Non-bank credit cards in Canada, issued by stores, organizations, and brands, are popular among newcomers due to their accessible application processes and brand-specific rewards. These credit cards can help you build your credit history while offering various benefits. Below is a comprehensive overview:

1. Retail Store Credit Cards

Retailers often issue credit cards in partnership with financial institutions. These cards are tailored to reward customers for shopping at their stores and may include special offers, discounts, and rewards programs.

Popular Store Credit Cards:

1. Canadian Tire Triangle Mastercard
• Benefits:
• Earn CT Money on purchases (e.g., 4% on Canadian Tire and partner stores).
• No annual fee.
• Offers on gas at select stations.
• Great for: Frequent shoppers at Canadian Tire, Sport Chek, and Mark's.
2. Walmart Rewards Mastercard
• Benefits:
• Earn Walmart Rewards points on Walmart and grocery purchases.
• No annual fee.
• Redeem points for in-store discounts.
• Great for: Budget-conscious families shopping at Walmart.
3. PC Financial Mastercard
• Benefits:
• Earn PC Optimum points on groceries, gas, and pharmacy purchases.
• No annual fee.
• Redeem points at Loblaw-affiliated stores (e.g., Real Canadian Superstore, No Frills, Shoppers Drug Mart).
• Great for: Grocery and pharmacy shopping.
4. Hudson’s Bay Mastercard
• Benefits:
• Earn Hudson’s Bay Rewards points on all purchases.
• Bonus points for purchases at Hudson’s Bay stores.
• Exclusive cardholder discounts and offers.
• Great for: Fashion and home goods shoppers.

2. Organization and Brand Credit Cards

These credit cards are issued by airlines, hotels, and other organizations to reward loyalty. They are particularly useful for frequent travelers or those invested in specific brands.

Popular Brand Credit Cards:

1. Air Canada Aeroplan Cards (via co-branded partners like American Express or CIBC)
• Benefits:
• Earn Aeroplan points on purchases, especially on Air Canada flights.
• Access to travel perks like airport lounge access and priority boarding.
• Offers may include free checked bags.
• Great for: Frequent flyers.
2. WestJet RBC Mastercard
• Benefits:
• Earn WestJet Dollars on purchases.
• Companion vouchers for flights.
• Travel insurance included.
• Great for: Travelers preferring WestJet.
3. Costco Anywhere Mastercard by Capital One (in transition)
• Benefits:
• Cashback rewards on gas, restaurants, and Costco purchases.
• No annual fee (requires Costco membership).
• Great for: Costco members.
4. CAA Rewards Credit Cards
• Benefits:
• Discounts on travel, insurance, and automotive services.
• Earn points on everyday purchases.
• Great for: Drivers and frequent travelers.

3. Specialty Credit Cards

These cards are tied to specific causes, charities, or memberships and may offer unique benefits like donations or exclusive rewards.

Examples:

1. MBNA Rewards Credit Cards
• Affiliated with organizations or alumni groups.
• Rewards points for purchases.
• Exclusive offers for members.
2. Charity-Affiliated Cards
• Example: Some organizations partner with issuers to create cards that donate a portion of your spending to a specific cause.

General Tips for Newcomers:

1. Credit History: Many of these cards have less stringent credit history requirements compared to traditional bank credit cards, making them accessible to newcomers.
2. Rewards Programs: Look for cards aligned with your spending habits to maximize benefits.
3. No Annual Fees: Opt for no-annual-fee cards to keep costs low while building your credit.
4. Building Credit: Always pay your credit card balance on time to establish good credit.

By exploring these options, newcomers can enjoy tailored benefits while building a solid financial foundation in Canada.