Filter cards
Showing 21 — 30 of 43
Annual fee $0
Rewards rate 2 Air Miles reward miles per $20 spent*
Bonus offer 800 Bonus Air Miles
Card details
Network
Mastercard
Provider
BMO Bank of Montreal
Credit needed
Good
Fees and interest
Annual fee
$0
Purchase interest rate
19.99%
Cash advance rate
22.99%
Balance transfer rate
1.99%
22.99% after 9 months
Card description
  • Limited time: Get up to 800 AIR MILES Bonus Miles*
  • Get a 1.99% introductory interest rate on balance transfers for 9 months*
    • 1% fee applies to balance amounts transferred*
  • Get 2x the Miles for every $20 spent at participating AIR MILES Partners*
  • Get 1 Mile for every $20 spent everywhere else*
  • Use your BMO AIR MILES Mastercard and AIR MILES Collector Card at an AIR MILES Partner to earn Reward Miles from both*
  • No annual fee*
  • Get up to 25% off rentals at National Car Rental and Alamo Rent A Car*
  • FREE additional cards
  • Extended Warranty*
  • Purchase Protection*
  • Save 3¢ per litre at Shell until October 31, 2019. Use your BMO AIR MILES Credit Card and AIR MILES Collector Card when fueling up at Shell.*
  • BMO is not responsible for maintaining the content on this site. Please click on the Apply Now link for the most up to date information.
  • *Terms and conditions apply
Features
  • Extended Warranty
  • Free Supplementary Card
  • Purchase Protection
  • Rental Car Discounts
  • Travel Benefits
Annual fee $39
Rewards rate 2% Cash back on eligible purchases
Bonus offer 2.99% Interest rate on balance transfers (first 6 months)
Card details
Network
VISA
Provider
Scotiabank
Credit needed
Good
Fees and interest
Annual fee
$39
Purchase interest rate
19.99%
Cash advance rate
22.99%
Balance transfer rate
2.99%
22.99% after 6 months
Card description
  • 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39) ◊. For accounts opened by June 30, 2019.
  • Cash back with low annual fee.
  • 2% on eligible gas station, grocery store and drug store purchases and recurring bill payments.
  • 1% cash back on all other eligible everyday purchases.
  • Rates, fees and other information are effective as of February  1, 2018.  Subject to change.
Features
  • Extended Warranty
  • Purchase Security
  • Rental Car Discounts
Annual fee $0
Rewards rate 2.5% Cash back (first 3 months)
Bonus offer 1.99% Interest rate on balance transfers (first 6 months)
Card details
Network
American Express
Provider
American Express
Credit needed
Good
Fees and interest
Annual fee
$0
Purchase interest rate
19.99%
Cash advance rate
22.99%
*provided you make your minimum monthly payments on time
Balance transfer rate
1.99%
22.99% after 6 months
Card description
  • New SimplyCash™ Card from American Express Cardmembers can earn 2.5% cash back on purchases (up to $150 cash back) for the first 3 months of Cardmembership 
  • Earn 1.25% cash back on purchases when your Welcome Rate ends 
  • No limit to the amount of cash back you can earn after your Welcome Rate ends 
  • Optional Balance Transfer Offer – Enjoy a 1.99% interest in first 6 months of Cardmembership if you choose to transfer your other credit card balances to this American Express card 
  • Balance Transfer option is only available at time of online application. There is no balance transfer fee at time of application 
  • Access to memorable experiences with American Express Invites®
  • Insurance coverage and 24/7 Customer Service 
  • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply
Features
  • 24/7 Customer Service
  • Entertainment Benefits
  • Extended Warranty
  • Purchase Protection
  • Rental Car Insurance
  • Travel Insurance
Annual fee $0 $150 after the first year
Rewards rate 3 Points per $1 spent on eligible purchaes
Bonus offer 35,000 Welcome bonus points
Card details
Network
Mastercard
Provider
BMO Bank of Montreal
Credit needed
Excellent
Fees and interest
Annual fee
$0
$150 after the first year
Purchase interest rate
19.99%
Cash advance rate
22.99%
Balance transfer rate
22.99%
Card description
  • Get up to $540 in your first year*
  • Welcome offer: Get 35,000 points and the $150 annual fee waived in the first year ($250 value* towards a flight booked on bmorewards.com + $150 Value*).
  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access, plus four annual complimentary passes* ($140 Value/Year).
  • Get 3 BMO Rewards points for every $1 spent on travel, dining and entertainment purchases*
  • Get 2 points for every $1 spent everywhere else*
  • Points you can use to cover all flights charges and taxes*
  • Fly on any airline, with no blackout dates*
  • Minimum 80K individual or 150K household income*
  • Best-in-class travel and medical insurance (unlimited trips per year)*
  • FREE additional cards.
  • Extended Warranty*
  • Purchase Protection*
  • BMO Concierge Service*
  • BMO is not responsible for maintaining the content on this site. Please click on the Apply Now link for the most up to date information.
  • *Terms and conditions apply.
Features
  • 24/7 Customer Service
  • Airport Lounge Access
  • Extended Warranty
  • Purchase Protection
  • Travel Benefits
Annual fee $150
Rewards rate 3 Points for every $1 spent on eligible gas, dining and travel
Bonus offer 50,000 Points after you charge $1,500 to your Card in your first 3 months
Card details
Network
American Express
Provider
American Express
Credit needed
Fair
Fees and interest
Annual fee
$150
Purchase interest rate
19.99%
Cash advance rate
22.99%
Balance transfer rate
N/A
Card description
  • Earn 50,000 Welcome Bonus Marriott Bonvoy™ points after you charge $1,500 in purchases to your Card in your first three months of Cardmembership. Offer subject to change at any time. 
  • Receive an Annual Free Night Award automatically each year after your anniversary.
  • Enjoy an automatic upgrade to Marriott Bonvoy™ Gold Elite status when you reach $30,000 in purchases on your Card each year.
  • Receive 15 Elite Night Credits each calendar year with your Marriott Bonvoy™ Business American Express® Card. These can be used towards attaining the next level of Elite status in the Marriott Bonvoy™ program.
  • You can earn 3 points for every $1 in Card purchases on eligible gas, dining and travel.
