Kluvenzo is an independent credit card comparison platform. We may earn a commission when you click through.
Best Rewards Credit Cards for Canadian Shoppers in July
Top picks tailored for frequent grocery and dining spenders
Quick Picks
Best for groceries and dining: American Express Cobalt Card.
Best for travel perks: Scotiabank Gold American Express Card.
Top Picks for Dining and Groceries
For those who spend significantly on dining and groceries, the right rewards card can turn everyday purchases into valuable points. Here are two cards that cater specifically to these spending categories.
American Express Cobalt Card
The American Express Cobalt Card is an excellent choice for Canadians who spend heavily on dining and groceries. With 5x Membership Rewards on these categories, it offers unmatched point accumulation. However, the monthly fee of $15.99 might be a consideration for some, translating to $191.88 annually. Despite the fee, the rewards potential makes it a worthwhile option, especially since it includes 3x points on streaming services.
Scotiabank Gold American Express Card
The Scotiabank Gold American Express Card shines for those who travel frequently. It offers 6x Scene+ points on groceries, dining, and entertainment, plus no foreign transaction fees. The $120 annual fee can be waived with the Ultimate Package chequing account, making it a smart pick for international travelers. However, potential applicants should be aware of Amex's acceptance gaps in Canada.
If you find yourself often traveling internationally, the next pick might offer the additional benefits you need.
Travel Rewards for Frequent Flyers
For those who prioritize travel-related perks, the right card can significantly enhance your travel experience, turning every purchase into a step closer to your next trip.
CIBC Aventura Visa Infinite Card
The CIBC Aventura Visa Infinite card is tailored for those who travel often and value comprehensive travel insurance and lounge access. While details on specific rewards weren't provided, its status as a Visa Infinite card suggests strong travel benefits, which typically include access to exclusive lounges and emergency travel assistance.
While each card offers distinct advantages, it's crucial to consider personal spending habits and travel frequency. Ensure that the rewards align with your lifestyle to maximize value. Choosing the right credit card is more than just about points; it's about enhancing your financial strategy.