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

Image of Scotiabank®* Gold American Express® Card

Best Low Interest Card

Image of Scotiabank Value® Visa*

Best No Fee Travel Card

Image of Home Trust Preferred Visa

Best No Fee Cash Back Card

Image of SimplyCash™ Card from American Express

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
Rewards cards Purchase interest rate Annual fee First year rewards (up to)
Best travel credit cards
BMO CashBack MasterCard® View details BMO CashBack MasterCard®
19.99%
Cash advance 22.99%
$0
$180
Apply now
American Express® AIR MILES® Gold Business Card View details American Express® AIR MILES® Gold Business Card
19.99%
Cash advance 22.99%
$0
$127
Apply now
Scotia Momentum® No-Fee VISA card View details Scotia Momentum® No-Fee VISA card
19.99%
Cash advance 21.99%
$0
$152
Apply now
American Express® Air Miles Platinum® Credit Card View details American Express® Air Miles Platinum® Credit Card
19.99%
Cash advance 22.99%
$65
$357
Apply now
Scotia Momentum® Visa Infinite* Card View details Scotia Momentum® Visa Infinite* Card
19.99%
Cash advance 22.99%
$99
$510
Apply now
RBC Cash Back MasterCard® View details RBC Cash Back MasterCard®
19.99%
Cash advance 21.99%
$0
$175
Apply now
American Express® Business Gold Rewards Card View details American Express® Business Gold Rewards Card
30%
$250
$180
Apply now
BMO Air Miles World Elite MasterCard® View details BMO Air Miles World Elite MasterCard®
19.99%
Cash advance 22.99%
$120
$432
Apply now
MBNA Rewards Mastercard View details MBNA Rewards Mastercard
19.99%
Cash advance 24.99%
$0
$190
Apply now
MBNA Rewards World Elite View details MBNA Rewards World Elite
19.99%
Cash advance 24.99%
$89
$371
Apply now
PC Financial® World Elite Mastercard® View details PC Financial® World Elite Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
Blue Sky Credit Card View details Blue Sky Credit Card
19.99%
Cash advance 22.99%
$0
$325
Apply now
American Express® Air Miles® Credit Card View details American Express® Air Miles® Credit Card
19.99%
Cash advance 22.99%
$0
$169
Apply now
CIBC Dividend Visa Card View details CIBC Dividend Visa Card
19.99%
Cash advance 22.99%
$0
$161
Apply now
Harley-Davidson Mastercard® View details Harley-Davidson Mastercard®
19.99%
Cash advance 24.99%
$0
$90
Apply now
National Bank World MasterCard® View details National Bank World MasterCard®
19.99%
Cash advance 22.99%
$125
$145
Apply now
RBC Signature Rewards Visa View details RBC Signature Rewards Visa
19.99%
Cash advance 21.99%
$39
$249
Apply now
WestJet RBC MasterCard® View details WestJet RBC MasterCard®
19.99%
Cash advance 21.99%
$39
$191
Apply now
SCENE® Visa* Card View details SCENE® Visa* Card
19.99%
Cash advance 22.99%
$0
$402
Apply now
American Express® Gold Rewards Card View details American Express® Gold Rewards Card
30%
$150
$532
Apply now
RBC Visa Infinite Avion View details RBC Visa Infinite Avion
19.99%
Cash advance 21.99%
$120
$412
Apply now
TD First Class Travel Visa Infinite View details TD First Class Travel Visa Infinite
19.99%
Cash advance 22.99%
$120
$470
Apply now
TD Aeroplan Platinum Visa Card View details TD Aeroplan Platinum Visa Card
19.99%
Cash advance 22.99%
$89
$201
Apply now
TD Aeroplan Visa Infinite Card View details TD Aeroplan Visa Infinite Card
19.99%
Cash advance 22.99%
$120
$582
Apply now
CIBC Aerogold Visa Infinite View details CIBC Aerogold Visa Infinite
19.99%
Cash advance 22.99%
$120
$435
Apply now
National Bank World Elite® MasterCard® View details National Bank World Elite® MasterCard®
19.99%
Cash advance 22.99%
$150
$370
Apply now
SimplyCash™ Card from American Express View details SimplyCash™ Card from American Express
19.99%
Cash advance 22.99%
$0
$405
Apply now
PC Financial® World Mastercard® View details PC Financial® World Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
