Why pay an annual fee when great no-fee credit cards are available? These cards earn cash back or rewards with $0 annual fee, perfect for most everyday Canadians in 2025.
Ranked by overall value — rates, fees, features, and Canadian-specific benefits.
KOHO Note: KOHO offers a completely free tier with 1% cashback on groceries and transit — no credit check required and $100 bonus with code BREMO2026. The perfect complement to any no-fee credit card.
Bonus/Welcome: $100 (code BREMO2026)
Pros: $100 bonus, no credit check, no FX fees, credit building add-on, instant approval
Cons: Visa prepaid, not a traditional credit card
Get $100 Bonus with KOHO →Bonus/Welcome: 2% on select categories for first 3 months
Pros: Best 2% no-fee cash back, flexible category selection, no FX on cash back
Cons: 0.5% on non-selected categories
Bonus/Welcome: $25 welcome bonus
Pros: 1.5% everywhere, best for international spending
Cons: Best value for Rogers customers
Bonus/Welcome: 2.5% for first 3 months
Pros: Flat 1.25% on all purchases, simple cash back
Cons: Amex acceptance issues in Canada, lower rate than Tangerine 2%
Bonus/Welcome: 5,000 Scene+ points
Pros: Good Cineplex rewards, no annual fee
Cons: Scene+ points less flexible than cash back
Bonus/Welcome: $25 welcome offer
Pros: Excellent at Loblaws banner stores, PC Optimum synergy
Cons: Best value only at PC-affiliated stores
No fee everyday banking
Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.
Tired of bank fees? Open a no-fee KOHO account, get $20 with code BREMO2026 →