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Best credit card welcome offers for April 2022

April 1, 2022
13 mins
An employee flips the open sign in the window

The credit card competition for the best welcome offer is heating up faster than the temperature outside.

According to our Best of Finance methodology, The Platinum Card® from American Express has a $1,607 first-year value. And while the steep annual fee ($699) isn’t for everyone, there are five other cards on this list with first-year values exceeding $1,000 — a sight we don’t usually see.

Whether you want to earn travel rewards for your next vacation or get cash back at the pumps (most drivers could use a break in this area right now), our comprehensive credit card list features various options to suit your lifestyle.

Compare credit cards using our list of welcome offers for April.

Our top picks
Credit card Welcome offer Annual fee
1. The Platinum Card®

 

  • Earn up to 110,000 Membership Rewards®points
  • This offer expires on May 11, 2022.

$699

2. TD® Aeroplan® Visa Infinite* Card

  • Earn up to 50,000 Aeroplan points.
  • This offer expires on September 5, 2022.

$139 (First year rebated)

3. American Express Cobalt® Credit Card

  • Earn up to 30,000 Membership Rewards® points.

$156 ($12.99 per month)

4. American Express® Gold Rewards Card

  • Earn up to 70,000 Membership Rewards® points.
  • This offer expires on May 11, 2022.

$250

5. Scotiabank®* Gold American Express® Card

  • Earn up to 45,000 Scene+ points.
  • This offer expires on July 4, 2022.

$120

6. RBC Avion® Visa Infinite Card

  • Earn 35,000 welcome points upon enrollment.
  • This offer expires on May 15, 2022.

$120

7. Scotia Momentum® Visa Infinite* Card

  • Earn up to 10% cash back for the first three months. This offer expires on May 1, 2022.

$120 (First year waived)

8. TD First Class Travel® Visa Infinite* Card

  • Earn up to 100,000 TD Points.
  • This offer expires on May 29, 2022.

$120 (First year rebated)

9. BMO CashBack World Elite* Mastercard*
  • Earn up to 10% cash back for the first three months.
  • This offer expires on December 6, 2022.

$120 (First year waived)

10. MBNA Rewards Platinum Plus® Mastercard®
  • Earn four points for every $1 spent on grocery, restaurant, digital media, membership, and household utility purchases for 90 days.
  • Plus, earn up to 10,000 bonus points.
$0

11. SimplyCash™ Card from American Express

  • Earn up to 4% cash back in your first six months.

$0

12. Tangerine World Mastercard®

  • Earn up to 10% cash back for the first two months.
  • This offer expires on May 31, 2022.

$0

13. BMO CashBack Mastercard®*
  • Earn up to 5% cash back for three months.
  • This offer expires on December 6, 2022.
$0
14. Scotia Momentum® No-Fee VISA* Card
  • Earn up to 5% cash back for the first three months. This offer expires on May 1, 2022.
$0
15. HSBC +Rewards™ Mastercard®
  • Earn up to 35,000 points.
  • This offer expires on October 31, 2022.
$25 (First year rebated)

Terms and conditions apply.

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Compare the best credit cards on RATESDOTCA

Find the best credit card for your lifestyle today!

1. The Platinum Card® from American Express

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$1050
+ Annual rewards
$567
- Annual fee
$699
Total first year value
$918
The Platinum Card®

card image
Welcome bonus
$1050
AMEX Rewards points
Annual rewards
$567
AMEX Rewards points
Annual fees:
$699
Interest rates:
N/A on purchases • N/A on cash advances
The best perks and insurance on a premium card in Canada
Great for stress-free travel and exclusive lounge access
Details at a glance Collapse details
Welcome bonus
$1050
Annual rewards
$567
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$1050
+ Annual rewards
$567
- Annual fee
$699
Total first year value
$918
Annual fees:
$699
Interest rates:
30.0% on purchases
30.00% on cash advances
The best perks and insurance on a premium card in Canada
Great for stress-free travel and exclusive lounge access
Details at a glance Collapse details

Apply for The Platinum Card® from American Express to earn 90,000 Membership Rewards® points when you spend at least $6,000 in purchases on your card in the first three months.

Plus, you can earn up to 10 points for every $1 spent on eligible travel purchases for the first six months. That could add up to 20,000 points.

