Best rewards credit cards in Canada
Rewards credit cards ranked by what their points are worth for your spending, after the annual fee.
Card details updated November 10, 2026 How we rank
What’s in each?
- Light:
- Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
- Typical:
- Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
- Big:
- Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400
- Yours:
- Your own amounts, saved on this device only
Not sure which kind of card you need? Help me choose
89 rewards credit cards, ranked for you
Ranked by value in year one at $2,500 a month, after fees. How we rank
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Ranked 1. RBC Avion Visa Infinite Business
RBC · Visa
Worth in year one $2,033Then each year $5832.1% back on everything
- Welcome offer
- $1,275 you’d get The full offer. Up to 75,000 Avion points.
- Annual fee
- $0 first year Then $175 a year
Needs $60,000 personal or $100,000 household income
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Ranked 2. TD® Aeroplan® Visa Business Card
TD · Visa
Worth in year one $2,018Then each year $6694% back on flights, 2% back on everything else
- Welcome offer
- $1,200 you’d get The full offer. Up to 60,000 Aeroplan points.
- Annual fee
- $0 first year Then $149 a year
Income rule not listed
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Ranked 3. TD® Aeroplan® Visa Infinite Card
TD · Visa Expert Score 7.7 out of 10. Good
Worth in year one $1,896Then each year $7573% back on groceries, gas and flights, 2% back on everything else
- Welcome offer
- $1,000 you’d get The full offer. Up to 50,000 Aeroplan points.
- Annual fee
- $0 first year Then $139 a year
Needs $60,000 personal or $100,000 household income
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Ranked 4. American Express® Gold Rewards Card
American Express Expert Score 7.8 out of 10. Good
Worth in year one $1,885Then each year $6153.4% back on travel, flights and hotels, 1.7% back on everything else
- Welcome offer
- $1,020 you’d get The full offer. Up to 60,000 Membership Rewards points.
- Annual fee
- $0 first year Then $250 a year
Income rule not listed
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Best welcome offers right now
What you’d actually get at $2,500 a month.
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RBC Avion Visa Infinite Business
$1,275 you’d get
Up to 75,000 Avion points.
The full offer at your spending
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American Express® Aeroplan® Reserve Card
$1,200 you’d get
Up to 85,000 Aeroplan points.
All of year one’s offer at your spending
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TD® Aeroplan® Visa Business Card
$1,200 you’d get
Up to 60,000 Aeroplan points.
The full offer at your spending
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American Express® Business Gold Rewards Card
$1,190 you’d get
Up to 70,000 Membership Rewards points.
The full offer at your spending
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American Express® Gold Rewards Card
$1,020 you’d get
Up to 60,000 Membership Rewards points.
The full offer at your spending
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RBC British Airways Visa Infinite
$1,000 you’d get
Up to 50,000 Avios.
The full offer at your spending
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Ranked 5. Scotiabank Gold American Express® Card
Scotiabank · American Express Expert Score 8.8 out of 10. Excellent
Worth in year one $1,825Then each year $1,0556% back on groceries, 1% back on everything else
- Welcome offer
- $650 you’d get The full offer. Up to 65,000 Scene+ points.
- Annual fee
- $0 first year Then $120 a year
Needs $12,000 personal income
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Read the full review: Scotiabank Gold American Express® Card
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Ranked 6. American Express Cobalt™
American Express Expert Score 8.9 out of 10. Excellent
Worth in year one $1,651Then each year $1,3968.5% back on restaurants, groceries and food delivery, 1.7% back on everything else
- Welcome offer
- $255 you’d get The full offer. Up to 15,000 Membership Rewards points.
- Annual fee
- $191.88 a year
Income rule not listed
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Ranked 7. RBC Avion Visa Infinite
RBC · Visa Expert Score 7.9 out of 10. Good
Worth in year one $1,623Then each year $5682.1% back on travel, 1.7% back on everything else
- Welcome offer
- $935 you’d get All of year one’s offer. Up to 70,000 Avion points.
- Annual fee
- $0 first year Then $120 a year
Needs $60,000 personal or $100,000 household income
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Ranked 8. TD First Class Travel® Visa Infinite Card
TD · Visa Expert Score 7.6 out of 10. Good
Worth in year one $1,606Then each year $6674% back on travel, 1% back on everything else
- Welcome offer
- $800 you’d get The full offer. Up to 160,000 TD Rewards points.
