11 Best Gas Credit Cards in Canada for January 2025

The best credit cards for gas in Canada help reduce the monetary impact of gas purchases on your wallet.

Since they offer points you can redeem for travel rewards or pay you real cash back at the pump, a good gas card is valuable if driving is part of your everyday life.

Many of the cards listed below are also on my list of the best credit cards in Canada, and some offer exceptional rental car insurance.

Let’s dig in.

Best Gas Credit Cards in Canada for January 2025

• Tangerine Money-Back Credit Card
• Triangle World Elite Mastercard
• Scotia Momentum Visa Infinite Card
• Neo Everyday Essentials Card
• Scotiabank Gold American Express Card
• American Express Cobalt Card
• SimplyCash Card from Amex
• MBNA Rewards Platinum Plus Mastercard
• Triangle Mastercard
• PC Financial Mastercard
• BMO CashBack World Elite Mastercard

Best Gas Credit Cards With No Annual Fees

If you don’t like paying the annual fees on credit cards, we have got you covered with no-annual-fee credit cards below.

Pro tip: These cards offer returns on gas purchases that are competitive even when compared to premium credit cards.

1. Tangerine Money-Back Credit Card

• Gas rewards: Up to 2% cash back (15% promo cash back)

The Tangerine Money-Back Credit Card is one of the best cash back cards in Canada for gas purchases.

It offers unlimited 2% cash back rewards when you spend in up to three of your chosen categories and 0.5% cash back on everything else.

The purchase categories you can choose from include gas, grocery, restaurants, drug store, recurring bill payments, entertainment, public transportation and parking, and hotels.

The cash back earned is paid out every month, so you don’t need to wait until the end of the year before gaining access to it.

Extra perks offered by this card include a 1.95% balance transfer for 6 months, purchase protection, and extended warranty coverage.

For a limited time, new Tangerine credit cardholders get up to a $100 bonus when they spend $1,000 within the first 2 months.

If you have a personal income of $60,000 or higher, you can also apply for the premium version of this card – Tangerine World Mastercard.

It also has no annual fees, pays up to 2% cash back, and includes rental car insurance, free global Wi-Fi, mobile device insurance, and airport lounge access.

2. Triangle World Elite Mastercard

• Gas rewards: 5-7 cents per litre at Gas+ stations

The Triangle World Elite Mastercard is a hidden gem, especially if you regularly shop at Canadian Tire stores.

It offers 5-7 cents per litre of gas you purchase at Gas+ and participating Husky stations, making it one of the best gas loyalty rewards programs in Canada.

In addition, you earn 4% Canadian Tire Money when you shop at Canadian Tire, Sport Chek, Mark’s, and Atmosphere stores.

Also, you earn 3% on the first $12,000 you spend on grocery purchases per year (excludes purchases at Costco and Walmart).

Lastly, this card offers a free roadside assistance plan. Learn more in this review of Triangle credit cards.

Best Premium Gas Credit Cards

The best premium credit cards have annual fees; however, they also amplify your rewards and offer VIP perks.

The ones listed below offer a mix of cash back or rewards points on gas purchases, comprehensive insurance coverage, and more.

3. Scotia Momentum Visa Infinite Card

• Gas rewards: 2% cash back (10% promo cash back)

The Scotia Momentum Visa Infinite Card is also one of the best grocery cash back cards in Canada.

After the 10% cash back promotional period ends, you earn 4% cash back on groceries and recurring payments, 2% cash back on gas and daily transit, and 1% on everything else.

Its insurance benefits package included mobile device insurance, travel medical, flight delay, trip cancellation, rental car, travel accident insurance, and more.

4. Neo Credit card

• Gas rewards: Varies (depends on participating gas stations)
• Minimum income required: N/A

A premium Neo Credit card is one of the best gas cards you can use. It also works well as an excellent grocery rewards card.

While Neo Credit has no annual fees, the optional Premium plan costs $4.99 monthly and significantly increases your rewards.

Cardholders generally earn an average of 5% unlimited cash back when they shop at over 12,000 locations in Canada, plus exclusive access to offers at gas station chains like Husky and Chevron.

