Compare Credit Cards for October 2020

Compare rewards, cash back, low interest, balance transfer, secured cards and more.


NameRewardPurchase Interest RateCash Advance RateAnnual Fee
Receive 1% cash back on payments made at gas stations, supermarkets, pharmacies and recurring bill payments.

7.99%

22.99%

$0

Details
Earn 1.5% cash back per $1 spent at Shell stations in Canada and 0.5% on everything else.

19.99%

22.99%

$0

Details
Earn 4% Money-Back Rewards in three categories of your choice such as groceries, dining, petrol and more. Ends January 31, 2020.

19.95%

19.95%

$0

Details
Get 1% cash back on purchases made at gas stations, grocery stores and drug stores, and on recurring bill payments, plus an additional 0.5% cash back on all other spend.

7.99%

22.99%

$0

Details
Earn 4% Money-Back Rewards in up to 3 categories of your choice. Offer ends January 31, 2020.

19.95%

19.95%

$0

Details
Earn 1% cash back on all other purchases. No caps, no limit.

19.99%

22.99%

$0

Details
Get up to 5% in GM Earnings on your initial spend of $5,000 in the first year, and 2% thereafter.

19.99%

22.99%

$0

Details
Earn 1% cash back on all other purchases. No caps, no limit.

19.99%

22.99%

$0

Details
Earn 1.5% cash back on all purchases. No cap and no limit.

19.99%

22.99%

$0

Details
Get 3% cash back per $1 spent at Shells stations, 1.25% cash back on all other spend.

19.99%

22.99%

$79

Details
Earn 4% cash back per $1 spent on groceries & recurring bill payments, 2% per $1 spent on gas & public transit and 1% per $1 spent on all other spend.

20.99%

22.99%

$120

Details
Earn 1% in cash back on eligible groceries, gas, and bill payments and 0.5% in cash back on all other purchases.

19.99%

22.99%

$0

Details
Get up to 5% in GM Earnings upon initial spend of $10,000 in the first year and 2% subsequently.

19.99%

22.99%

$0

Details
2% cash back on eligible gas stations, grocery and drug store purchases including recurring payments. T&C's apply.

19.99%

22.99%

$39

Details
Get 3% cash back on eligible groceries, gas and bill payments and 1% cash back on all other purchases.

20.99%

22.99%

$0

Details
Get 2% cashback after the Welcome Rate on all purchases. No cap and no limit.

19.99%

22.99%

$99

Details
1.25% cash back rate on all purchases when your welcome offer ends. No cap.

19.99%

22.99%

$0

Details
Other purchases 1% Cash Back Welcome Offer: Get 5% cash back on every purchase in your first 3 months*.

19.99%

22.99%

$0

Details
Other purchases 0.5% Cash Back Earn 0.5 points per $1 on all of your spending

20.99%

22.99%

$0

Details
Other purchases 2% Cash Back Welcome Offer: Get 5% cash back on all eligible purchases (up to $300 cash back) for the first 6 months. Earn 2% cash back on all purchases when your Welcome Rate ends.

19.99%

22.99%

$99

Details
Gas Groceries Pharmacy Bills 2% Cash Back On the first $25,000 on eligible gas station, grocery store and drug store purchases and on recurring bills per year; earn 1% cash back per dollar thereafter. Other purchases 1% Cash Back

19.99%

21.99%

$39

Details
Other purchases 2% Cash Back in chosen 2% Money-Back Categories. 0.5% on all other purchases.

