The best grocery credit cards in Canada for 2024

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• With the Scotia Momentum Visa Infinite, you’ll earn a healthy 4% on groceries, as well as subscription services like Netflix and recurring bill payments, while transportation costs (including Uber) and gas earn at 2%.

• If you’re looking for the best no-fee cash back grocery credit card, look no further. The 3% cash back on grocery purchases, no annual fee, and solid earn rates in other categories have made this card is a standout in the category. Keep in mind, though, that earnings are capped at $500 spent per statement period, so if you spend more than $500 per month on groceries, you’ll want to consider another card in order to reap the full benefits.
• In addition to earning cash back on groceries, this card earns you 1% on recurring bill payments and an unlimited 0.5% on other spending. You can choose when to redeem cash back, in increments as little as $1; you can also set up automatic recurring redemptions of $25 or more.

• Every Tangerine Money-Backcardholder is given a 2% return on spending in two categories of their choice, of which groceries is one. (There are 10 categories in total, including drug store, gas, hotel and motel accommodations, restaurants, furniture, recurring bill payments, home improvement, entertainment, and public transportation and parking.) Plus, you can earn 2% on a third category of your choice just by having your rewards deposited into your Tangerine Savings Account.
• In addition to being a no-fee card, this is a stand-out because your cash-back earnings are unlimited, meaning that your regular 2% earnings don’t have a cap. While this card doesn’t offer too much in the way of perks, like the card above, it currently has an attractive welcome offer.

• When it comes to can’t-avoid-it expenses, gas and groceries top the list. Our pick for the best gas and grocery credit card in Canada was a draw, with each card boasting 4% cash back on both filling your tank and your fridge, as well as some pretty decent earn rates in other categories and perks. Which card you choose will really depend on where you tend to spend more, and what perks are most useful to you.
• This credit card offers compelling earn rates on all types of food purchases—with 4% cash back on groceries and 2% on dining (including take out and food deliveries). And you will earn 4% on gas as well helping you earn at the pump while on your way to earn at the grocery store. Plus, save up to $0.10 per litre at participating Chevron, Ultramar and Pioneer gas stations when you link your card with Journie Rewards.

• Aside from 4% cash back on groceries and gas—two very popular spending categories—the Meridian Visa Infinite remains strong by offering 2% back on drug store purchases and recurring bills. The 1% regular rate on everything else is pretty standard but the annual fee of $99 is fairly accessible (and it’s waived for the first year). The Meridian has some good included insurance and carries the increasingly popular mobile device coverage. 

• With about 2,500 stores operating under the Loblaw company banner, including the economy brand No-Frills, the big-box Real Canadian Superstore and the market-style Fortinos, it’s safe to say the PC World Elite is a useful card for many Canadians.
• The PC World Elite Mastercard is the country’s first no-fee elite-level card. Shoppers who pay with this card will earn a whopping 30 PC Optimum points per $1 on grocery purchases (equivalent to 3.0%) at any Loblaw banner store and at PC Travel; 45 points per $1 at Shoppers Drug Mart; and 10 points per $1 everywhere else. Gas purchases at Esso and Mobil earn at least 30 points per litre, making this an all-around valuable card for everyday living expenses. PC Optimum points are easily redeemed at the checkout counter starting at 10,000 points (which is equal to $10) and can be used on any products in participating stores. 
• A drawback to this card is the $80,000 minimum annual income requirement (or $150,000 for the household), which will put it out of reach for some. However, there are related PC Financial credit cards with slightly lower earn rates for those who can’t meet the threshold.

• For those who want to turn their grocery purchases into world travel, the American Express Cobalt is here to help. There are a few standout elements of this card, starting with the unique payment structure that bills the annual fee in monthly installments of $12.99. The earn rate on groceries as well as dining out and food delivery services is a very competitive 5 points per $1. 
• Because this is a travel-based card, it should come as no surprise that there are some sweet perks geared toward frequent flyers and drivers, like emergency medical coverage and car rental theft and damage coverage. Cardholders are also eligible for a credit on amenities at participating hotels. 
• It does bear mentioning that because this is an American Express card, it is not accepted at every store—but if you’re a shopper at Food Basics, Longo’s, McEwan, Metro, Pusateri’s, Rabba, Safeway, Sobeys or Whole Foods, you’re golden. Loblaw banner stores, including No-Frills, do not accept Amex.

• Want to earn points toward next year’s vacation while you cover this week’s grocery haul? Here’s how it works with the Scotiabank Gold: For every point you earn, you get $0.01 redeemable toward travel, which is easy to figure out and calculate. Just think of it like a cash-back credit card with 1% earn rate toward travel savings.
• While we’re comparing the two, it’s worth noting that the American Express Cobalt has an edge on the Scotiabank Gold American Express card since the former lets you get 15% to 75% more value out of your points through Amex’s fixed points travel chart or by transferring points to hotel loyalty programs. Neither are available with the Scotiabank Gold. That said, the Scotiabank Gold American Express is still a great card. Plus, the Scotiabank Gold American Express has some great perks that the Cobalt doesn’t, like no foreign transaction fees and additional points on entertainment and streaming services.