Showing results for Canada
You are never going to get good rewards if you want one card and only spend $500/month. Answer from noronto on reddit.com
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Mastercard
mastercard.ca › en-ca › categories › no-annual-fee
No Annual Fee Credit Cards | Find a Credit Card
Now earn the highest cash back on groceries in Canada without paying an annual fee!✝ · Get cash back every time you spend, plus start building a healthy credit history · Best BMO CashBack Mastercard for Students · Want to get your cash back ASAP?
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Ratehub.ca
ratehub.ca › blog › best-no-fee-credit-cards-in-canada
Canada’s best no fee credit cards for 2026 | Ratehub.ca
5 days ago - A no annual fee credit card is a great option for students looking to apply for their first credit card. Our pick is the BMO CashBack Mastercard, which offers no annual fee as well as 5% cash back on all purchases for the first three months.
People also ask

What is the best no fee credit card for students?

A no annual fee credit card is a great option for students looking to apply for their first credit card. Our pick is the BMO CashBack Mastercard, which offers no annual fee as well as 5% cash back on all purchases for the first three months. Find more details in our overview. 

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ratehub.ca
ratehub.ca › blog › best-no-fee-credit-cards-in-canada
Canada’s best no fee credit cards for 2026 | Ratehub.ca
What is the best no fee cash back card?

Our pick for the best no fee cash back card is the Tangerine Money-Back Credit Card, thanks to its impressive cash back rate and flexibility. While other cash back cards may save you money in specific categories, only the Tangerine Money-Back Credit Card allows you to choose two categories from a variety of options, giving you more freedom to save in areas where you spend the most.

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ratehub.ca
ratehub.ca › blog › best-no-fee-credit-cards-in-canada
Canada’s best no fee credit cards for 2026 | Ratehub.ca
What are the benefits of a no fee credit card?

With a no fee card, you will often receive smaller rewards and perks, but won't have to pay an annual fee. If you’re on a strict budget, a student, or someone who doesn’t use their card frequently enough to justify paying an annual fee for high-end rewards and bonuses, a no fee credit card might be the right choice for you. As long as you use your card moderately and pay your bills on time, a no fee card is an excellent choice for a casual card user.

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ratehub.ca
ratehub.ca › blog › best-no-fee-credit-cards-in-canada
Canada’s best no fee credit cards for 2026 | Ratehub.ca
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NerdWallet
nerdwallet.com › back to nerdwallet homepage › credit cards › best no-fee cards in canada | january 2026
Best No-Fee Cards in Canada | January 2026 - NerdWallet Canada
2 weeks ago - And there may be something to that, as far as cash-back rewards are concerned. The Neo World Mastercard®* earns a respectable 2% back across the board for groceries, gas and recurring bill payments.
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Reddit
reddit.com › r/personalfinancecanada › best credit cards (with good cash back and no annual fee)
r/PersonalFinanceCanada on Reddit: Best credit cards (with good cash back and no annual fee)
April 24, 2025 -

Hi I am currently using CIBC credit card. they give me 2% on the groceries and 1% on gas (all selective).

I just want to know which is the best to go for which would provide me more cash back (without being selective vendors)
I heard wealthsimple but I dont know if it is a safe option considering the credit card provided by the main Banks
I also heard RBC, could you please guide me guys

