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Tangerine Money-Back Credit Card

This offer is not available for residents of Quebec.

Annual fee $0
Rewards rate 15% Cash back on everyday purchases for a limited time
Bonus offer 1.95% Interest rate on balance transfers (first 6 months)
Purchase interest rate 19.95%
Balance transfer interest rate 1.95% 19.95% after 6 months
Cash advance interest rate 19.95%

TD Cash Back Visa Infinite* Card

This offer is not available for residents of Quebec. †Terms and conditions apply..

Annual fee $120 First year annual fee rebate
Rewards rate 1 - 3% Cash Back Dollars on eligible purchases
Bonus offer 6% Cash Back on all Purchases for the first 3 months up to a total spend of $2,000. Must apply by May 29, 2022
Purchase interest rate 20.99%
Balance transfer interest rate 22.99%
Cash advance interest rate 22.99%

Scotia Momentum® VISA Infinite* Card

Annual fee $120 $0 for the first year
Rewards rate 4% Cash back on eligible recurring bill payments and grocery store purchases
Bonus offer 10% Cash back on all purchases for the first 3 months (up to $2,000 in total purchases)
Purchase interest rate 20.99%
Balance transfer interest rate 22.99%
Cash advance interest rate 22.99%

BMO CashBack® Mastercard®*

Annual fee $0
Rewards rate 0.5% Cash back
Bonus offer 5% Cash back (first 3 months)
Purchase interest rate 19.99%
Balance transfer interest rate 1.99% 22.99% after 9 months
Cash advance interest rate 22.99% 21.99% for Quebec residents

Focus On

Comparing cash back credit cards.

When you compare cash back credit cards, look at the rewards rates they offer relative to their annual fees. Some cards have great rewards rates that let you earn at least 2% cash back but then charge a big annual fee. You'd have to spend a lot of money on a card like that to make the premium rewards rate worthwhile.

Savvy shoppers should estimate how much money they'll spend with their cash back credit card each year and choose a card accordingly. Big spenders will benefit from premium cash back cards offering high rewards rates. Lower to middle-income consumers will find that standard cash back cards make more sense.

You should also think about the kind of items you spend money on each month. Many cash back cards offer higher rewards rates for certain categories of purchases, like gas, groceries, and recurring bills. If you spend a lot of money on one type of item, look for a cash back card that gives you an optimal rewards rate on it.

Check out our table below to see the rewards rates and benefits on some of our most popular cash back cards:


Scotia Momentum No-Fee VISA.Scotia Momentum VISA.Scotia L'earn VISA.Scotia Momentum VISA Infinite.


1% on gas/grocery/drug store purchases and on recurring bills.

0.5% on all other eligible purchases.

2% on recurring bills, gas/grocery/drug store purchases.

1% on all other eligible purchases and after annual $25,000 limit.

1% on all eligible purchases


4% on drug store purchases and recurring bills

2% on gas/grocery purchases

1% on other purchases and after annual $25,000 limit

Interest rate


19.99% after 6 months

19.99 %




Annual Fee





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We put a selection of cash back credit cards head-to-head in the graph below so you can see which one comes out ahead based on the amount of money you spend annually.

A note on methodology: Because cash back rewards rates vary based on what you're buying, we used a weighted basket to represent the average cardholder's monthly spending:

This basket represents up to $60,000 of spending, beyond which all purchases are categorized as 'other'. After all, most families only spend so much money per year on gas, groceries, and recurring bills, no matter how big their budget is. We also included the annual fees on each card and stripped out introductory or promotional offers. Now you can get a better idea of how each card will reward you over the long term.

Cash Back Rewards Comparison

The graph is clear: premium cash back offerings come out ahead if you spend more than $20,000 per year on your card. If you spend less, lower-tier cards with no annual fee are a better option.

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Based on 360 reviews
January 8
fast and easy
fast and easy
moira fortin
November 4
It was a good experience
It was a good experience
October 26
Easy to use
Easy to use, easy to find the result that you're looking for! 5 star coverage!
October 15
Great service and very helpful :) would…
Great service and very helpful :) would definitely recommend
Emily Peacock
October 14
It's great
It's great, found the best rates.
Chirath Ranaweera
October 14
Fast and pleasant experience
Fast and pleasant experience. Saved a lot of money too!
October 14
Fast response
Fast response
October 13
From the online process to the first…
From the online process to the first contact speaking to a rep it’s was a good...
Rose Daniel
October 13
A very pleasant contact
A very pleasant contact, without rep talking over my head., It was very infor...
Margaret Markson
September 30 is the best out there is the best out there. They are fast efficient and gets job done...
Maria M. T.
August 31
very quick and reliable rates
very quick and reliable rates
Tracie N
August 12
I can’t believe how quickly I am…
I can’t believe how quickly I am getting email responses. Very happy with this...
July 25
Awesome 👍😎
Awesome 👍😎
Joshua Leong
July 1
excellent service
excellent service
An Luu
June 22
Highly recommended
Excellent customer service. Was very patient and answer my customers toughly. Fo...
Karan Parmar

Your cash back rewards credit card questions, answered.

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Why would I want a cash back rewards credit card?

The appeal of a cash back rewards card is easy to understand. Who doesn't like earning cash as they spend money on their credit card? With better cash back credit cards available today than ever before, it's easy to find the perfect card — especially if you compare your options right here at

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