Canada’s greatest bank cards for gasoline purchases for 2023

Gasoline prices generally is a hefty line merchandise, particularly for Canadians with a day by day commute or perhaps a hybrid scenario—and it’s one that’s largely out of our particular person management. Utilizing the fitting bank card if you replenish will earn you a return in your gas bills. However which card must you decide? We break down the choices in our listing of the perfect bank cards for gasoline.

Greatest money again bank card for gasoline

CIBC Dividend Visa Infinite

With the Dividend Visa Infinite, CIBC provides a robust contender within the money again bank card class, particularly for drivers, and much more so if you happen to add your grocery invoice to this card. With a return of 4% on gasoline and groceries, this card is designed to place a reimbursement in your pocket. There are different bonus classes to earn money again, together with 2% on day by day transit (together with rideshares and public transit), so that you get rewards on all modes of transit, in addition to 2% on eating and recurring funds.

• Annual price: $120
• Rates of interest: purchases 20.99%, money advances 22.99%, (21.99% for Quebec residents), steadiness transfers 22.99%
• Earn fee on gasoline: 4%
• Rewards on different purchases: 4% money again on groceries, 2% on eating, day by day transit and recurring payments, and 1% again on all the things else
• Welcome bonus: You may earn 15% money again welcome bonus of as much as $300 (first 4 statements).
• Further advantages: Emergency journey medical; automotive rental collision and loss harm insurance coverage; cell gadget insurance coverage; plus save as much as $0.10 per litre at taking part Chevron, Ultramar and Pioneer gasoline stations if you hyperlink your card with the Journie Rewards program.
• Annual revenue requirement: Private revenue of $60,000 or family revenue of $100,000

Greatest no-fee money again bank card for gasoline

Tangerine Cash-Again Mastercard*

The Tangerine Cash-Again Mastercard has no annual price and it provides straight money rewards, which supplies it robust enchantment to numerous Canadians. Bank card holders are rewarded with 2% money again on limitless purchases in two classes of your selecting, together with gasoline, groceries, eating places and drugstores. Decide to have your money mechanically deposited right into a Tangerine financial savings account to obtain 2% money again in a 3rd class. (You’ll earn 0.5% on all the things else.) Plus, within the first 30 days after being accepted for the cardboard you possibly can switch balances from higher-interest playing cards at a low promotional rate of interest of 1.95% for six months (plus a 1% price). For individuals who wish to monetize their gas purchases with out paying for the privilege, this no-frills card is a winner.

• Annual price: $0
• Rates of interest: 19.95% on purchases, 19.95% on money advances, 19.95% on steadiness transfers
• Earn fee on gasoline: 2% money again
• Rewards on different purchases: 2% in as much as two different spending classes of your selection and 0.5% money again on all the things else.
• Welcome bonus: You may earn an additional 10% again on as much as $1,000 in on a regular basis purchases throughout the first 2 months. Should apply by Might 2, 2023.
• Further advantages: Buy assurance and prolonged guarantee
• Annual revenue requirement: $12,000

Greatest bank card for gasoline with roadside help

TD Money Again Visa Infinite*

The TD Money Again Visa Infinite is a robust a reimbursement card providing a 3% return on gasoline, grocery and recurring invoice funds (and 1% again on all the things else). The return fee on gasoline can be sufficient for the cardboard to put on our listing, nevertheless it’s really the roadside help (amongst different perks) that make it a standout card for drivers. Cardholders have complimentary emergency street companies via an included Deluxe membership with TD Auto Membership. This package deal consists of 24-hour emergency help calls, towing, lockout and winching companies, visitors accident emergency transportation, meals, lodging and requirements, and even reimbursement choices for points TD Auto Membership was unable to help with. Plus, cardholders have auto rental loss and collision insurance coverage and reductions at Avis and Funds. For frequent commuters or road-trippers, these perks can simply cowl the cardboard’s annual price.

