My Rate Compass

Best Premium Credit Cards in Canada for 2020

 
Welcome Bonus
Annual Fee: $499
Purchases Interest Rate: -%
Cash Advance Interest Rate: -%
Recommended Credit Score
Poor / No Credit
Fair / Average
Good / Excellent
Why we like it?
Annual partner ticket benefit
 
Airport lounge access worldwide 

Air Canada priority Check-In
Why we like it
Premium Aeroplan credit card fully loaded with many travel features, benefits and insurance coverage.The annual fee is higher than other premium credit cards however reflect the world class features of the American Express brand.This is an excellent credit card because you’ll earn points no matter what you spend on. Points can be redeemed towards flights, cruises, hotels, vacation packages, travel experiences, merchandise and car rentals along with several others.
Credit Card snapshot

American Express® AeroplanPlus®* Platinum Card Review

WELCOME BONUS OFFER

New American Express® AeroplanPlus®* Platinum Cardmembers earn 40,000 Welcome Bonus Aeroplan®* Miles after spending $3,000 in the first three months of Cardmembership.

Earn Aeroplan Miles

Earn 1.25 Aeroplan Miles for every $1 of Card purchases up to $25,000 annually

Accelerate your earn rate to 1.5 miles for every dollar in purchases over $25,000 annually

Earn Aeroplan Miles twice when you use your American Express® AeroplanPlus®* Platinum Card and provide your Aeroplan Number at over 150 Aeroplan Partner brands

American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information and Terms and Conditions, click the Apply now link. Conditions Apply

Welcome Bonus
Annual Fee: $120
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Poor / No Credit
Fair / Average
Good / Excellent
Why we like it?
  • Welcome bonus
  • No-nonsense rewards
  • Enhanced insurance package
Why we like it

For people who love to eat and drive, the Scotia Momentum VISA Infinite Card is the best rewards credit card with a fee. It provides an unrivaled 4% cash back on food and gas along with 2% on recurring payments and drugstore purchases, and 1% on the rest. On top of that, this card also comes with comprehensive insurance benefits and concierge benefits.

  • Welcome bonus  The whooping 10% cashback bonus on the first three months is a very delicious offer to refuse.
  • No-nonsense rewards Rewards are clear, transparent, easy to earn and easy to redeem. Cash back rewards are paid out annually either as a deposit to eligible chequing or savings account or credited to your credit card statement.
  • Enhanced insurance package The improved insurance package is comparable with other more premium cards. It provides comprehensive coverage on travel, including rental car collision loss or damage as well as purchase security and extended warranty protection.
  • Additional Perks. Obtain exclusive offers from Scotiabank including concierge service, competitive hotel rates and upgrades, and access to dining and wine country programs.
  • Annual Fee. Gain access to all of the above perks at the cost of $120 per year.
Credit Card snapshot

Great reasons to get this card for your everyday purchases

Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). Plus, no annual fee in the first year, including on supplementary cards. A welcome offer value of $350*.

• 4% on eligible recurring bill payments and grocery store purchases

• 2% on eligible gas station and daily transit purchases

• 1% cash back on all other eligible everyday purchases

• Complimentary Concierge Services 24/7
• Visa Infinite Dining Series
• Visa Infinite Music Series
• Wine Country Wonders
• Luxury Hotel Privileges
• Comprehensive Travel Insurance & New Mobile Device Insurance coverage