Best No-Fee Credit Cards in Canada – October 2024

RBC ION Visa 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 :

• Groceries
• Travel, fuel and recharging for electric vehicles
• Streaming, Digital Gaming & Subscriptions

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.

Rogers Mastercard^®

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 :

• Rogers Mobile
• Fido Mobile
• Rogers, Fido, or Shaw Home (Internet, TV, home phone, home monitoring, or satellite)

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.

Tangerine Money-Back Credit Card

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 :

• 90 days purchase insurance
• One year extended warranty

Finally, during your first 30 days, transfer balances and pay only 1.95% interest on the transferred balance for the first 6 months.

American Express^® Green Card

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).

For example, with this welcome offer, if you decide to transfer your Membership Rewards points to a partner loyalty program, you would have the choice of obtaining..:

• 10,000 Aeroplan points
• 10,000 Avios points
• 7,500 Flying Blue Miles
• 12,000 Marriott Bonvoy points

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.

BMO eclipse rise Visa* Card

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:

• 20,000 points after $1,500 in purchases in the first 3 months
• 2,500 bonus points for redeeming at least 12,000 points annually towards your statement balance with Pay with points
• 2,500 bonus points for paying your full credit card balance on time for 12 consecutive months

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 :

• 5 points for every two dollars spent on recurring bill payments
• 5 points for every two dollars spent at the grocery store
• 5 points for every two dollars in dining and takeout purchases
• 1 point per two dollars spent on everything else

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:

• Mobile Device Insurance
• Purchase Protection
• Extended warranty insurance

MBNA Smart Cash Platinum Plus^® Mastercard^®

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:

• gas purchases
• grocery purchases

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.

CIBC Aventura^® Visa* Card

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^†)

• 2,500 Aventura Points when you complete all five activities within 60 days of your CIBC Aventura® Visa* account approval.^†
• 7,500 Aventura Points after you make your first purchase within first 4 months.^†

With this no annual fee CIBC Aventura Credit Card, you get:

• 1 point for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores^†
• 1 point for every $1 spent on travel purchased through the CIBC Rewards Centre
• 1 point for every $2 spent on all other purchases

And this no-annual-fee CIBC Credit Card offers some insurance coverage:

• Auto Rental Collision and Loss Damage Insurance
• $100,000 Common Carrier Accident Insurance
• Purchase Security and Extended Protection Insurance

Scotia Momentum^® No-Fee VISA* Card

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 :

• 1% Cash back on all eligible gas station, grocery store, drug store purchases and recurring payments.
• 0.5% on all other purchases

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.

CIBC Dividend^® Visa* Card

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 :

• 2% cash back on eligible grocery purchases^†
• 1% cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments^†
• 0.5% cash back on all other purchases^†

This no-annual-fee CIBC credit card offers certain insurance coverages:

• $100,000 Common Carrier Accident Insurance
• Purchase Security and Extended Protection Insurance

MBNA Rewards Platinum Plus^® Mastercard^®

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:

• Dining purchases
• Grocery purchases
• Digital media purchases (Netflix, Spotify, etc.)
• Memberships
• Household utility purchases (electricity, etc.)

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.

moi RBC Visa Credit Card

With the RBC Visa Card you can earn a welcome bonus of 10,000 points :

• 3,000 points upon your first purchase;
• 3,500 additional points when you spend at least $500 in the first three months;
• 3,500 additional points when you spend at least $2,000 in the first 12 months.

With this no-annual-fee RBC credit card, you can earn 2 points per dollar on:

• qualifying purchases made at participating Metro, Première Moisson and Brunet stores in Quebec, and at participating Jean Coutu stores in Quebec, Ontario and New Brunswick by swiping your Moi card and paying with your moi RBC Visa credit card
• dining, gas and EV charging purchases

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

BMO^® CashBack^® Mastercard^®*

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:

• 3% cash back on grocery purchases, including at Walmart Supercenters
• 1% cash back on recurring bill payments

Finally, you can also get a 0.99% introductory rate on balance transfers for nine months.

Neo Credit card

With the Neo Mastercard, 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.