Gas can be a hefty line item, especially for Canadians with a daily commute. Using the right credit card when you fill up will earn you a return on your fuel expenses. But which card should you pick? We break down the top credit cards in the country that’ll help you save at the pump, either with cash back or rewards points.
Best gas credit cards in Canada
CIBC Dividend Visa Infinite Card
SimplyCash Preferred Card from American Express
TD Cash Back Visa Infinite Card
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
Compare credit cards with gas rewards
Use the table below to compare gas credit card options, or keep scrolling for our editors’ top picks.
| Best card by category | Annual fee | Rewards on gas purchases | Spending cap on gas rate | Earn rewards at every gas station | Earn the same rate on EV charging | Discount on gas | Income requirement | Recommended credit score | Apply now (featured cards only) |
|---|---|---|---|---|---|---|---|---|---|
CIBC Dividend Visa Infinite  | $120 (rebated first year) | 4% cash back | First $20,000 in purchases per year | Yes | Yes | Up to $0.10 per litre at Pioneer, Fas Gas, Ultramar and Chevron stations | $60,000 per year | 725 or higher | Apply now |
Amex SimplyCash Preferred | $120 | 4% cash back | No limit | Yes | No | None | None specificed | 725 or higher | Apply now |
CIBC Costco Mastercard | $0 | 3% cash back at Costco gas stations 2% cash back at other stations | First $5,000 in purchases per year | Yes (more at Costco) | Yes | Up to $0.10 per litre at Pioneer, Fas Gas, Ultramar and Chevron stations | $15,000 per year | 560 or higher | Not available |
Tangerine Money-Back Mastercard | $0 | 2% cash back (when chosen as a category) | No limit | Yes | No | None | $12,000 per year | 660 or higher | Not available |
TD Cash Back Visa Infinite | $139 (rebated first year) | 3% cash back | First $15,000 in purchases per year | Yes | No | None | $60,000 per year | 680 or higher | Apply now |
Neo World Elite Mastercard | $125 | 3% to 4% cash back (based on Neo Everyday Account balance) | First $1,000 in purchases per month | Yes | No | None | $80,000 per year | 725 or higher | Apply now |
BMO CashBack World Elite Mastercard | $120 | 3% cash back | First $300 per statement cycle | Yes | Yes | Up to $0.07 per litre at Shell gas stations | $80,000 per year | 760 or higher | Apply now |
MoneySense award winners
Dive into the pros and cons of our gold, silver and bronze-winning credit card picks, as well as other credit cards with impressive rewards on gas purchases.
The MoneySense editorial team selects the best credit cards by assessing the value they provide to Canadians across various categories. Our best credit cards for gas ranking is based on an extensive list of card details and features—with a focus on those that matter to drivers—including annual fees, interest rates, welcome offers, rewards earn rates, annual income requirements, and perks such as insurance coverage and roadside assistance. Our rankings are an unbiased source of information for Canadians. The addition of links from affiliate partners has no bearing on the results. Read more about how MoneySense makes money.
Gold: Best credit card for gas
At a glance: The CIBC Dividend Visa Infinite offers unbeatable rewards for everyday spending, with up to 4% cash back on gas, EV charging and groceries. With an additional 2% cash back on dining, transit and recurring bills, plus 1% on everything else, this card delivers consistent rewards across categories. Plus, save up to 10 cents per litre at select gas stations with Journie Rewards. It’s the perfect card for anyone seeking flexible cash back options without sacrificing value, especially for frequent drivers and shoppers.
CIBC Dividend Visa Infinite
Annual fee: $120 (rebated first year)
- 4% cash back on eligible gas, EV charging and grocery purchases
- 2% on dining, daily transit and recurring payments
- 1% on everything else
Welcome offer: Get up to $400 in value, including a first-year annual-fee rebate. Offer not available to Quebec residents.
Card details
| Interest rates | 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers |
| Income required | Personal income of $60,000 or household income of $100,000 |
| Credit score | 725 or higher |
Pros
- High earning: The highest earn rate for gas in Canada and one of the highest for groceries.
