While credit card rewards come in many forms, cash back credit cards remain one of the most popular choices for Canadians looking to earn rewards on their everyday spending. With rising costs of living, these cards offer a straightforward way to earn back a percentage of your purchases, potentially saving hundreds of dollars annually through automatic rebates on everyday expenses.
Best Cash Back Credit Cards in Canada This September 2025
1. CIBC Dividend® Visa Infinite Card
Brief Product Intro: The CIBC Dividend® Visa Infinite Card offers industry-leading cash back rates on everyday essentials, featuring 4% back on gas and groceries plus an impressive welcome bonus of 10% cash back in the first 4 months.
Single Key Metric:
- annual_fee: '$120'
- purchase_interest_rate: '21.99%'
- cash_advance_rate: '22.99%'
- welcome_bonus: '10% cash back for first 4 months (up to $200)'
Key Reward 1:
- key_data_1: '4%'
- key_category_1: 'Gas and Groceries'
- key_category_details_1: 'cash back'
Key Reward 2:
- key_data_2: '2%'
- key_category_2: 'Transportation, Dining, Recurring Payments'
- key_category_details_2: 'cash back'
Key Reward 3:
- key_data_3: '1%'
- key_category_3: 'All Other Purchases'
- key_category_details_3: 'cash back'
Key Features:
- First-year annual fee rebate ($120 value)
- Mobile device insurance included
- Visa Infinite Concierge Services
- Out-of-Province Emergency Travel Medical Insurance (10 days)
Why is it Our Top Pick?
The CIBC Dividend Visa Infinite Card stands out for offering the best-in-market 4% cash back rate on both groceries and gas purchases, complemented by strong 2% earning categories that cover most everyday spending. The generous welcome bonus of 10% cash back plus first-year fee waiver provides immediate value for new cardholders.
Rewards:
- 4% cash back on gas and grocery purchases
- 2% cash back on transportation, dining, and recurring payments
- 1% cash back on all other purchases
- Additional $50 bonus for setting up pre-authorized payments
Pros:
- Industry-leading 4% cash back on gas and groceries
- Comprehensive insurance coverage
- Flexible cash back redemption options
- Strong welcome bonus offer
Cons:
- $120 annual fee after first year
- Minimum income requirement ($60,000 personal or $100,000 household)
- High interest rates on purchases and cash advances
2. Scotiabank Momentum® Visa Infinite Card
Brief Product Intro: The Scotiabank Momentum® Visa Infinite Card delivers premium cash back rewards with an emphasis on grocery and recurring bill payments, offering an attractive 10% welcome bonus and first-year annual fee waiver.
Single Key Metric:
- annual_fee: '$120'
- purchase_interest_rate: '20.99%'
- cash_advance_rate: '22.99%'
- welcome_bonus: '10% cash back for first 3 months (up to $2,000 spend)'
Key Reward 1:
- key_data_1: '4%'
- key_category_1: 'Groceries and Recurring Bills'
- key_category_details_1: 'cash back'
Key Reward 2:
- key_data_2: '2%'
- key_category_2: 'Gas and Daily Transit'
- key_category_details_2: 'cash back'
Key Reward 3:
- key_data_3: '1%'
- key_category_3: 'All Other Purchases'
- key_category_details_3: 'cash back'
Key Features:
- First-year annual fee waiver
- Up to 25% off at AVIS and Budget car rentals
- $25,000 annual spend cap on 4% and 2% categories
- Comprehensive travel insurance package
Rewards:
- 4% cash back on grocery purchases and recurring payments
- 2% cash back on gas and daily transit
- 1% cash back on all other purchases
- Annual spending caps apply to bonus categories
Pros:
- Strong 4% earn rate on groceries and bills
- First-year annual fee waiver
- Competitive welcome bonus
- Comprehensive insurance benefits
Cons:
- $120 annual fee after first year
- Annual spending caps on bonus categories
- Minimum income requirement ($60,000 personal or $100,000 household)
3. Tangerine Money-Back Credit Card
Brief Product Intro: The Tangerine Money-Back Credit Card offers flexible cash back rewards with no annual fee, allowing cardholders to earn 2% back in up to three categories of their choice while earning 0.50% on all other purchases.
