The 11 Best Credit Cards Welcome Offers in Canada for April 2024

The best credit card offers in Canada are here to warm up your wallet as the mercury drops. But the best credit card is not the same for everyone, since we all have different needs. So you shouldn’t choose a credit card just to get a gift or points, or whatever. However, if you have a choice between two similar credit cards and one of them has a welcome offer worth hundreds of dollars, let the better offer win!

What is a Credit Card Welcome Offer?

A Welcome Offer is a bonus offered for new credit card sign-ups, with the goal of attracting new customers. Welcome offers are often offered in a variety of forms, such as cash back, bonus points or waiving the annual fee for the first year. 

1. Scotia Passport Visa Infinite: up to $1,300

Ideal for people who love to travel, the Scotia Passport Visa Infinite credit card offers a welcome bonus if your account is approved by July 1, 2024. With this card, you earn Scene+ points. By making eligible everyday purchases totalling at least $1,000 in the first three months, you earn an initial bonus of 30,000 points. Add another 10,000 points if you make $40,000 in purchases during the year. The value of the offer also includes the annual fee waiver for the first year.

For everyday spending, this card earns 3 points per dollar spent in certain grocery stores, 2 points in other grocery stores, on entertainment and travel, as well as 1 point on all other spending. Benefits include no currency conversion fees and six free airport lounge visits with Visa Airport Companion.

Eligibility requirements: The welcome offer of the Scotia Passport Visa Infinite card is certainly tempting, but be aware that annual income of $60,000 (individual) or $100,000 (family) is required to obtain the card. Alternatively, assets under management of $250,000 will qualify you. You are not eligible if you already have a Scotiabank personal credit card, have had one within the past two years, or if you are an employee of the Bank.

2. RBC Avion Visa Infinite Credit Card: up to $1,100

The RBC Avion Visa Infinite credit card is the perfect card if you’re a frequent flyer. As a welcome offer, you earn up to 55,000 Avion Rewards points. Membership Rewards points will appear on your first credit card statement. While more and more credit card issuers require you to spend a certain amount over several months to get the bonus, RBC’s offer is simpler and caught our eye. Apply by April 30, 2024 to get up to $1,100 in bonus points.

The RBC Avion Visa Infinite comes with generous cancellation, interruption and medical travel insurance. In addition, you earn 1.25 Avion points for every dollar spent on travel and one Avion point for every dollar spent on everything else. In addition to airline tickets, these points can be redeemed for merchandise, for points in other loyalty programs or can be used to pay off your credit card balance.

Eligibility requirements: Minimum personal income of $60,000, or minimum household income of $100,000, or a minimum of $250,000 of investable assets.

3. Scotiabank Gold American Express Card: up to $650

The Scotiabank American Express Gold card not only offers a high rewards accumulation rate, but also a generous welcome bonus. If you charge $1,000 on your card in the first three months, you’ll earn 20,000 Scene+ points. Within your first year of owning the card, you can earn a second 20,000 bonus points after spending $7,500. To get this welcome offer, apply before July 1st, 2024.

A major advantage of Scotiabank is that there are no foreign transaction fees, making this card an excellent choice for travel. Moreover, the Scotia Gold American Express card gives you 3 to 6 points per dollar spent in grocery stores, on travel and entertainment.

Eligibility requirements: Please note, however, that if you currently have a Scotia credit card or have had one in the past two years, you are not eligible for this offer. The same applies if you work at Scotiabank.

4. BMO eclipse Visa Infinite: up to $570

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The BMO eclipse Visa Infinite card is one of the most popular options. It offers 60,000 points worth $400 in travel rewards, a $50 lifestyle credit and waives the first year’s $120 annual fee. Apply before May 31, 2024 to benefit from this welcome offer.

As a member of the BMO Rewards Program, cardholders enjoy a wide range of benefits without having to pay (too) high an annual fee.

With the BMO eclipse Visa Infinite credit card, you earn 5 points for every dollar spent on transportation, groceries, restaurants and gas. For all other card expenses, you earn 1 point for every dollar spent. However, you can earn 10% more points if you add a second cardholder to your account. The best way to use your BMO points is to redeem them for travel, since the value of your points is the highest. Use the calculator on their website to estimate how many points you would need to take the trip of your dreams!

Eligibility requirements: To qualify, the minimum income is $60,000 per person or $100,000 per household.

5. BMO CashBack World Elite: up to $380 value

The BMO CashBack World Elite is considered the best overall cash back card in Canada right now. And they’re offering you 10% cash back on up to $2,600 in eligible purchases during the first 3 months plus no annual fee for the first year. That’s a cash value of up to $380! Must apply and be approved by May 31, 2024.

Looking for a break on that ludicrous grocery bill? This card gives you the highest grocery cash back rate in Canada of 5% on the first $500 spent each month. You also earn 4% cash back on the first $300 transit (buses, taxis, ride-sharing, etc.), 3% back on the first $300 of gas and EV charging, 2% on the first $500 of recurring bill payments, and 1% on everything else.

You can redeem your cash back anytime for as little as $1. Enjoy a break on your credit card, some extra cash deposited to your account, or invest in your BMO InvestorLine account where it’ll make more free money!

