FinviloNo-fee cash back cards: Tangerine vs Simplii vs TD vs BMO vs RBC
No-fee cash back cards suit people who pay in full every month. Earn rates often depend on spending categories and caps.
| Feature | Tangerine | Simplii Financial | TD Canada Trust | BMO | RBC Royal Bank |
|---|---|---|---|---|---|
| Where available | Not confirmed | Not confirmed | Not confirmed | Not confirmed | Not confirmed |
| Annual fee | $0 CAD | There is no annual fee for the Primary Cardholder or any Authorized User. | $0 CAD | Not confirmed | $0 CAD |
| Purchase interest rate | 20.95% | 21.99% | 21.99% | Not confirmed | 21.99% |
| Cash advance rate | 22.95% | 22.99% | 22.99% | Not confirmed | 22.99% |
| Minimum income | $12,000 personal income | Not confirmed | Not confirmed | Not confirmed | Not confirmed |
| Earn rate | 2% unlimited cash back in up to 3 categories | Not confirmed | Not confirmed | 3% cash back | Not confirmed |
| Details | Full profileOfficial provider page | Full profileOfficial provider page | Full profileOfficial provider page | Full profileOfficial provider page | Full profileOfficial provider page |
Our take
Match the bonus categories to where you spend most. A card that pays more on groceries beats a higher headline rate on a category you rarely use.
Rates and fees change. Confirm current terms on the provider's official page before applying. General information, not personalized advice.