We break down the highest bank cards within the nation that’ll show you how to save on the pump—with both money again or rewards factors.
Overview of the most effective fuel bank cards
Fuel prices generally is a hefty line merchandise, particularly for Canadians with a every day commute or perhaps a hybrid scenario—and it’s one that’s largely out of our particular person management. Utilizing the appropriate bank card once you refill will earn you a return in your gasoline bills. However which card must you choose?
| Bank card | Why we adore it |
|---|---|
| Finest for money again on fuel CIBC Dividend Visa Infinite Annual price: $120 |
4% money again on fuel and EV charging, plus 4 different bonus classes |
| Finest for money again on fuel with no price Tangerine Money-Back Mastercard Annual price: $0 |
2% limitless money again in two classes of your alternative, together with fuel, with no annual price |
| Finest for roadside help TD Cash Back Visa Infinite Annual price: $139 (rebated for the primary yr.) |
3% money again on fuel and complimentary emergency highway companies via the TD Auto Membership Deluxe membership |
| Finest factors bank card for fuel PC Financial World Elite Mastercard Annual price: $0 |
Not less than 30 PC Optimum factors per litre at Esso and Mobil stations |
Finest money again bank card for fuel
At a look: The CIBC Dividend Visa Infinite presents unbeatable rewards for on a regular basis spending, with as much as 4% money again on fuel, EV charging and groceries. With a further 2% money again on eating, transit and recurring payments, plus 1% on every part else, this card delivers constant rewards throughout classes. Plus, save as much as 10 cents per litre at choose fuel stations with Journie Rewards. It’s the right card for anybody looking for versatile money again choices with out sacrificing worth, particularly for frequent drivers and buyers.
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CIBC Dividend Visa Infinite
Annual price: $120 (rebated first yr)
Welcome supply: earn a ten% money again welcome bonus of as much as $250 (first 4 statements). Supply not accessible to QC residents. Phrases and circumstances apply.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Revenue required | Private earnings of $60,000 or family earnings of $100,000 |
| Credit score rating | 725 or increased |
Finest no-fee money again bank card for fuel
At a look: The Tangerine Cash-Again Credit score Card is the most effective no-fee money again card for on a regular basis purchases like fuel, groceries and extra. Select as much as three out of ten spending classes to earn limitless 2% money again, whereas receiving 0.5% again on every part else. Customise your spending classes to fit your way of life, and revel in straightforward, computerized month-to-month rewards deposits. With instruments to trace your spending, this card is ideal for these eager to monetize their on a regular basis payments with out paying for the privilege.
Tangerine Cash-Again Card
Annual price: $0
Welcome supply: Earn an additional 10% money again throughout the first two months (as much as $100 in money again). Should apply by October 31, 2024.
Card particulars
| Rates of interest | 19.95% on purchases, 19.95% on money advances and 19.95% on steadiness transfers |
| Revenue required | Private or family earnings of $12,000 |
| Credit score rating | 660 or increased |
Finest bank card for fuel with roadside help
At a look: The TD Money Again Visa Infinite Card is a best choice for drivers, providing 3% money again on fuel, groceries and recurring payments, and 1% on different purchases. Take pleasure in a complimentary Deluxe TD Auto Membership membership, offering 24/7 roadside help amongst different perks. With added journey advantages like automobile rental financial savings at Avis and Price range, auto rental insurance coverage and entry to different Visa Infinite options, this card is ideal for road-trippers and frequent travellers.
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TD Money Again Visa Infinite Card
Annual price: $139 (waived first yr)
Welcome supply: Earn as much as $500 in worth, together with 10% in money again throughout the first three months (as much as $350 in money again). Situations apply. Account should be accepted by January 6, 2025.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Revenue required | Private earnings of $60,000 or family earnings of $100,000 |
| Credit score rating | 680 or increased (really helpful) |
Finest factors bank card for fuel
At a look: The PC World Elite Mastercard, designed for final fuel and grocery rewards, is Canada’s first no-fee World Elite Mastercard. Earn 45 PC Optimum factors per greenback at Consumers Drug Mart and 30 factors per greenback at most Loblaw-banner grocery shops like No-Frills and Actual Canadian Superstore. Additionally, earn a minimum of 30 factors per litre at Esso and Mobil fuel stations throughout Canada (charges differ by location) and 10 factors in all places else. With versatile and straightforward redemption, factors can be utilized on the until for groceries, fuel, automobile washes and extra.
PC Monetary World Elite Mastercard
Card particulars
| Rates of interest | 21.99% on purchases, 22.97% on money advances (21.97% for residents of Quebec), 22.97% on steadiness transfers |
| Revenue required | Private earnings of $80,000 or family earnings of $150,000 |
| Credit score rating | 560 or increased |
| Level worth | 10 PC factors = $0.01 at Loblaws grocery community and Consumers Drug Mart. |
How we decide the most effective playing cards
The MoneySense editorial group selects the most effective bank cards by assessing the worth they supply to Canadians throughout varied classes. Our greatest bank cards for fuel rating relies on an in depth checklist of card particulars and options—with a concentrate on those who matter to drivers—together with annual charges, rates of interest, welcome presents, rewards earn charges, annual earnings necessities, and perks resembling insurance coverage protection and roadside help. Our rankings are an unbiased supply of data for Canadians. The addition of hyperlinks from affiliate companions has no bearing on the outcomes. Learn extra about how MoneySense makes money.
Often requested questions
Extra of Canada’s greatest credit cards:
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