Best Student Credit Cards – July 2024

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.

CIBC Dividend^® Visa* Card for Students

The CIBC Dividend® Visa* Card for Students is one of the best cash back Visa credit cards for students in Canada. For a limited time, earn 10% cash back up to $100 on your first 4 monthly statements.

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^†

What’s more, with this CIBC Student Credit Card, you benefit from a free free membership to SPCmembership, for instant savings on over 450 in-store and online transactions.

And this CIBC Student Credit Card offers some insurance coverages:

• $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
• Earn a $20 cash bonus when you sign up for a KOHO account with our link and make your first purchase within 30 days of registration

The features of the KOHO Extra Mastercard® Prepaid Card are as follows:

• Earn 1% cash back on on groceries, eating & drinking, and transportation Plus, up to 50% extra cashback from select merchants.
• Accepted at Costco
• Earn 5% interest on both your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are per year, calculated daily, paid monthly, and can change at any time without notice.
• Choose from one of four exciting card colours. Receive both a physical and virtual card.
• Start adding funds and shopping online while you wait for your physical card to arrive in the mail. No need to budge from your couch to make online purchases. Just use your virtual card!
• Card Security – KOHO provides a different card number to help protect your physical card number when you’re shopping or booking services online
• Add your KOHO card to Apple, Samsung or Google Pay
• Automate your savings with Goals and RoundUps. Rounding up every purchase lets you stash away some savings, while Goals make it easier to save for whatever it is that makes you happy
• Lock in savings with Vault that keeps the funds you don’t want to spend separate from your spendable balance
• Create custom budgets and track your spending habits. Know where you’re at in real time with instant notifications every time you spend.
• Build your credit history with a 6-month Credit Builder program at only $10/month and earn cashback with KOHO’s Credit Building & Pre-Paid Credit Cards
• Get access to a cash advance of up to $250 at 0% interest with KOHO Cover

CIBC Aventura^® Visa* Card for Students

The CIBC Aventura® Visa* Card for Students is one of the best travel rewards Visa credit cards for students 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 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^†

What’s more, with this CIBC Student Credit Card, eligible student clients can get a free SPC+ membership, and receive over 450 deals on everyday purchases, bigger discounts, special experiences and exclusive giveaways.^†

Also, 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

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

The BMO CashBack Mastercard for students is ideal 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!

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.

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.

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

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 miles after $1,000 in 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 National Bank 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 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.

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.