Regular features and benefits of this card include:

  • Annual fee: $699
  • Annual fee for additional cards:
    • $175 for each additional Platinum Card
    • $50 for each additional Gold Card
  • Earn 3X the points on eligible dining and food delivery purchases.
  • Earn 2X the points on eligible travel purchases.
  • Earn 1X the points on all other purchases.

Travel in style and luxury with this card. Get up to $100 in statement credits when a NEXUS application fee or renewal is charged to the card. Access perks at designated hotels, such as late check-out and complimentary breakfast for two. Receive benefits at Toronto Pearson International Airport and join the priority security line during peak times. Plus, get travel insurance for peace of mind.

Offer expiry date: May 11, 2022

2. TD® Aeroplan® Visa Infinite* Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$1000
+ Annual rewards
$570
- Annual fee (First Year Rebat)
$0
Total first year value
$1570
TD® Aeroplan® Visa Infinite* Card

card image
Welcome bonus
$1000
Aeroplan Points
Annual rewards
$570
Aeroplan Points
Annual fees:
$139 (First Year Rebate)
Interest rates:
19.99% on purchases • 22.99% on cash advances
Best Visa Aeroplan Credit Card in Canada
VIP benefits when travelling on Air Canada flights, plus great travel insurance
Details at a glance Collapse details
Welcome bonus
$1000
Annual rewards
$570
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$1000
+ Annual rewards
$570
- Annual fee (First Year Rebat)
$0
Total first year value
$1570
Annual fees:
$139 (First Year Rebate)
Interest rates:
19.99% on purchases
22.99% on cash advances
Best Visa Aeroplan Credit Card in Canada
VIP benefits when travelling on Air Canada flights, plus great travel insurance
Details at a glance Collapse details

The TD® Aeroplan® Visa Infinite* Card offers up to 50,000 Aeroplan points:

  • Earn 10,000 Aeroplan points when you make your first purchase using your card.
  • Get 20,000 points when you spend at least $1,500 in the first 90 days (about three months).
  • Receive an additional 20,000 points when you spend at least $7,500 in the first 12 months of opening the account.

(This offer is not available to residents of Quebec). Must apply by September 5, 2022.

Regular features and benefits of this card include:

  • Annual fee: $139
  • Annual fee for additional cards: $75
  • Earn 1.5 Aeroplan points for every $1 spent on eligible gas, grocery, and Air Canada purchases.
  • Earn one Aeroplan point for every $1 spent on all other purchases.

Enroll for NEXUS and get an application fee rebate every 48 months (up to a $100 value). Also, access exclusive Visa Infinite benefits for hotel perks and experiences and Air Canada benefits for savings on baggage fees.

This offer is not available for residents of Quebec. For Quebec residents, please click here.

Offer expiry date: September 5, 2022

Terms and conditions apply.

3. American Express Cobalt® Credit Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$525
+ Annual rewards
$1155
- Annual fee
$156
Total first year value
$1524
American Express Cobalt® Credit Card

card image
Welcome bonus
$525
AMEX Rewards points
Annual rewards
$1155
AMEX Rewards points
Annual fees:
$156
Interest rates:
20.99% on purchases • 21.99% on cash advances
2022 Winner – Best Overall Rewards Credit Card, Best Credit Card for Young Professionals, and Best Credit Card for Earning Travel Points.
Particularly great for individuals who live in the city, eat out often or order in.
Details at a glance Collapse details
Welcome bonus
$525
Annual rewards
$1155
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$525
+ Annual rewards
$1155
- Annual fee
$156
Total first year value
$1524
Annual fees:
$156
Interest rates:
20.99% on purchases
21.99% on cash advances
2022 Winner – Best Overall Rewards Credit Card, Best Credit Card for Young Professionals, and Best Credit Card for Earning Travel Points.
Particularly great for individuals who live in the city, eat out often or order in.
Details at a glance Collapse details

Apply for the American Express Cobalt® Credit Card to earn 2,500 points for each monthly billing period in which you spend at least $500 on the card for the first year. This could add up to 30,000 points.

