Best Current First Year Fee Waived Cards for July 2023
After a one month break, we are back this month with the top first year fee waived promotions. See the commentary under each credit card for more thoughts on each offer.
Limited Time First Year Fee Waived Offers
We have listed the cards based on their promotional expiry dates, categorised by month. If there is a tie-break, it is ranked by annual fee (lowest to highest), after which it will go alphabetically.
August 2023
HSBC World Elite® MasterCard (non-QC residents only)*
- $149 annual fee (a full annual fee rebate for the primary cardholder for the first year* for applying before August 31, 2023)
- Authorized User Annual Fee: $50 Per Card
- Earn up to 80,000 points (earn 20,000 Welcome Bonus points, earn 1,000 points for spending $1,000 each month, within the first 6 months of account opening, to a maximum of 60,000 points) (apply before August 31, 2023)
- Earn 6 HSBC points for every $1 spent on travel purchases
Earn 4 HSBC points for every $1 spent on drugstore, gas and grocery purchases
Earn 2 HBSC points for every $1 spent on all other purchases - Receive $100 annual travel enhancement credit*
- Receive a Boingo membership
- No foreign transaction fees (only the exchange rate will apply)
- Have at least $80,000 in personal annual income, $150,000 household income or have $400,000 asset under management in Canada
- *Terms and Conditions apply
- ®/TM Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to licence.
This offer will expired before next month’s list. So if you have been contemplating this offer, now is as good a time as any to go for it!
September 2023
TD Aeroplan Visa Platinum Card
- $89 annual fee (first year fee waived) (apply by September 5, 2023)
- $35 annual fee for supplementary cardholders
- Earn 20,000 sign up Aeroplan bonus points (earn 10,000 points after the first purchase and another 10,000 points after spending a $1,000 in the first 90 days) (apply by May 28, 2023)
- Earn 1 point per $1 spent on Air Canada, gas and grocery purchases
- Earn 1 point per $1.50 spent on all other purchases
The fee waiver expired back on May 28, 2023, but has since been extended to early September.
TD Aeroplan Visa Infinite Card
- $139 annual fee (first year fee waived for applying by September 5, 2023)
- $75 annual fee for supplementary cardholders
- Earn 70,000 sign up Aeroplan bonus points (earn 10,000 points after the first purchase within the first 3 months, earn 40,000 points after spending $5,000 in the first 180 days and earn 20,000 points after spending $7,500 in the first 12 months) (for applying by September 5, 2023)
- Earn 1.5 points per $1 spent on Air Canada, gas and grocery purchases
- Earn 1 point per $1 spent on all other purchases
- Have at least $60,000 in personal annual income or $100,000 household income
The fee waiver expired back on May 28, 2023, but has since been extended to early September.
TD Cash Back Visa Infinite Card
- $139 annual fee (first year fee waived if you apply by September 5, 2023)
- $50 annual fee for supplementary cardholders
- Earn 10% cash back on all purchases (for the first 3 months, up to $2,000 in spending) (apply by September 5, 2023)
- Earn 3% cash back on gas, grocery and recurring bill payments thereafter (on first $15,000 in annual spending per category, including the 3 month bonus promotion)
- Earn 1% cash back on all other purchases
- Have at least $60,000 in personal annual income or $100,000 in annual household income
The fee waiver expired back on May 28, 2023, but has since been extended to early September.
TD First Class Travel Visa Infinite Card
- $139 annual fee (first year fee waived) (apply by September 5, 2023)
- $50 annual fee for supplementary cardholder
- Earn 100,000 sign up bonus TD Rewards Points after the first purchase (earn 20,000 TD Rewards Points after the first purchase and earn 80,000 TD Rewards Points after spending $5,000 within 180 days) (apply by September 5, 2023)
- Earn 8 TD Rewards Points for every $1 spent when booking travel online through Expedia for TD
- Earn 2 TD Rewards Points for every $1 spent on all other purchases
- Receive a $100 annual TD Travel Credit for booking at Expedia For TD
- Have at least $60,000 in personal annual income or $100,000 household income
The fee waiver expired back on May 28, 2023, but has since been extended to early September.
