A new month, a new hot deals. February is here, and we’re in the thick of winter.

Perhaps you’ve got some getaway plans to head south for some heat and a reprieve from the cold and snow. Or maybe you embrace winter, and enjoy everything the season has to offer.

No matter what you’re into, we have a credit card for you with a great welcome bonus. Whether you like to keep things simple and get some cash back, earn major travel rewards to use towards your next holiday, or if saving on credit card debt is your game, there’s an offer here with your name on it.

Credit Card Credit Card Offer Annual Fee Income Requirements Apply Now
BMO® AIR MILES®† World Elite®* Mastercard®* * Up to 3,000 bonus miles (terms)
* Offer ends March 3, 2020
$0 12K personal Apply Now
Scotiabank Momentum Visa Infinite * 10% cash back on all purchases for 3 months (terms)
* Offer ends April 30, 2020
$120, first year free 60K personal/100K household Apply Now
National Bank World Elite Mastercard * Welcome bonus of up to $480 cash back (terms)
* Offer ends February 29, 2020
$150 80K personal/150K household Apply Now
TD® Aeroplan® Visa Infinite* * 15,000 bonus miles after the 1st purchase
* 5 bonus miles per $1 spent in the first 3 months (terms)
* Offer ends March 2, 2020
$120, first year free 60K personal/100K household Apply Now
MBNA True Line®Mastercard® * 0% interest for 12 months – best balance transfer offer in Canada (terms)
* Offer ends February 29, 2020
$0 None Apply Now
TD First Class Travel Visa Infinite* * 20,000 bonus points after the first purchase
* 5x the points for the first 3 months (terms)
* Offer ends March 2, 2020
$120, first year free 60K personal/100K household Apply Now
Tangerine Money-Back Mastercard * $250 after spending $5,000 in the first 3 months (terms)
* Offer ends March 31, 2020
$0 12K personal Apply Now
American Express Cobalt * Up to 30,000 welcome bonus points (terms)
* Best credit card in Canada
$120, charged out as $10 per month None Apply Now
MBNA Rewards Platinum Plus® Mastercard® * 10,000 welcome bonus points
* 4 points per $1 on gas, groceries, and restaurants in the first 3 months (terms)
$0 None Apply Now
Marriott Bonvoy American Express * 50,000 welcome bonus points (terms) $120 None Apply Now
TD Cash Back Visa Infinite* * 10% cash back on all purchases for the first 3 months (terms)
* Offer ends March 2, 2020
$120, first year free 60K personal/100K household Apply Now
Scotiabank Passport Visa Infinite * 25,000 bonus points (terms)
* Offer ends March 1, 2020
$139 60K personal/100K household Apply Now
American Express® Gold Rewards Card * 25,000 bonus points (terms) $150 None Apply Now

3,000 bonus AIR MILES miles + first year free

Right now, the is offering new applicants quite the treat.

You’ll pay a $0 annual fee for the first year and get a sign-up bonus of up to 3,000 miles (enough for 2 short-haul flights):

  • 1,000 miles after your first purchase, and
  • 2,000 miles after spending $3,000 in the first 3 months.

Even without a great welcome bonus, this card is still our best AIR MILES credit card in Canada. Here’s why:

  • 1 mile for every $10 spent on all purchases – one of the best AIR MILES earn rate of any card out there right now,
  • a 15% discount on AIR MILES flights within North America,
  • access to Mastercard Airport Experiences Provided by LoungeKey all over the world, as well as 2 annual passes, and
  • 24/7 Concierge Service.

Plus, it comes with 14 different types of purchase and travel insurance which is just the frosting on top.

Since it’s a Mastercard, you don’t need to worry about acceptance – as long as where you’re shopping takes credit cards. This makes it the best travel credit card for all those trips to Costco.

10% cash back for the first 3 months with our top rated cash back card

Our top rated cash back card, the offers plenty of cash back on your purchases.

How much? For starters, you’ll earn 10% on all purchases in the first 3 months, until $200 cash back has been earned.

After that, keep earning plenty of cash back at these rates:

  • 4% back on groceries and recurring bills,
  • 2% back on gas and transit purchases, and
  • 1% back on everything else.

Toss in 11 types of insurance, including the rare mobile device coverage, and it’s a great overall card for those who love their cash.

$480 cash back, $250 in annual travel reimbursements

If you want a card that gives you a different way of saving money while travelling, the fits the bill.

It’s currently offering a top notch sign-up bonus. Until February 29, you can earn $40 cash back for every month you spend $500 in the first year. That’s up to $480 right back in your pocket.

On top of that, you still earn great travel rewards. It has an earn rate of 1.5 points per $1 spent on the first $40,000 in annual spend. Then, for your next $40,000 worth of purchases, you’ll earn 2 points per $1.

When redeemed through National Bank A La Carte Rewards, each point is worth 1 cent, giving you a 1.5% to 2% return.

But, where the card really stands out is with its annual Savvy Traveller Reimbursements.

