My Rate Compass

Best Student Credit Cards in Canada for 2020

 
Welcome Bonus
Annual Fee: $0
Purchases Interest Rate: 19.95%
Cash Advance Interest Rate: 19.95%
Recommended Credit Score
Average to Excellent (670-900)
Why we like it?
  • No annual fee
  • Unlimited rewards
  • Automatic monthly cash back redemption
  • Flexibility
  • Get more rewards
Apply Now Full Review
Why we like it

1.95% interest on the transferred balance for the first 6 months

Regarded as one of the best credit card in Canada, Tangerine provides no annual fee, a lucrative 2% cash back in up to 3 merchant categories, and 0.5% on all other purchases with no caps, tiers or limits. It provides choice, value and convenience to beginner credit card users and even works great as a secondary credit card.

  • No annual fee -The no annual fee for both primary and secondary holders means that you are not paying for your cash back.
  • Unlimited rewards -Earn as much cash back rewards regardless of the category.
  • Automatic monthly cash back redemption -Every month, Tangerine will either apply your cashback dollars against your credit card balance or deposit it directly into your Tangerine Savings Account.
  • Flexibility - You can choose 2-3 categories for the 2% cash back and change categories once every 90 days to match your spending pattern.
  • Get more rewards -Maximize your credit card rewards by choosing another cash back credit card that has bonus categories and using your Tangerine card to expand and get more bonus categories.
Credit Card snapshot
Tangerine Money-Back Credit Card Review

Earn 2% Money-Back Rewards on purchases in up to 3 categories of your choice, and 0.50% Money-Back Rewards on all other purchases.

  • 2% Rewards in your chosen categories
  • Get 0.50% money back on all other everyday purchases.

  • Money-Back Rewards are earned automatically and paid monthly, and can either be applied towards your Credit Card balance or redeemed into your Savings Account.

  • No limit on the amount of Money-Back Rewards you can earn.

  • Change your 2% Money-Back Categories to suit your everyday spending.

    • Optimizing your 2% Money-Back Categories to suit your everyday spending has never been easier. Choose your categories to earn the most money back.

    • During your first 6 months, transfer balances from your other high interest rate credit cards, and pay only 1.95% interest on the transferred balance for the first 6 months.

      Fees:

      • Annual: $0
      • Balance transfer: 3% with $5 minimum
      • Cash advance: $3.50 inside Canada, $5 outside Canada, plus 19.95% interest on overdue amounts
      • Foreign transaction: 2.5% per transaction
      • Missed or late payments: increased interest rates to 24.95% on all purchases
      • Over limit: $25 (Tangerine does not allow you to go over your limit unless the transaction was pre-approved)

       

Welcome Bonus
Annual Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Average to Excellent (670-900)
Why we like it?

 

  • Free movies
  • No annual fee
  • Generous rewards
  • Redeem as soon as you can
  • Points don't expire
Apply Now Full Review
Why we like it

 

Great for students and individuals who love going to the movies, the SCENE Visa Card gives generous points for movie ticket purchases at Cineplex Theatres and rewards you for everyday purchases on top of it. In addition, this card has no annual fee for both primary and supplementary cardholders. Try it, completely risk free, for no other reason than getting free movies.

 

Why We Like It:

  • Free movies - For starters, the generous sign-up bonus gives you around 2 to 5 free movies simply by checking out this credit card.
  • No annual fee - The zero-yearly fee means that you are free to test if this credit card is for you.
  • Generous rewards - Earn an impressive 5 points for every dollar spent at Cineplex Odeon Theatres (i.e. Famous Players, SilverCity, Scotiabank Theatres, Cinema City, Galaxy, etc.) and 1 point everywhere else.
  • Redeem as soon as you can - Redeem for music, movies and other rewards for as low as 1,000 points.
  • Points don't expire -You earn and get to keep your points for as long your account remains active.
Credit Card snapshot

SCENE®* Visa* Card review

Earn 2,500 bonus points with your first $500 in everyday purchases in first 3 months

Earn 1 SCENE point for every $1 you spend on your everyday credit card purchases

Get SCENE points faster

Earn 1 SCENE point for every $1 you spend on your everyday credit card purchases

Earn 5 SCENE points for every $1 you spend on credit card purchases at Cineplex theatres or at cineplex.com

Get FREE movies

Redeem for a FREE movie with just 1,000 points.

Save at participating restaurants

Get $10 off at participating restaurants when you redeem just 1,000 points

 

Welcome Bonus
Annual Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%
Recommended Credit Score
Average to Excellent (670-900)
Why we like it?

 

  • No annual fee
  • Increased cash back rewards with each spend
  • Faster payment
  • Car rental savings
Apply Now Full Review
Why we like it

Students who are serious in building their credit history may find the L?earn Visa Card to their liking. It has no annual fee, gives 1% cash back and has easy-approval requirements. While this student credit card has no bells and whistles in terms of rewards, the straightforward cash back structure offers enough rebates for you to save cash when you shop and delivers the advantages of a credit card minus the high-income requirement.

 

Why We Like It:

  • No annual fee ? Get started in building your credit history at no cost.
  • Increased cash back rewards with each spend ? The tiered cash back structure lets you earn more rebates with more spending. Cash is automatically applied to your next upcoming bill and there is no limit to the amount of cash back you earn.
  • Faster payment ? Perfect for on-the-go shopping, this credit card delivers Visa payWave convenience. Simply wave your card or use the app on the counter to pay for your purchase. This credit card is also compatible with Apple Pay, Android Pay, and My Mobile Wallet.
  • Car rental savings ? Similar to the Scotia Value Visa, this credit card gives 20% discount on Avis rental cars.
Credit Card snapshot

Accelerated Moneyback Reward Program

Students can now get a VISA card that was designed with students in mind. The L'earn VISA card offers a Moneyback reward program and a host of other great benefits.

