Best Credit Cards for Bad Credit in Canada - November 2026

Enjoy a 0% promotional interest rate on balance transfers for the first nine months, with a 1% transfer fee. Plus, pay no annual fee for the first year¹.

• Save hundreds of dollars in interest each year
• Low interest rate of 13.99%
• Pay down balances faster
• Simplify your monthly payments
• Get up to 5¢/L in value on fuel purchases at Shell with your card linked to a Shell Go+ Account (instant discount and Scene+ points value; the maximum assumes a premium fuel purchase)
• Limited time: until December 31, 2026, get an additional 3¢/L off at Shell when you pay with your linked card in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and the Northwest Territories (excluding Shell Flying J locations)

Rates, fees and other information are effective as of July 2, 2026. Subject to change.

Transfer your credit card balance of $100 or more – Get 0% interest for up to 10 months with a 1% transfer fee^† and a first year annual fee rebate^†

Check full offer details below^†:

• Transfer up to 50% of your assigned credit limit^†
• If you choose to carry a balance and you make your minimum payments on time, a balance transfer could save you money on interest
• Take advantage of this 0% introductory interest rate on balance transfers of $100 or more for your first 10 months. You’ll only have to pay a 1% fee^† when you transfer your balance from another card to the CIBC Select Visa Card.
• This balance transfer offer is only available at the time of your online application.^† Simply tick the checkbox to select the balance transfer option when you’re filling out your application

Once you take advantage of this offer, you will have a promotional rate balance on your account. As a result, you will lose your interest-free grace period on new purchases unless you pay your amount due, including any promotional rate balances, in full each month. While you will enjoy the promotional rate on the balances you transfer by using this offer, new purchases will be subject to the purchase interest rate.

Balance transfers of amounts less than $100 are not eligible for this promotional balance transfer offer and will be subject to the regular interest rate for Cash Advances applicable to your account.

CIBC is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click on the “Apply now” link.

Get a free Skip+ membership when you link your eligible CIBC credit card

Plus, enjoy $0 delivery fees and earn a $10 monthly voucher.^†

Fuel up for less

Link your card with Journie Rewards to save up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.^†

Get 50% off Disney+ for 6 months

Use an eligible CIBC credit card to pay for your Disney+ Standard with Ads subscription, and automatically receive $4.50 each month in statement credits.^†

^†Conditions Apply. “Cash” means cash advances, balance transfers and CIBC Convenience Cheques.

• During your first 3 months of membership with the SimplyCash^® Card from American Express, you can earn a bonus of 5% cash back on all your purchases (up to $2,000 in purchases). This offer is in addition to your everyday cash back rates. That’s up to $100 in bonus cash back.
• Earn 2% cash back on eligible purchases at Canadian gas stations, 2% cash back on eligible purchases at Canadian grocery stores (up to $300 cash back per year), and 1.25% cash back on all other eligible purchases.
• Access events and special offers curated for Cardmembers with Amex Experiences^TM
• Insurance coverage and 24/7 Customer Service

Apply with confidence!

• See if you’ll be approved before you apply – with no impact to your credit score.*
• When applying for a new card, businesses will typically run a “hard check” of your credit report. A hard credit check can cause a temporary impact to your credit score.
• Unlike many lenders, for American Express’ personal cards, you can see if you will be approved before you apply without impacting your credit score
• A soft credit check is a check into your credit report initiated either by you or a company even if you didn’t apply for credit. It is primarily used to screen for pre-approval financing offers or for a background check
• Available for American Express personal cards, we’ll let you know your eligibility with no impact to your credit score, so you can submit your application with confidence.*

*Instant decisions are only available for Consumer (also known as Personal) Card applications.

• No annual fee
• Standard Annual Interest Rates of 12.99% on eligible purchases, 17.99% on balance transfers✪, and 24.99% on cash advances.
• Rates and fee structures may differ for Quebec residents.
• You could get a 0% promotional annual interest rate (“AIR”)^† for 12 months on balance transfers✪ completed within 90 days of account opening, with a 3% transfer fee. This promotional offer is not available to residents of Quebec.
• This card is made from 100% recycled plastic.
• Around-the-clock fraud protection
• Use available credit on your credit card to transfer funds right to your chequing account.

Apply for the MBNA True Line^® Mastercard^® credit card today

• $39 annual fee
• Standard Annual Interest rates of 10.99% on purchases, 13.99% on balance transfers, and 24.99% on cash advances
• Rates and fee structures may differ for Quebec residents.
• This card is made entirely of recycled plastic
• Around-the-clock-fraud protection
• Use available credit on your credit card to transfer funds right to your chequing account.

• Low interest rate: 8.9% on purchases, 12.9% on cash advances and balance transfers
• Purchase protection
• Extended warranty
• Contactless payments
• Secure online shopping
• Fraud protection
• Mastercard^® Zero Liability protection

Get a 0% promotional interest rate on Purchases for the first 6 months^† from Account opening and receive an Annual Fee rebate for the first year^†. Conditions Apply.

The Annual Fee Rebate applies only for the first year for the Primary Cardholder. To receive the first-year Annual Fee Rebate for the Primary Cardholder, you must apply for, activate your Card and make your first Purchase on the Account within the first 3 months after Account opening.