All people must put meals on the desk, so that you would possibly as effectively earn rewards whereas doing so. And contemplating that in 2022 the value of meals in Canada rose on the quickest tempo in a long time, there’s no higher time to earn helpful rewards and money again on this important family expense.

Whether or not you’re searching for money again, to rack up factors or just to seek out the perfect grocery bank card in Canada, we’ve gathered the knowledge it is advisable maximize your spending. Take inventory of your purchasing habits, and prepare to money in on the rewards.

Greatest money again card for groceries

Scotia Momentum Visa Infinite*

All people likes versatile rewards, and money is essentially the most versatile round. This card affords 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 gasoline earn at 2% (as much as an annual complete spend of $25,000; after that the earn price drops to 1%). All different purchases earn at 1%, so in case you’re carrying this card you’ve acquired a whole lot of money again to earn in a broad group of spending classes.

• Annual payment: $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 complete purchases).
• Earn price on groceries: 4% money again
• Rewards on different purchases: 4% money again on recurring invoice funds, 2% on gasoline, public transit, taxis and rideshares, and 1% on every little thing 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; cell gadget insurance coverage
• Annual revenue requirement: Private revenue of $60,000 or family revenue of $100,000

Greatest no-fee money again bank card for groceries

BMO CashBack Mastercard*

When you’re searching for the perfect no-fee money again grocery bank card, look no additional. The three% money again on grocery purchases, no annual payment, and stable earn charges in different classes have made this card is a standout within the class. Be mindful, although, that earnings are capped at $500 spent per assertion interval, so in case you spend greater than $500 monthly on groceries, you’ll need to take into account one other card in an effort to reap the complete 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; you can even arrange computerized recurring redemptions of $25 or extra.

• Annual payment: $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 price on groceries: 3% money again on groceries, as much as $500 monthly
• Rewards on different purchases: 1% on recurring payments; 0.5% on every little thing 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 to your first 9 months (with a 2% switch payment).
• Further perks: Buy safety and prolonged guarantee; reductions at Avis and Nationwide Automobile Leases; low cost Cirque du Soleil performances; add licensed cardholders at no cost
• Annual revenue 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 complete, together with drug retailer, gasoline, lodge and motel lodging, eating places, furnishings, recurring invoice funds, residence enchancment, leisure, and public transportation and parking.) Plus, you’ll be able to 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, that means that your common 2% earnings don’t have a cap. Whereas this card doesn’t provide an excessive amount of in the way in which of perks, like the cardboard above, it at the moment has a pretty welcome provide.

• Annual payment: $0
• Rate of interest: 19.95% on purchases, 19.95% on money advances, 19.95% on stability transfers
• Earn price 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 every little thing 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.
• Further perks: Buy safety and prolonged guarantee
• Annual revenue requirement: Private or family revenue of $12,000

Greatest bank card for groceries and gasoline (tie)

In the case of can’t-avoid-it bills, gasoline and groceries high the record. Our choose for the perfect gasoline 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 on the place you are inclined to spend extra, and what perks are most helpful to you.

CIBC Dividend Visa Infinite

This bank card affords compelling earn charges on all sorts of meals purchases—with 4% money again on groceries and a pair of% on eating (together with take out and meals deliveries). And you’ll earn 4% on gasoline as effectively serving to you earn on the pump whereas in your technique to earn on the grocery retailer. Plus, save as much as $0.10 per litre at taking part Chevron, Ultramar and Pioneer gasoline stations if you hyperlink your card with Journie Rewards.

• Annual payment: $120
• Rate of interest: 20.99% on purchases, 22.99% on money advances (21.99% for Quebec residents), 22.99% on stability transfers
• Earn price on groceries: 4% money again
• Rewards on different purchases: 4% money again on gasoline; 2% on eating, every day transit and recurring payments; 1% on every little thing 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, cell gadget insurance coverage, automotive rental loss and collision protection
• Annual revenue requirement: Private revenue of $60,000 or family revenue of $100,000

Meridian Visa Infinite Money Again Card

Except for 4% money again on groceries and gasoline—two very fashionable spending classes—the Meridian stays sturdy by providing 2% again on drug retailer purchases and recurring payments. The 1% common price on every little thing else is fairly commonplace however the annual payment of $99 is pretty accessible (and it’s waived for the primary yr). The Meridian has some good included insurance coverage and carries the more and more standard cell gadget protection. 

