Best of Finance Winners: The Best Credit Cards for 2020

• Cobalt Perks Program and AMEX ticket offers/exclusive access
• Enjoy access to hotel bookings, a room upgrade (when available), 12pm check-in and late check-out (when available), and up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel
• Mobile Device Insurance - $1,000
• Flight Delay - $500
• Access Front Of The Line® Amex Presale & Reserved Tickets to some of your favourite concerts and theatre performances and special offers and events curated for Cardmembers with Amex Experiences^TM

Welcome Offer:

• In your first year as a new Cobalt Cardmember, you can earn 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 in net purchases on your Card. This could add up to 15,000 points in a year. That’s up to $150 towards a weekend getaway or concert tickets

AMEX Rewards Points:

• 5x the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend caps apply
• 3x the points on eligible streaming subscriptions in Canada
• 2 points for every $1 spent on eligible transit & gas purchases in Canada
• 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
• 1x points for every $1 in card purchases everywhere else

• Personal Income: NA
• Household Income: NA
• Credit Score: Fair (<660)
• Canadian Resident
• Provincial Age of Majority

• Annual Birthday Bonus Points‡ equal to 10% of the total number of Points earned in the 12 months before the month of your birthday (maximum 10,000 Points)
• Mobile Device Insurance - $1,000
• Purchase Protection - 90 days
• Extended Warranty - 1 Year
• Discounts at Avis Rent A Car and Budget Rent A Car locations

Welcome Offer:

• 5,000 bonus points†† ($25 in cash back value) after you make $500 or more in eligible purchases within the first 90 days of your account opening. Plus, 5,000 bonus points††($25 in cash back value) once enrolled for paperless e-statements within the first 90 days of account opening
• 4 points†† for every $1 spent on eligible restaurant, grocery, digital media, membership and household utility purchases during the first 90 days (until $10,000 is spent annually in the applicable category)

MBNA Rewards points:

• 2 points‡ for every $1 spent on eligible restaurant, grocery, digital media, memberships and household utility purchases (up to $10,000 spend)
• 1 point‡ for every $1 spent on all other eligible purchases

• Credit Score: Good (660+)
• Canadian Resident excludes Quebec residents
• Provincial Age of Majority

• No foreign transaction fees - including online shopping
• Emergency Medical Term - 25 days
• Trip Cancellation - $1,500
• Trip Interruption - $1,500
• Amex Invites and reserved tickets access

Welcome Offer:

• Earn up to $950* in value in the first 12 months, including up to 45,000 bonus Scene+ points. . Offer ends January 2, 2025.

Scotia Scene+ points:

• 6 points for every $1 you spend 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
• 5 points for every $1 you spend at eligible grocery stores, dining and entertainment
• 3 points for every $1 you spend at eligible gas stations, daily transit, and select streaming services
• 1 point for every $1 you spend on all other eligible everyday purchases in any currency

See terms and conditions for further details click here.

• Personal Income: $12,000
• Household Income: NA
• Credit Score: Good (660+)
• Canadian Resident
• Provincial Age of Majority

• Travel Medical Insurance^† - 10 days (Over 65 - 4 Days)
• Emergency Road Services with Deluxe TD Auto Club membership^†
• Mobile Device^† - $1,000
• Delayed and Lost Baggage Insurance^† - $1,000
• Emergency Travel Assistance Services^†

Welcome Offer:

• Earn up to $500 in value^†, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500^†. Conditions apply. Account must be approved by January 6, 2025.

TD Cash Back Dollars:

• Earn 3% in Cash Back Dollars on eligible grocery Purchases and gas Purchases, and on regularly recurring bill payments set up on your Account^†
• Earn 1% in Cash Back Dollars on all other Purchases made with your Card^†

^†Terms and conditions apply

• Personal Income: $60,000
• Household Income: $100,000
• Credit Score: Good to Excellent
• Canadian Resident
• Provincial Age of Majority
• This offer is not available for residents of Quebec. For Quebec residents, please click here

• Purchase Protection - 90 days

• NA

• Personal Income: NA
• Household Income: NA
• Credit Score: No Credit
• Canadian Resident
• Provincial Age of Majority

• Cobalt Perks Program and AMEX ticket offers/exclusive access
• Enjoy access to hotel bookings, a room upgrade (when available), 12pm check-in and late check-out (when available), and up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel
• Mobile Device Insurance - $1,000
• Flight Delay - $500
• Access Front Of The Line® Amex Presale & Reserved Tickets to some of your favourite concerts and theatre performances and special offers and events curated for Cardmembers with Amex Experiences^TM

