Best Brim Financial Credit Cards in Canada 2024

Brim credit cards offer top-level rewards when you spend, a comprehensive suite of insurance benefits, and exclusive perks at hundreds of partners.

If you are looking for a 0% foreign transaction fee credit card, all three Brim Mastercards qualify.

Read on to learn about the best Brim credit cards in Canada, their top features, benefits, pros, cons, and alternatives.

Best Brim Credit Cards

The Brim cards available as of this writing are:

• Brim Mastercard
• Brim World Elite Mastercard
• Brim World Mastercard

Brim credit cards	Highlights	Annual fee
Brim Mastercard	Earn 1 point/$1 spent, 0% FX fees, 5x insurance coverage, free global Wi-Fi	$0
Brim World Mastercard	Earn 1.5 points/$1, 0% FX fees, Lounge Key Membership, 9x insurance coverage, free global Wi-Fi	$99
Brim World Elite Mastercard	Earn 2 points/$1, 0% FX fee, 13x insurance coverage, travel assistance, free global; Wi-Fi	$199

Brim Mastercard

The Brim Mastercard is a no-annual-fee credit card that offers 1% cash back on every dollar spent. In addition to the standard rewards, cardholders can earn extra points at participating Brim partners and merchants.

On the interest rate side of things, you will pay 19.99% on purchases and 21.50% on cash advances, although this may vary depending on other factors (applicable for all three cards).

If you use “Installment Pay,” a fixed installment fee and monthly processing fee apply.

The insurance coverage offered by Brim Mastercard includes:

• Common carrier accident insurance – Up to $100,000/insured and $300,000/accident
• Mobile device insurance – Up to $500
• Event ticket protector insurance – up to $1,000
• Extended warranty
• Purchase warranty

Learn more about this card in our Brim Mastercard review.

For alternative no-annual-fee credit cards, you can consider the Tangerine World Mastercard or Neo Financial Mastercard.

Brim World Mastercard

The Brim World Mastercard is a mid-level credit card that is great for earning cash back and accessing travel benefits.

For a $99 annual fee, cardholders get access to 1.5% cash back on up to $25,000 spent annually and a base rate of 1 point per $1 when this cap is reached.

0% foreign transaction fees and access to installment pay are standard across the board for all Brim credit cards.

For the Brim Financial World Mastercard, you also get complimentary Lounge Key Membership with access to airport lounges at $32 USD per visit and travel assistance.

Insurance coverages for this card are:

• Common carrier accident insurance: Up to $150,000/insured and $500,000/accident
• Mobile device insurance: Up to $1,000
• Event ticket protector insurance: Up to $1,000
• Extended warranty
• Purchase security insurance
• Out-of-province emergency travel medical insurance: 8 days if under 65/$5 million
• Car rental insurance: 48 days and MSRP up to $65,000

Alternatives to the Brim World Mastercard include the highly-rated Scotiabank Gold American Express Card and SimplyCash Preferred Card from Amex.

Brim World Elite Mastercard

The Brim World Elite Mastercard is a premium credit card with a $199 annual fee. It offers 2% cash back on purchases of up to $25,000 per year and a standard 1% earn rate after that.

Cardholders enjoy 0% FX fees, global Wi-Fi via Boingo, and access to installment payments for 12, 16, 20, or 24 months.

A comprehensive insurance package is included with benefits such as:

• Common carrier accident insurance: Up to $150,000/insured and $500,000/accident
• Mobile device insurance: Up to $1,500
• Event ticket protector insurance: Up to $1,000
• Extended warranty
• Purchase security insurance
• Out-of-province emergency travel medical insurance: 15 days if under 65 years, and 3 days if 65+ (up to $5 million)
• Flight delay insurance: Up to $500/day & $1,000/occurrence
• Baggage delay insurance: Up to $500/insured & $1,000/occurrence
• Lost or stolen baggage insurance: Up to $1,000/insured & $2,000 max
• Hotel burglary insurance: Up to $2,500/occurrence
• Car rental insurance: 48 days and MSRP up to $85,000
• Trip cancellation insurance: Up to $2,000/insured & $5,000 max/trip
• Trip interruption insurance: Up to $5,000/insured & $25,000 max/trip

To learn more about the Brim World Elite Mastercard, read our detailed review.

Solid alternatives to this card include the Scotiabank Passport Visa Infinite and Scotiabank Platinum American Express Card.

How Does Brim Rewards Work?

The points earned using your Brim card can be redeemed as a statement credit or to pay for transactions.

Points are redeemed at a rate of 1 cent = 1 point, and you can spend points starting at a minimum of $1 or 100 points.

When you shop at participating Brim partners, you could earn points, and these exclusive offers can be viewed on the Brim Marketplace on the app.

Some popular Brim merchant partners include Walmart, Apple, Avis, Disney+, Lululemon, and Indigo.

Brim points do not expire as long as your account is open and in good standing.

How To Apply For a Brim Mastercard

You can visit Brim’s website to apply for one of their credit cards.

In general, you must be a Canadian resident and the age of the majority in your province.

Minimum income requirements are in place for two of the cards:

• Brim World Mastercard: At least $60,000 for personal income or $100,000 for household income
• Brim World Elite Mastercard: At least $80,000 personal or $150,000 household income

Pros and Cons of Brim Mastercards

Brim credit cards have benefits and downsides you should be aware of.

Pros:

• All three cards waive foreign transaction fees which are usually 2.5% or higher
• Competitive cash back earn rates from 1% to 2%
• Brim Open Rewards includes bonus points at select merchants
• It is easy to redeem points
• Works with various digital payment wallets, including Apple Pay, Google Pay, Samsung Pay, Fitbit pay, and Garmin
• First-time bonuses available to new card users
• Access to a versatile mobile app for tracking spending and budgeting
• Includes security features
• All three cards include free global Wi-Fi through Boingo

Cons:

• High annual fee on upper-tier cards
• Comprehensive insurance is lacking on the Brim Mastercard
• Personal income of at least $60,000 to $80,000 required for the World and World Elite Mastercards
• There is a $25,000 annual spending cap on the 1.5% and 2% cash back earn rates
• Supplementary cards cost up to $50

Alternatives To Brim Credit Cards

Depending on your needs and how much you are willing to pay on annual fees, these Brim card alternatives are worth checking out:

No annual fee cards: Tangerine World Mastercard, Neo Financial Mastercard, and SimplyCash Card from Amex.

Premium credit cards: Scotiabank Gold American Express Card, Scotiabank Passport Visa Infinite Card, and American Express Cobalt Card.

• Tangerine World Mastercard

• Neo Financial Mastercard

• SimplyCash Card from Amex

• Scotiabank Gold American Express

• Scotiabank Passport Visa Infinite Card

• American Express Cobalt Card

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