Hey, this is Canadian Adrian wearing a T-shirt, today I am going to break Top 5 best free cashback 2020 Canadian credit cards The cards in this list are free, which means they do not charge an annual fee, but They still provide generous cash back bonus so there is no reason not to register They, because most of the time there is no annual fee, these cards are for people Moderate income, low credit score or even students, almost anyone can If you have a high income, you spend dozens Thousands of dollars of petrol groceries and other fees and checks every year Take out the top five premium cash back credit of my last malfunction video Cards in Canada have an annual fee, but if you spend enough money Their cash back is far from enough to cover the cost, please click on the link at the top right Check out those premium credit cards and learn how to register to the greatest extent If you are interested in applying for any of these card bonuses The card I am going to talk about today has a link in the description box Below I also want to give a quick warning that all these cards are Good way to earn extra cash back, but only cost what you can afford You must pay the full statement balance every month, otherwise you will Charge more than 20% interest on the cards in this list can save you 2% to 4% cash back, but if you cannot pay your credit card bill Compared with 20% interest in 2 to 4% of the time, nothing You are accused of being bad for you, so please keep smart control of your expenses and pay your bills on time So let ’s jump into the top 5 free cashback credit cards in Canada From the top, we have a best cash back credit card Rogers World Elite Mastercard Kaka has no annual fee, but even so Better or better than many bank cards that charge $ 100 or more per year The biggest disadvantage of this card is that it is difficult to meet your conditions Really need to have high income for the remaining cars on this list, but Let's start with good things and the card has no annual fee, but still Provide 1.75% cash back for each purchase you make This is the highest full cash back.
Credit card is provided free of charge at this price And almost 2% of the cash is returned to the results provided by American Express Just cash out my favorite card, the favorite historical credit card, but Americans pay an annual fee of $ 99, There is no annual fee for rogers mastercard, so if you use this Rogers Mastercard for Each purchase and expenditure you make assumes $ 10,000 per year You will get an income of $ 175 as You can even cash back without any fees if you buy any Rogers is better Internet cable or mobile phone call card will earn you 2% In the end these bills get 2% cash back if you buy in foreign country This card can earn 4% monetary cash back to all credit cards including this You get 2.5% conversion rate on a charge and charge at the time of purchase In addition to Canadian dollars, using this rogers MasterCard, you will get 4% cash back to yourself to get a 1.5% gain, so this card is very good Very useful whenever you travel abroad Canada or anytime to buy things Online shopping and other dollars on amazon.com Instead of amazon.ca in my last video, I recommend the preferred family trust Foreign home purchase visa trust visa can bring you 1% cash back Everything, it will never charge you a 2.5% conversion fee to you 1% net cash rebate abroad to purchase Rogers Mastercard and Family trust visas are excellent and you must at least have Whenever you travel, one of the Canadian home trust visas is easier Eligible because it never charges you a currency exchange fee You pay less in the prepayer world Elite Elite Mastercard requires high income Eligible, and will indeed charge you when you Travel outside Canada, but it will give you more cash back When you redeem the whole in the last month I will say choose Rogers If you are eligible for the Secular MasterCard, if not accepted, the family trust is preferred There are also some good benefits to the Rogers World Elite MasterCard visa Usually reserved to have these benefits including annual fees Free rental car damage insurance and emergency travel medical insurance also It will honestly register this card when you provide $ 25 free cash back, this card It ’s amazing, it does n’t have an annual fee and it offers some nice cashback rates But the biggest problem with this card is that it is difficult for most people Canadians who meet your qualifications need to have a high credit score, The income you need to have is at least $ 80,000 per year Qualified to get this card, I know it sucks, it may be a deal breaker for many of you I know a big guy like TD BMO and CIBC banks Your application will not check your income for a new credit card unless there is The bank has some striking red flags that want your business, so if you flicker Your numbers and increase your income a little bit in the application process They may approve you, but Rogers needs more than 80,000 income I do n’t