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Canada's 9 Best Grocery Credit Cards of September 2025
Published Sep 12, 2025 5:37 AM UTC • 12 min read
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Objective editorial approach - we strive for unbiased reviews following our editorial guidelines
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.
Our choice for: Best Overall Grocery Credit Card
APPLY NOW
on MBNA's website
Welcome Bonus
Up to 30,000 points ($245 in cash back value or $300 when redeemed for MBNA Travel)††
Rewards Rate
1x - 5x Points
Points
Annual Fee
$120
Interest Rates
19.99%* / 24.99%*
The MBNA Rewards World Elite® Mastercard® is one of the best reward credit cards in Canada, offering high rewards on frequently spent categories such as groceries and restaurant purchases. The annual birthday bonus, unique to this card, also provides a significant boost to your yearly earnings. Additionally, the card features a comprehensive list of benefits, including price protection—a rare and valuable perk not found with many other cards in Canada. These factors make this card one of the best to have in Canada.
Pros
- Both restaurants and groceries earn the most rewards, two of the most commonly spent categories.
- The MBNA rewards world elite Mastercard offers a great annual birthday bonus with up to $150 in value.
- A solid list of travel insurance and benefits.
- Price protection, a rare feature not offered by many other cards.
- Good value for many of the card's redemption options.
Cons
- Trip cancellation and interruption insurance, two great benefits are missing from this card.
- Not the best card for gas purchases.
Rewards
- Earn 5 points‡ for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases until $50,000 is spent annually in the applicable category.
- 1 point‡ for every $1 on all other eligible purchases.
- Each year, you will receive Birthday Bonus Points‡ equal to 10% of the total number of Points the Account earned in the 12 months before the month of the primary cardholder's birthday, to a maximum Birthday Bonus each year of 15,000 Points.
Insurance
Coverage
Mobile Device Insurance
$1000
Purchase Protection
Up to 90 days
Extended Warranty
Up to a year.svg)
Car Rental Damage & Theft
31 days
Flight Delay
$500/person after 4 hours
Travel Accident
$1,000,000
Emergency Out of province Medical
$2M for 21 days
Lost or Stolen Baggage
$1000/personBaggage Delay
$1000/person
Benefits
Details
Annual Birthday Bonus
10% of the Points earned the 12 months prior to the primary cardholder's birthday month (up to a max 15,000 bonus points per year)
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
Trip and legal Assistance
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Concierge Services
Price Protection
$500/item, $1000/account per year
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
**, ††, ‡, ✪, ***, ††††, Terms and Conditions apply.
This offer is not available for residents of Quebec.
Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.
The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank. Check here for full details and current product information.
Our choice for: Best for Cashback
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 $1,000,000
Trip Cancellation
$1,000
Trip Interruption
$1,000Flight Delay
$500Baggage Delay
$1,000Lost or Stolen Baggage
$1,000
Hotel 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
Our choice for: Cashback Specifically on Groceries
APPLY NOW
on Scotiabank's website
Welcome Bonus
10% Cash Back (up to $200 value)
Rewards Rate
1% - 4%
Cash Back
Annual Fee
$120 $0
Interest Rates
20.99% / 22.99%
The 4% cashback offered on groceries and recurring purchases is the highest among all other credit cards. With the first year's annual fee waived, and with the right transactions used on this credit card, a high amount of cashback could be earned.
Pros
- Highest Cashback rates on Groceries and Recurring purchases compared to other cashback credit cards.
- High insurance coverage.
- First year annual fee waived.
Cons
- The base cashback rate (1%) is low for most high spent categories, especially after the first year when the card's annual fee kicks in.
- Cashback is paid out once per year in November
Rewards
- 4% cashback on groceries, recurring payments (up to $25,000 in purchases, equals to $1000 cashback per year then drops to 1%)
- 2% cashback on gas, daily transit (maximum $500 cashback per year)
- 1% cashback on all other credit card purchases (unlimited).
Insurance
Coverage
Mobile Device Insurance
$1,000Travel Accident
$500,000Emergency Out of province Medical
15 daysTrip Interruption
$2,000Trip Cancellation
$1,500Flight Delay
$500Lost or Stolen Baggage
$500Baggage Delay
$500Car Rental Damage & Theft
48 daysPurchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Car Rental Discount
25% off base rate of Avis Rent A Car and Budget Rent A Car
Visa Infinite Exclusive Benefits
Yes
Eligibility
Credit Score
GoodAnnual Income
$60,000 personal or $100,000 household
*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.
