Best Canadian credit cards for Amazon purchases 2024
While Amazon’s position as one of Canada’s top online retailers is indisputable, what may not be as obvious is that the right credit card can get you the most bang for your buck. There are a number of great credit cards for online shopping that will help you save on every splurge, but if you’re a frequent Amazon shopper, there are some cards that are simply better than the rest. To help you supercharge your next spending spree, we’ve put together a roundup of some of our favourite credit cards for Amazon purchases.
The best credit cards for Amazon.ca purchases compared
| Card Name | Amazon Perk | Get Started |
|---|---|---|
| American Express Cobalt® Card |
â—¦ $155.88 ($12.99 monthly fee) annual fee
◦ Use Membership Rewards® points to shop on Amazon.ca |
Apply Now |
| HSBC Cash Rewards Mastercard® |
â—¦ $0 annual fee
â—¦ 1.5% cash back on all online purchases* |
Apply Now |
| SimplyCash® Card from American Express |
â—¦ No annual fee
â—¦ Base Rewards of 1.25% cash back on all purchases with no limit to the amount of cash back you can earn |
Apply Now |
| TD First Class Travel® Visa Infinite* Card |
â—¦ $139 annual fee
â—¦ Instantly redeem any number of points to pay for Amazon.ca purchases with Amazon Shop with Points. Conditions apply. See more details here. |
Apply Now |
| American Express® Green Card |
â—¦ $0 annual fee
◦ Redeem Membership Rewards® points for purchases on Amazon.ca |
Apply Now |
| Amazon.ca Rewards Mastercard |
â—¦ No annual fee
â—¦ 5% in points back at Amazon.ca for 6 months; standard earn rate of 1.5% back (2.5% for Prime members) after that. Points go toward Amazon gift cards. |
Apply Now |
American Express Cobalt® Card
5x the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
3x the points on eligible streaming subscriptions in Canada
2x the points on eligible ride shares, transit & gas in Canada
1x additional point on eligible hotel and car rental bookings via American Express Travel Online
1x point for every $1 in Card purchases everywhere else
$100 USD up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel
$155.88 Annual Fee 12.99/mo
21.99% Purchase APR on purchases
21.99% Cash Advance APR
2.50% Foreign Transaction Fee
Fair Recommended Credit Score
$0 Required Annual Personal Income
$0 Required Annual Household Income
The American Express Cobalt® Card has a generous welcome bonus and includes a special perk for those who shop at Amazon.ca. In your first year as a new Cobalt® Cardmember, you can earn 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 in purchases on your Card. This could add up to 15,000 points in a year. That’s up to $150 towards a weekend getaway or concert tickets. Conditions apply. As part of the Membership Rewards® program, you can redeem your points instantly at checkout on Amazon.ca through the Shop with Points program.
The card also features an incredibly generous earn rate of 5 points for every $1 spent at eligible grocery stores, restaurants, bars, cafes, and on food delivery services in Canada. You’ll also earn 3 points per $1 spent on eligible streaming services and 2 points for every $1 you spend on travel and transit. You get 1 point for every $1 on all other purchases. The annual interest rate is 21.99% on purchases and 21.99% on cash advances.
Key Features
- Welcome bonus: Earn up to 15,000 Membership Rewards® points in the first year (conditions apply)
- Earn rate: 5 points for every $1 spent on eats and drinks in Canada, including groceries and food delivery, 3 points per $1 spent on eligible streaming subscriptions in Canada, 2 points for every $1 spent on eligible ride shares, transit & gas in Canada, 1 point for every $1 on all other purchases, and 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
- Additional perks: Enjoy access to hotel bookings, a room upgrade (when available), 12pm check-in and late check-out (when available), and up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel; exclusive entertainment offerings; transfer points to Aeroplan and Avios at a 1:1 ratio
- Annual fee: $155.88 ($12.99 monthly fee)
SimplyCash® Card from American Express
2% Earn 2% cash back on eligible gas purchases in Canada, 2% cash back on eligible grocery purchases in Canada (up to $300 cash back annually)
1.25% Earn 1.25% cash back on all other eligible purchases—the only stuff that won’t get cash back are non-purchases, like cash advances, balance transfers, etc.
