Our 3 top grocery credit card picks
A grocery credit card is like having a coupon-clipping fairy godmother in your wallet, magically transforming your everyday food hauls into a feast of rewards. Here's our top 3 best grocery credit cards and some great great store-specific picks.
We all need to buy food, so why not maximize your savings with a grocery credit card?
Blowing the budget on groceries? You’re not alone. A Money.ca study1 confirms that food prices are continuing to rise and a majority of Canadians believe that rising food prices are outpacing their income. In 2025, a family of four in Canada is expected to spend around $16,833.67 on food,.
The fastest change, the one least disruptive to your current lifestyle, you can make is to switch to a credit card that rewards you for your lengthy grocery bills. To see all our best cards, check out our comprehensive best credit cards in Canada list or try out our credit card comparison tool.
🏆Gold: BMO CashBack® World Elite Mastercard®*
up to $650 in value†
Welcome Bonus
$1,220
First Year Value
$570
Annual Value
Welcome Bonus: Get up to $650 in value including $40 cash back each month in your first year. Plus get the $120 annual fee waived in the first year.†
Get this card if you...
- are a high-earner looking to earn cash back
- want great perks like travel insurance and concierge services
- value a great welcome offer
Annual Fee & Annual Interest Rates
$120
Annual Fee
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Our Take
The BMO CashBack® World Elite®* Mastercard®* is a premium credit card offering elevated cash back rates on categories such as groceries, transit, gas, and recurring bill payments. Cardholders benefit from complimentary roadside assistance, comprehensive insurance coverage, and flexible cash back redemption options, so you can maximize your rewards on everyday spending.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
- Valuable sign-up bonus
- High 5% cash back rate on groceries
- Free roadside assistance
- Excellent extended warranty and purchase protection terms
Cons
- Restrictive spending limits for most cash back categories
- Sign-up bonus structure is head-scratchingly complicated
- High minimum income requirements
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$120
Annual Fee
2.50%
Foreign Transaction
Rewards cash back
5%
Groceries: 5% cash back up to $500 spent per month ($25 in cash back)*
4%
Transit: 4% cash back up to $300 spent per month ($12 in cash back)*
3%
Gas: 3% cash back up to $300 spent per month ($9 in cash back)*
2%
Recurring Bills: 2% cash back up to $500 spent per month ($10 in cash back)*
1%
Everything Else: 1% cash back, unlimited*
Insurance Benefits
$2,000,000
Emergency medical insurance amount
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
Get up to $650 in value including $40 cash back each month in your first year. Plus get the $120 annual fee waived in the first year.†
Plus, get a 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*
Also, enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
*Terms and Conditions apply,
Our Take
The BMO CashBack® World Elite®* Mastercard®* is a premium credit card offering elevated cash back rates on categories such as groceries, transit, gas, and recurring bill payments. Cardholders benefit from complimentary roadside assistance, comprehensive insurance coverage, and flexible cash back redemption options, so you can maximize your rewards on everyday spending.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
- Valuable sign-up bonus
- High 5% cash back rate on groceries
- Free roadside assistance
- Excellent extended warranty and purchase protection terms
Cons
- Restrictive spending limits for most cash back categories
- Sign-up bonus structure is head-scratchingly complicated
- High minimum income requirements
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$120
Annual Fee
2.50%
Foreign Transaction
Rewards cash back
5%
Groceries: 5% cash back up to $500 spent per month ($25 in cash back)*
4%
Transit: 4% cash back up to $300 spent per month ($12 in cash back)*
3%
Gas: 3% cash back up to $300 spent per month ($9 in cash back)*
2%
Recurring Bills: 2% cash back up to $500 spent per month ($10 in cash back)*
1%
Everything Else: 1% cash back, unlimited*
Insurance Benefits
$2,000,000
Emergency medical insurance amount
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
Get up to $650 in value including $40 cash back each month in your first year. Plus get the $120 annual fee waived in the first year.†
Plus, get a 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*
Also, enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
*Terms and Conditions apply,
Our top pick for grocery purchases retains its crown from last year, and with good reason:
- Leading cash back on groceries: Cardholders earn 5% cash back on groceries. This market-leading earn rate means you'll get $5 back for every $100 you spend at the supermarket, making it one of the most rewarding grocery cards in Canada.
- Impressive welcome bonus: New cardholders can earn $200 cash back thanks to up to $650 in value† for the first 3 months, giving you an immediate return on your grocery spending.
- Unmatched grocery store acceptance: Mastercard scores an impressive 0.92 in our proprietary Grocery Score, meaning you'll earn bonus rewards at virtually every grocery store in Canada.
- Exceptional insurance coverage: Unlike many cash back cards, this one comes with comprehensive purchase protection, extended warranty, and travel insurance benefits typically reserved for premium travel cards.
Disclosures:
- *Terms and conditions apply.
-
BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
🥈 Silver: SimplyCash® Preferred Card from American Express
bonus 10% cash back
Welcome Bonus
$742
First Year Value
$492
Annual Value
Welcome Bonus: Earn a bonus 10% cash back on purchases in your first 3 months (up to $2,000 in purchases).
Get this card if you...
- want to earn cash back faster
- need comprehensive insurance benefits
- want a generous welcome offer to maximize rewards
Annual Fee & Annual Interest Rates
$119.88
Annual Fee
21.99%
Purchase
21.99%
Cash Advance
Our Take
The SimplyCash® Preferred Card from American Express is a cash back credit card offering elevated earn rates on eligible gas and grocery purchases in Canada, with a standard rate on all other purchases. Cardholders benefit from a welcome bonus, as well as additional perks such as rental car insurance and travel accident coverage; however, the card carries a monthly fee, and cash back is redeemed annually each September.
