Cash Back / Rewards Credit Cards in Canada
I was asked by Ellen Roseman of the Toronto Star to put together a list of Cash Back / Rewards credit cards in Canada, and I came up with the following list.
RBC Rewards Points Visa Cards
Merchandise including home furnishings, electronics, jewellery, sports equipment and more
Gift certificates from top retailers in Canada
https://www.rbcroyalbank.com/RBC:SN0tZI71A8cAHwCYqB0/cards/apply/pickcard.html
BMO Moneyback Reward
Interest Rate - 18.5%
Rewards up to 1% Moneyback reward every year on the purchases2 you've made with your card.
Earn 1.5% CashBack at Shell and save with a low interest rate.
NOTE: BMO has a bunch of "Give to Charity" rewards cards as follows:
http://www3.bmo.com/mosaik/student/perform_othercards?CTX=NU&PUID=064
Cards that support your cause from BMO
Arts & Culture
Cause & Community Service
Canadian Hockey League - CHL
Conservation & Agriculture
Education
Pets & Animal Welfare
Professional
Sports & Recreation
Universities and Colleges
MBNA PremierRewards
http://www.mbna.ca/shopping_cardList.html
1% back on all net retail purchases
MBNA - Ecologique
Earn carbon offset pointst that MBNA will use to acquire carbon offsets on your behalf
MBNA - Worldpoints
http://www.mbna.ca/shopping_cardList.html
* Earn 1 WorldPoint for every $1 in purchases
* Get 1,000 Bonus WorldPoints after your first qualifying transaction
Redeem WorldPoints for travel and merchandise rewards redemption levels start as low as 1,000 WorldPoints
MBNA Automotive Rewards
http://www.mbna.ca/auto_rewards_cardList.html
CAA Quebec
Earn a 0.5% rebate in CAA-Quebec dollars on net retail purchases and additional rebates on select gasoline
Chrysler Rewards®
Earn 1 reward point for every $1 on net retail purchases
Jeep Rewards
Earn 1 reward point for every $1 on net retail purchases
Dodge Rewards®
Earn 1 reward point for every $1 on net retail purchases
Harley Davidson
Earn 1 Genuine Reward point for every $2 in net retail purchases
NOTE:
MBNA Also has cards for its charitable causes.
http://www.mbna.ca/special_cardList.html
CARP
Canadian Wildlife Federation
Ducks Unlimited
Humane Society of Canada
The Royal Canadian Geographical Society
TD Rebate Visa
Earn up to 1% cash back with NO annual fee.
Interest rate 19.5%
http://www.tdcanadatrust.com/tdvisa/rebate.jsp
GM TD Visa
Earn 3% towards a new GM Vehicle
Interest Rate 19.75%
http://www.tdcanadatrust.com/tdvisa/gm.jsp#1
Capital One - Platinum Cash Back MasterCard
http://www.capitalone.ca
Up to 2% cash back:
- 1% cash back annually on total net purchases up to $10,000
- 1.5% cash back annually on total net purchases between $10,000.01 and $20,000
- 2% cash back annually on total net purchases above $20,000
$59 annual fee
Variable annual interest rate, currently 19.8%1
ScotiaBank Scotia Money Back Visa
http://www.scotiabank.com/cda/content/0,,CID10411_LIDen,00.html
Interest Rate 18.59%
Moneyback Reward
Rewards up to 1% Moneyback reward every year on the purchases2 you've made with your card.
CIBC Dividend Card
http://www.cibc.com/ca/visa/dividend-card.html
Earn up to 1% cash back (NOTE: It says earn UP TO 1%)
Interest rate 19.5%
CIBC Dividend Platinum Card
http://www.cibc.com/ca/visa/dividend-platinum-card.html
You can earn up to 2% in cash dividends -up to $735 annually!!
How the dividends are calculated
http://www.cibc.com/ca/visa/dividend-platinum/dividend-plat-ftrs.html
Current Interest rate: 19.5%
American Express Costco
Take advantage of the benefits
Interest Rate 18.25%
https://www212.americanexpress.com/
No Annual Fee
Earn an Annual Cash Rebate1 of 0.25% on the first $2,000, 0.50% on the following $3,000 and 1.50% on any amount over $5,000 to an annual maximum rebate amount of $500. Bonus Rebate of 0.5% on all net eligible new purchases when you carry a balance. The annual maximum Bonus Rebate amount is $125.
American Express Holt Renfrew Card
Interest Rate - 30% per annum
www.americanexpress.com
* $399 annual fee
There is no-preset spending limit1 on your account which allows you flexibility when spending, however, the balance must be paid in full each month. Using a charge card is a great way to manage your finances
* Finance Charges: 30% per annum (0.0822% per day)
* Automatic Enrollment in the Membership Rewards® program Holt Renfrew Tier and the Points Accelerator® Service1 for the Holt Renfrew Tier
Citizen's Bank Shared Interest Gold
www.citizensbank.ca
Our Shared Interest Gold Visa provides you with more purchasing power. You earn one My Visa Rewards Plus point for every dollar you spend on the card. Your points can be redeemed for free travel, merchandise, Citizens Bank financial products and charitable donations. If you'd prefer a lower interest rate, we offer that too. Plus, every time you use your card, Citizens Bank will donate $0.10 to support not-for-profit initiatives worldwide through the Shared Interest Fund.
Citizen's Bank - Charitable Donations Visa Cards
www.citizensbank.ca
Shared Interest Gold Credit Card
Oxfam Canada Credit Card
Amnesty International Credit Card
Questions that this article talks about:
What are the cash back cards available in Canada?
Which credit card companies offer cash back credit cards?
What is the best cash back credit card available?
