Best Credit Cards in Canada
In Canada the comparison often hinges on foreign-transaction fees and which travel program a card feeds, since the big five banks (TD, RBC, Scotiabank, CIBC, BMO) and Amex dominate with similar core products. Approval uses a credit score from 300 to 900 (around 660+ is generally considered good as of 2026), and minimum-income requirements gate the premium tiers. The standard 2.5% FX fee on most cards adds up fast abroad, so a no-FX card can save real money if you travel; if you don't, it's not worth chasing. Verify welcome-bonus terms and any income requirement with the issuer.
Top picks in Canada
American Express Cobalt Card
American Express Canada
For renters and people who spend heavily on food, the Cobalt's 5x on dining and groceries…
Scotiabank Gold American Express Card
Scotiabank
This is the card to beat for Canadians who eat out, buy groceries and travel, because the…
TD Aeroplan Visa Infinite Card
TD Canada Trust
The TD Aeroplan Visa Infinite is a top pick for Canadians flying Air Canada, earning Aero…
TD Cash Back Visa Infinite Card
TD Canada Trust
Pick this over the Tangerine Money-Back if your gas-plus-grocery-plus-bills spend is high…
BMO CashBack World Elite Mastercard
Bank of Montreal (BMO)
The 5% grocery rate is the best headline cashback in Canada, but read the monthly cap bef…
RBC Avion Visa Infinite Card
Royal Bank of Canada
The draw here is points you can book on any airline with no blackout dates, which beats c…
Tangerine Money-Back Credit Card
Tangerine Bank
The free card to start with if you want to point 2% at the categories you actually use, s…
CIBC Aventura Visa Infinite Card
CIBC
Aventura's pitch is any-airline booking plus a NEXUS rebate, which makes it a reasonable…
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