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Canada's 14 Best Gas Credit Cards of September 2025
Published Sep 12, 2025 5:37 AM UTC • 8 min read
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FinlyWealth's credit cards content, including rankings and recommendations, is overseen by a team of engineers and writers who specialize in credit cards, banking, and personal finance. Our work has been featured in The Globe and Mail, GoBankingRates, and AOL. Our proprietary analysis systems evaluate product features, terms, and conditions to deliver comprehensive reviews and comparisons while maintaining strict editorial standards for accuracy and integrity.
Everyday expenses add up, especially in this economy.
If you're constantly fuelling up on gas and are just as frequently frustrated by the cost of it, then it might be time to find a credit card that will optimize this type of purchase.
In this blog post, we’ve rounded up the best gas credit cards in Canada across several categories. Choose between gas cards that specialize in cashback, points, no annual fees, or those that also come with some travel perks.
Best Overall Credit Card for Gas Expenses
Our choice for: Highest cash back for everyday spending
APPLY NOW
on American Express' website
Welcome Bonus
Up to $250 ($200 in first year)
Rewards Rate
2% - 4%
Cash Back
Annual Fee
$119.88⁕
$9.99 Paid Monthly
⁕ For Quebec, $119/year
Interest Rates
21.99%* / 21.99%*
The Simply Cash Preferred is one of the best cashback credit cards in Canada. The base cashback rate of 2% is great for all purchases, but the 4% on groceries and gas, which are two of the highest expenses for most people is the cherry on top of their great cashback program.
Pros
- Highest cashback rate on groceries and gas in Canada
- Great base cashback rate for all purchases
- 10 different insurance types included
Cons
- Cash back is only paid out to you once a year
- American Express has a lower merchant acceptance compared to Visa or Mastercard
Rewards
- 4% cash back on eligible gas station purchases in Canada
- 4% cash back on eligible grocery purchases in Canada (up to $1,200 cash back annually)
- 2% cash back on all other eligible purchases
Insurance
Coverage
Emergency Out of province Medical
$5M/insured Person
Flight Delay
$500Baggage Delay
$500
Hotel Burglary Insurance
$500
Lost or Stolen Baggage
$500
Travel Accident
$100,000.svg)
Car Rental Damage & Theft
$85K up to 48 days
Mobile Device Insurance
$1,000
Purchase Protection
90 days
Extended Warranty
1 year
Benefits
Details
Amex Experiences™
Access events and special offers curated for Cardmembers with Amex Experiences™
Eligibility
Credit Score
GoodAnnual Income
N/A
**Terms and conditions apply.
If you have 2 separate missed Payments, the applicable rates for your account will be 25.99%. If you have 3 or more separate missed payments, the applicable rates will be 29.99%.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment. Check here for full details and current product information.
Let's start with the best overall gas credit card: the SimplyCash Preferred Card from American Express.
With this card, cardholders unlock some of the highest cashback rates on gas (4%), not to mention similarly high rates on groceries, plus an above-average base rate on all other eligible purchases. For the first few months of membership, members receive even higher cashback rates on all purchases, making the first handful of fuel top-ups that much more lucrative.
The rewards program is backed up by a strong list of insurance categories, plus American Express Experiences.
What makes this gas credit card the best amongst its closest competitors is the fact that you don't need to do anything extra to achieve its high gas reward rate, compared to competitors that require savings or partner purchases to achieve similar optimization.
So, if you're looking for amazing gas optimization up-front (especially during the first few months of membership), look no further than the SimplyCash Preferred Card from American Express.
Best Points Credit Cards for Gas Expenses
For those who would rather tap for points at the gas pump, we’ve got some great contenders to consider:
Our choice for: Overall Best Credit Card in Canada, great at earning points to be used for travelling
APPLY NOW
on American Express' website
Welcome Bonus
Up to 15,000 Membership Rewards® points
Rewards Rate
1x - 5x points
Points
Annual Fee
$155.88⁕
$12.99 Paid Monthly
⁕ For Quebec, $150/year
⁕ IMPORTANT NOTICE: Effective November 5, 2025, the monthly fee for non-Quebec residents will increase to $15.99 per month ($191.88 annually), and the annual fee for Quebec residents will increase to $191.88 per year.
Interest Rates
21.99%* / 21.99%*
This card was voted the Best Credit Card in Canada by FinlyWealth. The rewards earned on this card for a person with average spending exceed those of other credit cards in Canada by a huge margin! In addition, this card has a good benefits coverage, a flexible amex cobalt bonus points redemption program (1:1 transfer to Aeroplan® or Avios), making it the best candidate to become the main credit card for the majority of people.
Pros
- Amex cobalt credit card Points can be transferred to Air Canada Aeroplan® at a 1:1 ratio, making this card a solid Aeroplan® points earner as an alternative to Aeroplan® branded credit cards
- Generous welcome amex cobalt bonus points of up to 15,000
- 4+ different ways of redeeming your points for great value
- 10 different types of insurance, including travel
- Excellent Amex cobalt bonus offers
- Often referred to as the Best Credit Card in Canada
Cons
- Less acceptance of American Express at different merchants across Canada
- Not all types of travel insurance are covered, especially trip cancellation and interruption insurance
Rewards
- 5x points per $1 spent on eligible eats and drinks in Canada, including groceries and food delivery (up to 12,500 points per month)
- 3x points per $1 spent on eligible streaming subscriptions in Canada
- 2x points per $1 spent on eligible gas, transit & ride share in Canada
- 1x point per $1 spent on all other purchases
Insurance
Coverage
Emergency Out of province Medical
15 days, up to $5M (if under age 65)Flight Delay
$500Baggage Delay
$500Hotel Burglary Insurance
$500Lost or Stolen Baggage
$500Travel Accident
$250,000Car Rental Damage & Theft
yesMobile Device Insurance
$1,000Purchase Protection
90 daysExtended Warranty
Up to 1 year
Benefits
Details
Amex Experiences™
Access Front Of The Line® Amex Presale & Reserved Tickets to some of your favourite concerts and theatre performances and special offers and events curated for Cardmembers with Amex Experiences™.svg)
Travel Credit
Book two or more consecutive nights at participating properties through The Hotel Collection with American Express Travel to receive a $100 credit for amenities or a complimentary room upgrade, if available.
Eligibility
Credit Score
FairAnnual Income
N/A
**Terms and conditions apply.
If you have 2 separate missed Payments, the applicable rates for your account will be 25.99%. If you have 3 or more separate missed payments, the applicable rates will be 29.99%.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment. Check here for full details and current product information.
At first glance, it might not seem like the American Express Cobalt Card optimizes its gas category that much. However, when you consider how much American Express Membership Rewards points are worth overall, plus all of the other perks that make this card “the best credit card in Canada,” you’ll see why it’s the top contender.
The real top-notch earning categories on this card are its dining, groceries, and food delivery categories, followed by eligible Canadian streaming subscriptions, then a specialized category for gas, transit, and ride shares.
The American Express Cobalt Card’s coverage is also quite comprehensive – adding protections like flight and baggage delay, hotel burglary insurance, and lost or stolen baggage coverage.
Sure, this card comes with an annual fee, but the cost is ultimately offset through its impressive annual value.
All things considered, this points card earns its reputation as the best by being a card that balances value on everyday purchases including gas (through its rewards program) and travel (through its perks, coverage, and redemption options).