Regular features and benefits of this card include:

  • Monthly fee: $12.99 ($156 annually)
  • Annual fee for additional cards: $0
  • Earn five Membership Rewards® points for every $1 spent on eligible restaurant and food delivery purchases.
  • Earn three Membership Rewards® points for every $1 spent on eligible streaming subscriptions.
  • Earn two Membership Rewards® points for every $1 spent on eligible travel and transit purchases.
  • Earn one Membership Rewards® point for every $1 spent on all other purchases.

This card features mobile device insurance, shopping coverage, and exclusive access to presale tickets, events, and experiences.

Offer expiry date: N/A (Subject to change without notice)

4. American Express® Gold Rewards Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$700
+ Annual rewards
$651
- Annual fee
$250
Total first year value
$1101
American Express® Gold Rewards Card

card image
Welcome bonus
$700
AMEX Rewards points
Annual rewards
$651
AMEX Rewards points
Annual fees:
$250
Interest rates:
N/A on purchases • N/A on cash advances
Very impressive collection of benefits and insurance for the avid traveller
Flexible points can be redeemed for travel, statement credits, and more
Details at a glance Collapse details
Welcome bonus
$700
Annual rewards
$651
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$700
+ Annual rewards
$651
- Annual fee
$250
Total first year value
$1101
Annual fees:
$250
Interest rates:
0.0% on purchases
on cash advances
Very impressive collection of benefits and insurance for the avid traveller
Flexible points can be redeemed for travel, statement credits, and more
Details at a glance Collapse details

New members of the American Express® Gold Rewards Card can earn up to 70,000 bonus Membership Rewards® points. Earn a Welcome Bonus of 50,000 points when you charge at least $3,000 in purchases to your card in the first three months. Earn 10 points for every $1 spent on eligible travel purchases for the first six months (up to 20,000 points).

Regular features and benefits of this card include:

  • Annual fee: $250
  • Annual fee for additional cards: $50
  • Earn two Membership Rewards® points for every $1 spent on eligible travel, including flights and car rentals.
  • Earn two Membership Rewards® points for every $1 spent on eligible gas, grocery, and drugstore purchases in Canada.
  • Earn one Membership Rewards® point for every $1 spent on all other purchases.

Members receive a $100 annual travel credit toward any single travel booking of $100 or more charged to their card. Plus, get four complimentary lounge visits to Plaza Premium Lounges annually and a $50 statement credit when a NEXUS application or renewal fee is charged to the card.

Offer expiry date: May 11, 2022

5. Scotiabank®* Gold American Express® Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$450
+ Annual rewards
$744
- Annual fee (First Year Waived)
$0
Total first year value
$1194
Scotiabank®* Gold American Express® Card

card image
Welcome bonus
$450
Scotia Scene+ Points
Annual rewards
$744
Scotia Scene+ Points
Annual fees:
$120 (First Year Waived)
Interest rates:
19.99% on purchases • 22.99% on cash advances
2022 Winner – Best No Foreign Transaction Fees Credit Card for Long Stay Travellers and Best Credit Card for Staying Home and Ordering In
Strong travel perks and 0% foreign transaction fees compliment great reward value
Details at a glance Collapse details
Welcome bonus
$450
Annual rewards
$744
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$450
+ Annual rewards
$744
- Annual fee (First Year Waived)
$0
Total first year value
$1194
Annual fees:
$120 (First Year Waived)
Interest rates:
19.99% on purchases
22.99% on cash advances
2022 Winner – Best No Foreign Transaction Fees Credit Card for Long Stay Travellers and Best Credit Card for Staying Home and Ordering In
Strong travel perks and 0% foreign transaction fees compliment great reward value
Details at a glance Collapse details

Apply for the Scotiabank®* Gold American Express® Card to earn up to 45,000 bonus Scene+ points. Earn 25,000 Scene+ points when you charge at least $1,000 in purchases to the card in the first three months. Earn an additional 20,000 Scene+ points when you spend at least $7,500 in everyday purchases in the first 12 months.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for additional cards: $29
  • Earn five Scene+ points for every $1 spent on eligible grocery, restaurant, food delivery, food subscription, and entertainment purchases.
  • Earn three Scene+ points for every $1 spent on eligible gas and daily transit purchases and select streaming services.
  • Earn five Scene+ points for every $1 spent on all other purchases.

Access excellent travel perks with this card. Get travel insurance and concierge services, pay no foreign transaction fees on purchases made abroad or at foreign merchants online, and access Scene+ Travel (a full-service travel agency).

