The Best Gas Credit Cards in Canada 2024
With soaring inflation and increasing prices of everything around us (including oil prices), many have felt the most significant impact while at the pump. Thankfully, plenty of gas credit cards in Canada can automatically provide savings.
Below you’ll find the credit cards that give you cash back or reward points for gas purchases in Canada.
Top Canadian credit cards for gas
| Card Name | Gas Rewards | Get started |
|---|---|---|
| CIBC Dividend® Visa Infinite* Card |
Best for cash back on gas
◦ $120 annual fee (first year free) ◦ 4% cash back on eligible gas, EV charging, and groceries ◦ Save up to 10 cents per litre at Pioneer, Fas Gas, Ultramar and Chevron |
Apply now |
| BMO AIR MILES®† Mastercard®* |
Best for Air Miles at Shell
◦ $0 annual fee ◦ 3 Miles for every $25 spent ◦ Double up your Shell Go+ Miles on eligible fuel and in-store purchases. That’s 4x the Miles |
Apply now |
| PC® World Elite Mastercard® |
Best for cash back on gas at Mobil and Esso locations
◦ No annual fee ◦ Up to 30 points per litre (3¢ / litre in points) at Esso™ and Mobil™ stations3 in Canada. |
Apply now |
|
RBC Avion Visa Infinite
|
Best for cash back at Petro-Canada
◦ $120 ◦ Earn 1 Avion point for every $1 you spend ◦ Save 3¢/L on fuel4 and always earn 20% more Petro-Points and 20% more Avion points |
Apply now |
| TD Cash Back Visa Infinite* Card |
Best for roadside assistance
◦ $139 (First Year Fee Rebate)† ◦ 3% cash back† on gas, groceries, and recurring bill payments ◦ Free Deluxe TD Auto Club Membership 24/7, rental car insurance, save at Avis and Budget Rent a Car. |
Apply now |
| MBNA Smart Cash Platinum Plus |
Best for multiple users
◦ No annual fee ◦ 2% cash back on gas ◦ Up to 9 additional users free |
Apply now |
| American Express® Gold Rewards |
Best for travel rewards
◦ $250 annual fee ◦ 2 points for every $1 at all eligible gas stations ◦ $100 annual travel credit ◦ (4) airport lounge passes ◦ $50 NEXUS application fee rebate ◦ $85,000 MSRP rental car insurance |
Apply now |
| Tangerine Money-Back Credit Card |
Best for cash back with no annual fee
◦ No annual fee ◦ 2% cash back 3 selected categories, including gas ◦ No minimum income requirement |
Apply now |
†Terms and conditions apply.
Best cash back on gas credit card
CIBC Dividend Visa Infinite
4% Earn 4% cash back on gas, EV charging, and groceries.
2% Earn 2% cash back on dining, transportation, recurring payments or bills.
1% Earn 1% cash back on all other purchases with no limit.
10 cents Save 10 cents per litre with CIBC and Journie Rewards (Ultramar, Chevron, Pioneer, Fas Gas)
$120 Annual Fee First year rebated. Each additional card is $30 per year, max 3.
20.99% Purchase APR non-Quebec residents†
22.99% Cash Advance APR non-Quebec residents†
22.99% Balance Transfer Rate non-Quebec residents†
Good Recommended Credit Score
$60,000 Required Annual Personal Income
$100,000 Required Annual Household Income
Welcome Offer
Get a first-year annual fee rebate and earn 10% cash back welcome bonus of up to $250!†
Learn moreThe CIBC Dividend® Visa Infinite* Card delivers the highest regular cash back rate on gas available in Canada at 4%†. That means if you spend $60 on gas, you’re getting $2.40 back. Most other cards only offer 2% or 1.5% on gas. This deal is even sweeter for new cardholders with the Welcome Offer: Get a first-year annual fee rebate and earn 15% cash back welcome bonus of up to 300!† So, while the welcome period applies (first 4 statements), that same $60 spent on gas will give you $9 back instead of $2.40.
