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The best credit cards in Canada for 2024
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The best credit cards in Canada for 2024
Whether you’re looking for rewards, low fees or valuable perks like travel insurance or airport lounge access, we can help.
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By Keph Senett and Justin Dallaire on August 6, 2024Estimated reading time: 35 minutes
A credit card can help you achieve many financial goals, from establishing your credit score to earning travel rewards and making a major purchase on credit. MoneySense has ranked the best credit cards in Canada across numerous categories of cards. On this page, however, you’ll find the best of the best: the cards that top their respective categories and cater to the needs of most Canadians. If you don’t find a card that suits you here, check out the credit card comparison tool below for even more options.
Best cards by categoryWhy we love itBest cash back credit cardSimplyCash Preferred Card from American ExpressAnnual fee: $1204% back on groceries and gas, and 2% back on all other purchases Best travel rewards credit cardAmerican Express CobaltAnnual fee: $156Some of the highest earn rates in Canada (with up to 5x the points on dining and groceries), combined with a flexible points, equals your best return on spending Best airline travel credit card (Air Canada)TD Aeroplan Visa Infinite CardAnnual fee: $139 High earn rates on gas, groceries and Air Canada purchases, easy redemptions and a $100 Nexus fee rebate every 2 yearsBest airline travel credit card (WestJet)WestJet RBC World Elite MastercardAnnual fee: $1191…