  • Earn 5 points for every $1 in Card purchases at participating Marriott Bonvoy™ properties. 
  • Earn 2 points for every $1 in purchases charged to the Card everywhere else.
  • Make the most of a suite of business management tools that give you more control over your business anytime and anywhere.
  • Redeem points for free nights with no blackout dates at over 7,000 of some of the world's most extraordinary hotels and resorts around the globe. Use your points for flights on some of the world's leading airlines.
  • American Express® is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.
Features
  • 24/7 Customer Service
  • Annual Travel Credit
  • Employee Card Misuse Protection
  • Entertainment Benefits
  • Fraud Protection
  • Hotel Benefits
  • Purchase Protection
  • Travel Benefits
  • Disability Coverage
Annual fee $699
Rewards rate 3 Points per $1 spent on eligible dining
Bonus offer 50,000 Bonus Membership Rewards points
Card details
Network
American Express
Provider
American Express
Credit needed
Excellent
Fees and interest
Annual fee
$699
Purchase interest rate
N/A
Cash advance rate
N/A
Balance transfer rate
N/A
Card description
  • Unlock special experiences with the newly designed metal Platinum Card
  • New Platinum Card® card members, earn 50,000 Bonus Membership Rewards® points by spending $3,000 in purchases in the first three months of card membership
  • Earn 3 points for every $1 in Card purchases on eligible dining in Canada, 2 points for every $1 in Card purchases on eligible travel, and 1 point for every $1 in all other Card purchases
  • You will have access to a $200 CAD annual travel credit to use towards any single travel booking of $200 or more charged to your Platinum Card and made on www.americanexpress.ca/travel or through Platinum Card® travel service
  • Take full advantage of the American Express Global Lounge collection which unlocks access to over 1200 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience
  • Enjoy complimentary benefits that offer an average value of $550 USD at over 1,000 extraordinary properties worldwide when you book Fine Hotels & Resorts
  • Platinum card members can enjoy access to special events and unique opportunities
  • Enjoy premium benefits at the Toronto Pearson Airport including security bypass, complimentary valet car service, and discount car care and parking
  • You will also have access to many leading hotel and car rental companies’ loyalty programs. Our partners include Marriott International, Hilton Hotels and Resorts®, Radisson Hotel Group, Shangri-La Hotels, and Resorts and Hertz® and Avis®
  • Receive up to a $100 USD hotel credit at participating properties on qualifying room charges and a room upgrade, when available
  • As a charge card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid interest charges
  • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply
Features
  • Airport Lounge Access
  • Airport Parking Discounts
  • Airport Valet Service
  • Annual Travel Credit
  • Complimentary Airline Upgrades
  • Entertainment Benefits
  • Extended Warranty
  • Flight Discounts
  • Golf Course Access
  • Hotel Benefits
  • Premium Hotel Program Membership
  • Purchase Protection
  • Rental Car Discounts
  • Travel Insurance
Annual fee $99
Rewards rate 4 Scotia Rewards points per $1 spent on eligible purchases
Bonus offer 15,000 Bonus Scotia Rewards points
Card details
Network
American Express
Provider
Scotiabank
Credit needed
Good
Fees and interest
Annual fee
$99
Purchase interest rate
19.99%
Cash advance rate
22.99%
Balance transfer rate
22.99%
Card description
  • Earn 15,000 bonus Scotia Rewards points with your first $1,000 in everyday purchases in the first 3 months◊. For accounts opened by June 30, 2019
  • Earn 4 Scotia Rewards points for every $1 you spend at eligible gas stations, grocery stores, on dining and entertainment
  • Earn 1 point for every $1 you spend on all other eligible everyday purchases
  • Complimentary Concierge Services 24/7
  • Rates, fees, offers and other information are effective as of March 1, 2018.  Subject to change.
Annual fee $0
Rewards rate 4% Cash back on two categories of your choice
Bonus offer 1.95% Interest rate on balance transfers (first 6 months)
Card details
Network
Mastercard
Provider
Tangerine
Credit needed
Good
Fees and interest
Annual fee
$0
Purchase interest rate
19.95%
Cash advance rate
19.95%
Balance transfer rate
1.95%
19.95% after 6 months
Card description
  • Get a 1.95% interest rate on balance transfers for the first 6 months, with a fee of 1% of the amount advanced
    • Only available for 30 days after being approved for a Tangerine Credit Card
  • Earn 4% Money-Back Rewards on purchases in two Money-Back Categories of your choice, and 0.50% Money-Back Rewards on all other purchases
  • Get three 2% Money-Back Categories if you choose to have your Rewards deposited into your Tangerine Savings Account, or two 2% Money-Back Categories if your Rewards are deposited back onto your Credit Card
  • No limit on the amount of Money-Back Rewards you can earn
  • No annual fee
  • 2.5% Foreign Conversion Fee
  • Free Cards for Authorized Users on your Account
  • Money-Back Rewards are earned automatically and paid monthly, and can either be applied towards your Credit Card balance or redeemed into your Savings Account.
  • Change your 2% Money-Back Categories to suit your spending.
  • Orange Alerts are emailed to you so that you’re up-to-date on what's happening in your Account.
  • Purchase Assurance and Extended Warranty
  • Accepted worldwide at more than 24 million locations in over 210 countries
  • Mastercard Zero Liability
Features
  • Extended Warranty
  • Free Supplementary Card
  • Purchase Protection
Annual fee $99 $0 for the first year
Rewards rate 4% Cash back on gas and grocery store purchases
Bonus offer 10% Cash back on everyday purchases (first 3 months)
Card details
Network
VISA
Provider
Scotiabank
Credit needed
Excellent
Fees and interest
Annual fee
$99
$0 for the first year
Purchase interest rate
19.99%
Cash advance rate
22.99%
Balance transfer rate
22.99%
Card description

