The Best Credit Cards In My Wallet

American Express Cobalt^® Card

The American Express Cobalt® Card is the best credit card from American Express, whether you want points for travel or cash back.

The welcome bonus is distributed monthly for the first 12 months. You’ll earn 1,250 Membership Rewards points for every $750 in purchases charged to your card during the month (whether in the 1X, 2X, 3X or 5X category). That’s up to 15,000 Membership Rewards points.

You can easily use these points as statement credits for everyday or travel purchases. The value is the same for both: 1,000 points = $10.

Or you can transfer them into Aeroplan points, Avios (British Airways/Qatar Airways), Flying Blue, Marriott Bonvoy or Hilton Honors.

With the American Express Cobalt® Card, you can earn between 1 and 5 points per dollar:

This is a 1 to 5% return on all these purchases.

For example, if you spend $1,000 per month on groceries and/or restaurants and/or food delivery, you’ll earn $50 cash back per month, or $600 cash back per year with this card for this category of purchases!

And if you decide to transfer your points to other programs like Aeroplan, you could get even more value!

In addition, this card provides excellent insurance coverage: rental car theft and damage, baggage delay, lost or stolen baggage, flight delay, $250,000 travel accident, hotel or motel burglary, Mobile Device Insurance, Purchase Security, Purchase Protection Insurance.

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

National Bank World Elite Mastercard

The National Bank World Elite Mastercard® is NBC’s best Mastercard credit card.

Until August 15, 2024, receive up to 40,000 reward points in your first year with our welcome offer, broken down as follows:

• 5,000 points after enrolling in payment insurance for at least the first 3 months of card membership
• 5,000 points after $5,000 in purchases in the first 3 months of card membership
• 10,000 points after $10,000 in cumulative purchases in the first 6 months
• 20,000 points after $15,000 in cumulative purchases in the first 12 months

With this card, you earn up to 5 points per dollar on your purchases:

• 5 points per dollar on grocery and restaurant purchases
• 2 points per dollar on gas and electric recharge purchases
• 2 points per dollar on recurring bills
• 2 points per dollar on À la carte Travel
• 1 point per dollar on all other purchases

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

With this card, you have access to a $150 annual travel credit that you can use in any of these categories:

• Airport parking
• Baggage fees
• Seat selection
• Access to airport lounges
• Flight upgrades

In addition, you can enjoy access to DragonPass airport lounges and free Wi-Fi with Boingo. And unlimited access to the National Bank Lounge at Montreal-Trudeau.

Finally, Milesopedia voted the National Bank World Elite Mastercard® the Best Travel Credit Card and the Best Credit Card for Insurance in 2023 and 2024.

Scotiabank Passport™ Visa Infinite* Card

With this welcome offer for the Scotiabank Passport™ Visa Infinite* Card, you earn up to 35,000 Scene+ points as a welcome bonus (a $350 value) :

• 25,000 points after just $1,000 in purchases
• 10,000 points after $40,000 in purchases in the first year

Then, each year, if you make at least $40,000 in purchases on the card, you’ll earn an annual bonus of 10,000 points, a $100 value.

With the Scotiabank Passport™ Visa Infinite* Card, you earn 3 points per dollar spent at Sobeys, IGA, Safeway, Foodland, FreshCo, Voilà by Sobeys, Voilà by IGA, Voilà by Safeway, Chalo! FreshCo, Thrifty Foods, IGA West, Les Marchés Tradition, Rachelle Béry and Co-Op.

You’ll also earn 2 points for every dollar you spend, including on foreign transactions, in the following categories:

• Grocery shopping
• Restaurants
• Entertainment centers
• Transit

The Scotiabank Passport™ Visa Infinite* Card is an excellent Visa credit card for this type of purchase.

You can redeem your points for any travel purchase at the rate of 1,000 points = $10 (flights, hotels, all-inclusive properties and even Airbnb). You can also use your points as cash back with Scene+, such as at your grocery store checkout at the same rate of 1,000 points = $10.

The Scotiabank Passport™ Visa Infinite* Card also offers:

• No fees for foreign currency transactions
• 6 complimentary passes to airport VIP lounges
• Excellent insurance for your travels and purchases
• Concierge service

We voted this credit card the Best No-FX Fee Credit Card of 2024.

Marriott Bonvoy^® American Express^®* Card

The Marriott Bonvoy® American Express®* Card is the best credit card for free hotel nights.

With this welcome offer, you can earn 50,000 Marriott Bonvoy points by spending $1,500 in the first 3 months after joining.

It’s a Card we recommend keeping because each year at renewal, you get an Annual Free Night Award (for up to 35,000 points at hotels worldwide) and 15 Elite Night Credits per year, counting towards your Marriott Bonvoy Elite status.

With this Card, you earn 5 points per dollar on all purchases at Marriott Bonvoy properties and 2 points per dollar on all other purchases.

Finally, this Card comes with comprehensive insurance: baggage delay, lost or stolen baggage, $500,000 travel accident, flight delay, hotel or motel burglary, rental car theft and damage, Purchase Security, Purchase Protection.

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

TD^® Aeroplan^® Visa Infinite* Card

With the TD® Aeroplan® Visa Infinite* Card, you can earn up to 40,000 Aeroplan^† points:

• Earn a welcome bonus of 10,000 Aeroplan points when you make your first purchase with your new card^†
• Earn 15,000 Aeroplan points when you spend $7,500 within 180 days of account opening^†
• Plus, earn a one-time anniversary bonus of 15,000 Aeroplan points when you spend $12,000 within 12 months of account opening^†
• $100 NEXUS fee rebate^†
• Up to eight passengers travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lb) when your travel originates on an Air Canada flight^†

It’s the best TD credit card for occasional Air Canada travellers.

With the TD® Aeroplan® Visa Infinite* Card, you earn 1.5 points^† per dollar of eligible purchases for:

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

American Express Platinum Card^®

The Platinum Card® is the Best Premium Travel Card in Canada.

With this welcome offer, you can earn up to 100,000 Membership Rewards points:

• 70,000 Welcome Bonus points after you charge $10,000 in net purchases to your Card in your first 3 months of Cardmembership
• 30,000 points when you make a purchase between 14 and 17 months of Cardmembership

With this card, you get:

• 2 points per dollar for dining purchases
• 2 points per dollar on travel purchases
• 1 point per dollar on all other purchases

You can use your Membership Rewards points in many ways:

• Transfer points to airline partners: Aeroplan, Avios (British Airways / Qatar Airways), Flying Blue, Delta Skymiles, etc.
• Transfer points to hotel programs (Hilton Honors, Marriott Bonvoy)
• Redeem points for statement credits to offset any travel purchase charged to your Card (1,000 points = $10)
• Redeem points for statement credits towards other purchases (1,000 points = $10)
• And more!

With this card, you also have advantages for your travels:

• $200 Annual Travel Credit
• $200 Annual Dining Credit
• $100 NEXUS Card Statement Credit
• Free, unlimited access for you and one additional traveller to over 1,200 airport lounges in more than 130 countries
• Hilton Honors Gold Elite status (complimentary breakfast at all Hilton hotels)
• Marriott Bonvoy Gold Elite status
• Access to the Fine Hotels & Resorts program

Last but not least, the Platinum Card® is distinguished by the numerous insurance coverages offered: theft and damage for rental cars, travel accident of $500,000Emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delays and misdirected baggage, hotel or motel burglary, Purchase Protection, Purchase Security.

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

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