1.American Express Cobalt Card
American Express
- 5%Points on eligible eats & drinks
- 3%Points on eligible streaming subscriptions
- 2%Points on travel/gas
- 1%Points on all other purchases
Earn 1,250 points for each monthly billing period in the first year where you spend at least CA$750 in net purchases.
Earn 5x points on eligible eats & drinks, 3x on eligible streaming subscriptions, 2x on travel/gas, and 1x on all other purchases.
The American Express Cobalt Card stands out as the top choice because of its exceptional earning potential on dining and groceries, making it ideal for food enthusiasts. With a robust rewards structure and flexible point redemption options, it earns the #1 spot due to its versatility and value for frequent spenders.
Pros:
- High rewards on food and dining
- Flexible points transfer options
Cons:
- High annual fee
- Spending threshold for welcome bonus
2.Scotiabank Passport Visa Infinite Card
Scotiabank
- 6%Points on groceries, dining, entertainment, and transit
Includes 40,000 points after $2,000 in spending (first 3 months) and 10,000 points after $10,000 in spending (first 6 months).
Earn Scene+ points on groceries, dining, entertainment, and transit.
What sets the Scotiabank Passport Visa Infinite Card apart is its focus on travel benefits, including complimentary airport lounge access and no foreign transaction fees. This card is particularly appealing to frequent travelers who want to maximize their rewards while enjoying extensive travel protections.
Pros:
- No foreign transaction fees
- Comprehensive travel insurance
Cons:
- Annual fee applies
- Spending requirements for welcome bonus
3.TD First Class Travel Visa Infinite Card
TD Canada Trust
- 8%Points on travel through Expedia for TD
- 6%Points on groceries and dining
- 2%Points on all other purchases
Includes 20,000 points on first purchase and 145,000 points upon spending $7,500 within 180 days.
Earn 8x points on travel through Expedia for TD, 6x on groceries/dining, and 2x on all other purchases.
The TD First Class Travel Visa Infinite Card shines for its exceptional earning potential on travel-related purchases, making it a top choice for avid travelers. With a substantial welcome bonus and additional travel perks, it offers significant value for those who frequently book travel through Expedia.
Pros:
- High earn rates on travel
- Annual travel credit
Cons:
- Annual fee applies
- High spending requirement for welcome bonus
4.Scotiabank Gold American Express Card
Scotiabank
- 6%Points on groceries, dining, and entertainment
- 3%Points on gas and streaming
- 1%Points on all other purchases
30,000 points after spending $2,000 in the first 3 months and an additional 15,000 points upon meeting spending requirements within the first year.
Earn 6x points on groceries, dining, and entertainment, 3x on gas/streaming.
The Scotiabank Gold American Express Card is an excellent option for those who spend heavily on groceries and dining, offering high rewards rates in these categories. Its lack of foreign transaction fees and comprehensive insurance coverage further enhance its appeal for frequent travelers.
Pros:
- High rewards on everyday spending
- No foreign transaction fees
Cons:
- Annual fee applies
- Limited to specific categories for high rewards
Final Words
As you navigate the options for credit cards suitable for your good credit in April 2026, remember to prioritize rewards, fees, and benefits that align with your spending habits. Take time to compare various offers to ensure you make an informed decision that best suits your financial goals.
Frequently Asked Questions
The American Express Cobalt Card offers a welcome bonus of 1,250 points for each monthly billing period in the first year where you spend at least CA$750 in net purchases.
With the Scotiabank Passport Visa Infinite Card, you can earn Scene+ points on groceries, dining, entertainment, and transit, which translates to 6% in points on these categories.
The TD First Class Travel Visa Infinite Card allows you to earn 8x points on travel through Expedia for TD, 6x on groceries and dining, and 2x on all other purchases.
The annual fee for the American Express Cobalt Card is CA$191.88, which can be justified by the high rewards rate on eligible eats and drinks.
To choose the best credit card, consider your spending habits, such as whether you spend more on dining, groceries, or travel. Additionally, look for welcome bonuses, annual fees, and rewards rates that align with your lifestyle.
In Canada, eligibility for credit cards typically requires a good credit score, a steady income, and age of majority in your province. Some cards may also require a minimum annual income or may be limited to Canadian residents.
Yes, many credit cards come with annual fees, while some may charge foreign transaction fees or late payment fees. It's essential to review the terms and conditions to understand all potential costs.
The welcome bonus for the Scotiabank Passport Visa Infinite Card includes 40,000 points after $2,000 in spending (first 3 months) and 10,000 points after $10,000 in spending (first 6 months).
