Canada Cash Back Credit Cards & Rewards Calculators

Cash Back Credit Card Calculators
View the list of top cash back credit cards in Canada, calculate how much you can earn based on spend, and compare card results side by side.
By R.Flowers III

Cash back is the most flexible of the reward types when compared to points and miles. It can be redeemed for just about anything and will generally be the best option if you want to use your rewards for more than just travel.

With cash back rewards, the rewards you earn are worth face value so there's no worrying about transferring rewards to partners or researching which redemptions will give you the most value. You will also never have to worry about devaluations like you would when earning points and miles.

The only real drawback to cash back rewards comes mainly from redemptions that revolve around travel. While the value of points and miles vary by program, they will typically outshine most cash back cards when it comes to redeeming rewards for airfare and hotels.

This especially holds true for travel rewards programs that allow you to transfer your rewards directly to frequent flyer and hotel loyalty programs. So if you're looking to earn rewards towards travel, you'll want to check out travel rewards credit cards.

You can click on any of the credit cards listed on this page to calculate how much cash back you can earn based on the monthly and yearly spend amounts you enter. Results can be compared side by side up to two credit cards from any issuer.

Tangerine Credit Cards

Credit Card Benefits Annual Fee
  • Intro Bonus: Earn 15% Back
  • Earn unlimited 2% Money-Back Rewards on your everyday purchases in two categories of your choice
  • Get your rewards deposited into your Tangerine Savings account and get a 3rd 2% Money-Back category
  • Money-Back Rewards are earned automatically on everyday purchases and paid monthly
  • No fee to add additional authorized users
  • Purchase Assurance and Extended Warranty
$0
  • Intro Bonus: Earn 15% Back
  • Earn unlimited 2% Money-Back Rewards on your everyday purchases in two categories of your choice
  • Get your rewards deposited into your Tangerine Savings account and get a 3rd 2% Money-Back category
  • Airport lounge access
  • Mastercard® Travel Rewards
  • On-Demand and subscription services
  • Boingo Wi-Fi for Mastercard®
  • Rental car collision/loss damage insurance
  • Mobile device insurance
$0

National Bank of Canada Credit Cards

Credit Card Benefits Annual Fee
Best For Online Purchases
  • Earn 1.5% back on gas, grocery, and online purchases, on up to $25,000 in annual spend
  • Earn 1% back on all other purchases
  • Purchase protection and extended warranty
$30
  • Earn 1% cash back on restaurant and pre-authorized payment purchases
  • Earn 0.5% cash back on all other card purchases
  • Mobile device insurance
  • Purchase protection and extended warranty
$0

American Express Credit Cards

Credit Card Benefits Annual Fee
Best For Flat-Rate Cash Back
  • 4% back on gas station purchases in Canada
  • 4% back on grocery purchases in Canada, up to $1,200 cash back annually
  • Unlimited 2% back on all other card purchases
$9.99 per month ($119.88 annually)
Best No Fee Card For Flat-Rate Cash Back
  • 2% back on gas station purchases in Canada
  • 2% back on grocery purchases in Canada, up to $300 cash back annually
  • Unlimited 1.25% back on all other card purchases
No annual fee

BMO Credit Cards

Credit Card Benefits Annual Fee
  • Earn 5% back on groceries
  • Earn 4% back on transit, including ride sharing, taxis, and public transportation
  • Earn 3% back on gas and electric vehicle charging
  • Earn 2% back on recurring bills
  • Earn an unlimited 1% back on all other purchases
  • Airport lounge access
$120
  • Earn 3% cash back on grocery purchases
  • Earn 1% cash back on recurring bill payments
  • Earn an unlimited 0.5% back on all other purchases
$0

Capital One Credit Cards

Credit Card Benefits Annual Fee
  • Earn an unlimited 1% cash back on all purchases
  • Travel and shopping insurance
$0

CIBC

Credit Card Benefits Annual Fee
  • Earn 4% cash back on gas and groceries
  • Earn 2% cash back on transportation, dining and recurring payments
  • Earn 1% cash back on everything else
  • Visa Infinite benefits
$120 (first year rebated)
  • Earn 3% cash back on gas and groceries
  • Earn 2% cash back on transportation, dining and recurring payments
  • Earn 1% cash back on all other purchases
$99
  • Earn 2% cash back on groceries
  • Earn 1% cash back on gas, transportation, dining, and recurring payments
  • Earn 0.5% cash back on everything else
$0

Desjardins

Credit Card Benefits Annual Fee
  • Earn 4% back in BONUSDOLLARS on restaurant, entertainment, and alternative transportation purchases
  • Earn 3% back in BONUSDOLLARS on groceries and travel
  • Earn 1.75% back in BONUSDOLLARS on all other purchases
  • Desjardins Odyssey Lounge passes
  • Get comprehensive travel insurance for up to 60 consecutive days
$295 ($395 for non-members)
  • Earn 3% back in BONUSDOLLARS on grocery purchases
  • Earn 2% back in BONUSDOLLARS on restaurant, entertainment, and alternative transportation purchases
  • Earn 1.5% back in BONUSDOLLARS on other purchases
  • Airport lounge access
  • Get comprehensive travel insurance for up to 60 consecutive days
$130
  • Earn 2% back in BONUSDOLLARS on restaurant, entertainment, alternative transportation, and pre-authorized payments purchases
  • Earn 1% back in BONUSDOLLARS on all other purchases
  • Get comprehensive travel insurance for up to 60 consecutive days
  • Get 50% off the regular admission fee for the Desjardins Odyssey Lounge
$110
  • Earn 2% back in BONUSDOLLARS on restaurant, entertainment, public transportation, and pre-authorized payments
  • Earn 0.5% back in BONUSDOLLARS on all other purchases
  • Mobile device insurance
  • Free travel insurance for up to 3 days
$0
  • Earn 4% cash back on grocery store purchases
  • Earn 3% cash back on restaurant, entertainment, and alternative transportation purchases
  • Earn 1% cash back on all other purchases
  • Airport lounge access
  • Free travel insurance for up to 3 days
$100
  • Earn 2% cash back on restaurant, entertainment, alternative transportation, and pre-authorized payments
  • Earn 0.5% cash back on all other card purchases
  • Free travel insurance for up to 3 days
$0

