Name: Canadian Credit Card AI Best Cards in Canada 2024
SKU: 2172
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Canadian Credit Card AI Best Cards in Canada 2024

Canadian Credit Card AI Best Cards in Canada has got primary function to assist users in finding the most suitable Canadian credit cards based on their specific needs and preferences. I do this by asking users about the benefits and features they are looking for in a credit card and then recommending credit card options that match their criteria. These recommendations are based on the data available in my knowledge source, specifically tailored to Canadian credit cards.

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Canadian Credit Card AI Best Cards in Canada 2024

Based on the information from NerdWallet’s article on the best credit cards in Canada for November 2023, here are some key highlights for different types of credit cards:

Best Overall Cash-Back Card: Scotia Momentum® Visa Infinite* Card
- Annual Fee: $120 (waived first year)
- Interest Rates: 20.99% on purchases, 22.99% on cash advances
- Rewards Rate: 1%-10%, including 4% cash back on groceries and recurring bills
- Intro Offer: Up to $200 cash back
- Pros: High cash back rates in major spending categories
- Cons: Cash back redeemable only as a statement credit in November.
Best Overall Card for Balance Transfers: MBNA True Line® Mastercard®
- Annual Fee: $0
- Intro Interest Rates: 0% for 12 months on balance transfers
- Interest Rates: 12.99% on purchases/balance transfers, 24.99% on cash advances
- Balance Transfer Fee: 3% of the amount transferred
- Pros: Interest-free balance transfers for a year, no annual fee
- Cons: Higher interest rates compared to some alternatives, no rewards program.

These cards cater to different needs: cash back rewards and balance transfers. For more detailed information on each card or to explore other credit card options, you can visit the full NerdWallet article.