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1.7
/5
Zolve
Mastercard
Zolve Classic Credit CardCash Back Calculator
Get 2x cashback (up to 8%) for the first 3 months
This credit card is NOT available for residents of Quebec.
Our Take
It's an excellent way to build credit in Canada when you lack a SIN or credit history. It offers some of the highest cashback rates available in Canada, comparable to many competitive cards. It's also the ONLY no annual fee credit card in Canada that offers 4% cashback on Groceries, without any spending caps (so far).
Card Details
Interest Rates
Purchase: 19.99% - 29.99%
Cash Advance: N/A
Balance Transfer: N/A
Annual Fees
Main Card: $0
Additional Cards: N/A
Welcome Bonus
- 8% cashback on Groceries for the first 3 months
- 4% cashback on Digital Wallet payments for the first 3 months
- 1% cashback on Other spends for the first 3 months
- These boosted cashback rates only apply for the first three (3) months following activation of an eligible Zolve Product, up to a total transaction value of $1,000.
- This offer is not available for residents of Quebec.
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
300⁎Poor
560⁎Fair
660⁎Good
725⁎Very Good
760⁎Excellent
Card Type
Credit
Our Rating
1.7/5
Institution
Zolve
How You Earn Rewards
- 4% cash back (unlimited) on eligible grocery purchases
- 2% cash back (unlimited) on Digital Wallet payments (Apple Pay, Google Pay, etc.)
- 0.5% cash back on all other eligible purchases
Insurance & Benefits
Insurance
Coverage
Purchase Protection
90 days
Extended Warranty
1 year
Benefits
Details
Mastercard Zero Liability Protection
Covers you for unauthorized transactions made with your card
Pros & Cons
Pros
- No annual fee
- Easy eligibility
- Immediate credit building
- Credit reporting
- High cashback rates
- Zero liability protection
Cons
- No travel insurance
- No upgrade opportunities
Legal
*Terms and conditions apply.
Zolve Canada Inc is a financial technology company, not a bank or lender. All Zolve credit cards are issued by BRIM Financial Inc, 4101 Yonge Street, Suite 506, Toronto, Ontario, M2P 1N6, Canada, pursuant to a license from Mastercard. Cards may be used everywhere Mastercard credit cards are accepted.
Refer to Zolve's website for the latest details on the product.