Last updated: August 2, 2026 · Credit cards compared: 15 · Data source: issuer product pages, recorded in the Buzdy database · cited pages where we hold them
Reviewed by Zia Shahid, Buzdy Banking Editor · Our methodology
? In this guide
Looking for a credit card in Canada in 2026? We hold verified data on 27 credit cards in Canada and show the top 15 here. Every figure below is printed from the record Buzdy holds for that product, taken from the issuer's own published material — where a bank does not publish a number, this guide says Not published rather than guessing. We link the exact issuer page under Sources for every product where we have recorded it; for the rest we hold the figure but not the page, and say so.
How this list is ordered. Ranked on the data we actually hold: cards with no annual fee first, then by how many benefits we can verify from the issuer's own product page, then by the lowest published interest rate, then by the lowest published minimum income. We then rotate one card per bank so a single issuer cannot fill the list.
This is not a complete list of every credit card sold in Canada. It is the set Buzdy has verified data for, from 3 issuers, as of August 2, 2026.
Quick Comparison: 15 Credit Cards in Canada
Side by side, in the order explained above. Tap any name for the full product page.
| Credit card | Bank | Annual fee | Interest rate | Verified benefits | Details |
|---|---|---|---|---|---|
| 1. Allure Mastercard | National Bank of Canada | No annual fee | 22.49% per year | Cashback, Digital wallet, Hotel offers, Supplementary cards | View → |
| 2. moi RBC Visa | Royal Bank of Canada | No annual fee | 19.92% per month | Rewards points, Digital wallet, Supplementary cards | View → |
| 3. First Class Travel Visa Card | Toronto-Dominion Bank | CAD 139 | 20.99% per year | Airport lounge, Rewards points, Digital wallet, Supplementary cards | View → |
| 4. mycredit Mastercard | National Bank of Canada | No annual fee | 22.49% per year | Cashback, Digital wallet, Hotel offers, Supplementary cards | View → |
| 5. RBC Cash Back Mastercard | Royal Bank of Canada | No annual fee | 19.92% per month | Cashback, Digital wallet, Supplementary cards | View → |
| 6. Aeroplan Visa Infinite Card | Toronto-Dominion Bank | CAD 139 | 20.99% per year | Rewards points, Digital wallet, Supplementary cards | View → |
| 7. MC1 Mastercard | National Bank of Canada | No annual fee | 22.49% per year | Cashback, Digital wallet, Supplementary cards | View → |
| 8. RBC ION Visa | Royal Bank of Canada | No annual fee | 19.92% per month | Rewards points, Digital wallet, Supplementary cards | View → |
| 9. Cash Back Visa Infinite Card | Toronto-Dominion Bank | CAD 139 | 20.99% per year | Cashback, Digital wallet, Supplementary cards | View → |
| 10. World Elite Mastercard | National Bank of Canada | CAD 150 | 22.49% per year | Airport lounge, Cashback, Travel benefits, Dining offers | View → |
| 11. Business Cash Back Mastercard | Royal Bank of Canada | No annual fee | 19.92% per month | Digital wallet, Supplementary cards | View → |
| 12. CreditLine for Small Business | Royal Bank of Canada | No annual fee | 19.92% per month | Digital wallet, Supplementary cards | View → |
| 13. RBC Visa Platinum | Royal Bank of Canada | No annual fee | 19.92% per month | Digital wallet, Supplementary cards | View → |
| 14. RBC CashBack World Elite card | Royal Bank of Canada | CAD 99 | 19.92% per month | Airport lounge, Cashback, Digital wallet, Supplementary cards | View → |
| 15. Avion Visa Infinite Privilege | Royal Bank of Canada | CAD 399 | 19.92% per month | Airport lounge, Travel benefits, Digital wallet, Supplementary cards | View → |
The 15 Credit Cards in Detail
1. Allure Mastercard
Bank: National Bank of Canada
- Annual fee: No annual fee
- Interest rate: 22.49% per year
- Minimum income: Not published
- Verified benefits: Cashback, Digital wallet, Hotel offers, Supplementary cards
A no-annual-fee cashback card that supports the Quebec Breast Cancer Foundation with every purchase. Earn 1 point per $2 spent, redeemable as $10 cashback per 1,000 points annually. National Bank donates 10 cents per $10 spent to the foundation.
