Best VISA Credit Cards in Canada for 2023

With a premium rewards program that gives you the flexibility to redeem points and rewards, we consider the RBC Visa Business Platinum Avion the best business credit card in Canada. It?s great for businesses that spend more than $800 a month and want a comprehensive insurance program for overseas travel and a lucrative welcome bonus on top of the flexibility in redeeming points.

• Best travel companion ? The perfect card for business owners who constantly travel, it provides 25% more points on travel related purchases and as the ability to transfer points to other travel rewards programs. It also comes with a comprehensive travel insurance package that covers medical, trip interruption and cancellation, and rental car collision and damage protection.
• Convenient redemption ? Points can be used to redeem flights, vacation packages, merchandise, rentals, balance payment, gift cards for employees, and more.
• Simplified business processes ? This credit card helps simplify employee reimbursement, accounting, and help identify tax-deductible expenses.

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.

Pay fewer fees when it comes to foreign transaction and purchases made across the border with a US dollar credit card. And when it comes to these specialty credit cards, the Scotiabank US Dollar VISA stands out with no U.S. dollar conversion fees on top of purchase security, extended warranty and a 25% discount at participating Avis locations.

• Low annual fee – While you have to pay a small amount of annual fee, the fee is significantly lower than other credit cards and is worth it if you usually make purchases in USD.
• Pay in U.S. dollars – Save more on offline and online purchases. Aside from saving money from fluctuating currency conversion, you don’t have to pay the 2.5% foreign transaction fee that other credit cards charge.
• Faster online checkout – Easy checkout and online purchases with Visa Checkout. This credit card is also eligible for Apple Pay and Android Pay.
• Purchase protection – Purchases made with the credit card are eligible for an extended warranty of 1 year and purchase protection for 90 days.

With the CIBC Dividend Visa Infinite Card, the cash back rewards are endless – especially if you use your credit card mostly for gas and groceries. You can earn up to 4% cash back with no limit on the amount you can earn. It’s the best credit card for gas, groceries and family spending.

• Generous earnings on the first months – For the first 4 months, this credit card gives you a 4% cash back on all spend. It’s the perfect way to test if this card suits your lifestyle and spending habits.
• Perfect for families – With 4% regular cash back on gas and grocery purchases, it’s the right credit card for growing families who spend a lot on these key areas.
• Unlimited cash back at the 1% rate – Fill your pockets with rewards with no limits on the 1% cash back range. And with the cap set at $80,000 for the 4% cash back, this credit card still gives you the best return for your purchases.
• Valuable insurance – It comes with purchase protection, emergency medical and trip interruption insurance, accident insurance, and more.
• Travel in style – Experience luxury worldwide travel and hotel benefits when using this credit card.

The CIBC Dividend® Visa Infinite* Card is the perfect card for people who want to get the best possible dividends from their purchases and gas. With this card, you'll get a whopping 4% back on grocery and gas purchases. You'll also get 1% back on everything else.

In order to qualify for this card, you need to have a $60k individual income or $100k as a household. You also need to be willing to invest $120 in the annual fee. However, you can quickly recoup your investment by getting the first year for free, plus an astounding 4% cashback on purchases.

The 4% cashback is the highest in the Canadian market. You'll never find a card that gives you more than that. What's even better is that there is no limit at how much you can make. Get free medical travel coverage, common accident insurance and loss damage insurance.

The CIBC Dividend® Visa Infinite* Card also offers you 24/7 concierge services, exclusive hotel deals and luxury travel benefits. With this card, you can also get personalized discounts and cheques at car rentals and enjoy superior dining experiences anywhere VISA is accepted as a payment method.

0% introductory interest rate on balance transfers for the first 6 months 

The Scotia Value Visa is aimed at individuals looking for a good balance transfer credit that offers decent privileges and a lower interest rate beyond the introductory promo period. Although it comes with a minimal fee, customers who cannot pay their balance in full can take advantage of the low post-promotional rate of 12.99%. Plus, if you regularly rent cars from Avis, then you might get the best value out of this card.

