Having a good credit score means you qualify for credit cards with lower interest rates, generous rewards and bigger sign-up bonuses.
Having a good credit score is important in Canada because it indicates your creditworthiness to lenders if you ever need to secure additional credit. Not only does a good credit score make you more likely to be approved when you apply for a credit card, but it can also enable you to access premium credit cards with great perks.
What are the best credit cards for Canadians with good credit scores? Here are our top picks; and don't forget to check out our Best Credit Cards Canada list when you're done.
3 best good credit cards
CIBC Dividend Platinum® Visa* Card
Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $2,000†.
TD® Aeroplan® Visa Infinite* Card
Earn up to $1,300 in value† including up to 40,000 Aeroplan points† and no Annual Fee for the first year†. Conditions Apply.
American Express Cobalt® Card
Earn up to 15,000 Welcome Bonus Membership Rewards® points* – that’s up to $150 in value.
Best credit card for good credit
10% cash back
Welcome Bonus
$668
First Year Value
$369
Annual Value
Welcome Bonus: Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $2,000†.
Get this card if you...
-
want to earn cash back on everyday purchases
-
value a generous welcome offer
-
want additional perks such as travel insurance
Annual Fee & Annual Interest Rates
$99
Annual Fee
20.99%†
Purchase
22.99%†
Cash Advance
22.99%†
Balance Transfer
Our Take
The CIBC Dividend Platinum® Visa* Card is a cash back credit card that rewards cardholders for everyday purchases, particularly in categories like gas, EV charging, and groceries. It also offers additional benefits such as car rental savings and access to the CIBC Mobile Banking App for convenient account management.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
$15,000
Required Annual Household Income
Pros
-
Very impressive welcome offer
-
Elevated cash back rates (2-3%) in five everyday spending categories†
-
No limit in total cash back you can collect
-
The $15,000 minimum annual income requirement† is very low for a cash back card of this calibre
Cons
-
$99 annual fee may not be worthwhile for all consumers
-
The $20K annual spending limit for earning cash back at the accelerated 2-3% rates is lower than the limits offered by some competing cash back credit cards
Annual Interest Rates
20.99%†
Purchase
22.99%†
Cash Advance
22.99%†
Balance Transfer
25.99%†
Penalty
Fees
$99
Annual Fee
$2.5
Foreign Transaction
$29
Over The Limit Penalty
$42.5
Return Penalty
Rewards cash back
3%
cash back on eligible gas, EV charging, and grocery purchases.†
2%
cash back on eligible transportation, dining purchases and recurring payments†
1%
cash back on all other purchases†
$500,000
common carrier accident insurance
$65,000
MSRP for rental cars for up to 48 consecutive days
Insurance Benefits
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $2,000†.
Our Take
The CIBC Dividend Platinum® Visa* Card is a cash back credit card that rewards cardholders for everyday purchases, particularly in categories like gas, EV charging, and groceries. It also offers additional benefits such as car rental savings and access to the CIBC Mobile Banking App for convenient account management.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
$15,000
Required Annual Household Income
Pros
-
Very impressive welcome offer
-
Elevated cash back rates (2-3%) in five everyday spending categories†
-
No limit in total cash back you can collect
-
The $15,000 minimum annual income requirement† is very low for a cash back card of this calibre
Cons
-
$99 annual fee may not be worthwhile for all consumers
-
The $20K annual spending limit for earning cash back at the accelerated 2-3% rates is lower than the limits offered by some competing cash back credit cards
Annual Interest Rates
20.99%†
Purchase
22.99%†
Cash Advance
22.99%†
Balance Transfer
25.99%†
Penalty
Fees
$99
Annual Fee
$2.5
Foreign Transaction
$29
Over The Limit Penalty
$42.5
Return Penalty
Rewards cash back
3%
cash back on eligible gas, EV charging, and grocery purchases.†
2%
cash back on eligible transportation, dining purchases and recurring payments†
1%
cash back on all other purchases†
$500,000
common carrier accident insurance
$65,000
MSRP for rental cars for up to 48 consecutive days
Insurance Benefits
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $2,000†.