•  Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).1 Plus, no annual fee in the first year.◊ A welcome offer of up to $299.†. For accounts opened by April 30, 2019.
•  4% on eligible gas station and grocery store purchases
•  2% on eligible drug store purchases and recurring bill payments
•  1% cash back on all other eligible everyday purchases
•  Rates, fees, and other information are effective as of March 1, 2018. Subject to change.

Annual fee $120
Rewards rate 5 Points per $1 spent on eats and drinks, including groceries
Bonus offer 30,000 Membership Rewards points
Card details
Network
American Express
Provider
American Express
Credit needed
Fair
Fees and interest
Annual fee
$120
Purchase interest rate
19.99%
Cash advance rate
22.99%
*provided you make your minimum monthly payments on time
Balance transfer rate
N/A
Card description
  • In your first year as a new Cobalt Cardmember, you can earn 2,500 Membership Rewards® points for each monthly billing period in which you spend $500 in net purchases on your Card. This could add up to 30,000 points in a year 
  • 30,000 points is enough for: 
    • An eligible short-haul flight using the Fixed Points Travel Program, or 
    • $300 in statement credits redeemed towards travel purchases charged to your Card or 
    • $300 worth of tickets on Ticketmaster.ca 
  • Earn 5 points for every $1 spent on Card purchases at eligible restaurants, bars, grocery stores and food delivery in Canada 
  • Earn 2 points for every $1 spent on eligible transit & gas purchases in Canada and eligible travel purchases. That's 2X the points on purchases that get you from point A to B 
  • Earn 1 point for every $1 in Card purchases everywhere else. We won't tell you where to spend, we'll just reward you on your Card purchases 
  • Cobalt Cardmembers receive regular Perks such as bonus reward offers and access to great events 
  • Get advance access to tickets to some of the hottest concerts, shows and events through Front Of The Line® by American Express Invites® and advance screenings to blockbuster movies 
  • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information and Terms and Conditions, click the Apply now link. Conditions Apply
Features
  • 24/7 Customer Service
  • Entertainment Benefits
  • Fraud Protection
  • Rental Car Insurance
  • Travel Benefits
  • Travel Insurance
0 cards selected
  1. ...
  2. ...
  3. 1
  4. 2
  5. 3
  6. 4
  7. 5
  8. ...
How it works
  1. Magnifying lens
    Search for cards

