Bank card comparability software
Evaluate Mastercard bank cards accessible in Canada utilizing our interactive software beneath. You may filter playing cards primarily based on rewards worth, annual charges, earnings necessities and extra.
The perfect Mastercard bank cards in Canada
Mastercard is likely one of the three main fee processing networks in Canada, together with Visa and American Categorical. And though Mastercard doesn’t problem its personal bank cards, it has partnered with card issuers like banks and different monetary establishments that do. So, you possibly can simply discover a Mastercard that caters to your wants, regardless in order for you journey factors, money again, low curiosity or perks. Let’s take a look at the best-of-the-best that Mastercard has to supply.
| Mastercard bank card | Highlights | Particulars | Eligibility necessities |
|---|---|---|---|
| FEATURED BMO CashBack World Elite Mastercard |
Award: Greatest money again Mastercard
Greatest characteristic: 5% money again on groceries and 4% again on transit |
Annual price: $120
Rewards: 1% to five% money again Rates of interest: 20.99% on purchases, 23.99% on money advances, 23.99% on steadiness transfers |
Revenue: $80,000 (private) or $150,000 (family)
Credit score rating: 760 or larger |
| FEATURED Tangerine Money-Back Credit Card |
Award: Greatest no-fee money again Mastercard
Greatest characteristic: 2% money again in as much as 3 classes of your alternative (together with groceries, gasoline and eating) |
Annual price: $0
Rewards: 0.5% to 2% money again Rates of interest: 20.95% on purchases, 22.95% on money advances, 22.95% on steadiness transfers |
Revenue: $12,000 (private or family)
Credit score rating: |
| FEATURED MBNA Rewards Platinum Plus Mastercard  GO TO SITE |
Award: Greatest journey rewards Mastercard
Greatest characteristic: Earn journey rewards for no annual price and obtain a pleasant birthday bonus perk yearly |
Annual price: $0
Rewards: 1 to 2 MBNA Rewards factors per greenback Rates of interest: 19.99% on purchases, 24.99% on money advances, 22.99% on steadiness transfers |
Revenue: None specified
Credit score rating: |
| FEATURED MBNA True Line Gold Mastercard |
Award: Greatest low-interest Mastercard
Greatest characteristic: 10.99% buy rate of interest |
Annual price: $39
Rewards: None Rates of interest: 10.99% on purchases, 24.99% on money advances, 13.99% on steadiness transfers |
Revenue: None specified
Credit score rating: 660 or larger |
| FEATURED MBNA True Line Mastercard |
Award: Greatest steadiness switch bank card
Greatest characteristic: 0% promotional rate of interest for 12 months |
Annual price: $0
Rewards: None Rates of interest: 10.99% on purchases, 24.99% on money advances, 13.99% on steadiness transfers |
Revenue: None specified
Credit score rating: 660 or larger |
| FEATURED PC World Elite Mastercard |
Award: Greatest retailer bank card
Greatest characteristic: Highest price of return at one of many largest retail networks within the nation |
Annual price: $0
Rewards: 10 to 45 PC Optimum factors per greenback Rates of interest: 21.99% on purchases, 21.97% on money advances, % on steadiness transfers |
Revenue: $80,000 (private) or $150,000 (family)
Credit score rating: 560 or larger |
| FEATURED Rogers Red World Elite Mastercard |
Award: Greatest bank card for Costco
Greatest characteristic: Your highest earn price on the warehouse retailer |
Annual price: $0
Rewards: 1% to three% money again Rates of interest: 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
Revenue: $80,000 (private)
Credit score rating: 725 or larger |
How we choose the perfect Mastercard bank cards
MoneySense editors begin by developing with an inventory of the best overall credit cards in Canada. If the highest card in Canada for a given class is a Mastercard, we could select to incorporate it on this web page. And if our high choose is a Visa or American Express card, then we glance to the next-best card, and so forth, till we discover the perfect Mastercard bank card for every class on this listing. Since every class is exclusive, we use totally different choice standards every time. The addition of hyperlinks from affiliate companions has no bearing on the outcomes. Learn extra about our selection process and about how MoneySense makes money.
Greatest money again Mastercard
At a look: The BMO CashBack World Elite Mastercard reserves its finest bonus charges for in style classes like groceries, transit and gasoline. That stated, this isn’t a card for large spenders. Because of the modest month-to-month spending caps, this card will work finest for individuals who want a stable earner on reasonable spending. Among the many perks is free roadside help—an uncommon profit.
Execs
- Excessive earn price on main classes: Get the very best money again price for groceries within the nation, together with accelerated charges in classes like gasoline, transit and recurring payments.
- Free roadside help: This uncommon perk will turn out to be useful must you want a tow, a battery increase or assist altering a flat.
- Simple redemptions: Get your money again everytime you need, with a minimal of $1 earned.
Cons
- Incomes caps: The boosted charges are restrictive for a premium card, capped on the first $300 or $500 spent month-to-month, relying on the class. With a card just like the Scotia Momentum Visa Infinite, for instance, your spending cap could be as excessive as the primary $25,000 yearly (greater than $2,000 per thirty days).
- Journey insurance coverage protection interval: You’ll solely be insured for as much as eight days.