The CIBC Dividend Platinum® Visa* Card is a great option for those who want to bump up their everyday cash back rates, as its 33% cash back on eligible gas, electric vehicle charging, and groceries†. New cardholders can also take advantage of the CIBC Dividend Platinum’s welcome offer: Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $2,000†..
Though the card has a $99 annual fee, this is rebated for the first year†, and you can easily earn enough cash back in a given year to make up for the fee and then some. The interest rates are: 20.99%† Purchase Annual Interest Rate, 22.99% (non-Quebec residents†) Cash Advance Annual Interest Rate, and 22.99% (non-Quebec residents†) Balance Transfer Annual Interest Rate. We recommend the card to anyone who expects to spend at least $300 on gas, EV charging, and groceries each month, which will yield $108 in cash back over the course of a year. The card’s overall value is even more notable given its low minimum income requirement: applicants need to make only $15,000 or more annually.†
Disclosures:
This is a digital-exclusive offer.†
To be eligible for this offer:
1) this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and
2) you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you.†
This offer is reserved for you. Please do not forward it to anyone else.
CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Dividend card within the last 12 months.†
Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertising partners.
Best TD credit card for good credit
up to 40,000 pts†
Welcome Bonus
$436
First Year Value
$0
Annual Value
Welcome Bonus: Earn up to $1,300 in value† including up to 40,000 Aeroplan points† and no Annual Fee for the first year†. Conditions Apply.
Get this card if you...
-
want to quickly rack up Aeroplan points
-
need comprehensive travel insurance benefits
-
value a great welcome offer
Annual Fee & Annual Interest Rates
$139
Annual Fee
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Our Take
The TD® Aeroplan® Visa Infinite* Card is a travel rewards credit card designed for frequent Air Canada travelers, offering elevated Aeroplan points on eligible gas, grocery, travel, and dining purchases. Cardholders benefit from perks such as a NEXUS application fee rebate, a complimentary first checked bag for the primary cardholder and up to eight companions on Air Canada flights, and access to select airport lounges; however, the card carries an annual fee and requires a minimum personal or household income for eligibility.
Eligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
-
The card has a high earn rate for Aeroplan Points, generating 1.5 points† per $1 spent on eligible purchases.
-
Insurance offered includes coverage in the categories that travellers need, and is generally better than its Aeroplan peers at a similar annual fee level.
Cons
-
No airport lounge membership or free lounge access.
-
Aeroplan points can’t be redeemed for flights outside the Star Alliance network, nor can they be redeemed for cash credit. This makes them less flexible than some competing travel rewards programs.
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$139
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
Rewards Aeroplan
1.5 points†
for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®)
1 point†
Earn 1 point for every $1 you spend on all other purchases
2x
Earn points twice with Aeroplan partner brands and on the Aeroplan eStore.
50%
Earn 50% more Aeroplan points at Starbucks when you link your card to your account. Conditions apply.
1
partial NEXUS application fee rebate every 48 months†
1st
checked bag free for you and up to 8 travel companions†
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$2,500
Hotel burglary insurance
$65,000
Rental car insurance amount
Earn up to $1,300 in value†, including up to 40,000 Aeroplan points†, no annual fee for the first year† and additional travel benefits. Conditions Apply. Offer effective as of January 7, 2025.
Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Card†
Earn 15,000 Aeroplan points when you spend $7,500 within 180 days of Account opening†
Plus, earn a one-time anniversary bonus of 15,000 Aeroplan points when you spend $12,000 within 12 months of Account opening†
Enroll for NEXUS and once every 48 months get a partial application fee rebate†
Plus, share free first checked bags with up to 8 travel companions†
Get an annual fee rebate for the first year†.
To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while this offer is in effect.
Starbucks Bonus Offer for New Linked Members†: Link your TD Aeroplan Visa Infinite to earn 600 Starbucks Stars and redeem them for free Starbucks treats. Limited time only. Conditions and restrictions apply.
Our Take
The TD® Aeroplan® Visa Infinite* Card is a travel rewards credit card designed for frequent Air Canada travelers, offering elevated Aeroplan points on eligible gas, grocery, travel, and dining purchases. Cardholders benefit from perks such as a NEXUS application fee rebate, a complimentary first checked bag for the primary cardholder and up to eight companions on Air Canada flights, and access to select airport lounges; however, the card carries an annual fee and requires a minimum personal or household income for eligibility.
Eligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
-
The card has a high earn rate for Aeroplan Points, generating 1.5 points† per $1 spent on eligible purchases.
-
Insurance offered includes coverage in the categories that travellers need, and is generally better than its Aeroplan peers at a similar annual fee level.
Cons
-
No airport lounge membership or free lounge access.
-
Aeroplan points can’t be redeemed for flights outside the Star Alliance network, nor can they be redeemed for cash credit. This makes them less flexible than some competing travel rewards programs.
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$139
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
Rewards Aeroplan
1.5 points†
for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®)
1 point†
Earn 1 point for every $1 you spend on all other purchases
2x
Earn points twice with Aeroplan partner brands and on the Aeroplan eStore.
50%
Earn 50% more Aeroplan points at Starbucks when you link your card to your account. Conditions apply.
1
partial NEXUS application fee rebate every 48 months†
1st
checked bag free for you and up to 8 travel companions†
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$2,500
Hotel burglary insurance
$65,000
Rental car insurance amount
Earn up to $1,300 in value†, including up to 40,000 Aeroplan points†, no annual fee for the first year† and additional travel benefits. Conditions Apply. Offer effective as of January 7, 2025.
Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Card†
Earn 15,000 Aeroplan points when you spend $7,500 within 180 days of Account opening†
Plus, earn a one-time anniversary bonus of 15,000 Aeroplan points when you spend $12,000 within 12 months of Account opening†
Enroll for NEXUS and once every 48 months get a partial application fee rebate†
Plus, share free first checked bags with up to 8 travel companions†
Get an annual fee rebate for the first year†.
To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while this offer is in effect.
Starbucks Bonus Offer for New Linked Members†: Link your TD Aeroplan Visa Infinite to earn 600 Starbucks Stars and redeem them for free Starbucks treats. Limited time only. Conditions and restrictions apply.
If you’re looking for a credit card with a generous sign-up bonus, then the TD® Aeroplan® Visa Infinite* Card is the first option you should consider. Earn up to $1,300 in value† including up to 40,000 Aeroplan points† and no Annual Fee for the first year†. Conditions Apply.
You’ll earn1.5 Aeroplan points† on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®)† and 1 Aeroplan point on all other purchases† made with your card. Additional perks include travel insurance†, and discounts at participating Avis and Budget Rent-A-Car locations†.
Disclosures:
- The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the Apply Now button. Sponsored Content.†Terms and conditions apply.
Best Amex card for good credit
up to 15,000 points
Welcome Bonus
$679.02
First Year Value
$529.02
Annual Value
Welcome Bonus: Earn up to 15,000 Welcome Bonus Membership Rewards® points* – that’s up to $150 in value.
Get this card if you...
-
quickly rack up rewards on dining and grocery purchases
-
want a flexible rewards program with travel rewards
-
want access to exclusive events and robust travel insurance
Annual Fee & Annual Interest Rates
$155.88
Annual Fee
21.99%
Purchase
21.99%
Cash Advance
Our Take
The American Express Cobalt® Card is a versatile rewards credit card designed for individuals who frequently spend on dining, groceries and travel-related expenses. It offers flexible redemption options and includes various travel and purchase protections, making it a comprehensive choice for those seeking to maximize rewards on everyday spending.
Eligibility
Fair (300 - 619)
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Pros
-
High earn rates (up to 5% return on spending!)
-
Flexible month-by-month fee structure
-
Free supplementary cards
-
1:1 points transfer with selected hotels, airlines and frequent flyer programs
Cons
-
Accelerated earn rates only apply to purchases in Canada (not to purchases made abroad)
-
Amex has a more limited merchant acceptance rate than Visa and Mastercard
-
Slightly higher than average annual fee
Annual Interest Rates
21.99%
Purchase
21.99%
Cash Advance
28.99%
Penalty
Fees
$155.88
Annual Fee
$2.5
Foreign Transaction
$2.75
Cash Advance
$29
Over The Limit Penalty
$45
Return Penalty
Rewards Membership Rewards
5x
the points on eligible eats & drinks purchases in Canada
3x
the points on eligible streaming subscriptions in Canada
2x
the points on eligible gas, transit & ride share in Canada
1x
the points on everything else
1
additional Membership Rewards point for every $1 you charge on eligible hotel or car rental bookings made with American Express Travel
$100 USD
Get up to $100 USD hotel credit to use on amenities like dining, spa or other leisure facilities when charged to the room
Insurance Benefits
$1,000
Mobile device insurance amount
$5,000,000
Emergency medical insurance amount
$250,000
Travel accident insurance amount
$500
Hotel burglary insurance
$85,000
Rental car insurance amount
Earn up to 15,000 Membership Rewards® points* by earning 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 on your Card in your first year as a new Cardmember. This could add up to 15,000 points in a year.*
That’s up to $150 towards your next weekend getaway.
*Current or former Cardmembers with this Card are not eligible for this offer. Other terms apply.
Our Take
The American Express Cobalt® Card is a versatile rewards credit card designed for individuals who frequently spend on dining, groceries and travel-related expenses. It offers flexible redemption options and includes various travel and purchase protections, making it a comprehensive choice for those seeking to maximize rewards on everyday spending.
Eligibility
Fair (300 - 619)
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Pros
-
High earn rates (up to 5% return on spending!)
-
Flexible month-by-month fee structure
-
Free supplementary cards
-
1:1 points transfer with selected hotels, airlines and frequent flyer programs
Cons
-
Accelerated earn rates only apply to purchases in Canada (not to purchases made abroad)
-
Amex has a more limited merchant acceptance rate than Visa and Mastercard
-
Slightly higher than average annual fee
Annual Interest Rates
21.99%
Purchase
21.99%
Cash Advance
28.99%
Penalty
Fees
$155.88
Annual Fee
$2.5
Foreign Transaction
$2.75
Cash Advance
$29
Over The Limit Penalty
$45
Return Penalty
Rewards Membership Rewards
5x
the points on eligible eats & drinks purchases in Canada
3x
the points on eligible streaming subscriptions in Canada
2x
the points on eligible gas, transit & ride share in Canada
1x
the points on everything else
1
additional Membership Rewards point for every $1 you charge on eligible hotel or car rental bookings made with American Express Travel
$100 USD
Get up to $100 USD hotel credit to use on amenities like dining, spa or other leisure facilities when charged to the room
Insurance Benefits
$1,000
Mobile device insurance amount
$5,000,000
Emergency medical insurance amount
$250,000
Travel accident insurance amount
$500
Hotel burglary insurance
$85,000
Rental car insurance amount
Earn up to 15,000 Membership Rewards® points* by earning 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 on your Card in your first year as a new Cardmember. This could add up to 15,000 points in a year.*
That’s up to $150 towards your next weekend getaway.
*Current or former Cardmembers with this Card are not eligible for this offer. Other terms apply.
The fee to have the card is $155.88 ($$12.99/month), which is more of a subscription model and appeals to those who don’t like paying their annual fee in one lump sum. What really makes the card shine though is that it earns 5 points per $1 spent on eligible eats and drinks, including groceries and food deliveries. The travel category earns 2 points per $1 spent, which is also notable since public transportation and rideshare charges count as part of the category. You also earn 3 points for every $1 spent on eligible streaming subscriptions in Canada. All other purchases nab 1 point per dollar spent. Plus, earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online. American Express Membership Rewards Points can be redeemed toward the card’s statement balance, on gift cards, and for merchandise, but cardholders will get maximum value when redeeming points on travel.
Disclosures:
Contact American Express for the most up-to-date referral bonus figures.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.
Best BMO credit card for good credit
up to 90,000 points
Welcome Bonus
$671.6
First Year Value
$0
Annual Value
Welcome Bonus: Get up to 90,000 points and the annual fee waived on your first anniversary for both the primary cardholder and authorized users.* Expires Jun 01, 2025
Get this card if you...