Eligibility
Excellent (740+)
Recommended Credit Score
Pros
- Competitive cash back rates: Up to 4% on gas and groceries, and more
- Refer-a-friend bonus up to $750 annually
- Extra benefits like rental car insurance and travel accident coverage
- Manufacturer's warranty doubled on purchases
Cons
- $9.99/month fee ($119.88 annually)
- Cash back redeemed annually in September
- Not all benefits may be relevant to all users
- Limited to American Express acceptance
Annual Interest Rates
21.99%
Purchase
21.99%
Cash Advance
29.99%
Penalty
Fees
$119.88
Annual Fee
2.50%
Foreign Transaction
$29
Over The Limit Penalty
Rewards cash back
4%
cash back on eligible gas station purchases in Canada
4%
cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually)
2%
cash back on all other purchases
Insurance Benefits
$1,000
Mobile device insurance amount
$5,000,000
Emergency medical insurance amount
$100,000
Travel accident insurance amount
$500
Hotel burglary insurance
$85,000
Rental car insurance amount
Earn a bonus 10% cash back on purchases in your first 3 months (up to $2,000 in purchases). That’s on top of your everyday cash back earn rates.
Plus, earn a $50 statement credit* when you make a purchase in month 13.*
This could add up to $250 in bonus value in your first 13 months.
*Current or former Cardmembers with this Card are not eligible for this offer. Other terms apply.
Our Take
The SimplyCash® Preferred Card from American Express is a cash back credit card offering elevated earn rates on eligible gas and grocery purchases in Canada, with a standard rate on all other purchases. Cardholders benefit from a welcome bonus, as well as additional perks such as rental car insurance and travel accident coverage; however, the card carries a monthly fee, and cash back is redeemed annually each September.
Eligibility
Excellent (740+)
Recommended Credit Score
Pros
- Competitive cash back rates: Up to 4% on gas and groceries, and more
- Refer-a-friend bonus up to $750 annually
- Extra benefits like rental car insurance and travel accident coverage
- Manufacturer's warranty doubled on purchases
Cons
- $9.99/month fee ($119.88 annually)
- Cash back redeemed annually in September
- Not all benefits may be relevant to all users
- Limited to American Express acceptance
Annual Interest Rates
21.99%
Purchase
21.99%
Cash Advance
29.99%
Penalty
Fees
$119.88
Annual Fee
2.50%
Foreign Transaction
$29
Over The Limit Penalty
Rewards cash back
4%
cash back on eligible gas station purchases in Canada
4%
cash back on eligible grocery store purchases in Canada (up to $1,200 cash back annually)
2%
cash back on all other purchases
Insurance Benefits
$1,000
Mobile device insurance amount
$5,000,000
Emergency medical insurance amount
$100,000
Travel accident insurance amount
$500
Hotel burglary insurance
$85,000
Rental car insurance amount
Earn a bonus 10% cash back on purchases in your first 3 months (up to $2,000 in purchases). That’s on top of your everyday cash back earn rates.
Plus, earn a $50 statement credit* when you make a purchase in month 13.*
This could add up to $250 in bonus value in your first 13 months.
*Current or former Cardmembers with this Card are not eligible for this offer. Other terms apply.
A strong contender with a unique fee structure that makes it appealing for many Canadians:
- Innovative monthly fee: Rather than paying a large annual fee upfront, this card spreads the cost throughout the year, making it more accessible for budget-conscious shoppers.
- Generous cash back welcome bonus: New cardholders can earn up to $200 in bonus cash back during their first few months, one of the most competitive welcome offers in its category.
- Solid cash back on groceries and gas: While not quite matching our winner's 5% grocery rate, this card offers more balanced rewards across both groceries and gas stations.
- Limited grocery store acceptance: In our analysis, American Express scored lowest in our grocery store acceptance rating, meaning you might miss out on bonus rewards at some smaller grocery chains and independent stores.
- Flexible redemption options: Cash back can be applied as a statement credit whenever your balance reaches $25, giving you more control over your rewards.
Disclosures:
-
Contact American Express for the most up-to-date referral bonus figures.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.
🥉 Bronze: PC® Mastercard®
$282
First Year Value
$0
Annual Value
Get this card if you...
- frequently shop at Loblaw stores
- want to accelerate your PC Optimum points
- want to avoid paying an annual fee
Annual Fee & Annual Interest Rates
$0
Annual Fee
21.99%
Purchase
22.97%
Cash Advance
22.97%
Balance Transfer
Our Take
The PC® Mastercard® is a no-annual-fee credit card that allows cardholders to earn PC Optimum points on everyday purchases, with accelerated rates at Loblaw-affiliated stores, Shoppers Drug Mart, Esso, and Mobil gas stations. These points can be redeemed for groceries and merchandise at over 2,500 participating locations across Canada.
Eligibility
Good (620 - 670)
Recommended Credit Score
$15,000
Required Annual Personal Income
Pros
- No annual fee, ideal for budget-conscious shoppers
- Earn 10 points per $1 spent everywhere
- Accelerated points at Esso, Shoppers Drug Mart, and PC Travel
- Points redeemable at over 2,500 stores nationwide
- Purchase insurance and extended warranties for added protection
Cons
- Middle-of-the-road rewards compared to other no-fee cards
- Limited redemption options compared to some competitors
- Requires spending at specific stores for maximum benefits
- Point value may seem low initially, despite earning potential
Annual Interest Rates
21.99%
Purchase
22.97%
Cash Advance
22.97%
Balance Transfer
Fees
$0
Annual Fee
Rewards PC points
10 points
Earn 10 points per $1 spent everywhere
2 cents
Earn 2c per litre in PC Optimum points at Esso and Mobil
30 points
Earn 30 points per $1 when purchasing travel through President’s Choice
25 points
Earn 25 points per $1 at Shoppers Drug Mart and Pharmaprix
Our Take
The PC® Mastercard® is a no-annual-fee credit card that allows cardholders to earn PC Optimum points on everyday purchases, with accelerated rates at Loblaw-affiliated stores, Shoppers Drug Mart, Esso, and Mobil gas stations. These points can be redeemed for groceries and merchandise at over 2,500 participating locations across Canada.