Offer expiry date: July 4, 2022

6. RBC Avion® Visa Infinite Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$1100
+ Annual rewards
$492
- Annual fee
$120
Total first year value
$1472
RBC Avion® Visa Infinite

card image
Welcome bonus
$1100
RBC Rewards points
Annual rewards
$492
RBC Rewards points
Annual fees:
$120
Interest rates:
19.99% on purchases • 22.99% on cash advances
Travellers earn points redeemable on flights through various airline rewards programs
Includes comprehensive travel insurance and generous mobile device insurance
Details at a glance Collapse details
Welcome bonus
$1100
Annual rewards
$492
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$1100
+ Annual rewards
$492
- Annual fee
$120
Total first year value
$1472
Annual fees:
$120
Interest rates:
19.99% on purchases
22.99% on cash advances
Travellers earn points redeemable on flights through various airline rewards programs
Includes comprehensive travel insurance and generous mobile device insurance
Details at a glance Collapse details

The RBC Avion® Visa Infinite Card offers 35,000 welcome points upon enrolment. Points will appear on your first monthly credit card statement.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for additional cards: $50
  • Earn one RBC Rewards point for every $1 spent on the card.
  • Earn 25% more RBC Rewards points on eligible travel-related purchases. That is 1.25 RBC Rewards points for every $1 spent.

Get instant fuel savings at Petro-Canada when you link your card to the Petro-Points program and get additional savings at Rexall. Plus, for a limited time, you can get a free 12-month DashPass subscription when you pay with your eligible card.

Offer expiry date: May 15, 2022

7. Scotia Momentum® Visa Infinite* Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$153
+ Annual rewards
$564
- Annual fee (First Year Waived)
$0
Total first year value
$717
Scotia Momentum® Visa Infinite* Card

card image
Welcome bonus
$153
Scotia Cash Back Rewards
Annual rewards
$564
Scotia Cash Back Rewards
Annual fees:
$120 (First Year Waived)
Interest rates:
20.99% on purchases • 22.99% on cash advances
One of the top cards that earns you generous cash back in a variety of key purchase catagories
Includes rare Mobile Device insurance on a cash back card
Details at a glance Collapse details
Welcome bonus
$153
Annual rewards
$564
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$153
+ Annual rewards
$564
- Annual fee (First Year Waived)
$0
Total first year value
$717
Annual fees:
$120 (First Year Waived)
Interest rates:
20.99% on purchases
22.99% on cash advances
One of the top cards that earns you generous cash back in a variety of key purchase catagories
Includes rare Mobile Device insurance on a cash back card
Details at a glance Collapse details

The Scotia Momentum® Visa Infinite* Card offers 10% cash back on up to $2,000 in total purchases for the first three months, and Scotiabank will waive the annual fee for primary and supplementary cards for the first year.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for additional cards: $50
  • Earn 4% cash back for every $1 spent on groceries, subscription purchases, and recurring bill payments.
  • Earn 2% cash back for every $1 spent on gas and daily transit purchases, including buses and rideshare services.
  • Earn 1% cash back for every $1 spent on all other purchases.

The Scotia Momentum® Visa Infinite* Card has you covered, from travel insurance to mobile device insurance. It also features Visa Infinite benefits such as concierge services and hotel perks.

Offer expiry date: May 1, 2022

8. TD First Class Travel® Visa Infinite* Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$500
+ Annual rewards
$360
- Annual fee (First Year Rebat)
$0
Total first year value
$860
TD First Class Travel® Visa Infinite* Card

card image
Welcome bonus
$500
TD Rewards points
Annual rewards
$360
TD Rewards points
Annual fees:
$120 (First Year Rebate)
Interest rates:
19.99% on purchases • 22.99% on cash advances
Includes complimentary travel insurance and access perks
Points can be redeemed for travel, statement credits, brand name merchadise and more!
Details at a glance Collapse details
Welcome bonus
$500
Annual rewards
$360
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$500
+ Annual rewards
$360
- Annual fee (First Year Rebat)
$0
Total first year value
$860
Annual fees:
$120 (First Year Rebate)
Interest rates:
19.99% on purchases
22.99% on cash advances
Includes complimentary travel insurance and access perks
Points can be redeemed for travel, statement credits, brand name merchadise and more!
Details at a glance Collapse details

The TD First Class Travel® Visa Infinite* Card offers up to 100,000 TD points. Earn 20,000 TD Points when you make your first purchase using the card. Get an additional 80,000 TD Points when you spend at least $1,500 within 90 days (about three months) of opening the account. Plus, TD will rebate the $120 annual fee for the first year.

