Best Canadian Credit Cards for 2019

There are plenty of credit cards available in Canada with different features, rewards, and benefits.  Choosing the right credit can save hundreds of dollars every year.  Selection of best one for you depends on your financial needs and status like you are a businessman, student, salaried person, etc.

If we talk about the best Canadian credit cards for 2019, they are categorized according to customers’ requirements. Let’s discuss them one by one:

Best Business Credit Cards Canada

If you are a business owner and need additional funding for the expansion of your business, you can apply for a business credit card. That will also help you to build a credit score under your company name. Here are some of the best business credit cards in Canada:

1. Scotiabank GM Visa Business: Ideal for everyday business purchases. The card comes up with no annual fees and offers the opportunity to earn 5% GM earnings on the spending of first $10000 per year and 2% after that. Earning is valid for as long as you are holding the card.

2. TD Business Visa Card: Comes up with an annual fee of $50. Get up to 25% discount on business purchases with the Visa Savings Edge Program. You can save a minimum of 10% off the lowest available base rates in Canada and 5% internationally. TD business Visa card allows you to manage expenses with detailed management reports.

Best Student Credit Cards Canada

If you are a student and want to build your credit history then a student credit card is a perfect option for you. These credit cards have lower credit limits and special rewards for students. Here are some of the best student credit cards in Canada:

1. BMO SPC Cashback MasterCard: Comes up with no annual fee. BMO SPC Cashback MasterCard offers 5% cashback in the first 3 months and 1% cashback on all credit card purchases. You can get 10% to 15% of SPC discounts at your favorite stores.

2. CIBC Aventura Visa Card for Students: Comes up with no annual fee. You can get up to 5,000 bonus Aventura Points with this card. The card offers access to personalized travel booking and trip planning with no booking fee. Get 1 point for $1 spending at gas stations, grocery stores, travel purchased through the CIBC reward center, etc.

Best Travel Credit Cards Canada

Travel credit cards offer opportunities to earn rewards that you can redeem while going for a trip. You can get a good discount while flight ticket booking or hotel booking based on the type of your credit card. Here are some of the best travel credit cards in Canada:

1. TD First Class Travel Visa Infinite Card: This card comes up with $120 annual fees. You can redeem TD points for travel-related purchases. Opportunity to earn 3 TD on spending $1 purchase and 9 Td points for travel booking through Expedia for TD.

2. Marriott Bonvoy American Express Card: Comes up with a $120 annual fee. Marriott Offers 60000 Welcome Bonus points when you make a purchase of $1500 within the first 3 months of membership. Get an annual free night award on your card anniversary every year. You can earn 5 points for every $1 purchase at Marriott Bonvoy properties and 2 points on all other purchases.