Looking to filter every card by your own criteria instead? Use our credit card comparison tool. For this month’s best offers, see the best credit cards in Canada.
The Milesopedia team has gathered all its credit card comparisons to help you choose the best credit card. If you’re not sure which card to choose, this is the place to find the answers and make your choice!
Mid-Range
Premium
Ultra-Premium
Business
Student
View the list of best student credit cards in Canada.
Prepaid
Low-Interest
See the list of the best low-interest credit cards in Canada.
No annual fee
Other Credit Cards
Loyalty programs
Comparing cards based on your spending
A head-to-head comparison puts two cards side by side. To find out which one earns you the most, start from your actual spending instead. The Financial Consumer Agency of Canada (FCAC) recommends estimating the value of the rewards you would earn in a year, then subtracting the annual fee.
In practice, a card's net value comes down to four elements:
- Annual rewards: your spending in each category multiplied by the card's earn rate, then by the estimated point value.
- Welcome offer: it counts in the first year only, and only if you meet its conditions.
- Benefits you use: annual credits or lounge access, if you actually use them.
- Annual fee: subtract it every year.
If you carry a balance from month to month, however, the interest rate matters more than the rewards. The FCAC makes this point in its guide Choosing a credit card, accessed in September 2026.