Are you tired of using a credit card that doesn't give you much in return? Looking for the best Canadian credit cards that offer amazing rewards? You're in the right place! In this post, we will break down the top Canadian credit cards that will give you the most bang for your buck, so you can make every purchase feel more rewarding.
Best Canadian Credit Cards For Rewards Table of Contents
2. Tangerine Money-Back Credit Card
1. American Express Cobalt
Key Perks:
- 5x points on groceries, dining, and food delivery
- 2x points on travel, transit, and gas
- 1x points on everything else
- 30,000 bonus points in your first year
Why It's Worth It:
If you're a foodie and love dining out or ordering in, the American Express Cobalt card is your best bet. This card offers a whopping 5x points on groceries, dining, and food delivery, so you can keep earning tasty rewards while you enjoy your meals.
2. Tangerine Money-Back Credit Card
Key Perks:
- 2% cashback in up to 3 categories of your choice
- 0.5% cashback on all other purchases
- No annual fee
Why It's Worth It:
If you prefer to have more control over the categories where you earn rewards, the Tangerine Money-Back Credit Card is your match. With this card, you can choose up to 3 categories to earn 2% cashback, all customized to your spending habits. Plus, you don't have to worry about any annual fees!
3. Scotia Momentum Visa Infinite
Key Perks:
- 4% cashback on groceries and recurring bill payments
- 2% cashback on gas and daily transit
- 1% cashback on everything else
- Comprehensive travel insurance
Why It's Worth It:
The Scotia Momentum Visa Infinite credit card is perfect for those who prioritize cashback, and especially those who have recurring bill payments and regularly buy groceries. With its travel insurance coverage, it's also suitable for frequent travelers in need of a reliable card.
4. TD Cash Back Visa Infinite
Key Perks:
- 3% cashback on eligible gas, grocery, and recurring bill payments
- 1% cashback on all other purchases
- Complimentary roadside assistance
- Travel insurance
Why It's Worth It:
If you have a well-rounded spending habit and want to maximize cashback on everyday purchases, the TD Cash Back Visa Infinite card is a superb choice. With 3% cashback on gas, groceries, and recurring bills, it covers most of your daily needs. The added perks of roadside assistance and travel insurance make it even more attractive!
Best Canadian Credit Cards For Rewards Example:
Imagine you're a young professional who enjoys dining out frequently, and loves to travel. With the Tangerine Money-Back Credit Card, you are able to customize your categories to earn 2% cashback on dining, travel, and entertainment. This caters perfectly to your lifestyle while maximizing your rewards. Additionally, no annual fee means more rewards will stay in your pocket.
Now that you know the best Canadian credit cards for rewards, you can choose the one that best fits your lifestyle and enjoy the perks that come with it. Don’t forget to share this article with your friends and family so that they, too, can take advantage of these fantastic rewards cards! Be sure to check out other articles on Flik Eco for more helpful tips and insights into personal finance and investing. Happy rewarding!
