Best Credit Cards for Groceries in Canada

The Best Credit Cards For Groceries

BMO^® CashBack^® World Elite^®* Mastercard^®*

The BMO® CashBack® World Elite®* Mastercard®* is one of the best cash back Mastercard credit card in Canada.

For a limited time, you will earn 10% cash back on all purchases for the first three months (up to $260 cash back). Besides, the annual fee is waived in the first year!

With the BMO® CashBack® World Elite®* Mastercard®*, you earn between 2% and 5% cash back on many spending categories:

• 5% on grocery purchases (on the first $500 you spend monthly)
• 4% on transit (on the first $300 you spend monthly)
• 3% on gas and electric vehicle charging (on the first $300 you spend monthly)
• 2% on recurring bill payments (on the first $500 you spend monthly)

Everywhere else, you’ll earn 1% cash back, including at Costco.

Finally, it is one of the only credit cards in its category to offer an extended warranty of 2 additional years.

American Express Cobalt^® Card

The American Express Cobalt® Card is the best credit card from American Express, whether you want points for travel or cashback.

The welcome bonus is distributed monthly for the first 12 months. You earn 2,500 Membership Rewards points for every $500 in purchases charged to your card during the month (whether in the 1X, 2X, 3X or 5X category). That’s up to 30,000 Membership Rewards points.

You can easily use these points as statement credits for everyday or travel purchases. The value is the same for both: 1,000 points = $10.

Or, you can transfer your points to Aeroplan, Marriott Bonvoy, or Hilton Honors. With the American Express Cobalt® Card, you can earn between 1 and 5 points per dollar:

This is a 1 to 5% return on all these purchases.

In addition, this card provides excellent insurance coverage: rental car theft and damage, baggage delay, lost or stolen baggage, flight delay, $250,000 travel accident, hotel or motel burglary, Mobile Device Insurance, Purchase Security, Purchase Protection Insurance.

Find out in this article how to maximize the welcome bonus to get 60,000 points with your everyday spending. This offer may be withdrawn at any time.

Like all American Express Canada Cards, there is no minimum income requirement.

Scotiabank Gold American Express^® Card

The Scotiabank Gold American Express® Card only requires a minimum income of $12,000.

For a limited time, you can earn up to 45,000 points in the first year, which is a $450 value for travel purchases including Airbnb. Plus, the first year is free!

With the Scotiabank® Gold American Express® Card, you earn 6X Scene+ points on every $1 you spend at Sobeys, IGA, Safeway, Foodland, FreshCo, Voilà by Sobeys, Voilà by IGA, Voilà by Safeway, Chalo! FreshCo, Thrifty Foods, IGA West, Les Marchés Tradition, Rachelle Béry and Co-Op.

Also, you earn 5 points per dollar for:

• grocery stores
• Restaurants
• Entertainment

And 3 points per dollar on gas, transit and streaming services purchases.

You can redeem your points on travel purchases (flights, hotels, all-inclusive and even Airbnb). You can also use your points as cash back rewards with Scene+.

The Scotiabank Gold American Express® Card is a no foreign transaction fee card. It has Premium travel and purchase insurance, Concierge services, Exclusive Benefits American Express (Front of the Line Program).

National Bank's World Elite Mastercard^®

The National Bank’s World Elite Mastercard® is the Best National Bank Mastercard credit card.

With this exclusive welcome offer for Milesopedia readers, you can get up to 70,000 points, and the first year’s annual fee is waived for the primary cardholder. Here’s how:

• 30,000 points after $5,000 in Card purchases within the first 3 months of account opening
• 30,000 points if $12,000 or more in net purchases are charged to the credit card within 12 months of account opening
• 10,000 points if you sign up for Credit Card Payment Protection for a minimum of 3 months

With this card, you earn up to 5 points per dollar on your purchases:

• 5 points per dollar on grocery and restaurant purchases
• 2 points per dollar on gas and electric recharge purchases
• 2 points per dollar on recurring bills
• 2 points per dollar on À la carte Travel
• 1 point per dollar on all other purchases

And since it’s a National Bank Mastercard credit card, you can use it at Costco. With this card, you have access to a $150 annual travel credit that you can use in any of these categories:

• Airport parking
• Baggage fees
• Seat selection
• Access to airport lounges
• Flight upgrades

In addition, you can enjoy access to DragonPass airport lounges and free Wi-Fi with Boingo. And unlimited access to the National Bank Lounge at Montreal-Trudeau.