know how strict they are to enforce this rule when I get approval There is no need to provide any evidence of my income, but for safety reasons, I will not Risk lying to my income just for this card is a great card, but if Your annual income is less than 70 K and you will not risk the application, but do not Worried that all other cars on the list are for low Canadians In fact, even if you generate income for students, you will earn at least $ 15,000 per year Eligible to get all the next four cards The second place is American After delivery, only a simple cash Rogers World Elite MasterCard American Express provides the second best comprehensive cashback rate without fees Credit card, if your income is not high enough for Rogers Mastercard must apply for American Express card, just redeem this card No annual fee and provide 1.25% cash back Every time you buy this card is like the brother of an American Express simple cash preferred card which provides 2% cash back every time Purchase, but need to pay an annual fee of 99 US dollars, let us do some quickly Mathematical comparison between these two Americans if you consume at least an Express card $ 13,000 a year and Big Brother American Simply express the cash priority card as a higher 2% cash back If you spend less than $ 13,000 years The little guy who insists on Americans can get that 1.25% just by expressing a cash card Cashback rate 1.25% annual fee $ 99 Big brother is not worth it, if you click, you can make this card better My referral link is below the description box and you will be eligible for promotion Sign up bonus to double your cash support by giving you 2.5% cash back Your first purchase of goods three months or before $ 6000 Which one do you spend to first click on my referral link and submit Advantages of your online application for this promotion The bonus plus I will get a good recommendation bonus as well.
American Express The cash card also includes some big cash brother benefits including the former Early in the line to attend concerts and use your Americans for sporting events Express that you can buy concert tickets or basketball games Tickets are sold to the general public three to five days before departure Personally like this, you pay the same ticket price, but you get Make sure you seat other people a few days ago, so you almost never Worried that the program is sold out, not all suppliers in Canada are looking up Accept everything from American Express like Walmart ’s Best Buy and Sobeys they all accept American Express cards but not in many smaller stores For safety reasons, please be sure to bring your visa or MasterCard Annual income of at least $ 15,000 a year is eligible for this card, but even If you are a student, you may still be approved, we are ranked third Owning an Orange Refund MasterCard This card provides flexibility and allows You can customize cashback rewards based on your spending habits, Orange Card gives you 2% cash back for purchases you made with three-thirds Groceries monthly bill petrol in the following categories FurniturePharmaciesRestaurantsHome ImprovementHotel Entertainment There are also public transportation and parking lots.
Choose three of these ten Category, you will get 2% cash back for every purchase you make in these goods Three other categories only earn 0.5% cash back for you This card is really cool because you can customize your cash back to suit your If you do n’t have a car, develop consumption habits and skip the gasoline category, then Although I choose entertainment, I recommend scraping groceries And restaurant, because the next two credit cards on my list are better This card for both types is even better, they provide If you have a generous promotional signing bonus, apply for this card by January 31, 2020 You will be able to double the cash back and get 4% cash back among your three people After the first three months of category, it will return 2% of cash This is one of the best promotions I have seen free offers Card, so be sure to use it to qualify for this card Need to earn $ 12,000 in the fourth place, we have Simplii Financial Cashback Visa Card This is a new card, this is the only credit Tailored card restaurant I have seen and this card for dining out No annual fee, it provides huge restaurant cash back 4% Bars and coffee shops but this amazing cashback is still limited The total annual expenditure is $ 5,000 if you spend more than Annual restaurant cash rebate of $ 5000 USD will be reduced to 0.5% 0.5%, but this $ 5,000 limit is $ 416 per month One month, hope you do n’t eat so much, you should save and invest Instead, this card also provides a 1.5% refund of gasoline groceries Monthly bills and everything from pharmacies can only get 0.5% cash back, but You should use your American Express or your Tangerine MasterCard Everything else that makes this card better is that they provide registration 10% cash back cash back to restaurant bar or cafe The first four months or the