19.95%

19.95%

$0

Details
Gas Groceries 1.5% Cash Back On gas, groceries and most online purchases Other purchases 1% Cash Back

20.99%

22.99%

$30

Details
Gas Groceries Restaurants Travel Pharmacy Bills Entertainment Other purchases 2.5% Cash Back Earn 2.5% cash back on purchases (up to $150 cash back) for the first 3 months. Earn 1.25% cash back thereafter. Other purchases 1.25% Cash Back

19.99%

22.99%

$0

Details
Travel Restaurants Entertainment 3 points per dollar Other purchases 2 points per dollar

19.99%

22.99%

$150

Details
Other purchases 1 point per dollar 1 BONUSDOLLAR = one Canadian dollar

19.9%

19.9%

$30

Details
Other purchases 1% Cash Back Earn 1% cashback on eligible purchases1 in Canada, with no caps on cashback earn

19.99%

19.99%

$0

Details
Other purchases 1 point per dollar 1 BONUSDOLLAR = one Canadian dollar

19.9%

19.9%

$110

Details
Other purchases 2 points per dollar $0 to $20,000: 1.5% of purchases in BONUSDOLLARS, Over $20,000: 2% of purchases in BONUSDOLLARS

19.9%

19.99%

$130

Details
Other purchases 4% Cash Back Earn 4%† back in Canadian Tire Money® when you shop at Canadian Tire, Sport Chek®, and participating Marks®/L’Équipeur and Atmosphere® locations Other purchases 0.8% Cash Back Earn 0.8%† back in Canadian Tire Money® on all oth

19.99%

22.99%

$0

Details
Groceries Gas Bills 1% Cash Back Earn 1% in Cash Back Dollars on eligible grocery Purchases and gas Purchases and on regularly recurring bill payments set up on your Account Other purchases 0.5% Cash Back Earn 0.5% in Cash Back Dollars on all other Purcha

19.99%

22.99%

$0

Details
Gas Groceries Pharmacy Bills 1% Cash Back Earn 1% cash back on gas, grocery and pharmacy store purchases and utility bill payments Other purchases 0.5% Cash Back Earn 0.5% cash back on all other eligible purchases

19.5%

21.99%

$0

Details
Bills Groceries 4% Cash Back 4% on eligible recurring bill payments and grocery store purchases Gas Travel Other purchases 2% Cash Back 2% on eligible gas station and daily transit purchases Other purchases 1% Cash Back 1% cash back on all other eligible

20.99%

22.99%

$120

Details
Restaurants Bills 1% Cash Back Earn 1% cashback on restaurants purchases and recurring pre-authorized payments Other purchases 0.5% Cash Back Earn 0.5% cashback on all other purchases.

20.99%

22.99%

$0

Details
Gas 3% Cash Back 3% CashBack for every dollar spent on purchases at Shell locations in Canada Other purchases 1.25% Cash Back 1.25% CashBack for every dollar spent on purchases everywhere else

19.99%

22.99%

$79

Details
Groceries 2% Cash Back Earn 2% cash back on your first $6,000 in net annual grocery purchases Other purchases 0.5% Cash Back 0.5% cash back on first $6,000 in net annual purchases, 1% everything over $6,000

19.99%

22.99%

$0

Details
Gas Groceries Pharmacy Bills 2% Cash Back Earn 2% cash back on gas, grocery and pharmacy store purchases and utility bill payments Other purchases 1% Cash Back Earn 1% cash back on all other eligible purchases

19.5%

21.99%

$49

Details
Gas Groceries 4% Cash Back Other purchases 1% Cash Back 2% cash back on Tim Hortons® and TELUS® purchases. 1% cash back on all other purchases

19.99%

22.99%

$99

Details
Other purchases 1% Cash Back Earn 1 point for every $1 USD of net purchases.

19.5%

21.99%

$65

Details
Gas Groceries Pharmacy Bills 1% Cash Back Other purchases 0.5% Cash Back

19.99%

21.99%

$0

Details
Gas Groceries 2% Cash Back Welcome Offer: Get 5% Cash Back†† on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500). Earn 2%‡ thereafter. Other purchases 0.5% Cash Back

19.99%

24.99%

$0

Details
Gas Groceries Pharmacy Bills 1% Cash Back 1% cash back on eligible gas station, grocery store and drug store purchases, and recurring bill payments Other purchases 0.5% Cash Back 0.5% cash back on all other eligible everyday purchases

19.99%

22.99%

$0

Details
Gas 1.5% Cash Back 1.5% CashBack for every dollar you spend on purchases at Shell locations in Canada Other purchases 0.5% Cash Back 0.5% CashBack on every dollar you spend on purchases everywhere else

19.99%

22.99%

$0

Details
Other purchases 1% Cash Back Welcome Offer: Get 5% cash back on every purchase in your first 3 months*.