Why We Like It:

• Save on car rentals -Save up to 25% when you use the Scotia Value Visa to book your rental cars with AVIS and other budget rental car locations in Canada.
• Optional insurance coverage - For a small fee, depending on the remaining balance on your credit card, you can receive financial protection from a range of life events such as job loss, disability, critical illness, and loss of life.
• Faster checkout -The payWave feature helps you save time by allowing you to simply wave the card or use the app on your mobile phone to pay for small purchases.
• Free supplement card - Get an additional supplementary cardholder at no extra charge.

Coming with an annual fee of $29 and a very good interest rate of 12.99% for both purchases and cash advances, the Scotiabank Value® Visa* Card is one of the best credit cards you can find on the market if you're keen on paying a low interest.

This card from Scotiabank comes with an amazing introductory offer of 0% for cash advances. Basically, during the first 6 months, you can consolidate your debt and save hundreds of dollars on interest.

The only requirement to access this card is a minimum income of $12,000 a year, which is quite low. Most Canadians can get this card with ease. Once you get it, you'll be able to capitalize on certain perks.

First, you can pay an interest rate on cash advances of just 0% for the first 6 months. This means the rest of the year. This is one of the most attractive offers you can get this year. Second, you can get a free supplementary card for one of your family members or close friends.

Lastly, this card allows you to save 25% on car rentals, get optional protection and pay quickly at the checkout using the Visa app.

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:Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). No annual fee in the first year, including on supplementary cards.
• 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 after the first year.

The Scotia Momentum Visa Infinite card was the winner of the MoneySense best cashback card with a fee in 2020 - and for good reasons! Card holders earn cash back on all purchases at varying rates. There are also other perks of card ownership including access to exclusive Scotiabank events and offers, plus ample insurance coverage.

• Special Welcome Offer. Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). No annual fee in the first year, including on supplementary cards.
• Tiered Cash Back Rates. Earn 4% cash back for every dollar spent on groceries and recurring bill payments. Earn 2% cash back for every dollar spent on gas and daily transit. Finally, earn 1% cash back for every dollar spent elsewhere.
• Additional Perks. Obtain exclusive offers from Scotiabank including concierge service, competitive hotel rates and upgrades, and access to dining and wine country programs.
• Insurance Coverage. Ample coverage comes with this credit card, such as new mobile device, trip cancellation, trip interruption, purchase protection insurance and much more.
• Annual Fee. Gain access to all of the above perks at the cost of $120 after the first year.

For an annual fee of $139, card holders obtain an array of travel benefits including point travel redemption, travel insurance and airport lounge access. Scotiabank boasts about this credit card because it is the only major bank in Canada that offers a credit card with no foreign transaction fees and airport lounge access.

• Amazing Welcome Offer. When you spend $1,000 on the credit card within the first three months of ownership, you’ll earn 40,000 bonus points (worth about $400).
• Bonus Earning Offers. If you spend $40,000 in a year with this credit card, you’ll earn an additional 10,000 points (worth about $100).
• Scotia Rewards Earnings. Earn 2 Scotia points for every dollar you spend on groceries, dining, entertainment and daily transit. Earn 1 Scotia point for every dollar spent on other purchases.
• No Foreign Transaction Fees. While the exchange rate of your foreign purchases will still apply, you’ll save money on foreign transaction fees which would typically be 2.5%.
• Airport Lounge Access. A complimentary Priority Pass membership is provided with this credit card along with six free lounge visits per year.

The Scotiabank Passport™ Visa Infinite*Card offers 2 points for every $1 spent on grocery store, dining, entertainment, and transit purchases, and 1 point per $1 on everything else. That’s hardly best-in-class, so why does the Scotiabank Passport™ Visa Infinite* Card tie for best Scotiabank travel credit card?

