Top 10 Instant Approval Credit Cards in Canada

Are you in need of a credit card but want to avoid going through the hassle of a lengthy application process? If so, you’re in luck! Instant approval credit cards are a convenient option for those who want a quick and easy way to access credit. Whether you’re wondering what is the easiest instant credit card to get or if you can actually get a credit card in one day in Canada, we’ve got you covered. In this article, we will be discussing the top 10 instant approval credit cards in Canada. So, if you’re looking for a fast and efficient way to obtain a credit card, keep reading to find out more.

Top 10 Instant Approval Credit Cards Canada

1. BMO Eclipse Visa Infinite

For those in Canada seeking instant approval credit cards with no credit check, the BMO Eclipse Visa Infinite stands out as a top choice. Renowned for its swift approval process and rich rewards structure, this card is particularly advantageous for frequent spenders on day-to-day expenditures. Delivering a significant accumulation of points on routine purchases, it ranks highly among instant approval credit cards Canada.

BMO Eclipse Visa Infinite Card

Accumulating rewards with the BMO Eclipse Visa Infinite is structured and generous, making it an enviable tool for managing household budgets while earning from spending. Cardholders enjoy substantial returns on the most frequent categories of their budgets: dining, gas, and transit. The intricacies of its rewards system are broken down as follows:

  • 5 points for every $1 spent on eligible dining, groceries, gas, and transit
  • An initial bonus of 30,000 points on spending $3,000 within the first three months
  • An additional 2,500 points monthly for maintaining a spending level of $2,000 in each of the first 12 months

The annual fee of $120, which is waived for the first year, further enhances the appeal of the BMO Eclipse Visa Infinite, positioning it as an appealing option for anyone looking to maximize their everyday spending. This card makes a compelling case for being one of the best instant approval credit cards Canada, also fitting the niche for those seeking instant approval credit cards with no credit check.

Whether you’re fueling up your car, dining out, or managing daily commutes, this credit card ensures that every dollar spent works harder for you, turning routine purchases into points that can be reinvested into your lifestyle.

2. CIBC Aventura Gold Visa

The CIBC Aventura Gold Visa is often regarded as one of the easiest instant credit cards to get in Canada, especially appealing for its accessibility to those with lower incomes. This card combines the convenience of instant approval credit cards Canada with a rewarding travel-centric rewards program that offers significant travel perks.

CIBC Aventura Gold Visa Benefits

Cardholders can earn ample rewards points on a varied range of purchases. This includes 2 points for every $1 spent on travel purchased through CIBC Rewards and 1.5 points per $1 spent on gas, groceries, and at drugstores. Given these benefits, the CIBC Aventura Gold Visa stands out as what is the easiest instant credit card to get in Canada, providing an exceptional balance of affordability, rewards, and travel benefits.

  • Annual Fee: $139 (Rebated for the first year)
  • Welcome Offer: Earn 35,000 Aventura Points upon qualification
  • Additional Perks: Travel insurance, lounge access, and more

This credit card is not just easy to get but also packed with value, making it a top choice within the category of instant approval credit cards Canada. Whether you’re planning a trip or managing daily expenses, the CIBC Aventura Gold Visa can enhance your spending experience significantly.

3. Amazon.ca Rewards Mastercard®

The Amazon.ca Rewards Mastercard is an excellent choice for consumers seeking instant approval credit cards online that combine flexibility with rewarding shopping benefits. Popular among frequent online shoppers, this Mastercard facilitates an accessible means to manage purchases and earn significant rewards on the Amazon platform, including Whole Foods Market.

For Amazon Prime members, the card escalates its reward system by offering an increased cash back rate of 2.5% on all purchases from Amazon.ca and Whole Foods Market. Non-Prime members are not left behind, as they receive a substantial 1.5% cash back, ensuring that every cardholder enjoys a return on their spending.

Feature Prime Members Non-Prime Members
Annual Fee $0 $0
Cash Back – Amazon.ca and Whole Foods 2.5% 1.5%
Introductory Offer 5% back on first $3,000 spent 5% back on first $3,000 spent
Annual Membership Prime $9.99/month N/A

This Mastercard is not only a wallet-friendly choice for online shopping enthusiasts but also stands as a beacon among compare instant approval credit cards, particularly for those who frequently purchase from Amazon.ca. Leveraging this card with an Amazon Prime membership maximizes its potential, making every dollar spent an opportunity to earn significant rewards.

