Compare the top cash back credit cards. Earn 1–5% back on groceries, gas, restaurants, and everyday purchases.
It comes with a welcome bonus of 480 pts. You earn 5x on groceries and 1x at restaurants. Estimated first-year value is $1,140.
Annual Fee
$120
Rewards rate
1x
Cashback
Welcome Bonus
480 pts
1st Year Value
$1,140
It comes with a welcome bonus of 350 pts. You earn 3x on groceries and 1x at restaurants. Estimated first-year value is $969.
Annual Fee
$139
Rewards rate
1x
Cashback
Welcome Bonus
350 pts
1st Year Value
$969
The Scotia Momentum® Visa Infinite +* Card offers the first year free (regular fee $120/yr). It comes with a welcome bonus of 300 pts. You earn 4x on groceries and 1x at restaurants. Estimated first-year value is $948.
Annual Fee
$120 $0
Rewards rate
1x
Cash Back
Welcome Bonus
300 pts
1st Year Value
$948
It comes with a welcome bonus of 300 pts. You earn 4x on groceries and 2x at restaurants. Estimated first-year value is $931.
Annual Fee
$120
Rewards rate
1x
Cashback
Welcome Bonus
300 pts
1st Year Value
$931
It comes with a welcome bonus of 300 pts. You earn 3x on groceries and 2x at restaurants. Estimated first-year value is $862.
Annual Fee
$99
Rewards rate
1x
Cashback
Welcome Bonus
300 pts
1st Year Value
$862
It comes with a welcome bonus of 250 pts. You earn 4x on groceries and 2x at restaurants. Estimated first-year value is $778.
Annual Fee
$120
Rewards rate
2x
Cashback
Welcome Bonus
250 pts
1st Year Value
$778
You earn 2x on groceries and 2x at restaurants. Estimated first-year value is $480.
Annual Fee
$240
Rewards rate
2x
Cashback
Welcome Bonus
—
1st Year Value
$480
You earn 3x on groceries and 1x at restaurants. Estimated first-year value is $473.
Annual Fee
$120
Rewards rate
1x
Cashback
Welcome Bonus
—
1st Year Value
$473
The SimplyCash® Card from American Express has no annual fee, making it risk-free to hold. It comes with a welcome bonus of 100 pts. You earn 2x on groceries and 1.25x at restaurants. Estimated first-year value is $463.
Annual Fee
$0
Rewards rate
1.25x
Cashback
Welcome Bonus
100 pts
1st Year Value
$463
The Simplii Financial™ Cash Back Visa* Card has no annual fee, making it risk-free to hold. It comes with a welcome bonus of 100 pts. You earn 1.5x on groceries and 4x at restaurants. Estimated first-year value is $407.
Annual Fee
$0
Rewards rate
0.5x
Cashback
Welcome Bonus
100 pts
1st Year Value
$407
Complete Guide
Compare the top cash back credit cards. Earn 1–5% back on groceries, gas, restaurants, and everyday purchases.
Cash back credit cards are the simplest way to earn rewards — you get a percentage of every purchase back as a statement credit or cheque. No points to track, no programs to learn, no blackout dates.
Most cards offer tiered rates: higher cash back (2–5%) on specific categories like groceries and gas, and a base rate (0.5–1%) on everything else. Some cards offer a flat rate on all purchases, which is simpler but usually lower.
Cash back is ideal if you don't travel frequently, prefer simplicity, or want guaranteed value on every dollar spent. Unlike points that fluctuate in value, cash back is always worth exactly what it says.
63
Cards analyzed
May 2026
Last updated
100%
Independent
Our team evaluates credit cards based on overall consumer value: rewards earning rates, annual fees, welcome bonuses, insurance coverage, and additional perks. Cards are ranked by estimated first-year value. We update our picks monthly.
FAQ
Some cards offer up to 5% on groceries (Amex Cobalt via points equivalent) or 4% on gas and groceries (Scotia Momentum Visa Infinite). Most no-fee cards offer 1–2%.
Cash back is simpler and offers guaranteed value. Travel rewards can be worth 2–5x more per point when redeemed for flights, but require more effort to maximize.
Many are. The BMO CashBack Mastercard and Tangerine Money-Back offer cash back with no annual fee. Premium cash back cards ($99–$120/yr) offer higher rates.
Compare the best credit cards in Canada or calculate which card's rewards actually fit your budget.
Travel
No Fee
Students
Groceries
Restaurants
No FX Fee
1st Yr Free
Balance Transfer
Lounges
Aeroplan
PC Optimum
Scene+
Amex Membership Rewards
CIBC Aventura
RBC Avion
BMO Rewards
TD Rewards
WestJet Rewards
Marriott Bonvoy
RBC
CIBC
Scotiabank
BMO
American Express
TD
MBNA
National Bank
Neo Financial
Capital One
Desjardins
Tangerine
Rogers Bank
Laurentian Bank
Visa
Mastercard
Amex (network)
