The best credit cards for newcomers to Canada for 2024 + MORE Feb 1st

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The best rewards credit cards in Canada for 2024
Rewards credit cards help you earn cash back or points, which can be redeemed toward groceries, travel, merchandise, gift cards and more.

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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…

Credit Cards

The best credit cards for newcomers to Canada for 2024
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.

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Canada’s best credit cards for newcomers

By Keph Senett on February 1, 2024Estimated reading time: 16 minutes

In Canada, having a good credit score can help you secure a rental and get a loan or a mortgage, but it’s hard to know where to start when you don’t have a Canadian credit history or a credit card. One of the fastest ways to start building your Canadian credit score is to use a credit card responsibly, because banks and financial institutions report back to the credit bureaus that determine your score. For this reason, it’s important for newcomers to get a credit card, even without an established history…

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The best no-fee credit cards in Canada for 2024
From cash back to rewards points (and perks like no foreign transaction fees), here's a list of Canada's best no fee 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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Credit Cards

The best RBC credit cards in Canada for 2024
Discover the best RBC credit cards, whether you’re looking for cash back, travel points or low 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. Learn more about our advertising and trusted partners.

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