- 4%Cash back on groceries, gas, and electric vehicle charging
- 2%Cash back on dining, transportation, and recurring payments
- 1%Cash back on all other purchases
Earn 10% cash back on up to CA$2,500 in purchases within the first four statements.
Earn 4% cash back on groceries, gas, and electric vehicle charging, 2% on dining, transportation, and recurring payments, plus 1% on all other purchases.
The CIBC Dividend Visa Infinite Card stands out as the top choice because it offers exceptional cash back rates on essential spending categories like groceries and gas, making it ideal for everyday use. With a robust welcome bonus and comprehensive insurance benefits, it provides significant value for those who meet the income requirements.
Pros:
- High cash back rates
- Comprehensive travel insurance
Cons:
- High annual fee
- Income requirement of CA$60,000
2.Scotia Momentum Visa Infinite
Scotiabank
- 4%Cash back on groceries and recurring bill payments
- 2%Cash back on gas, transit, rideshares, and food delivery
- 1%Cash back on all other purchases
Get 10% cash back on up to CA$2,000 in purchases in the first three months.
Earn 4% cash back on groceries and recurring bill payments, 2% on gas, transit, rideshares, and food delivery, and 1% on all other purchases.
What sets the Scotia Momentum Visa Infinite apart is its high cash back rates on essential spending categories, particularly groceries and recurring payments. This card is particularly appealing for those who want to maximize their rewards on everyday expenses while enjoying a waived annual fee in the first year.
Pros:
- High cash back on groceries
- No annual fee in the first year
Cons:
- Limited to specific categories
- Income requirement of CA$60,000
3.American Express Gold Rewards Card
American Express
- 2%Points on travel, gas, groceries, and drugstores
- 1%Points on all other purchases
Earn up to 60,000 points in the first year.
Earn 2 Membership Rewards points for every CA$1 spent on travel, gas, groceries, and drugstores.
The American Express Gold Rewards Card shines for its premium travel rewards and extensive benefits tailored for frequent travelers. With a generous welcome bonus and high earning potential on essential categories, it is an excellent choice for those who prioritize travel and lifestyle perks.
Pros:
- High rewards on travel and groceries
- Comprehensive travel benefits
Cons:
- High annual fee
- Requires excellent credit
- 3%Points on Porter flights
- 2%Points on dining, groceries, gas, and transportation
- 1%Points on all other purchases
Get up to 70,000 VIPorter points and a round-trip companion pass.
Earn 3 points per CA$1 on Porter flights, 2 points per CA$1 on dining, groceries, gas, and transportation, and 1 point on other purchases.
The BMO VIPorter World Elite Mastercard is designed for frequent travelers with Porter Airlines, offering robust rewards on flights and dining. Its standout features include a generous welcome bonus and a companion pass, making it an excellent choice for those who travel often with Porter.
Pros:
- High points on Porter purchases
- Companion pass benefit
Cons:
- High annual fee
- Income requirement of CA$80,000
5.American Express Aeroplan Card
American Express
- 2%Points on Air Canada/Air Canada Vacations
- 1.5%Points on dining/food delivery in Canada
- 1%Points on all other purchases
Earn 30,000 Aeroplan points after spending CA$3,000 in the first 3 months.
Earn 2 Aeroplan points per CA$1 spent on Air Canada and 1.5 points on dining.
The American Express Aeroplan Card excels in providing accelerated rewards for travel and dining, making it a strong contender for those who frequently fly with Air Canada. Its significant welcome bonus and additional travel perks enhance its appeal for avid travelers.
Pros:
- Accelerated rewards on travel and dining
- Free checked bags on Air Canada flights
Cons:
- Annual fee
- Requires good credit
6.TD Rewards Visa Infinite Card
TD Bank
- 8%Points on travel booked via Expedia for TD
- 6%Points on groceries, dining, and transit
- 1%Points on all other purchases
Earn up to 165,000 TD Rewards points.
Earn up to 8 points per CA$1 on travel booked via Expedia for TD, 6 points on groceries/dining/transit.
The TD Rewards Visa Infinite Card stands out for its high-value travel rewards, particularly for bookings made through Expedia for TD. With a substantial welcome bonus and a first-year fee waiver, it offers excellent value for frequent travelers.
Pros:
- High points on travel bookings
- First-year annual fee rebate
Cons:
- Annual fee after the first year
- Minimum spend requirement
7.American Express Platinum Card
American Express
- 2%Points on eligible dining
- 1%Points on all other purchases
Earn up to 100,000 Membership Rewards points.
Earn 2 points for every CA$1 spent on eligible dining and 1 point on all other purchases.
The American Express Platinum Card is a premier choice for luxury travelers, offering extensive benefits such as airport lounge access and a substantial welcome bonus. Its high annual fee is offset by the premium perks and rewards, making it ideal for those who travel frequently.
Pros:
- Extensive airport lounge access
- High welcome bonus
Cons:
- Very high annual fee
- Requires excellent credit
Final Words
As you explore the best credit card signup bonuses this March 2026 in Canada, remember that choosing a card that aligns with your spending habits can maximize your rewards. Take time to compare your options and make informed decisions to ensure you select the credit card that best meets your financial goals.
Frequently Asked Questions
Earn 10% cash back on up to CA$2,500 in purchases within the first four statements.
Get 10% cash back on up to CA$2,000 in purchases in the first three months.
Earn 4% cash back on groceries, gas, and electric vehicle charging, 2% on dining, transportation, and recurring payments, plus 1% on all other purchases.
Earn 2 Membership Rewards points for every CA$1 spent on travel, gas, groceries, and drugstores.
Consider the type of rewards that align with your spending habits, such as cash back or travel points. Additionally, review the annual fees and welcome bonuses to determine overall value.
Yes, many cashback credit cards may have an annual fee. It's essential to weigh these fees against the potential rewards to see if the card fits your financial goals.
You can usually apply online through the credit card issuer's website. Ensure you meet the eligibility requirements and have the necessary documentation ready for a smooth application process.
The spending requirement is the minimum amount you need to spend within a specified time to earn the bonus. Understanding this helps you plan your purchases to maximize the benefits of the card.
