EarningMiles & Points

Canada’s 31 Best Credit Card Offers for November 2022

Canada's 31 Best Credit Card Offers for November 2022

If you’re out there for a brand new bank card, it’s necessary to contemplate the welcome bonus that the bank card is providing. This is a one-time incentive to encourage you to use for the cardboard, solely obtainable in your first 12 months with the cardboard.

The signup bonus is a giant a part of the worth you’ll get from a brand new bank card, above and past its core options, at the very least within the first 12 months. Often the signup bonus will affect your choice to use, maybe much more strongly than the cardboard’s different qualities.

Here are the most effective bank card gives in Canada for November 2022.

What’s Happening This Month?

There’s been numerous motion this month, as the tip of the excessive American Express summer season gives has made room for a brand new chief to emerge. Here’s a abstract of a few of this month’s highlights, together with elevated bonuses and key deadlines to pay attention to:


This record is an opinionated rating of the most effective bank card gives in Canada, primarily based on a number of key elements that we use to guage the enchantment of a signup bonus.

First and foremost, we have a look at the internet worth you’ll be able to count on to earn if you apply for the cardboard. This is the worth of any first-year bonuses, rebates, and offers, minus annual charges. Rewards factors are adjusted to a money worth primarily based on our Points Valuations.

Next, we contemplate how straightforward it’s to earn the welcome bonus. Cards could get a lift for a low spending requirement, or a protracted timeline to satisfy the spending threshold to qualify for the bonus. Meanwhile, they might get dinged for a excessive spending requirement, service provider class spending necessities, or drawn-out recurring month-to-month necessities.

All else being equal, we desire playing cards with low annual charges. Any card with a first-year annual payment waiver, providing a bonus above a sure worth, is a candidate for this record. However, the full first-year worth of the supply is a much bigger issue, as you’ll be able to earn factors quicker and nonetheless come out forward by paying excessive annual charges for playing cards with bigger signup bonuses.

Finally, we could give a card a slight enhance if its supply is considerably higher than regular, or if we just like the long-term options of the cardboard. However, this record is usually decided by what you’ll be able to achieve within the first 12 months with a brand new bank card, in comparison with different offers obtainable now.

TD Aeroplan Visa Infinite Privilege Card

TD’s premium Aeroplan card is providing the strongest bonus in Canada proper now.

As a plus, there’s no month-to-month requirement to maintain monitor of. Instead, the full required spending is kind of excessive, at $12,000, however that is mitigated by the truth that you have got a full 12 months to satisfy this threshold.

Between a traditionally excessive factors complete and a comparatively simple spending requirement, now could be a good time to use for this card.

Business Platinum Card from American Express

Not surprisingly, the Business Platinum Card from American Express is among the many cream of the crop.

While this premium Amex card comes with a excessive annual payment, it’s effectively price it, as it can simply be offset by the worth of the big signup bonus. Plus, you could even discover long-term worth in retaining the cardboard because of its best-in-class perks, together with in depth lounge entry, complete journey insurance coverage, and beneficiant refer-a-friend bonuses.

The supply remains to be glorious regardless of coming down from its current all-time excessive. If you’re trying to rack up factors shortly, it’s certainly an ideal place to start out.

American Express Aeroplan Business Reserve Card

The enterprise variant of Amex’s premium Aeroplan card is definitely providing a better first-year worth than the Business Platinum Card.

However, the up-front chunk of factors is decrease. You’ll need to maintain month-to-month spending for a full 12 months to unlock the complete worth of the welcome bonus.

If that fits your wants, this card could be a wonderful selection. If not, although, the full factors you’d earn may be decrease, and a premium private card could be a greater match.

American Express Business Gold Rewards Card

The American Express Business Gold Rewards Card can be providing a really sturdy bonus. At 75,000 Membership Rewards factors, this supply is the usual high-water mark for this card.

