Canada’s best credit cards for grocery purchases 2020 Sep 3rd

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Canada’s best credit cards for grocery purchases 2020

– moneysense.ca

Everybody’s got to eat, which makes groceries a spending category with a lot of earning potential. How you capitalize on those purchases is up to you, but whether you’re looking for cash back, rewards or points to use at your favourite supermarket, we’ve got your best bets right here. Select the best option for your spending habits and get ready to reap the rewards of your everyday spending.

The best credit cards for grocery purchases in Canada

Best no-fee cards for groceries — BMO CashBack Mastercard; Tangerine Money-Back Credit Card
Best cash back cards for groceries (tie) — CIBC Dividend Visa Infinite; Meridian Visa Infinite Cash Back Card; Scotia Momentum Visa Infinite
Best travel card for groceries — American Express Cobalt; Scotiabank Gold American Express
Best card for Loblaws banner stores — PC Financial World Elite Mastercard
Best card for Costco — MBNA Rewards World Elite Mastercard
Honourable mention — Triangle World Elite Mastercard

Best no-fee credit cards for groceries
BMO CashBack Mastercard*

Recent updates have made the BMO CashBack Mastercard a new contender in this category, with 3% cash back on grocery purchases…

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