- 4%Cash back on groceries, gas, and EV charging
- 2%Cash back on dining, transportation, and recurring payments
- 1%Cash back on all other purchases
Earn up to $300 cash back (10% on first $3,000 spend in 4 statements) plus a $50 bonus for setting up a pre-authorized payment.
Earn 4% cash back on groceries, gas, and EV charging, 2% on dining, transportation, and recurring payments, and 1% on all other purchases.
21.99%
22.99%
The CIBC Dividend Visa Infinite Card stands out as the top choice because it offers one of the highest cash-back rates in Canada for essential spending categories like groceries and gas, making it ideal for high-income earners who want to maximize their rewards.
Pros:
- High cash back rates on essential categories
- Comprehensive insurance coverage
Cons:
- High income requirement
- Annual fee may apply
2.President’s Choice Financial World Elite Mastercard
PC Financial
- 4.5%Points at Shoppers Drug Mart
- 3%Points at participating grocery stores
- 1%Points on all other purchases
Receive 20,000 PC Optimum points upon activation and qualifying purchases.
Earn 4.5% back in points at Shoppers Drug Mart and 3% back at participating grocery stores.
21.99%
22.97%
What sets the President’s Choice Financial World Elite Mastercard apart is its exceptional rewards structure, particularly for grocery shoppers, allowing cardholders to earn significant points at Shoppers Drug Mart and other participating stores.
Pros:
- No annual fee
- High rewards at grocery stores
Cons:
- Limited to specific retailers
- Points can only be redeemed at PC stores
3.Neo World Elite Mastercard
Neo Financial
- 5%Cash back on groceries
- 4%Cash back on recurring payments
- 3%Cash back on gas
- 1%Cash back on all other purchases
N/A
Earn 5% back on groceries, 4% on recurring payments, and 3% on gas.
19.99%-29.99%
22.99%-31.99%
The standout feature here is the Neo World Elite Mastercard's high cash back rates, particularly for groceries and recurring payments, making it a compelling choice for those who spend heavily in these categories.
Pros:
- High cash back rates
- No annual fee for the first year
Cons:
- No standard welcome bonus
- High income requirement
4.TD Cash Back Visa Infinite Card
TD Canada Trust
- 3%Cash back on groceries, gas, and recurring bills
- 1%Cash back on all other purchases
Earn up to CA$600 in value, including 10% in Cash Back Dollars in the first 3 months.
Earn 3% cash back on groceries, gas, and recurring bills, and 1% on all other purchases.
21.99%
22.99%
This card shines for its robust cash back offerings, particularly in essential spending categories, making it an excellent option for families looking to maximize their rewards on everyday expenses.
Pros:
- High cash back on essential categories
- First-year fee rebate
Cons:
- Annual fee applies after the first year
- Spending limits on high cash back categories
- 5%Cash back on groceries
- 4%Cash back on transit
- 3%Cash back on gas
- 2%Cash back on recurring bills
- 1%Cash back on all other purchases
Receive up to CA$650 in cash back, including a $40 monthly cash back bonus for the first year with $2,000 spend.
Earn 5% cash back on groceries, 4% on transit, 3% on gas, and 2% on recurring bills.
21.99%
23.99%
The BMO CashBack World Elite Mastercard is an excellent choice for those who want to maximize their cash back on everyday purchases, particularly groceries and transit, while enjoying premium travel benefits.
Pros:
- High cash back rates in key categories
- Comprehensive travel insurance
Cons:
- Annual fee applies
- Spending limits on high cash back categories
6.SimplyCash Preferred Card from American Express
American Express
- 4%Cash back on gas and groceries
- 2%Cash back on all other purchases
Earn 10% cash back on all purchases in the first 3 months, up to CA$2,000, plus a $50 statement credit in the 13th month.
Earn 4% cash back on gas and groceries (up to CA$1,200 annually) and 2% on all other purchases.
21.99%
21.99%
The SimplyCash Preferred Card from American Express is a standout option for those who frequently spend on groceries and gas, offering a high cash back rate and a generous welcome bonus.
Pros:
- High cash back on groceries and gas
- No limit on cash back earnings
Cons:
- Annual fee applies
- Monthly fee structure
7.Canadian Tire Triangle World Elite Mastercard
Canadian Tire
- 4%CT Money at Canadian Tire/Sport Chek/Mark's
- 3%CT Money at groceries
- 1%CT Money on all other purchases
Receive a $150 bonus in CT Money by making an eligible purchase within 30 days of approval.
Earn 4% at Canadian Tire/Sport Chek/Mark's, 3% at groceries, and 1% everywhere else.
21.99%
22.99%
The Canadian Tire Triangle World Elite Mastercard is an excellent choice for those who frequently shop at Canadian Tire, offering high rewards and no annual fee, though the rewards are limited to store-specific currency.
Pros:
- No annual fee
- High rewards at Canadian Tire stores
Cons:
- Rewards are in CT Money only
- Limited redemption options
8.Scotiabank Gold American Express Card
Scotiabank
- 6%Scene+ points at select grocers
- 5%Scene+ points on dining/entertainment
- 3%Scene+ points on gas/transit/streaming
Earn up to $450 in travel rewards (45,000 bonus Scene+ points) for spending $2,000 in the first 3 months.
Earn 6x points at select grocers, 5x on dining/entertainment, and 3x on gas/transit/streaming.
20.99%
22.99%
The Scotiabank Gold American Express Card is a top contender for those who want to earn high rewards on everyday spending, particularly in dining and grocery categories, while enjoying the benefit of no foreign transaction fees.
Pros:
- High rewards on dining and groceries
- No foreign transaction fees
Cons:
- Annual fee applies
- Limited to Scene+ rewards program
Final Words
As you consider the best gas credit cards available this February 2026 in Canada, remember to evaluate your spending habits and look for cards that maximize your rewards. Take time to compare the options available, ensuring you make an informed decision that aligns with your financial goals.
Frequently Asked Questions
With the CIBC Dividend Visa Infinite Card, you can earn up to $300 cash back (10% on first $3,000 spend in 4 statements) plus a $50 bonus for setting up a pre-authorized payment. You also earn 4% cash back on groceries, gas, and EV charging, making it ideal for frequent spenders in these categories.
The President’s Choice Financial World Elite Mastercard offers a welcome bonus of 20,000 PC Optimum points upon activation and qualifying purchases. You earn 4.5% back in points at Shoppers Drug Mart and 3% back at participating grocery stores, making it a great choice for grocery shoppers.
The Neo World Elite Mastercard does not have a welcome bonus but offers attractive rewards: you earn 5% back on groceries, 4% on recurring payments, and 3% on gas. This makes it a strong contender for those who spend significantly in these areas.
Some gas credit cards have annual fees, while others, like the President’s Choice Financial World Elite Mastercard, have no annual fee. It's important to weigh the benefits of the card's rewards against any fees to determine its value based on your spending habits.
When selecting a gas credit card, consider the reward rates for gas purchases, any welcome bonuses, and whether the card has an annual fee. Additionally, check if the card offers rewards on other categories you frequently spend in, such as groceries or dining.
To maximize rewards with a gas credit card, use it for all gas purchases and any additional categories that offer higher cash back rates. Also, keep an eye on any promotional offers or bonuses that can enhance your earnings, such as increased rewards for the first few months.
Eligibility for gas credit cards in Canada typically includes being of legal age, having a good credit score, and meeting any income requirements set by the card issuer. Some premium cards may have higher income thresholds or require a minimum annual income.
