Canada Cash Back Credit Cards: List & Reward Calculators

Calculate & Compare Cash Back Rewards
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.

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 Bank

Tangerine Bank offers two cash back credit cards consisting of a Mastercard and a World Mastercard with the World Mastercard offering additional travel and purchase benefits.

Both cards earn unlimited 2% cash back on two categories of your choice with the ability to earn 2% cash back on a third category when you have your rewards deposited into a Tangerine Bank Savings Account.

Cash back earned with Tangerine Bank paid out MONTHLY. With most major programs offering your rewards once per year, this is a big benefit if you want to be consistently rewarded for your spending.

Best For Travel Benefits & Uncapped Cash Back

Tangerine World Mastercard®
Tangerine World Mastercard®
Annual Fee: $0
Rewards Rate
2%
Earn 2% Money-Back Rewards on your everyday purchases in two 2% Money-Back Categories of your choice
2%
Get your Rewards deposited into your Tangerine Savings Account and get a 3rd 2% Money-Back Category.
0.5%
Earn 0.5% Money-Back Rewards on all other purchases.
Earn 10% Back
Apply for a Tangerine World Mastercard® and earn 10% back on up to $1,000 in everyday purchases made within your first 2 months. That's up to $100 back in your pocket!

Best For Uncapped Cash Back

Annual Fee: $0
Rewards Rate
2%
Earn 2% Money-Back Rewards on your everyday purchases in two 2% Money-Back Categories of your choice
2%
Get your Rewards deposited into your Tangerine Savings Account and get a 3rd 2% Money-Back Category.
0.5%
Earn 0.5% Money-Back Rewards on all other purchases.
Earn 10% Back
Apply for a Tangerine Money-Back Credit Card and earn 10% back on up to $1,000 in everyday purchases made within your first 2 months. That's up to $100 back in your pocket!

American Express

  • Best For: Unlimited flat-rate cash back on all purchases
  • Annual Fee Range: $0 - $99
SimplyCash™ Preferred Card from American Express
SimplyCash™ Preferred Card from American Express
Annual Fee: $99
Rewards Rate
2%
Earn an unlimited 2% cash back on all purchases
SimplyCash™ Card from American Express
SimplyCash™ Card from American Express
Annual Fee: $0
Rewards Rate
1.25%
Earn an unlimited 1.25% cash back on all purchases

BMO

  • Best For: Grocery and transit purchases
  • Annual Fee Range: $0 - $120
BMO CashBack® World Elite® Mastercard®
BMO CashBack® World Elite® Mastercard®
Annual Fee: $120
Rewards Rate
5%
Earn 5% back on groceries
4%
Earn 4% back on transit including ride sharing, taxis, and public transportation
3%
Earn 3% back on gas including electric vehicle charging
2%
Earn 2% back on recurring bills like your phone bill, gym membership, and favorite streaming services
1%
Earn 1% back on all other purchases
BMO CashBack® Mastercard®
BMO CashBack® Mastercard®
Annual Fee: $0
Rewards Rate
3%
Earn 3% cash back on grocery purchases
1%
Earn 1% cash back on recurring bill payments such as streaming services, subscriptions or monthly utilities
0.5%
Earn 0.5% cash back on all other purchases

CIBC

  • Best For: Grocery and gas purchases
  • Annual Fee Range: $0 - $120
CIBC Dividend® Visa Infinite Card
CIBC Dividend® Visa Infinite Card
Annual Fee: $120 (first year rebated)
Rewards Rate
4%
Earn 4% cash back on eligible gas and groceries
2%
Earn 2% cash back on eligible transportation, dining and recurring payments
1%
Earn 1% cash back on all other eligible purchases
CIBC Dividend Platinum® Visa Card
CIBC Dividend Platinum® Visa Card
Annual Fee: $99 (first year rebated)
Rewards Rate
3%
Earn 3% cash back on eligible gas and groceries
2%
Earn 2% cash back on eligible transportation, dining and recurring payments
1%
Earn 1% cash back on all other eligible purchases
CIBC Dividend® Visa Card
CIBC Dividend® Visa Card
Annual Fee: $0
Rewards Rate
2%
Earn 2% cash back on eligible groceries
1%
Earn 1% cash back on eligible gas, transportation, dining and recurring payments
0.5%
Earn 0.5% cash back on all other eligible payments