This card also comes with free access to Boingo Wifi hotspots, complimentary membership to DragonPass, and discounts on rentals through National Car Rental and Alamo Rent a Car. Even though this isn’t a travel card, you can travel with confidence on short trips out of province and the country with complimentary 8-day emergency medical coverage.

Eligibility requirements: Minimum personal income of $80,000, or minimum household income of $150,000. Must not have declared bankruptcy in the past 7 years.

6. BMO CashBack for Students: up to $125

When you’re studying, you can’t always work as many hours as you’d like. So a credit card with no annual fee and an attractive cash back rate is a must! Such is the case with the BMO CashBack Mastercard for Students.

Its promotional rate runs for 3 months after you open your account, and offers 5% cash back on up to $2,500 in eligible expenses, including up to $500 on groceries, $500 on recurring bill payments and $1,500 on all other purchases. When the offer expires, you’ll go back to the regular cash back rate of 3% on groceries, 1% on recurring bill payments and 0.5% on all other purchases.

Once you’ve earned enough points with the BMO CashBack Mastercard for Students, redeem them for a statement credit or a payment into one of your BMO accounts. You can redeem your points as soon as you reach $1, but you’ll need at least $25 for automatic recurring deposits.

7. Tangerine World Mastercard Credit Card: up to $100

The Tangerine World Mastercard comes with an extra 10% cash back for two months on up to $1,000 in purchases (worth up to $100), and a promotional rate of 1.95% on balance transfers for six months. This offer expires on April 30, 2024.

This card also offers 2% cash back on two categories of purchases, or three if you sign up for a Tangerine savings account. In addition, you’re entitled to other benefits as a World Elite cardholder, such as additional insurance, access to Wi-Fi and airport lounges around the world, and a travel rewards program.

Eligibility requirements: To get the card, an annual income of $60,000 (individual) or $100,000 (family) is required.

8. Scotiabank No-Fee Momentum Visa: up to $100

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The Scotiabank no-fee Momentum Visa card entitles you to 1% cash back at gas stations, grocery stores and drugstores, as well as on all recurring bill payments. For all other charges, you’ll earn 0.5% cash back. While the rates aren’t the highest, they’re pretty good for a no-fee credit card and cover a range of categories where people tend to spend the most.

Scotia’s no-fee Momentum welcome offer includes 5% cash back on all purchases. There is, however, a $2,000 spending limit, and the offer applies to the first three months. That means your maximum cash back will be $100, which is pretty good for a card that won’t cost you a thing! There’s also an introductory rate of 0% on balance transfers for the first six months.

If you want an easy, secure way to pay for your most common purchases while building credit and earning a little cash back, Scotiabank’s no-fee Momentum Visa card is an excellent choice. There are no specified eligibility requirements.

9. Rogers Mastercard: up to $100

Being a Rogers customer comes with certain advantages. Currently, the Rogers Mastercard, a no annual fee credit card, offers a welcome bonus of 10% cash back for the first 3 months, up to a maximum of $100.

If you’re not a Rogers, Fido or Shaw customer, you usually get 2% unlimited cash back on U.S. dollar purchases and 1% cash back on all other eligible purchases. But to their customers, they offer 2% unlimited cash back on all eligible purchases made with the Rogers Mastercard, plus a few other exclusive benefits.

10. BMO AIR MILES Mastercard: up to $80

The Air Miles rewards program is gradually regaining its reputation, particularly with Air Miles Receipts, which help you earn miles while grocery shopping. The BMO Air Miles Mastercard is a free card with no minimum income requirement that offers a welcome bonus of 800 miles if you apply by May 31, 2024. If you need to transfer a balance, you will have a rate of 0.99% for 9 months. However, there is a fee of 2% of the amount transferred.

You normally also get 3 miles for every $25 spent at Air Miles partners, then 2 miles for every $25 at any grocery store. Finally, you have 1 thousand for all your other purchases. There are no specified eligibility requirements.

11. Neo Credit Card: $45

The Neo Credit Card is coming in hot as the best credit card in Canada. And they’re showing loyal Hardbacon readers some extra love with an exclusive $45 cash bonus if you apply through our site and get approved. If you apply through any other channel, you’ll be leaving free money on the table.

With this card in your wallet, you can earn an average of 5% cash back when you shop among Neo’s 10,000+ partner brands. Better yet, there are tons of first-purchase bonuses offering you up to 15% cash back every time you make a first purchase at a partner merchant. With over 10,000 businesses across Canada, covering every possible spending category, the Neo Credit Card gives you the opportunity to earn more cash back than any other card can offer.

And it’s not just a credit card. Neo Credit pairs seamlessly with the free Neo mobile app, which gives you tons of tools to manage your money and boost savings effortlessly. There’s even a GPS map that shows you all the cash back offers near you, so you never miss the chance to make bank. There are no specified eligibility requirements.

While you’re at it, consider opening a free Neo Money Account. There’s no monthly fee, you get unlimited daily banking transactions, and your balance earns an incredible 2.25% interest rate until the moment you spend it.