Are you a Canadian student looking for a credit card that can give you the most bang for your buck? Look no further! This article will explore the best Canadian student credit card options to help you decide which one is best for you, and for a more comprehensive list of the top picks, check out WealthRocket. Let’s get started!
The Tangerine Money-Back Credit Card
The Tangerine Money-Back Credit Card is a great option for students because it offers cash back on all purchases. This card also comes with no annual fee, making it a cost-effective option for students. In addition, the Tangerine Money-Back Credit Card offers a promotional interest rate of 0% on balance transfers for the first six months. This gives students a chance to pay down any existing debt they may have. Finally, the Tangerine Money-Back Credit Card allows students to build their credit score, which can be beneficial when they are ready to purchase a car or house.
The BMO CashBack Mastercard
There are a number of reasons that the BMO CashBack Mastercard is a great option for students in Canada. Perhaps the most obvious reason is that it offers a generous 2% cash back on all purchases. This is a great option for students who are looking to earn some extra money on their everyday spending. Another reason that the BMO CashBack Mastercard is a great option for students is that it comes with no annual fee. This means that students can take advantage of the card’s great rewards without having to worry about paying any extra fees. Plus, the card also comes with a number of other great features, including the following:
- A low interest rate of just 12.99% on purchases
- Fraud protection
- A 0% interest rate on balance transfers for the first six months
- 24/7 customer service
The HSBC + Rewards Mastercard
The HSBC + Rewards Mastercard is an excellent option for Canadian students due to its generous rewards program and flexible payment options. The card provides easy access to cashback bonuses, discounts on purchases, travel benefits, exclusive lifestyle offers, and other incentives that help make it easier for students to adjust to life post-graduation. Additionally, the low annual fee of $0 gives added value while still offering features like fraud protection and no foreign transaction fees when traveling abroad in 2023 or ordering something online from outside of Canada. Ultimately this card helps provide financial freedom with some peace of mind knowing you’re protected from any potentially fraudulent activity associated with your account.
The CIBC Dividend Visa Card for Students
If you’re a student in Canada, the CIBC Dividend Visa Card for Students is a great option for you. This card offers a range of great features, including no annual fees, competitive interest rates, and cash-back rewards. One of the best things about the card is that there is no annual fee. This means that you can keep your card for as long as you want without having to worry about extra costs. The card also offers competitive interest rates, which can help you save money on your overall credit card costs. Additionally, the card comes with cash-back rewards, which can add up over time and help you save even more. If you’re looking for a great credit card option for students in Canada, the CIBC Dividend Visa Card for Students is a great choice. With its low annual fees, competitive interest rates, and cash-back rewards, this card has everything you need to get the most out of your credit card.
Overall, exploring the best Canadian student credit cards and choosing the right one for you is an important step in being financially responsible and successful. By taking the time to research and understand the different options available, students can find the card that best fits their lifestyle and financial needs. This can help them build a strong credit history and save money in the long run.