  • Get up to a 1% Moneyback reward
  • $0 annual fee
  • Spend wisely, earn valuable rewards
  • Build a good credit rating
Welcome Bonus
Annual Fee: $59
Purchases Interest Rate: 14.9%
Cash Advance Interest Rate: 19.8%
Recommended Credit Score
Poor or No Credit (0-669)
Why we like it?
  • Easy application
  • No annual fee
  • Flexible credit limit
  • Low minimum payments
  • Monthly reporting
Apply Now Full Review
Why we like it

The Home Trust Secured Visa is designed for individuals who need to rebuild or reestablish their credit. It offers easy approval for anyone and gives you a flexible credit limit, ranging from $500 to $10,000, depending on your security deposit. Of course, it also comes with other benefits such as a 21-day no-interest grace period and no annual fee.

Why We Like It:

  • Easy application – Start rebuilding your credit score immediately. Almost everyone is approved for this secured credit card.
  • No annual fee – You pay absolutely nothing to get and use this credit card.
  • Flexible credit limit – From a minimum deposit of $500, you can get a credit limit scaling at 1:1 all the way up to $10,000. The security deposit will also be reimbursed in full (minus the outstanding balance) should the credit card be cancelled in the future.
  • Low minimum payments – If you want to pay the minimum, you can pay whichever is higher: $10 or 3% of the monthly balance.
  • Monthly reporting – Home Trust reports your progress to major credit agencies each month – jumpstarting your credit repair.
Credit Card snapshot

Home Trust Secured Visa Card Review

The best way to get the credit you deserve.The application process is very simple and almost everybody is approved!

Build or re-build your credit, even if you’ve had credit difficulties in the past,
or have never had a credit card before! An excellent opportunity to establish your credit rating.

Virtually everyone is approved.

Get all the benefits of Visa* while re-building your credit:

  • Make purchases over the phone or online
  • Plan and book a vacation
  • Access cash anytime, anywhere from over 1 million ATMs around the world displaying the Visa or Plus logo
  • Shop at over 24 million locations worldwide

The Home Trust Secured Visa Card is not available to residents of Quebec.
Welcome Bonus
Annual Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 19.99%
Recommended Credit Score
Poor or No Credit (0-669)
Why we like it?
  • Easy application
  • No annual fee
  • Flexible credit limit
  • Low minimum payments
  • Monthly reporting
Apply Now Full Review
Why we like it

The Home Trust Secured Visa is designed for individuals who need to rebuild or reestablish their credit. It offers easy approval for anyone and gives you a flexible credit limit, ranging from $500 to $10,000, depending on your security deposit. Of course, it also comes with other benefits such as a 21-day no-interest grace period and no annual fee.

Why We Like It:

  • Easy application – Start rebuilding your credit score immediately. Almost everyone is approved for this secured credit card.
  • No annual fee – You pay absolutely nothing to get and use this credit card.
  • Flexible credit limit – From a minimum deposit of $500, you can get a credit limit scaling at 1:1 all the way up to $10,000. The security deposit will also be reimbursed in full (minus the outstanding balance) should the credit card be cancelled in the future.
  • Low minimum payments – If you want to pay the minimum, you can pay whichever is higher: $10 or 3% of the monthly balance.
  • Monthly reporting – Home Trust reports your progress to major credit agencies each month – jumpstarting your credit repair.
Credit Card snapshot

No Fee Home Trust Secured Visa Card Review

The best way to get the credit you deserve.The application process is very simple and almost everybody is approved!

Build or re-build your credit, even if you’ve had credit difficulties in the past,
or have never had a credit card before! An excellent opportunity to establish your credit rating.


Get all the benefits of Visa* while re-building your credit:

  • Make purchases over the phone or online
  • Plan and book a vacation
  • Access cash anytime, anywhere from over 1 million ATMs around the world displaying the Visa or Plus logo
  • Shop at over 24 million locations worldwide

The Home Trust Secured Visa Card is a credit card that requires a security
deposit for eligibility. Your credit limit is then set at the amount of the
deposit. You can put down as little as $500, or as much as $10,000

The Home Trust Secured Visa Card is not available to residents of Quebec.
Welcome Bonus
Annual Fee: $0
Purchases Interest Rate: 19.95%
Cash Advance Interest Rate: 19.95%
Recommended Credit Score
Average to Excellent (670-900)
Why we like it?

Earn extra Rewards
Boingo Wi-Fi for Mastercard®
On-Demand and Subscription Services
Mobile Device Insurance

Apply Now Full Review
Why we like it
The World Mastercard offers new perks to their customers that are not available to Tangerine Money-Back Mastercard users. Mobile insurance of $1,000, rental car insurance worth $65,000 for 31 days and Mastercard airport experiences are perks that cardholders gain access to. Both of these insurance packages are beneficial for individuals who have a smartphone and are renting cars often.
Credit Card snapshot
 
Tangerine World Mastercard®  Review


Earn cash back

Earn 2% Money-Back Rewards in two 2% Money-Back Categories of your choice, and 0.50% Money-Back Rewards on all your other everyday purchases.
 
Easy online Pause My Card feature–in case you need it
If you ever think you’ve lost or misplaced your Card, there’s no need to panic. With a couple quick clicks, you can temporarily suspend it.
 

Transfer and save

During your first 30 days, transfer balances and pay an interest rate of only 1.95% on the transferred balance for the first 6 months (19.95% after that). A Balance Transfer fee of 1% on the amount transferred will apply.

No limits

No limit on the amount of Money-Back Rewards you can earn on your everyday purchases. Conditions apply.