Compare the best Mastercard credit cards in Canada. World Elite, World, and Platinum tiers compared.
It comes with a welcome bonus of 70,000 pts. You earn 2x on groceries and 2x at restaurants. Estimated first-year value is $1,764.
Annual Fee
$199
Rewards rate
1x
Viporter
Welcome Bonus
70,000 pts
1st Year Value
$1,764
It comes with a welcome bonus of 50,000 pts. You earn 5x on groceries and 5x at restaurants. Estimated first-year value is $1,373.
Annual Fee
$150
Rewards rate
1x
Bnc Rewards
Welcome Bonus
50,000 pts
1st Year Value
$1,373
It comes with a welcome bonus of 100,000 pts. You earn 1x on groceries and 3x at restaurants. Estimated first-year value is $1,256.
Annual Fee
$150
Rewards rate
1x
Bmo Rewards
Welcome Bonus
100,000 pts
1st Year Value
$1,256
It comes with a welcome bonus of 100,000 pts. You earn 1.5x on groceries and 1.5x at restaurants. Estimated first-year value is $1,196.
Annual Fee
$149
Rewards rate
1.5x
Bmo Rewards
Welcome Bonus
100,000 pts
1st Year Value
$1,196
It comes with a welcome bonus of 480 pts. You earn 5x on groceries and 1x at restaurants. Estimated first-year value is $1,140.
Annual Fee
$120
Rewards rate
1x
Cashback
Welcome Bonus
480 pts
1st Year Value
$1,140
It comes with a welcome bonus of 40,000 pts. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $946.
Annual Fee
$89
Rewards rate
0.5x
Viporter
Welcome Bonus
40,000 pts
1st Year Value
$946
It comes with a welcome bonus of 60,000 pts. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $930.
Annual Fee
$180
Rewards rate
1x
Asia Miles
Welcome Bonus
60,000 pts
1st Year Value
$930
It comes with a welcome bonus of 30,000 pts. You earn 5x on groceries and 5x at restaurants. Estimated first-year value is $833.
Annual Fee
$120
Rewards rate
1x
Mbna Rewards
Welcome Bonus
30,000 pts
1st Year Value
$833
It comes with a welcome bonus of 25,000 pts. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $805.
Annual Fee
$89
Rewards rate
0.75x
United Mileageplus
Welcome Bonus
25,000 pts
1st Year Value
$805
It comes with a welcome bonus of 20,000 pts. You earn 5x on groceries and 5x at restaurants. Estimated first-year value is $733.
Annual Fee
$120
Rewards rate
1x
Mbna Rewards
Welcome Bonus
20,000 pts
1st Year Value
$733
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.
77
Cards analyzed
May 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.
Cash Back
Travel
No Fee
Students
Groceries
Restaurants
No FX Fee
1st Yr Free
Balance Transfer
Lounges
Aeroplan
PC Optimum
Scene+
Amex Membership Rewards
CIBC Aventura
RBC Avion
BMO Rewards
TD Rewards
WestJet Rewards
Marriott Bonvoy
RBC
CIBC
Scotiabank
BMO
American Express
TD
MBNA
National Bank
Neo Financial
Capital One
Desjardins
Tangerine
Rogers Bank
Laurentian Bank
Visa
Amex (network)
