Best Cash Back Credit Cards in Canada - October 2026

Cash Back

Best Cards 1st Yr Free Cash Back Travel Groceries Gas & EV Business Low Interest

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Scotia Momentum® Visa Infinite +* Card

Scotia Cash BackFirst-Year Annual Fee Rebate

Annual feeNo annual fee the first year: $0 $120
Our valuationMilesopedia first-year estimate First-year valueWelcome bonus$300Annual fee rebated$120Total$420Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.: $420
Welcome offerAfter $2,000 in 3 months: Up to $300 Cash Back; Ends Nov 1, 2026

Features
Issuer: Scotia
Network
Loyalty Program: Cash Back

Fees and terms
Annual Fee: $120/yr
Min. annual income: $60,000+

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Rewards: Rate
Groceries: 4x
Bills & recurring payments: 4x
Telecom: 4x
Gas & EV: 2x
Transit: 2x
Streaming: 2x

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BMO CashBack® World Elite®* Mastercard®*

BMO Cash BackFirst-Year Annual Fee Rebate

Annual feeNo annual fee the first year: $0 $139
Our valuationMilesopedia first-year estimate First-year valueWelcome bonus$480Annual fee rebated$139Total$619Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.: $619
Welcome offerGet 40 points after $2,000 in purchases per month for 12 months: Up to $480 cash back

Features
Issuer: BMO
Network
Loyalty Program: Cash Back

Fees and terms
Annual Fee: $139/yr
Min. annual income: $80,000+

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Rewards: Rate
Groceries: 5x
Transit: 4x
Gas & EV: 3x
Streaming: 2x
Bills & recurring payments: 2x

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SimplyCash® Preferred Card from American Express

Amex Cash Back

Annual fee: $119.88
Our valuationMilesopedia first-year estimate First-year valueWelcome bonus$250Total$250Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.: $250
Welcome offerAfter $2,000 in 3 months: Up to $250 cash back

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on American Express's website

Apply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).

Features
Issuer: Amex
Network
Loyalty Program: Cash Back

Fees and terms
Annual Fee: $119.88/yr ($9.99/mo)
Min. annual income: —

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Rewards: Rate
Groceries: 4x
Gas & EV: 4x

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TD Cash Back Visa Infinite* Card

TD Cash BackFirst-Year Annual Fee Rebate

Annual feeNo annual fee the first year: $0 $139
Our valuationMilesopedia first-year estimate First-year valueWelcome bonus$350Annual fee rebated$139Total$489Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.: $489
Welcome offerAfter $3,500 in 3 months: Up to $350 cash back

Features
Issuer: TD
Network
Loyalty Program: Cash Back

Fees and terms
Annual Fee: $139/yr
Min. annual income: $60,000+

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Rewards: Rate
Bills & recurring payments: 3x
Groceries: 3x
Gas & EV: 3x
Transit: 3x
Streaming: 3x

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PC® World Elite® Mastercard®

PC Financial PC Optimum

Annual fee: $0
Our valuationMilesopedia first-year estimate First-year valueWelcome bonus$50Total$50Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.: $50
Welcome offerAfter $100 in 2 months: 50,000 points

Features
Issuer: PC Financial
Network
Loyalty Program: PC Optimum

Fees and terms
Annual Fee: $0
Min. annual income: $80,000+

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Rewards: Rate
Pharmacy: 45x
Groceries: 30x

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