Question 1

How do I choose the best credit card in Canada?

Accepted Answer

Consider your spending habits, reward rates, annual fees, additional benefits, and your credit score. Choose a card that matches your lifestyle and spending patterns.

Question 2

What is a welcome bonus?

Accepted Answer

A welcome bonus is a reward offered to new cardholders who meet a minimum spending threshold within the first few months. It's often the best value proposition of a card.

Question 3

Are no annual fee cards worth it?

Accepted Answer

It depends on your spending. No-fee cards offer lower rewards but suit occasional spenders. Fee-based cards often provide better value for heavy spenders.

Question 4

How can I improve my credit score?

Accepted Answer

Pay bills on time, keep credit utilization low (under 30%), maintain old accounts, and avoid too many credit inquiries. Consistent responsible use improves your score over time.

CIBC Aeroplan Visa Infinite Card

Best For

Features

Benefits

Requirements

Card Details

Latest Relevant News