Best Student Credit Cards Canada 2018

Best Student Credit Cards Canada

The results are in! We've got a list of the best student credit cards in Canada for 2018. Whether you're looking for the lowest interest rate, the best exclusive offers, the smartest intro packages, or the most travel points for students, this list will you get there!

It pays to be a student these days. While you're saving with a student credit card, you can also save on your personal banking with a student bank account. Cash in while you can!

*** FREEBIE ALERT: You can get a FREE $100 gift card if you sign up for the President's Choice Financial Mastercard right now. Click here for more info on this deal.

BMO SPC CashBack Student MasterCard

  • No annual fee
  • 1% cash back on ALL purchases (no conditions)
  • $60 cash back welcome bonus and a FREE SPC membership – a value of $10 annually
  • Doubles manufacturer's warranty for up to one year with purchase protection within 90 days

Click here to see the details & sign up for the BMO SPC card now

The SPC student loyalty program gets students get 10%-15% student discount at hundreds of stores in Canada, like McDonald's, Forever 21, Gap, and more. As long as applicants are enrolled in university or college without any established credit issues, you can get this credit card with a $500 line of credit.

BMO SPC AIR MILES Student MasterCard

  • No annual fee
  • Welcome Bonus: 500 airmiles
  • 1 air mile for every $20 spent
  • 10-15% savings through SPC
  • Doubles manufacturer's warranty for up to one year with purchase protection within 90 days

Click here to learn more & sign up for the BMO SPC Student card now

This card is one of the most popular among Canadian students and if you love to travel, with this welcome bonus, it's a bit of a no-brainer. Added bonus is that students don't need a part-time income, an established credit history, or parental consent to get the card. Easy peasy!

Laurentian Bank Student VISA Black Card

  • No annual fee
  • 19.99% interest on purchases
  • 21.99% on balance transfers or cash advances
  • Optional Rewards Card available for $3.50/month (will reimburse if more than $350 is spent per month)

Click here to learn more & sign up for the Laurentian Bank Student VISA Black card now

Laurentian Bank has a student VISA called the "Black Card" that has a no annual fee version and a Rewards version. The Rewards version includes a point system where points can be redeemed at over 80 retailers. It also includes protection and 90 days accidental damage coverage.

CIBC Aventura Visa Student Card

  • No annual fee
  • Welcome bonus: 2,500 bonus Aventura Points
  • 19.99% interest on purchases
  • 22.99% on balance transfers or cash advances
  • 1 Aventura Point for every $1 spent

Click here to learn more about the CIBC AventuraVisa Student Card now

This card is perfect if you travel home for the holidays. You can build up your points while making every day purchases and then fly home for free!



Honourable Mentions...

There are a couple credit cards that are not specifically dubbed student credit cards, but they are the most popular credit cards used by Canadian students. We've given them honourable mention since they are strong points of comparison to the ones listed above.

Scotiabank Scene Visa

  • No Annual Fee
  • Welcome Bonus: 2,000 bonus SCENE points
  • 5x points for every $1 spent

Click here to learn more & sign up for the Scotiabank Scene Visa card now

Scene Visa card from Scotiabank is a great card for students. The point system makes it easy to earn free movies just by buying things you're already buying! They're currently offering a 2,000 point welcome bonus, which is basically 2 FREE movies. You can redeem points for exclusive offers on WWE events, music downloads and earn extra points when you make purchases at the theatre itself.

Tangerine Money-Back Credit Card


  • No Annual Fee
  • 2% Money-Back Rewards on select purchases and 1% Money-back on all others deposited in your Tangerine Savings Account
  • 19.95% interest and 19.99% on cash advances
  • Excellent online banking option

Click here to learn more & sign up for the Tangerine Credit card now

The Tangerine Credit Card is not built specifically for students, but with no annual fee and user-friendly web and app options, it's a popular choice for a lot of students. The cash-back point system doesn't hurt either!


Did we miss one? Let us know below if there's a student credit card out there that rivals these offers!

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