Fuel costs can add up quickly for Canadians who commute or drive regularly. Choosing the right credit card for gas purchases can put money back in your pocket through cash back, rewards points or station discounts. Below, we outline top credit cards available in Canada that help you save at the pump, comparing welcome offers, fees, rewards rates and other perks to help you pick the best option for your driving and spending habits.
Best gas credit cards in Canada
CIBC Dividend Visa Infinite Card
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SimplyCash Preferred Card from American Express
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TD Cash Back Visa Infinite Card
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MoneySense is an established personal finance publication that has helped Canadians navigate money matters since 1999. Our editorial team of trained journalists works with independent experts to compare products from banks, credit unions and card issuers. We evaluate offerings across major institutions to identify the best value for consumers.
Compare credit cards with gas rewards
Use the table below to compare key features of popular gas rewards cards, including annual fees, rewards rates, spending caps and other benefits. Scroll to our editors’ top picks for detailed reviews.
| 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 select stations | $60,000 per year | 725 or higher | Apply now |
Amex SimplyCash Preferred
|
$120 | 4% cash back | No limit | Yes | No | None | None specified | 725 or higher | Apply now |
CIBC Costco Mastercard
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$0 | 3% cash back at Costco gas; 2% at other stations | First $5,000 in purchases per year | Yes (more at Costco) | Yes | Up to $0.10 per litre at select stations | $15,000 per year | 560 or higher | Not available |
Tangerine Money-Back Mastercard
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$0 | 2% cash back (when chosen as category) | No limit | Yes | No | None | $12,000 per year | 660 or higher | Not available |
TD Cash Back Visa Infinite
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$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
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$149 | 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
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$139 | 3% cash back | First $300 per statement cycle | Yes | Yes | Up to $0.07 per litre at Shell | $80,000 per year | 760 or higher | Apply now |
MoneySense award winners
Below are our top picks for gas credit cards and a concise look at what makes each one stand out. We highlight the core benefits, details and trade-offs so you can choose the right card for your driving and spending patterns.
Our editorial team evaluates cards based on factors that matter to drivers: rewards rates for gas and EV charging, annual fees, welcome offers, income and credit requirements, insurance and extras such as roadside assistance. We rank cards to reflect overall value and practical usefulness for everyday spending, using information from major issuers and public disclosures.
Gold: Best credit card for gas
At a glance: The CIBC Dividend Visa Infinite stands out for its high cash-back rates on everyday categories. It pays up to 4% back on gas, EV charging and groceries, 2% on dining, transit and recurring bills, and 1% on other purchases. Cardholders can also save at participating stations with Journie Rewards. This card suits frequent drivers who want flexible cash-back earnings across common spending categories.
CIBC Dividend Visa Infinite
Annual fee: $120 (rebated first year)
- 4% cash back on eligible gas, EV charging and groceries
- 2% on dining, daily transit and recurring payments
- 1% on all other purchases
Welcome offer: Join and earn up to $400 in value including a first-year annual fee rebate. Offer not available to Quebec residents.
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Card details
| Interest rates | 21.99% on purchases, 22.99% on cash advances and balance transfers |
| Income required | Personal income of $60,000 or household income of $100,000 |
| Credit score | 725 or higher |
Pros
- High earnings: One of the top earn rates for gas and groceries.
- Station discounts: Link with Journie Rewards to save up to 10 cents per litre at participating stations.
- Flexible redemptions: Cash back is redeemable at any time (minimum $25) via online or mobile banking.
- Broad categories: Generous definitions for reward categories increase the number of eligible purchases.
- Insurance coverage: Includes travel and rental car insurance benefits.
Cons
- Qualification standards: Requires a relatively high income and credit score to qualify.
- Earning caps: Some higher earn rates have annual limits that could restrict value for very large households.
- Insurance limits: Coverage may be limited compared with premium travel cards.
Silver: Best credit card for gas
At a glance: The Amex SimplyCash Preferred is ideal for Canadians who spend heavily on gas and groceries. It pays 4% cash back on eligible gas and grocery purchases and 2% on most other purchases, paired with Amex benefits and a solid insurance package.
Amex SimplyCash Preferred
Annual fee: $119.88 ($119 for Quebec residents)
- 4% cash back on eligible gas and grocery purchases
- 2% cash back on all other purchases
Welcome offer: Earn a bonus 10% cash back on purchases for the first three months (up to $2,000 in purchases) and a $50 statement credit in month 13—up to $250 in value.
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Card details
| Interest rates | 21.99% on purchases and cash advances; higher penalty APRs may apply for late payments (variable). |
| Income required | None specified |
| Credit score | 725 or higher |
Pros
- High earn rates: 4% back on gas and groceries, plus 2% on most other spending.
