
Finding the perfect credit card or charge card can be a hustle, the following list contains the top-tier card offerings in Canada. This is of course subjective and no card is one-size-fits-all. Pace your applications with your spending opportunities. Offers come and go, but there are always offers to apply to.
1. The Platinum Card®

Welcome Offer: 115,000 Points with a referral bonus of 10,000 MR Points!
You could earn 95,000 Membership Rewards points when you charge $6,000 in purchases on your card in the first three months of Cardmembership.
My referral bonus of 10,000 Membership Rewards® points for each approved referral using the application below. That’s a total of 115,000 points, sweet eh?
Earn Rates
3X points on dining & food delivery purchases in Canada.
2X points on eligible travel
- A Charge Card has No Pre-Set Spending Limit (Payment must be made in full for each statement, unlike a credit card with a set limit that can be carried over)
- Recommended credit score: 700+ or (ERS 2.0: 670+) learn more about Equifax`s Risk Score 2.0
- Annual fee: $699
Minimum income required
$40,000
2. BMO CashBack® World Elite®* Mastercard®

10% cashback in your first 3 months!
Earn the highest cashback on groceries!
Earn Rates
5% on groceries
4% on ride-sharing, taxis, and public transportation
3% on EV & Gas
2% on recurring bills
- Recommended credit score: (ERS 2.0: 700+) learn more about Equifax`s Risk Score 2.0
- Annual Fee: $120, waived in the first year
- Roadside assistance
Minimum income required
$80,000 ($150,000 HHI)
3. Scotiabank Platinum American Express® Card

Earn 30,000 bonus Scene+™ points upon first purchase
Book and redeem for travel anywhere, anytime, with no travel restrictions.
Earn Rates
Earn 4 Scene+™ points on every $1 you spend at eligible gas stations, grocery stores, on dining and entertainment.
Earn 1 Scene+ point for every $1 you spend on everything else
- Recommended credit score: 740+
- Annual Fee: $399
4. BMO eclipse Visa Infinite Privilege* Card

Welcome Offer: Earn 90,000 points plus 25% more points with Auth/Users
Make every moment more luxurious with BMO`s most exclusive rewarding card geared to benefit your premium accounts!
Earn Rates
5x Groceries, Gas/EV, travel, dining, food delivery, drugstore
Plus, earn 1 point for every $1 spent on everything else plus 25% on all purchases when you add an authorized user to your account.
- Recommended credit score: (ERS 2.0: 760+) learn more about Equifax`s Risk Score 2.0
- Annual Fee: $499
- Get a $200 annual lifestyle credit
- Priority PassTM membership and 6 airport lounge visits per year
- Visa Infinite Privilege Concierge – Personal assistant on call
- All other VIP perks +
Minimum income required
$150,000 ($200,000 HHI)
5. American Express®Aeroplan®* Reserve Card

Earn up to 110,000 Welcome Bonus Aeroplan®* points1
Earn up to $3,200 or more in value within your first year!
Earn Rates
3 points per $1 spent on Air Canada
2 points per $1 spent on restaurants
1.25 points per $1 spent on all other purchases
- Recommended credit score: 720+
- Annual Fee: $599
6. MBNA True Line Mastercard

0% interest for 12 months – one of the best balance transfer offers in Canada!
Use available credit on your credit card to transfer funds right to your chequing account to pay off debt, invest, or whatever fits your financial needs.
- Recommended credit score: 721+
- Annual Fee: $0
7. Simplii Financial Cash Back Visa Card

Get 10% bonus cash back at eligible restaurants and bars for the first 4 months
9.99% intro APR for the first 6 months
Earn Rates
Get up to 4% cash back on restaurant, bar and coffee shop purchases, and 1.5% on gas, groceries and drug stores, and 0.5% back on just about everything else.
- Recommended credit score: 650+
- Annual Fee: $0
8. TD® Aeroplan® Visa Infinite Privilege* Credit Card

Earn up to $2,800 in value including up to 105,000 Aeroplan points!
The best alternative to the American Express Aeroplan Reserve Card
Earn Rates
Earn 2 points for every $1 spent on eligible purchases made directly with Air Canada® including Air Canada Vacations.
Earn 1.5 points for every $1 you charge to your Card on eligible gas, groceries, travel, and dining purchases.
Earn 1.25 points on all other purchases.
- Recommended credit score: (ERS 2.0: 760+) learn more about Equifax`s Risk Score 2.0
- Annual Fee: $599
Minimum income required
$150,000 ($200,000 HHI)
9. BMO AIR MILES® World Elite®* Mastercard®

Welcome offer: 2,000 AIR MILES Bonus Miles when you spend $3,000 in the first 3 months!
Winner of the 2021 creditcardGenius® AIR MILES Credit Card!
Earn Rates
Get 1 Mile for every $12 you spend on your credit card.
Always get 3 Miles for every $12 spent on your everyday needs at participating AIR MILES Partners.
Use fewer Miles with BMO`s exclusive 15% discount on all AIR MILES flights in North America and no blackout periods
- Recommended credit score: (ERS 2.0: 700+) learn more about Equifax`s Risk Score 2.0
- Annual fee: $120, 1st year free
Minimum income required
$80,000 ($150,000 HHI)
10. HSBC World Elite® Mastercard®

Welcome bonus: 80,000 bonus points* (Ends 2022/10/31)
You’ll save the typical 2.5% fee most other credit cards charge on purchases made in currencies other than CAD.
Earn Rates
Earn 3% in travel rewards on all eligible travel purchases (6 Points per $1) and earn 1.5% in travel rewards on all other eligible purchases (3 Points per $1).
- Recommended credit score: (ERS 2.0: 680+) learn more about Equifax`s Risk Score 2.0
- No foreign transaction fees
- Annual fee: $149, 1st year free
Minimum income required
$80,000 ($150,000 HHI) or a minimum of $400,000 in assets under management (based on liquid, investable assets with a financial institution in Canada).
11. CIBC AVENTURA® VISA INFINITE CARD

WELCOME OFFER: 35,000 Aventura Points!
Join and get over $1,200 in value!
Earn Rates
Earn 2 points for every $1 spent on travel purchased through the CIBC Rewards Centre rewards on all other eligible purchases (3 Points per $1).
Earn 1.5 points for every $1 spent at eligible gas stations, grocery stores and drug stores
Earn 1 point for every $1 spent on all other purchases
- Recommended credit score: (ERS 2.0: 660 – 724) learn more about Equifax`s Risk Score 2.0
- Annual fee: $139, 1st year free
Minimum income required
$60,000 ($100,000 HHI)
Disclaimer: Some content here contains referral links, and credit score estimates are subject to lenders’ internal risk assessments. Take every precaution before submitting an application.
You should know that in Canada we have two credit bureaus, Equifax and TransUnion. Some lenders may also approve or reject your application based on other factors. Use this information for educational purposes.
Last Updated on 04/23/2022 by Emmanuel Motelin
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