Best Grocery Credit Cards Canada

American Express Cobalt™ Card

• Earning Rate: Earn 5X Membership Rewards points on restaurant and grocery purchases in Canada, 3X on streaming subscriptions, 2X on gas and transit in Canada and on travel, and 1X on everything else.
• Main Highlights: High earning rates combined with the ability to transfer points to 8 partners including Air Canada, Delta Airlines, British Airways, and Marriott Bonvoy.
• Intro Bonus: In your first year as a new Cobalt Cardmember, you can earn 2,500 Membership Rewards® points for each monthly billing period in which you spend $500 in purchases on your Card. This could add up to 30,000 points in a year.
• Annual Fee: $12.99 per month ($155.88 annually)
• Summary: The AMEX Cobalt is one of the best travel rewards credit cards in Canada due to it's high earnings on gas and grocery combined with the fact that points are worth as much as 2 cents each (or more) when redeemed for travel. This is the best card to have if you're looking for flexible rewards and it's the best travel card if you spend heavy in grocery/restaurant combined (as in $1k+ month).
• Calculate Card Value & AMEX points per dollar spent for the American Express Cobalt Card.

National Bank World Elite® Mastercard®

• Earning Rate: Earn 5X points on the first $2,500 in monthly grocery and restaurant purchases (then 2X), 2X points on gas, electric vehicle charging, recurring bill payments, and À la carte Travel purchases, and 1X on all other purchases.
• Annual Credits: $150 in travel-fee refunds
• Main Highlights: National Bank VIP Lounge access (Montreal-Trudeau) and top-notch travel insurance.
• Intro Bonus: Earn up to 70,000 points. Earn 30,000 points when you spend $5,000 or more in the card within three months of opening, 10,000 points when you sign up for the Mastercard credit card payment insurance for a period of 3 months, and 30,000 points on the first anniversary if you spend $12,000 or more within the first 12 months of opening the account. Ends June 30, 2023.
• Annual Fee: $0 the first year, then $150
• Summary: The NBC World Elite Mastercard offers high earning rates across several everyday categories including 5X on grocery which is a 5% return when booking travel through NBC's À la carte Travel™ Agency. You'll also be able to enjoy superb travel insurance including trip cancellation and trip interruption insurance.
• Learn More about the National Bank World Elite Mastercard.
• Calculate Card Value & NBC Rewards Points per dollar spent for the National Bank World Elite Mastercard.

Scotiabank Gold American Express® Card

• Earning Rate: Earn 6X Scene+ points at participating grocers, 5X in Canada on dining, food delivery, entertainment, and other eligible grocery stores, 3X in Canada on gas, daily transit, and select streaming services, and 1X on everything else.
• Main Highlights: Airport Lounge access via Priority Pass, No Foreign Transaction Fees on international purchases, and top-notch travel insurance.
• Annual Fee: $120
• Summary: If you plan on traveling internationally or making international purchases, you can't beat the 0% foreign transaction fee of the Scotiabank Gold AMEX. On top of that, you'll earn a high return on your spending in Canada across everyday categories.
• Calculate Card Value & Scene+ Points per dollar spent for the Scotiabank Gold American Express Card.

BMO CashBack® Mastercard®

• Earning Rate: Earn 3% cash back on grocery (up to $500 per statement cycle, then 0.5%), 1% back on recurring bill payments (up to $500 per statement cycle, then 0.5%), and 0.5% back on all other purchases.
• Main Highlights: No annual fee and no minimum income requirements.
• Annual Fee: $0
• Summary: This is the best no annual fee credit card for grocery that has no minimum income requirements. If you spend about $500 a month on grocery, you can rake in an easy $180 in cash back per year with this card.
• Calculate Card Value & Cash Back per dollar spent for the BMO CashBack Mastercard.

Scotia Momentum® Visa Infinite Card

• Earning Rate: Earn 4% back on grocery, recurring bill payments, and subscription purchases (up to $25,000/year in combined purchases), 2% back on gas and daily transit purchases (up to $25,000/year in combined purchases), and 1% back on all other purchases.
• Main Highlights: High caps and Visa Infinite benefits
• Annual Fee: $120
• Summary: If you spend heavy in grocery (combined with recurring bill payments and subscriptions), you can squeeze a lot of cash back out of this card. The extra travel benefits and insurance that comes with the card makes it even better.
• Calculate Card Value & Cash Back per dollar spent for the Scotia Momentum Visa Infinite Card.

Tangerine Money-Back Credit Card

• Earning Rate: Earn 2% Money-Back on up to two select categories of your choice and 0.5% on all other purchases. Choose a 3rd 2% Money-Back category if you deposit rewards into a Tangerine Savings account.
• Main Highlights: Unlimited 2% Money-Back, rewards paid out monthly, and low income requirement.
• Intro Bonus: Get 10% back, up to $100, when you spend up to $1,000 in your first 2 months.
• Annual Fee: $0.
• Summary: You can earn an uncapped 2% Money-Back on grocery and another category of your choice. You'll also receive your rewards monthly which is a big plus if you don't want to wait the entire year for hard earned cash back.
• Learn More about the Tangerine Money-Back Credit Card.
• Calculate Card Value & Cash Back per dollar spent for the Tangerine Money-Back Credit Card.

PC Financial World Elite Mastercard®

• Earning Rate: Earn 30X points with Loblaw Companies and PC Travel and 10X points everything else.
• Main Highlights: Bonus points with Esso and Mobil.
• Annual Fee: $0
• Summary: If you shop at Loblaws and any of the many other companies under that umbrella, it will be best to own this card. It earns an excellent return on your spend and you can use these points to shave money off your bill.
• Calculate Card Value & PC Optimum Points per dollar spent for the PC Financial World Elite Mastercard.

Best Credit Cards For Groceries Summary