What can you get reimbursed?

  • $100 for airport parking,
  • $100 for checked baggage, and
  • $50 for seat selection.

Say goodbye to some of those pesky fees no one likes paying for.

Plus, it comes with great insurance coverage, including triple extended warranty (up to 2 years), and 15 days of emergency medical coverage for people over 65.

Add that all up, and National Bank has a great offer for your travel needs.

If you don’t meet the income requirements, these 2 National Bank cards are also offering the same $480 cash back bonus offer:

30,000 bonus Aeroplan miles and the first year free

One of our top Aeroplan credit cards, the has a truly outstanding deal right now to get you flying for free sooner.

As part of signing up, you’ll earn up to 30,000 Aeroplan miles:

  • 15,000 after the first purchase, and
  • 5 bonus miles per $1 spent in the first 3 months, until 15,000 miles have been earned.

On top of that, you’ll earn miles on all of your day-to-day purchases:

  • 1.5 miles per $1 spent on gas, groceries, drugstores, and aircanada.com purchases, and
  • 1 mile per $1 spent on everything else.

Plus when you redeem your miles for flights, you’ll get great benefits on Air Canada operated flights like priority check-in and first free checked bag.

Add it all up, and you’ve got a card that earns you tons of Aeroplan miles and makes your reward flights more enjoyable.

The cherry on top? The annual fee is waived for the first year.

0% interest on balance transfers for 12 months, best offer in Canada


* This offer is not available to residents of Quebec. For residents of Quebec, please click here.

If you have some sticky debt hanging around, the best balance transfer offer in Canada is here to save the day (and your credit score).

The is offering a 0% balance transfer promo rate for an incredible 12 months. This is a limited time offer which ends on February 29, 2020.

And unlike many balance transfer offers out there, once the promotional period is over, you can still take advantage of a permanently low 12.99% purchase interest rate rather than have the interest shoot back up to 19.99% or more.

5x the points in the first 3 months, first year free

For a large sign-up bonus you can use for any type of travel, the will help you scratch your travel itch.

You can earn a welcome bonus of up to 80,000 points:

  • 20,000 points after making your first purchase,
  • 5x the points in the first 3 months, until 60,000 points have been earned.

Just note that the 5x points in the first 3 months also includes what you’d be earning on your regular spending anyway.

You’ll also get a high earn rate on every purchase:

  • 9 points per $1 spent at Expedia For TD, and
  • 3 points per $1 spent everywhere else.

That’s a 4.5% return on your travel purchases, one of the best out there for travel. And you still get a return of 1.5% on all other purchases.

Throw in the first year free and TD is giving you every reason to take this card for a test drive.

For lots of points you can earn on travel purchases, TD has a great candidate for you. This offer ends on March 2, 2020.

$250 bonus cash back and no annual fee

For flexible rewards, a top notch sign-up bonus, and no annual fee, the deserves careful consideration.

Why? Let’s start with the sign-up bonus. You’ll earn $250 bonus cash back when you spend $5,000 in the first 3 months.

The cash back rewards you earn are also unique. You get to choose which 2 categories you’ll earn 2% cash back in.

And you can also choose a 3rd category to earn this bonus when you have your Money-Back Rewards deposited into your Tangerine Savings account.

The categories you can choose from are:

  • grocery,
  • recurring bill payments,
  • furniture,
  • drug store,
  • restaurants,
  • home improvement,
  • hotel/motel,
  • entertainment,
  • gas, and
  • public transit and parking.

On top of having no annual fee and earning 0.5% cash back on all other purchases, there’s also a low promotional balance transfer interest rate of 1.95% with a low 1% balance transfer fee.

All of this also applies to the , which is an identical card but offers a couple more perks. You can learn more about the differences between the 2 cards here.

Best credit card in Canada, up to 30,000 bonus points

The is our #1 ranked credit card in Canada.

Why? Not only can you earn tons of points, but each one is also super valuable.

With the welcome bonus, you’ll earn 2,500 bonus points every month you spend $500 in the first year. That’s a total of 30,000 points.

On top of that, you’ll get:

  • 5 points per $1 spent on grocery, bar, and restaurant purchases,
  • 2 points per $1 spent on gas and travel purchases (including daily transit), and
  • 1 point per $1 spent on all other purchases.

And it’s all for a super manageable $10 monthly fee, instead of an annual fee of $120.

But, what are your points worth?

American Express Membership Rewards can be redeemed for travel and to get the best value, you can use the Fixed Points Travel Program for flight bookings. A point is worth up to 1.75 cents each this way.

The next most valuable option is transferring your points to Marriott Bonvoy. Amex points transfer at a ratio of 5:6, effectively giving you a 20% bonus. With a Bonvoy point worth 0.97 cents each when redeemed for hotel stays, an Amex point is worth 1.16 cents each.

Finally, you can also redeem points for any travel booking you can find, from any provider. Each point is worth 1 cent when redeemed this way.

All these different options make for a truly great credit card.

