Best Cash Back Credit Cards in Canada (2026)

Top cashback credit cards in Canada. Earn real money back on every purchase with no points to manage.

14 cards found

Cash Back points are rewards earned on purchases made with credit cards, providing users with a percentage of their spending back as cash. In Canada, anyone who uses these cards for everyday transactions can benefit, making them a valuable tool for managing finances and maximizing spending power.

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Expert tip: To maximize your Cash Back points, consider using your card for all recurring bills and everyday expenses, ensuring you pay off the balance each month to avoid interest charges.

We ranked these cards based on the welcome bonus value in CAD, followed by the earn rate and then the annual fee.

BMO Ascend World Elite Mastercard

BMO

BMO Ascend World Elite Mastercard

MASTERCARD
CASHBACK
Annual Fee

$150

Welcome Bonus

$500

TRAVEL Rate

5% back

Spend Req.

$1,500 / 3mo

BMO Eclipse Visa Infinite

BMO

BMO Eclipse Visa Infinite

VISA
CASHBACK
Annual Fee

$120

Welcome Bonus

$400

GROCERY Rate

5% back

Spend Req.

$1,200 / 3mo

National Bank World Elite Mastercard

National Bank

National Bank World Elite Mastercard

MASTERCARD
CASHBACK
Annual Fee

$150

Welcome Bonus

$350

GROCERY Rate

5% back

Spend Req.

$1,050 / 3mo

TD Cash Back Visa Infinite

TD

TD Cash Back Visa Infinite

VISA
CASHBACK
Annual Fee

$139

Welcome Bonus

$350

GROCERY Rate

3% back

Spend Req.

$1,050 / 3mo

BMO CashBack World Elite Mastercard

BMO

BMO CashBack World Elite Mastercard

MASTERCARD
CASHBACK
Annual Fee

$120

Welcome Bonus

$200

DINING Rate

5% back

Spend Req.

$600 / 3mo

Tangerine World Mastercard

Tangerine

Tangerine World Mastercard

MASTERCARD
CASHBACK
Annual Fee

Free

Welcome Bonus

$120

RECURRING Rate

2% back

Spend Req.

$360 / 3mo

RBC Cash Back Mastercard

RBC

RBC Cash Back Mastercard

MASTERCARD
CASHBACK
Annual Fee

Free

Welcome Bonus

$100

GROCERY Rate

2% back

Spend Req.

$300 / 3mo

Simplii Financial Cash Back Visa

Simplii Financial

Simplii Financial Cash Back Visa

VISA
CASHBACK
Annual Fee

Free

Welcome Bonus

$100

DINING Rate

4% back

Spend Req.

$300 / 3mo

SimplyCash Card from American Express

American Express

SimplyCash Card from American Express

AMEX
CASHBACK
Annual Fee

Free

Welcome Bonus

$100

GROCERY Rate

1% back

Spend Req.

$300 / 3mo

Tangerine Money-Back Credit Card

Tangerine

Tangerine Money-Back Credit Card

MASTERCARD
CASHBACK
Annual Fee

Free

Welcome Bonus

$100

RECURRING Rate

2% back

Spend Req.

$300 / 3mo

Desjardins Cash Back Visa

Desjardins

Desjardins Cash Back Visa

VISA
CASHBACK
Annual Fee

Free

Welcome Bonus

$50

GROCERY Rate

2% back

Spend Req.

$150 / 3mo

National Bank Syncro Mastercard

National Bank

National Bank Syncro Mastercard

MASTERCARD
CASHBACK
Annual Fee

Free

Welcome Bonus

$50

GROCERY Rate

4% back

Spend Req.

$150 / 3mo

PC Mastercard

PC Financial

PC Mastercard

MASTERCARD
CASHBACK
Annual Fee

Free

Welcome Bonus

$20

GROCERY Rate

3% back

Spend Req.

$60 / 3mo

PC World Elite Mastercard

PC Financial

PC World Elite Mastercard

MASTERCARD
CASHBACK
Annual Fee

Free

Welcome Bonus

$20

GROCERY Rate

3% back

Spend Req.

$60 / 3mo

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