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)

Rank	Credit Card	Grocery Cashback (3 Years)	Annual Fees	Total Cashback (All Spend)
1	CIBC Dividend Visa Infinite	$1,350	$240	$2,134
2	Scotiabank Momentum Visa Infinite	$1,320	$240	$2,234
3	Meridian Visa Infinite	$1,242	$198	$1,724
4️⃣	Amex SimplyCash Preferred	$1,080	$360	$2,344
5️⃣	BMO CashBack World Elite	$865	$240	$1,597

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.