Eligibility
Good (620 - 670)
Recommended Credit Score
$15,000
Required Annual Personal Income
Pros
- No annual fee, ideal for budget-conscious shoppers
- Earn 10 points per $1 spent everywhere
- Accelerated points at Esso, Shoppers Drug Mart, and PC Travel
- Points redeemable at over 2,500 stores nationwide
- Purchase insurance and extended warranties for added protection
Cons
- Middle-of-the-road rewards compared to other no-fee cards
- Limited redemption options compared to some competitors
- Requires spending at specific stores for maximum benefits
- Point value may seem low initially, despite earning potential
Annual Interest Rates
21.99%
Purchase
22.97%
Cash Advance
22.97%
Balance Transfer
Fees
$0
Annual Fee
Rewards PC points
10 points
Earn 10 points per $1 spent everywhere
2 cents
Earn 2c per litre in PC Optimum points at Esso and Mobil
30 points
Earn 30 points per $1 when purchasing travel through President’s Choice
25 points
Earn 25 points per $1 at Shoppers Drug Mart and Pharmaprix
A no-fee powerhouse that's especially valuable for Loblaws shoppers:
- No annual fee: This card costs nothing to carry, making it an excellent option for occasional grocery shoppers or those looking to complement their main credit card.
- Highest score in our proprietary Grocery Score: Thanks to the exceptional points earning potential at Loblaws banner stores (including No Frills, Real Canadian Superstore, and Shoppers Drug Mart), this card outperforms many premium cards for dedicated Loblaws shoppers.
- Tiered card options: The basic PC® Mastercard® is available to most applicants, while the World and World Elite versions offer enhanced earn rates for those with higher incomes or credit scores.
- Points instead of cash back: Unlike our other top picks, this card earns PC Optimum points instead of cash back, providing excellent value but less flexibility in how you redeem your rewards.
- Consistently popular choice: This card was a standout in our Most Popular Credit Cards study, confirming that Canadians love its straightforward value proposition.
Disclosures:
-
Sponsored advertising. President’s Choice Financial® Mastercard® is provided by President’s Choice Bank. The PC Optimum™ program is provided by President's Choice Services Inc. President’s Choice Bank is not responsible for the contents of this site, including any editorials or reviews that may appear on this site. For complete information regarding the PC® Mastercard®, PC® World Mastercard®, or PC® World Elite Mastercard®, please click on the “Apply Now” or other applicable button.
Best grocery card for Metro
up to 15,000 points
Welcome Bonus
$630
First Year Value
$480
Annual Value
Welcome Bonus: Earn up to 15,000 Welcome Bonus Membership Rewards® points* – that’s up to $150 in value.
Get this card if you...
- quickly rack up rewards on dining and grocery purchases
- want a flexible rewards program with travel rewards
- want access to exclusive events and robust travel insurance
Annual Fee & Annual Interest Rates
$191.88
Annual Fee
21.99%
Purchase
21.99%
Cash Advance
Our Take
The American Express Cobalt® Card is a versatile rewards credit card designed for individuals who frequently spend on dining, groceries and travel-related expenses. It offers flexible redemption options and includes various travel and purchase protections, making it a comprehensive choice for those seeking to maximize rewards on everyday spending.
Eligibility
Fair (300 - 619)
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Pros
- High earn rates (up to 5% return on spending!)
- Flexible month-by-month fee structure
- Free supplementary cards
- 1:1 points transfer with selected hotels, airlines and frequent flyer programs
Cons
- Accelerated earn rates only apply to purchases in Canada (not to purchases made abroad)
- Amex has a more limited merchant acceptance rate than Visa and Mastercard
- Slightly higher than average annual fee
Annual Interest Rates
21.99%
Purchase
21.99%
Cash Advance
25.99% - 29.99%
Penalty
Fees
$191.88
Annual Fee
2.50%
Foreign Transaction
$2.75
Cash Advance
$29
Over The Limit Penalty
$45
Return Penalty
Rewards Membership Rewards
5x
the points on eligible eats & drinks purchases in Canada
3x
the points on eligible streaming subscriptions in Canada
2x
the points on eligible gas, transit & ride share in Canada
1x
the points on everything else
1
additional Membership Rewards point for every $1 you charge on eligible hotel or car rental bookings made with American Express Travel
$100 USD
Get up to $100 USD hotel credit to use on amenities like dining, spa or other leisure facilities when charged to the room
Insurance Benefits
$1,000
Mobile device insurance amount
$5,000,000
Emergency medical insurance amount
$250,000
Travel accident insurance amount
$500
Hotel burglary insurance
$85,000
Rental car insurance amount
Earn up to 15,000 Membership Rewards® points* by earning 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 on your Card in your first year as a new Cardmember. This could add up to 15,000 points in a year.*
That’s up to $150 towards your next weekend getaway.
*Current or former Cardmembers with this Card are not eligible for this offer. Other terms apply.
Our Take
The American Express Cobalt® Card is a versatile rewards credit card designed for individuals who frequently spend on dining, groceries and travel-related expenses. It offers flexible redemption options and includes various travel and purchase protections, making it a comprehensive choice for those seeking to maximize rewards on everyday spending.
Eligibility
Fair (300 - 619)
Recommended Credit Score
$0
Required Annual Personal Income
$0
Required Annual Household Income
Pros
- High earn rates (up to 5% return on spending!)
- Flexible month-by-month fee structure
- Free supplementary cards
- 1:1 points transfer with selected hotels, airlines and frequent flyer programs
Cons
- Accelerated earn rates only apply to purchases in Canada (not to purchases made abroad)
- Amex has a more limited merchant acceptance rate than Visa and Mastercard
- Slightly higher than average annual fee
Annual Interest Rates
21.99%
Purchase
21.99%
Cash Advance
25.99% - 29.99%
Penalty
Fees
$191.88
Annual Fee
2.50%
Foreign Transaction
$2.75
Cash Advance
$29
Over The Limit Penalty
$45
Return Penalty
Rewards Membership Rewards
5x
the points on eligible eats & drinks purchases in Canada
3x
the points on eligible streaming subscriptions in Canada
2x
the points on eligible gas, transit & ride share in Canada
1x
the points on everything else
1
additional Membership Rewards point for every $1 you charge on eligible hotel or car rental bookings made with American Express Travel
$100 USD
Get up to $100 USD hotel credit to use on amenities like dining, spa or other leisure facilities when charged to the room
Insurance Benefits
$1,000
Mobile device insurance amount
$5,000,000
Emergency medical insurance amount
$250,000
Travel accident insurance amount
$500
Hotel burglary insurance
$85,000
Rental car insurance amount
Earn up to 15,000 Membership Rewards® points* by earning 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 on your Card in your first year as a new Cardmember. This could add up to 15,000 points in a year.*
That’s up to $150 towards your next weekend getaway.
