The table below compares credit cards issued with a retailer’s name by annual fee, what each earns at its store and elsewhere, and the minimum income its provider states. Whether a store’s own card pays off against a general card depends on how much of the spending goes to that store; the worked example below finds the share at which the two come out even. Checkout and welcome offers on store cards are left out here; how welcome offers work is explained in credit card sign-up bonuses.
Store credit cards compared
The CIBC Costco Mastercard is CIBC’s card, the Amazon.ca Rewards Mastercard’s statements are issued by MBNA, and the two Walmart Rewards cards are issued by Fairstone Bank of Canada.
| Card | Provider | Network (and tier, where the provider names one) | Annual fee | At the retailer rate | Everything else rate | Minimum income |
|---|---|---|---|---|---|---|
| CIBC Costco Mastercard | CIBC | Mastercard | $0 | 1% cash back on all other purchases including at Costco | 1% cash back on all other purchases including at Costco | $15,000 annual income |
| Amazon.ca Rewards Mastercard | MBNA | Mastercard | $0 | 2.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores for eligible Prime members | 1% back on eligible purchases everywhere else Mastercard is accepted | None stated; Canadian resident of the age of majority |
| Walmart Rewards Mastercard | Fairstone Bank of Canada | Mastercard | $0 | 3% in Walmart Reward Dollars at Walmart stores in Canada and on Walmart.ca (before tax; 1% on Accès pharma chez Walmart purchases in Quebec and on Klarna purchases) | 1% in Walmart Reward Dollars everywhere else (after tax) | – |
| Walmart Rewards World Mastercard | Fairstone Bank of Canada | Mastercard, World | $0 | 3% in Walmart Reward Dollars at Walmart stores in Canada and on Walmart.ca (before tax; 1% on Accès pharma chez Walmart purchases in Quebec and on Klarna purchases) | 1% in Walmart Reward Dollars everywhere else (after tax) | Eligibility for a premium card may be based on personal and/or household income with credit history and other financial information |
A dash means this table shows no figure for that card. Welcome offers, first-year fee waivers and fee rebates tied to a bank account, banking package, profession or another card are not included.
PC Financial’s Mastercards earn PC Optimum points, and a Triangle Mastercard cardmember collects CT Money on almost everything at the stores Canadian Tire Bank lists. They are named here without figures; Canadian Tire Bank lists its cards on its own page.
CIBC Costco Mastercard
- Annual fee
- $0
- Additional card
- $0 (up to 3)
- Earns
- 3% restaurants and Costco gas, 2% other gas/EV charging and Costco.ca, 1% everything else including at Costco (gas rates on the first $5,000 a year in the gas category, Costco.ca on the first $8,000 a year, then 1%)
- At the retailer
- 1% cash back on all other purchases including at Costco
- How cash back is paid
- Cash back is paid once a year as a cash back gift certificate issued in January for the previous calendar year, redeemable only at Costco warehouses in Canada. Only the primary cardholder receives it.
- Minimum income
- $15,000 annual income
- Network
- Mastercard
Provider's page for this card: CIBC Costco Mastercard
At Costco warehouses this card earns its everything-else rate; its higher rates apply at Costco gas stations and restaurants, and at other gas stations, EV charging stations and Costco.ca. The gas and Costco.ca rates each stop at a yearly purchase amount, then drop to the base rate, and the limits reset on January 1. Which cards Costco accepts is on best Mastercards, and the card’s review covers it in full.
Amazon.ca Rewards Mastercard
- Annual fee
- $0
- Earns
- 2.5% back at Amazon.ca and Whole Foods Market for eligible Prime members (1.5% without Prime), 1% on other eligible purchases (eligible Prime members: 2.5% on foreign currency transactions)
- At the retailer
- 2.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores for eligible Prime members
- How cash back is paid
- Points earned are redeemed for Amazon.ca gift cards, which Amazon loads to the cardholder's Amazon.ca account; an open Amazon.ca account in good standing is required, and Prime membership status of the linked account sets the earn rate.
- Points value
- 100 points = $1 under the Amazon.ca Rewards Mastercard program terms, when redeemed as those terms set out.
- Minimum income
- None stated; Canadian resident of the age of majority
- Network
- Mastercard
Provider's page for this card: Amazon.ca Rewards Mastercard
This card’s store rate covers eligible purchases at Amazon.ca and Whole Foods Market stores, and the higher of its two store rates is for eligible Prime members. Its points are redeemed for Amazon.ca gift cards that Amazon loads to the cardholder’s Amazon.ca account. The Amazon.ca section compares it with general cards.
Walmart Rewards Mastercard
- Annual fee
- $0
- Earns
- 3% Walmart Reward Dollars at Walmart and Walmart.ca (1% on Accès pharma chez Walmart purchases in Quebec and on Klarna purchases), 1% everywhere else
- At the retailer
- 3% in Walmart Reward Dollars at Walmart stores in Canada and on Walmart.ca (before tax; 1% on Accès pharma chez Walmart purchases in Quebec and on Klarna purchases)
- How cash back is paid
- Walmart Reward Dollars are redeemed on a later eligible purchase at Walmart (in store or on Walmart.ca), with a $5.00 minimum and in $5.00 increments. They have no cash value.
