Best Cash Back Credit Cards in Canada - October 2026

Get 15% cash back on all purchases (up to $2,000 in total purchases) for the first three months¹. 0% introductory rate on balance transfers for the first 12 months (2% cash advance fee, thereafter: 22.99%)¹.

• Pay no annual fee in the first year, including on additional cards¹
• 4% for every $1 you spend on grocery store purchases, recurring bill payments and subscription purchases.
• 2% for every dollar spent on gas and daily transit purchases
• 1% cash back on all other purchases with no cashback limit
• Visa Infinite* Concierge Services
• Visa Infinite* Hotel Collection
• Visa Infinite* Dining and Wine Country Program
• Comprehensive Travel Insurance & New Mobile Device Insurance coverage
• New 2% Cash Back earn category: You will earn 2% on all eligible purchases of Food Delivery¹.
• New Cash Back Anytime feature: Redeem your cash back that you’ve earned whenever you need it, through the Scotia app or Scotia Online ($25.00 minimum redemption)¹.
• Get up to 7¢/L in value on fuel purchases at Shell with your card linked to a Shell Go+ Account (instant discount, cash back and Scene+ points value; the maximum assumes a premium fuel purchase with your Scene+ account also linked to Shell Go+)

Rates, fees and other information are effective as of July 2, 2026. Subject to change.

Welcome offer: Get up to $650 in value and have the $139 annual fee waived for the first year. Plus, get 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*

• Earn more cash back on the categories that mean the most:
  • 5% on groceries*
  • 4% on transit including ride sharing, taxis and public transportation*
  • 3% on gas and electric vehicle charging*
  • 2% on recurring bill payments like your monthly phone bill or favourite streaming service*
  • 1% cash back on all other purchases, with no limit on the amount of cash back you can earn*
• Save up to 20% at National Car Rental^® and Alamo Rent A Car^® locations, and up to 5% at Enterprise Rent-A-Car^® locations worldwide when you book using the vehicle rental tool*
• Purchase protection and extended warranty insurance on most items purchased with the card*
• Complimentary membership in Mastercard Travel Pass provided by DragonPass.*
• Complimentary roadside assistance services, including battery boost, flat tire change, door unlocking and vehicle towing — a value of $75 per year*
• You also benefit from collision damage waiver insurance for rental vehicles and 8-day coverage for medical expenses abroad up to $5 million*
• Shop, eat and relax with our partners to receive offers when you travel and make purchases with your BMO World Elite Mastercard outside Canada*
• Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*

• Get a bonus of 10% cash back on all your purchases during your first 3 months (up to $2,000 in purchases). Plus, get a $50 account credit when you make a purchase in the 13th month. You could accumulate up to $250 in bonus value during your first 13 months.
• Get enhanced earning rates on eligible gas and grocery purchases
• Get 4% cash back on eligible gas purchases in Canada, 4% cash back on eligible grocery purchases in Canada (up to $1,200 cash back per year), and 2% cash back on all other purchases
• Annual Fee: $9.99 per month (totaling $119.88 per year) for residents outside Quebec. $119 per year for residents of Quebec
• Access events and special offers curated for Cardmembers with Amex Experiences^TM
• Benefit from extensive insurance coverage and 24/7 customer service

Apply with confidence!

• See if you’ll be approved before you apply – with no impact to your credit score.*
• When applying for a new card, businesses will typically run a “hard check” of your credit report. A hard credit check can cause a temporary impact to your credit score.
• Unlike many lenders, for American Express’ personal cards, you can see if you will be approved before you apply without impacting your credit score
• A soft credit check is a check into your credit report initiated either by you or a company even if you didn’t apply for credit. It is primarily used to screen for pre-approval financing offers or for a background check
• Available for American Express personal cards, we’ll let you know your eligibility with no impact to your credit score, so you can submit your application with confidence.*

*Instant decisions are only available for Consumer (also known as Personal) Card applications.

Earn up to $600 in total value^†, which includes 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500^† and receive an Annual Fee rebate for the first year^†. Conditions Apply.

• Bonus Eligible Purchases are Grocery, Gas & Electric Vehicle Charging, Public Transit, Recurring Bill Payments, and Streaming, Digital Gaming & Media Purchases, until a total collective spend of $3,500 of such purchases have been made^†.
• Receive 24/7 Roadside Assistance with Free Deluxe TD Auto Club membership^†.
• Get an Annual Fee Rebate for the first year^†.

To receive the first-year Annual Fee rebate for the Primary Cardholder, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the first Additional Cardholder first-year Annual Fee rebate, you must add your first Additional Cardholder while the offer is in effect.

Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer unless otherwise indicated.

• Earn 3% in Cash Back Dollars on Grocery, Gas & Electric Vehicle Charging, Public Transit Purchases^†.
• Earn 3% in Cash Back Dollars on Recurring Bill Payments, and Streaming, Digital Gaming & Media Purchases^†.
• Earn 1% in Cash Back Dollars on all other Purchases^†.
• Redeem your Cash Back Dollars to help pay down your Accounts balance whenever you please – the choice is yours^†!
• Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.

SPECIAL OFFER: Earn 50,000 PC Optimum^™ points when you apply for the no annual fee PC^® World Elite^® Mastercard^® and spend $100 or more at participating stores within 60 days of account approval.

That’s like $50. And you deserve an extra $50.

See terms and conditions** for details.

Rewards to look forward to

• 3% back in points² at our grocery stores³
• At least 3¢ / litre back in points at Esso^™ and Mobil^™4 stations
• 4.5% back in points at Shoppers Drug Mart^® and Pharmaprix^®5
• 3% back in points at Joe Fresh^®2
• 1% back in points on dining, transit and everywhere else²

You’ll love these benefits

• Travel Emergency Medical Insurance: For trips up to 10 days from date of departure, for those under age 65¹⁰.
• Car Rental Collision/ Loss Damage Waiver Insurance: Collision damage and theft coverage for your car rental needs10.
• Identity Theft Assistance Service: To help you avoid identity theft or restore your identity¹⁰.
• Concierge Services: 24/7 concierge service to make dinner reservations, reserve event tickets, deliver gifts and more¹⁰.

Even more benefits you’ll love

• Purchase Assurance: In the event of theft, loss or damage in the first 90 days when you pay in full with your PC^® World Elite^® Mastercard^®6.
• Extended Warranty: Doubles the manufacturer’s regular warranty for up to an additional year on eligible items purchased with your PC^® World Elite^® Mastercard^®6.
• Mastercard Global Service^MC: Mastercard Global Service^MC replaces your card or offers a cash advance in case of emergency⁷.