Best Credit Cards for Gas in Canada for 2019

Unless you drive an electric car or don't own a personal vehicle, gas is a big necessity to keep your life going. Whether by commuting to and from work, running errands, or going on a road trip, gas is going to be a constant part of your budget for the foreseeable future.

So why not earn some extra rewards for these purchases?

Our list will help you get the most for your gas purchases. This way you know you won't be leaving any rewards on the table for your spending.

Best credit card for gas

The best credit card for gas is the .

Why? Earn a straightforward 4% back on your gas purchases, the highest cash back earn rate for this spending category. That's a lot of cash back rewards to be earned.

And, as part of signing up, you'll get 10% cash back on all purchases made in the first 3 months, on up to $2,000 in spend.

Plus, keep the cash back rewards rolling in with these other earn rates:

  • 4% on groceries,
  • 2% on drugstores and bill payments, and
  • 1% on all other purchases.

Just note that the gas and grocery categories have a limit of $25,000 of 4% earnings per year each. Once you reach the limit, you earn 1%.

All this can be yours for an annual fee of $99, and income requirements of either $60,000 personal or $100,000 household.

Best travel card for gas

If travel rewards are more your thing, then the is the card for you.

You'll earn 2 Membership Rewards for every dollar you spend on this particular category. And while that might not seem like much, transferring them to Aeroplan at a 1:1 ratio is a great way to supercharge your rewards.

We value an Aeroplan mile at up to 2.5 cents. If you can get that point value for your redemptions (by redeeming for travel), you're looking at a return of 5% for your gas spend.

And the earnings don't just stop at gas. You'll get a welcome bonus of 25,000 points when you spend $1,500 in the first 3 months.

Then, keep earning even more points with these earn rates:

  • 2 points on groceries, drugstore and travel purchases, and
  • 1 point on everything else.

Like all American Express credit cards, there are no minimum income requirements, so your income won't hold you back from getting approved for this card.

Best gas card that includes free roadside assistance

Let's face it, vehicles are mechanical contraptions that can break down. It could be something as simple as leaving a light on and not being able to start your car because the battery is dead.

Enter roadside assistance. Get help with battery boosts, towing, tire repairs and more to help get you on your way.

The is one card that offers this to its cardholders for free.

Not to mention you'll also earn 3% cash back on your gas purchases as well. When you combine the gas earnings and free roadside assistance, there's no question that it's a top card for anyone who does a lot of driving.

The great earn rates don't end there:

  • 3% on recurring bills and groceries, and
  • 1% on everything else.

Plus, earn 6% cash back on all purchases made in the first 3 months, up to $3,500 in spend.

Great earnings and free roadside assistance? A win-win combination.

And all for an annual fee of $120 for the primary cardholder ($50 for authorized users) and income requirements of either $60,000 personal or $100,000 household.

Best no annual fee credit card for gas

If you prefer credit cards with no annual fee, then the is our card of choice.

Earn 2 points per dollar spent on gas purchases, up to $5,000 spent per year. And while that may not seem like super-high earn rates, we calculate that the average Canadian spends roughly $417 per month on gas. With each point being worth 1 cent when redeemed for flexible travel rewards, that's still a 2% return per dollar spent on gas.

Another reason we had to include this card on our list is because of its rental car protection. In addition to basic rental car insurance, this card also offers rare rental car accident and personal effects insurance. If you frequently rent cars, this is a great card to consider.

Plus, it has great earn rates aside from gas:

  • 2 points per dollar spent on restaurants and groceries (up to $5,000 per year for each category), and
  • 1 point per dollar spent everywhere else.

And as part of signing up, get a welcome bonus of 5,000 points – 2,500 after your first purchase, and another 2,500 when you sign up for online statements.

A welcome bonus, great earn rates and insurance all for no annual fee? The complete package is here.

Best credit cards for gas in Canada

Here's a recap with the 5 best credit cards for earning gas in Canada. We included a stand-out feature of each card and the average return on spending you can expect to receive on your gas spending.

Credit CardGas Earn RateNotable FeatureApply for Card
Scotiabank Momentum Visa Infinite4%Best Cash Back Card in CanadaApply Now
American Express Gold Rewards CardUp to 5%Best Aeroplan Card in CanadaApply Now
TD Cash Back Visa Infinite3%Comes with complimentary roadside assistanceApply Now
MBNA Rewards Platinum Plus2%Best no fee travel card in CanadaApply Now
Tangerine Money-Back Mastercard2%Choose your own 2% categories from list of 10Apply Now

The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining of all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.

Featured In

The Globe and Mail
thestar.com
Huddle.today
Morningstar