$0 Annual Fee
20.99% Purchase APR
21.99% Cash Advance APR
2.50% Foreign Transaction Fee Foreign Transaction
Good Recommended Credit Score
$0 Required Annual Personal Income
Welcome Offer
Earn up to $100 in Statement Credits in your first 10 months as a new cardmember
Learn moreThe SimplyCash® Card from American Express has neither an Amazon-specific perk to drool over nor enhanced cash back earn rates for certain spending categories; but that’s precisely what makes it so appealing. The card earns 2% cash back on eligible gas purchases in Canada, 2% cash back on eligible grocery purchases in Canada (up to $300 cash back annually), and 1.25% cash back on all other eligible purchases with no limits to the amount of total cash back you can earn. So although it technically earns less cash back on Amazon spending than, say, MBNA’s Amazon.ca Rewards Mastercard, it will probably earn more cash back for you on all your combined spending overall at the base rate, and will likely be a more lucrative card for the majority of people. Plus there’s no annual fee.
Key Features
- Welcome offer: In your first 10 months as a new SimplyCash® Card from American Express Cardmember, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card. This could add up to $100 in statement credits in the first 10 months. Conditions apply.
- Cash back: Earn 2% cash back on eligible gas purchases in Canada, 2% cash back on eligible grocery purchases in Canada (up to $300 cash back annually), and 1.25% cash back on all other eligible purchases
- Additional features: Bonus cash back for card referrals; travel accident insurance; Buyer’s Assurance and Purchase Protection
- Annual fee: $0
HSBC Cash Rewards Mastercard®
1.5% Earn 1.5% cash back for every $1 spent on online purchases.
1% Earn 1% cash back for every $1 spent on gas, grocery, and drug store purchases.
0.5% Earn 0.5% cash back for every $1 on all other purchases.
$0 Annual Fee Additional card is $0.
20.99% Purchase APR
22.99% Cash Advance APR 21.99% for Quebec residents
22.99% Balance Transfer Rate
Fair Recommended Credit Score
$0 Required Annual Personal Income
$0 Required Annual Household Income
The HSBC Cash Rewards Mastercard® is unusual among Canadian credit cards, in that it specifically rewards cardholders for making online purchases via sites like Amazon.ca. Cardholders get 1.5% cash back on up to $6,000 of online spending each year*. Grocery, gas, and drug store spending earns 1% back*, and all other eligible purchases earn 0.5% back*.
You can get an extra 12.5% cash back on up to $1,000 in purchases made during your first 180 days with the card. Conditions apply. Quebecers are eligible for a different welcome offer in which they earn a flat $125 in cash back*, provided they simply keep the account open for 180 days. The HSBC Cash Rewards Mastercard® is also noteworthy because it comes with $1,000 worth of insurance if a mobile device you purchased with the card is lost, stolen, accidentally damaged, or has a mechanical failure. That’s a rare and high-value benefit for a card without an annual fee.
Key Features:
- Annual fee: $0
- Welcome offer: Earn an additional 12.5% cash back* on all purchases for the first 180 days (up to $1,000 in total purchases). Must apply by May 31, 2023. Conditions apply.
- Regular cash back: 1.5% back on online purchases*; 1% back on gas, groceries, and drug store purchases*; 0.5% back on all other purchases*
- Additional perks: Mobile device insurance; extended warranty insurance; purchase assurance
*Terms and conditions apply.
®/TM Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to license.
