The best store credit cards in Canada for 2023

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Best for stores under the Loblaw umbrella, including Loblaws and Shoppers Drug Mart
PC Financial World Elite Mastercard*
Best for stores under the Canadian Tire Corporation umbrella, including Canadian Tire, Sport Chek and Mark’sTriangle Mastercard
Best for Amazon Rewards Mastercard
Best for WalmartWalmart Rewards World Mastercard
Best for CostcoCIBC Costco Mastercard
Best for shopping localNeo Credit*

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The best store credit cards in more detail

Creatures of habit, rejoice! Your loyal shopping behaviours may just pay off, big time. If you shop regularly at certain retailers, using a store credit card can help you to earn discounts, free goods and exclusive perks by swiping or tapping for everyday purchases. Spending with a store credit card can even give you VIP access to sales. And if you already collect loyalty points, they’ll likely accumulate even quicker with a store credit card. Considering that these cards typically have no annual fee, the reasons to switch are racking up quicker than your latte charges. Read on to see which are the best store credit cards in Canada for making your daily spending work for you.

If you spend at Loblaws, Shoppers Drug Mart and Esso

PC Financial World Elite Mastercard*


This credit card brings something more to the table–get it? Arguably the best no fee card credit for groceries in Canada, the PC Financial World Elite Mastercard earns you PC Optimum Points faster when you shop at any of the Loblaw banner stores (Loblaws, No Frills, Superstore, Fortinos, etc.), Shoppers Drug Mart and when you fill up at Esso and Mobil gas stations.

  • Annual fee: $0
  • Interest rates: 21.99% on purchases, 22.97% on cash advances (21.97% in Quebec)
  • Welcome offer: earn 20,000 PC Optimum points ($20 value).
  • Earn rate: 30 points per $1 at Loblaws stores, PC Travel and Esso; 45 points per $1 at Shoppers Drug Mart; 10 points per $1 everywhere else
  • Additional benefits: Travel emergency medical insurance and car rental collision or damage insurance
  • Annual income requirement: Personal income of $80,000 or household income of $150,000

How it works

You rack up the equivalent of 4.5% cash back in PC Optimum Points at Shoppers Drug Mart and 3% on groceries from Loblaws banner stores. You’ll also earn 30 Optimum Points per litre of gas at Esso and Mobil stations—making it one of the best retailer credit cards for gas on the market—and 1% in PC  points everywhere else you swipe the card.

The loyalty system is easy to understand: 10,000 PC Optimum Points is equivalent to $10 redeemable in merchandise (or in other words, 10 points = $0.01 or 1%).

You can redeem your points at almost 2,500 participating retail locations including Loblaws banner stores and Shoppers Drug Mart/Pharmaprix locations. As soon as you reach over 10,000 points, you present your card at the register and the respective discount is deducted from your bill instantly.


This card doesn’t have an annual fee, and it offers free travel emergency medical insurance for up to $1 million for trips of 10 days or less. It also comes with car rental insurance, purchase assurance in case of theft, loss or damage after you buy an item with your card and extended warranty on certain items purchased with the card. It also has a free 24/7 concierge service for dinner reservations, event tickets, gift delivery and more. You can also stack any PC Optimum points you regularly earn on the credit card with personalized offers from the PC Optimum app, in-store points offers or flyers.


Purchases on certain items, like tobacco, lottery tickets and prescriptions at stores, do not earn you PC Optimum Points. Also, while you can earn points at Esso and Mobil gas stations, you cannot redeem points for free gas.

To qualify for the PC Financial World Elite Mastercard, you need a minimum annual income of $80,000 or $150,000 as a household, as well as a minimum spend of $15,000 annually. However, if you don’t meet those requirements, you will automatically be considered for the PC Financial World or entry-level PC Financial Mastercard with lesser income and still earn PC Points on everyday spending.

If you shop at Canadian Tire, Sport Chek and Mark’s 

Triangle Mastercard from Canadian Tire*

If you spend a lot on items for your home, car, sports equipment and more, you could collect CT Money with those purchases. This card rewards you with CT Money while shopping at Canadian Tire and other stores under the Canadian Tire Corporation umbrella. It’s worth noting that CT Money has changed: it’s not the fun, Monopoly-style paper bills of an era gone by, and CT Money racks up electronically now.

