Earlier in the year, we sent out a press release that named the best credit cards in Canada in 16 different categories.

How did we get our winners, you ask? Well, first, we read the fine print of more than 150 credit cards and compared over 50 features of each one. Then with our fine-tuned, math-based comparison engine, we raked them out of five – giving us our final Genius Rating. (The best part? Our rating is not influenced by money or our partners.)

Thanks to this Genius Rating, 16 different awards were handed out to the best of the best and with 2017 coming to an end, we thought it would be fitting to take a look back at these 16 awards and the cards that captured the titles.

And the winner is…

Best Travel

Best Travel

Travel rewards often give you the biggest bang for your buck, and the American Express Cobalt is no exception. This card gives card holders a solid mix of everything: Flexible rewards that can be used for any type of travel (with fixed-point flights being the highest value), up to $700 in sign up bonuses, and 9 different types of purchase and travel insurance. With all those perks and the ability to earn up 5 points for every dollar spent, It’s pretty clear to see why this card earns the top spot as a travel card.

Find out more here:

See ALL Best Travel Credit Cards

Best No Fee Travel

Best No Fee TravelAll the best travel cards come with not only premium benefits, but they also come with pretty steep price tags. However, that doesn’t mean a no fee travel card is impossible to find. No fee travel cards are a great way to get your feet wet and the best of those cards is the CIBC Aventura Visa Card. This card gives cardholders the ability to earn travel rewards that can be used on any airline, 4 different types of travel and purchase insurance, a nice little sign up bonus and 24/7 Concierge Service (which is very rare for a no fee card).

Find out more here:

See ALL Best No Fee Travel Credit Cards

Best Cash Back

Best Cash Back

Wouldn’t it be nice to get paid for all the purchases you make? Cash back cards can make that happen for you. The MBNA Rewards World Elite Mastercard is the number one cash back card in Canada, and simply by using it to make purchases, you will earn 2% cash back directly back into your pocket! And here’s more: $100 sign up bonus, no limits or tiers on the cash back you earn, redeem any time and any way you want, and 8 different types of insurance included are just a few of the great things this card has to offer.

Find out more here:

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Best No Fee Cash Back

Best No Fee Cash Back

Is there anything better than free money? Free cash in your pocket with no strings attached. No fee cash back cards will give you that. The Rogers Fido Mastercard is the Best No Fee Cash Back card, and for good reason. No fee cash back cards are great if you spend lower than $1,500 on your card, but still want to be rewarded for your spending. The Fido Mastercard is a nice and simple way to do that: a welcome bonus, 1.5% cash back and 4% cash back on foreign transactions.

Find out more here:

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Best Rewards

Best Rewards

Maybe what you really want, is a card that is simply going to give you the biggest bang for your buck. You want the card that will give you the most value, whether you are getting travel rewards or flexible rewards. Well, the American Express Cobalt card will give you exactly that – valuable rewards. Cobalt Rewards can be used for virtually anything, and when they are used for fixed point flights, they give cardholders the most value. It is thanks to these great rewards and exclusive perks, that the Cobalt card comes out on top.

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Best Aeroplan

Best Aeroplan

Despite the Aeroplan Loyalty program being up in the air right now because of changes coming in June 2020, Aeroplan is still one of the most popular airline rewards programs in Canada and Aeroplan credit cards are still the cards that savvy budget world-travellers tend to choose. This is especially true in the case of the number one Aeroplan card: The American Express Gold Rewards card. With a huge sign up bonus, flexible rewards that can be redeemed for pretty much anything, and a comprehensive insurance package, it’s easy to see why this card is #1.

Find out more here:

See ALL Best Aeroplan Credit Cards

Best AIR MILES

Best Air Miles

The number one AIR MILES credit card in Canada right now is by far the BMO AIR MILES World Elite Mastercard. Not only does this card give cardholders 1 Mile for every $10 spent on all purchases, it also comes with a sign up bonus that is enough for two short-haul flights, concierge service and lounge access, and more types of insurance than any other card on the market right now – 14 out of 16 types. As if that wasn’t enough, you can try this card for one year for free!

Find out more here:

See ALL Best AIR MILES Credit Cards

Best Low Interest

Best Low Interest

Low interest rate credit cards are great for people who tend to leave a balance on their credit card. If you are late and don’t pay your credit card balance in full every month, you’re going to be charged interest. Most cards charge around 20% in interest, and if you’re paying that a few times a year, or every month, that can really add up. So, why not get yourself the best low interest rate card on the market – the Desjardins Odyssey Visa Infinite Privilege is definitely that card, if you can meet the super high income requirements. Great rewards, great insurance, and an interest rate of only 9.9% on purchases and cash advances.

