Close Menu
    Facebook X (Twitter) Instagram
    Running Wolf's RantRunning Wolf's Rant
    • Home
    • Explore
    • Featured
    • Buy Us a Coffee!
    • Contact Us
    • Privacy Policy
    Facebook X (Twitter) Instagram TikTok
    Subscribe
    Running Wolf's RantRunning Wolf's Rant
    Facebook X (Twitter) Instagram TikTok
    Subscribe
    Home»Opinion»Credit Cards in Canada: What Are The Best Ones?

    Credit Cards in Canada: What Are The Best Ones?

    Staff WriterBy Staff Writer Opinion 4 Mins Read8 ViewsOctober 9, 2021
    Share Facebook Twitter WhatsApp LinkedIn Copy Link

    Whether we like it or not, credit cards are a must-have item for an adult living in North America. Sure, you can get along as a young adult with just a debit card that’s linked to your bank account. If you want to move forward in life, though, and to make any major purchases—a new car, say, or a house—you need a credit history to do so.

    NetfloristOfferforge

    Even most rental applications require a great credit score. This makes sense. After all, why would a landlord want an unreliable tenant? A credit score and credit history provide the necessary information for any potential landlord or lender who wants to know they’re going into business with a reliable person.

    Credit Cards in Canada

    All that being true, it still leaves the thorny question of how to go about choosing the right credit card for your specific needs. Each card comes with its pros and cons. Are you more interested in a hefty welcome bonus, or a low annual fee?

    How about bonus points for travel or other eligible purchases? Plus, of course, certain credit cards are designed differently for cardholders in the U.S. than they are for cardholders who are Canadians. If you’re feeling overwhelmed by the wealth of potential credit cards, never fear! We’ve got a few tips and tricks that will help you make a great credit card choice and boost your credit score at the same time.

    Consider your lifestyle and needs

    The first thing to do is examine your needs (and wants) when it comes to the way in which you live your life. For example, a common perk with a cash-back credit card is a certain percentage return on eligible purchases, such as at gas stations or pharmacies. If you don’t have a car, you don’t need a credit card that gives you cash or bonus points at the gas pump.

    On the other hand, if you travel a lot for work by plane, the best credit card might be one that gives you a welcome bonus if you use it for flights or an Air Canada credit card, on which you can accumulate bonus points to put towards future flights or upgrades. The best credit cards in Canada or the U.S. are the ones tailored to your lifestyle, which means that they offer the most opportunities to maximize potential perks.

    Take a good hard look at where your credit score is now

    Be honest. How’s your credit score and credit history? There’s no shame in having a spotty credit history, but bad credit can be a defining factor when it comes to deciding on the best credit card for you.

    If you struggle with making payments to American Express or MasterCard on time, maybe a huge credit limit and high interest rates aren’t great choices for you. In order to build credit, you need to pay off any accumulated debt, of course, but you also shouldn’t commit to a new credit card that will inhibit your journey towards a great credit score.

    Are you making any big purchases in the near future?

    Sometimes, it makes sense to make use of a credit card’s welcome bonus and then cancel after the first year, although this practice is definitely frowned upon by card issuers. It’s perfectly legal, though, and it may work in your favor if you need to pay for a renovation or another big expense soon, and you see a card that will give you a lot of bonus points for renovation-related purchases.

    Knowing that you have a credit card dedicated to your kitchen remodel will ease your mind when you’re searching for “kitchen design near me” or “new kitchen cabinets for excellent value.” You should note, though, that the sum you owe to the card issuer does not disappear once you cancel your credit card, and you still need to pay that back in order to avoid bad credit.

    Watch this space for updates in the Opinion category on Running Wolf’s Rant.

    Like what you just read? Subscribe To Our Newsletter to stay in the loop.

    Feel free to explore our website, check out our Featured Articles or scroll down to see the articles that are related to this article below. We've been around since 2008, so there's plenty of content.