TD First Class Travel® Visa Infinite* Card
8 Points Earn 8 TD Rewards Points for every $1 you spend through ExpediaForTDâ€
6 Points Earn 6 TD Rewards Points for every $1 you spend on groceries and restaurants.â€
4 Points Earn 4 TD Rewards Points for every $1 you spend on recurring bill payments.â€
2 Points Earn 2 TD Rewards points for every $1 you spend using your card.â€
10% Bonus Points Each year, received a birthday bonus equal to 10% of the total number of points earned over the 12 preceding months.â€
$100 Get an annual TD Travel Credit when you book at Expedia For TDâ€
USD The annual fee is in USD
$139 Annual Fee Annual fee is in USD. First additional cardholder is $50, subsequent cardholders are $0.
20.99% Purchase APR APR for purchases 20.99%â€
22.99% Cash Advance APR APR for cash advances 22.99%â€
22.99% Balance Transfer Rate APR for balance transfers 22.99%â€
Good Recommended Credit Score
$60,000 Required Annual Personal Income
$100,000 Required Annual Household Income
Welcome Offer Ends Jun 3, 2024
Earn up to $800 in value†, including up to 100,000 TD Rewards Points†and no Annual Fee for the first year†. Conditions Apply. Account must be approved by June 3, 2024.
Learn moreThe TD First Class Travel® Visa Infinite* also makes bargain hunting on Amazon a breeze because it participates in the Amazon.ca Shop with Points program as well. With this program, you can instantly redeem your TD Points on eligible purchases on Amazon.ca with Amazon Shop with Points. Conditions apply. See more details here. There’s a great welcome bonus.
Earn up to $800 in value†, including up to 100,000 TD Rewards Points†and no Annual Fee for the first year†. Conditions Apply. Account must be approved by June 3, 2024.
- Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card†.
- Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card†.
- Earn a Birthday Bonus of up to 10,000 TD Rewards Points†.
- Get an annual TD Travel Credit†of $100 when you book at Expedia® For TD.
- Get an Annual Fee Rebate for the first year†.
To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening.
To receive the first Additional Cardholder first-year annual fee rebate, you must add your first Additional Cardholder by June 4, 2024.
Travel lovers will appreciate the wow-worthy earnings when you book travel through Expedia® For TD†: Earn 8 TD Rewards Points†for every $1 you spend when you book travel through Expedia® For TD†(4% return rate).
Additionally, earn 6 TD Rewards Points†for every $1 you spend on groceries and restaurants†, earn 4 TD Rewards Points†for every $1 you spend on regularly recurring bill payments set up on your Account†, and earn 2 TD Rewards Points For every $1 you spend on other Purchases made using your Card†. The annual interest rate is 20.99% on purchases and 22.99% on cash advances.
Key features
- Welcome bonus: Earn up to $800 in value†, including up to 100,000 TD Rewards Points†and no Annual Fee for the first year†. Conditions Apply.
- Earn rate: Earn 8 TD Rewards Points†for every $1 you spend when you book travel through Expedia® For TD†; earn 6 TD Rewards Points†for every $1 you spend on Groceries and Restaurants†; earn 4 TD Rewards Points†for every $1 you spend on regularly recurring bill payments set up on your Account†; and earn 2 TD Rewards Points For every $1 you spend on other Purchases made using your Cardâ€
- Additional perks: Good suite of insurance including Travel Medical Insurance†, rental car discountsâ€
- Annual fee: $139 (annual fee rebated)â€
This offer is not available for residents of Quebec. For Quebec residents, please click here.
†Terms and conditions apply.
American Express® Green Card
1 MR point Earn 1 Membership Rewards point per $1 spent.
1 bonus point Earn 1 additional MR point for every dollar charged to your card with Amex Travel Online.
$0 Annual Fee No annual fee
20.99% Purchase APR
21.99% Cash Advance APR
Good Recommended Credit Score
This no-fee American Express® Green Card lets you redeem your Membership Rewards® points to make eligible purchases on Amazon.ca. As a new American Express® Green Cardmember, you can earn a welcome bonus of 10,000 Membership Rewards® points when you charge $1,000 in purchases to your card in the first three months of cardmembership. That’s $100 towards groceries or concert tickets. Conditions apply. The standard earn rate is a basic 1 Membership Rewards® point per $1 that you spend on all purchases. This card is ideal if you’re a student or you have a limited credit history (or none at all).
