RewardsMD – Best Credit Cards

American Express Cobalt^® Card

The American Express Cobalt® Card is the best credit card from American Express, whether you want points for travel or cash back.

The welcome bonus is distributed monthly for the first 12 months. You’ll earn 1,250 Membership Rewards points for every $750 in purchases charged to your card during the month (whether in the 1X, 2X, 3X or 5X category). That’s up to 15,000 Membership Rewards points.

You can easily use these points as statement credits for everyday or travel purchases. The value is the same for both: 1,000 points = $10.

Or you can transfer them into Aeroplan points, Avios (British Airways/Qatar Airways), Flying Blue, Marriott Bonvoy or Hilton Honors.

For example, with this welcome offer, if you decide to transfer your Membership Rewards points to a partner loyalty program, you would have the choice of earning up to:

• 15,000 Aeroplan points
• 15,000 Avios points
• 11,250 Flying Blue Miles
• 18,000 Marriott Bonvoy points

With the American Express Cobalt® Card, you can earn between 1 and 5 points per dollar:

This is a 1 to 5% return on all these purchases.

For example, if you spend $1,000 per month on groceries and/or restaurants and/or food delivery, you’ll earn $50 cash back per month, or $600 cash back per year with this card for this category of purchases!

And if you decide to transfer your points to other programs like Aeroplan, you could get even more value!

In addition, this card provides excellent insurance coverage: rental car theft and damage, baggage delay, lost or stolen baggage, flight delay, $250,000 travel accident, hotel or motel burglary, Mobile Device Insurance, Purchase Security, Purchase Protection Insurance.

Like all American Express Canada Cards, there is no minimum income requirement.

Scotiabank Passport™ Visa Infinite* Card

With this welcome offer for the Scotiabank Passport Visa Infinite Card, you’ll receive up to 40,000 Scene+ points in welcome bonus (a $400 value):

• 30,000 points after $2,000 in purchases in the first three months
• 10,000 points after $40,000 in purchases in the first year

Then, each year, if you make at least $40,000 in purchases on the card, you’ll earn an annual bonus of at least 10,000 points, a value of $100.

With the Scotiabank Passport Visa Infinite Card, you earn 3 points per dollar spent at Sobeys, IGA, Safeway, Foodland, FreshCo, Voilà by Sobeys, Voilà by IGA, Voilà by Safeway, and Chalo! FreshCo, Thrifty Foods, IGA West, Les Marchés Tradition, Rachelle Béry and Co-Op.

You’ll also earn 2 points for every dollar you spend, including on foreign purchases, in the following categories:

• Grocery shopping
• Restaurants
• Entertainment centers
• Transit

The Scotiabank Visa Infinite Passport is an excellent Visa credit card for this type of purchase.

These points can be used against any travel purchase at the rate of1,000 points = $10 (flights, hotels, all-inclusives and even Airbnb). You can also redeem your points for cash back at Scene+, for example, at your local grocery store checkout at the same rate of 1,000 points = $10.

The Scotiabank Visa Infinite Passport also offers :

• No fees for foreign currency transactions
• 6 access to VIP airport lounges
• Excellent insurance for your travels and purchases
• Concierge service

We voted this credit card the Best No FX Fee Credit Card of 2024 and 2025.

Marriott Bonvoy^® American Express^®* Card

The Marriott Bonvoy® American Express®* Card is the best credit card for free hotel nights.

With this welcome offer, you can earn 50,000 Marriott Bonvoy points by spending $1,500 in the first 3 months after joining.

It’s a Card we recommend keeping because each year at renewal, you get an Annual Free Night Award (for up to 35,000 points at hotels worldwide) and 15 Elite Night Credits per year, counting towards your Marriott Bonvoy Elite status.

With this Card, you earn 5 points per dollar on all purchases at Marriott Bonvoy properties and 2 points per dollar on all other purchases.

Finally, this Card comes with comprehensive insurance: baggage delay, lost or stolen baggage, $500,000 travel accident, flight delay, hotel or motel burglary, rental car theft and damage, Purchase Security, Purchase Protection.

Like all American Express Canada Cards, there is no minimum income requirement.

TD^® Aeroplan^® Visa Infinite* Card

With this offer for TD® Aeroplan® Visa Infinite* Card, you can earn up to 40,000 Aeroplan points^† and no annual fee for the first year:

• Get a Welcome Bonus of 10,000 Aeroplan points when you make your first purchase with your new card^†.
• Earn 15,000 Aeroplan points when you spend $7,500 within 180 days of account opening^†
• Plus, earn a one-time anniversary bonus of 15,000 Aeroplan points when you spend $12,000 within 12 months of Account opening^†
• Apply for the NEXUS program and, every 48 months, receive a rebate (up to C$100) on the application fee^†.
• Plus, share free first checked bags with up to 8 travel companions^†
• Get an annual fee rebate for the first year^†. To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while the offer is in effect.

It’s the best TD credit card for occasional Air Canada travellers. With the TD® Aeroplan® Visa Infinite* Card, you earn 1.5 points^† per dollar of eligible purchases for:

• Grocery stores
• Gas stations, including gasoline and EV charging
• Air Canada purchases, including Air Canada Vacations

TD^® Aeroplan^® Visa Infinite Privilege* Credit Card

With TD® Aeroplan® Visa Infinite Privilege* Credit Card, you can earn up to 85,000 Aeroplan points^†:

• 20,000 Aeroplan points when you make your first purchase with your new card^†
• 35,000 additional Aeroplan points when you spend $12,000 within 180 days of account opening^†
• Plus, earn a one-time anniversary bonus of 30,000 Aeroplan points when you spend $24,000 within 12 months of Account opening^†
• Apply for the NEXUS program membership and once every 48 months get an application fee rebate (up to $100 CAD)^†
• Access to Air Canada Maple Leaf lounges^†
• 6 annual visits to airport lounge members of the Visa Airport Companion^† Program hosted by Dragonpass International Ltd.
• Up to eight passengers travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lb) when your travel originates on an Air Canada flight^†

It’s the best TD credit card for Air Canada frequent flyers.

With the TD® Aeroplan® Visa Infinite Privilege* Credit Card, you earn 1.5 points^† for every $1 spent on:

• Grocery stores and restaurants
• Gas station, including fuel and EV charging
• Travel and public transit

And 2 points^† per dollar for Air Canada, including Air Canada Vacations. Everywhere else, you’ll get 1.25 points^† per dollar.