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.
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%
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%
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%
CIBC CashBack Visa Card for Business
For business spending
Welcome value
—
No current offer
- Annual fee
- —
- Purchase APR
- —
CIBC Costco Mastercard (Costco World Mastercard)
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 21.75%
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%
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
- —
mycredit Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 20.99%
Neo Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 19.99%
Neo World Elite Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- $149
- Purchase APR
- 19.99%
Neo World Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 19.99%
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%
RBC Cash Back Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
Offer until Sep 9Get 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%
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%
Rogers Red Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 20.99%
Rogers Red World Elite Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 20.99%
Rogers Red World Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 20.99%
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%
Scotia Momentum Mastercard
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 20.99%
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%
Scotia Momentum Visa Card
Cash back on everyday spending
Welcome value
—
No current offer
- Annual fee
- $49
- Purchase APR
- 20.99%
Scotia Momentum Visa Infinite Card
Cash back on everyday spending
Welcome value
—
No current offer
Offer until Nov 115% cash back on first $2,000 in everyday purchases (first 3 months) + first year annual fee waived
- Annual fee
- $120
- Purchase APR
- 20.99%
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%
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%
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%
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%
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%
TD Business Cash Back Visa Card
For business spending
Welcome value
—
No current offer
- Annual fee
- No fee
- Purchase APR
- 19.99%
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%
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%
Wealthsimple Credit Card
Great for travel abroad
Welcome value
—
No current offer
- Annual fee
- $240
- Purchase APR
- 20.99%
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.
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