*Current or former Cardmembers with this Card are not eligible for this offer. Other terms apply.
The ultimate credit card for food lovers and grocery shoppers seeking premium rewards:
- Industry-leading points on groceries and food: Earn 5x Membership Rewards points per dollar spent at grocery stores, restaurants, coffee shops, bars, and food delivery services—an effective return of up to 5% back.
- Innovative food delivery workaround: Use services like Instacart to earn 5X points when shopping at grocery stores that don't normally accept Amex in-store, such as Loblaws banner stores.
- Flexible monthly fee structure: Pay the $191.88 annual fee monthly rather than a large upfront fee, making this premium card more accessible for budget-conscious Canadians. ($15.99/month (Equals $191.88 annually) for non-Quebec residents. $191.88/year for Quebec residents.)
- Additional accelerated earn rates: Collect 3X points on eligible streaming subscriptions, 2X points on gas, transit and ride shares, and 1X point on all other purchases.
- Travel booking bonus: Earn 1 additional point per dollar on eligible hotel and car rental bookings made through American Express Travel Online.
- Monthly spending cap: The grocery earn rate applies to the first $2,500 spent each month, allowing you to earn up to 12,500 bonus points monthly.
Disclosures:
-
Contact American Express for the most up-to-date referral bonus figures.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.
Best grocery credit card for Sobeys
up to 45,000 points†
Welcome Bonus
$1,582
First Year Value
$732
Annual Value
Welcome Bonus: Earn up to $850 in welcome offers, first year rewards and savings value, including up to 45,000 bonus Scene+ points.† Expires Jul 01, 2026
Get this card if you...
- want exclusive travel benefits like no foreign exchange fees
- need comprehensive travel insurance benefits
- want to access exclusive Amex offers
Annual Fee & Annual Interest Rates
$120
Annual Fee
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Our Take
The Scotiabank Gold American Express® Card is a rewards credit card that offers accelerated earn rates on categories such as groceries, dining, and entertainment. It also provides benefits like no foreign transaction fees and comprehensive travel insurance, making it suitable for both everyday spending and international use.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
Pros
- Lots of daily spend options to earn multiplied point bonuses
- Swanky Amex perks like Front of the Line presale concert tickets
- Save on foreign transaction fees when abroad
- Fantastic insurance coverage, especially for travel
Cons
- Relatively low-value welcome bonus
- $120 annual fee that chews into your point value substantially
- Scene points redeem poorly for travel
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
0.00%
Foreign Transaction
Rewards Scene+
6x
Scene+ points¹ on every $1 you spend at Sobeys, Safeway, Freshco, Foodland and more
5x
Scene+ points for every $1 you spend on dining, food delivery and other eligible grocery stores. Includes popular food delivery and food subscriptions.
5x
Scene+ points for every $1 you spend in Canada eligible entertainment purposes. Includes movies, theatre and ticket agencies stores.
3x
Scene+ points for every $1 CAD you spend in Canada on eligible gas and daily transit options. Includes rideshares, buses, subway, taxis and more
3x
Scene+ points for every $1 CAD you spend in Canada on eligible select streaming services
1x
Scene+ point for every $1 spent on all other eligible everyday purchases
4x
Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
Insurance Benefits
$1,000
Mobile device insurance amount
$1,000,000
Emergency medical insurance amount
3
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
Earn up to $850* in value in the first 12 months, including up to 45,000 bonus Scene+ points. Here's how:
$450 in travel rewards (45,000 bonus Scene+ points) for new Scotiabank Gold American Express Card clients who spend $2,000 within the first 3 months (to earn 25,000 points) and who spend $7,500 within the first 12 months (to earn an additional 20,000 points);
$58 in foreign transaction fee savings based on average annual foreign spend per account over the last 24 months (save the 2.5% foreign transaction fee markup typically charged by other card issuers);
$386 in first year point earn potential (38,500 Scene+ points) on everyday purchases based on average annual spend per account over the last 24 months with an average spend of 30% in 6X, 5X and 3X accelerator categories.
Potential First Year Value = up to $894 (rounded down to $850)
To qualify for these offers make sure to apply for and open a new Scotiabank Gold American Express credit card account (“Account”) between January 2, 2026 and July 1, 2026.
*Savings and reward potential in first 12 months includes welcome offer value, first year point earn potential and foreign transaction fee savings as of November 4, 2025.
See terms and conditions for full details.
Rates, fees and other information are effective as of October 31, 2025. Subject to change.
Our Take
The Scotiabank Gold American Express® Card is a rewards credit card that offers accelerated earn rates on categories such as groceries, dining, and entertainment. It also provides benefits like no foreign transaction fees and comprehensive travel insurance, making it suitable for both everyday spending and international use.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
Pros
- Lots of daily spend options to earn multiplied point bonuses
- Swanky Amex perks like Front of the Line presale concert tickets
- Save on foreign transaction fees when abroad
- Fantastic insurance coverage, especially for travel
Cons
- Relatively low-value welcome bonus
- $120 annual fee that chews into your point value substantially
- Scene points redeem poorly for travel
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
0.00%
Foreign Transaction
Rewards Scene+
6x
Scene+ points¹ on every $1 you spend at Sobeys, Safeway, Freshco, Foodland and more
5x
Scene+ points for every $1 you spend on dining, food delivery and other eligible grocery stores. Includes popular food delivery and food subscriptions.
5x
Scene+ points for every $1 you spend in Canada eligible entertainment purposes. Includes movies, theatre and ticket agencies stores.
