Canada's Best Credit Cards of 2016 - MoneySense

Canada’s Best Credit Cards 2016

Find which ones offer you more rewards and more cash back, based on the way you spend


We take pride in being your money coach and we regularly preach about the dangers of running up a high-interest balance on your credit cards. But use your card wisely, with disciplined payments and the right rewards program and you are sure to come out ahead. Besides, it’s hard to function without a credit card; when was the last time you tried to book a hotel room, rent a car or book a flight online without one? In responsible hands, credit cards can be a powerful tool to help you monitor and manage your purchases, with some rewards as gravy on top. Each year, we put together this package with fresh updates to our online MoneySense Credit Card Finder to help Canadians match their spending habits with the most appropriate card. The right one for you might be cash back, retail rewards or travel cards that will help you see the world. To see the winning cards and runners-up in each category, see the links below.

Read more:

Expert hacks to boost loyalty points »

Canadians are most satisfied with these cards »

Knock 10% off your credit card balance »

Two cash-back cards are better than one »

Best cash-back cards »
Best low rate cards »
Best retail rewards cards »
Best student cards »
Best travel rewards cards »
Best business cards »

Published by MoneySense™ magazine, the Canada’s Best Credit Cards 2016 ranking evaluated certain credit cards on category-specific criteria, based on publicly available data as of July 2016. Usage assumptions made to calculate the value of the rewards may not reflect your own use. The Canadian credit cards available and the specific credit card terms may have changed since the data was compiled. Canada’s Best Credit Cards 2016 ranking is created for information purposes only and is not intended as financial advice. The information provided is not guaranteed and no representations or warranties can be made as to the accuracy or completeness of such information. Visit for full CCBC16 methodology.

Publié par le magazine MoneySenseMC, le classement Canada’s Best Credit Cards 2016 a évalué certaines cartes de crédit canadiennes selon des critères liés à une catégorie en fonction de données accessibles au public en date de août 2016. Les hypothèses sur l’utilisation qui ont servi à calculer la valeur des récompenses peuvent ne pas refléter votre propre utilisation. Les cartes de crédit canadiennes offertes et les modalités propres aux cartes de crédit peuvent avoir été modifiées depuis la compilation des données. Le classement Canada’s Best Credit Cards 2016 est créé aux fins d’information seulement et n’a pas pour but de donner des conseils financiers. L’information fournie n’est pas garantie et il n’y a aucune représentation ni garantie à l’égard de l’exactitude et de l’exhaustivité de l’information. Méthodologie du palmarès Canada’s Best Credit Cards 2016: