icon

Compare Rewards Points Credit Cards

Take advantage of great credit card rewards offers today.

Select your priority

Select your rewards preference

Select your annual fees

Today's best reward points credit card offers Apr 16, 2021

CIBC Aventura® Visa InfiniteTM

card image
Welcome bonus
$805
CIBC Aventura Rewards points
Annual rewards
$731
CIBC Aventura Rewards points
Annual fee
$139
First Fee Rebate

Earn points on all purchases and redeem on travel or statement credits.
Includes exceptional travel perks and benefits.
Details at a glance Collapse details
Welcome bonus
$805
Annual rewards
$731
Earn points on all purchases and redeem on travel or statement credits.
Includes exceptional travel perks and benefits.
Details at a glance Collapse details
CIBC Dividend® Visa Infinite*

card image
Welcome bonus
$152
CIBC Cash Back Rewards
Annual rewards
$582
CIBC Cash Back Rewards
Annual fee
$120
First Year Rebate

Limitless cash back card with 4% earns in 2 different categories.
Great base travel insurance.
Details at a glance Collapse details
Welcome bonus
$152
Annual rewards
$582
Limitless cash back card with 4% earns in 2 different categories.
Great base travel insurance.
Details at a glance Collapse details
American Express® AIR MILES®* for Business Card

card image
Welcome bonus
$344
AIRMILES Rewards
Annual rewards
$288
AIRMILES Rewards
Annual fee
$180

A card equipt with solutions and management tools for better buisness control
Redeem your miles for travel or cash
Details at a glance Collapse details
Welcome bonus
$344
Annual rewards
$288
A card equipt with solutions and management tools for better buisness control
Redeem your miles for travel or cash
Details at a glance Collapse details

Rewards points credit cards on RATESDOTCA

Let's face it. In today's world, having a good credit score is important. Not only does it help in emergency situations where you may need a loan, but it is also your passport to low rates on long-term investments such as the purchase of a new car or home. Maintaining monthly payments on a Canadian credit card is an excellent way to develop a good credit score, and reward points credit cards are a great way to get something back on the things you would normally purchase.

What makes rewards cards different?

A credit card is issued after completing the application process. Every lender has their own terms and conditions, and they are carefully planned according to the applicant's credit history and other information. Once these things are established, the applicant is issued a card with a set credit limit. While these details stand true for both standard credit cards and rewards cards, the latter offer special incentives for making purchases that reward the user for using the card. There are various rewards cards available, and Canadians must determine which one best accommodates their individual lifestyles.

Types of rewards cards

Card type   How it works
Gas icon black    

Gas cards

An increasingly popular rewards card that more Canadians are taking advantage of is the gas rewards card. When the card is used to make gasoline purchases, the user is rewarded with a predetermined percentage of money back. With the way gas prices are soaring, this can result in a significant savings throughout the year.

 
Travel Icon black    

Air Miles cards

Those who travel by air often will not want to miss out on the advantages of miles cards. They are often rewarded with a certain amount of free air miles just for signing up, and specified purchases can add even more.

 
Card details icon black    

Balance transfer cards

We all have heard horror stories of the misuse of credit cards, and this has given them a bad reputation. However, when handled responsibly, a credit card can be a beneficial tool. If you have found yourself in a situation with a large balance at a high interest rate, a balance transfer can offer you the relief you need. The credit card company will relieve you of your current debt, and the balance is transferred to the new card at a lower rate.

 
Cash Back Icon black    

Cash back cards

Cash back cards reward you on most purchases. While the percentage may be lower than a more specified purchase such as only on gas, you can certainly benefit. For example, if you set up automatic billing using the card and pay the balance off every month, you can normally receive around 2 percent back on things you would be paying for anyway.

 

Gas cards

Gas icon black

Gas cards

An increasingly popular rewards card that more Canadians are taking advantage of is the gas rewards card. When the card is used to make gasoline purchases, the user is rewarded with a predetermined percentage of money back. With the way gas prices are soaring, this can result in a significant savings throughout the year.

Air Miles cards

Travel Icon black

Air Miles cards

Those who travel by air often will not want to miss out on the advantages of miles cards. They are often rewarded with a certain amount of free air miles just for signing up, and specified purchases can add even more.

Balance transfer cards

Card details icon black

Balance transfer cards

We all have heard horror stories of the misuse of credit cards, and this has given them a bad reputation. However, when handled responsibly, a credit card can be a beneficial tool. If you have found yourself in a situation with a large balance at a high interest rate, a balance transfer can offer you the relief you need. The credit card company will relieve you of your current debt, and the balance is transferred to the new card at a lower rate.

Cash back cards

Cash Back Icon black

Cash back cards

Cash back cards reward you on most purchases. While the percentage may be lower than a more specified purchase such as only on gas, you can certainly benefit. For example, if you set up automatic billing using the card and pay the balance off every month, you can normally receive around 2 percent back on things you would be paying for anyway.

Understanding your options

Competition is high in the world of credit card issuers, and this has caused them to offer incentives to their users. Considering taking advantage of these rewards can be a wonderful choice, but it must be made wisely. For example, if you only travel once or twice a year, the miles card would not be your best choice. The gas card may not be your best option if you work from home and rarely travel far. By carefully considering your lifestyle, you can choose a rewards card that will best benefit you.

Latest Personal Finance Articles

Did You Work From Home in 2020? You May Be Eligible for a $400 Tax Credit
The Canada Revenue Agency has introduced a temporary flat rate method to simplify claiming home office expenses for the 2020 tax year. Eligible taxpayers can claim up to $400.
How to File Your Taxes Without a T4 or When You're Self-Employed
Missing some tax paperwork? Learn what you need to do to file your taxes without a T4 and avoid missing the deadline.
Top 5 Credit Cards with Price Protection in Canada for 2021
Learn which credit cards in Canada offer price protection to ensure you are always paying the lowest possible price for your purchases.