When you have the right credit card with the right rewards, your spending comes back to you! Use our rewards calculator to find out how much you can earn.
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The average Canadian can save up to $400 a year by switching their credit card
Incentives. Benefits. Rewards. From cash-back to points toward travel, gas or groceries – these offers suggest rewards credit cards can lead you to some big gains.
Let’s be real, who doesn’t want to jump at the chance of getting freebies? Even though all rewards credit cards seem enticing, it’s important to remember nothing in life comes for free.
But with so many options on the Canadian market, it can be hard to determine which credit card is the best for you. That’s there’s a tool that can help.
Whether you want a rewards card or you are simply interested in learning more about them, RateSupermarket.ca’s rewards calculator is a unique tool that will help you discover and compare the best rewards credit cards in Canada based on your personal spending habits. It’s easy-to-use and takes a few simple steps.
Our convenient credit card rewards calculator is designed to show you which credit card loyalty program will make the most of your money. You’ll receive comprehensive – yet, easy-to-understand – results that are personalized to your individual spending habits. Don’t worry, your information is always confidential.
See which card is best suited to your financial habits. Here’s how to use our rewards calculator:
Personalized Credit Card Recommendations. Our credit card calculator puts your current credit card beside the market leader to compare:
Based on your financial profile, we’ll also provide you with options as to which Canadian rewards credit card is best for you. Happy with our recommendations? You can even apply for a credit card, right then and there.
Accessible results, anytime. Don’t have time to view your results or compare credit cards? Email yourself the results to review them later.
See how much you can be earning. With the option to adjust your monthly payments using the calculator’s sliders, you can see how this payment can either increase or reduce the amount of rewards you will receive throughout the year.
It’s important to note that this calculator assumes that you are spending a fixed amount each month. The actual amount you earn will be based on your monthly spending habits once you receive the card. But don’t just spend to earn rewards – use the card responsibly.
This is where you have to think about what is important to you as a shopper and what you want out of this credit card. Every rewards card has different features and benefits – it can get a little bit overwhelming. It’s important that when you start comparing rewards credit cards, you don’t pick the first one you see.
Earning potential: Ultimately, the more you use your card, the more rewards you earn. However, there are credit cards that allow you to earn even more points if you make your purchases at certain retailers. But beware, if you’re a big spender – there may be a points cap meaning you’ll only be able to earn a certain number of points throughout the year.
Additional Perks: Many rewards credit cards offer discounts and memberships beyond the loyalty program. Some offer travel rewards towards hotel stays, car rentals and dining, while others give you exclusive access to airport lounges.
Sign-up offers: Some credit cards offer bonuses for signing up as a way to kickstart your earnings. such as introductory rates, annual fee waivers, bonus points, or even gift card incentives. Bonus points can be worth a few hundred dollars, so it’s definitely worth considering when you’re shopping for a new rewards credit card.
Fees: While some rewards credit cards don’t have an annual fee, most typically require the cardholder to pay an annual fee — even if you don’t use it during the year. The fee is reflective of the benefits you receive for using the card. In some cases, the annual fee may be waived when you sign up.
Now that you know what to look for in a good rewards credit card, let RateSupermarket.ca help you find the best card to satisfy your shopping needs, wherever you go.