    NetfloristOfferforge

    Looking for a gift for that special person in your life? Check out Netflorist.co.za, South Africa's top online florist and gift service. They offer flowers, gifts, and hampers for all occasions AND reliable nationwide delivery.

    Get Factual

    Loading posts...
    Canada Credit Cards
    Share. Facebook Twitter LinkedIn WhatsApp Copy Link
    Previous ArticleMobile Banking Apps: Make sure that you stay secure
    Next Article KwaZulu-Natal: 6 Game Reserves & Safari Accommodation Options
    Staff Writer

    Running Wolf's Rant's correspondent who chooses to remain anonymous...

    Related Posts

    Credit Cards
    By Staff WriterDecember 21, 2021

    Online Credit Card Generators: What Are The Best Ones?

    6 Mins Read350 Views
    Credit Cards
    By Pete CampbellAugust 3, 2021

    Your Credit Cards: How to Use Them To Rebuild Your Credit

    3 Mins Read16 Views
    Business Credit Card Debt
    By Trudy SeegerMay 13, 2019

    Business Credit Card Debt Settlements: How To Stay Afloat

    6 Mins Read21 Views
    The Great Credit Deal: A Comparison 1
    By Henno KrugerMarch 7, 2016

    The Great Credit Deal: A Comparison

    4 Mins Read17 Views
    Leave A Reply Cancel Reply

    Categories
    Latest In Opinion
    Berlin - German Cities
    August 29, 2025

    5 German Cities Worth Adding to Your Travel Bucket List

    17 Views4 Mins Read
    Headless CMS
    August 19, 2025

    Headless CMS: Powering Modern Digital Marketing

    13 Views10 Mins Read
    Nicole Fourie - Ops (Penquin)
    July 21, 2025

    Why Ops Leadership is the Unsung Hero in Marketing Agencies

    20 Views4 Mins Read
    Headless CMS
    June 17, 2025

    Headless CMS: Ideal for Healthcare Websites/Patient Portals

    13 Views10 Mins Read
    NetfloristOfferforge
    Latest in Other Categories
    Acer
    September 19, 2025

    Acer Powers South Africa’s Growing Gaming Scene

    10 Views2 Mins Read
    Sponsorships
    September 18, 2025

    Strategic Sponsorships: Building Authentic Connections

    9 Views3 Mins Read
    Acer Extensa O14-71
    September 18, 2025

    Acer Launches Extensa O14-71 Laptop in South Africa

    14 Views2 Mins Read
    BYD Dolphin Surf
    September 16, 2025

    SA’s Most Affordable EV Has Arrived: The BYD Dolphin

    15 Views3 Mins Read
    Featured Articles
    Brandy Fest: My 2 cents on the first edition 2
    September 11, 2017

    Brandy Fest: My 2 cents on the first edition

    30 Views4 Mins Read
    Where BLUES Meets ROCK: A Photo Album 3
    February 28, 2011

    Where BLUES Meets ROCK: A Photo Album

    57 Views6 Mins Read
    Random Facts
    May 1, 2024

    101 Random & Interesting Facts That Will Expand Your Mind

    108 Views20 Mins Read
    The 1980s - 80s music
    July 23, 2018

    1980s music: 101 interesting facts you may not have known

    19,555 Views16 Mins Read
    Follow Us!
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • TikTok
    Recent Comments
    • george on Jannie “Hanepoot” Van Tonder: Pre-Park Acoustics Onderhoud
    • Henno Kruger on 30 of the Best Jeff Foxworthy “You Might Be A Redneck” Quotes
    • spkguy89 on 30 of the Best Jeff Foxworthy “You Might Be A Redneck” Quotes
    • Henno Kruger on Photo Album: Oppikoppi Photos from 2005, 2007, 2009 and 2010
    Subscribe to Our Newsletter

    Join The Wolf Pack!

    Get updates in your Inbox

    Check your inbox or spam folder to confirm your subscription.

    Facebook X (Twitter) Instagram TikTok
    © 2025 Running Wolf's Rant. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.