The BMO CashBack® Mastercard®* for students has no annual fee, making it risk-free to hold. It comes with a welcome bonus of up to $125. You earn 3x on groceries and 0.5x at restaurants.

Annual Fee
$0
Rewards rate
0.5x

Cash Back

Our valuation
$125

Milesopedia estimate

Welcome Bonus
$125

(Up to)

Ends Oct 31, 2026

Pros

  • No annual fee
  • Welcome bonus of up to $125
  • 3x on groceries

Cons

  • Fewer premium perks

The CIBC Aventura® Visa* Card for Students has no annual fee, making it risk-free to hold. It comes with a welcome bonus of up to 12,500 points. You earn 1x on groceries and 0.5x at restaurants.

Annual Fee
$0
Rewards rate
0.5x

CIBC Aventura

Our valuation
$150

Milesopedia estimate

Welcome Bonus
12,500 points

(Up to)

Pros

  • No annual fee
  • Welcome bonus of up to 12,500 points

Cons

  • Fewer premium perks

The CIBC Dividend® Visa* Card for Students has no annual fee, making it risk-free to hold. It comes with a welcome bonus of up to $125. You earn 2x on groceries and 1x at restaurants.

Annual Fee
$0
Rewards rate
0.5x

Cash Back

Our valuation
$125

Milesopedia estimate

Welcome Bonus
$125

(Up to)

Pros

  • No annual fee
  • Welcome bonus of up to $125
  • 2x on groceries

Cons

  • Fewer premium perks

The Tangerine Money-Back Credit Card has no annual fee, making it risk-free to hold. It comes with a welcome bonus of up to $100. You earn 2x on groceries and 0.5x at restaurants.

Annual Fee
$0
Rewards rate
0.5x

Cash Back

Our valuation
$100

Milesopedia estimate

Welcome Bonus
$100

(Up to)

Ends Sep 30, 2026

Pros

  • No annual fee
  • Welcome bonus of up to $100
  • 2x on groceries

Cons

  • Requires good credit