Milesopedia’s 2024 Credit Card Awards | Canada

Updated Dec 13, 2025
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Marie-Ève Leclerc
Marie-Ève Leclerc Marie-Ève Leclerc
Marie-Ève, Web Director at Milesopedia, is an expert in budget travel and a slow travel enthusiast. Specializing in Aeroplan, Scene+, and Marriott Bonvoy programs, she spends nearly six months a year abroad, making travel her way of life. Constantly seeking the best waves to surf, excellent coffee, and strategies to extend her travels, she is often found in coworking spaces with fellow digital nomads or by the sea, watching the sunset.
All posts by Marie-Ève Leclerc
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To the point Here are our picks for the best credit cards in Canada in 2024 to earn travel rewards or cash back.

We present Milesopedia’s 2024 Credit Card Awards in Canada.

You can find our methodology here.

2024 Awards Summary

Best Credit Cards For Everyday Life

In 2023-2024, the economic context has profoundly changed consumer habits. In an inflationary environment, Canadians are looking for products that can help them save money on expenses such as groceries, gas, recurring bills or drugstore purchases.

The credit cards below have all distinguished themselves in 2023 in their respective categories by offering their cardholders more than their competitors. That’s why we’ve selected them as the Best Credit Cards in Canada in 2024 for Everyday Life.

Best Cash Back Credit Card

RemiseEnArgent-MeilleureCarteDeCredit-Milesopedia-2024

La Carte Dividendes CIBCMD Visa Infinite* est la meilleure carte de crédit avec remise en argent en 2024 au Canada pour ces raisons :

  • Remise en argent élevée pour des commerces courants : 4 % sur l’épicerie et l’essence, 2 % sur les transports, restaurants et paiements de factures périodiques et 1 % partout ailleurs
  • Possibilité d’obtenir un crédit au compte dès 25 $ de remise en argent
  • Acceptée dans presque tous les commerces

Best No-Fee Cash Back Credit Card

RemiseEnArgent-Flexible-MeilleureCarteDeCredit-Milesopedia-2024

La Carte World Mastercard Remises Tangerine est la meilleure carte de crédit avec remise en argent sans frais annuels  en 2024 au Canada pour ces raisons :

  • Choix de 2 à 3 catégories d’accumulation à 2 % parmi une liste de 10 catégories
  • Obtention de remise en argent comme un crédit au compte dès 1 $ accumulé
  • Acceptation dans l’ensemble des commerces
  • Aucuns frais annuels

Best Credit Card For Everyday Spending

DepensesQuotidiennes-MeilleureCarteDeCredit-Milesopedia-2024

The MBNA Rewards World EliteMD Mastercard® is the Best Credit Card For Everyday Spending in 2024 in Canada for these reasons:

  • 5 points per dollar for restaurants, groceries, digital media, subscriptions and household utilities
  • Easy redemption of points for a statement credit
  • Insurance
  • Accepted in all stores

Best No-Fee Credit Card For Everyday Spending

DepensesQuotidiennes-SansFraisAnnuels-Milesopedia-2024

The RBC ION Visa card is the Best No-Fee Credit Card For Everyday Spending in 2024 in Canada for these reasons:

  • 1.5x Avion points on groceries, travel, gas, electric vehicle charging, streaming services, digital games and subscriptions
  • 1 Avion point per dollar on all other eligible purchases
  • Save 3¢ per litre on gas and earn 20% more points at Petro-Canada
  • No annual fee

Best Credit Card For Groceries

Epicerie-MeilleureCarteDeCredit-Milesopedia-2024

Scotiabank Gold American Express® Card is the Best Credit Card For Groceries in 2024 in Canada for these reasons:

  • 6 points per dollar at IGA or Sobeys and 5 points per dollar at other grocery stores
  • Flexible rewards
  • No Foreign Transaction Fee
  • Full travel insurance

