Top Credit Card Higher than Normal Sign Up Bonuses for December 2020

Some minor changes to this month’s list. Many offers push well into the new year. However, the HSBC promotions will end before next month’s list.

The credit cards are ranked by the price of the annual fees (lowest to highest):

RBC Cash Back Mastercard

No annual fee
Earn 25,000 Petro-Points (after linking Petro-Points card) (if you sign up before January 4, 2021)
Normally no sign up bonus

BMO Air Miles MasterCard

No annual fee
Earn 800 sign up bonus Air Miles (after spending $1,000 within the first 3 months) (if you apply before October 31, 2020)
Earn up to 5x the miles at Shell locations (until December 31, 2020)
Normally 200 sign up bonus miles

BMO Rewards MasterCard

No annual fee
Earn 15,000 sign up bonus points (after spending $1,000 in the first 3 months) (if you apply before October 31, 2021)
Normally 10,000 sign up bonus points

RBC WestJet World Elite MasterCard

$119 annual fee
Earn $450 sign up bonus points (earn $250 after the welcome bonus and another $200 after spending $5,000 in the first 3 months) (if you apply before January 31, 2021)
Normally $250 sign up bonus WestJet dollars

BMO Air Miles World Elite MasterCard

$120 annual fee (first year fee waived if you apply before October 31, 2021)
Earn 2,000 sign up bonus Air Miles (spending $3,000 within the first 3 months) (if you apply before October 31, 2021)
Normally, 2,000 sign up bonus miles (but new offers may be the new normal)
Have at least $80,000 in personal annual income or $150,000 household income

BMO Rewards Business MasterCard

$120 annual fee (waived the first year if you apply before October 31, 2021)
$50 annual fee for a supplementary cardholder
Earn 50,000 sign up bonus points after spending $5,000 in the first 3 months (if you apply before October 31, 2021)
Normally 35,000 bonus points

TD First Class Travel Visa Infinite Card

$120 annual fee (first year fee waived if you apply before May 30, 2021)
$50 annual fee for supplementary cardholders
Earn 60,000 sign up bonus points after the first purchase (earn 20,000 TD points after the first purchase and earn 40,000 TD points after spending $1,500 within 90 days) (if you apply before May 30, 2021)
Normally 40,000 TD points
Have at least $60,000 in personal annual income or $100,000 household income

HSBC World Elite MasterCard

$149 annual fee (first year fee waived if you apply before December 28, 2020; except Quebec)
Earn 130,000 sign up bonus points (Quebec only), (if you apply before December 28, 2020) (earn 20,000 after the first purchase and earn 110,000 bonus points after spending $5,000 in the first 180 days)
Earn 100,000 sign up bonus points (rest of Canada), (if you apply before December 28, 2020); earn 20,000 after the first purchase and earn 80,000 bonus points after spending $5,000 in the first 180 days)
Normally 20,000 sign up bonus points
Have at least $80,000 in personal annual income, $150,000 household income or have $400,000 asset under management

HSBC Premier World Elite MasterCard

$149 annual fee (first year fee waived if you apply before December 28, 2020; except Quebec)
Earn 120,000 sign up bonus points (Quebec only), (if you apply before December 28, 2020) (earn 20,000 after the first purchase and earn 100,000 bonus points after spending $5,000 in the first 180 days)
Earn 100,000 sign up bonus points (rest of Canada), (if you apply before December 28, 2020); earn 20,000 after the first purchase and earn 80,000 bonus points after spending $5,000 in the first 180 days)
Normally 20,000 sign up bonus points
Have at least $80,000 in personal annual income, $150,000 household income or have $400,000

Scotiabank Passport Visa Infinite Business Card

$199 annual fee
$50 annual fee for a supplementary card (first card fee waived)
Earn 40,000 sign up bonus Scotia Reward points (earn 30,000 for spending $5,000 within the first 3 months and earn 10,000 Scotia Reward bonus points for spending $60,000 in the first 12 months) (if you apply before February 28, 2021)
Normally 30,000 sign up bonus points
Have at least $60,000 personal annual income, $100,000 annual household income or $250,000 assets under management, as well as a minimum business annual sales revenue of $500,000

Note that we also have two other types of monthly lists going on:

Please let us know in the comment section below if you would like to see other types of monthly lists or if we missed any promotions!