Cash back credit cards are simple: you get a small percentage back on every purchase you make and the reward comes in the form of money. In other words, swiping that plastic money can actually help you earn dollar bills in addition to spending them. Oh, the satisfaction. But there are many cash back credit cards across Canada to choose from, and not all are created equal. So, what are the most worthwhile options in Canada right now? We get down to the details and analyze each one.

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Scotiabank Momentum Visa Infinite
Both MoneySense and CreditCardGenius named Scotiabank’s Momentum Visa Infinite card the "best cash back credit card Canada 2018." With this card, you earn 4% on gas and groceries, 2% on drugstore purchases and recurring bill payments and 1% on everything else. It’s also one of the best credit cards in Canada for 2019, since the bank has a special offer where you can earn 10% back on all purchases in the first three months.
It’s a great travel card too since it comes with comprehensive travel insurance and travel-related benefits. There’s an annual fee of $99 but this is waived during the first year. Interest rates are 19.99% on purchases and 22.99% on cash advances, balance transfers and cheques.
It’s a great travel card too since it comes with comprehensive travel insurance and travel-related benefits. There’s an annual fee of $99 but this is waived during the first year. Interest rates are 19.99% on purchases and 22.99% on cash advances, balance transfers and cheques.

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TD Cash Back Visa Infinite
If you’re looking for a good cash back credit card, TD has a great option in the form of the TD Cash Back Visa Infinite card. Eligible grocery and gas purchases and recurring bill payments can earn you 3% cash back, while all other purchases earn you 1%. You can get discounts on car rentals and the card also comes with travel insurance. There’s an annual fee of $120. Interest rates are 20.99% on purchases and 22.99% on cash advances.

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RBC Cash Back Mastercard
Most contenders for the best cash back credit card in Canada for 2019 come with annual fees. If you’d rather have a basic, no-fee card that makes it easier to reduce credit card debt, the RBC Cash Back Mastercard is a good one to consider. You earn 2% cash back on whatever you buy at the grocery store and 1% on everything else. Interest rates are 19.99% on purchases and 22.99% on cash advances.

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SimplyCash Preferred Card from American Express
The SimplyCash Preferred Card from America Express comes with a welcome rate of 5% cash back on your purchases for the first six months. After that, you earn 2% cash back on your purchases. The card comes with pretty comprehensive travel and car rental insurance and access to advanced and reserved ticket access and special offers. There’s an annual fee of $99. Interest rates are 19.99% on purchases and 22.99% on cash advances.

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Rogers World Elite Mastercard
The Rogers World Elite Mastercard is a great option for frequent flyers who regularly travel abroad. It’s one of the best travel credit cards in Canada, since it comes with comprehensive travel insurance and airport lounge access. You can earn 4% cash back on all eligible purchases you make in a foreign currency, 2% on Rogers products and services charged to your card and 1.75% cash back on all other eligible purchases. Interest rates are 19.99% on purchases and 21.5% on cash advances. Best of all? There’s no annual fee.

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CIBC Dividend Visa Infinite
If you do a lot of your shopping online, you'll want to consider the CIBC Dividend Visa Infinite card. It comes with Amazon Prime membership for a year. You earn 4% cash back on gas and groceries and 1% on everything else. The card also comes with travel insurance. Interest rates are 19.99% on purchases and 22.99% on cash advances. There is an annual fee of $99.

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BMO CashBack Mastercard
The BMO CashBack Mastercard comes with a welcome offer where you earn 5% cash back on purchases made in the first three months. After that, you earn 1% cash back on all your purchases. In addition, for the first nine months, the interest rate on balance transfers is 1.99% with a 1% transfer fee. Other interest rates are 19.99% on purchases and 22.99% on cash advances.
The card gives you access to a 25% discount on car rentals, so it’s a must for those great Canadian road trips. There’s no annual fee.
The card gives you access to a 25% discount on car rentals, so it’s a must for those great Canadian road trips. There’s no annual fee.

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Tangerine Money-Back Credit Card
Most cash back credit cards decide for you where you’ll earn the most money back. With the Tangerine Money-Back Credit Card, you choose two categories, such as groceries, gas, recurring bill payments, hotels and even public transportation and parking, where you’ll earn 2% cash back. On all your other purchases, you earn 0.5% cash back. During the first six months, the interest on balance transfers you made in the first 30 days is only 1.95%. After that, it’s the same interest rate as for purchases and cash advances: 19.95%. There is no annual fee.

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Rogers Platinum Mastercard
Toronto is one of the best cities in Canada to visit during summer and Rogers Centre is where you can go for concerts, Blue Jays games and much more. With the Rogers Platinum Mastercard, you can redeem your cash back points on Rogers products and services, including Blue Jays tickets and snacks you buy at the concession stands at Rogers Centre. You also earn 2% cash back on all Rogers products and services and 1.25% on other eligible purchases made in Canadian dollars. Buying online or abroad? You’ll earn 3% cash back on purchases made in a foreign currency. Interest rates are 19.99% on purchases and 21.5% on cash advances and there is no annual fee.

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Meridian Visa Cash Back
With the Meridian Visa Cash Back card, you earn 1% cash back on gas, groceries, drugstore purchases and utility bill payments. On everything else, you earn 0.5% cash back. The card comes with benefits like travel insurance, mobile device insurance, purchase protection and price protection. Interest rates are 19.5% on purchases and 21.99% on cash advances and there is no annual fee.
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