Best Current First Year Fee Waived Cards for August 2020

Some minor changes to this month’s list. HSBC cards have been taken off as they expired a week ago or so. The TD cards are next up. They will not make it to next month’s list. So if you are thinking about those cards, I would go for them. While Brim extended their offer another month, so you have a few more days left to take advantage.

Keep in mind that this post refers to temporary offers. We also have an ongoingly updated Top Credit Cards pages that includes permanent first year fee waived offers too. Here are some of the more relevant ones that are more related to this post:

• Top Cash Back Credit Cards
• Top Hybrid Credit Cards
• Top Specialty Credit Cards

Limited Time First Year Fee Offers for August 2020

Below are first year fee waived offers with a specified end date. Note that the cards is listed by their annual fees, from lowest to highest.

Laurentian Bank Visa Dollars

• $65 annual fee (first year fee waived if you apply before October 31, 2020)
• No annual fee for a supplementary cardholder
• Earn 6% cash back on gas and grocery purchases (within the 3 months, up to $2,000 in spending) (if you apply before October 31, 2020)
• Earn 3% cash back on pre-authorized debits
• Earn 2% cash back on gas and grocery
• Earn 1% cash back on all other purchases

Scotiabank GM Visa Infinite Card

• $79 annual fee (first year fee waived if you apply before October 31, 2020)
• Earn 5% cash back in GM Earnings on the first $10,000 spent annually on all purchases
• Earn 2% cash back in GM Earnings on all purchases after the first $10,000
• Cash back to be used for the purchase price or lease of a Chevrolet, Buick, GMC, or Cadillac
• Have at least $60,000 in personal annual income, $100,000 in annual household income or $250,000 in assets under management

TD Aeroplan Visa Platinum Credit Card

• $89 annual fee (first year fee waived if you apply before September 8, 2020)
• $35 annual fee for supplementary cardholders
• Earn 10,000 sign up bonus miles after the first purchase
• Earn 1 mile for every $1 spent at drug stores, gas and grocery
• Earn 1 mile for for every $1.50 spent on all other purchases

Scotia Momentum Visa Infinite Card

BMO Rewards Business MasterCard

• $120 annual fee (waived the first year if you apply before October 31, 2020)
• $50 annual fee for a supplementary cardholder
• Earn 35,000 sign up bonus points after spending $5,000 in the first 3 months (if you apply before October 31, 2020)
• Earn 3 BMO Reward points for every $1 spent on gas, office supplies, cell phone and internet recurring payments
• Earn 1.5 BMO Reward points for every $1 spent on all purchases

BMO CashBack World Elite MasterCard

• $120 annual fee (waived the first year if you apply before October 31, 2020)
• Earn 5% cash back on all purchases (for the first 4 months, up to $4,000 in spending or $200 in cash back) (if you apply before October 31, 2020)
• Earn 1.5% cash back on all purchases
• Receive cash back: (1) direct deposit into a BMO chequing, savings or InvestorLine account; or (2) a statement credit
• Redeem: (1) annually; (2) when a recurring amount has accumulated a minimum of $50 and in increments of $10; or (3) a one-time lump sum with a minimum of $50 and in increments of $10

BMO Air Miles World Elite MasterCard

• $120 annual fee (waived the first year if you apply before October 31, 2020)
• $50 annual fee for a supplementary cardholder
• Earn 2,000 sign up bonus Air Miles (earn 1,000 sign up bonus and 2,000 more after spending $3,000 in the first 3 months) (if you apply before October 31, 2020)
• Earn 1 Air Mile for every $10 on all purchases
• Receive 2 free lounge passes with MasterCard Airport Experiences
• Receive a Companion Flight Rebate Offer (by booking any two flights, one way or return, through airmiles.ca)
• Have at least $80,000 in personal annual income or $150,000 in annual household income

TD Cash Back Visa Infinite Card

TD Aeroplan Visa Infinite Card

• $120 annual fee (first year fee waived if you apply before September 8, 2020)
• $50 annual fee for supplementary cardholders
• Earn 15,000 sign up bonus miles after the first purchase
• Earn 1.5 mile for every $1 spent on gas, grocery, drugstore and aircanada.com purchases
• Earn 1 mile for every $1 spent on all other purchases
• Receive 1 free checked bag when travelling on an Aeroplan reward flight
• Receive 1 annual Maple Leaf Lounge guest pass when travelling on an Aeroplan reward flight operated by Air Canada
• Receive priority check-in and priority boarding (with Aeroplan reward flight)
• Have at least $60,000 in personal annual income or $100,000 in annual household income

TD First Class Travel Visa Infinite Card

• $120 annual fee (first year fee waived if you apply before September 8, 2020)
• $50 annual fee for supplementary cardholders
• Earn 20,000 sign up bonus points after the first purchase
• Earn 9 points for every $1 spent on Expedia
• Earn 3 points for every $1 spent on all other purchases
• Have at least $60,000 in personal annual income or $100,000 household income

BMO World Elite MasterCard