Best Credit Cards in Canada (June 2025)

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The best credit cards, similar to many other aspects of personal finance, can be highly subjective to each individual. All Canadians have different needs when it comes to credit card products, and different desires in what their credit cards offer.

That being said, we are lucky to have access to some excellent credit cards in Canada, and some that we would consider universally good, whether they can be classified in this category as a result of a strong welcome bonus or the benefits that they offer cardholders. The cards we have listed in this article are ones we would recommend to all of our readers, as they stand far above many of their competitors.

Let’s take a look at the best credit cards in Canada for June 2025.

Best Credit Cards in Canada by Financial Institution for June 2025

When it comes to the best credit cards in Canada, six main financial institutions offer the majority of available credit cards: American Express, Bank of Montreal, CIBC, Royal Bank of Canada, Scotiabank, and TD.

Best American Express Credit Cards

American Express credit cards have no income requirements and many of them allow cardholders to earn valuable American Express Membership Rewards points which can be transferred to several frequent flyer and hotel loyalty programs.

Frugal Flyer’s favorite American Express credit card is the American Express Cobalt card as it earns 5x Membership Rewards points on all food and drink purchases, including restaurant and grocery store purchases.

American Express Cobalt Card
Apply Now Learn More
American Express Cobalt Card

The American Express Cobalt card gives cardholders the opportunity to earn 5x Membership Rewards on eligible restaurant, food delivery, and grocery store purchases.

In 2025, we selected this card to receive the award Best Points Credit Card for Grocery Purchases.

Check out our American Express Cobalt card review for more details.

BONUS
15,000 Membership Rewards
MINSPEND
$9,000
EST. VALUE
$330+
ANNUAL FEE
$156
FOREX FEES
Yes
EXPIRY

Below are the top five American Express credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now American Express Business Platinum Card American Express Business Platinum Card
200,000 Membership Rewards
Estimated value: $4,400
 Ends Aug 18, 2025
Apply Now
Apply Now American Express Platinum Card American Express Platinum Card
180,000 Membership Rewards
Estimated value: $3,960
 Ends Aug 18, 2025
Apply Now
Apply Now American Express Aeroplan Business Reserve Card American Express Aeroplan Business Reserve Card
140,000 Aeroplan
Estimated value: $2,940
 Ends Aug 18, 2025
Apply Now
Apply Now American Express Aeroplan Reserve Card American Express Aeroplan Reserve Card
130,000 Aeroplan
Estimated value: $2,730
 Ends Aug 18, 2025
Apply Now
Apply Now American Express Gold Rewards Card American Express Gold Rewards Card
110,000 Membership Rewards
Estimated value: $2,420
 Ends Aug 18, 2025
Apply Now

Click here to see all American Express credit cards in our credit card browser.

Best Bank of Montreal (BMO) Credit Cards

BMO credit cards offer cardholders the opportunity to earn their in-house loyalty currency, BMO Rewards, in addition to a few cards that earn VIPorter points or AIR MILES.

Frugal Flyer’s favorite BMO credit card is the BMO VIPorter World Elite Mastercard as it has a welcome bonus of 70,000 VIPorter Points. The card also comes with complimentary Venture Membership status, which includes a free checked bag, free carry-on bag (regardless of fare), free PorterClassic seat selection, priority check-in/security/boarding, and more.

BMO VIPorter World Elite Mastercard
Apply Now Learn More Earn $125 in FlyerFunds upon approval.
BMO VIPorter World Elite Mastercard

The BMO VIPorter World Elite Mastercard offers benefits including VIPorter Venture membership and the opportunity to earn an annual round-trip companion pass through spending.