Key features
- Welcome bonus: 10,000 Membership Rewards® points when you charge $1,000 in purchases to your Card in the first 3 months of Cardmembership (conditions apply)
- Earn rate: 1 Membership Rewards® point per $1 on all purchases
- Additional perks: Transfer points to other popular travel rewards programs, like Aeroplan and Avios, at a 1:1 ratio
- Annual fee: $0
Amazon.ca Rewards Mastercard
2.5% cash back (unlimited) at Amazon.ca, Whole Foods and no foreign currency fees for Prime members
1.5% cash back (unlimited) for non-prime members at Amazon.ca and Whole Foods
10% rental car discounts at Avis and Budget Rent A Car locations in North America
$0 Annual Fee
19.99% Purchase APR
22.99% Cash Advance APR
Fair Recommended Credit Score
$0 Required Annual Personal Income
$0 Required Annual Household Income
If you spend a lot of money shopping on Amazon, this Amazon-affiliated Mastercard will rev up your rewards like no other. The current welcome offer gets you 5% back at Amazon.ca, Whole Foods Market stores, grocery stores, and restaurants for your first six months (capped at $3,000 in spending, which is a $150 value). The standard earn rate is 1.5% points back (2.5% for Prime members) on eligible Amazon.ca and Whole Foods Market store purchases. For every 2,000 points you earn, a $20 Amazon.ca Gift Card will be added directly to your Amazon account. Cardholders get 1% back on all other purchases. The annual interest rate is 19.99% on purchases and 22.99% on cash advances.
Key features
- Welcome bonus: 5% back at Amazon.ca, Whole Foods Market stores, grocery stores and restaurants for six months.
- Earn rate: 5% points back (2.5% for Prime members) on eligible Amazon.ca and Whole Foods Market store purchases. Get 1% back on all other purchases.
- Additional perks: Get 1% back (2.5% for Prime members) on eligible foreign currency transactions, purchase protection and extended warranty, discount on select rental cards.
- Annual fee: $0
How do these credit cards help you save on Amazon.ca?
There are four ways you can use credit cards to save money on Amazon.ca, each of which is suited to a different lifestyle.
- 1.
High Amazon.ca cash back rate. Some credit cards offer a high cash back rate specifically for Amazon.ca, or for online purchases in general. This type of card is a good fit if Amazon.ca/general online spending takes up a large chunk of your total expenses; it’s less suitable if your biggest expenses lie elsewhere.
- 2.
High base cash back rate. Other credit cards offer a solid cash back rate on all purchases; this is ideal if you prefer a simple, one-size-fits-all solution rather than taking out multiple credit cards to be used at different merchants.
- 3.
Shop with points. Some Amex and TD credit cards allow cardholders to redeem their rewards points directly on Amazon.ca via Shop with Points. This works well for those who might split the points they earn between an Amazon redemption and a redemption for, say, travel. Keep in mind that Amex Membership Rewards and TD Rewards have different values when redeemed via Shop with Points—each Amex point redeemed this way is worth $0.007; each TD point is worth a comparatively low $0.0033.
- 4.
Amazon gift cards. Some credit cards allow you to redeem rewards points for Amazon gift cards, but the value you’ll get for each point may be low. Before redeeming points for an Amazon.ca gift card check to make sure you’re getting a decent deal by dividing the gift card’s dollar value by the number of points required to redeem. If the value per point is less than $0.005 consider saving your points for another, more valuable redemption path.
Final word
Shopping for your day to day needs on Amazon Canada is super convenient and hard to avoid at times when you immediately need something; it’s good to know there are ways to boost your buying power on Amazon.ca with credit card rewards. In a sea of credit card choices, a bit of research can help ensure you find the best Amazon shopping companion so you get the most out of the experience.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.
Sandra MacGregor has been writing about finance and travel for nearly a decade. Her work has appeared in a variety of publications like the New York Times, the UK Telegraph, the Washington Post, Forbes.com and the Toronto Star.
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