It also comes with credit monitoring, insurance benefits, and more.

5. Scotiabank Gold American Express Card

• Gas rewards: 3 points per $1 spent

The Scotiabank Gold American Express Card is a premium card that is easy to apply for.

It offers 20,000 bonus points to new cardholders who spend $1,000 in the first 3 months, plus an extra 20,000 points when you spend $7,500 in the first year (for a total of $400 value).

You earn 5 points per $1 spent on groceries, dining, and entertainment; 3 points per $1 spent on gas and daily transit; and 1 point per dollar on everything else.

This card is one of a few credit cards in Canada that waives the 2.5% fee on foreign currency purchases.

It offers a comprehensive suite of travel insurance coverage (8 types), and users get a discount on a Priority Pass membership with access to over 1200 airport lounges worldwide.

6. American Express Cobalt Card

• Gas rewards: 2 points per $1 spent

The American Express Cobalt Card is one of the best-rated credit cards in the country for travel cash back and rewards.

It offers 5 points per $1 spent on eligible food purchases; 3 points per $1 spent on streaming services; 2 points per $1 spent on gas and transit, and 1 point per dollar spent on everything else.

You can redeem your points for various rewards, including travel, merchandise credit card statement balances, purchases on Amazon.ca, and more.

This premium card offers 9 types of insurance and Front Of The Line access to various VIP experiences.

This AMEX Cobalt review covers what you need to know about it.

7. SimplyCash Card from Amex

• Gas rewards: 1.25% unlimited cash back

With this card, you can earn 2% cash back on gas at eligible stations in Canada, and you can use it anywhere that Amex is accepted.

You can also get 2% cash back on groceries up to $300 annually and 1.25% on all other spending with no limit.

You may even get travel coverage if you use your card to book a trip, and there are several benefits you can enjoy with American Express Experiences.

It is a no-fee card, and there is also no annual fee for additional cards. The APR is 20.99% for purchases and 21.99% for cash advances.

8. MBNA Rewards Platinum Plus Mastercard

• Gas rewards: 2 points per $1

The MBNA Rewards Platinum Plus Mastercard is a top credit card for gas purchases and travel rewards.

It offers 2 points for every dollar spent on eligible gas, grocery, and restaurant purchases. Note that there is a $5,000 annual cap for each of these categories.

All other spending earns at a 1% rate, and you can redeem your points as a statement credit or use it for travel, gift cards, and merchandise.

This card also offers purchase protection and extended warranty coverage.

9. Triangle Mastercard

• Gas rewards: 5-7 cents per litre at Gas+ stations

The Triangle Mastercard does not have an annual fee. You can use this card to earn Canadian Tire (CT) Money, where $1 in CT Money equals $1.

You can get $0.05 per litre back at Gas+ and Essence+ locations in CT Money. You can also earn 4% when you spend at Canadian Tire and partner stores like Sport Chek and Party City, 1.5% back on groceries and 0.5% on everything else.

The APR is 19.99% for purchases and 22.99% for cash advances, and there is no annual income requirement.

10. PC Financial Mastercard

• Gas rewards: 30 points/litre of gas at Esso/Mobil stations

The PC Mastercard has no annual fee and lets you earn PC Optimum points, which you can redeem at over 4,500 locations. It is a popular rewards program that makes earning and redeeming points easy.

You can make savings at both Esso and Mobil stations, where you can earn 30 points per litre or more.

There are also lots of other ways to earn points. For example, you can earn 10 points for every $1 you spend on groceries at Loblaws and partner stores.

It has a minimum personal income requirement of $80,000 or a minimum household income of $150,000. The APR is 20.97% on purchases and 22.97% on cash advances.

11. BMO CashBack World Elite Mastercard

• Gas rewards: 3% cash back on gas ($300 maximum monthly spending)

With the BMO CashBack World Elite Mastercard, you get 3% cash back on your gas purchases and vehicle charging.

In addition, you can earn 5% cash back on grocery purchases, 4% on transit, 2% on recurring bills and 1% on everything else.

