Top Credit Card Sign Up Bonuses for June 2016

Quite a few changes this month, especially with a slew of TD Aeroplan promotions coming off the list, but lots of new additions.

The industry seems to be in a bit of a flux these days in Canada. My recommendation is that if you see something you like, just go for it. We don’t know how much longer deals will hang around. There may be new deals later on, but it will be something different.

I have ranked the credit cards by the price of the annual fees (lowest to highest) and then in alphabetical order:

MBNA Sony Card Platinum Plus MasterCard – No annual fee, earn 10,000 sign up bonus points after your first purchase (no specified expiry date).

MBNA Best Western Rewards Platinum Plus MasterCard – No annual fee, earn 60,000 Best Western Rewards points after your first purchase (if you apply before July 10, 2016). Just a further breakdown of how the 60,000 points are earn:

• Earn the first 20,000 bonus points after your first purchase
• Earn the next 20,000 bonus points once you reach more than $1,000 spending
• Earn the final 20,000 bonus points after spending over $2,000

Laurentian Bank Visa Dollars – $65 annual fee, earn $75 sign up cash back bonus (if you apply before June 30, 2016). Earn the first $50 when you spend $500 within the first 50 days of the date indicated on the letter accompanying the card. Earn the other $25 when you spend $3,000 within the first year.

RBC Cathay Pacific Platinum Visa – $120 annual fee, earn 30,000 sign up bonus Asia Miles (if you apply before July 15, 2016). Earn the first 15,000 bonus Asia Miles upon approval and earn the additional 15,000 bonus Asia Miles after spending $7,500 in the first 3 months.

CIBC Aventura Visa Card for Business – $120 annual fee (first year fee waived if you apply before June 30, 2016. Earn 25,000 sign up bonus Aventura points (if you apply before June 30, 2016). Earn the first 20,000 points after your first purchase and earn an additional 5,000 bonus points if the purchase is made within first 6 statement periods.

BMO Cash Back World Elite MasterCard – $120 annual fee, earn $150 cash back (if you apply between January 4, 2016 and August 31, 2016). Earn the first $50 after your first purchase and the additional $100 cash back when you spend $3,000 in the first 3 month.

BMO Air Miles World Elite MasterCard – $120 annual fee. Earn 3,000 sign up bonus miles (if you apply before June 9, 2016). Earn the first 1,000 after the first purchase and another 2,000 miles after spending $3,000 in the first 3 months.

National Bank World Elite MasterCard – $150 annual fee first year fee waived (if you apply before July 15, 2016 and activate before August 15, 2016), earn 30,000 (or $300) (if you sign up before July 15, 2016 and activate before August 15, 2016).

• The first 20,000 points will be awarded upon activation of the credit card and the additional 10,000 points will be awarded one year after the card is issued on the account anniversary date.

CIBC Aerogold Visa Infinite Privilege Card – $399 annual fee, $99 annual fee a supplementary cardholder and earn 50,000 sign up Aeroplan bonus miles (if you apply before June 30, 2016). Earn 25,000 bonus miles after the first purchase. Earn an additional 25,000 miles when you spend $1,000 within the first 90 days.