Welcome Offer:

• In your first year as a new Cobalt Cardmember, you can earn 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 in net purchases on your Card. This could add up to 15,000 points in a year. That’s up to $150 towards a weekend getaway or concert tickets

AMEX Rewards Points:

• 5x the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend caps apply
• 3x the points on eligible streaming subscriptions in Canada
• 2 points for every $1 spent on eligible transit & gas purchases in Canada
• 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
• 1x points for every $1 in card purchases everywhere else

• Personal Income: NA
• Household Income: NA
• Credit Score: Fair (<660)
• Canadian Resident
• Provincial Age of Majority

• Purchase Protection - 90 days
• Extended Warranty - 1 year
• Up to 25% off at National Car Rental and Alamo Rent A Car locations

Welcome Offer:

• Earn 5% cash back for your first 3 months (up to $2,000 in spending)

BMO Cash Back Rewards:

• 3% cash back earned on groceries

• 1% cash back on recurring bill payments

• 0.5% cash back earned on all other purchases

• Personal Income: $0
• Household Income: NA
• Credit Score: Good (600+)
• Canadian Resident
• Provincial Age of Majority

• No foreign transaction fees
• 6 Complimentary Airport Lounge Access
• Exclusive benefits for Visa Infinite Card holders
• Travel Emergency Medical Insurance
• Scotia Credit Card Protection

Welcome Offer:

• Earn up to $1,100+ in value in the first 12 months, including up to 35,000 bonus Scene+ points and first year annual fee waived on your first supplementary card. Offer ends January 2, 2025.

Scotia Scene+ Points:

• Earn 3x points on every $1 you spend 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
• Earn 2x points on every $1 you spend on eligible grocery stores, dining, entertainment purchases and daily transit purchases (including buses, subways, taxis and more)
• Earn 1 point on every $1 you spend on all other eligible everyday purchases

• Personal Income: $60,000
• Household Income: $100,000
• Credit Score: Excellent (740+)
• Canadian Resident
• Provincial Age of Majority

• No foreign transaction fees - including online shopping
• Emergency Medical Term - 25 days
• Trip Cancellation - $1,500
• Trip Interruption - $1,500
• Amex Invites and reserved tickets access

Welcome Offer:

• Earn up to $950* in value in the first 12 months, including up to 45,000 bonus Scene+ points. . Offer ends January 2, 2025.

Scotia Scene+ points:

• 6 points for every $1 you spend 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
• 5 points for every $1 you spend at eligible grocery stores, dining and entertainment
• 3 points for every $1 you spend at eligible gas stations, daily transit, and select streaming services
• 1 point for every $1 you spend on all other eligible everyday purchases in any currency

See terms and conditions for further details click here.

• Personal Income: $12,000
• Household Income: NA
• Credit Score: Good (660+)
• Canadian Resident
• Provincial Age of Majority

• Save up to 20% on National Car Rental and Alamo Rent A Car and up to 5% on Enterprise Rent-A-Car at locations worldwide using the Car Rental Booking tool./li>
• Purchase Protection - 90 days
• Extended Warranty - 1 year

Welcome Offer:

• Earn 5% cash back for your first 3 months (up to $2,500 in spending).  Plus, get a 0.99% introductory interest rate on Balance Transfers for 9 months, 2% fee applies to balance amounts transferred.*

BMO Cash Back Rewards:

• 3% cash back on groceries
• 1% cash back on recurring bill payments
• 0.5% cash back on all other purchases

• Personal Income: $15,000
• Credit Score: Good (660+)
• Canadian Resident
• Provincial Age of Majority

• Travel Medical - 10 days
• Purchase Protection - 90 days
• Extended Warranty - 1 year
• Rental Car Insurance
• 24/7 Concierge

Welcome Offer:

• 20,000 PC Optimum™ points after your first purchase

PC Optimum™ points:

• 30 points for every $1 spent participating grocery stores
• Up to 45 points for every $1 spent at Shoppers Drug Mart
• 30 points for every $1 spent on PC Mobile and PC Travel Purchases
• 10 points for every $1 spent on all other purchases

• Personal Income: $80,000
• Household Income: $150,000
• Credit Score: Fair (<660)
• Canadian Resident
• Provincial Age of Majority