  • Annual fee: $0
  • Interest rates: 20.99% on purchases, 22.99% on cash advances, 22.99%on balance transfers
  • Welcome offer: No welcome offer at this time.
  • Earn rate: 4% in CT Money at Canadian Tire, Sport Chek, Atmosphere, Hockey Experts, Mark’s/L’Équipeur, Party City and participating and Sports Experts stores.
  • Rewards on everything else: 1.5% on the first $12,000 spent on groceries per calendar year (excluding Costco and Walmart); 0.5% on everything else
  • Annual income requirement: None specified
  • Additional benefits: No-fee financing on qualifying purchases of $150 or more at affiliated retailers, no-receipt returns, personalized offers and member-only events

How it works

The Triangle Mastercard lets you rack up the equivalent of 4% cash back in CT Money when you spend at stores under the Canadian Tire Corporation umbrella. Don’t forget, Canadian Tire offers auto services, so collecting (or redeeming) CT Money could be a silver lining to your next flat tire or oil change. What’s more, if you sign up for the new Triangle Select program, at a cost of $89 per year plus tax, you’ll get ten times the CT Money on everyday purchases made with your Triangle Mastercard in addition to your regular in-store Triangle credit card rewards.

In terms of rewards systems, it couldn’t be simpler: $1 in CT Money is equivalent to one redeemable dollar. You can use your CT Money by presenting your credit card to the cashier.


The Triangle Mastercard boasts no annual fee and also offers a no-receipt return policy at participating stores and exclusive savings events for members.

You can also take advantage of their no-fee, no-interest financing program on bigger purchases at Canadian Tire (and the aforementioned stores). Basically, when you spend $150 or more, you can split it into 24 equal monthly payments, as long as you pay your minimum balance due each month. It’s like layaway 2.0.


The reward points are only applied to the price of the purchased items, meaning the 4% you’ll earn on purchases at Canadian Tire doesn’t include sales tax. 

If you shop on Amazon Rewards Mastercard

If going to the mall isn’t your thing right now (totally understandable), the Rewards Mastercard could be perfect for you. It lets you earn points to use towards discounts on your Amazon purchases (as well as for shopping at Whole Foods, grocery stores and restaurants).

  • Annual fee: $0
  • Interest rates: n/a
  • Earn rate on Amazon and Whole Foods: 2.5% for Prime members and 1.5% for non-Prime Members
  • Earn rate on everything else: 1% on Canadian purchases, and 2.5% on eligible foreign currency transactions to help cover foreign exchange fees if you’re a Prime member (otherwise it’s 1%)
  • Income requirement: None specified

How it works

Amazon Prime members get 2.5% in Amazon points on purchases at and Whole Foods Market stores. If you’re not a Prime member, you get 1.5% on eligible purchases at and Whole Foods stores. You also get 1% on eligible purchases elsewhere.

The system is simple: Rewards are automatically loaded into your Amazon account once you’ve earned 2,000 points (equivalent to $20). You can then use those points to redeem for Amazon gift cards.


This card has no annual fee and also offers a great welcome bonus: You get 5% back at, Whole Foods Stores, grocery stores and restaurants for six months after approval or on the first $3,000 in eligible purchases, maxing out at $150 in rewards.

Cardholders also get 2.5% back on eligible foreign currency transactions, which helps to cover foreign transaction fees. If you’re not a Prime member, you get 1% back on foreign currency transactions.


Compared to cards with a large network of stores, this is really only worth it if you’re a dyed-in-the-wool Amazon shopper. Plus, the Prime membership isn’t complimentary—it’s $79 a year.

If you shop at Walmart

Walmart Rewards World Mastercard

Walmart Rewards World Mastercard

If you love a good deal, you’re probably no stranger to the aisles of Walmart. Here’s how the Walmart Rewards World Mastercard can make those (already rolled-back) dollars go further for you. 

