Top 5 High-Sign-Up Bonus Credit Cards in Canada [Updated December 2024]

Looking for credit cards with high sign-up bonuses in Canada? A roundup brings you the best credit card offers for December 2024. These cards feature generous rewards, comprehensive benefits, and lucrative bonuses. Whether you’re a frequent traveler or a savvy spender, this guide has something for everyone.

Note: These recommendations are based on my own analysis and are not ranked by value. If you’d like to support me, please apply using the links provided or click on ADs. This helps us continue delivering quality content.

1. Laurentian Bank Visa Infinite

• Annual Fee: $130 (first-year annual fee waived for the primary cardholder with one qualifying purchase).
• Rewards Structure:
  • 2x Points: Groceries, gas, transit, and travel-related purchases.
  • 2x Points: Monthly bill payments (e.g., utilities, insurance, internet).
  • 1x Point: All other purchases.
• Sign-Up Bonus:
  • 60,000 points ($600 value): Spend $6,000 in the first six months.
  • 10,000 points ($100 value): Add two authorized users.
  • 5,000 points ($50 value): Set up one pre-authorized payment.
  • 10,000 points ($100 value): Set up two installment payment plans.
  • 2,000 points ($20 value): Register for Assur-Payment (not recommended).
  • Referral Bonus: Get 2,000 points ($20 value) for every referral, and your friend also gets 2,000 points.

Why Choose This Card: A solid cashback card with a high-value welcome bonus and excellent point-earning potential for everyday spending.

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2. American Express Business Platinum

• Annual Fee: $799.
• Rewards Structure:
  • 1.25 Membership Rewards (MR) Points: Per $1 spent on all purchases.
• Sign-Up Bonus:
  • 115,000 MR Points: Spend $15,000 in the first three months.
  • 40,000 MR Points: Make one purchase between months 14 and 17.
  • Total: 155,000 MR Points (worth up to $1,550 when redeemed for travel).

Why Choose This Card: It’s one of the best premium business cards for entrepreneurs, with no requirement for a registered business (you can apply as a sole proprietor). Includes premium travel perks, such as airport lounge access, hotel elite status, and more.

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3. RBC Avion Visa Infinite Privilege

• Annual Fee: $399.
• Rewards Structure:
  • 1.25 Avion Points: For every $1 spent on all purchases.
• Sign-Up Bonus:
  • 55,000 Avion Points: Spend $5,000 in the first six months.
  • 15,000 Avion Points: On the card’s first anniversary.
  • Total: 70,000 Avion Points (worth up to $1,050 when redeemed for travel).

Why Choose This Card: Comprehensive travel insurance, high earn rates, and flexible redemption options make this card an excellent choice for frequent travelers.

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4. TD First Class Travel Visa Infinite

• Annual Fee: $139 (first year waived).
• Rewards Structure:
  • 8x Points: Travel bookings through Expedia for TD.
  • 6x Points: Groceries and dining (first $25,000 annually).
  • 4x Points: Pre-authorized purchases (first $25,000 annually).
  • 2x Points: All other purchases.
• Sign-Up Bonus:
  • 20,000 Points: First purchase.
  • 115,000 Points: Spend $5,000 in the first 180 days.
  • Total: 135,000 Points (worth up to $675 when redeemed for travel).

Additional Perks:

• Annual 10% bonus on TD Rewards points earned.
• $100 Expedia for TD travel credit.

Why Choose This Card: Excellent for travelers looking to maximize points on Expedia bookings and everyday categories like dining and groceries.

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5. American Express Marriott Bonvoy

• Annual Fee: $120.
• Rewards Structure:
  • 5x Marriott Bonvoy Points: Marriott hotel stays.
  • 2x Marriott Bonvoy Points: All other purchases.
• Sign-Up Bonus:
  • 60,000 Marriott Bonvoy Points: Spend $3,000 in the first three months (5,000 points more than the standard offer).

Additional Perks:

• Annual free night certificate (up to 35,000 points).
• Automatic Marriott Bonvoy Silver Elite Status (Gold Status with $30,000 annual spend).

Why Choose This Card: Ideal for Marriott Bonvoy enthusiasts who want to earn points for hotel stays and enjoy elite perks like room upgrades and late checkout.

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Final Thoughts

These credit cards offer some of the highest sign-up bonuses in Canada, perfect for maximizing your rewards potential. Whether you’re a frequent traveler or prefer cashback simplicity, there’s a card here for you.

Don’t wait too long—many of these offers are limited-time promotions ending in early 2025. Apply today and start earning rewards!