The Best Student Credit cards
These credit cards are for students. With these credit cards, you can earn rewards and build your credit report.
Here is a table summarizing the different offers. For more details, read on or click on the name of a card.
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, EV charging, 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 MILESOPEDIA when you apply for your card
- Get $20 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
- 1% cash back on groceries and transportation
- 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, EV charging, 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 3,500 Avion points as a welcome bonus.
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
For a limited time, with this exclusive welcome offer, you can get up to $135 Cash Back!
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 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.
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.
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.
Frequent Asked Questions about credit cards
Here are frequently asked questions in the milesopedia community about credit cards in Canada.
What is the best Visa credit card in Canada?
There are several good student credit cards in Canada, including:
What is the best-prepaid student card in Canada?
The best student prepaid card in Canada is the KOHO Mastercard Prepaid Card. Read our review of the KOHO Mastercard Prepaid Card.
How do I choose a student credit card in Canada?
When choosing a student credit card in Canada, it is essential to consider several factors to find a card that best suits your needs and financial situation. Here are some steps to help you choose the best student credit card:
- Check your eligibility: Before applying for a credit card, ensure you are eligible. Banks and credit card issuers may require you to be a certain age, have a minimum income or be a full-time student.
- Compare offers: Compare offers from different banks and credit card issuers to find the card that best suits your needs. Check out the interest rates, annual fees, rewards programs and benefits offered by each card.
- Check out rewards programs: Rewards programs are additional benefits that can be offered with a credit card. Look for rewards programs that fit your spending habits, such as cash back for groceries or points for travel.
- Check interest rates: Interest rates can vary significantly from one card to another. Look for cards with reasonable interest rates and avoid cards with high interest rates, which can be difficult to pay off.
- Check the fees: Some credit cards have annual fees or hidden fees. Check the fees associated with each card and make sure they are reasonable.
- Check credit limits: Credit limits may vary from card to card. Make sure the card you choose has a credit limit that matches your spending habits.
Ultimately, it’s important to choose a credit card that suits your needs and financial situation. Before applying for a credit card, take the time to compare the different options available and choose the one that best suits your spending habits and financial goals.