There are several credit cards on the market with which you can earn points. But how do you know which one is best suited to your needs? We’ve made it easy for you to find out; you just have to use the Hardbacon credit card comparison tool to find the right one! Our team has also compiled this list of the 10 best reward credit cards. If you want to learn more about how credit card financing works, check out this article from Hardbacon.


HSBC World Elite Mastercard


Card for Carte Mastercard HSBC World EliteThe HSBC World Elite Mastercard is very attractive, especially for those who like to travel. In fact, it gives you 6 points per dollar spent on the following types of travel-related services:

▪   Airlines

▪   Car rentals

▪   Hotels

▪   Cruises

▪   Trains

▪   Tour operators

▪   Timeshares

▪   Travel agencies in the Mastercard network

For all other purchases, cardholders receive 3 points for every dollar spent.

When you’ve accumulated enough points, you can treat yourself and redeem them for travel, gift cards, valuable items, financial rewards, or mileage programs. You can view the multitude of products available on this website.

You will receive 100,000 points (equivalent to $500) as a welcome offer or 110,000 points (value of $550) if you are a resident of Quebec.

For residents of Quebec, you get 20,000 points upon activation and the remaining 90,000 points are awarded if you keep your account active for 180 days. In other provinces, you get the 20,000 points when you first get the card and earn the remaining 80,000 points if you spend $5000 in the first 180 days.

Your membership in the LoungeKey Mastercard Airport Experiences Program is free, giving you access to 850 airport lounges at a cost of US $32 per person. You also get a 10% discount on hotel reservations made through the Expedia or Agoda websites.

You don’t have to pay a foreign currency conversion fee when using the HSBC World Elite Mastercard.

It provides the following insurance coverages:

▪   Coverage for medical emergencies outside the country

▪   Insurance when your luggage is lost or delayed

▪   Insurance against trip cancellations due to illness or injury

▪   Insurance when you rent a vehicle while traveling

You also get purchase protection and extended warranty, which covers you for theft or damage to your purchases during the first 90 days. The manufacturer’s warranty is doubled for a maximum of 1 year.

The annual fee for this card is $149, and $50 for each additional card.

An annual income of $80,000 per person or $150,000 per household is required in order to be eligible.

Apply now


American Express Cobalt Card


Card for Carte Cobalt American ExpressThe American Express Cobalt™ Card earns 5 privilege points for every dollar spent in the following categories:

▪   Restaurants

▪   Bars

▪   Cafés

▪   Food delivery in Canada

It also gives 2 privilege points for every dollar spent on travel, transportation or fuel in Canada. One privilege point is awarded for other purchases.

For a limited time, this card comes with a welcome bonus of 30,000 privilege points.

If you want to earn more points, you can recommend a friend. The maximum for referrals is 75,000 privilege points.

You can redeem your points in a number of ways, including for purchases charged to the American Express Cobalt Card such as streaming services and movie tickets.

The card also provides several other ways to redeem your privilege points:

▪   Purchases on

▪   Gift cards

▪   Articles on (site web ne fonctionne pas)

▪   Travel

▪   Events or concerts on (pas tickertmaster…comme dans la version francaise.)

Thanks to the American Express Invites program, you have access to:

▪   Exclusive pre-sales to premieres

▪   Tickets reserved for premieres

▪   Special offers and unique experiences for all cardholders

You also get a $100 USD resort credit and the option to upgrade your hotel room.

Here are all the insurance coverages that are included with this card:

▪   Out-of-province or out-of-country emergency medical insurance (for people under 65)

▪   Flight delay insurance

▪   Insurance if your baggage is delayed, lost or stolen

▪   Hotel burglary insurance

▪   Rental car damage or theft insurance

▪   Insurance of up to $250,000 for all types of travel accidents

It also offers purchase protection and an extended warranty, with the same coverage as the previous card.

This card has a monthly fee of $10 per month and additional cards are free.

No minimum income is required to be eligible for the American Express Cobalt Card.

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Scotiabank American Express Platinum Card


Card for Carte American Express Platine de la Banque ScotiaThe Scotiabank American Express Platinum Card earns 4 Scotia Rewards points per dollar for all fuel station, grocery, and entertainment expenses. Other expenses earn 1 point for every dollar.

You’ll receive 30,000 Scotia Rewards bonus points as a welcome gift when you make your first purchase.

You can redeem your points for travel with the Scotia Rewards Travel Service.

On the Scotia Rewards website you can redeem your points directly in the Apple and Best Buy catalogues. The site has a personalized catalogue with over 450 awards. You can also redeem your Scotia Rewards Points for SCENE points, and vice versa.

Visit the Hardbacon comparison tool to learn more about credit cards with SCENE points.

This American Express card offers the same coverages and insurance as the previous card.

You can attend unique international events with your VIP pass using the Scotiabank American Express Platinum Card.

You get access to a 24/7 international concierge service. This service can help you find tickets for a show, a birthday present or a restaurant reservation. You have free access to 600 Priority Pass VIP lounges at airports so you can relax in exclusive lounges.

