Are you looking for a no-fee credit card? These credit cards have no annual fee.
It is therefore advised to keep a card like that, year after year, to improve your credit history.
Here is a table summarizing the different offers. For more details, read on or click on the name of a card.
With the RBC ION Visa card, you can get a welcome bonus of 6,000 Avion points on approval.
With this no-annual-fee RBC credit card, you can earn 1.5 Avion points per dollar for :
And 1 Avion point per dollar for all other purchases. Plus, save 3¢/L on gas at Petro-Canada and earn 20% more points when you pay with a linked RBC card.
The Rogers Red Mastercard® is one of the best no-annual-fee credit cards in Canada, especially for Rogers, Fido or Shaw customers.
Right now, you can earn $60 cash back by making one purchase with your mobile wallet in the first 90 days AND 6 automatic payments from your Rogers, Fido or Shaw postpaid service in the first 8 months.
With the Rogers Red Mastercard®, by having a single qualifying service with Rogers, Fido or Shaw, you can earn 2% unlimited cash back on all your purchases. Eligible services include :
This card is now also available to Quebec residents with a mobile service with Rogers or Fido!
Plus, you get 1.5x more cash back on Rogers, Fido and Shaw purchases – that’s a 3% cash back value.
Plus, as a Rogers Red Mastercard® cardholder, you’ll get 5 days’ free access to Everywhere at Home, every year, on Rogers mobile plans (a value of up to $75).
If you’re not a Rogers, Fido or Shaw customer, you’ll earn 2% cash back on U.S. dollar purchases and 1% unlimited cash back on all other purchases.
The Tangerine Money-Back Credit Card has no annual fee and offers cash back.
With this limited-time welcome offer, you can earn an additional 10% cash back (up to $100) when you spend up to $1,000 on everyday purchases during the first 2 months.
You can choose two to three categories that interest you (groceries, gas, furniture, home improvement, recurring bills, pharmacy, etc.) to earn 2% cash back! And there is no annual cash back limit. It is one of the best credit cards for renovations.
In addition, the Tangerine Mastercard offers several insurance coverages for your purchases :
Finally, during your first 30 days, transfer balances and pay only 1.95% interest on the transferred balance for the first 6 months.
Do you want a cash back credit card with no annual fee that earns travel points? Here is an option for you: the American Express® Green Card.
By signing up for the American Express® Green Card, you can earn 10,000 Membership Rewards Welcome Bonus Points when you charge $1,000 in purchases to your Card in the first 3 months of Cardmembership. This is a $100 value for travel or any purchase on the Card. You can also transfer your points to airline partners (Aeroplan, British Airways Executive Club, Flying Blue, etc.) and hotel partners (Marriott Bonvoy, Hilton Honors).
That’s a nice welcome bonus for a credit card with no annual fee.
You’ll also have access to online promotional offers to earn points or rebates on your purchases with this no annual fee credit card.
Like all American Express Canada Cards, there is no minimum income requirement.
The new BMO eclipse rise Visa* Card is a no-annual-fee travel rewards credit card with no minimum income required.
With this offer, you can earn up to 25,000 points as a welcome bonus:
Moreover, you can get a 0.99% introductory interest rate on Balance Transfers for 9 months (a 2% fee applies to balance amounts transferred).
With the new BMO eclipse rise Visa* Card, you get :
You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (flights, hotels, car rentals, all-inclusive resorts, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
The new BMO eclipse rise Visa* Card also offers:
The MBNA Smart Cash Platinum Plus® Mastercard® is one of the best cash-back credit cards with no annual fee in Canada.
With this card, you can get 2% on:
Until the total gas and grocery purchases in the applicable month reaches $500. And 0.5% everywhere else.
For a limited time, you can earn 5% cash back for the first six months, a $150 value. This is the best no-fee MBNA credit card with cash back.
The CIBC Aventura® Visa* Card is one of the best no-fee Visa credit cards with travel rewards in Canada.
