Best Instant Approval Credit Cards In Canada For 2024

If you’re approved, this card will earn you points on all purchases and comes with travel insurance. Since this is a charge card, you’ll need to pay off your balance in full each statement period.

Learn more: Read our American Express Aeroplan Card Review

• New American Express® Aeroplan®* Cardmembers can earn up to 40,000 Aeroplan points:
• Earn 30,000 Aeroplan points after spending $3,000 in purchases on your Card within the first 3 months.
• Plus, earn an additional 10,000 Aeroplan points when you spend $1,000 in purchases in month 13
• That’s up to $900 or more in value when you combine your welcome bonus points and card benefits.
• Standard Earn Rate: Earn 2X the points on eligible purchases made directly with Air Canada®* and Air Canada vacations®*
• Standard Earn Rate: Earn 1.5X the points on eligible Dining and Food Delivery purchases in Canada
• Standard Earn Rate: Earn 1X the points on everything else
• Enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights
• Earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $10,000 in eligible net purchases charged to your Card
• As an American Express Aeroplan Cardmember, you can often book flight rewards for even fewer points with preferred pricing
• Amex ExperiencesTM: From music and movies, to specially curated dining and online shopping opportunities, stay connected with all that we have to offer from the comfort of your own home
• Enjoy an array of travel related insurance benefits such as Lost or Stolen Baggage Insurance and up to $500,000 in Travel Accident Insurance
• 24/7 Customer Service and Emergency Card Replacement
• As part of our commitment to sustainability, the American Express® Aeroplan®* Card has been made with 70% reclaimed plastic
• No pre-set spending limit on purchases gives you flexibility. Using a charge card is a great way to manage your finances as the balance must be paid in full each month* *
• American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.

The SimplyCash® Preferred Card from American Express offers 2% unlimited cash back on every purchase which is one of the highest rates in Canada. It also earns 4% cash back on gas and groceries.

Learn more: Read our SimplyCash Preferred Card from American Express Review

• Earn a bonus 10% cash back on all purchases for your first 3 months (up to $2,000 in purchases). Plus, earn a $50 statement credit when you make a purchase in month 13. This could add up to $250 in bonus value in your first 13 months.
• Earn accelerated earn rates on eligible gas and grocery purchases
• Earn 4% cash back on eligible gas station purchases in Canada, 4% cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually) and 2% cash back on all other purchases
• Access events and special offers curated for Cardmembers with Amex ExperiencesTM
• Extensive insurance coverage and 24/7 Customer Service
• American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment

The American Express Cobalt card offers great accelerated rates for spending on food and drink, as well as streaming subscriptions.

• In your first year as a new Cobalt Cardmember, you can earn 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 in net purchases on your Card. This could add up to 15,000 points in a year. That’s up to $150 towards a weekend getaway or concert tickets
• Earn 5x the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
• Earn 3X the points on eligible streaming subscriptions in Canada
• Earn 2X the points on eligible ride shares, transit & gas in Canada
• Earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
• Earn 1X point for every $1 in Card purchases everywhere else
• Enjoy access to hotel bookings, a room upgrade (when available), 12pm check-in and late check-out (when available), and up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel
• Transfer points 1:1 to several frequent flyer and other loyalty programs
• Cobalt Cardmembers receive regular Perks such as bonus reward offers and access to great events
• Access Front Of The Line® Amex Presale & Reserved Tickets to some of your favourite concerts and theatre performances and special offers and events curated for Cardmembers with Amex ExperiencesTM
• American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment

A low-fee card with an accelerated bonus on groceries, gas, streaming and more.

