Before It’s Too Late! Best Credit Card Welcome Offers of February 2020

Woman smiling holding shopping bag and using credit card on mobile phone

Welcome offers come in all shapes and sizes. Sometimes there are requirements you have to meet to qualify for a promotion, while others automatically benefit the cardmember. It can be tricky to find an offer that will benefit you the most.

To make things easier, we’ve collected the top nine welcome offers for February. We have sorted them into travel, cash back, and specialty rewards offers, so you can skip the ones that may not interest you.

These promotions run for a limited time, so before it’s too late, check out the best credit card welcome bonuses for this month:

Top Travel Welcome Offers:

  • Scotiabank®* Gold American Express® Card: Earn 20,000 bonus Scotia Rewards points when you spend $1,000 within the first three months. This card is great for the long-stay traveller. Pay no foreign transaction fees on purchases made on the card. Plus, receive a bonus from RateSupermarket.ca!
  • CIBC Aventura® Gold Visa* CardEarn up to 35,000 bonus Aventura Points in the first year of card membership. That is enough for a flight to anywhere in the continental U.S. or Canada.

Top Cash Back Welcome Offers:

  • CIBC Dividend® Visa Infinite*Collect 10% cash back for the first four statements, up to $2,000 in total purchases.
  • Scotia Momentum® Visa Infinite* Card: Earn 10% cash back for the first three months, up to $2,000 in total purchases, combined with terrific complimentary insurance coverages. Plus, receive a bonus from RateSupermarket.ca!  
  • TD Cash Back Visa Infinite* CardEarn 10% cash back on all purchases for the first three months, up to a total spend of $2,000.
  • Tangerine World Mastercard®Collect 2% cash back in up to three Money-Back categories and 0.50% back everywhere else. Also enjoy Mobile Device Insurance when you buy your phone with this card. Plus, receive a bonus from RateSupermarket.ca!
  • Tangerine Money-Back Credit CardEarn 2% Money-Back Rewards in up to three categories of your choice and 0.50% back everywhere else. Plus, receive a bonus from RateSupermarket.ca!

Top Specialty Rewards Offers:

  • President’s Choice Financial® Mastercard®New cardholders can earn 20,000 bonus PC Optimum points when they make their first purchase at a Loblaw banner store or partner. Plus, receive a bonus from RateSupermarket.ca!
  • SCENE®* VISA* CardFor a limited time, collect 2,500 bonus SCENE points when you spend $500 within the first three months. That’s enough for two regular movie tickets. Plus, receive a bonus from RateSupermarket.ca!

Scotiabank®* Gold American Express® Card

Scotiabank®* Gold American Express® Card

Sign up for the Scotiabank®* Gold American Express® Card earn 20,000 bonus Scotia Rewards points when you spend at least $1,000 within the first three months. Plus, for a limited time, receive a bonus $50 e-Gift card from RateSupermarket.ca when your application is approved!

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for supplementary cards: $29
  • No foreign transaction fees
  • Earn 5X the Scotia Rewards points on grocery, restaurant, food delivery, food subscription, and entertainment purchases.
  • Earn 3X the Scotia Rewards points on gas, daily transit, and select streaming services.
  • Earn 1X the Scotia Rewards points on everything else.

Cardholders enjoy all that American Express Invites has to offer, including exclusive access, advanced ticket sales, experiences, and deals. This card also offers a full suite of travel insurance coverage.

Sign-Up Bonus Expiry Date:

  • Scotiabank offer: March 1, 2020
  • RateSupermarket.ca offer: February 29, 2020

CIBC Dividend® Visa Infinite*

CIBC Dividend® Visa Infinite*

The CIBC Dividend® Visa Infinite* offers cardholders 10% cash back for the first four monthly statements, up to $2,000 in purchases. Plus, CIBC will waive the annual fee for the first year.

Regular features and benefits of this card include:

  • Annual fee: $99
  • Earn 4% cash back on gas and grocery purchases.
  • Receive 2% back when you shop at Tim Hortons and Telus.
  • Collect 1% back on everything else.

Cardmembers can enjoy a full suite of travel insurance and access to Visa Infinite benefits worldwide.

Sign-Up Bonus Expiry Date: March 1, 2020


Scotia Momentum® Visa Infinite* Card

 Scotia Momentum® Visa Infinite* Card

The Scotia Momentum® Visa Infinite* Card offers new cardmembers 10% cash back on all purchases for the first three months, up to a total spend of $2,000. Plus, Scotiabank will waive the annual fee for both the primary and secondary cardholders for the first year.

For a limited time, also receive a $50 e-Gift card from RateSupermarket.ca when your application is approved.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for supplementary cards: $50
  • Earn 4% on groceries, recurring bill payments, and subscription services.
  • Collect 2% on gas and daily transit, including rideshare and public transit.
  • Get 1% back on everything else.

Cardholders have access to a full suite of travel insurance, as well as mobile device insurance, and extended warranty. So, you’ll have coverage no matter where you shop.