BONUS
70,000 VIPorter Points
MINSPEND
$18,000
EST. VALUE
$1,175+
ANNUAL FEE
$199 (FYF)
FOREX FEES
Yes
EXPIRY
Jan 31, 2026

Below are the top five BMO credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now BMO AIR MILES World Elite Business Mastercard BMO AIR MILES World Elite Business Mastercard
8,000 AIR MILES and $75 FlyerFunds
Estimated value: $1,275
 Ends Jun 12, 2026
Apply Now
Apply Now BMO VIPorter World Elite Mastercard BMO VIPorter World Elite Mastercard
70,000 VIPorter Points and $125 FlyerFunds
Estimated value: $1,175
 Ends Jan 31, 2026
Apply Now
Apply Now BMO AIR MILES World Elite Mastercard BMO AIR MILES World Elite Mastercard
7,000 AIR MILES and $75 FlyerFunds
Estimated value: $1,125
 Ends Jun 1, 2026
Apply Now
Apply Now BMO eclipse Visa Infinite Privilege Card BMO eclipse Visa Infinite Privilege Card
120,000 BMO Rewards and $100 FlyerFunds
Estimated value: $904
 Ends Jan 31, 2026
Apply Now
Apply Now BMO Ascend World Elite Business Mastercard BMO Ascend World Elite Business Mastercard
100,000 BMO Rewards and $75 FlyerFunds
Estimated value: $745
 Ends Dec 13, 2025
Apply Now

Click here to see all BMO credit cards in our credit card browser or learn how you can earn cash back rebates on BMO credit cards.

Best CIBC Credit Cards

CIBC credit cards earn a few different miles and points currencies, including CIBC Aventura points and Air Canada Aeroplan points.

Frugal Flyer’s favorite CIBC credit card is the CIBC Aventura Visa Infinite card as it offers a welcome bonus of 35,000 Aventura points which can be redeemed via the CIBC Shopping with Points feature for travel purchases at a rate of 1 cent per point!

CIBC Aventura Visa Infinite Card
Apply Now Learn More
CIBC Aventura Visa Infinite Card

The CIBC Aventura Visa Infinite card offers benefits that include a $100 NEXUS statement credit and four annual airport lounge passes.

Check out our CIBC Aventura Visa Infinite card review for more details.

BONUS
35,000 Aventura
MINSPEND
$3,000
EST. VALUE
$770+
ANNUAL FEE
$139 (FYF)
FOREX FEES
Yes
EXPIRY

Below are the top five CIBC credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now CIBC Aeroplan Visa Infinite Privilege Card CIBC Aeroplan Visa Infinite Privilege Card
85,000 Aeroplan
Estimated value: $1,785
Apply Now
Apply Now CIBC Aventura Visa Infinite Privilege Card CIBC Aventura Visa Infinite Privilege Card
80,000 Aventura
Estimated value: $1,760
Apply Now
Apply Now CIBC Aeroplan Visa Infinite Card CIBC Aeroplan Visa Infinite Card
45,000 Aeroplan
Estimated value: $945
Apply Now
Apply Now CIBC Aventura Gold Visa Card CIBC Aventura Gold Visa Card
35,000 Aventura
Estimated value: $770
Apply Now
Apply Now CIBC Aventura Visa Infinite Card CIBC Aventura Visa Infinite Card
35,000 Aventura
Estimated value: $770
Apply Now

Click here to see all CIBC credit cards in our credit card browser.

Best MBNA Credit Cards

Frugal Flyer’s favorite MBNA credit card is the MBNA Rewards World Elite Mastercard as it offers a welcome bonus of 30,000 MBNA Rewards points which can be redeemed towards travel and more.

The MBNA Rewards World Elite Mastercard also earns 5x MBNA Rewards for every dollar spent on restaurant, grocery, digital media, memberships, and household utility purchases (up to $50,000 in annual purchases per category).

MBNA Rewards World Elite Mastercard
Apply Now Learn More Earn $125 in FlyerFunds upon approval.
MBNA Rewards World Elite Mastercard

The MBNA Rewards World Elite Mastercard earns 5x MBNA Rewards points on restaurant, grocery, digital media, memberships, and household utility purchases.

Check out our MBNA Rewards World Elite Mastercard review for more details.

BONUS
30,000 MBNA Rewards
MINSPEND
$2,000
EST. VALUE
$425+
ANNUAL FEE
$120
FOREX FEES
Yes
EXPIRY

Below are the top three MBNA credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now MBNA Rewards World Elite Mastercard MBNA Rewards World Elite Mastercard
30,000 MBNA Rewards and $125 FlyerFunds
Estimated value: $425
Apply Now
Apply Now MBNA Rewards Platinum Plus Mastercard MBNA Rewards Platinum Plus Mastercard
10,000 MBNA Rewards and $75 FlyerFunds
Estimated value: $175
Apply Now
Apply Now MBNA True Line Mastercard MBNA True Line Mastercard
0 None and $75 FlyerFunds
Estimated value: $75
Apply Now

Click here to see all MBNA credit cards in our credit card browser or learn how you can earn cash back rebates on MBNA credit cards.