Our choice for: Great rewards, travel benefits and no FX fees
APPLY NOW
on Scotiabank's website
Welcome Bonus
Up to 50,000 Scene+ points ($500 value)
Rewards Rate
1x - 6x Scene+ points
Points
Annual Fee
$120 $0
Interest Rates
20.99% / 22.99%
The Scotiabank Gold American Express® Card is one of our favorite cards. It has a very solid rewards program, earning one of the highest rewards among all credit cards in Canada. In addition, it offers comprehensive travel benefits, including the rare and valuable no foreign transaction fee benefit, making it a great and balanced credit card in terms of both rewards and benefits. The first-year annual fee waiver is the cherry on top, providing even greater value to cardholders.
Pros
- No foreign transaction fee saves you 2.5% on all non-CAD purchases.
- Rewards cover all high-spending categories, including food, groceries, entertainment, and gas.
- Comprehensive coverage of all travel insurance.
Cons
- The card network is American Express, which might not be widely accepted in some countries, making it a bit harder to use the no foreign transaction fee benefit.
- Having a lounge pass would have made this card even more perfect, but there is access to a discount code for lounge access pass purchases.
Rewards
- Earn 6x Scene+ points on every $1 you spend at Sobeys, Safeway, Freshco, Foodland and more*
- Earn 5x Scene+ points for every $1 you spend on dining, food delivery and other eligible grocery stores. Includes popular food delivery and food subscriptions.*
- Earn 5x Scene+ points for every $1 you spend in Canada eligible entertainment purposes. Includes movies, theatre and ticket agencies stores.*
- Earn 3x Scene+ points for every $1 CAD you spend in Canada on eligible gas and daily transit options. Includes rideshares, buses, subway, taxis and more*
- Earn 3x Scene+ points for every $1 CAD you spend in Canada on eligible select streaming services*
- Plus earn 1 Scene+ point for every $1 spent on all other eligible everyday purchases
- Earn additional benefits + up to 4x Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
Insurance
Coverage
Emergency Out of province Medical
$1M, Up to 25 daysEmergency Medical Over 65
$1M, Up to 3 days
Trip Cancellation
$1500/person, $10000/trip
Trip Interruption
$1500/person, $10,000/tripLost or Stolen Baggage
$500/person, $1000/tripBaggage Delay
$500/person, $1,000/trip After 4 hoursFlight Delay
$500/personTravel Accident
$500K/person, $1M/occurrenceCar Rental Damage & Theft
$65K up to 48 daysHotel Burglary Insurance
$1000/occurrenceMobile Device Insurance
$1,000Purchase Protection
90 daysExtended Warranty
Up to 1 year
Benefits
Details
No Foreign Transaction Fees
Avoid the 2.5% foreign transaction fees incurred when spending in non $CADAmerican Express® Experiences
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Concierge Services
Discount
Discount on PriorityPass Membership
Eligibility
Credit Score
GoodAnnual Income
$12,000 personal or $12,000 household
*†With minimum spend in the 1st year. ◊Conditions apply. See Card Provider's website and Card Application for complete card details, terms and current offers. Terms and conditions apply. See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information. Check here for full details and current product information.
For a slightly lower annual fee than the American Express Cobalt Card (one that’s also waived in the first year), with the Scotiabank Gold American Express Card, you can earn solid Scene+ points on every dollar you spend on eligible gas and daily transit (including rideshare, buses, taxis, subway rides, and more). For even more points, this card features rewards on purchases made at partnered grocers (like Sobeys, Foodland, and Safeway), followed by points on eligible dining, other grocery stores, and entertainment. You can also earn the same amount of points as you do on gas on streaming services.
As for coverage, this card's list is more extensive than the American Express Cobalt Card, with sought-after inclusions like trip interruption, trip cancellation, and emergency medical over 65 insurance, making it a superior travel companion.
The Scotiabank Gold American Express Card’s benefits are also very travel friendly. On top of the standard American Express Experiences, this card offers concierge services, a discount on a Priority Pass membership, and the rare no foreign transaction fee perk.
It’s worth mentioning that this card comes with annual income requirements, but they’re pretty minimal.
Overall, you might select this points card for your gas purchases over the American Express Cobalt Card if you’re more of a frequent traveller.
APPLY NOW
on BMO's website
Welcome Bonus
Up to $570 in value which includes up to 60,000 Bonus points and first year fee waived
Rewards Rate
1x - 5x points
Points
Annual Fee
$120 $0
Interest Rates
21.99% / 23.99%□
This card is ideal for individuals who want to maximize rewards on everyday purchases like dining, groceries, and transit while benefiting from a generous welcome bonus and lifestyle credit. However, the point value and high income requirements may be limiting for some.
Pros
- Earn up to 60,000 BMO Rewards points.
- 5x points on dining, groceries, gas, and transit.
- $50 annual lifestyle credit.
- 10% bonus points when adding an authorized user.
- First-year annual fee waived.
Cons
- Low point value of 0.67 cents per point.
- High income requirements ($60,000 personal or $100,000 household).
- Only 6 types of insurance coverage included.
Rewards
- 5 points per $1 spent in restaurants, fast foods, coffee shops, food delivery, grocery, gas and daily transit (up to 30,000 points on food, 30,000 points on groceries, 100,000 points on gas and 100,000 points on daily transit)
- 1 point per $1 spent on all other purchases
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
1 yearMobile Device Insurance
$1,000Travel Accident
$500,000Emergency Out of province Medical
$5M up to 15 daysCar Rental Damage & Theft
$65K up to 48 days
Benefits
Details
Visa Infinite Exclusive Benefits
Exclusive luxury hotel collection, unique dining and wine events
Golf Benefit
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.S.svg)
Gas Discount
Up to 7 cents off per litre on Shell® fuel if you are an AirMiles member
Anniversary Credit
Get a $50 anniversary lifestyle creditConcierge Services
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
**Terms and conditions apply. BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information. Check here for full details and current product information.
One look at the BMO Eclipse Visa Infinite Card, and you’ll think you’ve hit the jackpot in terms of gas rewards.
Still, while this is still a great points contender for gas, BMO Reward points are overall less valuable than Scene+ points or American Express Membership Reward points.
Nevertheless, this card offers substantial BMO Reward points on gas, plus points on restaurants, fast food eateries, coffee shops, food delivery services, groceries, and daily transit.
Like the Scotiabank Gold American Express Card, the annual fee is waived in the first year, and the BMO Eclipse Visa Infinite Card also has annual income requirements (which run a bit higher than the Scotiabank Gold American Express Card).
Coverage is less extensive, with only 7 featured protections like car rental damage and theft, travel accident, and mobile device insurance.
The benefits are more so where it’s at, with a gas discount at Shell fuel if you’re an AirMiles member, followed by the standard Visa Infinite Exclusive Benefits, a Troon Rewards Golf discount, and an anniversary lifestyle credit.
So, if you’d like to earn points on gas, plus take advantage of a gas discount, and avoid American Express when possible (likely due to its lower acceptance rate), then the BMO Eclipse Visa Infinite Card could be for you.
Best Cashback Credit Cards for Gas Expenses
Now that we've covered the top-ranking gas credit cards that deal with points, let's follow up with some cashback contenders.
Here are the best cashback credit cards for gas purchases:
Our choice for: Highest cash back for everyday spending
APPLY NOW
on American Express' website
Welcome Bonus
Up to $250 ($200 in first year)
Rewards Rate
2% - 4%
Cash Back
Annual Fee
$119.88⁕
$9.99 Paid Monthly
⁕ For Quebec, $119/year
Interest Rates
21.99%* / 21.99%*
The Simply Cash Preferred is one of the best cashback credit cards in Canada. The base cashback rate of 2% is great for all purchases, but the 4% on groceries and gas, which are two of the highest expenses for most people is the cherry on top of their great cashback program.
