives you 3% cashback on groceries and 1% cashback on recurring payments, all without requiring a specific minimum income.

Between the earn rate and the welcome bonus, the BMO Cashback Mastercard for Students is absolutely worth a look. You can read more about this card, and our other favourite student credit cards, on our list of the Best Student Credit Cards in Canada.

Annual Fee: $0

Income required: None

Welcome bonus:

5% cashback in your first 3 months (up to $125 total)

Earn rate

  • 3% cashback on grocery purchases
  • 1% cashback on recurring bill payments
  • 0.5% cashback on everything else

Additional perks/benefits:

  • Purchase assurance
  • Extended warranty benefits
  • Discounts on car rentals and Cirque du Soleil tickets

We love: The decent earn rate and excellent welcome bonus.

Best Credit Card with No FX Fee: Scotia Passport Visa Infinite

Million Dollar Journey’s Overall Rating: 3.9/5

If you travel internationally, it’s always a good idea to have a card in your wallet that doesn’t charge you a fee for foreign transactions. The Scotia Passport Visa Infinite is our favourite card for international travel.

With comprehensive travel insurance coverage, no foreign exchange fees, and 6 complimentary airport lounge visits per year, this is an ideal card for the international traveller. You can read more about the Scotia Passport Visa Infinite in our list of the best cards with no foreign transaction fees.

Annual Fee: $139

Income required: $60,000 personal/ $100,000 household

Welcome bonus:

  • Up to 40,000 Scotia Rewards points in your first year
  • First year’s fee waived
  • 5x the points on travel in the first 3 months (up to $2,500 in purchases)

Earn rate:

  • 2 points per dollar spent on groceries, dining, entertainment, and transit
  • 1 point per dollar spent on everything else

Additional perks/benefits:

  • Travel insurance package
  • No foreign transaction fees
  • Complimentary Priority Pass membership with 6 complimentary airport lounge visits
  • Car rental discount

We love: The complimentary lounge passes and the travel emergency medical insurance (25 days of coverage for travellers under 65).

Best Business Credit Card: CIBC Aventura Visa for Business

Million Dollar Journey’s Overall Rating: 3.8/5

Business credit cards are an essential means of keeping business and personal expenses separate and avoiding accounting headaches, and the CIBC Aventura Visa for Business is an excellent one. This card offers accelerated earning on travel and travel-related expenses and its selection of perks is perfectly designed for business travel.

With the potential for a massive welcome bonus and a clear application process for every kind of business from sole proprietor to corporation laid out on their site, the CIBC Aventura Visa for Business is an ideal candidate for your business spending. You can read more about this card and all of our favourite business credit cards on our list of the Best Business Credit Cards in Canada.

Annual Fee: $120

Income required: $35,000 individual

Welcome bonus:

Up to 60,000 Aventura Points (20,000 with first purchase, a bonus 5,000 points, and 35,000 anniversary points when you spend $65,000 or more during the first year)

Earn rate:

  • 2 points for every $1 spent on travel purchased through the CIBC Rewards Centre
  • 1.5 points for every $1 on gas and travel spending (flights, hotel stays, car rentals, travel agencies)
  • 1 point per $1 spent on everything else

Additional perks/benefits:

  • Comprehensive travel insurance package
  • Aventura travel assistant

We love: The welcome bonus, plus the ability to transfer Aventura points between your personal and business credit card accounts.

Best Balance Transfer Credit Card: CIBC Select Visa

Million Dollar Journey’s Overall Rating: 3.6/5

If you’re carrying a large balance on a card with a 19.99% interest rate, you’re basically throwing money away every month. A balance transfer card like the CIBC Select Visa can help you get out of debt faster by giving you a promotional interest rate when you open the card and transfer your balance.

The CIBC Select Visa has the best promotional balance transfer rate we’ve seen, giving you up to 10 months at 0% interest, with a 1% balance transfer fee. It’s also a lower interest card, which means once that promotional period ends, you’re still only paying 13.99% interest—and that can still save you money! You can read more about the CIBC Select Visa and our other favourite low interest cards on our list of the Best Low Interest Cards in Canada.

