Best Credit Cards for Gas and EV Charging in Canada (2026 Guide)

This guide ranks cards on net yield: what you actually keep after the annual fee, spending caps, and how a purchase is coded by the merchant. We also cover how to stack a card with gas loyalty programs for extra cents off each litre.

A note on accuracy: Earn rates, caps, and welcome offers change often. Figures below come from issuer product pages reviewed on October 10, 2026. Confirm terms with the issuer before you apply. Read how we rate cards.

Key takeaways

• CIBC Dividend Visa Infinite is the top pick at 4% on gas, EV charging and groceries, on up to $20,000 a year.
• On gas alone, the 4% card needs about $500 a month to beat a no-fee 2% card. Below that, the Tangerine Money-Back card leaves you with more.
• Costco gas takes Mastercard only. The CIBC Costco Mastercard pays 3% there.
• Public EV charging is coded differently by each issuer. Check your first statement to see what rate it earned.
• Stack station programs on top. Linked cards at Petro-Canada, Shell and Esso add a few cents a litre.

How we ranked these cards

We ranked each card on the money it leaves you with on gas, using the same method as every guide on this site. Read the full methodology.

• Net value after the annual fee at three gas budgets: $200, $350 and $500 a month.
• Earn rate and cap on gas, and what happens once you pass the cap.
• Point value at the floor: BMO Rewards at about 0.67¢, Amex Membership Rewards at 1¢, PC Optimum at $10 per 10,000 points. Cash back counts at face value.
• Where it works: Costco gas takes Mastercard only, and some stations don’t take Amex.
• EV charging: whether the issuer says public charging earns the gas rate.
• Welcome offers are described but not used to rank cards.

Our top pick also looks at groceries, because the CIBC card’s 4% tier covers both.

Top Canadian gas and EV credit cards at a glance

The CIBC Dividend Visa Infinite leads on raw cash back at the pump; the PC Financial World Elite and CIBC Costco Mastercard are no-fee options worth a look if you fill up at Esso or Costco.

Scroll sideways to see all columns on smaller screens.

Rates and offers as listed on issuer pages (or the linked review where an issuer page could not be loaded) on October 10, 2026. Points values depend on how you redeem; see the travel section below.

Best premium cash back cards for gas and public EV charging

CIBC Dividend Visa Infinite: best overall for gas and EV charging

CIBC lists 4% cash back on eligible gas, electric vehicle charging, and groceries, 2% on transportation, dining, recurring payments and select travel, and 1% on everything else. The product page says there is “no limit on the total cash back you can earn,” but CIBC’s cardholder benefits guide caps the bonus rates: 4% and 2% apply to the first $20,000 a year in those categories or $50,000 in total card spending, whichever comes first. After that, purchases earn 1% until the limit resets after your December statement. This is CIBC’s current benefits guide (BG-25B); the product page doesn’t mention the cap.

• Annual fee: $120, rebated in the first year
• Income requirement: $60,000 personal or $100,000 household
• Fuel extra: Linking the card to Journie Rewards saves up to 10¢/L at participating Pioneer, Fas Gas, Ultramar and Chevron stations (see the stacking section)
• Welcome offer: Up to $350 in value, including 10% back on up to $2,000 in the first four statements, a $50 bonus for one pre-authorized payment, and the first-year fee rebate

Who it suits: Drivers who also spend heavily on groceries. Because gas and groceries share the 4% tier, the fee is easier to earn back than on a gas-only basis. If groceries are your bigger expense, our grocery credit card guide compares cards store by store.

Best suited for: Households that spend on both gas and groceries and stay under $20,000 a year in bonus categories. On gas alone, it beats a no-fee 2% card from about $500 a month.

Scotia Momentum Visa Infinite: strong for bills and groceries, not a gas leader

Scotiabank lists 4% on groceries and recurring payments and 2% on gas, electric vehicle charging, daily transit and food delivery, with 1% on everything else. Both the 4% and 2% tiers carry a $25,000 annual spend limit each, after which purchases earn 1% until the limit resets.

• Annual fee: $120 (first year waived with the current offer)
• Income requirement: $60,000 personal, or the household or asset alternatives Scotiabank lists
• Welcome offer: 15% cash back on up to $2,000 in purchases for the first 3 months, for accounts opened July 2 to November 1, 2026
• Fuel extra: Scotiabank cards get 3¢/L instant savings at Shell through the Scene+ partnership (see the stacking section)

Who it suits: Households with large subscription and utility bills. For fuel alone, it earns half of CIBC’s rate. Our recurring bills guide explains which bills actually earn the 4%.

Best suited for: Households that want 4% on groceries and recurring bills, with gas as a smaller part of their spending. At 2% on gas, it isn’t a gas card on its own.

