First year value
$0
Get this card if you:
- want a no-annual fee card with some perks
- want a lower foreign transaction fees
- want flexible payment plans
Highlights
Interest Rates
19.99% - 24.99%
Purchase APR
19.99%
Balance transfer APR
21.5% - 24.99%
Cash advance APR
Eligibility
Good
Recommended credit score
Quick overview of the Brim Financial Mastercard
The Brim Financial Mastercard is a rewards credit card with no annual fee, offering Canadians an array of benefits, such as free Boingo Wi-Fi, lower foreign exchange (FX) fees and flexible payment options.
If you're thinking about getting the Brim Financial Mastercard, check out our comprehensive review to see if it meets your needs.
Who’s the Brim Financial Mastercard for?
The Brim Financial Mastercard is ideal for Canadians looking for a rewards credit card with flexible payment options, lower FX fees and added insurance perks — all without an annual fee.
If you travel often, this card can come in handy. You won’t rack up expenses compared to other no-fee cards because of the lower FX fee of only 1.5%. Plus, you can also always stay connected with free Boingo Wi-Fi, which gives you access to one million hotspots all around the world. Brim also has an app that lets you easily manage your credit card from anywhere. It allows you to add more cardholders or lock your card.
Pros and cons
Pros
-
No annual fee
-
Access Boingo wifi for free and stay always connected
-
Enjoy basic insurance coverage
-
Take advantage of flexible payment plans
-
Lower foreign exchange fee of only 1.5%
Cons
-
Low earn rates when compared to other no-fee cards
-
Poor customer service for card holders
How to earn rewards on the Brim Financial Mastercard
The rewards program is pretty straightforward for this card. You earn one reward point for every $2 dollar spent through your Brim Mastercard. Through Brim Open Rewards, you can see what Canadian retailers partner with Brim rewards and offer points promos, to help accelerate your earn rates. You can find all these promos on the Brim app.
How to redeem rewards with the Brim Financial Mastercard
You can easily redeem your Brim points during any transaction or as statement credit towards your balance, which can be done through the Brim Financial app.
Brim Financial Mastercard key benefits
- Free Boingo Wi-Fi: Enjoy free access to Boingo Wi-Fi hotspots at more than one million locations globally
- Flexible payments: Brim allows you to choose flexible payment options for purchases over $500. You can easily set up installments through the Brim app
Brim Financial Mastercard insurance coverage
Here are the insurance benefits you get with the Brim Mastercard:
- Travel accident insurance: Receive up to $300,000 in coverage for accidental death, dismemberment or severe injury that occurs during a trip
- Event ticket protection: Get up to $1,000 in coverage for event tickets. This ensures you’re covered if you need to cancel or are unable to attend an event for covered reasons
- Extended warranty: Enjoy an additional year of warranty coverage beyond the manufacturer’s warranty on eligible purchases
- Purchase protection: Coverage for up to 90 days from the purchase date, with protection up to $1,000 per incident
- Mobile device protection: Get up to $500 in coverage for your mobile device, including protection against loss, theft, accidental damage or mechanical issues
What people have to say about this card
I think Brim is running on a skeleton crew, the app doesn't work; app notifications haven't worked in over a year, and signing in doesn't work at times… Fortunately, if you never need customer service, the Brim card is still very usable; though I am on the free tier.
Reddit user KnownAway
According to the Reddit user, KnownAway, Brim Financial’s customer service is lacklustre. Its mobile application can be glitchy and the customer service team is not very responsive. This can prove to be highly frustrating for most customers.
How the Brim Financial Mastercard compares
5% cash back
Welcome Bonus
$271
First Year Value
$171
Annual Value
Welcome Bonus: Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases); Plus, get a 0% introductory interest rate on balance transfers for the first 6 months.
Get this card if you...
-
want to earn cash back with no annual fee
-
value a good welcome offer
-
don't need comprehensive insurance benefits
Annual Fee & Annual Interest Rates
$0
Annual Fee
19.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
-
Our Take
The Scotiabank Momentum® No-Fee Visa* Card is a no-annual-fee credit card offering cash back on everyday purchases, with elevated rates for spending at gas stations, grocery stores, drug stores, and on recurring bill payments. It also routinely comes with a generous welcome bonus.
Scotiabank Momentum® No-Fee Visa* Card ReviewEligibility
Fair (300 - 619)
Recommended Credit Score
-
Pros
-
No annual fee: The card does not charge an annual fee, making it cost-effective for users.
