Best Store Credit Cards in Canada
Store credit cards reward brand enthusiasts and devoted shoppers. While you can usually use these co-branded cards anywhere, the highest rewards rates are often reserved for dollars spent at the retailer affiliated with the card.
Summary of the best store credit cards in Canada
| Card | NerdWallet rating | Annual fee | Interest rates | Rewards rate |
|---|---|---|---|---|
| Tims Credit Card | ||||
 | 3.2/5 | $0 | 20.99%-25.99%/22.99%-27.99% | 0.5x-15x Points |
| Triangle™ World Elite Mastercard® | ||||
 | 4.6/5 | $0 | 19.99%/22.99% | 1%-4% |
| CIBC Costco®† Mastercard® | ||||
 | 5.0/5 | $0 | 20.75%/22.49% | 1%-3% |
Best store credit cards in Canada
Rewards breakdown
Rewards breakdownPoints at Tim Hortons Restaurants when you scan for Tims® Rewards.
Points on groceries.
Points on gas & EV charging.
Points on transit, taxi & rideshare.
Points everywhere else.
NerdWallet's take
NerdWallet's takeWith a variety of ways to earn points, this card is sure to entice Timmies enthusiasts. Tims Rewards Points can only be redeemed for food and drink at Tim Hortons restaurants, though, and insurance coverage is pretty bare bones. Still, this card is a solid play for Tims Rewards Points collectors. Best for: Tim Hortons patrons.
Pros
- No annual fee.
- Earn up to 15 Tims Rewards Points per eligible dollar spent.
Cons
- Points can only be redeemed at Tim Hortons restaurants.
- Limited insurance coverage.
- Interest rates as high as 26.99%.
Card details
Card details- Earn Tims Rewards Points on everyday purchases with no annual fees.
- With the Tims Credit Card, you’ll earn points everywhere you shop and get 5 points per $1 on groceries, gas, EV charging, and transit (including taxis and ridesharing). Plus, earn 15 points per $1 at Tim Hortons restaurants when you scan for Tims® Rewards.
- Use your points to get free coffee and other menu items from Tims.
- Get up to $10 back when you use a Tims Credit Card to tap and pay on PRESTO devices for your Monday rides in the Greater Toronto and Hamilton areas.
- Use your Tims Credit Card to stream the latest originals from Crave™, HBO and HBO Max, with exclusive access to the entire HBO library, and the biggest Hollywood blockbusters.
- 24-hour TimBot chat support and live team members available 9 a.m. – 10 p.m. EST.
- Extend the manufacturer's warranty for most items purchased on your Tims Credit Card for up to one year. Repair, replace or get reimbursed up to $1,000 per incident.
- Most items purchased with your Tims Credit Card can be repaired, replaced, or reimbursed up to $1,000 per incident. Protection is valid for 90 days after your purchase.
- Terms and conditions apply.
Rewards breakdown
Rewards breakdownCT Money at Canadian Tire or its affiliate stores.
CT Money at grocery stores (on the first $12,000 per year, 1% after that).
CT Money everywhere else.
NerdWallet's take
NerdWallet's takeIf you spend big regularly at Canadian Tire, stop scrolling — earn 4% back at the retail giant, 3% back at grocery stores and 1% on everything else. You also get access to rental car coverage, gas discounts and roadside assistance, with no annual fee. But the steep $80,000 minimum income requirement may disqualify some users. Best for: High earners who spend big at Canadian Tire.
Pros
- No annual fee.
- Rental car insurance.
- Roadside assistance.
Cons
- $80,000 minimum income requirement.
- Top 4% earn rate is for CT stores only.
Card details
Card details- Collect 3% in Canadian Tire Money on the first $12,000 spent at eligible grocery stores per year and 1% on eligible grocery purchases after that.
- Collect 4% in Canadian Tire Money on qualifying purchases at Canadian Tire, Sport Chek, Mark’s, L’Équipeur, Party City, Pro Hockey Life, Atmosphere, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey, and participating Sports Experts stores.
- Collect 7 cents in Canadian Tire money per litre of premium fuel, and 5 cents per litre on all other fuel types purchased at Gas+/Essence+ locations.
- Canadian Tire Money can be redeemed at Canadian Tire, Sport Chek, Atmosphere, Sports Rousseau, Hockey Experts, L’Entrepot du Hockey and participating Mark’s/L’Equipeur and Sports Experts stores.