BMO CashBack World Elite Mastercard: a Mastercard option at 3%

BMO lists 3% on gas and EV charging, 5% on groceries, 4% on transit and 2% on recurring bills. The gas tier is capped at $300 in spending per statement period, roughly $3,600 a year. The $139 fee is waived in year one.

Because it is a Mastercard, it also works at Costco gas bars, which the CIBC and Scotia Visa cards do not.

Best suited for: Mastercard users who spend up to $300 a month on gas, including at Costco if it codes as gas. Spending above $300 per statement earns 1%.

Is a 4% card worth the annual fee?

It depends on what else you put on the card. The chart compares CIBC’s 4% ($120 fee) with Tangerine’s no-fee 2% on $3,000 a year of gas, then on $3,000 of gas plus $8,000 of groceries (with Gas and Grocery as Tangerine’s 2% categories). These are illustrations, not averages.

Best travel points cards for fuel maximizers

Points cards can beat 4% cash back on gas, but only if you redeem for travel at a good value. Redeem for gift cards or merchandise and most of them fall behind.

BMO eclipse Visa Infinite: highest gas multiplier among BMO Rewards cards

The BMO eclipse Visa Infinite earns 5x BMO Rewards points on gas, plus 5x on groceries, dining and transit, and 1x on everything else. BMO Rewards points are worth about 0.67¢ each when redeemed for travel, which works out to roughly 3.35% on gas when redeemed that way.

• Annual fee: $120, waived in year one
• Caps: BMO’s benefit guide caps 5x at $20,000 a year each on gas and transit, and $6,000 a year each on groceries and dining. The caps reset every calendar year
• EV charging: BMO’s terms don’t mention it, so public charging may not earn 5x
• Welcome offer: Up to 70,000 points, earned in three spending tiers over the first year

Best suited for: Drivers who also spend on groceries, dining and transit and are happy with BMO Rewards points worth about 0.67¢ each.

American Express Cobalt: flexible points, modest gas rate

The Cobalt earns 2x Membership Rewards points on eligible gas, transit and ride share in Canada. Its strength is 5x on eats and drinks, not fuel. Membership Rewards points can be redeemed toward travel or moved to airline and hotel partners, including Aeroplan at 1:1 (minimum 1,000 points; transfers usually post within minutes).

• Fee: $15.99 a month ($191.88 a year)
• Welcome offer: 1,250 points for each month you spend $750, up to 15,000 points in year one
• Acceptance caveat: Amex is not accepted at Costco gas bars, and acceptance varies at independent stations. Carry a backup Visa or Mastercard

Best suited for: People who already use the Cobalt for food and want gas as a bonus. Keep a Visa or Mastercard for stations that don’t take Amex.

Should a fuel maximizer pick points or cash back?

Pick cash back if you want a predictable return with no redemption planning. On gas, 4% cash from CIBC beats Cobalt’s 2x and is in the range of eclipse’s best-case travel value.

Pick points if you already collect a program for flights and redeem at above-average values. In that case, use your points card for categories where it earns 5x, and put fuel on a dedicated gas card. For the full break-even maths, see cash back vs. travel points. To check whether a card’s annual fee pays off for your own spending, try our annual fee calculator.

RBC is another option. RBC Avion cards earn 20% more Avion points at Petro-Canada when linked (see the stacking section), and RBC lists the RBC ION+ Visa at 3 Avion points per dollar on gas and EV charging (see RBC’s product page).

Best no-fee credit cards for fuel and daily commutes

If your fuel spending is under about $3,000 a year, a no-fee card often nets you more than a premium one. These are the strongest $0 options.

Tangerine Money-Back Credit Card: flexible 2% on gas

Tangerine lets you pick two 2% categories, or three if your rewards go into a Tangerine Savings Account. Gas is on the list, along with Grocery, Public Transportation and Parking, Recurring Bill Payments and others. Everything else earns 0.5%. You can change categories every 90 days, and Tangerine lists no cap on 2% earnings.

• Best for: Commuters who want Gas plus Public Transportation and Parking, or Gas plus Grocery
• EV charging: Not a listed category, so public charging will likely earn 0.5%. Check your first statement to confirm
• Network: Mastercard, so it works at Costco gas
• Fuel extra: Eligible Tangerine cards get instant savings at Shell under the Scene+ partnership
• Welcome offer: 10% back on up to $1,000 in purchases in the first 60 days (max $100), for applications by November 30, 2026

Best suited for: Anyone who wants 2% on gas with no fee and no income requirement. Pair Gas with Grocery or Public Transportation as your other 2% category.

Simplii Financial Cash Back Visa: decent gas rate, strong dining rate

Simplii lists 1.5% on gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 a year combined. It pays 4% on restaurants, bars and coffee shops (up to $5,000 a year) and 0.5% on everything else.

