Do you need a credit card but don’t want to wait weeks to get approved? Well, look no further! We have compiled a list of the top 10 instant approval credit cards available in Canada. With these cards, you can apply online and receive an instant decision on your application. No more waiting in suspense, wondering if you’ll be accepted or not. So let’s dive into the instant approval credit cards world and find the perfect one for you!
Top 10 Instant Approval Credit Cards in Canada
1. Tangerine Money-Back Credit Card
Tangerine Money-Back Credit Card is one of Canada’s best instant approval credit cards that offers many benefits to its users. This card has no annual fee and provides up to 2% cash back on purchases made with select merchants, including grocery stores, gas stations, restaurants, and recurring bill payments.
Another great feature of this credit card is that it allows you to choose your own categories for earning cash back at a rate of 0.5%. You can change these categories every month depending on your spending habits. The Tangerine Money-Back Credit Card also offers free additional cards for authorized users and offers purchase assurance and extended warranty coverage for eligible items purchased with the card.
Furthermore, this credit card has a mobile app that allows you to manage your account easily. You can view your transactions, track your rewards balance, pay bills online or through the app using Interac e-Transfer, and set up automatic payments or alerts so you never miss a payment due date.
The Tangerine Bank Credit Card is an excellent choice for those who want an easy-to-use rewards program without any annual fees.
Apply Link: https://www.tangerine.ca/en/products/spending/creditcard/money-back
2. Canadian Tire Triangle Mastercard
Canadian Tire Triangle Mastercard is a credit card that offers its users a variety of rewards and benefits. One of the main advantages of this credit card is that it has no annual fee, making it an excellent option for those who want to keep their expenses low. Another great feature is the ability to earn Canadian Tire Money on all purchases made with the card. This can be used towards future purchases at Canadian Tire stores or online.
The Triangle Mastercard also provides access to exclusive events and promotions, such as discounts on gas at participating gas stations. Additionally, this credit card comes with travel insurance coverage for unexpected emergencies while travelling outside your province or territory of residence.
The Canadian Tire Triangle Mastercard is a solid choice for those looking for a straightforward rewards program without any extra fees.
Apply Link: https://triangle.canadiantire.ca/en/credit-cards/triangle-mastercard.html
3. PC Financial Mastercard
PC Financial Mastercard is a great option for those looking for an instant approval credit card in Canada. With no annual fee and a 25,000 PC Optimum points bonus upon first purchase, this card offers excellent rewards on groceries and gas purchases at participating stores.
The PC Financial Mastercard also allows users to earn additional points when shopping online at the PC Insiders Collection or Shoppers Drug Mart beauty boutiques. Plus, there’s no limit to the number of points you can earn with this card.
With a lower interest rate compared to other cards on the market, it’s easy to see why many Canadians choose the PC Financial Mastercard as their go-to credit card option. And with features like contactless payment and fraud protection services provided by President’s Choice Bank, this card is both convenient and secure.
If you’re looking for an instant approval credit card that provides great rewards and benefits without any hidden fees or charges – consider applying for the PC Financial Mastercard today!
Apply Link: https://www.pcfinancial.ca/en/credit-cards/pc-mastercard/
4. Neo Credit
Neo Credit is a relatively new player in the Canadian credit card market, but it’s already making waves with its innovative features and flexible benefits. This digital-first credit card offers instant approval online, allowing users to start using their card immediately upon approval.
One of the standout features of Neo Credit is its cashback rewards program, which allows users to earn up to 3% cash back on purchases made at select merchants. The program is highly customizable, allowing users to choose which categories they want to earn cashback in based on their spending habits.
In addition to its rewards program, Neo Credit also boasts no annual fee and no foreign transaction fees – making it an attractive option for frequent travellers or those who frequently shop online from international retailers. Another unique feature of Neo Credit is its “pause” button. Users can temporarily freeze their card if they misplace it or suspect fraudulent activity – giving them peace of mind and control over their finances.
Neo Credit’s user-friendly app interface and innovative features make it a top contender among Canada’s instant approval credit cards.
Apply Link: https://www.neofinancial.com/neo-credit
5. American Express Cobalt
American Express Cobalt is a credit card designed for those who love to travel, dine out and earn rewards points. With its sleek metal design and impressive benefits, it’s no wonder why it’s becoming a popular choice among Canadians.
The card offers 5x the points on eligible eats and drinks, including restaurants, bars, cafes and even food delivery services. It also provides 2x the points on eligible travel purchases such as flights, hotels and car rentals. Plus, with the ability to transfer your Membership Rewards points to airline loyalty programs or redeem them directly for travel expenses through Amex Travel Online Portal – you have endless possibilities when it comes to using your rewards.