This card comes with an annual fee of $399 for the primary card. A first additional card costs $99 and others are $50.

In order to be eligible, your minimum annual income must be $ 2,000 and your minimum credit limit must be $10,000.

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Triangle World Elite Mastercard


Card for World Elite Mastercard TriangleThe Triangle World Elite Mastercard provides 7¢ in Canadian Tire money per liter of Super gasoline purchased at participating Essence+, Gas+ and Husky service stations. For other grades of fuel, it provides 5¢ of Canadian Tire money per liter.

A 4% rebate in Canadian Tire money is offered at the following establishments (you can also use your CT money there):

▪   Canadian Tire

▪   Sport Chek

▪   Atmosphere

▪   Sports Rousseau

▪   Hockey Experts

▪   The Hockey Warehouse

▪   L’Équipeur

▪   Mark’s stores

▪   Participating Sports Experts

Additional Canadian Tire cash back is offered on the first $12,000 in grocery purchases in a year, except at Costco and Walmart.

You can receive personalized offers and access your electronic statements through the Triangle app.

You get the Gold Roadside Assistance Program, which provides protection against collisions or damage to rental vehicles. The card also includes an extended warranty and purchase protection.

Lastly, this card offers a concierge service available at all times that puts your call in priority when you contact the Triangle World Elite Mastercard customer service line.

This card has no annual fee. An annual income of at least $80,000 per year is required in order to be eligible.

Apply now


ATB Financial Gold My Rewards Travel Mastercard


Card for Gold My Rewards Travel MastercardThe Gold My Rewards Travel Mastercard, which is exclusively for residents of Alberta, offers a reward of 10 points for every dollar spent. These points have no expiration date and you can accumulate them without limit.

On this site you can redeem your points for items, travel, and gift cards. You can also use these points to:

▪   Pay your credit card statement

▪   Deposit them into your bank account

▪   Apply them to your personal loan

▪   Invest them in your investment account

With “MyPic“, you can choose the background image printed on your Gold My Rewards Travel Mastercard from among 55 options.

You get a 25% discount on car rentals with “Avis” and “Budget”.

Several coverages are included:

▪   Vacation rental car collision, damage and theft insurance

▪   Up to $300,000 in insurance if you suffer an accident aboard a common carrier

▪   Up to $200,000 in insurance if you have an accident in a rental car

Lastly, you are covered if your flight and your luggage are delayed.

This card and additional cards are free of charge, and no minimum income is required.

Apply now


TD Platinum Travel Visa Card


Card for Carte Visa TD Platine VoyagesThe TD Platinum Travel Visa Card offers:

▪   5 TD Rewards points for every dollar spent on travel

▪   3 TD Rewards points for every dollar spent on groceries or recurring bill payments

▪   2 TD Rewards points for every dollar spent on other purchases

You get a welcome bonus on your first purchase of 40,000 points (a value of $200 in travel credits).

With the Amazon “Shop with Points” program, you can redeem your points directly on You also have the option of paying your credit card statement or redeeming your points on this site.

Here are the coverage benefits offered by the card:

▪   Insurance in case of flight or travel delay

▪   Insurance for your delayed or lost luggage

▪   Insurance for accidents while traveling on a public carrier

▪   Insurance on rental vehicles in the event of an accident

▪   Purchase protection and extended warranty

You also get a 10% discount on car rentals with Avis and Budget in Canada and the United States (5% internationally).

This card costs $89 annually. The first additional card costs $35 and the following ones are free. The minimum limit is $1000 and no annual income is required.

Apply now


TD First Class Travel Visa Infinite Card


Card for Carte Visa Infinite TD Classe ultime VoyagesThe TD First Class Travel Visa Infinite Card is the big sister to the previous TD credit card.

It gives you 9 points per dollar spent on travel booked through Expedia and 3 points per dollar spent on all other purchases.

For a limited time, you can get up to 60,000 TD Points as a welcome offer, which is $300 in travel credits.

With Amazon’s “Shop with Points” program, you can redeem your points directly on You also have the option of paying your credit card statement or redeeming your points on this site.

This card provides the same benefits as the previous TD card, in addition to travel cancellation and interruption insurance due to illness or injury.

The annual fee for this card is $120 per year, but this is refunded in the first year. The first additional card has an annual fee of $50 and subsequent ones are free.

To be eligible, you must have an annual income of $60,000 per person or $100,000 per household. The minimum credit limit is $5000.

Apply now


President’s Choice Financial World Elite Mastercard


Card for World Elite Mastercard PC FinanceThe PC Financial World Elite Mastercard provides several points for different categories.

▪   45 PC Optimum points for every dollar spent at Pharmaprix

▪   30 PC Optimum points per liter of fuel at Esso Mobil

▪   30 PC Optimum points for every dollar spent at Wholesale club, Maxi, Provigo and PC Travel locations

▪   10 PC Optimum points for every dollar spent anywhere else

Once you’ve accumulated 10,000 points, you can redeem them for $10 worth of products or groceries.