Laurentian Bank Visa Infinite card View details Laurentian Bank Visa Infinite card
19.99%
Cash advance 21.99%
$130
$297
Apply now
CIBC Dividend Visa Infinite Card View details CIBC Dividend Visa Infinite Card
19.99%
Cash advance 22.99%
$99
$101
Apply now
Desjardins Student Cash Back Visa View details Desjardins Student Cash Back Visa
19.9%
Cash advance 19.90%
$0
$25
Apply now
BMO SPC CashBack MasterCard® View details BMO SPC CashBack MasterCard®
19.99%
Cash advance 22.99%
$0
$90
Apply now
Scotiabank® American Express® Card View details Scotiabank® American Express® Card
19.99%
Cash advance 22.99%
$0
$299
Apply now
SimplyCash™ Preferred Card from American Express View details SimplyCash™ Preferred Card from American Express
19.99%
Cash advance 22.99%
$99
$441
Apply now
ScotiaGold Passport® VISA View details ScotiaGold Passport® VISA
19.99%
Cash advance 22.99%
$110
$120
Apply now
ECHO® Cashback MasterCard® View details ECHO® Cashback MasterCard®
19.99%
Cash advance 22.99%
$30
$231
Apply now
Scotiabank VISA Business Card View details Scotiabank VISA Business Card
19.8%
Cash advance 19.80%
$75
$115
Apply now
TD Platinum Travel Visa View details TD Platinum Travel Visa
19.99%
Cash advance 22.99%
$99
$246
Apply now
PC Financial® Mastercard® View details PC Financial® Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
TD Aeroplan Visa Infinite Privilege Card View details TD Aeroplan Visa Infinite Privilege Card
19.99%
Cash advance 22.99%
$399
$190
Apply now
American Express® Platinum Card® View details American Express® Platinum Card®
30%
$699
$26
Apply now
Tangerine Money-Back Credit Card View details Tangerine Money-Back Credit Card
19.95%
Cash advance 19.95%
$0
$243
Apply now
Walmart MasterCard® View details Walmart MasterCard®
19.89%
Cash advance 21.49%
$0
$195
Apply now
BMO SPC Air Miles MasterCard® View details BMO SPC Air Miles MasterCard®
19.99%
Cash advance 22.99%
$0
$108
Apply now
CIBC Aventura Visa Infinite View details CIBC Aventura Visa Infinite
19.99%
Cash advance 22.99%
$120
$262
Apply now
BMO World Elite MasterCard® View details BMO World Elite MasterCard®
19.99%
Cash advance 22.99%
$150
$617
Apply now
Scotia Momentum® VISA View details Scotia Momentum® VISA
19.99%
Cash advance 21.99%
$39
$266
Apply now
Desjardins Odyssey World Elite Mastercard View details Desjardins Odyssey World Elite Mastercard
19.9%
Cash advance 19.99%
$130
$140
Apply now
BMO® AIR MILES® MasterCard® View details BMO® AIR MILES® MasterCard®
19.99%
Cash advance 22.99%
$0
$108
Apply now
WestJet RBC World Elite MasterCard® View details WestJet RBC World Elite MasterCard®
19.99%
Cash advance 21.99%
$119
$421
Apply now
Scotiabank®* Gold American Express® Card View details Scotiabank®* Gold American Express® Card
19.99%
Cash advance 22.99%
$99
$915
Apply now
Best cash back credit cards
BMO CashBack MasterCard® View details BMO CashBack MasterCard®
19.99%
Cash advance 22.99%
$0
$180
Apply now
American Express® AIR MILES® Gold Business Card View details American Express® AIR MILES® Gold Business Card
19.99%
Cash advance 22.99%
$0
$127
Apply now
Scotia Momentum® No-Fee VISA card View details Scotia Momentum® No-Fee VISA card
19.99%
Cash advance 21.99%
$0
$152
Apply now
American Express® Air Miles Platinum® Credit Card View details American Express® Air Miles Platinum® Credit Card
19.99%
Cash advance 22.99%
$65
$357
Apply now
Scotia Momentum® Visa Infinite* Card View details Scotia Momentum® Visa Infinite* Card
19.99%
Cash advance 22.99%
$99
$510
Apply now
RBC Cash Back MasterCard® View details RBC Cash Back MasterCard®
19.99%
Cash advance 21.99%
$0
$175
Apply now
American Express® Business Gold Rewards Card View details American Express® Business Gold Rewards Card
30%
$250
$180
Apply now
BMO Air Miles World Elite MasterCard® View details BMO Air Miles World Elite MasterCard®
19.99%
Cash advance 22.99%
$120
$432
Apply now
MBNA Rewards Mastercard View details MBNA Rewards Mastercard
