The best balance transfer credit cards in Canada for 2024 + MORE Mar 1st

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Credit card interest rates aren’t all the same. If you carry a balance on your credit card, or if you expect to take on debt that will take some time to pay off, you might want to consider applying for a low-interest credit card.

The savings could be substantial: while most regular credit cards charge around 20% in interest, the cards listed below offer rates that can be half that, or less. Some low-interest cards even come with attractive balance transfer promotions that will allow you to pay down debt at a greatly reduced rate for a limited time. To find out which have the best rates, perks and promotions, read on for our list of the best low-interest credit cards in Canada.

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers…

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The best credit cards for bad credit in Canada for 2024

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The best credit cards for bad credit in Canada for 2024
Did you know there are credit cards specifically for people who have a low or no credit score? We’ve rounded up the best cards that can help build your credit.

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CategoryCredit CardBest overall secured credit card for people with bad creditHome Trust Secured Visa*Best secured credit card for rewardsNeo Secured Card*Best credit card for bad creditCapital One Low Rate Guaranteed MastercardBest credit card for students with bad creditBMO Air Miles Mastercard for students*Best credit card for newcomers to CanadaScotiabank Momentum No-Fee Visa*

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers…

Continue Reading On moneysense.ca »

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The best balance transfer credit cards in Canada for 2024
Moving your credit card debt to a balance transfer card can help you pay off the debt more quickly by paying little or no interest.

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Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers…

Continue Reading On moneysense.ca »

The best credit cards for families 2023

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The best credit cards for families in Canada for 2023
We’ve rounded up the credit cards that are uniquely suited to family spending.

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Canada’s best credit cards for families

By Keph Senett on March 1, 2024Estimated reading time: 10 minutes

Starting a family changes everything—including which credit card is best for you. Your most-used spending categories might shift from dining out to groceries, and your credit card points might be used to book family vacations rather than a flight to Europe. The best credit card for your family will meet your new needs.

Best credit card by categoryWhy we love itBest for families overallCIBC Dividend Visa InfiniteAnnual fee: $120Between 2% and 4% cash back across five major spending categories, plus easy redemptionsBest for families on a budgetTangerine Money-Back Credit Card*Annual fee: $02% cash back in up to three categories of your choice, with no annual feeBest for no-fee cash backSimplyCash Card by American Express*Annual fee: $0At least 1…

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The best BMO credit cards in Canada 2024

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The best BMO credit cards in Canada for 2024
Discover the best of BMO’s credit card offerings, including recommended cards for travellers and students, as well as the most attractive no-fee, cash back and low APR cards.

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Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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