$100 bonus in travel rewards for no annual fee


* This offer is not available to residents of Quebec. For residents of Quebec, please click here.

Another MBNA card to grace our list, the is also offering a great sign-up bonus.

You can earn up to 10,000 bonus points:

  • 5,000 after you spend at least $500 in the first 3 months, and
  • 5,000 after signing up for e-statements.

And you’ll also earn 4 points per $1 spent on gas, groceries, and restaurant purchases in the first 3 months.

On top of that, you’ll earn MBNA Points at these great regular rates:

  • 2 points per $1 on gas, groceries, and restaurants (up to $5,000 spent annually in each category), and
  • 1 point per $1 on all other purchases.

Pretty sweet for a no fee card.

And what’s more, this card has no income requirements, making it available to more Canadians.

50,000 points and a free night stay every year

Getting free flights is great, but what happens once you get to your destination? Wouldn’t it be nice to save on your hotel bill as well?

That’s where the comes in.

To get you started, you’ll earn a welcome bonus of up to 50,000 points when you spend $1,500 in the first 3 months. That’s enough points for 3 free nights at a category 2 hotel.

And here’s what you’ll earn on all of your purchases:

  • 5 points per $1 spent at Marriott properties, and
  • 2 points per $1 spent on all other purchases.

Your Marriott Bonvoy points will get you staying at Marriott hotels for free in no time. And with over 7,000 properties worldwide, it shouldn’t be hard to find a place to stay no matter where you travel.

The card comes with these great Marriott Bonvoy perks as well:

  • free night stay every year on your card’s anniversary (worth up to 35,000 points),
  • automatic Silver Elite status,
  • Gold Elite status after spending $30,000 annually, and
  • 15 Elite Night credits every year.

That free night every year is enough to pay for the $120 annual fee and likely quite a bit more depending on the hotel you choose. On top of all that, the Silver Elite status makes your stays even better by giving you bonus points and priority check-in.

10% cash back and the first year free

One of the top cash back cards in Canada is also running a great sign-up bonus.

The is offering 10% cash back on absolutely all your purchases in the first 3 months, up to $2,000 in spending. That’s a potential $200 in rewards.

Plus, you don’t have to dish any of it out on an annual fee, because you’ll be getting it waived for the first year.

After your honeymoon period is over, you’ll be earning 3% cash back on gas, groceries, and recurring bills – capped at $15,000 in spending per year for each category. Afterwards, and on all your other purchases, you’ll get a straightforward 1% back.

One of the best features of this card? Complimentary roadside assistance.

And with winter here, you won’t have to worry about getting stranded in the dead cold of a Canadian winter should your car break down…it’s definitely a handy feature to have for road trips should you find yourself in a pickle.

25,000 bonus points, no foreign exchange fees, and great travel perks

For a card that offers great perks, the will give you flexible travel rewards and much more.

To get you started, you can earn a welcome bonus of 25,000 points after spending $1,000 in the first 3 months. That’s worth $250 when redeemed for travel through Scotia Rewards.

On top of that, earn points on your everyday purchases:

  • 2 points per $1 on groceries, restaurants, entertainment, and travel, and
  • 1 point per $1 spent on everything else.

Where this card really shines in rewards is the annual bonus it hands out. Spend $40K per year on this card and you’ll get a 10,000 point bonus. For every $10K you spend above that, get another 2,000 bonus points.

But its best feature? It charges no foreign transaction fees. Save yourself the usual 2.5% fee on purchases made in currencies other than CAD that other cards charge. In fact, it’s one of our top rated foreign transaction fee credit cards in Canada right now.

Throw in great insurance – including travel insurance coverage for anyone over 65 – and a priority pass membership with 6 free visits, and you’ll be able to relax and put your mind at ease while you’re out travelling.

25,000 bonus points with our best Aeroplan credit card

Want the best of the best when it comes to Aeroplan cards? Look no further than the .

Even though it doesn’t earn Aeroplan miles directly, you can transfer your Amex Membership points at a 1:1 ratio to Aeroplan.

But what makes this card our top Aeroplan card? It’s all in the earn rates. First, the permanent welcome bonus – earn 25,000 points after spending $1,500 in the first 3 months.

More than the welcome bonus, the every day earn rates can’t be beat either:

  • 2 points per $1 on gas, groceries, drugstores, and travel, and
  • 1 point per $1 on all other purchases.

No other Aeroplan card is offering 2 points per $1 on essentials like gas and groceries.

To make things better, when you go to redeem your points, if Aeroplan doesn’t have options that suit you, the full suite of Amex Membership Rewards options are at your disposal, including:

  • transfer points to 5 other airlines,
  • redeem for flights using the Fixed Points Travel Program,
  • transfer points to Marriott Bonvoy and Hilton Honors, and
  • redeem points for any travel purchase made to the card.

It’s one of the most flexible rewards programs out there today.

We want to hear from you

What deal will you take advantage of this month?

Is there one we haven’t mentioned?

Let us know in the comments below.