Canada’s best credit cards for gas


  • Annual fee: $0
  • Earn rate on gas: 2 MBNA Rewards Points per $ (up to $5,000 annual spend)
  • Rewards on other purchases: 2 MBNA Rewards Points per $1 spent on grocery and restaurant purchases (up to $5,000 annual spend each); 1 point per $1 on everything else
  • Welcome bonus: Earn 4 points per $1 on eligible purchases, including gas, in the first 90 days; plus up to 10,000 bonus points (5,000 with $500 spent in the first 90 days, and another 5,000 on signing up for paperless statements)
  • Additional benefits: Savings with Avis and Budget car rentals, purchase assurance and extended warranty
  • Income required: None specified

Get more details MBNA Reward Platinum Plus*

PC Financial World Elite Mastercard*

Though more widely known as a grocery card, this no-fee credit card also offers a return of at least 30 PC Optimum points per litre (3%) at Esso and Mobil stations. One of the reasons why the PC Optimum program is so popular is that the points can be redeemed for everyday products and services at Loblaw-affiliated stores, such as Shoppers Drug Mart, starting at 10,000 points (worth $10). Consider, though, that if you don’t frequent Esso and Mobil for gas—or Loblaw banner stores for groceries and drug store purchases—you won’t be able to maximize the benefits on the PC Financial World Elite Mastercard.

  • Annual fee: $0
  • Earn rate on gas: 30 points per litre at Esso and Mobil
  • Rewards on other purchases: 30 points per $1 in Loblaws stores and at PC Travel; 45 points at Shoppers Drug Mart; and 10 points per $1 everywhere else
  • Welcome bonus: None
  • Additional benefits: Travel emergency medical insurance; car rental collision and loss damage protection
  • Income required: $80,000 or $150,000 as a household

Get more details PC Financial World Elite*


Best cash back cards for gas purchases

CIBC Dividend Visa Infinite

With the Dividend Visa Infinite, CIBC offers a strong contender in the cash-back credit card category, especially for drivers, and even more if you add on your grocery bill to this card. With a return of 4% on gas and groceries, this card is designed to put money back in your pocket. There are a few other bonus categories to earn cash back, including 2% on daily transit (including rideshares and public transit), so it’ll bonus rewards on all modes of transit, as well as 2% on dining and recurring payments.

  • Annual fee: $120 (rebated for the first year)
  • Earn rate on gas: 4%
  • Rewards on other purchases: 4% cash back on groceries, 2% on dining, daily transit, and recurring bills, and 1% back on everything else
  • Welcome bonus: Earn 10% cash back for first 4 statement periods ( up to $200)
  • Additional benefits: Emergency travel medical ; car rental collision and loss damage insurance; mobile device insurance
  • Income required: $60,000 or $100,000 as a household

Meridian Visa Infinite Cash Back

This Meridian product shows up on a lot of best-of lists—and for good reason. When it comes to rewards you can’t get more flexible than cash, and this card tops most cash back credit cards in Canada with an extremely competitive 4% back on grocery and gas purchases. Let’s say you spend around $450 on gas every month. At the regular 4% cash back rate, you’ll earn $18 per month, or $216 per year. That’s a pretty decent return, and it doesn’t even include your other non-fuel purchases.

  • Annual fee: $99 (free for first year)
  • Earn rate on gas: 4%
  • Rewards on other purchases: 4% cash back on groceries, 2% on pharmacy and utility bills, and 1% back on everything else
  • Welcome bonus: None
  • Additional benefits: Travel accident, emergency and medical insurance, trip interruption and delay protection, lost baggage insurance, rental car collision and damage protection, purchase protection, extended warranty
  • Income required: $60,000 or $100,000 as a household

Cash back honourable mention

TD Cash Back Visa Infinite*

On face value, the TD Cash Back Visa Infinite is a strong money-back card offering a 3% return on gas, grocery and recurring bill payments (and 1% back on everything else). The return rate on gas would be enough for the card to place on our list, but there’s actually a suite of other incredibly valuable perks that make it a standout for drivers. Card holders have auto rental loss and collision insurance, discounts at Avis and Budget, and complimentary emergency road services through an included Deluxe membership with TD Auto Club. This package includes 24-hour emergency assistance calls, towing, lockout and winching services, traffic accident emergency transportation, meals, accommodations and necessities, and even reimbursement options for costs of issues TD Auto Club was unable to assist with. For frequent commuters or road-trippers, these perks can easily cover the card’s annual fee.

  • Annual fee: $120 (rebated first year)
  • Earn rate on gas: 3% cash back (up to $15,000 annual spend)
  • Rewards on other purchases: 3% cash back on groceries and recurring bill payments (up to $15,000 annual spend each); 1% back on everything else
  • Welcome bonus: 6% cash back for the first 3 months (up to a total spend of $2,000; must apply by May 30, 2021). This offer is not available for residents of Quebec. Quebec residents, please click here.
  • Additional benefits: Automotive benefits like rental insurance, discounts on car rentals and a Deluxe membership with TD Auto Club; travel insurance, including travel medical and delayed or lost baggage; access to Visa Infinite perks, such as concierge services and complimentary room upgrades when you travel
  • Income required: $60,000 or $100,000 as a household

Get more details about the TD Cash Back Visa Infinite*



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