Best Student Credit Cards – February 2023

The Best Student Credit cards

CIBC Aventura^® Visa* Card for Students

The CIBC Aventura® Visa* Card for Students is one of the best Student Visa credit cards with travel rewards in Canada.

Get up to 12,000 Aventura Points (up to $120 in travel value†):

• 2,500 Aventura Points when you complete all five activities within 60 days of your CIBC Aventura® Visa* account approval.†
• 9,500 Aventura Points after you make your first purchase.

With this CIBC Aventura Student Credit Card, you get:

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

Plus, with this CIBC Student Credit Card, you get a free SPC membership for instant savings when you make over 450 transactions in-store and online. And this CIBC Student 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

KOHO Mastercard Prepaid Card

Special Offer:

• Enter the code BESTOF2023 when you apply for your card
• Get $40 in your KOHO account after the first purchase within the first 30 days

The features of the KOHO Mastercard Prepaid card are as follows:

• No annual fee
• 0.5% cash back on all purchases
• 1.5% FX fee
• $2 to $3 ATM Fee abroad
• Accepted at Costco

BMO^® CashBack^® Mastercard^®* for students

The BMO® CashBack® Mastercard®* for students is perfect for students. You can get 5% cash back in the first three months.

Also, this card comes with 90 days of protection for your purchases and an extended warranty of one year!

CIBC Dividend^® Visa* Card for Students

The CIBC Dividend® Visa* Card for Students is one of the best Student Cash Back Visa credit cards in Canada. For a limited time, get $60 cash back after you make your first purchase within the first 4 months!†

With this CIBC Student Credit Card, you get:

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

Plus, with this CIBC Student Credit Card, you get a free SPC membership for instant savings when you make over 450 transactions in-store and online. And this CIBC Student Credit Card offers some insurance coverages:

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

RBC ION Visa Card

With the RBC ION Visa card, you can earn a welcome bonus of 6,000 Avion points.

With this no-annual-fee RBC credit card, you can earn 1.5 Avion points per dollar for :

• Grocery
• Rides, Gas & EV Charging
• 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

SimplyCash^® Card from American Express

Do you want a cash back credit card with no annual fee and a great earning rate for everyday purchases? Here’s an option for you: the SimplyCash® Card from American Express.

With this no-annual-fee credit card, you earn:

• 2% cash back on gas purchases
• 2% cash back on grocery purchases
• 1.25% cash back on all other purchases

And with this welcome offer, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card in the first 10 months ( up to $100 in statement credits).

And you benefit from several coverages: $100,000 travel accident, Purchase Protection, and Buyer’s Assurance® Protection Plan.

Like all American Express Canada Cards, there is no minimum income requirement.

BMO^® AIR MILES^® Mastercard^®* For Students

With this offer for the BMO AIR MILES® Mastercard® for Students , you earn 800 AIR MILES Bonus Miles after $1,000 in card purchases. Besides, it’s a no-annual-fee credit card.

With this Card, you earn 3X miles for every $25 in purchases at participating AIR MILES Partners. And 1 mile for every $25 you spend, Costco included.

NBC mycredit Mastercard

With the NBC mycredit Mastercard, you get:

• 1% cash back on restaurant purchases and recurring pre-authorized payments
• 0.5% cash back on all other purchases

And since it’s a National Bank Mastercard credit card, you can use it at Costco.

Cash back is automatically applied to your credit card statement every billing cycle.

This is a credit card we recommend for those new to credit cards and want a no-fee credit card. Especially since this credit card comes with some insurance for your purchases, including mobile device insurance (which is rare for a no annual fee credit card ).

American Express^® Green Card

Do you want a cash back credit card with no annual fee that earns travel points? Here’s an option for you: the American Express® Green Card.

By signing up for the American Express® Green Card, you can earn a Welcome Bonus of 10,000 Membership Rewards points when you charge $1,000 in purchases to your Card in the first 3 months of Cardmembership. It’s a $100 value, 10,000 Aeroplan points or 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.

Tangerine Money-Back Credit Card

The Tangerine Money-Back Credit Card has no annual fee and offers cash back.

Through January 31, 2023, you can earn an additional 15% back (up to $150) 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.

TD^® Aeroplan^® Visa Platinum* Card

With the TD® Aeroplan® Visa Platinum* Credit Card, you can earn up to 20,000 Aeroplan points and a first-year annual fee rebate:

• A welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card^†
• an additional 10,000 Aeroplan points when you spend $1,000 within 90 days of Account opening^†
• An annual fee rebate for the primary cardholder (instead of $89)^†

With the TD® Aeroplan® Visa Platinum* Card, you earn 1 point per dollar for:

• Grocery stores
• Gas stations
• Air Canada purchases, including Air Canada Vacations

There is no minimum income requirement for this TD Aeroplan credit card.