Two reasons: a very lucrative bonus point offer and no foreign transaction fees.

Let’s start with the bonus points. You earn 40,000 welcome points when you spend $1,000 in the first 3 months. That’s worth up to $400, is easy to obtain, and is a solid reason to try this card for a year.

But wait, there’s more. Every year you charge $40,000 to your Scotiabank Passport™ Visa Infinite* Card, you’ll get 10,000 bonus points. If you can hit the $40,000 minimum each year, the 10,000 bonus points will nearly cancel out the $139 annual fee.

If that wasn’t enough, the Scotiabank Passport® Visa*doesn’t charge any foreign transaction fees. It comes with a suite of travel insurance benefits, Visa Infinite benefits, and includes six free airport lounge passes.

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.

The Home Trust secured credit card is an excellent credit card that enables those who do not have a good credit score to rebuild and reestablish it.

Almost everyone is approved(No credit, poor credit, bankruptcy and  consumer proposal).

To be approved for this secured credit card, the applicants need to provide a security deposit of $500 minimum and be of the age of majority in the province of residence.

This credit card does not offer any rewards but provides a 90 purchase protection to insure eligible items against theft or damage for 90 days from the date of purchase.

Each month Home Trust reports to Equifax and Transunion. This will ensure that your payment and credit history related to your Home Trust Secured credit card is updated with the major Canadians credit bureaus accordingly. You will need to make your payments on time each month to rebuild your credit.

Home Trust will give you back your deposit when you close your account.

The Home Trust secured credit card is one of the best cards in the market that can help you build your credit.

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.

The Home Trust secured credit card is an excellent credit card that enables those who do not have a good credit score to rebuild and reestablish it.The card has an interest rate of 14.90% on purchases.

Almost everyone is approved(No credit, poor credit, bankruptcy and  consumer proposal).

To be approved for this secured credit card, the applicants need to provide a security deposit of $500 minimum and be of the age of majority in the province of residence.

This credit card does not offer any rewards but provides purchase protection to insure eligible items against theft or damage for 90 days from the date of purchase.

Each month Home Trust reports to Equifax and Transunion. This will ensure that your payment and credit history related to your Home Trust Secured credit card is updated with the major Canadians credit bureaus accordingly. You will need to make your payments on time each month to rebuild your credit.

Home Trust will give you back your deposit when you close your account.

The Home Trust secured credit card is one of the best cards in the market that can help you build your credit.

With no foreign transaction fee and no annual fee in one credit card, what’s not to like about the Home Trust Preferred Visa? And because this is a no fee credit card, all benefits come free.

Why We Like It:

• No annual fee – You can try it for free.

• No foreign exchange fees – 0% foreign currency conversion charge when shopping abroad. It’s perfect for online and cross-border purchases – saving you 2.5% of the total cost.

• 1% Cash back rewards – Regardless of the category, this credit card gives 1% cash back on all eligible purchases. The total cash back balance is credited to your account at the start of each year.

One of the most attractive features of the Home Trust Preferred Visa is the cash back rewards. Cash can be earned on all eligible purchases and there is no limit on how much cash you can earn. Your rewards are paid as a credit to your credit card statement annually (every January).

In addition to the lucrative cash back rewards, there is no annual fee for this card. There are also secondary benefits that card holders are eligible for including no foreign exchange fees.

The most notable of this list is the lack of foreign exchange fees. If you’re an avid traveler or do a lot of online shopping in foreign currencies, the Home Trust Preferred Visa is an excellent choice. Foreign transaction fees might seem like nothing, but they add up, especially when you factor in foreign exchange rates. 

Not only is the Home Trust Preferred Visa great from a financial aspect, the bank itself has stellar ideals and makes it their mission to cater to their customers. They aim to provide financial services to individuals who don’t have a typical credit background and can’t reach their financial goals with traditional banks. 