• Annual price: $139 (waived for the primary 12 months)
• Rates of interest: 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers
• Earn fee on gasoline: 3% money again (as much as $15,000 annual spend)
• Rewards on different purchases: 3% money again on groceries and recurring invoice funds (as much as $15,000 annual spend every); 1% again on all the things else.
• Welcome bonus: Earn 10% money again for the primary three months on as much as a complete of $2,000 in purchases. Plus, obtain a first-year annual-fee rebate for the first and extra cardholders. Should apply on-line by Might 28, 2023. Quebec residents, please click on right here.
• Further advantages: Automotive advantages like rental insurance coverage, reductions on automotive leases and a Deluxe membership with TD Auto Membership; journey insurance coverage, together with journey medical and delayed or misplaced baggage; entry to Visa Infinite perks, comparable to concierge companies and complimentary room upgrades if you journey.
• Annual revenue requirement: Private revenue of $60,000 or family revenue of $100,000

Greatest journey bank card for gasoline 

Scotiabank Gold American Categorical*

If you happen to’re trying to flip your gas purchases into factors, look no additional than the Scotiabank Gold American Categorical bank card. This card operates throughout the Scotia Rewards program, which permits collectors to redeem their factors for journey rewards, merchandise, reward playing cards and even credit score to place towards their card steadiness. Cardholders earn 3 Scotia Rewards factors on each $1 spent on eligible purchases together with gasoline, public transit and streaming companies, and 5 factors per $1 on groceries, eating places and leisure. Double-dip with the gasoline factors program of your selection and earn much more.

• Annual price: $120
• Rates of interest: 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers
• Earn fee on gasoline: 3 Scotia Rewards factors per $1
• Rewards on different purchases: 5 Scotia Rewards Factors per $1 spent on groceries, eating and leisure, 3 factors per $1 spent on public transit, rideshares, taxis and on-line streaming companies, 1 level per $1 spent on all the things else.
• Welcome bonus: You may earn as much as $850 in worth within the first 12 months, together with as much as 45,000 bonus Scene+ factors. Should apply by April 30, 2023.
• Further advantages: No international transaction charges; journey emergency medical, journey cancellation, flight delay, misplaced baggage and accident insurance coverage; rental automotive collision safety; lodge or motel housebreaking insurance coverage; buy safety and prolonged guarantee; complimentary concierge service; VIP airport lounge entry with Precedence Move.
• Annual revenue requirement: $12,000

Greatest bank card for gasoline at Canadian Tire

Triangle Mastercard

If you happen to’re a loyal Canadian Tire shopper, you’re most likely already acquainted with Canadian Tire (CT) Cash. The storied rewards program that dates again to the Fifties. These days this system is digital, however the change fee stays the identical: $1 in CT Cash is the same as CAD$1. With the no-fee Triangle Mastercard you’ll earn 4% again on purchases at Canadian Tire and associate shops like Sport Chek and Mark’s/L’Équipeur, in addition to 1.5% again on groceries (besides at Walmart and Costco). Plus, you have got entry to different perks just like the no-fee, no-interest financing program which helps you to repay bigger purchases in installments.

• Annual price: $0
• Rates of interest: 19.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers
• Earn fee on gasoline: $0.05 per litre on gasoline bought at Gasoline+
• Rewards on different purchases: 4% in CT Cash on spends at Canadian Tire, Sport Chek, Mark’s/L’Équipeur, Ambiance, Get together Metropolis, Sports activities Rousseau, Hockey Specialists, L’Entrepôt du Hockey, and taking part Sports activities Specialists shops; 1.5% in CT Cash on groceries as much as $12,000 yearly. 
• Welcome bonus: None
• Further advantages: No-fee, no-interest financing; entry to members-only occasions; customized provides
• Annual revenue requirement: None

Greatest bank card for gasoline at Esso

PC Monetary World Elite Mastercard*

The PC Optimum program is likely one of the hottest rewards packages in Canada, due partially to its flexibility and ease of use that permits you to redeem on the until. The no-fee PC Monetary World Elite Mastercard provides accelerated earn alternatives at Buyers Drug Mart and Loblaw-family groceries shops like No-Frills, Actual Canadian Superstore and Fortinos, and at greater than 4,500 Esso and Mobil gasoline stations throughout Canada. The final of which is the place you’ll get not less than 30 factors per litre (charges differ by location). PC Optimum factors may be redeemed at a fee of 10,000 factors (equal to $10) by merely displaying your card on the until of a taking part retailer. At Esso, you possibly can redeem factors for gasoline and automotive washes.

Continuously requested questions

Extra of Canada’s greatest bank cards: