Milesopedia Announces the 2023’s Best Credit Cards in Canada

Montreal, Quebec–(Newsfile Corp. – January 10, 2023) – While all economic indices indicate inflation for 2023, milesopedia.com, THE bilingual reference media for credit card comparison, publishes its 2023 Ranking of the best credit cards. Since 2015, this exercise has aimed to help Canadian consumers make the best choices according to their needs.

With over 200 credit cards available in the Canadian market, it can be challenging to make an informed choice about which financial institution to turn to or which card to get because of the many features of each card to consider.

“With the fear of higher inflation in 2023, people will make conservative choices and optimize their current expenses (groceries, gas, bills, etc.) and discretionary expenses (vacations, restaurants, entertainment, etc.),” according to Jean-Maximilien Voisine, president and founder of Milesopedia. Credit card rewards points are a great way to save on these expenses where prices have skyrocketed in the last few months.

Each consumer should have an average of two credit cards, according to Milesopedia, which recommends having one credit card to pay for everyday expenses and a second one dedicated to trips planned during the year to benefit from rewards and insurance.

“The statistics of our comparison tools show that consumers are looking for no-annual-fee cards. But, most of the time, they realize, thanks to our calculators, that cards with an annual fee give them much more benefits, points and cash back year after year,” says Etienne Werbinski, SEM Manager and Data Analyst at Milesopedia.

Milesopedia, therefore, proceeded to analyze the credit card offers of the largest Canadian financial institutions to establish its ranking. It is based on 150+ criteria such as fees, welcome offer, minimum income requirement, number of points per category, account credit, insurance, airport lounge access, etc.

This year, Milesopedia added statistics from the ten or so white-label credit card comparison tools offered on partner websites such as Protégez-Vous, FrançoisCharron, EducFinance, HelloSafe and Dollars et cents | L’actualité.

Milesopedia has selected the best credit cards from 32 categories. Below you’ll find a top selection of these. To see the complete ranking with each feature and condition, we invite you to check out

Jean-Maximilien Voisine, founder and president of Milesopedia

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Jean-Maximilien Voisine, founder and president of Milesopedia

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150776