- Annual fee
- $0 first year Then $139 a year
Needs $60,000 personal or $100,000 household income
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Read the full review: TD First Class Travel® Visa Infinite Card
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Ranked 9. RBC British Airways Visa Infinite
RBC · Visa Expert Score 7.5 out of 10. Good
Worth in year one $1,605Then each year $6056% back on flights, 2% back on everything else
- Welcome offer
- $1,000 you’d get The full offer. Up to 50,000 Avios.
- Annual fee
- $165 a year
Needs $60,000 personal or $100,000 household income
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Ranked 10. American Express® Aeroplan® Reserve Card
American Express Expert Score 7.6 out of 10. Good
Worth in year one $1,596Then each year $3966% back on flights, 2.5% back on everything else
- Welcome offer
- $1,200 you’d get All of year one’s offer. Up to 85,000 Aeroplan points.
- Annual fee
- $599 a year
Income rule not listed
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Read the full review: American Express® Aeroplan® Reserve Card
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Ranked 11. American Express® Business Gold Rewards Card
American Express Expert Score 8.1 out of 10. Very good
Worth in year one $1,561Then each year $3711.7% back on everything
- Welcome offer
- $1,190 you’d get The full offer. Up to 70,000 Membership Rewards points.
- Annual fee
- $199 a year
Income rule not listed
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Read the full review: American Express® Business Gold Rewards Card
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Ranked 12. TD Business Travel Visa Card
TD · Visa Expert Score 7.3 out of 10. Good
Worth in year one $1,529Then each year $4804.5% back on travel, 1% back on everything else
- Welcome offer
- $900 you’d get All of year one’s offer. Up to 200,000 TD Rewards points.
- Annual fee
- $0 first year Then $149 a year
Income rule not listed
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Ranked 13. TD® Aeroplan® Visa Infinite Privilege Card
TD · Visa Expert Score 8.2 out of 10. Very good
Worth in year one $1,498Then each year $4984% back on flights, 2.5% back on everything else
- Welcome offer
- $1,000 you’d get All of year one’s offer. Up to 100,000 Aeroplan points.
- Annual fee
- $599 a year
Needs $150,000 personal or $200,000 household income
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Read the full review: TD® Aeroplan® Visa Infinite Privilege Card
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Ranked 14. WestJet RBC World Elite Mastercard for Business
RBC · Mastercard
Worth in year one $1,390Then each year $4906% back on flights, 1.5% back on everything else
- Welcome offer
- $900 you’d get All of year one’s offer. Up to 100,000 WestJet points.
- Annual fee
- $175 a year
Needs $80,000 personal or $150,000 household income
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Read the full review: WestJet RBC World Elite Mastercard for Business
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Ranked 15. RBC Avion Visa Platinum
RBC · Visa Expert Score 7.2 out of 10. Good
Worth in year one $1,385Then each year $4501.7% back on everything
- Welcome offer
- $935 you’d get All of year one’s offer. Up to 70,000 Avion points.
- Annual fee
- $120 a year
Income rule not listed
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Ranked 16. RBC Avion Visa Infinite Privilege
RBC · Visa Expert Score 7.9 out of 10. Good
Worth in year one $1,279Then each year $3442.1% back on everything
- Welcome offer
- $935 you’d get All of year one’s offer. Up to 100,000 Avion points.
- Annual fee
- $399 a year
Needs $200,000 personal or $200,000 household income
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Ranked 17. American Express® Aeroplan® Card
American Express Expert Score 8.0 out of 10. Very good
Worth in year one $1,270Then each year $5704% back on flights, 2% back on everything else
- Welcome offer
- $700 you’d get All of year one’s offer. Up to 45,000 Aeroplan points.
- Annual fee
- $120 a year
Income rule not listed
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Ranked 18. BMO Ascend™ World Elite® Mastercard®
BMO · Mastercard Expert Score 7.8 out of 10. Good
Worth in year one $1,250Then each year $3303.4% back on travel, 0.7% back on everything else
- Welcome offer
- $771 you’d get The full offer. Up to 115,000 BMO Rewards points.
- Annual fee
- $0 first year Then $150 a year
Needs $80,000 personal or $150,000 household income
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Ranked 19. RBC Ion+ Visa
RBC · Visa
Worth in year one $1,245Then each year $1,0075.1% back on groceries, gas and restaurants, 1.7% back on everything else
- Welcome offer
- $238 you’d get The full offer. Up to 14,000 Avion points.
