Credit Cards for Fair Credit

Do you have fair credit? Are you worried that you will not qualify for a credit card? Well, you can stop right there. It is easy to believe that there are no options if you currently have a fair credit rating. Fortunately for you, we are here to help. We can help you find and browse through the hundreds of credit cards that are designed for consumers like you, which have fair credit. The best thing about these credit cards is that they will provide you with a variety of benefits, which will help you improve your finances and best of all boost your credit rating. It can be a win-win situation. However, don't worry we will help you find the credit card that best suits your lifestyle. Our editors have compiled a list comparing the interest rates, fees, credit requirement and an overall review of the brand information. So let us help you secure the right credit card, at the right time.

  • Walmart Rewards™ Mastercard®

    • Earn 1.25% at Walmart stores and on Walmart.ca.
    • Earn 1% everywhere else.
    • Redeem at the register or online with as little as $5 in Walmart Reward Dollars™ or save up for something special.
    • Start saving with up to $25 in bonus Walmart Reward DollarsTM
    • Zero Liability Protection
    • Tap & Go® convenience
    • Free supplementary cards so you can earn rewards faster.
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  • President’s Choice Financial® Mastercard®

    • Earn 10 PC Optimum points for every $1 spent at Shoppers Drug Mart®, in addition to the base 15 points all PC Optimum members earn
    • Earn 10 PC Optimum points for every $1 spent, everywhere you shop
    • New cardholders enjoy a low balance transfer rate of 0.97% for 6 months
    • NO annual fee
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  • National Bank World Mastercard

    • Accumulate rewards points by using your Mastercard.
    • Get gifts and gift cards from our Online Store
    • Get holiday packages, travel tickets, and essentials on À la carte Travel
    • Get exclusive travel discounts on À la Carte Rewards
    • Get banking products on À la carte Extra
    • Repay your credit card balance with rewards points in your client centre.
    • By charging just $2,000/month to your card
    • You could earn up to 24,000 points per year
    • And save up to $200 on travel
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  • National Bank Ultramar Mastercard

    • Earn cashback on gas purchases at Ultramar stations and when you pay with your card at Ultramar Business & Home Energy and other retailers
      And a further $750/year at Ultramar Business & Home Energy
    • Have cashback automatically credited to your account (up to $250 per year)
    • Get items repaired or replaced for up to twice as long.
    • Shop with peace of mind—most purchases made with your card are protected against theft and damage
    • Shop securely with Zero Liability fraud protection.
    • Gastronomical delights and so much more in the world's top cities thanks to Priceless Cities®.
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  • National Bank Platinum Mastercard®

    • Accumulate rewards points by using your Mastercard.
    • Get gifts and gift cards from our Online Store
    • Get holiday packages, travel tickets, and essentials on À la carte Travel
    • Get exclusive travel discounts on À la Carte Rewards
    • Get banking products on À la carte Extra
    • Repay your credit card balance with rewards points in your client centre.
    • If you charge just $2 000/month to your card, You could earn up to 24 000 points per year
    • And save up to $200 on travel
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  • National Bank ECHO Cashback Mastercard

    • Earn cashback at a rate of 1.5% on gas, groceries and online purchases22 and 1% on all other eligible purchases.
    • Once you earn $25 cashback, sign in to your online account to apply your cashback to your credit card account.
    • Get items repaired or replaced for up to twice as long.
    • Shop with peace of mind—most purchases made with your card are protected against theft and damage
    • Shop securely with Zero Liability fraud protection.
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  • National Bank CAA Rewards Mastercard

    • Get 1% cashback in CAA Dollars on eligible purchases
    • Redeem points for your CAA membership renewal, tickets to movies and shows, travel discounts and more
    • Get items repaired or replaced for up to twice as long.
    • Shop with peace of mind—most purchases made with your card are protected against theft and damage
    • Shop securely with Zero Liability fraud protection.
    • Gastronomical delights and so much more in the world's top cities thanks to Priceless Cities®.
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  • National Bank Allure Mastercard®

    • Earn 1 point for every $2 spent, provided your account is in good standing
    • Receive $10 cashback for each 1,000 points earned
    • 0% discount when you buy gift cards at yourallure.ca. Gift cards can be used at select fashion retailers and wellness centres.
    • Get items repaired or replaced for up to twice as long.
    • Shop with peace of mind—most purchases made with your card are protected against theft and damage
    • Shop securely with Zero Liability fraud protection.
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  • Meridian Visa Platinum Cash Back Card

    • The Meridian Visa Platinum Cash Back Card is your key to earning the platinum-level privileges you deserve. You’ll be rewarded with benefits and exceptional service.
    • Earn 2% on gas, grocery and pharmacy purchases and utility bill payments. You’ll also earn 1% on all other eligible purchases.
    • Earn 2%^ cash back on gas, grocery and pharmacy store purchases and utility bill payments
    • Earn 1% cash back on all other eligible purchases
    • Pay no annual fee for the first year
    • Free additional cards
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  • MBNA Smart Cash Platinum Plus® Mastercard®

    • Get 5% Cash Back on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500)
    • Get 2% Cash Back on eligible gas and grocery purchases thereafter (until the total gas and grocery purchases in the applicable month reaches $500)
    • Get 0.5% Cash Back for all other eligible purchases
    • Standard Annual Interest Rates of 19.99% on eligible purchases, 22.99% on balance transfers✪ and access cheques, and 24.99% on cash advances
    • A suite of comprehensive insurance
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Transaction Fees

Annual Fee: You may find some credit card options which charge yearly fees, but not all of them do. The types of credit cards which typically have yearly fees include premium credit cards, subprime credit cards, and secured credit cards. The fee amount charged per year will vary. Some fees start at $0 and go up to $500. It all depends on which type of credit card you apply for.