One unique feature of this card is that there are no blackout dates or restrictions on how many reward points you can accumulate. You can use them whenever you want without any limitations.
Moreover, American Express Cobalt has several built-in insurance policies like trip interruption/cancellation insurance up to $1,500 per person if an emergency situation occurs during travels purchased with the card. American Express Cobalt is a great option for frequent travellers looking for flexibility in earning and redeeming reward points while enjoying valuable benefits like insurance coverage.
Apply Link: https://www.americanexpress.com/ca/en/credit-cards/cobalt-card/
6. BMO Preferred Rate
If you are someone who carries a balance on your credit card, the BMO Preferred Rate could be an excellent option for you. This card offers a low-interest rate of 12.99%, which is significantly lower than most credit cards in Canada. The BMO Preferred Rate also comes with no annual fee, making it a budget-friendly choice for those looking to manage their finances efficiently. Furthermore, the card provides additional benefits such as purchase protection and an extended warranty.
One downside of this card is that it does not offer rewards or cashback programs like other credit cards. However, if you prioritize having a low-interest rate over earning rewards points, then the BMO Preferred Rate would be an ideal choice for you.
If you are looking for a simple and straightforward credit card with no frills attached and only want to pay interest charges at an affordable rate, then the BMO Preferred Rate could be worth considering in your search for instant approval credit cards in Canada.
Apply Link: https://www.bmo.com/main/personal/credit-cards/preferred-rate-mastercard/
7. Home Trust Secured Visa
Residence Trust Safe Visa is a credit card that needs to be approved with a security deposit. The amount of the deposit will determine your credit limit, which ranges from $500 to $10,000. This type of credit card is perfect for those who are looking to build or rebuild their credit score.
One of the advantages of a Home Trust Secured Visa is that it reports to both Equifax and TransUnion, which means that any positive payment history will reflect on both agencies’ reports. Moreover, customers can improve their credit scores with responsible use and timely payments.
The annual fee for this card is $59 per year, which may seem high compared to other secured cards in Canada; however, the benefits outweigh the cost if you’re serious about improving your financial situation. Additionally, using this card overseas is free of international transaction fees.
Home Trust Secured Visa provides an excellent opportunity for those with poor or limited credit history to establish themselves as reliable borrowers while enjoying key features such as rental car insurance coverage and extended warranty protection without access to an unsecured line of credit.
Apply Link: https://www.hometrust.ca/credit-cards/secured-visa-card/
8. KOHO Prepaid Mastercard
KOHO Prepaid Mastercard is a popular option for those who want to have control over their spending. One of the advantages of this card is that it functions as a prepaid card, meaning you can only spend what you load on it. This makes it an excellent option for anyone trying to stick to a budget or avoid overspending.
Another great feature of the KOHO Prepaid Mastercard is that no credit checks are required. Anyone can apply and be approved, regardless of their credit score or history. This not only makes it accessible but also eliminates the risk associated with traditional credit cards.
Additionally, KOHO offers cashback rewards on purchases made with the card at select retailers. These rewards can add up quickly and provide extra savings in your wallet. The app-based system allows users to track expenses in real time and set financial goals easily. Its user-friendly interface ensures everyone using the service gets value from its features without any technical hitches.
If you’re looking for a way to manage your spending while earning cashback rewards without worrying about interest rates or fees, then KOHO Prepaid Mastercard might be the perfect solution.
Apply Link: https://www.koho.ca/
9. SimplyCash Card from American Express
The SimplyCash Card from American Express is a great option for those who want to earn cashback on their purchases without any annual fee. With this card, you can get 2.5% cash back on all purchases made within the first three months of opening your account, up to $150 in total.
After that introductory period ends, you will still earn 1.25% cash back on all purchases with no limit or category restrictions. The best part about this card is that your monthly cashback rewards are automatically credited to your account.
Some added perks, such as travel accident insurance and purchase protection, provide peace of mind while making transactions. If you’re looking for a simple and straightforward credit card with no annual fee that rewards you for everyday spending, then the SimplyCash Card from American Express could be the perfect fit for you.
Apply Link: https://www.americanexpress.com/ca/en/credit-cards/simply-cash/
10. Scotiabank Gold American Express Card
The Scotiabank Gold American Express Card is a premium credit card option that offers a range of benefits to its users. With this card, you can earn rewards points on every purchase you make, which can then be redeemed for travel rewards or other gifts.
One of the standout features of this card is its ability to earn accelerated points on certain categories such as gas stations, grocery stores and restaurants. This makes it an ideal choice for those who frequently spend money in these areas.
In addition to earning points, the Scotiabank Gold American Express Card also comes with other perks, such as access to exclusive events and experiences. Cardholders can enjoy special culinary events or VIP concert tickets just by owning this credit card.