- No income requirement: Easier to qualify for than some premium cards.
- Amex benefits: Access to Amex events, offers and curated experiences.
- Free supplementary cards: Add authorized users at no extra cost.
- Refer-a-friend: Potential to earn additional cash back through referrals.
Cons
- Limited acceptance: American Express is not accepted everywhere compared with Visa or Mastercard.
- Rewards timing: Some rewards are issued periodically, such as an annual statement credit.
- Insurance limits: Coverage is helpful but not as extensive as higher-tier travel cards.
Bronze: Best credit card for gas
At a glance: The CIBC Costco Mastercard is a no-fee option for Costco members that pays 3% cash back at Costco gas stations and 2% at other stations. It also doubles as your Costco card, making it a solid choice for regular Costco shoppers who want extra savings on fuel.
CIBC Costco Mastercard
Annual fee: $0
- 3% at restaurants and Costco gas stations
- 2% at other gas stations and on Costco.ca
- 1% on 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
- Strong gas earnings: 3% back at Costco gas.
- Mobile device insurance: Coverage up to $1,000 for eligible devices.
- No annual fee: Accessible with low income requirements.
- Additional cards: Free supplementary cards are available.
- Installment options: CIBC Pace It allows spreading large purchases over time.
Cons
- Limited in-store earning: Only 1% back on many in-store Costco purchases.
- Costco membership required: Card is available only to Costco members.
- Redemption limits: Rewards are issued annually as a Costco cash-back certificate.
- Earning caps: Some categories are capped at modest annual amounts.
Runners up for rewards on gas purchases
Tangerine Money-Back Credit Card
At a glance: Tangerine lets you choose up to three bonus categories to earn 2% cash back (or up to three categories if you deposit rewards into a Tangerine Savings Account), with 0.5% on other purchases. Rewards are deposited automatically each month, making this card a flexible, no-fee option for drivers who want to tailor rewards to their spending.
Tangerine Money-Back Credit Card
Annual fee: $0
- 2% in up to two categories of your choice (three categories if rewards are deposited into a Tangerine Savings Account)
- 0.5% cash back on all other purchases
Welcome offer: Earn 10% cash back for two months (up to $100). Offer ends September 30, 2026.
Card details
| Interest rates | 20.95% on purchases, 22.95% on cash advances and balance transfers |
| Income required | Personal or household income of $12,000 |
| Credit score | 660 or higher |
Pros
- Flexible categories: Change bonus categories to match your spending.
- Automatic deposits: Rewards are applied to your account monthly.
- Free additional users: Add up to five authorized users at no cost.
- Low balance transfer rate: Attractive short-term balance transfer option for qualifying transfers.
Cons
- Limited perks: Basic insurance and fewer benefits than premium cards.
- Low base rate: 0.5% on non-bonus purchases is modest.
- No physical branches: Tangerine operates primarily online.
TD Cash Back Visa Infinite Card
At a glance: The TD Cash Back Visa Infinite is a solid choice for drivers who want a mix of travel perks and gas rewards. It offers 3% cash back on gas, groceries and recurring bills, plus a complimentary Deluxe TD Auto Club membership for roadside assistance and other Visa Infinite features.
TD Cash Back Visa Infinite Card
Annual fee: $139 (rebated first year)
- 3% cash back on groceries, gas, EV charging, transit, recurring bills and select streaming purchases
- 1% on other purchases
Welcome offer: Earn up to $600 in value, including bonus cash back on qualifying purchases in the first three months. Conditions apply.
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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
- Strong earnings: High rates on several everyday categories including gas.
- Travel perks: Concierge services, travel insurance and rental car discounts.
- Insurance: Generous travel medical and baggage coverage.
- Easy redemptions: Cash back is redeemable through online and mobile banking with a low minimum.
Cons
- Category caps: Bonus cash back for some categories is limited by annual spending caps.
- Qualification standards: Higher income and credit requirements may limit eligibility.
Frequently asked questions
Gas credit cards come in several forms. Retail-branded cards (for Petro-Canada, Shell, etc.) reward purchases at a specific chain. Broader rewards cards earn cash back or points at all stations and often include additional categories like groceries or dining. Pairing a general rewards card with a loyalty program can sometimes yield higher overall value than using a single gas-only card.
The best card depends on your spending patterns, loyalty memberships and nearby gas retailers. Based on our assessment, the CIBC Dividend Visa Infinite offers one of the most generous cash-back rates for gas while also providing strong rewards on groceries and other everyday categories.
More of Canada’s best credit cards:
- Canada’s best credit cards
- Canada’s best instant approval credit cards
- Canada’s best no-fee credit cards
- Canada’s best cash back credit cards