The 6 Best Credit Cards Of 2024 (In Canada)

🇨🇦 SIGNUP BONUSES 🇨🇦

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Looking for the best credit card in Canada, but not sure which card to get? In this video, I break down 6 of the best Canadian credit cards, including the American Express Cobalt Card, the TD Aeroplan Visa Infinite Card, the Scotia Gold American Express Card, the American Express Gold Rewards Card, the BMO CashBack World Elite Card, and the American Express Platinum Card. Then, I compare the cards side-by-side and give you my recommendations on which card to get as a Canadian in 2024.

[BloodFury_X]

For raw cashback this my setup:

1) TD Visa Infinite Cashback (3% gas, groceries, and reoccurring bills
2) Canadian Tire World Elite Mastercard (5 cents for every liter in savings on gas, roadside assistance, discount on oil changes)
3) Rogers World Elite Mastercard (2% on any purchase and 3% of any US purchase)

TD also has roadside assistance, but I found Canadian Tire to be better. I use TD for the mentioned categories, and if if I can't find Canadian Tire or Petro Canada gas stations. I use Rogers World Elite for pretty much everything else. Tbh, you could get away with just the TD and Rogers but I don't mind having all 3.

PS: I do not like travel points as it can vary in value. Cashback is cashback, no negative consequences. Also, Rogers master card is only 2% cashback for rogers or fido customers ( I have phone with Rogers), for rest it is 1.5%.

[djwitagat]

the platinum Amex:
my beefs:
- concierge isn't as glamorous as you say. all they really did for us was get us a glass of champagne - they could not get us into fully booked restaurants.
- the statement credit for resto and flying is pointless because you're pigeon holed into a few restaurants that are typically full and the statement credit is useless because you need to book through american express where the prices are always inflated.
- the lounges aren't worth it anymore because all the lounges are always where you cannot get a seat. maple leaf lounge access is far more worth it.

[VladimirGuillen]

Aeroplan Core cards (Infinite cards) do not have priority boarding or check in. Premium cards do (Privilege)

[investingtoast]

Loving the Amex Cobalt as well - I wish I had signed up early.

Just two tidbits:
1. Amex Cobalt is getting nerfed October 8, 2024 with travel getting decreased to 1x. Gas, transit and ride share rates are unchanged.

2. NEXUS is hiking up the cost from $50 USD to $140 USD on October 1, 2024.

[mcsun]

thank you jordan. I always had the scotiabank AMEX gold, but will be cancelling that after this year since i am getting the AMEX colbalt as that will be my daily. Will be getting the platinum next year.

[DefeatedVictory]

You don’t get four passes with the BMO cash back. You need to paid 32USD per access

[EPICWILDETAILING]

I have the Cobalt and TD VIP as my daily combo.

Also, 9:01 is only offered for the TD VIP not TD VI

[ngsvrvt]

23:15 I don’t think priority boarding and checkin is part of this card. It’s part of the VIP card

[newbiegain]

a very good credit, which card shud I buy? Im still liking cobalt, switch from my gold business amex.

[ericdouglas]

Costco isn’t a grocery store for bmo we cashback

[chrismitchell]

Why would any Canadian want an Amex card unless they do an extreme amount of traveling. They aren't accepted anywhere except for major travel destinations and airports.

[bfhorvath]

I need a leg up on how to use the Platinum concierge better. Got any pointers for me?

[Nnja]

Is the cobalt card still worth getting if you already have the BMOWE card?

[simonmatthew]

What do you recommend I spend 20k a year on fuel and around 50k annual spend. Currently have westjet card.

[stoneycreekstorm]

If you recieved the cobalt card welcome bonus can you still recieve the platinum card welcome bonus as well?

[AbztractPictures]

What about the RBC Avion Infinite Visa paired with the Cobalt for more flexibility compared to the TD Aeroplan?

Amex Cobalt
Amex Platinum
Amex Marriott Bonvoy
RBC Avion Infinite Visa

What do you think of this Credit Portfolio?