- Annual fee
- $48 a year
Income rule not listed
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Ranked 20. CIBC Aventura® Visa Infinite Card
CIBC · Visa Expert Score 8.1 out of 10. Very good
Worth in year one $1,241Then each year $5022% back on travel, 1% back on everything else
- Welcome offer
- $600 you’d get The full offer. Up to 60,000 Aventura points.
- Annual fee
- $0 first year Then $139 a year
Needs $60,000 personal or $100,000 household income
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Showing 20 of 89 cards
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How we rank cards
The list is math only: one set of rules, worked out for the choices you made.
What Year one and Every year mean
Year one is what a card is worth in its first year at your spending: the rewards it earns, plus any welcome offer your spending would reach, minus the first year’s annual fee.
Every year after leaves out the welcome offer and takes off the full annual fee, so a big offer can’t hide a weak earn rate.
We rank by the one you pick. When two cards come out the same, the one with the higher score goes first. Values are estimates, rounded to the dollar.
What’s in each spending choice
Each choice is an example month of spending, split across the kinds of spending cards reward differently. Pick the one closest to yours.
- Light, $1,000 a month: Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
- Typical, $2,500 a month: Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
- Big, $5,000 a month: Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400
How we value points
Each points program gets one value per point, taken from the program’s own valuation. Cards in the same program use the same value, so two cards that earn the same points are judged the same way.
- Aeroplan: 2 cents a point
- American Express Membership Rewards: 1.7 cents a point
- BMO Rewards: 0.67 cents a point
- British Airways Club: 2 cents a point
- Cathay Asia Miles: 1.5 cents a point
- CIBC Aventura: 1 cents a point
- Desjardins BONUSDOLLARS: 100 cents a point
- Flying Blue: 1.9 cents a point
- Marriott Bonvoy: 0.8 cents a point
- moi Rewards: 0.8 cents a point
- More Rewards: 0.2 cents a point
- National Bank a la carte Rewards: 0.9 cents a point
- PC Optimum: 0.1 cents a point
- RBC Avion: 1.7 cents a point
- Scene+: 1 cents a point
- TD Rewards: 0.5 cents a point
- Triangle Rewards: 100 cents a point
- United MileagePlus: 1.6 cents a point
- VIPorter: 1.5 cents a point
- WestJet Rewards: 1 cents a point
A card whose points we can’t value yet shows its points and sorts after the cards we can value.
What Low interest adds up
Low interest ranks by what a year of carrying a balance would cost: interest at the card’s purchase rate, plus the annual fee. It assumes the balance stays the same all year and leaves out rewards and welcome offers.
A balance transfer offer shows on the card when it has one, but it doesn’t change the order.
Does pay change the order?
No. The order comes only from the math above. We get paid when you apply through some links, and a bank can pay to show a card in a spot marked Sponsored. Pay never moves a card in the ranked list or changes its score.
Help me choose
Four quick questions, then a list that fits. Your answers only set the list. We don’t keep them.
Show the questions as a form
Help me choose
Mr. Loonie is typing
Which kind of card fits you?
Start with what you want the card to do. Each one has its own ranked list.
- Cash back Good if you want money off your bill with no points to learn. Watch for the top rate usually covering a few kinds of spending, often with a yearly cap.
- Travel points Good if you fly at least once a year and will use points for flights. Watch for higher annual fees. Points are worth less on merchandise.
- No annual fee Good if you spend under about $1,500 a month or want a backup card. Watch for lower earn rates and fewer insurance perks.
- Low interest Good if you sometimes carry a balance from month to month. Watch for little or no rewards. Paying in full each month saves more than any rate.
- Balance transfer Good if you have card debt to pay down over several months. Watch for a transfer fee and the regular rate once the promo ends.
- No foreign fee Good if you shop in US dollars or travel outside Canada. Watch for an annual fee on most of them. The fee you save abroad can cover it.
- New to Canada Good if you’ve just arrived and have no Canadian credit history yet. Watch for lower limits at first. Some need a Canadian bank account or a deposit.
- Build credit Good if you’re rebuilding your credit after missed payments. Watch for the deposit, which sets your limit. Rewards are small or none.
- Students Good if you’re in school with little or no income. Watch for low limits. Pay on time and the card builds your history.
Cards by bank
Cards by network
Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. Values are estimates for the spending you picked, rounded to the nearest dollar.
Spot something wrong? We’ll check it with the bank. Suggest a correction