Our choice for: Loblaws related stores
APPLY NOW
on PC Financial's website
Welcome Bonus
20,000 PC points ($20 value)
Rewards Rate
10x - 45x Optimum Points
Points
Annual Fee
$0
Interest Rates
21.99% / 22.97%
This is a great card to have in your arsenal if you frequently shop at Shoppers Drug Mart®, Loblaw's owned chains, and ESSO and Mobil gas stations, as you will earn significant rewards in these categories. The additional benefits, such as out-of-province medical insurance, car rental damage insurance, and concierge service, are impressive and typically only come with cards that have annual fees; however, you can access these benefits for free with this card. We do not recommend using this as your primary credit card but as a supplement to another primary card, especially because there are no fees. This is because the rewards on purchases outside the mentioned shops are very average, and many other cards offer much more substantial rewards for general use.
Pros
- Out-of-province medical insurance, concierge service, and car rental damage insurance—benefits that are usually included with cards that have fees—are included with this card.
- Decent rewards on purchases at Shoppers Drug Mart®, Loblaw's owned chains, and ESSO and Mobil gas stations.
Cons
- Many other high-spend categories don't earn as many rewards. Shopping at any other grocery chains, gas stations, or pharmacies will only give the base reward rate, and restaurant purchases and purchases in other categories don't earn much either.
Rewards
- 45 points per $1 dollar spent at Shoppers Drug Mart® stores
- 30 points per $1 dollar spent at Atlantic Superstore, Extra Foods, Fortinos, Loblaws, Maxi, Maxi & cie, no frills, Provigo, Real Canadian Superstore, SaveEasy, SuperValu, valu-mart, Your Independent Grocer, Zehrs
- 20 points per $1 spent in PC travel
- 19 points per $1 dollar spent at ESSO and Mobil (it's 30 points per liter and the assumption of average gas price of $1.6 was made)
- 10 points per $1 dollar spent for everything else
Insurance
Coverage
Emergency Out of province Medical
$1M, Up to 10 daysCar Rental Damage & Theft
Up to 31 daysPurchase Protection
90 daysExtended Warranty
Doubled up to a year
Benefits
Details
Concierge Services
Identity Theft Assistance
Eligibility
Credit Score
Very GoodAnnual Income
$80,000 personal or $150,000 household
Our choice for: Earning Points for Traveling
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.
Our choice for: Best for Sobeys, Safeway, and more*
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 daysTrip Cancellation
$1500/person, $10000/tripTrip 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
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.
Our choice for: Best for Save On Foods and more*
APPLY NOW
on RBC's website
More Rewards is a loyalty program with over 700 participating locations primarily based in Western Canada is best suited for residents in this region. This product is not available to residents of Quebec.
Welcome Bonus
Get up to 50,000 bonus More Rewards points[1]
Rewards Rate
3x - 5x points
Points
Annual Fee
$0
Interest Rates
20.99% / 22.99%□
The More Rewards RBC Visa is a decent no annual fee entry card that can earn you More Rewards points really fast on all your purchases. Points are best used for travel, groceries or gift cards. If you frequently shop at More Rewards partner stores like Save-On-Foods, Urban Fare, etc. then you can rack up points really quickly and save a lot each year on groceries when you redeem your points.
Pros
- 5 points per $1 on the most common spending categories like gas, dining and groceries at more than 700 More Rewards partner locations.
- No annual fee to pay.
Cons
- Low value of points, being an average of 0.43 cents per point for Travel redemption or a varying range on groceries at More Rewards partner locations.
Rewards
- 5 points per $1 spent on qualifying purchases at over 700 participating More Rewards partner locations, including Save-On-Foods, Quality Foods, Buy-Low Foods, PriceSmart Foods, Urban Fare, Nester Market, Pure Pharmacy and more.
- 5 points per $1 spent on qualifying gas, EV charging and dining purchases
- 3 points per $1 spent on all other qualifying purchases
Insurance
Coverage
Mobile Device Insurance
$1,000Extended Warranty
1 yearPurchase Protection
90 days
Benefits
Details
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Gas Discount
Save 3¢/L on fuel and earn 20% more Petro-Points when you pay with a linked RBC card
Eligibility
Credit Score
FairAnnual 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.
Our choice for: Best for Walmart
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.
Our choice for: Best for Costco
APPLY NOW
on Rogers Bank's website
Welcome Bonus
Up to $60 cash back ($90 if redeemed for Rogers, Fido or Shaw purchases)^
Rewards Rate
1% - 3%
Cash Back
Annual Fee
$0
Interest Rates
20.99% - 25.99%* / 22.99% - 27.99%*
This card is one of our top-ranked options in terms of rewards, especially if you are a Rogers, Fido, or Shaw customer. With those services, you can effectively get a 3% cashback rate, which is a higher rate than almost any other card offers, even those with annual fees! If you have a high income of $80K or a household income of $150K, you can apply for the World Elite version of this card, which comes with additional insurance and benefits like a lounge pass.
Pros
- Voted as the Best Cash Back Card in Canada for Rogers, Fido and Shaw Customers by FinlyWealth. Compare this card here.