• Get 14,000 Avion points upon approval¹ – that’s $100 of value in gift cards!+
  Apply by May 7, 2025.
• Earn 3X Avion points for every $1 spent¹on:
  • Grocery, Dining & Food Delivery – Satisfy your taste buds by earning points on groceries, dining out, food delivery^*
  • Rides, Gas & EV Charging – Enjoy earning points on gas, rideshare, daily public transit, electric vehicle charging^*
  • Streaming, Digital Gaming & Subscriptions– Stay entertained while earning points on streaming, gaming, eligible digital subscriptions, eligible digital downloads, and in-game purchases^*
• Earn 1 Avion point for every $1 spent on all other qualifying purchases¹
• Annual Fee $48 ($4 charged monthly)^*
• Pay With Points
  • Redeem your Avion points to pay bills, your credit card balance or even send money to friends with Interac e-Transfer^*. Minimum redemption is only $10, so you can use your points where you need them most
• Exclusive savings and rewards
  • Automatically become an Avion Rewards Premium member when you get the RBC ION+ Visa. Download the Avion Rewards app to access points, cash back deals, and savings all in one program. Plus, download the Avion Rewards ShopPlus browser extension to save with cash back deals right where you shop online from 1,900+ retailers
• Save at Petro-Canada
  • Save 3¢/L on fuel and earn 20% more points when you pay with a linked RBC card.^*
• Earn more Be Well points at Rexall
  • Earn 50 Be Well points for every $1 spent on eligible purchases at Rexall when you pay with your linked RBC card and scan your Be Well card^*
• Save Big on Delivery with DoorDash
  • Get a 3-month complimentary DashPass subscription – a value of almost $30^*
  • Enjoy unlimited deliveries with $0 delivery fees on qualifying orders of $15 or more when you pay with your eligible RBC credit card.^*See how to save with DoorDash
  • Enjoy a Monthly Fee Rebate
  • Get a $4 rebate^*each month ($48/year) on the monthly fee of your credit card when you have an RBC Signature No Limit Banking or RBC Advantage Banking for students account
• Mobile Device Insurance Included
  • Get 2 years of coverage up to $1,000 in the event your mobile device such as your cell phone is lost, stolen, accidentally damaged or experiences mechanical failure when you purchase your mobile device with this credit card
• Purchase Security and Extended Warranty Insurance^*
  • Automatically protects eligible card purchases against loss, theft or damage within 90 days of purchase, and doubles the manufacturer’s original Canadian warranty by up to one additional year, to a maximum of five years
• ¹, *, ^, Terms and conditions apply

This no-fee cash-back card was once known for its flat-rate cash back earnings. However, it now boasts a boon in gas and grocery cash back.

Learn more: Read our SimplyCash Card from American Express review

• In your first 3 months as a new SimplyCash® Card from American Express Cardmember, you can earn a bonus 5% cash back on all purchases (up to $2,000 in purchases). That’s on top of your everyday cash back earn rates. That’s up to $100 in bonus cash back.
• Earn 2% cash back on eligible gas purchases in Canada, 2% cash back on eligible grocery purchases in Canada (up to $300 cash back annually), and 1.25% cash back on all other eligible purchases
• Access events and special offers curated for Cardmembers with Amex ExperiencesTM
• Insurance coverage and 24/7 Customer Service
• American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply

Most credit cards with insurance coverage have an age limit of 65. However, this is one of the few cards that will cover travellers up to age 75.

Learn more: Read our National Bank Platinum Mastercard Review

Credit Terms

Grace period: No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers. Minimum payment: If your account balance is lower than $10, you must pay the entire balance. If you reside in the province of Quebec, your minimum payment will correspond to 5%of the credit card account balance plus any overdue payment or $10, whichever amount is higher. If you reside outside of Quebec, your minimum payment represents 2.5%of the credit card account balance plus any overdue payment or $10, whichever amount is higher. Account statement: A statement is sent monthly.

Example of credit charges over a 30-day period

Balance transfer and cash advance are subject to credit approval by National Bank. Each balance transfer must be at least $250.

Details of Eligible Rewards Points

Certain restrictions apply. For more information, consult the Rewards plan section or the Plan rules regarding how to earn points.