Finally, in 2022, we voted The National Bank’s World Elite Mastercard® as the Best Travel Credit Card for Insurance.

This promotion is intended for individuals who do not have a National Bank Mastercard credit card and have not held a National Bank credit card within the last 24 months.

CIBC Dividend^® Visa Infinite* Card

The CIBC Dividend® Visa Infinite* Card is one of the best Visa credit cards with cash back in Canada. The minimum annual income required for this card is $60,000 (personal) or $100,000 (household). With this CIBC Cash Back Credit Card, you get:

• 4% cash back on eligible gas and groceries purchases
• 2% cash back on eligible transportation, dining purchases and recurring payments
• 1% on all other purchases

For a limited time, get a 10% cash back welcome bonus of up to $250. And you’ll get a first-year annual fee rebate!

And this CIBC Cash Back Credit Card offers many insurance coverages:

• Auto Rental Collision/Loss Damage Insurance
• $500,000 Common Carrier Accident Insurance
• Flight Delay and Baggage Insurance
• Trip Interruption Insurance
• Out-of-Province Emergency Travel Medical Insurance
• Purchase Security and Extended Protection Insurance

BMO eclipse Visa Infinite* Card

When you sign up for our exclusive offer for the BMO eclipse Visa Infinite* Card, you can earn up to 70,000 BMO Rewards points and have the$120 annual fee waived for the first year:

• 40,000 points after $3,000 in purchases in the first three months
• 30,000 points at annual renewal if you have made $25,000 in purchases with the card in the first 12 months

Plus, you’ll get a $50 annual lifestyle credit – per calendar year – to spend however you want.

With the BMO eclipse Visa Infinite* Card, you can earn 5 BMO Rewards points per dollar 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.

Scotiabank American Express^® Card

The Scotiabank American Express Card is one of the best no-fee credit cards in Canada.

For a limited time, you can earn up to 12,000 points in the first year, which is a $120 value for trips including Airbnb.

With the Scotiabank®* American Express® card, you earn 3X Scene+ points on every $1 you spend at Sobeys, IGA, Safeway, Foodland, FreshCo, Voilà by Sobeys, Voilà by IGA, Voilà by Safeway, Chalo! FreshCo, Thrifty Foods, IGA West, Les Marchés Tradition, Rachelle Béry and Co-Op.

Also, you get 2 points per dollar for:

• grocery stores
• Restaurants
• Entertainment
• Gas stations
• Transit
• streaming services

And 1 point per dollar of purchase for all other purchases.

You can redeem your points on travel purchases (flights, hotels, all-inclusive and even Airbnb). Or with Scene+ partners for cash back.

CIBC Dividend Platinum^® Visa* Card

If you don’t meet the income requirements for the CIBC Dividend® Visa Infinite* Card, you could apply for the CIBC Dividend® Platinum Visa* Card. The minimum annual income required for this card is $15,000 (household).

With the CIBC Dividend® Platinum Visa* Card, you get:

• 3% cash back on eligible gas and grocery purchases
• 2% cash back on eligible transportation, dining purchases and recurring payments
• 1% on all other purchases

Currently, you get 10% cash back (up to $250)*. And a first-year annual fee rebate!† And this CIBC Cash Back Credit Card offers some insurance coverage:

• Auto Rental Collision/Loss Damage Insurance
• $500,000 Common Carrier Accident Insurance
• Purchase Security and Extended Protection Insurance

BMO^® CashBack^® Mastercard^®*

The BMO® CashBack® Mastercard®* is a cash back credit card with no annual fee. With the BMO® CashBack® Mastercard®*, you can earn 5% cash back for the first 3 months. It’s a maximum welcome bonus of $100.

Then you get:

• 3% cash back on grocery purchases, including at Walmart Supercenters
• 1% cash back on recurring bill payments

Finally, you can also get a 0.99% introductory rate on balance transfers for nine months.