-
are a high-earning globetrotter, looking for travel perks
-
value travel insurance, lounge access, and concierge services
-
appreciate a great welcome offer
Annual Fee & Annual Interest Rates
$150
Annual Fee
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Our Take
The BMO Ascend™ World Elite®* Mastercard®* is a premium travel rewards credit card with elevated earn rates on eligible travel, dining, entertainment, and recurring bill payments. Cardholders benefit from complimentary lounge membership, which includes complimentary passes, as well as comprehensive travel insurance coverage, making it a suitable option for frequent travelers seeking both rewards and travel-related perks.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
-
High-value welcome offer
-
Flexible airport lounge access
-
BMO Rewards points can be used to cover flight taxes and fees
-
Great for those who frequently rent cars
-
Good for Costco and No Frills shoppers
Cons
-
So-so earn rates relative to its annual fee
-
Points have low redemption value compared to other travel rewards programs
-
Charges foreign transaction fees
-
Relatively high minimum income requirements
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$150
Annual Fee
$2.5
Foreign Transaction
$29
Over The Limit Penalty
Rewards BMO Rewards
5x
Earn 5x the points for every $1 spent on eligible travel purchases*
3x
Earn 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments*
1x
Earn 1 point for every $1 spent everywhere else*
4
Complimentary membership in Mastercard Travel Pass provided by DragonPass, with 4 annual complimentary passes
Insurance Benefits
$5,000,000
Emergency medical insurance amount
$0
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
Get up to 90,000 points and the annual fee waived in the first year for both the primary cardholder and authorized users.
45,000 points when you spend $4,500 in the first 3 months, and 3,750 points for each subsequent month in which you make at least $2,500 in purchases on your card, for 12 months.
Offer expires June 1, 2025.
Our Take
The BMO Ascend™ World Elite®* Mastercard®* is a premium travel rewards credit card with elevated earn rates on eligible travel, dining, entertainment, and recurring bill payments. Cardholders benefit from complimentary lounge membership, which includes complimentary passes, as well as comprehensive travel insurance coverage, making it a suitable option for frequent travelers seeking both rewards and travel-related perks.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
-
High-value welcome offer
-
Flexible airport lounge access
-
BMO Rewards points can be used to cover flight taxes and fees
-
Great for those who frequently rent cars
-
Good for Costco and No Frills shoppers
Cons
-
So-so earn rates relative to its annual fee
-
Points have low redemption value compared to other travel rewards programs
-
Charges foreign transaction fees
-
Relatively high minimum income requirements
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$150
Annual Fee
$2.5
Foreign Transaction
$29
Over The Limit Penalty
Rewards BMO Rewards
5x
Earn 5x the points for every $1 spent on eligible travel purchases*
3x
Earn 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments*
1x
Earn 1 point for every $1 spent everywhere else*
4
Complimentary membership in Mastercard Travel Pass provided by DragonPass, with 4 annual complimentary passes
Insurance Benefits
$5,000,000
Emergency medical insurance amount
$0
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
Get up to 90,000 points and the annual fee waived in the first year for both the primary cardholder and authorized users.
45,000 points when you spend $4,500 in the first 3 months, and 3,750 points for each subsequent month in which you make at least $2,500 in purchases on your card, for 12 months.
Offer expires June 1, 2025.
Those looking for a solid all-around travel credit card should consider the BMO Ascend World Elite®* Mastercard®*. Get up to 90,000 points and the annual fee waived on your first anniversary for both the primary cardholder and authorized users.* Cardmembers also receive complimentary membership in Dragon Pass,* with 4 annual complimentary passes.
Additionally, cardholders will be covered with comprehensive travel insurance*. As for the earn rate, you’ll get 5x the points for every $1 spent on eligible travel purchases,* 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments,* 1 point for every $1 spent everywhere else.* Points can be redeemed toward travel through the BMO Rewards website, with one of the major benefits being that there are no blackout periods.
Disclosures:
*Terms and conditions apply.
BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
Best RBC credit card for good credit
up to 55,000 points
Welcome Bonus
$236
First Year Value
$0
Annual Value
Welcome Bonus: Get up to 55,000 Avion points* (a value of up to $1,100†). Expires Jun 03, 2025
Get this card if you...
