Canada’s best travel credit cards 2022 + MORE Jan 5th

We decided to something a little different this year and that’s to release our Top Travel Rewards Credit Card and Top Cash Back Credit Card rankings at the same time! The reason being is that travel still may not be on the radar for many Canadians due to the pandemic which means for some a switch in their loyalty program strategy. There are those who are itching to get away once it is safer to do so and they are racking up the points (or are looking to rack up the points) for that future travel. For others it has meant a focus in cash back and more liquid rewards rather than travel. It is this even split in strategies that led us to the decision to reveal the Top Travel & Cash Back Rewards Credit Cards at the same time. By doing so Canadians can make an informed decision on how they want to be rewarded for their credit card spending.Each of the rankings can be found at:Top Travel Cards: https://www.rewardscanada.ca/TopTravelCreditCard/ Top Cash Back Cards: https://www.rewardscanada…

If you’re looking for a card that delivers top rewards without an annual fee, look no further. In exchange for slightly lower earn rates, these no-annual-fee cards still get you perks on what you spend. So whether it’s cash back that you want, no foreign transaction fees or generous travel points, these no-fee credit cards offer gold-plated options.
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The best no-fee credit cards in Canada 2022

Card
Best for
Rewards / Feature

Tangerine Money-Back
(get more details)*
 
Cash back

2% in up to 3 categories of your choice
0.5% on everything else

AMEX SimplyCash
(get more details)*
Flat-rate

1.25% cash back on everything

Brim Mastercard
(get more details)*
No FX fees

1 pt/$1 on everyday purchases
No FX fees
Bonus points at eligible retailers
1 pt = 1% in cash back

MBNA Rewards Platinum Plus Mastercard
(get more details)*
Travel

2 pts/$1 on groceries & dining1
1 pt/$1 on everything else
1 pt = 1 cent in travel rewards

MBNA True Line
(get more details)*
Low APR

12…

The concept behind cash back credit cards is easy to understand. You get a small percentage back on purchases you make with the card, and the reward comes in the form of cash back, meaning money. The beauty of this system is that cash back rewards are flexible and you can spend them on anything you want.
Find your next credit card.What kind of credit card are you looking for? Get matched with the best cards for you in under 2 minutes at ratehub.ca. Let’s get started.I want to earn rewardsI want to pay low interestYou will be leaving MoneySense. Just close the tab to return.

No two cash back credit cards are identical, so you need to consider the annual fee, earn rate, how much your charge to your card and any additional benefits before you apply. To help you pick the right card we’ve put together a list of what the top options have to offer based on different categories.
The best cash back credit cards in Canada 2022

Card
Rewards
Annual fee

Scotiabank Momentum Visa Infinite*

4% on groceries
4% on recurring bills
2% on gas and transit
1% on everything else

$120

American Express SimplyCash
(get more details)*

1…

With a good travel credit card in your name, going on a trip can suddenly become more affordable (when you are ready to travel again, of course). And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexibility to transfer points between cards.
Find your next credit card.What kind of credit card are you looking for? Get matched with the best cards for you in under 2 minutes at ratehub.ca. Let’s get started.I want to earn rewardsI want to pay low interestYou will be leaving MoneySense. Just close the tab to return.

The card you choose should be based on the type of travel you enjoy, how you use your credit card (and on what purchases) and which additional travel benefits fit your lifestyle. To help you pick the perfect card, we’ve come up with a list of Canada’s best travel credit cards.
The best travel credit cards in Canada 2022

Card
Rewards
Annual fee

Scotiabank Gold American Express
(get more details)*

5 pts/$1 on groceries, dining & entertainment
3 pts/$1 on gas, transit & streaming services
1 pt/$1 on everything else
1 pt = 1% in travel rewards

$120

 
American Express Cobalt
(get more details)*

5 pts/$1 on groceries & dining
2 pts/$1 on travel, gas & transit
1 pt/$1 on everything else
1 pt = 1% / up to 1…

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. We’ve highlighted the best in 13 different categories so that you can zero in on the ones that fit your spending habits, and offer features you truly value. Remember, this “best credit cards” ranking is the starting point; the final decision is yours to make. 
Find your next credit card.What kind of credit card are you looking for? Get matched with the best cards for you in under 2 minutes at ratehub.ca. Let’s get started.I want to earn rewardsI want to pay low interestYou will be leaving MoneySense…