This card provides several benefits, such as concierge services. These services help PC Financial World Mastercard holders arrange recreation, entertainment and medical assistance.

▪   Reservations for performances, sporting events and other events

▪   Reservations for exhibitions, shows and festivals

▪   Limousine and vehicle rental reservations

▪   Reservations for sessions in a fitness centre or in a specialized store

▪   Golf reservations

▪   Lost ticket or document replacement assistance

▪   Gift basket or flowers delivery

The 24/7 medical assistance service can help you with:

▪   Appointment and admission preparations with a medical provider

▪   Arrangements for emergency medical transport

▪   Prescription replacements

▪   Arrangements for emergency medical visits

It can also provide emergency money transfers and emergency translation services.

This card has no annual fee and requires a minimum annual income of $80,000 per person or $150,000 per household.

Apply now


Scotiabank Gold American Express Card


The Scotiabank Gold American Express card offers:

▪   5 Scotia Rewards per dollar spent in restaurants and on entertainment

▪   3 Scotia Rewards for fuel and public transit

▪   1 point for any other purchase

As a welcome offer, you can receive up to 25,000 Scotia Rewards Points for the first $1000 spent in the first 3 months. You can redeem your points to pay your credit card statement or purchase items or travel by accessing this site.

This card also provides the following perks:

▪   Points can be redeemed for flights

▪   A free concierge service

▪   Access to VIP airport lounges for Amex card holders

It stands out because of its wide variety of coverage. In fact, it also provides travel medical insurance, which covers the costs of prescription drugs, hospitalization and ambulance services.

You get insurance on travel cancellations for medical reasons, provided you used the card to pay for at least 75% of the cost of your trip. You are covered for the loss and delay of your baggage and your flight. You, your spouse and your children are also covered up to $1,000,000 per trip in the event of death or dismemberment. This card provides insurance against theft or damage to rental cars. Lastly, you are protected against theft in a hotel.

This card has an annual fee of $120, and it is $29 for all additional cards. In order to qualify, your annual income must be $12,000, with a minimum credit limit of $5000.

Apply now


Laurentian Bank Visa Infinite


Card for Visa Infinite Banque LaurentienneThe Laurentian Bank Visa Infinite card earns 8 points per dollar spent for all fuel, groceries, transportation and travel expenses during the first 3 months, for a maximum of $2000 in purchases. Subsequently, you will earn 2 points per dollar spent for fuel, groceries, transportation and travel expenses.

You will earn 3 points per dollar on pre-authorized payments, and you will earn 1 point for all other purchases.

Your points never expire, and you can earn an unlimited amount.

You have the option to convert your points into cash back rewards. For this you need to accumulate 10,000 points, equivalent to a $100 cash back which will be  directly applied to your credit card balance.

You have the choice to redeem your points for gift cards at more than 80 merchants starting at 1600 points.

You can convert your points into financial products. For example, 10,000 points equals $100 that you can deposit into a term deposit or GIC. You can also use the points to pay the primary cardholder’s annual fee (13,000 points for $130) or that of any secondary cardholders (5000 points for $50).

Otherwise, you can convert them into a gift certificate for a free banking account package with unlimited transactions for one year. Compare Laurentian Bank chequing accounts on the Hardbacon comparison tool.

As a last option, you can redeem your points for more than 350 products or trips found on Laurentian Bank’s online Visa Reward Zone.

This card provides several insurance coverages including:

Hospital, medical and paramedical care Insurance for you and your family, for a maximum of 31 days for those 65 and under, and 15 days for those aged 66 to 75.

Compensation of up to $2 000 per person in the event of trip cancellation and $5 000 in the event of an interruption.

Baggage delay insurance up to $2 500 per family.

Public transportation vehicle accident insurance up to $500 000 per person and auto rental collision and loss damage insurance coverage up to 48 consecutive days.This card also includes purchase insurance protection in the event of theft or accidental damage for 90 days following purchase of items paid with your card and an extended manufacturer’s warranty of up to one year.

This card has an annual fee of $130 ($50 for an additional card). The current welcome offer is a $130 credit, which is the equivalent of the annual fee for the primary card.

In order to be eligible for this card, you must have a personal annual income of $60,000 or $100,000 household income.

Apply now


It is important to note that credit card issuers don’t place the same value on points, so don’t be fooled by the amount of points and instead check their cash equivalent. Hardbacon is here to help you make the best choice with the credit card comparison tool. Enjoy it!



This Top 10 Best Reward Point Credit Cards in Canada was compiled by Hardbacon, which has designed a credit card comparator listing hundreds of Canadian credit cards. Hardbacon also helps you save on savings accounts, chequing accounts, online brokers, robo-advisors, life insurance, mortgages and personal loans. If you want to go one step further and take control of your finances, you should download Hardbacon’s mobile app, which links to your bank and investing accounts, helps you plan for your financial goals, create a budget and invest better.

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