Ratehub.ca's Best Credit Cards in Canada
It’s easy to find the best credit cards in Canada by using Ratehub.ca’s credit card comparison chart. By selecting your monthly spending and preferences, we’ll match you with the best credit cards for your needs. Once you’ve picked the card you want, we’ll walk you through the steps to apply for it.
Best Travel Card |
Best Low Interest Card |
Best No Fee Travel Card |
Best No Fee Cash Back Card |
|---|---|---|---|
Best Travel Card
|
Best Low Interest Card
|
Best No Fee Travel Card
|
Best No Fee Cash Back Card
|
|
Earn $150 in bonus points for travel with your first $1000 in everyday purchases + 4x the points on groceries, gas, dining, and entertainment. |
0.99% introductory interest rate on balance transfers for the first 6 months. |
No foreign transaction fees + 1% cash back on all of your purchases + free roadside assistance. |
Welcome Offer: Earn 2.5% cash back on purchases for the first 3 months. Earn 1.25% cash back thereafter. |
| Apply now View details | Apply now View details | Apply now View details | Apply now View details |
| Low interest cards | Purchase interest rate | Annual fee | ||
|---|---|---|---|---|
|
12.49%
Cash advance 12.49%
|
$30 | Get details Compare all cards | ||
|
11.99%
Cash advance 11.99%
|
$29 | Get details Compare all cards | ||
|
13.99%
Cash advance 13.99%
|
$29 | Get details Compare all cards | ||
|
11.9%
Cash advance 11.90%
|
$20 | Get details Compare all cards | ||
|
11.99%
Cash advance 11.99%
|
$20 | Get details Compare all cards | ||
|
14.9%
Cash advance 19.80%
|
$59 | Get details Compare all cards | ||
|
14.99%
Cash advance 22.99%
|
$120 | Get details Compare all cards | ||
|
12.9%
Cash advance 12.90%
|
$35 | Get details Compare all cards | ||
|
12.99%
Cash advance 24.99%
|
$0 | Get details Compare all cards | ||
|
8.99%
Cash advance 24.99%
|
$39 | Get details Compare all cards | ||
|
12.9%
Cash advance 12.90%
|
$30 | Get details Compare all cards | ||
|
8.99%
Cash advance 8.99%
|
$0 | Get details Compare all cards | ||
|
|
Cash advance
|
first year free
|
Apply now |
| Balance transfer cards | Balance transfer rate | Annual fee | ||
|---|---|---|---|---|
|
22.99%
Cash advance 22.99%
|
$0 | Get details Compare all cards | ||
|
12.49%
Cash advance 12.49%
|
$30 | Get details Compare all cards | ||
|
11.99%
Cash advance 11.99%
|
$29 | Get details Compare all cards | ||
|
13.99%
Cash advance 13.99%
|
$29 | Get details Compare all cards | ||
|
11.9%
Cash advance 11.90%
|
$20 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$0 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$125 | Get details Compare all cards | ||
|
11.99%
Cash advance 11.99%
|
$20 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$150 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$0 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$99 | Get details Compare all cards | ||
|
12.9%
Cash advance 12.90%
|
$35 | Get details Compare all cards | ||
|
12.99%
Cash advance 24.99%
|
$0 | Get details Compare all cards | ||
|
8.99%
Cash advance 24.99%
|
$39 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$30 | Get details Compare all cards | ||
|
12.9%
Cash advance 12.90%
|
$30 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$0 | Get details Compare all cards | ||
|
1.95%
Cash advance 19.95%
|
$0 | Get details Compare all cards | ||
|
21.99%
Cash advance 21.99%
|
$39 | Get details Compare all cards | ||
|
22.99%
Cash advance 22.99%
|
$0 | Get details Compare all cards | ||
|
8.99%
Cash advance 8.99%
|
$0 | Get details Compare all cards | ||
|
|
after
months
Cash advance
|
first year free
|
Apply now |
| Secured credit cards | Purchase interest rate | Minimum deposit | ||
|---|---|---|---|---|
|
19.99%
Cash advance 19.99%
|
$500 | Get details Compare all cards | ||
|
14.9%
Cash advance 19.80%
|
$500 | Get details Compare all cards | ||
|
|
Cash advance
|
Apply now |
If you need any help comparison shopping, read our frequently asked questions below:
Why should I compare credit cards?
It’s important to compare credit cards so you can find the right card for your specific needs. The best credit card for you may not be the best credit card for someone else; it all depends on how much you make, how much spending you do with your card, and what rewards and features are important to you. For example, if you spend $2,000/month on your card and pay it off each month, you may want to find a great rewards credit card. On the other hand, if you only have a limited income or if there’s a chance you won’t be able to pay off your balance each month, you may want to look at no fee or low interest credit cards, instead. There are many different types of credit cards on Ratehub.ca, so input your spending and find the right one for you.
How does credit card interest work?
Credit card interest is charged to your credit account if you do not pay off your full balance each month by the payment due date listed on your credit card statement. If you miss the due date, you will be charged interest on the entire balance of your statement. Even if you pay off $999 of a $1,000 balance, you will be charged interest on the full $1,000 balance – not just on the $1 that’s leftover. The interest rate on a credit card is typically 19.99% for purchases and, if you can’t pay off your full balance, it goes back and begins to accrue on the date you made each transaction. For this reason, it’s important you only use your credit card when you know you can afford to pay it back in full by the payment due date to avoid high interest rates and penalties.
Why do some credit cards have an annual fee?
Annual fees are attached to some credit cards because you have to pay for the privilege of having the card in order to receive its rewards. Most annual fees range from $20 to $120, but they can go as high as $399. Typically, the higher the annual fee for a credit card, the greater the rewards it offers. Popular credit card reward programs offer travel, cash back and gas savings.
Should I get a rewards credit card?
If you pay off the full balance of your credit card (not just the minimum payment) by the payment due date and use your card responsibly, you could maximize the benefits of using your credit card by earning some great rewards. Of course, it’s important to be aware of the annual fee and understand how to value the points in your credit card’s rewards programs. But if you spend enough money, the rewards could far outweigh the credit card’s annual fees. If you don’t plan on using your card very often, don’t value the rewards or will not take advantage of them, a card with an annual fee might not be the best choice for you. In this case, consider a no fee credit card that still offers some rewards.