Mastercard credit cards
We compare 40 Mastercard credit cards from 13 Canadian issuers. Annual fees range from $0 to $199. Sorted lowest annual fee first.
Updated October 2026
Mastercard credit cards compared
Mastercard is widely accepted in Canada, including at Costco, where it’s the only credit card network accepted in store. These are the Mastercard cards we track.
5x on Blue Rewards partners (incl. Blue Rewards Travel)
- No annual fee, with free supplementary cards
- 5 points per dollar at 400+ Blue Rewards partners, including Blue Rewards Travel
- Welcome bonus needs just $1,500 of spending in 110 days
1.5% on gas stations
- No annual fee, and employee cards are free
- 1.5% cash back on gas, phone and internet bills and office supplies
- 1.75% back at Shell stations in Canada
3% on groceries
- 3% cash back on groceries with no annual fee
- 1% back on recurring bills
- Recommended credit score of 600+ suits newer borrowers
0.5x on all purchases
- No annual fee and free supplementary cards
- 1.5% foreign transaction fee, below the 2.5% most cards charge
- Up to 30 points per dollar at Brim partner merchants
2x on travel via CIBC by Expedia
- No annual fee, including up to 3 additional cards
- 1.5x in your top 3 spending categories, picked automatically each month
- Complimentary roadside assistance membership
3% on restaurants
- 3% back at restaurants and Costco gas stations
- No annual fee and no limit on total cash back
- Mobile device insurance included
2% on restaurants
- 2% cash back on restaurants, entertainment and transit, with no annual fee
- Travel medical coverage for trips of up to 3 days
- Mobile device insurance up to $1,000
2x on groceries
- No annual fee, including up to nine additional cards
- 2x points on groceries, restaurants, digital media and utilities
- Yearly birthday bonus of 10% of points earned, up to 10,000
12.99% purchase interest rate
- No annual fee
- 12.99% interest rate on purchases
- 0% promotional interest on balance transfers for 12 months
1% on everyday spending
- Earns cash back while you build credit
- No annual fee on the standard tier
- Reports to the credit bureaus
1% on everyday spending
- No annual fee on the standard card
- Partner merchants pay an average of about 5% cash back
- Up to $75 cash back as a welcome offer
2% on groceries
- No annual fee
- 2% cash back on groceries, gas and recurring bills, up to monthly limits
- Choice of three cash back plans at signup
45x on Shoppers Drug Mart / Pharmaprix
- 45 points per dollar at Shoppers Drug Mart and Pharmaprix
- 30 points per dollar at Loblaw banner stores and Joe Fresh
- No annual fee, with free additional cards
2% on grocery store purchases
- No annual fee
- 2% cash back on the first $6,000 of groceries each year
- Redeem cash back any time once you have $25
2% on U.S. dollar purchases
- 2% cash back with a qualifying Rogers, Fido, Comwave or Shaw service
- No annual fee and up to nine free supplementary cards
- 1.5x bonus when you redeem toward Rogers-family purchases
3% on US-dollar purchases
- No annual fee with World Elite benefits
- 3% back on US-dollar purchases, above the 2.5% FX fee
- 1.5% cash back on everything else
2% on groceries (a 2% category)
- Choose your own 2% cash back categories
- Third 2% category when rewards go to a Tangerine Savings Account
- Cash back paid monthly with no minimum
2% on 2 categories of your choice
- 2% cash back in 2 or 3 categories you choose, with no cap
- No annual fee
- Mobile device and rental car insurance
4% on Canadian Tire, Sport Chek, Mark's, Party City & partner stores
- No annual fee
- 4% back in CT Money at Canadian Tire family stores
- 3% on groceries, up to $12,000 a year
3% on Walmart purchases
- 3% back on Walmart purchases, in store and online
- No annual fee
- Reward Dollars never expire and redeem with no minimum
13.99% purchase interest rate
- 13.99% purchase interest rate
- 0.99% introductory balance transfer rate for 9 months
- $29 annual fee waived in the first year
1.5x on WestJet flights, WestJet Vacations & Sunwing Vacations
- Low $39 annual fee
- Annual round-trip companion voucher from $199
- Voucher renews with just $2,500 of spending a year
