Earning cash back on your credit card purchases is a great way to save money, and there are plenty of great cash back credit cards available in Canada. But with so many options out there, it can be tough to know which card is right for you. That’s why we’ve put together a list of the 5 best cashback credit cards in Canada, to help you make the most of your hard-earned money.
The Scotia Momentum Visa Infinite Card
This card offers 5% cash back on gas and groceries for the first 3 months, and 2% after that, making it a great choice for everyday spending. You’ll also earn 1% cash back on all other purchases, with no limits or annual fees. Plus, if you’re a Scotia Rewards member, you’ll get an additional 10% bonus when you redeem your points for travel.
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The American Express Cobalt Card
This card is perfect for people who love to travel, as it offers 5x the Membership Rewards points on travel and restaurants worldwide. You’ll also earn 2x points on groceries and gas, and 1 point per dollar spent on all other purchases. There’s no annual fee for the first year, making it a great option for budget-conscious spenders.
The TD Cash Back Visa Infinite Card
This card offers 6% cash back on groceries and gas for the first 6 months, and 3% after that – making it a great choice for families who spend a lot on these essentials. You’ll also earn 1% cash back on all other purchases with no limits or annual fees. Plus, if you’re a TD Rewards member, you can redeem your points for travel at any time with no blackout dates.
The Capital One Aspire Travel World Elite Mastercard
This card offers 2% cash back on all purchases with no limits or annual fee – making it a great choice for people who want to earn rewards without having to keep track of categories or spending limits. Plus, you’ll get access to a concierge service and comprehensive travel insurance coverage when you use your card to book your travel arrangements.
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The BMO World Elite Mastercard
This card offers 3% cash back on travel and dining purchases, plus 1% on all other purchases with no limit or annual fee. You’ll also get access to VIP airport lounges worldwide and comprehensive travel insurance coverage when you use your card to book your travel arrangements. And if you’re a BMO Rewards member, you can redeem your points for flights with any airline – with no blackout dates!
There are plenty of great cashback credit cards available in Canada, but with so many options out there, it can be tough to know which one is right for you. That’s why we’ve put together a list of the 5 best cashback credit cards in Canada, to help you make the most of your hard-earned money. Whether you’re looking for a card that offers rewards on everyday spending or one that comes with perks like VIP airport lounge access, we’ve got you covered. So what are you waiting for? Start earning cash back today!