Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balance monthly and find the right rewards program for you, you’re sure to come out ahead. There’s a slew of credit card options out there, and it can be challenging to find the best deal—but MoneySense is here to help. We’ve highlighted the best credit cards in 11 different categories so that you can zero in on the ones that fit your spending habits, and offer features you truly value. Remember, this ranking is only a starting point; the final decision is up to you.
The best credit cards in Canada 2020
| Card | Rewards / Features | Annual fee |
|---|---|---|
| American Express Cobalt (get more details)* |
|
$120 |
| Scotiabank Gold American Express (get more details) |
|
$120 |
| TD First Class Visa Infinite (get more details)* |
|
$120 |
| Tangerine Money-Back (get more details)* |
|
$0 |
| Scotia Momentum Visa Infinite (get more details) |
|
$120 |
| BMO Air Miles Mastercard (get more details)* |
|
$120 |
| MBNA True Line Gold (get more details)* |
|
$39 |
| BMO CashBack Mastercard (get more details)* |
|
$0 |
| Marriott Bonvoy AMEX (get more details)* |
|
$120 |
