Best Rewards Credit Cards in Canada (December 2025)
Rewards credit cards earn points or miles on your purchases that can be redeemed for travel, merchandise, gift cards, or cash back. The best rewards cards offer flexible redemption options and competitive earn rates across multiple spending categories.
Unlike pure cash back cards, rewards cards often provide higher value when points are redeemed strategically—especially for travel. Programs like American Express Membership Rewards, Scene+, and RBC Avion offer transfer partners and bonus redemption opportunities.
How We Rank These Cards
We rank rewards cards by calculating the annual points value based on typical spending patterns and standard point valuations. We factor in welcome bonuses (prorated over the first year), annual fees, and the estimated value of card perks to determine net first-year value.
Top Best Rewards Credit Cards Ranked
Compare Cards
7 cards available
TD Aeroplan Visa Infinite Card
Rewards
1 point per $1
Interest
21.99%
Annual Fee
$139
1st Year Value
$1911
Welcome Bonus
Up to 45,000 Aeroplan points + Annual Fee Rebate
Min. credit score: Good to Excellent (725+)
Scotiabank Passport Visa Infinite Card
Rewards
1 point per $1
Interest
20.99%
Annual Fee
$150
1st Year Value
$1608
Welcome Bonus
Up to 45,000 Scene+ points
Min. credit score: Good to Excellent (725+)
CIBC Aeroplan Visa Infinite Card
Rewards
1 point per $1
Interest
20.99%
Annual Fee
$139
1st Year Value
$1361
Welcome Bonus
Up to 45,000 Aeroplan points + Annual Fee Rebate
Min. credit score: Very Good (760+)
Scotiabank Gold American Express Card
Rewards
1 point per $1
Interest
20.99%
Annual Fee
$120
1st Year Value
$1316
Welcome Bonus
Up to 50,000 Scene+ points
Min. credit score: Good to Excellent (725+)
American Express Gold Rewards Card
Rewards
1 point per $1
Interest
21.99%
Annual Fee
$250
1st Year Value
$1070
Welcome Bonus
Up to 60,000 Membership Rewards points
Min. credit score: Good to Excellent (670+)
RBC Avion Visa Infinite Card
Rewards
1 point per $1
Interest
20.99%
Annual Fee
$120
1st Year Value
$1110
Welcome Bonus
35,000 Avion points on approval (up to 55,000 promo)
Min. credit score: Good (660-724)
American Express Cobalt Card
Rewards
1 point per $1
Interest
21.99%
Annual Fee
$191.88
1st Year Value
$1068
Welcome Bonus
Up to 15,000 Membership Rewards points (1,250 monthly)
Min. credit score: Good (660+)
Tips for Choosing Best Rewards Credit Cards
Pro Tips
Expert advice to maximize your card benefits
- 1Transfer points to airline partners for maximum value on premium flights
- 2Stack card rewards with loyalty programs like PC Optimum or Scene+
- 3Hold multiple cards to earn bonus rates across different categories
- 4Redeem for travel to get the highest value from your points
Frequently Asked Questions About Best Rewards Credit Cards
The American Express Cobalt Card consistently ranks as one of the best for its exceptional 5x points on dining and groceries. Points transfer to Aeroplan and other partners at valuable rates. For a no-fee option, the RBC ION Visa earns flexible Avion points with no annual fee.