Best Credit Card For Gas And Transit

EssenceTransports-MeilleureCarteDeCredit-Milesopedia-2024

The BMO eclipse Visa Infinite* Card is the Best Credit Card For Gas And Transit in 2024 in Canada for these reasons:

  • 5x BMO Rewards points for every dollar spent on groceries, restaurants, gas and transportation
  • $50 annual lifestyle credit to use as you wish
  • Travel and purchase insurance
  • Accepted at almost every retailer worldwide

Best Credit Card For Drugstores

Pharmacies-MeilleureCarteDeCredit-Milesopedia-2024

The American Express® Gold Rewards Card is the Best Credit Card For Drugstores in 2024 in Canada for these reasons:

  • 2 points per dollar on drugstore purchases
  • Flexible Rewards
  • Travel Partners (American Express Membership Rewards program)
  • No minimum income required

Best Credit Card For Recurring Payments

Paiements-Recurrents-MeilleureCarteDeCredit-Milesopedia-2024

La Carte Visa Infinite Momentum Scotia est la meilleure carte de crédit pour les paiements récurrents en 2024 au Canada pour ces raisons :

  • 4 % de remise en argent à l’épicerie, pour les paiements de factures et abonnements
  • 2 % de remise en argent sur l’essence et les transports en commun
  • Assurances pour les voyages et achats
  • Acceptation dans presque tous les commerces

Best Credit Card For Dining

Restaurants-MeilleureCarteDeCredit-Milesopedia-2024

The American Express Cobalt® Card is the Best Credit Card For Dining in 2024 in Canada for these reasons:

  • 5% cash back on dining and food delivery
  • The minimum cash back redemption amount is $10 (1,000 points)
  • No minimum income required

Best Balance Transfer Credit Card

Transfert-DeSolde-MeilleureCarteDeCredit-Milesopedia-2024

The CIBC Select Visa* Card is the Best Balance Transfer Credit Card in Canada in 2024:

  • Recurring offer for 0% interest on balance transfers for up to 10 months, subject to a 1% transfer fee.

Best Low-Interest Credit Card

Faible-TauxInteret-MeilleureCarteDeCredit-Milesopedia-2024

The Scotiabank Value® Visa* Card is the Best Low-Interest Credit Card in Canada in 2024 for these reasons:

  • Low annual interest rate of 12.99% on purchases, cash advances and balance transfers
  • Welcome interest rate of 0% for the first 10 months on cash advances
  • Accepted at almost every retailer worldwide

Best Prepaid Credit Card

Prepayee-MeilleureCarte-Milesopedia-2024

La Carte Prépayée KOHO Extra Mastercard est la meilleure carte de crédit prépayée en 2024 au Canada pour ces raisons :

  • Remise en argent pour des achats courants : 1 % sur les transports, les épiceries et les restaurants
  • Aucuns frais de conversion en devises
  • Aucune enquête de crédit
  • Aucun revenu minimum demandé

Best Travel Credit Cards

Since 2022, after two years of the pandemic, Canadians have been looking forward to getting away from it all: travel has resumed in earnest. But here, too, the context has changed: we have noticed that travellers are looking for more comfort, insurance and savings.

Thus, credit cards offering access to airport lounges, travel credits to improve comfort, insurance to cover all contingencies, or the absence of conversion fees for foreign currency transactions stood out in this ranking.

Since 2022, we have witnessed welcome offers never seen before to equip travellers with payment solutions! Here are the Best Travel Rewards Credit Cards in Canada in 2024.