Get up to 10,000 Aventura Points (up to $100 in travel value†)
With this no annual fee CIBC Aventura Credit Card, you get:
And this no-annual-fee CIBC Credit Card offers some insurance coverage:
The Scotia Momentum® No-Fee Visa* Card is a great cash-back credit card in Canada. Currently, you can earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).
With the Scotia Momentum® No-Fee Visa* Card, you get :
This is a great no-fee Visa credit card to earn cash back.
Plus, you can get a 0% introductory rate on balance transfers for the first six months.
The CIBC Dividend® Visa* Card is one of the best no-fee Visa cashback credit cards in Canada.
For a limited time, earn an annual interest rate of 9.99% on purchases† and 20.99% on cash† for 10 months†.
Plus, get :
This no-annual-fee CIBC credit card offers certain insurance coverages:
The MBNA Rewards Platinum Plus® Mastercard® is one of Canada’s best no-annual-fee credit cards.
With this card, you can earn 2 points per dollar on:
And 1 point per dollar everywhere else. This is the best MBNA credit card with no annual fee.
For a limited time, you can get 10,000 welcome bonus points, a $100 value on travel purchases charged to your Card.
With the RBC Visa Card you can earn a welcome bonus of 10,000 points :
With this no-annual-fee RBC credit card, you can earn 2 points per dollar on:
And 1 point per dollar on all other purchases.
Plus, save 3¢/L on gas at Petro-Canada and earn 20% more points when you pay with a linked RBC card
The BMO CashBack Mastercard is a no-annual-fee, cash-back credit card. With the BMO CashBack Mastercard, you can earn 5% cash back for the first three months. It’s a maximum welcome bonus of $100.
Then you get:
Finally, you can also get a 0.99% introductory rate on balance transfers for nine months.
With the Neo Credit card, you get $25 cash back as a welcome bonus.
You get unlimited cash back from thousands of partners. On average, you can earn up to 5% cash back at over 10,000 Neo partners across the country.
Here are frequently asked questions in the milesopedia community about credit cards in Canada.
Most of the credit cards with no annual fee on this page are excellent to get started. If you want points for travel, you could take the CIBC Aventura Visa* Card.
If you prefer cash back, the Should I have a credit card with no annual fee in my wallet?A credit card with no annual fee is a useful card when you’re starting or don’t have a long credit history. As the name implies, you won’t pay any fee from year to year, and you can keep it for the long term. Be aware that although they are free, they are not the most rewarding. Many credit cards at $120, $399 or even $699 will save you a lot more on your trips than someone who swears by “no fee cards”. Thus this credit card will generally be the first one on your credit history, a significant asset for establishing your credit score, or allowing you to use it at a specific retailer. You can apply for it along with other credit cards. Depending on the institution, there is no minimum income required, and you could get welcome bonus points or cashback.
A credit card with no annual fee is a useful card when you’re starting or don’t have a long credit history.
As the name implies, you won’t pay any fee from year to year, and you can keep it for the long term. Be aware that although they are free, they are not the most rewarding. Many credit cards at $120, $399 or even $699 will save you a lot more on your trips than someone who swears by “no fee cards”.
Thus this credit card will generally be the first one on your credit history, a significant asset for establishing your credit score, or allowing you to use it at a specific retailer. You can apply for it along with other credit cards. Depending on the institution, there is no minimum income required, and you could get welcome bonus points or cashback.
Of course, you do. You can earn a bonus with some no-annual-fee credit cards like cash back, travel rewards or even a free hotel night! But these offers are often less than those coming with a credit card with an annual fee.
These credit cards may offer attractive bonuses, help you build your credit history, but the insurance, benefits and accrual rates on spending are not equivalent to those of credit cards with annual fees.
Most issuers offer credit cards with no annual fee:
There are more than 200 credit cards in Canada. There is no “one best credit card” in Canada.
Several credit cards can match your needs:
