You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $211.
- Annual Fee
- $89
- Rewards rate
- 1x
- Welcome Bonus
- —
- 1st Year Value
- $211
Cash Back
Pros
- Simple and straightforward
Cons
- No welcome bonus
- Requires good credit
Costco Canada accepts Mastercard only. Compare the Mastercards that earn the most on everyday 'other' purchases — at the warehouse and everywhere else.
You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $211.
Cash Back
It comes with a welcome bonus of 60,000 miles. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $930.
Cathay Asia Miles
The BMO VIPorter World Elite® Mastercard® offers a first year annual fee rebate (regular fee $199/yr). It comes with a welcome bonus of 70,000 points. You earn 2x on groceries and 2x at restaurants. Estimated first-year value is $1,734.
Porter VIPorter
Ends Oct 31, 2026
It comes with a welcome bonus of 70,000 points. You earn 2x on groceries and 1.5x at restaurants. Estimated first-year value is $1,071.
WestJet Rewards
Ends Nov 4, 2026
The Rogers Red World Elite® Mastercard has no annual fee, making it risk-free to hold. You earn 1.5x on groceries and 1.5x at restaurants. Estimated first-year value is $450.
Cash Back
Compare the best credit cards in Canada or calculate which card's rewards actually fit your budget.