It’s easy to earn the bonus, with a spending requirement of $5,000 in three months on any class of purchases. With the gives on different Amex playing cards coming down whereas the Business Gold stays excessive, now could be time so as to add this one to your assortment.

American Express Aeroplan Reserve Card

The American Express Aeroplan Reserve Card gives an identical complete bonus because the Business Platinum Card. However, with a month-to-month spending requirement, you do need to be sure to hit the edge in every of the primary six months to realize the complete bonus.

With the welcome bonuses separated by a hair, the selection between a premium Aeroplan card or a Platinum card will possible come right down to your choice for all-around journey advantages or staunch Air Canada loyalty.

American Express Business Edge Card

With a low annual payment of $99, this card is an efficient possibility if you happen to’re trying to rack up factors at a low value.

Still, you’ll face the identical $5,000 spending requirement because the Business Gold Rewards Card, however with a smaller welcome bonus.

Note that you just’ll must maintain spending of $3,000 per thirty days to earn the ultimate 12,000 MR factors, a prospect which I’d advocate forgoing in favour of higher methods to earn factors on different playing cards.

American Express Cobalt Card

The American Express Cobalt Card is a favorite for on a regular basis incomes, with an unbeatable 5x charge on groceries and eating places. The card is arguably extra engaging for its keeper enchantment than it’s for its signup bonus.

Still, the worth of the welcome supply is price making use of for, now with an elevated welcome bonus. There’s by no means a foul time so as to add a Cobalt Card to your rotation.

American Express Aeroplan Card

The American Express Aeroplan Card is yet one more mid-tier Amex with a good welcome bonus.

Despite its decrease annual payment, there’s a modest month-to-month spending requirement, which can be a minor trouble to trace for restricted achieve. While the worth of the supply is kind of sturdy, I’d sooner select an MR card to earn factors in a extra simple method, or a premium Aeroplan card for higher advantages.

American Express Platinum Card

The private Platinum Card is providing an honest welcome bonus, at a complete of 85,000 Membership Rewards factors.

However, a giant chunk of these factors are earned within the second 12 months. With a premium annual payment (which you’d need to pay twice) and a excessive spending requirement, there are different premium playing cards that may get you extra mileage on your efforts.

RBC Avion Visa Infinite

Departing now from the Aeroplan ecosystem, the RBC Avion playing cards are all providing elevated bonuses proper now.

You can earn 55,000 Avion factors upon spending $5,000 within the first six months. That’s by far the very best bonus we’ve ever seen on the cardboard. While the spending requirement is excessive, you’ll have a protracted timeframe to satisfy it.

While you’ll earn extra factors extra shortly with Amex playing cards and Aeroplan factors, RBC Avion playing cards are an effective way to increase into the Oneworld airline alliance. You can use your Avion factors to complement your Amex MR switch to British Airways Avios or Cathay Pacific Asia Miles, or for the distinctive capability to transform to American AAdvantage miles.

RBC Avion Visa Platinum

If your earnings doesn’t qualify for the RBC Avion Visa Infinite, you may as well apply for the RBC Avion Visa Platinum, with the identical supply and perks.

CIBC Aeroplan Visa Infinite Card

The CIBC Aeroplan Visa Infinite Card has rejoined the ranks as one among our favorite mid-tier Aeroplan playing cards.

It’s at present providing a excessive factors bonus, with a really low spending requirement.

Also, the cardboard is providing a first-year annual payment waiver, a standard and common characteristic of its welcome bonus.

American Express Gold Rewards Card

Like the Platinum Card, the Gold Card’s bonus supply is unfold throughout the primary two years with the cardboard.

As you’ll have to attend to get the complete quantity of factors marketed, and also you’ll need to pay a second annual payment for the privilege, the worth of this supply isn’t so clear.

RBC Avion Visa Infinite Privilege

Like its junior counterparts, RBC’s top-tier Avion card is providing 55,000 Avion factors upon spending $5,000 within the first six months.

