Best credit card offers (March 2021)

These are the best current credit card offers overall for March 2021, based on the value of the welcome bonus. The more serious you want to be with your travel rewards strategy, the more you’ll focus on the welcome bonus offers.

We’ve summarized the best credit card offers in one table and we give you more details about each one below.

Check out our full ranking of the best credit cards in Canada for 10 specific categories and the best credit cards for every specific traveler (and more information about how our card rankings work).

Best credit card offers
(June 2021)
WELCOME
BONUS
Best
for
American Express Cobalt Card
minimum income required: $0
spend $500/mo for 12 mos.
Big
spenders
or beginners
Marriott Bonvoy American Express Card
minimum income required: $0
spend $3k in 3 mos.
All
travelers
a must-have card
limited time
BMO eclipse Visa Infinite Card
minimum income required: $60k
spend $3k in 3 mos.
Easy
credits
simple rewards
SimplyCash Preferred Card from American Express
minimum income required: $0
spend $4k in 4 mos.
Cashback
fans
who spend more
American Express Aeroplan Reserve Card
minimum income required: $0
spend $3k in 3 mos.
Frequent Air Canada
travel
for VIP benefits
BMO AIR MILES World Elite MasterCard
minimum income required: $80k
spend $3k in 3 mos.
AIR MILES
Rewards
collectors
Scotiabank Gold American Express Card
minimum income required: $12k
spend $1k in 3 mos.
Lower spend
or lower income
5x & insurance
ends August 31st
Terms and conditions apply. Flytrippers editorial opinion only. Financial institutions are not responsible for maintaining the content on this site. Please click "See More" to see most up-to-date information.
Best credit card offers
(June 2021)
American Express Cobalt Card American Express Cobalt Card
minimum income required: $0
WELCOME BONUS
spend $500/mo for 12 mos.
Best for: Big spenders
or beginners
Marriott Bonvoy American Express® Card Marriott Bonvoy American Express Card
minimum income required: $0
WELCOME BONUS
limited time
spend $3k in 3 mos.
Best for: All travelers
a must-have card
BMO eclipse Visa Infinite* Card BMO eclipse Visa Infinite Card
minimum income required: $60k
WELCOME BONUS
spend $3k in 3 mos.
Best for: Easy credits
simple rewards
SimplyCash Preferred Card from American Express® SimplyCash Preferred Card from American Express
minimum income required: $0
WELCOME BONUS
spend $4k in 4 mos.
Best for: Cashback fans
who spend more
American Express® Aeroplan®* Reserve Card American Express Aeroplan Reserve Card
minimum income required: $0
WELCOME BONUS
spend $3k in 3 mos.
Best for: Frequent Air Canada travel
for VIP benefits
BMO AIR MILES®† World Elite®* MasterCard®* BMO AIR MILES World Elite MasterCard
minimum income required: $80k
WELCOME BONUS
spend $3k in 3 mos.
Best for: AIR MILES Rewards
collectors
Scotiabank Gold American Express® Card Scotiabank Gold American Express Card
minimum income required: $12k
WELCOME BONUS
ends August 31st
spend $1k in 3 mos.
Best for: Lower spend or lower income
5x & insurance
Terms and conditions apply. Flytrippers editorial opinion only. Financial institutions are not responsible for maintaining the content on this site. Please click "See More" to see most up-to-date information.

American Express Cobalt™ Card

This is by far the best current credit card offer in Canada, since its the best-ever offer on one of the best cards: it earns a phenomenal 5 points per dollar at many retailers (5% back as an easy credit or ≈ 5.4% and more as Marriott points).

Best for: travelers who can spend a bit more or want 5X the points.

American Express Cobalt Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $500/month for 12 months
& an extra $1,5,000 in first 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
American Express Cobalt Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $500/month for 12 months
& an extra $1,5,000 in first 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

The American Express Cobalt Card is amazing, but especially if you can spend a bit more on a card—or if you don’t want to maximize your rewards and plan on just getting one card per year.

That’s because it has an excellent earn rate and the welcome bonus is different than all the others: instead of having a minimum spend amount in the first 3 months, you need to spend $500 per month the first year to maximize it (with a special increased offer giving you an even bigger bonus if you spend an extra $1,500 in the first 3 months).

That gives you a ton of points though, especially if you spend a lot at the grocery store (for groceries… or for gift cards to other retailers), because it earns an incredible 5 Amex Select points per dollar (easy-to-use travel credit worth 5%)!!! But it’s actually with the American Express Cobalt Card that I earn a vast majority of my many Marriott points for free hotels (5 Amex Select points = 6 Marriott points), and Marriott points are a lot more valuable.

There is currently the first improved welcome bonus offer since the card launched and it’s the best time to get it: you can’t go wrong with the best offer ever seen on this card (and a card that was already among the best in Canada).