- Gas savings: Link your card with Journie Rewards and save up to 10 cents per litre at Pioneer, Fas Gas, Ultramar and Chevron stations.
- Easy redemption: Redeem cash back anytime (for a minimum of $25) through CIBC’s online and mobile banking.
- Broad spending categories: Broadly defined categories mean rewards on more purchases.
- Travel insurance: Includes travel insurance for emergency medical care, common carrier accidents and car rentals.
Cons
- Need high income and credit score: It may be more difficult to qualify for this card than some others.
- Earning cap: Most cards have specific limits for each category but this card caps higher bonus rates at $80,000 net spending, which may be limiting for large households.
- Limited insurance: Limited insurance offerings for a card with a $120 annual fee.
Silver: Best credit card for gas
At a glance: The Amex SimplyCash Preferred is one of the best cash back credit cards in Canada for those who spend heavily on gas and groceries. Earn an unmatched 4% cash back on gas and grocery purchases and a flat 2% back on everything else. With additional perks like a comprehensive insurance package and access to Amex benefits, this card is a great option for rewards on everyday spending.
Amex SimplyCash Preferred
Annual fee: $120
- 4% cash back on eligible gas and grocery purchases
- 2% cash back on everything else
Welcome offer: Earn a bonus 10% cash back on all purchases for your first three months (up to $2,000 in purchases) and a $50 statement credit when you make a purchase in month 13 (total value of up to $250).
Card details
| Interest rates | 21.99% on purchases, 21.99% on cash advances |
| Income required | None specified |
| Credit score | 725 or higher |
Pros
- High earn rates: Earn 4% cash back on gas and groceries, and a strong base rate of 2% on all other purchases.
- No income requirement: This card is accessible to many Canadians.
- Exclusive Amex perks: Access to Amex Front of the Line events, Amex Invites, Amex Experiences, tailored monthly offers, and exclusive dining and retail experiences.
- Free additional cards: Get supplementary cards at no extra cost.
- Refer-a-friend bonus: Earn up to $750 cash back annually for approved referrals.
Cons
- Mediocre insurance package: Includes 10 different types of insurance, like extended warranty (manufacturer’s warranty doubled), purchase protection, travel accident, rental car theft and damage, and more. However, the coverage amounts and limitations are not as strong as other premium cards.
- Limited Amex acceptance: Amex is not as widely accepted as Visa or Mastercard.
- Yearly redemptions: Rewards are issued as a statement credit once a year in September.
Bronze: Best credit card for gas
At a glance: The CIBC Costco Mastercard is a no-fee cash back card for Costco members. Earn an impressive 3% cash back on Costco gas, making it an excellent choice for drivers looking to save at the pump. The card also doubles as your Costco membership card (though the Costco membership fee still applies). If you’re a Costco regular who values savings on gas and dining, this card is a practical and rewarding choice.
CIBC Costco Mastercard
Annual fee: $0
- 3% at restaurants and at Costco gas stations
- 2% back at other gas stations and at Costco.ca
- 1% on all other purchases (including Costco)
Welcome offer: None at this time.
Card details
| Interest rates | 20.75% on purchases and 22.49% on cash advances |
| Income required | $15,000 per year |
| Credit score | 560 or higher |
Pros
- High earn rates: Earn 3% back on restaurant and Costco gas purchases.
- Mobile device insurance: Your device will be covered for up to $1,000 in replacement or repair costs—a rarity for no-fee cards.
- Accessible: There’s no annual fee and a low income requirement. If you have a $50,000 personal or $80,000 household income, you’re eligible for a complimentary upgrade to a World Mastercard.
- Free additional cards: Get additional cards at no extra cost.
- Installment plan option: Use the CIBC Pace It program to spread the cost of large Costco purchases over several months at a lower interest rate.
Cons
- Low earning at Costco: Not the most rewarding card for Costco shopping, earning only 1% back on in-store purchases.
- Exclusive to Costco members: Only available to those with a Costco membership.
- Limited redemption options: Rewards are issued once a year as a cash back gift certificate that can only be redeemed at Costco.
- Earning caps: You’ll only earn on the first $5,000 spent annually on gas/EV charging and on the first $8,000 on Costco.ca purchases.
