These are excellent cash back credit cards in Canada.
Here is a table summarizing the different offers. For more details, read on or click on the name of a card.
American Express Cobalt® Card
The American Express Cobalt® Card is the best credit card from American Express, whether you want points for travel or cash back.
The welcome bonus is distributed monthly for the first 12 months. You’ll earn 1,250 Membership Rewards points for every $750 in purchases charged to your card during the month (whether in the 1X, 2X, 3X or 5X category). That’s up to 15,000 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.
Alternatively, transfer them to Aeroplan points, Avios (British Airways/Qatar Airways), Flying Blue, Marriott Bonvoy, or Hilton Honors.
For example, with this welcome offer, if you decide to transfer your Membership Rewards points to a partner loyalty program, you would have the choice of earning up to:
- 15,000 Aeroplan points
- 15,000 Avios points
- 11,250 Flying Blue Miles
- 18,000 Marriott Bonvoy points
With the American Express Cobalt® Card, you can earn between 1 and 5 points per dollar:
| Category | Points per dollar |
| Grocery (Métro, IGA, Sobeys, Super C, etc.) | 5 |
| Home food delivery | 5 |
| Restaurants and bars | 5 |
| Convenience stores | 5 |
| Streaming services | 3 |
| Service station | 2 |
| Transport | 2 |
| Travel | 1 |
| Other | 1 |
This is a 1 to 5% return on all these purchases.
For example, if you spend $1,000 per month on groceries and/or restaurants and/or food delivery, you’ll earn $50 cash back per month, or $600 cash back per year with this card for this category of purchases!
And if you decide to transfer your points to other programs like Aeroplan, you could get even more value!
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.
Like all American Express Canada Cards, there is no minimum income requirement.
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5X points on groceries and dining
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Use your points as a statement credit on any purchase
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Transfer your points to airline and hotel partners
Scotia Momentum® VISA Infinite* Card
The Scotia Momentum® VISA Infinite* card is recognized year after year as one of the best cash-back credit cards in Canada.
Currently, there is no annual fee in the first year, including on additional cards. And you can earn 10% cash back on all purchases for the first three months (up to $2,000 in total purchases).
With the Scotia Momentum® VISA Infinite* card, you get:
- 4% on groceries and recurring payments
- 2% on gas and daily transit
- 1% cash back on all other purchases
For example, if you spend $1,000 per month on groceries and/or recurring payments, you’ll earn $40 cash back per month, or $480 cash back per year with this card for this category of purchases! And that’s not counting the other purchases you’ll make with this card and the advantages it offers (particularly in terms of insurance).
If you rent, for example, you could use the Scotia Momentum® Visa Infinite* Card on the Chexy website to pay your rent and get 4% cash back!
The Scotia Momentum® VISA Infinite* card is an excellent Visa credit card for cash back.
And its insurance benefits are excellent!
Best of April 2025
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4% cash back on groceries
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4% cash back on recurring payments
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Visa Infinite Benefits
CIBC Dividend® Visa Infinite* Card
The CIBC Dividend® Visa Infinite* Card is one of the best Visa credit cards with cash back in Canada.
Right now, with this welcome offer, get a 10% welcome bonus in the form of up to $250 cash back (period covered by your first 4 statements) and a rebate on your first year’s annual fees†!
Plus, receive $50 cash back when you set up a pre-authorized payment within the first 4 months.
With this CIBC cash back credit card, you earn:
- 4% cash back on gas, EV charging, and grocery purchases†
- 2% cash back on eligible transportation, dining purchases and recurring payments†
- 1% cash back on all other purchases†
For example, if you spend $1,000 per month on groceries and/or gas and/or electric vehicle charging, you’ll earn $40 cash back per month or $480 cash back per year with this card for this category of purchases!
And that’s not counting the other purchases you’ll make with this card and the advantages it offers (particularly in terms of insurance).
And this CIBC Cash Back Credit Card offers many insurance coverages:
- Auto Rental Collision/Loss Damage Insurance
- $500,000 Common Carrier Accident Insurance
- Out-of-Province Emergency Travel Medical Insurance
- Purchase Security and Extended Protection Insurance
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Digital Exclusive Offer†
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4% cash back on gas, EV charging, and grocery purchases†
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Visa Infinite Benefits
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 this offer, get a 10% welcome bonus in the form of up to $250 cash back (period covered by your first 4 statements) and a rebate for your first year’s annual fees!†
Plus, receive $50 cash back when you set up a pre-authorized payment within the first 4 months.