Best Travel Credit Card

Voyage-MeilleureCarteDeCredit-Milesopedia-2024

The National Bank World Elite Mastercard® is the Best Travel Credit Card in 2024 in Canada for these reasons:

  • Generous insurance coverage for travel and everyday purchases
  • Award-winning customer service
  • Up to $150 in annual travel credits
  • Accepted at almost every retailer worldwide

Best Flexible Travel Rewards Credit Card

Recompenses-VoyageFlexibles-MeilleureCarteDeCredit-Milesopedia-2024

The RBC Avion Visa Infinite Card is the Best Flexible Travel Rewards Credit Card in 2024 in Canada for these reasons:

  • Flexible Rewards
  • Travel partners through the RBC Avion Rewards program: American Airlines, British Airways/Qatar Airways, WestJet, Cathay Pacific
  • Travel insurance
  • Accepted at almost every retailer worldwide

Best Travel Rewards Credit Card

Recompenses-Voyages-MeilleureCarteDeCredit-Milesopedia-2024

The TD First Class Travel® Visa Infinite* Card is the Best Travel Rewards Credit Card in 2024 in Canada for these reasons:

  • 8 points per dollar for travel purchases via Expedia for TD
  • $100 TD Annual Travel Credit
  • Travel and purchase insurance
  • Accepted at almost every retailer worldwide

Best No-FX Fee Credit Card

SansFraisCconversion-MeilleureCarteDeCredit-Milesopedia-2024

Scotiabank Passport™ Visa Infinite* Card is the Best No Foreign Transaction Fee Credit Card in 2024 in Canada for these reasons:

  • No Foreign Transaction Fee
  • 6 annual airport lounge visits
  • Travel and purchase insurance
  • Accepted at almost every retailer worldwide

Best Credit Card For Travel Insurance

Assurances-MeilleureCarteDeCredit-Milesopedia-2024

The National Bank World Elite Mastercard® is theBest Credit Card For Travel Insurance in 2024 in Canada for these reasons:

  • Generous insurance coverage for travel and everyday purchases
  • Award-winning customer service
  • Up to $150 in annual travel credits
  • Accepted at almost every retailer worldwide

Best No-Fee Travel Credit Card

VoyageSansFraisAnnuels-MeilleureCarteDeCredit-Milesopedia-2024

The American Express Green Card is the Best No-Fee Travel Credit Card in 2024 in Canada for these reasons:

  • Ease of points redemption
  • Travel Partners (American Express Membership Rewards program)
  • Flexible Rewards
  • No minimum income required

Best Hotel Credit Card

Hotel-MeilleureCarteDeCredit-Milesopedia-2024

The Marriott Bonvoy® American Express®* Card is the Best Hotel Credit Card in 2024 in Canada for these reasons:

  • Points can be used at over 8,000 hotels worldwide
  • Annual Free Night Award at Card renewal
  • Marriott Bonvoy Benefits (Elite status and Earning Rate)
  • No minimum income required

Best Premium Credit Card

HautDeGamme-MeilleureCarteDeCredit-Milesopedia-2024

The Platinum Card® is the Best Premium Credit Card in 2024 in Canada for these reasons:

  • Complimentary access to over 1,300 airport lounges worldwide
  • Elite Status with several hotel loyalty programs
  • Cardmembers benefits at renowned hotels and restaurants
  • Flexible Rewards
  • Travel Partners (American Express Membership Rewards program)
  • Full travel insurance
  • No minimum income required

Best Credit Card For Frequent Flyers

Voyageurs-Frequents-MeilleureCarteDeCredit-Milesopedia-2024

The American Express® Aeroplan®* Reserve Card is the Best Credit Card For Frequent Flyers in 2024 in Canada for these reasons:

  • Air Canada benefits such as Maple Leaf Lounge access
  • Benefits for Aeroplan Elite Status
  • Highest earning rate for Air Canada and Air Canada Vacations purchases
  • Travel insurance

Best Credit Cards By Customer Profile

Every consumer profile is different, and this profile evolves from year to year according to new needs.

This year, thanks to the numerous feedback from Milesopedia community members, we have decided to refine our ranking to better fit each type of profile.

For example:

  • Students will need a card to save money on their day-to-day expenses and offer benefits designed for them;
  • Young professionals who do not yet have a high enough income to qualify for certain credit cards but are still looking to benefit more will be offered certain types of attractive products;
  • Families will have special needs for groceries, entertainment and travel (such as cards offering points applicable to Airbnb spending, for example);
  • Snowbirds will require credit cards with no currency conversion fees;
  • etc.