Single Key Metric:
- annual_fee: '$0'
- purchase_interest_rate: '20.95%'
- cash_advance_rate: '22.95%'
- welcome_bonus: '10% cash back up to $100'
Key Reward 1:
- key_data_1: '2%'
- key_category_1: 'Two Categories of Choice'
- key_category_details_1: 'cash back'
Key Reward 2:
- key_data_2: '2%'
- key_category_2: 'Third Category'
- key_category_details_2: 'when depositing rewards to Tangerine account'
Key Reward 3:
- key_data_3: '0.50%'
- key_category_3: 'All Other Purchases'
- key_category_details_3: 'cash back'
Key Features:
- No annual fee
- Unlimited cash back rewards
- Choose up to 3 categories for 2% cash back
- Monthly reward deposits
Rewards:
- 10% cash back welcome bonus for first 2 months (up to $100)
- 2% cash back in up to 3 chosen categories
- 0.50% cash back on all other purchases
Pros:
- No annual fee
- Flexible category selection
- Monthly cash back deposits
- Additional category bonus with Tangerine account
Cons:
- Lower base earn rate (0.50%)
- Minimum income requirement ($12,000)
- Higher interest rates compared to some competitors
4. Neo World Elite Mastercard
Brief Product Intro: The Neo World Elite Mastercard stands out with premium cash back rates up to 7% when combined with a Neo Everyday Account, offering enhanced rewards on everyday spending categories like groceries, gas, and recurring payments.
Single Key Metric:
- annual_fee: '$125'
- purchase_interest_rate: '19.99% - 29.99%'
- cash_advance_rate: '22.99% - 31.99%'
- welcome_bonus: 'Up to 15% on first partner purchase'
Key Reward 1:
- key_data_1: '5%'
- key_category_1: 'Groceries'
- key_category_details_1: 'cash back'
Key Reward 2:
- key_data_2: '4%'
- key_category_2: 'Recurring Bills'
- key_category_details_2: 'cash back'
Key Reward 3:
- key_data_3: '3%'
- key_category_3: 'Gas and EV Charging'
- key_category_details_3: 'cash back'
Key Features:
- Premium World Elite Mastercard benefits
- Comprehensive travel insurance
- Higher rewards with Neo banking account
- No hard credit check required
Rewards:
- Up to 7% cash back with Neo Everyday Account
- 5% on groceries base rate
- 4% on recurring payments
- 3% on gas and EV charging
Pros:
- High cash back rates
- Comprehensive travel benefits
- Flexible rewards program
- Instant cash back
Cons:
- High annual fee ($125)
- High minimum income requirement ($80,000)
- Monthly spending caps on categories
- Requires $10,000 balance for highest rewards
5. Simplii Financial Cash Back Visa Card
Brief Product Intro: The Simplii Financial Cash Back Visa Card offers generous cash back rewards on dining with no annual fee, featuring up to 8% cash back on restaurants, bars and coffee shops during the welcome bonus period and ongoing elevated rewards for everyday spending categories.
Single Key Metric:
- annual_fee: '$0'
- purchase_interest_rate: '21.99%'
- cash_advance_rate: '22.99%'
- welcome_bonus: '8% cash back for first 3 months'
Key Reward 1:
- key_data_1: '4%'
- key_category_1: 'Restaurants, Bars & Coffee Shops'
- key_category_details_1: 'cash back up to $5,000 annually'
Key Reward 2:
- key_data_2: '1.5%'
- key_category_2: 'Gas, Groceries, Drugstore & Pre-authorized Payments'
- key_category_details_2: 'cash back up to $15,000 annually'
Key Reward 3:
- key_data_3: '0.5%'
- key_category_3: 'All Other Purchases'
- key_category_details_3: 'cash back with no limit'
Key Features:
- No annual fee
- Purchase security insurance included
- Extended warranty protection
- Mobile device insurance
Rewards:
- 8% cash back on dining for first 3 months (up to $1,000 spend)
- 4% cash back on restaurants and bars (up to $5,000 annually)
- 1.5% on gas, groceries, drugstore purchases (up to $15,000 annually)
Pros:
- No annual fee
- Strong cash back rate on dining
- Multiple bonus categories
- Simple rewards structure
Cons:
- No in-person banking services
- 2.5% foreign transaction fee
- Category spending caps
- Higher income requirement ($15,000 annually)
6. Rogers World Elite Mastercard
Brief Product Intro: The Rogers World Elite Mastercard stands out for its strong rewards on U.S. dollar purchases and no annual fee, making it an excellent choice for cross-border shoppers and Rogers service customers who want enhanced cash back benefits.
