The best no annual fee credit cards in Canada for 2025
By eliminating the annual fee, you can save money while still enjoying the perks of credit card usage, such as rewards on purchases, cash back, and building up your credit. These cards provide value by promoting flexibility and resourcefulness, making them a viable option for everyone.
Explore our top picks for the best no annual fee credit cards in Canada.
Tangerine World Mastercard®
Get 10% cashback the first 2 months, plus get $50 with referral code 'Financeer".
Annual fee:
Purchase rate:
Cash advance rate:
$0.00
20.95%
22.95%
2%, up to 3 categories
Cash back:
Total first year rewards:
(Based on a monthly spend of $2,200 @ 2% + bonuses)
$678.00
Then $528.00/year in rewards after.
4.8/5 Financeer rating
Tangerine Money-Back Mastercard®
Get 10% cashback the first 2 months, plus get $50 with referral code 'Financeer".
Annual fee:
Purchase rate:
Cash advance rate:
$0.00
20.95%
22.95%
2%, up to 3 categories
Cash back:
Total first year rewards:
(Based on a monthly spend of $2,200 @ 2% + bonuses)
$678.00
Then $528.00/year in rewards after.
4.7/5 Financeer rating
Simplii Cash Back Visa®
Get 10% cashback the first 3 months, plus get $50 with referral code 'Financeer".
Annual fee:
Purchase rate:
Cash advance rate:
$0.00
20.99%
22.99%
4%
Restaurant cash back:
Total first year rewards:
(Based on a monthly spend of $2,200 @ 2% + bonuses)
$678.00
Then $528.00/year in rewards after.
4.7/5 Financeer rating
Groceries cash back:
1.5%
Gas cash back:
1.5%
Recurring cash back:
1.5%
Rogers Red World Elite® Mastercard®
Get 1.5x cash back, for up to 3%, on a Rogers, Fido or Shaw service.
Annual fee:
Purchase rate:
Cash advance rate:
$0.00
20.99%
22.99%
1.5%, up to 3%
Cash back:
Total first year rewards:
(Based on a monthly spend of $2,200 @ 2.5% + bonuses)
$660.00
Then $660.00/year in rewards after.
4.6/5 Financeer rating
USD cash back:
3% on everything
Rogers Red Mastercard®
Get a $60 welcome bonus and 1.5x cash back on a Rogers, Fido or Shaw service.
Annual fee:
Purchase rate:
Cash advance rate:
$0.00
20.99%
22.99%
1%, up to 3%
Cash back:
Total first year rewards:
(Based on a monthly spend of $2,200 @ 2.5% + bonuses)
$720.00
Then $660.00/year in rewards after.
4.5/5 Financeer rating
USD cash back:
2% on everything
American Express SimplyCash® Card
Get 5% cash back the first 3 months up to $100.
Annual fee:
Purchase rate:
Cash advance rate:
$0.00
21.99%
21.99%
2%
Groceries cash back:
Total first year rewards:
(Based on a monthly spend of $2,200 @ 1.75% + bonuses)
$562.00
Then $462.00/year in rewards after.
4.5/5 Financeer rating
Gas cash back:
2%
Everything else cash back:
1.25%
American Express® Green Card
Get 12,500 points worth a minimum of $125.
Annual fee:
Purchase rate:
Cash advance rate:
$0.00
21.99%
21.99%
1x point per $1
Points rewards:
Total first year rewards:
(Based on a monthly spend of $2,200 @ 1.5% + bonuses)
$521.00
Then $396.00/year in rewards after.
4.4/5 Financeer rating
Points value:
100 points ≈ $1.50