Many credit card issuers in Canada are partnered with retailers, giving consumers a unique tool to earn rewards while enjoying flexible spending. Several store credit cards are available in Canada. The one you choose should be closely aligned with your lifestyle and spending habits, and ideally come with low fees to keep more money in your pocket. Read on to find the best store credit cards in Canada in 2025.
Key Points:
- A store credit card is a type of card affiliated with a specific retailer that offers exclusive discounts and rewards.
- Some of the best store credit cards in Canada include the Neo Mastercard, President’s Choice Financial® World Elite Mastercard®, and Walmart Rewards™ World Mastercard®.
- When choosing a store credit card, look for appealing welcome bonuses, low interest rates and annual fees, and generous rewards.
Best Retail Credit Cards In Canada
If you’re looking for an in-store credit card that offers high earn rates and low fees, consider any one of the following:
| Card | Main Features |
| Neo Mastercard | – No annual fee – Earn high cashback rates with partner retailers |
| President’s Choice Financial® World Elite Mastercard® | – No annual fee – Fastest way to earn PC Optimum points – Travel emergency medical insurance |
| Walmart Rewards™ World Mastercard® | – No annual fee – Free Purchase Assurance – 24/7 Mastercard Global Services. – Free Extended Warranty Plan. – Zero Liability Protection. – Optional Balance Protection. |
| Amazon.ca Rewards Mastercard® | – Get cash back on foreign currency transactions. – Get a $20 Amazon gift card when you earn 2000 Amazon points. |
| Triangle® Mastercard® | – Purchase Security – Car Rental Collision Insurance – Roadside Assistance Gold Plan – No-fee/interest financing |
| CIBC Costco Mastercard | – Mobile device insurance – Extended warranty – Fraud alerts – Installment payment plan |
*Certain conditions may apply
Neo Mastercard
If you’re looking to earn cashback and gain access to exclusive offers, consider the Neo Mastercard. Neo is partnered with over 10,000 retailers across Canada, offering high cash back earnings when you shop at participating merchants, like Pet Valu, Roots, Boston Pizza, Mr. Lube, and Pandora. The has no annual fee, and users can earn up to 1% cash back on gas and groceries and an additional 5% with partner merchants.
Neo Mastercard® Features
- Annual fee: $0
- Interest Rate:
- Purchase rate: 19.99% – 29.99% (QC: 19.99% – 24.99%)
- Cash advance rate: 22.99% – 31.99% (QC: 22.99% – 25.99%)
- Earn rate:
- Earn up to 1% cashback on gas and grocery¹
- Earn an average additional 5% cash back at one of Neo’s 10,000+ partner merchants
- Points value: Points are generally worth 0.5¢ each (or up to $5 with partner retailers)
- Extra features:
- Earn more cashback on purchases with select Neo partners.
- Upgrade to Premium for $9.99 a month and earn higher cashback rates. Plus, the first month is free.
- Stack Neo perks and boost your cashback in different categories. Neo perks come with a monthly fee.
President’s Choice Financial® World Elite Mastercard®
The President’s Choice Financial® World Elite Mastercard® is a great option for those who shop at Loblaws, No Frills, Wholesale Club, Shoppers Drug Mart, Esso stations, and other affiliated retail spots. This credit card provides the fastest way to earn PC Optimum points.
President’s Choice Financial® World Elite Mastercard® Features
- Annual fee: $0
- Interest Rate:
- Purchase rate: 21.99%
- Cash advance rate: 22.97% (QC: 21.97%)
- Earn rate:
- Earn 30 points for every $1 spent at participating grocery stores
- Earn 45 points for every $1 spent at Shoppers Drug Mart/Pharmaprix
- Earn at least 30 points/L spent at Esso and Mobil gas stations
- Earn 30 points for every $1 spent at PC Travel
- 10 points for every $1 spent on all other purchases
- Points value: Each 10,000 PC Optimum points you collect are worth $10. Points can be redeemed in increments of $10 at eligible stores.
