1.American Express Cobalt® Card
American Express
- 5%Points on eligible eats and drinks
- 3%Points on eligible streaming subscriptions
Earn up to 15,000 Membership Rewards® points by earning 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 on your Card.
Earn 5 points for every $1 on eligible eats & drinks including eligible restaurants, bars, cafes, grocery stores, and food delivery in Canada, up to $2,500 monthly.
The American Express Cobalt® Card stands out as the top choice because it offers exceptional rewards on dining and groceries, making it ideal for food lovers. With a robust points structure and flexible redemption options, it earns the #1 spot due to its high earning potential and valuable welcome bonus.
Pros:
- High rewards on dining and groceries
- Flexible Membership Rewards points
Cons:
- Monthly fee for non-Quebec residents
- High interest rates
2.Scotiabank Gold American Express Card
Scotiabank
- 6%Scene+ points at select grocery stores
- 5%Scene+ points on groceries
Earn up to 50,000 bonus Scene+ points.
Earn 6 Scene+ points per $1 spent at Sobeys, Safeway, FreshCo and more.
What sets the Scotiabank Gold American Express Card apart is its high earning potential on grocery purchases, making it a top-tier choice for shoppers. With no foreign transaction fees and a generous welcome bonus, it provides significant value for frequent travelers and grocery shoppers alike.
Pros:
- High rewards on grocery spending
- No foreign transaction fees
Cons:
- Annual fee
- Limited to specific stores for maximum rewards
- 5%Points on eligible purchases
Earn up to 30,000 bonus MBNA Rewards Points.
Earn 5 points per $1 on eligible restaurant, grocery, digital media, membership, and household utility purchases.
The MBNA Rewards World Elite Mastercard shines for its high earning rates on everyday purchases, making it a strong contender for those who spend frequently on groceries and dining. With a comprehensive rewards program and valuable insurance coverage, it offers a compelling value proposition for cardholders.
Pros:
- High earning rates on everyday spending
- Includes various insurance benefits
Cons:
- Annual fee
- Limited bonus categories
- 4%Cash back on gas and groceries
- 2%Cash back on all other purchases
Earn a total welcome value of up to CA$350.
Earn 4% cash back on gas and groceries, plus up to 2% on everything else.
The CIBC Dividend Visa Infinite Card is the best option for those who want to maximize their cash back on everyday expenses, particularly gas and groceries. With a generous welcome bonus and a strong cash back structure, it provides excellent value for frequent spenders.
Pros:
- High cash back on gas and groceries
- 10% cash back for the first 4 months
Cons:
- Annual fee
- Limited to specific categories for high rewards
5.PC World Elite Mastercard
PC Financial
- 3.5%Points at Shoppers Drug Mart®
- 2%Points at participating grocery stores
Earn 50,000 PC Optimum™ points when you spend $100 or more at participating stores within 60 days of account approval.
Earn 3.5% back in points at Shoppers Drug Mart® stores and 2% back in points at participating grocery stores.
The PC World Elite Mastercard is a standout choice for those who frequently shop at grocery stores and Shoppers Drug Mart, offering high rewards without an annual fee. Its unique earning structure makes it a valuable addition for anyone looking to maximize their grocery spending.
Pros:
- No annual fee
- High rewards at grocery stores
Cons:
- High interest rates
- Limited to specific stores for maximum rewards
6.Tangerine Money-Back Credit Card
Tangerine
- 2%Cash back in customizable categories
- 0.5%Cash back on all other purchases
Earn up to CA$100 in cash back in your first 3 months.
Earn unlimited 2% cash back in up to three customizable spending categories, plus 0.5% back on all other purchases.
The Tangerine Money-Back Credit Card is an excellent choice for those who want flexibility in their cash back rewards. With no annual fee and customizable categories, it allows cardholders to maximize their rewards based on their spending habits.
Pros:
- No annual fee
- Customizable cash back categories
Cons:
- Lower cash back on non-category purchases
- Limited to three categories
- 5%Cash back on groceries
- 4%Cash back on transit
- 3%Cash back on gas
- 2%Cash back on recurring bills
Offers up to CA$650 in total first-year value.
Earn 5% on groceries, 4% on transit, 3% on gas, and 2% on recurring bills.
The BMO CashBack World Elite Mastercard features a tiered cash back structure that rewards everyday spending, making it a strong choice for those who frequently shop for groceries and use public transit. With a substantial welcome bonus and waived first-year fee, it provides excellent value for new cardholders.
Pros:
- High cash back on groceries and transit
- First-year annual fee waived
Cons:
- Higher annual fee
- Limited to specific categories for maximum rewards
8.Simplii Financial Cash Back Visa Card
Simplii Financial
- 4%Cash back at restaurants and bars
- 1.5%Cash back on groceries, gas, drugstores, and pre-authorized payments
Earn up to CA$100 cash back in your first 3 months.
Earn up to 4% cash back at restaurants and bars, 1.5% on groceries, gas, drugstores, and pre-authorized payments.
The Simplii Financial Cash Back Visa Card is a great option for those who dine out frequently, offering high cash back rewards on restaurant purchases. With no annual fee and a straightforward cash back structure, it appeals to budget-conscious consumers.
Pros:
- No annual fee
- High cash back on dining
Cons:
- Limited cash back on non-dining purchases
- Foreign transaction fee
Did you know?
Grocery credit card bonuses may exclude warehouse clubs or superstores. Read category definitions and compare fees against extra earn on food you buy every week.
Final Words
As you consider the best grocery credit cards this September, remember that the right choice can significantly enhance your rewards and savings. Take time to compare your options carefully to ensure you make an informed decision that aligns with your spending habits and financial goals.
Frequently Asked Questions
The American Express Cobalt® Card offers a welcome bonus of Earn up to 15,000 Membership Rewards® points by earning 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 on your Card. You can earn 5 points for every $1 on eligible eats & drinks including grocery stores, up to $2,500 monthly.
With the Scotiabank Gold American Express Card, you can earn a welcome bonus of Earn up to 50,000 bonus Scene+ points. The card provides 6 Scene+ points per $1 spent at Sobeys, Safeway, FreshCo, and other select grocery stores.
The MBNA Rewards World Elite Mastercard offers a welcome bonus of Earn up to 30,000 bonus MBNA Rewards Points. You will earn 5 points per $1 on eligible grocery purchases, making it a great option for frequent shoppers.
When selecting a grocery credit card, consider the annual fee, rewards rate, and any welcome bonuses. Also, look for cards that offer higher points for grocery purchases and assess your shopping habits to maximize your rewards.
Many grocery credit cards charge an annual fee, which can vary widely. It's important to weigh the benefits and rewards earned against the cost of the fee to see if it aligns with your spending habits.
To maximize rewards, use your grocery credit card exclusively for grocery purchases and ensure you meet any spending requirements for welcome bonuses. Additionally, take advantage of promotional offers and stay informed about any changes to the rewards program.
Applying for a grocery credit card typically involves filling out an online application form, providing personal and financial information, and agreeing to a credit check. Approval can often be received quickly, sometimes within minutes.
