1.American Express Cobalt Card
American Express
- 5%Points on eligible eats & drinks
- 3%Points on streaming subscriptions
- 2%Points on transit and gas
- 1%Points on all other purchases
Earn up to 15,000 Membership Rewards points by getting 1,250 points for each of the first 12 monthly billing cycles where you spend at least $750 in net purchases.
Earn 5x points on eligible eats & drinks, 3x on streaming, 2x on transit/gas, and 1x on other purchases.
21.99%
21.99%
The American Express Cobalt Card stands out as the top choice because it offers an exceptional rewards structure, particularly for food and dining, allowing cardholders to earn 5x points on eligible purchases. Its flexibility in redeeming points for various rewards makes it a superior option for those who frequently dine out or order food delivery.
Pros:
- High earning rates on dining and groceries
- Flexible redemption options
Cons:
- Monthly fee can add up
- Requires good credit score
2.Scotiabank Gold American Express Card
Scotiabank
- 6%Points at select grocers
- 5%Points on dining and entertainment
- 3%Points on gas, transit, and streaming
Earn 45,000 bonus Scene+ points for new clients who spend $2,000 within the first 3 months.
Earn 6x Scene+ points at select grocers, 5x on dining/entertainment, and 3x on gas/transit/streaming.
20.99%
22.99%
What sets the Scotiabank Gold American Express Card apart is its high earning potential on everyday purchases, particularly groceries and dining, making it an excellent choice for frequent shoppers. The card also offers no foreign transaction fees, enhancing its value for travelers.
Pros:
- No foreign transaction fees
- High rewards on groceries and dining
Cons:
- Annual fee applies after the first year
- Spending requirement for bonus points
- 5%Points on groceries, restaurants, and utilities
- 1%Points on all other purchases
Earn up to 30,000 bonus points by spending $2,000 within the first 90 days and enrolling in paperless statements.
Earn 5 points per $1 on groceries, restaurants, digital media, memberships, and utilities.
21.99%
22.99%
The standout feature of the MBNA Rewards World Elite Mastercard is its high earning potential, allowing cardholders to earn 5 points per dollar on a wide range of everyday purchases. This card is particularly appealing for those who want to maximize their rewards on groceries and dining.
Pros:
- High earning rate on everyday purchases
- Flexible redemption options
Cons:
- Annual fee applies
- Requires high income for eligibility
4.CIBC Costco Mastercard
CIBC
- 3%Cash back at restaurants and Costco gas
- 2%Cash back at other gas stations and Costco.ca
- 1%Cash back on all other purchases
Earn a $100 statement credit when $3,000 or more is spent within 120 days from account opening.
Earn 3% cash back at restaurants and Costco gas, 2% on other gas/EV charging, and 1% on all other purchases.
21.75%
22.49%
This card shines for its cash back rewards, particularly for Costco members, offering 3% back on purchases at restaurants and Costco gas. Its lack of an annual fee makes it an attractive option for those who frequently shop at Costco.
Pros:
- No annual fee
- Strong cash back rewards at Costco
Cons:
- Requires Costco membership
- Limited to Costco and select categories
5.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% cash back on eligible purchases 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%
A key differentiator for the TD Cash Back Visa Infinite Card is its robust cash back earning potential, particularly on essential spending categories like groceries and gas. This card is designed for high-spending households looking to maximize their rewards.
Pros:
- High cash back rates on essential purchases
- First-year fee rebate available
Cons:
- Annual fee applies after the first year
- Income requirements may limit eligibility
Final Words
As you explore the best restaurant credit cards this February 2026 in Canada, remember that choosing the right card involves evaluating rewards, fees, and your spending habits. Take time to compare options and make informed decisions that best align with your dining preferences and financial goals.
Frequently Asked Questions
The American Express Cobalt Card offers a welcome bonus of Earn up to 15,000 Membership Rewards points by getting 1,250 points for each of the first 12 monthly billing cycles where you spend at least $750 in net purchases. Additionally, you can earn 5x points on eligible eats & drinks, 3x on streaming, 2x on transit/gas, and 1x on other purchases.
With the Scotiabank Gold American Express Card, new clients can earn a welcome bonus of 45,000 bonus Scene+ points for spending $2,000 within the first 3 months. The card also allows you to earn 6x Scene+ points at select grocers, 5x on dining/entertainment, and 3x on gas/transit/streaming.
The MBNA Rewards World Elite Mastercard offers a welcome bonus of Earn up to 30,000 bonus points by spending $2,000 within the first 90 days and enrolling in paperless statements. Users can earn 5 points per $1 on groceries, restaurants, digital media, memberships, and utilities.
When selecting a restaurant credit card, consider factors like the annual fee, the reward rate on dining, and any welcome bonuses. Additionally, look for cards that provide perks such as no foreign transaction fees or additional rewards on related categories like groceries or entertainment.
Restaurant credit cards can be worth the annual fee if you frequently dine out or order food, as the rewards and bonuses can offset the cost. Assess your spending habits to see if the potential rewards align with your lifestyle and needs.
Welcome bonuses on restaurant credit cards typically require you to spend a specific amount within a set time frame to qualify. For example, the Scotiabank Gold American Express Card offers 45,000 bonus Scene+ points after spending $2,000 within the first 3 months.
Yes, most restaurant credit cards allow you to earn rewards on other purchases as well, though the rates may differ. For instance, the American Express Cobalt Card offers 5x points on eligible eats & drinks but only 1x on all other purchases.
