1.American Express Cobalt® Card
American Express
- 5%Membership Rewards points on eligible eats & drinks including groceries and food delivery
- 3%Membership Rewards points on eligible streaming subscriptions
- 1%Membership Rewards points on all other purchases
Earn 1,250 bonus points for each monthly billing period in which you spend $750 on your Card, totaling 15,000 points.
Earn 5x Membership Rewards points on eligible purchases like groceries, restaurants, and food delivery up to $2,500/month.
21.99%
21.99%
The American Express Cobalt Card stands out as the top choice because it offers an impressive 5x points on essential categories like groceries and dining, making it ideal for those who frequently spend in these areas. Its flexible rewards structure and valuable welcome bonus further enhance its appeal, ensuring cardholders can maximize their benefits.
Pros:
- High rewards on everyday spending
- Flexible rewards redemption options
Cons:
- Monthly fee can add up
- Requires understanding of point redemption
- 4%Cash back on gas, groceries, and EV charging
- 2%Cash back on dining and transportation
- 1%Cash back on all other purchases
Earn 10% cash back on spending in the first four statements, plus a $50 cash back bonus for setting up pre-authorized payments.
Earn 4% cash back on gas, groceries, and EV charging, 2% on dining and transportation, and 1% on everything else.
21.99%
22.99%
What sets the CIBC Dividend Visa Infinite card apart is its straightforward cash back structure, offering 4% on essential spending categories without any annual cap. This makes it particularly appealing for frequent spenders in gas and groceries, maximizing rewards effortlessly.
Pros:
- High cash back rates on essential categories
- No annual cap on earnings
Cons:
- Annual fee applies
- Income requirements may limit eligibility
- 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
Earn up to CA$480 in monthly cash back in the first year plus a first-year annual fee rebate.
Earn 5% cash back on groceries, 4% on transit, 3% on gas, and 2% on recurring bills.
21.99%
23.99%
This card shines for its high cash back rates on essential spending categories, making it a top choice for those who prioritize maximizing their rewards on everyday purchases. The added benefit of no waiting for cash back redemption enhances its appeal for frequent shoppers.
Pros:
- High cash back on essential categories
- No waiting for cash back redemption
Cons:
- High income requirement
- Annual fee applies
4.Scotiabank Gold American Express Card
Scotiabank
- 6%Scene+ points on groceries
- 5%Scene+ points on dining and entertainment
- 3%Scene+ points on gas and transit
- 1%Scene+ points on all other purchases
Earn 25,000 points for spending $2,000 in the first three months and an additional 20,000 points for spending $7,500 in the first year.
Earn up to 6x Scene+ points on groceries, dining, entertainment, gas, transit, and streaming.
20.99%
22.99%
The standout feature here is the ability to earn up to 6x points on essential categories, making it an excellent choice for those who frequently spend on groceries and dining. Coupled with no foreign transaction fees, it offers significant value for international travelers.
Pros:
- High multipliers on various categories
- No foreign transaction fees
Cons:
- Annual fee applies
- Spending thresholds for bonuses
5.Scotia Momentum Visa Infinite Card
Scotiabank
- 4%Cash back on groceries and recurring bills
- 2%Cash back on gas and transit
- 1%Cash back on all other purchases
Earn 10% cash back on the first $2,000 in purchases within the first 3 months.
Earn 4% on groceries and recurring bills, 2% on gas and transit, and 1% on everything else.
20.99%
22.99%
A key differentiator is its tiered cash back structure, which allows cardholders to earn 4% on essential categories like groceries and recurring bills. This makes it particularly valuable for those looking to maximize rewards on everyday spending.
Pros:
- High cash back on essential spending
- Comprehensive travel insurance
Cons:
- Annual fee applies
- Spending caps on higher rates
6.PC World Elite Mastercard
PC Financial
- 45Points per $1 spent at Shoppers Drug Mart
- 30Points per $1 spent at participating grocery stores
- 10Points per $1 spent on all other purchases
Earn 20,000 PC Optimum points after your first purchase at a participating store within six months of approval.
Earn 45 points per $1 at Shoppers Drug Mart and 30 points per $1 at participating grocery stores.
21.99%
22.97%
This card excels in providing high earn rates at grocery and pharmacy stores, making it an excellent choice for frequent shoppers at PC-affiliated locations. The lack of an annual fee further enhances its value proposition.
Pros:
- No annual fee
- High earn rates at grocery and pharmacy
Cons:
- Limited to PC-affiliated stores for maximum rewards
- Income requirements may apply
- 5Points per $1 spent on eligible purchases
- 1Points per $1 spent on all other purchases
Earn 20,000 points for spending $2,000 in the first 90 days and another 10,000 points for enrolling in paperless statements.
Earn up to 5 points per $1 spent on eligible purchases.
21.99%
22.99%
The standout feature of the MBNA World Elite Mastercard is its high earning potential across various categories, making it a strong contender for those looking to maximize their rewards. Coupled with comprehensive insurance benefits, it offers significant value for frequent travelers.
Pros:
- High rewards on various categories
- Comprehensive insurance coverage
Cons:
- Annual fee applies
- Income requirements may limit eligibility
8.SimplyCash Preferred Card from American Express
American Express
- 4%Cash back on eligible gas and groceries
- 2%Cash back on all other purchases
Earn 10% cash back on all purchases for the first 3 months (up to $2,000 in spending) plus a $50 statement credit in the 13th month.
Earn 4% on eligible gas and groceries and 2% on all other purchases.
21.99%
21.99%
This card is particularly appealing for those who frequently spend on gas and groceries, offering a generous 4% cash back in these categories. The additional welcome bonus and straightforward cash back structure make it a strong choice for everyday spending.
Pros:
- High cash back on gas and groceries
- No limit on cash back earnings
Cons:
- Annual fee applies
- Requires careful management to avoid penalties
Final Words
As you consider the best grocery credit cards this January 2026 in Canada, remember that the right choice hinges on your spending habits and reward preferences. Take time to compare the options available to you and make informed decisions that align with your financial goals.
Frequently Asked Questions
Earn 1,250 bonus points for each monthly billing period in which you spend $750 on your Card, totaling 15,000 points.
Earn 4% cash back on gas, groceries, and EV charging, 2% on dining and transportation, and 1% on everything else.
Earn 5% cash back on groceries, 4% on transit, 3% on gas, and 2% on recurring bills.
The annual fee for the American Express Cobalt® Card is CA$191.88.
To maximize rewards, choose a card that offers high cash back or points on grocery purchases. Also, consider using the card for other eligible spending categories and ensure you meet any spending requirements to unlock bonuses.
Consider the annual fee, reward rates on grocery purchases, and any additional benefits like welcome bonuses or cash back on other categories. It's also important to assess your spending habits to find a card that aligns with your needs.
If you don't spend a significant amount on groceries, a grocery credit card may not provide enough rewards to justify any associated fees. Look for cards that offer good rewards on other spending categories that you frequently use.
The application process typically involves filling out an online form with personal and financial information, such as income and spending habits. Approval can be immediate or take a few days, depending on the card issuer's review process.