- There is no annual fee, a notable perk for a card with such high reward multipliers. Most cards with slightly lower reward rates typically have annual fees.
- Offers the flexibility to redeem cash towards Rogers, Shaw, or Fido services, potentially increasing the value of your earned rewards.
- The roam-like benefit is a benefit unique only to this card.
- It is accepted at nearly all locations as it's a Mastercard.
Cons
- No real insurance coverage (only balance protection), not even purchase protection or extended warranty which are pretty standard benefits for almost all credit cards.
- Low rewards multiplier if you don't have an eligible Rogers, Shaw, or Fido service.
Rewards
- Earn 2% unlimited cash back on all eligible non-U.S. dollar purchases if you have 1 qualifying service with Rogers, Fido or Shaw.^
- Otherwise earn 1% unlimited cash back on eligible non-U.S. dollar purchases.^
- Earn 2% unlimited cash back on all eligible purchases made in U.S. dollars.^
- Get 1.5 times more cash back every time you redeem for Rogers, Fido or Shaw purchases.^
- 5 Roam Like Home days at no cost with an eligible Rogers mobile plan every year (up to $80 value).^
Insurance
Coverage
Balance Protection
Minimum payments
Benefits
Details
No Cost roaming
5 days
Eligibility
Credit Score
GoodAnnual Income
N/A
**, ^, Terms and conditions apply. Rogers Bank is not responsible for maintaining or controlling the accuracy of the information published on this website. For full and up-to-date product information, visit Rogersbank.com. Standard rate on Purchases and Fees: 20.99%. Standard rate on Cash Advances, Cash-like Transactions and Balance Transfers: 22.99%. If you are not approved for an Account at the above rates and you reside outside Quebec, we (Rogers Bank) may still issue you an Account at our alternate interest rates, as follows: Standard Rate for Purchases and Fees: 25.99%, Standard Rate for Cash Advances, Cash-like Transactions and Balance Transfers: 27.99%. ®/TM Mastercard and World Elite are registered trademarks and the circles design is a trademark of Mastercard International Incorporated. Used under license. TM Rogers and Mobius Design, Rogers Bank and related marks, logos and brand names are trademarks of Rogers Communications Inc., or an affiliate, used under license. © 2025 Rogers Bank. Rogers Bank is the issuer of this credit card. Check here for full details and current product information.
From our editors: The full list of Best Grocery Credit Cards in Canada For 2025
Best overall grocery credit card: MBNA Rewards World Elite Mastercard
The MBNA World Elite Mastercard stands out as one of the best credit cards in Canada overall, not just for groceries. It’s widely accepted at virtually all grocery stores, including those that often exclude certain networks and offers top-tier rewards thanks to Mastercard’s broad merchant coding, covering even retailers like Walmart Supercenters. With a generous cap on bonus rewards, cardholders can earn consistently without worrying about limits. Beyond groceries, it also delivers strong value through competitive earn rates in other categories, comprehensive insurance coverage, and even a birthday bonus, making it a well-rounded choice for maximizing everyday spending. Learn more in our MBNA Rewards World Elite Mastercard review.
Best for cashback: Neo World Elite® Mastercard®
The Neo World Elite Mastercard offers solid cashback on grocery purchases, with the potential for even higher returns if you maintain a certain balance in a Neo everyday account. Its reward structure becomes especially attractive when used at Neo’s partnered grocery retailers, such as Loblaws and the Real Canadian Superstore, where additional cashback is layered on top. While the card comes with an annual fee and notable income requirements, it could be a worthwhile option for those who shop frequently at partner stores and are willing to leverage Neo’s banking ecosystem to maximize their grocery rewards. Learn more in our Neo World Elite Mastercard review.
Best for cashback specifically on groceries: Scotia Momentum® Visa Infinite* Card
The Scotia Momentum Visa Infinite Card is best for cashback specifically on groceries, offering strong returns at major retailers like Loblaws and the Real Canadian Superstore, thanks to Visa’s recognition of these stores as eligible grocery merchants. While it doesn’t include bonus opportunities through savings accounts or partnered boosts like the Neo World Elite Mastercard, it still delivers nearly comparable cashback on grocery purchases. With a lower annual fee that’s waived in the first year and more accessible income requirements, it’s a compelling choice for those focused on maximizing grocery rewards without needing to meet premium eligibility criteria. Learn more in our Scotia Momentum Visa Infinite Card review.
Best for Loblaws related stores: PC World Elite Mastercard
If you prefer earning points over cashback and frequently shop at Loblaws-owned stores, the PC World Elite Mastercard is a top no-fee option. It lets you earn PC Financial points at a wide range of grocery chains like No Frills, Real Canadian Superstore, Fortinos, and more, and also rewards purchases at Shoppers Drug Mart, ESSO, Mobil, and PC Travel, making it a versatile everyday and travel-friendly card. Despite having no annual fee, it carries income requirements similar to premium cards like the Neo World Elite Mastercard. Still, for those who qualify, it’s a strong budget-friendly alternative for grocery rewards, especially within the Loblaws ecosystem.