Best Neo Financial Credit Cards

Frugal Flyer’s favorite Neo Financial credit card is the Neo Cathay World Elite Mastercard as it offers a welcome bonus of 60,000 Asia Miles, which can be redeemed towards flights on Cathay Pacific or any of their partner airlines.

Neo Cathay World Elite Mastercard
Apply Now Learn More Earn $100 in FlyerFunds upon approval.
Neo Cathay World Elite Mastercard

The Neo Cathay World Elite Mastercard earns an average of 5x Asia Miles on purchases at thousands of Neo partners, 4x Asia Miles on Cathay Pacific flights, and 2x Asia Miles on foreign currency purchases.

Check out our Neo Cathay World Elite Mastercard review for more details.

BONUS
60,000 Asia Miles
MINSPEND
$5,000
EST. VALUE
$1,060+
ANNUAL FEE
$180
FOREX FEES
Yes
EXPIRY

Below are the top five Neo Financial credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Neo Cathay World Elite Mastercard Neo Cathay World Elite Mastercard
60,000 Asia Miles and $100 FlyerFunds
Estimated value: $1,060
Apply Now
Apply Now Neo Secured World Elite Mastercard Neo Secured World Elite Mastercard
0 cash back and $100 FlyerFunds
Estimated value: $100
Apply Now
Apply Now Neo World Elite Mastercard Neo World Elite Mastercard
0 cash back and $100 FlyerFunds
Estimated value: $100
Apply Now
Apply Now Neo Mastercard Neo Mastercard
0 cash back and $60 FlyerFunds
Estimated value: $60
Apply Now
Apply Now Neo Secured Mastercard Neo Secured Mastercard
25 cash back and $25 FlyerFunds
Estimated value: $50
Apply Now

Click here to see all Neo Financial credit cards in our credit card browser or learn how you can earn cash back rebates on Neo Financial credit cards.

Best Royal Bank of Canada (RBC) Credit Cards

RBC offers some of our favorite travel-focused credit cards in Canada, giving cardholders the opportunity to earn Avion Rewards, WestJet Rewards, British Airways Avios, and Cathay Pacific Asia Miles.

Frugal Flyer’s favorite RBC credit card is the RBC Avion Visa Infinite card as it offers a welcome bonus of 35,000 Avion Rewards points which can be transferred to a few frequent flyer programs, including the valuable British Airways Avios.

RBC Avion Visa Infinite Card
Apply Now Learn More
RBC Avion Visa Infinite Card

The RBC Avion Visa Infinite card earns 1.25 Avion Rewards points on all travel purchases. Avion Rewards points can be redeemed against travel purchases or transferred to popular frequent flyer programs.

In 2025, we awarded this card as the Best Flexible Points Travel Credit Card.

Check out our RBC Avion Visa Infinite card review for more details.

BONUS
35,000 Avion
MINSPEND
$0
EST. VALUE
$665+
ANNUAL FEE
$120
FOREX FEES
Yes
EXPIRY

Below are the top five RBC credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now RBC Avion Visa Infinite Privilege Card RBC Avion Visa Infinite Privilege Card
70,000 Avion
Estimated value: $1,330
Apply Now
Apply Now RBC British Airways Visa Infinite Card RBC British Airways Visa Infinite Card
60,000 Avios
Estimated value: $1,020
Apply Now
Apply Now WestJet RBC World Elite Mastercard WestJet RBC World Elite Mastercard
70,000 WestJet points and $50 FlyerFunds
Estimated value: $750
 Ends Jul 8, 2025
Apply Now
Apply Now RBC Avion Visa Infinite Card RBC Avion Visa Infinite Card
35,000 Avion
Estimated value: $665
Apply Now
Apply Now RBC Avion Visa Platinum Card RBC Avion Visa Platinum Card
35,000 Avion
Estimated value: $665
Apply Now

Click here to see all RBC credit cards in our credit card browser or learn how you can earn cash back rebates on RBC credit cards.

