Best First Year Free Credit Cards in Canada - October 2026

Earn up to $1,400 in value^†, including up to 160,000 TD Rewards Points, receive an Annual Fee rebate for the first year^† and additional travel benefits. Conditions Apply.

• Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card^†
• Earn 140,000 TD Rewards Points when you spend $7,500 within 180 days of Account opening^†
• Get an Annual Fee Rebate for the first year^†
• Get an annual TD Travel Credit^† of $100 when you book at Expedia^® For TD.
• Earn a Birthday Bonus of up to 10,000 TD Rewards points^†.
• Enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program (a value of up to $277)^†.

To receive the first-year Annual Fee Rebate for the Primary Cardholder, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the Additional Cardholder(s) first-year Annual Fee Rebate, you must add your Additional Cardholder(s) while the offer is in effect.

Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer unless otherwise indicated.

Get up to $1,900 in value, including up to 115,000 points, up to $200 in Instacart benefits, the Mastercard Travel Pass program and 4 complimentary airport lounge passes, the statement credit for NEXUS and the annual fee waived in the first year for the primary cardholder and authorized users.*

Plus, get 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*

• 5x the points for every dollar spent on eligible travel*, 3x the points for every dollar spent on eligible restaurant dining*, entertainment and eligible recurring bill payments*, 1 point for every dollar spent in other purchase categories*
• Free membership to the Mastercard Travel Pass app provided by DragonPass*, and four complimentary passes per year*
• Extended Warranty* and Purchase Protection*
• BMO Ascend^™ World Elite^®* Total Travel and Medical Protection:
  Get Collision Damage Waiver benefits on rental cars, 21 days of Out-of-Province/Out-of-Country Emergency Medical coverage of up to $5 million, and more.*
• Up to $200 Instacart benefit*

By clicking on the Subscribe button, you will be redirected directly to the National Bank credit card application form. Make sure you have the following information on hand: contact details, employment status, income and valid ID.

Terms and Conditions – Milesopedia Exclusive Promotion – World Elite Card

Welcome promotion period: June 30 to November 4, 2026.

Eligibility requirements:

• Sign up for a National Bank^® World Elite^® Mastercard^® credit card during the promotion period via the redirection link provided on the Milesopedia network websites during the promotion as a primary cardholder, as the primary cardholder.
• Must not have held any National Bank personal Mastercard credit cards in the last 24 months as the primary cardholder.
• Keep the credit card account open and in good standing until the annual fee is refunded. To be considered in good standing, you must comply with the terms of the Credit Card Agreement, such as paying all fees and minimum payments on time.
• Must not be employed by us or any entity in our group.

Promotion description:

• Refund of the first-year annual fee for the primary cardholder. We will charge this annual fee to your new card account and then refund it. You will receive this refund within five months of opening your account, provided your account is still open and in good standing. It will appear on your statement as a credit.
• Annual fees for authorized users’ cards are not eligible for this promotion.

Other conditions:

• You can only benefit from the promotion once.
• The card is issued subject to National Bank’s credit approval. Other conditions apply to the issuance of the card.
• This promotion cannot be combined with any other promotion or offer applicable to National Bank credit cards and is not retroactive.
• This promotion may be changed or withdrawn without notice.

Card benefits

• Annual travel credit ($150)
• Access to the National Bank Lounge
• Access to more than 1,300 airport lounges worldwide
• Comprehensive travel insurance for trips of up to 60 days
• Emergency medical and hospital insurance outside your province of residence
• Trip cancellation and trip interruption insurance
• Lost or stolen baggage insurance
• Car rental insurance
• Coverage for accidental damage, loss, or theft of mobile devices
• Extended warranty coverage on purchases
• Extended manufacturer’s warranty on purchases
• Medical, general, and legal assistance
• Enhanced security with Mastercard^® ID Check^™
• Discounts on monthly fees for The Total and The Connected banking packages
• Redeem points through the travel agency of your choice
• Up to 5 points per dollar spent^*

Get up to $1,150 in value, including up to 70,000 bonus points, a monthly statement credit for streaming services, a $50 statement credit, and no annual fee for the first year.*

• Earn 5x the BMO Rewards points on groceries, delivered or takeout meals, rideshares, public transit, and gas*
• Plus, earn 1 point for every dollar spent on everything else*
• Get a $50 lifestyle anniversary credit to use as you wish*
• Mobile Device Insurance that covers you for up to $1,000 per occurrence*
• Earn 10% more points when you add an authorized user to your account*
• Pay with Points by browsing your recent transactions and you can redeem your points for as little as $1*
• Extended Warranty* and Purchase Protection*
• Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*

Get 15% cash back on all purchases (up to $2,000 in total purchases) for the first three months¹. 0% introductory rate on balance transfers for the first 12 months (2% cash advance fee, thereafter: 22.99%)¹.

• Pay no annual fee in the first year, including on additional cards¹
• 4% for every $1 you spend on grocery store purchases, recurring bill payments and subscription purchases.
• 2% for every dollar spent on gas and daily transit purchases
• 1% cash back on all other purchases with no cashback limit
• Visa Infinite* Concierge Services
• Visa Infinite* Hotel Collection
• Visa Infinite* Dining and Wine Country Program
• Comprehensive Travel Insurance & New Mobile Device Insurance coverage
• New 2% Cash Back earn category: You will earn 2% on all eligible purchases of Food Delivery¹.
• New Cash Back Anytime feature: Redeem your cash back that you’ve earned whenever you need it, through the Scotia app or Scotia Online ($25.00 minimum redemption)¹.
• Get up to 7¢/L in value on fuel purchases at Shell with your card linked to a Shell Go+ Account (instant discount, cash back and Scene+ points value; the maximum assumes a premium fuel purchase with your Scene+ account also linked to Shell Go+)

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