Runners up for rewards on gas purchases
Tangerine Money-Back Credit Card
At a glance: With the Tangerine Money-Back Credit Card, you can choose up to three out of ten spending categories to earn unlimited 2% cash back, while receiving 0.5% back on everything else. Customize your spending categories to suit your lifestyle, and enjoy easy, automatic monthly rewards deposits. With tools to track your spending, this card is perfect for those wanting to monetize their everyday bills without paying for the privilege.
Tangerine Money-Back Credit Card
Annual fee: $0
- 2% in up to 3 categories of your choice (including groceries, gas and dining)
- 0.5% cash back on everything else
Welcome offer: Earn an extra 10% cash back during the first two months (up to $100 in cash back).
Card details
| Interest rates | 20.95% on purchases, 22.95% on cash advances and 22.95% on balance transfers |
| Income required | Personal or household income of $12,000 |
| Credit score | 660 or higher |
Pros
- Unmatched cash back flexibility: Pick up to three bonus categories and change them over time to reflect your evolving spending habits.
- Easy redemption: Rewards are automatically deposited into your account monthly.
- Free additional users: Add up to 5 free authorized users and earn faster as a group.
- Low balance transfer interest rate: Transfer balances during the first 30 days and pay only 1.95% interest on the balance for the first 6 months (plus a 1% fee).
Cons
- Limited insurance and perks: Only the most basic two coverages are included (purchase assurance and extended warranty) and extra perks are limited.
- Low base rate: A 0.5% base rate is quite low.
- No physical branches: Tangerine does not have any physical locations.
TD Cash Back Visa Infinite Card
At a glance: The TD Cash Back Visa Infinite Card is a top choice for drivers, offering 3% cash back on gas, groceries and recurring bills. Enjoy complimentary 24/7 roadside assistance with a Deluxe TD Auto Club membership at no additional cost. With added travel benefits like rental car savings at Avis and Budget, rental car insurance, and access to other Visa Infinite features, this card is perfect for frequent travellers.
TD Cash Back Visa Infinite Card
Annual fee: $139 (rebated first year)
- 3% cash back on groceries, gas, EV charging, public transit, recurring bill payments, streaming and digital gaming
- 1% on all other purchases
Welcome offer: Earn up to $600 in value, including 10% cash back on eligible purchases during the first three months (on up to $3,500 in purchases). Conditions apply.
Card details
| Interest rates | 21.99% on purchases, 22.99% on cash advances (21.99% in Quebec), 22.99% on balance transfers |
| Income required | Personal income of $60,000 or household income of $100,000 |
| Credit score | 680 or higher (recommended) |
Pros
- High earning: High earn rates on three major categories, including gas.
- Extensive travel perks: Includes 24/7 concierge services, a Deluxe TD Auto Club membership, exclusive benefits of the Visa Infinite Luxury Hotel Collection and more.
- Extensive insurance: Coverage includes travel medical insurance up to $2 million, baggage insurance, and more.
- Rental car discount: Save 10% in Canada and the U.S., and 5% in other foreign countries, on car rentals with Avis and Budget.
- Easy redemption: Redeem cash back anytime (when you have a minimum of $25) through TD’s online and mobile banking.
Cons
- Earning cap: Cash back on gas, groceries and pre-authorized payments is only up to an annual spending cap of $15,000 for each category.
- High income and credit score requirements: It may be more difficult to qualify for this card than some others.
Frequently asked questions
There are different kinds of gas credit cards. Some are associated with a retailer, like Petro-Canada or Shell, and allow you to collect points or rewards only at their pumps. Then there are credit cards associated with points programs, like Scene+, Air Miles and PC Optimum, which allow you to collect and redeem for a wide variety of rewards beyond just gas. There are plenty of different ways you can use these products together, but you typically earn more rewards by using “regular” credit cards in tandem with points programs than you do by using a gas credit card alone.
The best credit card for gas depends on many factors, such as your personal spending habits, your membership in loyalty programs, and even what gas retailers are located closest to you. However, based on our assessment, the CIBC Dividend Visa Infinite is the best credit card for Canadians who want to earn rewards on gas.
