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The most effective retailer bank cards in Canada for November 2023

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MoneySense is an award-winning journal, serving to Canadians navigate cash issues since 1999. Our editorial crew of skilled journalists works carefully with main private finance specialists in Canada. That can assist you discover the most effective monetary merchandise, we examine the choices from over 12 main establishments, together with banks, credit score unions and card issuers. Study extra about our promoting and trusted companions.

The most effective retailer bank cards in additional element

Creatures of behavior, rejoice! Your loyal buying behaviours may repay, large time. If you happen to store usually at sure retailers, utilizing a retailer bank card will help you to earn reductions, free items and unique perks by swiping or tapping for on a regular basis purchases. Spending with a retailer bank card may even offer you VIP entry to gross sales. And if you happen to already gather loyalty factors, they’ll possible accumulate even faster with a retailer bank card. Contemplating that these playing cards usually don’t have any annual charge, the explanations to change are racking up faster than your latte expenses. Learn on to see that are the most effective retailer bank cards in Canada for making your each day spending be just right for you.

If you happen to spend at Loblaws, Customers Drug Mart and Esso

PC Monetary World Elite Mastercard*


This bank card brings one thing extra to the desk–get it? Arguably the most effective no charge card credit score for groceries in Canada, the PC Monetary World Elite Mastercard earns you PC Optimum Factors quicker once you store at any of the Loblaw banner shops (Loblaws, No Frills, Superstore, Fortinos, and so on.), Customers Drug Mart and once you replenish at Esso and Mobil gasoline stations.

  • Annual charge: $0
  • Rates of interest: 21.99% on purchases, 22.97% on money advances (21.97% in Quebec)
  • Welcome provide: earn 20,000 PC Optimum factors ($20 worth).
  • Earn fee: 30 factors per $1 at Loblaws shops, PC Journey and Esso; 45 factors per $1 at Customers Drug Mart; 10 factors per $1 all over the place else
  • Extra advantages: Journey emergency medical insurance coverage and automotive rental collision or harm insurance coverage
  • Annual earnings requirement: Private earnings of $80,000 or family earnings of $150,000

The way it works

You rack up the equal of 4.5% money again in PC Optimum Factors at Customers Drug Mart and three% on groceries from Loblaws banner shops. You’ll additionally earn 30 Optimum Factors per litre of gasoline at Esso and Mobil stations—making it among the best retailer bank cards for gasoline in the marketplace—and 1% in PC  factors all over the place else you swipe the cardboard.

The loyalty system is straightforward to know: 10,000 PC Optimum Factors is equal to $10 redeemable in merchandise (or in different phrases, 10 factors = $0.01 or 1%).

You possibly can redeem your factors at nearly 2,500 taking part retail areas together with Loblaws banner shops and Customers Drug Mart/Pharmaprix areas. As quickly as you attain over 10,000 factors, you current your card on the register and the respective low cost is deducted out of your invoice immediately.


This card doesn’t have an annual charge, and it affords free journey emergency medical insurance coverage for as much as $1 million for journeys of 10 days or much less. It additionally comes with automotive rental insurance coverage, buy assurance in case of theft, loss or harm after you purchase an merchandise together with your card and prolonged guarantee on sure objects bought with the cardboard. It additionally has a free 24/7 concierge service for dinner reservations, occasion tickets, reward supply and extra. You can too stack any PC Optimum factors you usually earn on the bank card with personalised affords from the PC Optimum app, in-store factors affords or flyers.


Purchases on sure objects, like tobacco, lottery tickets and prescriptions at shops, don’t earn you PC Optimum Factors. Additionally, whilst you can earn factors at Esso and Mobil gasoline stations, you can’t redeem factors without spending a dime gasoline.

To qualify for the PC Monetary World Elite Mastercard, you want a minimal annual earnings of $80,000 or $150,000 as a family, in addition to a minimal spend of $15,000 yearly. Nevertheless, if you happen to don’t meet these necessities, you’ll robotically be thought of for the PC Monetary World or entry-level PC Monetary Mastercard with lesser earnings and nonetheless earn PC Factors on on a regular basis spending.

