💳 Cashback Cards · March 2026
Best Cashback Credit Cards
in Canada 2026
Earn real money back on every purchase. Here are the best cashback credit cards in Canada ranked by earn rate, welcome bonuses, and fees — including options for people with no credit history.
Top Cashback Cards Ranked
1% cashback on all purchases, 0.5% on groceries/transport. Plus a $100 signup bonus with code 45ET55JSYA. No credit check, works for newcomers, no minimum income. The prepaid design means you can never overspend. Best starter cashback card — especially if you're building credit or new to Canada.
No credit checkNewcomer-friendlyPrepaid (not credit)
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Best flat-rate cashback card in Canada with no fee. 1.5% on everything, 3% on foreign currency purchases (net of 2.5% FX fee = 0.5% net benefit). Requires $15,000+ annual household income or $25,000+ annual spend on Rogers products. Best for those who want simplicity over category bonuses.
Income requirementNo annual fee
2% cashback on 2 categories of your choice (groceries, gas, restaurants, drug stores, etc.), 0.5% on everything else. No fee. Add a 3rd 2% category by depositing into a Tangerine savings account. Highly flexible — best for people who want to optimize categories without paying a fee.
Pick your categoriesNo annual fee
Highest grocery cashback rate in Canada at 4%. Also 4% on gas, 2% on drug stores and transit. $120 annual fee pays off if you spend $500+/month on groceries and gas combined. Best for families with high grocery spend.
5%+ cashback at 10,000+ Canadian partner merchants (Esso, Sport Chek, Goodfood, etc.), 1%+ everywhere else. No annual fee. Easy approval. Great second card to stack with a flat-rate card — use Neo at partners, use Rogers or Tangerine everywhere else.
Quick Comparison
| Card | Best Rate | Base Rate | Annual Fee | Welcome Bonus |
|---|
| Scotia Momentum Visa Infinite | 4% groceries | 1% | $120 | $200 first year |
| Tangerine Money-Back | 2% (2 categories) | 0.5% | $0 | $200 first year |
| Rogers World Elite | 1.5% everywhere | 1.5% | $0 | None |
| KOHO Free | 1% + $100 bonus | 1% | $0 | $100 (code 45ET55JSYA) |
| Neo Financial | 5%+ at partners | 1% | $0 | $75 |
| CIBC Dividend Visa | 3% groceries | 1% | $0 | $200 first year |
| BMO CashBack Mastercard | 3% groceries | 0.5% | $0 | 5% first 3 months |
| PC Financial Mastercard | 3% groceries (PC stores) | 1% | $0 | PC Optimum points |
Frequently Asked Questions
What is the best cashback credit card in Canada for 2026?
For most Canadians: Tangerine Money-Back Card for flexible 2% categories with no fee. Rogers World Elite for unlimited flat-rate cashback. Scotia Momentum Visa Infinite for maximum groceries/gas cashback (if you spend enough to justify the $120 fee). KOHO for those who need no credit check or are building credit.
Can I get a cashback card with no credit history in Canada?
Yes. KOHO's prepaid Visa gives 1% cashback with absolutely no credit check. Neo's secured credit card gives up to 5% cashback at partners and requires a security deposit instead of credit history. Capital One also has secured credit card options for those building credit.
Should I use a cashback or travel points credit card?
Cashback cards are simpler and more flexible — 1% back is worth exactly 1 cent per dollar, always. Travel points cards can offer higher theoretical value but require knowing how to redeem well. If you travel frequently and will optimize redemptions, travel cards can be worth 2–5 cents per point. For most people, cashback is better.
How do I maximize cashback in Canada?
Use a category card (Tangerine or Scotia Momentum) for groceries and gas, and a flat-rate card (Rogers World Elite) for everything else. Add Neo Financial for partner merchants. Collect the KOHO signup bonus. This stack can earn 2–4% effective cashback on most spending without any annual fee.
Related guides
Start earning cashback today — no credit check needed
KOHO code 45ET55JSYA · $100 bonus · 1% cashback · No credit check
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Disclosure: Bremo earns referral commissions on KOHO signups. Credit card terms and rates subject to change — verify at each issuer's website. Information as of March 2026.