Compare the best points rewards credit cards in Canada. Cheers to that.

 

Find the right credit card.

Get Started

HSBC +Rewards™ Mastercard®

This offer is not available to residents of Quebec. For residents of Quebec, please click here.

Annual fee $25 First-year annual fee rebate
Rewards rate 2 Points per $1 spent on eligible dining and entertainment purchases
Bonus offer 30,000 HSBC Rewards Points (up to $150 in value)
Purchase interest rate 11.90%
Balance transfer interest rate 11.90%
Cash advance interest rate 11.90%

TD® Aeroplan® Visa Infinite* Card

This offer is not available for residents of Quebec. †Terms and conditions apply..

Annual fee $139 First year annual fee rebate
Rewards rate 1 - 1.5 Aeroplan Points for every $1 spent on eligible purchases
Bonus offer Up to 25,000 Aeroplan points and a bonus Buddy Pass . Must apply by March 6, 2022.
Purchase interest rate 19.99%
Balance transfer interest rate 22.99%
Cash advance interest rate 22.99%

HSBC World Elite® Mastercard®

This offer is not available to residents of Quebec. For residents of Quebec, please click here.

Annual fee $149 First-year annual fee rebate
Rewards rate 6 Points per $1 spent on eligible travel purchases
Bonus offer 100,000 HSBC Rewards Points (up to $500 travel value)
Purchase interest rate 19.90%
Balance transfer interest rate 22.90%
Cash advance interest rate 22.90%

American Express Cobalt® Card

Annual fee $155.88 ($12.99 /month)
Rewards rate 5 Points per $1 spent on eligible eats and drinks, including groceries and food delivery
Bonus offer 50,000 Membership Rewards points
Purchase interest rate 20.99%
Balance transfer interest rate N/A
Cash advance interest rate 21.99% *provided you make your minimum monthly payments on time

Focus On

Comparing points rewards credit cards.

Want to earn while you spend? Points rewards credit cards let you do just that. Every dollar you spend with these cards earns you points that you can redeem at participating outlets, including retailers, auto dealerships, cinemas, and charities. Compare all the best points rewards credit cards right here.

Comparing points rewards cards isn't always easy. After all, different cards earn points at different rates. You also have to remember that, generally, the higher the rewards rate, the higher the annual fee on the card. So when you're looking for the card that'll give you the best value, first consider how much you'll spend each year on your rewards card. Even a rough estimate will help you determine which card will be the best deal.

Check out our table below to see the different kinds of points rewards cards we offer.

Card

StudentAwards MBNA Rewards MasterCard credit card.Scotiabank American Express® CardThe Platinum Card® from American Express®.

Rewards

1 MBNA Rewards point on every $1 spent.

Redeem points for cash back, travel, merchandise, gift cards, retailers, or donate them.

1 Scotia point for every $1 spent.

Earn 3 points for every $1 spent on eligible dining experiences, 2 points for every $1 on eligible travel purchases, 1 point on all other purchases.

Lots of other cool benefits and perks.

Interest rate

19.99%

19.99%

30.00%

Annual Fee

$0

$0

$699

Sign-up bonus

Not available.

5,000 bonus Scotia points.

100,000 bonus Membership Rewards points.

  Get this cardGet this card

Why choose LowestRates.ca?

75+ trusted partners (and growing) on our site to compare mortgage rates, insurance and credit cards

$1 billion+ saved in interest and fees

14+ million Canadians helped per year

High praise for LowestRates.ca

Excellent
Based on 360 reviews
January 8
fast and easy
fast and easy
moira fortin
November 4
It was a good experience
It was a good experience
BRIAN FEX
October 26
Easy to use
Easy to use, easy to find the result that you're looking for! 5 star coverage!
KS
October 15
Great service and very helpful :) would…
Great service and very helpful :) would definitely recommend
Emily Peacock
October 14
It's great
It's great, found the best rates.
Chirath Ranaweera
October 14
Fast and pleasant experience
Fast and pleasant experience. Saved a lot of money too!
stephenblaszko
October 14
Fast response
Fast response
AnarieD'Agostino
October 13
From the online process to the first…
From the online process to the first contact speaking to a rep it’s was a good...
Rose Daniel
October 13
A very pleasant contact
A very pleasant contact, without rep talking over my head., It was very infor...
Margaret Markson
September 30
LowestRates.ca is the best out there
LowestRates.ca is the best out there. They are fast efficient and gets job done...
Maria M. T.
August 31
very quick and reliable rates
very quick and reliable rates
Tracie N
August 12
I can’t believe how quickly I am…
I can’t believe how quickly I am getting email responses. Very happy with this...
Carol
July 25
Awesome 👍😎
Awesome 👍😎
Joshua Leong
July 1
excellent service
excellent service
An Luu
June 22
Highly recommended
Excellent customer service. Was very patient and answer my customers toughly. Fo...
Karan Parmar

Your points rewards credit card questions, answered.

Looking for more credit card info? Check out our Help Centre.

About points rewards

Points rewards credit cards are popular among Canadians — and for good reason. With a good points rewards card, you can earn points toward the items or services that you're going to get the most use out of or enjoy the most. Many cards also give you bonus points when you sign up, which means you get a big stash of points rewards right away.

And tracking all of your rewards points is easy. In most cases, your points rewards are held in a special account that you can sign into online. From there, you can watch your points grow as you continue to use your credit card, and, when you're ready to put all those points to use, redeem them for your rewards.

Compare points rewards credit cards today

At LowestRates.ca, we do the homework so you don't have to. No matter what kind of points rewards program you're interested in, you can find the right credit card here, anytime and from anywhere.

Credit card news

Read More Like This