Best Flexible Credit Card in Canada for 2018 award seal

Flexible rewards are rewards that can be used a number of different ways or behave a lot more like a cash credit when redeeming for travel.

Whether you want to use them for travel, for statement credit or even donations, flexible rewards cards put you in charge of what you use your hard earned points on.

Like any category of credit cards, many of the best flexible rewards cards come with plenty of benefits and great perks, as well as a fairly high price-tag. Although, the number one card, the , lets you pay the annual fee spread out over 12 months, and 3 of the top 10 cards will give you the first year free:

You’ll notice one of those cards is even a cash back credit card. We don’t exclude cash back cards from the list if they’re good enough because we think cash is a pretty flexible reward too, don’t you?

These top 10 flexible rewards credit cards will also give you:

  • nice sign up bonuses,
  • comprehensive insurance packages,
  • typically higher reward value than cash back, and
  • rewards that can be redeemed for a number of different things.

Something to keep in mind…while flexible rewards give you a few different options for redeeming, you need to remember that the value of your rewards can often depend on the how you choose to redeem them.

The list we have compiled below is based on the best option for redeeming your rewards.

Plus a $150 travel bonus.
Offer ends December 21, 2018.

Compare Flexible Rewards Credit Cards

The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining of all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.

Featured In

The Globe and Mail