If you happen to store at Canadian Tire, Sport Chek and Mark’s 

Triangle Mastercard from Canadian Tire*

If you happen to spend quite a bit on objects to your residence, automotive, sports activities gear and extra, you possibly can gather CT Cash with these purchases. This card rewards you with CT Cash whereas buying at Canadian Tire and different shops beneath the Canadian Tire Company umbrella. It’s value noting that CT Cash has modified: it’s not the enjoyable, Monopoly-style paper payments of an period passed by, and CT Cash racks up electronically now.

  • Annual charge: $0
  • Rates of interest: 20.99% on purchases, 22.99% on money advances, 22.99percenton stability transfers
  • Welcome provide: No welcome provide presently.
  • Earn fee: 4% in CT Cash at Canadian Tire, Sport Chek, Ambiance, Hockey Consultants, Mark’s/L’Équipeur, Celebration Metropolis and taking part and Sports activities Consultants shops.
  • Rewards on every thing else: 1.5% on the primary $12,000 spent on groceries per calendar 12 months (excluding Costco and Walmart); 0.5% on every thing else
  • Annual earnings requirement: None specified
  • Extra advantages: No-fee financing on qualifying purchases of $150 or extra at affiliated retailers, no-receipt returns, personalised affords and member-only occasions

The way it works

The Triangle Mastercard enables you to rack up the equal of 4% money again in CT Cash once you spend at shops beneath the Canadian Tire Company umbrella. Don’t overlook, Canadian Tire affords auto companies, so accumulating (or redeeming) CT Cash may very well be a silver lining to your subsequent flat tire or oil change. What’s extra, if you happen to join the brand new Triangle Choose program, at a value of $89 per 12 months plus tax, you’ll get ten instances the CT Cash on on a regular basis purchases made together with your Triangle Mastercard along with your common in-store Triangle bank card rewards.

When it comes to rewards techniques, it couldn’t be less complicated: $1 in CT Cash is equal to 1 redeemable greenback. You should utilize your CT Cash by presenting your bank card to the cashier.


The Triangle Mastercard boasts no annual charge and in addition affords a no-receipt return coverage at taking part shops and unique financial savings occasions for members.

You can too reap the benefits of their no-fee, no-interest financing program on greater purchases at Canadian Tire (and the aforementioned shops). Principally, once you spend $150 or extra, you’ll be able to cut up it into 24 equal month-to-month funds, so long as you pay your minimal stability due every month. It’s like layaway 2.0.


The reward factors are solely utilized to the value of the bought objects, that means the 4% you’ll earn on purchases at Canadian Tire doesn’t embrace gross sales tax. 

If you happen to store on Amazon Rewards Mastercard

If going to the mall isn’t your factor proper now (completely comprehensible), the Rewards Mastercard may very well be excellent for you. It enables you to earn factors to make use of in direction of reductions in your Amazon purchases (in addition to for buying at Entire Meals, grocery shops and eating places).

  • Annual charge: $0
  • Rates of interest: n/a
  • Earn fee on Amazon and Entire Meals: 2.5% for Prime members and 1.5% for non-Prime Members
  • Earn fee on every thing else: 1% on Canadian purchases, and 2.5% on eligible international foreign money transactions to assist cowl international change charges if you happen to’re a Prime member (in any other case it’s 1%)
  • Revenue requirement: None specified

The way it works

Amazon Prime members get 2.5% in Amazon factors on purchases at and Entire Meals Market shops. If you happen to’re not a Prime member, you get 1.5% on eligible purchases at and Entire Meals shops. You additionally get 1% on eligible purchases elsewhere.

The system is straightforward: Rewards are robotically loaded into your Amazon account when you’ve earned 2,000 factors (equal to $20). You possibly can then use these factors to redeem for Amazon reward playing cards.


This card has no annual charge and in addition affords an awesome welcome bonus: You get 5% again at, Entire Meals Shops, grocery shops and eating places for six months after approval or on the primary $3,000 in eligible purchases, maxing out at $150 in rewards.

Cardholders additionally get 2.5% again on eligible international foreign money transactions, which helps to cowl international transaction charges. If you happen to’re not a Prime member, you get 1% again on international foreign money transactions.