The amount of points earned on grocery and restaurant purchases depends on the total gross monthly amount charged to the credit card account, regardless of the purchase category. You will earn 2 points for every dollar in eligible grocery and restaurant purchases until a total of $1,000 in gross monthly purchases is charged to the account. After that, you will earn 1.5 points per dollar in eligible grocery and restaurant purchases. The total gross monthly amount is calculated based on your monthly billing period. Grocery purchases include any purchase made at a store that primarily sells food, i.e., grocery store, delicatessen, supermarket, greengrocer or speciality food store. Ready-to-eat meal services and meal delivery services are eligible. This definition excludes purchases made at retail stores and big box stores whose core business is the sale of non-food items. Certain merchants may sell products and services that appear identical or similar to those sold by eligible merchants, or may be separate merchants located on the same premises as eligible merchants, but are classified in different categories by Mastercard. For purchases at other merchants, you will only earn regular rewards points. Restaurant purchases include purchases at a restaurant, fast food restaurant, bar, nightclub or pub. For a full list of Mastercard codes associated with eligible merchants, download the terms and conditions of the À la carte Rewards Plan®.

To earn 1.5 points per dollar in purchases, you will need to purchase gas or an electrical vehicle charge from a service station or from certain big box stores. Certain merchants may sell products and services that appear identical or similar to those sold by eligible merchants, or may be separate merchants located on the same premises as eligible merchants, but are classified in different categories by Mastercard. For purchases at other merchants, you will only earn regular rewards points. For a full list of Mastercard codes associated with eligible merchants, download the terms and conditions of the À la carte Rewards Plan®.

Recurring bill payments are defined as monthly or regular payments automatically charged by a merchant to your National Bank Platinum Mastercard credit card. Not all merchants offer recurring bill payments, and not all recurring payments are considered recurring bill payments. Certain payments therefore may not entitle you to earn more points.

To earn 1.5 points per dollar in purchases, you must make your eligible purchases via the À la carte TravelTM Agency section of our À la carte RewardsTM site.

For example, if each month you charge $400 in groceries, $200 in gas, $100 in recurring bill payments and $150 in other purchases to your card, your $850 in purchases will earn you 1,350 points, as follows: 800 points for grocery purchases (since the total gross monthly amount is $850, i.e., under $1,000), 300 points for gas purchases, 150 points for recurring bill payments and 100 points for other purchases.

Travel and Health Insurance Conditions

This coverage applies to purchases and rentals charged in part to the card, except out-of-province medical/hospital insurance for which the travel arrangements need not be charged to the card, and lost or delayed luggage insurance where all transportation costs must be charged to the card. This coverage applies to the primary cardholder, their spouse and/or dependent children when they (spouse and/or dependent children) travel with the primary cardholder. Extended warranty coverage applies to most new items purchased with the card, in Canada or abroad, as long as the manufacturer’s warranty is valid in Canada. Certain conditions and restrictions apply. For more information and for details of your insurance coverage, please consult the insurance certificate associated with your card.

Mobile Device Protection

The device must have been purchased using your National Bank Platinum Mastercard credit card, or your phone plan must be paid via recurring payments charged to your National Bank Platinum credit card starting September 1, 2022. For complete terms and conditions, please consult the insurance certificate associated with your card.

• Earn points for every $1 spent, 1.5 points for every $1 spent on gas, recurring bills, and a la carte travel, and 1 point for every $1.50 spent elsewhere
• Based on average Canadian spending, Forbes Advisor estimates this card could earn $321.00 in rewards value per year, with the annual fee factored in
• Built-in travel insurance including out of province emergency medical, trip cancellation and trip interruption
• Includes mobile device insurance

Thanks to the TD Aeroplan Visa Infinite Card’s robust Aeroplan rewards program, cardholders can earn roughly twice what they’d net through any of the other cards on this list, although its travel insurance coverage leaves something to be desired.