Best for earning points for traveling: American Express Cobalt® Card
The American Express Cobalt Card is one of the best credit cards in Canada, thanks to its high points-earning potential on groceries and everyday spending like dining, gas, and transit. While it’s not accepted at Loblaws, Costco, or Walmart, it shines at eligible grocers and offers excellent value through the Membership Rewards program. It’s also one of the best cards for earning travel points, with flexible redemptions that make it easy to turn daily purchases into travel rewards. Learn more in our American Express Cobalt Card review.
Best for Sobeys, Safeway, and more: Scotiabank Gold American Express® Card
The Scotiabank Gold American Express Card is a strong option for Sobeys shoppers who want to earn generous Scene+ points on groceries at stores like Sobeys, Safeway, Freshco, and Foodland. It also offers solid rewards at non-partner grocery stores and allows points to be redeemed for future grocery purchases or entertainment. With a lower annual fee and modest income requirements, it’s an accessible and rewarding choice for those who frequently shop at Sobeys-owned chains and want to turn their spending into everyday value. Learn more in our Scotiabank Gold American Express Card review.
Best for Save On Foods and more: More Rewards RBC Visa
The More Rewards RBC Visa Card is a no-fee, no-income-requirement grocery credit card tailored for shoppers who frequent More Rewards partner grocers like Save On Foods, Buy-Low Foods, Quality Foods, Nesters Market, Urban Fare, and PriceSmart Foods. It offers strong points per dollar on grocery purchases at these stores, along with bonus rewards on gas, EV charging, and dining. Cardholders also benefit from standard purchase protection, extended warranty, and mobile device insurance. Plus, linking the card to Petro-Canada rewards unlocks additional gas discounts and Petro-Points, making it a well-rounded and budget-friendly choice for regional grocery shoppers.
Best for Walmart: BMO CashBack® World Elite® Mastercard®
The BMO Cashback World Elite Mastercard is a strong choice for Walmart grocery shoppers, offering competitive cashback on grocery purchases and a valuable welcome bonus that boosts your earnings in the first few months. It also includes bonus rewards in other everyday spending categories and provides standard benefits like extended warranty and travel insurance. With a slightly lower annual fee that’s waived in the first year and high cashback potential from the start, this card is a budget-friendly option for those looking to maximize grocery rewards at Walmart without ongoing partner programs or extra conditions. Learn more in our BMO CashBack World Elite Mastercard review.
Best for Costco: Rogers Red Mastercard®
Costco is one of the trickiest grocery retailers to earn rewards at, as it’s often classified as a department store, even when using Mastercard, the only credit card accepted at its warehouses. However, the Rogers Red Mastercard offers a clever workaround. While it doesn’t have a dedicated grocery category, it provides a high base cashback rate on all purchases, which applies to Costco grocery transactions. This makes it one of the most budget-friendly and effective options for earning strong rewards at Costco. If you’re looking to maximize your grocery spend at Costco without jumping through hoops, this card is a smart choice. Learn more in our Rogers Red Mastercard review.
How we picked these cards
Many factors were considered when choosing the best grocery credit cards. The biggest factor was the amount of cashback or points earned on grocery-related purchases minus the annual fees that come with the cards. The next biggest factor was acceptability, as some networks are accepted more throughout grocery stores in Canada. And lastly, for those who regularly buy groceries at a specific chain, cards that earn the most at those specific chains are recommended.
Frequently Asked Questions
Grocery-optimizing credit cards are a great way to earn money back or rewards towards other expenses simply for purchasing your daily necessities.
Since groceries are one of the most common (and these days some of the most expensive) purchases we make on a day-to-day basis, why wouldn’t we want some extra cash or points in return?
In the long run, using a grocery credit card allows you to earn, save, and optimize money.
Many credit cards will either highlight partnered grocers in their rewards program or simply mention “grocery purchases” as a specialized earn category.
Most of the time, you can refer to your credit card network’s merchant category codes to determine which retailers are considered grocery stores under your card. The Canadian merchant code for grocery stores and supermarkets in Canada is 5411.
There are also certain stores where only some credit cards count purchases as grocery purchases. Two popular gray-area-grocery examples are Walmart and Costco. Only Mastercard recognizes Walmart as a grocery store rather than a department store. As for Costco, while Costco warehouses only accept Mastercards, Mastercard likely won’t recognize Costco purchases as grocery purchases. So, you’ll have to use a high base-rate-earning Mastercard to optimize your Costco groceries like the Rogers Red World Elite Mastercard.
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