3x
Scene+ points for every $1 CAD you spend in Canada on eligible gas and daily transit options. Includes rideshares, buses, subway, taxis and more
3x
Scene+ points for every $1 CAD you spend in Canada on eligible select streaming services
1x
Scene+ point for every $1 spent on all other eligible everyday purchases
4x
Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
Insurance Benefits
$1,000
Mobile device insurance amount
$1,000,000
Emergency medical insurance amount
3
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
Earn up to $850* in value in the first 12 months, including up to 45,000 bonus Scene+ points. Here's how:
$450 in travel rewards (45,000 bonus Scene+ points) for new Scotiabank Gold American Express Card clients who spend $2,000 within the first 3 months (to earn 25,000 points) and who spend $7,500 within the first 12 months (to earn an additional 20,000 points);
$58 in foreign transaction fee savings based on average annual foreign spend per account over the last 24 months (save the 2.5% foreign transaction fee markup typically charged by other card issuers);
$386 in first year point earn potential (38,500 Scene+ points) on everyday purchases based on average annual spend per account over the last 24 months with an average spend of 30% in 6X, 5X and 3X accelerator categories.
Potential First Year Value = up to $894 (rounded down to $850)
To qualify for these offers make sure to apply for and open a new Scotiabank Gold American Express credit card account (“Account”) between January 2, 2026 and July 1, 2026.
*Savings and reward potential in first 12 months includes welcome offer value, first year point earn potential and foreign transaction fee savings as of November 4, 2025.
See terms and conditions for full details.
Rates, fees and other information are effective as of October 31, 2025. Subject to change.
- Exceptional points earn rate at Empire stores: At Sobeys, Safeway, FreshCo, Foodland, and other Empire-owned grocery stores, you'll earn an impressive 6x Scene+ points per dollar spent, translating to an effective 6% return— one of the highest grocery rewards rates in Canada.
- Strong points at all other grocery stores: Even when shopping outside the Empire network, you'll still earn 5x Scene+ points per dollar at other supermarkets, maintaining category-leading returns regardless of where you shop.
- Enhanced value through Scene+ partnerships: The Scene+ program has expanded significantly, allowing you to redeem points for groceries at Empire stores, effectively creating a closed-loop system where you earn and burn at the same locations.
- Flexible redemption options: Unlike store-specific cards, Scene+ points can be used for travel bookings, statement credits, gift cards, and merchandise, giving you more choices than traditional grocery store credit cards.
- No foreign transaction fees: Save the typical 2.5% foreign transaction fee on all purchases made in non-Canadian currencies, a rare feature among grocery-focused credit cards.
- Comprehensive insurance package: Enjoy travel medical insurance, trip cancellation, lost baggage coverage, and purchase protection—benefits typically reserved for premium travel cards rather than grocery cards.
- Reasonable annual fee: While not free, the $120 fee is easily offset through regular grocery shopping, especially when combined with the valuable welcome bonus offered to new cardholders.
Disclosures:
-
Conditions Apply. Visit here for the Scotiabank Gold American Express® Card to learn more.
*See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
Best grocery card for Loblaws
$438
First Year Value
$0
Annual Value
Get this card if you...
- want to quickly rack up PC Optimum points
- want to avoid paying an annual fee
- want basic insurance benefits
Annual Fee & Annual Interest Rates
$0
Annual Fee
21.99%
Purchase
22.97%
Cash Advance
5%
Balance Transfer
Our Take
The PC Financial® World Elite Mastercard® is a no-annual-fee credit card designed for frequent shoppers at Loblaw-affiliated stores, offering elevated PC Optimum points on purchases at these retailers, including Shoppers Drug Mart and Joe Fresh. Cardholders benefit from perks such as 24/7 concierge service and travel emergency medical insurance; however, the card has a high income requirement, and its rewards are primarily limited to Loblaw banner stores.
Eligibility
Fair (300 - 619)
Recommended Credit Score
$80,000
Required Annual Personal Income
Pros
- No annual fee
- High earn rates in certain stores
- Easy, straightforward redemptions
- Points don’t expire provided your account stays active and in good standing
- Special events allow you to earn extra points
Cons
- High income requirement to qualify
- Accelerated earn rates are limited to certain partner stores, and points can be redeemed only for purchases within Loblaw banner stores
- Points can’t be transferred to other loyalty programs
- The included travel insurance is very limited
Annual Interest Rates
21.99%
Purchase
22.97%
Cash Advance
5%
Balance Transfer
Fees
$0
Annual Fee
Rewards PC points
45 points
* 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix
30 points
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30 points
Earn 30 points per $1 spent on PC Travel services
30 points
Earn 30 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
10 points
Earn 10 points per $1 spent everywhere else
Insurance Benefits
$65,000
Rental car insurance amount
Our Take
The PC Financial® World Elite Mastercard® is a no-annual-fee credit card designed for frequent shoppers at Loblaw-affiliated stores, offering elevated PC Optimum points on purchases at these retailers, including Shoppers Drug Mart and Joe Fresh. Cardholders benefit from perks such as 24/7 concierge service and travel emergency medical insurance; however, the card has a high income requirement, and its rewards are primarily limited to Loblaw banner stores.
Eligibility
Fair (300 - 619)
Recommended Credit Score
$80,000
Required Annual Personal Income
Pros
- No annual fee
- High earn rates in certain stores
- Easy, straightforward redemptions
- Points don’t expire provided your account stays active and in good standing
- Special events allow you to earn extra points
Cons
- High income requirement to qualify
- Accelerated earn rates are limited to certain partner stores, and points can be redeemed only for purchases within Loblaw banner stores
- Points can’t be transferred to other loyalty programs
- The included travel insurance is very limited
Annual Interest Rates
21.99%
Purchase
22.97%
Cash Advance
5%
Balance Transfer
Fees
$0
Annual Fee
Rewards PC points
45 points
* 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix
30 points
Earn 30 points per litre for gas purchased at Esso™ or Mobil™ stations
30 points
Earn 30 points per $1 spent on PC Travel services
30 points
Earn 30 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
10 points
Earn 10 points per $1 spent everywhere else
Insurance Benefits
$65,000
Rental car insurance amount
While the PC Mastercard is one of our top picks for best grocery card, the higher income PC® World Elite Mastercard® is the most lucrative earner at the Loblaws family of brands.