This is also where the best cards for entrepreneurs are listed.

Here are the Best Credit Cards in Canada in 2024 by Customer Profile.

Best Credit Card For Students

Etudiants-MeilleureCarteDeCredit-Milesopedia-2024

The CIBC Dividend® Visa* Card for Students is the Best Credit Card For Students in 2024 in Canada for these reasons:

  • Cash back earning categories for everyday purchases
  • Free registration to the SPC program offering discounts to students
  • Insurance coverage
  • Accepted at almost every retailer
  • No minimum income required
  • No annual fee

Best Credit Card For Young Professionals

Jeunes-Professionnels-MeilleureCarteDeCredit-Milesopedia-2024

The National Bank Platinum Mastercard® is the best credit card for young professionals in 2024 in Canada for these reasons:

  • Up to 2 points per dollar for groceries and restaurants
  • Good insurance for travel and shopping
  • Accepted in all stores
  • No minimum income required

Best Card For Newcomers

NouveauxArrivants-MeilleureCarte-Milesopedia-2024

The KOHO Mastercard Prepaid Card is the Best Card For Newcomers in 2024 in Canada for these reasons:

  • 1% cash back on transport and groceries
  • No credit check
  • No minimum income required
  • Accepted in all stores

Best Business Credit Card

Entreprise-MeilleureCarteDeCredit-Milesopedia-2024

The Business Platinum Card® from American Express is the Best Business Credit Card in 2024 in Canada for these reasons:

  • Complimentary access to over 1,300 airport lounges worldwide
  • Travel Partners (American Express Membership Rewards program)
  • Cardmember benefits at select hotels and restaurants
  • Full travel insurance

Best Credit Cards according to Milesopedia Network

Milesopedia has significant monthly traffic on its website (Milesopedia.com), and its sub-domains used by our affiliate partners operating our white-label credit card comparison service. Thanks to this highly qualified traffic – since consumers are looking for a financial product – we can determine which credit cards are the most consulted and, in fine, the most applied for on our “Milesopedia network.”

We decided to break this part of the ranking down into the top three rewards programs in Canada and the top three credit card networks.

Here are the rankings of the Best Credit Cards in Canada in 2024, according to the Milesopedia network (Milesopedia.com and affiliated partners).

Best Aeroplan Credit Card

Aeroplan-MeilleureCarte-Milesopedia-2024

The TD® Aeroplan® Visa Infinite* Card is the Best Aeroplan Credit Card in 2024 in Canada for these reasons:

  • Air Canada Benefits for Cardmembers
  • Rewards earned with everyday purchases
  • Travel Insurance when redeeming Aeroplan Points
  • Accepted at almost every retailer

Best Scene+ Credit Card

Scene–MeilleureCarteDeCredit-Milesopedia-2024

The Scotiabank Gold American Express® Card is the Best Scene+ Credit Card in 2024 in Canada for these reasons:

  • 6 points per dollar at IGA or Sobeys
  • Flexible rewards
  • No Foreign Transaction Fee
  • Full travel insurance

Best AIR MILES Credit Card

AirMiles-MeilleureCarteDeCredit-Milesopedia-2024

The BMO® AIR MILES® World Elite Mastercard is the Best AIR MILES Credit Card in 2024 in Canada for these reasons:

  • AIR MILES benefits for Cardmembers when booking flight rewards
  • Rewards earned with everyday purchases (AIR MILES partners)
  • Full travel insurance
  • Accepted at almost every retailer

Best American Express Credit Card

American-Express-MeilleureCarteDeCredit-Milesopedia-2024

The American Express Cobalt® Card is the Best American Express Credit Card in 2024 in Canada for these reasons:

