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You can acquire store credit cards in Canada through many businesses, like clothing stores, restaurants, grocery stores, and department stores. The benefits will vary from store to store but you can typically use your card whenever you want and earn points, cash back rewards, and other perks.  

Before you activate a retail credit card, it’s important to read the terms and conditions carefully. You may only be able to buy items and use rewards at the store associated with the card. 

Best Retail Credit Cards In Canada 

If you haven’t found the right retail credit card yet, don’t worry. There are countless great in-store cards you can obtain in Canada once you meet the minimum requirements. Here are some of the best retail credit cards in Canada.

Here are some of the best retail credit cards in Canada.

Main Perks
Neo Credit– No annual fee.
– Earn instant, unlimited cashback.
President’s Choice Financial® World Elite Mastercard®– No annual fee.
– Fastest way to earn PC Optimum points.
– Travel emergency medical insurance.
Hudson’s Bay Mastercard®—powered by Neo– No annual fee.
– Earn 4 times the Rewards points when you shop in-store and online.
– Earn an average of 2% cashback at Neo Financial partners.
– Zero overlimit or inactivity fees.
Walmart Rewards™ World Mastercard®– Free Purchase Assurance for the first 90 days (with full payments).
– 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®– Free roadside assistance plans.
– No-receipt return policy.
– Member-only events and savings programs.
– Up to 24 months of no-fee/interest financing.
*Certain conditions may apply
Note: Want to cancel your credit card for a new one? Make sure you know the consequences click here.
Neo Credit

Neo Credit

If you’re looking to earn instant, unlimited cashback and gain access to exclusive offers, consider Neo Credit. Neo Credit has no annual fee and on average allows users to earn 5%1 cashback at 10,000+ partners.

Neo Credit Features

Annual fee: $0

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 1% cashback on all gas and groceries.
  • Earn 0.5% monthly minimum cashback with Neo partners.
  • Earn 5% on average at Neo-partnered restaurants, bars, and cafes.
  • Earn 3% on Netflix, Disney+, Crave, Apple, Spotify, Uber, Lyft, UberEats, DoorDash, and Skip the Dishes.
  • Earn 2%+ at Neo retail partners (online and in-store).

Points value: If you get 5% cash back on $100 eligible purchases, that’s equal to $5 in cash back.

Extra features:

  • Get up to 15% cashback on first time purchases with partners.
  • Upgrade to Premium for $4.99 a month and earn higher cashback rates. Plus, the first 3 months are 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

President’s Choice Financial® World Elite Mastercard®

A great option for those who shop at Loblaws, No Frills, Wholesale Club, Esso stations, and other affiliated retail spots. The Financial World Elite Mastercard is the highest-tier store credit card that President’s Choice. Currently, it’s the fastest way to earn PC Optimum points

President’s Choice Financial® World Elite Mastercard® Features

Annual fee: $0

Purchase rate: 21.99%

Cash advance rate: 22.97% (QC: 21.97%)

Earn rate:

  • Earn 30 points for every $1 spent at Maxi, Provigo, Wholesale Club.
  • Earn 45 points for every $1 spent at Shoppers Drug Mart/Pharmaprix.
  • Earn at least 30 points per litre 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.

Hudson’s Bay Mastercard®—powered by Neo

The Bay is a cornerstone in all Canadian cities and offers a wide range of products for Canadian consumers. For anyone who shops frequently at the Bay, Hudson’s Bay Mastercard —powered by Neo is a great credit card option to consider. Cardholders earn 4 times the Rewards points when they shop in-store and online. Plus, the partnership with Neo lets cardholders also earn cashback at stores and businesses that have partnered with the financial brand. 

Hudson’s Bay Mastercard Features

Annual fee: $0

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 4 Rewards points for every $1 spent in-store at the Hudson’s Bay or online at thebay.com. 
  • Earn up to 2 Rewards points for every $1 spent everywhere else.

Points value:  1,000 Hudson’s Bay points = $5.00 for online/in-store purchases. 

Extra features:

  • Earn an average of 2% cashback at Neo Financial partners.
  • Zero overlimit or inactivity fees.
  • Card is fully manageable when using the Neo mobile app.

Walmart rewards

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. The Rewards World Mastercard option 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

Purchase rate: 20.89% (QC:20.89%)

Cash advance rate: 22.97% (QC: 21.97%)

Earn rate:

  • Earn 1.25% Walmart Reward Dollars™ at any Walmart in Canada.
  • Earn 3.00% online at walmart.ca.
  • Earn 1.25% at any gas station.
  • 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 for the first 90 days.
  • 24/7 Mastercard Global Services.
  • Free Extended Warranty Plan (doubles manufacturer warranties for up to 1 year on credit card purchases).
  • Zero Liability Protection.

Amazon.ca Rewards Mastercard

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

Purchase rate: 19.99%

Cash advance rate: 20.99%.

