If you are a resident in Canada, and are looking for the best credit card for your lifestyle, you have come to the right place. We have compiled the most popular and best Canadian credit cards here so that you can easily compare them and apply for the one that’s best for you. These credit cards offer you low interest, cash back, rewards, and other benefits. You can also use the links on the left to browse credit cards issued by Capital One Canada and MBNA Canada. Click here if you are looking for the Best Credit Cards in the US. Do note that you need good to excellent credit to be approved for the cards.

SmartLine Platinum MasterCard is the best low interest card offered by Capital One (NYSE:COF) Canada as their long-term rates are the lowest among their cards. It doesn’t have any annual fee, and offers an introductory rate of 5.99% on purchases and balance transfers for 3 years – guaranteed! To enjoy this guarantee, just make sure to pay your bills on time each month. To help you save more money, you pay no balance transfer fee at all when you do a balance transfer. After 3 years, you pay a variable rate of Prime +4.99% on purchases and balance transfers. The SmartLine Platinum MasterCard (NYSE:MA) will suit those who carry a balance, and also those who want to cut any existing card debt by doing a balance transfer from another high-interest card. To be approved, you must have had a Canadian credit card for more than 3 years and have a household income of at least $40,000.

Click to read our review of the Capital One Smartline credit card.

Capital One Aspire Travel Platinum MasterCard is a popular rewards credit card with no annual fee. It gives you 1 reward mile for every $1 you spend on any purchase. New sign-ups will get a bonus of 10,000 miles after making their first purchase, and will also receive 25% more anniversary bonus miles annually. These miles are redeemable for travel, cash, gift cards or merchandise. This Capital One Aspire Travel Platinum MasterCard will suit those who like to earn rewards and don’t carry a balance as the annual interest rate for purchases and balance transfers is 19.8%. To be approved, you need to have good to excellent credit and have a minimum household income of $30,000.

MBNA Smart Cash MasterCard Credit Card is a good cash rewards card for Canadians who want to receive up to 5% on purchases at supermarkets and gas stations for the first 6 months, 3% thereafter and 1% on everything else. By offering a low 1.99% promotional annual interest rate on balance transfers for 10 months, it will benefit you if you want to cut your credit card debt by moving any card balance to this card. To qualify for this MBNA Smart Cash MasterCard Credit Card, you need to have a combined household income of at least $35,000.

MBNA Sony Card MasterCard Credit Card is a rewards card designed for Canadians who are fans of Sony products. It gives you 2 points per dollar you spend at the Sony store/Maison Sony or at SonyStyle.ca, and 1 point per dollar on all other purchases with your card. After making your first qualifying transaction you will receive 2,000 bonus points. Points can be redeemed for any Sony product you like at the Sony Canadian website. This MBNA Sony Card MasterCard Credit Card doesn’t have any annual fee.

American Express AIR MILES Platinum Credit Card is a travel rewards card for Canadian residents who want to earn 1 mile for every $10 you spend at participating AIR MILES Sponsors (consist of more than 120 retailers including Amazon.ca, Apple Store Canada, ebay, Buy.com, Hilton hotels, Holiday Inn, etc), and 1 mile for every $15 spent on all other types of purchases. It has an annual interest rate of 19.99% on purchases, and annual fee of $50 (waived for the first year). Great Platinum privileges such as a $100,000 travel accident insurance, Front Of The Line Preferred Ticket Access, purchase protection and many more. Supplementary cards are free.

American Express Business Gold Rewards Card is a business credit card for business owners who want a rewards card with no pre-set spending limit. For every dollar spent on business expenses, you get 1 point, and there’s no limit to how many points you can earn. Under its Membership Rewards program, points can be exchanged for travel, shopping, dining and entertainment rewards. You can also transfer your points to participating frequent flyer programs. Sign-up offer: Get 25,000 bonus points after you spend $3,000 during the first 3 months, which can be redeemed for a round-trip air ticket within North America! Plus, stand to earn 40,000 purchases bonus points each year. Annual fee of $180 is waived for the first year.