first $ 500 you spend after the promotion During the period, it returned to 4% cash back rate and met this condition Card, you need to earn $ 15,000, the fifth place is CIBC Dividend Visa Card, this card is great for groceries, it provides This card is a very rich registration bonus with no annual fee, and provides 2% cash back On groceries, everything else will only get 0.5% cash back for the first time Each time you spend $ 6,000, you can enjoy $ 6,000 After purchase, you will get 1% of the income 1% cash back I will only actually use this card Groceries to get 2% cash back, then for everything else American Express or Orange Mastercard if you spend more than $ 5000 per year for groceries, I will go to the big together with this card Brother CIBC Dividend Visa Infinite This card has $ 99 Annual fee, but up to 4% petrol and cash back Groceries, so it cannot make up for an annual fee of not less than $ 5,000, and The annual fee is not worth it, you should stick to the little one CIBC dividend visa, you can get 2% cash back without groceries The annual fee is one of the best things the card has gone, which is amazing Registration bonus, this card provides 5% promotional signing bonus Every purchase you make can be returned in cash for the first four months or your $ 2,000 Even spend a lot of premium credit cards not to provide promotional bonuses So be sure to use it card needs to earn $ 15,000, but If you are a student, you can apply for the student version of the credit card If your income is zero, this is one of the best student credit cards So those are the top five best credit cards for free cash back in Canada let us Take a look at this table to summarize each card and find out Which card works best in different situations First, we have unprocessed This card provides 1.75% cash back of the World Elite MasterCard 2% Return 4% of Rogers products and foreign purchases This card has a promotion of $ 25 free cash back, but this card is very Difficult to qualify and require very high annual income of at least $ 80,000 Is another big card purchased abroad a family trust preferred visa? The card provides 3.5% cash back for foreign purchases and 1% cash Back to everything else if you are not eligible for Rogers MasterCard American Express Cash Card provides the best flat rate Rebate 1.25% You need to register for every purchase you make Bonuses can double your cash back by 2.5% in the first three months Orange Mastercard gives you 2% flexibility Three categories of cash back as a sign bonus can double your cash back By 4% of the first three months, the only economic visa is Best for restaurants, allowing you to get 4% cash back at restaurant bars Coffee shop and 1.5% cash back grocery bill petrol and pharmacy As a registration bonus, you can get 10% cash back of the first 4 restaurants Months, the CIBC dividend visa is very suitable for giving you 2% of groceries Registration bonus in all grocery stores and as cash back can provide you with 5% cash Support you for the first four months, now let us see We should use these credit cards to maximize our total cash back You make foreign purchases in currencies other than Canadian dollars anywhere Rogers World Elite Mastercard, if you do not use a house you can qualify Grocery trust visa adheres to CIBC restaurant dividend visa Be sure to use Simplii Financial Visa to get 4% cash back now For everything else, find the 3 categories you spend The most money and use these 3 Orange Mastercards The category can get 2% cash back Finally, for all other content, please use American Express only needs a cash card to get 1.25% cash back, or Eligible for the Rogers World Elite Mastercard and insist that the card can get 1.75% 1.75% cash back these rules, you will be able to Maximize your cash back and earn all your money all year round Fees, so you have those are the top 5 best no-cash cash back credit cards 2020 in Canada.
4 of these 5 cards are designed for low-income customers So almost everyone should be able to get these cards without qualification There is an annual fee so you really have nothing to lose You only have free money for these cards, cash back to get these is You can keep your life for no annual fee, so no Reasons to cancel the use of these cards Free money and cash back yourself, you will build your own credit score Along the way, thank you for your attention and make sure you like comments and Subscribe if you find this video helpful Thumbs up and comments really help me build this channel, please be sure to click The bell icon will receive my new notification to play the video every Thursday, let me know Here are some comments on your favorite Canadian credit card? in case I have any credit cards that I miss and I really want to hear about them Be sure to watch my next video i will return to millennials Investment series, I will say about ETFs and mutual funds and how Diversify your portfolio, thank you all I will see you next Goodbye Canadian plot in T-shirt