Pros
- Highest cashback rate on groceries and gas in Canada
- Great base cashback rate for all purchases
- 10 different insurance types included
Cons
- Cash back is only paid out to you once a year
- American Express has a lower merchant acceptance compared to Visa or Mastercard
Rewards
- 4% cash back on eligible gas station purchases in Canada
- 4% cash back on eligible grocery purchases in Canada (up to $1,200 cash back annually)
- 2% cash back on all other eligible purchases
Insurance
Coverage
Emergency Out of province Medical
$5M/insured PersonFlight Delay
$500Baggage Delay
$500Hotel Burglary Insurance
$500Lost or Stolen Baggage
$500Travel Accident
$100,000Car Rental Damage & Theft
$85K up to 48 daysMobile Device Insurance
$1,000Purchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Amex Experiences™
Access events and special offers curated for Cardmembers with Amex Experiences™
Eligibility
Credit Score
GoodAnnual Income
N/A
**Terms and conditions apply.
If you have 2 separate missed Payments, the applicable rates for your account will be 25.99%. If you have 3 or more separate missed payments, the applicable rates will be 29.99%.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment. Check here for full details and current product information.
Back from the "best overall" category in this blog post, the SimplyCash Preferred Card earns members impressive unconditional cashback rates on eligible gas station purchases in Canada.
To top things off, the SimplyCash Preferred Card also includes a cashback welcome bonus for the first few months of membership on all purchases (capped at $2,000), optimizing your gas expenses even further.
Thus, the SimplyCash Preferred Card takes first place as the best cashback gas credit card on account of its initially high reward rate on fuel and its helpful cashback welcome bonus.
Our choice for: High cash back on groceries & gas
APPLY NOW
on Neo Financial's website
Welcome Bonus
N/A
Rewards Rate
1% - 7% cashback
Cash Back
Annual Fee
$125
Interest Rates
19.99% - 26.99%□ / 22.99% - 28.99%
This card offers one of the highest cash back rates in Canada for gas (up to 4%), grocery (up to 7%) and recurring purchases (up to 5%) which is pretty hard to beat. While the cash back rates are very high, you need to mind the spend caps set for each category to see if your earning potential is really that high compared to most other credit cards. However, for a typical person who's spending is generally below $12k per year in grocery, $6k per year in recurring bills and $12k per year in gas then you'll be doing pretty well, especially with the great insurance and benefit offers as outlined in our neo world elite mastercard review below.
Pros
- Highest cash back rates in Canada for highest spending categories like Grocery (up to 7%), especially if you keep at least $5k in a Neo everyday account
- 12 different types of insurance coverage
- Airport lounge access with DragonPass with $32 USD per visit
- Additional cash back earning at over 10,000 Neo partners
Cons
- High income requirements of $80,000 personal or $150,000 household
- Cash back spend caps can limit your rewards
- Having to keep at least $5k in an everyday account to boost your cash back tier
Rewards
- 5% cash back on grocery purchases up to $1,000 spending per month (6% cash back if you have $5k in a Neo everyday account, or 7% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 4% cash back on recurring purchases up to $500 spending per month (4.5% cash back if you have $5k in a Neo everyday account, or 5% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 3% cash back on EV charging and gas purchases up to $1,000 spending per month (3.5% cash back if you have $5k in a Neo everyday account, or 4% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 1% cash back on all other purchases with no spending caps
- 5% average cash back at Neo Partners
Insurance
Coverage
Emergency Out of province Medical
Up to $1,000,000Trip Cancellation
$1,000Trip Interruption
$1,000Flight Delay
$500Baggage Delay
$1,000Lost or Stolen Baggage
$1,000Hotel Burglary Insurance
$1,000
Car Rental Accident
$100,000 for cardholder, up to $10,000 per Spouse or Dependent ChildCar Rental Damage & Theft
Yes.svg)
Car Rental Personal Effects
$1,000Purchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Airport Lounge - Dragon Pass
Pass only - pay $32 USD per visit
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
The Neo World Elite Mastercard operates a little differently than traditional credit cards.
Its standard cashback rate on gas is 3%, but if you maintain a balance of $5k-$10k in a Neo everyday account, that rate gets boosted up to 3.5% or as high as 4%. A similar boost can be applied to other reward categories on the card.
You can also optimize your gas cashback rates even further by purchasing gas from a Neo Partner. Gas chain Neo Partners include Shell, Esso, and Petro Canada. The best part? These bonus rates are applied on top of the rates provided by the card's rewards program.
Technically, with the SimplyCash Preferred Card from American Express, you’ll earn more cashback on gas initially than the Neo World Elite Mastercard, unless of course you save $10k inside of a Neo everyday account, in that case, the cashback rates on gas between the two cards becomes identical. Likewise, if you happen to purchase your gas from Neo partners like Shell, Esso, and/or Petro Canada, you can boost your cashback rates even further (by an extra 1-2% depending on the brand and amount spent).
Keep in mind, however, that the SimplyCash Preferred Card from American Express is slightly more affordable annually than the Neo World Elite Mastercard, plus it doesn’t have any annual income requirements.
The Neo World Elite Mastercard also offers more extensive and comprehensive insurance than the SimplyCash Preferred Card, adding important travel inclusions like trip interruption and trip cancellation insurance, plus car rental protections.
As for benefits, both contenders keep things simple. The SimplyCash Preferred Card from American Express offers Amex Experiences whereas the Neo World Elite Mastercard provides a Dragon Pass membership (excluding complimentary visits).
In conclusion, if it's cashback you're after, you’ll likely select the Neo World Elite Mastercard if you plan on keeping some extra cash inside of a Neo everyday account and/or purchase fuel from partners like Shell, Esso, and Petro Canada to boost your gas cashback category significantly. Otherwise, if you want high cashback on gas without a catch, stick with the SimplyCash Preferred Card.
APPLY NOW
on BMO's website
Welcome Bonus
Get up to $335 in additional cash back**
Rewards Rate
1% - 5%
Cash Back
Annual Fee
$120 $0
Interest Rates
21.99% / 23.99%□
If you're seeking a cashback credit card, the BMO CashBack® World Elite® Mastercard® stands out for its excellent balance between rewards and benefits. It offers a robust rewards program and a comprehensive benefits list, making it a solid choice. The high first-year value is enhanced by the annual fee waiver, and those with a BMO Premium Chequing Account can enjoy continued fee waivers. While it's highly ranked for rewards alone, it may not be the absolute top choice if benefits are less important to you.
Pros
- Offers one of the highest cashbacks on groceries and gas, two of the most frequently spent categories, compared to other credit cards in Canada.
- Includes roadside assistance, a rare but valuable benefit for people on the road.
- Provides a comprehensive list of insurance coverage and benefits.
- High first-year value.
Cons
- Does not include restaurant purchases as a reward category, which is one of the most important spending categories.
- Monthly limits on cash back could be higher
Rewards
- 5% cash back on groceries (capped at $500 spending per statement, maximum of $25 in cashback per statement cycle)
- 4% cash back on daily transit (capped at $300 spending per statement, maximum of $12 in cashback per statement cycle)
- 3% cash back on gas (capped at $300 spending per statement, maximum of $9 in cashback per statement cycle)
- 2% cash back on recurring payments (capped at $500 spending per statement, maximum of $10 in cashback per statement cycle)
- 1% cash back on all other eligible purchases.
Insurance
Coverage
Emergency Out of province Medical
$5M up to 8 days per covered personTravel Accident
$500,000Flight Delay
$500 After 4 hours delayLost or Stolen Baggage
$500/person, $1,000 maximumBaggage Delay
$500/person, $1,000 maximum After 6 hoursHotel Burglary Insurance
$1,000Car Rental Damage & Theft
$65K MSRP up to 48 daysPurchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Airport Lounge - Dragon Pass
Complimentary membership in Mastercard Travel Pass provided by DragonPass. As a member enjoy lounge access for a fee of just US$32 per person, per visit.
