Loan Eligibility Calculator Canada
See how much you can borrow in Canada on your salary in CAD, and what Canada banks actually require before they approve you.
Enter Your Details
Borrowing requirements in Canada
What you can borrow in Canada is set by your income in CAD and your existing commitments. Buzdy holds published eligibility terms for 10 lending products from 22 banks in Canada — the real requirements are listed below.
Looking for a credit card in Canada?
Compare what banks in Canada actually offer — rates, fees and eligibility, updated for 2026.
Loan requirements in Canada
| Loan | Bank | Minimum income | Maximum amount | Tenure |
|---|---|---|---|---|
| RBC Personal Loan | Royal Bank of Canada | — | — | 1 year – 5 years |
| TD Personal Loan | Toronto-Dominion Bank | — | — | — |
| CIBC Personal Loan | Canadian Imperial Bank of Commerce | — | — | — |
| Scotia Plan Personal Loan | Bank of Nova Scotia | — | — | — |
4 lending products with published eligibility terms.
Credit card eligibility in Canada
| Card | Bank | Minimum income | Minimum age | Salary transfer |
|---|---|---|---|---|
| RBC Avion Visa Infinite | Royal Bank of Canada | A minimum personal income of $60,000 or a minimum household income of $100,000 is required for this card. | — | Not Required |
| RBC CashBack World Elite card | Royal Bank of Canada | A minimum personal income of $80,000 or a minimum household income of $150,000 is required for this card. | — | Not Required |
| Avion Visa Infinite Privilege | Royal Bank of Canada | A minimum personal income of $200,000 or a minimum household income of $200,000 is required for this card. | — | Not Required |
| Aeroplan Visa Infinite Card | Toronto-Dominion Bank | $60,000 annual personal income or $100,000 annual household income | — | Not Required |
| First Class Travel Visa Card | Toronto-Dominion Bank | $60,000 personal or $100,000 household annual income | — | Not Required |
| Cash Back Visa Infinite Card | Toronto-Dominion Bank | $60,000 personal or $100,000 household annual income | — | Not Required |
6 cards state a minimum income or minimum age. Income figures are in CAD unless the bank says otherwise.
Banks we track in Canada
Keep going in Canada
Guides for Canada
Canada — frequently asked questions
What is the minimum salary for a loan in Canada?
Published minimum income requirements in our Canada data include A minimum personal income of $60,000 or a minimum household income of $100,000 is required for this card.; A minimum personal income of $80,000 or a minimum household income of $150,000 is required for this card.; A minimum personal income of $200,000 or a minimum household income of $200,000 is required for this card.; $60,000 annual personal income or $100,000 annual household income. Banks also look at your existing monthly commitments, not just gross salary.
Do I need to transfer my salary to get a card or loan in Canada?
Not always — 27 of the 27 cards we track in Canada state that a salary transfer is not required. Transferring your salary to the lender often gets you a better rate anyway.
How much can I borrow on my salary?
Most lenders cap total monthly repayments at roughly 50% of monthly income (the debt burden ratio). The checker above applies that rule to the salary and existing repayments you enter, then converts the spare capacity into a maximum loan.