Amazon.ca Rewards Mastercard Benefits

4. TD® Aeroplan® Visa Infinite* Card

For those wondering what is the easiest credit card to get in Canada with bad credit? the TD Aeroplan Visa Infinite Card stands out as a prime candidate. Offering a swift approval process, this card is tailored for Air Canada enthusiasts and frequent flyers, making it one of the top instant approval credit cards on the market. With attractive travel benefits and Aeroplan Points accumulation, it combines the convenience of immediate credit access with the rewards frequent travellers cherish.

TD Aeroplan Visa Infinite Card

The TD Aeroplan Visa Infinite Card provides substantial value through its rewards program, particularly for those who frequently purchase airline tickets from Air Canada. Each card transaction not only brings you closer to your next destination but also guarantees a range of travel perks that enhance the flying experience.

Purchase Category Points Earned per $1
Gas, Groceries 1.5 Aeroplan Points
Air Canada Products 1.5 Aeroplan Points
All Other Purchases 1 Aeroplan Point
Bonus Points 10,000 Points on first purchase

For anyone pondering over what is the easiest credit card to get in Canada with bad credit?, this card offers a lifeline. Not only does it provide a top instant approval rate, but it also equips cardholders with up to 40,000 bonus Aeroplan Points under the initial offer, accelerating the journey towards your next redemption.

Indeed, the TD Aeroplan Visa Infinite Card serves as a robust financial tool, providing both immediate credit availability and extensive travel benefits, making it a smart choice for both regular and aspirational travellers across Canada.

5. National Bank Platinum Mastercard

When it comes to selecting the right credit card, especially for those who travel frequently and are older, the National Bank Platinum Mastercard proves to be a strong contender. Renowned for its comprehensive travel insurance and user-friendly point system, this credit card aligns perfectly with the needs of a broader consumer base, including those looking for which bank approves a credit card easily?.

National Bank Platinum Mastercard

One of the most appealing features of the National Bank Platinum Mastercard is its point accumulation system. Cardholders accrue 1.5 points for each dollar spent on essential categories like gas and recurring bills, and even when planning their next trip with ‘à la carte’ travel arrangements. All other purchases earn 1 point for every $1.50 spent, making every transaction rewarding.

Earn Category Points per Dollar
Gas, Recurring Bills, ‘À La Carte’ Travel 1.5
Other Purchases 1 for every $1.50 spent

For those wondering ‘which bank approves a credit card easily?’, the National Bank’s approach to offering a $70 annual fee (waived the first year) alongside straightforward eligibility requirements makes it accessible. Considering that it was listed among the instant approval credit cards 2021, its processes are streamlined, suited for those who require instant financial tools without the wait.

  • Extensive travel insurance with coverage that is more inclusive for older travellers.
  • First-year annual fee waiver, making it financially appealing right from the start.
  • Points can be accumulated across a broad spectrum of spending categories.

The inherent value of the National Bank Platinum Mastercard, combined with its targeted advantages for a diverse consumer group, ensures that it remains a prominent option in the realm of Canadian credit cards, specifically for those seeking flexibility and rewards in their financial products.

6. American Express Cobalt® Card

Among the best instant approval credit cards in Canada, the American Express Cobalt Card stands out for its exceptional benefits and instant access features. This card is specifically tailored for individuals seeking quick and effective solutions to manage their daily expenses efficiently while earning substantial rewards.

American Express Cobalt Card

The American Express Cobalt Card is renowned for providing instant access to Canada’s credit market with its straightforward approval process and no stringent income requirements. This makes it an excellent choice for young professionals, frequent diners, and those who prioritize flexibility in credit usage.