    Sort by type to find the card you're looking for.

  2. An assortment of information boxes
    Compare results

    Explore features, rewards and rates, then select your card.

  3. A form being filled in
    Apply online

    Continue to your chosen card's website and submit your application.

  4. An envelope next to a letter and a credit card
    Receive your card

    Once you're approved, your card will arrive in the mail.

Types of credit cards

Hugely popular among affluent and regular consumers alike, these cards allow you to earn points, air miles, cash back, or other types of rewards as you spend.

Annual Fee
$0–$699
Interest Rate
19.95%–30%
Credit Score
Good to Excellent
Compare

With low APRs, these cards are perfect for people who carry a balance from month to month. Many offer extra perks and some even have rewards programs!

Annual Fee
$0–$59
Interest Rate
7.99%–16.99%
Credit Score
Good
Compare

Struggling with credit card debt? These cards allow you to transfer balances over from other credit cards so that you can save money on interest.

Annual Fee
$0–$99
Interest Rate
8.99%–19.99%
Credit Score
Good
Compare

Designed with students in mind, these cards offer low fees, easy approval, and rewards that students love. For many Canadians, this will be their first credit card!

Annual Fee
$0
Interest Rate
19.99%
Credit Score
Fair to Good
Compare

You guessed it – these credit cards don’t charge any annual fee, so if you are able to pay off your balance every month, they are effectively free to use!