Roadside Assistance
Including battery boosts, flat-tire change, lockout service and towing – a $69/year value.
Car Rental Discount
Save up to 20% on National Car Rental® and Alamo Rent A Car® and up to 5% on Enterprise Rent-A-Car® at locations worldwide using the Car Rental Booking toolHotel Booking Discount
Save up to 7% on your Booking.com prepaid hotel or property rental bookings at booking.com/mastercardcanada.
Global Data Roaming plan
With FlexiRoam, stay connected around the world without a SIM card and get up to 15% off a Global Data Roaming plan plus up to 3GB of data, without any additional charges, if apply.Gas Discount
Get up to 7 cents off per litre on Shell® fuel, only for BMO cardholders.
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
*BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information. Check here for full details and current product information.
The BMO Cashback World Elite Mastercard is slightly cheaper annually than the Neo World Elite Mastercard, plus the annual fee is waived in the first year. As far as similarities go, the two cards have the same high income requirements, seeing as they’re both part of the World Elite Mastercard tier.
Let's move on to rewards. The BMO Cashback World Elite Mastercard matches both the Neo World Elite Mastercard’s standard gas cashback rate – but as we know, the Neo World Elite Mastercard has the ability to boost this rate with an eligible Neo Everyday account balance and purchases made at partnered gas stations. These boosting opportunities make the Neo World Elite Mastercard's gas category more valuable than the BMO Cashback World Elite Mastercard’s gas category.
As for coverage, the Neo World Elite Mastercard has more valuable insurance in both lost or stolen baggage and baggage delay categories. It also adds important protections like trip interruption and trip cancellation insurance, plus car rental accident and car rental personal effects insurance.
That said, the BMO Cashback World Elite Mastercard is better for benefits, featuring a gas discount on cents per litre at Shell fuel, the airport lounge Dragon Pass (like the Neo World Elite Mastercard), followed by a car rental discount, a hotel booking discount, the Boingo Wi-Fi hotspot, and rare roadside assistance.
All things considered, you’ll probably pick the BMO Cashback World Elite Mastercard over the Neo World Elite Mastercard if you want better benefits, including a gas discount to pair with your gas cashback. Otherwise, if you want better insurance, don’t mind a slightly higher annual fee, and want to hold onto a balance of at least $5k in a Neo Everyday account, then you might still opt for the Neo World Elite Mastercard as your gas credit card of choice.
APPLY NOW
on CIBC's website
Welcome Bonus
Up to $200
Rewards Rate
1% - 4%
Cash Back
Annual Fee
$120 $0
Interest Rates
20.99% / 22.99%
The CIBC Dividend® Visa Infinite Card* is an excellent choice for those who spend heavily on gas, EV charging, and groceries, offering one of the best cash back rates in those categories. The 10% cash back welcome offer sweetens the deal for new cardholders, though the high income requirements and annual fee may not make it the best fit for everyone. If you can meet the spending and income criteria, it provides solid value, especially with no limits on the total amount of cash back you can earn.
Pros
- High Cash Back Rates: Get 4% cash back on gas, EV charging, and groceries, plus 2% on restaurants, transportation, and recurring bill payments.
- No Limit on Total Cash Back: No maximum limit on the amount of cash back you can earn annually.
- Fuel Savings: Save up to 10 cents per litre at Journie Rewards gas stations like Ultramar, Pioneer, Fas Gas, and Chevron.
Cons
- High Income Requirement: Personal income of $60,000 or household income of $100,000 is required to qualify.
- Annual Fee: The card comes with a $120 annual fee, which might reduce the overall value for some users.
- Lower Insurance Coverage: Compared to similar cards, the insurance offerings are less comprehensive.
Rewards
- 4% cashback on Gas and Groceries if they are in the first $80K transactions of the year and $20K of categorical spends
- 2% cashback on Transportation, Dining and Recurring payments if they are in the first $80K transactions of the year and $20K of categorical spends
- 1% cashback on all other credit card purchases.
Insurance
Coverage
Emergency Out of province Medical
$5 Million per person, per trip. 10 day coverageCar Rental Damage & Theft
$65KTravel Accident
$500KMobile Device Insurance
$1000 per person, per occurrencePurchase Protection
90 daysExtended Warranty
Up to a year
Benefits
Details
Gas Discount
save up to 10¢/L on fuel at participating Pioneer, Fas Gas, Ultramar and Chevron gas stationsCar Rental Discount
Get up to 25% off auto rentals at participating Avis and Budget locations worldwide.
Eligibility
Credit Score
Very GoodAnnual Income
$60,000 personal or $100,000 household
The CIBC Dividend Visa Infinite Card offers one of the highest reward rates on both gas and groceries – covering two of the most popular spend categories. To top it off, its gas-oriented rewards program is paired with a gas discount, saving you cents per litre on fuel at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations, all you need to do is link your card with Journie Rewards.
Journie Rewards allow you to earn points per litre at participating gas pumps and stores, all with the simple scan of the Journie app each visit. These points can be redeemed for more gas discounts later on. With the CIBC Dividend Visa Infinite Card, you'll double your cents saved each time you reach 300 Journie Points.
Aside from gas rewards, you can claim cashback on transportation, dining, and recurring payments.
Ultimately, the CIBC Dividend Visa Infinite Card is a great gas contender because it has a high gas reward category and a gas discount. While some of the other cards in this list might include a gas discount as well, the CIBC Dividend Visa Infinite Card's discount is the most flexible, as it can be used at multiple gas stations, and it's accompanied by a higher gas reward rate than some of its competitors.
APPLY NOW
on CIBC's website
Welcome Bonus
N/A
Rewards Rate
1% - 3%
Cash Back
Annual Fee
$0
Interest Rates
20.75% / 22.49%
The CIBC Costco Mastercard offers one of the highest cashback rates on restaurant purchases in Canada, making it an excellent choice for optimizing rewards in this specific category, especially since it has no annual fees. If you use Costco Gas or shop on Costco Online, there is a decent cashback rate as well. However, for other categories, the cashback rate is average. Notably, you will be better off using other credit cards for warehouse Costco purchases, as you will only earn 1% cashback. If you are looking for no annual fee credit cards only, this is a good card to go for.
Pros
- Decent reward rate for a no annual fee credit card
- One of the highest cashback rates for restaurant purchases in Canada
- Has Mobile insurance
Cons
- Doesn't come with a lot of benefits
- Doesn't earn much on Costco Warehouse purchases!
Rewards
- 3% cash back on Restaurants
- 3% cash back on Costco Gas stations and 2% cash back on non-Costco Gas up to a combined maximum of $5,000 in spending (max $150 cashback per year)
- 2% cash back on Costco.ca purchases up to $8,000 in spending (max $160 cashback per year)
- 1% on everything else
Insurance
Coverage
Mobile Device Insurance
$1000Purchase Protection
Up to 90 daysExtended Warranty
Up to a year
Eligibility
Credit Score
Very GoodAnnual Income
$15,000 personal
In this category, the CIBC Costco Mastercard will only be a contender if you’re a frequent Costco shopper. Otherwise, it doesn't hold much value.
With this card, Costco members get solid cashback rates on Costco Gas and restaurant purchases, followed by cashback on Costco.ca purchases, and cashback on regular gas – that’s two cashback categories geared towards gas!
The insurance coverage is very low, but you do get mobile device insurance, which is always helpful.
Unfortunately, there are no benefits on this card, so the gas cashback rates will have to be enough to satisfy you.
