Best credit cards by category
The Best Credit cards For Groceries
These 3 cards are ideal if you have a lot of spending at the grocery store.
American Express Cobalt™ Card
Definitely the most acclaimed credit card in the milesopedia community and the best credit card in Canada.
You can get a welcome bonus of 30,000 points (a $300 value) but which can be transformed into a 60,000 points when you spend $500 per month in bonus categories such as groceries, convenience stores, home food deliveries, restaurants and bars, where you get 5 points per dollar (and that’s the best credit card for groceries).
Until September 30, 2020, American Express Cobalt™ Cardmembers can redeem their points at a higher value for all purchases: 1,000 points = $10.
For example, 30,000 membership rewards have a $300 value on all purchases.
Scotiabank Gold American Express® Card
Scotiabank Gold American Express® Card only requires a $12,000 minimum income and is therefore accessible to as many people as possible.
For a limited time, you can get 25,000 points after $1,000 in credit card purchases, which is a $250 value for travels including Airbnb rentals.
With the Scotiabank Gold American Express® Card,you earn 5 points per dollar for:
- Grocery stores
- Restaurants
- Entertainment
You can redeem your points on travel purchases (flights, hotels, all-inclusive and even Airbnb).
Scotiabank’s American Express Gold Card also offers:
- no foreign currency transactions fee
- Premium insurance for your travels or purchases
- Concierge services
- Exclusive Benefits American Express (Front of the Line Program)
BMO® CashBack® Mastercard®*
The BMO® CashBack® Mastercard®* is a cash back credit card with no annual fee.
With this card, you can get 5% cash back in your 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 1.99% introductory interest rate on Balance Transfers for 9 months.
Tangerine Money-Back Credit Card
The Tangerine Money-Back Credit Card has no annual fee and offers cashback.
You can choose two to three categories of purchases (grocery, gas, furniture, home improvement, recurring bill payments, drug store, etc.) to earn 2% cashback! And with unlimited annual cashback!
Besides, the Tangerine Money-Back Credit Card comes with additional benefits:
- 90 days purchase insurance
- One-year extended warranty