You can also save up to 10 cents per litre† automatically on gas if you link your CIBC Dividend® Visa Infinite* Card with Journie Rewards at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.†
If you don’t meet the CIBC Dividend Visa Infinite Card’s income requirements, check out the CIBC Dividend Platinum® Visa* Card instead. It gives a strong 3% cash back rate on gas† and the income requirement is a mere $15,000 per year.†
Key features
- Welcome Offer: Get a first-year annual fee rebate and earn 15% cash back welcome bonus of up to $300 (first 4 statements)!†
- Regular Cash Back: After that, 4% cash back on eligible gas, EV charging, and grocery purchases†; 2% cash back on eligible transportation, dining purchases and recurring payments†; 1% cash back on all other purchases†; Get cash back on demand – redeem your cash back at any time when you have a minimum of $25 through CIBC Online and Mobile Banking®†
- Additional Perk: No limit on annual cash back
This is a digital-exclusive offer.† To be eligible for this offer, you must apply for a new eligible card using the “Apply Now” link available on this webpage.†
†Conditions apply
Quebec Residents – Learn More about this CIBC product here
Résidents du Québec : Pour en savoir plus sur ce produit CIBC, suivez ce lien
Best Shell rewards gas card in Canada
BMO Air Miles Mastercard
3 miles Get 3 Miles for every $25 spent with AIR MILES Partners.
2 miles Get 2x the Miles for every $25 at grocery stores and supermarkets.
4 miles Double up your Shell Go+ Miles on eligible fuel and in-store purchases.
$0 Annual Fee
20.99% Purchase APR
22.99% Cash Advance APR 21.99% for Quebec residents
22.99% Balance Transfer Rate 0.99% introductory interest rate for 9 months (fee applies)*
2.00% Balance Transfer Fee
Good Recommended Credit Score
$15,000 Required Annual Personal Income
Welcome Offer
Get 800 AIR MILES Bonus Miles!* That’s enough for $80 towards purchases with AIR MILES Cash*
Learn moreThe BMO AIR MILES®† Mastercard®* is a rewarding option for those who frequently purchase gas, especially at Shell stations, and are interested in earning AIR MILES. Here's a summary of its key features:
- 1.
AIR MILES Rewards: This card is an efficient way to accumulate AIR MILES on everyday purchases. You can earn 3 AIR MILES for every $25 spent at participating AIR MILES Partners, and 2 AIR MILES for every $25 spent at eligible grocery stores. This accumulation rate is beneficial for regular shoppers who frequent AIR MILES partners and grocery stores.
- 2.
Bonus at Shell Stations: An attractive feature of this card is the ability to double up your Shell Go+ Miles on eligible fuel and in-store purchases. This effectively means you can earn 4x the AIR MILES at Shell, which is a significant perk for those who prefer Shell for their gas purchases. This partnership between BMO and Shell enhances the card's value for frequent drivers and Shell customers.
- 3.
Welcome Offer and Other Benefits: The card has a welcome offer of 800 AIR MILES Bonus Miles (equivalent to $80 towards purchases with AIR MILES Cash) and an introductory interest rate on balance transfers. Additionally, there's no annual fee for this card, making it an affordable option for earning rewards. It also includes other benefits like extended warranty and purchase protection, discounts on car rentals, and more.
Overall, the BMO AIR MILES®† Mastercard®* stands out as an excellent credit card for those who regularly purchase gas and prefer to shop at Shell stations. Its ability to rapidly accumulate AIR MILES, combined with the partnership with Shell and the lack of an annual fee, makes it a practical choice for regular drivers and AIR MILES collectors.
If you want more AIR MILES, let's see if it's worth getting the BMO AIR MILES World Elite Mastercard and pay its annual fee, based on $500 monthly in gas spending.