Annual Fee
$0
Interest Rate
5.99%–19.99%
Credit Score
Good
Compare

For consumers who wish to rebuild or establish their credit history. Depending on your credit score, you may be required to post a security deposit.

Annual Fee
$0–$59
Interest Rate
14.90%–19.99%
Credit Score
None to Needs Improvement
Compare Secured Cards
Compare Guaranteed Cards

Business credit cards have features appealing to small business owners, including expense management tools, extra insurance and the ability to support multiple cardholders.

Annual Fee
$150–$250
Interest Rate
19.99%-30%
Credit Score
Excellent
Compare

From hockey to baseball to football, and everything in between, Canadians love their sports, and now they can own a credit card that reflects their passion.

Annual Fee
$0–$29
Interest Rate
16.99–19.99%
Credit Score
Excellent
Compare

These cards bill in U.S. dollars. It’s time to say goodbye to currency conversion fees and unpredictable exchange rates when you’re making purchases in the U.S.

Annual Fee
$0-$139
Interest Rate
19.99%
Credit Score
Good
Compare

Compare credit cards at LowestRates.ca

Whether you're looking for travel rewards, balance transfers, cash back, or another credit card perk, you can find the perfect piece of plastic in just seconds at LowestRates.ca. Use our comparison tools above to dial in on the features that matter to you most and check out the exclusive credit card offers only available here.

How do credit cards work?

When you open up a credit card account, your credit card provider extends a line of credit to you so you can make purchases with your new card. Every time you buy something with your card, you spend money borrowed from your credit card provider.

As a cardholder, you agree to repay those funds within a set amount of time and to abide by the terms and conditions set out in your card’s contract. Your contract will describe the interest rates, late fees, surcharges, cash-advance limits, and other conditions that you're held to by using your card.

Once a month, your credit card company will send you a bill outlining all the purchases you made with your credit card, the minimum amount you owe, and the due date for your payment. You can opt to pay a portion of the bill or the full amount — it’s up to you.

If you don't pay your bill in full by the due date, any balance that you carry over into the next billing period will be subject to interest charges. The activity on your account will also be reported to the credit bureaus in Canada, which can boost your credit score over time if you use your card responsibly.

Who should get a credit card?

As more commerce moves online or goes high tech, credit cards are becoming a necessity rather than a convenience. Whether it’s booking an airline ticket, paying for parking, or shopping on your favourite store’s website, credit cards are often the only way to complete a transaction.

That means most working adults should have at least one credit card — provided they can use it responsibly. But if you have trouble controlling your spending or tracking your bills, a credit card might be a bad idea. Too many Canadians are already struggling to pay down their high interest rate debt.

Where can I find the right credit card?

When it comes to credit cards, online comparison websites like LowestRates.ca serve consumers best. We have powerful comparison tools that let you search for cards by category or criteria. So whether you're shopping by rewards, annual fees, interest rates, or credit score, you'll always find the right card. And unlike bank websites, comparison sites let you compare offers from all the major credit card providers in Canada rather than in just one company.

You'll be able to see how the best cards from retail banking giants like Scotiabank compare to the best cards from specialized providers like American Express. You'll also be able to view the best offerings in whichever credit card category you’re interested — you can compare your options side by side. Once you find the right card, just click the “Get Card” or “Apply Now” button, and we'll direct you to a secure application page for that credit card.

What type of credit card should I get?

 

Before you can find the perfect credit card, you need to know how you're going to use it and what kind of consumer you are. Do you pay off your card on time every month? How much do you spend? Do you make use of credit card rewards or is a low interest rate or another credit card feature more important to you? We offer a complete range of credit cards:

How can I benefit by getting a credit card?

 

Let us count the ways.

Convenience

Why carry wads of cash when you can just swipe your credit card and go? Millions of vendors worldwide accept credit cards and using a card is often the only way you can make online transactions.

Cash flow management

Credit cards let you to borrow money, which means you can use them to pay bills or make purchases even if you don’t have the cash immediately on hand. For many Canadians, particularly those just starting out, this is a huge benefit.