There are some drawbacks to using this credit card and working with Home Trust. For one, this card is not accessible in Quebec. In addition, the amount of transactions the cardholder can incur per day is ten. Most credit card users won’t exceed this limit, but it’s a hassle to always have it on your mind. The card also does not allow for tap payments and customer service is not available 24/7, only during business hours.

Overall, the Home Trust Preferred Visa is a phenomenal choice. If you’re an individual who travels a lot, this card is especially beneficial considering how rare no foreign transaction fees are in combination with no annual fee. Home Trust is a small, yet effective, bank that delivers to their customers. 

This credit card has a close cousin which is the Home Trust Secured Visa.To get more information read our review on the Home Trust Secured Visa.

The ScotiaGold Passport® Visa* Card is a travel credit card that costs $110 a year. With this card, you get 1x reward points on each and every purchase you make, and 5% cashback on the travel purchases you make using the Scotia Rewards travel service.

This card is excellent for frequent travellers, as it helps them book and redeem the best travel options and gain comprehensive travel insurance. With this card in your pocket, you'll gain the peace of mind that you are protected from any incident or accident.

With the Gold Passport card, you gain extended warranty & security on any purchases you make. All you have to do is to use this card when making a purchase. You also get travel insurance, car rental savings, rental car coverage, delayed or lost baggage insurance, hotel burglary insurance, and travel accident insurance.

In addition to the 5 types of coverage you can get with this card, you'll also be able to shop for additional coverage and extended warranty protection. To top it all, you can request two free supplementary cards that you can give to your family members.

The RBC Visa Signature Black is a good card for people who regularly purchase in USD and who shop across the border. It transacts using U.S. dollar so you can avoid daily fluctuations. Because this is also an American credit card and not just a USD currency card, it does not charge the typical 2.5% foreign transaction fee on purchases in the US.

• No U.S. credit score or address required – the company will use your Canadian credit history and any RBC relationship to qualify you for your card.
• Flexible redemption – This credit card lets you earn 1 RBC Rewards point for every $1 spent. Points earned can be redeemed for cash back, travel, gift cards, merchandise, and more.
• Various benefits – This credit card protects what’s valuable to you with trip cancellation or interruption insurance, travel accident insurance, auto rental collision damage waiver, cell phone insurance, and purchase security.

A U.S. dollar Visa card for the frequent traveller/shopper. Avoid exchange rates while earning 1 RBC Rewards point for every $1 spent. The points are flexible, but cash back is the simplest redemption option (1 point = $0.01). This no-annual fee card also comes with a travel insurance package, auto rental collision damage waiver, mobile phone insurance, and purchase security. Right now there’s a 0% introductory APR offer for the first 6 months.

Always going to the US for vacation? Then it pays to have the TD US Dollar Visa Card in your wallet. It lets you pay in USD directly, eliminating foreign exchange fees and giving you better exchange rates than if you use other Canadian credit cards. This US dollar credit card is perfect for the frequent cross-border shopper or business people who are heading south often.

• Freedom to shop across the border – Because you won’t be charged a foreign exchange fee (usually 2.5% from regular credit cards), you can shop, eat at foreign restaurant or book a hotel with peace of mind and more savings on your pocket. It also takes the guesswork out of fluctuating currency exchange rates.
• Enough protection – While other US credit cards offer minimal protection, the TD US Dollar Visa Card provides sufficient trip interruption coverage, delayed and lost baggage insurance, collision or loss damage coverage for rental cars, and purchase security and extended warranty protection.
• Convenient payment – This credit card offers chip and payWave convenience. It is also compatible with Apple Pay.

This credit card allows cardholders to easily make purchases in United States currency. This card carries an annual fee of $39 USD for the primary cardholder and $0 for additional cardholders. The annual interest rate is 19.99% on purchases and 22.99% on cash advances.