Best Scotiabank Credit Cards

Scotiabank has some of the most well-rounded and robust travel credit cards in Canada. All of their cards earn Scene+ points which are anchored at 1 cent per point when redeeming towards travel purchases made on the card.

Frugal Flyer’s favorite Scotiabank credit card is the Scotiabank Gold American Express card as it offers a welcome bonus of 40,000 Scene+ points which are one of the most straightforward currencies to redeem towards any travel purchases.

Scotiabank Gold American Express Card
Apply Now Learn More Earn $100 in FlyerFunds upon approval.
Scotiabank Gold American Express Card

The Scotiabank Gold American Express card earns up to 6x Scene+ points at Empire grocery stores and charges no foreign exchange fees on purchases made in foreign currencies.

In 2025, we awarded this card as the Best Fixed Value Points Credit Card.

Check out our Scotiabank Gold American Express card review for more details.

BONUS
40,000 Scene+
MINSPEND
$7,500
EST. VALUE
$500+
ANNUAL FEE
$120
FOREX FEES
No
EXPIRY
Jul 1, 2025

Below are the top five Scotiabank credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Scotiabank Passport Visa Infinite Privilege Card Scotiabank Passport Visa Infinite Privilege Card
80,000 Scene+ and $225 FlyerFunds
Estimated value: $1,025
 Ends Oct 31, 2025
Apply Now
Apply Now Scotiabank Platinum American Express Card Scotiabank Platinum American Express Card
80,000 Scene+ and $200 FlyerFunds
Estimated value: $1,000
 Ends Oct 31, 2025
Apply Now
Apply Now Scotiabank Passport Visa Infinite Card Scotiabank Passport Visa Infinite Card
40,000 Scene+ and $200 FlyerFunds
Estimated value: $600
 Ends Jul 1, 2025
Apply Now
Apply Now Scotiabank Gold American Express Card Scotiabank Gold American Express Card
40,000 Scene+ and $100 FlyerFunds
Estimated value: $500
 Ends Jul 1, 2025
Apply Now
Apply Now Scotiabank Momentum Visa Infinite Card Scotiabank Momentum Visa Infinite Card
200 cash back and $100 FlyerFunds
Estimated value: $300
 Ends Oct 31, 2025
Apply Now

Click here to see all Scotiabank credit cards in our credit card browser or learn how you can earn cash back rebates on Scotiabank credit cards.

Best Tangerine Credit Cards

If you are interested in strong cash back earning credit cards that have no annual fees, Tangerine’s credit card lineup has a few great options worth considering.

Frugal Flyer’s favorite Tangerine credit card is the Tangerine World Mastercard as it offers a welcome bonus of $100 cash back plus cardholder’s can customize their accelerated cash back earning categories.

Tangerine World Mastercard
Apply Now Learn More Earn $125 in FlyerFunds upon approval.
Tangerine World Mastercard

The Tangerine World Mastercard offers cardholders the ability to choose up to three accelerated spending categories to increase their cash back earnings.

In 2025, we awarded this card as the Best Customizable Cash Back Credit Card.

Check out our Tangerine World Mastercard review for more details.

BONUS
$100 cash back
MINSPEND
$1,000
EST. VALUE
$225+
ANNUAL FEE
$0
FOREX FEES
Yes
EXPIRY
Aug 31, 2025

Below are the top two Tangerine credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Tangerine World Mastercard Tangerine World Mastercard
100 cash back and $125 FlyerFunds
Estimated value: $225
 Ends Aug 31, 2025
Apply Now
Apply Now Tangerine Money-Back Credit Card Tangerine Money-Back Credit Card
100 cash back and $75 FlyerFunds
Estimated value: $175
 Ends Aug 31, 2025
Apply Now

Click here to see all Tangerine credit cards in our credit card browser or learn how you can earn cash back rebates on Tangerine credit cards.

Best TD Credit Cards

TD has credit cards that earn both TD Rewards points and Air Canada Aeroplan points.

Frugal Flyer’s favorite TD credit card is the TD First Class Travel® Visa Infinite Card as it offers a welcome bonus of 85,000 TD Rewards points. TD Rewards points can be redeemed towards travel purchases via Expedia for TD at a rate of 0.5 cents per point, or book any way travel at a rate of 0.4 cents per point.