Find out more here:

See ALL Best Low Interest Credit Cards

Best Balance Transfer

Best Balance Transfer

Or perhaps you are sitting on some pre-existing credit card debt and you are looking for a way out, a balance transfer card could be something worth looking into. Most balance transfer cards will give you 6 to 10 months of really low interest rates on balance transfers. However, the #1 Balance Transfer card in Canada, the MBNA Platinum Plus Mastercard, will give you 12 whole months of 0% Balance Transfer interest. That’s 12 months to get your finances in order – And you don’t even have to pay an annual fee!

Find out more here:

See ALL Best Balance Transfer Credit Cards

Best US Dollar

Best US Dollar

US Dollar credit cards are great if you make a lot of purchases in US funds or you travel to the United States a lot for work or play and if you have a US Dollar bank account or income. Because US Dollar credit cards are in US funds, cardholders are not charged foreign transaction fees, but this also means that bill payments need to be made in US funds. While all the US Dollar cards are pretty similar, the RBC U.S. Dollar Visa Gold is the only card that allows card holders to earn rewards, making it the clear winner in this category.

Find out more here:

See ALL Best US Dollar Credit Cards

Best Store

Best Store

Store credit cards can often have a reputation for only being useful at one particular store and for having very high interest rates. However, store cards can really be worth it for some people. With that in mind, the Scotiabank GM Visa Infinite Card, the winner of the Best Store credit card in 2017, could make a lot of sense for anyone considering purchasing a GM vehicle soon. This card allows cardholders to earn up to 5% towards your next GM vehicle, plus gives them lots of benefits to go along with it.

Find out more here:

See ALL Best Store Credit Cards

Best Foreign Exchange

Best Foreign Exchange

You might not realize this, but with most credit cards, anytime you make a purchase in a foreign currency, you are charged a fee, often around 2.5%. Who likes paying 2.5% when they don’t need to? And it is because of this that cards with no foreign transaction fees are pretty highly sought after. There are only a few currently on the Canadian market, but lucky for us, the card that takes the number 1 spot, the Rogers Platinum Mastercard, is actually a great low-fee cash back card on top of that.

Find out more here:

See ALL Best Foreign Exchange Credit Cards

Best Student

Best Student

Getting your first credit card can be exciting and stressful, but as long as you approach it with the correct mindset and remember that credit cards are not borrowed money, credit cards can be extremely rewarding and set you on the right path financially. But why settle for just any student credit card? Don’t you want the best of the best? If so, the RBC Visa Platinum Avion is that card. Big signup bonus, flexible rewards and 10 different types of insurance is why.

Find out more here:

Looking for a $0 fee cash back card? Look no further because the BMO SPC CashBack Mastercard is our solid runner-up:

See ALL Best Student Credit Cards

Best Flexible

Best Flexible

Do you like being in charge of your rewards? Do you like being able to dictate what you use your rewards on? If so, a flexible rewards card is probably right up your alley. The best flexible rewards cards will give you rewards that can be redeemed based on your needs at the time – travel, merchandise, cash back, and even investments and donations. At the very least you won’t be locked into one airline or be stuck with limited availability. Once again, the Amex Cobalt comes out on top. The rewards that this card gives you can be used for virtually anything. Just log into your mobile app and use your points to pay for the purchase you just made.

See ALL Best Flexible Credit Cards

Best Perks

Best Perks

Sometimes Perks can make or break a credit card. It’s undeniable that rewards are great, but all that other “stuff” can take your credit card to the next level. The #1 card in this category is the Desjardins Odyssey Visa Infinite Privilege. For starters, this card has the best insurance package out there (and even has travel insurance up to age 75) and all the benefits that comes with being a Visa Infinite Privilege card. Plus, a Priority Pass membership and 6 airport lounge passes add to appeal of this card.>

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Best Overall

Best Overall

The best overall credit card is exactly that – the best credit card in Canada. We wanted to find out what card comes out on top when you take every aspect into consideration. All features, all cards. The result wasn’t overly surprising. The Cobalt card has some of the highest earn rates in Canada on groceries and restaurants, no minimum income requirement, an impressive sign up bonus, exclusive Cobalt Perks and all the other perks that come along with being an American Express cardholder. There is a reason this card comes out on top in 3 other categories.

See ALL Best Overall Credit Cards

There you have it…

The best of the best.

If you’re in the market for a new credit card, this list is a great place to start.

Do you have a favorite credit card that you don’t see here?

Let us know in the comments what card you consider to be one best cards in 2017.