Home Trust

Credit Card Benefits Annual Fee
  • Earn 1% cash back on all purchases.
  • No annual fee and no foreign transaction fees.
$0

Laurentian Bank

Credit Card Benefits Annual Fee
  • Earn 3% back on pre-authorized debits made to the card.
  • Earn 2% back on grocery and gas station purchases.
  • Earn 1% back on all other purchases made to the card.
$65

MBNA

Credit Card Benefits Annual Fee
  • Earn 2% cash back on gas station and grocery purchases.
  • Earn 1% cash back on all other purchases.
  • Price protection
$39
  • Earn 2% cash back on gas station and grocery purchases.
  • Earn 0.5% cash back on all other purchases.
$0

Rogers

Credit Card Benefits Annual Fee
  • Earn an unlimited 1.5% cash back on all eligible regular purchases
  • Earn an unlimited 3% cash back on all eligible purchases made in U.S. dollars
  • Airport lounge access
  • Travel and purchase insurance
$0
  • Earn an unlimited 1% cash back on non-U.S. dollar purchases
  • Earn an unlimited 2% cash back on U.S. dollar purchases
  • 5 Roam Like Home Days at no additional cost every year
  • 30% redemption bonus on Rogers purchases
$0 the first year, then $29.
  • Earn 1.5% cash back on recurring payments made to the card, including your Fido Bill
  • Earn 1% cash back on all other card purchases
$0

Scotiabank

Credit Card Benefits Annual Fee
  • Earn 4% cash back for every $1 you spend on grocery store purchases, recurring bill payments, and subscription purchases
  • Earn 2% cash back for every $1 you spend on gas purchases and daily transit purchases
  • Visa Infinite benefits
  • Discounts with Avis and Budget
  • Comprehensive travel insurance and new mobile device insurance
$120
  • Earn 2% cash back for every $1 you spend on all eligible gas stations, grocery store, drug store purchases and recurring bill payments
  • Earn 1% cash back on all other eligible purchases
  • Discounts with Avis and Budget
$39
  • Earn 1% cash back on all eligible gas stations, grocery stores, drug stores purchases and recurring payments
  • Earn 0.5% cash back on all other eligible purchases
  • Discounts with Avis and Budget
$0
  • Earn 3% cash back on eligible gas station, restaurant and office supply store purchases, and on eligible recurring bill payments
  • Earn 1% cash back on all other everyday purchases for your business
$79

Simplii Financial

Credit Card Benefits Annual Fee
Best For Restaurants & Dining
  • Earn 4% cash back on eligible restaurant, bar and coffee shop purchases, up to $5,000 per year.
  • Earn 1.5% cash back on eligible gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 per year.
  • Earn 0.5% cash back on all other purchases.
$0

TD Bank

Credit Card Benefits Annual Fee
  • Earn 3% in Cash Back Dollars on eligible grocery and gas purchases, and on regularly recurring bill payments set up on the account
  • Earn 1% in Cash Back Dollars on all other card purchases
  • Visa Infinite benefits
  • Avis and Budget discounts
$139
  • Earn 1% in cash back dollars on eligible grocery and gas purchases, and on regularly recurring bill payments set up on the account
  • Earn 0.5% in cash back dollars on all other purchases
  • Avis and Budget discounts
$0
  • Earn 2% in Cash Back Dollars on eligible office supply and gas purchases, and on regularly recurring bill payments set up on the account.
  • Earn 0.5% in Cash Back Dollars on all other purchases made to the card.
  • Avis and Budget discounts
  • Save up to 25% on business purchases with Visa SavingsEdge.
$0

Specialty Calculators

1% Cash Back Calculator
1.5% Cash Back Calculator
2% Cash Back Calculator
3% Cash Back Calculator
4% Cash Back Calculator
5% Cash Back Calculator
10% Cash Back Calculator

Cash Back Calculator

Input your monthly and yearly spend amounts into our Canada credit card cash back calculator to find out which cards will earn you the most.

Results will be sorted by net return. This is calculated by taking the cash back earned, adding the average value of card benefits, and subtracting any annual fees the card has.

Results will consist of top-rated credit cards in Canada that earns cash back.

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Find out which credit cards will offer you the most value based on the spend amounts you entered

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Results

These estimates are to help guide you towards making the best decision when it comes to picking up a rewards credit card. They should be used for illustrative purposes only. You can click on the estimated earnings to see the calculations or click on the card to learn more.

Do note that all spend amounts entered into the tool above will carry over to every credit card rewards calculator on the site, so there's no need to re-enter spend if you choose to dive deeper into calculating rewards for credit cards on the site.

Calculate Total Rewards & Card Value Per $1 Spent For 100+ Canada Credit Cards
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