This card's key feature is that it allows cardholders to make purchases and pay bills in United States currency without incurring foreign transaction fees. It also allows cardholders to avoid the hassle of dealing with fluctuating currency exchange rates. This feature can prove to be quite valuable as well, as exchange rates and fees can significantly reduce the value of money spent internationally.

There is no minimum income requirement to apply for this card. Applicants simply must be Canadian residents who have reached the age of majority in their province or territory.

The bottom line: Credit card users who frequently find themselves making purchases from United States business, paying bills in the United States, or otherwise making personal transactions in United States currency could greatly benefit from this card. This card allows cardholders to avoid paying foreign transaction fees and to avoid the financial and logistical challenges that fluctuating exchange rates pose.

The TD Aeroplan Visa Infinite Card is a versatile credit card that allows you to earn Aeroplan miles, get a comprehensive travel insurance package, and earn rewards at a decent rate. With TD being the official partner of Aeroplan, we consider this one of the best Aeroplan credit card in Canada. It targets members and gives double miles when used together with the Aeroplan membership card.

• Earn Aeroplan points on your everyday Purchases. Whether you use your TD^® Aeroplan^® Visa Infinite Card for gas, bills or groceries, you’re rewarded with Aeroplan points that can take you across the globe
• Redeem your rewards any time – Every seat, every flight, no restrictions
  Every Air Canada seat available to buy for cash is also available for points – no restrictions, no blackout periods.
• Use Aeroplan points for more than just flights - Redeem your points across your trip, from hotel rooms to car rentals.
• Peace of mind when travelling – With a medical coverage that includes standard protection and up to $2 million coverage during the first 10 days of a trip, this card lets you travel in peace. In addition, it also offers access to emergency travel assistance as well as delayed and lost baggage insurance.
• Assistance on the road – This credit card gives you complimentary membership to the company’s TD Auto Club and makes you eligible for free emergency roadside assistance anytime.

The most obvious feature of this credit card is in the name, it has a connection to Aeroplan. Aeroplan is Canada’s frequent flyer program and the TD Aeroplan Visa Infinite allows card holders to earn Aeroplan points on daily expenditures. In addition, there is a welcoming bonus of 10,000 bonus Aeroplan points with your first purchase. It doesn’t take much to start earning!

Card holders earn 1.5 miles per dollar spent on groceries, pharmacies, gas and Air Canada purchases. One point per dollar spent is earned on all other purchases. A notable benefit of the TD Aeroplan Visa Infinite credit card is you can earn points on everyday expenditures which means it’s not challenging to earn at all.

In addition to the ease of earning points, cardholders gain access to travel insurance. The insurance covers car rental insurance, delayed or lost baggage, trip cancellation or interruption, flight delay, travel accident and medical emergency expenses. However, insurance only applies when you charge the full cost to your TD Aeroplan Visa Infinite which can be inconvenient when you’re abroad. Finally, cardholders have special Air Canada benefits when you redeem your points for Air Canada flights. These include priority check-in, priority boarding, an annual visit to the Air Canada Maple Leaf Lounge and a complimentary first checked bag.

A pitfall of this credit card is the $139 annual fee. TD will waive the fee for the first year if you have an All-Inclusive Account and have $5,000 or more sitting in that account. Another disadvantage is that it's hard to peg the actual value of the points you earn. The amount of points you need for a flight depends on your desired travel class and destination. TD allows card holders to redeem their points on any Air Canada flight or any other Star Alliance partner airline which gives you ample choice. While the travel points aren’t the best on the market, it can be an extremely favourable card for those who like to travel with Air Canada.

All in all, the TD Aeroplan Visa Infinite card has a lot of advantages, but they’re not the best on the market. Also, the disadvantages can off put the advantages making it subpar. However, it is more attainable than other travel based credit cards on the market and is an excellent choice if you already bank with TD and work with Aeroplan.