TD Aeroplan Visa Business Card
- $149 annual fee (first year fee waived for applying by September 5, 2023)
- $49 annual fee for supplementary cardholder
- Earn 50,000 sign up Aeroplan bonus points (earn 10,000 points after the first purchase, earn 30,000 points after spending $5,000 in the first 3 months and earn 10,000 points for setting up new recurring bill payments (maximum two)) (apply by September 5, 2023)
- Earn 2 points per $1 spent on Air Canada purchases
- Earn 1.5 points per $1 spent on shipping, internet, cable, phone services, travel and dining purchases
- Earn 1 point per $1 spent on all other purchases
- Receive 4 Air Canada Maple Leaf Lounge passes
- Receive free first checked bag (up to 8 additional companions)
- Receive $100 NEXUS application credit once every 48 months (applies to supplementary cardholders too)
The fee waiver expired back on May 28, 2023, but has since been extended to early September.
- $149 annual fee (first year fee waived for applying by September 5, 2023)
- $49 annual fee for a supplementary cardholder
- Earn 140,000 sign up bonus TD Rewards points (earn 30,000 TD Rewards Points after the first purchase, earn 70,000 TD Rewards Points after spending $5,000 in the first 3 months and earn 40,000 TD Rewards points by setting up new regularly recurring bill payments (maximum two)) (apply by September 5, 2023)
- Earn 9 TD Rewards Points for every $1 spent when booking travel online through ExpediaforTD.com
- Earn 6 TD Rewards Points for every $1 spent on foreign currency purchases, restaurant and regularly recurring bill payments
- Earn 2 TD Rewards Points for every $1 spent on all other purchases
The fee waiver expired back on May 28, 2023, but has since been extended to early September.
October 2023
Scotia Momentum Visa Infinite Card
- $120 annual fee (first year fee waived) (apply before October 31, 2023)
- $50 annual fee for a supplementary cardholder
- Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases) (apply before October 31, 2023)
- Earn 4% cash back for every $1 spent on grocery purchases and recurring bill payments
- Earn 2% cash back for every $1 spent on gas and daily transit
- 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
This offer was set to expire on June 30, 2023, which has now been extended to the end of October, 2023.
December 2023
BMO Rewards Business MasterCard
- $120 annual fee (first year fee waived) (apply before December 31, 2023)
- $50 annual fee for a supplementary cardholder
- Earn 50,000 sign up bonus points after spending $5,000 in the first 3 months (apply before December 31, 2023)
- 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
If you can make use of multiplier bonuses to fast track your BMO Rewards balance, this is a decent business card to have considering the first year fee waiver offer.
May 2024
BMO Air Miles World Elite MasterCard
- $120 annual fee (first year fee waived) (apply before May 31, 2024)
- $50 annual fee for a supplementary cardholder
- Earn 2,000 sign up bonus Air Miles after spending $3,000 in the first 3 months (apply before May 31, 2024)
- Earn 1 Air Mile for every $10 on all purchases
- Have at least $80,000 in personal annual income or $150,000 in annual household income
The fee waiver expired back on July 31, 2023, but has since been extended to the end of May 2024.
BMO CashBack World Elite MasterCard
- $120 annual fee (first year fee waived) (apply before May 31, 2024)
- Earn 10% cash back on all purchases (for the first 3 months, up to $2,000 in spending or $200 in cash back) (apply before May 31, 2024)
- 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
The fee waiver expired back on July 31, 2023, but has since been extended to the end of May 2024.
BMO eclipse Visa Infinite Card
- $120 annual fee (first year fee waived) (apply before May 31, 2024)
- Earn 10% more points for adding a supplementary cardholders
- Earn 60,000 sign up bonus BMO Reward points (earn 30,000 points after spending $3,000 in the first 3 months, and 2,500 points for each subsequent month after spending $2,000 for up to 12 months) (apply before May 31, 2024)
- Receive an annual $50 lifestyle credit
- Earn 5 points for every $1 spent on groceries, dinning in and out, gas and transit purchases
- Earn 1 points for every $1 spent on all other purchases
- Have at least $60,000 in personal annual income or $100,000 household income
The fee waiver expired back on July 31, 2023, but has since been extended to the end of May 2024.
- $150 annual fee (first year fee waived) (apply before May 31, 2024)
- $50 annual fee for each supplementary card
- Earn 60,000 sign up bonus BMO Reward points (earn 30,000 points after spending $3,000 in the first 3 months, and 2,500 points for each subsequent month after spending $2,000 for up to 12 months) (apply before May 31, 2024)
- 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
The fee waiver expired back on July 31, 2023, but has since been extended to the end of May 2024.
Note that we have two other monthly lists:
If you would like to see other lists or see any missing offers in this post, please let us know in the comment section below!