The best Capital One credit cards in Canada
Updated: May 01, 2024
All Capital One credit cards are Mastercards, which are accepted almost everywhere worldwide, and yes, still in Canada.
Capital One is a financial services provider that offers a range of credit cards. Capital One cards include guaranteed options for borrowers who need to rebuild their credit as well as cards that earn rewards points under the Capital One rewards program. No matter which Capital One card you get, you’ll be entitled to access standard Mastercard benefits and global assistance.
Best Capital One credit card
Capital One Guaranteed Mastercard
Poor
about new welcome offers by email
21.90%
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
$59
Annual Fee
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
21.90%
Annual Fee
$59
Poor
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Poor
Required Annual Personal Income
$0
Required Annual Household Income
$0
Pros
-
Guaranteed approval for rebuilding credit
-
Option for an unsecured version for some applicants
-
$59 annual fee, with potential for a lower rate on unsecured card
-
Additional benefits like Price Protection and extended warranties
-
Travel benefits for unsecured cardholders
-
Mastercard's Zero Liability and 24/7 customer service
Cons
-
$59 annual fee may be higher than some secured cards
-
19.80% interest rate on purchases, balance transfers, and cash advances
-
Extra features available only on unsecured cards
-
Limited benefits compared to premium credit cards
-
Secured card requires security funds between $75 and $300
-
Consideration needed for the slightly more expensive low-rate version
21.90%
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
$59
Annual Fee
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
21.90%
Annual Fee
$59
Poor
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Poor
Required Annual Personal Income
$0
Required Annual Household Income
$0
Pros
-
Guaranteed approval for rebuilding credit
-
Option for an unsecured version for some applicants
-
$59 annual fee, with potential for a lower rate on unsecured card
-
Additional benefits like Price Protection and extended warranties
-
Travel benefits for unsecured cardholders
-
Mastercard's Zero Liability and 24/7 customer service
Cons
-
$59 annual fee may be higher than some secured cards
-
19.80% interest rate on purchases, balance transfers, and cash advances
-
Extra features available only on unsecured cards
-
Limited benefits compared to premium credit cards
-
Secured card requires security funds between $75 and $300
-
Consideration needed for the slightly more expensive low-rate version
Best Capital One secured credit card
Capital One Guaranteed Secured Mastercard
Poor
about new welcome offers by email
21.90%
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
$59
Annual Fee
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
21.90%
Annual Fee
$59
Poor
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Poor
Required Annual Personal Income
$0
Required Annual Household Income
$0
Pros
-
Guaranteed approval for those with weak credit
-
Helps build or repair credit history with responsible use
-
Low annual fee
-
Purchase and travel benefits for available for those who qualify for the unsecured card version
Cons
-
High interest rate
-
Limited extra features for secured cards
-
Security funds are required for the secured version
21.90%
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
$59
Annual Fee
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
21.90%
Annual Fee
$59
Poor
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Recommended Credit Score
Poor
Required Annual Personal Income
$0
Required Annual Household Income
$0
Pros
-
Guaranteed approval for those with weak credit
-
Helps build or repair credit history with responsible use
-
Low annual fee
-
Purchase and travel benefits for available for those who qualify for the unsecured card version
Cons
-
High interest rate
-
Limited extra features for secured cards
-
Security funds are required for the secured version
Best Capital One travel card
Capital One Aspire Travel™ Platinum Mastercard®
Fair
about new welcome offers by email
1x
Earn 1 Reward Mile for every $1 spent.
Earn 1 Reward Mile for every $1 spent.
1x
21.90%
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
$0
Annual Fee Add an authorized user for $0.
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
21.90%
Annual Fee
$0
Fair
Recommended Credit Score
Recommended Credit Score
Fair
Pros
-
Earn 1 mile per $1 with no purchase ambiguity
-
Flexible miles for retroactive travel purchases
-
$0 annual fee
-
Price protection for marked-down items
-
Basic travel insurance coverage
-
Redeem miles for gift cards and cash back
Cons
-
Basic travel insurance compared to some competitors
-
$100/item limit on price protection
-
Limited features for high-end travel benefits
-
No specific travel perks or elite status
-
May not suit high-spenders seeking premium rewards
1x
Earn 1 Reward Mile for every $1 spent.
Earn 1 Reward Mile for every $1 spent.
1x
21.90%
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
$0
Annual Fee Add an authorized user for $0.
Purchase APR
21.90%
Balance Transfer Rate
21.90%
Cash Advance APR
21.90%
Annual Fee
$0
Fair
Recommended Credit Score
Recommended Credit Score
Fair
Pros
-
Earn 1 mile per $1 with no purchase ambiguity
-
Flexible miles for retroactive travel purchases
-
$0 annual fee
-
Price protection for marked-down items
-
Basic travel insurance coverage
-
Redeem miles for gift cards and cash back
Cons
-
Basic travel insurance compared to some competitors
-
$100/item limit on price protection
-
Limited features for high-end travel benefits
-
No specific travel perks or elite status
-
May not suit high-spenders seeking premium rewards
Capital One FAQs
Scott Birke is a finance editor at Money.ca.
Compare other Mastercard credit cards
Compare other travel cards
Other credit card pages
Disclaimer
The content provided on Money.ca is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.