- No fee, no interest financing on qualifying purchases of $150 or more at participating stores. Conditions apply.
- No-receipt returns at participating stores.
- Access to member-only events and personalized offers.
- Priority queuing when calling the Triangle call centre.
- Enrollment in the Triangle World Elite Mastercard Roadside Assistance Gold Plan, which includes 5 service calls per year and unlimited tows to any Canadian Tire Auto Service Centre within towing limits.
- Car rental collision/loss damage waiver insurance.
- Extended warranty insurance for eligible purchases.
- Eligibility: Must be a Canadian resident and the age of majority in the province/territory of residence.
- No annual fee.
- No fee for obtaining a supplementary card on the same account.
- Interest rates: 19.99% on purchases, 22.99% on cash transactions (21.99% in Quebec).
Rewards breakdown
Rewards breakdownCash back at restaurants.
Cash back at Costco gas.
Cash back at other gas stations.
Cash back at Costco.ca.
Cash back on all other purchases including at Costco.
NerdWallet's take
NerdWallet's takeThis no-annual-fee Costco card offers 3% back on restaurants and Costco gas, 2% back on Costco.ca purchases and a flat 1% back everywhere else. You’d imagine this card’s highest cash-back rate would apply to Costco warehouse purchases, but you’d be wrong. Costco regulars may want to consider other cash-back cards that reward in-store purchases. Best for: Costco members who want a card that boosts dining and fuel spend and don’t mind redeeming cash-back rewards in-warehouse.
Pros
- No annual fee.
- Cash-back rates of up to 3%.
Cons
- Cash back can only be redeemed at Costco.
- Eligibility requires an active Costco membership.
Card details
Card details- 3% cash back at restaurants and at Costco gas.
- 2% cash back at other gas stations and at Costco.ca.
- 1% cash back on all other purchases, including at Costco.
- No annual fee.
- Pay for purchases of $100 or more with CIBC Pace It low-rate Installment Plans, spreading payments over a fixed term. Take advantage of special Installment Plan interest rates with no installment fees on eligible Costco purchases in Canada and at Costco.ca.
- Make quick and secure payments using Apple Pay®, Google Pay™ and Samsung Pay® when you add your new card to your mobile wallet.
- Redeem your annual cash back gift certificate at any Canadian Costco warehouse.
- Get 0.25% cash back for every $1 spent on a CIBC Global Money Transfer™. There are no transaction fees, and interest won’t be charged, as long as the balance is paid by the payment due date.
- Preferred rates: 19.75% for purchases, 21.49% for cash advances.
- To be eligible, you must have a Canadian credit file and be a Canadian resident of the age of majority in the province or territory where you live. You must also have a valid Costco Wholesale membership.
- The information for the CIBC Costco®† Mastercard® has been collected independently by NerdWallet. The card details on this page have not been reviewed or provided by the card issuer.
Rewards breakdown
Rewards breakdownCash back on Amazon.ca and Whole Foods Market store purchases for Prime members (1.5% for non-Prime members).
Cash back on eligible foreign currency transactions (1.5% for non-Prime members).
Cash back everywhere else Mastercard is accepted.
NerdWallet's take
NerdWallet's takeA no-fee Amazon-branded card that’s ideal for Prime members: get 2.5% back at Amazon.ca and Whole Foods, plus 2.5% back on international purchases to help offset the card’s 2.5% foreign exchange fee. Rewards are redeemable for Amazon.ca gift cards — convenient, but as far as reward redemptions are concerned, a less flexible option than cash back. Best for: Amazon.ca Prime members and Whole Foods shoppers who value simple, at-checkout rewards.
Pros
- No annual fee.
- Up to 2.5% back at Amazon.ca & Whole Foods.
- 2.5% back on foreign-currency purchases.
Cons
- Non-Prime reward rates drop to 1.5% at Amazon.ca and Whole Foods, and 1% on foreign-currency purchases.
- Rewards can only be redeemed on Amazon.ca.
Card details
Card details- Earn 5% back on your first $3,000 in eligible purchases at Amazon.ca, Whole Foods Market stores, grocery stores, and restaurants.
- Earn rewards on eligible purchases at Amazon.ca — including Whole Foods Market stores in Canada.
