{"id":748751,"date":"2018-10-12T05:57:23","date_gmt":"2018-10-12T09:57:23","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=748751"},"modified":"2026-05-01T17:07:27","modified_gmt":"2026-05-01T21:07:27","slug":"credit-card-minimum-income-requirements-for-application","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/credit-cards\/credit-card-minimum-income-requirements-for-application","title":{"rendered":"What’s the minimum income for a credit card in Canada?"},"content":{"rendered":"

Many credit card providers require you to earn a minimum annual income for a credit card. The minimum income requirement for basic credit cards typically sits above $12,000 while for premium credit cards you could be required to make as much as $100,000. Find out more about how much you\u2019ll need to earn to get a credit card in Canada, and learn more about other alternatives you can explore if your annual income for a credit card isn\u2019t high enough.<\/p>

What are minimum credit card income requirements?<\/h3>

Minimum credit card income requirements are classified as the lowest net income you can make to qualify for a specific credit card. Minimum income requirements generally start at $12,000 a year (before tax). Basic cards tend to come with lower credit card income requirements while premium cards typically demand higher incomes. Requirements can apply to your personal or household income, depending on your marital status.<\/p>

Credit card income requirements in Canada are often broken down into different earning brackets for personal and household income. These are outlined below along with several examples of credit cards that fall into each category.<\/p>

Examples of minimum credit card income requirements<\/h4>

Income threshold<\/p><\/th>

Types of credit card<\/p><\/th>

Sample credit cards<\/p><\/th><\/tr><\/thead>

$0 to $59,999<\/p><\/td>

  • <\/span>No annual fee credit cards<\/li>
  • Low interest credit cards<\/li>
  • Basic cash back cards<\/li>
  • Cards with fewer benefits and rewards<\/li>
  • Credit cards with fees between $0 and $60<\/li><\/ul><\/td>

$60,000 to $79,999<\/p><\/td>

  • Visa Infinite and Mastercard Elite cards<\/li>
  • Premium cash back cards<\/li>
  • Credit cards with more benefits and rewards<\/li>
  • Credit cards with fees between $60 and $150<\/li><\/ul><\/td>

$80,000 and above<\/p><\/td>

  • Amex Reserve credit cards<\/li>
  • Visa Infinite Privilege credit cards<\/li>
  • World elite travel cards<\/li>
  • Credit cards with fees between $150 and $799<\/li><\/ul><\/td>