Regular Purchase APR: When you make a standard purchase with your credit card, the amount charged gets added to your revolving debt balance. On top of that, there is a certain amount of interest which gets added to this balance too. This interest is called the annual percentage rate, or APR. Your credit rating greatly influences your APR, which is why the percentage fluctuates regularly. People with perfect credit may only have to pay 10% APR while people with terrible credit pay up to 35% APR. For this reason, it is important to review all the terms and conditions on your credit card application prior to signing it. Make sure you know the true APR after the initial trial period expires. Sometimes these credit card companies will try to lure you in with 0% APR for 12 months, but they won’t tell you what the APR is after those 12 months. You must look for it in the fine print.

Intro Purchase APR: When you see a credit card plan which offers an introductory purchase APR of 0%, this doesn’t necessarily mean it’s a trick. Sometimes you’ll find some good low-interest credit card plans which charge 0% APR for the first 6 months, 12 months, or sometimes even longer. This means that all your credit card purchases within this time period won’t have interest charges added onto the debt balance. However, once the introductory period expires, the standard purchase APR will then apply. Again, check the terms and conditions to see what this APR is.

Balance Transfer Fee: If you owe money on multiple loans or credit cards, you can clear this debt by moving it to another credit card which has more available credit. This is basically a way to consolidate your debt so that you only owe money on one account instead of several accounts. However, whenever you transfer your debt balances to another account, you must pay a balance transfer fee of anywhere between 3% and 5% of the total transferred debt amount. For instance, if you owe a total of $10,000 on all your loan and credit card accounts, a 5% balance transfer fee on this amount would cost you $500.

Regular Balance Transfer APR: Sometimes a credit card company will offer a regular balance transfer APR to new credit card account holders instead of a balance transfer fee. This balance transfer APR is usually a generous deal which ranges from 0% to a very low APR. However, this low balance transfer APR is only available for a limited introductory time period. This could last for 6 months, 12 months, or longer. Once the introductory period is over, the normal rates apply.

Cash Advance Fee: If you want to take out a cash advance on your credit card, you will either be charged 3% to 5% on the transaction amount or a fixed fee of between $5 and $15 per transaction. The greater amount of the two is the one you will pay. For instance, if you take a $200 cash advance on a credit card which charges a cash advance fee of 10% or $5, you will end up paying 10% because that is the greater amount. In this case, the cash advance fee is $40.

Credit Terms

TheCreditWiki, can make searching for the best card far easier, especially when you need to consider several factors. You may not be aware, but there are a few cards that have APR rates that you will need to review before signing the contract with the bank or lender. You will also need to consider financing costs, and anticipate what you are going to need the card for, is it going to be a single one-off purchase, or do you want to carry a monthly balance? Understanding the potential financial implications is crucial, for example, if you don't make your required monthly or bulk payment by the agreed date, then your financing costs will increase. If this happens, you will incur several costs – such as paying the full current balance, and fees to the credit card issuer/bank. Another important factor is interest fees. Please be aware that they can fluctuate; they can shift from as low as 0% to as high as 35%. So, before signing the contract, review the credit card applications for any specifics regarding the interest rates, as they will be stated in the terms and conditions. TheCreditWiki strive to provide our customers with the most current, and up-to-date information, regarding rates, benefits and many more. Please do remember that the credit card offers that we have listed, are displayed without guarantee. If you want to affirm the terms and conditions, click on "Apply Now." You will be able to learn more about the full credit card offer, on a secured page that will be supplied by the card issuer(s). You will see the list of the best credit cards options currently available on the market listed below. We have provided you with all the relevant information about each provider to ensure that you will make an informed and confident decision.

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When searching for the best credit card TheCreditWiki can help you to make the best decision based on your lifestyle and financial history. TheCreditWiki is a free service and promotes bolstered credit examination, through a comparison entity. The offers that you will see on thecreditwiki.net are from organizations, which thecreditwiki.net will receive remuneration.

About our Ratings

Our reimbursement sometimes impacts the surveys, but it is only the order that the classifications appear in, and nothing else. They will appear on our featured pages, but you can still opt to use the best option for you, and we strive to provide this regardless of the compensation that we may receive.
Please be aware, that this may affect the order in which these credit offers appear. Also, thecreditwiki.net does consider the restrictive guidelines of each lender, and the probability of the consumers' credit history. They will take this information into account, and will decide how, and when the credit cards offer will appear on the site.

General Disclaimer

We advise you to review your credit card application for specific references of the terms and conditions. We will always endeavor to provide the most relevant and up-to-date information. However, please be aware that all credit card offered displayed are not guaranteed. If you wish to confirm the full terms & conditions, please click on the "Apply Now" link. If you select the link, it will open a secure page provided by the card issuer(s) which will explain your credit card offer in more detail.

Our Editors

Here at TheCreditWiki, we have a team of editors who supply unbiased ratings of various credit card offers. The components used to rate the offers accordingly are; offer purchasers, expenses, financing costs & which credit card the application is related too. Please be aware that all of the evaluations are completed using a master supposition from our editors. Our editors are not affected by any compensation that our receives from the credit card issuer.