  • Earning categories
  • 5 points per dollar on dining and food delivery (= 5% in travel rewards)
  • Flexible Rewards
  • Travel Partners (American Express Membership Rewards program)
  • No minimum income required

Best Mastercard Credit Card

Mastercard-MeilleureCarteDeCredit-Milesopedia-2024

The National Bank World Elite Mastercard® is the Best Mastercard Credit Card in 2024 in Canada for these reasons:

  • Generous insurance coverage for travel and everyday purchases
  • Up to 5 points per dollar for your purchases
  • Up to $150 in annual travel credits
  • Accepted at almost every retailer worldwide

Best Visa Credit Card

Visa-MeilleureCarteDeCredit-Milesopedia-2024

The CIBC Aventura® Visa Infinite* Card is the Best Visa Credit Card in 2024 in Canada for these reasons:

  • 4 Complimentary airport lounge access
  • NEXUS Membership credit
  • Up to 2 Aventura points per dollar
  • Generous insurance coverage
  • Accepted at almost every retailer worldwide

Methodology

Depuis 2015, sur Milesopedia, nous analysons près de 200 cartes de crédit offertes aux canadiens. Il est possible de les retrouver dans notre comparateur de cartes de crédit. Ce comparateur a d’ailleurs été repris par Protégez-Vous, confirmant la crédibilité de nos données.

En plus de nos analyses, nous sommes également des utilisateurs de cartes de crédit : nous avons – ou avons eu – la plupart de ces cartes de crédit dans notre portefeuille. Ce qui nous permet de confirmer ou d’infirmer par la pratique des informations théoriques. Enfin, nous analysons les différentes retours d’expérience de dizaines de milliers de titulaires de ces cartes de crédit qui nous partagent leurs expériences au sein de la communauté Milesopedia au sujet de chacun de ces produits.

Chaque mois, nous mettons à jour notre classement des meilleures offres de cartes de crédit, pour permettre aux canadiens de trouver la meilleure offre de carte de crédit du moment qui correspond à leurs besoins.

Une offre de carte de crédit peut donc être excellente à certaines périodes de l’année, mais moins à d’autres : c’est pour cela qu’il faut sans cesse se tenir au courant des offres en vigueur – notamment via notre infolettre hebdomadaire.

Sur cette page, nous ne parlerons pas d’offres, mais plutôt d’une évaluation en fonction des caractéristiques globales de chaque carte de crédit. Plusieurs facteurs sont ainsi considérés pour choisir la meilleure carte de crédit en 2024 au Canada par catégorie comme:

  • le gain de récompenses via les achats (en points, miles, remise en argent)
  • les avantages offerts (accès à des salons, concierge, crédit annuel, etc)
  • les assurances proposées (voyages, achats, etc)
  • les frais (frais annuels, frais de conversion en devises, frais de transfert de solde, frais de carte supplémentaire, etc.)
  • les partenaires accessibles avec le programme de récompenses
  • l’acceptation de la carte au Canada et à l’international
  • les exigences en matière de revenu
  • les statistiques d’utilisation des comparateurs de cartes de crédit de nos partenaires sous-affiliés (plus d’1 million de visites mensuelles cumulées)
  • les avis de milliers de lecteurs et de titulaires de ces cartes qui nous partagent leurs expériences au sein de la communauté milesopedia
Come to discuss that topic in our Facebook Group!
Jean-Maximilien Voisine
Jean-Maximilien Voisine
Jean-Maximilien Voisine is the President and Founder of Milesopedia and a leading expert in rewards programs, credit cards, and travel across Canada, France, and the U.S.A. Now 40 years old and a father of two, he has explored more than 100 countries—many of them alongside his wife Audrey and their children. Specializing in loyalty programs such as Aeroplan, Flying Blue, American Express Membership Rewards, and Marriott Bonvoy, Jean-Maximilien helps travellers unlock the full potential of their points and benefits. His mission: empower others to travel better and smarter across North America and Europe.
All posts by Jean-Maximilien Voisine

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