This card also offers a 0% promotional interest rate on travel purchases for the first six months.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for additional cards: $50
  • Earn three TD Points for every $1 spent on purchases using the card.
  • Earn nine TD Points for every $1 spent booking travel online through Expedia for TD.
  • Earn 50% more points (1.5 TD Points per $1) at Starbucks.

Get travel insurance coverage, and an annual Priority Pass Membership discount with this card.

This offer is not available for residents of Quebec. For Quebec residents, please click here.

Offer expiry date: May 29, 2022

Terms and conditions apply.

9. BMO CashBack World Elite* Mastercard*

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$150
+ Annual rewards
$594
- Annual fee (First Year Waived)
$0
Total first year value
$744
BMO CashBack World Elite* Mastercard*

card image
Welcome bonus
$150
BMO Cash Back Rewards
Annual rewards
$594
BMO Cash Back Rewards
Annual fees:
$120 (First Year Waived)
Interest rates:
20.99% on purchases • 23.99% on cash advances
2022 Winner – Best Overall Cash Back Credit Card
Strong cash back reward rates in a variety of catagories 
Details at a glance Collapse details
Welcome bonus
$150
Annual rewards
$594
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$150
+ Annual rewards
$594
- Annual fee (First Year Waived)
$0
Total first year value
$744
Annual fees:
$120 (First Year Waived)
Interest rates:
20.99% on purchases
23.99% on cash advances
2022 Winner – Best Overall Cash Back Credit Card
Strong cash back reward rates in a variety of catagories 
Details at a glance Collapse details

Apply for the BMO CashBack World Elite* Mastercard* to earn up to 10% cash back for the first three months. Plus, BMO will waive the $120 annual fee for the first year.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for additional cards: $50
  • Earn 5% cash back on your first $500 in grocery purchases monthly.
  • Earn 4% cash back on your first $300 in ground transportation purchases monthly.
  • Earn 3% cash back on your first $300 in vehicle fuel purchases monthly.
  • Earn 2% cash back on your first $500 in recurring bill payments monthly.
  • Earn 1% unlimited cash back on all other purchases.

The BMO CashBack World Elite* Mastercard* offers handy perks like roadside assistance and concierge services.

Offer expiry date: December 6, 2022

10. MBNA Rewards Platinum Plus® Mastercard®

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$205
+ Annual rewards
$340
- Annual fee
$0
Total first year value
$545
MBNA Rewards Platinum Plus® Mastercard®

card image
Welcome bonus
$205
MBNA Rewards points
Annual rewards
$340
MBNA Rewards points
Annual fees:
$0
Interest rates:
19.99% on purchases • 24.99% on cash advances
2022 Winner - Best No-Fee Travel Credit Card
Flexible rewards redeemable for travel or cash back
Details at a glance Collapse details
Welcome bonus
$205
Annual rewards
$340
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$205
+ Annual rewards
$340
- Annual fee
$0
Total first year value
$545
Annual fees:
$0
Interest rates:
19.99% on purchases
24.99% on cash advances
2022 Winner - Best No-Fee Travel Credit Card
Flexible rewards redeemable for travel or cash back
Details at a glance Collapse details

The MBNA Rewards Platinum Plus® Mastercard® offers four points for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases for 90 days (about three months), up to the $10,000 annual spend cap.

Plus, earn 5,000 bonus points after you spend at least $500 in eligible purchases during the first 90 days and another 5,000 bonus points for signing up for paperless e-statements within the same period. That is up to 10,000 bonus points.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Annual fee for additional cards: $0
  • Earn two points for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases until $10,000 is spent annually.
  • Earn one point for every $1 spent on all other purchases.

This card features a birthday bonus (up to 10,000 points annually), mobile device insurance, extended warranty benefits, and purchase assurance.

