Canada Credit Cards2020-09-29T14:50:23-07:00

Canada Credit Cards

Find Card Offers by Credit, Network, Issuer, or Category

Choosing the right credit card that will help you improve your financial stability is no easy task. Many different issuers offer many different types of cards, and it can be overwhelming trying to find the best one for you. But, we are here to help you find the right Canada credit card.

Credit Cards Listed by Credit Score

Credit Score: Excellent

740-850

CREDIT RANGE

Credit Score: Good

670-739

CREDIT RANGE

Credit Score: Fair

580-669

CREDIT RANGE

Credit Score: Needs Work

300-579

CREDIT RANGE

Build a Credit Score

Limited / No Credit

Card Categories List

When deciding on a credit card, it is first important to consider what type of card you will need. Different credit cards are designed for different purposes, and if you are a frequent traveller, for example, you will benefit more from a no foreign transaction fee credit card than you would from a shopping card. The card categories that you will find at MarketProSecure® Canada include:

Offers Listed by Card Networks

You can also compare the different cards by their card network – Visa, Mastercard, American Express, or other. Card networks are responsible for facilitating the transaction between you and the merchant, and they decide which merchants can accept their cards.

Canada Credit Cards Issuers

You can also lookup which cards are offered by different issuers. Credit card issuers control almost every aspect of your credit card usage. Different issuers will offer different terms and conditions for the same card categories, so always make sure to compare and contrast different credit card offers to find the best one for you.

PRO Tip
Once you have narrowed down on the card category/ network/ issuer, you can add up to 5 cards to the compare basket to see their side-by-side comparisons. Should you find the credit card that fits your needs, you can easily and securely apply for it online in just a few clicks.

Credit Cards FAQs

You can rely on our expert reviews, comparisons, and advice, and learn more about the advantages and disadvantages of various credit cards. Our FAQ section might help answer some of your questions, and our blog and news section will keep you up to date on all the important information.

How do I apply for a credit card?2020-09-02T09:54:47-07:00

Depending on the issuer, there are several different ways to apply for a credit card. You can do so in person by visiting a branch of your preferred bank, by phone, or online if the issuer allows for it.

Online applications are safe, secure, and convenient. You’ll typically receive a notification about your application status more quickly than you would in person, often within mere minutes.

Before you apply, it’s a good idea to check whether you meet the specific criteria. If you don’t meet the qualifications, your application will not only be denied, but your credit score will also be temporarily damaged. Every new application triggers a hard inquiry into your credit report, which nips off a few points from your score. That is just temporary, and your score should be back to normal within 6 to 12 months.

Does a custom design affect the card in any way?2020-09-02T09:53:57-07:00

Custom credit card designs only change the way a card looks. They don’t affect anything else, meaning that the terms and conditions won’t change. If you already own a card you want to customize, you will have to ask the issuer to create a new one after you pick the design you want. That usually costs a small fee, and you’ll have to wait a week or two for the new card to arrive.

Can I apply for a card online?2020-09-02T09:54:26-07:00

Most issuers allow applicants to apply for their new credit cards online. However, this depends on the bank/credit union.

Online applications are secure, fast, and convenient, but you still need to be careful as you don’t want to share your sensitive information through unreliable sites. When applying online, make sure to only do so through your bank’s/credit union’s website. Never start the application process through third-party sites that are not connected to the issuer.

What are credit card rewards?2020-09-02T09:55:06-07:00

Credit cards rewards are very beneficial, and they usually come in the form of cashback or points. You can either get a return or a rebate on your spending. It can be as much as 3% of the amount you paid (5% on rotating categories), and that’s not a small amount over a monthly or yearly period.

Are Mastercard Contactless Payments Secure?2020-09-02T09:57:02-07:00

Yes, the payments are absolutely secure, thanks to advanced encryption, as well as zero liability protection. You also don’t have to worry about paying accidentally or getting billed more than once for a single purchase, since your card or device must be very close to the card reader for it to accept the payment.

Are There Good Alternatives to Premium Cards?2020-09-02T09:55:45-07:00

If these cards are too expensive for your lifestyle, but you want to enjoy great perks and rewards points, you can choose a cashback rewards card with lower annual fees and interest rates. There are even rewards credit cards with no annual fees, so make sure you explore them.