TD First Class Travel® Visa Infinite* Card
Apply Now Learn More
TD First Class Travel® Visa Infinite* Card

The TD First Class Travel® Visa Infinite* Card earns 8x TD Rewards on purchases at Expedia for TD, plus a $100 Expedia for TD credit and TD Rewards birthday bonus.

Check out our TD First Class Travel® Visa Infinite* Card review for more information.

BONUS
85,000 TD Rewards
MINSPEND
$5,000
EST. VALUE
$425+
ANNUAL FEE
$139 (FYF)
FOREX FEES
Yes
EXPIRY

Below are the top five TD credit cards based on current welcome offers:

Credit Card Welcome Bonus
Apply Now TD® Aeroplan® Visa Infinite Privilege* Card TD® Aeroplan® Visa Infinite Privilege* Card
85,000 Aeroplan
Estimated value: $1,785
Apply Now
Apply Now TD® Aeroplan® Visa Infinite* Card TD® Aeroplan® Visa Infinite* Card
40,000 Aeroplan
Estimated value: $840
Apply Now
Apply Now TD First Class Travel® Visa Infinite* Card TD First Class Travel® Visa Infinite* Card
85,000 TD Rewards
Estimated value: $425
Apply Now
Apply Now TD® Aeroplan® Visa Platinum* Card TD® Aeroplan® Visa Platinum* Card
20,000 Aeroplan
Estimated value: $420
Apply Now
Apply Now TD Cash Back Visa Infinite* Card TD Cash Back Visa Infinite* Card
350 cash back
Estimated value: $350
Apply Now

Click here to see all TD credit cards in our credit card browser.

Best Credit Cards in Canada by Category for June 2025

If you are interested in adding a credit card to your wallet for a specific need such as increased spending rewards or saving on foreign transaction fees, we’ve captured the best credit cards for those needs below.

Best Credit Cards for Grocery Purchases

Grocery purchases are one of the biggest monthly spending categories for many Canadians, so it absolutely makes sense to hold a credit card that earns big rewards in this purchase category.

Frugal Flyer’s favorite credit card for grocery purchases is the Scotiabank Gold American Express card as it earns 6x Scene+ points at all Empire grocery stores, including Safeway, Sobeys, IGA, and Freshco. If you don’t shop at a grocery store that falls under the Empire banner, you will still earn 5x Scene+ points on purchases at all other eligible grocery stores.

Scotiabank Gold American Express Card
Apply Now Learn More Earn $100 in FlyerFunds upon approval.
Scotiabank Gold American Express Card

The Scotiabank Gold American Express card earns up to 6x Scene+ points at Empire grocery stores and charges no foreign exchange fees on purchases made in foreign currencies.

In 2025, we awarded this card as the Best Fixed Value Points Credit Card.

Check out our Scotiabank Gold American Express card review for more details.

BONUS
40,000 Scene+
MINSPEND
$7,500
EST. VALUE
$500+
ANNUAL FEE
$120
FOREX FEES
No
EXPIRY
Jul 1, 2025

Below are the top five credit cards for grocery purchases based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Scotiabank Gold American Express Card Scotiabank Gold American Express Card
40,000 Scene+ and $100 FlyerFunds
Estimated value: $500
 Ends Jul 1, 2025
Apply Now
Apply Now MBNA Rewards World Elite Mastercard MBNA Rewards World Elite Mastercard
30,000 MBNA Rewards and $125 FlyerFunds
Estimated value: $425
Apply Now
Apply Now BMO CashBack World Elite Mastercard BMO CashBack World Elite Mastercard
335 cash back and $75 FlyerFunds
Estimated value: $410
 Ends Jan 31, 2026
Apply Now
Apply Now American Express Cobalt Card American Express Cobalt Card
15,000 Membership Rewards
Estimated value: $330
Apply Now
Apply Now Scotiabank Momentum Visa Infinite Card Scotiabank Momentum Visa Infinite Card
200 cash back and $100 FlyerFunds
Estimated value: $300
 Ends Oct 31, 2025
Apply Now

If you are interested in learning more, check out our article on the best credit cards for buying groceries for Canadians.