- Impressive PC Optimum points per dollar: Earn 30 points per $1 spent at Loblaw banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.). That’s a 3% return in PC Optimum points on all purchases at Loblaw banner grocery stores.
- Enhanced points per dollar at Shoppers Drug Mart: Earn 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix. That’s an exceptional 4.5% return when shopping at Canada's largest pharmacy chain, perfect for personal care items and everyday essentials.
- Powerful fuel rewards: Earn 30 points per litre at Esso and Mobil gas stations, creating significant savings for drivers across Canada.
- Additional bonus categories: Collect 30 points per dollar on PC Travel services and 10 points per dollar on all other purchases, ensuring you earn rewards on every transaction.
- Stack with PC Optimum program: Combine credit card points with weekly personalized offers and in-store promotions for even greater savings on your grocery bill.
- $0 annual fee: Unlike many premium rewards cards, this one costs absolutely nothing to carry, maximizing the value of every point you earn.
- Valuable travel insurance: Includes travel medical insurance for cardholders under 65 and car rental collision/loss damage protection typically found on cards with annual fees.
Disclosures:
-
Sponsored advertising. President’s Choice Financial® Mastercard® is provided by President’s Choice Bank. The PC Optimum™ program is provided by President's Choice Services Inc. President’s Choice Bank is not responsible for the contents of this site, including any editorials or reviews that may appear on this site. For complete information regarding the PC® Mastercard®, PC® World Mastercard®, or PC® World Elite Mastercard®, please click on the “Apply Now” or other applicable button.
Best grocery credit card for Pattinson (Save On)
3.8
More Rewards RBC Visa Infinite
3.8
up to 50,000 pts
Welcome Bonus
$241
First Year Value
$166
Annual Value
Get this card if you...
- frequently shop at any of the 700+ partner locations.
- do not want to pay an annual fee but still want to earn rewards for your purchases.
- value insurance coverage for your purchases, including mobile devices.
Annual Fee & Annual Interest Rates
$0
Annual Fee
20.99%
Purchase
22.99%
Cash Advance
Our Take
The More Rewards RBC Visa Infinite card is a new co-branded credit card launched by RBC in partnership with Pattison Food Group (PFG). Geared toward customers in Western Canada, the no-annual-fee credit card enables cardholders to earn More Rewards points at more than 700 partner stores, including Save-On-Foods and Buy-Low Foods.
Eligibility
Good (620 - 670)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
- No annual fee (a rarity for a Visa Infinite card)
- Purchase protection and extended warranty
- Mobile Device Insurance
- Earn as much as 3.4% toward travel rewards
- Gasoline discounts at Petro-Canada
Cons
- High minimum income requirement
- No complimentary travel insurance coverage
- Hold little value if you don’t shop at More Rewards partner locations
- Partner stores are only located in Western Canada
- Not available to residents of Quebec
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
25.99%
Penalty
Fees
$0
Annual Fee
2.50%
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
$45
Return Penalty
Rewards
8
points for every $1 spent at over 700 partner locations.
8
points for every $1 spent on gas, EV charging and dining.
4
points for every $1 spent on all other purchases.
Insurance Benefits
$1,000
Mobile device insurance amount
Enjoy up to 50,000 bonus More Rewards points. That’s a value of $75 in groceries!
Earn 30,000 welcome More Rewards points upon your first purchase. Plus, 20,000 bonus More Rewards points when you spend $500 in qualifying purchases in the first 3 months.
Our Take
The More Rewards RBC Visa Infinite card is a new co-branded credit card launched by RBC in partnership with Pattison Food Group (PFG). Geared toward customers in Western Canada, the no-annual-fee credit card enables cardholders to earn More Rewards points at more than 700 partner stores, including Save-On-Foods and Buy-Low Foods.
Eligibility
Good (620 - 670)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
- No annual fee (a rarity for a Visa Infinite card)
- Purchase protection and extended warranty
- Mobile Device Insurance
- Earn as much as 3.4% toward travel rewards
- Gasoline discounts at Petro-Canada
Cons
- High minimum income requirement
- No complimentary travel insurance coverage
- Hold little value if you don’t shop at More Rewards partner locations
- Partner stores are only located in Western Canada
- Not available to residents of Quebec
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
25.99%
Penalty
Fees
$0
Annual Fee
2.50%
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
$45
Return Penalty
Rewards
8
points for every $1 spent at over 700 partner locations.
8
points for every $1 spent on gas, EV charging and dining.
4
points for every $1 spent on all other purchases.
Insurance Benefits
$1,000
Mobile device insurance amount
Enjoy up to 50,000 bonus More Rewards points. That’s a value of $75 in groceries!
Earn 30,000 welcome More Rewards points upon your first purchase. Plus, 20,000 bonus More Rewards points when you spend $500 in qualifying purchases in the first 3 months.
The ultimate credit card for Western Canadians who shop at Save-On-Foods and other Pattison Food Group grocery stores:
- Exceptional points per dollar at partner grocery stores: Earn an impressive 8 More Rewards points for every dollar spent at Save-On-Foods, Quality Foods, Buy-Low Foods, PriceSmart Foods, Urban Fare and other participating locations.
- Additional point with loyalty card: Stack your rewards by swiping your More Rewards loyalty card to earn an extra point per dollar, plus qualify for additional in-store promotions and personalized offers.
- Direct grocery redemption: Use your accumulated points directly at the checkout for grocery purchases, creating a closed-loop system where you earn and redeem at the same stores.
- Broad Western Canada acceptance: Ideal for shoppers in British Columbia, Alberta, Manitoba, Saskatchewan, and Yukon where More Rewards partner locations are concentrated.
