Best Cash Back Credit Cards in Canada
The best cash back credit card in Canada on this site is the Scotia Momentum Visa Infinite Card because it has a $120 annual fee and 4% cash back on Groceries & recurring bill payments (bills, subscriptions).
Cash back credit cards are a straightforward way to earn rewards. Instead of points or miles, you earn a percentage of your spending back as cash, which can be applied to your statement balance or deposited into your bank account. These cards are ideal for people who want simple, tangible rewards without the complexity of points programs.
Last updated October 9, 2026Source: Scotia Momentum Visa Infinite Card issuer page
Key facts
- Annual fee
- $120
- Purchase interest rate
- 20.99%
- Cash advance rate
- 22.99%
- Earn rates
- 4% cash back on Groceries & recurring bill payments (bills, subscriptions); 2% cash back on Gas, EV charging, daily transit (bus/taxi/rideshare), food delivery; 1% cash back on All other purchases
- Welcome offer
- Up to $300 cash back + fee waiver
- Foreign transaction fee
- 2.5%
- Income requirement
- $60,000 personal, or $100,000 household
How do we rank cash back cards?
Cash back cards are listed by overall score, highest first. The score is the same formula used on every card page — it is not reweighted for cash back.
Frequently asked questions
How We Rank
Cash back cards are listed by overall score, highest first. The score is the same formula used on every card page — it is not reweighted for cash back.
Read our full methodology →