Canada’s best credit cards 2020 Jan 4th

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Canada’s best credit cards 2020

– moneysense.ca

Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balance monthly and find the right rewards program for you, you’re sure to come out ahead. There’s a slew of credit card options out there, and it can be challenging to find the best deal—but MoneySense is here to help. We’ve highlighted the best credit cards in 11 different categories so that you can zero in on the ones that fit your spending habits, and offer features you truly value. Remember, this ranking is only a starting point; the final decision is up to you.
The best credit cards in Canada 2020

American Express Cobalt and Scotiabank Gold American Express— Best travel rewards cards for everyday spending
TD First Class Travel Visa Infinite Card — Best Visa travel card
Scotia Momentum Visa Infinite — Best cash back card
Tangerine Money-Back Credit Card — Best no fee cash back card
Rogers World Elite — Best for no foreign transaction fees
MBNA True Line Gold — Best low interest card
MBNA True Line Mastercard — Best balance transfer card
BMO CashBack Mastercard — Best student credit card
Marriott Bonvoy American Express — Best hotel card
PC Financial World Elite — Best store or retail card
American Express Platinum — Best card for premium perks
How do credit cards work? —A quick walk-through
What’s the best credit card for me? — How to decide
Credit card points versus cash back — What to consider before applying
More on the best credit cards — View a complete list of top cards by category
Our methodology — For greater insight into our rankings

Best travel rewards card for everyday spending
American Express Cobalt*
With a high earn rate, generous welcome bonus and easy-to-use Points, the American Express Cobalt Card is our top pick as the best travel credit card for everyday spending…

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