2. moi RBC Visa
Bank: Royal Bank of Canada
- Annual fee: No annual fee
- Interest rate: 19.92% per month
- Minimum income: Not published
- Verified benefits: Rewards points, Digital wallet, Supplementary cards
Earn 2 Moi points per $1 at Metro, Brunet, Jean Coutu, and Premiere Moisson stores, plus 2 points per $1 on dining and gas. Redeem points at checkout in participating stores. Includes mobile device insurance, purchase security, and a DashPass subscription.
3. First Class Travel Visa Card
Bank: Toronto-Dominion Bank
- Annual fee: CAD 139 ($139)
- Interest rate: 20.99% per year
- Minimum income: CAD 5,000 / month ($60,000 personal or $100,000 household annual income)
- Verified benefits: Airport lounge, Rewards points, Digital wallet, Supplementary cards
TD credit cards have you covered, offering benefits and features designed for your needs.
4. mycredit Mastercard
Bank: National Bank of Canada
- Annual fee: No annual fee
- Interest rate: 22.49% per year
- Minimum income: Not published
- Verified benefits: Cashback, Digital wallet, Hotel offers, Supplementary cards
Benefit from cashback on your pre-authorized payment, restaurant purchases, and a free mobile protection
5. RBC Cash Back Mastercard
Bank: Royal Bank of Canada
- Annual fee: No annual fee
- Interest rate: 19.92% per month
- Minimum income: Not published
- Verified benefits: Cashback, Digital wallet, Supplementary cards
Get Unlimited Cash Back on Your Purchases2 with our no annual fee Cash Back credit card
6. Aeroplan Visa Infinite Card
Bank: Toronto-Dominion Bank
- Annual fee: CAD 139 ($139)
- Interest rate: 20.99% per year
- Minimum income: CAD 5,000 / month ($60,000 annual personal income or $100,000 annual household income)
- Verified benefits: Rewards points, Digital wallet, Supplementary cards
TD credit cards have you covered, offering benefits and features designed for your needs.
7. MC1 Mastercard
Bank: National Bank of Canada
- Annual fee: No annual fee
- Interest rate: 22.49% per year
- Minimum income: Not published
- Verified benefits: Cashback, Digital wallet, Supplementary cards
A no-annual-fee, no-frills Mastercard from National Bank of Canada ideal for building credit. Features a 21-day interest-free grace period, contactless Tap and Go payments, Mastercard Zero Liability protection, extended warranty, and purchase protection.
8. RBC ION Visa
Bank: Royal Bank of Canada
- Annual fee: No annual fee
- Interest rate: 19.92% per month
- Minimum income: Not published
- Verified benefits: Rewards points, Digital wallet, Supplementary cards
RBC ION Visa – RBC’s best no Annual Fee Rewards Credit Card__ Get 6,000 Avion welcome points upon approval^ - that’s $40 of value in gift cards!
9. Cash Back Visa Infinite Card
Bank: Toronto-Dominion Bank
- Annual fee: CAD 139 ($139)
- Interest rate: 20.99% per year
- Minimum income: CAD 5,000 / month ($60,000 personal or $100,000 household annual income)
- Verified benefits: Cashback, Digital wallet, Supplementary cards
TD credit cards have you covered, offering benefits and features designed for your needs.
10. World Elite Mastercard
Bank: National Bank of Canada
- Annual fee: CAD 150 (150 $)
- Interest rate: 22.49% per year
- Minimum income: Not published
- Verified benefits: Airport lounge, Cashback, Travel benefits, Dining offers, Digital wallet, Shopping offers, Entertainment, Hotel offers, Supplementary cards
A premium National Bank card earning 5 points per $1 on first $2,500 monthly spend, 2 points on gas, EV charging, and bills, plus airport lounge access at Montreal-Trudeau. Includes up to $150 annual travel reimbursement and comprehensive travel insurance. $150 annual fee.