This card is knocked down the record for providing the identical variety of factors at a better annual payment. It’s nonetheless a really sturdy worth proposition regardless of the elevated prices, however it wouldn’t be my first selection for an Avion card at the moment.

TD First Class Travel Visa Infinite Card

TD’s in-house rewards playing cards make for an ideal stat-padder if you’re searching for common journey worth, exterior of airline or resort loyalty packages.

After a current refresh, the TD First Class Travel Visa Infinite Card is flaunting an all-time excessive welcome bonus, price 135,000 TD Rewards factors within the first 12 months. That’s price a set worth of as much as $675 in the direction of any journey reserving by way of Expedia for TD. Bear in thoughts that the spending requirement is kind of a bit greater than earlier than, at $5,000 spent within the first six months.

Plus, you’ll now get a $100 annual journey credit score, which works a protracted option to enhancing the worth proposition on the cardboard, whether or not within the first 12 months or long-term.

CIBC Aeroplan Visa Infinite Privilege Card

CIBC’s top-tier Aeroplan card is providing an interesting bonus, with 60,000 factors achievable for spending an affordable $3,000 within the first 4 months.

This alone is kind of good worth for the annual payment, and a excessive one at that. If you do resolve to maintain the cardboard long-term for its premium advantages, there’s a second-year factors bonus which is sufficient to offset your second annual payment.

RBC British Airways Visa Infinite

RBC has additionally boosted the supply on its British Airways co-branded card. While the worth is kind of sturdy, the spending requirement is greater and on a shorter timeframe than the Avion playing cards.

Also, Avios are tougher to make use of and extra restrictive than Avion factors. As Avion might be transferred 1:1 to Avios, I’d at all times go for flexibility first, and solely apply for the extra restricted card after exhausting different choices.

TD Aeroplan Visa Infinite Card

The TD Aeroplan Visa Infinite Card is routinely one among our favorite mid-tier Aeroplan playing cards.

Like its premium counterpart, it’s at present providing a excessive factors bonus. While the spending requirement is excessive, it’s additionally unfold out over a full 12 months, so you should not have any bother reaching it.

Keep an eye fixed out for an elevated supply for a excessive factors bonus with an extra money again rebate.

HSBC World Elite Mastercard

The HSBC World Elite Mastercard is an efficient possibility, even when its signup supply is decrease.

Currently it’s providing 80,000 factors, however solely 60,000 are awarded within the first 12 months. Unfortunately this appears to be turning into the norm, and fortunately the $100 annual journey credit score and a few new banking rebates make it price it to maintain the cardboard till you’ve earned the complete bonus.

Instead, it’s one among our favorite keeper playing cards. It’s one of many few bank cards in Canada with no overseas transaction charges, options the aforementioned annual journey credit score, and HSBC Rewards are the one Canadian financial institution program to switch to Singapore KrisFlyer.

CIBC Aeroplan Visa Business Card

CIBC’s Aeroplan enterprise card is a story of two gives: an achievable portion up-front for good worth, adopted by an extreme spending requirement for a meagre prize.

For the primary half alone, the cardboard has a first-year annual payment waiver and an affordable spending requirement. Even with out contemplating the long-term spending threshold, you can do rather a lot worse for a brand new enterprise bank card.

TD Aeroplan Visa Business Card

Similarly, TD’s supply on its Aeroplan enterprise card is excessive on paper, however with an arduous month-to-month spending requirement.

You can earn the primary 30,000 factors upon spending $5,000 within the first three months. For the remaining 30,000 factors, you’d need to maintain $5,000 spent every month for a full 12 months.

For a situational spender in search of to optimize signup bonuses, there are different simpler methods to earn Aeroplan factors.

CIBC Aventura Visa Infinite Card

The CIBC Aventura Visa Infinite Card is providing a excessive bonus proper now, with 45,000 factors obtainable upon spending $1,000.