-
want to earn Avion points on everyday purchases
-
value a generous welcome offer
-
need comprehensive travel insurance benefits
Annual Fee & Annual Interest Rates
$120
Annual Fee
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Our Take
The RBC Avion Visa Infinite Card is a flexible travel rewards credit card that allows cardholders to earn Avion points on everyday purchases, with additional benefits such as comprehensive travel insurance and access to exclusive events. It is well-suited for frequent travelers seeking a versatile rewards program and value-added perks.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
$60,000
Required Annual Personal Income
Pros
-
Rewards program is highly flexible, transferable, and includes a slew of non-travel-related reward options
-
Partnerships with other retailers like HBC and Petro-Canada
-
Provides excellent travel insurance
-
New cardholders earn up to 55,000 welcome Avion points on approval*
-
Solid option for looking for a travel-centric points program
Cons
-
The points-to-dollars ratio is only average and there are few opportunities for accelerated earning.
-
The $120 annual fee isn’t cheap
-
High annual income requirement: Personal: $60,000 or Household: $100,000
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
$2.5
Foreign Transaction
5.00%
Balance Transfer
Rewards Avion Elite
1
Earn 1 Avion point for every dollar you spend*.
25%
extra Avion points on eligible travel purchases
$1,500
mobile device insurance
3¢/L
savings on fuel at Petro-Canada and always earn 20% more Avion points
50
Be Well points for every $1 spent on eligible products at Rexall
20%
off at Hertz and earn 3x the Avion points
$0
delivery fees for 12 months from DoorDash
Insurance Benefits
$1,500
Mobile device insurance amount
$3
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$2,500
Hotel burglary insurance
$65,000
Rental car insurance amount
Get up to 55,000 Avion points* (a value of up to $1,100†), that’s enough to fly anywhere in North America or the Caribbean!
Get 35,000 Welcome Points on approval and 20,000 bonus points when you spend $5,000 in your first 6 months*. Apply by June 3, 2025.
Our Take
The RBC Avion Visa Infinite Card is a flexible travel rewards credit card that allows cardholders to earn Avion points on everyday purchases, with additional benefits such as comprehensive travel insurance and access to exclusive events. It is well-suited for frequent travelers seeking a versatile rewards program and value-added perks.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
$60,000
Required Annual Personal Income
Pros
-
Rewards program is highly flexible, transferable, and includes a slew of non-travel-related reward options
-
Partnerships with other retailers like HBC and Petro-Canada
-
Provides excellent travel insurance
-
New cardholders earn up to 55,000 welcome Avion points on approval*
-
Solid option for looking for a travel-centric points program
Cons
-
The points-to-dollars ratio is only average and there are few opportunities for accelerated earning.
-
The $120 annual fee isn’t cheap
-
High annual income requirement: Personal: $60,000 or Household: $100,000
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
$2.5
Foreign Transaction
5.00%
Balance Transfer
Rewards Avion Elite
1
Earn 1 Avion point for every dollar you spend*.
25%
extra Avion points on eligible travel purchases
$1,500
mobile device insurance
3¢/L
savings on fuel at Petro-Canada and always earn 20% more Avion points
50
Be Well points for every $1 spent on eligible products at Rexall
20%
off at Hertz and earn 3x the Avion points
$0
delivery fees for 12 months from DoorDash
Insurance Benefits
$1,500
Mobile device insurance amount
$3
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$2,500
Hotel burglary insurance
$65,000
Rental car insurance amount
Get up to 55,000 Avion points* (a value of up to $1,100†), that’s enough to fly anywhere in North America or the Caribbean!
Get 35,000 Welcome Points on approval and 20,000 bonus points when you spend $5,000 in your first 6 months*. Apply by June 3, 2025.
If you're someone with good credit looking for a versatile and rewarding credit card, the RBC Avion Visa Infinite card might be just what you need. With its $120 annual fee, this card offers a balance of cost and benefits that appeals to savvy spenders. The earn rate of the Avion program is particularly attractive: You'll earn 1 Avion point for every dollar you spend, which can quickly accumulate. This generous rate ensures that your everyday purchases translate into valuable rewards.