- Points value
- Walmart Reward Dollars are redeemed in $5.00 increments (minimum $5.00 worth) at the dollar value stated in Reward Dollars.
- Network
- Mastercard
Provider's page for this card: Walmart Rewards Mastercard
This card earns Walmart Reward Dollars: its store rate applies to eligible purchases, before tax, at Walmart stores in Canada and on Walmart.ca, and its base rate to eligible purchases, after tax, everywhere else. Purchases made through the Accès pharma chez Walmart banner (Quebec only) and Klarna purchases earn 1% in Walmart Reward Dollars instead. Reward Dollars are redeemed in set dollar steps and have no cash value.
Walmart Rewards World Mastercard
- Annual fee
- $0
- Earns
- 3% Walmart Reward Dollars at Walmart and Walmart.ca (1% on Accès pharma chez Walmart purchases in Quebec and on Klarna purchases), 1% everywhere else
- At the retailer
- 3% in Walmart Reward Dollars at Walmart stores in Canada and on Walmart.ca (before tax; 1% on Accès pharma chez Walmart purchases in Quebec and on Klarna purchases)
- How cash back is paid
- Walmart Reward Dollars are redeemed on a later eligible purchase at Walmart (in store or on Walmart.ca), with a $5.00 minimum and in $5.00 increments. They have no cash value.
- Points value
- Walmart Reward Dollars are redeemed in $5.00 increments (minimum $5.00 worth) at the dollar value stated in Reward Dollars.
- Minimum income
- Eligibility for a premium card may be based on personal and/or household income with credit history and other financial information
- Network
- Mastercard, World
Provider's page for this card: Walmart Rewards World Mastercard
This is the World Mastercard version, a separate card also issued by Fairstone Bank of Canada. Its provider’s disclosure says eligibility for a premium card may be based on factors such as personal and/or household income, credit history and other financial information.
When is a store’s own card worth it?
The Amazon.ca and Walmart cards’ top rates are tied to their stores, so a general card with a flat rate above a store card’s base rate can come out ahead once enough spending goes elsewhere. The example below uses a no-fee card with a flat rate on other purchases, since that is the case where the share of store spending decides; general no-fee cards are ranked on a full month of assumed spending on the no-fee cash back ranking.
At what share of spending does the store card pull ahead? The spending here is made up for the arithmetic; the rates are each card’s own. Compare the Amazon.ca Rewards Mastercard, at its Prime rate of 2.5% at Amazon.ca and 1% elsewhere, with the Rogers Red World Elite Mastercard at 1.5% on other purchases without a Rogers service; neither charges an annual fee, and Prime’s own cost is not counted. Over 12 months:
- With $100 a month at Amazon.ca and $1,400 elsewhere, the Amazon.ca card returns $198 a year and the Rogers card $270, so the store card returns $72 less.
- With $600 a month at Amazon.ca and $900 elsewhere, the Amazon.ca card returns $288 and the Rogers card $270, so the store card returns $18 more.
The two cards come out even when the share of spending at Amazon.ca is the general card’s rate minus the store card’s everything-else rate, divided by the store card’s two rates’ difference: about 33% at these rates. Above that share the store card returns more; below it, the general card does.
Best credit card for Amazon.ca
The table assumes $200 a month at Amazon.ca and no other spending: $0 on groceries, $0 on gas, $0 on dining, $0 on recurring bills, $0 on transit, $0 at drugstores, $0 on travel and $0 on all other purchases. Each general card’s Amazon.ca purchases are valued at its rate for other purchases, and the Amazon.ca card at its rate without Prime: 1.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores without a Prime membership.
