Skip to content

Rewards program

Best Cash Back Credit Cards (July 2026)

Credit cards that earn cash-back rewards on every purchase, ranked by effective return. 31 cards ranked. Updated 2026-07-29.

The top Cash Back card right now is the BMO CashBack Business Mastercard from BMO, leading our ranking of 31 cards with a No fee annual fee and 20.99% purchase APR. Rankings are based on the Canada Cards Score, with every figure sourced from the official issuer page and refreshed 2026-07-29.

0Cards ranked
0%Sourced figures
07-29Last updated
$0Affiliate bias
1
BMO

BMO CashBack Business Mastercard

For business spending

Welcome value

No current offer

Get 10% cash back on gas, office supplies, and recurring cell phone/internet bill payments for 3 months

Annual fee
No fee
Purchase APR
20.99%
6.4Cited · verified 2026-06-13View →
2
BMO

BMO CashBack Mastercard

Cash back on everyday spending

Welcome value

No current offer

Get up to 5% cash back in your first 3 months

Annual fee
No fee
Purchase APR
21.99%
7.3Cited · verified 2026-06-13View →
3
BMOWorld Elite

BMO CashBack World Elite Mastercard

Cash back on everyday spending

Welcome value

No current offer

Get up to $650 in value and the annual fees waived in the first year.

Annual fee
$139
Purchase APR
21.99%
7.6Cited · verified 2026-06-13View →
4
CIBC

CIBC CashBack Visa Card for Business

For business spending

Welcome value

No current offer

Annual fee
Purchase APR
6.4Cited · verified 2026-06-13View →
5
CIBCWorld Mastercard

CIBC Costco Mastercard (Costco World Mastercard)

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
21.75%
7.2Cited · verified 2026-06-13View →
6
CIBCPlatinum

CIBC Dividend Platinum Visa Card

Cash back on everyday spending

Welcome value

No current offer

10% cash back welcome bonus up to $200 plus $50 pre-authorized payment bonus

Annual fee
$99
Purchase APR
21.99%
7.1Cited · verified 2026-06-13View →
7
CIBCInfinite

CIBC Dividend Visa Infinite Card

Cash back on everyday spending

Welcome value

No current offer

10% cash back welcome bonus up to $200 plus $50 pre-authorized payment bonus

Annual fee
$120
Purchase APR
7.4Cited · verified 2026-06-13View →
8
National BankStandard

mycredit Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
20.99%
6.9Cited · verified 2026-06-17View →
9
Neo Financial

Neo Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
19.99%
6.7Cited · verified 2026-06-13View →
10
Neo FinancialWorld Elite

Neo World Elite Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
$149
Purchase APR
19.99%
7.6Cited · verified 2026-06-13View →
11
Neo FinancialWorld

Neo World Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
19.99%
6.9Cited · verified 2026-06-13View →
12
RBC Royal Bank

RBC Business Cash Back Mastercard

For business spending

Welcome value

No current offer

2% cash back on purchases in the first three months

Annual fee
No fee
Purchase APR
19.99%
6.9Cited · verified 2026-06-13View →
13
RBC Royal BankStandard

RBC Cash Back Mastercard

Cash back on everyday spending

Welcome value

No current offer

Offer until Sep 9

Get up to 7% cash back for the first 3 months on up to $1,000 in total purchases

Annual fee
No fee
Purchase APR
20.99%
7.0Cited · verified 2026-06-13View →
14
RBC Royal BankWorld Elite

RBC Cash Back Preferred World Elite Mastercard

Cash back on everyday spending

Welcome value

No current offer

Receive 10.5% bonus cash back plus 1.5% standard cash back on qualifying transactions

Annual fee
$99
Purchase APR
20.99%
6.7Cited · verified 2026-06-13View →
15
Rogers Bank

Rogers Red Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
20.99%
7.0Cited · verified 2026-06-13View →
16
Rogers BankWorld Elite Mastercard

Rogers Red World Elite Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
20.99%
7.3Cited · verified 2026-06-13View →
17
Rogers BankWorld Mastercard

Rogers Red World Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
20.99%
7.0Cited · verified 2026-06-13View →
18
Scotiabank