11. Business Cash Back Mastercard
Bank: Royal Bank of Canada
- Annual fee: No annual fee
- Interest rate: 19.92% per month
- Minimum income: Not published
- Verified benefits: Digital wallet, Supplementary cards
A no-annual-fee business Mastercard earning 1% cash back on all purchases with a 2% welcome bonus for the first 3 months. Features purchase protection, extended warranty up to 5 years, Zero Liability fraud protection, and contactless Mastercard PayPass payments.
12. CreditLine for Small Business
Bank: Royal Bank of Canada
- Annual fee: No annual fee
- Interest rate: 19.92% per month
- Minimum income: Not published
- Verified benefits: Digital wallet, Supplementary cards
The Functionality of a Line of Credit Combined With the Convenience of Credit Card. Get easy access to the credit you need, when your business needs it – at a low, competitive interest rate for no annual fee. Plus, earn Avion Points that you can use to invest in your business.
13. RBC Visa Platinum
Bank: Royal Bank of Canada
- Annual fee: No annual fee
- Interest rate: 19.92% per month
- Minimum income: Not published
- Verified benefits: Digital wallet, Supplementary cards
A no-annual-fee Visa Platinum with free additional cards, practical insurance coverage including car rental and purchase protection, and partner perks from Petro-Canada, Rexall, and DoorDash. Offers access to deals from over 2,000 top brands through RBC Offers.
14. RBC CashBack World Elite card
Bank: Royal Bank of Canada
- Annual fee: CAD 99 ($99)
- Interest rate: 19.92% per month
- Minimum income: CAD 6,666.67 / month (A minimum personal income of $80,000 or a minimum household income of $150,000 is required for this card.)
- Verified benefits: Airport lounge, Cashback, Digital wallet, Supplementary cards
Get Unlimited Cash Back on Your Purchases with our premium Cash Back credit card
15. Avion Visa Infinite Privilege
Bank: Royal Bank of Canada
- Annual fee: CAD 399 ($399)
- Interest rate: 19.92% per month
- Minimum income: CAD 16,666.67 / month (A minimum personal income of $200,000 or a minimum household income of $200,000 is required for this card.)
- Verified benefits: Airport lounge, Travel benefits, Digital wallet, Supplementary cards
Get up to 55,000 Avion points1 (a value of up to $1,100†), that’s enough to fly anywhere in North America or the Caribbean!
7 Smart Tips Before You Apply
What banks won't put in their marketing — but every smart applicant should know.
- Compare APR, not just headline rates. The advertised "low interest" is usually a promo. The real cost is the Annual Percentage Rate (APR) after fees, balance transfer charges, and FX markups. A 1.5% monthly rate is actually ~19.6% APR.
- Read the small print on rewards. Banks advertise "5% cashback" but cap it at $20/month. After the cap, you earn 0.5%. Always check the monthly cap, eligible merchants, and minimum spend requirements.
- Know your credit profile before applying. Each rejected application damages your credit score. Use the bank's pre-qualification check (soft pull) before submitting a formal application (hard pull).
- Avoid cash advances at all costs. Cash advance APR is usually 5-10% higher than purchase APR, with no grace period and an upfront fee of 2-5% of the amount. Use only in emergencies.
- Set up direct debit for the full balance. Paying only the minimum (often 5% of balance) means interest accrues on the rest. A balance of $1,000 paid at minimum costs ~$1,400 in interest over 5 years.
- Use foreign-fee-free cards abroad. Standard cards charge 2-3% on every foreign transaction plus FX markup. Travel cards charge 0%. On a $3,000 holiday, that's $90 saved.
- Watch the annual fee waiver conditions. Many premium cards waive fees in year 1 only or require a minimum annual spend (e.g. $5,000) to keep the waiver. Set a reminder before renewal.
Common Mistakes to Avoid
The five most expensive errors people make with credit cards:
- Applying for too many cards at once. Each application is a hard credit pull. 3+ pulls in 6 months drops your score 30-50 points. Space out applications by at least 90 days.
- Only paying the minimum. If you have $5,000 balance at 24% APR and pay only the minimum (5%), you'll pay $1,500+ in interest before clearing the debt. Always pay in full when possible.