- After the welcome offer ends, eligible Prime members get 2.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores.
- Eligible Prime members always get 2.5% back on eligible foreign currency transactions to help cover foreign transaction fees.
- After the welcome offer ends, non-Prime members get 1.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores. Always get 1% back on eligible foreign currency transactions to help cover foreign transaction fees.
- Receive 1% back on eligible purchases everywhere else Mastercard is accepted.
- Rewards can be redeemed at Amazon.ca and applied directly to eligible Amazon.ca items.
- No annual credit card fee.
- The MBNA Payment Plan can make it more convenient to pay for large purchases and manage a budget. Pay for eligible credit card purchases of $100 or over by making monthly payments. Choose from three Payment Plan terms: 6, 12 or 18 months. Conditions and fees apply.
- Preferred rates: 19.99% for purchases, 22.99% for cash advances.
- To be eligible, you must have a Canadian credit file and be a Canadian resident of the age of majority in the province or territory where you live.
Rewards breakdown
Rewards breakdownPoints per $1 spent at Hudson’s Bay stores and thebay.com
Points per eligible $1 spent everywhere else.
NerdWallet's take
NerdWallet's takeThe Hudson’s Bay Mastercard is a no-fee credit card that earns both points and cash back — an uncommon combination that sets it apart from competitors. Card perks, like boosted cash-back rates, insurance coverage, wellness perks and more, are available for a monthly fee.
Pros
- No annual fee.
- Earns rewards points and cash back.
- Customizable card perks.
Cons
- Rewards points can only be redeemed for Hudson’s Bay purchases.
- No built-in insurance coverage.
Card details
Card details- No annual fees.
- Use your Hudson’s Bay Mastercard in store and at thebay.com and get double the Rewards points—up to 4 Rewards points on almost every $1 you spend.
- Earn 2 Rewards points on almost every $1 you spend outside of Hudson’s Bay stores.
- Your Hudson’s Bay Rewards points can be redeemed instantly at Hudson’s Bay stores and thebay.com.
- Earn even more through member-only exclusive offers, events and specials throughout the year.
- Earn an average of 2% cash back at thousands of local and national Neo Financial partners and businesses, including most major gas and grocery stores, restaurants, gyms, coffee shops, and more.
- Access boosted cash back, insurance coverage, and other exclusive perks by adding reward perks for gas & groceries, travel, wellness, and more to your card.
- Manage your card right from the Neo app, freeze or replace your card, get proactive alerts and notifications in real time, and more. In addition to your physical card, you can add your card to Apple Pay or Google Pay to make contactless payments with your smartphone.
- Terms and conditions apply.
Rewards breakdown
Rewards breakdownPoints per $1 at Shoppers Drug Mart stores.
Points per $1 at Loblaw banner grocery and Joe Fresh stores.
Points per $1 everything else.
NerdWallet's take
NerdWallet's takeWith accelerated earn rates at Loblaws grocery stores, Shoppers Drug Mart stores and Joe Fresh stores, frequent shoppers can rack up the rewards. But the $80,000 minimum income requirement may exclude some users. Best for: Frequent Loblaw shoppers who spend big in partner stores.
Pros
- Free PC Express grocery delivery and pickups.
- Some travel insurance included.
Cons
- Higher earn rates are only available at certain stores.
- Steep $80,000 minimum income requirement for individuals, or $150,000 per household.
Card details
Card details- $120 annual fee.
- Earn 50 PC Optimum points per $1 at Shoppers Drug Mart stores, 40 points per $1 at Loblaw banner grocery and Joe Fresh stores, 10 points per $1 everywhere else, plus 7¢ per litre in points at Esso and Mobil stations in Canada.
- Travel emergency medical insurance included.
- Rental car coverage included.
- Additional cardholders are free.
- Mastercard Global Services replaces your card or offers a cash advance in emergencies.
- Unlimited free online grocery delivery and pickups (and complimentary PC Express Pass (valued at $99.99 per year).
Rewards breakdown
Rewards breakdownCash back in Walmart Reward Dollars on every $1 spent at Walmart.ca.
Cash back in Walmart Reward Dollars on every $1 spent at gas stations.
Cash back in Walmart Reward Dollars on every $1 spent at Walmart stores.
Cash back in Walmart Reward Dollars on all other purchases.
