BMO
BMO CashBack World Elite Mastercard
4.5·Big grocery spenders who want the highest cash back rate
- Annual fee
- $120/yr
- Welcome bonus
- ~$260
- Top reward
- 5% groceries
- Highest headline grocery cash-back rate in Canada
- Strong transit and gas categories
Top pickcash back
TD Cash Back Visa Infinite Card review
4.1Rated by the CreditCardGuru Editorial Team
One of Canada's top cash back cards thanks to broad 3% categories and the included TD Auto Club membership — just make sure your spending justifies the fee.
At a glance
- Annual fee
- $139
- Welcome bonus
- ~$489
- Foreign tx fee
- 2.5%
- Network
- VISA
- Rewards
- cash back
- Purchase APR
- 21.99%
Rewards & earn rates
| Groceries | 3% |
| Gas & EV charging | 3% |
| Public transit | 3% |
| Recurring bill payments | 3% |
| Streaming, digital gaming & media | 3% |
| All other purchases | 1% |
Welcome offer: 10% cash back on bonus-eligible purchases in the first 3 months (up to $3,500 spend, worth $350) plus a first-year annual fee rebate ($139); TD values the full offer at up to $600. (10% rate applies to the first $3,500 in bonus-eligible purchases within 3 months; first purchase within 3 months for the fee rebate).
Pros & cons
Pros
- Strong 3% earn across five everyday categories
- Free roadside assistance is a rare, genuinely useful perk
- Simple redemption toward your balance anytime
Cons
- $139 annual fee after year one
- Only 10 days of travel medical coverage
Perks & insurance
Key perks
- Free Deluxe TD Auto Club membership (24/7 roadside assistance)
- Visa Infinite Concierge, Luxury Hotel Collection and Dining Series
- Minimum 10% off Avis and Budget car rentals in Canada/US
- Redeem cash back anytime toward your balance
- Cash Back Dollars never expire
Insurance
- Travel emergency medical (up to $2M, 10 days under age 65)
- Delayed and lost baggage (up to $1,000/person)
- Auto rental collision/loss damage
- Purchase security and extended warranty
- Mobile device insurance
- Emergency travel assistance services
Rates & fees
- Annual fee
- $139
- Purchase interest
- 21.99%
- Cash advance
- 22.99%
- Foreign transactions
- 2.5%
- Min. personal income
- $60,000
First year rebated with current offer; rebated annually with a TD All-Inclusive Banking Plan.
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
Similar cards to consider
Top pickCIBC
CIBC Dividend Visa Infinite Card
4.5·Households with heavy grocery and gas spend who want maximum cash back.
- Annual fee
- $120/yr
- Welcome bonus
- ~$350
- Top reward
- 4% groceries
- 4% on gas and groceries is among the highest in Canada
- Strong 2% middle tier covers dining, transit and bills