With the CIBC Dividend® Platinum Visa* Card, you get:
- 3% cash back on eligible gas, EV charging, and grocery purchases.†
- 2% cash back on eligible transportation, dining purchases and recurring payments†
- 1% cash back on all other purchases†
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
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Digital Exclusive Offer†
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3% cash back on gas, EV charging, and grocery purchases†
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Purchase Security and Extended Protection Insurance†
BMO CashBack® World Elite®* Mastercard®*
BMO CashBack® World Elite®* Mastercard®* is one of Canada’s best cash back Mastercard credit cards.
Right now, for a limited time, you’ll get up to 10% cash back for the first 3 months, for a maximum return of $260 on $2,600 in purchases.
You’ll also receive an additional $75 bonus if you spend at least $25,000 in the first year.
Plus, there is no annual fee for the first year!
With BMO CashBack® World Elite®* Mastercard®*, you get between 2% and 5% cash back on many categories of purchases:
- 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.
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5% cash back on groceries
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3% cash back on gas
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Accepted at Costco
TD Cash Back Visa Infinite* Card
With the TD Cash Back Visa Infinite* Card, you earn 3% in Cash Back Dollars on:
- Grocery stores
- Gas stations
- Recurring invoices
And 1% cash back on all other purchases.
It’s the best TD cash back credit card, especially for gas purchases.
With this new welcome offer, you could earn 10% cash back on gas and grocery purchases and pre-authorized payments for the first three months (up to $3,500 in purchases). So you can earn up to $350 cash back!
Plus, a first-year annual fee rebate for the Primary and Additional Cardholders.
Finally, you have good insurance coverage, such as travel medical insurance, delayed or lost baggage insurance, collision/loss damage insurance for car rentals and mobile device insurance.
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3% cash back on groceries and gas
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Premium Insurance
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Visa Infinite Benefits
SimplyCash® Preferred Card from American Express
The SimplyCash® Preferred Card from American Express is the only credit card in Canada to earn 2% cash back on all purchases. In addition, you get :
- 4% cash back on gas purchases
- 4% cash back on grocery purchases
With this welcome offer, you can earn 10% cash back on all purchases (up to $2,000) for the first 3 months, or up to $200. Plus, receive a $50 statement credit after making a purchase in the 13th month.
The SimplyCash® Preferred Card from American Express Card is especially popular with those who have significant purchases to make: home improvement, furniture or appliance purchases since it offers 2% cash back at all stores.
This Card is stands out by the many insurances it offers : rental car theft and damage, $100,000 travel accident, emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delay and misdirected baggage, hotel or motel burglary, Purchase Protection, Purchase Security.
Like all American Express Canada Cards, there is no minimum income requirement.
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4% cash back on grocery purchases
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4% cash back on gas purchases
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American Express Online Promotional Offers
MBNA Rewards World Elite® Mastercard®
With the MBNA Rewards World Elite® Mastercard®, you can earn 5 points per dollar of purchases for:
- Dining purchases
- Grocery purchases
- Digital media purchases (Netflix, Spotify, etc.)
- Memberships
- Household utility purchases (electricity, etc.)
Everywhere else, you will get 1 point per dollar.
Enough to make the MBNA Rewards World Elite® Mastercard® the best MBNA credit card for restaurants, groceries, digital media, subscriptions and household utilities.
Knowing that Mastercard recognizes Walmart Supercenters as grocery stores, this is the best credit card for Walmart customers!
Plus, depending on your province of residence, you’ll get a welcome bonus of between 20,000 and 30,000 points, a value of $200 to $300!
And each year, you will receive Birthday Bonus Points equal to 10% of the total number of Points the Account earned in the 12 months before the month of your birthday, to a maximum Birthday Bonus each year of 15,000 Points.
Scotiabank Gold American Express® Card
The Scotiabank Gold American Express® Card only requires a minimum income of $12,000, making it accessible to the greatest number of people.
Until July 1, 2025, you can earn up to 40 000 Scene+ points in welcome bonus, broken down as follows:
- 20,000 Scene+ points with $2,000 in net purchases in the first 3 months
- 20,000 Scene+ points by making $7,500 in purchases on the card in the first year
That’s $400 worth of travel (including Airbnb).
With the Scotiabank Gold American Express® Card, you earn 6 points per dollar spent 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 centers
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 also offers no foreign currency transaction fees, excellent travel and purchase insurance, concierge service and exclusive American Express benefits (Front of the Line Program).
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5X points on groceries and dining
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No Foreign Transaction Fee
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American Express Online Promotional Offers
Rogers Mastercard®
Rogers Red Mastercard® is one of the best no-annual-fee credit cards in Canada, especially for Rogers, Fido and Shaw customers.