  • Annual fee: $
  • Interest rates: % on purchases, % on cash advances (21.97% for residents of Quebec)
  • Earn rate: earn 3% at, 1.25% in-store in Canada, 1.25% at gas stations, 1% everywhere else
  • Welcome offer:
  • Annual income requirement: Household income of $100,000

How it works

You’ll earn a hefty 3% when shopping online at and 1.25% when shopping in-store at their brick-and-mortar locations. You’ll also get 1.25% when you fill up at any gas station (a definite plus if it’s not always feasible to gas up at the same chain). You’ll also earn 1% on purchases anywhere else.


This card starts paying off right away. You can start redeeming when you collect as little as $5 in rewards. It’s also very simple: $1 Walmart Dollar = $1 in discounts.


This is another card you have to meet a minimum income requirement for ($100,000 annually as a household). If you don’t make the cut, you could still qualify for the entry-level Walmart Rewards Mastercard, but before you apply consider there are some better reward credit cards to use at Walmart.

At 3%, the Walmart Rewards World Mastercard also works best if you do a lot of online shopping at But if you prefer to shop in-person, again, there are better cards available that earn more rewards when spending at brick-and-mortar Walmart locations like the American Express SimplyCash Preferred or TD First Class Visa Infinite.

If you shop at Costco

CIBC Costco Mastercard

The new CIBC Costco Mastercard is the replacement to the Costco Capital One card, but with a few key changes.

  • Annual fee: $0
  • Interest rates: 19.75% on purchases, 21.49% on cash advances, 21.49% on balance transfers
  • Earn rate: 3% cash back when you spend at restaurants and at Costco gas, 2% back at other gas stations and at, 1% on all other purchases (including Costco)
  • Welcome offer: There is no welcome offer at this time.
  • Annual income requirement: $15,000

How it works

This is a cash back card tailored to benefit people who shop at Costco. You’ll earn 3% cash back at restaurants and Costco gas stations, 2% cash back at other gas stations and 2% back when you shop at For all your other purchase categories, you’ll earn 1% cash back (including at Costco). There’s no limit on how much cash back you can earn throughout the year, but the earn rate you receive does come with a cap. When you reach your annual spend in a certain category, you’ll will go back to the 1% rate for the remainder of the calendar year in that category. For gas, you will receive the 3% cash back rate (and 2% cash back rate at other gas stations) only on the first $5,000. After that, you’ll earn the 1% cash back rate. For purchases, the cap is $8,000 before you return to the 1% base rate. 


This card includes mobile device insurance, with up to $1,000 of repair or replacement coverage when you charge or finance the price of a mobile device on your card. With certain eligible purchases, you can also get security insurance and extended warranty insurance. 


Even though there is no annual fee, you do have to have a Costco membership (which is upwards of $60 per year) to really get the benefits of this card. Also, the cash back redemption isn’t super flexible: CIBC Costco Mastercard gives it to you in the form of gift certificates, issued in January, that you can redeem for anything in the Costco warehouse.

If you shop local

Neo Credit*

Links to Neo website

Making an effort to #supportlocal? That doesn’t mean you can’t earn competitive cash-back rewards. This no-fee card allows you to earn an average of 5% cash back when you spend at partnered retailers, including both local shops and bigger businesses, like Netflix, Spotify and Hudson’s Bay. A sampling of its partners can be found on the website, and you can see more partners when you use the app.

  • Annual fee: $0
  • Interest rates: 19.99% on purchases, 22.99% on cash advances
  • Welcome offer: earn $25 cashback when you sign up for the Neo Credit card, plus up to 15% cashback on first-time purchases at 10,000+ partners.
  • Earn rate: Earn an average of up to 5% cash back at Neo partners
  • Additional benefits: Cash back can be redeemed instantly with no minimum threshold
  • Annual income requirement: None specified

How it works

You rack up the equivalent of 5% cash back at local partner retailers, which you can view in the Neo Financial app. You can redeem your points instantly, and there’s no threshold to reach before you can redeem them.


This card doesn’t have an annual fee, over-limit nor inactivity fees. It also offers unique rewards from the businesses it partners with, which can mean perks like earning a free morning coffee at your local shop or getting 20% off a new yoga class.


Depending on your spending habits, the cost of the cash back rewards maybe not be worth it for you. You’d have to do the math to decide the better deal, based on your spending habits.

More of Canada’s best credit cards: