Canada best credit cards
in December 2023

The NBC ECHO® Cashback card is best suited for individuals who do a lot of shopping online. You get the perk of an extended warranty that can make the manufacturers' warranty period extend up to 1 year.

The purchase interest rate rate for this card is 20.99%. The balance transfer and cash advance rate is 22.49%.

You can earn up to 1.5% cash back for online shopping, buying gas, and groceries. You also get 1% cashback for buying every other items. There is no minimum income to define eligibility. However, it is advised that you have yearly earnings of $15,000 before you apply. This amount does not apply to students. A credit score of up to 660 is necessary, in addition to being a Canadian citizen or permanent resident. You must have reached the age of majority in the province in which you live.

The CIBC Dividend Visa Card is a zero-fee card that has a cashback policy. It is accessible to individuals globally. The CIBC online banking and the CIBC mobile banking app help you access your cashback.

This card also protects against fraud. You can replace a card, report a stolen card, and activate a new one through their mobile app. You'll be eligible for cashback rewards of up to 2% on groceries and 1% cashback on other purchases. An interest rate of 20.99% and an annual balance transfer rate is 22.99% apply.

This card offers some insurance as there is extended warranty protection insurance for 1 year. In addition to the warranty, there is purchase protection insurance for 90 days. You can get credit report alerts and set up alerts through online banking when you exceed your spending limit. Eligibility is determined by an income of at least $15,000 per year and a credit score of about 670.

This card is suited for frequent travellers. It's even better for those who are not tied to a particular airline. It is also great for those who book travel often and want flexible redemption options.

There is a 1.5% earn rate for every $1 purchased, worth 3TD points. This card also gets you a 4.5% earn rate per $1 on purchases made when you use ExpediaForTD.com to book your travels, worth 9 TD points.

Get insurance cover of $1 million for the first 21 days of a trip. You'll be charged an interest rate of 19.99% on purchases and 22.99% for cash advances and balance transfers of 22.99% with this card. But you can get a 20% discount to access lounges across the world. Eligibility for this card is defined by personal income of $60,000 or household income of $100,000.

There are excellent cardholder perks like travel benefits. This benefit covers car rental loss and a collision damage waiver. You can earn up to a maximum annual referral bonus of $1,500 cash back for approved referrals. There is also a spending limit placed on each card.

This card has a foreign transaction fee of 2.7% and the interest rate varies between 14.49% - 21.49%. You get 5% cash back on spending up to $50,000 a year and 3% cash back on up to $50,000 in a year. Although, this is for a specified list of options. There is also a 1% cash back on all other spending.

You'll be limited in how much you can spend based on your assigned credit limit. The limit is adjusted gradually with the use of the card. Factors like payment history and credit records play a role.

This card is helpful for people who carry a balance through the month. It is also for those who want ways to pay down previous debt from other credit cards. This card offers a convenient payment plan for large purchases.

There is a standard annual interest rate of 8.99% on purchases. An 8.99% interest rate is available for balance transfers and to access cheques. Another 24.99% interest rate is applicable for cash advances.

You can use available credit on your credit card to transfer funds to your checking account. You can add up to 9 users with no additional fees necessary. There is no minimum income eligibility, although you need to be a Canadian citizen or resident. You should also be up to the age of majority in your residential province or territory. There is also a mobile app that can be used on the go. It is easy to navigate and the interface is friendly.

With the Loop Corporate Card spend in four currencies with one card and unlock real purchasing power with credit limits that scale with you.

This card is great for businesses who need to spend in Canadian Dollar, US Dollar, Euro, and GBP. You can make transactions in any of these currencies without extra foreign transaction fees. Plus your Loop account allows you to pay in the currency you spend, saving you on currency conversion.

Your credit limit on the card grows with you as you spend so you always have access to the funds you need. Plus with Loop you get 55 days free of interest instead of the standard 25.

Jeeves offers an all-in-one expense management platform serving 4,000+ clients in 25+ countries.

Empower your employees with the freedom to use their own corporate cards while earning up to 3% cashback and benefits.

Access capital in the currency of your choice in less than 24 hours. Flexible financing that works for you, on your terms.