While Aventura factors aren’t essentially the most tantalizing forex, there’s at present a promotion to redeem in opposition to any journey expense at an elevated valuation of 1.25 cents per level.

Get this card and redeem the bonus earlier than December 31, and also you’ll be capable to attain numerous versatile journey worth.

CIBC Aventura Gold Visa Card

The Gold model is similar to the above, with a decrease earnings requirement. You shouldn’t have any bother capitalizing on both supply, if not each.

National Bank World Elite Mastercard

National Bank is providing an elevated signup bonus on its flagship Mastercard, as much as 70,000 factors.

While nearly half of the bonus requires excessive spending over the primary 12 months, the cardboard’s new 5x earn charge on groceries and eating places ought to make it extra interesting as a each day driver.

Plus, you could discover worth in retaining the cardboard long-term, with versatile annual journey credit score that offsets the annual payment.

Scotiabank Gold American Express Card

Like the Cobalt Card, the Scotiabank Gold American Express Card is thought extra for its keeper prowess than for its signup gives. You’ll earn 5x factors on groceries and eating places, or 6x factors at Empire grocery shops.

The welcome bonus is stable, at present providing 25,000 Scene+ factors with low spending, or a complete of 45,000 factors with greater spending. The first 12 months annual payment waiver can be a pleasant perk.

As these factors usually are not transferable to loyalty packages and are solely good for common journey bills at fastened worth, the Cobalt Card is a significantly better first selection. Likewise, although, there’s by no means a foul time to get this card.

RBC Avion Visa Infinite Business

The RBC Avion Visa Infinite Business card has an elevated bonus proper now, good for 35,000 Avion factors.

As a giant plus, the cardboard has no spending requirement. With an affordable annual payment for a high-end enterprise bank card, it’s a helpful option to enhance your Avion stability.

You’ll possible must have a registered enterprise with documentation to be authorised for an RBC enterprise bank card.

Marriott Bonvoy American Express Card

The Marriott Bonvoy playing cards are at present providing normal welcome bonuses in comparison with regular, objectively good gives in a crowded market.

However, the playing cards battle to rank greater as a result of middling worth of the Bonvoy program. It’s getting tougher to extract the complete worth of the factors until you have got a selected redemption in thoughts.

Marriott Bonvoy Business American Express Card

The enterprise variant of Amex’s Bonvoy playing cards takes a minor hit in comparison with the non-public card, because it lacks a signup bonus part on groceries, and has a barely greater annual payment.

RBC Cathay Pacific Visa Platinum

A secondary precedence, the RBC Cathay Pacific Visa Platinum gives good worth on paper. However, it’s extra of a distinct segment card, with greater spending necessities and a decrease signup bonus than the RBC Avion playing cards, which might be a extra environment friendly option to earn in the direction of your Asia Miles objectives.

TD Business Travel Visa Card

As you proceed to amass TD Rewards factors, the TD Business Travel Visa Card is an efficient selection when the supply is comparatively sturdy.

Right now, the supply is damaged down into two elements: the primary bonus upon spending $5,000, and a second part upon spending $5,000 every month.

Assuming you ignore the second half, the preliminary factors are price $450, a worthwhile endeavour for the spend if you happen to’re out of higher choices.

TD Aeroplan Visa Platinum Card

With a signup bonus of 20,000 Aeroplan factors, no first-year annual payment, and a low earnings requirement, this card is among the higher methods for learners early of their credit score journey to start amassing significant sums of Aeroplan factors.

If you’re simply getting your toes moist with excessive annual charges, and may’t be authorised for higher-income playing cards, this card is nearly as good a place to begin as they arrive.


We hope that this record will assist information you as you choose your subsequent card utility, with an emphasis on the worth of the signup bonus.

Feel free to view all bank cards to kind and filter by your individual standards as you evaluate different choices. You also can e book a Points Consulting name with the Prince of Travel workforce if you happen to’d like some personalised recommendation.

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