The best credit card is not the same for everyone, since we all have different needs. So you shouldn’t choose a credit card just to get a gift or points, or whatever. However, if you have a choice between two similar credit cards and one of them has a welcome offer worth hundreds of dollars, let the better offer win!

What is a Welcome Offer?

A Welcome Offer is a bonus offered for new credit card sign-ups, with the goal of attracting new customers. Welcome offers are often offered in a variety of forms, such as cash back, reward points or waiving the annual fee for the first year.  

Scotia Momentum® Visa Infinite* Card

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Momentum Visa Infinite Card - Scotiabank Canada

Pay no annual fee for the first year, including additional cards*.

  • Annual fee: $120
  • Interest rate on purchases: 19.99
  • Interest rate on cash advances: 22.99
Promotion: Get 10% back on all purchases (up to $2,000 in total purchases) for the first three months
Get this offer
*Condition Apply

The Scotia Momentum® Visa Infinite* Card has a limited-time welcome offer. You get 10% back on you up to $2,000 in purchases in the first three months. That translates to a maximum of $200 cash back. However, the offer is good until April 30, 2023. Do you know how many shopping holidays happen in the next 6 months? You see where I am going.

The Scotia Momentum® Visa Infinite* Card is, well, amazing. This card gives you 4% back on groceries and recurring bill payments. It gives 2% cash back on gas purchases and daily transit fares. Plus, you get 1% back on everything else. Scotia also waives the annual fee for the first year.

RBC ION Visa Credit Card

Annual fee: $0
Interest rate: 19.99%
Reward rate: 1.5x Avion points on every $1 spent on groceries, gas, and subscriptions
Welcome Offfer: 6,000 Avion points

The RBC ION Visa credit card offers exciting rewards. Cardholders earn 1.5 times the Avion points on groceries, transportation, gas and electric vehicle charging, and on streaming, games, digital subscriptions, eligible digital downloads and in-game purchases.

Plus, you’ll save $0.03 per liter on fuel at Petro-Canada and earn 20% more Petro-Canada Rewards points when you pay with a linked RBC card.

The welcome offer is a decent 6,000 Avion points. Offer ends January 31, 2023.

TD® Aeroplan® Visa Infinite* Card

Annual fee: $139
Interest rate: 20.99%
Reward rate: 1.5 Aeroplan points per dollar spent on groceries, gas and Air Canada purchases
Welcome Offer: first year fee waived and up to 50,000 Aeroplan Points.† Conditions apply. Application must be submitted by January 3, 2023.

The TD® Aeroplan® Visa Infinite* Card has a welcome offer of up to 50,000 points, available online only. A bonus of 10,000 Aeroplan Points is available with the TD Aeroplan Visa Infinite Card, provided you make your first purchase on the account within 3 months of opening it.

You receive an additional 20,000 Aeroplan Points for a total of $1,500 in purchases within 90 days of account opening. If you reach $7,500 in the first year, you receive an additional 20,000 Aeroplan points.

This offer also includes a first-year fee waiver of $139, a discount on the NEXUS membership fee, and a free first checked bag for you and up to 8 passengers. You must apply by January 3, 2023.

This card allows you to earn 1.5 Aeroplan Points for every dollar spent on gas, groceries and Air Canada purchases, and one Aeroplan Point for every dollar spent on all other categories.

†Conditions apply.

The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the “Apply Now” button.

TD® Aeroplan® Visa Platinum* Credit Card

Annual fee: $89
Interest rate: 20.99%
Reward rate: 1 Aeroplan point per dollar spent on groceries, gas and Air Canada purchases
Welcome Offer: First year fee waived and up to 20,000 Aeroplan Points. Conditions apply. Application must be submitted by January 3, 2023.

The TD® Aeroplan® Visa Platinum* Credit Card allows you to earn up to 20,000 Aeroplan Points under two main conditions.

The first is that you make your first purchase with this card to receive your 10,000 Aeroplan points, worth approximately $200. The second condition is that you receive an additional 10,000 Aeroplan points worth approximately $200 if you spend $1,000 within 90 days of joining. With the annual fee refund in the first year, this offer is worth up to $500. You must apply by January 3, 2023.

