Are you ready to make your debit card work for you? Having a rewards debit card can help you save money and earn points that can be used for cashback, discounts on products, or travel. In this blog post, we’ll discuss the top five rewards debit cards available in Canada.
Scotiabank Momentum Visa Infinite Debit Card
The Scotiabank Momentum Visa Infinite Debit Card is one of the most popular rewards debit cards in Canada. This card offers up to 4% cash back on all purchases, plus special offers and discounts from partner merchants. The minimum balance required to open an account is $5,000 and there is no fee for using the card. Additionally, the card comes with a variety of travel insurance benefits such as trip cancellation and medical coverage.
More :The 5 Best Cashback Credit Cards in Canada
BMO CashBack World Elite Mastercard Debit Card
The BMO CashBack World Elite Mastercard Debit Card is another great choice for those looking for a rewards debit card in Canada. This card offers up to 5% cash back on all purchases, as well as access to exclusive deals and discounts from partner merchants. There is no annual fee for this card and the minimum balance requirement is $1,500. The BMO CashBack World Elite Mastercard also includes purchase protection, extended warranty coverage, and car rental collision insurance benefits.
CIBC Dividend Unlimited World Elite Mastercard Debit Card
The CIBC Dividend Unlimited World Elite Mastercard Debit Card offers an impressive 4% cash back on everyday purchases made with your card or 1% cash back when you use it abroad. This rewards debit card also features exclusive deals from partner merchants as well as access to a 24/7 concierge service that can help you find flights or hotels at discounted rates. The minimum balance required to open an account is $2,000 and there are no annual fees associated with this card.
More : The Best Balance Transfer Credit Cards in Canada
RBC Avion Visa Platinum Debit Card
The RBC Avion Visa Platinum Debit Card has been awarded top honors by Money Sense Magazine four years in a row! This rewards debit card offers up to 3% cash back on select categories of purchases including groceries, gas stations, drugstores, public transit expenses and recurring payments made with your card each month. There are no blackout dates when redeeming points earned through this reward program either – so you’re free to use them whenever you like! The RBC Avion Visa Platinum also comes with complimentary extended warranty coverage and purchase protection benefits too!
Tangerine Money-Back Credit Card
Last but not least we have the Tangerine Money-Back Credit Card which stands out amongst its competitors thanks to its generous 3% cashback offer on select categories of spending such as groceries or entertainment expenses! Plus – if you opt into their automatic savings program (SASP) then your earnings will be increased by 0.5%. There’s no annual fee attached to this reward credit card either – so why not give it a try today?
Whether you’re looking for extra savings or just want more bang out of every buck spent – these five reward debit cards can make it happen! From bonus points earned with every purchase made on select items to access exclusive deals from partnered merchants – these cards offer something unique that other banks don’t provide! So take some time today and explore what each one has to offer before selecting which one best suits your needs! After all – every penny saved counts!