- Comprehensive insurance package: Enjoy mobile device insurance, purchase security and extended warranty coverage typically reserved for premium travel cards.
- Petro-Canada savings: Save 3¢ per litre on fuel and earn 20% more Petro-Points when linking your card to the Petro-Canada loyalty program.
- Annual fee: While this card carries a standard premium card annual fee, the exceptional earn rate at partner grocery stores easily offsets this cost for regular shoppers.
Disclosures:
- *Terms and conditions apply.
Best grocery card for Costco
$324
First Year Value
$0
Annual Value
Get this card if you...
- want to earn cash back with no annual fee
- are an existing Rogers or Fido customer
- want complimentary lounge access
Annual Fee & Annual Interest Rates
$0
Annual Fee
20.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Our Take
The Rogers™ World Elite® Mastercard® is a no-annual-fee credit card offering elevated cash back rates on purchases made in U.S. dollars, with a standard rate on all other eligible purchases. Cardholders benefit from comprehensive insurance coverage, including emergency medical and rental car collision/damage protection, as well as access to over 1,300 airport lounges worldwide through Mastercard Travel Pass provided by DragonPass; however, the card has a high income requirement.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
- Lucrative cash back rates on USD and CAD purchases, especially for Rogers, Fido or Shaw customers
- No annual fee with valuable insurance benefits
- Competitive against foreign transaction fee cards
- Convenient cash back redemption options
- Redemption bonus of 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases
- Travel insurance perks and airport lounge access
Cons
- High income requirement: $80,000 personal or $150,000 household
- Foreign transaction fee applies
- Limited redemption options for statement credits
Annual Interest Rates
20.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
Rewards cash back
3%
Earn 3% unlimited cash back on all eligible purchases made in U.S. dollars.
2%
Earn 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw
1.5%
Earn 1.5% unlimited cash back on eligible non-U.S. dollar purchases.
1.5x Cash Back
Get 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases.
5
Get 5 Roam Like Home days at no cost every year for Rogers mobile plans (up to $80 value).
Insurance Benefits
$1,000,000
Emergency medical insurance amount
3
Emergency medical insurance over 65 days
$65,000
Rental car insurance amount
Our Take
The Rogers™ World Elite® Mastercard® is a no-annual-fee credit card offering elevated cash back rates on purchases made in U.S. dollars, with a standard rate on all other eligible purchases. Cardholders benefit from comprehensive insurance coverage, including emergency medical and rental car collision/damage protection, as well as access to over 1,300 airport lounges worldwide through Mastercard Travel Pass provided by DragonPass; however, the card has a high income requirement.
Eligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
- Lucrative cash back rates on USD and CAD purchases, especially for Rogers, Fido or Shaw customers
- No annual fee with valuable insurance benefits
- Competitive against foreign transaction fee cards
- Convenient cash back redemption options
- Redemption bonus of 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases
- Travel insurance perks and airport lounge access
Cons
- High income requirement: $80,000 personal or $150,000 household
- Foreign transaction fee applies
- Limited redemption options for statement credits
Annual Interest Rates
20.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
Rewards cash back
3%
Earn 3% unlimited cash back on all eligible purchases made in U.S. dollars.
2%
Earn 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw
1.5%
Earn 1.5% unlimited cash back on eligible non-U.S. dollar purchases.
1.5x Cash Back
Get 1.5x more cash back every time you redeem for Rogers, Fido or Shaw purchases.
5
Get 5 Roam Like Home days at no cost every year for Rogers mobile plans (up to $80 value).
Insurance Benefits
$1,000,000
Emergency medical insurance amount
3
Emergency medical insurance over 65 days
$65,000
Rental car insurance amount
- Superior cash back for Rogers customers: Rogers, Fido, and Shaw customers earn an impressive 2% cash back on all Costco purchases, outperforming the CIBC Costco Mastercard's 1% in-warehouse rate.
- Strong base earn rate for non-Rogers customers: Even without Rogers services, this card delivers a competitive 1.5% unlimited cash back on all Costco purchases, still outperforming the co-branded Costco CIBC option.
- No annual fee: Unlike many premium rewards cards that offer comparable grocery rewards, this card costs absolutely nothing to carry, maximizing the value of every dollar earned at Costco.
- Bonus 50% value when redeeming for Rogers services: Rogers customers receive an additional 50% value when redeeming cash back toward Rogers, Fido, or Shaw bills or purchases, effectively boosting the return on Costco shopping to an unmatched 3%.
- Enhanced cash back on USD purchases: Perfect for cross-border Costco shoppers or snowbirds, this card delivers an exceptional 3% back on all purchases made in US dollars.
- Comprehensive insurance package: Enjoy travel medical insurance, trip cancellation/interruption, rental car collision/damage, and purchase protection—benefits rarely found on no-fee cash back cards.
We recommend the card to anyone who makes a substantial amount of purchases at Costco, and particularly to those who also travel with some frequency to the United States.
Disclosures:
- Terms and conditions apply. For full and up-to-date product information and applicable terms and conditions, visit Rogersbank.com. Rogers Bank is not responsible for maintaining or controlling the accuracy of the information published on this website.
Best grocery card for Walmart
$0
First Year Value
$0
Annual Value
Get this card if you...
