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Best credit card welcome offers for February 2022
Table of Contents
No matter what the groundhog says, we at RATESDOTCA remain optimistic about an early spring — and finding you the right credit card.
Whether you have travel aspirations or want more savings in your pocket, you’re bound to find a great fit when you compare credit cards. And, if you haven’t done so in the past, you may be neglecting an excellent opportunity to earn more cash back or rewards.
Finding a card that matches your spending habits can help you maximize your rewards and access everyday benefits, such as concierge services, shopping coverage, and mobile device insurance.
Check out our extensive list of credit card welcome offers for February — and be sure to move quickly on them. Some of these promotions expire at the end of the month. It’s a short one, after all.
| Our top picks | ||
|---|---|---|
| Credit card | Welcome offer | Annual fee |
| $156 ($12.99 per month) | |
| $139 (First year rebated†) | |
| $250 | |
| $120 (First year waived) | |
| $120 | |
| $120 (First year waived) | |
| $120 (First year waived) | |
| $120 (First year waived) | |
| $119 | |
| 10. TD Cash Back Visa Infinite* Card |
| $120 (First year rebated†) |
| $149 (First year rebated) | |
| 12. Tangerine World Mastercard® |
| $0 |
| 13. MBNA Rewards Platinum Plus® Mastercard® |
| $0 |
| 14. SimplyCash™ Card from American Express |
| $0 |
† Terms and conditions apply.
1. American Express CobaltTM Credit Card
Apply for the American Express CobaltTM Credit Card and get up to 50,000 Membership Rewards® points in the first year. You can earn 2,500 points for each monthly billing period in which you spend at least $500 on the card. This could add up to 30,000 points. Earn another 20,000 points when you spend at least $3,000 in the first three months of opening the account.
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.
The American Express CobaltTM Credit Card allows you to redeem rewards for almost anything from merchandise to Amazon purchases and statement credits. This card also 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)
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2. TD® Aeroplan® Visa Infinite* Card
The TD® Aeroplan® Visa Infinite* Card offers up to 25,000 Aeroplan points and a bonus Buddy Pass. Earn 10,000 Aeroplan points when you make your first purchase using your card†. Earn an additional 15,000 points and a bonus Buddy Pass when you spend at least $1,000 in the first 90 days of opening the account†. (This offer is not available to residents of Quebec). Must apply by March 6, 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.
This card is chock-full of travel perks. 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: March 6, 2022
† Terms and conditions apply.
3. American Express® Gold Rewards Card
New members of the American Express® Gold Rewards Card can earn up to 60,000 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 an additional 10,000 points when you make a purchase between 14 and 17 months of membership.
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, car rentals, and more.
- 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.
This card features loads of exclusive extras. Receive a $100 annual travel credit to use toward any single travel booking of $100 or more charged to your card. Access more than 1,200 airport lounges globally with a Priority Pass and get four complimentary lounge visits to Plaza Premium Lounges annually. Plus, get a $50 statement credit when a NEXUS application or renewal fee is charged to the card.
Offer expiry date: N/A (Subject to change without notice)
4. Scotiabank®* Gold American Express® Card
Apply for the Scotiabank®* Gold American Express® Card to earn up to 40,000 bonus Scene+ points. Earn 20,000 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. Plus, pay no annual fee for the first year.
For a limited time, get a 0.00% introductory interest rate on balance transfers for the first six months (22.99% after that). A 1% balance transfer fee and conditions apply.
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.
This lifestyle card is a great travel companion. Pay no foreign transaction fees on purchases made abroad or at foreign merchants online. Cardholders can also access travel and shopping insurance, concierge services, and Scene+ Travel (a full-service travel agency).
Offer expiry date: February 28, 2022
5. RBC Avion® Visa Infinite Card
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, for a limited time, you can get a free 12-month DashPass subscription when you pay with your eligible card.
Offer expiry date: April 18, 2022
6. BMO eclipse Visa Infinite* Card
The BMO eclipse Visa Infinite* Card offers up to 60,000 points in the first year. Get 30,000 points when you spend at least $3,000 in the first three months and 2,500 points for each subsequent month in which you spend at least $2,000 on the card for 12 months. This could add up to 30,000 points. 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 five points for every $1 spent on dining in or dining out (restaurants or takeout), groceries, gas, and transit purchases (up to $50,000 spent annually).
- Earn one point for every $1 spent on all other purchases.
This card offers more ways to earn. Get 10% more points with an authorized user. That’s 5.5 points for every $1 spent in the accelerated categories and 1.1 points per dollar spent everywhere else. Plus, get a $50 annual lifestyle credit to use as you wish.
Offer expiry date: December 6, 2022
7. BMO CashBack World Elite* Mastercard*
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New members of the BMO CashBack World Elite* Mastercard* can 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 automobile and 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* is an excellent lifestyle card, offering handy perks like roadside assistance and concierge services, as well as little luxuries such as Mastercard Airport Experiences provided by LoungeKey.
Offer expiry date: December 6, 2022
8. Scotia Momentum® Visa Infinite* Card
The Scotia Momentum® Visa Infinite* Card offers 10% cash back on up to $2,000 in total purchases for the first three months. Plus, Scotiabank will waive the annual fee for primary and supplementary cards for the first year.
For a limited time, 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: $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.
This 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: February 28, 2022
9. WestJet RBC® World Elite Mastercard‡
Get up to 450 welcome WestJet dollars with the WestJet RBC® World Elite Mastercard‡. Earn 250 welcome WestJet dollars upon approval and an additional 200 welcome WestJet dollars when you spend at least $5,000 on your card within the first three months.
Regular features and benefits of this card include:
- Annual fee: $119
- Annual fee for additional cards: $59
- Earn 2% in WestJet dollars for every $1 spent on WestJet flights or WestJet Vacations packages.
- Earn 1.5% in WestJet dollars for every $1 spent on all other purchases.
Get instant fuel savings at Petro-Canada and earn 20% more Petro-Points when you link your card. Also, access free Boingo Wi-Fi for Mastercard and connect to more than one million hotspots worldwide.
Offer expiry date: N/A (Subject to change without notice)
10. TD Cash Back Visa Infinite* Card
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The TD Cash Back Visa Infinite* Card offers 10% cash back in your first three months, up to $2,000 in total purchases†. After that, earn up to 6% cash back on gas and grocery purchases, and pre-authorized payments in your first three months, up to $3,500†.
Plus, TD will rebate the annual fee for the primary cardholder and one additional cardholder for the first year†. (This offer is not available to residents of Quebec). Must apply online by September 5, 2022.
Regular features and benefits of this card include:
- Annual fee: $120
- Annual fee for additional cards: $50
- Earn 3% in Cash Back Dollars for every $1 spent on eligible grocery and gas purchases and regularly recurring bill payments.
- Earn 1% in Cash Back Dollars for every $1 spent on all other purchases.
Get a free Deluxe TD Auto Club Membership for emergency roadside assistance and auto rental collision/loss damage insurance, among other travel insurance coverage. Plus, access Visa Infinite benefits, including culinary experiences and concierge services.
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.
11. HSBC World Elite® Mastercard®
Apply for the HSBC World Elite® Mastercard® to earn up to 100,000 points ($500 travel value). Get a 20,000-point welcome bonus when you make your first purchase using the card. Earn an additional 50,000 points when you spend at least $6,000 in the first 180 days (about six months) and 10,000 points for adding your first authorized user. Receive another 20,000 points as an Anniversary Bonus.
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: $149
- Annual fee for additional cards: $50
- Earn six points for every $1 spent on eligible travel purchases.
- Earn three points for every $1 spent on all other purchases.
This card is excellent for the modern-day traveller. Get a $100 annual travel enhancement credit, travel insurance coverage, savings with Expedia and Agoda, and access to Mastercard Airport Experiences Provided by LoungeKey. Plus, pay no foreign transaction fees on foreign currency purchases — only the exchange rate applies.
A separate offer is available for residents of Quebec.
Offer expiry date: April 4, 2022
12. Tangerine World Mastercard®
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With the Tangerine World Mastercard®, you can get 10% cash back when you spend up to $1,000 in purchases within the first two months. 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 Money-Back Categories of your choice. Start with two categories and earn the third when depositing your rewards into a Tangerine Savings Account. Choose from the following 10 Money-Back Categories: grocery, furniture, restaurants, hotel-motel, gas, recurring bill payments, drugstore, home improvement, entertainment, and public transportation and parking.
- Earn 0.50% cash back on all other purchases.
Get free additional cards for authorized users, basic car rental insurance, and mobile device insurance with this card.
Offer expiry date: February 28, 2022
13. MBNA Rewards Platinum Plus® Mastercard®
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)
14. SimplyCash™ Card from American Express
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)
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, February 1, 2022. Read our full disclaimer.
Hayley Osmond, Freelance writer
Hayley Osmond is an editor and writer in the personal finance space, where she uses her eight years of media and marketing experience to bring content to life. She specializes in money products, including mortgages, home and auto insurance, and credit cards. Hayley holds a Broadcast Journalism diploma from Sheridan College and was awarded the Shaw Media Journalism and Media Award for graduating at the top of her class. Her work has appeared in Global News and diverse digital corporate training materials behind the scenes.
Hayley is passionate about making complex subjects, such as home buying and financial literacy, concise and intriguing. Her work has garnered media coverage from The Globe and Mail, blogTO, Yahoo! News, and CityNews 680 and has been syndicated across other publications.
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