Earn Rate: The rate at which you can accumulate rewards with your Amazon Mastercard depends on your membership status and transaction type:

  • Regular Membership – Earn 1.5% on Amazon and Whole Foods purchases. You can also earn 1% back on eligible foreign currency transactions. 
  • Prime Membership = Earn 2.5% on Amazon, Whole Foods and eligible foreign currency transactions
  • All Other purchases = 1.00%.

Points Value: 100 Amazon Rewards Points = $1.00 Canadian (CAD) 

Extra Perks

  • If you make eligible transactions in foreign currencies, you can get cash back to offset part of the exchange fees. 
  • If you earn 2000 points with your Rewards Mastercard, a $20 Amazon gift card will be added to your account.   

Triangle 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: 19.99%

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 a litre at participating gas stations. 

Points Value: 1 Dollar of Canadian Tire Money = $1 in qualifying purchases.

Extra Perks: As a Triangle Mastercard holder, you can access a range of benefits, including:

  • Free roadside assistance plans.
  • No-receipt return policy.
  • Member-only events and savings programs. 
  • 24/7 customer service. 
  • Up to 24 months of no-fee/interest financing on eligible purchases of $150 or more at participating stores and gas stations.

CIBC Costco Mastercard

CIBC Costco® Mastercard®

Do you have a Costco membership? Then you may already know about the CIBC Costco Mastercard. It offers cash back on your Costco purchases, as well as all your other purchases. However, this card offers the highest cash back rate on Costco gas and Costco.ca purchases. If you spend a lot of money at Costco, you can not only utilize their flexible return policy, but earn points on your purchases.

CIBC Costco Mastercard Features

Annual fee: $0

Purchase rate: 19.75%

Cash advance rate: 21.49%

Earn rate:

  • Get 3% cash back at restaurants & Costco gas stations.
  • Get 2% cash back at Costco.ca & other gas stations.
  • Earn 1% cash back on all other purchases 

Points Value

  • 1% cash back on $100 eligible purchases = $1 in cash back
  • 2% cash back on $100 eligible purchases = $2 in cash back
  • 3% cash back on $100 eligible purchases = $3 in cash back

Extra perks:

  • Offers mobile device insurance.
  • Extended warranty and purchase security.
  • Cash back on international money transfers.
  • Installment payment plan through their CIBC Pace It buy-now-pay-later service

Rogers Fido MasterCard

Fido™ Mastercard®

Fido and Rogers Bank have teamed together to offer a Fido Mastercard. It is a no-annual-fee credit card that you can earn unlimited cash back rewards. You can redeem your cash back on everyday purchases including your Fido bills.

You can also download the Rogers Bank app to easily manage your Fido Mastercard. 

Fido Mastercard Features

Annual fee: $0

Purchase rate: 19.99%

Cash advance rate: 22.99% 

Earn rate:

  • Earn 1% cash back on all purchases.
  • Earn 1.5% cash back on recurring payments and subscriptions.

Points Value: 1% cash back on $100 eligible purchases = $1 in cash back

Extra perks:

  • Automatic alerts and transaction monitoring for fraud. 
  • Zero liability and balance protection.

Pros And Cons Of Store Credit Cards In Canada

There are good and bad things about retail credit cards, so don’t forget to read the terms and conditions before you apply for one:

Pros Of Store Credit Cards In Canada

  • You Can Get Sign-Up Bonuses – Certain 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.
  • You Can Access Exclusive Discounts & Promotions – As a member of some credit card programs, you’ll receive perks that everyday consumers won’t.  
  • They Can Help 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

  • You Can’t Use Them Everywhere – While you may be able to use your retail card elsewhere, points and deals may only apply at the store you got it from.  
  • You May Have a Lower Credit Limit – Store cards may not offer as much credit as the ones you could get from a bank or normal provider.  
  • You May Earn a Lower Rate at Other Stores – Generally speaking, using a retail credit card at outside stores results in a lower earn rate. 
  • Some Cards Must Be Used Often – Store/retail cards may deactivate or have reduced credit limits if you don’t use them regularly. 

Looking For The Best Store Credit Cards In Canada? 

As you can see, store credit cards can have benefits and drawbacks that could make them perfect or wrong for your lifestyle. So, prior to signing any agreements, it’s important to do research and make sure you understand your potential responsibilities.        

Store Credit Card FAQs

How do you qualify for a store credit card? 

Most store credit cards don’t have strict requirements and many don’t have any income requirements. This makes store credit cards easier to qualify for than other big bank rewards credit cards.

Which store credit cards offer cash back? 

The Fido Mastercard, CIBC Costco Mastercard and the Neo Credit offer cash back instead of points. 

Can I get a store credit card with bad credit?

Store credit cards in Canada generally have lower requirements than traditional credit cards. So you may be able to qualify for 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.

1Average based on current offers at select partners. Cashback may be limited and varies by perks, offer, and partner.

Bryan Daly avatar on Loans Canada
Bryan Daly

Bryan is a graduate of Dawson College and Concordia University. He has been writing for Loans Canada for five years, covering all things related to personal finance, and aims to pursue the craft of professional writing for many years to come. In his spare time, he maintains a passion for editing, writing screenplays, staying fit, and travelling the world in search of the coolest sights our planet has to offer.

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