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The most effective retailer bank cards in Canada for November 2023


Nov 11, 2023


Why belief us

MoneySense is an award-winning journal, serving to Canadians navigate cash issues since 1999. Our editorial workforce of educated journalists works carefully with main private finance specialists in Canada. That can assist you discover the most effective monetary merchandise, we evaluate the choices from over 12 main establishments, together with banks, credit score unions and card issuers. Study extra about our promoting and trusted companions.

The most effective retailer bank cards in additional element

Creatures of behavior, rejoice! Your loyal buying behaviours could repay, massive time. For those who store commonly at sure retailers, utilizing a retailer bank card might help you to earn reductions, free items and unique perks by swiping or tapping for on a regular basis purchases. Spending with a retailer bank card may even offer you VIP entry to gross sales. And when you already acquire loyalty factors, they’ll seemingly accumulate even faster with a retailer bank card. Contemplating that these playing cards sometimes haven’t any annual payment, the explanations to modify are racking up faster than your latte prices. Learn on to see that are the most effective retailer bank cards in Canada for making your every day spending be just right for you.

For those who spend at Loblaws, Customers Drug Mart and Esso

PC Monetary World Elite Mastercard*


This bank card brings one thing extra to the desk–get it? Arguably the most effective no payment card credit score for groceries in Canada, the PC Monetary World Elite Mastercard earns you PC Optimum Factors quicker whenever you store at any of the Loblaw banner shops (Loblaws, No Frills, Superstore, Fortinos, and many others.), Customers Drug Mart and whenever you refill at Esso and Mobil fuel stations.

  • Annual payment: $0
  • Rates of interest: 21.99% on purchases, 22.97% on money advances (21.97% in Quebec)
  • Welcome supply: earn 20,000 PC Optimum factors ($20 worth).
  • Earn price: 30 factors per $1 at Loblaws shops, PC Journey and Esso; 45 factors per $1 at Customers Drug Mart; 10 factors per $1 in all places else
  • Further advantages: Journey emergency medical insurance coverage and automobile rental collision or injury insurance coverage
  • Annual earnings requirement: Private earnings of $80,000 or family earnings of $150,000

The way it works

You rack up the equal of 4.5% money again in PC Optimum Factors at Customers Drug Mart and three% on groceries from Loblaws banner shops. You’ll additionally earn 30 Optimum Factors per litre of fuel at Esso and Mobil stations—making it among the finest retailer bank cards for fuel in the marketplace—and 1% in PC  factors in all places else you swipe the cardboard.

The loyalty system is simple to know: 10,000 PC Optimum Factors is equal to $10 redeemable in merchandise (or in different phrases, 10 factors = $0.01 or 1%).

You possibly can redeem your factors at virtually 2,500 collaborating retail places together with Loblaws banner shops and Customers Drug Mart/Pharmaprix places. As quickly as you attain over 10,000 factors, you current your card on the register and the respective low cost is deducted out of your invoice immediately.


This card doesn’t have an annual payment, and it affords free journey emergency medical insurance coverage for as much as $1 million for journeys of 10 days or much less. It additionally comes with automobile rental insurance coverage, buy assurance in case of theft, loss or injury after you purchase an merchandise along with your card and prolonged guarantee on sure objects bought with the cardboard. It additionally has a free 24/7 concierge service for dinner reservations, occasion tickets, reward supply and extra. You may as well stack any PC Optimum factors you commonly earn on the bank card with customized affords from the PC Optimum app, in-store factors affords or flyers.


Purchases on sure objects, like tobacco, lottery tickets and prescriptions at shops, don’t earn you PC Optimum Factors. Additionally, when you can earn factors at Esso and Mobil fuel stations, you can’t redeem factors free of charge fuel.

To qualify for the PC Monetary World Elite Mastercard, you want a minimal annual earnings of $80,000 or $150,000 as a family, in addition to a minimal spend of $15,000 yearly. Nevertheless, when you don’t meet these necessities, you’ll routinely be thought-about for the PC Monetary World or entry-level PC Monetary Mastercard with lesser earnings and nonetheless earn PC Factors on on a regular basis spending.

For those who store at Canadian Tire, Sport Chek and Mark’s 

Triangle Mastercard from Canadian Tire*

For those who spend so much on objects in your residence, automobile, sports activities gear and extra, you may acquire CT Cash with these purchases. This card rewards you with CT Cash whereas buying at Canadian Tire and different shops below the Canadian Tire Company umbrella. It’s price noting that CT Cash has modified: it’s not the enjoyable, Monopoly-style paper payments of an period passed by, and CT Cash racks up electronically now.

  • Annual payment: $0
  • Rates of interest: 20.99% on purchases, 22.99% on money advances, 22.99percenton steadiness transfers
  • Welcome supply: No welcome supply right now.
  • Earn price: 4% in CT Cash at Canadian Tire, Sport Chek, Environment, Hockey Specialists, Mark’s/L’Équipeur, Celebration Metropolis and collaborating and Sports activities Specialists shops.
  • Rewards on every part else: 1.5% on the primary $12,000 spent on groceries per calendar 12 months (excluding Costco and Walmart); 0.5% on every part else
  • Annual earnings requirement: None specified
  • Further advantages: No-fee financing on qualifying purchases of $150 or extra at affiliated retailers, no-receipt returns, customized affords and member-only occasions

The way it works

The Triangle Mastercard helps you to rack up the equal of 4% money again in CT Cash whenever you spend at shops below the Canadian Tire Company umbrella. Don’t overlook, Canadian Tire affords auto providers, so gathering (or redeeming) CT Cash might be a silver lining to your subsequent flat tire or oil change. What’s extra, when you join the brand new Triangle Choose program, at a price of $89 per 12 months plus tax, you’ll get ten instances the CT Cash on on a regular basis purchases made along with your Triangle Mastercard along with your common in-store Triangle bank card rewards.

When it comes to rewards methods, it couldn’t be less complicated: $1 in CT Cash is equal to at least one redeemable greenback. You should utilize your CT Cash by presenting your bank card to the cashier.


The Triangle Mastercard boasts no annual payment and likewise affords a no-receipt return coverage at collaborating shops and unique financial savings occasions for members.

You may as well reap the benefits of their no-fee, no-interest financing program on larger purchases at Canadian Tire (and the aforementioned shops). Mainly, whenever you spend $150 or extra, you’ll be able to break up it into 24 equal month-to-month funds, so long as you pay your minimal steadiness due every month. It’s like layaway 2.0.


The reward factors are solely utilized to the worth of the bought objects, that means the 4% you’ll earn on purchases at Canadian Tire doesn’t embrace gross sales tax. 

For those who store on Amazon

Amazon.ca Rewards Mastercard

If going to the mall isn’t your factor proper now (completely comprehensible), the Amazon.ca Rewards Mastercard might be good for you. It helps you to earn factors to make use of in direction of reductions in your Amazon purchases (in addition to for buying at Entire Meals, grocery shops and eating places).

  • Annual payment: $0
  • Rates of interest: n/a
  • Earn price on Amazon and Entire Meals: 2.5% for Prime members and 1.5% for non-Prime Members
  • Earn price on every part else: 1% on Canadian purchases, and 2.5% on eligible international foreign money transactions to assist cowl international trade charges when you’re a Prime member (in any other case it’s 1%)
  • Earnings requirement: None specified

The way it works

Amazon Prime members get 2.5% in Amazon factors on purchases at Amazon.ca and Entire Meals Market shops. For those who’re not a Prime member, you get 1.5% on eligible purchases at Amazon.ca and Entire Meals shops. You additionally get 1% on eligible purchases elsewhere.

The system is straightforward: Rewards are routinely loaded into your Amazon account when you’ve earned 2,000 factors (equal to $20). You possibly can then use these factors to redeem for Amazon reward playing cards.


This card has no annual payment and likewise affords a terrific welcome bonus: You get 5% again at Amazon.ca, Entire Meals Shops, grocery shops and eating places for six months after approval or on the primary $3,000 in eligible purchases, maxing out at $150 in rewards.