Scotia Momentum for Business Visa Card

For business spending

Welcome value

No current offer

Get 5% cash back on up to $6,500 in purchases in the first three months

Annual fee
$79
Purchase APR
20.99%
7.1Cited · verified 2026-06-13View →
19
Scotiabank

Scotia Momentum Mastercard

Cash back on everyday spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
20.99%
6.7Cited · verified 2026-06-13View →
20
Scotiabank

Scotia Momentum No-Fee Visa Card

Cash back on everyday spending

Welcome value

No current offer

5% cash back on up to $2,000 in eligible purchases for first 3 months + 0% intro balance transfer rate

Annual fee
No fee
Purchase APR
20.99%
6.7Cited · verified 2026-06-13View →
21
Scotiabank

Scotia Momentum Visa Card

Cash back on everyday spending

Welcome value

No current offer

Annual fee
$49
Purchase APR
20.99%
6.9Cited · verified 2026-06-13View →
22
ScotiabankInfinite

Scotia Momentum Visa Infinite Card

Cash back on everyday spending

Welcome value

No current offer

Offer until Nov 1

15% cash back on first $2,000 in everyday purchases (first 3 months) + first year annual fee waived

Annual fee
$120
Purchase APR
20.99%
7.6Cited · verified 2026-06-13View →
23
Simplii Financial

Simplii Cash Back Visa

No annual fee rewards

Welcome value

No current offer

Earn up to 20% cash back

Annual fee
No fee
Purchase APR
21.99%
6.5Cited · verified 2026-06-13View →
24
American Express

SimplyCash® Card from American Express

Cash back on everyday spending

Welcome value

No current offer

Earn up to $100 in bonus cash back

Annual fee
No fee
Purchase APR
21.99%
6.9Cited · verified 2026-06-13View →
25
American Express

SimplyCash® Preferred Card from American Express

Cash back on everyday spending

Welcome value

No current offer

Earn up to $200 in bonus cash back

Annual fee
$119.88
Purchase APR
21.99%
7.3Cited · verified 2026-06-13View →
26
TangerineStandard

Tangerine Money-Back Credit Card

Cash back on everyday spending

Welcome value

No current offer

Earn 10% cash back for 2 months (Up to $100)

Annual fee
No fee
Purchase APR
20.95%
6.9Cited · verified 2026-06-13View →
27
TangerineWorld

Tangerine Money-Back World Mastercard

Cash back on everyday spending

Welcome value

No current offer

Get $100 with a Money-Back World Mastercard

Annual fee
No fee
Purchase APR
20.95%
6.9Cited · verified 2026-06-13View →
28
TD Canada Trust

TD Business Cash Back Visa Card

For business spending

Welcome value

No current offer

Annual fee
No fee
Purchase APR
19.99%
6.9Cited · verified 2026-06-13View →
29
TD Canada TrustInfinite

TD Cash Back Visa Infinite* Card

Cash back on everyday spending

Welcome value

No current offer

Earn up to $600 in total value - 10% Cash Back in first 3 months plus first-year annual fee rebate

Annual fee
$139
Purchase APR
21.99%
7.0Cited · verified 2026-06-13View →
30
TD Canada TrustClassic

TD Cash Back Visa* Card

Cash back on everyday spending

Welcome value

No current offer

Earn up to $100 in Cash Back Dollars

Annual fee
No fee
Purchase APR
21.99%
6.6Cited · verified 2026-06-13View →
31
WealthsimpleInfinite Privilege

Wealthsimple Credit Card

Great for travel abroad

Welcome value

No current offer

Annual fee
$240
Purchase APR
20.99%
7.1Cited · verified 2026-06-13View →

Frequently asked

What is the best Cash Back credit card in Canada?
Based on our ranking, the BMO CashBack Business Mastercard from BMO leads this program with a No fee annual fee. Rankings update daily and every figure is sourced from the official issuer page.
How are these cards ranked?
We rank by the Canada Cards Score, computed from everyday earn rate, welcome value, annual-fee value, benefits depth, and interest cost. Every figure is pulled from the official issuer page.
How current is this information?
Fees, rates, and offers are checked regularly against the official issuer pages. This page was last updated 2026-07-29. Always confirm details on the issuer's site before applying.

Dig deeper

Cited, never sponsored

Not sure which Cash Back card fits?

Take our card finder quiz and get matched to the cards built for how you spend.