The two above shortcomings are likely due to the fact that when you have a Costco membership (which is essential in order to apply for this card), you'll avoid annual fees. With this in mind, it’s pretty common for cards with no annual fees to have less perks.
So, Costco members who want a couple of categories to optimize their gas purchases are the target cardholders for this Mastercard.
Best No Fee Credit Cards for Gas Expenses
You came here looking to save money. So, what better way to honour that goal than by choosing a gas credit card with no annual fees?
APPLY NOW
on Tangerine's website
Welcome Bonus
10% Cash Back (up to $100 value) + 1.95% balance transfer promo rate for 6 months
Rewards Rate
0.5% - 2%
Cash Back
Annual Fee
$0
Interest Rates
20.95%* / 22.95%*
While we think Tangerine isn't the best single credit card to own, it's still a valuable card to have in your arsenal for maximizing your rewards. It offers one of the highest cashback rates for pharmacy and recurring bill payments, areas where your other credit cards might not provide significant rewards. This card only requires a Fair credit score, making it an excellent choice for people who don't have a high credit score yet.
Pros
- Allows you to change the categories, and you get a 2% reward depending on how your spending is changing every 90 days.
- 2% cashback on recurring Transactions and pharmacy purchases. One of the highest cashback rates on these categories among credit cards in Canada.
- Has cashback on Furniture and Home Improvement categories. Two categories that are not covered by any other card in Canada.
- Easy credit score requirements needed for this card.
- Overall, it is a good no-annual-fee cashback credit card, especially if you have a Tangerine Savings account.
Cons
- Insurance coverage is the most basic.
- Very low cashback rate on the other categories not selected.
Rewards
- 2% on the choice of two categories chosen from the 10 offered by Tangerine (Grocery, Restaurants, Gas, Entertainment, Furniture, Hotel-Motel, Drug Store, Reoccurring Bill Payments, Home Improvement, Public Transportation and Parking).
- Have your cash back Reward deposited in a Tangerine Savings Account and get a third 2% Money-Back Category.
- 0.5% cashback on all other credit card purchases.
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Up to a year
Eligibility
Credit Score
GoodAnnual Income
N/A
*11 Balance Transfer Promotional Offer at 1.95% for 6 months (1% Balance Transfer Fee)
A Promotional Rate of 1.95% will apply to any and all Balance Transfers made within 30 days of the Account opening, and will remain in effect for 6 Statement Periods from the date the last such Balance Transfer was posted to the Account (the “Promotional Rate Period”). To take advantage of this Promotional Offer, you must complete the Balance Transfer request within 30 days of Account approval. You must also activate your Card within 45 days of Account approval for the requested Balance Transfer to be processed, or the Balance Transfer will be automatically cancelled. Balance Transfers are treated as Cash Advances on your Card and do not have an interest-free grace period. Balance Transfers may not exceed the available credit on the Account. If the Balance Transfer exceeds the available credit, the Balance Transfer transaction will not be processed. A 1% Balance Transfer Fee will be charged on each Balance Transfer amount and will be immediately charged to your Credit Card. This Balance Transfer Fee is waived by Tangerine if you are a resident of the province of Quebec at the time you accept this offer. Interest does not accrue on the Balance Transfer Fee, however it is included in the Minimum Payment amount on your monthly statement. You must continue to make all of your monthly Minimum Payments by the Payment Due Dates shown on your monthly statements. If you still have an amount owing from your Balance Transfer when the Promotional Rate Period ends, the Cash Advance interest rate of 22.95% will apply to that amount. You must continue to make the Minimum Payments on your Account, regardless of whether the Balance Transfer has been processed to your Account. We don’t charge interest on new Purchases that appear on your statement for the first time if we receive full payment of the Balance on your statement (including payment of any Balance Transfers included in that Balance), by the Payment Due Date on your statement. This means you will pay interest on new purchases that appear on your statement for the first time unless we receive payment of your entire balance each month by the payment due date. For example, if you do a promotional (or non-promotional) balance transfer for $7,000 and spend $500 in new purchases during the same statement cycle, we must receive payment of the entire balance of $7,500 on or before your payment due date to avoid paying interest on your new purchases that month of $500. Balance Transfers may not be used to transfer money to or from another Tangerine Account. See the Tangerine Credit Card Cardholder Agreement for more information about how we apply payments to your Account. Check here for full details and current product information.
When you sign up for the Tangerine Money-Back Credit Card, you can select 2 categories to earn unlimited cashback on out of the ten categories offered by Tangerine. One of these categories, of course, is gas. You can also change categories to suit your spending habits every 90 days. Any unpicked categories will still earn the base rate cashback value, although this rate is considered low. If you have a Tangerine Savings account, you can also select an additional category to optimize.
The focus of this card is its flexible cashback, so there aren’t any benefits, but you will have standard purchase protection and extended warranty insurance.
All in all, you’ll want this card for your gas expenses if you don’t want to pay an annual fee, and you’re looking for some control over your rewards program.
Best Gas Credit Cards for Particular Gas Stations
There are some credit cards that are specialized towards certain gas stations. Below, see if you can find a card that directly corresponds with where you get your gas.
Best Gas Credit Card for Esso Gas Stations
Our choice for: High cash back on groceries & gas
APPLY NOW
on Neo Financial's website
Welcome Bonus
N/A
Rewards Rate
1% - 7% cashback
Cash Back
Annual Fee
$125
Interest Rates
19.99% - 26.99%□ / 22.99% - 28.99%
This card offers one of the highest cash back rates in Canada for gas (up to 4%), grocery (up to 7%) and recurring purchases (up to 5%) which is pretty hard to beat. While the cash back rates are very high, you need to mind the spend caps set for each category to see if your earning potential is really that high compared to most other credit cards. However, for a typical person who's spending is generally below $12k per year in grocery, $6k per year in recurring bills and $12k per year in gas then you'll be doing pretty well, especially with the great insurance and benefit offers as outlined in our neo world elite mastercard review below.
Pros
- Highest cash back rates in Canada for highest spending categories like Grocery (up to 7%), especially if you keep at least $5k in a Neo everyday account
- 12 different types of insurance coverage
- Airport lounge access with DragonPass with $32 USD per visit
- Additional cash back earning at over 10,000 Neo partners
Cons
- High income requirements of $80,000 personal or $150,000 household
- Cash back spend caps can limit your rewards
- Having to keep at least $5k in an everyday account to boost your cash back tier
Rewards
- 5% cash back on grocery purchases up to $1,000 spending per month (6% cash back if you have $5k in a Neo everyday account, or 7% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 4% cash back on recurring purchases up to $500 spending per month (4.5% cash back if you have $5k in a Neo everyday account, or 5% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 3% cash back on EV charging and gas purchases up to $1,000 spending per month (3.5% cash back if you have $5k in a Neo everyday account, or 4% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 1% cash back on all other purchases with no spending caps
- 5% average cash back at Neo Partners
Insurance
Coverage
Emergency Out of province Medical
Up to $1,000,000Trip Cancellation
$1,000Trip Interruption
$1,000Flight Delay
$500Baggage Delay
$1,000Lost or Stolen Baggage
$1,000Hotel Burglary Insurance
$1,000Car Rental Accident
$100,000 for cardholder, up to $10,000 per Spouse or Dependent ChildCar Rental Damage & Theft
YesCar Rental Personal Effects
$1,000Purchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Airport Lounge - Dragon Pass
Pass only - pay $32 USD per visit
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
In addition to boosting your gas cashback rates when you save $5k-$10k in a Neo everyday account, as mentioned earlier, cardholders can also optimized their gas cashback even further by purchasing fuel from Neo partner gas stations like Esso.
