Canada’s best instant approval credit cards 2022 + MORE Nov 10th

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The best GIC rates in Canada for 2025 + MORE Feb 3rd

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »

RWRDS Daily Update July 10: Get 600 bonus Stars for linking a TD card to Starbucks Rewards & Amex will open a Centurion Lounge in Amsterdam + MORE Jul 11th

Get 600 bonus Stars for linking a TD card to Starbucks Rewards and American Express will open a Centurion Lounge in Amsterdam in 2026. Check out today's points & miles updates here: The post RWRDS Daily Update July 10: Get 600 bonus Stars for linking a TD card to Starbucks Rewards & Amex w.... More »

The best GIC rates in Canada for 2024 + MORE Aug 19th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »
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Chexy co-founder Liza Akhvledziani on investing, debt, and why you should always negotiate Jul 17th

When Liza Akhvledziani moved to Canada as an international student, she quickly realized that money worked differently here. From building a credit history to understanding how debt could affect her financial future, she had to learn a new set of rules while rebuilding her financial life from scratc.... More »

The best GIC rates in Canada for 2025 Sep 29th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Today is the last day for the flash deal on the WestJet RBC World Elite Mastercard that provides the highest ever WestJet dollars bonus for the card. That bonus is now 500 WestJet dollars when you spend $5,000 on the card in the first three months. This is 50 higher than the bonus we have […]
The post Last Day: Earn 500 bonus WestJet dollars with the WestJet RBC World Elite Mastercard appeared first on Rewards Canada.

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Canada’s best credit cards 2022

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Best credit cards in Canada for 2022
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Canadas best credit cards in more detail

By Barry Choi, Julie Cazzin and Keph Senett on  November 10, 2022

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, and you are 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 this list of best credit cards in Canada is here to help…

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Canada’s best instant approval credit cards 2022

Credit Cards

Best credit cards in Canada for 2022
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.

Let's get started

You will be leaving MoneySense. Just close the tab to return.

Best instant-approval credit cards in Canada

CardFeaturesAnnual feeBest for instant use: Canadian Tire Triangle Mastercard• 4% back in CTM on spending at Canadian Tire and partner stores• 1.5% cash back in CTM on groceries†• 5¢ per litre back on gas from participating Gas+ and Essence+ locations$0Best for overall rewards: American Express Cobalt*• 5 pts/$1 on groceries & dining• 3 pts/$1 on streaming services• 2 pts/$1 on travel, gas & transit• 1 pt/$1 on everything else$155.88Best for no fee rewards: PC Financial Mastercard*• 25 pts/$1 at Shoppers Drug Mart• 30 pts/$1 at Esso/Mobil• 10 pts/$1 on everything else$0Best for cash back: SimplyCash Preferred Card from American Express*• 2% cash back on all purchases• 4% on gas and groceries$119…

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