19.99%
Cash advance 24.99%
$0
$190
Apply now
MBNA Rewards World Elite View details MBNA Rewards World Elite
19.99%
Cash advance 24.99%
$89
$371
Apply now
PC Financial® World Elite Mastercard® View details PC Financial® World Elite Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
Blue Sky Credit Card View details Blue Sky Credit Card
19.99%
Cash advance 22.99%
$0
$325
Apply now
American Express® Air Miles® Credit Card View details American Express® Air Miles® Credit Card
19.99%
Cash advance 22.99%
$0
$169
Apply now
CIBC Dividend Visa Card View details CIBC Dividend Visa Card
19.99%
Cash advance 22.99%
$0
$161
Apply now
Harley-Davidson Mastercard® View details Harley-Davidson Mastercard®
19.99%
Cash advance 24.99%
$0
$90
Apply now
National Bank World MasterCard® View details National Bank World MasterCard®
19.99%
Cash advance 22.99%
$125
$145
Apply now
RBC Signature Rewards Visa View details RBC Signature Rewards Visa
19.99%
Cash advance 21.99%
$39
$249
Apply now
WestJet RBC MasterCard® View details WestJet RBC MasterCard®
19.99%
Cash advance 21.99%
$39
$191
Apply now
SCENE® Visa* Card View details SCENE® Visa* Card
19.99%
Cash advance 22.99%
$0
$402
Apply now
American Express® Gold Rewards Card View details American Express® Gold Rewards Card
30%
$150
$532
Apply now
RBC Visa Infinite Avion View details RBC Visa Infinite Avion
19.99%
Cash advance 21.99%
$120
$412
Apply now
TD First Class Travel Visa Infinite View details TD First Class Travel Visa Infinite
19.99%
Cash advance 22.99%
$120
$470
Apply now
TD Aeroplan Platinum Visa Card View details TD Aeroplan Platinum Visa Card
19.99%
Cash advance 22.99%
$89
$201
Apply now
TD Aeroplan Visa Infinite Card View details TD Aeroplan Visa Infinite Card
19.99%
Cash advance 22.99%
$120
$582
Apply now
CIBC Aerogold Visa Infinite View details CIBC Aerogold Visa Infinite
19.99%
Cash advance 22.99%
$120
$435
Apply now
National Bank World Elite® MasterCard® View details National Bank World Elite® MasterCard®
19.99%
Cash advance 22.99%
$150
$370
Apply now
SimplyCash™ Card from American Express View details SimplyCash™ Card from American Express
19.99%
Cash advance 22.99%
$0
$405
Apply now
PC Financial® World Mastercard® View details PC Financial® World Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
Laurentian Bank Visa Infinite card View details Laurentian Bank Visa Infinite card
19.99%
Cash advance 21.99%
$130
$297
Apply now
CIBC Dividend Visa Infinite Card View details CIBC Dividend Visa Infinite Card
19.99%
Cash advance 22.99%
$99
$101
Apply now
Desjardins Student Cash Back Visa View details Desjardins Student Cash Back Visa
19.9%
Cash advance 19.90%
$0
$25
Apply now
BMO SPC CashBack MasterCard® View details BMO SPC CashBack MasterCard®
19.99%
Cash advance 22.99%
$0
$90
Apply now
Scotiabank® American Express® Card View details Scotiabank® American Express® Card
19.99%
Cash advance 22.99%
$0
$299
Apply now
SimplyCash™ Preferred Card from American Express View details SimplyCash™ Preferred Card from American Express
19.99%
Cash advance 22.99%
$99
$441
Apply now
ScotiaGold Passport® VISA View details ScotiaGold Passport® VISA
19.99%
Cash advance 22.99%
$110
$120
Apply now
ECHO® Cashback MasterCard® View details ECHO® Cashback MasterCard®
19.99%
Cash advance 22.99%
$30
$231
Apply now
Scotiabank VISA Business Card View details Scotiabank VISA Business Card
19.8%
Cash advance 19.80%
$75
$115
Apply now
TD Platinum Travel Visa View details TD Platinum Travel Visa
19.99%
Cash advance 22.99%
$99
$246
Apply now
PC Financial® Mastercard® View details PC Financial® Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
TD Aeroplan Visa Infinite Privilege Card View details TD Aeroplan Visa Infinite Privilege Card
19.99%
Cash advance 22.99%
$399
$190
Apply now
American Express® Platinum Card® View details American Express® Platinum Card®
30%
$699
$26
Apply now
