Find the best Canadian credit card for how you actually spend.
We read the fine print on 109 cards and 40 bank accounts, then show what each card is worth to you after the fee, with the math shown.
What do you want your card to do?
Our picks this month
American Express Cobalt Card
5x points on groceries, restaurants and food delivery, and a 15,000-point welcome offer. Billed $15.99 a month. Amex isn’t accepted everywhere.
Scotiabank Gold American Express Card
6x at Sobeys-family stores, 5x on other groceries and dining, no foreign transaction fee. $120 a year.BMO CashBack World Elite Mastercard
5% back on groceries (first $500 a month) and 4% on transit. No annual fee in year one.
BMO Preferred Rate Mastercard
13.99% on purchases and 0% on balance transfers for 18 months. $29 a year.Picked on rewards value, fees and fine print. We earn a commission from some links. That, and any Mint Rebate, doesn’t change our picks.
A card we’d happily hand to most Canadians.
Scotiabank Gold American Express Card
Not the flashiest card out there, but the earn rates, the welcome bonus and no foreign transaction fee add up for a lot of households.
- 1Up to 50,000 Scene+ points from Scotiabank, about $500 by our valuation, for accounts opened by Nov 1, 2026
- +$200 Mint Rebate from MoneyMint, by Interac e-Transfer within 30 days of your approval being confirmed
- ✓6x points at Sobeys-family stores, 5x on other groceries and dining, and no foreign transaction fee. $120 annual fee.
We earn a commission if you’re approved, which funds the Mint Rebate (terms). Points: 30,000 after $2,000 in spend in the first 3 months, plus 20,000 after $7,500 in the first year. This box doesn’t change our ratings or picks.
Cash from us, on top of the bank’s own bonus.
On selected cards and accounts, we pay you a Mint Rebate when you apply through us and get approved. It’s funded by our commission and never changes how we rate anything.
Savings rates we’re watching
| Account | Rate | Review |
|---|---|---|
| Simplii High Interest SavingsNew clients, on deposits up to $200,000 | 4.60%promo, 5 months | Review → |
| RBC High Interest eSavingsThen 0.55% standard rate | 4.60%promo, 90 days | Review → |
| Wealthsimple Chequing$25 bonus on a $100 deposit | Up to 2.25%tiered by assets | Review → |
| EQ Bank Personal Account$20 bonus on a $100 deposit | 1.00%base, more with direct deposit | Review → |
| Tangerine No-Fee Daily ChequingUp to $250 with the payroll offer | $0monthly fee | Review → |
Scotiabank Ultimate Package chequing
$700 cash bonus when you open a new Ultimate Package account by Oct 29, 2026 and meet the direct deposit and transaction conditions within 60 days. Up to $1,000 when bundled with savings or a credit card.
+ $100 Mint Rebate$30.95 a month, waived with a $6,000 minimum daily balance.
Pick a broker without overpaying.
We compared 11 Canadian brokers on trading costs, account fees and what they charge to convert to US dollars.
CIBC Investor’s Edge
Qtrade Direct InvestingScotia iTRADEOffers from each broker’s own site. Conditions apply. General information, not investment advice.
One published formula for every card.
Same weights, same basket, every card. Whether a card pays us a commission, or has a Mint Rebate, isn’t one of the inputs.
Read the full method →