Enhanced offer of up to 50,000 Aeroplan points† with the TD® Aeroplan® Visa Infinite* Card Click here to learn more
Advertisement
Credit Card Comparison - Top 10 Cash Back Rewards Cards
Last Updated on April 9, 2024
Here you can compare all of the Cash Back Rewards credit cards that are available in the Canadian market. The charts include costs, earn rates, redemption rules, insurance, benefits and more. Please note other rewards cards that have a cash back option (like travel cards) are not included in these charts.
Recommendation: Due to the size and detail of these charts they are best viewed on a desktop or tablet.
Mobile Users
If you are using a mobile phone, flip to landscape to better use the seach and view the details of the cards. Also clicking the icon will present the results in a list view instead of a chart
Instructions!
Selecting which Credit Cards to Compare
Click on the icon to get a list of the cards which you can select for your comparison
If you only want to compare a couple of cards I recommend unchecking "toggle all" which will clear out all the cards (except for the very first one alphabetically) and then you can select the cards you want to compare (and uncheck the very first if you don't want to have that in your comparison)
View on Full Screen
Click on the icon if you would like to view it as a full screen chart
List View
Click the icon to have the results in a list view instead of a chart
Page Rows
Click the icon to have rows split into pages
While Rewards Canada strives to provide correct and the most up to date information in these charts, changes are inevitable that we may not have been made aware of or have not been able to update by the time you use these charts. We always advise our readers to check the issuer card page for the latest card details. If you do find an error, omission or out of date information in our charts please contact us with the details so that we can update our data as soon as possible.
Top 10 Cash Back Rewards Credit Cards Comparison
Card
SimplyCash® Preferred Card from American Express
BMO CashBack® World Elite®* MasterCard®*
CIBC Dividend Platinum® Visa* Card
CIBC Dividend® Visa Infinite* Card
Desjardins Cash Back World Elite® Mastercard®
Envision Cash Back World Elite Mastercard
Rogers Mastercard
Rogers World Elite Mastercard
Scotia Momentum® Visa* Infinite Card
TD Cash Back Visa Infinite* Card
Card Type
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Cash Back
Annual Fee
$9.99 per month ($119.88/year)
$120
$99
$120
$100
$120
$0
$0
$120
$139
Limited Time Annual Fee Offer
N/A
$0 in the first year
$0 in the first year
$0 in the first year
N/A
N/A
N/A
N/A
$0 in the first year
$0 in the first year
Additional Card Fee
$0
$50
$30
$30
$0 for members ($30 for non-members)
$50
$0
$0
$50
$50 for 1st card $0 for any additional
Interest Rate
21.99%
Purchase † 21.99%
Cash Advance †
20.99%
Purchase 23.99%
Cash Advance
20.99%
Purchase 22.99%
Cash Advance
20.99%
Purchase 22.99%
Cash Advance
19.9%
20.99%
Purchase 22.99%
Cash Advance
19.99%
Purchase 22.99% Cash Advance
19.99%
Purchase 22.99% Cash Advance
20.99%
Purchase 22.99% Cash Advance
20.99%
Purchase 22.99% Cash
Foreign Transaction Fee
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
2.5%
Minimum Income Requirements
N/A
$80,000 (individual)
or $150,000 (household)
$15,000 household
$60,000 personal or $100,000 household annual income
$80,000 personal or $150,000 household annual income
$80,000 personal or $150,000 household annual income
N/A
$80,000 personal or $150,000 household annual income
$60,000 personal or $100,000 household
$60,000 personal or $100,000 household
Current Welcome Bonus
Earn a bonus 10% cash back on all purchases for your first 3 months (up to $2,000 in purchases). 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.
Get up to 10% cash back in your first 3 months
10% cash back in the first 4 statement periods on up to $2,500 in spend
10% cash back in the first 4 statement periods on up to $2,500 in spend
N/A
$150 (awarded as 15,000 points)
10% cash back for the first 3 months up to $100
N/A
Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in total purchases)
Earn 10% in Cash Back Dollars in the first 3 months on Gas Purchases, Grocery Purchases & Pre-authorized payments up to a total spend of $3,500
Welcome Bonus Value
$250
$260
$300
$300
N/A
$150
$100
N/A
$200
$350
Renewal
or Additional Bonus
N/A
N/A
N/A
N/A
N/A
N/A
50% bonus on your earned cash back value when redeemed for Rogers purchases
50% bonus on your earned cash back value when redeemed for Rogers purchases
N/A
N/A
Travel Purchases Earn Rate
2%
1%
1%
1%
1%
1%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
1%
1%
Grocery Purchases Earn Rate
4%^
5%^
3%^
4%^
4%
4%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
1%
3% up to annual cap then 1%
Dining / Food Delivery Purchases Earn Rate
2%
1%
2%^
2%^
3%
2%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
1%
1%
Entertainment Purchases Earn Rate
2%
1%
1%
1%
3%
1%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
1%
1%
Gas & Transit** Purchases Earn Rate (** May include ride share, taxi, etc.)
4% (Gas Only)
4% (Transit)
3%^ (Gas & EV Charging)
3%^
(Gas & EV Charging only)
2%^ (Transit)
4%^
(Gas & EV Charging only)
2%^ (Transit)
3% (Transit and alternative transportation only)
4% (on sustainable transportaiton only) otherwise 1%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
2%
3% (Gas only) up to annual cap then 1%
Drug Store Purchases Earn Rate
2%
1%
1%
1%
1%
1%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
1%
1%
Streaming Services
2%
2%^ (if considered a recurring bill) otherwise 1%
2%^ (if considered a recurring bill) otherwise 1%
2%^ (if considered a recurring bill) otherwise 1%
1%
2%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
4% if considered a recurring bill otherwise 1%
3% if considered a recurring bill up to annual cap otherwise 1%
Other Digital Media, Membership & Household Utility Purchases Earn Rate
2%
2%^ (if considered a recurring bill) otherwise 1%
2%^ (if considered a recurring bill) otherwise 1%
2%^ (if considered a recurring bill) otherwise 1%
1%
2% on select merchants otherwise 1%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
4% if considered a recurring bill otherwise 1%
3% if considered a recurring bill up to annual cap otherwise 1%
Other Recurring Bills that are not part of the two rows above
2%
2%^
2%^
2%^
1%
2% on select merchants otherwise 1%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
4%
3% up to annual cap then 1%
All Other Purchases Earn Rate
2%
1%
1%
1%
1%
1%
2% if you are a Rogers Shaw or Fido customer otherwise 1% unless purchase is in US$ which will earn 2%
2% if you are a Rogers Shaw or Fido customer otherwise 1.5% unless purchase is in US$ which will earn 3%
1%
1%
^ Annual cap on bonus category spending
$30,000 on groceries only
$500 per month groceries, $300 per month transit, $300 per month gas, $500 per month recurring bills
$20,000 for the accelerated categories or $80,000 in gross annual spending
$20,000 for the accelerated categories or $80,000 in gross annual spending
N/A
$20,000 annually for 4% and $20,000 annually for 2%
N/A
N/A
$25,000 annually for the 4% categories plus $25,000 annually for the 2% categories
$15,000 annually on each of Gas Purchases, Grocery Purchases and Pre-Authorized Payment
Minimum cash back rewards amount required to cash out
$0.01
$1
$25
$25
$100
?