What makes the RBC Avion Visa Infinite card especially appealing is its impressive welcome bonus. For new cardholders, there's the potential to earn up to up to 55,000 points – a substantial head start in accumulating rewards. These points can be redeemed for more than just flights; they offer a variety of options, including merchandise and gift cards, adding flexibility to how you use your rewards. The Avion program stands out in the world of credit card rewards for its lack of blackout dates and seat restrictions, making it a top choice for travellers.
In essence, your good credit unlocks the door to a world of benefits with the RBC Avion Visa Infinite card. It's more than just a credit card; it's a portal to a rewarding lifestyle, with the Avion points system acting as a key to a wide range of rewards. The balance of the annual fee against the earn rate and welcome bonus makes this card a prudent choice for those who appreciate value and versatility in their financial tools.
Disclosures:
Refer to RBC page for up to date offer terms and conditions.
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Best Neo credit card for good credit
$0
First Year Value
$0
Annual Value
Annual Fee & Annual Interest Rates
$125
Annual Fee
19.99% - 26.99%
Purchase
22.99% - 28.99%
Cash Advance
Our Take
The Neo World Elite® Mastercard® is a premium cash back credit card offering elevated earn rates on categories such as groceries, gas, and recurring bills, with the potential for increased rewards through Neo's Premium service. Cardholders benefit from comprehensive insurance coverage, including auto rental collision and damage protection, emergency medical insurance, and extended warranty.
Eligibility
Good (620 - 670)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
-
World Elite Perks: Comprehensive insurance coverage through Mastercard
-
Approval Process: Quick approval and instant use of a virtual card
-
Lucrative rewards: Up to 7% cash back when adding Neo Premium
Cons
-
Top rewards cost more: Neo Premium is a $9.99 per month cost for the extra 2% back
-
Income requirements: High income requirements prevent many from accessing the card
Annual Interest Rates
19.99% - 26.99%
Purchase
22.99% - 28.99%
Cash Advance
Fees
$125
Annual Fee
Insurance Benefits
$1,000,000
Emergency medical insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
Our Take
The Neo World Elite® Mastercard® is a premium cash back credit card offering elevated earn rates on categories such as groceries, gas, and recurring bills, with the potential for increased rewards through Neo's Premium service. Cardholders benefit from comprehensive insurance coverage, including auto rental collision and damage protection, emergency medical insurance, and extended warranty.
Eligibility
Good (620 - 670)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
-
World Elite Perks: Comprehensive insurance coverage through Mastercard
-
Approval Process: Quick approval and instant use of a virtual card
-
Lucrative rewards: Up to 7% cash back when adding Neo Premium
Cons
-
Top rewards cost more: Neo Premium is a $9.99 per month cost for the extra 2% back
-
Income requirements: High income requirements prevent many from accessing the card
Annual Interest Rates
19.99% - 26.99%
Purchase
22.99% - 28.99%
Cash Advance
Fees
$125
Annual Fee
Insurance Benefits
$1,000,000
Emergency medical insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
The Neo World Elite® Mastercard is Neo's premium credit card, offering the biggest cash back rewards and best insurance protections. Cardholders earn 5% cashback on groceries,4% cashback on recurring, 3% cashback on gas and 1% cashback on everything else.
Additionally, the Neo World Elite Card comes with $1,000,000 in emergency medical insurance, plus trip interruption and cancellation protection, hotel burglary insurance and more.
Disclosures:
Terms and Conditions Apply
Minimum balance in a Neo Everyday account required to earn the highest rate. Cashback earn subject to monthly maximum spend limits. Cashback may be limited and varies by perks, offer, and partner. There may be monthly limits for boosted cashback offers.
Certain terms, conditions and exclusions apply. For more information, please refer to your benefits guide or contact Neo Financial™.
Best Tangerine card for good credit
$484
First Year Value
$0
Annual Value
Get this card if you...