19.99%

22.99%

$0

Details
Gas Groceries 4% Cash Back on your grocery store and gas station purchases up to $20,000 in net annual purchases for each Other purchases 1% Cash Back

19.99%

22.99%

$99

Details
Other purchases 0.5% Cash Back Earn 1% cash back on contactless and preathorized payments, 0.5% cash back on all purchases

19.9%

19.9%

$0

Details
Other purchases 10% Cash Back Earn 10% on all eligible purchases for the first 3 months1 up to a total spend of $2,000. Groceries Gas Bills 3% Cash Back Earn 3% in Cash Back Dollars on eligible grocery Purchases and gas Purchases3, and on regularly recurr

20.99%

22.99%

$120

Details
Other purchases 0.5% Cash Back Earn 1% cash back on contactless and preauthorized payments, 0.5% cash back on all other purchases.

19.9%

19.99%

$0

Details
Other purchases 1% Cash Back

19.8%

19.8%

$75

Details
Gas Groceries 2% Cash Back Welcome Offer: Get 5% cash back†† on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500). Earn 2%‡ thereafter. Other purchases 1% Cash Back G

19.99%

24.99%

$39

Details
Other purchases 4% Cash Back Earn 4%† back in Canadian Tire Money® when you shop at Canadian Tire, Sport Chek®, and participating Marks®/L’Équipeur and Atmosphere® locations Groceries 3% Cash Back Earn 3% (1) back in Canadian Tire Money® when you shop at

19.99%

22.99%

$0

Details
Gas Groceries 4% Cash Back Earn 4% cash back on gas and grocery store purchases. Pharmacy Bills 2% Cash Back Earn 2% cash back on pharmacy purchases and utility bill payments Other purchases 1% Cash Back 1% on all other eligible purchases

19.5%

21.99%

$99

Details
Other purchases 1.5% Cash Back Welcome Offer: Get 5% cash back on every purchase in your first 3 months. *

19.99%

22.99%

$120

Details
Other purchases 1.25% Cash Back Earn 1.25% in Walmart Reward Dollars on your purchases at Walmart stores in Canada or at Walmart.ca Other purchases 1% Cash Back Earn 1% everywhere else Mastercard is accepted.

19.89%

21.49%

$0

Details
Travel 3% Cash Back 3% unlimited cash back rewards on all eligible purchases made in a foreign currency Other purchases 2% Cash Back 2% unlimited cash back rewards on Rogers™ products and services charged to your card Other purchases 1.25% Cash Back 1.25%

19.99%

21.5%

$0

Details

Top Cashback cards And how they work?

Cashback is an innovative way to shop both at affiliated shops and with online mode. The English term “cashback” can be translated as “money return “; in fact, this system allows each buyer to get back a certain percentage of the amount spent. One of the most interesting advantages is that, after a certain number of purchases, consumers can be credited with new sums with which they can conclude other interesting purchases and expenses online or at affiliated physical exercises.

Best CashBack Cards 2020

Thanks to credit or prepaid cards, you can carry out any operation, from online shopping to shopping, from top-up by telephone to wire transfers, from money transfer to currency exchange, an indispensable tool in your daily life. Also, some types of cards offer you something more, since if you use them to make purchases, you will have a profit in terms of reimbursement of a% of your shopping. The term used is that of Cashback card, which can be translated literally with the meaning of receiving cashback.

The system is very simple: if you have a card that has this type of option, the moment you make a transaction, you will receive a percentage of the purchase value back. It is important not to confuse cashback with the concept of discount, as they are two different things. When you carry out the operation on which the cashback is applied, you will have to pay the entire amount connected to the object you are buying, and only later will you receive the expected percentage. The big advantage will be to be able to accumulate money and then reuse it, withdrawing it directly or using it for new commercial operations.

