Best Cash Back Credit Cards in Canada

Top 6 Cash Back Credit Cards for Canadians

Annual fees and earn rates current as of 2026. Always confirm terms with the issuer before applying.

• 1
  American Express SimplyCash Preferred Card

  4% cash back on groceries and gas (up to $300 back per year on each), 2% on everything else with no cap. Straightforward earn structure with no rotating categories. A strong pick for households with high grocery and fuel spending.
  $99/yr
• 2
  Scotia Momentum Visa Infinite

  4% cash back on grocery and recurring bill payments, 2% on gas and daily transit, 1% everywhere else. The recurring bills category is unique and valuable — most Canadian households have several monthly subscriptions that qualify.
  $120/yr
• 3
  BMO Cashback World Elite Mastercard

  5% on groceries, 4% on transit, 3% on gas and EV charging, 2% on recurring bills, 1% on everything else. Highest grocery earn rate of any major Canadian cash back card. Redeem any time with a $1 minimum — no annual payout waiting period.
  $120/yr
• 4
  Tangerine Money-Back Credit Card

  2% cash back on up to three categories of your choice (groceries, gas, restaurants, drugstores, entertainment, and more), 0.5% on everything else. No annual fee. Ideal for those who want flexibility without paying a yearly fee.
  No annual fee
• 5
  Rogers Red Mastercard

  3% unlimited cash back on all US dollar purchases, 1.5% on everything else in Canadian dollars. No annual fee. The 3% USD rate effectively eliminates the 2.5% foreign transaction fee and adds a small gain — an exceptional card for online USD spending and cross-border shopping.
  No annual fee
• 6
  TD Cash Back Visa Infinite

  3% cash back on groceries, gas, and recurring bill payments. 1% on all other purchases. Includes a comprehensive insurance package — emergency travel medical, auto rental collision, and purchase protection — making it competitive beyond just the earn rate.
  $139/yr