Canada
US
Get rewards when you make purchases! Rewards credit cards get you incentives such as cash-back, loyalty points, travel rewards etc. Compare the best rewards credit cards in Canada.
Find Cards >>
Earn cashback as you shop! We help you compare the best cashback credit cards in Canada to find a cashback card you could use for travel, gas, groceries or every day shopping.
Find Cards >>
With many institutions providing no annual fee credit cards in Canada, some waive annual fees for the first year and charge low fees for subsequent years. Compare and find a no fee card now.
Find Cards >>
Are you looking for a Balance Transfer Credit Card? If you have a hefty balance on a credit card you could save money by transferring the balance by finding a card with a low balance transfer fee.
Find Cards >>
Credit Card
Top Credit Card Offers
Compare the best credit cards available in Canada. Below are some of our most popular cards being offered at this time. If you are shopping for a new credit card, compare based on annual fees, travel rewards, cash back etc. and know all your options to find the best credit card that suits your requirements.
Credit Cards Canada
Maximize your Credit Card Rewards, Cash Back and Points with CompareMyRates.ca
Credit card rewards are exciting; but how many benefits you receive depend on the choices you make. If you’re credit card savvy, you would know how to take advantage of special credit card promotions, cash back, and reward points and even double and triple your benefits.
If you don’t have a rewards credit card, you may wonder why this type of credit card is in such high demand. Those of you who have used credit card rewards earlier would know that they are practically ‘free money.’ Think about it this way. You are already going to be making a transaction using the card, so why not get a reward back from it?
Well, credit card rewards can be your ticket to something really exciting, but the question is how do you decide between an interesting cash back credit card or a credit card that offers travel rewards?
The answer shouldn’t be difficult to guess. You can compare the best credit cards in Canada before making a final decision. We can help you compare rewards offered by different credit cards and you can find the best deals for your personal credit card.
Here at CompareMyRates.ca, we have ranked the best Canadian credit cards depending on how much they help you earn. If you are looking for the smartest and most reliable way to maximize your credit card rewards potential, you’ve come to the right place.
Compare credit cards the smart way! Find the best credit card now and save
Everything you need to consider while comparing different types of credit cards is available right here. You can be rest assured because the information on our website is updated almost daily and you can use the comparison tools to choose a rewards program and manage your money wisely.
Once you start using our credit card comparison tools, you can see the different reward cards options that are available. Remember that if you choose the right kind of credit card, you can see the exciting rewards accumulate in your account and this will definitely make you feel proud of your efforts.
Chances are you won’t know about the rewards with credit cards, but with a comprehensive comparison, your decision making can get a lot easier.
But I carry a balance on my Card?
Well, there’s nothing to worry about. We can help you find the best credit card with low interest rates so you can keep pace with your payments in case you are unable to pay off your balance on the card from time to time. You can also use your cash back credit card to pay off a portion of your balance and this comes handy in an emergency situation.
Finding the best Canadian credit card to maximize your earning potential just got a whole lot easier & smarter with CompareMyRates.ca credit card comparison chart. Once you select your credit score and card type preference, we will help you find the best credit cards for your needs. Furthermore, once you pick the card you want, we’ll connect you to the credit card provider so you can apply for the card.
Why should I compare credit cards?
If you’re new to the world of credit cards, you have to know one thing. Not all cards are created equal and you have to compare cards in order to find one that best suits you needs. Also, what might be the best credit card for someone else, might not work for you.
Those of you looking to get new credit cards can look at features such as rewards to make the decision that’s right for you. On the other hand, if you feel that you cannot pay off your card balance each month, you can go for low interest credit cards. Take a look on the many different types of credit cards available with our comparison tool.
How does credit card interest work?
In case you are unable to make your payments by the due date, i.e. you fail to pay off the balance on your credit card every month, you will be charged interest on your entire balance. Let’s say you had a $100 balance on your card and repaid $99. $1 was left and you missed the due date. Even in this case, you will be charged interest on the entire balance, i.e. $100, not just on $1.
Generally interest rates for credit cards are in the range of 19.99% for purchases and if you don’t pay off your full balance, you’ll be hit by a penalty and high interest rates. Remember, you should only use plastic money for transactions if you know you can afford to make the full payment on time.
Why do some credit cards have an annual fee?
Some credit cards have annual fee attached to them – this is because you have to pay a certain amount to enjoy the privileges offered by the credit card and receive its rewards. Many cards have an annual fee ranging from $20 to $120, but some cards require you to pay as much as $399 to receive the rewards they offer.
Should I Get a Rewards Credit Card?
Of course, you should … only if you can manage to pay off the full balance of your credit card. On the other hand, you can maximize the benefits of your credit card by being a responsible user.
The good news is that you can even outweigh your card’s annual fees by spending enough money. If you don’t want to use your credit card often or you don’t want to take the advantage of card rewards, a reward credit card with annual fee might not be the best choice for you. In this case you can choose a credit card with no annual fee that still offers some rewards.
More Credit Card Guides
How to Redeem Credit Card Rewards?
How to Redeem Credit Card Rewards? The procedure for redeeming your rewards credit card varies according to the reward program and the issuing bank. However, the following steps are pretty much what you can expect: Step 1: Log in. In …
Read the full article
How do Credit Cards work?
How do Credit Cards work? A credit card allows you to spend money on credit depending on your card provider’s level of confidence that you’ll pay the money back. In Canada, credit cards are widely used when it comes to …
Read the full article
Credit Card Travel Medical Insurance
Credit Card Travel Medical Insurance Everyone wants to have a holiday vacation that’s free from any worries. However, there is something that can always go wrong, from losing your baggage and illness abroad to having a canceled trip. That explains …
Read the full article
Credit Card Trip Cancellation and Trip Interruption Insurance
Credit Card Travel Insurance – Trip Cancellation and Trip Interruption What happens when you’re forced to either cancel your vacation or cut it short because of severe weather, sickness or any other reason? We are always faced with different emergency …
Read the full article
Credit Card Car Collision & Damage Insurance
How to Use the Collision & Damage Insurance Offered by Your Credit Card Vehicle renters are always faced with the question of whether or not they should pay for the collision damage waiver (CDW) offered by the rental company. If …
Read the full article
Credit Card Application Guide
Guide to Credit Card Applications Most people focus on how credits cards work and how to use them responsibly but overlook the process of credit card application. In Canada, credit cards are applied on a daily basis and the application …
Read the full article
Credit Card Travel Insurance
Credit Card Travel Accident Insurance When planning for your vacation whether locally or to foreign countries, it is advisable to charge it to your credit card. You need also to ensure that your credit card has an insurance coverage feature …
Read the full article
A Guide to Credit Card Interest & Fees
Understanding How Credit Card Interest Fees Work Interest is likely to be the highest of all the different charges related to credit cards that you’ll ever pay. You can be subject to substantial interest charges if you use your card …
Read the full article
MBNA Platinum Plus MasterCard Review
MBNA Platinum Plus Credit Card It is not always that credit cards with an annual fee are customer favorites, and MBNA Platinum Plus MasterCard, in particular, is one exception. MBNA Platinum Plus MasterCard is a hit with customers who want to …
Read the full article