Best Credit Cards for Restaurant & Dining Purchases

If you find yourself dining out frequently with friends and family, adding a credit card that earns bonus rewards on these purchases can go a long way in building your miles and points balances.

Frugal Flyer’s favorite credit card for restaurant and dining purchases is the American Express Cobalt card as it earns 5x Membership Rewards points on these purchases, up to $2,500 CAD per month.

American Express Cobalt Card
Apply Now Learn More
American Express Cobalt Card

The American Express Cobalt card gives cardholders the opportunity to earn 5x Membership Rewards on eligible restaurant, food delivery, and grocery store purchases.

In 2025, we selected this card to receive the award Best Points Credit Card for Grocery Purchases.

Check out our American Express Cobalt card review for more details.

BONUS
15,000 Membership Rewards
MINSPEND
$9,000
EST. VALUE
$330+
ANNUAL FEE
$156
FOREX FEES
Yes
EXPIRY

Below are the top five credit cards for restaurant and dining purchases based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Scotiabank Gold American Express Card Scotiabank Gold American Express Card
40,000 Scene+ and $100 FlyerFunds
Estimated value: $500
 Ends Jul 1, 2025
Apply Now
Apply Now MBNA Rewards World Elite Mastercard MBNA Rewards World Elite Mastercard
30,000 MBNA Rewards and $125 FlyerFunds
Estimated value: $425
Apply Now
Apply Now American Express Cobalt Card American Express Cobalt Card
15,000 Membership Rewards
Estimated value: $330
Apply Now
Apply Now Simplii Financial Cash Back Visa Card Simplii Financial Cash Back Visa Card
80 cash back and $60 FlyerFunds
Estimated value: $140
Apply Now
Apply Now Rogers Red World Elite Mastercard Rogers Red World Elite Mastercard
0 cash back and $50 FlyerFunds
Estimated value: $50
Apply Now

If you are interested in learning more, check out our article on the best credit cards for dining out for Canadians.

Best Credit Cards for Purchases in Foreign Currencies

If you regularly travel outside of Canada or make purchases in foreign currencies, adding a credit card that offers no foreign transaction fees will result in savings of 2.5% on every purchase. While this is a powerful benefit, there are only a few cards that offer this benefit in Canada.

Related: The Best Travel Credit Cards in Canada

Frugal Flyer’s favorite credit card for purchases in foreign currencies is the Scotiabank Passport Visa Infinite card which saves 2.5% on all purchases and comes with another valuable travel benefit, six free airport lounge passes via DragonPass.

Scotiabank Passport Visa Infinite Card
Apply Now Learn More Earn $200 in FlyerFunds upon approval.
Scotiabank Passport Visa Infinite Card

The Scotiabank Passport Visa Infinite card offers benefits such as no foreign transaction fees and six annual complimentary airport lounge access passes.

In 2025, we awarded this card as the Best Overall Travel Credit Card and Best Credit Card for Foreign Transactions.

Check out our Scotiabank Passport Visa Infinite card review for more details.

BONUS
40,000 Scene+
MINSPEND
$40,000
EST. VALUE
$600+
ANNUAL FEE
$150
FOREX FEES
No
EXPIRY
Jul 1, 2025

Below are the top four credit cards for purchases in foreign currencies based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Scotiabank Passport Visa Infinite Privilege Card Scotiabank Passport Visa Infinite Privilege Card
80,000 Scene+ and $225 FlyerFunds
Estimated value: $1,025
 Ends Oct 31, 2025
Apply Now
Apply Now Scotiabank Platinum American Express Card Scotiabank Platinum American Express Card
80,000 Scene+ and $200 FlyerFunds
Estimated value: $1,000
 Ends Oct 31, 2025
Apply Now
Apply Now Scotiabank Passport Visa Infinite Card Scotiabank Passport Visa Infinite Card
40,000 Scene+ and $200 FlyerFunds
Estimated value: $600
 Ends Jul 1, 2025
Apply Now
Apply Now Scotiabank Gold American Express Card Scotiabank Gold American Express Card
40,000 Scene+ and $100 FlyerFunds
Estimated value: $500
 Ends Jul 1, 2025
Apply Now

If you are interested in learning more, check out our article on the best credit cards to use for foreign transactions for Canadians.