- want to earn cash back at Walmart
- want to avoid paying an annual fee
- value purchase protection and extended warranty coverage
Annual Fee & Annual Interest Rates
$0
Annual Fee
20.89% - 26.99%
Purchase
22.97% - 27.99%
Cash Advance
Our Take
The Walmart Rewards™ Mastercard® is a no-annual-fee credit card designed for frequent Walmart shoppers, whcih earns Walmart Reward Dollars on purchases made in-store or online at Walmart, and a lower rate back on all other purchases. Cardholders can redeem their Walmart Reward Dollars during checkout at Walmart stores or on Walmart.ca, with a minimum redemption. However, the card lacks extended insurance benefits, and rewards can only be redeemed at Walmart, which may limit its appeal compared to other cash back cards offering more flexible redemption options.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
- No annual fee
- Exclusive offers for cardholders
- Earn up to 1.25% Walmart Reward Dollars™ on everyday spending
- Installment plan option when you spend $199.99 or more, in-store or at Walmart.ca - spread your payment over six installments
Cons
- Rewards can only be redeemed at Walmart
- Higher APR than other low-rate cards on the market
- Installment plant option has a 4% fee and other terms & conditions apply.°
Annual Interest Rates
20.89% - 26.99%
Purchase
22.97% - 27.99%
Cash Advance
Fees
$0
Annual Fee
2.50%
Foreign Transaction
$29
Over The Limit Penalty
Rewards Walmart Rewards
2%
back in Walmart Rewards at any any gas & EV charging station and on transit, taxi, and ride-sharing†
1.25%
back in Walmart Rewards on all purchases made in-store or online at Walmart
1%
everywhere else
Our Take
The Walmart Rewards™ Mastercard® is a no-annual-fee credit card designed for frequent Walmart shoppers, whcih earns Walmart Reward Dollars on purchases made in-store or online at Walmart, and a lower rate back on all other purchases. Cardholders can redeem their Walmart Reward Dollars during checkout at Walmart stores or on Walmart.ca, with a minimum redemption. However, the card lacks extended insurance benefits, and rewards can only be redeemed at Walmart, which may limit its appeal compared to other cash back cards offering more flexible redemption options.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
- No annual fee
- Exclusive offers for cardholders
- Earn up to 1.25% Walmart Reward Dollars™ on everyday spending
- Installment plan option when you spend $199.99 or more, in-store or at Walmart.ca - spread your payment over six installments
Cons
- Rewards can only be redeemed at Walmart
- Higher APR than other low-rate cards on the market
- Installment plant option has a 4% fee and other terms & conditions apply.°
Annual Interest Rates
20.89% - 26.99%
Purchase
22.97% - 27.99%
Cash Advance
Fees
$0
Annual Fee
2.50%
Foreign Transaction
$29
Over The Limit Penalty
Rewards Walmart Rewards
2%
back in Walmart Rewards at any any gas & EV charging station and on transit, taxi, and ride-sharing†
1.25%
back in Walmart Rewards on all purchases made in-store or online at Walmart
1%
everywhere else
The perfect everyday credit card for Canadians who regularly shop for groceries at Walmart:
- Earn big grocery rewards at Walmart.ca: Maximize your rewards with 3X points (as cash back) on all online Walmart purchases, including grocery pickup and delivery orders.
- Solid rewards on in-store purchases: Earn 1.25% back in Walmart Rewards on all purchases made in-store at Walmart. Collect Walmart Rewards on all in-store shopping, including groceries, household items, electronics, and more.
- No annual fee: Unlike many rewards cards, this one costs absolutely nothing to carry, maximizing the value of every point you earn without offsetting costs.
- Simple redemption process: Use your Walmart Rewards in $5 increments directly at checkout in-store or online, with no minimum redemption threshold beyond the $5 increment requirement.
- Stackable with rollback prices: Unlike some store cards, you'll still benefit from Walmart's everyday low prices and special rollbacks while earning rewards on every purchase.
Disclosures:
- *Terms and conditions apply.
Why you need a credit card for groceries in Canada
In today's economic climate, where the average Canadian household spends over $13,000 annually on groceries, having the right credit card for your supermarket runs isn't just smart—it's essential. Food prices in Canada have outpaced general inflation over the past two years, with grocery costs rising nearly 11% in some categories since early 2023.
A well-chosen grocery credit card can effectively return 3-5% of your spending through cash back or points, potentially putting $400-650 back in your pocket each year. Unlike general rewards cards, grocery-specific credit cards are designed to maximize returns on these inevitable weekly expenses, often offering 2-3 times the rewards rate of standard cards.
Pros and cons of grocery cards
- Rewards on groceries: The best grocery credit cards offer exceptional earn rates of 5% cash back or 5x points on grocery purchases or more
- Welcome bonuses: Many grocery credit cards feature attractive sign-up offers that can put immediate cash back or points in your pocket
- Consumer protections: Paying for groceries with a credit card provides additional security compared to cash or debit, often including purchase protection and extended warranty benefits on eligible items
- Brand loyalty: Some grocery cards may earn points in loyalty programs, helping you save even more
- Annual fees: Some grocery cards may charge an annual fee, meaning you'll need to pay for the privilege of points
- Restrictions: Not all grocery purchases qualify for bonus rewards. Many cards exclude warehouse clubs (like Costco), discount stores, and superstores (like Walmart) from their grocery category
- Spending caps: Grocery credit cards may feature a cap on the highest spending categories, limiting your total rewards potential
What's the best grocery credit card by chain?
Grocery chain
Number of locations
Top grocery card pick
Should you get a groceries credit card?
Grocery credit cards can save you significant money on your weekly expenses. If your household spends the national average of $250+ weekly on groceries, even a modest 3% return translates to over $390 annually in rewards—easily offsetting most annual fees.
The key is selecting a card that aligns with where you actually shop rather than chasing the highest advertised percentage. We recommend analyzing your last three months of grocery receipts to identify your primary stores, then choosing a card that maximizes returns at those specific locations.
For most Canadians, the right grocery credit card isn't just a nice-to-have; it's a practical financial tool that delivers consistent value on unavoidable spending, making it one of the simplest ways to combat rising food costs without changing your shopping habits.
Grocery credit card FAQs
Tyler Wade
Personal finance content strategist & writer
Tyler Wade has worked in personal finance for over 5 years writing for brands like Ratehub, Forbes, KOHO, and now Money.ca.
Cory Santos
Senior Reporter
Cory Santos is a finance writer, editor and credit card expert with nearly a decade of experience in personal finance. Cory joined Wise Publishing from BestCards, with bylines in numerous print and digital publications across North America, including the Miami Herald, BlogTO, Debt.ca, AOL, MSN and Medium as well as financial podcasts like KOFE Talk. He's also the creator and author of the annual Money.ca Credit Card Awards.
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The content provided on Money.ca is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.
†Terms and Conditions apply.