The best gas credit cards in Canada for 2024

We break down the top credit cards in the country that'll help you save at the pump – with either cash back or rewards points.

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Credit cardDetails
CIBC Dividend Visa InfiniteBest for cash back on gas
• $120 annual fee
• 4% cash back on gas and groceries
• 2% on dining, daily transit and recurring bills
Tangerine Money-Back Mastercard*Best for cash back on gas with no fee
• No annual fee
• 2% cash back on unlimited purchases in two categories, including gas
• 2% in up to two other spending categories
TD Cash Back Visa Infinite*Best for roadside assistance
• $139 annual fee
• 3% cash back on gas (up to $15,000 annually)
• Complimentary emergency road services through the TD Auto Club Deluxe membership
PC Financial World Elite MastercardBest points credit card for gas
• No annual fee
• Earn at least 30 PC Optimum points per litre at Esso and Mobil stations

Why trust us

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.

Canada’s best credit cards for gas in more detail

Gas costs can be a hefty line item, especially for Canadians with a daily commute or even a hybrid situation—and it’s one that is largely out of our individual control. Using the right credit card when you fill up will earn you a return on your fuel expenses. But which card should you pick?

Best cash back credit card for gas

CIBC Dividend Visa Infinite

Visit cibc.com for more details
  • Annual fee: $120
  • Earn rates: 4% cash back on eligible gas, EV charging and grocery purchases; 2% on dining, daily transit and recurring payments; and 1% on everything else
  • Welcome bonus: You can Earn 10% cash back welcome bonus of up to $200 (first 4 statements). Offer not available to QC residents. Terms and conditions apply.
  • Annual income requirement: Personal income of $60,000 or household income of $100,000
Visit cibc.com for more details
  • Recommended credit score for approval: 725 or higher
  • Interest rates: 20.99% on purchases, 22.99% on cash advances (21.99% for Quebec residents), 22.99% on balance transfers

With the Dividend Visa Infinite, CIBC offers a strong contender in the cash back credit card category, especially for drivers, and even more so if you add your grocery bill to this card. With a return of 4% on gas, EV charging and groceries, this card is designed to put money back in your pocket. There are other bonus categories to earn cash back, including 2% on daily transit (including rideshares and public transit), so you get rewards on all modes of transit, as well as 2% on dining and recurring payments.


Best no-fee cash back credit card for gas

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Tangerine Money-Back Credit Card

  • Annual fee: $0
  • Earn rates: 2% in up to 3 categories of your choice (including groceries, gas and dining) and 0.5% cash back on everything else
  • Welcome bonus: You can earn an extra 10% back on up to $1,000 in everyday purchases within the first 2 months. Must apply by April 30, 2024.
  • Annual income requirement: Personal or household income of $12,000
  • Recommended credit score: 660 or higher
  • Interest rates: 19.95% on purchases, 19.95% on cash advances and 19.95% on balance transfers

The Tangerine Money-Back Mastercard has no annual fee and it offers straight cash rewards, which gives it strong appeal to a large number of Canadians. Credit card holders are rewarded with 2% cash back on unlimited purchases in two categories of your choosing, including gas, groceries, restaurants and drugstores. Opt to have your cash automatically deposited into a Tangerine savings account to receive 2% cash back in a third category. (You’ll earn 0.5% on everything else.) Plus, in the first 30 days after being approved for the card you can transfer balances from higher-interest cards at a low promotional interest rate of 1.95% for six months (plus a 1% fee). For those who want to monetize their fuel purchases without paying for the privilege, this no-frills card is a winner.


Best credit card for gas with roadside assistance

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TD Cash Back Visa Infinite Card

  • Annual fee: $139 (rebated for the first year.)
  • Earn rate: 3% cash back on gas, grocery and recurring bill payments; 1% on all other purchases
  • Welcome offer: You can earn up to $500 in value, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500. Conditions apply. Account must be approved by March 4, 2024.
  • Annual income requirement: Personal income of $60,000 or household income of $100,000
  • Rewards redemptions: Redeem at anytime when you have at least $25 worth of cash back earned
  • Recommended credit score for approval: 725 or higher
  • Interest rates: 20.99% on purchases, 22.99% on cash advances, 22.99% on balance transfers

The TD Cash Back Visa Infinite is a strong money back card offering a 3% return on gas, grocery and recurring bill payments (and 1% back on everything else). The return rate on gas would be enough for the card to place on our list, but it’s actually the roadside assistance (among other perks) that make it a standout card for drivers. Cardholders have complimentary emergency road services through an included Deluxe membership with TD Auto Club. This package includes 24-hour emergency assistance calls, towing, lockout and winching services, traffic accident emergency transportation, meals, accommodations and necessities, and even reimbursement options for issues TD Auto Club was unable to assist with. Plus, cardholders have auto rental loss and collision insurance and discounts at Avis and Budget. For frequent commuters or road-trippers, these perks can easily cover the card’s annual fee.


Best points credit card for gas

PC Financial World Elite Mastercard

Visit pcfinancial.com for more details
  • Annual fee: $0
  • Earn rates: 45 PC Optimum points per $1 at Shoppers Drug Mart; 30 points per $1 at Loblaw banner grocery stores (including No Frills), and 10 points per $1 on everything else
  • Welcome bonus: You can earn 20,000 PC Optimum points ($20 value).
  • Annual income requirement: Personal income of $80,000 or household income of $150,000
Visit pcfinancial.com for more details
  • Point value: 10 PC points = $0.01 at Loblaws grocery network and Shoppers Drug Mart
  • Recommended credit score for approval: 560 or higher
  • Interest rates: 21.99% on purchases, 22.97% on cash advances (21.97% for residents of Quebec), 22.97% on balance transfers

The PC Optimum program is one of the most popular rewards programs in Canada, due in part to its flexibility and ease of use that lets you redeem at the till. The no-fee PC Financial World Elite Mastercard offers accelerated earn opportunities at Shoppers Drug Mart and Loblaw-family groceries stores like No-Frills, Real Canadian Superstore and Fortinos, and at more than 4,500 Esso and Mobil gas stations across Canada. The last of which is where you’ll get at least 30 points per litre (rates vary by location). PC Optimum points can be redeemed at a rate of 10,000 points (equal to $10) by simply showing your card at the till of a participating retailer. At Esso, you can redeem points for gas and car washes.

Our methodology: How we determine the best cards

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.

Frequently asked questions

Short answer: It’s complicated. This is the most confusing aspect of choosing a gas card option. A gas card is a type of credit card that’s associated with a retailer, like Petro-Canada or Shell, and allows you to collect points or rewards only at their pumps. Then there are credit cards associated with points programs, like Scotia Rewards, 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.


There’s not a single, straightforward answer to this question. 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. If you want cash back, the CIBC Dividend Visa Infinite offers one of the highest earn rates. Other cards, such as the TD Cash Back Visa Infinite and Scotiabank Gold American Express, come with perks that are great for long-distance drivers and frequent travellers.


More of Canada’s best credit cards:

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About Keph Senett

About Keph Senett

Keph Senett writes about personal finance through a community-building lens. She seeks to make clear and actionable knowledge available to everyone.