Desjardins

  • Best For: Grocery, restaurant, entertainment, and transit purchases
  • Annual Fee Range: $0 - $395 ($295 for members)
Odyssey® Visa Infinite Privilege card
Odyssey® Visa Infinite Privilege card
Annual Fee: $295 ($395 for non-members
Rewards Rate
4%
Earn 4% in BONUSDOLLARS on restaurant, entertainment, and public transportation purchases
3%
Earn 3% in BONUSDOLLARS on grocery and travel purchases
1.75%
Earn 1.75% in BONUSDOLLARS on all other purchases
Odyssey® World Elite® Mastercard®
Odyssey® World Elite® Mastercard®
Annual Fee: $130
Rewards Rate
3%
Earn 3% in BONUSDOLLARS on grocery purchases
2%
Earn 2% in BONUSDOLLARS on restaurant, entertainment, and public transportation purchases
1.5%
Earn 1.5% in BONUSDOLLARS on all other purchases
Cash Back World Elite® Mastercard®
Cash Back World Elite® Mastercard®
Annual Fee: $100
Rewards Rate
4%
Earn 4% cash back on grocery store purchases
3%
Earn 3% cash back on restaurant, entertainment, and public transportation purchases
1%
Earn 1% cash back on all other purchases
Odyssey® Gold Visa
Odyssey® Gold Visa
Review & BONUSDOLLARS Calculator
Bonus Visa credit card
Bonus Visa credit card
Review & BONUSDOLLARS Calculator
Cash Back Visa/Mastercard credit card
Cash Back Visa/Mastercard credit card
Review & Cash Back Calculator

Scotiabank

  • Best For: Grocery, gas, and recurring bill payments
  • Annual Fee Range: $0 - $120
Scotia Momentum® Visa Infinite Card
Scotia Momentum® Visa Infinite Card
Annual Fee: $120
Rewards Rate
4%
Earn 4% for every $1 you spend on grocery store purchases, recurring bill payments, and subscription purchases.
2%
Earn 2% for every $1 you spend on gas purchases and daily transit purchases.
1%
Earn 1% cash back on all other purchases with no cash back limit.
Scotia Momentum® Visa Card
Scotia Momentum® Visa Card
Review & Cash Back Calculator
Scotia Momentum® No-Fee Visa Card
Scotia Momentum® No-Fee Visa Card
Review & Cash Back Calculator
Scotia Momentum® for Business Visa Credit Card
Scotia Momentum® for Business Visa Credit Card
Review & Cash Back Calculator

Simplii Financial

  • Best For: Restaurant purchases
  • Annual Fee Range: $0
Simplii Financial™ Cash Back Visa Card
Simplii Financial™ Cash Back Visa Card
Annual Fee: $0
Rewards Rate
4%
Earn 4% cash back on eligible restaurant, bar and coffee shop purchases, up to $5,000 per year.
1.5%
Earn 1.5% cash back on on eligible gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 per year.
0.5%
Earn 0.5% cash back on all other credit card purchases with no limit on how much you can earn.

TD Bank

  • Best For: Grocery, gas, and recurring bill payments
  • Annual Fee Range: $0 - $120
TD Cash Back Visa Infinite Card
TD Cash Back Visa Infinite Card
Annual Fee: $120
Rewards Rate
3%
Earn 3% in Cash Back Dollars on eligible grocery Purchases and gas Purchases, and on regularly recurring bill payments set up on your account.
1%
Earn 1% Cash Back Dollars on all other Purchases made with your Card
TD Cash Back Visa Card
TD Cash Back Visa Card
Review & Cash Back Calculator
TD Business Cash Back Visa Card
TD Business Cash Back Visa Card
Review & Cash Back Calculator

Other Cash Back Credit Cards

Capital One Aspire Cash Platinum Mastercard
Capital One Aspire Cash Platinum Mastercard
Review & Cash Back Calculator
Laurentian Bank Visa DOLLARS card
Laurentian Bank Visa DOLLARS card
Review & Cash Back DOLLARS Calculator
MBNA Smart Cash World Mastercard®
MBNA Smart Cash World Mastercard®
Review & Cash Back Calculator
MBNA Smart Cash Platinum Plus® Mastercard®
MBNA Smart Cash Platinum Plus® Mastercard®
Review & Cash Back Calculator
Rogers™ World Elite® Mastercard®
Rogers™ World Elite® Mastercard®
Review & Cash Back Calculator
Rogers™ Platinum Mastercard®
Rogers™ Platinum Mastercard®
Review & Cash Back Calculator
Fido™ Mastercard®
Fido™ Mastercard®
Review & Cash Back Calculator

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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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.

All spend entered in the fields above will carry over to every credit card rewards calculator on the site so there's no need to re-enter spend.