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Credit Cards

Canadian credit cards

A neutral hub for major Canadian credit cards: their rewards, annual fees, and FX handling. The first in-depth reviews are live, with more reviews and side-by-side comparisons being built out.

Data freshness

7 of 7 cards have structured source checks

Most recent check: Jun 20, 2026. 1 card expires within 30 days.

Chasing a welcome bonus?

Many of these cards run signup promos. Enter your monthly spend in the welcome-bonus calculator to rank the offers you can actually qualify for, net of the first-year fee.

Compare welcome bonuses →

Wealthsimple

Wealthsimple Credit Card

Flat 2% cash back with no FX fee, in two tiers (Visa Infinite + and Visa Infinite Privilege).

2% flat cash back$240/yr, waivableVisa

Highlights

  • 2% unlimited cash back on purchases, redeemed manually in-app to a Wealthsimple account.
  • No Wealthsimple foreign-transaction (FX) fee on purchases in another currency.
  • $240/yr fee (billed $20/month, or annually for Quebec residents) is waived with a qualifying $4,000/month direct deposit, or $100k+ in eligible individual net deposits/assets.
  • The 2% card has two tiers, assigned by Wealthsimple. You qualify for a tier by meeting at least one of four criteria: for Visa Infinite + that is income $80k+/$150k+ household, $25k+ annual spend, or $300k+ in assets at Wealthsimple; Visa Infinite Privilege uses the same criteria at higher levels ($150k+/$200k+ income, $50k+ spend, or $400k+ assets). Clients who do not qualify for the 2% card may be offered a separate, free Visa Infinite 1% card (invite-only beta).
  • The Privilege tier adds airport lounge access and higher travel-insurance limits over Infinite + (some insurance benefits are not available to Quebec residents); a complimentary concierge comes with both tiers.

Best for: Wealthsimple clients who want flat-rate cash back, no foreign-transaction surcharge, and a fee they can waive with a direct deposit.

Verified Jun 20, 2026Valid through Dec 31, 2026Source
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American Express

Review coming soon

American Express Cobalt Card

A points-forward everyday card built around eats, drinks, and flexible transfers.

Membership Rewards points~$192/yr (monthly; annual in Quebec)Amex

Highlights

  • Earns Membership Rewards points that can transfer to airline partners including Aeroplan.
  • Billed as a monthly fee for most provinces; Quebec residents are charged a single annual fee.
  • Welcome-bonus value is modelled separately in the welcome-bonus calculator.

Best for: Spenders who put groceries and dining on one card and want transferable Membership Rewards points.

Verified May 14, 2026Valid through Dec 31, 2026Source
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American Express

Review coming soon

American Express Platinum Card

A premium travel charge card whose value leans on lifestyle credits and transfer partners.

Membership Rewards pointsCharge card, $799/yrAmex

Highlights

  • It's a charge card, not a revolving credit card, so the balance is due in full each month and there is no preset spending limit.
  • Membership Rewards points transfer to partners including Aeroplan.
  • Lifestyle credits can offset the fee for travellers who use them; this hub does not count them as cash.
  • Premium-travel benefits including lounge access and concierge.

Best for: Frequent travellers who will actually use the travel and dining credits and lounge access.

Verified May 14, 2026Valid through Dec 31, 2026Source
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BMO

Review coming soon

BMO eclipse Visa Infinite Card

A category-bonus travel card with a recurring lifestyle credit.

BMO Rewards points$120/yr, first year often rebatedVisa

Highlights

  • Earns BMO Rewards points with category multipliers on common spend.
  • First-year primary annual fee is commonly rebated on the public offer.
  • BMO Rewards redeem for travel at a fixed rate; no transfer partners.

Best for: Spenders who want accelerated earn on everyday categories and a first-year fee rebate.

Verified May 14, 2026Valid through Oct 31, 2026Source
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CIBC

Review coming soon

CIBC Aeroplan Visa Infinite Privilege Card

A high-end Aeroplan co-brand aimed at frequent Air Canada flyers.

Aeroplan points$599/yrVisa

Highlights

  • Earns Aeroplan points usable across Air Canada and Star Alliance partners.
  • Privilege tier carries a higher minimum-income requirement.
  • Premium Aeroplan travel benefits; ongoing earn is outside welcome-bonus value.

Best for: Air Canada loyalists who value Aeroplan status perks and have the income to qualify.

Verified May 14, 2026Valid through Dec 31, 2026Source
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Scotiabank

Review coming soon

Scotiabank Gold American Express Card

A Scene+ earner with no foreign-transaction fee and strong grocery and dining multipliers.

Scene+ points$120/yr, first year often rebatedAmex

Highlights

  • Earns Scene+ points with accelerated earn on groceries, dining, and entertainment.
  • No foreign-transaction fee on purchases in another currency.
  • Scene+ redeems at a cash-equivalent rate; no premium-cabin transfer upside.

Best for: Spenders who want category bonuses, Scene+ value, and no FX surcharge on foreign purchases.

Verified May 14, 2026Valid through Jul 1, 2026Source
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TD

Review coming soon

TD Aeroplan Visa Infinite Privilege Card

TD's top Aeroplan co-brand for committed Air Canada travellers.

Aeroplan points$599/yrVisa

Highlights

  • Earns Aeroplan points usable across Air Canada and Star Alliance partners.
  • Privilege tier carries a higher minimum-income requirement.
  • Aeroplan co-brand travel benefits; verify current terms before applying.

Best for: Frequent Air Canada flyers who want Aeroplan status perks through a major bank.

Verified May 14, 2026Valid through Dec 31, 2026Source
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What's coming

More reviews and comparisons are in progress

This hub is the foundation for the credit-card section. The next layer will add more individual reviews and side-by-side comparisons that separate ongoing card value (rewards rate, fees, and FX) from temporary welcome bonuses.

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