Compare the best Mastercard credit cards in Canada. World Elite, World, and Platinum tiers compared.
It comes with a welcome bonus of 50,000 points. You earn 5x on groceries and 5x at restaurants. Estimated first-year value is $872.
NBC Rewards
Ends Jun 29, 2026
The BMO Ascend World Elite Mastercard offers a first year annual fee rebate (regular fee $150/yr). It comes with a welcome bonus of 115,000 points. You earn 1x on groceries and 3x at restaurants. Estimated first-year value is $1,195.
BMO Rewards
The BMO VIPorter World Elite Mastercard offers a first year annual fee rebate (regular fee $199/yr). It comes with a welcome bonus of 70,000 points. You earn 2x on groceries and 2x at restaurants. Estimated first-year value is $1,644.
Porter VIPorter
Ends Jun 30, 2026
It comes with a welcome bonus of 25,000 miles. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $606.
United MileagePlus
The Rogers Red World Elite Mastercard has no annual fee, making it risk-free to hold. You earn 1.5x on groceries and 1.5x at restaurants. Estimated first-year value is $335.
Cash Back
Complete Guide
Compare the best Mastercard credit cards in Canada. World Elite, World, and Platinum tiers compared.
Mastercard is the second-most accepted credit card network in Canada with about 75 cards from major banks and fintechs. Their tier system includes Standard, Gold, Platinum, World, and World Elite, each with increasing perks.
Mastercard World Elite cards include premium travel insurance, Price Protection, Extended Warranty, and access to exclusive experiences. Cards like the Rogers World Elite and BMO Eclipse are among Canada’s most popular credit cards.
Mastercard is accepted at virtually every merchant in Canada. Many popular no-fee cards (Tangerine, BMO CashBack, Neo) use the Mastercard network, making it the go-to for everyday spending.
5
Cards analyzed
Jun 2026
Last updated
100%
Independent
Our team evaluates credit cards based on overall consumer value: rewards earning rates, annual fees, welcome bonuses, insurance coverage, and additional perks. Cards are ranked by estimated first-year value. We update our picks monthly.
FAQ
The BMO Eclipse Visa Infinite Privilege and Rogers World Elite Mastercard are top picks. For no fee, the Tangerine Money-Back and BMO CashBack Mastercard are excellent.
World Elite adds higher insurance limits, more comprehensive travel benefits, and exclusive experiences. Income requirements are also higher ($80K personal or $150K household).
Yes, Mastercard has near-universal acceptance in Canada, on par with Visa. Both networks work at virtually all merchants.
Compare the best credit cards in Canada or calculate which card's rewards actually fit your budget.