Tangerine Money-Back Credit Card View details Tangerine Money-Back Credit Card
19.95%
Cash advance 19.95%
$0
$243
Apply now
Walmart MasterCard® View details Walmart MasterCard®
19.89%
Cash advance 21.49%
$0
$195
Apply now
BMO SPC Air Miles MasterCard® View details BMO SPC Air Miles MasterCard®
19.99%
Cash advance 22.99%
$0
$108
Apply now
CIBC Aventura Visa Infinite View details CIBC Aventura Visa Infinite
19.99%
Cash advance 22.99%
$120
$262
Apply now
BMO World Elite MasterCard® View details BMO World Elite MasterCard®
19.99%
Cash advance 22.99%
$150
$617
Apply now
Scotia Momentum® VISA View details Scotia Momentum® VISA
19.99%
Cash advance 21.99%
$39
$266
Apply now
Desjardins Odyssey World Elite Mastercard View details Desjardins Odyssey World Elite Mastercard
19.9%
Cash advance 19.99%
$130
$140
Apply now
BMO® AIR MILES® MasterCard® View details BMO® AIR MILES® MasterCard®
19.99%
Cash advance 22.99%
$0
$108
Apply now
WestJet RBC World Elite MasterCard® View details WestJet RBC World Elite MasterCard®
19.99%
Cash advance 21.99%
$119
$421
Apply now
Scotiabank®* Gold American Express® Card View details Scotiabank®* Gold American Express® Card
19.99%
Cash advance 22.99%
$99
$915
Apply now
Best store credit cards
BMO CashBack MasterCard® View details BMO CashBack MasterCard®
19.99%
Cash advance 22.99%
$0
$180
Apply now
American Express® AIR MILES® Gold Business Card View details American Express® AIR MILES® Gold Business Card
19.99%
Cash advance 22.99%
$0
$127
Apply now
Scotia Momentum® No-Fee VISA card View details Scotia Momentum® No-Fee VISA card
19.99%
Cash advance 21.99%
$0
$152
Apply now
American Express® Air Miles Platinum® Credit Card View details American Express® Air Miles Platinum® Credit Card
19.99%
Cash advance 22.99%
$65
$357
Apply now
Scotia Momentum® Visa Infinite* Card View details Scotia Momentum® Visa Infinite* Card
19.99%
Cash advance 22.99%
$99
$510
Apply now
RBC Cash Back MasterCard® View details RBC Cash Back MasterCard®
19.99%
Cash advance 21.99%
$0
$175
Apply now
American Express® Business Gold Rewards Card View details American Express® Business Gold Rewards Card
30%
$250
$180
Apply now
BMO Air Miles World Elite MasterCard® View details BMO Air Miles World Elite MasterCard®
19.99%
Cash advance 22.99%
$120
$432
Apply now
MBNA Rewards Mastercard View details MBNA Rewards Mastercard
19.99%
Cash advance 24.99%
$0
$190
Apply now
MBNA Rewards World Elite View details MBNA Rewards World Elite
19.99%
Cash advance 24.99%
$89
$371
Apply now
PC Financial® World Elite Mastercard® View details PC Financial® World Elite Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
Blue Sky Credit Card View details Blue Sky Credit Card
19.99%
Cash advance 22.99%
$0
$325
Apply now
American Express® Air Miles® Credit Card View details American Express® Air Miles® Credit Card
19.99%
Cash advance 22.99%
$0
$169
Apply now
CIBC Dividend Visa Card View details CIBC Dividend Visa Card
19.99%
Cash advance 22.99%
$0
$161
Apply now
Harley-Davidson Mastercard® View details Harley-Davidson Mastercard®
19.99%
Cash advance 24.99%
$0
$90
Apply now
National Bank World MasterCard® View details National Bank World MasterCard®
19.99%
Cash advance 22.99%
$125
$145
Apply now
RBC Signature Rewards Visa View details RBC Signature Rewards Visa
19.99%
Cash advance 21.99%
$39
$249
Apply now
WestJet RBC MasterCard® View details WestJet RBC MasterCard®
19.99%
Cash advance 21.99%
$39
$191
Apply now
SCENE® Visa* Card View details SCENE® Visa* Card
19.99%
Cash advance 22.99%
$0
$402
Apply now
American Express® Gold Rewards Card View details American Express® Gold Rewards Card
30%
$150
$532
Apply now
RBC Visa Infinite Avion View details RBC Visa Infinite Avion
19.99%
Cash advance 21.99%
$120
$412
Apply now
TD First Class Travel Visa Infinite View details TD First Class Travel Visa Infinite
19.99%
Cash advance 22.99%
$120
$470
Apply now