BMO AIR MILES Mastercard vs. BMO AIR MILES World Elite Mastercard
| Feature | BMO AIR MILES®† Mastercard®* | BMO AIR MILES®† World Elite®* Mastercard®* |
|---|---|---|
| Annual fee | $0 | $120 |
| Miles earned from gas spending | 1,300 Miles (Yearly) | 3,500 Miles (yearly) |
| Welcome offer | 800 bonus miles | 2,000 Bonus miles |
| Total miles in first year | 2,100 Miles | 5,500 Miles |
| Benefits and perks | Standard | Enhanced AIR MILES benefits, travel and medical protection, complimentary membership in Mastercard Travel Pass, savings on car rentals, extended warranty, and purchase protection |
| Value | Good for no annual fee; ideal for moderate gas spenders and AIR MILES collectors | Higher earning potential; better for frequent travellers and high spenders on gas, especially at Shell; perks justify the annual fee for heavy users |
In summary, if you're spending $500 monthly on gas:
- The BMO AIR MILES®† Mastercard®* offers a decent return with no annual fee, making it a cost-effective choice.
- The BMO AIR MILES®† World Elite®* Mastercard®* provides a significantly higher miles earning potential and additional travel-related benefits. The $120 annual fee can be justified if you value the extra perks and higher miles accumulation, especially useful for frequent travellers or those who spend heavily at Shell and other AIR MILES partners.
Upgrading to the World Elite version makes sense if you're looking to maximize AIR MILES earnings and can make use of the additional travel benefits and perks that come with the card.
Apply for the BMO Air Miles World Elite MastercardBest Esso gas credit card in Canada
PC World Elite Mastercard
45 points * 45 points per $1 spent at Shoppers Drug Mart/Pharmaprix
30 points At least 30 points per litre of gas purchased at Esso™ or Mobil™ stations
30 points At least 30 points per $1 spent on PC Travel services
30 points 30 points per $1 spent at Loblaw Banner Grocery Stores (includes Loblaws, No Frills, Valu-Mart, Independent Grocers, Zehrs, Real Canadian Superstore, Fortinos, etc.)
$0 Annual Fee
21.99% Purchase APR
22.97% Cash Advance APR
21.99% Balance Transfer Rate
Fair Recommended Credit Score
$80,000 Required Annual Personal Income
The PC Financial World Elite Mastercard stands out as a top-tier option for fuel savings and rewards, especially for drivers who frequently fill up at Esso and Mobil stations in Canada. This card offers an impressive return of 30 PC Optimum points per liter of gas purchased at these stations, which is a notable advantage for motorists. To put this into perspective, if you purchase 50 liters of gas, you would earn 1,500 PC Optimum points. Given the value of PC Optimum points, this can translate to significant savings over time, especially for those with high monthly fuel expenditures.
Additionally, the card's flexibility extends beyond just fuel purchases. Cardholders can earn 45 PC Optimum points for every dollar spent at Shoppers Drug Mart, 30 points per dollar at Loblaw stores and from PC Travel, and 10 points per dollar on all other purchases. This makes it an ideal card for everyday spending, not just for fuel purchases.
One of the most attractive features of the PC Financial World Elite Mastercard is its $0 annual fee, which enhances its value proposition. This is especially beneficial for those who want to maximize their rewards without worrying about an annual cost offsetting the benefits.
Moreover, the card offers a range of insurance benefits, including travel medical insurance, trip cancellation and interruption insurance, and auto rental loss/damage insurance, making it a comprehensive choice for travellers as well.
Best Petro-Canada gas credit card in Canada
RBC Avion Visa Infinite
1 Earn 1 Avion point for every dollar you spend*.
25% extra Avion points on eligible travel purchases
$1,500 mobile device insurance
3¢/L savings on fuel at Petro-Canada and always earn 20% more Avion points
50 Be Well points for every $1 spent on eligible products at Rexall
20% off at Hertz and earn 3x the Avion points
$0 delivery fees for 12 months from DoorDash
$120 Annual Fee $50 for each additional card
20.99% Purchase APR
22.99% Cash Advance APR
22.99% Balance Transfer Rate
Very Good Recommended Credit Score
$60,000 Required Annual Personal Income
The RBC Avion Visa Infinite card is a premium travel credit card that offers a range of benefits, especially for those who frequently purchase fuel at Petro-Canada. Here's a detailed overview:
- Rewards on Gas Purchases: Cardholders can enjoy a 3¢/L savings on fuel at Petro-Canada stations. Additionally, when you link your RBC card with a Petro-Points membership, you earn 20% more Petro-Points on your spending at Petro-Canada.