- Ignoring the fine print on welcome bonuses. "Get $200 cashback!" usually requires spending $3,000 in 90 days. Read the qualifying spend, the eligible categories, and the payout timeline.
- Not using benefits you've already paid for. If you pay a $400 annual fee for a card with airport lounge access, lost-baggage insurance, and concierge — use them. Most users don't claim 80% of what they paid for.
- Treating credit cards as free money. They're high-cost short-term loans. The minimum payment cycle is designed to keep you indebted for 7-10 years on average.
How to Choose the Right Credit card in Canada
- Annual fees — compare across banks, some offer zero fee for the first year
- Interest rates — lower rates save money if you carry a balance
- Rewards and benefits — match to your spending habits
- Eligibility — salary and documentation requirements vary by bank
- Digital access — mobile app, internet banking, contactless payments
- Customer support — 24/7 helpline, branch network, dispute resolution time
- Regulation — check the issuer's licence on the Office of the Superintendent of Financial Institutions (OSFI) public register before you apply
Frequently Asked Questions: Credit cards in Canada
What is the best credit card in Canada for 2026?
The best credit card depends on your priorities — income level, spending habits, and eligibility. Use the comparison table above to filter by rate, benefits, and bank. For premium benefits with worldwide acceptance, look at Platinum tier cards. For low income requirements, classic tier cards offer easier eligibility. Compare the 15 products in this guide above.
What credit score do I need for a credit card in Canada?
Buzdy does not hold credit-score or credit-bureau data, and each bank sets its own threshold. Of the 15 products in this guide, 5 publish a minimum income requirement — the lowest is CAD 5,000 a month (First Class Travel Visa Card, Toronto-Dominion Bank). The other 10 do not publish one on their product page.
Can I apply online for a credit card in Canada?
Yes, most major banks in Canada now offer fully online applications. Tap "View" on any credit card above to start the application process directly with the bank.
What documents do I need?
Standard documents: valid government ID, tax identification number, proof of address (utility bill or rental agreement), latest 3 months of payslips (for salaried applicants) or 6 months of bank statements (self-employed), and a recent passport-size photograph. Exact requirements vary by bank.
Are these credit cards regulated and safe?
Retail banking in Canada is supervised by Office of the Superintendent of Financial Institutions (OSFI). Buzdy has not individually verified the licence status of each issuer on this page, so check the regulator’s own public register before you apply — and escalate an unresolved dispute there.
What annual fee do credit cards in Canada charge?
Of the 27 credit cards Buzdy lists for Canada, 15 publish an annual fee amount, from CAD 12 to CAD 399 with a median of CAD 120 (figures shown in CAD; a few are quoted in other currencies on their own pages). 9 are published as free and 3 do not publish a figure at all. Fees differ by bank and tier and change over time, so check the product page for its exact schedule.
Can I get a credit card if I am self-employed in Canada?
Yes. Self-employed applicants typically need: business registration, latest tax returns, 6 months of bank statements, and audited financials (for higher tiers). Approval rates are lower than for salaried applicants but several banks specifically cater to small business owners.
What happens if I default on payments?
Missed payments trigger late fees, a credit-score drop, and a higher interest rate going forward. After 90 days of non-payment, the account goes to collections and is reported to credit bureaus. Contact your bank BEFORE missing a payment if you have trouble — most banks offer hardship plans.
Related Guides for Canada
- All banks in Canada
- Bank branches across Canada
- Credit Cards In Canada 2026
- Personal Loans In Canada 2026
- Savings Accounts In Canada 2026
- Canada EMI calculator
- Canada savings calculator
How We Compare
Our editorial team reviews each product based on annual fees, interest rates, rewards programs, eligibility requirements, and verified bank disclosures. We update this comparison regularly to reflect the latest offers. Data is sourced from official bank websites and verified where regulatory filings are publicly available.
Buzdy compares products from 555 banks across 51 countries. We are not affiliated with any single bank — our rankings are based on objective criteria outlined in our methodology.
Disclosure: Buzdy may earn a referral commission when you apply through links on our site. Commissions never influence rankings. Read our full editorial standards.
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