Credit Card Reviews by FinlyWealth’s Experts

Neo World Elite® Mastercard – Gas & Grocery Review

by Sara Skodak

The Neo World Elite® Mastercard – Gas & Grocery is truly one of the top Canadian credit cards, optimizing common purchases like groceries, gas, and recurring purchases.

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Rogers Red World Elite® Mastercard Review

by Sara Skodak

The Rogers Red World Elite® Mastercard is the upgraded version of the Rogers Red Mastercard. However, while the Rogers Red World Elite® Mastercard has better value, it's much more difficult to qualify for, given its high annual income requirements.

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SimplyCash™ Preferred Card from American Express Review

by Sara Skodak

With some of the highest cash back rates on popular spending categories, it's no wonder the SimplyCash Preferred Card is the "preferred" option of many Canadians.

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Tangerine Money-Back Mastercard Review

by Kevin Shahnazari

The Tangerine Money-Back Mastercard is an accessible and customizable cash back contender.

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Scotiabank Passport® Visa Infinite +* Card Review

by Sara Skodak

The Scotiabank Passport Visa Infinite + Card is Canada’s top travel card. It features no foreign transaction fees, 6 annual airport lounge passes, and comprehensive insurance. As a Visa card, it’s also accepted globally.

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American Express Cobalt Card Review

by Sara Skodak

The American Express Cobalt Card's accessibility and value make it one of the best rewards credit cards in Canada.

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American Express Platinum Card® Review

by Sara Skodak

This metal-plated card offers more perks than any other credit card in Canada. It’s perfect for frequent travellers and high-spenders who want to make the most out of multiple benefits.

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BMO VIPorter World Elite®* Mastercard®* Review: Earn Points to Fly on the Most Comfortable Economy Flights

by Sara Skodak

This is easily the best credit card in Canada for frequent Porter airline (and its partners) travelers. Earning 2x VIPorter points on common everyday purchases like groceries, dining and transportation is a massive benefit, allowing you to rack up points really fast and enjoy travel via Porter and it's airline partners. The premium benefits of this card make your travels smooth as you get priority security screening, early boarding and priority re-accommodation for flight delays, one complimentary checked bag, a carry-on bag with every fare type (including Basic), and complimentary PorterClassic seat selection.

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BMO VIPorter World Elite®* Mastercard®* Review: Earn Points to Fly on the Most Comfortable Economy Flights

by Sara Skodak

This is easily the best credit card in Canada for frequent Porter airline (and its partners) travelers. Earning 2x VIPorter points on common everyday purchases like groceries, dining and transportation is a massive benefit, allowing you to rack up points really fast and enjoy travel via Porter and it's airline partners. The premium benefits of this card make your travels smooth as you get priority security screening, early boarding and priority re-accommodation for flight delays, one complimentary checked bag, a carry-on bag with every fare type (including Basic), and complimentary PorterClassic seat selection.

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American Express® Aeroplan®* Reserve Card Review

by Kevin Shahnazari

With the American Express Aeroplan Reserve Card, even though you're paying more for a premium card, you’re investing in tons of comprehensive coverage and perks all whilst collecting Aeroplan points for your next trip. 

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TD Aeroplan® Visa Infinite* Card Review

by Sara Skodak

The TD® Aeroplan® Visa Infinite Card* is an excellent choice for frequent Air Canada travelers looking to maximize their rewards with Aeroplan points. With perks like free checked bags, Preferred Pricing, and a first-year fee rebate, it’s ideal for users who value Air Canada-specific benefits. However, the card’s high income requirement and limited non-Air Canada redemption options may not appeal to everyone.

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Neo Cathay World Elite® Mastercard® Review

by Kevin Shahnazari

The Cathay World Elite Mastercard is a top choice for frequent travelers to Asia, offering up to 35,000 bonus Asia Miles, high earn rates at Neo retail partners, and exclusive Cathay Pacific benefits like priority check-in and lounge access. With 12 types of insurance coverage, airport lounge access through DragonPass, and the ability to earn up to 15 miles per dollar spent at select partners, this card provides substantial value for those who regularly fly with Cathay Pacific and its partners. However, the card does require a higher income and comes with a $180 annual fee.

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Secured Neo World Elite® Mastercard – Gas & Grocery Review

by Sara Skodak

The Secured Neo World Elite Mastercard – Gas & Grocery is your go-to credit building tool that also optimizes common expenses.

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Secured Neo World Mastercard® – Gas & Grocery Review

by Sara Skodak

The Secured Neo World Mastercard – Gas & Grocery is an affordable credit building card that also optimizes common purchases.