• Best for: Drivers who also eat out often
• Watch for: The $15,000 cap is shared across four categories, so heavy grocery spending uses it up faster
• Welcome offer: Up to $100 cash back in the first 3 months, tied to spending in the 1.5% categories

Best suited for: No-fee shoppers who want a Visa with a fair gas rate and spend on the other bonus categories too.

PC Financial World Elite Mastercard: extra PC Optimum points at Esso

The PC Financial World Elite earns at least 30 PC Optimum points per litre at Esso, according to Esso. At the standard value of 10,000 points = $10, that’s about 3¢ a litre, or roughly 1.8% back when gas costs $1.65 a litre, with no annual fee. Mobil earn rates vary by station.

• Catch: It requires $80,000 personal or $150,000 household income, which is higher than many fee cards
• Network: Mastercard, so it also works at Costco gas. The extra PC Optimum points apply at Esso, so Costco fill-ups earn the card’s regular rate

Best suited for: Drivers who fill up at Esso and shop at Loblaw stores and Shoppers, and meet the income requirement.

CIBC Costco Mastercard

Covered in the Costco section below. If you have a Costco membership, its 3% at Costco gas and 2% at other gas stations and EV chargers make it a strong no-fee pick.

Best suited for: Costco members who fill up at Costco gas bars and want a no-fee Mastercard for the warehouse too.

Which gas card fits how you drive

What results look like: three households

Here’s what each card leaves you with each year on gas alone, after its regular annual fee, at our three standard monthly gas budgets. It assumes every fill-up codes as a gas station.

On gas alone, the no-fee Tangerine Money-Back card leaves you with the most until about $500 a month, where the CIBC Dividend Visa Infinite catches up. The CIBC card pulls well ahead once groceries go on it too: at $350 of gas and $900 of groceries a month, its 4% on both is worth about $480 a year after the fee, against about $300 for Tangerine with Gas and Grocery as its 2% categories. PC Financial assumes $1.65 a litre at Esso. First-year fee waivers make every fee card look better in year one.

EV charging: does it count as a gas purchase?

Cards that name EV charging on their product pages: CIBC Dividend Visa Infinite (4%), BMO CashBack World Elite (3%), Scotia Momentum Visa Infinite (2%) and CIBC Costco Mastercard (2%). After your first session on a new network, check your statement to see how it posted. Home charging is billed through your utility, so it won’t earn an EV charging rate.

For network-by-network detail on FLO, Circuit Électrique, Ivy and Tesla, see our EV charging card guide [internal link when published].

Costco gas and wholesale fuel: which Mastercards maximize savings?

Best Mastercards for Costco gas

CIBC Costco Mastercard is the simplest pick: CIBC lists 3% cash back at restaurants and Costco gas, 2% at other gas stations, EV charging stations and Costco.ca, and 1% on everything else, including in-warehouse. It requires a Costco membership. One caveat: a CIBC notice caps the EV charging tier at $5,000 a year, which isn’t mentioned on the product page. That $5,000 limit is shared with the 2% rate at other gas stations.

BMO CashBack World Elite matches 3% at the pump if Costco’s fuel transactions code as gas, and it earns 5% on groceries elsewhere. It makes sense if you want one Mastercard for everything, but the $300-per-statement gas cap limits it for heavy drivers.

Executive Membership rewards don’t cover gas

Costco’s Executive Membership 2% reward does not apply to gas purchases. Gasoline is on the exclusions list in Costco’s Executive reward terms. Your savings at the Costco pump come from the lower pump price plus your card’s earn rate.

Stacking strategies: pairing credit cards with Canadian gas loyalty programs

The biggest fuel savings come from layering three things on the same fill-up: your card’s earn rate, a linked-card discount at the pump, and the station’s own loyalty points. If you’re building a multi-card wallet around your gas card, our best credit card combinations guide shows setups that work together.

The main card-and-station pairings

Step by step: building a stack

1. Pick the station you already use most. A great stack at a station you rarely pass is worth little.
2. Join its loyalty program and scan or link your member card every time.
3. Link the matching bank card in the bank’s app or website. RBC says linking can take up to 2 business days.
4. Pay with the linked card so the pump discount and the card’s earn rate apply to the same purchase.
5. Check your statement after the first fill-up to confirm the discount and category earn posted.

Example stacks

• CIBC Dividend Visa Infinite at a Chevron or Ultramar: 4% cash back on the purchase, plus up to 10¢/L off through Journie, plus Journie points on the fill-up.
• Scotiabank card at Shell: Scene+ members earn 1 point per litre on Shell fuel. For example, the Scotiabank Gold American Express earns 3x Scene+ points per dollar on gas, on top of the 1 point per litre, plus 3¢/L off with a linked card (Scotiabank). Scotiabank is adding a further 3¢/L in ON, BC, AB, SK, MB and NT from October 5 to December 31, 2026 (Scotiabank). Scene+ points redeem at 1,000 points = $10 at Shell.
• RBC Avion card at Petro-Canada: 3¢/L off, Petro-Points on the fuel, and 20% more Avion points on the purchase.
• PC Financial World Elite at Esso or Mobil: 30 PC Optimum points per dollar from the card. Esso says PC Optimum members also earn 10 points per litre when they scan their PC Optimum card (Esso FAQ).

