Earning Rates

The mycredit Mastercard earns cash back at the following rates:

  • 1% cash back on restaurants purchases and recurring pre-authorized payments.
  • 0.5% cash back on all other purchases.

Key Benefits

Here are the main benefits of the mycredit Mastercard:

  • Travel & Purchase Insurance: Mobile Protection, Purchase Protection, and Extended Warranty.

Fees

Annual Fee

The mycredit Mastercard has no annual fee.

Authorized User Fee

There is no fee to add authorized users to the mycredit Mastercard.

Foreign Transaction Fee

The mycredit Mastercard has a foreign currency conversion fee of 2.5%. This means you will be penalized when using this card to make purchases that are not in Canadian Dollars.