You can redeem your cash back anytime if you have earned $1 or more. It also comes with additional benefits like roadside assistance and travel insurance coverage.

This card requires a minimum personal income of $80,000 or a minimum household income of $150,000. The annual fee is $120, and the APR is 20.99% for purchases and 23.99% for cash advances.

Best Credit Cards for Gas in Canada Summary

Credit Cards	Annual Fee	Income Requirement	Gas Rewards
Tangerine Money-Back Credit Card	$0	$12,000	Up to 2% cash back
Triangle World Elite Mastercard	$0	$80,000	5-7 cents per litre at Gas+ stations
Scotia Momentum Visa Infinite Card	$120	$60,000	2% cash back
Neo Credit	$0; $4.99 monthly subscription for Premium plan	N/A	Average 5% cash back at 12,000 locations
Scotiabank Gold American Express Card	$120	$12,000	3 points per $1 spent
American Express Cobalt Card	$155.88	N/A	2 points per $1 spent
SimplyCash Card from Amex	$0	N/A	2% cash back
MBNA Rewards Platinum Plus Mastercard	$0	N/A	2 points per $1 spent
Triangle Mastercard	$0	N/A	$0.05 per litre back at Gas+ and Essence+ locations
PC Financial Mastercard	$0	$80,000	30 PC Optimum points per litre at Esso and Mobil stations
BMO Cash Back World Elite Mastercard	$120	$80,000	3% cash back

What Is a Gas Credit Card?

If you spend a lot of money on gas, it’s understandable that you want to save as much as possible. You might have a daily commute or drive long distances regularly, and there is not much you can do about gas prices.

But choosing the right credit card can make a big difference.

Gas credit cards are like normal credit cards, and you use them for daily spending. However, they provide additional benefits when you make gas purchases.

This can come in the form of cash back or rewards points that you can use for discounts and other benefits.

Some credit cards are also directly associated with gas companies, so you can only get points or cash back at their pumps.

Benefits and Downsides of Gas Credit Cards

There are several pros and cons to consider when it comes to using a gas credit card in Canada:

Pros:

• Save money on your gas purchases, either through cash back or rewards points.

• Enjoy other benefits like cash back or rewards points for your purchases in other categories at the same time.

• You may find good sign-up bonuses like a higher cash back rate or additional points.

Cons:

• You may find better rewards with another type of credit card. General credit cards may have better cash back rates even if they are not considered gas credit cards.

• Some cards may have earning caps, limiting how much cash back or rewards you can earn.

• Gas cards may limit how you use your rewards. You might want to use rewards on other things instead of gas, in which case a general rewards program may be more suitable.

How to Choose a Gas Credit Card

When choosing a gas credit card in Canada, there are several factors to consider to make the best choice.

First, find out about the rewards. Do you want cash back or rewards points? Compare the different amounts offered by different cards. For example, while some may have better cash back rates on gas, look at other rewards too.

Find out about the rewards caps on cash back. For example, some cards may offer a higher cash back rate but have a lower annual limit on the amount you can earn.

Check the annual fee. Some may be free to use, while some may have a high fee. Work out how much you can expect to save by making gas purchases taking the fee into account.

Do you only get rewards for paying at the pump? Most offer points for all gas station purchases, so you should know which option your card provides.

Don’t forget to look at the other features, including the other rewards you can earn, APR on purchases and cash advances, and any other perks like no foreign exchange fees and insurance coverage.

How to Apply for a Gas Credit Card

Applying for a gas credit card is a straightforward process in most cases. Once you have gone over the cards’ details and made your choice, you can usually apply via the credit card website.

There may also be an option to apply over the phone or even in person at your local branch.

Before you start the application process, check the requirements. There will usually be age and residency requirements, but the most important is the minimum annual individual or family income requirements.

Most gas credit cards will require you to have a good credit score to be accepted. If you do not have a good score, be careful about applying. Instead, you may want to apply for a secured credit card first and build your credit score.

Once you have applied, you may find that your application is accepted or declined almost immediately. If it is accepted, the provider will then send you the card, and you can activate it and start using it.

Frequently Asked Questions