With this card, you earn one Aeroplan point per dollar spent on gas, groceries and Air Canada purchases. For all other purchases, the reward rate is one point per $1.50 spent. Aeroplan points can be redeemed for travel, merchandise, gift cards and experiences. Plus, you can earn 50% more Aeroplan points by linking your TD Card to your Starbucks Rewards account.

†Conditions apply.

The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the “Apply Now” button.

Tangerine Money-Back Credit Card

Limited time offer of 15% cash back!
Tangerine Money-Back Credit Card | Tangerine

Annual fee: $0

Interest rate: 19.95% on purchases, balance transfers, and cash advances

Promotion: 15% cash back on your first $1,000 in purchases. Plus a 1.95% balance transfer rate for the first 6 months. Must apply by December 29, 2022. Conditions apply.
APPLY NOW

The Tangerine Money-Back Credit Card offers a 15% rebate on up to $1,000 in purchases and $150 in rebates for the first two months after you get it. You’ll also receive a promotional interest rate of 1.95% on balance transfers for 6 months. This offer expires on December 29, 2022.

After the promotional period, you are entitled to 2% cash back on your choice of two of 10 purchase categories, including groceries, gas, entertainment and public transit. When you sign up for a Tangerine Savings Account, you’ll be eligible for a third category with 2% off.

Tangerine World Mastercard Credit Card

No Annual Fee
Tangerine World Mastercard Money Back
  • Fees: None
  • Cashback: Up to 2%
Offer: Get 15% more in rebates (up to $150)* for a limited time with the World Mastercard Tangerine. This offer expires on December 29, 2022.
Faire la demande
*Conditions Apply

The Tangerine World Mastercard comes with the same offer as the Tangerine Money-Back Credit Card, which is 15% cash back for two months up to $150 cash back ($1,000 in purchases) and a promotional rate of 1.95% on balance transfers for six months. This offer expires on December 29, 2022.

Like its predecessor, this card also offers 2% cash back on two categories of purchases, or three if you sign up for a Tangerine savings account. In addition, you’re entitled to other benefits as a World Elite cardholder, such as additional insurance, access to Wi-Fi and airport lounges around the world, and a travel rewards program.

BMO World Elite®* Business Mastercard®*

Annual fee: $149
Interest rate: 17.99%
Reward rate: 4 reward points on office supplies, gas, internet and cell phone bills
Welcome Offer: Up to 70,000 BMO Rewards points and no fees for the first year. This offer expires on December 6, 2022.

The BMO World Elite®* Business Mastercard®*comes with a welcome offer of up to 70,000 points. The first 50,000 points can be earned by making $5,000 in purchases with the card within the first three months and the next 20,000 points are earned when you make $35,000 in purchases in the first year. The annual fee is also waived in the first year. This offer expires on December 31, 2023.

With this card, you earn 4 BMO Rewards points on office supplies, gas, cell phone and internet bills, and 1.5 points on everything else. Your points are redeemable for travel, merchandise, or to help pay for purchases or to make deposits into your investment account.

The American Express SimplyCash Credit Card

Earn 2% cash back on eligible gas purchases in Canada
SimplyCash® Card from American Express
4.0
  • Annual Interest Rate: 20.99% on purchases, 21.99% on funds advances*
  • Annual Fee: No annual fee
  • Insurance coverage and 24/7 Customer Service
Offer: In your first 10 months as a new SimplyCash® Card from American Express Cardmember, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card. This could add up to $100 in statement credits in the first 10 months
Rewards: Earn 2% cash back on eligible gas purchases in Canada, 2% cash back on eligible grocery purchases in Canada (up to $300 cash back annually), and 1.25% cash back on all other eligible purchases
Apply now
*American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply

The American Express SimplyCash Credit Card is a no-annual-fee card that earns you cash back. You earn 2% cash back on every dollar you spend at gas stations in Canada. You also earn 2% cash back on grocery store purchases in Canada, up to a maximum of $300 cash back per year. For all other purchases, you get 1.25% back per dollar.

And you can get even more money with the welcome offer. You’ll get a $10 account credit every billing period if you make $300 in purchases with your card. This offer is valid for the first 10 months, which means you can get up to $100 in credit.


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