Best Credit Cards in Canada (2026)
Our top overall picks across the most common Canadian wallets.
Updated July 5, 2026 · 4 min read · By Loyalty Concierge Editorial
#1American Express Cobalt Card
$192/yrWhy ranked: Best all-around earn for food-heavy households.
5x MR Groceries & dining · 3x MR Streaming · 2x MR Gas, transit, travel · 1x MR Everything else
Read full review →#2Scotiabank Passport Visa Infinite
$150/yrWhy ranked: Best no-FX Visa with lounge access.
3x Scene+ Grocery (Sobeys-family stores) · 2x Scene+ Dining, entertainment, transit, other grocery · 1x Scene+ Everything else
Read full review →#3TD Aeroplan Visa Infinite
$139/yrWhy ranked: Best Aeroplan card for Air Canada flyers.
1.5x Aeroplan Gas, grocery, Air Canada · 1x Aeroplan Everything else
Read full review →#4BMO CashBack World Elite Mastercard
$139/yrWhy ranked: Best cashback for Costco + grocery.
5% Grocery · 4% Transit · 3% Gas, EV charging · 2% Recurring bills · 1% Everything else
Read full review →
Category pros & cons
Pros
- +Broad Canadian coverage
- +Wallet variety
Cons
- −No single card fits everyone — pair strategically
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