| Card | Particulars |
|---|---|
| Finest money again card Scotia Momentum Visa Infinite* |
• 4% money again on groceries • 4% money again on recurring invoice funds, 2% on fuel, public transit, taxis and rideshares • 20.99% APR |
| Finest no-fee money again card BMO CashBack Mastercard* |
• No annual charge • 3% money again on groceries, as much as $500 per 30 days • 1% on recurring payments; • 20.99% APR |
| Finest groceries and fuel card (tie) CIBC Dividend Visa Infinite |
• 4% money again on groceries and fuel • 2% on eating, each day transit and recurring payments • 20.99% APR |
| Finest groceries and fuel card (tie) Meridian Visa Infinite Money Again Card |
• 4% money again on groceries and fuel • 2% money again on drug shops and recurring payments • 19.50% APR |
| Finest card for procuring at Loblaw banner shops PC Monetary World Elite Mastercard* |
• 30 PC factors per $1 at Loblaw banner grocery shops • 45 factors per $1 at Buyers Drug Mart, 30 factors per litre at Esso/Mobil; 30 factors per $1 at PC Journey • 20.97% APR • No annual charge |
| Finest factors card American Categorical Cobalt* |
• 5 factors per $1 on groceries • 5 factors per $1 on eating, meals supply and bars; 2 factors per $1 on transportation together with taxis, public transit and rideshares • 20.99% APR |
The perfect bank cards for grocery purchases in Canada
Everyone must put meals on the desk, so that you may as effectively earn rewards whereas doing so. And contemplating that in 2022 the value of meals in Canada rose on the quickest tempo in many years, there’s no higher time to earn helpful rewards and money again on this important family expense.
Whether or not you’re in search of money again, to rack up factors or just to seek out the most effective grocery bank card in Canada, we’ve gathered the data you have to maximize your spending. Take inventory of your procuring habits, and prepare to money in on the rewards.
Finest money again card for groceries
Scotia Momentum Visa Infinite*
Everyone likes versatile rewards, and money is essentially the most versatile round. This card presents 4% money again on groceries and is a part of the Visa Infinite household, which implies cardholders obtain perks together with concierge service, and wine and eating experiences. You’ll earn a wholesome 4% on groceries, in addition to subscription companies like Netflix and recurring invoice funds, whereas transportation prices (together with Uber) and fuel earn at 2% (as much as an annual whole spend of $25,000; after that the earn fee drops to 1%). All different purchases earn at 1%, so in case you’re carrying this card you’ve acquired a variety of money again to earn in a broad group of spending classes.
- Annual charge: $120
- Rate of interest: 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers
- Welcome bonus: Earn 10% money again on all purchases for the primary 3 months (as much as $2,000 in whole purchases).
- Earn fee on groceries: 4% money again
- Rewards on different purchases: 4% money again on recurring invoice funds, 2% on fuel, public transit, taxis and rideshares, and 1% on all the pieces else
- Further perks: Journey emergency medical protection, journey accident, journey cancellation, journey interruption, and flight delay insurance coverage, and delayed or misplaced baggage safety; automotive rental loss or harm insurance coverage; cellular machine insurance coverage
- Annual earnings requirement: Private earnings of $60,000 or family earnings of $100,000
Finest no-fee money again bank card for groceries
BMO CashBack Mastercard*
When you’re in search of the most effective no-fee money again grocery bank card, look no additional. The three% money again on grocery purchases, no annual charge, and strong earn charges in different classes have made this card is a standout within the class. Take into accout, although, that earnings are capped at $500 spent per assertion interval, so in case you spend greater than $500 per 30 days on groceries, you’ll wish to contemplate one other card with a purpose to reap the total advantages.
Along with incomes money again on groceries, this card earns you 1% on recurring invoice funds and a limiteless 0.5% on different spending. You’ll be able to select when to redeem money again, in increments as little as $1; it’s also possible to arrange computerized recurring redemptions of $25 or extra.