Thank you in advance

Top answer
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Here are my cards to optimize cashback (Scotia Momentum IV is technically a card with a fee but you can get first year free to try out. But don't start it until December because they only pay the cashback on November statement and so you want to be able to cancel AFTER getting your cashback. Scotia Momentum IV: Mainly for the 4% cashback on recurring bills. We don't use it much for groceries because we mainly shop at Wal-Mart (close to our house) and Visa doesn't code Walmart as grocery. It's not worth it typically, except for the fact we use it with Chexy to pay big bills such as property and CRA taxes, monthly strata fees, and other utilities that normally don't accept credit card. These all code as 4% recurring bills. We get this card free with our Ultimate Package. Yes, I get the $6000 daily balance is "leaving money on the table", but we use other services such as bank drafts, safety deposit box, etc. that doesn't make it worth leaving. On that note, here is my Chexy referral link where we can both get $15 off a payment: https://app.chexy.co?ref=ITopARZItMMflfDxIM0cD95Ig4G3 BMO Cashback MasterCard (no annual fee): We use this solely to shop at Wal-Mart for the 3% cashback on groceries (it's just the two of us and we don't spend more than $500 a month on groceries). MasterCard codes WM Supercenter as grocery hence why we use it. Simplii VISA (no annual fee): For the first $5,000 annual spend on restaurants/bars/food delivery etc. for 4% cashback. We eat out alot so we typically do max this. Costco MasterCard (Costco membership fee): For the 3% cashback on restaurants after we max out our Simplii 4% annual spend. Amazon MBNA (no annual fee): Strictly for Amazon purchases to earn 2.5% as we are prime members. Rogers Red WE (no annual fee): For everything else to earn 2% cashback as we are Rogers customers. Currently am running down a $880 Rogers credit from trading in a phone, but will eventually charge my Rogers bill to this card for the 3% redemption rate. Lastly, for FX transactions, such as when travelling, we now have the Wealthsimple VISA for 2% cash back and 0 FX fees. Note, I'm sure folks can wrack up more value earning points instead of cashback for travel, such as through Amex Cobalt; however, I don't really want to fuss with points since my wife gets travel discounts anyway as she works in the industry. I'm strictly a cashback guy and this is the way I've best optimized that. Honourable Mention: Canadian Tire/Triangle MasterCard for paying for bills that normally don't accept credit. This has been obsoleted with my discovery of Chexy + Scotia Momentum IV though.
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Do you use Rogers? The Rogers Mastercard gives 3% back on everything if redeemed towards their bills.
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CIBC
cibc.com › en › personal-banking › credit-cards › no-annual-fee.html
Choose the Best CIBC No Annual Fee Credit Cards in Canada for You
Get the card that automatically ... access to services such as towing, battery boosting, gas delivery and much more ... Learn more about the CIBC Adapta Mastercard....
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Reddit
reddit.com › r/personalfinancecanada › good "catchall" no-fee credit card?
r/PersonalFinanceCanada on Reddit: Good "catchall" no-fee credit card?
September 25, 2025 -

Hello PFC!

So I'm in the market for a new credit card since Wealthsimple removed the 1% cashback from their prepaid MasterCard, my current daily driver. Would y'all be able to recommend a good alternative for me based on my situation? I'm a bit overwhelmed by the available options

Facts:

  • I prefer to have one "daily driver" card for everything and at most one other card for recurring payments, for ease of reconciliations (I'm willing to forgo "cardmaxxing" for this)

  • I would prefer a no-fee card but if the benefits vastly outweigh the costs, I might be open to it. I'd probably spend something like $500(?) a month, maybe?

  • With my credit union: currently have an empty CHQ/SAV and an MC which I use for subscriptions/recurring bills. MC is no-fee with 1% cashback on grocery, gas + sustainable transit, select recurring bills + digital streaming purchases and 0.5% cashback on everything else

  • With Simplii Financial: currently have an empty CHQ/SAV, have not yet applied for their Visa CC

  • Projected income will likely be somewhere between $55,000-$65,000/year starting January

  • Mobile phones are currently on Koodo but not tied to it (if the Rogers MC is a good option). I also currently have our "home" cell phone under Rogers in my name so I'm already considered a Rogers customer.

  • I don't plan to own a car for the next few years ideally (although I know how to drive), so unsure how useful the Triangle Rewards MC will be

  • I do plan to get a Costco membership shared with my brother when we move out later this year, so their MC could be an option although idk how we'll allocate points

  • Too poor to travel for now (╥﹏╥)

Thank you for your help! :)

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Scotiabank Canada
scotiabank.com › ca › en › personal › credit-cards › no-annual-fee.html
No Annual Fee Credit Cards | Scotiabank Canada
Start your applicationStart your application for the Momentum No-Fee Visa Card · Are you new to Canada in the past three years? Visit a branch to apply. Use our Branch Locator · Start your applicationfor the Scotiabank Momentun Mastercard credit card
Find elsewhere
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FinlyWealth
finlywealth.com › best-credit-cards › no-annual-fee-mastercard
Top 9 No-Fee Mastercards in Canada for December 2025 | FinlyWealth | FinlyWealth
November 22, 2025 - For the best no-fee Mastercard for stocking the fridge and covering the restaurant bill, consider the MBNA Rewards Platinum Plus Mastercard. This card earns you solid points per dollar spent on eligible restaurant and grocery purchases, plus ...
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Mastercard
mastercard.ca › en-ca › browse-all-cards
All Credit Cards | Find a Credit Card
All supplementary cards are offered at no annual fees for Desjardins members ... Then get 3% cash back on grocery purchases, 1% cash back on recurring bill payments and 0.5% unlimited cash back on all other purchases!* Now earn the highest cash back on groceries in Canada without paying an ...
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PC Financial
pcfinancial.ca › home › credit cards › pc® mastercard® - no annual fees
There's a no annual fee PC® Mastercard® for everyone
PC® World Elite® Mastercard®: Offers no annual fee, 4.5% back in points at Shoppers Drug Mart® stores5 and 3% back in points2 at participating grocery stores3. Plus, earn at least 3¢ / litre back in points on gas at Esso™ and Mobil™ stations in Canada4.
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BMO
bmo.com › credit cards › no annual fee credit cards
Credit Cards with No Annual Fees - BMO Canada
Explore BMO’s credit cards with no annual fee and earn BMO reward points, cash back or AIR MILES rewards. Choose the best no fee credit card for you and apply.
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National Bank
nbc.ca › mastercard credit cards › no fee
No Annual Fee Mastercard Credit Cards | National Bank
Take advantage of a no annual fee credit card with many free services! Find the Mastercard credit card that's right for you and apply online.
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Borrowell
borrowell.com › blog › best-no-fee-credit-cards-in-canada
Best No Fee Credit Cards in Canada for 2025 | Borrowell™
July 24, 2025 - Each card on our list has one or more standout features. ... The BMO Cashback Mastercard stands out for its 3% earning rate for grocery purchases, which is very high for a no fee credit card.
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FinlyWealth
finlywealth.com › best-credit-cards › best-no-annual-fee-mastercard-canada
Best No Annual Fee MasterCard Canada
September 13, 2025 - However, the Triangle World Elite Mastercard is the only free card in Canada that offers this benefit. The big catch is that it's hard to qualify for because it requires an excellent credit score and a Personal income of $80K/year or a household ...
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TD
td.com › ca › en › personal-banking › products › credit-cards › no-annual-fee
Apply Online for No Annual Fee Credit Cards in Canada | TD Canada Trust
You can compare welcome bonuses, annual fees, and ease of redemption while making the best choice to suit your needs. A TD Rewards Visa* Card or TD Cash Back Visa* Card might end up being the best no annual fee option depending on your individual requirements.
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Rates.ca
rates.ca › credit-cards › no-fees
2025's Best No-Fee Credit Cards in Canada
The Rogers Red World Elite® Mastercard® offers excellent cash back benefits, especially for Rogers, Fido, or Shaw customers. If you’re one of these customers, you can still earn up to $480 annually if you maintain a $2,000 monthly balance.
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MBNA Canada
mbna.ca › en
Offering both rewards credit cards with no annual fee as well as low interest credit card options | MBNA Canada
2024 RATESDOTCA best balance transfer credit card in Canada award · MBNA Rewards Platinum Plus® Mastercard® was recipient of: 2024 RATESDOTCA best no-fee travel credit card in Canada award. What's your question? Ask Us · Popular Questions · Sorry, we didn't find any results.