2x on Porter Airlines purchases
- Annual voucher for 35% off the base fare of one Porter booking
- Automatic VIPorter Passport status with early boarding
- $89 annual fee waived in the first year
1x on all purchases
- First year free, then $89 a year
- 1.5% foreign transaction fee instead of the more common 2.5%
- Event ticket, hotel burglary, mobile device and rental car coverage
United MileagePlus Neo World Elite Mastercard
See detailsfrom Neo Financial$89 annual feeRates & fees1.25x on United Airlines & Star Alliance flights
- Free first checked bag on United-operated flights
- Group 2 priority boarding on United-operated flights
- At least 10% off United award flights
1x on all purchases
- 1.5% foreign transaction fee, below the 2.5% most cards charge
- Broad insurance, including mobile device and event ticket coverage
- Up to 30 points per dollar at Brim partner merchants
1.5% on all purchases
- Flat 1.5% cash back with no categories to track
- Mastercard Travel Pass access to 1,300+ airport lounges
- 12 months of complimentary DoorDash DashPass
4% on groceries
- 4% cash back on the first $10,000 of groceries a year
- 3% on restaurants, entertainment and alternative transportation
- Mobile device insurance up to $1,500
5% on groceries
- 5% cash back on the first $500 of groceries each month
- 4% on transit and 3% on gas and EV charging
- Travel medical, trip cancellation and rental car insurance
5x on groceries
- 5 points per dollar in five everyday categories
- Annual birthday bonus of 10% of points earned, up to 15,000
- High $50,000 annual cap in each 5x category
3% on groceries
- 3% in BONUSDOLLARS on groceries and restaurants, up to annual limits
- Travel insurance for trips of up to 60 consecutive days
- 8 free lounge passes a year at Montreal-Trudeau airport
5x on Air France & KLM flights
- Earns Flying Blue miles, with 5 miles per euro on Air France and KLM flights
- 30 Flying Blue XP added every year on renewal, toward elite status
- $132 annual fee waived in the first year under the current offer
2x on travel & Gas & Groceries & Transit
- 2 points per dollar on travel, gas, groceries and transit
- 1.5 points per dollar on everything else
- Free checked bag benefit
4x on gas & Office Supplies & Phone & Internet
- 4x points on gas, office supplies, and phone and internet bills
- 1.5 points per dollar on all other purchases
- Annual fee waived in the first year
5x on travel
- 5 points per dollar on travel purchases
- 3 points per dollar on dining, entertainment and recurring bills
- Airport lounge passes through Mastercard Travel Pass
2x on groceries & Gas & EV Charging & Wholesale & Alcohol
- 2x points on groceries, gas, EV charging, wholesale and alcohol
- $150 annual fee waived in the first year
- Includes airport lounge access and a NEXUS rebate
5x on groceries & Dining
- 5 points per dollar on groceries and dining
- 2 points per dollar on gas, EV charging, bills and travel
- Airport lounge access
6x on WestJet flights
- Up to 6 WestJet points per dollar on WestJet flights
- Instant WestJet Rewards Silver status
- Two free checked bags for you and up to 8 guests
Cathay World Elite Mastercard – Powered by Neo
See detailsfrom Neo Financial$180 annual feeRates & fees2x on Cathay Pacific flights
- Earns Asia Miles directly, unique among cards on our site
- 2 miles per dollar on Cathay Pacific flights and foreign purchases
- 10% off Cathay Pacific flights with a discount code
3x on Porter
- 3x points on Porter purchases
- 2x points on travel, groceries and dining
- Annual fee waived in the first year
Questions
How many Mastercard credit cards does CreditLab compare?
We compare 40 credit cards in this category from 13 issuers, with fees from $0 to $199 a year. Each one links to a full breakdown of its fees, rates and features.
Are there Mastercard options with no annual fee?
Yes. 20 of them have no annual fee, including the BMO Blue Rewards Mastercard, BMO CashBack Business Mastercard, BMO CashBack Mastercard.
More credit cards by category
Fees and rates come from each issuer’s published terms. Always confirm with the issuer before applying. See our methodology.