- Welcome Bonus: The card offers up to 55,000 Avion points as a welcome bonus, which includes 35,000 points on approval and an additional 20,000 bonus points when you spend $5,000 in the first 6 months.
- Insurance Coverage: The RBC Avion Visa Infinite card provides a comprehensive suite of insurance coverages including emergency medical insurance, travel accident coverage, car rental collision and loss damage coverage, trip cancellation and interruption insurance, flight delay coverage, hotel and motel burglary insurance, purchase security, extended warranty, and mobile device insurance.
- Additional Benefits: Cardholders also get a 12-month complimentary DashPass subscription from DoorDash, offering $0 delivery fees on orders over $15 when paid with the RBC card. Moreover, you can link your card with a Rexall Be Well account to earn additional points on eligible purchases at Rexall.
- Redemption Flexibility: Avion points can be redeemed for flights on any airline, with no blackout periods or seat restrictions. The points can also be used for non-travel rewards such as merchandise, gift cards, or to pay off your RBC bank statement.
- Income Requirements: To be eligible for this card, a minimum personal income of $60,000 or a household income of $100,000 is required.
This card is particularly beneficial for those who frequently purchase fuel at Petro-Canada, as it offers both savings per liter and additional Petro-Points. The welcome bonus and the Avion points earning rate make it a suitable choice for those looking to accumulate travel rewards, while its comprehensive insurance coverage adds an extra layer of security for travellers.
Best gas credit card for roadside assistance
TD Cash Back Visa Infinite Card
3% Earn 3% cash back on groceries, gas, and recurring bill payments†
1% Earn 1% cash back on all other purchases†
50% Earn 50% more Starbucks Stars when you link your TD card to your Starbucks account.†
$139 Annual Fee First additional cardholder is $50. After that, each card is $0.
20.99% Purchase APR APR for purchases 20.99%†
22.99% Cash Advance APR APR for cash advances 22.99%†
22.99% Balance Transfer Rate APR for balance transfers 22.99%†
Excellent Recommended Credit Score
$60,000 Required Annual Personal Income
$100,000 Required Annual Household Income
Welcome Offer Ends Jun 3, 2024
Earn up to $500 in value†, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500†. Conditions apply. Account must be approved by June 3, 2024.
Learn moreThe cash back rate for gas on the TD Cash Back Visa Infinite* Card is only one percentage point lower than the CIBC Dividend Visa Infinite Card at 3%, which is still very respectable and much higher than the rates available for gas on most cash back cards out there.
The TD Cash Back Visa Infinite* Card also features a solid sign-up bonus:
Earn up to $500 in value†, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500†. Conditions apply. Account must be approved by June 3, 2024.
Earn up to $500 in value†, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500†. Conditions apply. Account must be approved by June 3, 2024.
Key features
- Welcome Bonus: Earn up to $500 in value†, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500†. Conditions apply. Account must be approved by June 3, 2024.
- Cash Back: Earn 3% cash back on gas, groceries and recurring bill payments†, 1% on all other purchases†. You can even play around with a calculator on the website to see how much cash back you could earn based on your spending.
- Additional Perks: Mobile Device Insurance†, Travel medical insurance† and emergency roadside assistance†
†Terms and conditions apply.