The product of TD's partnership with Expedia, the TD First Class Travel Visa Infinite Card is a great card for travelers. It comes with a host of travel benefits including a flexible points program, generous sign-up bonus and impressive travel insurance coverage.

• Generous sign-up bonus - For a limited time, new applicants can receive up to 80,000 TD bonus points ($570 value when redeemed for travel) 
• Rich travel rewards- Book your flights or any form of travel on ExpediaforTD.com and get back an equivalent of 4.5% for every dollar spent. This is a lot compared to the 2% reward offered by most travel credit cards in Canada. Plus, ExpediaforTD offers the same access to flights and hotels offered by Expedia.com, giving you a lot of options for flights and hotel packages at your fingertips.
• Flexible travel options - You can redeem your points for almost everything travel-related such as flights on any airline, hotel stays, car rentals and vacation packages. Points can also be used to cover the cost of taxes and fees as well as be used to redeem merchandise and gift cards from TD's e-store.
• Full range of travel insurance benefits - Get fully covered and protected with a comprehensive travel insurance that includes $1,000,000 in travel medical coverage and rental car insurance.

The product of TD's partnership with Expedia, the TD First Class Travel Visa Infinite Card is a great card for travelers. It comes with a host of travel benefits including a flexible points program, generous sign-up bonus and impressive travel insurance coverage.

This credit card taps into one of the largest travel tools out there - Expedia. Not only can card holders use their points to purchase travel products on Expedia for TD, when they make a purchase they earn nine points per dollar spent. That’s one of the quickest ways to earn travel points in Canada! Keep in mind that Expedia for TD has all of the flights, hotels and travel packages that the regular Expedia site has. Fortunately, there are no black out dates or other limitations when booking. Points never expire and can go towards taxes and other fees. If travel isn’t for you, you can also redeem points for merchandise and gift cards through TD. However, this way, you won’t get as much value for your purchase.

When you obtain the TD First Class Travel Visa Infinite, you will receive a welcome offer of 20,000 points after your first purchase and 80,000 TD Points when you spend $1,000 within 90 days of Account opening. For purchases outside of Expedia for TD, cardholders earn a meger three points per dollar spent.

While enjoying your travels abroad, you will benefit from travel insurance as well with the TD First Class Travel Visa Infinite. The main travel insurance coverage includes medical emergency, travel accidents, trip cancellation, car rental insurance, delayed or lost baggage and trip interruption. During your flights, you also can access lounges at a discounted price.

All of these features are great, but the card requires a $120 annual fee and income of $60,000 individually or $100,000 among the household(Annual fee waived at this time). Additional users also come with a $50 fee. The good news is that if you have a TD All Inclusive Banking Plan with $5,000 in it at all times, the annual fee will be waived. The bad news is if you dip below $5,000 in that account, you will be charged $30 per month which works out to be more than the annual fee.

The TD First Class Travel Visa Infinite is an excellent choice for individuals who travel once a year or more because card holders will earn points quickly on regular purchases. In addition, there are an array of benefits that the card holder can benefit from. So long as you can afford the annual fee and meet the income requirements, consider getting this credit card today!

If you love to get a lot of cash back on your purchases and you want to see those dollars pouring in, then you'll simply love the Simplii Financial® Cash Back Visa* Card. This "simple" cash back card offers some of the best rewards on the Canadian market, giving you cash back of up to 10%.

This amazing card comes with no annual fee and allows you to add up to 3 additional cardholders. It offers you a wide range of rewards, including unlimited cash back, payment app integration, extended protection insurance, purchase security, and extras.

In terms of cash back, you'll earn 4% on eligible restaurants and coffee shops, 1.5% on groceries, pre-authorized payments, gas & drugstore purchases, and 0.5% on all other credit card purchases. You can quickly calculate your cash back with the tool on their website.    

Optionally, you can add CIBC payment protector insurance and emergency travel medical insurance. To become eligible for this card, all you need to have is a minimum of $15k household income.