Best store credit card for 2020 award seal

Credit cards that you use when shopping in particular stores aren’t all built alike. In many cases the rewards you earn aren’t very flexible (or even that valuable), and the other perks provided by the credit card don’t make up for this.

On the other hand, there are some store credit cards that do make a lot of sense, letting you earn points and cash back that you can use at the retail locations where you shop the most. AIR MILES is one example of this, as are Canadian Tire Money and Walmart Rewards.

Best store credit cards for 2020

Here are some of the best store credit cards we think you should take a closer look at:

Category Credit Card Current Welcome Bonus Offer
Best AIR MILES store credit card BMO® AIR MILES®† World Elite®* Mastercard®* 2,000 miles, first year free (terms)
Best store credit card for rewards Scotiabank GM Visa Infinite First year free (terms)
Best date night store credit card Scotiabank SCENE Visa Card 2,500 points (terms)

Review all top 10 store credit cards here.

Best AIR MILES credit card

The best AIR MILES branded credit card is the .

With an amazing welcome bonus of 2,000 AIR MILES, and an earn rate of 1 mile per $10 spent, you'll earn lots of AIR MILES on all your purchases.

Looking for a no fee version? Consider the .

You'll get a bonus of 950 AIR MILES and still earn up to 1 mile per $10 spent.

Best store credit card for General Motors Canada rewards

If you're on the market for a new GM vehicle, you absolutely need to consider the to add to your wallet.


Because you'll get:

  • 5% in GM Earnings on the first $10,000 spent annually, and
  • 2% in GM Earnings on everything else after that.

Earn rates as high as 5% are completely unheard of in the Canadian credit card market for cash back or store credit cards.

And with 1 dollar in GM Earnings being worth $1 off the purchase or lease of your new GM vehicle, you'll be seeing yourself behind the wheel sooner than you thought. All for an annual fee of $79.

A good strategy for this card would be to use it for your first $10,000 spent annually to take advantage of the high earn rate, then switch to a different high-earn rate card for the rest of the year. That way, you'll really be maximizing your returns.

Don't qualify for the $60,000 personal or $100,000 household income?

Then there's the as an excellent alternative that comes with no annual fee.

Best Scene rewards credit card

If you're looking for ways to cut costs on your weekly date night with your significant other, or if you simply love being in front of the big screen, the could be just the card for you.

You'll earn:

  • 5 SCENE points for every $1 you spend at Cineplex theatres and, and
  • 1 SCENE point everywhere else.

And, for a limited time, you can enjoy 2,500 SCENE points as a sign-up bonus when you spend $500 in the first 3 months. That's enough for 2 movie tickets.

Compare Store Credit Cards

How we get our rankings

How do we decide what the best store credit cards are? We take into account over 126 features of each card, broken down into 7 main categories:

Store page genius rating scoring

We then take those features and put them through our algorithm, which calculates a score out of 5. And since we're talking about store credit cards, we give extra weight to the rewards category, as it's the primary feature we're after for cards on this page.

Learn more about our Genius Rating methodology.

Best store credit cards FAQ

Which store credit card is best for General Motors rewards?

Dollar for dollar, it’s hard to beat the Scotiabank GM Visa Infinite. Not only are you getting all of the benefits of a Visa Infinite card, you’ll also earn 5% back in GM Earnings rewards on your first $10,000 in annual spend. This is only really useful if you’re in the market for a General Motors vehicle, but if you are, you should definitely give this card a look.

I’m an AIR MILES collector. Which store credit card is the best for me?

Right now our favourite AIR MILES credit card is the BMO AIR MILES World Elite Mastercard. This credit card gives you an unprecedented earn rate of 1 mile for every $10 you spend on the card. It does have typically high income requirements like all World Elite Mastercards, but if you can qualify, it’s the best way to seriously boost your AIR MILES earn rate.

Is a store credit card ever better than a credit card with a more flexible rewards program?

The answer for this question is always going to be, "it depends." Your spending and shopping habits are absolutely unique to you, and you’re the only one who can really say what is or isn’t valuable in any given credit card. We do, however, have a tool that may help you figure out which credit cards are best for you. Head over to our creditcardGenius Challenge, take a quick quiz, and see what our unbiased math-based algorithm comes up with for you.

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