-
want flexible cash back categories
-
want unlimited cash back
-
want to avoid paying an annual fee
Annual Fee & Annual Interest Rates
$0
Annual Fee
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
Our Take
The Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
-
No annual fee
-
Choose the spending categories where you want to earn the most cash back
-
Unlimited cash back—no maximum spending limit for any purchase category
-
Cash back is paid out monthly rather than annually
-
Periodically includes a special welcome offer where you can get extra cash back
-
1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
-
Regular cash back rates are still lower than what you can get from a card with an annual fee
-
Limited extra perks or benefits beyond the cash back and balance transfer promotion
-
Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
-
Tangerine does not have any physical bank branches
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
Our Take
The Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
-
No annual fee
-
Choose the spending categories where you want to earn the most cash back
-
Unlimited cash back—no maximum spending limit for any purchase category
-
Cash back is paid out monthly rather than annually
-
Periodically includes a special welcome offer where you can get extra cash back
-
1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
-
Regular cash back rates are still lower than what you can get from a card with an annual fee
-
Limited extra perks or benefits beyond the cash back and balance transfer promotion
-
Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
-
Tangerine does not have any physical bank branches
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
The Tangerine Money-Back Credit Card is a no-nonsense cash back card with $0 annual fee. The card earns 2% back on two categories of your choice (with categories including gas, dining, drugstores and pharmacies, entertainment and more) and 0.5% back on all other purchases.
With Tangerine it pays to bundle your bank accounts. How so? Get a Tangerine Savings account and add a third 2% cash back category. Now that's savings!
What is a good credit score?
In Canada, a good credit score typically falls within the range of 660 to 724. This range is considered fair to good and suggests that lenders will view you as a dependable borrower. If your score is between 725 and 759, it's considered very good, while scores from 760 and up are viewed as excellent. Higher scores can help you secure loans with more favourable terms, such as lower interest rates.
Pros and cons of increasing your credit limit?
Increasing your credit limit can be beneficial, but it also requires careful consideration. Here are some pros and cons
Pros
-
Improves Credit Utilization Ratio: A higher credit limit can lower your credit utilization ratio, which is the percentage of your credit limit you use. Lower utilization can positively affect your credit score, as long as you don't increase your spending.
-
More Financial Flexibility: A higher limit provides more cushion in case of emergencies or unexpected expenses.
-
Potential for Better Credit Offers: Demonstrating that you can handle a higher credit limit responsibly might lead to better offers from lenders, like higher limits or lower interest rates.
Cons
-
Temptation to Spend More: With a higher limit, there might be a temptation to spend more, which can lead to higher debt and potentially financial strain if not managed properly.
-
Potential Impact on Credit Score: When you request a higher limit, lenders may perform a hard inquiry on your credit report, which can temporarily lower your credit score.
-
Risk of Higher Debt: If not managed wisely, a higher credit limit can lead to accumulating more debt, which might become difficult to repay.
Is it good to have multiple credit cards?
Having multiple credit cards offers several benefits, including a better credit utilization ratio, which can enhance your credit score if you maintain low balances across the cards. Additionally, having more than one card provides backup options in case of loss or fraud and allows you to maximize different rewards and benefits that various cards offer, such as travel points and cash back.
However, there are challenges to consider. Managing multiple credit cards requires keeping track of different billing cycles, payment due dates, and staying on top of your spending to avoid accruing high debt. Furthermore, applying for several cards in a short period can lead to multiple hard inquiries on your credit report, which might temporarily reduce your credit score. The decision to have multiple cards should depend on your ability to manage them responsibly to avoid financial strain.
Summary of picks
| Best credit cards for good credit | Fast facts | Get started |
|---|---|---|
|
CIBC Dividend Platinum® Visa* Card
|
Annual fee: $99 (First-year annual fee rebate† -$30 each for up to 3 additional cards — first year rebated†)
Card type: Cash back |
Apply now |
|
TD® Aeroplan® Visa Infinite* Card
|
Annual fee: $139
Card type: Travel/Aeroplan |
Apply now |
|
American Express Cobalt® Card
|
Annual fee: $155.88($$12.99/month)
Card type: Rewards |
Apply now |
|
BMO Ascend World Elite®* Mastercard®*
|
Annual fee: $150
Card type: Travel |
Apply now |
|
RBC Avion Visa Infinite
|
Annual fee: $120
Card type: Travel |
Apply now |
FAQs about credit cards with good credit
Hannah Logan is a Canadian freelancer writer and blogger who specializes in personal finance and travel. You can follow her adventures on her travel blog EatSleepBreatheTravel.com or find her on Instagram @hannahlogan21.
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†Terms and Conditions apply.