-
Cash back rewards: Offers 1% cash back on eligible gas, groceries, drugstore purchases and recurring bill payments.
-
Welcome bonus: There is a welcome bonus of 5% cash back on up to $2,000 in eligible purchases within the first three months.
-
Promotional balance Transfer Rate: A promotional 0% annual interest rate on balance transfers for the first six months (with a 2% balance transfer fee).
-
Rental car discounts: Cardholders can save up to 25% off base rates at participating AVIS and Budget locations in Canada and the U.S.
Cons
-
Limited insurance: No included insurance coverage, though optional insurance bundles are available for a fee.
-
Low base rewards rate: After exceeding the $25,000 spending cap, the cash back rewards drop to a base rate of 0.5%.
-
Rigid redemption process: Cash back is accumulated monthly but can only be redeemed once annually in November.
-
Balance transfer fee: There is a 2% balance transfer fee when utilizing the promotional balance transfer rate.
-
Foreign transaction fee: The card charges a 2.5% foreign transaction fee on purchases made in a foreign currency.
-
Limited perks: Compared to other no-fee cards, the Scotiabank Momentum No-Fee Visa Card offers fewer perks and lower reward rates.
-
-
Annual Interest Rates
19.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
0.00%
Balance Transfer (Introductory)
Fees
$0
Annual Fee
$2.5
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
-
Rewards cash back
1%
Cash back at gas stations, grocery stores, drugs stores, and on recurring payments.
0.5%
Cash back on all other eligible purchases.
25%
Off base rates at Avid and Budget locations in North America.
-
Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases); Plus, get a 0% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $0).
The 5% Cash Back and Introductory 0% Balance Transfer Rate Offer (the “Offer”) applies only to new Scotiabank Momentum No-Fee Visa credit card accounts (“Accounts”) that are opened by October 31, 2025 and is subject to the terms and conditions. All other terms and conditions of the Program Terms continue to apply during the Offer Period. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
Our Take
The Scotiabank Momentum® No-Fee Visa* Card is a no-annual-fee credit card offering cash back on everyday purchases, with elevated rates for spending at gas stations, grocery stores, drug stores, and on recurring bill payments. It also routinely comes with a generous welcome bonus.
Scotiabank Momentum® No-Fee Visa* Card ReviewEligibility
Fair (300 - 619)
Recommended Credit Score
Pros
-
No annual fee: The card does not charge an annual fee, making it cost-effective for users.
-
Cash back rewards: Offers 1% cash back on eligible gas, groceries, drugstore purchases and recurring bill payments.
-
Welcome bonus: There is a welcome bonus of 5% cash back on up to $2,000 in eligible purchases within the first three months.
-
Promotional balance Transfer Rate: A promotional 0% annual interest rate on balance transfers for the first six months (with a 2% balance transfer fee).
-
Rental car discounts: Cardholders can save up to 25% off base rates at participating AVIS and Budget locations in Canada and the U.S.
Cons
-
Limited insurance: No included insurance coverage, though optional insurance bundles are available for a fee.
-
Low base rewards rate: After exceeding the $25,000 spending cap, the cash back rewards drop to a base rate of 0.5%.
-
Rigid redemption process: Cash back is accumulated monthly but can only be redeemed once annually in November.
-
Balance transfer fee: There is a 2% balance transfer fee when utilizing the promotional balance transfer rate.
-
Foreign transaction fee: The card charges a 2.5% foreign transaction fee on purchases made in a foreign currency.
-
Limited perks: Compared to other no-fee cards, the Scotiabank Momentum No-Fee Visa Card offers fewer perks and lower reward rates.
Annual Interest Rates
19.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
0.00%
Balance Transfer (Introductory)
Fees
$0
Annual Fee
$2.5
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
Rewards cash back
1%
Cash back at gas stations, grocery stores, drugs stores, and on recurring payments.
0.5%
Cash back on all other eligible purchases.
25%
Off base rates at Avid and Budget locations in North America.
Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases); Plus, get a 0% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $0).
The 5% Cash Back and Introductory 0% Balance Transfer Rate Offer (the “Offer”) applies only to new Scotiabank Momentum No-Fee Visa credit card accounts (“Accounts”) that are opened by October 31, 2025 and is subject to the terms and conditions. All other terms and conditions of the Program Terms continue to apply during the Offer Period. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
$484
First Year Value
$384
Annual Value
Welcome Bonus: Get a bonus 10% cash back for the first 2 months – up to $100. Plus, a 1.95% promotional balance transfer interest rate for the first 6 months.