NerdWallet's take
NerdWallet's takeThis card is designed to reward Walmart shoppers — both in-store and online — who want to maximize the value of money spent at this popular superstore. Cardholders earn Walmart Reward Dollars on everyday purchases and gain access to valuable perks, like six free months of Walmart Delivery Pass. Best for: Walmart regulars.
Pros
- No annual fee.
- Earn up to 3% on every eligible $1 spent.
Cons
- Interest rates as high as 26.99%.
- High $80,000 annual household income requirement.
- No travel insurance.
Card details
Card details- Walmart Rewards Mastercard® has no annual fee and lets you easily spend your Walmart Reward Dollars like cash on your choice of virtually anything Walmart sells online and in store.
- You can earn Walmart Reward Dollars by using your Walmart Rewards Mastercard® or your Walmart Rewards World Mastercard® with every purchase you make on the card.
- Walmart Reward Dollars can be redeemed at Walmart stores in Canada and online at Walmart.ca. You can redeem Walmart Reward Dollars in $5 increments for virtually anything Walmart sells.
- Boingo Wi-Fi for Mastercard — access to over 1 million hotspots worldwide — all at no added cost, and no added fees or roaming charges.
- Purchase Assurance Protection against theft, loss or damage in the first 90 days on eligible purchases made on your card from the date of purchase.
- Extended Warranty Protection which doubles the manufacturer’s regular repair services warranty for up to an additional warranty year on eligible purchases made on your card.
- Existing Walmart Rewards Mastercard® cardholders can qualify for the World card by spending $15,000 or more on their card in the previous 12 months.
- New applicants for a Walmart Rewards Mastercard® will be eligible for the World card if they have an annual household income of $100,000 or more. Standard credit and other approval criteria apply.
Methodology
BACK TO TOPGuide to store credit cards in Canada
Numerous retailers in Canada have co-branded store credit cards with brand-specific rewards. You can shop elsewhere with these cards, but expect the most attractive rewards rates on dollars spent with the co-branded retailer.
What is a store credit card?
Store credit cards have an affiliation with a specific company. These co-branded cards are designed to reward brand enthusiasts by earning points associated with an in-house rewards program, like Tims Reward Points or Canadian Tire Money. Or, they may offer a more generic reward, like cash back, with higher earn rates reserved for dollars spent at their respective establishments.
Which stores have credit cards in Canada?
Whether they earn in-house points or offer programs designed to reward loyal shoppers, there are numerous retailers in Canada with credit cards, including:
Amazon.
Canadian Tire.
Costco.
Home Depot.
Hudson’s Bay.
Loblaw.
Tim Hortons.
Walmart.
Benefits of store credit cards
Some of the perks associated with store credit cards include:
No annual fees. Many store credit cards in Canada are available without an annual fee.
Exclusive offers. You can take advantage of cardholder-exclusive store discounts and personalized special offers.
Store rewards. Co-branded credit cards earn points for in-house rewards programs on each eligible dollar spent.
Drawbacks of store credit cards
Be wary of these potential store credit card drawbacks:
Higher interest rates. Some co-branded credit cards carry higher interest rates than cards from traditional financial institutions.
Less insurance coverage. Extended warranty and purchase protection come standard on many store cards but rental car, mobile device and travel insurance are less common.
Frequently asked questions
If I shop at multiple stores, should I get multiple store credit cards?
In general, opening new lines of credit too frequently can have a negative affect on your credit score. So while there’s nothing wrong with holding multiple store cards — especially if they have no annual fee — it’s best to space out your applications.
If you’re trying to decide between two store credit cards, like, say, the Amazon card versus Costco card, you’ll want to carefully consider the perks for each one, as well as how frequently you shop at the stores.
Do store credit cards hurt your credit?
Any type of credit card has the potential to impact your credit. Practicing responsible credit card habits, like intentional spending, paying your card balance in full and keeping your credit utilization ratio below 30%, can help improve your credit score over time.
What’s the most popular store credit card?
The most popular store credit cards in Canada tend to be for the country’s most visited retailers. Loblaws, Costco and Walmart, for instance, are among some of the most popular big-box stores, and Amazon is an extremely popular online retailer. The Apple Card has also been coveted by many Canadians but is unfortunately only available in the U.S. currently.
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