Right now, you can earn $60 cash back by making one purchase with your mobile wallet in the first 90 days AND 6 automatic payments from your Rogers, Fido or Shaw postpaid service in the first 8 months.
With Rogers Red Mastercard®, and having a single eligible service with Rogers, Fido or Shaw, you can earn 2% unlimited cash back on all eligible purchases.
Eligible services include :
- Rogers Mobile
- Fido Mobile
- Rogers, Fido, or Shaw Home (Internet, TV, home phone, home monitoring, or satellite)
This card is therefore also available to Quebec residents who have mobile service with Rogers or Fido!
Plus, you get 1.5 times the cash back every time you use it for eligible purchases at Rogers, Fido or Shaw – that’s 3% cash back!
Moreover, as a Rogers Red Mastercard® cardholder, you’ll get 5 Roam Like Home days at no cost every year for Rogers mobile plans (up to $80 value)
If you’re not a Rogers, Fido or Shaw customer, you’ll earn 2% cash back on eligible U.S. dollar purchases and 1% cash back on all other eligible purchases.
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No annual fee
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Accepted at Costco
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2% cash back on all purchasesIf you have an eligible service with Rogers, Fido or Shaw.
RBC Cash Back Preferred World Elite Mastercard
For a limited time, earn 12% cash back on up to $2,000 in purchases. That’s a $240 bonus!
With the RBC Cash Back Preferred World Elite Mastercard, earn 1.5% cash back on all your purchases, including at Costco. And there’s no annual limit.
In addition, you get several benefits such as:
- Instant fuel savings at Petro-Canada
- 12 Months of Free Delivery With Doordash
Finally, the RBC Cash Back Preferred World Elite Mastercard is ideal for protecting your purchases. You get:
- Premium purchase protection for 120 days
- Extended warranty triples the manufacturer’s original Canadian warranty
MBNA Smart Cash Platinum Plus® Mastercard®
MBNA Smart Cash Platinum Plus® Mastercard® is one of the best no-annual-fee cash-back credit cards in Canada.
With this card, you can get 2% on:
- gas purchases
- grocery purchases
Up to a monthly purchase limit of $500, and 0.5% cash back everywhere else.
For a limited time, you can earn 5% cash back for the first 6 months, a value of $150. It’s the best no-annual-fee MBNA credit card with cash back.
moi RBC Visa Credit Card
With the RBC Visa Card you can earn a welcome bonus of 10,000 points :
- 3,000 points upon your first purchase;
- 3,500 additional points when you spend at least $500 in the first three months;
- 3,500 additional points when you spend at least $2,000 in the first 12 months.
With this no-annual-fee RBC credit card, you can earn 2 points per dollar on:
- Eligible purchases made in participating stores at Metro, Première Moisson and Brunet at Quebec, and at Jean Coutu in Quebec, Ontario and New Brunswick when you present your Moi card and pay with your moi RBC Visa Credit Card.
- Restaurants, gas and electric vehicle charging
And 1 point per dollar for all other purchases.
Plus, save 3¢/L on gas at Petro-Canada and earn 20% more points when you pay with a linked RBC card
Frequent Asked Questions about credit cards
Here are some frequently asked questions in the milesopedia community about credit cards in Canada.
Why choose a credit card with cash back?
For every dollar you spend, your cash back credit card gives you a discount that can range from 0.5% to 10%! That’s why it’s so important to choose your cash back credit card carefully, because it could save you a lot more than one of its competitors.
Here are some great cash-back credit cards in Canada:
When would I receive my credit card cash back?
Depending on the financial institution, your cashback will either be deposited in your bank account or applied to your credit card statement. Different institutions, different conditions that will influence your choice.
Some banks offer annual rebates, others monthly, and still others at any time once a minimum rebate amount of $10 to $25 has been reached.
Check out this guide to get your cash back with BMO.
Why choose a cash back credit card with an annual fee?
An annual fee comes with benefits. Depending on the offer, you’ll find: a welcome bonus, a higher percentage of discounts, no or lower limits on eligible purchases, better insurance and certain benefits, for example in the hotel sector. This is the case, for example, with the CIBC Dividend® Visa Infinite* Card..
Compare cards to match your lifestyle.
Is it worthwhile to pay some interest fess on a cash back credit card?
As with other types of credit card, to take advantage of the benefits, you must reset the balance to 0 each month. No cashback could offset the interest costs incurred.
What's the best credit card in Canada?
There are over 200 credit cards in Canada. There is no “one best credit card” in Canada.
Several credit cards can match your needs: