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When moving to Canada as an international student or a new immigrant, one of the biggest financial challenges is building a credit history. Without credit, it can be difficult to rent an apartment, finance a car, or even get approved for a cell phone plan. Fortunately, several Canadian banks offer credit cards designed specifically for newcomers, making it easier to start building a strong financial foundation.
Here are the best credit card options in Canada for international students and immigrants in 2025.
1. RBC Avion Visa for Newcomers
The Royal Bank of Canada (RBC) offers a credit card as part of its Newcomer Advantage Program. No credit history is required, and newcomers can earn travel points while building credit.
2. Scotiabank StartRight Credit Card
Scotiabank’s StartRight Program is one of the most popular among newcomers. Students and immigrants can access credit cards with rewards, Scene+ points, and up to one year of no-fee banking.
3. CIBC Welcome to Canada Credit Card
CIBC provides easy approval for newcomers, including international students with valid study permits. Many cards have no annual fees and flexible credit limits.
4. BMO CashBack Mastercard for Newcomers
The Bank of Montreal offers a CashBack card with up to 5% cash back on purchases for the first three months, ideal for newcomers who want to save while building credit.
5. TD Cash Back Visa for Students and Newcomers
TD’s entry-level Visa card is accessible to newcomers with limited or no credit history. It provides cash back rewards on everyday spending and access to TD’s strong banking network.
6. National Bank of Canada – Newcomer Credit Cards
Especially attractive for immigrants in Quebec, National Bank provides flexible credit cards with low fees and special offers for new residents.
7. HSBC Canada Student and Newcomer Credit Card
HSBC is an excellent choice for newcomers with international ties. The bank offers global account access, low foreign exchange fees, and student-friendly credit cards.
8. Secured Credit Cards (All Major Banks)
If approval is difficult, newcomers can apply for a secured credit card by depositing a security amount (usually $500). This option is one of the fastest ways to start building credit in Canada.
Tips for Choosing the Right Credit Card as a Newcomer
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Look for cards with no annual fees.
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Consider cards that offer cashback or reward points.
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Use your credit card responsibly: pay balances on time to build a positive credit score.
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Compare offers between banks to find the best match for your financial goals.
Final Thoughts
In 2025, Canadian banks are making it easier than ever for newcomers and students to access credit. Choosing the right card not only simplifies daily expenses but also helps you build the credit history you’ll need for bigger financial goals, such as buying a car or a home.
