Credit-Card-Guide.ca: Your guide to choosing the right credit card

No Annual Fee Cards

Many credit card companies offer basic cards that do not charge annual fees. However, when deciding which one is the best fit for you there are many factors to consider. The most important being the interest rate they charge and what premiums you get from the card.

   BMO Preferred Rate MasterCard

  • No annual fee
  • Free additional cards
  • 17.50% annual interest rate on purchases, cash advances and balance transfers
Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
17.5 %
$0
Unknown
No

   SmartLine Platinum™ MasterCard® with no annual fee

  • $0 annual Fee
  • Annual Interest rate of 5.99% on purchases and balance transfers
  • Add Reward Miles or 1% Cash Back for an annual fee of only $99
  • Not available to residents of QC, NT, NU, or YT.

Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
5.99%
$0
-
No

    CIBC Classic VISA* Card

  • No annual fee
  • 19.99% current regular annual interest rate
  • Free additional cards (limit 3)
  • Credit limit: $500 minimum
  • $15,000 minimum annual household income
  • Exclusive new CIBC CreditSmartTM features to manage your spending and protect you from fraud
Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.99%
$0
$15,000
No

   CIBC Platinum VISA* card

  • No annual fee
  • 19.5% current regular annual interest rate
  • Credit limit: $5000 minimum
  • Free additional cards (limit 3)
  • $35,000 minimum annual household income
  • Up to $50,000 credit limit
  • Exclusive new CIBC CreditSmartTM features to manage your spending and protect you from fraud
Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.5%
$0
$35,000
No

  Citi Bank MasterCard

  • No annual fee for all Citi Bank Cards
  • Worldwide Access to Cash
  • Citi Price Protection
  • 24 hour customer service
  • Depending on the card you choose interest rates can vary from 17.9%, 18.5%, or 19.90%
Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
See Above
$0
-
Maybe

  Desjardins Classic

  • No annual Fee
  • 19.4% interest rate, optional low interest rate of 11.8%
  • sign up for Desjarins Bonusdollars for $20 annual fee
  • free additional card
  • discounts up to 10% at Hertz worldwide
Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.4 %
$0
-
No

   Desjardins Elegance GOLD

  • no annual Fee
  • 19.9% variable interest rate, optional low interest rate of 12.8%
  • discounts up to 20% at Hertz worldwide
  • 3-Day Travel Insurance
  • Rewards program

Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.9%
$0
-
Yes

   RBC Visa Platinum

  • No annual fee
  • Credit limit of up to $50,000
  • 19.5% current regular annual interest rate
  • $1,000 ATM cash advance limit (up to available credit)
Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.5%
$0
-
No

  ScotiaGold VISA card

  • No annual fee
  • 19.5% current regular annual interest rate
  • Minimum Credit Limit $5000
  • Scotia® VISA Cheques - free of charge

Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.5%
$0
-
No

  Scotiabank No Fee Value VISA card

  • No annual fee
  • 13.9% interest rate
  • Minimum Credit Limit $1000
  • Scotia® VISA Cheques - free of charge
  • Up to 20% discount rates at Avis Car Rental

Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
13.9%
$0
-
No

   TD Gold Select Visa Card

  • No annual Fee
  • 19.75% current regular annual interest rate
  • Free Co-Applicant card (up to 3)
Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.75%
$0
-
No

   TD Green Visa Card

  • No annual Fee
  • 19.75% current regular annual interest rate
  • Free Co-Applicant card (up to 3)
  • Minimum credit limit $500
  • Cash Advances Up to $500
  • Credit Needed Fair Credit

Intro APR
Intro APR Period
Regular APR
Annual Fee
Minimum Income
Rewards
N/A
N/A
19.75%
$0
-
No

 

 

 

  Reward Credit Cards
Cash Back Credit Cards
Reward Credit Cards
Gas Cards
Travel Credit Cards
Everyday Credit Cards
Low Interest Credit Cards
No Annual Fee Credit Cards
Student Credit Cards
Secured Credit Cards

Other Credit Cards
Small Business Credit Cards
US Dollar Credit Cards
Store Credit Cards
Prepaid Credit Cards