At Esso, you'll receive an additional 1% cashback on up to $5 of any purchase made with your Neo World Elite Mastercard.
Best Gas Credit Cards for Shell Gas Stations
Our choice for: High cash back on groceries & gas
APPLY NOW
on Neo Financial's website
Welcome Bonus
N/A
Rewards Rate
1% - 7% cashback
Cash Back
Annual Fee
$125
Interest Rates
19.99% - 26.99%□ / 22.99% - 28.99%
This card offers one of the highest cash back rates in Canada for gas (up to 4%), grocery (up to 7%) and recurring purchases (up to 5%) which is pretty hard to beat. While the cash back rates are very high, you need to mind the spend caps set for each category to see if your earning potential is really that high compared to most other credit cards. However, for a typical person who's spending is generally below $12k per year in grocery, $6k per year in recurring bills and $12k per year in gas then you'll be doing pretty well, especially with the great insurance and benefit offers as outlined in our neo world elite mastercard review below.
Pros
- Highest cash back rates in Canada for highest spending categories like Grocery (up to 7%), especially if you keep at least $5k in a Neo everyday account
- 12 different types of insurance coverage
- Airport lounge access with DragonPass with $32 USD per visit
- Additional cash back earning at over 10,000 Neo partners
Cons
- High income requirements of $80,000 personal or $150,000 household
- Cash back spend caps can limit your rewards
- Having to keep at least $5k in an everyday account to boost your cash back tier
Rewards
- 5% cash back on grocery purchases up to $1,000 spending per month (6% cash back if you have $5k in a Neo everyday account, or 7% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 4% cash back on recurring purchases up to $500 spending per month (4.5% cash back if you have $5k in a Neo everyday account, or 5% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 3% cash back on EV charging and gas purchases up to $1,000 spending per month (3.5% cash back if you have $5k in a Neo everyday account, or 4% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 1% cash back on all other purchases with no spending caps
- 5% average cash back at Neo Partners
Insurance
Coverage
Emergency Out of province Medical
Up to $1,000,000Trip Cancellation
$1,000Trip Interruption
$1,000Flight Delay
$500Baggage Delay
$1,000Lost or Stolen Baggage
$1,000Hotel Burglary Insurance
$1,000Car Rental Accident
$100,000 for cardholder, up to $10,000 per Spouse or Dependent ChildCar Rental Damage & Theft
YesCar Rental Personal Effects
$1,000Purchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Airport Lounge - Dragon Pass
Pass only - pay $32 USD per visit
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
Like Esso, Shell is another gas station company that's partnered with Neo Financial.
This means that each time you make a purchase of up to $8 at a Shell gas station using your Neo World Elite Mastercard, you can earn an additional 2% cashback on top of any other initial or boosted rates.
APPLY NOW
on BMO's website
Welcome Bonus
Get up to $335 in additional cash back**
Rewards Rate
1% - 5%
Cash Back
Annual Fee
$120 $0
Interest Rates
21.99% / 23.99%□
If you're seeking a cashback credit card, the BMO CashBack® World Elite® Mastercard® stands out for its excellent balance between rewards and benefits. It offers a robust rewards program and a comprehensive benefits list, making it a solid choice. The high first-year value is enhanced by the annual fee waiver, and those with a BMO Premium Chequing Account can enjoy continued fee waivers. While it's highly ranked for rewards alone, it may not be the absolute top choice if benefits are less important to you.
Pros
- Offers one of the highest cashbacks on groceries and gas, two of the most frequently spent categories, compared to other credit cards in Canada.
- Includes roadside assistance, a rare but valuable benefit for people on the road.
- Provides a comprehensive list of insurance coverage and benefits.
- High first-year value.
Cons
- Does not include restaurant purchases as a reward category, which is one of the most important spending categories.
- Monthly limits on cash back could be higher
Rewards
- 5% cash back on groceries (capped at $500 spending per statement, maximum of $25 in cashback per statement cycle)
- 4% cash back on daily transit (capped at $300 spending per statement, maximum of $12 in cashback per statement cycle)
- 3% cash back on gas (capped at $300 spending per statement, maximum of $9 in cashback per statement cycle)
- 2% cash back on recurring payments (capped at $500 spending per statement, maximum of $10 in cashback per statement cycle)
- 1% cash back on all other eligible purchases.
Insurance
Coverage
Emergency Out of province Medical
$5M up to 8 days per covered personTravel Accident
$500,000Flight Delay
$500 After 4 hours delayLost or Stolen Baggage
$500/person, $1,000 maximumBaggage Delay
$500/person, $1,000 maximum After 6 hoursHotel Burglary Insurance
$1,000Car Rental Damage & Theft
$65K MSRP up to 48 daysPurchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Airport Lounge - Dragon Pass
Complimentary membership in Mastercard Travel Pass provided by DragonPass. As a member enjoy lounge access for a fee of just US$32 per person, per visit.Roadside Assistance
Including battery boosts, flat-tire change, lockout service and towing – a $69/year value.Car Rental Discount
Save up to 20% on National Car Rental® and Alamo Rent A Car® and up to 5% on Enterprise Rent-A-Car® at locations worldwide using the Car Rental Booking toolHotel Booking Discount
Save up to 7% on your Booking.com prepaid hotel or property rental bookings at booking.com/mastercardcanada.Global Data Roaming plan
With FlexiRoam, stay connected around the world without a SIM card and get up to 15% off a Global Data Roaming plan plus up to 3GB of data, without any additional charges, if apply.Gas Discount
Get up to 7 cents off per litre on Shell® fuel, only for BMO cardholders.
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
*BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information. Check here for full details and current product information.
The BMO Cashback World Elite Mastercard gets you decent cashback on gas (at a rate similar to the initial gas rate provided by the Neo World Elite Mastercard), plus cents off per litre on Shell fuel. These gas perks are paired with respectable travel-oriented coverage and benefits including the airport lounge Dragon Pass, rare roadside assistance, and both a car rental and hotel booking discount.
To get this card, you will need to meet some higher income requirements (also similar to the Neo World Elite Mastercard).
Ultimately though, this BMO card is best suited for high-earning moderate travellers who purchase their gas from Shell.
APPLY NOW
on BMO's website
Welcome Bonus
Up to $570 in value which includes up to 60,000 Bonus points and first year fee waived
Rewards Rate
1x - 5x points
Points
Annual Fee
$120 $0
Interest Rates
21.99% / 23.99%□
This card is ideal for individuals who want to maximize rewards on everyday purchases like dining, groceries, and transit while benefiting from a generous welcome bonus and lifestyle credit. However, the point value and high income requirements may be limiting for some.
Pros
- Earn up to 60,000 BMO Rewards points.
- 5x points on dining, groceries, gas, and transit.
- $50 annual lifestyle credit.
- 10% bonus points when adding an authorized user.
- First-year annual fee waived.
Cons
- Low point value of 0.67 cents per point.
- High income requirements ($60,000 personal or $100,000 household).
- Only 6 types of insurance coverage included.
Rewards
- 5 points per $1 spent in restaurants, fast foods, coffee shops, food delivery, grocery, gas and daily transit (up to 30,000 points on food, 30,000 points on groceries, 100,000 points on gas and 100,000 points on daily transit)
- 1 point per $1 spent on all other purchases
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
1 yearMobile Device Insurance
$1,000Travel Accident
$500,000Emergency Out of province Medical
$5M up to 15 daysCar Rental Damage & Theft
$65K up to 48 days
Benefits
Details
Visa Infinite Exclusive Benefits
Exclusive luxury hotel collection, unique dining and wine eventsGolf Benefit
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.SGas Discount
Up to 7 cents off per litre on Shell® fuel if you are an AirMiles memberAnniversary Credit
Get a $50 anniversary lifestyle creditConcierge Services
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
**Terms and conditions apply. BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information. Check here for full details and current product information.
