Best Credit Card Sign-Up Bonuses in Canada for 2025

Earn hundreds of dollars in points and cash back from Canada's top welcome offers — compared and ranked for 2025.

Why Sign-Up Bonuses Matter

A welcome bonus can be worth $300–$1,500+ in travel or cash back — often the single biggest chunk of rewards you'll ever earn from a single card. The key is meeting the minimum spend requirement without overspending on things you wouldn't buy otherwise, and doing the math to confirm the net value exceeds the annual fee.

Best Sign-Up Bonuses Canada 2025

Card	Welcome Bonus	Min. Spend	Est. Value	Annual Fee
Scotiabank Gold Amex	60,000 Scene+ pts	$3,000/3 mo	~$600	$120
RBC Avion Visa Infinite	55,000 Avion pts	$5,000/6 mo	~$550	$120
TD Aeroplan Visa Infinite	50,000 Aeroplan pts	$3,000/3 mo	~$750+	$139
BMO Ascend World Elite MC	Up to 100,000 BMO pts	$4,500/3 mo	~$667	$150
Amex Cobalt	Up to 30,000 MR pts	$750/mo/12 mo	~$450	$155.88/yr
CIBC Aventura Visa Infinite	Up to 35,000 Aventura pts	$3,000/4 mo	~$350	$139

Scotiabank Gold Amex — 60,000 Scene+ Points

The Scotiabank Gold Amex's 60,000 Scene+ point welcome offer is worth approximately $600 in travel redemptions or $600 in grocery cash at Sobeys/Safeway. The minimum spend is $3,000 in the first 3 months — achievable for most Canadians who put groceries, gas, and bills on the card. No foreign transaction fees is a bonus perk worth ~$75/year for travelers.

TD Aeroplan Visa Infinite — Best for Air Canada Flyers

The 50,000 Aeroplan welcome bonus can be worth $750+ when redeemed for Air Canada economy flights to the US or Caribbean. At the right redemption, Aeroplan points can exceed 1.5 cents each. The card also comes with preferred Aeroplan pricing and priority boarding on Air Canada — ongoing perks that justify the $139 annual fee long-term.

BMO Ascend World Elite — Up to 100,000 Points

BMO's Ascend World Elite Mastercard offers up to 100,000 BMO Rewards points spread across your first year: 50,000 on first purchase + up to 50,000 more in bonus earn. BMO Rewards points are worth approximately 0.667 cents each toward travel, making 100,000 points worth about $667. Includes airport lounge access and comprehensive travel insurance.

How to Maximize Your Welcome Bonus

• Put existing bills on the card — Grocery, gas, phone, and utilities count toward minimum spend.
• Time your application — Apply when you have upcoming large purchases (back to school, home reno).
• Never overspend — Only spend what you'd spend anyway. Carrying a balance at 19.99% wipes out bonus value.
• Meet the deadline — Most bonuses require the minimum spend within 3–6 months of approval.
• Redeem wisely — Travel redemptions typically get more value per point than statement credits.

KOHO's $20 Welcome Bonus — No Spend Required

KOHO offers a straightforward $20 cash bonus when you use code 45ET55JSYA and make your first $20 purchase. No minimum spend tiers, no annual fee to offset — just a flat $20. Not as large as premium card bonuses, but it's free money with zero commitment or credit check required.