- Extra features:
- Travel emergency medical insurance
- Rental car damage and theft protection
- Identity theft assistance
- Concierge services available 24/7
Walmart Rewards™ World Mastercard®
Is Walmart your discount retail store of choice? Then the Walmart Rewards World Mastercard is a great credit card to have in your wallet.
This card allows cardholders to earn more Walmart Rewards Dollars, but has stricter eligibility requirements. If you don’t meet the requirements, the entry-level Walmart Rewards Mastercard is also a solid option.
Walmart Rewards World Mastercard Features
- Annual fee: $0
- Interest Rate:
- Purchase rate: 21.89%
- Cash advance rate: 22.97%
- Earn rate:
- Earn 5% when shopping at Walmart in-store
- Earn 3% when shopping on Walmart.ca
- Earn 2% on transit & gas
- Earn 1.00% everywhere else.
- Points value: 1 Walmart Rewards Dollar gives you $1 to spend at Walmart Canada and you can begin redeeming once you’ve earned $5 in rewards.
- Extra features:
- Free Purchase Assurance
- 24/7 Mastercard Global Services
- Free Extended Warranty Plan
- Zero Liability Protection
Amazon.ca Rewards Mastercard®
If you’re an avid Amazon shopper, you can earn a lot more in points with the Amazon.ca Rewards Mastercard. You can earn points when shopping online, at grocery stores and restaurants. Keep in mind that although you can get this card as a regular Amazon member, you may qualify for additional benefits if you pay for Amazon Prime.
Amazon.ca Rewards Mastercard Features
- Annual Fee: $0
- Interest Rate:
- Purchase rate: 19.99%
- Cash advance rate: 22.99% (20.99% in QC)
- Earn Rate:
- Earn 2.5% cash back on eligible purchases at Amazon.ca, Whole Foods Markets, foreign currency transactions
- Earn 1% cash back on everything else
- Points Value: 100 Amazon Rewards Points = $1.00 Canadian (CAD)
- Extra Perks:
- 0% AIR on MBNA Payment Plans
- Get a $20 Amazon gift card when you earn 2,000 points with your Rewards Mastercard
Triangle® Mastercard®
Whether you’re shopping for car parts, home supplies, or sporting goods, the Triangle Mastercard from Canadian Tire could go a long way in helping you redeem benefits and save on qualifying purchases. Participating stores include:
- Canadian Tire
- Mark’s/L’Équipeur
- Sport Chek
- Party City
- Atmosphere
- Hockey Experts
- Sport Rousseau
- L’Entrepôt du Hockey
- Select Sports Experts locations
- Select gas stations
Triangle Mastercard Features
- Annual Fee: $0
- Purchase Rate: 21.99%
- Cash Advance Rate: 22.99% (21.99% for QC residents)
- Earn Rate:
- Earn 4.0% in CT Money at Canadian Tire, Sport Chek, Sports Experts and other affiliated sports retailers.
- Earn 1.5% in CT Money at participating grocery stores (rates only apply to the first $12,000 of eligible costs per calendar year).
- Earn 0.5% in CT Money everywhere else.
- Earn $0.05/L at participating gas stations.
- Points Value: 1 Dollar of Canadian Tire Money = $1 in qualifying purchases.
- Extra Perks:
- Purchase Security
- Car Rental Collision Insurance
- Roadside Assistance Gold Plan
- 24/7 customer service.
- No-fee/no-interest financing on eligible purchases of $150 or more at participating stores and gas stations.
CIBC Costco® Mastercard®
If you have a Costco membership, then the CIBC Costco Mastercard might make sense to carry in your wallet. Exclusively offered to Costco members, the card lets you earn up to 3% cash back on restaurants and Costco gas, 2% at Costco.ca and other gas stations, and 1% on all other purchases.
Cash back is issued annually as a Costco gift certificate, which you can redeem in-store. There’s no annual fee, and you’ll get extended warranty and purchase protection.
