12 Best Cash-Back Credit Cards in Canada for 2025

Stretching Every Dollar with the Right Credit Card

In a world where every dollar counts, choosing the right cash-back credit card can make a significant difference in your financial health. Whether you’re an avid traveler, a grocery shopper, or someone who loves dining out, cash-back cards reward you for spending on the things you already buy. With countless options on the market, finding the best card for your lifestyle can be daunting. To help, we’ve curated a list of the 12 best cash-back credit cards in Canada for 2025, detailing their features, benefits, and ideal users. Read on to discover how to turn everyday purchases into meaningful savings.

1. CIBC Dividend™ Visa Infinite Card

The everyday spender’s dream

The CIBC Dividend™ Visa Infinite* Card is perfect for families and individuals who spend significantly on groceries and gas. It offers 4% cash back on these categories, 2% on transportation, dining, and recurring bills, and 1% on everything else. With a $120 annual fee (waived for the first year) and a reasonable income requirement, it’s a top choice for maximizing everyday purchases.

2. Scotiabank Momentum® Visa Infinite Card

High rewards for recurring expenses

This card stands out with 4% cash back on groceries and recurring payments, 2% on gas and transit, and 1% on all other purchases. A $120 annual fee applies, but the first-year fee waiver and its extensive insurance coverage make it worth considering. If you’re someone who values simplicity and high rewards for subscription-based services, this card delivers.

3. TD Cash Back Visa Infinite Card*

Travel-friendly benefits

Offering 3% cash back on groceries, gas, and recurring bills, the TD Cash Back Visa Infinite* Card is a robust option for everyday spending. With a first-year annual fee rebate and included roadside assistance, this card combines savings with practicality. It also features travel insurance, making it an excellent choice for those who venture beyond their hometown.

4. BMO CashBack™ World Elite™ Mastercard®

Accelerated cash-back on transit

Urban commuters will appreciate the BMO CashBack™ World Elite™ Mastercard® for its 5% cash back on transit for the first three months and 3% afterward. It also offers 1% on all other purchases. With perks like extended warranties and purchase protection, this card is an excellent pick for city dwellers.

5. RBC Cash Back Preferred World Elite Mastercard

Balanced benefits for families

RBC’s offering provides 1.5% cash back on all purchases, which is ideal for those who want a straightforward rewards structure. With no specific category restrictions and a solid insurance package, it’s a great option for families looking to simplify their credit card strategy.

6. Tangerine Money-Back Credit Card

Customizable categories

The Tangerine Money-Back Credit Card is beloved for its flexibility. Cardholders earn 2% cash back on up to three categories of their choice and 0.5% on all other purchases. With no annual fee, it’s a fantastic starter card or a secondary option for diversifying rewards.

7. SimplyCash™ Preferred Card from American Express

Consistent cash back across all purchases

This card delivers 2% cash back on every purchase, making it ideal for those who prefer simplicity. While its $119 annual fee might seem steep, the lack of spending categories makes it an attractive option for those with varied purchasing habits.

8. Rogers™ World Elite Mastercard®

Perfect for digital nomads

The Rogers™ World Elite Mastercard® shines with 3% cash back on USD purchases and 1.5% on everything else. With no annual fee and excellent foreign exchange rewards, it’s a go-to for Canadians who spend a lot online or abroad.

9. KOHO Premium Prepaid Mastercard®

Budgeting with rewards

Unlike traditional credit cards, KOHO offers a prepaid card experience with 2% cash back on groceries, dining, and transportation, plus 0.5% on everything else. Its $84 annual fee and budgeting tools make it ideal for those who want to avoid debt while still earning rewards.

10. Home Trust Preferred Visa

No foreign transaction fees

Travelers on a budget will appreciate the Home Trust Preferred Visa, which eliminates foreign transaction fees and offers 1% cash back on all purchases. With no annual fee, it’s perfect for occasional travelers and online shoppers.

11. MBNA Rewards Platinum Plus® Mastercard

Great for new cardholders

This no-annual-fee card offers 2% cash back on groceries and restaurants and 1% on everything else. With a simple rewards structure and low eligibility requirements, it’s an excellent choice for students and those new to credit.

12. PC Financial World Elite Mastercard®

Big rewards for grocery lovers

Designed for frequent shoppers at Loblaw-affiliated stores, the PC Financial World Elite Mastercard offers up to 45 PC Optimum points per dollar spent. While technically not a cash-back card, its value is undeniable for grocery enthusiasts

Choose the Right Card for Your Lifestyle

Selecting the best cash-back credit card comes down to understanding your spending habits and financial priorities. Whether you’re a frequent traveler, a family-focused shopper, or someone who prefers simplicity, there’s a card tailored to your needs. Each of the 12 cards featured here offers unique advantages, from high rewards on groceries to waived foreign transaction fees. By picking the right card, you can turn everyday expenses into meaningful savings, making 2025 a year of smarter spending. Start comparing and apply for the one that aligns best with your lifestyle to maximize your financial rewards.