Compare Credit Cards in Canada

Compare eight of the best credit cards in Canada side by side. Every card’s rates were verified against the issuer’s own page on November 8, 2026. The Wealthsimple card’s button is a referral link — if you apply through it, we may receive a referral bonus. The other buttons take you straight to each issuer’s own website, and we receive nothing if you apply.

Every card carries a Loonie Score — how we rate.

Find your card

Showing 8 of 8 cards.

American Express Cobalt Card

American Express

Loonie Score 4.4 / 5

Best for: eating out & groceries

Annual fee: $191.88/yr ($15.99/mo)

Foreign-transaction fee: 2.5%

Extended warranty: +1 year

Income requirement: Not published

Top earn rates:

  • 5 pts/$1 on eats & drinks (cap $2,500/mo of category spend)
  • 3 pts/$1 on streaming
  • 2 pts/$1 on gas & transit
  • 1 pt/$1 on everything else

See this card at the issuer

National Bank World Elite Mastercard

National Bank of Canada

Loonie Score 4.2 / 5

Best for: warranty & premium perks

Annual fee: $150/yr

Foreign-transaction fee: 2.5%

Extended warranty: Triples the manufacturer’s warranty, up to +2 years – the best in this comparison

Income requirement: $80,000 personal / $150,000 household

Top earn rates:

  • 5 pts/$1 on groceries & restaurants while your groceries-and-restaurants spend on this card is $2,500 a month or less (2 pts above)
  • 2 pts/$1 on gas, recurring bills & travel
  • 1 pt/$1 on everything else

See this card at the issuer

Scotiabank Passport Visa Infinite Card

Scotiabank

Loonie Score 4.1 / 5

Best for: travellers (no FX fee + lounge access)

Annual fee: $150/yr

Foreign-transaction fee: 0% – no foreign-transaction fee

Extended warranty: +1 year

Income requirement: $60,000 personal / $100,000 household

Top earn rates:

  • 3 pts/$1 at Sobeys-banner grocery stores
  • 2 pts/$1 on other groceries, dining, entertainment & transit
  • 1 pt/$1 on everything else (bonus caps $50,000/yr)

See this card at the issuer

Wealthsimple Visa Infinite Privilege

Wealthsimple

Loonie Score 4.6 / 5

Best for: flat 2% + no FX fee, fee waived for Wealthsimple clients

Annual fee: $240/yr, billed $20/mo – waived with $100,000+ at Wealthsimple or $4,000/mo in direct deposits

Foreign-transaction fee: 0% – no foreign-transaction fee

Extended warranty: +1 year

Income requirement: $150,000 personal income (other eligibility paths exist)

Top earn rates:

  • 2% cash back on everything

See this card at the issuer

You can earn a 5% cash back boost for 30 days when you join with our code wealthsimple.com/invite/6WWDIQ and get approved for the 2% Wealthsimple credit card. T&Cs apply.

CIBC Costco Mastercard

CIBC

Loonie Score 3.7 / 5

Best for: Costco members

Annual fee: $0

Foreign-transaction fee: 2.5%

Extended warranty: +1 year

Income requirement: Costco membership required; no published income minimum

Top earn rates:

  • 3% on restaurants & Costco gas
  • 2% on other gas & EV charging (gas tiers capped at $5,000/yr) and on Costco.ca (capped at $8,000/yr)
  • 1% on everything else, including in-warehouse purchases

See this card at the issuer

Rogers Red World Elite Mastercard

Rogers Bank

Loonie Score 4.3 / 5

Best for: Rogers/Fido/Shaw customers wanting flat cash back

Annual fee: $0

Foreign-transaction fee: 2.5%

Extended warranty: +1 year

Income requirement: $80,000 personal / $150,000 household

Top earn rates:

  • 2% on everything with a Rogers, Fido or Shaw service (1.5% without)
  • 3% on USD purchases

Terms change November 18, 2026 – redemption bonus ends and some travel insurance is removed

See this card at the issuer

Scotiabank Momentum Visa Infinite Card

Scotiabank

Loonie Score 4.0 / 5

Best for: groceries & recurring bills

Annual fee: $120/yr

Foreign-transaction fee: 2.5%

Extended warranty: +1 year

Income requirement: $60,000 personal / $100,000 household

Top earn rates:

  • 4% on groceries & recurring bills (combined cap $25,000/yr)
  • 2% on gas, transit & delivery (cap $25,000/yr)
  • 1% on everything else

See this card at the issuer

TD First Class Travel Visa Infinite Card

TD

Loonie Score 3.6 / 5

Best for: Expedia for TD bookers

Annual fee: $139/yr

Foreign-transaction fee: 2.5%

Extended warranty: See issuer (not verified)

Income requirement: See issuer (not verified)

Top earn rates (points worth 0.5 cents on Expedia for TD):

  • ~4% on travel booked via Expedia for TD
  • ~3% on groceries, dining & transit
  • ~2% on recurring bills & streaming
  • ~1% on everything else (category caps $25,000/yr)

See this card at the issuer

How we compare

Use the filters above to narrow the list by what matters to you: cash back or travel points, no foreign-transaction fee, no annual fee, or the best grocery earn. Points are valued at 1 cent unless a card says otherwise – TD Rewards points are worth 0.5 cents when redeemed for travel through Expedia for TD, so that card’s earn rates are shown as approximate cash-back equivalents. Annual fees and income requirements are the figures published by each issuer; where a figure is not published, we say so. Category caps are noted on each card, and welcome bonuses are not included in the earn rates.

Rates verified November 8, 2026. Card terms change – check the issuer’s own page before you apply. This page is not financial advice.

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