The BMO Eclipse Visa Infinite Card comes with high points per dollar spent on gas, restaurants, fast food establishments, coffee shops, food deliveries, groceries, and daily transit. To top it all off, you'll also get cents off per litre on Shell fuel as long as you're an AirMiles member.
This card's gas advantages accompany some standard insurance coverage including mobile device insurance, and benefits like the Troon Rewards Golf benefits, plus an anniversary lifestyle credit.
Therefore, the BMO Eclipse Visa Infinite Card is best for everyday shoppers looking to optimize their gas purchases (specifically at Shell gas stations) among other high-spend categories.
Best Gas Credit Cards for Petro Canada Gas Stations
Our choice for: High cash back on groceries & gas
APPLY NOW
on Neo Financial's website
Welcome Bonus
N/A
Rewards Rate
1% - 7% cashback
Cash Back
Annual Fee
$125
Interest Rates
19.99% - 26.99%□ / 22.99% - 28.99%
This card offers one of the highest cash back rates in Canada for gas (up to 4%), grocery (up to 7%) and recurring purchases (up to 5%) which is pretty hard to beat. While the cash back rates are very high, you need to mind the spend caps set for each category to see if your earning potential is really that high compared to most other credit cards. However, for a typical person who's spending is generally below $12k per year in grocery, $6k per year in recurring bills and $12k per year in gas then you'll be doing pretty well, especially with the great insurance and benefit offers as outlined in our neo world elite mastercard review below.
Pros
- Highest cash back rates in Canada for highest spending categories like Grocery (up to 7%), especially if you keep at least $5k in a Neo everyday account
- 12 different types of insurance coverage
- Airport lounge access with DragonPass with $32 USD per visit
- Additional cash back earning at over 10,000 Neo partners
Cons
- High income requirements of $80,000 personal or $150,000 household
- Cash back spend caps can limit your rewards
- Having to keep at least $5k in an everyday account to boost your cash back tier
Rewards
- 5% cash back on grocery purchases up to $1,000 spending per month (6% cash back if you have $5k in a Neo everyday account, or 7% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 4% cash back on recurring purchases up to $500 spending per month (4.5% cash back if you have $5k in a Neo everyday account, or 5% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 3% cash back on EV charging and gas purchases up to $1,000 spending per month (3.5% cash back if you have $5k in a Neo everyday account, or 4% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 1% cash back on all other purchases with no spending caps
- 5% average cash back at Neo Partners
Insurance
Coverage
Emergency Out of province Medical
Up to $1,000,000Trip Cancellation
$1,000Trip Interruption
$1,000Flight Delay
$500Baggage Delay
$1,000Lost or Stolen Baggage
$1,000Hotel Burglary Insurance
$1,000Car Rental Accident
$100,000 for cardholder, up to $10,000 per Spouse or Dependent ChildCar Rental Damage & Theft
YesCar Rental Personal Effects
$1,000Purchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Airport Lounge - Dragon Pass
Pass only - pay $32 USD per visit
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
Back again for another brand, the Neo World Elite Mastercard is also partnered with Petro Canada.
Therefore, when you purchase fuel from Petro Canada using your Neo World Elite Mastercard, you're entitled to an extra 1% cashback on up to $5 spent on any purchase.
Our choice for: Everyday spending card with a low fee and high rewards
APPLY NOW
on RBC's website
Welcome Bonus
Get up to 21,000 Avion points^. Apply by November 25, 2025.
Rewards Rate
1x - 3x Points
Points
Annual Fee
$48
Interest Rates
20.99% / 22.99%□
This card is not by any means one of our favorite cards. For an annual fee it offers almost no notable benefits, with many no annual fee credit cards offering much more. The points earned are fine, but given the inflexibility of ION Avion points, it's very hard to get good value for the points earned, and it's much easier to earn more and do the same with some other credit card reward programs.
Pros
- Save on fuel at Petro-Canada locations, with an overall 7 cents per litre value
- Great welcome bonus offer
- 3x points per $1 spent on high spend categories
Cons
- The ION Avion membership isn't quite as flexible as regular Avion
- Insurance coverage is very limited
Rewards
- Earn 3X Avion points for every $1 spent on groceries, dining, gas, food delivery, rideshare, streaming services and more2
- Earn 1X Avion point for every $1 spent on all other qualifying purchases2
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Up to a yearMobile Device Insurance
$1,000
Benefits
Details
Gas Discount
Save 3¢/L instantly at the pump and get 20% more Petro-Points and 20% more Avion points
Extra points
Earn 1 extra Moi point for every $2 spent at participating Moi Rewards stores (minimum purchase required)Extra points
50 Be Well points for every $1 spent on eligible products at Rexall
Eligibility
Credit Score
GoodAnnual Income
N/A
*Refer to RBC page for up to date offer terms and conditions. The Website may engage in affiliate marketing, which is done by embedding tracking links into The Website. If you click on a link for an affiliate partnership, a cookie will be placed on your browser to track any sales for purposes of commissions. Check here for full details and current product information.
For a small annual fee, the RBC ION+ Visa Card earns you points per every dollar spent on gas, including other specialized categories (like groceries, dining, food delivery, rides, electric vehicle charging, streaming, digital gaming, and subscriptions purchases).
On top of your gas rewards, you'll also receive a gas discount that saves you cents per litre on fuel and earns you 20% more Petro Points at Petro Canada.
With limited perks and coverage, this card is an affordable, straight-forward option for those who tend to fuel up at Petro Canada, and those who want to earn competitive points on gas.
Best Gas Credit Card for Gas+ Gas Stations
APPLY NOW
on Canadian Tire's website
Welcome Bonus
N/A
Rewards Rate
1x - 4x CanadianTire Dollars
Points
Annual Fee
$0
Interest Rates
21.99% / 22.99%
This card is the only one with no annual fee that provides a roadside assistance benefit, which can be a lifesaver for people who travel on the road a lot. The main reason to apply for this card is to have free access to this benefit, given that the rewards are not great in most categories (except for Canadian Tire and grocery purchases).
Pros
- The only credit card in Canada that offers the highly valuable benefit of roadside assistance!
Cons
- This card has a very low acceptance rate based on prior user applications.
It's not a great option to have as your primary credit card, either in terms of rewards or benefits. However, it's a good card to complement your other credit cards.
Rewards
- 4% back in CanadianTire dollars on almost everything at Canadian Tire, Sport Chek, Mark’s, L’Équipeur, Party City, Pro Hockey Life, Atmosphere, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey, and participating Sports Experts stores
- 3% back in CanadianTire dollars on Groceries (Max 360) Except Costco and Walmart
- 1% back in CanadianTire on all other purchases
Insurance
Coverage
Purchase Protection
Up to 90 daysCar Rental Damage & Theft
31 days
Benefits
Details
Gas Discount
Save 7¢/L on premium fuel and 5¢/L on all other fuel types at Gas+ and Petro-Canada locations on gasConcierge Services
Roadside Assistance
Roadside Assistance Gold Plan: With the Triangle World Elite Mastercard Roadside Assistance Gold Plan, you get towing distance of up to 250 km per service call to the destination of your choice (within Canada or the US)
Eligibility
Credit Score
ExcellentAnnual Income
$80,000 personal or $150,000 household
On top of fuel at Petro Canada, with the Triangle World Elite Mastercard, you can also save cents per litre on premium fuel and cents per litre on all other fuel types at Gas+ gas stations. Additionally, you can take advantage of the added roadside assistance Gold Plan, yet another way to keep some peace of mind while taking road trips.