- Excessive earnings requirement: This card could also be out of attain for a lot of Canadians.
Greatest no-fee money again Mastercard
At a look: Flexibility is the secret with the no-fee Tangerine Cash-Again Credit score Card. You may earn 2% money again in as much as three spending classes, chosen by you primarily based in your spending habits. And you’ll change your classes on-line.
featured
Tangerine Cash-Again Credit score Card
Annual price: $0
Welcome supply: Earn an additional 10% money again throughout the first two months (as much as $100 in money again).
Card particulars
| Rates of interest | 20.95% on purchases, 22.95% on money advances and 22.95% on steadiness transfers |
| Revenue required | Private or family earnings of $12,000 |
| Credit score rating | 660 or larger |
Greatest journey rewards Mastercard
At a look: The MBNA Rewards Platinum Plus Mastercard will attraction to these on the lookout for a method to earn factors that can be utilized for journey, with out having to pay an annual price. Plus, the distinctive birthday bonus perk returns 10% of your annual earnings in factors.
featured
MBNA Rewards Platinum Plus Mastercard
Annual price: $0
Welcome supply: earn 10,000 bonus factors ($50 in money again worth). Plus, get 4 factors per $1 spent on eligible restaurant, grocery, digital media, membership and family utility purchases throughout the first 90 days. (Not accessible for residents of Quebec.)
Card particulars
| Rates of interest | 19.99% on purchases, 24.99% on money advances, 22.99% on steadiness transfers |
| Revenue required | None specified |
| Credit score rating | 660 or larger |
| Level worth | 1 MBNA Rewards level = $0.01 when redeemed for journey. |
Greatest low-interest Mastercard
At a look: If you should pay down debt, the MBNA True Line Gold Mastercard has so much to supply, like a modest $39 annual price and one of many lowest rates of interest available on the market. There isn’t any annual earnings requirement, making it extraordinarily accessible.
featured
MBNA True Line Gold Mastercard
Annual price: $39
Low rate of interest: 10.99%
Welcome supply: This card doesn’t have a welcome supply at the moment.
Card particulars
| Rates of interest | 24.99% on money advances, 13.99% on steadiness transfers |
| Revenue required | None specified |
| Credit score rating | 660 or larger |
Greatest steadiness switch bank card
At a look: Should you’re on the lookout for a method to cut back the curiosity on present debt, the MBNA True Line Mastercard presents a 0% steadiness switch price for a full 12 months. Even on the common steadiness switch rate of interest of 17.99%, this card saves you on curiosity costs. There’s no annual price for you and as much as 9 further customers.
featured
MBNA True Line Mastercard
Annual price: $0
Low rate of interest: 12.99%
Stability switch supply: earn a 0% promotional annual rate of interest (“AIR”) for 12 months on steadiness transfers accomplished inside 90 days of account opening, with a 3% switch price. This supply shouldn’t be accessible for residents of Quebec.
Card particulars
| Rates of interest | 24.99% on money advances, 17.99% on steadiness transfers |
| Revenue required | None specified |
| Credit score rating | 660 or larger |
Greatest retailer bank card
At a look: The no-fee PC World Elite Mastercard means that you can rack up substantial factors within the ever-popular PC Optimum program. You’ll earn enormous level multipliers at Customers Drug Mart, Canada’s largest pharmacy, and at PC-affiliated shops, which have hundreds of areas throughout Canada.
Card particulars
| Rates of interest | 21.99% on purchases, 21.97% on money advances (21.97% for residents of Quebec), % on steadiness transfers |
| Revenue required | Private earnings of $80,000 or family earnings of $150,000 |
| Credit score rating | 560 or larger |
| Level worth | 10 PC factors = $0.01 at Loblaws grocery community and Customers Drug Mart. |
Greatest bank card for Costco
At a look: Though CIBC presents a Costco-branded Mastercard, it’s truly the Rogers Crimson World Elite Mastercard with 1.5% flat money again that will get you the perfect earn price on the warehouse big, each on-line and in-store. Rogers, Fido and Shaw clients earn an additional 0.5% again on all purchases. The potential for limitless money again and higher redemption flexibility is what provides this card an edge over the CIBC Costco Mastercard.
featured
Rogers Crimson World Elite Mastercard
Annual price: $0
Welcome supply: This card doesn’t have a welcome bonus at the moment.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Revenue required | $80,000 per 12 months |
| Credit score rating | 725 or larger |
Extra of Canada’s finest credit cards:
What does the * imply?
Affiliate (monetized) hyperlinks can generally end in a fee to MoneySense (owned by Ratehub Inc.), which helps our web site keep free to our customers. If a hyperlink has an asterisk (*) or is labelled as “Featured,” it’s an affiliate hyperlink. If a hyperlink is labelled as “Sponsored,” it’s a paid placement, which can or could not have an affiliate hyperlink. Our editorial content material won’t ever be influenced by these hyperlinks. We’re dedicated to taking a look at all accessible merchandise out there. The place a product ranks in our article, and whether or not or not it’s included within the first place, isn’t pushed by compensation. For extra particulars, learn our
MoneySense Monetization policy.
