Best Credit Cards in Canada (April 2026)
The best credit cards, similar to many other aspects of personal finance, can be highly subjective to each individual. All Canadians have different needs when it comes to credit card products, and different desires in what their credit cards offer.
That being said, we are lucky to have access to some excellent credit cards in Canada, and some that we would consider universally good, whether they can be classified in this category as a result of a strong welcome bonus or the benefits that they offer cardholders. The cards we have listed in this article are ones we would recommend to all of our readers, as they stand far above many of their competitors.
Let’s take a look at the best credit cards in Canada for April 2026.
Best Credit Cards in Canada by Financial Institution for April 2026
When it comes to the best credit cards in Canada, six main financial institutions offer the majority of available credit cards: American Express, Bank of Montreal, CIBC, Royal Bank of Canada, Scotiabank, and TD.
Best American Express Credit Cards
American Express credit cards have no income requirements and many of them allow cardholders to earn valuable American Express Membership Rewards points which can be transferred to several frequent flyer and hotel loyalty programs.
Frugal Flyer’s favorite American Express credit card is the American Express Cobalt card as it earns 5x Membership Rewards points on all food and drink purchases, including restaurant and grocery store purchases.
American Express Cobalt® Card
The American Express Cobalt® Card gives cardholders the opportunity to earn 5x Membership Rewards on eligible restaurant, food delivery, and grocery store purchases in Canada. With the American Express Membership Rewards® program, it makes for an everyday credit card.
See our American Express Cobalt Card Review for an in-depth review of this card.
OFFER
15,000 Membership Rewards points
MINSPEND
$9,000
EST. VALUE
$350+
ANNUAL FEE
$191.88
FOREX FEES
Yes
EXPIRY
–
Below are the top five American Express credit cards based on current welcome offers:
| Credit Card | ||
|---|---|---|
 |
120,000 Membership Rewards points and $150 FlyerFunds Estimated value: $2,550 |
|
 |
100,000 Membership Rewards points and $125 FlyerFunds Estimated value: $2,125 |
|
 |
90,000 Aeroplan points Estimated value: $1,890 |
|
 |
85,000 Aeroplan points Estimated value: $1,785 |
|
 |
70,000 Membership Rewards points Estimated value: $1,400 |
|
Click to see the best American Express credit cards in our credit card browser.
Best Bank of Montreal (BMO) Credit Cards
BMO credit cards offer cardholders the opportunity to earn their in-house loyalty currency, BMO Rewards, in addition to a few cards that earn valuable VIPorter points.
Frugal Flyer’s favorite BMO credit card is the BMO VIPorter World Elite Mastercard as it has a welcome bonus of up to 70,000 VIPorter Points. The card also comes with complimentary Venture Membership status, which includes a free checked bag, free carry-on bag (regardless of fare), free PorterClassic seat selection, priority check-in/security/boarding, and more.
BMO VIPorter World Elite Mastercard
The BMO VIPorter World Elite Mastercard offers benefits including VIPorter Venture membership and the opportunity to earn an annual round-trip companion pass through spending.
See our BMO VIPorter World Elite Mastercard Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
70,000 VIPorter points
MINSPEND
$18,000
EST. VALUE
$1,175+
ANNUAL FEE
$199 (FYF)
FOREX FEES
Yes
EXPIRY
Oct 31, 2026
Below are the top five BMO credit cards based on current welcome offers:
| Credit Card | ||
|---|---|---|
 |
200,000 BMO Rewards points and $100 FlyerFunds Estimated value: $1,440 Ends Oct 31, 2026 |
|
 |
70,000 VIPorter points and $125 FlyerFunds Estimated value: $1,175 Ends Oct 31, 2026 |
|
 |
115,000 BMO Rewards points and $175 FlyerFunds Estimated value: $946 Ends Apr 30, 2026 |
|
 |
40,000 VIPorter points and $100 FlyerFunds Estimated value: $700 Ends Oct 31, 2026 |
|
 |
100,000 BMO Rewards points Estimated value: $670 Ends Jun 30, 2026 |
|
Click to see the best BMO credit cards in our credit card browser or learn how you can earn cash back rebates on BMO credit cards.
Best CIBC Credit Cards
CIBC credit cards earn a few different miles and points currencies, including CIBC Aventura points and Air Canada Aeroplan points.