Best gas credit card for multiple users
MBNA Smart Cash Platinum Plus
2% Earn 2% on gas and groceries ($500 monthly spend cap)
0.5% Get 0.5% cash back on all other purchases
$0 Annual Fee Up to 9 additional card with no annual fee
19.97% Purchase APR
24.99% Cash Advance APR
22.99% Balance Transfer Rate
Good Recommended Credit Score
Welcome Offer
Earn 5% Cash Back on gas and groceries for the first 6 months (until $500 spend cap reached)
Learn moreIf you’re looking for the best cash back on gas for the average joe, MBNA Smart Cash Platinum Plus® Mastercard® is it. It has no annual fee, no income requirement and your credit score needs to be average. Plus, for the first six months, MBNA Smart Cash Platinum Plus competes with those slightly better cards when you can get 5% cash back†† on gas and groceries, which translates to $6 back from a $120 spend. The cap is also lower, as it’s up to $500 in purchases. Still, the rate switches to 2%‡ thereafter, and remains consistent.
Key features
- Welcome Bonus: 5% cash back†† on gas and groceries in the first 6 months (spending capped at $500)
- Cash Back: 2% cash back‡ on gas and groceries (spending capped at $500)
- Purchase APR: 19.99%
- Balance Transfer APR: 22.99%
- Cash Advance APR: 24.99%
- Additional Perks: No annual fee for you and up to 9 authorized users, purchase assurance, extended warranty and rental car discounts
‡, ††, ✪, Terms and Conditions apply
This offer is not available for residents of Quebec. For residents of Quebec, please click here.
Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.
The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank.
Best credit card for gas and travel in Canada
American Express Gold card
2 Earn 2 MR points per $1 dollar spent on travel (flights, hotels, car rentals, cruises and more)
2 Earn 2 MR points per $1 spent in everyday purchases (gas, groceries and drugstore purchases)
1 Earn 1 MR point per $1 dollar spent on everything else
1 Earn 1 additional MR point for every dollar charged on bookings made through Amex Travel Online
$250 Annual Fee Includes annual $100 travel credit and 1 free additional card.
21.99% Purchase APR on purchases
21.99% Cash Advance APR
2.50% Foreign Transaction Fee
Very Good Recommended Credit Score
The American Express® Gold Rewards Card is the best card for gas for a frequent flyer, as the points you earn can be transferred 1:1 to many travel programs, including Aeroplan. You get 2 points per $1 spent at eligible gas stations, but the sign-up bonus ranks this card among “the best.” Earn up to 60,000 Membership Rewards® points.
- New American Express® Gold Rewards Cardmembers, earn 5,000 Membership Rewards® points for each monthly billing period in which you spend $1,000 in net purchases on your Card.
- This could add up to 60,000 points in a year. That’s up to $600 towards your next vacation. Conditions apply.
Key features
- Welcome Bonus: Up to 60,000 Membership Rewards® (conditions apply)
- Earn Rates: Earn 2 points for every $1 in Card purchases for eligible travel purchases, including flights, hotels, car rentals, cruises, and more; earn 2 points for every $1 in Card purchases at eligible gas stations, grocery stores and drugstores in Canada, and 1 point for every $1 in Card purchases everywhere else.
- Additional Perks: Valuable travel insurance coverage, flexible point redemption, referral bonuses and more.
If you don't want to pay the $250 annual fee, check out the Amex Cobalt for the same earn rates on gas and an easy-to-manage monthly credit card fee.
Best gas credit card with cash back and no annual fee
Tangerine Money-Back Credit Card
2% Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3 Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5% Earn 0.50% on all your other everyday purchases.
$0 Annual Fee $0 for additional cardholders
19.95% Purchase APR
19.95% Cash Advance APR $3.50 within Canada, $5.00 outside Canada
1.95% Balance Transfer Rate 1.95% interest for first 6 months, 19.95% after that.
3.00% Balance Transfer Fee 3.00% of the amount transferred, or minimum of $5.00
2.50% Foreign Transaction Fee
Fair Recommended Credit Score
$12,000 Required Annual Personal Income
Welcome Offer Ends Apr 30, 2024
Get 10% cash back on up to $1,000 in everyday purchases made within 2 months. Pay only 1.95% balance transfer interest for the first 6 months.
