Annual Fee Break-Even Calculator
Is that premium card worth it? Find out exactly how much you need to spend to cover the annual fee.
Card Details
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%
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Analysis
Premium Cards Worth The Fee
Top Picks
Annual Fee
$599
Purchase
21.99%
Cash Adv.
22.99%
TD Canada Trust
Best For
[
Travel Rewards
]
[
Premium
]
[
Rewards
]
Est. 1st Yr Value: $2653
Aeroplan
Welcome Bonus: Earn up to 85,000 Aeroplan points ($3,000 estimated value).
Highlights:
Airport Lounge Access
•
Travel Medical Insurance
•
Free Checked bag
•
Mobile Device Insurance
+5 more
Purchase APR
21.99%
Cash Advance APR
22.99%
Annual Fee
$599
Foreign Tx Fee
2.5%
Personal Income
$150,000
Household Income
$200,000
Credit Score
Good/Excellent
Add. Card Fee
$199.00
Annual Fee
$399
Purchase
9.99%
Cash Adv.
9.99%
Scotiabank
Best For
[
Travel Rewards
]
[
Low Interest
]
[
Premium
]
Est. 1st Yr Value: $2461
Scene+
Welcome Bonus: Earn up to 80,000 bonus Scene+ points in the first 14 months.
Highlights:
No Foreign Transaction Fees
•
Airport Lounge Access
•
Travel Medical Insurance
•
Mobile Device Insurance
+6 more
Purchase APR
9.99%
Cash Advance APR
9.99%
Annual Fee
$399
Foreign Tx Fee
2.5%
Personal Income
$12,000
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$99.00
Annual Fee
$149
$0
1st yr Fee Waived
Purchase
14.99%
Cash Adv.
22.99%
TD Canada Trust
Best For
[
Travel Rewards
]
[
Business
]
[
Rewards
]
Est. 1st Yr Value: $1949
1st Yr Free
Aeroplan
Welcome Bonus: Earn up to 60,000 Aeroplan points + First-year fee waived for you and 2 employees.
Highlights:
Travel Medical Insurance
•
First-Year Fee Waived
•
Free Checked bag
•
Mobile Device Insurance
+6 more
Purchase APR
14.99%
Cash Advance APR
22.99%
Annual Fee
$149
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$49.00
Annual Fee
$150
Purchase
20.99%
Cash Adv.
22.99%
Scotiabank
Best For
[
Travel Rewards
]
[
Premium
]
Est. 1st Yr Value: $1674
Scene+
Welcome Bonus: Earn up to 60,000 bonus Scene+ points with minimum spend.
Highlights:
No Foreign Transaction Fees
•
Airport Lounge Access
•
Travel Medical Insurance
•
Car Rental Collision/Loss Damage Waiver
+6 more
Purchase APR
20.99%
Cash Advance APR
22.99%
Annual Fee
$150
Foreign Tx Fee
2.5%
Personal Income
$60,000
Household Income
$100,000
Credit Score
Good/Excellent
Add. Card Fee
$50.00
Annual Fee
$139
$0
1st yr Fee Waived
Purchase
21.99%
Cash Adv.
22.99%
TD Canada Trust
Best For
[
Travel Rewards
]
[
Rewards
]
Est. 1st Yr Value: $1621
1st Yr Free
TD Rewards
Welcome Bonus: Earn up to 165,000 TD Rewards Points + First-year fee waived.
Highlights:
Airport Lounge Access
•
Travel Medical Insurance
•
First-Year Fee Waived
•
Mobile Device Insurance
+6 more
Purchase APR
21.99%
Cash Advance APR
22.99%
Annual Fee
$139
Foreign Tx Fee
2.5%
Personal Income
$60,000
Household Income
$100,000
Credit Score
Good/Excellent
Add. Card Fee
$50.00
Annual Fee
$139
$0
1st yr Fee Waived
Purchase
21.99%
Cash Adv.
22.99%
TD Canada Trust
Best For
[
Travel Rewards
]
[
Rewards
]
Est. 1st Yr Value: $1527
1st Yr Free
Aeroplan
Welcome Bonus: Earn up to 45,000 Aeroplan points + First-year fee waived.
Highlights:
Travel Medical Insurance
•
First-Year Fee Waived
•
Free Checked bag
•
Mobile Device Insurance
+6 more
Purchase APR
21.99%
Cash Advance APR
22.99%
Annual Fee
$139
Foreign Tx Fee
2.5%
Personal Income
$60,000
Household Income
$100,000
Credit Score
Good/Excellent
Add. Card Fee
$75.00
Annual Fee
$599
Purchase
21.99%
Cash Adv.
23.99%
BMO Bank of Montreal
Best For
[
Travel Rewards
]
[
Balance Transfer
]
[
Premium
]
Est. 1st Yr Value: $1513
Welcome Bonus: Up to $2,300 including up to 200,000 points and NEXUS Statement Credit
Balance Transfer: 0% Balance Transfer for 12 months (2% transfer fee).
Highlights:
Airport Lounge Access
•
Travel Medical Insurance
•
Mobile Device Insurance
•
Car Rental Collision/Loss Damage Waiver
+6 more
Purchase APR
21.99%
Cash Advance APR
23.99%
Annual Fee
$599
Foreign Tx Fee
2.5%
Personal Income
$150,000
Household Income
$200,000
Credit Score
Good/Excellent
Annual Fee
$199
$0
1st yr Fee Waived
Purchase
21.99%
Cash Adv.
23.99%
BMO Bank of Montreal
Best For
[
Travel Rewards
]
[
Premium
]
[
Rewards
]
Est. 1st Yr Value: $1489
1st Yr Free
Welcome Bonus: Up to $2,400 in value including 70,000 VIPorter points and a round-trip companion pass
Highlights:
Airport Lounge Access
•
Travel Medical Insurance
•
First-Year Fee Waived
•
Car Rental Collision/Loss Damage Waiver
+6 more
Purchase APR
21.99%
Cash Advance APR
23.99%
Annual Fee
$199
Foreign Tx Fee
2.5%
Personal Income
$80,000
Household Income
$150,000
Credit Score
Good/Excellent
Annual Fee
$149
$0
1st yr Fee Waived
Purchase
19.99%
Cash Adv.
22.99%
TD Canada Trust
Best For
[
Travel Rewards
]
[
Business
]
[
Rewards
]
Est. 1st Yr Value: $1439
1st Yr Free
TD Rewards
Welcome Bonus: Earn up to 200,000 TD Rewards Points + First-year fee waived for you and 4 employees.
Highlights:
Travel Medical Insurance
•
First-Year Fee Waived
•
Car Rental Collision/Loss Damage Waiver
•
Trip Cancellation/Interruption Insurance
+6 more
Purchase APR
19.99%
Cash Advance APR
22.99%
Annual Fee
$149
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$49.00
Annual Fee
$599
Purchase
21.99%
Cash Adv.
21.99%
American Express(Canada)
Best For
[
Travel Rewards
]
[
Business
]
[
Premium
]
Est. 1st Yr Value: $1426
Aeroplan
Welcome Bonus: Up to 90,000 Welcome Bonus Aeroplan points
Highlights:
Airport Lounge Access
•
Travel Medical Insurance
•
Free Checked bag
•
Car Rental Collision/Loss Damage Waiver
+6 more
Purchase APR
21.99%
Cash Advance APR
21.99%
Annual Fee
$599
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$199.00