Frugal Flyer’s favorite CIBC credit card is the CIBC Aventura Visa Infinite card as it offers a welcome bonus of up to 35,000 Aventura points which can be redeemed via the CIBC Shopping with Points feature for travel purchases at a rate of 1 cent per point!
CIBC Aventura Visa Infinite Card
The CIBC Aventura Visa Infinite card offers benefits that include a $100 NEXUS statement credit and four annual airport lounge passes.
See our CIBC Aventura Visa Infinite Card Review for an in-depth review of this card.
OFFER
35,000 Aventura points
MINSPEND
$3,000
EST. VALUE
$770+
ANNUAL FEE
$139 (FYF)
FOREX FEES
Yes
EXPIRY
–
Below are the top five CIBC credit cards based on current welcome offers:
Click to see the best CIBC credit cards in our credit card browser.
Best MBNA Credit Cards
Frugal Flyer’s favorite MBNA credit card is the MBNA Rewards World Elite Mastercard as it offers a welcome bonus of up to 30,000 MBNA Rewards points which can be redeemed towards travel and more.
The MBNA Rewards World Elite Mastercard also earns 5x MBNA Rewards for every dollar spent on restaurant, grocery, digital media, memberships, and household utility purchases (up to $50,000 in annual purchases per category).
MBNA Rewards World Elite Mastercard
The MBNA Rewards World Elite Mastercard earns 5x MBNA Rewards points on restaurant, grocery, digital media, memberships, and household utility purchases.
See our MBNA Rewards World Elite Mastercard Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
30,000 MBNA Rewards points
MINSPEND
$2,000
EST. VALUE
$400+
ANNUAL FEE
$120
FOREX FEES
Yes
EXPIRY
–
Below are the top three MBNA credit cards based on current welcome offers:
Click to see the best MBNA credit cards in our credit card browser or learn how you can earn cash back rebates on MBNA credit cards.
Best National Bank Credit Cards
Frugal Flyer’s favorite National Bank credit card is the National Bank World Elite Mastercard as it offers a welcome bonus of up to 35,000 À la carte Rewards, which can be redeemed towards travel and more.
The National Bank World Elite Mastercard offers some of the best credit card travel insurance available to Canadians, as it also covers travel that is booked with miles and points. Cardholders will also receive an annual $150 travel credit, access to the National Bank VIP airport lounge at Montreal International Airport, and strong earning rates across several different spending categories.
National Bank World Elite Mastercard
The National Bank World Elite Mastercard offers benefits that include an annual $150 travel credit and access to the National Bank VIP airport lounge in the Montreal Airport International terminal.
See our National Bank World Elite Mastercard Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
35,000 À la carte Rewards
MINSPEND
$20,000
EST. VALUE
$450+
ANNUAL FEE
$150
FOREX FEES
Yes
EXPIRY
Jun 29, 2026
Below are the top two National Bank credit cards based on current welcome offers:
Click to see the best National Bank credit cards in our credit card browser or learn how you can earn cash back rebates on National Bank credit cards.
Best Neo Financial Credit Cards
Frugal Flyer’s favorite Neo Financial credit card is the Neo Cathay World Elite Mastercard as it offers a welcome bonus of up to 60,000 Asia Miles, which can be redeemed towards flights on Cathay Pacific or any of their partner airlines.
Neo Cathay World Elite Mastercard
The Neo Cathay World Elite Mastercard earns an average of 5x Asia Miles on purchases at thousands of Neo partners, 4x Asia Miles on Cathay Pacific flights, and 2x Asia Miles on foreign currency purchases.
See our Neo Cathay World Elite Mastercard Review for an in-depth review of this card.
OFFER
60,000 Asia Miles
MINSPEND
$5,000
EST. VALUE
$960+
ANNUAL FEE
$180
FOREX FEES
Yes
EXPIRY
–
Below are the top five Neo Financial credit cards based on current welcome offers:
Click to see the best Neo Financial credit cards in our credit card browser or learn how you can earn cash back rebates on Neo Financial credit cards.
Best Royal Bank of Canada (RBC) Credit Cards
RBC offers some of our favorite travel-focused credit cards in Canada, giving cardholders the opportunity to earn Avion Rewards, WestJet Rewards, British Airways Avios, and Cathay Pacific Asia Miles.
Frugal Flyer’s favorite RBC credit card is the RBC Avion Visa Infinite card as it offers a welcome bonus of up to 55,000 Avion Rewards points which can be transferred to a few frequent flyer programs, including the valuable British Airways Avios.
RBC Avion Visa Infinite Card
The RBC Avion Visa Infinite card earns 1.25 Avion points on all travel purchases. Avion points can be redeemed against travel purchases or transferred to popular frequent flyer programs.
See our RBC Avion Visa Infinite Card Review for an in-depth review of this card.
OFFER
55,000 Avion points
MINSPEND
$5,000
EST. VALUE
$1,045+
ANNUAL FEE
$120
FOREX FEES
Yes
EXPIRY
Jun 15, 2026
Below are the top five RBC credit cards based on current welcome offers:
| Credit Card | ||
|---|---|---|
 |
70,000 Avion points Estimated value: $1,330 |
|
 |
55,000 Avion points Estimated value: $1,045 Ends Jun 15, 2026 |
|
 |
55,000 Avion points Estimated value: $1,045 Ends Jun 15, 2026 |
|
 |
60,000 Avios Estimated value: $1,020 Ends Mar 31, 2026 |
|
 |
45,000 WestJet points Estimated value: $450 Ends Aug 31, 2026 |
|
Click to see the best RBC credit cards in our credit card browser.
Best Scotiabank Credit Cards
Scotiabank has some of the most well-rounded and robust travel credit cards in Canada. All of their cards earn Scene+ points, which are anchored at 1 cent per point when redeeming towards travel purchases made on the card.
Frugal Flyer’s favorite Scotiabank credit card is the Scotiabank Gold American Express card as it offers a welcome bonus of up to 45,000 Scene+ points, which are one of the most straightforward currencies to redeem towards any travel purchases.
Scotiabank Gold American Express Card
The Scotiabank Gold American Express Card earns up to 6x Scene+ points at Empire grocery stores and charges no foreign exchange fees on purchases made in foreign currencies.
See our Scotiabank Gold American Express Card Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
45,000 Scene+ points
MINSPEND
$7,500
EST. VALUE
$600+
ANNUAL FEE
$120
FOREX FEES
No
EXPIRY
Jul 1, 2026
Below are the top five Scotiabank credit cards based on current welcome offers:
| Credit Card | ||
|---|---|---|
 |
100,000 Scene+ points and $200 FlyerFunds Estimated value: $1,200 Ends Apr 30, 2026 |
|
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80,000 Scene+ points and $200 FlyerFunds Estimated value: $1,000 Ends Jul 1, 2026 |
|
 |
60,000 Scene+ points and $150 FlyerFunds Estimated value: $750 Ends Jul 1, 2026 |
|
 |
45,000 Scene+ points and $150 FlyerFunds Estimated value: $600 Ends Jul 1, 2026 |
|
 |
$200 cash back and $100 FlyerFunds Estimated value: $300 Ends Apr 30, 2026 |
|
Click to see the best Scotiabank credit cards in our credit card browser or learn how you can earn cash back rebates on Scotiabank credit cards.
Best Tangerine Credit Cards
If you are interested in strong cash back earning credit cards that have no annual fees, Tangerine’s credit card lineup has a few great options worth considering.
Frugal Flyer’s favorite Tangerine credit card is the Tangerine Money-Back World Mastercard as it offers a welcome bonus of up to $120 cash back, plus cardholders can customize their accelerated cash back earning categories.
Tangerine Money-Back World Mastercard
The Tangerine Money-Back World Mastercard offers cardholders the ability to choose up to three accelerated spending categories to increase their cash back earnings.
See our Tangerine Money-Back World Mastercard Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
$120 cash back
MINSPEND
$1,500
EST. VALUE
$320+
ANNUAL FEE
$0
FOREX FEES
Yes
EXPIRY
Apr 30, 2026
Below are the top two Tangerine credit cards based on current welcome offers:
Click to see the best Tangerine credit cards in our credit card browser or learn how you can earn cash back rebates on Tangerine credit cards.
Best TD Credit Cards
TD has credit cards that earn both TD Rewards points and Air Canada Aeroplan points.
Frugal Flyer’s favorite TD credit card is the TD First Class Travel® Visa Infinite Card as it offers a welcome bonus of up to 165,000 TD Rewards points. TD Rewards points can be redeemed towards travel purchases via Expedia for TD at a rate of 0.5 cents per point, or book any way travel at a rate of 0.4 cents per point.
TD First Class Travel® Visa Infinite* Card
The TD First Class Travel® Visa Infinite* Card earns 8x TD Rewards on purchases at Expedia for TD, plus a $100 Expedia for TD credit and TD Rewards birthday bonus.