Learn moreThe Tangerine Money-Back Credit Card lets you choose two categories out of ten to earn 2% cash back on your purchases, all without any annual fee. A third category may be selected if you choose to have your Rewards deposited into your Tangerine Savings Account. If you want to earn cash back on gas without dishing out a hefty annual fee, the Tangerine card can make for a great companion to your existing rewards card. If you have another card that earns a higher rate on categories like restaurants or groceries, then you can choose to earn a higher rate on gas purchases with this card, making it a great solution for bridging the gap in your cash back earnings.
Key features
- Welcome Bonus: Special 10% extra cash back rate on the first $1,000 spent with the card on everyday purchases (max. $100 cash back) in the first two months if you're approved, apply by July 5, 2023.*
- Rewards: 2% on up to three select categories and 0.5% on everything else
- Purchase APR: 19.95%
- Balance Transfer APR: 1.95% for the first 6 months if you balance transfer within 30 days of getting your card (1% transfer fee applies)* and then 19.95%
- Additional Perks: No annual fee, free extra cards, purchase insurance, extended warranty coverage
*Terms and Conditions apply
Best credit cards for gas compared
| Credit Card | Rewards on Gas | Welcome Bonus | Get started |
|---|---|---|---|
| CIBC Dividend® Visa Infinite* Card | Regular earn rate of 4% cash back† |
Get a first-year annual fee rebate and earn 15% cash back welcome bonus of up to $300!†
Annual fee: $120 First Year Annual Fee Rebate† |
Apply now |
| PC World Elite Mastercard | At least 30 points per litre at Esso and Mobil | Annual fee: $0 | Apply now |
| RBC Avion Visa Infinite | Instantly save 3¢/L on fuel and always earn 20% more Petro-Points and earn 20% more Avion points |
Get up to 55,000 Avion points
Annual fee: $0 |
Apply now |
| TD Cash Back Visa Infinite* Card | 3% cash back on gas, groceries and recurring bill payments† |
Earn up to $500 in value†, including 10% in Cash Back Dollars in the first 3 months on Bonus Eligible Purchases up to a total spend of $3,500†. Conditions apply. Account must be approved by June 3, 2024.
Annual fee: $139 First Year Annual Fee Rebate† |
Apply now |
| MBNA Smart Cash Platinum Plus | 2% cash back on gas and groceries‡ |
5% cash back†† on eligible gas and grocery purchases in the first six months
Annual fee: $0 |
Apply now |
| American Express® Gold Rewards Card | Standard earn rate of 2 points per $1 at eligible gas stations |
Up to 50,000 Membership Rewards® points (conditions apply)
Annual fee: $250 |
Apply now |
| Tangerine Money-Back Credit Card | 2% cash back on two categories, including gas |
1.95% interest rate on balances transferred to Tangerine for 6 months (1% transfer fee applies). Special 10% extra cash back rate on the first $1,000 spent with the card on everyday purchases (max. $100 cash back) in the first two months.
Annual fee: $0 |
Apply now |
†Terms and conditions apply.
TD Cash Back Visa Infinite* Card offer is not available for residents of Quebec. For Quebec residents, please click here.
Reasons you’d want gas credit cards in Canada
Gas credit cards allow you to save money at the pump and to earn rewards for making a purchase that you were already going to make. Since many of us have to commute to work again, it only makes sense that we take advantage of our gas purchases to ensure that we get the most out of this.
With prices of everything in the economy going up, it’s more important than ever to find any savings you can. Some gas credit cards will allow you to save a specific amount every time you’re at the pump, so you’re always saving money.
Benefits of gas credit cards
The primary reason for using a gas credit card is the discounts for gas purchases. Every gas credit card has a different program, but saving money every time you’re at the pump will go a long way with your monthly budget, especially if you drive a lot.
Another benefit of gas credit is the rewards that they offer. Some gas credit cards will offer you up to 3% back on gas station purchases with your card. This means that if you commute to work or go on frequent road trips, you could be earning money back without changing your spending habits.
You may find it’s much easier to qualify for a gas card than some other credit cards where they would have a stronger criterion. You could get accepted for a gas credit card with fair credit and then use that credit card to build up your credit or to improve your credit history.