- Annual charge: $0
- Rate of interest: 20.99% on purchases, 22.99% on money advances, (21.99% for residents of Quebec), 22.99% on stability transfers
- Earn fee on groceries: 3% money again on groceries, as much as $500 per 30 days
- Rewards on different purchases: 1% on recurring payments; 0.5% on all the pieces else
- Welcome bonus: Earn as much as 5% money again in your first 3 months and a $50 money again bonus. Plus, get a 0.99% rate of interest on stability transfers in your first 9 months (with a 2% switch charge).
- Further perks: Buy safety and prolonged guarantee; reductions at Avis and Nationwide Automotive Leases; low cost Cirque du Soleil performances; add licensed cardholders at no cost
- Annual earnings requirement: None
Honourable point out: Tangerine Cash-Again Credit score Card*
Each cardholder is given a 2% return on spending in two classes of their alternative, of which groceries is one. (There are 10 classes in whole, together with drug retailer, fuel, resort and motel lodging, eating places, furnishings, recurring invoice funds, residence enchancment, leisure, and public transportation and parking.) Plus, you possibly can earn 2% on a 3rd class of your alternative simply by having your rewards deposited into your Tangerine Financial savings Account.
Along with being a no-fee card, this can be a stand-out as a result of your cash-back earnings are limitless, which means that your common 2% earnings don’t have a cap. Whereas this card doesn’t provide an excessive amount of in the best way of perks, like the cardboard above, it at the moment has a beautiful welcome provide.
- Annual charge: $0
- Rate of interest: 19.95% on purchases, 19.95% on money advances, 19.95% on stability transfers
- Earn fee on groceries: 2% money again
- Rewards on different purchases: 2% in as much as two different spending classes of your alternative and 0.5% money again on all the pieces else
- Welcome bonus: earn an additional 10% again on as much as $1,000 in on a regular basis purchases inside the first 2 months. Should apply by Might 2, 2023. Click on “test eligibility” to get a further $100 Amazon reward card 🎁 upon approval.
- Further perks: Buy safety and prolonged guarantee
- Annual earnings requirement: Private or family earnings of $12,000
Finest bank card for groceries and fuel (tie)
In relation to can’t-avoid-it bills, fuel and groceries prime the checklist. Our decide for the most effective fuel and grocery bank card in Canada was a draw, with every card boasting 4% money again on each filling your tank and your fridge, in addition to some fairly respectable earn charges in different classes and perks. Which card you select will actually rely upon the place you are inclined to spend extra, and what perks are most helpful to you.
CIBC Dividend Visa Infinite
This bank card presents compelling earn charges on all sorts of meals purchases—with 4% money again on groceries and a couple of% on eating (together with take out and meals deliveries). And you’ll earn 4% on fuel as effectively serving to you earn on the pump whereas in your method to earn on the grocery retailer. Plus, save as much as $0.10 per litre at collaborating Chevron, Ultramar and Pioneer fuel stations once you hyperlink your card with Journie Rewards.
- Annual charge: $120
- Rate of interest: 20.99% on purchases, 22.99% on money advances (21.99% for Quebec residents), 22.99% on stability transfers
- Earn fee on groceries: 4% money again
- Rewards on different purchases: 4% money again on fuel; 2% on eating, each day transit and recurring payments; 1% on all the pieces else
- Welcome bonus: Get a first-year annual-fee rebate for you and as much as three licensed customers, and 10% money again for the primary 4 statements on web purchases of as much as $2,500.
- Further perks: Emergency medical journey insurance coverage, cellular machine insurance coverage, automotive rental loss and collision protection
- Annual earnings requirement: Private earnings of $60,000 or family earnings of $100,000
Meridian Visa Infinite Money Again Card
Apart from 4% money again on groceries and fuel—two highly regarded spending classes—the Meridian stays robust by providing 2% again on drug retailer purchases and recurring payments. The 1% common fee on all the pieces else is fairly customary however the annual charge of $99 is pretty accessible (and it’s waived for the primary 12 months). The Meridian has some good included insurance coverage and carries the more and more common cellular machine protection.
