Top 5 Grocery Cashback Credit Cards in Canada (Earn Up to $2,000!)

5 Credit Cards That Give You the Most Cash Back on Groceries in Canada

Are you spending a fortune on groceries every month? You’re not alone—and if you’re not earning cashback for that spending, you’re leaving money on the table. In this article, we’ll break down the top 5 grocery cashback credit cards in Canada for 2025. These picks aren’t just based on flashy welcome bonuses—we’ve done the math over a full 3 years to show you the real savings.

Let’s dig in.

🥇 1. CIBC Dividend® Visa Infinite* – Best Overall Grocery Cashback

Key Features:

• 10% cashback for the first 4 billing cycles (up to $2,500 in total spend)
• 4% ongoing on groceries and recurring payments
• 0.5%–2% on other purchases
• Annual Fee: $120 (waived the first year)

Real-World Cashback:

• Grocery Cashback (3 Years): $1,350
• Total Cashback (including rent via Chexy): $2,134

Why It Stands Out:

CIBC allows recurring bills to earn 4% cashback—this includes rent paid via platforms like Chexy, which charge a 1.75% fee. For high monthly spenders, this card is hard to beat in long-term value.

🥈 2. Scotiabank Momentum® Visa Infinite* – Top for Everyday Use

Key Features:

• 10% cashback on up to $2,000 in spending for the first 3 months
• 4% on groceries and recurring bills
• 2% on gas and transit, 1% on everything else
• Annual Fee: $120 (waived the first year)

Real-World Cashback:

• Grocery Cashback (3 Years): $1,320
• Total Cashback (including rent via Chexy): $2,234

Why It Stands Out:

This is a favorite among Canadians thanks to its consistency. You can easily earn 4% cashback on everyday bills and food, and the initial bonus is solid. I’ve personally used this card and earned nearly $400 in cashback over 2 years.

🥉 3. Meridian Visa Infinite Cash Back – Best Underrated Card

Key Features:

• 4% on groceries
• 2% on gas and utility bills
• 1% on everything else
• Annual Fee: $99 (waived first year)

Real-World Cashback:

• Grocery Cashback (3 Years): $1,242
• Total Cashback: $1,724

Why It Stands Out:

Meridian flies under the radar but provides strong returns, especially for families with high grocery and utility bills. It also comes with a $50 signup bonus, and no foreign exchange fees.

🔢 4. American Express SimplyCash® Preferred – Best for Flat Bonuses

Key Features:

• 4% cashback on groceries (up to $1,200/year)
• 2% on everything else
• Welcome Bonus: $400 when you spend $750/month for 10 months
• Annual Fee: $120 (not waived)

Real-World Cashback:

• Grocery Cashback (3 Years): $1,080
• Total Cashback (including rent via Chexy): $2,344

Why It Stands Out:

This is the only card that offers a monthly cashback bonus instead of a one-time bonus. Great if you’re consistent with your spending and want predictable rewards. And yes, you can also pay rent through Chexy for 2% cashback.

🔚 5. BMO CashBack® World Elite® Mastercard – Best Short-Term Value

Key Features:

• 10% cashback on groceries for the first 3 months (up to $500 spend)
• 5% on groceries (ongoing) up to $500/month
• Annual Fee: $120 (waived the first year)

Real-World Cashback:

• Grocery Cashback (3 Years): $865
• Total Cashback: $1,597

Why It Stands Out:

BMO offers a strong short-term bonus, but the 5% cashback cap of $500 per month limits long-term gains. Still, if you only spend modestly on groceries, this can be a great pick.

📊 At a Glance – Grocery Cashback Comparison (3-Year View)

💡 Tips to Maximize Grocery Cashback in Canada

• Always check your billing cycle so you don’t overspend and lose bonus eligibility.
• Use Chexy or similar platforms to pay rent and earn cashback on recurring bills.
• Don’t chase bonuses blindly—pick the card that works best long-term for your actual spending habits.
• Track your rewards monthly and reinvest them (hello Wealthsimple or ETFs!).

📌 Final Thoughts

Cashback credit cards are one of the smartest tools for saving money on daily expenses like groceries. With the right strategy, you can earn over $2,000 in rewards every 3 years—without changing how you shop.

If you regularly spend more than $500/month on groceries, the CIBC or Scotia Momentum cards are your best bets. But for a lower annual fee or flat-rate cashback, don’t overlook Meridian or Amex.

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