Travel & Cash-Back Cards
Credit-Card Welcome Bonuses
Canadian issuers run signup promos worth $400-$2,000+ in net first-year value. Enter your monthly spend: we'll rank the offers you can actually qualify for, net of the first-year annual fee.
Your Spend
Point valuation
Conservative values points at their easy floor. Travel redemption values them at the rate a careful traveller targets through airline and transfer-partner redemptions.
Best pick
Enter your monthly spend above to see the top net first-year value you can qualify for.
All cards
Ranked by net first-year value at your spend level. Offers you cannot hit yet sink below the qualifying cards.
Business Gold Rewards Card
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70,000 Membership Rewards points year-1 bonus for $30,000 spend
2.3% return
$7,500 in first 3 months
50,000 Membership Rewards points
$500
$7,500 spend · 6.7% return
$30,000 in first 12 months
20,000 Membership Rewards points
$200
Next $22,500 · 0.9% return
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- ·Offer has two tranches: 50,000 points after $7,500 in the first 3 months, plus 20,000 points after $30,000 in the first 12 months.
- ·Calculator requires the full $30,000 first-year threshold before ranking the full 70,000-point offer as qualifying.
- ·Quarterly 10,000-point purchase bonuses are ongoing earn mechanics and are not included in welcome value.
Business Platinum Card
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- ·Issuer headline is up to 120,000 Membership Rewards points. Calculator counts the 80,000 points tied to $15,000 in the first 3 months; the extra 40,000-point purchase window starts after month 15.
- ·Business Platinum earns 1.25 Membership Rewards points per dollar on eligible purchases, but ongoing earn is outside this welcome-bonus model.
- ·Business-card tax treatment can differ when points are earned on deductible expenses. See the tax disclaimer below.
Cobalt Card
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- ·Bonus is paid as 1,250 Membership Rewards points per monthly billing period for the first 12 months, contingent on $750 of monthly spend each month.
- ·Calculator encodes the full 12-month run rate as $9,000 of spend over 12 months. Missed months reduce the bonus.
- ·Cobalt's ongoing 5x eats and drinks earn rate is not included here; this page compares welcome value only.
Gold Rewards Card
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- ·Bonus is paid as 5,000 Membership Rewards points per monthly billing period for the first 12 months when at least $1,000 in net purchases posts by the monthly deadline.
- ·Calculator assumes all 12 monthly thresholds are hit. Partial completion prorates by missed months.
- ·The card has a $100 annual travel credit and four Plaza Premium visits, but those benefits are not included in net first-year value.
Platinum Card
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- ·Issuer headline is up to 100,000 Membership Rewards points. Calculator counts the 70,000 points tied to $10,000 of spend in the first 3 months; the extra 30,000-point purchase window starts after month 15.
- ·Annual fee is $799. The $200 travel credit and $200 dining credit can offset it for travellers who use both, but this calculator nets only the fee, not lifestyle credits.
- ·Membership Rewards can transfer to airline partners including Aeroplan. Redemption mode uses 2.0cpp as a conservative transfer-partner target.
Ascend World Elite Mastercard
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- ·Welcome is 60,000 BMO Rewards points after $3,000 of qualifying spend in the first 3 months.
- ·First-year primary annual fee is rebated. Year-2 annual fee is $150.
- ·BMO Rewards travel redemption is 150 points = $1; the CPP map values them at 0.67cpp in both valuation modes.
- ·Ongoing earn is 5x on travel, dining, recurring bills; not modeled here.
Cash Back World Elite Mastercard
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- ·Welcome offer is 10% cash back on the first $2,000 in net purchases over the first 3 months, capped at $200 in bonus cash.
- ·First-year primary annual fee is rebated. Year-2 annual fee is $120.
- ·Ongoing rate is 5% cash back on groceries and 4% on transit; this calculator compares welcome value only.
