I spend about 56k per year, most is supermarket, gas, eating out, dollar stores, fruits and veggies.
I am thinking about getting the Rogers Red Mastercard but wonder if there is a better option out there, if possible NO FEE too.
I also wonder what Rogers mean by "eligible purchases", I called them and was not informed if gas and supermarket can be considered or not
Thank you
What is the best cash back credit card in Canada?
The best cash back credit card depends on your spending habits and which categories you use most often. There is no objective “best” cash back credit card, but you can find the right one for you by analyzing your buying habits and determining which categories you spend the most money in. At Ratehub, we like the CIBC Dividend Visa Infinite. This card offers the best rewards for everyday essentials, with a 1% earn rate for all purchases and an industry-leading 4% cash back on both groceries and gas purchases – two of the most common spending categories for Canadian households. Thanks to CIBC’s new Cash Back on demand feature, you can choose to redeem rewards any time, starting at just $10.
How do I choose the best cash back credit card for me?
Get cash back on what matters most: Choose from earning more at the grocery store or getting unlimited cash back on everything you buy.
Choose the most valuable benefits for you: Choose from no annual fee or exclusive benefits like car rental insurance and airport lounge access.
See how much cash back you can earn: Try the RBC credit card cash back calculator to see how much cash back you can earn in a year based on your monthly spending.
What is the best cash back credit card with no annual fee?
The best cash back credit card with no annual fee is the SimplyCash Card from American Express. It’s a great option for users who want to earn cash back without paying an annual fee, offering competitive earn rates on everyday purchases and access to helpful Amex perks at no added cost.
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What's the best Cashback credit card in your opinion for both gas and grocery and why?
Best cash back credit cards?
One thing to keep in mind - sign-up bonuses. Most 2% cash back cards do not offer sign up bonuses. By contrast, some 1.5% cash back cards, like the Chase Freedom Unlimited, offer a $200 SUB with only $500 in spending over the first 90 days. Accounting for the SUB, the CFU comes out ahead of a card like the Citi Double Cash at up to $40K in spend on the card. The CFU is also currently offering 5% at grocery stores for the first 12 months at up to $12K in spend for new applicants.
Even though you (OP) said you’d prefer a flat cash back card, I’ll mention the Wells Fargo Propel Amex as a possible option. It is a travel card but rewards can be used for cash back (in $25 increments), and it offers a 3% rewards rate for both dining/restaurants and fuel purchases.
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The Chase Amazon.com card is pretty good too if you shop on Amazon much. 3% back on Amazon purchases, and 2% on something like gas and drug stores (but don't quote me on that), 1% on everything else
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Looking at credit cards and most cards tend to be best for gas or groceries but not both.. what card would you choose for more than 2% Cashback on both gas AND grocery?