You may be confused about which credit card is right for you given the constantly changing market of options and credit cards! Here’s a list of the top credit cards in Canada for 2019 ๐ ๏ธ ๐ณ ๐จ๐ฆ ๐ ..
For 2019 the best credit cards in Canada for 2019 depend on your credit score and financial objectives!! Those with poor or no credit history should look into secured cards from Canadian Tire Financial Services First National Bank or MBNA; these require a security deposit but offer low interest rates with good approval chances ๐ฆ ๐ ๏ธ ๐ณ ๐จ๐ฆ ๐. Plus, these cards report your payment history directly to the credit bureaus so you can start building your credit right away .
For those with established credit and who are looking for a card with cashback rewards the American Expressยฎ Gold Rewards Card offers an excellent value ๏ธ ๐บ๐ธ ๐ช. It gives you 2 points per $1 spent on eligible purchases with no limit to the points you can earn ๐. You can redeem your points as a statement credit or as travel rewards ๏ธ. As an added bonus, youโll also get a welcome bonus of 25,000 points with your first purchase ๏ธ.
If youโre looking for a card with no annual fee and low interest rates the MBNA True Lineยฎ Mastercardยฎ is an excellent choice ๏ธ. This card has no annual fee and a low annual interest rate of 8 ๏ธ. 99% on purchases and balance transfers ๐. Plus, youโll get one of the lowest interest rates on cash advances with only 17 ๐ 1๏ธโฃ ๐ต. 99% . The MBNA True Lineยฎ Mastercardยฎ also offers a generous rewards program that lets you earn 1 point for every $1 spent on eligible purchases ๏ธ ๐.
BMO World Elite Mastercard (r) is a great option for those seeking an all-in-one card. This card offers convenience just like no foreign transaction fees and comprehensive travel insurance . It also gives elite access to Priority Pass(tm) an airport lounge membership and other benefits . A $250 annual travel credit will be added to each year ๏ธ. For every $1 you spend on other purchases, you’ll receive three times the rewards points 3๏ธโฃ ๐.
Finally, the Scotiabankยฎ Momentumยฎ Visa Infiniteยฎ card is an excellent choice for those looking for a card with a rewards rate thatโs out of this world ๏ธ ๐. This card gives you 4% cash back on gas groceries and recurring bill payments 2% cash back on drugstore purchases and transit purchases and 1% cash back on all other purchases ๐ ๐ต ๐. It also offers a complimentary membership to Priority Passโข airport lounges and travel insurance ๏ธ. Additionally youโll get an annual fee of $120 but itโs waived the first year .
In conclusion it’s important to compare a wide range of cards to find the one that best suits your needs so you can access rewards benefits and protections when making purchases 1๏ธโฃ ๏ธ. The best credit cards in Canada for 2019 vary depending on your financial goals and credit score ๐ณ ๐จ๐ฆ ๐. . .
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