Sign-Up Bonus Expiry Date:

  • Scotiabank offer: April 30, 2020
  • RateSupermarket.ca offer: February 29, 2020

CIBC Aventura® Gold Visa* Card

CIBC Aventura® Gold Visa* Card

Sign up for the CIBC Aventura® Gold Visa* Card and receive up to 35,000 bonus Aventura Points. Collect 20,000 points when you make your first purchase using the card and another 15,000 points when you spend at least $10,000 within the first year. Plus, CIBC is offering a first-year annual fee rebate for the primary cardholder.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for supplementary cards: $50
  • Earn 2 points per dollar spent on travel through the CIBC Rewards Centre.
  • Collect 1.5 points per dollar on gas, grocery, and drugstore purchases.
  • Get 1 point per dollar on everything else.

Cardholders can redeem their points through the CIBC Rewards Centre for an assortment of travel, vacation packages, merchandise, gift cards, activities, and more. The card features an array of travel insurance coverages, four annual airport lounge visits, and a Nexus application fee rebate.

Sign-Up Bonus Expiry Date: July 5, 2020


TD Cash Back Visa Infinite* Card

TD Cash Back Visa Infinite* Card

For a limited time, the TD Cash Back Visa Infinite* Card is offering 10% cash back on all purchases for the first three months, up to a total spend of $2,000. Plus, TD will waive the annual fee for the primary cardholder for the first year.

Regular features and benefits of this card include:

  • Annual fee: $120
  • Annual fee for supplementary cards: $50
  • Earn 3% cash back on grocery and gas purchases, as well as recurring bill payments.
  • Get 1% back on all other purchases.

With this card, you can access emergency road services with the complimentary Deluxe TD Auto Club Membership and use the Visa Infinite Concierge service, available 24/7.

Sign-Up Bonus Expiry Date: March 2, 2020


President’s Choice Financial® Mastercard®

 President’s Choice Financial® Mastercard®

New President’s Choice Financial® Mastercard® members can earn 20,000 bonus PC Optimum points when they make their first purchase at Shoppers Drug Mart, Pharmaprix, or a Loblaw banner store, within six months of opening an account. That is a $20 value.

And, for a limited time, receive a $50 e-Gift card from RateSupermarket.ca when your application is approved.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Earn 10 points per dollar at Loblaw banner stores.
  • Receive 25 points per dollar at Shoppers Drug Mart.
  • Collect at least 30 per litre at Esso Mobil.
  • Get 20 points per dollar at PC Travel.
  • Make 10 points per dollar everywhere else.

When President’s Choice Mastercard users scan their PC Optimum card at the checkout, they can double-dip on points and accelerate their rewards.

Sign-Up Bonus Expiry Date: 

  • President’s Choice Financial offer: N/A (subject to change without notice)
  • RateSupermarket.ca offer: February 29, 2020

SCENE®* VISA* Card

 SCENE®* VISA* Card

The SCENE®* VISA* Card is offering new cardmembers 2,500 bonus SCENE points with their first $500 in purchases made within the first three months. That is enough for two free general admission movie tickets! Plus, receive a $50 e-Gift card from RateSupermarket.ca when your application is approved.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Earn five SCENE points when you shop at Cineplex theatres or cineplex.com.
  • Earn one SCENE point everywhere else.

Cardholders can redeem their points for free movie tickets including, general admission, 3D movie tickets, UltraAVX, IMAX, DBOX, and VIP Cinemas (different redemption amounts apply).

Sign-Up Bonus Expiry Date: 

  • Scotiabank offer: March 1, 2020
  • RateSupermarket.ca offer: February 29, 2020

Tangerine World Mastercard®

 Tangerine World Mastercard®

Apply for the Tangerine World Mastercard®  and receive a $250 account credit when you spend $5,000 within the first three months. Plus, receive a $50 e-Gift card from RateSupermarket.ca when your application is approved.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Earn 2% cash back in up to three Money-Back categories of your choice. Start with two categories and get the third when you choose to deposit your rewards into a Tangerine Savings Account.
  • Receive 0.50% back everywhere else you shop.

Cardholders can benefit from mobile device insurance and rental car collision/loss damage insurance. Also, enjoy Mastercard Airport Experiences provided by LoungeKey, for exclusive dining, retail, and spa offers at airports worldwide.

Sign-Up Bonus Expiry Date: 

  • Tangerine offer: March 31, 2020
  • RateSupermarket.ca offer: February 29, 2020

Tangerine Money-Back Credit Card

 Tangerine Money-Back Credit Card

For a limited time, the Tangerine Money-Back Credit Card is offering new cardholders a $250 account credit when they spend at least $5,000 in the first three months. Plus, receive a $50 e-Gift card from RateSupermarket.ca when your application is approved.

Regular features and benefits of this card include:

  • Annual fee: $0
  • Collect 2% in Money-Back Rewards in up to three categories of your choice. Start with two categories and get the third when you choose to deposit your rewards into a Tangerine Savings Account.
  • Earn 0.50% back on everything else.

Cardholders can also access a 1.95% promotional interest rate on balance transfers made within 30 days of opening the account for the first six months. A 1% fee applies to the amount transferred.

Sign-Up Bonus Expiry Date: 

  • Tangerine offer: March 31, 2020
  • RateSupermarket.ca offer: February 29, 2020

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