Offer expiry date: N/A (Subject to change without notice)

11. SimplyCash™ Card from American Express

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$215
+ Annual rewards
$300
- Annual fee
$0
Total first year value
$515
SimplyCash™ Card from American Express

card image
Welcome bonus
$215
AMEX Cashback Rewards
Annual rewards
$300
AMEX Cashback Rewards
Annual fees:
$0
Interest rates:
19.99% on purchases • 21.99% on cash advances
2022 Winner – Best No-Frills Cash Back Credit Card
Straigtforward, no fee card with a generous 6 month welcome offer
Details at a glance Collapse details
Welcome bonus
$215
Annual rewards
$300
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$215
+ Annual rewards
$300
- Annual fee
$0
Total first year value
$515
Annual fees:
$0
Interest rates:
19.99% on purchases
21.99% on cash advances
2022 Winner – Best No-Frills Cash Back Credit Card
Straigtforward, no fee card with a generous 6 month welcome offer
Details at a glance Collapse details

Apply for the SimplyCash™ Card from American Express to earn up to 4% cash back on all purchases for the first six months (up to $5,000 spent). That is up to $200 cash back.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Annual fee for additional cards: $0
  • Earn 1.25% cash back on all purchases.

Access American Express® Experiences for exclusive offers and curated events. This card also features travel accident insurance, extended warranty, and purchase protection.

Offer expiry date: N/A (Subject to change without notice)

12. Tangerine World Mastercard®

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$100
+ Annual rewards
$309
- Annual fee
$0
Total first year value
$409
Tangerine World Mastercard®

card image
Welcome bonus
$100
Money-Back Rewards
Annual rewards
$309
Money-Back Rewards
Annual fees:
$0
Interest rates:
19.95% on purchases • 19.95% on cash advances
2022 Winner – Best No-Fee Cash Back Credit Card
Flexible no-fee cashback card with ability to choose what categories earn you the most cash back
Details at a glance Collapse details
Welcome bonus
$100
Annual rewards
$309
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$100
+ Annual rewards
$309
- Annual fee
$0
Total first year value
$409
Annual fees:
$0
Interest rates:
19.95% on purchases
19.95% on cash advances
2022 Winner – Best No-Fee Cash Back Credit Card
Flexible no-fee cashback card with ability to choose what categories earn you the most cash back
Details at a glance Collapse details

New cardmembers of the Tangerine World Mastercard® can earn 10% cash back for the first two months on up to $1,000 in total purchases. That is up to $100 cash back.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Annual fee for additional cards: $0
  • Earn 2% cash back in up to three categories of your choice. Start with two Money-Back Categories and earn the third when you deposit your rewards into a Tangerine Savings Account. The 10 Money-Back Categories include groceries, furniture, restaurants, hotel-motel, gas, recurring bill payments, drugstore, home improvements, entertainment, and public transportation and parking.
  • Earn 0.50% cash back on all other purchases.

This card provides basic travel perks, such as rental car collision damage/loss insurance, Mastercard® Airport Experiences Provided by LoungeKey, and Boingo Wi-Fi for Mastercard. It also features mobile device insurance.

Offer expiry date: May 31, 2022

13. BMO CashBack Mastercard®*

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$101
+ Annual rewards
$288
- Annual fee
$0
Total first year value
$389
BMO CashBack Mastercard®*

card image
Welcome bonus
$101
BMO Cash Back Rewards
Annual rewards
$288
BMO Cash Back Rewards
Annual fees:
$0
Interest rates:
19.99% on purchases • 22.99% on cash advances
Generous cash back rewards for no annual fee
Cash back rewards include the freedom to redeem anytime
Details at a glance Collapse details
Welcome bonus
$101
Annual rewards
$288
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$101
+ Annual rewards
$288
- Annual fee
$0
Total first year value
$389
Annual fees:
$0
Interest rates:
19.99% on purchases
22.99% on cash advances
Generous cash back rewards for no annual fee
Cash back rewards include the freedom to redeem anytime
Details at a glance Collapse details

Apply for the BMO* CashBack® Mastercard®* to earn 5% cash back on up to $2,500 in total purchases in the qualified categories ($500 groceries, $500 recurring bill payments, $1,500 on all other purchases) for the first three months.