Single Key Metric:
- annual_fee: '$0'
- purchase_interest_rate: '20.99% - 25.99%'
- cash_advance_rate: '22.99% - 27.99%'
- welcome_bonus: 'None'
Key Reward 1:
- key_data_1: '3%'
- key_category_1: 'U.S. Dollar Purchases'
- key_category_details_1: 'cash back'
Key Reward 2:
- key_data_2: '2%'
- key_category_2: 'All Other Purchases'
- key_category_details_2: 'cash back with Rogers service'
Key Reward 3:
- key_data_3: '1.5%'
- key_category_3: 'All Other Purchases'
- key_category_details_3: 'cash back without Rogers service'
Key Features:
- 1.5x redemption bonus on Rogers services
- Free additional cards
- 5 free Roam Like Home days annually
- Airport lounge access discounts
Rewards:
- 3% cash back on USD purchases
- 2% cash back on all purchases with Rogers service
- 1.5x redemption bonus on Rogers/Fido/Shaw purchases
Pros:
- No annual fee
- Strong USD purchase rewards
- Enhanced rewards for Rogers customers
- Free additional cards
Cons:
- No welcome bonus
- Limited travel insurance coverage
- Requires Rogers service for best rewards
- High minimum income requirement
7. BMO Eclipse Visa Infinite Card
Brief Product Intro: The BMO Eclipse Visa Infinite Card stands out with its exceptional 5x points earning on everyday categories like dining, groceries, and transit, while offering a compelling welcome bonus worth up to $570 in value.
Single Key Metric:
- annual_fee: '$120 (first year waived)'
- purchase_interest_rate: '21.99%'
- cash_advance_rate: '23.99%'
- welcome_bonus: '60,000 points'
Key Reward 1:
- key_data_1: '5x'
- key_category_1: 'Dining, Groceries, Gas, Transit'
- key_category_details_1: 'points per $1'
Key Reward 2:
- key_data_2: '$50'
- key_category_2: 'Lifestyle Credit'
- key_category_details_2: 'annual credit'
Key Reward 3:
- key_data_3: '1x'
- key_category_3: 'All Other Purchases'
- key_category_details_3: 'points per $1'
Key Features:
- First-year annual fee waiver ($120 value)
- Annual $50 lifestyle credit
- Flexible BMO Rewards points redemption
- Additional card fee of $50
Rewards:
- 5x points on dining, groceries, gas, and transit
- 1x points on all other purchases
- Points can be applied directly to eligible purchases
- Redeem rewards through bmorewards.com
Pros:
- Strong earn rate on everyday categories
- Generous welcome bonus
- Annual lifestyle credit
- First-year fee waiver
Cons:
- $120 annual fee after first year
- High purchase interest rate
- Additional card fee applies
- Limited travel benefits compared to competitors
8. President's Choice Financial® World Elite Mastercard®
Brief Product Intro: As Canada's first no annual fee World Elite Mastercard, this card offers exceptional value for PC shoppers with premium earning rates at Shoppers Drug Mart, Loblaws banner stores, and Esso/Mobil stations.
Single Key Metric:
- annual_fee: '$0'
- purchase_interest_rate: '21.99%'
- cash_advance_rate: '22.97%'
- welcome_bonus: '20,000 PC Optimum points'
Key Reward 1:
- key_data_1: '45'
- key_category_1: 'Shoppers Drug Mart'
- key_category_details_1: 'points per $1'
Key Reward 2:
- key_data_2: '30'
- key_category_2: 'Grocery and Gas'
- key_category_details_2: 'points per $1'
Key Reward 3:
- key_data_3: '10'
- key_category_3: 'All Other Purchases'
- key_category_details_3: 'points per $1'
Key Features:
- No annual fee
- PC Express Pass included
- Up to $1,100 in average annual value
- PC Optimum points program integration
Rewards:
- 45 points/$1 at Shoppers Drug Mart
- 30 points/$1 at Loblaws stores and Joe Fresh
- 30 points/L at Esso and Mobil stations
- 10 points/$1 everywhere else
Pros:
- No annual fee
- Strong earning rate at PC stores
- Complimentary PC Express Pass
- Substantial welcome bonus
Cons:
- Limited value outside PC ecosystem
- High purchase interest rate
- Points only redeemable at PC locations
- Requires minimum income qualification
Final Words
Selecting the right cash back credit card depends largely on your spending habits and lifestyle needs. Before applying, carefully compare annual fees, earning rates, and welcome bonuses to find the card that best matches your spending patterns. Once you've chosen a card, maximize your rewards by using it strategically for purchases that align with its highest earning categories.