  • Up to 5 points per $1 on groceries, dining, and food delivery.
  • Points redeemable for travel or via a flexible points program.
  • No specific income requirements for eligibility.
Reward Category Points per Dollar
Groceries 5
Dining 5
Food Delivery 5
Travel Redemption 1.75 cents per point

For those asking what credit card gives you instant access to Canada?, the American Express Cobalt Card is undeniably one of the top contenders. Its unparalleled rewards program combined with the instant approval mechanism enables swift integration into your financial strategy, enhancing both your spending power and reward accumulation effectively.

7. SimplyCash® Card from American Express

The SimplyCash Card from American Express is celebrated for its simplicity and efficiency, particularly well-suited for those seeking instant approval credit cards for bad credit. Being one of the versatile instant approval credit cards, it offers the practicality of cash rewards without the constraints of an annual fee.

Is there a credit card that approves everyone? While no card can guarantee universal approval, the SimplyCash Card from American Express comes close by requiring less stringent credit qualifications, thus catering to a broader demographic, including those with less-than-perfect credit records.

SimplyCash Card from American Express features

This card provides a hassle-free cashback program where cardholders can earn 2% back on essential purchases like gas and groceries. All other purchases are rewarded with 1.25% cash back, with no caps on the cash back you can earn, ensuring consistent savings throughout the year.

The following table outlines the primary benefits and offers linked with the SimplyCash Card from American Express, presenting a clear understanding of the card’s competitive advantage:

Feature Details
Annual Fee $0
Cash Back on Gas & Groceries 2%
Cash Back on Other Purchases 1.25%
Welcome Offer Earn a $10 statement credit monthly for spending $300, up to $100 total in 10 months
Cash Back Payout Annually

In conclusion, the SimplyCash Card from American Express offers an effective return on daily spending with the additional benefit of being one of the more accessible instant approval credit cards for bad credit, making it a robust choice for anyone looking to streamline their credit card strategy while improving or rebuilding credit.

8. RBC ION+ Visa Card

If you’re looking to apply for instant approval credit cards, the RBC ION+ Visa Card stands out with its generous rewards program and low monthly fee. Catered towards those who appreciate swift rewards accumulation, this card offers an impressive 3 points for every $1 spent on necessities such as groceries, streaming services, and fuel. This feature is particularly attractive to those interested in instant approval credit cards with no credit check.

RBC ION+ Visa Card

With an annual fee of just $48, payable in easy monthly installments of $4, the RBC ION+ Visa Card is designed to be cost-effective, providing significant value without the burden of a heavy annual charge. Moreover, the introduction of a welcome bonus of 7,000 Avion points provides an additional incentive to prospective cardholders.

The multifaceted rewards program not only caters to a variety of spending habits but also positions the RBC ION+ as an enticing option for consumers seeking to maximize their credit card benefits without undergoing extensive credit checks.

Feature Details
Annual Fee $48 (payable at $4 per month)
Rewards on Groceries, Streaming, Gas 3 points per $1 spent
Welcome Bonus 7,000 Avion points

The RBC ION+ Visa Card offers a compelling package for those eager to apply for instant approval credit cards, optimizing both rewards and accessibility, with the assurance of no mandatory credit check for initial approval.

9. SimplyCash® Preferred Card from American Express

For individuals asking, what is the easiest instant credit card to get in Canada?, the SimplyCash Preferred Card from American Express often appears as a top recommendation. Notable for its 2% cash back on all purchases without any limits, it stands out among the best instant approval credit cards.

The card includes a lucrative welcome offer, presenting a $40 statement credit for each billing cycle in which at least $750 is spent, accumulating up to $400 in the first 10 months. With an accessible monthly fee set at $9.99, this product is not only cost-effective but also easy to integrate into a myriad of financial strategies.

SimplyCash Preferred Card from American Express

Adding more allure, the card also provides a referral program where successful referrals can earn the cardholder up to $750 in additional cash back. This feature significantly boosts its value proposition, making the SimplyCash Preferred Card from American Express an excellent choice for those looking to maximize their earnings.

Its comprehensive benefits and straightforward cash back system secure its spot as one of the best instant approval credit cards, particularly for those seeking simple yet effective reward structures in Canada.

10. American Express® Aeroplan®* Card

For seasoned travelers and Aeroplan enthusiasts, the American Express Aeroplan Card stands out as a prime choice among top instant approval credit cards. Known for its generous point accumulation system, it offers 2 Aeroplan points for each dollar spent on direct Air Canada purchases, enhancing the travel experience directly from booking.