| Card | At the retailer rate | Everything else rate | Annual fee | Yearly value at the assumed spending, after the fee |
|---|---|---|---|---|
| Amazon.ca Rewards Mastercard | 2.5% back on eligible purchases at Amazon.ca and Whole Foods Market stores for eligible Prime members | 1% back on eligible purchases everywhere else Mastercard is accepted | $0 | $36, tied |
| Rogers Red World Elite Mastercard | – | 1.5% cash back on other eligible purchases without a qualifying Rogers, Fido, Shaw or Comwave service | $0 | $36, tied |
| SimplyCash Card from American Express | – | 1.25% cash back on everything else, with no limit on the cash back earned | $0 | $30 |
| Rogers Red World Mastercard | – | 1% cash back on other eligible purchases without a qualifying Rogers, Fido, Shaw or Comwave service | $0 | $24, tied |
| Capital One Quicksilver World Elite Mastercard | – | 1% cash back everywhere else | $0 | $24, tied |
| Capital One Quicksilver World Mastercard | – | 1% cash back everywhere else | $0 | $24, tied |
| Rogers Red Mastercard | – | 1% cash back on other eligible purchases without a qualifying Rogers, Fido, Shaw or Comwave service | $0 | $24, tied |
| BMO CashBack Mastercard | – | 0.5% cash back on all other purchases | $0 | $12, tied |
| TD Cash Back Visa Card | – | 0.5% cash back on all other purchases | $0 | $12, tied |
| CIBC Dividend Visa Card | – | 0.5% cash back on all other purchases | $0 | $12, tied |
| Scotia Momentum No-Fee Visa Card | – | 0.5% cash back on all other purchases | $0 | $12, tied |
| RBC Cash Back Mastercard | – | 0.5% cash back on all other purchases, unlimited | $0 | $12, tied |
| Scotia Momentum Visa Card | – | 1% cash back on all other purchases | $49/year | -$25 |
| SimplyCash Preferred Card from American Express | – | 2% cash back on everything else, with no limit on the cash back earned | $9.99/mo outside Quebec; $119/year in Quebec | -$72 |
| CIBC Dividend Platinum Visa Card | – | 1% cash back on all other purchases | $99/year | -$75 |
| CIBC Dividend Visa Infinite Card | – | 1% cash back on all other purchases | $120/year | -$96, tied |
| Scotia Momentum Visa Infinite+ Card | – | 1% cash back on all other purchases | $120/year | -$96, tied |
| RBC Cash Back Preferred World Elite Mastercard | – | 1% cash back on all other purchases, unlimited | $120/year | -$96, tied |
| TD Cash Back Visa Infinite Card | – | 1% cash back on all other purchases | $139/year | -$115, tied |
| BMO CashBack World Elite Mastercard | – | 1% cash back on all other purchases, with no limit on total cash back | $139/year | -$115, tied |
| Neo World Elite Mastercard | – | 1% cash back on everything else | $149/year | -$125 |
| Wealthsimple Visa Infinite+ / Visa Infinite Privilege credit card | – | 2% cash back on net purchases, no categories | $20/mo unless waived (Quebec clients are charged annually) | -$192 |
| Simplii Financial Cash Back Visa Card | – | 0.5% cash back on all other purchases, with no limit on how much you can earn | $0 | – |
A dash means this table shows no figure for that card. Yearly values use the spending assumed above and each card's published rates and caps. Welcome offers, first-year fee waivers and fee rebates tied to a bank account, banking package, profession or another card are not included.
With an eligible Prime membership, the Amazon.ca card’s store rate gives $60 a year at the same spending. Without Prime, among the cards with a yearly value, first place at this spending goes to Amazon.ca Rewards Mastercard and Rogers Red World Elite Mastercard, tied. Points from the card go to Amazon.ca gift cards, and the card needs an Amazon.ca account that is open and in good standing.
Shopping online with a credit card
What a card’s purchase protection and extended warranty cover is explained in the credit card insurance guide. How to dispute a charge for an online order that goes wrong is on how to dispute a credit card charge.
How this comparison works
Store cards here are cards a provider issues with a retailer’s name, listed rather than ranked. Yearly values appear in the two worked sections, each on its own stated spending. Cards whose figures aren’t confirmed are named without figures. The full method is in how we rank cards.
Related rankings
- Best credit cards for groceries: grocers’ own cards beside the grocery ranking.
- Best cash back credit cards: the general cards a store card is measured against.
- Best Mastercards: which cards Costco says it takes.
- CIBC Costco Mastercard review and Triangle World Elite Mastercard review: the two store cards with their own reviews.
- How to choose a credit card: the steps before picking a card.
Sources
The figures and rules on this page come from these sources, last checked against them on October 26, 2026. How we check facts.
- americanexpress.com: Simply cash preferred
- americanexpress.com: Simply cash
- BMO: BMO CashBack Mastercard: Up to 3% Cash Back – BMO Canada
- BMO: Bmo cashback world elite mastercard
- capitalone.ca: Quicksilver world elite mastercard
- capitalone.ca: Quicksilver world mastercard
- CIBC: Costco mastercard
- CIBC: Dividend visa infinite card
- CIBC: Dividend visa platinum card
- CIBC: Dividend visa card
- ctfs.com: Credit cards
- mbna.ca: Amazon rewards mastercard
- media.ctfs.com: 6356 CTB CMA Online 2024 EN
- neofinancial.com: Neo world elite mastercard
- RBC: Rbc cashback mastercard
- RBC: Rbc preferred world elite mastercard
- rogersbank.com: Rogers red worldelite mastercard details
- rogersbank.com: Rogers red world mastercard details
- rogersbank.com: www.rogersbank.com
- rogersbank.com: Rogers red mastercard details
- Scotiabank: Scotia Momentum® Visa Infinite +* Card | Scotiabank Canada
- Scotiabank: Momentum cash back card
- Scotiabank: Momentum no fee card
- simplii.com: Simplii Financial Cash Back Visa Card | Simplii Financial
- TD: 12281 5a cashback infinite roc e 05 a2 final en
- TD: TD Cash Back Visa Infinite* Card | TD Canada Trust
- TD: Apply for a TD Cash Back Visa* Card | TD Canada Trust
- walmartrewards.ca: www.walmartrewards.ca
- wealthsimple.com: Credit card