The Best Credit Cards For Gas and Transit
These credit cards are perfect if you have many expenses for local transportation or at gas stations (remember that these are places where you can buy gift cards).
Here is a table summarizing the different offers. For more details, read on or click on the name of a card.
American Express Cobaltâ„¢ Card
The American Express Cobaltâ„¢ Card is the best American Express Credit Card.
You can get a welcome bonus of up to 45,000 Membership Rewards points, that’s a $450 value:
- 2,500 points per month for the first 12 months, when you charge $500 to your Card each month
- 15,000 additional points when you charge $3,000 to your Card within the first 3 months
Considering the minimum spend requirement in the first 12 months, this is a $705 value in the first year! Read this post for more details.
You can redeem your points in statement credits towards travel purchases or even on your everyday purchases. Or you can transfer your points to Marriott Bonvoy or Hilton Honors.
With the American Express Cobaltâ„¢ Card, you earn between 1 and 5 points per dollar:
| Category | Points per dollar |
| Grocery | 5 |
| Food delivery | 5 |
| Restaurants and bars | 5 |
| Convenience stores | 5 |
| Gas station | 2 |
| Gas & Transit | 2 |
| Travel | 2 |
| Other | 1 |
Besides, this Card provides premium insurance: Car Rental Theft and Damage Insurance, Baggage delay, Lost or Stolen Baggage, Flight delay, $250,000 Travel Accident, Hotel or motel burglary, Buyer’s Assurance® Protection Plan, Purchase Protection Guarantee.
BMO eclipse Visa Infinite* Card
By applying for the New BMO eclipse Visa Infinite* Card, you can get up to 40,000 BMO Rewards points and the $120 annual fee waived in the first year.
- 25,000 points after you spend a minimum of $3,000 within the first three months
- 15,000 points twelve months after the Credit Card account open date
You will also receive a $50 statement credit each calendar year to spend however you want.
With the New BMO eclipse Visa Infinite* Card, you can earn 5x the BMO Rewards points for every $1 spent on:
- Groceries
- Dining
- Food delivery
- Gas
- Transit
And 1 BMO Rewards point for every $1 spent on everything else.
Plus, if you add an authorized user to your account, you’ll earn 10% more points.
Regarding insurance, the New BMO eclipse Visa Infinite* Card includes:
- Travel Emergency Medical Insurance
- Rental Car Collision Loss/Damage Insurance
- Travel Accident Insurance
- Mobile device insurance
- Purchase security insurance
- Extended warranty
To apply for the new BMO eclipse Visa Infinite* Card, you must have a minimum $60,000 (individual) or $100,000 (household) annual income.
American Express® Gold Rewards Card
The American Express® Gold Rewards Card offers a welcome bonus of 25,000 Membership Rewards Points ($250 value or 25,000 Aeroplan miles).
And you earn 2 points per dollar for:
- Grocery stores
- Gas stations
- Drugstores
- Travel
Besides, it provides premium insurances.
American Express Business Edgeâ„¢ Card
The American Express Business Edgeâ„¢ Card is a small business credit card in Canada. This business credit card has a low annual fee ($99) and offers up to 42,000 Membership Rewards Points in the first year ($420 value).
You can earn 3 times the points on:
- Office supplies (Staples, etc.)
- Electronics (Apple, Dell, etc.)
- Rides
- gas
- Eats & Drinks
Also, you can get up to 99 free supplementary cards.
Scotia Momentum® VISA Infinite* card
The Scotia Infinite Momentum Visa Card is recognized year after year as one of the best cashback credit cards in Canada.
Currently, there is no annual fee in the first year, including on additional cards. Plus, you earn 10% cash back in the first three months.
After, with the Scotia Momentum® VISA Infinite* card, you earn:
- 4% at grocery store and on periodic payments
- 2% on gasoline and public transit
- 1% cash back on everything else
And this card has outstanding insurance.
American Express® AIR MILES®* Platinum Credit Card
With the American Express® AIR MILES®* Platinum Credit Card, you can earn a welcome bonus of 2,000 AIR MILES Bonus Miles. That’s enough to redeem for $210 towards your purchases with AIR MILES Cash.
With this credit card, you can earn 1 Mile for every $5 in Card purchases in:
- Grocery stores
- Gas stations
- restaurants and bars
- Transit
Besides, you get an annual travel credit.
Other great offers
Frequent Asked Questions about credit cards
Here are frequently asked questions in the milesopedia community about credit cards in Canada.
What is the best credit card in Canada?
There are more than 200 credit cards in Canada. There is no “one best credit card” in Canada.
Several credit cards can match your needs:
What is the best American Express credit card in Canada?
There are more than 30 American Express credit cards in Canada. Check out our best American Express Credit Cards page.
What is the best Mastercard credit card in Canada?
There are more than 90 Mastercard credit cards in Canada. Check out our Best Mastercard Credit Cards page.
What is the best Visa credit card in Canada?
There are more than 80 Visa credit cards in Canada. Check out our Best Visa Credit Cards page.