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.
Tangerine Money-Back Credit Card ReviewEligibility
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.
-
Get a bonus 10% cash back – up to $100. Applies to purchases in your first 2 months. Plus, a 1.95% promotional balance transfer interest rate for the first 6 months.
The Tangerine 10% Limited-time Promotional Offer (the “Offer”) is only available to new Tangerine Credit Card Account holders who (i) apply for a Tangerine World Credit Card (the “Account”) by January 31, 2025, (ii) activate their Account within 45 days of approval, and (iii) have up to a maximum of $1,000 in total Net Purchases posted to their Account within the 60-day period beginning on the date the Tangerine World Credit Card is activated. Limit of one Offer per eligible Client. This Offer is non-transferable. Offer may be changed, cancelled or extended at any time. All other Account terms, including the Tangerine Money-Back Rewards program terms, remain unchanged and continue to apply. See the Tangerine Credit Card Cardholder Agreement for more details, including definitions of any capitalized terms.
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.
Tangerine Money-Back Credit Card ReviewEligibility
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.
Get a bonus 10% cash back – up to $100. Applies to purchases in your first 2 months. Plus, a 1.95% promotional balance transfer interest rate for the first 6 months.
The Tangerine 10% Limited-time Promotional Offer (the “Offer”) is only available to new Tangerine Credit Card Account holders who (i) apply for a Tangerine World Credit Card (the “Account”) by January 31, 2025, (ii) activate their Account within 45 days of approval, and (iii) have up to a maximum of $1,000 in total Net Purchases posted to their Account within the 60-day period beginning on the date the Tangerine World Credit Card is activated. Limit of one Offer per eligible Client. This Offer is non-transferable. Offer may be changed, cancelled or extended at any time. All other Account terms, including the Tangerine Money-Back Rewards program terms, remain unchanged and continue to apply. See the Tangerine Credit Card Cardholder Agreement for more details, including definitions of any capitalized terms.
Brim Financial Mastercard vs. Walmart Rewards Mastercard
Here’s how the Brim Financial Mastercard compares to the Walmart Rewards Mastercard.
| Card | Brim Financial Mastercard | Walmart Rewards Mastercard |
|---|---|---|
| Annual fee | $0 | $0 |
| Rewards | Earn 1 Brim point for every $2 spent | Earn 1.25% in Reward Dollars on all Walmart purchases |
| Insurance coverage | Travel accident insurance, ticket protection, extended warranty, purchase protection, mobile device protection | Purchase assurance |
| Benefits | Free Boingo Wi-Fi, 1.5% foreign exchange fee, flexible payment plans | Access 24/7 Mastercard Global Services, finance purchases over $199.99 |
| Review | You’re reading it | Read our review |
Both of these credit cards come with no annual fee and, which one you should go for depends on your overall lifestyle and needs. If you frequently shop at Walmart, the Walmart Rewards Mastercard is a fantastic way to save money on all your purchases, as every Walmart Rewards dollar is equal to $1 in cash value. If you travel often, the insurance and additional perks (such as Boingo Wi-Fi) on the Brim Financial Mastercard will better suit your travel needs.
Brim Financial Mastercard eligibility criteria
To be eligible for the Brim Financial Mastercard, you must be a Canadian resident who is of legal age in your province or territory.
Is the Brim Financial Mastercard worth it?
If you’re not looking for the highest earn rate, the Brim Financial Mastercard can be a reasonable choice, as it comes with other notable benefits. Keep in mind that Brim Financial is known for having a not-so-stellar customer service team.
Don’t forget to check out the best no-annual fee credit cards in Canada before you make your decision.
Lubna Umar is an experienced writer in the field of personal finance, with over six years of expertise under her belt. Her portfolio features comprehensive guides on personal finance, mortgages, car insurance, and in-depth credit card reviews. Lubna has had the opportunity to work for several prominent brands in the finance sector, including RATESDOTCA, LowestRates, InsuranceHotline, and the Financial Post.
Explore the latest articles
Vancouver couple tore their house down to build 4
A couple turned their single-family home into four homes with separate mortgages and titles so that their children and elderly mother could each have their own place. Is this how we make housing more affordable?
Disclaimer
The content provided on Money.ca is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.
†Terms and Conditions apply.