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Neo Secured Mastercard® Review

by Kevin Shahnazari

The Neo Secured Mastercard is a leading secured credit card in Canada, notable for its rewards and accessibility.

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Capital One Guaranteed Secured Mastercard® Review

by FinlyWealth Team

Secured cards typically come with no rewards or benefits, even the ones with annual fees. This card has broken the norm and provides many great benefits to secured cardholders without any fees. So, if you are looking to get benefits with a secured card, this card is your best choice. The Capital One Guaranteed Secured Mastercard stands out as one of the better secured credit cards for building credit, particularly for those with limited or poor credit history. The card's biggest strength is its accessibility combined with genuine credit-building features at no annual cost, requiring only a $49-$200 refundable security deposit. What makes this card particularly valuable is Capital One's track record of automatically reviewing accounts for upgrades and credit increases after just six months, plus the "guaranteed" approval aspect that removes application uncertainty. However, this isn't a card for earning rewards or maximizing benefits - it's purely a credit-building tool with a high APR that makes it unsuitable for carrying balances.

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Students – BMO CashBack® Mastercard®* Review

by Sara Skodak

Recognized by FinlyWealth as the best student credit card in Canada, the Students – BMO CashBack Mastercard provides scholars with no annual fees, solid cash back, and valuable discounts.

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Neo Secured Mastercard® Review

by Kevin Shahnazari

The Neo Secured Mastercard is a leading secured credit card in Canada, notable for its rewards and accessibility.

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Tangerine Money-Back Mastercard Review

by Kevin Shahnazari

The Tangerine Money-Back Mastercard is an accessible and customizable cash back contender.

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Scotiabank Scene+ Visa Card Review

by Sara Skodak

While affordable, accessible, and flexible, the Scotiabank Scene+ Visa Card lacks the coverage and extra perks featured on competing no-fee contenders.

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MBNA True Line® Mastercard® Review

by Kevin Shahnazari

Voted the Best Balance Transfer Credit Card by FinlyWealth, the MBNA True Line offers a 0 percent introductory balance transfer rate, a feature that very few credit cards in Canada provide, along with a very competitive transfer fee. Beyond the promotional period, it continues to stand out with one of the lowest ongoing purchase interest rates in Canada. With no annual fee, this card is an excellent choice for Canadians looking to reduce interest costs.

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Scotiabank Value® Visa* Card Review

by Sara Skodak

The Scotiabank Value Visa Card blends an impressive balance transfer promotional offer with perks like Shell fuel savings.

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RBC Visa Classic Low Rate Option Review

by Sara Skodak

Conquer your credit card debt with the RBC Visa Classic Low Rate Option, one of the best balance transfer and low-interest credit cards in Canada.

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BMO Preferred Rate Mastercard®* Review

by Sara Skodak

The BMO Preferred Rate Mastercard®* has a long-lasting low interest promotional period, plus no annual fee in the first year.

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Scotiabank Passport® Visa Infinite Business* Card Review

by Sara Skodak

The Scotiabank Passport Visa Infinite Business Card is considered one of the best business credit cards in Canada on account of its valuable rewards, comprehensive coverage, and premium travel perks.

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Business Platinum Card® from American Express Review

by FinlyWealth Team

The most premium business card in Canada, and priced accordingly at $799/year. You get 1.25x Membership Rewards points on everything, a massive welcome bonus of up to 120,000 points, and a deep roster of perks: airport lounge access, hotel elite status, statement credits, and comprehensive insurance. The value proposition only works if you travel frequently and use the perks — the earn rate alone doesn’t justify the fee. But for businesses that fly often, entertain clients, and want best-in-class coverage, the benefits can far exceed the cost. Amex acceptance gaps in Canada remain a consideration.

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American Express® Business Gold Rewards Card Review

by FinlyWealth Team

The American Express® Business Gold Rewards Card is an excellent choice for business owners who also travel seeking an entry-level card that offers a strong balance of generous travel benefits without excessive costs. With a relatively low annual fee, this card provides flexibility and a range of perks that make it stand out among other options.

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Marriott Bonvoy® Business American Express® Card Review

by FinlyWealth Team

Built for businesses that book Marriott hotels regularly. You earn 5x Bonvoy points per dollar at Marriott properties, 3x on dining and gas, and 2x on everything else — the earn structure is strong across the board. The annual free night certificate (worth up to 35,000 points) can easily cover the $150 fee on its own, and Silver Elite status means room upgrades and late checkout. The main limitations: it’s an Amex, so acceptance can be spotty in Canada, and the points are most valuable within the Marriott ecosystem. If you don’t stay at Marriott properties, this card loses its edge.

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