• Annual payment: $99
• Rate of interest: 19.5% on purchases, 21.99% on money advances, 19.5% on stability transfers
• Earn price on groceries: 4% money again
• Rewards on different purchases: 4% money again on gasoline; 2% on drug shops and recurring payments; 1% on every little thing else
• Welcome bonus: None
• Further perks: Emergency well being care, journey cancellation or interruption, and baggage insurance coverage; automotive rental loss or collision protection; cell gadget insurance coverage
• Annual revenue requirement: Private revenue of $60,000 or family revenue of $100,000

Greatest 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 protected 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. Customers 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 Customers Drug Mart; and 10 factors per $1 in every single place else. Fuel purchases at Esso and Mobil earn at the least 30 factors per litre, making this an all-around useful 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 taking part shops. 

A downside to this card is the $80,000 minimal annual revenue requirement (or $150,000 for the family), which is able to put it out of attain for some. Nevertheless, there are associated PC Monetary bank cards with barely decrease earn charges for many who can’t meet the edge. 

• Annual payment: $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 price on groceries: 30 PC factors per $1 at Loblaw banner grocery shops (together with No Frills, Fortinos, and The Impartial Grocer)
• Rewards on different purchases: 45 factors per $1 at Customers Drug Mart, 30 factors per litre at Esso/Mobil; 30 factors per $1 at PC Journey; and 10 factors per $1 on every little thing 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; identification theft help service
• Annual revenue requirement: Private revenue of $80,000 or family revenue of $150,000

Greatest factors playing cards for groceries

American Specific Cobalt*

For individuals who need to flip their grocery purchases into world journey, the American Specific Cobalt is right here to assist. There are just a few standout parts of this card, beginning with the distinctive cost construction that payments the annual payment in month-to-month installments of $12.99. Subsequent is the welcome bonus, encouraging new cardholders to spend by rewarding 2,500 factors if you make $500 in purchases every month for the primary yr. When you hit that focus on each month, you’ll have a cool 30,000 factors accrued by the tip of the yr. The earn price 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. Every thing else earns at a price 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 taking part accommodations. 

It does bear mentioning that as a result of that is an American Specific card, it’s not accepted at each retailer—however in case you’re a consumer 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 payment: $156
• Rate of interest: 20.99% on purchases, 21.99% on money advances
• Earn price 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 every little thing 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, lodge or motel housebreaking and misplaced or stolen baggage insurance coverage; automotive rental theft and harm safety; lodge credit score as much as $100 USD on facilities like spa or eating at taking part accommodations; Amex Invitations and Entrance-of-the-Line Entry
• Annual revenue requirement: None

Honourable point out: Scotiabank Gold American Specific*

Need to earn factors towards subsequent yr’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 straightforward to determine and calculate. Simply consider it like a cash-back bank card with 1% earn price towards journey financial savings. Plus, the welcome provide is fairly candy. Earn as much as 45,000 bonus Scotia Rewards factors your first yr, too—that’s about $450 in direction of your subsequent journey. 

Whereas we’re evaluating the 2, it’s price noting that the American Specific Cobalt has an edge on the Scotiabank Gold American Specific card for the reason that former permits 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 lodge loyalty packages. Neither can be found with the Scotiabank Gold. That stated, the Scotiabank Gold American Specific remains to be an ideal card. Plus, the Scotiabank Gold American Specific has some nice perks that the Cobalt doesn’t, like no international transaction charges and extra factors on leisure and streaming companies.  

• Annual payment: $120
• Rate of interest: 20.99% on purchases, 22.99% on money advances, 22.99% on stability transfers
• Earn price 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 gasoline, transit and rideshare prices, in addition to streaming companies; 1 level per $1 on every little thing 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 revenue requirement: Private or family revenue of $12,000

Ceaselessly requested questions