American Express Aeroplan Card

Furthermore, this card is excellent for everyday dining and food delivery, providing 1.5 points per $1 spent in these categories. For all other purchases, the card still maintains a competitive earn rate of 1 point per $1, ensuring that every expense adds value to your travel goals.

One might wonder, which bank approves a credit card easily? In the realm of swift and reliable approvals, American Express leads with efficiency and user friendliness. The American Express Aeroplan Card not only offers a fast approval process but also an impressive welcome bonus, rewarding new members with up to 50,000 Aeroplan points based on their first year’s spending milestones.

Though the card has an annual fee of $120 and a high interest rate, its immediate benefits, such as substantial points earning potential, make it a worthwhile consideration for those who frequent Air Canada and value travel perks highly.

Conclusion

The landscape of instant approval credit cards in Canada has expanded significantly, presenting a plethora of options that cater to the diverse financial needs of consumers. In the ever-accelerating pace of life, the convenience of instant approval credit cards online offers an efficient solution for immediate credit requirements. These cards vary from those that target individuals who prioritize earning rewards on everyday purchases to those designed for avid travellers seeking to accrize travel benefits.

Through careful consideration and assessment of their financial objectives, consumers have the ability to select a credit card that not only provides rapid approval but also aligns with their spending habits and reward preferences. It is essential to acknowledge that while there are options available potentially answering the query is there a credit by card that approves everyone?, the final approval still depends on an individual’s creditworthiness and financial history. Therefore, an informed decision considering introductory offers, benefits, and the associated costs is crucial.

In summary, the various instant approval credit cards 2021 have set a precedent for the convenience that Canadians can expect from financial products moving forward. As these cards continue to evolve, they provide a means to not only manage finances but also maximize the value of everyday transactions. Whatever the immediate financial desire or long-term goal, there is likely an instant approval credit card that meets those specific criteria, ready to be integrated into the individual’s economic life with speed and ease.

FAQ

1. Can you get a credit card in one day in Canada?

Yes, with instant approval credit cards in Canada, you can often get a response to your application in minutes, and if approved, you may have the card number available for immediate use or the physical card expedited to you.

2. What credit card gives you instant access to Canada?

While several credit cards offer instant approval, American Express Cobalt® Card is known for its quick turnaround, giving you potential immediate access once approved.

3. What is the easiest credit card to get in Canada with bad credit?

The TD® Aeroplan® Visa Infinite* Card may be accessible for those with less than perfect credit, although approval is not guaranteed and is dependent on individual credit assessments by the issuing bank.

4. What is the easiest instant credit card to get in Canada?

The CIBC Aventura Gold Visa card is considered one of the easier instant approval cards to get, which also comes with travel rewards and accessible criteria for lower-income applicants.

5. Is there a credit card that approves everyone?

No credit card approves everyone, as issuers must assess creditworthiness. However, the SimplyCash® Card from American Express is known for its broad approval criteria.

6. Which bank approves a credit card easily?

National Bank is known for its customer-friendly credit card options, such as the National Bank Platinum Mastercard, which often offers easy approval for a variety of credit profiles.

7. What are the best instant approval credit cards?

The best instant approval credit cards vary depending on individual needs, but the American Express Cobalt® Card and SimplyCash® Preferred Card from American Express are often highlighted for their rewards and easy application process.

8. Are instant approval credit cards for bad credit available in Canada?

Yes, there are instant approval credit cards available for those with bad credit in Canada, such as the SimplyCash® Card from American Express which has less stringent credit requirements.

9. Can I apply for instant approval credit cards online?

Yes, most instant approval credit cards, including the Amazon.ca Rewards Mastercard®, offer online applications that provide quick decisions, possibly within minutes.

10. Are there instant approval credit cards with no credit check in Canada?

No credit check credit cards are rare in Canada; most cards, like the BMO Eclipse Visa Infinite, will require a credit check as part of the application process. However, some card issuers may offer options with less stringent credit requirements.

Leave a Reply

Your email address will not be published. Required fields are marked *