- ·Minimum household income required by BMO for World Elite is $80,000 individual or $150,000 household.
eclipse Visa Infinite Card
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70,000 BMO Rewards points year-1 bonus for $12,000 spend
3.9% return
$4,000 in 110 days
30,000 BMO Rewards points
$201
$4,000 spend · 5% return
$7,000 in 180 days
20,000 BMO Rewards points
$134
Next $3,000 · 4.5% return
$12,000 in 12 months
20,000 BMO Rewards points
$134
Next $5,000 · 2.7% return
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- ·Bonus tranches: 30,000 points after $4,000 in 110 days, 20,000 more after $7,000 in 180 days, and 20,000 more after $12,000 in 12 months.
- ·First-year primary card annual fee is rebated. Year-2 annual fee is $120.
- ·BMO states the travel redemption rate as 150 points = $1; the CPP map uses 0.67cpp in both valuation modes.
Aeroplan Visa Infinite Privilege Card
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50,000 Aeroplan points year-1 bonus for $5,000 spend
15% return
$1,000 in 2 statement periods
10,000 Aeroplan points
$150
$1,000 spend · 15% return
$5,000 in 4 statement periods
40,000 Aeroplan points
$600
Next $4,000 · 15% return
Year 2 bonus
$25,000 in 12 statement periods (anniversary)
50,000 Aeroplan points
$750
Next $20,000
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- ·Year-1 tranches include 10,000 points after $1,000 in the first 2 monthly statement periods and 40,000 after $5,000 in the first 4 monthly statement periods.
- ·The 50,000-point anniversary bonus after $25,000 in first-year spend is shown in the offer breakdown as year-2 value and is not counted in net first-year ranking.
- ·Minimum income shown by CIBC: $150,000 individual or $200,000 household.
- ·Aeroplan points can be used across Air Canada and Star Alliance partners. Redemption mode uses 2.1cpp as a conservative premium-cabin target.
Aventura Visa Infinite Card
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60,000 Aventura points year-1 bonus for $5,000 spend
12% return
First purchase
15,000 Aventura points
$150
First purchase
$3,000 in 4 months
30,000 Aventura points
$300
$3,000 spend · 10% return
Next $2,000 in 4 months
15,000 Aventura points
$150
Next $2,000 · 7.5% return
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- ·Offer tranches include 15,000 points on first purchase, 30,000 after $3,000 in the first 4 monthly statement periods, and 15,000 more after $5,000 in the first 4 monthly statement periods.
- ·First-year primary card annual fee is rebated. Year-2 annual fee is $139.
- ·Minimum income shown by CIBC: $60,000 individual or $100,000 household.
Avion Visa Infinite
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35,000 RBC Avion points year-1 bonus for $1,500 spend
23.3% return
$1,500 in 6 months
35,000 RBC Avion points
$350
$1,500 spend · 23.3% return
Year 2 bonus
$1,500/mo average maintained through anniversary
20,000 RBC Avion points
$200
Next $7,500
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- ·Year-1 welcome is 35,000 Avion points after $1,500 in net purchases in the first 6 months.
- ·The 20,000-point first-anniversary bonus is shown in the offer breakdown as year-2 value and is not counted in net first-year ranking.
- ·Lower income floor than the Privilege variant. Minimum income shown by RBC: $60,000 individual or $100,000 household.
- ·RBC Avion can be used through RBC travel options and transfer partners; redemption mode uses 1.5cpp as a practical target.
Avion Visa Infinite Privilege
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- ·Current public offer is 20,000 Avion points after $5,000 in purchases within the first 6 months.
- ·Annual fee is $399. Additional card fee is $99.
- ·RBC Avion can be used through RBC travel options and transfer partners; redemption mode uses 1.5cpp as a practical target.
American Express Card
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10,000 Scene+ points year-1 bonus for $1,000 spend
10% return
$250 in first 3 months
2,500 Scene+ points
$25
$250 spend · 10% return
$1,000 in first 3 months
7,500 Scene+ points
$75
Next $750 · 10% return
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- ·Offer tranches: 2,500 Scene+ points after $250 in the first 3 months, plus 7,500 more after $1,000 in the first 3 months.
- ·No annual fee. Scene+ is modeled at 1cpp in both valuation modes.
- ·This is included as a low-friction no-fee benchmark, not as an editorial category pick.