How Cashback Works?

In the buying and selling sector, the term Cashback card is increasingly widespread,   which means “money back.” It is practically the reimbursement of a percentage of a purchase made by credit card or debit card. The same government is evaluating the possibility of introducing cashback for shopkeepers and families to reduce tax evasion. For example, those who use their credit card or debit card to purchase a product or service would pay the same VAT as those who paid in cash, but at the end of the month, they would receive a part of the VAT paid and get a discount.

Cashback is a phenomenon that has imposed itself in Italy since 2017 and has spread like wildfire in all sectors:

  • from travel sites
  • to sporting goods sites
  • from clothing sites
  • to electronics sites

The system works so well that even many physical stores offer cashback offers with the issue of coupons to be used for subsequent purchases.

Cashback sites were born, among which the best is Bestshopping.com, which enter into commercial agreements with e-commerce portals from which they get a commission for all purchases made with their brokerage. Subsequently, the sum obtained is divided with the buyer who made the purchase and who can count on an economic return based on the close agreement with the online store. All parties benefit from it: the Cashback card site earns on every purchase made through its brokerage; the e-commerce site sells its products by strengthening and expanding its customer network; the customer buys products he needs with the certainty of recovering a part of the money spent.

To take advantage of the Cashback card, the customer must reach a minimum purchase threshold, a condition that allows the e-commerce portal to have a certain number of guaranteed sales and to be able to retain its customers. If necessary, buyers through the referral system can obtain even greater advantages if they invite other friends to use the cashback service.

Cashback has had such a boom that it is possible to take advantage of this service by using a particular type of cashback credit card, global online cashback platforms, or digital payment systems. The operation is identical to that explained so far, and users can get a percentage of cashback on purchases made in affiliated stores. The cashback credit cards are particularly suitable for those who make several online purchases since the savings are directly proportional to spending.

WHAT ARE THE BEST CREDIT OR PREPAID CARDS WITH CASHBACK OF 2020

Today several cards offer the possibility of making the cashback, some on a wide category of purchases, others instead only for sectoral activities. Below we list the most used ones thanks to a combination of product quality and advantages if you buy. The best credit and prepaid cards that offer cashback in 2020 are:

  • Hype Plus card (prepaid)
  • Revolut Metal (prepaid)
  • American Express Blue Card (credit card)

REVOLUT METAL: THE PAPER WITH AN ELEGANT DESIGN

It is a very suitable English IBAN card if you travel a lot and are away from home. In the top version, the Metal version, among the exclusive services connected to the activation of this product, there is also a very advantageous cashback. It applies to any type of expense you make and provides for a percentage equal to 0.1% for transactions made in Italy and Europe, while the value rises to 1% for all purchases that you make abroad. Among the peculiarities of the Revolut Metal card, there will be the possibility to withdraw the cashback in one of the multiple currencies present on it, including possibly the exchange in cryptocurrency contained in the wallet.

HYPE PLUS

One of the most convenient prepaid cards both as regards the quality of services, and for the possibility of obtaining an economic return when you make purchases. The Cashback card Hype is applied to a wide range of products. Just access the app to be able to highlight those on which it is active. You will have the opportunity to get from a minimum of 1% up to a maximum of 10%. To use the individual sums obtained, however, you must first reach the minimum amount of € 10 and then be able to request the transfer of money to the account. Also, the operation can only be carried out once a month.

BLUE AMERICAN EXPRESS

American Express is one of the most important payment circuits, always careful to offer its customers a series of advantageous products. The Blue American Express card is an example of this with a cashback that applies to all purchases you make with your card and which is realized with a value equal to 1% of the amount spent. The credit will be credited directly to the account 12 months after the activation of the card, but only if you have an active contract and if all payments are regular.

SATISPAY CARD

Satispay is a platform that lays its foundations on the idea of being the basis for making purchases through which to obtain an economic advantage. It is linked to a prepaid card that can be used in more than 70 thousand operators in Italy, both online and real. For each purchase, a cashback is applied, which may vary according to the types of shops and initiatives proposed.