CIBC Costco Mastercard Features
- Annual fee: $0
- Interest Rate:
- Purchase rate: 21.75%
- Cash advance rate: 22.49% (21.99% for QC residents)
- Earn rate:
- 3% cash back at restaurants & Costco gas stations.
- 2% cash back at Costco.ca & other gas stations.
- 1% cash back on all other purchases
- Points Value: 1% cash back on $100 eligible purchases = $1 in cash back
- Extra perks:
- Mobile device insurance.
- Extended warranty and purchase security.
- Fraud alerts.
- Installment payment plan through their CIBC Pace It buy-now-pay-later service.
Rogers Red World Elite® Mastercard®
The Rogers Red World Elite® Mastercard® is a no-annual-fee credit card offering up to 3% cash back on U.S. dollar purchases and 1.5% to 2% on other eligible purchases. Cardholders who are Rogers, Fido, or Shaw customers can earn a higher earn rate and get 5 free Roam Like Home days each year for mobile travel use.
The card also includes travel insurance and airport lounge access, making it great for those crossing the border regularly.
Rogers Red World Elite Mastercard Features
- Annual fee: $0
- Interest Rate:
- Purchase rate: 20.99% — 25.99%
- Cash advance rate: 22.99% — 27.99%
- Earn rate:
- Earn 3% cash back on all eligible purchases made in U.S. dollars.
- Earn 2% cash back on all eligible non-U.S. dollar purchases with 1 service with Rogers, Fido or Shaw.
- Earn 1.5% cash back on all other eligible non-U.S. dollar purchases.
- Earn 1.5x more cash back when you redeem for Rogers, Fido or Shaw purchases.
- Points Value: 1% cash back on $100 eligible purchases = $1 in cash back
- Extra perks:
- Get 5 Roam Like Home days for free every year for Rogers mobile plans.
- Complimentary membership to Mastercard Travel Pass
- Access to 1,300+ airport lounges worldwide
- Extended Warranty and Purchase Protection
- Rental car coverage
- Travel medical insurance
Looking for the best credit card options?
Pros And Cons Of Store Credit Cards In Canada
Retail credit cards offer both perks and drawbacks. Be sure to consider both before you apply:
Pros Of Store Credit Cards In Canada
Benefits of store credit cards are as follows:
- Sign-Up Bonuses – Many retail credit cards offer appealing welcome bonuses, like in-store cash, promotions, and discounts.
- Interest-Free Periods May Be Available – As an added sign-up bonus, many store credit cards come with zero interest for the first few weeks or months.
- Access Exclusive Discounts & Promotions – As a member of some credit card programs, you’ll receive perks that everyday consumers won’t.
- Build Your Credit Score – Paying your retail credit card bills responsibly can help you build your credit scores.
Cons Of Store Credit Cards In Canada
Consider the following potential drawbacks of store credit cards:
- Potentially Lower Credit Limit – Credit limits on store credit cards may be lower compared to traditional cards, which may affect your credit utilization and reduce your borrowing power.
- Lower Earn Rates At Other Stores – Earn rates at non-partner stores are lower than outside retailers.
- Temptation To Spend More – Discounts and high earn rates can make it more tempting to overuse your card
Final Thoughts
Store credit cards can be a great way to get discounts and earn rewards where you shop most. But choose wisely, and make sure you’re able to cover your monthly bills. If used responsibly, store credit cards can be a great tool.
Store Credit Card FAQs
How do you qualify for a store credit card?
Which store credit cards offer cash back?
Can I get a store credit card with bad credit?
Neo Credit and Neo Secured Credit cards are issued by Neo Financial™ pursuant to license by Mastercard International Incorporated.
¹Minimum balance in a Neo Everyday account required to earn the highest rate. Cashback earn subject to monthly maximum spend limits. Cashback may be limited and varies by perks, offer, and partner. There may be monthly limits for boosted cashback offers.
