Best First Year Free Credit Cards in Canada

Best Cards 1st Yr Free Cash Back Travel Groceries Gas & EV Business Low Interest

Best for: First-Year Annual Fee Rebate

TD First Class Travel® Visa Infinite Card

Compare

The TD First Class Travel® Visa Infinite Card offers a first year annual fee rebate (regular fee $139/yr). It comes with a welcome bonus of 146,000 points. You earn 6x on groceries and 6x at restaurants. Estimated first-year value is $1,336.

First-Year Annual Fee Rebate

Annual Fee: $139 $0
Rewards rate: 2x
Welcome Bonus: Up to 146,000 points
1st Year Value: $1,336

Pros

First Year Annual Fee Rebate
Welcome bonus of 146,000 points
6x on groceries
6x at restaurants

Cons

Requires good credit

Best for: First-Year Annual Fee Rebate

Apply Now ↗View Details

BMO eclipse Visa Infinite Card

BMO BMO Rewards

Compare

The BMO eclipse Visa Infinite Card offers a first year annual fee rebate (regular fee $120/yr). It comes with a welcome bonus of 80,000 points. You earn 5x on groceries and 5x at restaurants. Estimated first-year value is $1,155.

First-Year Annual Fee Rebate

Annual Fee: $120 $0
Rewards rate: 1x
Welcome Bonus: Up to 80,000 points
1st Year Value: $1,155

Pros

First Year Annual Fee Rebate
Welcome bonus of 80,000 points
5x on groceries
5x at restaurants

Cons

Requires good credit

Best for: First-Year Annual Fee Rebate

Apply Now ↗View Details

BMO Ascend™ World Elite® Mastercard®

BMO BMO Rewards

Compare

The BMO Ascend™ World Elite® Mastercard® offers a first year annual fee rebate (regular fee $150/yr). It comes with a welcome bonus of 100,000 points. You earn 1x on groceries and 3x at restaurants. Estimated first-year value is $1,048.

First-Year Annual Fee Rebate

Annual Fee: $150 $0
Rewards rate: 1x
Welcome Bonus: Up to 100,000 points
1st Year Value: $1,048

Pros

First Year Annual Fee Rebate
Welcome bonus of 100,000 points
3x at restaurants
Estimated 1st-year value of $1,048

Cons

Requires good credit

Best for: Cash back

Apply Now ↗View Details

Scotia Momentum® Visa Infinite + Card

Scotia Cash Back

Compare

The Scotia Momentum® Visa Infinite + Card offers a first year annual fee rebate (regular fee $120/yr). It comes with a welcome bonus of $300. You earn 4x on groceries and 1x at restaurants. Estimated first-year value is $1,044.

First-Year Annual Fee Rebate

Annual Fee: $120 $0
Rewards rate: 1x
Welcome Bonus: Up to $300
1st Year Value: $1,044

Pros

First Year Annual Fee Rebate
Welcome bonus of $300
4x on groceries
Estimated 1st-year value of $1,044

Cons

Requires good credit

Best for: Travel rewards

Apply Now ↗View Details

CIBC Aventura® Visa Infinite Card

CIBC CIBC Aventura

Compare

The CIBC Aventura® Visa Infinite Card offers a first year annual fee rebate (regular fee $139/yr). It comes with a welcome bonus of 45,000 points. You earn 1.5x on groceries and 1x at restaurants. Estimated first-year value is $968.

First-Year Annual Fee Rebate