TD Aeroplan Platinum Visa Card View details TD Aeroplan Platinum Visa Card
19.99%
Cash advance 22.99%
$89
$201
Apply now
TD Aeroplan Visa Infinite Card View details TD Aeroplan Visa Infinite Card
19.99%
Cash advance 22.99%
$120
$582
Apply now
CIBC Aerogold Visa Infinite View details CIBC Aerogold Visa Infinite
19.99%
Cash advance 22.99%
$120
$435
Apply now
National Bank World Elite® MasterCard® View details National Bank World Elite® MasterCard®
19.99%
Cash advance 22.99%
$150
$370
Apply now
SimplyCash™ Card from American Express View details SimplyCash™ Card from American Express
19.99%
Cash advance 22.99%
$0
$405
Apply now
PC Financial® World Mastercard® View details PC Financial® World Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
Laurentian Bank Visa Infinite card View details Laurentian Bank Visa Infinite card
19.99%
Cash advance 21.99%
$130
$297
Apply now
CIBC Dividend Visa Infinite Card View details CIBC Dividend Visa Infinite Card
19.99%
Cash advance 22.99%
$99
$101
Apply now
Desjardins Student Cash Back Visa View details Desjardins Student Cash Back Visa
19.9%
Cash advance 19.90%
$0
$25
Apply now
BMO SPC CashBack MasterCard® View details BMO SPC CashBack MasterCard®
19.99%
Cash advance 22.99%
$0
$90
Apply now
Scotiabank® American Express® Card View details Scotiabank® American Express® Card
19.99%
Cash advance 22.99%
$0
$299
Apply now
SimplyCash™ Preferred Card from American Express View details SimplyCash™ Preferred Card from American Express
19.99%
Cash advance 22.99%
$99
$441
Apply now
ScotiaGold Passport® VISA View details ScotiaGold Passport® VISA
19.99%
Cash advance 22.99%
$110
$120
Apply now
ECHO® Cashback MasterCard® View details ECHO® Cashback MasterCard®
19.99%
Cash advance 22.99%
$30
$231
Apply now
Scotiabank VISA Business Card View details Scotiabank VISA Business Card
19.8%
Cash advance 19.80%
$75
$115
Apply now
TD Platinum Travel Visa View details TD Platinum Travel Visa
19.99%
Cash advance 22.99%
$99
$246
Apply now
PC Financial® Mastercard® View details PC Financial® Mastercard®
19.97%
Cash advance 22.97%
$0
$180
Apply now
TD Aeroplan Visa Infinite Privilege Card View details TD Aeroplan Visa Infinite Privilege Card
19.99%
Cash advance 22.99%
$399
$190
Apply now
American Express® Platinum Card® View details American Express® Platinum Card®
30%
$699
$26
Apply now
Tangerine Money-Back Credit Card View details Tangerine Money-Back Credit Card
19.95%
Cash advance 19.95%
$0
$243
Apply now
Walmart MasterCard® View details Walmart MasterCard®
19.89%
Cash advance 21.49%
$0
$195
Apply now
BMO SPC Air Miles MasterCard® View details BMO SPC Air Miles MasterCard®
19.99%
Cash advance 22.99%
$0
$108
Apply now
CIBC Aventura Visa Infinite View details CIBC Aventura Visa Infinite
19.99%
Cash advance 22.99%
$120
$262
Apply now
BMO World Elite MasterCard® View details BMO World Elite MasterCard®
19.99%
Cash advance 22.99%
$150
$617
Apply now
Scotia Momentum® VISA View details Scotia Momentum® VISA
19.99%
Cash advance 21.99%
$39
$266
Apply now
Desjardins Odyssey World Elite Mastercard View details Desjardins Odyssey World Elite Mastercard
19.9%
Cash advance 19.99%
$130
$140
Apply now
BMO® AIR MILES® MasterCard® View details BMO® AIR MILES® MasterCard®
19.99%
Cash advance 22.99%
$0
$108
Apply now
WestJet RBC World Elite MasterCard® View details WestJet RBC World Elite MasterCard®
19.99%
Cash advance 21.99%
$119
$421
Apply now
Scotiabank®* Gold American Express® Card View details Scotiabank®* Gold American Express® Card
19.99%
Cash advance 22.99%
$99
$915
Apply now
Best travel credit cards
View details
Cash advance
first year free
Apply now
Best cash back credit cards
View details
Cash advance
first year free
Apply now
Best store credit cards
View details
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
View details after months
Cash advance
first year free
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.