- Annual charge: $99
- Rate of interest: 19.5% on purchases, 21.99% on money advances, 19.5% on stability transfers
- Earn fee on groceries: 4% money again
- Rewards on different purchases: 4% money again on fuel; 2% on drug shops and recurring payments; 1% on all the pieces else
- Welcome bonus: None
- Further perks: Emergency well being care, journey cancellation or interruption, and baggage insurance coverage; automotive rental loss or collision protection; cellular machine insurance coverage
- Annual earnings requirement: Private earnings of $60,000 or family earnings of $100,000
Finest bank card for Loblaw banner grocery shops
PC Monetary World Elite Mastercard*
With about 2,500 shops working underneath the Loblaw firm banner, together with the economic system model No-Frills, the big-box Actual Canadian Superstore and the market-style Fortinos, it’s secure to say this can be a helpful card for a lot of Canadians. The PC Monetary World Elite Mastercard is the nation’s first no-fee elite-level card. Buyers who pay with this card will earn a whopping 30 PC Optimum factors per $1 on grocery purchases (equal to three.0%) at any Loblaw banner retailer and at PC Journey; 45 factors per $1 at Buyers Drug Mart; and 10 factors per $1 all over the place else. Gasoline purchases at Esso and Mobil earn not less than 30 factors per litre, making this an all-around priceless card for on a regular basis residing bills. PC Optimum factors are simply redeemed on the checkout counter beginning at 10,000 factors (which is the same as $10) and can be utilized on any merchandise in collaborating shops.
A disadvantage to this card is the $80,000 minimal annual earnings requirement (or $150,000 for the family), which can put it out of attain for some. Nonetheless, there are associated PC Monetary bank cards with barely decrease earn charges for many who can’t meet the brink.
- Annual charge: $0
- Rate of interest: 20.97% on purchases, 22.97% on money advances (21.97% for residents of Quebec), 22.97% on stability transfers
- Earn fee on groceries: 30 PC factors per $1 at Loblaw banner grocery shops (together with No Frills, Fortinos, and The Unbiased Grocer)
- Rewards on different purchases: 45 factors per $1 at Buyers Drug Mart, 30 factors per litre at Esso/Mobil; 30 factors per $1 at PC Journey; and 10 factors per $1 on all the pieces else
- Welcome bonus: Get 20,000 PC Optimum factors (a $20 worth).
- Further perks: Journey emergency medical insurance coverage; automotive rental loss or harm protection; concierge service; id theft help service
- Annual earnings requirement: Private earnings of $80,000 or family earnings of $150,000
Finest factors playing cards for groceries
American Categorical Cobalt*
For individuals who wish to flip their grocery purchases into world journey, the American Categorical Cobalt is right here to assist. There are a couple of standout parts of this card, beginning with the distinctive fee construction that payments the annual charge in month-to-month installments of $12.99. Subsequent is the welcome bonus, encouraging new cardholders to spend by rewarding 2,500 factors once you make $500 in purchases every month for the primary 12 months. When you hit that focus on each month, you’ll have a cool 30,000 factors amassed by the top of the 12 months. The earn fee on groceries in addition to eating out and meals supply companies is a really aggressive 5 factors per $1 (to a most spend of $30,000; thereafter, the earn is 1 level per $1); plus you get 2 factors per $1 on transportation. All the pieces else earns at a fee of 1 level per $1.
As a result of this can be a travel-based card, it ought to come as no shock that there are some candy perks geared towards frequent flyers and drivers, like emergency medical protection and automotive rental theft and harm protection. Cardholders are additionally eligible for a credit score on facilities at collaborating accommodations.
It does bear mentioning that as a result of that is an American Categorical card, it isn’t accepted at each retailer—however in case you’re a client at Meals Fundamentals, Longo’s, McEwan, Metro, Pusateri’s, Rabba, Safeway, Sobeys or Complete Meals, you’re golden. Loblaw banner shops, together with No-Frills, don’t settle for Amex.