Another benefit of this card is its comprehensive travel insurance coverage. Whether you’re travelling domestically or abroad, your trip will be protected against unexpected circumstances like flight delays, lost baggage or medical emergencies. Suppose you value luxury perks and want to maximize your reward earnings potential with everyday expenses like groceries and dining. The Scotiabank Gold American Express Card might be worth considering in that case!
Apply Link: https://www.scotiabank.com/ca/en/personal/credit-cards/american-express/gold-card.html
Conclusion
As we wrap up our discussion on Canada’s top 10 instant approval credit cards, it’s important to note that choosing a credit card is a personal decision. What works for one person may not work for another, so it’s essential to do your research and choose wisely. Remember that while some of these cards may have attractive rewards or benefits, they also come with fees and interest rates. It’s crucial to read the fine print before applying for any credit card so you know what you’re getting into.
FAQ – Top 10 Instant Approval Credit Cards in Canada
What is the easiest instant credit card to get?
As you can see, plenty of instant approval credit cards are available in Canada for those needing quick credit access. Each of the credit cards we’ve listed has its own features and benefits, so choosing one that fits your needs is important.
If you’re looking for the easiest instant credit card, we recommend checking out the KOHO Prepaid Mastercard or Tangerine Money-Back Credit Card. Both of these options have a high approval rate and require minimal documentation.
Ultimately, the key is to research and compare different options before deciding which instant approval credit card is right for you. By taking the time to find the best fit, you can enjoy all the benefits that come with having a convenient and reliable source of credit at your fingertips!
What credit cards are easy to get in Canada?
When it comes to getting a credit card in Canada, several options are available. However, not all credit cards are easy to get. Certain types of cards may be more difficult to obtain if you have a low credit score or limited credit history.
One type of card that is often easier to get is the secured credit card. These cards require you to make a deposit as collateral for your account and typically have lower minimum income requirements than traditional unsecured cards.
Another option for those with less-than-perfect credit is the prepaid debit card. While these do not help build your credit score, they can still offer some of the benefits of having a regular credit card – such as online purchases and cashless transactions.
Store-branded credit cards – like those offered by Canadian Tire or PC Financial – can also be easier to get than traditional bank-issued cards. They often come with lower fees and interest rates but may only be redeemable at specific retailers.
What makes a particular card “easy” to get depends on your financial situation and needs. It’s important to research different options thoroughly before applying and consider factors such as annual fees, rewards programs, and interest rates when making your decision.
What is the easiest Mastercard to get?
If you’re looking for a Mastercard that’s easy to get, there are several options available in Canada. One such option is the BMO Preferred Rate Mastercard. This card offers a low-interest rate and no annual fee, making it an attractive choice for those who want to build their credit history without paying high fees.
Another option is the PC Financial Mastercard, which also has no annual fee and provides rewards points on purchases. It’s a great choice if you frequently shop at Loblaws-owned stores like Superstore or Shoppers Drug Mart. The SimplyCash Card from American Express is another easy-to-get option offering cashback rewards. It also comes with travel insurance benefits and fraud protection.
For those looking for a secured credit card, the Home Trust Secured Visa can be a good choice as it allows you to use your own funds as collateral while building your credit history. The easiest Mastercard to get will depend on your individual needs and financial situation. Be sure to research all your options before choosing the one that works best for you.
Which Capital One card is easy to get?
Capital One offers several credit card options that are available for people with varying credit scores. Among them, the Capital One Platinum Mastercard is often considered one of the easiest cards to get approval for. This card typically requires a fair credit score and comes with no annual fee.
Another option from Capital One is the QuicksilverOne Rewards Credit Card, which also requires a fair credit score but comes with cashback rewards on every purchase made. However, this card does have an annual fee.
The Capital One Secured Mastercard is also available for those who may not yet qualify for these two cards. This card allows you to build your credit history by putting down a security deposit as collateral in case of missed payments or defaulting on your balance.
It’s important to note that each person’s financial situation and credit score will impact their chances of being approved for any particular credit card. It’s best to research all options and choose one that fits both your needs and current credit standing.
What cards give you an instant card number?
So there you have it, the top 10 instant approval credit cards in Canada. Whether you’re looking for cashback rewards, low-interest rates or a secured option, a card on this list will work for your needs. And if you need an instant card number to start using your new credit card immediately, consider applying for the Tangerine Money-Back Credit Card or the Canadian Tire Triangle Mastercard.
Remember always to use credit responsibly and make payments on time to avoid any negative impacts on your credit score. With these great options available at your fingertips, you can easily find a credit card that suits your financial goals and lifestyle.
