Compare 15 best low fee cards from Canada's top banks in 2025
Compare the best low fee credit cards available in Canada. Our comprehensive comparison includes cards from major banks like TD, RBC, BMO, CIBC, and Scotiabank, helping you find the perfect card for your needs.
Whether you're looking for rewards, low fees, or specific benefits, our detailed reviews and comparisons make it easy to find the right low fee credit card for your lifestyle and spending habits.
The Honest Canadian Rankings
BMO
Annual Fee
N/A
Purchase APR
21.99%
Foreign Fee
2.5%
Key Benefits
Card Features
TD Bank
Annual Fee
$1.00
Purchase APR
19.99%
Foreign Fee
2.5%
Welcome Offer
Earn a value of up to $1,122 in TD Rewards Points (that's up to 175,000 TD Rewards Points) with full Annual Fee Rebates in the first year for the Primary Cardholder and first two Additional Cardholders. Conditions Apply. Account must be approved, open and in Good Standing. Offer effective as of January 7, 2025.
Key Benefits
Card Features
BMO
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.
Key Benefits
Card Features
BMO
Annual Fee
$9.99
Purchase APR
0%
Foreign Fee
2.5%
Key Benefits
Card Features
Scotiabank
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
0.99% introductory interest rate on balance transfers for the first 9 months (2% fee per cash advance, 13.99% after that; annual fee $29). Plus no annual fee in the first year.
Key Benefits
Card Features
CIBC
Annual Fee
$20.00
Purchase APR
19.99%
Foreign Fee
2.5%
Welcome Offer
Effectively manage your business expenses.
Key Benefits
Card Features
CIBC
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
Transfer your credit card balance — get 0% interest for up to 10 months with a 1% transfer fee.
Key Benefits
Card Features
CIBC
Annual Fee
$35.00
Purchase APR
21.99%
Foreign Fee
2.5%
Key Benefits
Card Features
Scotiabank
Annual Fee
$39.00
Purchase APR
19.99%
Foreign Fee
2.5%
Welcome Offer
Get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39).
Key Benefits
Card Features
Scotiabank
Annual Fee
$39.00
Purchase APR
19.99%
Foreign Fee
2.5%
Welcome Offer
Get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39).
Key Benefits
Card Features
Scotiabank
Annual Fee
$35.00
Purchase APR
19.99%
Foreign Fee
2.5%
Key Benefits
Card Features
Scotiabank
Annual Fee
$29.00
Purchase APR
13.99%
Foreign Fee
2.5%
Welcome Offer
0.99% introductory interest rate on balance transfers for the first 9 months (2% fee per cash advance, 13.99% after that; annual fee $29). Plus no annual fee in the first year.
Key Benefits
Card Features
TD Bank
Annual Fee
$1.00
Purchase APR
21.99%
Foreign Fee
2.5%
Welcome Offer
Earn up to $1,000 in value, including up to 85,000 TD Rewards Points and no Annual Fee for the first year. Conditions Apply.
Key Benefits
Card Features
TD Bank
Annual Fee
$25.00
Purchase APR
12.9%
Foreign Fee
2.5%
Welcome Offer
Get a 0% promotional interest rate on Purchases for the first 6 months from Account opening. Conditions Apply.
Key Benefits
Card Features
TD Bank
Annual Fee
$39.00
Purchase APR
21.99%
Foreign Fee
2.5%
Key Benefits
Card Features