In comparison with playing cards with a big community of shops, that is actually solely value it if you happen to’re a dyed-in-the-wool Amazon shopper. Plus, the Prime membership isn’t complimentary—it’s $79 a 12 months.

If you happen to store at Walmart

Walmart Rewards World Mastercard

Walmart Rewards World Mastercard

If you happen to love an excellent deal, you’re most likely no stranger to the aisles of Walmart. Right here’s how the Walmart Rewards World Mastercard could make these (already rolled-back) {dollars} go additional for you. 

  • Annual charge: $
  • Rates of interest: % on purchases, % on money advances (21.97% for residents of Quebec)
  • Earn fee: earn 3% at, 1.25% in-store in Canada, 1.25% at gasoline stations, 1% all over the place else
  • Welcome provide:
  • Annual earnings requirement: Family earnings of $100,000

The way it works

You’ll earn a hefty 3% when buying on-line at and 1.25% when buying in-store at their brick-and-mortar areas. You’ll additionally get 1.25% once you replenish at any gasoline station (a particular plus if it’s not all the time possible to gasoline up on the similar chain). You’ll additionally earn 1% on purchases wherever else.


This card begins paying off instantly. You can begin redeeming once you gather as little as $5 in rewards. It’s additionally quite simple: $1 Walmart Greenback = $1 in reductions.


That is one other card you must meet a minimal earnings requirement for ($100,000 yearly as a family). If you happen to don’t make the minimize, you possibly can nonetheless qualify for the entry-level Walmart Rewards Mastercard, however earlier than you apply take into account there are some higher reward bank cards to make use of at Walmart.

At 3%, the Walmart Rewards World Mastercard additionally works finest if you happen to do numerous on-line buying at However if you happen to choose to buy in-person, once more, there are higher playing cards out there that earn extra rewards when spending at brick-and-mortar Walmart areas just like the American Categorical SimplyCash Most popular or TD First Class Visa Infinite.

If you happen to store at Costco

Rogers World Elite Mastercard

The CIBC Costco Mastercard is an efficient alternative for loyal Costco buyers. Nevertheless, if you wish to earn probably the most money again in your Costco purchases, there’s a higher choice…

Annual charge: $0
Rates of interest: 19.99% on purchases, 22.99% on money advances, 22.99% on stability transfers
Earn fee: 1.5% money again on all purchases; 3% money again on all U.S.-dollar purchases
Extra advantages: Emergency medical insurance coverage; journey cancellation/interruption safety; rental automotive collision/harm protection; complimentary membership to the Mastercard Journey Cross program
Welcome provide: Earn $25 money again once you make your first buy inside three months of getting the cardboard.
Annual earnings requirement: Private earnings of $80,000 or family earnings of $150,000

The way it works

This money again card affords the best rewards for Costco buyers, even when it’s not particularly tailor-made to prospects of the warehouse membership chain. The CIBC Costco Mastercard provides you 3% money again at eating places and Costco gasoline stations (in your first $5,000 in purchases yearly), 2% money again at different gasoline stations (in your first $5,000 spent) and a pair of% again once you store at (in your first $8,000 spent)—earlier than returning to the bottom fee of 1%. In-store purchases nets you only one% money again. As compared, the Rogers World Elite affords 1.5% money again on all your Costco purchases (each in retailer and on-line), and there’s completely no restrict on the quantity you’ll be able to earn. Oh, and there’s no annual charge, both.


The Rogers World Elite Mastercard comes with an accelerated 3% earn fee on purchases in U.S. {dollars}. That covers the two% international transaction charge. If you happen to continuously store within the U.S., it’s like having a no foreign exchange charge card. Card holders additionally get emergency medical insurance coverage, journey cancellation and interruption safety, and rental automotive collision and harm protection.


One disadvantage of this card is the non-public annual earnings requirement of $80,000, which is excessive in comparison with another playing cards, however the identical as different Credit cards with World Elite advantages. If the earnings requirement or credit score rating are troublesome to attain, the CIBC Costco Mastercard is an efficient different.

Extra of Canada’s finest bank cards:

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