Best Credit Cards with No Annual Fees

Credit cards that have annual fees aren’t for everyone, and if you are looking for a low-commitment credit card option that still offers rewards and benefits, there are a few options worth considering.

Frugal Flyer’s favorite credit card with no annual fee is the Simplii Financial Cash Back Visa card as it earns 4% cash back on all purchases at restaurants, bars, and coffee shops, for up to $5,000 CAD per year.

Simplii Financial Cash Back Visa Card
Apply Now Learn More Earn $60 in FlyerFunds upon approval.
Simplii Financial Cash Back Visa Card

The Simplii Financial Cash Back Visa card earns 4% cash back on purchases at restaurants, bars, and coffee shops on up to $5,000 in spending per calendar year.

Check out our Simplii Financial Cash Back card review for more details.

BONUS
$80 cash back
MINSPEND
$1,000
EST. VALUE
$140+
ANNUAL FEE
$0
FOREX FEES
Yes
EXPIRY

Below are the top five credit cards with no annual fees based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Tangerine World Mastercard Tangerine World Mastercard
100 cash back and $125 FlyerFunds
Estimated value: $225
 Ends Aug 31, 2025
Apply Now
Apply Now MBNA Rewards Platinum Plus Mastercard MBNA Rewards Platinum Plus Mastercard
10,000 MBNA Rewards and $75 FlyerFunds
Estimated value: $175
Apply Now
Apply Now Simplii Financial Cash Back Visa Card Simplii Financial Cash Back Visa Card
80 cash back and $60 FlyerFunds
Estimated value: $140
Apply Now
Apply Now Rogers Red Mastercard Rogers Red Mastercard
60 cash back and $50 FlyerFunds
Estimated value: $110
Apply Now
Apply Now Canadian Tire Triangle World Elite Mastercard Canadian Tire Triangle World Elite Mastercard
0 Canadian Tire Money
Estimated value: $0
Apply Now

If you are interested in learning more, check out our article on the best credit cards with no annual fees in Canada.

Best Credit Cards with Low Income Requirements

If you are starting out in your career or are currently a student working part-time, there are still some excellent credit cards that you can be approved for with a lower annual income.

Frugal Flyer’s favorite credit card with low income requirements is the Rogers Red Mastercard as it offers 2% cash back on all purchases for Rogers, Fido, and Shaw customers. Cardholders will receive an effective 3% cash back if they redeem their cash back for Rogers, Fido, or Shaw products and services.

Rogers Red Mastercard
Apply Now Learn More Earn $50 in FlyerFunds upon approval.
Rogers Red Mastercard

With the Rogers Red MastercardRogers, Fido and Shaw postpaid customers can earn 2% cash back on all eligible purchases and get a 1.5x redemption bonus on Rogers, Fido and Shaw purchases – a 3% cash back value.

Check out our Rogers Red Mastercard review for more details.

BONUS
$60 cash back
MINSPEND
$0
EST. VALUE
$110+
ANNUAL FEE
$0
FOREX FEES
Yes
EXPIRY

Below are the top five credit cards with low income requirements based on current welcome offers:

Credit Card Welcome Bonus
Apply Now Scotiabank Gold American Express Card Scotiabank Gold American Express Card
40,000 Scene+ and $100 FlyerFunds
Estimated value: $500
 Ends Jul 1, 2025
Apply Now
Apply Now MBNA Rewards Platinum Plus Mastercard MBNA Rewards Platinum Plus Mastercard
10,000 MBNA Rewards and $75 FlyerFunds
Estimated value: $175
Apply Now
Apply Now Tangerine Money-Back Credit Card Tangerine Money-Back Credit Card
100 cash back and $75 FlyerFunds
Estimated value: $175
 Ends Aug 31, 2025
Apply Now
Apply Now Simplii Financial Cash Back Visa Card Simplii Financial Cash Back Visa Card
80 cash back and $60 FlyerFunds
Estimated value: $140
Apply Now
Apply Now Rogers Red Mastercard Rogers Red Mastercard
60 cash back and $50 FlyerFunds
Estimated value: $110
Apply Now

If you are interested in learning more, check out our article on the best credit cards with low income requirements for Canadians.