Marriott Bonvoy™ American Express® Card

Simply one of the best, a must-have card for Canadian travelers as it provides exceptional value with its Welcome Bonus (up to 8 completely free hotel nights) and ongoing yearly benefits.

Best for: all Canadian travelers who don’t have it yet.

Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

The Marriott Bonvoy Card is one that every traveler should have, with its amazing welcome bonus of up to 8 completely free hotel nights in many countries (that doesn’t expire as long as you use your card once per year).

It’s also great for beginners specifically, because with the annual free night certificate in luxurious hotels all around the world, it’s a card you should never cancel. That will build up the length of credit history component of your credit score.

And even if you don’t want to stay in Marriott hotels, as an alternative, the Welcome Bonus alone is almost enough to be transferred to 25,000 Aeroplan points. That would still make this welcome bonus worth ≈ $211 based on our Flytrippers Valuation and give you the amazing free night certificate going forward.

BMO eclipse Visa Infinite* Card

A great new card with one of the best earn rates on the Visa network, at 3.33% at many retailers.

Best for: travelers who want easy credits and simple rewards.

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The BMO eclipse Visa Infinite* Card is an all-new option, perfect for those who can spend a little bit more on a card in the first 3 months. And also perfect for those who don’t want to deal with more valuable but more complicated variable-value rewards.

BMO Rewards points are a simple travel credit and you also get lifestyle credits that apply to literally any expense. That is the very lucrative welcome bonus, and the card has one of the best earn rate in Canada on some purchase categories.

SimplyCash™ Preferred Card from American Express®

The highest current welcome bonus offer for simpler cashback and a simple at-large 2% earn rate everywhere.

Best for: travelers who want cashback.

Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

We don’t often recommend cashback cards (as they rarely have welcome bonuses and welcome bonuses are the key) but the SimplyCash Preferred Card has the benefit of offering an interesting bonus.

The offer is that you get 10% back on your first $4,000 spent in 4 months, so $400. There’s a fee of $99, so that’s a net of $301 in free travel, which is really not bad at all. But $4,000 is quite a lot and could be used to unlock 2 welcome bonuses instead of just one.

If you really insist on having cashback but can’t spend $4,000, there is another option but only for those who earn over $60,000: the Scotiabank Momentum Visa Infinite* Card gives you $200 cashback if you spend $2,000 (same for the BMO CashBack® World Elite®* Mastercard®* if you earn $80,000).

American Express® Aeroplan®* Reserve Card

A premium card with unlimited Air Canada lounge access in North America and benefits designed for Aeroplan members with elite status.

Best for: travelers who want luxury travel benefits on Air Canada.

Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

TBD

BMO AIR MILES®† World Elite®* MasterCard®*

The highest current welcome bonus offer on AIR MILES credit cards.

Best for: travelers who want AIR MILES Rewards.

Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

The BMO AIR MILES®† World Elite®* MasterCard®* currently has the best welcome bonus offer for AIR MILES Rewards. These are best used for short-haul flights and car rentals, not as cashback-type rewards. You can easily get 20% (or more) in additional value that way.

But even as cash-back, this is the best welcome bonus available for those who don’t want to spend $4,000 in 4 months on the SimplyCash Preferred Card.

With the current offer, after unlocking the Welcome Bonus with $3,000 spent, you’ll have 2,300 AIR MILES miles. That’s worth ≈ $276, or a minimum of $242 as Cash Rewards if you prefer simplicity over value.

Scotiabank Gold American Express®* Card

An amazing card with great travel insurance, 5% back at many retailers, and no foreign transaction fee.

Best for: travelers who have lower income or lower spending.

Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

tbd

HSBC +Rewards™ Mastercard®

A rare card with a welcome bonus and a lower interest rate.

Best for: travelers who need lower interest rates.

Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

tbd

HSBC World Elite® Mastercard®

A great card.

Best for: travelers who need a no foreign transaction fee card and can’t wait.

Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Marriott Bonvoy American Express® Card
Flytrippers Valuation
of Welcome Bonus alone
≈ $
minimum income
requirement: $0
spend $3,000
in 3 months
Terms and conditions apply. Flytrippers editorial opinion only. Amex is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

tbd

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All offers described on the Flytrippers website are subject to the financial institutions’ latest terms and conditions that can be found on their website. No efforts are spared to ensure this page is up to date, but offers from financial institutions change quickly. It is your responsibility to ensure the accuracy of these offers on their website. Flytrippers will not accept any responsibility for the accuracy of the offers or the result of your actions.

Flytrippers’ website does not contain all available credit card offers or all available credit card products on the market. Flytrippers never shares an offer if it is not considered advantageous for certain travelers, at its sole discretion.

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