• Earn up to $1,300 in value†, including up to 40,000 Aeroplan points†, no annual fee for the first year† and additional travel benefits. Conditions Apply. Offer effective as of January 7, 2025.
  • Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Card†
  • Earn 15,000 Aeroplan points when you spend $7,500 within 180 days of Account opening†.
  • Plus, earn a one-time anniversary bonus of 25,000 Aeroplan points when you spend $12,000 within 12 months of Account opening†.
  • Enroll for NEXUS and once every 48 months get a partial application fee rebate†
  • Plus, share free first checked bags with up to 8 travel companions†.
  • Get an annual fee rebate for the first year†.
• To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while this offer is in effect.
• Starbucks Bonus Offer for New Linked Members†: Link your TD Aeroplan Visa Infinite to earn 600 Starbucks Stars and redeem them for free Starbucks treats. Limited time only. Conditions and restrictions apply.
• This offer is not available to residents of Quebec.
• † Terms and conditions apply.

If approved, this no-fee credit card can offer decent cash-back deals for regular shoppers at Amazon.ca or Whole Foods.

• Welcome bonus of 5% back at Amazon.ca, Whole Foods stores, grocery stores and restaurants for your first 6 months (on the first $3,000 spent)
• Prime members get 2.5% back at Amazon.ca and Whole Foods
• Prime members get 2.5% back on foreign currency transactions (to cover foreign transaction fees)
• Non-Prime members get 1.5% back at Amazon.ca and at Whole Foods
• Non-Prime members get 1% back on foreign currency transactions (to help cover foreign transaction fees)
• 1% back on all other purchases
• Get purchase assurance, protecting eligible purchases on your card for 90 days
• Extended warranty covers purchases for an additional year
• Save a minimum of 10% off the base rates at Avis and Budget Rent a Car in Canada and the U.S. locations and 5% at international locations

Most travel credit cards have high income requirements but the CIBC Aventura Gold Visa’s minimum income requirement is $15,000, making it more accessible.

• Welcome bonus of up to 60,000 Aventura Points (earn 15,000 points when you make your first purchase, 30,000 points when you spend $3,000 or more in the first 4 monthly statement periods and 15,000 points after having at least $5,000 in net purchases posted to the account within the first 4 monthly statement periods)
• 2 Aventura Points per dollar when you make travel purchases through the CIBC Travel Rewards Centre
• 1.5 Aventura Points per dollar spent at eligible gas stations, electric vehicle charging stations, grocery and drug stores
• 1 Aventura Points per dollar spent on all other purchases
• Four complimentary airport lounge visits per year on the Dragonpass network of over 1,200 airport lounges worldwide through the Visa Airport Companion Program
• Get a rebate on your NEXUS application every four years
• Link your CIBC Aventura Gold Visa to a Journie Rewards card for $0.10 per litre off at participating Ultramar, Pioneer, Fas Gas and Chevron gas stations
• Out-of-province emergency travel medical insurance
• Flight delay and baggage insurance
• Auto rental collision and loss damage insurance
• $500,000 common carrier accident insurance
• Hotel burglary insurance
• Mobile device insurance
• Purchase security and extended protection insurance
• Access to CIBC Pace It to pay off individual purchases in installments
• Make personalized travel booking arrangements at no additional fee with the Aventura Travel Assistant
• Optional credit card balance protection insurance
• This offer is not available to residents of Quebec
• Terms apply

Easy to earn points at accelerated rates for daily spending.

Learn more: Read our BMO eclipse Visa Infinite Review

• Welcome offer: Get up to 60,000 points worth $400 in travel rewards, a $50 lifestyle credit and the $120 annual fee waived in the first year – that’s a $570 value in your first anniversary!*
• Earn 5x the BMO Rewards points on groceries, dining, gas and transit*
• Get 1 BMO Reward for every $1 spent on everything else*
• Get a $50 anniversary lifestyle credit to spend however you want*
• Mobile Device Insurance that covers you for up to $1,000*
• Earn 10% more points when you add an authorized user to your account*
• Pay with Points by browsing your recent transactions & redeem your points for as little as $1
• BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information
• *Terms and conditions apply