Watch for these limits

• Linked-card discounts usually apply only at participating, branded stations.
• Journie’s “up to 10¢/L” is 3¢/L off every fill-up with a linked CIBC card, plus 7¢/L each time you collect 300 Journie points, on up to 100 L per fill-up (CIBC).
• Amex cards may not be accepted at every station, so keep a Visa or Mastercard as backup.

Frequently asked questions

Which Canadian credit card gives the highest cash back on gas?

Among cards with a flat cash back rate, the CIBC Dividend Visa Infinite’s 4% on gas and EV charging is the highest we found on issuer pages, on up to $20,000 a year in bonus-category spending. For no-fee cards, the PC Financial World Elite (3% equivalent at Esso and Mobil) and CIBC Costco Mastercard (3% at Costco gas) lead.

Do Canadian credit cards count EV charging stations as gas station purchases?

Some do, but only when the charger codes the transaction correctly. Cards that list EV charging, such as CIBC Dividend Visa Infinite, BMO CashBack World Elite and Scotia Momentum Visa Infinite, generally rely on MCC 5552. If a network codes a charge as parking, utilities or general retail, it may earn only the base rate.

Can I use my Visa or American Express at Costco gas stations in Canada?

No. Costco gas bars in Canada take Mastercard as their only credit card, so Visa and American Express cards won’t work at the pump. Use a Mastercard such as the CIBC Costco Mastercard.

How do loyalty partnerships like RBC with Petro-Canada or CIBC with Journie Rewards work with card multipliers?

They stack. You link your bank card to the station’s loyalty program once, then pay with that card. The pump discount (3¢/L at Petro-Canada for RBC, up to 10¢/L at Journie stations for CIBC Dividend cards) applies alongside your card’s normal earn rate and the station’s loyalty points.

Is a gas credit card with an annual fee worth it?

On gas alone, the CIBC Dividend Visa Infinite covers its $120 fee at $250 a month in gas, but only beats the no-fee Tangerine card from about $500 a month. Below that, the no-fee Tangerine Money-Back card at 2% leaves you with more. If you also put groceries on the CIBC card, the fee pays off much sooner.

What is the best no-fee credit card for gas in Canada?

The Tangerine Money-Back Credit Card, at 2% when you choose Gas as one of your categories. Costco members can get 3% at Costco gas with the CIBC Costco Mastercard, and Esso drivers can earn at least 30 PC Optimum points per litre with a PC Mastercard.

What is the best credit card for Costco gas?

The CIBC Costco Mastercard, at 3% on Costco gas with no fee beyond the membership. Costco gas bars take Mastercard as their only credit card.

See what a gas card is worth for you

Our examples use set budgets, but your own driving decides the best card. Check how much you spend at the pump each month and where you fill up, then see whether a card’s annual fee pays off at that amount.

Run your numbers in our annual fee calculator, check point values with the cents per point calculator, and read cash back vs. travel points if you’re torn between the two.

To compare two cards on all your spending, not just gas, try our cash back calculator.

Related reading

• Best grocery credit cards: the shortlist
• Best no-fee credit cards: the shortlist
• Best cards for recurring bills
• All credit card reviews: reviews and best-card shortlists
• Best rewards credit cards: our top picks across every category
• Petro-Points value: what your Petro-Points are worth
• Journie Rewards: the fuel rewards program, explained
• Does Costco take Visa or Amex?: and the best card for Costco

Sources

How we checked: details were checked against issuer and retailer websites and recent Canadian credit card guides in October 2026. The links below go to official pages.

• CIBC Dividend Visa Infinite
• CIBC Costco Mastercard
• CIBC Costco EV charging notice (PDF)
• Scotia Momentum Visa Infinite
• BMO CashBack World Elite Mastercard
• American Express Cobalt Card
• Tangerine Money-Back Credit Card
• Tangerine press release: Shell joins Scene+
• Simplii Financial Cash Back Visa
• Visa: FAQs about using MCC 5552 (PDF)
• BMO eclipse Visa Infinite benefit guide (PDF)
• CIBC: Journie gas rewards
• Avion Rewards: Petro-Canada partnership
• RBC ION+ Visa
• Esso: PC Optimum FAQ
• Scotiabank: Fuel and Save at Shell
• Costco: Executive Membership 2% reward terms
• Scotiabank: Scene+ at Shell
• RBC ION+ Visa benefits guide (PDF)