Cardholders additionally get 2.5% again on eligible international foreign money transactions, which helps to cowl international transaction charges. For those who’re not a Prime member, you get 1% again on international foreign money transactions.


In comparison with playing cards with a big community of shops, that is actually solely price it when you’re a dyed-in-the-wool Amazon shopper. Plus, the Prime membership isn’t complimentary—it’s $79 a 12 months.

For those who store at Walmart

Walmart Rewards World Mastercard

Walmart Rewards World Mastercard

For those who love an excellent deal, you’re most likely no stranger to the aisles of Walmart. Right here’s how the Walmart Rewards World Mastercard could make these (already rolled-back) {dollars} go additional for you. 

  • Annual payment: $
  • Rates of interest: % on purchases, % on money advances (21.97% for residents of Quebec)
  • Earn price: earn 3% at Walmart.ca, 1.25% in-store in Canada, 1.25% at fuel stations, 1% in all places else
  • Welcome supply:
  • Annual earnings requirement: Family earnings of $100,000

The way it works

You’ll earn a hefty 3% when buying on-line at Walmart.ca and 1.25% when buying in-store at their brick-and-mortar places. You’ll additionally get 1.25% whenever you refill at any fuel station (a particular plus if it’s not all the time possible to fuel up on the similar chain). You’ll additionally earn 1% on purchases wherever else.


This card begins paying off instantly. You can begin redeeming whenever you acquire as little as $5 in rewards. It’s additionally quite simple: $1 Walmart Greenback = $1 in reductions.


That is one other card it’s a must to meet a minimal earnings requirement for ($100,000 yearly as a family). For those who don’t make the reduce, you may nonetheless qualify for the entry-level Walmart Rewards Mastercard, however earlier than you apply contemplate there are some higher reward bank cards to make use of at Walmart.

At 3%, the Walmart Rewards World Mastercard additionally works finest when you do quite a lot of on-line buying at Walmart.ca. However when you favor to buy in-person, once more, there are higher playing cards accessible that earn extra rewards when spending at brick-and-mortar Walmart places just like the American Categorical SimplyCash Most well-liked or TD First Class Visa Infinite.

For those who store at Costco

Rogers World Elite Mastercard

The CIBC Costco Mastercard is an efficient selection for loyal Costco consumers. Nevertheless, if you wish to earn probably the most money again in your Costco purchases, there’s a higher choice…

Annual payment: $0
Rates of interest: 19.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers
Earn price: 1.5% money again on all purchases; 3% money again on all U.S.-dollar purchases
Further advantages: Emergency medical insurance coverage; journey cancellation/interruption safety; rental automobile collision/injury protection; complimentary membership to the Mastercard Journey Move program
Welcome supply: Earn $25 money again whenever you make your first buy inside three months of getting the cardboard.
Annual earnings requirement: Private earnings of $80,000 or family earnings of $150,000

The way it works

This money again card affords the best rewards for Costco consumers, even when it’s not particularly tailor-made to clients of the warehouse membership chain. The CIBC Costco Mastercard provides you 3% money again at eating places and Costco fuel stations (in your first $5,000 in purchases yearly), 2% money again at different fuel stations (in your first $5,000 spent) and a pair of% again whenever you store at Costco.ca (in your first $8,000 spent)—earlier than returning to the bottom price of 1%. In-store purchases nets you only one% money again. As compared, the Rogers World Elite affords 1.5% money again on your whole Costco purchases (each in retailer and on-line), and there’s completely no restrict on the quantity you’ll be able to earn. Oh, and there’s no annual payment, both.


The Rogers World Elite Mastercard comes with an accelerated 3% earn price on purchases in U.S. {dollars}. That covers the two% international transaction payment. For those who often store within the U.S., it’s like having a no foreign exchange payment card. Card holders additionally get emergency medical insurance coverage, journey cancellation and interruption safety, and rental automobile collision and injury protection.


One downside of this card is the non-public annual earnings requirement of $80,000, which is excessive in comparison with another playing cards, however the identical as different Credit cards with World Elite advantages. If the earnings requirement or credit score rating are tough to attain, the CIBC Costco Mastercard is an efficient different.

Extra of Canada’s finest bank cards:


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