The best balance transfer credit card in Canada is the CIBC Select Visa Card, which offers a 0% introductory balance transfer rate and a low ongoing interest rate for Canadians looking to pay down debt. It allows you to transfer a balance of $100 or more and pay 0% interest for up to 10 months with a low transfer fee, making it a cost-effective way to consolidate credit card debt. After the promotional period, its relatively low standard interest rate helps keep borrowing costs manageable.

The credit card in Canada with one of the best welcome bonuses right now is the TD Aeroplan Visa Infinite, which regularly offers a high-value introductory bonus for new cardholders who meet the spending requirements. Aeroplan cards tend to deliver some of the most competitive welcome offers in Canada, especially for travellers who can make use of flight rewards and travel benefits.

That said, welcome bonuses change often, and the “best” offer can shift throughout the year. To find the strongest current promotions, it’s worth comparing cards based on total bonus value, required spending, and how well the card’s long-term rewards and fees fit your lifestyle. You can see the latest offers on Ratehub’s best credit card promotions page.

The best credit card to build credit in Canada is the Secured Neo Mastercard, thanks to its low $50 minimum security deposit, easy approval, and cash-back rewards—something most secured credit cards don’t offer. It’s a strong option for anyone looking to establish or rebuild their credit history while earning up to 1% back on gas and groceries and higher rewards at Neo partner retailers.