{"id":724859,"date":"2018-04-15T21:35:59","date_gmt":"2018-04-16T01:35:59","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?page_id=724859"},"modified":"2026-04-09T11:46:30","modified_gmt":"2026-04-09T15:46:30","slug":"balance-transfer-credit-cards","status":"publish","type":"page","link":"https:\/\/www.finder.com\/ca\/credit-cards\/balance-transfer-credit-cards","title":{"rendered":"4 best balance transfer credit cards in Canada"},"content":{"rendered":"

The best balance transfer credit cards allow you to consolidate your credit card debt onto a single credit card with a lower promotional interest rate. This low rate lasts for a set amount of time and is designed to give you a break from interest payments so that you can pay off more of your principal debt.<\/p>

Compare best balance transfer credit cards in Canada, learn how balance transfer credit cards work and use our balance transfer calculator to find out how much you can save.<\/p>

Best balance transfer credit cards in Canada for 2026<\/h3>\n
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\n <\/div>\n
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\n
\n
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\n Welcome Offer\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Rewards\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Annual Fee\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th><\/tr><\/thead>\"Scotia<\/a>
<\/div>
Scotia Momentum No-Fee Visa Card<\/a><\/span><\/div><\/td>
\n Up to 10% cash back<\/span><\/div><\/td>
\n 1% cash back <\/span><\/div><\/td>
\n $0\n <\/div><\/td>
<\/use><\/svg>\n Earn 10% cash back on all purchases for the first 3 months (up to $2,000 spend). Plus, get a 0% introductory interest rate on balance transfers for the first 6 months. Apply by July 1, 2026.<\/b>. T&Cs apply.\n <\/span><\/div><\/td>
Go to site<\/a><\/use><\/svg>View details<\/span><\/a>
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Why we like it<\/h4>

Get a 0% introductory interest rate on balance transfers for the first 6 months (2% fee per cash advance). Apply by July 1, 2026.<\/b> Get 1% cash back on all eligible gas station, grocery store, drug store purchases, transit, rideshare, food delivery and recurring bill payments, and get 0.5% cash back on all other eligible purchases.<\/p><\/div>

\"Tangerine<\/a>
<\/div>
Tangerine Money-Back World Mastercard<\/a><\/span><\/div><\/td>
\n Get $100<\/span><\/div><\/td>
\n Up to 2% cash back <\/span><\/div><\/td>
\n $0\n <\/div><\/td>
<\/use><\/svg>\n Get $100 with a Money-Back World Mastercard when you spend $1,500 in the first 3 months. Valid until September 30, 2026<\/b>. Plus, get a 1.95% interest rate on balance transfers for the first 6 months. T&Cs apply.\n <\/span><\/div><\/td>
Go to site<\/a><\/use><\/svg>View details<\/span><\/a>
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Why we like it<\/h4>

If you're looking for a $0 annual fee credit card with unlimited cash back rewards and a competitive balance transfer offer, then the Tangerine World Mastercard could be right for you. Earn unlimited 2% cash back in two Tangerine credit card categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and unlimited 0.5% cash back on everything else. Conditions apply.<\/p><\/div>

\"PC
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PC Financial Mastercard<\/span><\/span><\/div><\/td>
\n 20,000<\/span><\/div><\/td>
\n Up to 30 points per $1 spent <\/span><\/div><\/td>
\n $0\n <\/div><\/td>
<\/use><\/svg>\n Get up to 20,000 bonus PC Optimum points (a value of $20). T&Cs apply.\n <\/span><\/div><\/td>
<\/use><\/svg>View details<\/span><\/a>
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Why we like it<\/h4>

The PC Financial Mastercard gives you a low balance transfer rate and a decent return on PC Optimum points for no annual fee. You\u2019ll earn up to 25 points per $1 spent at Shoppers Drug Mart, up to 10 points per $1 spent at Joe Fresh and Loblaw stores, 30 points per litre when you fuel up at Esso and Mobil gas stations, and 10 points per $1 spent everywhere else.<\/p><\/div>

\"CIBC
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CIBC Select Visa<\/span><\/span><\/div><\/td>
\n Balance transfer offer<\/span><\/div><\/td>
\n N\/A <\/span><\/div><\/td>
\n $0 annual fee for the first year ($29 thereafter)\n <\/div><\/td>
<\/use><\/svg>View details<\/span><\/a>
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Why we like it<\/h4>

The CIBC Select Visa offers a low 13.99% interest rate for purchases and cash advances. It also comes with a 0% balance transfer rate so you can save money by moving your outstanding balance over from a high-interest card. The downside of this card is that it comes with relatively few benefits and you won't earn points or cashback when you spend money.<\/p><\/div>