Fraud protection

Credit card providers act as an intermediary between you and the merchant. That means credit card charges can be reversed or put on hold if someone tries to defraud you or give you faulty goods.

Features, perks, and rewards

Many credit cards offer perks and rewards just for using them. Depending on the card you choose, you might get fraud protection, travel points, cash back, or special access to concerts and sporting events.

Credit building

It’s a fact — using your credit card responsibly can help you establish and improve your credit score over time. For Canadians looking to boost their credit, nothing works better than using a credit card and promptly paying your bill every month.

Expense monitoring

Credit cards offer a convenient way to track your monthly expenses and monitor your spending. Many cards also itemize your purchases by category so you can see exactly where your money goes each month and how your spending habits change over time.

Cheap to use (in the right hands)

Credit cards don’t cost a lot of money if you use them responsibly. As long as you pay your credit card bills on time and in full, you won’t be charged interest or late fees, making them very inexpensive to use.

Practicality

Nobody wants to be stuck without a way to book a hotel room, buy something online, or pay for parking. Credit cards aren't just a convenience, they’re a necessity. All you have to do is find the right card.

How many credit cards should I have?

While there's no perfect number, most consumers should avoid having more than two or three credit cards at a time. The more credit cards you have, the harder it is to track your bills and make your payments. Many middle to upper income credit card users use a premium, or “cadillac”, credit card that offers lots of perks and rewards and a regular card that serves as a backup.

What do I need to know about my credit card’s terms and conditions?

First, you should understand that once you sign your credit card agreement, the terms are legally binding. And your credit card issuer can change these terms at any time, as long as they provide written notice. So it’s a good idea to carefully read mail from your credit card company and check for changes or updates to your account.

Key terms that all credit card users should know

 
Credit limit

This is the maximum credit balance that can be outstanding on your card. And remember: your credit limit also includes interest and fees.

Annual percentage rate

The APR is the interest rate your card charges on balances, balance transfers, and cash advances carried over from one month to the next.

Fixed or variable APRs

The interest rate on your credit card can either be fixed (it stays the same) or variable (it increases or decreases based on whatever index it follows).

Grace period

This is the amount of time you have to pay for the charges on your credit card before interest begins accruing. Your grace period may be different for each card, but a typical grace period can be as long as 10, 15, or even 30 days.

Minimum payment

The minimum amount of money you're required to pay towards your credit card bill each month. If you can't meet the minimum payment, you'll be charged a late fee and the delinquency might be reported to your credit bureau.

Available credit

The amount of unused credit still available on your credit card. Wondering how your available credit is calculated? Just subtract your outstanding credit card balance from your total credit line.

For a full rundown of the credit card terms you might encounter, you can browse our glossary here.

What are the drawbacks of a credit card?

 

The main drawback of any credit card is that you can use it to spend money you may not have. And if you don't have good financial judgment, you can quickly rack up lots of high interest debt that you can't pay back. Studies show that credit card debt is a major factor in consumer bankruptcies in both Canada and the United States.

We recommend that credit card users never take on more debt than they can reasonably pay back within a few months.

What should I watch out for with a credit card?

You should always keep an eye on the interest rate (known as APR) terms on your card. Credit card APRs are subject to change and many cards offer low introductory rates that reset much higher after a few months.

It's also a good idea to be mindful of how your APR is calculated. Most credit cards take your average daily account balance for the month and charge interest on that figure; others subtract the previous month’s balance from the current month’s balance and charge interest on the remaining amount.

Some credit cards calculate APR using a “two-cycle” method: the average of the last two months’ worth of balances is used. The two-cycle method often results in higher interest charges, so you should think twice before taking a card that uses it.

Credit card users should also pay attention to ATM fees. Most cards charge anywhere from $2 to $5 on ATM withdrawals. Thankfully, you can easily avoid these fees — skip the ATM altogether and just take out cash from your debit card or at your local bank.

More ways to find a great rate