Associated with Canadian Tire, this card earns you cashback in Canadian Tire dollars at participating partners, plus cashback in Canadian Tire dollars on groceries (excluding Costco and Walmart).
All in all, this card is great for those who are constantly on the road, fuelling up at Petro Canada or Gas+, and frequent shoppers at Canadian Tire.
Best Gas Credit Card for Costco Gas Stations
APPLY NOW
on CIBC's website
Welcome Bonus
N/A
Rewards Rate
1% - 3%
Cash Back
Annual Fee
$0
Interest Rates
20.75% / 22.49%
The CIBC Costco Mastercard offers one of the highest cashback rates on restaurant purchases in Canada, making it an excellent choice for optimizing rewards in this specific category, especially since it has no annual fees. If you use Costco Gas or shop on Costco Online, there is a decent cashback rate as well. However, for other categories, the cashback rate is average. Notably, you will be better off using other credit cards for warehouse Costco purchases, as you will only earn 1% cashback. If you are looking for no annual fee credit cards only, this is a good card to go for.
Pros
- Decent reward rate for a no annual fee credit card
- One of the highest cashback rates for restaurant purchases in Canada
- Has Mobile insurance
Cons
- Doesn't come with a lot of benefits
- Doesn't earn much on Costco Warehouse purchases!
Rewards
- 3% cash back on Restaurants
- 3% cash back on Costco Gas stations and 2% cash back on non-Costco Gas up to a combined maximum of $5,000 in spending (max $150 cashback per year)
- 2% cash back on Costco.ca purchases up to $8,000 in spending (max $160 cashback per year)
- 1% on everything else
Insurance
Coverage
Mobile Device Insurance
$1000Purchase Protection
Up to 90 daysExtended Warranty
Up to a year
Eligibility
Credit Score
Very GoodAnnual Income
$15,000 personal
It should come as no surprise that the best credit card for Costco gas is the CIBC Costco Mastercard.
Its top earn-category gets you cashback on Costco Gas, but it also has another earn category that earns you cashback on gas in general. You'll also earn specialized cashback on restaurants and Costco.ca purchases.
Ultimately, this credit card is best for frequent Costco shoppers that collect Costco Gas.
Best Gas Credit Cards for Pioneer, Fas Gas, Ultramar and Chevron Gas Stations
APPLY NOW
on CIBC's website
Welcome Bonus
Up to $200
Rewards Rate
1% - 4%
Cash Back
Annual Fee
$120 $0
Interest Rates
20.99% / 22.99%
The CIBC Dividend® Visa Infinite Card* is an excellent choice for those who spend heavily on gas, EV charging, and groceries, offering one of the best cash back rates in those categories. The 10% cash back welcome offer sweetens the deal for new cardholders, though the high income requirements and annual fee may not make it the best fit for everyone. If you can meet the spending and income criteria, it provides solid value, especially with no limits on the total amount of cash back you can earn.
Pros
- High Cash Back Rates: Get 4% cash back on gas, EV charging, and groceries, plus 2% on restaurants, transportation, and recurring bill payments.
- No Limit on Total Cash Back: No maximum limit on the amount of cash back you can earn annually.
- Fuel Savings: Save up to 10 cents per litre at Journie Rewards gas stations like Ultramar, Pioneer, Fas Gas, and Chevron.
Cons
- High Income Requirement: Personal income of $60,000 or household income of $100,000 is required to qualify.
- Annual Fee: The card comes with a $120 annual fee, which might reduce the overall value for some users.
- Lower Insurance Coverage: Compared to similar cards, the insurance offerings are less comprehensive.
Rewards
- 4% cashback on Gas and Groceries if they are in the first $80K transactions of the year and $20K of categorical spends
- 2% cashback on Transportation, Dining and Recurring payments if they are in the first $80K transactions of the year and $20K of categorical spends
- 1% cashback on all other credit card purchases.
Insurance
Coverage
Emergency Out of province Medical
$5 Million per person, per trip. 10 day coverageCar Rental Damage & Theft
$65KTravel Accident
$500KMobile Device Insurance
$1000 per person, per occurrencePurchase Protection
90 daysExtended Warranty
Up to a year
Benefits
Details
Gas Discount
save up to 10¢/L on fuel at participating Pioneer, Fas Gas, Ultramar and Chevron gas stationsCar Rental Discount
Get up to 25% off auto rentals at participating Avis and Budget locations worldwide.
Eligibility
Credit Score
Very GoodAnnual Income
$60,000 personal or $100,000 household
As previously stated, alongside its high cashback rates on gas, the CIBC Dividend Visa Infinite Card provides a generous discount on fuel at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.
APPLY NOW
on CIBC's website
Welcome Bonus
Up to $200
Rewards Rate
1% - 3%
Cash Back
Annual Fee
$99 $0
Interest Rates
20.99% / 22.99%
The CIBC Dividend Platinum® Visa Card* offers great cash back rates, especially for gas and groceries, with a lower annual fee of $99. It's a solid option for households with lower income requirements, and the fuel savings with Journie Rewards add extra value. However, the limited insurance coverage and the annual fee might make other cards more attractive if you're looking for more benefits.
Pros
- 10% Cash Back Welcome Offer: Earn 10% cash back for the first 4 months, up to $2,500 in spending.
- Solid Cash Back Rates: Get 3% cash back on gas, groceries, and EV charging, plus 2% on restaurants, transportation, and recurring bills.
- Fuel Savings: Save up to 10 cents per litre at Journie Rewards gas stations (Ultramar, Fas Gas, Pioneer, Chevron).
- Low Income Requirement: Only a $15,000 household income requirement, making it accessible to a wider audience.
Cons
- Limited Insurance Coverage: Only includes basic insurance options, which may not be ideal for travelers or those seeking comprehensive coverage.
- Annual Fee: The $99 annual fee reduces the net rewards slightly.
Rewards
- 3% cashback on gas and groceries if they are in the first $80K transactions of the year and $20K of categorical spends
- 2% cashback on transportation, dining and recurring bills if they are in the first $80K transactions of the year and $20K of categorical spends
- 1% cashback on all other eligible card purchases
Insurance
Coverage
Car Rental Damage & Theft
yesTravel Accident
$500,000Purchase Protection
90 daysExtended Warranty
Up to a year
Benefits
Details
Gas Discount
save up to 10¢/L on fuel at participating Pioneer, Fas Gas, Ultramar and Chevron gas stationsCar Rental Discount
Get up to 25% off auto rentals at participating Avis and Budget locations worldwide.
Eligibility
Credit Score
Very GoodAnnual Income
$15,000 household
The CIBC Dividend Platinum Visa Card earns cardholders slightly less cashback on gas purchases compared to the CIBC Dividend Visa Infinite Card, but it offers the same savings on fuel at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations, also optimized through Journie Rewards.
It's a simple card, meaning there isn't much insurance coverage or benefits (aside from the gas discount and a car rental discount).
Regardless, this is a great option for those who want some variety in terms of where they can optimize every pump of gas, all at a lower annual cost than the leading CIBC Dividend Visa Infinite Card.
Frequently Asked Questions
Is it smart to get a credit card for gas?
If you feel like you’re constantly funding your vehicle’s fuel intake, which most of us are, then opting into a credit card with gas perks (whether that be through rewards or benefits) is a good way to support this everyday expense. Just make sure that you’re ultimately selecting a credit card that complements most of your spending habits on top of your gas needs.
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Sara Skodak
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Since graduating from the University of Western Ontario, Sara has built a diverse writing portfolio, covering topics in the travel, business, and wellness sectors. As a self-started freelance content ...
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