This card also offers a 1.99% introductory interest rate on balance transfers for nine months. A 1% balance transfer fee does apply.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Annual fee for additional cards: $0
  • Earn 3% cash back on your first $500 in monthly grocery purchases.
  • Earn 1% cash back on your first $500 in recurring monthly bill payments.
  • Earn 0.5% unlimited cash back on all other purchases.

Save up to 25% off rental cars at participating National Car Rental and Alamo Rent a Car locations. This card also provides shopping insurance, including an extended warranty and purchase protection.

Offer expiry date: December 6, 2022

14. Scotia Momentum® No-Fee VISA* Card

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$64
+ Annual rewards
$192
- Annual fee
$0
Total first year value
$256
Scotia Momentum® No-Fee VISA* Card

card image
Welcome bonus
$64
Scotia Cash Back Rewards
Annual rewards
$192
Scotia Cash Back Rewards
Annual fees:
$0
Interest rates:
19.99% on purchases • 22.99% on cash advances
A flexible no-fee cash back for everyday spending
Great starter credit card!
Details at a glance Collapse details
Welcome bonus
$64
Annual rewards
$192
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$64
+ Annual rewards
$192
- Annual fee
$0
Total first year value
$256
Annual fees:
$0
Interest rates:
19.99% on purchases
22.99% on cash advances
A flexible no-fee cash back for everyday spending
Great starter credit card!
Details at a glance Collapse details

The Scotia Momentum® No-Fee VISA* Card offers 5% cash back on up to $2,000 in total purchases for the first three months. Plus, get a 2.99% introductory interest rate on purchases and balance transfers for the first six months (after, 20.99% on purchases, 22.99% balance transfers). Conditions apply.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Annual fee for additional cards: $0
  • Earn 1% cash back for every $1 spent on eligible gas, grocery, and drugstore purchases, as well as recurring bill payments.
  • Earn 0.5% cash back on all other eligible purchases.

Save up to 25% off base rates on rental cars at participating AVIS and Budget locations across the U.S. and Canada.

Offer expiry date: May 1, 2022

15. HSBC +Rewards™ Mastercard®

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$175
+ Annual rewards
$144
- Annual fee
$25
Total first year value
$294
HSBC +Rewards™ Mastercard®

card image
Welcome bonus
$175
HSBC Rewards Points
Annual rewards
$144
HSBC Rewards Points
Annual fees:
$25
Interest rates:
11.9% on purchases • 11.9% on cash advances
A rare low interest card that earns you rewards redeemable on travel or statement credits
Optional travel insurance available for an additional low annual fee
Details at a glance Collapse details
Welcome bonus
$175
Annual rewards
$144
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$175
+ Annual rewards
$144
- Annual fee
$25
Total first year value
$294
Annual fees:
$25
Interest rates:
11.9% on purchases
11.90% on cash advances
A rare low interest card that earns you rewards redeemable on travel or statement credits
Optional travel insurance available for an additional low annual fee
Details at a glance Collapse details

The HSBC +Rewards™ Mastercard® offers 30,000 points when you spend at least $2,000 in the first 180 days (about six months). Earn an additional 5,000 points when you apply online. Plus, HSBC will rebate the annual fee for the primary cardholder for the first year.

Regular features and benefits of this card include:

  • Annual fee: $25
  • Annual fee for additional cards: $10
  • Earn two points for every $1 spent on eligible dining and entertainment purchases.
  • Earn one point for every $1 spent on all other purchases.

This card offers a rare price protection service. If you find a lower price for an eligible item you have purchased, HSBC will refund the difference up to $500 (a maximum of $1,000 per account).

Offer expiry date: October 31, 2022

Rates, product information and reward estimates are subject to change at any time and do not constitute financial advice. This post was not sponsored. RATESDOTCA may receive a referral fee from our partners or affiliate links featured on the site; however, our editorial choices are objective and free from bias. The opinions expressed in this article are purely those of RATESDOTCA; thus, the credit card issuers and partners are not responsible for any editorials or reviews that may appear. Please visit the associated brand’s website for complete and current terms and conditions on any product or service mentioned. The information in this article is accurate as of the date of this posting, April 1, 2022. Read our full disclaimer.

Hayley Vesh

Hayley Vesh is an editor/writer at RATESDOTCA. Her work has also appeared in Global News. In her spare time, Hayley can be found wandering in the woods, hunting for second-hand treasures, or curled up with a steeped tea and a good podcast.

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