A final benefit of looking for the best gas credit cards is that these credit cards tend to offer enticing sign-up bonuses. You can earn a decent sign-up bonus if you meet the minimum spending requirement for the first few statements. These various bonuses can help you build your points up or earn enough cash-back rewards to make it worth switching credit cards.
Drawbacks of these credit cards
While you could benefit from using a gas credit card, it’s essential that we highlight why you may not want to go with this option.
You could find better rewards with another credit card. Many general credit cards offer better cash-back rewards. For example, some credit cards could offer 5% cash back on gas purchases without being branded as a gas credit card. You could find an overall credit card with better offers on all fronts instead of just seeking a gas credit card.
Gas credit cards could also have higher interest rates. As a result, you would have to be diligent about paying off your balance in full monthly. That way, you don’t spend more money on interest to offset any rewards you’ve earned.
Here are some additional drawbacks of gas credit cards that you should consider:
- There could be earning caps – This means that you could have a limit on how many rewards you could earn within a year.
- Limited rewards options – We all look for different ways to optimize our credit card rewards, so it’s important to know that some gas credit cards will restrict how you can use your rewards. This means you could only redeem your rewards on discounted gas purchases instead of anything else.
Best gas stations in Canada
| Canadian gas station | Number of stations | Loyalty programs | EV charging availability |
|---|---|---|---|
| Shell | 1,300+ | Shell GO+ | Varies by location |
| Costco | 100+ | Costco Membership | Not widely available |
| Petro-Canada | 1,500+ | Petro-Points | Yes |
| Esso/Mobil | 2,200+ | PC Optimum™ | Varies by location |
| Ultramar | 700+ | Journie Rewards | Not specified |
| Canadian Tire Gas+ | 300+ | Triangle Rewards | Not specified |
Best gas loyalty program in Canada
In Canada, several gas loyalty programs offer various benefits, each with its own set of advantages and limitations. Here's an overview of some of the notable ones:
- Petro-Points (Petro Canada): Petro-Points is a popular choice, offering points for every litre of fuel and in-store purchases. These points can be redeemed for fuel savings, car washes, and other rewards. The program pairs well with RBC credit cards that offer additional rewards for fuel purchases.
- PC Optimum (Esso): PC Optimum points can be earned at Esso stations, with enhanced earning potential for those using PC Financial credit cards. The points are versatile, redeemable for fuel discounts, groceries, and more at participating locations.
- AIR MILES (Shell): This program allows earning AIR MILES at Shell stations. It's particularly beneficial when combined with an AIR MILES credit card (check out the best BMO credit cards), leading to "double-dipping" rewards on fuel purchases. Points can be redeemed for various rewards, including travel and merchandise.
- Costco Gasoline Cash Back Rewards: For Costco members, this program offers lower gas prices and the potential for cashback rewards when using the COstco Mastercard (though we think there are better credit cards for Costco). This program is particularly advantageous for regular Costco shoppers and those who buy significant amounts of fuel.
- Journie (Ultramar, Pioneer, Fas Gas, and Chevron): With the CIBC Dividend credit cards, users can earn cashback on fuel at these stations. Check out the best CIBC credit cards for more. The Journie program offers additional cents off per liter and points that accumulate for further discounts.
Each program has its unique features, and the best choice often depends on individual driving and shopping habits, as well as credit card usage. It's also worth noting that using apps like GasBuddy or Waze can help find the best fuel prices in your area, and filling up during specific times of the week can lead to additional savings
Power of the pump
These credit cards will give you the most if you want more when paying at the pump. Whether it’s cash back or reward points, you’ll cover gas for every carpool, ride out with friends, or road trip and reap the benefits these cards have to offer. In a time when every penny counts, make each litre count as well by seeking out the best gas credit card for your situation.
Recommended reads:
- Best car insurance in Canada
- Best car loans in Canada
- Best credit cards for online shopping
- Best credit cards for restaurants
FAQs about gas credit cards
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