Best Credit Cards for 2025 – Top Picks for Travel, Cashback & Business Rewards
Looking for the best cashback credit cards in Canada for 2025? We’ve curated the top options that help you earn rewards on everyday spending — from groceries to gas and everything in between. Whether you’re looking for a no-fee card or premium perks, these picks are designed to put more money back in your pocket.
💳 1. CIBC Dividend® Visa Infinite Card
Top Pick for Everyday Spending
- Cash Back: 4% on groceries, 2% on gas, 1% everything else
- Welcome Bonus: Up to $300 cash back
- Annual Fee: $120 (waived first year)
- Why It’s Great: High earn rates on essentials + mobile device insurance.
💳 2. Scotia Momentum® Visa Infinite
Best for Big Families or Frequent Shoppers
- Cash Back: 4% on groceries & subscriptions, 2% gas & transit
- Annual Fee: $120
- Welcome Bonus: Up to $200
- Why It’s Great: One of the highest multipliers on streaming and groceries.
💳 3. Simplii Financial™ Cash Back Visa
No Annual Fee Option
- Cash Back: 4% on restaurants, 1.5% gas/groceries
- Annual Fee: $0
- Welcome Bonus: Up to $50
- Why It’s Great: No fee + solid earn rates make it perfect for students or budget-conscious earners.
❓ FAQs – Cashback Credit Cards in Canada
What’s a cashback credit card?
A cashback card gives you a percentage of your spending back in cash. Payouts are usually monthly or annually.
Do I need excellent credit to qualify?
Most premium cards require a score of 680+, but no-fee or student cards accept applicants with lower scores.
Can I stack cashback with other rewards?
Yes — using apps like Rakuten or Ampli on top of your card earns double rewards.
💬 Final Thoughts
If you want to maximize your rewards this year, a cashback card is one of the easiest and most effective tools. Start with a no-fee option or aim high with a premium rewards card — either way, you’ll start earning instantly once approved.