Annual Fee: $29

Income required: $15,000 household

Welcome bonus:

  • First year annual fee rebate
  • Transfer your credit card balance and get 0% interest for up to 10 months with a 1% transfer fee.

Earn rate: N/A

Additional perks/benefits:

  • Common Carrier travel accident insurance
  • Savings on gas with Journie rewards

We love: That introductory balance transfer rate, plus the low overall interest rate.

Best Prepaid Card: KOHO Premium Prepaid Visa

Million Dollar Journey’s Overall Rating: 3.2/5

If you want the convenience of a Visa card without the debt, the KOHO Premium Prepaid Visa is a great option. It gives you cashback on your purchases and acts like a cross between a Visa card and a debit card—you deposit money into your KOHO account and then spend it using your Visa card.

We appreciate the cashback rewards and the perks that the premium version of KOHO gives us, although the no-fee KOHO Visa is also excellent. You can read more about this card, and all our favourite prepaid cards, in our list of the Best Prepaid Credit Cards in Canada.

Annual Fee: $84 annually (or $9 monthly)

Income required: N/A

Welcome bonus: A bonus 0.5% cashback for the first 90 days

Earn rate:

  • 2% cashback on groceries, dining, and transportation
  • 0.5% cashback on everything else

Additional perks/benefits:

  • Price protection
  • No foreign transaction fees
  • Free financial coaching

We love: The premium experience (higher cashback earnings, some perks) plus the accessibility of this card.

Best Store / Retail Credit Card: PC Financial World Elite Mastercard

Million Dollar Journey’s Overall Rating: 4.2/5

A retail credit card is a great way to earn points towards discounts at your favourite stores. Our choice for the best store credit card is the PC Financial World Elite Mastercard.

The only no-fee World Elite Mastercard on the market, the PC Financial Word Elite Mastercard gives you high rates of earning at Loblaws-owned grocery chains, Esso and Mobil gas stations, and an immense earn rate on all purchases at Shoppers Drug Mart. If you want to rack up PC Optimum points with every purchase, this is an excellent choice

Annual Fee: $0

Income required: $80,000 personal/$150,000 household

Welcome bonus: 0.97% interest on new account balance transfers for the first 6 months.

Earn rate:

  • 30 points per dollar spent at Loblaws grocery chains (Superstore, No Frills, Dominion, Independent, Wholesale Club) Esso, Mobil, and PC Travel
  • 45 points per dollar spent at Shoppers Drug Mart
  • 10 points per dollar spent everywhere else

Additional perks/benefits:

  • Travel emergency medical insurance
  • Rental car insurance

We love: The high earn rates and the fact that this is the only no-fee World Elite Mastercard in Canada.

How did we compare and pick these credit cards?

With over a hundred credit cards on the market today, picking the best is more complicated than considering one or two features in a handful of cards. In order to come up with our favourites in each category, we compared a number of features:

  • The company: We consider all credit card companies to make sure that they’re worthy of your trust. That doesn’t mean we stick to the big banks, but it does mean that we make sure every card we recommend comes from a company that is regulated and licensed, that hasn’t had any major issues in the news, and that doesn’t have overwhelmingly negative customer reviews.
  • Rates and requirements: Next, we read the fine print and crunch the numbers:
  1. How much does the card cost?
  2. What kind of limits do they place on card eligibility?
  3. What are the interest rates and minimum credit limits?
  4. We get a sense of the money that you’ll be paying the credit card lender every month—and the penalties you’ll incur if you fail to pay them!
  • Features and rewards: Even the most streamlined card has something it does well. We look at the earn rates, welcome bonuses, balance transfer rates, perks, and insurance packages to find the cards that provide the most value.
  • Customer experiences: We look at the overall spread of customer reviews online. Are they mostly positive? We’ll consider that a point in their favour. Are they shockingly negative? While a few negative reviews are inevitable with even the best cards, we take note if a crowd of customers are complaining about the same thing.

Types of Credit Cards: How to Choose the Right One for You

When you’re looking at the range of available credit cards in Canada, it helps to have a clear idea of what the terminology means. Here are the various kinds of cards we mention in our list:

Rewards Credit Cards

Rewards credit cards give users something (generally either points or cashback) every time they use the card. There are 3 main types of rewards cards:

Cashback Credit Cards

For every dollar you charge to a cashback credit card, you receive a small amount of cash back (usually between 0.5 and 4 cents per dollar spent, but with welcome bonuses and special promotions, the total can be higher).

Cashback cards generally offer accelerated earning in certain categories (like the Scotia Momentum Visa Infinite) or at certain retailers (like the Neo Financial Credit Card), with a smaller base rate of earning for everything else. Some cashback cards allow you to cash out your rewards at any time, while others allow you to cash out monthly or annually.

These cards are usually divided into 2 categories: no-fee (free) cashback and premium cashback cards. It’s important to read the fine print when you’re considering which card to apply for so you know when and how you can redeem your rewards.

Travel Credit Cards

Travel credit cards reward cardholders with points or miles in exchange for purchases. These points/miles can then be redeemed for travel-related purchases (flights, hotel stays, vacation packages, etc.—it can vary by card).

Many cards offer different points systems with different redemption values, but if you do your research, they can deliver major savings on travel. Travel cards often tailor their packages with travel in mind, so expect to see travel insurance, lounge access, and free checked bags on the lists of perks.

Store/ Retail Credit Cards

Store credit cards earn points that can be redeemed for discounts at a specific store or collection of stores. They often complement existing loyalty programs (think Cineplex’s SCENE program, Loblaws’s PC Optimum program, or Canadian Tire’s Triangle program, all of which have basic in-store points cards in addition to credit cards) and allow cardholders to earn points with any purchase, anywhere instead of purchases at loyalty program retailers only.

Low Interest Credit Cards

Low interest credit cards offer lower annual interest rates and are ideal for cardholders who carry a balance. With rates as low as 8.99% (a whopping 11% less than the average annual rate), low interest cards can save cardholders hundreds of dollars annually.

These cards tend to be no-frills cards that offer few, if any, rewards or perks. They’re focused on doing one thing well—and that thing is saving cardholders money on interest rates.

Balance Transfer Credit Cards

Balance transfer credit cards are designed to help cardholders transfer outstanding balances from high interest cards to lower interest cards.

A good balance transfer card will often offer a special rate (as low as 0%) for several months to give potential cardholders some help in paying down their debt. Balance transfer cards are another no-frills category of card, but if you’re carrying a balance, they can be exactly the card you need.

Student Credit Cards

Student credit cards are entry-level cards designed for students and anyone without a credit score. They have fewer requirements for eligibility than standard credit cards do, and generally don’t have an annual fee.

They also tend to have lower earn rates and fewer perks than standard cards, although they do often offer both, unlike many low interest or balance transfer cards.

Prepaid Cards

Prepaid cards are not actually credit cards at all. Cardholders load their account with funds and then use the card to spend them. Like any bank account, the money you spend comes out of the money in your account.

Prepaid credit cards do not involve the extension of credit (a loan) to cardholders, and prepaid card companies do not report to credit bureaus. This means that prepaid cards do not affect your credit score at all. These cards can still be useful, especially in cases of poor or no credit.

Things to Think About When Deciding What Card You Want

Questions like “What is the absolute best credit card in Canada” seem like they should have a straightforward answer, but the truth is they don’t. While we’ve picked a best overall card for this post, the fact is that there isn’t a single absolute best credit card for everyone.

The best credit card in Canada…is going to be the one that’s best for you. We’ve taken the time to sift through the various categories and pick out a collection of objectively excellent cards so you have a good idea of the market—but before you start applying, you need to figure out your own priorities. Here are some questions to help you get clear on what you’re looking for:

  • How much are you willing to pay annually? (there’s a range of cards on the market from no-fee credit cards to $599/year)
  • What’s your personal/household income? (Different cards have different income requirements. $15,000, $60,000, and $80,000 are common)
  • Are you looking for a rewards card? If so, would you prefer cashback, travel rewards, or in-store discounts?
  • Are you looking for a card with a welcome bonus?
  • How much are you prepared to spend to earn a welcome bonus? (Make sure you read the fine print—you often have to make significant purchases to earn your bonus rewards)
  • What categories of purchases do you spend the most on? (Different rewards cards offer accelerated earnings on different categories)
  • Do you travel a lot? Domestically or internationally? (If you often travel internationally, a card with no foreign exchange fees is a good idea)
  • Are there any specific perks/benefits you’re looking for?
  • Do you tend to carry a balance?
  • Do you currently have a significant balance that you want to transfer?

Your answers to these questions will determine which of the cards we’ve listed will be the best bet for you.

What’s in My Wallet: 2021 Update

Now that we’ve given you the rundown on the best cards in 12 categories, here’s something completely different: a list of what I’m carrying in my wallet right now (check out our article on Multiple Credit Card Strategies for tips on how to build a collection of credit cards and maintain a good credit score).

I carry a portfolio of 3 credit cards. Each one has something different to offer, and keeping the balances low on each of them helps me keep my cards active and my credit utilization rate low.

1. Scotia Momentum Visa Infinite – The Scotia Momentum Visa Infinite is a great premium card that gives me cashback on gas and groceries (I have a teenager, and my husband commutes across the city daily. Our gas and grocery bills are immense, and I appreciate the cashback option).

2. BMO Air Miles World Elite Mastercard – My family loves to travel, and we shop at Sobeys fairly often. I like to use the BMO Air Miles World Elite Mastercard to take advantage of the accelerated earning at Air Miles partner locations. Also, a Mastercard comes in handy for Costco runs (see above re: a teenager and my grocery bills)

3. Scotia SCENE Visa – my husband and I are big movie fans, so whenever we go on a movie date, we use my Scotia SCENE Visa to collect SCENE points. I love a card that rewards us for having fun!

I’m considering adding the Neo Financial Mastercard to my wallet to take advantage of the cashback promotions they offer on purchases from partner stores. I would probably choose the no-fee option, as I have two premium cards in my wallet already, but at only $9.99/month, I might be seduced by the Neo Ultra. I still have more research to do!

Canadian Credit Cards FAQ

Final Thoughts

Canada has a fantastic range of credit cards on the market in 2021. From cashback to retail rewards, from no-fee to premium, there’s a card for anyone. We went through the fine print on the top credit cards in Canada to help you figure out which one is right for you.

As our loyal readers have probably noticed by now, we spent the best part of this year researching and diving deeper into the credit card industry. Our team of experts constantly test all Canadian credit cards and compare them to one another, in an effort to provide you with the most objective and spot-on analysis.

We’ll continue to update our content constantly to make sure you get the most fresh and accurate information, but in the meantime, if you had a different experience with one of these cards, think we missed out on a great product, or simply have any questions or feedback – feel free to leave a comment below or contact us directly!

As it stands now, our new favourite card is the Neo Financial credit card, but any of the cards on this list could be your perfect fit. We’ve narrowed down a top 12 – now you can figure out exactly what you need and go for it. Everyone deserves a card that feels like the best credit card in Canada.

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Meg

Meg Goodmanson is a writer, editor, virtual assistant, credit card expert, and lifelong learner-of-things. A self-proclaimed nerd, Meg’s favourite thing is collecting information and presenting it in an interesting and helpful way—especially if it helps her travel for free!
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Jeremy
10 days ago

The Koho Premium recommendation could be improved by noting that there needs to be a $350 spend per month on food & transportation to make it break even with the free one. Also for the PC Financial World Elite it should be pointed out what the ‘points’ translate to in terms of % so that it can be compared apples-to-apples. Are you sure about “the only no-fee World Elite Mastercard in Canada.” ? I thought Canadian Tire’s World Elite was no-fee as well.