- Annual charge: $156
- Rate of interest: 20.99% on purchases, 21.99% on money advances
- Earn fee on groceries: 5 factors per $1
- Rewards on different purchases: 5 factors per $1 on eating, meals supply and bars; 2 factors per $1 on transportation together with taxis, public transit and rideshares; and 1 level per $1 on all the pieces else
- Welcome bonus: earn 2,500 factors for every month you spend $500, as much as a most of 30,000 factors—that’s $300 in direction of a weekend getaway or live performance tickets.
- Further perks: Emergency journey medical protection, journey accident, flight and baggage delay, resort or motel housebreaking and misplaced or stolen baggage insurance coverage; automotive rental theft and harm safety; resort credit score as much as $100 USD on facilities like spa or eating at collaborating accommodations; Amex Invitations and Entrance-of-the-Line Entry
- Annual earnings requirement: None
Honourable point out: Scotiabank Gold American Categorical*
Wish to earn factors towards subsequent 12 months’s trip whilst you cowl this week’s grocery haul? Right here’s the way it works: For each level you earn, you get $0.01 redeemable towards journey, which is simple to determine and calculate. Simply consider it like a cash-back bank card with 1% earn fee towards journey financial savings. Plus, the welcome provide is fairly candy. Earn as much as 45,000 bonus Scotia Rewards factors your first 12 months, too—that’s about $450 in direction of your subsequent journey.
Whereas we’re evaluating the 2, it’s value noting that the American Categorical Cobalt has an edge on the Scotiabank Gold American Categorical card because the former helps you to get 15% to 75% extra worth out of your factors by means of Amex’s mounted factors journey chart or by transferring factors to resort loyalty applications. Neither can be found with the Scotiabank Gold. That stated, the Scotiabank Gold American Categorical continues to be an awesome card. Plus, the Scotiabank Gold American Categorical has some nice perks that the Cobalt doesn’t, like no international transaction charges and extra factors on leisure and streaming companies.
- Annual charge: $120
- Rate of interest: 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers
- Earn fee on groceries: 5 factors per $1 on groceries
- Rewards on different purchases: 5 factors per $1 on eating and leisure purchases; 3 factors per $1 on fuel, transit and rideshare costs, in addition to streaming companies; 1 level per $1 on all the pieces else
- Welcome bonus: earn as much as $850 in worth within the first 12 months, together with as much as 45,000 bonus Scene+ factors. Should apply by April 30, 2023.
- Further perks: As an Amex cardholder, you get entry to its Entrance of the Line Presale & Reserved program, together with invitations for leisure ticket pre-sales and superior film screenings and extra.
- Annual earnings requirement: Private or family earnings of $12,000
Steadily requested questions
The most important grocery shops that settle for American Categorical and allow you to earn bonus factors for grocery purchases embody: 88 Grocery store, Bownesian Grocer, Farm Boy, Federated Co-op, Longo’s, Metro, Safeway, Sobeys, Rabba, Pusateri’s Effective Meals, Complete Meals and Instacart.
The American Categorical Cobalt and Scotiabank Gold American Categorical* provide essentially the most bonus factors for grocery purchases on our checklist, however they aren’t as broadly accepted as another playing cards. For instance, they aren’t accepted at No Frills and Costco.
Walmart could also be synonymous with groceries for you, however not all bank cards acknowledge Walmart as a “grocery retailer.” Whereas American Categorical and Visa are accepted at Walmart, neither bank card firm categorizes Walmart on their service provider code system as a grocery retailer. For example, whereas the TD CashBack Visa Infinite earns 3% money again on groceries, it earns simply the bottom 1% money again fee at Walmart.
When you frequent the Walmart Supercentre, know that Mastercard does, nevertheless, acknowledge a number of Walmart Supercentre areas for grocery purchases—however not all. You’ll have to test with Mastercard to seek out out if the Walmart Supercentre close to you qualifies. The perfect bank cards to make use of for groceries at Walmart Supercentres embody the BMO CashBack Mastercard and Tangerine Cash-Again Card.
When you choose to “add to cart” at Walmart.ca for grocery pickup and grocery supply, the Walmart World Mastercard is an efficient card to have a look at. It earns you 3% on on-line purchases from Walmart (and 1.25% when procuring in retailer and 1% in any respect different grocery shops).