Gold American Express Card
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45,000 Scene+ points year-1 bonus for $7,500 spend
6% return
$2,000 in first 3 months
25,000 Scene+ points
$250
$2,000 spend · 12.5% return
$7,500 in first 12 months
20,000 Scene+ points
$200
Next $5,500 · 3.6% return
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- ·Offer tranches: 25,000 Scene+ points after $2,000 in the first 3 months, plus 20,000 more after $7,500 in the first year.
- ·First-year annual fee waiver applies to the public offer. Year-2 annual fee is $120.
- ·Scene+ points are modeled at 1cpp in both valuation modes because travel redemptions are cash-equivalent through Scene+ Travel and statement-style travel credits.
Money-Back Credit Card
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- ·Welcome is 10% extra cash back on the first $1,000 of net purchases in 2 chosen categories during the first 2 months, capped at $100.
- ·No annual fee.
- ·Ongoing 2% cash back on up to three selected categories (4% with Tangerine Savings Account redemption); welcome value is the headline modeled here.
- ·Tangerine sets cash-back redemption monthly to either a linked Tangerine account or as a statement credit.
Aeroplan Visa Infinite Card
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25,000 Aeroplan points year-1 bonus for $3,000 spend
12.5% return
First purchase
10,000 Aeroplan points
$150
First purchase
$3,000 in 90 days
15,000 Aeroplan points
$225
$3,000 spend · 7.5% return
Year 2 bonus
$12,000 in 365 days (anniversary)
20,000 Aeroplan points
$300
Next $9,000
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- ·Year-1 tranches include 10,000 points after first purchase and 15,000 after $3,000 within 90 days.
- ·The 20,000-point anniversary bonus after $12,000 in 365 days is shown in the offer breakdown as year-2 value and is not counted in net first-year ranking.
- ·First-year annual fee rebate applies to the primary cardholder and eligible additional cardholders. Year-2 primary annual fee is $139.
- ·Minimum income commonly shown for Visa Infinite products is $60,000 individual or $100,000 household; verify TD's current application page.
Aeroplan Visa Infinite Privilege Card
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55,000 Aeroplan points year-1 bonus for $12,000 spend
6.9% return
First purchase
20,000 Aeroplan points
$300
First purchase
$12,000 in 180 days
35,000 Aeroplan points
$525
$12,000 spend · 4.4% return
Year 2 bonus
$24,000 in 12 months (anniversary)
30,000 Aeroplan points
$450
Next $12,000
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- ·Year-1 tranches include 20,000 points after first purchase and 35,000 after $12,000 within 180 days.
- ·The 30,000-point anniversary bonus after $24,000 with the account open for 12 months is shown in the offer breakdown as year-2 value and is not counted in net first-year ranking.
- ·Annual fee is $599. Additional card fee is $199.
- ·Aeroplan terms can affect whether incentive points are issued. Verify the issuer terms on the application page before applying.
Eligibility & fine print
- ·Welcome bonuses are typically available only to applicants who have not held the same card, or for Amex sometimes any Amex personal card, within a defined recent window. Check the issuer's terms before applying.
- ·Issuers reserve the right to decline an application. Approval depends on factors the issuer evaluates internally.
- ·Annual fees, welcome bonuses, and minimum-spend requirements change. The validity date next to each card is the last date we confirmed the offer was live; always verify on the issuer's page before applying.
- ·Minimum-spend windows start on account opening, not on first use. Plan your spending accordingly.
- ·Welcome bonus values denominated in points depend on the redemption you choose. Cash and statement-credit redemptions tend to realize lower per-point value than transfer-partner premium-cabin redemptions.
Point valuations
Point values shown on this page are editorial estimates, not guarantees. Conservative reflects the easy redemption floor, typically statement credit or merchandise. Travel redemption reflects what a careful user targets when transferring to airline partners on premium-cabin flights. Your realized value will depend on how and when you redeem.
Tax disclaimer
Credit-card welcome bonuses are generally not considered taxable income for personal use in Canada because CRA treats them as a rebate on personal purchases, but the treatment can differ for business cards, points earned on deductible expenses, or other edge cases. Speak to a qualified accountant about your specific situation.