$10
$10
$0.01
$25
Cash Back Liquidity (how and when you can cash out)
Once per year in September
Anytime
Anytime
Anytime
Automatically Credited
Anytime
Anytime
Anytime
Once per year
Anytime
Annual Credit
N/A
N/A
N/A
N/A
N/A
N/A
5 Roam Like Home days at no cost every year
5 Roam Like Home days at no cost every year
N/A
N/A
Airport Lounge Access Membership
No
Yes
No
No
Yes
Yes
No
Yes
No
No
Airport Lounge Access Annual Passes
0
0
0
0
0
0
0
0
0
0
Free Global Wi-Fi
No
Yes
No
No
Yes
Yes
No
Yes
No
No
Common Carrier Travel Accident Insurance
$100,000
$500,000
$500,000
$500,000
None
None
None
None
$500,000
None
Flight
Delay Insurance
4 hours
$500 in total
4 hours
$500 in total
None
None
None
None
None
None
4 hours
$500 in total
None
Delayed Baggage Insurance
6 hours
$500 in total
6 hours
$500 per trip
None
None
6 hour up to $500 per person
6 hour up to $500 per trip
None
None
4 hours
$500 in total
up to $1,000 per person
Lost / Stolen Baggage Insurance
$500 in total
up to $750 per person / $2,000 max per trip
None
None
up to $500 per person
up to $500 per trip
None
None
$500 in total
up to $1,000 per person
Damaged Baggage Insurance
$500 in total
up to $750 per person / $2,000 max per trip
None
None
up to $500 per person
up to $500 per trip
None
None
None
None
Trip
Cancellation Insurance
None
None
None
None
up to $500 per person
None
None
up to $1,000 per person / $5,000 max per trip
Yes $1,500 per person
(up to $10,000 per trip)
None
Trip
Interruption Insurance
None
$2,000 per person (max $10,000 per trip)
None
None
up to $1,000 per person
None
None
up to $1,000 per person / $5,000 max per trip
$2,000 per person
(up to $10,000 per trip)
None
Travel Medical Insurance up to 64 years old
15 Days
8 days - up to $5 million
None
10 days
3 days
15 days
None
10 days
15 Days
10 days
Travel Medical Insurance 65+
None
None
None
None
3 days to age 75
None
None
3 days to age 75
None
4 days
Auto
Rental/Loss Damage Insurance
48 Days
Up to $85,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $85,000 MSRP
48 Days
Up to $65,000 MSRP
None
31 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
Hotel / Motel Burglary Insurance
Up to $500
Up to $1,000
None
None
None
None
None
None
None
None
Purchase
Protection
90 Days
up to $1,000 per occurrence
90 Days
Up to $60,000 lifetime
90 Days
Up to $60,000 lifetime
90 Days
Up to $60,000 lifetime
120 Days Up to $50,000 lifetime
90 Days Up to $50,000 lifetime
None
90 Days Up to $60,000 lifetime
90 Days Up to $60,000 lifetime
90 Days Up to $60,000 lifetime
Price
Protection
None
None
None
None
None
None
None
None
None
None
Extended
Warranty Plan
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Up to 2 extra years
Up to 1 extra year
None
Up to 1 extra year
Up to 1 extra year
Up to 1 extra year
Mobile Device Insurance
Up to $1,000
None
None
Up to $1,000
Up to $1,500
Up to $1,000
None
None
Up to $1,000
Up to $1,000
Link
to Apply
This chart was first posted on September 17, 2004 and is updated on a regular basis.
Subscribe to our newsletters
Be sure to subscribe to the Rewards Canada News and RWRDS Bonus Bulletin email newsletters so that you don't miss out on any loyalty program news and offers! You can subscribe to our newsletters here:
American Express
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. Conditions apply
BMO
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
CIBC
This is a digital-exclusive offer.† To be eligible for this offer, you must apply for a new eligible card using the “Learn More” link available on this webpage.†
†Conditions Apply
HSBC
*Terms and Conditions apply ®/TM Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to licence This offer is only available to residents of Canada other than the province of Quebec (Quebec residents eligible for separate offer)
MBNA
‡ ††, ‡, ✪, ***, ††††, Terms and Conditions apply.
This offer is not available for residents of Quebec. For residents of Quebec, please click here.
Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.
The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank..
RBC
Corresponding legal references and product terms are available on the RBC website, which will be available and agreed upon in the customer onboarding process.
TD
† Terms and Conditions apply. Sponsored advertising. The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please click the Apply Now button
