1.Scotiabank StartRight Credit Card Program
Scotiabank
- 5%Cash back on all purchases for the first 3 months
- 0%Cash back on all other purchases
Welcome bonuses up to 60,000 Scene+ points depending on the specific card chosen.
Earn 5% cash back on all purchases for the first 3 months.
20.99%
22.99%
The Scotiabank StartRight Credit Card Program stands out as the top choice because it offers newcomers to Canada the opportunity to build their credit history without prior local credit. With generous welcome bonuses and cash back rewards, it provides significant value for those just starting their financial journey in Canada.
Pros:
- No annual fee for some cards
- High welcome bonuses for newcomers
Cons:
- Variable annual fees depending on the card
- Limited to newcomers with no prior credit history
- 1%Cash back on eligible purchases
- 0%Cash back on all other purchases
Earn up to $150 in Cash Back Dollars.
Earn 1% cash back on eligible purchases.
21.99%
22.99%
What sets the TD Cash Back Visa Card apart is its straightforward cash back rewards structure, making it easy for newcomers to earn rewards on everyday spending. With no annual fee and a solid welcome bonus, it provides a great entry point for those looking to establish their credit in Canada.
Pros:
- No annual fee
- Simple cash back structure
Cons:
- Lower cash back rate compared to some competitors
- Limited to eligible purchases
- 12%Cash back for the first three months on up to $2,000 spend
- 0%Cash back on all other purchases
Earn up to 12% cash back for the first three months on up to a $2,000 spend.
Earn 12% cash back for the first three months.
20.99%
22.99%
The RBC Cash Back Mastercard shines for its impressive introductory cash back offer, allowing newcomers to earn significant rewards right from the start. With no annual fee and a straightforward cash back structure, it is an excellent choice for those looking to build their credit while enjoying immediate benefits.
Pros:
- High initial cash back rate
- No annual fee
Cons:
- Limited time offer for high cash back
- Requires spending to maximize rewards
- 2%Cash back on groceries
- 1%Cash back on all other purchases
Bundled welcome bonuses up to $600.
Earn 2% cash back on groceries and 1% on all other purchases.
21.99%
22.99%
A key differentiator for the CIBC Dividend Platinum Visa is its strong cash back rewards on grocery purchases, making it ideal for those who spend significantly in this category. Coupled with a substantial welcome bonus, it provides newcomers with a robust option for building their credit while earning rewards.
Pros:
- High cash back on groceries
- Bundled welcome bonuses
Cons:
- Annual fee applies after the first two years
- Higher interest rates
- 5%Cash back for the first 3 months on up to $2,500
- 0%Cash back on all other purchases
Earn 5% cash back for the first 3 months on up to $2,500 in total spending.
Earn 5% cash back for the first 3 months.
21.99%
22.99%
The standout feature of the BMO CashBack Mastercard is its attractive introductory cash back offer, allowing newcomers to earn rewards quickly. With no annual fee, it provides a low-risk option for those looking to establish their credit while enjoying immediate benefits.
Pros:
- No annual fee
- High initial cash back rate
Cons:
- Limited time offer
- Requires spending to maximize rewards
Did you know?
A no-fee credit card can beat a premium card if you do not use the extras. Match the card to your spend before chasing a bonus.
Final Words
As you explore the best starter credit cards with no credit history this August 2026 in Canada, remember to assess your needs and weigh the features of each option carefully. Take the time to compare various offerings to ensure you make an informed decision that best suits your financial goals.
Frequently Asked Questions
The welcome bonus for the Scotiabank StartRight Credit Card Program is up to 60,000 Scene+ points depending on the specific card chosen.
With the TD Cash Back Visa Card, you can earn 1% cash back on eligible purchases. Additionally, there's a welcome bonus of up to $150 in Cash Back Dollars.
The RBC Cash Back Mastercard offers a welcome bonus of up to 12% cash back for the first three months on up to a $2,000 spend. After that, you'll earn 0% cash back on all other purchases.
Many starter credit cards in Canada, especially those targeted towards newcomers or individuals with no credit history, often have no annual fees. However, some cards may charge an annual fee ranging from CA$0 to CA$150, depending on the features and rewards they offer.
When applying for a starter credit card, consider factors like the annual fee, welcome bonus, and reward rates. Additionally, look for cards that offer cash back or rewards that align with your spending habits.
To improve your chances of getting approved for a credit card with no credit history, consider applying for cards specifically designed for newcomers or students. Providing proof of income and a stable address can also strengthen your application.
Starter credit cards often offer benefits such as low or no annual fees, introductory reward rates, and accessibility for individuals with limited credit history. These features can help you build a positive credit history while earning rewards.