Best Credit Cards for Free Airport Lounge Access

If you are a frequent traveler, free airport lounge access is one of the best benefits to have on a credit card. Airport lounges are a great way to kill time before a flight and often include complimentary food and drink, as well as a much more comfortable place to relax than the public seating in the terminal.

Frugal Flyer’s favorite credit card for free airport lounge access is the American Express Platinum card which comes with unlimited airport lounge access, oftentimes for both the cardholder and a guest, through the American Express Global Lounge Collection.

American Express Platinum Card
Apply Now Learn More
American Express Platinum Card

The American Express Platinum card is a premium card that offers benefits including a $200 travel credit, a $200 dining credit, airport lounge access, instant elite status with Marriott Bonvoy and Hilton Honors, and more.

Check out our American Express Platinum card review for more details.

In 2025, we awarded this card as the Best Credit Card for Airport Lounge Access.

BONUS
180,000 Membership Rewards
MINSPEND
$50,000
EST. VALUE
$3,960+
ANNUAL FEE
$799
FOREX FEES
Yes
EXPIRY
Aug 18, 2025

Below are the top five credit cards that offer free airport lounge access based on current welcome offers:

Credit Card Welcome Bonus
Apply Now American Express Business Platinum Card American Express Business Platinum Card
200,000 Membership Rewards
Estimated value: $4,400
 Ends Aug 18, 2025
Apply Now
Apply Now American Express Platinum Card American Express Platinum Card
180,000 Membership Rewards
Estimated value: $3,960
 Ends Aug 18, 2025
Apply Now
Apply Now TD® Aeroplan® Visa Infinite Privilege* Card TD® Aeroplan® Visa Infinite Privilege* Card
85,000 Aeroplan
Estimated value: $1,785
Apply Now
Apply Now CIBC Aventura Visa Infinite Card CIBC Aventura Visa Infinite Card
35,000 Aventura
Estimated value: $770
Apply Now
Apply Now Scotiabank Passport Visa Infinite Card Scotiabank Passport Visa Infinite Card
40,000 Scene+ and $200 FlyerFunds
Estimated value: $600
 Ends Jul 1, 2025
Apply Now

If you are interested in learning more, check out our article on the best credit cards with free airport lounge access for Canadians.

Frugal Flyer’s Credit Card Browser Tool: Find Your Best Credit Card

While we have captured many of what we consider to be the best credit cards in Canada above, we recognize that personal finance is an individual journey and that our favorite cards might not work for everyone. 

To help our readers make the best decision possible when adding a new credit card to their wallet, Frugal Flyer’s best credit card comparison tool contains over 90 of the best credit cards available for Canadians.

frugal flyer credit card browser tool

Readers can filter to find the best credit card to add to their wallet on a variety of criteria, including welcome bonus, minimum spending amount to earn the welcome bonus, first year annual fee, financial institution, rewards program, income requirements, airport lounge access, and more.

Conclusion

Canadians are lucky to have many great credit cards to choose from, no matter their personal financial situation or needs. Whether you are looking to add a high-end travel credit card to your wallet or are simply looking for a new card to increase the rewards earned in a specific spending category, Frugal Flyer is committed to helping you find the best card for your situation.

Josh Bandura

Josh Bandura

Co-Founder at Frugal Flyer
Josh has been involved in the miles and points game since 2015 but has scaled up his knowledge and points earning potential in recent years. With a consistent attitude of "min-maxing" in many aspects of his life, Josh has transferred this mindset over to the miles and points game. Always looking for the next big opportunity, he aims to share content on a variety of topics including his travels, miles and points, and most importantly, how to get the most out of your credit cards

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FEATURED CREDIT CARD

Scotiabank Passport Visa Infinite Card
Apply Now Learn More Earn $200 in FlyerFunds upon approval.
Scotiabank Passport Visa Infinite Card

The Scotiabank Passport Visa Infinite card offers benefits such as no foreign transaction fees and six annual complimentary airport lounge access passes.

In 2025, we awarded this card as the Best Overall Travel Credit Card and Best Credit Card for Foreign Transactions.

Check out our Scotiabank Passport Visa Infinite card review for more details.

BONUS
40,000 Scene+
MINSPEND
$40,000
EST. VALUE
$600+
ANNUAL FEE
$150
FOREX FEES
No
EXPIRY
Jul 1, 2025

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