The 4 Best Credit Cards for People Earning Under $ 60,000 a Year

When you start shopping for your next credit card, a criterion that you might forget to check before submitting an application is the minimum annual income requirement.
Of course, some credit cards sound good to the ear – but are you eligible for the application? It depends on how much you win.

Because premium credit cards typically have higher credit limits and premiums and first-class benefits, credit card companies require cardholders to earn a minimum of money every year to ensure that they can repay the balance on their cards.

For example, a student who was not working at school would only be eligible for a no-charge credit card, while a person earning $ 100,000 a year could have access to the best credit cards in the market .
If you currently earn less than $ 60,000 a year, there are excellent credit cards available for you.

Good Finance Express Gold Card


  • Annual fee: $ 99
  • Earn 15,000 bonus points (value: $ 150) when you make $ 1,000 of daily purchases in the first 3 months
  • Earn 4 Scotia bonus points on gas, groceries, entertainment and restaurants; 1 point per dollar on everything else
  • VIP lounge access from the airport with priority pass membership

Good Finance Express Gold Card is one of the best rewards cards in Canada and requires an annual income of only $ 12,000 for candidates to be considered. What makes this card so appealing is the fact that you earn 4 Scotia bonus points for every dollar spent at qualifying gas stations, grocery stores, restaurants and entertainment.

That’s 4% back in points, which is one of the highest gains you could get from any credit card. With your purchases in the other categories, you will only earn one Scotia Bonus Point per dollar spent, so it’s best to use this card only for multipliers.

There is an annual fee of $ 99, but you receive a welcome bonus of 15,000 points valued at $ 150. It should also be noted that this card includes full travel insurance including emergency medical expenses, trip cancellation / interruption, lost or delayed baggage, theft and damage to rental cars, and more.

Good Finance Discount Card


  • No annual fees
  • Get 5% cash back on eligible purchases at gas stations, grocery stores and restaurants for the first six months (up to $ 250 cash back)
  • Get a 1.25% discount on all other purchases once the welcome rate is over

If you do not want to complicate things, the Good Finance RemiseSimple card is the right card for you because it’s a real cash back credit card. During the first six months of membership, you will receive a 2.5% cash back on all eligible purchases at gas stations, grocery stores and restaurants in Canada (up to $ 250 cash back). Once the promotional period is over, all purchases will earn you 1.25%, which is good enough considering that it is a no charge card.

An additional benefit that may be of interest to some people is the balance transfer offer to new members of the card, where you only pay 1.99% interest for the first six months. Cardholders also have access to Good Finance Invitations, Purchase Insurance and Extended Warranty.

Good Finance

  • No annual fees
  • Earn 25 Optimum PC Points per $ 1 spent at Pharmaprix / Shoppers Drug Mart
  • Get 10 Optimum PC points per dollar spent on all other purchases
  • Get 20 Optimum PC points per liter of gas purchased from Esso

If you regularly shop at Pharmaprix / Shoppers Drug Mart and at PC store locations, take a look at the Financial MasterCard. With this card, you’ll earn 25 Optimum PC points per dollar spent at Pharmaprix / Shoppers Drug Mart and 10 points per dollar spent on all other purchases.

You’ll always earn in-store promotions and targeted offers, but the Financial Good Finance will help you earn points faster. It takes only 10,000 Optimum PC points to get a $ 10 credit. So, it’s incredibly easy to claim your rewards.

Credit Card Orange Discounts


  • No annual fees
  • Earn 2% cash back in three categories of selected expenses (10 options); 0.5% back on everything else
  • Cash back refunded monthly as an account credit, or deposited in a Orange savings account

What makes the Orange Discount Credit Card unique is that you can choose up to three categories where you can get 2% cash back on your purchases.

All other categories will give you only 0.5% in discounts. You will have to choose your categories according to your most expensive expenses. You will be able to change your categories at a later date, but they will not be active until the next billing cycle. Rewards can either be paid as a statement credit or refunded to your Orange Savings Account.