Best Current First Year Fee Waived Cards for July 2019
Many promotions ended in June, but new promotions are being offered in July. So the list has trimmed down quite a bit for this month.
One card that I would pay closer attention to is the Scotia Momentum Visa Infinite Card, which currently has a $99 annual fee (first year fee waived if you apply before October 31, 2019). However, the annual fee goes up to $120 on August 1, 2019. I am going to assume that Scotiabank is going to honour the October 31st promotional period. But if you want to be safe, I would apply for this card before August 1 to take advantage of the current offer.
See the other two monthly lists on how we highlighted the featured card:
Limited time offers with no end date
For these cards, since there is no specific end date, it may very well terminate without notice.
Meridian Visa Infinite Cash Back Card
- $99 annual fee (first year fee waived)
- $30 annual fee for supplementary cardholders
- Earn 10% on all purchases (for the first 3 months, up to $2,000 in spending)
- Earn 4% cash back on gas and grocery store purchases (on the first $25,000 in purchases, then 1% for all other purchases)
- Earn 2% pharmacy purchases and utility bill payments (on the first $25,000 in purchases, then 1% for all other purchases)
- Earn 1% cash back on all other purchases
- Require either $60,000 annual personal income or $100,000 annual household income
- Cash back awarded as an account credit
- Available to Ontario residents only
Meridian Visa Infinite Travel Rewards Card
- $99 annual fee (first year fee waived for a limited time)
- $30 annual fee for a supplementary cardholder
- Earn 3 points for every $1 of net purchases in foreign currencies
- Earn 1.5 points for every $1 of net purchases
- Have at least $60,000 in personal annual income or $100,000 in annual household income
Limited time offers with an end date
Below are the offers with a specified end date. Though many of the cards tend to extend their promotional period as one ends.
Scotiabank GM Visa Infinite Card
- $79 annual fee (first year fee waived if you apply before October 31, 2019)
- 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
Scotia Momentum Visa Infinite Card
- $99 annual fee (first year fee waived if you apply before October 31, 2019)
- $30 annual fee for a supplementary cardholder
- Earn 10% cash back on first $2,000 in spending or within the first 3 months (whichever is completed first) (if you apply before April 30, 2019)
- Earn 4% cash back for every $1 spent on gas and grocery purchases
- Earn 2% cash back for every $1 spent on drug store purchases and recurring bill payments
- Earn 1% cash back for every $1 spent on all other purchases
- Have at least $60,000 in personal annual income, $100,000 in annual household income or $250,000 in assets under management
BMO Rewards Business MasterCard
- $120 annual fee (waived the first year if you apply before October 31, 2019)
- $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, 2019)
- Earn $100 travel credit card spending $100 on travel (if you apply before February 28, 2019)
- 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 Air Miles World Elite MasterCard
- $120 annual fee (waived the first year if you apply before October 31, 2019)
- $50 annual fee for a supplementary cardholder
- Earn 3,000 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 March 31, 2019)
- 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 Aeroplan Visa Infinite Card
- $120 annual fee (waived the first year if you apply before September 3, 2019)
- $50 annual fee for a supplementary cardholder
- Earn 25,000 sign up bonus Aeroplan miles (if you apply before September 3, 2019), earn 15,000 miles after the first purchase and earn an additional 10,000 miles after spending $2,000 in the first 90 days
- 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 3, 2019)
- Earn 80,000 sign up bonus points (if you apply before September 3, 2019); earn 20,000 after the first purchase and another 40,000 after spending $2,000 in the first 3 months and 10,000 after making $10,000 within 12 consecutive months
- 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
- $150 annual fee (waived the first year if you apply before October 31, 2019)
- $50 annual fee for each supplementary card
- Earn 35,000 sign up bonus BMO Reward points (after spending $3,000 in the first 3 months) (if you apply before March 31, 2019)
- Earn 3 points for every $1 spent on travel, dining and entertainment purchases
- Earn 2 points for every $1 spent on all other purchases
- Receive 4 free lounge passes with MasterCard Airport Experiences
- Have at least $80,000 in personal annual income or $150,000 household income
If you would like to see other lists or if I am missing any offers, please let us know in the comment section below!