Home › Best Cash Back Credit Cards Canada 2025
Updated March 2025

Best Cash Back Credit Cards Canada 2025

Cash back credit cards are the simplest way to earn rewards in Canada — no complicated points systems, no expiry dates, just cash back deposited to your account. We've ranked Canada's top cash back cards for 2025.

Top Picks for 2025

Ranked by overall value — rates, fees, features, and Canadian-specific benefits.

KOHO Note: KOHO (code 45ET55JSYA) offers up to 5% cashback at partner merchants with no credit check required — great for those who don't qualify for traditional credit cards or want to avoid credit card debt.

1
KOHO Extra
2% on groceries, dining, transit

Bonus/Welcome: $100 (code 45ET55JSYA)

Pros: No credit check, no FX fees, $100 bonus, credit building option

Cons: Monthly fee for 2% rate, not a traditional credit card

Get $100 Bonus with KOHO →
Annual Fee$9/month or free tier available
Earn Rate2% on groceries, din
2
Tangerine Money-Back Mastercard
2% on 2 categories of your choice

Bonus/Welcome: 2% on select categories for first 3 months

Pros: No annual fee, flexible category choice, cashback deposited monthly

Cons: 2% only on 2 categories, 0.5% on everything else

Annual Fee$0
Earn Rate2% on 2 categories o
3
SimplyCash Preferred (Amex)
2% on everything

Bonus/Welcome: 4% for first 6 months

Pros: Flat 2% everywhere, strong rewards rate

Cons: $99 fee, Amex not accepted everywhere

Annual Fee$99/year
Earn Rate2% on everything
4
Rogers Mastercard
3% on US dollar purchases, 1.5% CAD

Bonus/Welcome: Up to $50 in first month spend

Pros: No annual fee, great for US purchases, 1.5% everywhere

Cons: Best benefit for Rogers/Shaw customers

Annual Fee$0
Earn Rate3% on US dollar purc
5
BMO CashBack World Elite
5% groceries, 4% transit, 2% recurring

Bonus/Welcome: $200 welcome bonus

Pros: High grocery rate, travel insurance

Cons: $120 fee, income requirement

Annual Fee$120/year
Earn Rate5% groceries, 4% tra
6
CIBC Dividend Visa Infinite
4% groceries, 2% gas/EV, 1% everywhere

Bonus/Welcome: 10% for first 4 months

Pros: Strong grocery rate, travel benefits

Cons: $99 fee, income requirements

Annual Fee$99/year
Earn Rate4% groceries, 2% gas

Get $100 Free with KOHO

$100 Cash Bonus

No credit check required. Earn cashback + interest. Canada's best everyday spending account.

45ET55JSYA


Claim Your $100 →

Frequently Asked Questions

What is the best no-fee cash back card in Canada?
The Tangerine Money-Back Mastercard is the top no-fee cash back card at 2% in up to 3 categories. Rogers Mastercard offers 1.5% on all CAD purchases with no annual fee. KOHO's free tier earns 1% on groceries and transit.
Is KOHO a cash back credit card?
KOHO is a Visa prepaid card — not technically a credit card but it earns cashback on purchases like one. KOHO doesn't require a credit check and earns up to 5% at partner merchants. Get $100 bonus with code 45ET55JSYA.
How does cash back work in Canada?
Cash back is a percentage of your purchases returned to you. On a $1,000/month spend at 2% cash back, you earn $20 back. Annual cash back at 2% on $12,000 spending = $240. Cash back is typically credited monthly or annually to your credit card statement.
What is the best cash back card for groceries in Canada?
BMO CashBack World Elite offers 5% on groceries (capped). CIBC Dividend Visa Infinite offers 4% on groceries. Tangerine Money-Back offers 2% with groceries as a selectable category — all at different fee levels. Choose based on your annual grocery spend vs. card fee.