Here are the best cash back credit cards offers in Canada not to be missed right now!
SimplyCash Preferred from American Express
The SimplyCash™ Preferred from American Express is the only credit card in Canada offering 2% cash back on all purchases. And there’s no limit to how much cash back you can earn!
Besides, with this welcome offer, you earn 10% cashback in your first 4 months (up to $400 cash back).
This Card stands out for its premium insurance: Car Rental Theft and Damage, $100,000 travel accident, Emergency medical insurance (outside the province or country), Lost or Stolen Baggage, Flight delay insurance and misdirected baggage, Hotel or motel burglary, Purchase Protection® Plan, Buyer’s Assurance® Protection Plan.
BMO® AIR MILES® World Elite®* Mastercard®*
With this exclusive offer for the BMO® AIR MILES® World Elite®* Mastercard®*, you can earn 3,000 AIR MILES Bonus Miles after $3,000 in Card purchases, representing a $310 cash value. Besides, the $120 annual fee is waived in the first year!
With this card, you earn 1 reward mile for every $10 spent, including at Costco .
Starting in May 2021, you’ll earn 3 miles for every $12 spent at participating AIR MILES Partners. And a 1 mile for every $12 spent everywhere else.
And it’s the only AIR MILES credit card in Canada to offer a 15% discount on AIR MILES flights within North America with no blackout periods.
The BMO® AIR MILES® World Elite®* Mastercard®* card also offers:
- Premium insurance for your travels or purchases
- Double the miles for car rentals with National or Alamo
- Concierge services
NBC World Elite Mastercard
For a limited time, you can get a $300 cashback after $4,000 spending in the first three months.
You can earn up to 2 points per dollar in card purchases, including at Costco.
Besides, you get up to $250 in travel credits per calendar year:
- Airport parking: $100
- Baggage fees: $100
- Seat selection: $50
The National Bank’s World Elite Mastercard®is a credit card to keep, year after year, for several reasons:
- it has one of the best travel and purchases credit card insurance on the market
- up to $250 travel credit per year
- Unlimited access to the National Bank Lounge at Montreal-Trudeau airport
BMO® CashBack® World Elite®* Mastercard®*
Currently, you will get 10% cash back on all your purchases during the first 3 months for a limited time. and you won’t have any annual fees the first year!
With the BMO® CashBack® World Elite®* Mastercard®*, you get 1.5% on all your purchases, Costco included, with no annual limit.
Starting in May 2021, you’ll earn between 2% and 5% cash back for many spending categories with the BMO® CashBack® World Elite®* Mastercard®*:
- 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)
Beyond the monthly limits mentioned, you’ll earn 1% cash back.
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 Card, you earn:
- 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
Currently, you will get 10% cash back for the first 4 statements on total purchases of up to $2,000. And you’ll get a first-year annual fee rebate (a $120 value)!
And this card has comprehensive insurance:
- 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
Scotia Momentum® VISA Infinite* card
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% cash back on groceries and recurring bills
- 2% cash back on gas and transit
- 1% cash back on everything else
And this card has outstanding insurance.
SimplyCash™ from American Express
Would you like a cashback credit card with no-annual-fee and a high earning rate on all your purchases? Here is an option for you: SimplyCash™ from American Express.
With this Card, you earn a 1.25% cashback on all purchases.
Besides, during the first 6 months, you can get a 2.5% cash back, up to $150, with the SimplyCash™ from American Express.
And you’ll get insurance with it: $100,000 travel accident insurance, Purchase Protection® Plan, Buyer’s Assurance® Protection Plan.
NBC Allure Mastercard
Support the Quebec Breast Cancer Foundation’s cause by becoming an NBC Allure Mastercard credit cardholder with this exclusive offer!
For a limited time, National Bank is running an exclusive offer for milesopedia readers: $150 cash back after $1,500 in Card purchases during the first three months for this no-fee credit card. That’s a 10% return on your first $1,500 in purchases!
For every $2 in purchases charged to your NBC Allure Mastercard account, you earn 1 point. Once a year, in January, you earn a $10 cash back for every 1,000 points you’ve earned.
And for every $10 you spend with your card, the National Bank of Canada donates 10 cents to the Quebec Breast Cancer Foundation! It can be as much as $750,000 per year for all cardholders!
For example, if you charge $1,000/month to your card, National Bank will donate $10/month to the foundation, or $120/year. Take advantage of this exclusive offer and help support the Foundation’s actions!
BMO® AIR MILES® MasterCard®
With this exclusive offer for the BMO® AIR MILES® Mastercard®*, you earn 1,500 AIR MILES Bonus Miles after $1,000 in Card purchases, representing a $150 cash value. Besides, it’s a no-annual-fee credit card.
With the BMO® AIR MILES® Mastercard®*, you get 3x the Miles for every $25 spent at participating AIR MILES Partners. And 1 mile for every $25 you spend, Costco included.
You can also get a 1.99% introductory interest rate on Balance Transfers for 9 months (1% fee applies to balance amounts transferred).
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.