See our TD First Class Travel® Visa Infinite* Card Review for an in-depth review of this card.
OFFER
165,000 TD Rewards points
MINSPEND
$7,500
EST. VALUE
$825+
ANNUAL FEE
$139 (FYF)
FOREX FEES
Yes
EXPIRY
–
Below are the top five TD credit cards based on current welcome offers:
Click to see the best TD credit cards in our credit card browser.
Best Credit Cards in Canada by Category for April 2026
If you are interested in adding a credit card to your wallet for a specific need such as increased spending rewards or saving on foreign transaction fees, we’ve captured the best credit cards for those needs below.
Best Credit Cards for Grocery Purchases
Grocery purchases are one of the biggest monthly spending categories for many Canadians, so it absolutely makes sense to hold a credit card that earns big rewards in this purchase category.
Frugal Flyer’s favorite credit card for grocery purchases is the Scotiabank Gold American Express card as it earns 6x Scene+ points at all Empire grocery stores, including Safeway, Sobeys, IGA, and Freshco. If you don’t shop at a grocery store that falls under the Empire banner, you will still earn 5x Scene+ points on purchases at all other eligible grocery stores.
Scotiabank Gold American Express Card
The Scotiabank Gold American Express Card earns up to 6x Scene+ points at Empire grocery stores and charges no foreign exchange fees on purchases made in foreign currencies.
See our Scotiabank Gold American Express Card Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
45,000 Scene+ points
MINSPEND
$7,500
EST. VALUE
$600+
ANNUAL FEE
$120
FOREX FEES
No
EXPIRY
Jul 1, 2026
Below are the top five credit cards for grocery purchases based on current welcome offers:
If you are interested in learning more, check out our article on the best credit cards for buying groceries for Canadians.
Best Credit Cards for Restaurant & Dining Purchases
If you find yourself dining out frequently with friends and family, adding a credit card that earns bonus rewards on these purchases can go a long way in building your miles and points balances.
Frugal Flyer’s favorite credit card for restaurant and dining purchases is the American Express Cobalt card as it earns 5x Membership Rewards points on these purchases, up to $2,500 CAD per month.
American Express Cobalt® Card
The American Express Cobalt® Card gives cardholders the opportunity to earn 5x Membership Rewards on eligible restaurant, food delivery, and grocery store purchases in Canada. With the American Express Membership Rewards® program, it makes for an everyday credit card.
See our American Express Cobalt Card Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
15,000 Membership Rewards points
MINSPEND
$9,000
EST. VALUE
$350+
ANNUAL FEE
$191.88
FOREX FEES
Yes
EXPIRY
–
Below are the top five credit cards for restaurant and dining purchases based on current welcome offers:
If you are interested in learning more, check out our article on the best credit cards for dining out for Canadians.
Best Credit Cards for Purchases in Foreign Currencies
If you regularly travel outside of Canada or make purchases in foreign currencies, adding a credit card that offers no foreign transaction fees will result in savings of 2.5% on every purchase. While this is a powerful benefit, there are only a few cards that offer this benefit in Canada.
Related: The Best Travel Credit Cards in Canada
Frugal Flyer’s favorite credit card for purchases in foreign currencies is the Scotiabank Passport Visa Infinite card which saves 2.5% on all purchases and comes with another valuable travel benefit, six free airport lounge passes via DragonPass.
Scotiabank Passport Visa Infinite Card
The Scotiabank Passport Visa Infinite Card offers benefits such as no foreign transaction fees and six annual complimentary airport lounge access passes.
See our Scotiabank Passport Visa Infinite Card Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
60,000 Scene+ points
MINSPEND
$40,000
EST. VALUE
$750+
ANNUAL FEE
$150
FOREX FEES
No
EXPIRY
Jul 1, 2026
Below are the top four credit cards for purchases in foreign currencies based on current welcome offers:
| Credit Card | ||
|---|---|---|
|
100,000 Scene+ points and $200 FlyerFunds Estimated value: $1,200 Ends Apr 30, 2026 |
|
|
80,000 Scene+ points and $200 FlyerFunds Estimated value: $1,000 Ends Jul 1, 2026 |
|
|
60,000 Scene+ points and $150 FlyerFunds Estimated value: $750 Ends Jul 1, 2026 |
|
|
45,000 Scene+ points and $150 FlyerFunds Estimated value: $600 Ends Jul 1, 2026 |
|
If you are interested in learning more, check out our article on the best credit cards to use for foreign transactions for Canadians.
Best Credit Cards with No Annual Fees
Credit cards that have annual fees aren’t for everyone, and if you are looking for a low-commitment credit card option that still offers rewards and benefits, there are a few options worth considering.
Frugal Flyer’s favorite credit card with no annual fee is the Simplii Financial Cash Back Visa card as it earns 4% cash back on all purchases at restaurants, bars, and coffee shops, for up to $5,000 CAD per year.
Simplii Financial Cash Back Visa Card
The Simplii Financial Cash Back Visa card earns 4% cash back on purchases at restaurants, bars, and coffee shops on up to $5,000 in spending per calendar year.
See our Simplii Financial Cash Back Card Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
$100 cash back
MINSPEND
$500
EST. VALUE
$160+
ANNUAL FEE
$0
FOREX FEES
Yes
EXPIRY
–
Below are the top five credit cards with no annual fees based on current welcome offers:
If you are interested in learning more, check out our article on the best credit cards with no annual fees in Canada.
Best Credit Cards with Low Income Requirements
If you are starting out in your career or are currently a student working part-time, there are still some excellent credit cards that you can be approved for with a lower annual income.
Frugal Flyer’s favorite credit card with low income requirements is the Rogers Red Mastercard as it offers 2% cash back on all purchases for Rogers, Fido, and Shaw customers. Cardholders will receive an effective 3% cash back if they redeem their cash back for Rogers, Fido, or Shaw products and services.
Rogers Red Mastercard
With the Rogers Red Mastercard, Rogers, Fido, Shaw, and Comwave postpaid consumer customers can earn 2% cash back on all eligible purchases and get a 1.5x redemption bonus on eligible Rogers, Fido, Shaw, and Comwave purchases – a 3% cash back value.
See our Rogers Red Mastercard Review for an in-depth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
$0 cash back
MINSPEND
$0
EST. VALUE
$50+
ANNUAL FEE
$0
FOREX FEES
Yes
EXPIRY
–
Below are the top five credit cards with low income requirements based on current welcome offers:
If you are interested in learning more, check out our article on the best credit cards with low income requirements for Canadians.
Best Credit Cards for Free Airport Lounge Access
If you are a frequent traveler, free airport lounge access is one of the best benefits to have on a credit card. Airport lounges are a great way to kill time before a flight and often include complimentary food and drink, as well as a much more comfortable place to relax than the public seating in the terminal.
Frugal Flyer’s favorite credit card for free airport lounge access is the American Express Platinum card which comes with unlimited airport lounge access, oftentimes for both the cardholder and a guest, through the American Express Global Lounge Collection.
American Express Platinum® Card
The American Express Platinum Card is a premium card offering a $200 travel credit and $200 dining credit. From access to participating airport lounges and special benefits at participating fine hotels around the world, to exclusive events and elevated service, experience the world with the many benefits of Platinum.
See our American Express Platinum Card Review for an in-depth indepth review of this card.
Earn when you apply through Frugal Flyer.
OFFER
100,000 Membership Rewards points
MINSPEND
$10,000
EST. VALUE
$2,125+
ANNUAL FEE
$799
FOREX FEES
Yes
EXPIRY
–
Below are the top five credit cards that offer free airport lounge access based on current welcome offers:
If you are interested in learning more, check out our article on the best credit cards with free airport lounge access for Canadians.
Frugal Flyer’s Credit Card Browser Tool: Find Your Best Credit Card
While we have captured many of what we consider to be the best credit cards in Canada above, we recognize that personal finance is an individual journey and that our favorite cards might not work for everyone.
To help our readers make the best decision possible when adding a new credit card to their wallet, Frugal Flyer’s best credit card comparison tool contains over 90 of the best credit cards available for Canadians.
Readers can filter to find the best credit card to add to their wallet on a variety of criteria, including welcome bonus, minimum spending amount to earn the welcome bonus, first year annual fee, financial institution, rewards program, income requirements, airport lounge access, and more.
Conclusion
Canadians are lucky to have many great credit cards to choose from, no matter their personal financial situation or needs. Whether you are looking to add a high-end travel credit card to your wallet or are simply looking for a new card to increase the rewards earned in a specific spending category, Frugal Flyer is committed to helping you find the best card for your situation.
