1.PC® World Elite® Mastercard
President’s Choice Financial
- 45%Points at Shoppers Drug Mart
- 30%Points at Loblaw grocery stores
- 30%Points at Esso/Mobil
- 10%Points on all other purchases
Earn 20,000 bonus PC Optimum™ points offer once you activate your PC Financial Mastercard and make any qualifying purchases.
Earn 45 points/$1 at Shoppers Drug Mart, 30 points/$1 at Loblaw grocery stores, 30+ points/L at Esso/Mobil, and 10 points/$1 on all other purchases.
21.99%
22.97%
The PC® World Elite® Mastercard stands out as the top choice because it offers exceptional rewards at grocery and gas stations, making it ideal for frequent shoppers at Loblaw-affiliated stores. With no annual fee and a generous welcome bonus, it provides significant value for those who meet the income requirements.
Pros:
- No annual fee
- High rewards at grocery and gas stations
Cons:
- Requires high income for eligibility
- Limited to specific retailers for maximum rewards
2.Neo Mastercard
Neo Financial
- 5%Cash back at partners
- 4%Cash back on bills
- 3%Cash back on gas
- 2%Cash back on essentials
- 0.5%Cash back on all other purchases
Earn a $25 cash back welcome bonus upon approval and up to 15% cash back on first-time purchases at Neo partner stores.
Earn up to 5% cash back at partners, 4% on bills, and 3% on gas.
19.99%-29.99%
22.99%-31.99%
What sets the Neo Mastercard apart is its flexible cashback structure that adapts to your spending habits, offering high rewards at partner stores. With no annual fee and a straightforward welcome bonus, it appeals to those looking to build credit while earning cash back.
Pros:
- Flexible cashback rewards
- No annual fee
Cons:
- Cashback rates vary by tier
- Limited to partner stores for maximum rewards
3.Triangle Mastercard
Canadian Tire Bank
- 4%CT Money at Canadian Tire
- 3%CT Money on groceries
- 5¢CT Money per litre at gas stations
- 1.5%CT Money on other purchases
New members can earn a $150 bonus in CT Money by applying online and making an eligible purchase within 30 days.
Earn 4% back in CT Money at Canadian Tire and affiliated stores, 3% on groceries, and 5¢–7¢/litre at gas stations.
21.99%
22.99%
The Triangle Mastercard shines for its robust rewards program that offers significant returns on purchases at Canadian Tire and affiliated stores. With no annual fee, it’s an excellent choice for loyal customers looking to maximize their rewards.
Pros:
- Strong rewards program
- No annual fee
Cons:
- Limited to specific retailers
- Lower rewards on non-affiliated purchases
4.CIBC Costco Mastercard
CIBC
- 3%Cash back at restaurants and Costco gas
- 2%Cash back on other gas/EV charging
- 1%Cash back on all other purchases
Earn a $100 statement credit when you spend $3,000 in net purchases within the first 120 days.
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%
The CIBC Costco Mastercard is particularly appealing for Costco members, offering high cash back rates on purchases made at Costco and restaurants. With no annual fee, it provides excellent value for those who frequently shop at Costco.
Pros:
- No annual fee
- High cash back on Costco purchases
Cons:
- Requires Costco membership
- Limited to specific categories for higher rewards
5.Walmart Rewards World Mastercard
Walmart
- 3%Rewards at Walmart
- 1.25%Rewards on gas
- 1%Rewards on all other purchases
Earn a $25 welcome bonus in reward dollars after making a qualifying purchase of at least $75 within 30 days.
Earn 3% in rewards at Walmart, 1.25% on gas, and 1% on all other purchases.
21.89%
22.97%
The Walmart Rewards World Mastercard is designed for frequent Walmart shoppers, offering a compelling 3% back on all purchases made at Walmart. With no annual fee and additional perks like a free Delivery Pass, it maximizes savings for loyal customers.
Pros:
- No annual fee
- High rewards for Walmart shoppers
Cons:
- Limited to Walmart for maximum rewards
- Lower rewards on non-Walmart purchases
Final Words
As you navigate the options for store credit cards this February, remember that the best choice aligns with your spending habits and rewards preferences. Take time to compare the benefits of each card to ensure you make an informed decision that enhances your shopping experience.
Frequently Asked Questions
The PC® World Elite® Mastercard offers a welcome bonus of 20,000 bonus PC Optimum™ points once you activate your PC Financial Mastercard and make any qualifying purchases. You can earn 45 points/$1 at Shoppers Drug Mart, 30 points/$1 at Loblaw grocery stores, 30+ points/L at Esso/Mobil, and 10 points/$1 on all other purchases.
The Neo Mastercard allows you to earn up to 5% cash back at partner stores, 4% on bills, and 3% on gas. Additionally, you can earn a $25 cash back welcome bonus upon approval and up to 15% cash back on first-time purchases at Neo partner stores.
With the Triangle Mastercard, new members can earn a $150 bonus in CT Money by applying online and making an eligible purchase within 30 days. You can earn 4% back in CT Money at Canadian Tire and affiliated stores, 3% on groceries, and 5¢–7¢/litre at gas stations.
All three mentioned store credit cards—PC® World Elite® Mastercard, Neo Mastercard, and Triangle Mastercard—come with no annual fee. This feature makes them accessible options for consumers looking to maximize rewards without extra costs.
When selecting a store credit card, consider factors like the types of rewards offered, any annual fees, and where you frequently shop. Compare the welcome bonuses and ongoing rewards rates to ensure you choose a card that aligns with your spending habits.
Applying for these store credit cards typically involves filling out an online application form with your personal and financial details. You may receive instant approval, but some applications could take longer, depending on the issuer's review process.
Most store credit cards can be used for purchases at their affiliated stores, and some allow use for other purchases as well. However, rewards and benefits may vary based on where you use the card, so check the terms and conditions for specifics.
