1.Scotia Momentum Visa Infinite Card
Scotiabank
- 4%Cash back on groceries & recurring bills
- 2%Cash back on gas & 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% cash back on groceries & recurring bills, 2% on gas & transit, and 1% on everything else.
20.99%
22.99%
The Scotia Momentum Visa Infinite Card stands out as the top choice because it offers a remarkable 4% cash back on groceries and recurring bills, making it ideal for everyday spending. With a generous welcome bonus and no annual fee in the first year, it provides exceptional value for those looking to maximize their cash back rewards.
Pros:
- High rewards on everyday spending
- First-year annual fee waiver
Cons:
- Annual fee after the first year
- Spending caps on higher rewards
2.American Express Cobalt Card
American Express
- 5%Points on eligible eats & drinks
- 3%Points on eligible streaming subscriptions
- 1.25%Points on all other purchases
Earn 1,250 bonus points for each monthly billing period in which you spend $750 on your Card.
Earn 5x points on eligible eats & drinks, 3x on streaming subscriptions, and 1.25% on all other purchases.
21.99%
21.99%
What sets the American Express Cobalt Card apart is its exceptional earning potential, allowing cardholders to earn 5x points on eligible food and drink purchases. This card is particularly appealing for those who frequently dine out or order in, making it a top choice for food lovers.
Pros:
- High rewards on food and dining
- Flexible point redemption options
Cons:
- Monthly fee can add up
- Requires understanding of point redemption
3.Scotiabank Gold American Express Card
Scotiabank
- 6%Points on groceries
- 5%Points on dining
- 1%Points on all other purchases
Achievable by spending $2,000 in the first three months.
Earn 6x points on groceries, 5x on dining, and 1x on all other purchases.
20.99%
22.99%
The Scotiabank Gold American Express Card shines for its impressive earning potential, offering 6x points on groceries and 5x on dining. This card is perfect for those who want to maximize their rewards on everyday spending while enjoying valuable travel benefits.
Pros:
- High rewards on groceries and dining
- No foreign transaction fees
Cons:
- Annual fee applies
- Requires good credit for approval
4.Tangerine Money-Back Credit Card
Tangerine
- 2%Cash back in chosen categories
- 0.5%Cash back on all other purchases
On purchases made within the first two months, up to CA$100.
Earn 2% cash back in chosen categories and 0.5% on everything else.
20.95%
22.95%
The Tangerine Money-Back Credit Card is a standout option for those who want flexibility in their rewards. With the ability to choose cash back categories, it allows users to maximize their earnings based on their spending habits, making it a great choice for budget-conscious consumers.
Pros:
- No annual fee
- Customizable cash back categories
Cons:
- Lower cash back on non-chosen categories
- Limited to three 2% categories
- 3%Cash back on groceries
- 1%Cash back on recurring bill payments
In your first 3 months on categories like groceries.
Earn 3% cash back on groceries and 1% on recurring bill payments.
21.99%
23.99%
The BMO CashBack Mastercard is an excellent choice for those who want to earn cash back without the burden of an annual fee. With a strong focus on grocery spending, it provides a straightforward rewards structure that appeals to everyday consumers.
Pros:
- No annual fee
- High cash back on groceries
Cons:
- Limited to specific categories
- Higher rates for cash advances
- 4%Cash back on gas, EV charging, and groceries
- 2%Cash back on dining and transportation
- 1%Cash back on all other purchases
Including a 10% cash back bonus on spending in the first four statements.
Earn 4% on gas, EV charging, and groceries; 2% on dining and transportation.
21.99%
22.99%
The CIBC Dividend Visa Infinite Card excels in providing high cash back rates on essential spending categories like gas and groceries. With no limits on total cash back earned, it is particularly beneficial for high spenders looking to maximize their rewards.
Pros:
- High cash back on essential categories
- No limit on total cash back earned
Cons:
- Annual fee applies
- Requires good credit for approval
7.SimplyCash Card from American Express
American Express
- 4%Cash back on eligible gas and groceries
- 1.25%Cash back on all other purchases
By earning a bonus 5% cash back on all purchases in your first 3 months.
Earn 4% on eligible gas and groceries, and 1.25% on all other purchases.
21.99%
21.99%
The SimplyCash Card from American Express is a fantastic option for those who want to earn cash back without an annual fee. With a strong focus on gas and grocery purchases, it provides a straightforward rewards structure that is easy to understand and maximize.
Pros:
- No annual fee
- High cash back on gas and groceries
Cons:
- Limited to specific categories
- Lower cash back on non-grocery purchases
Final Words
As you explore the best credit cards for streaming services this January 2026 in Canada, remember that the right choice can enhance your viewing experience while maximizing your rewards. Take time to compare your options and make informed decisions that align with your spending habits and entertainment preferences.
Frequently Asked Questions
The Scotia Momentum Visa Infinite Card offers a welcome bonus of 10% cash back on the first $2,000 in purchases within the first 3 months. You'll earn 4% cash back on groceries & recurring bills, 2% on gas & transit, and 1% on everything else.
The American Express Cobalt Card offers a welcome bonus of 1,250 bonus points for each monthly billing period in which you spend $750 on your Card. You can earn 3x points on eligible streaming subscriptions, making it a great option for streaming service enthusiasts.
The Scotiabank Gold American Express Card has an annual fee of CA$120. This card also offers a welcome bonus achievable by spending $2,000 in the first three months.
When selecting a credit card for streaming services, consider the reward rates for streaming subscriptions, annual fees, and any welcome bonuses. Additionally, evaluate how the card fits with your overall spending habits to maximize rewards.
Yes, most premium credit cards, especially those offering high rewards for streaming services, typically require good to excellent credit scores. It's a good idea to check your credit score and ensure it meets the card issuer's requirements before applying.
Welcome bonuses for credit cards are typically awarded after meeting specific spending requirements within a set timeframe. This can include cash back, points, or miles, which can add significant value to your card in the first few months of use.
Yes, many of the top credit cards for streaming services come with annual fees, which can range from CA$120 to CA$191.88. It's important to weigh these fees against the potential rewards and benefits you can earn to determine if the card is worth it.
