Gas Cashback Cards in Canada: A 2026 Comparison

The assumptions

To make the cards comparable, this example assumes:

• $300 per month in gas purchases, or $3,600 per year;
• fuel priced at $1.50 per litre, equal to about 2,400 litres per year;
• all purchases qualify for the stated category rate;
• no welcome bonuses; and
• card rewards are calculated before subtracting annual fees.

Your result changes with fuel price, station choice, category caps and whether you already pay for the card because of other spending.

Published gas returns under this model

Card	Annual fee	Gas/card return	Linked Shell discount	Gross annual value before fee
CIBC Dividend Visa Infinite	$120	$144 at 4%	—	$144
Scotia Momentum Visa Infinite+	$120	$72 at 2%	about $72 at 3¢/L	about $144
Tangerine Money-Back, gas selected	$0	$72 at 2%	about $72 at 3¢/L	about $144
Scotiabank Scene+ Visa	$0	about $36 at 1 point/$1, assuming 1¢/point	about $72 at 3¢/L	about $108
Rogers Red World Elite	$0	$54–$72 at 1.5%–2%	—	$54–$72

For comparability, this model counts only the standard 3¢/L linked-card instant discount on all fuel grades and excludes premium-fuel bonuses and additional Scene+ value unless specifically stated. The Shell estimate assumes the eligible Scotiabank or Tangerine card is properly linked to Shell Go+ and the litres qualify under the current program terms. Scene+ point value can depend on redemption method; 1 cent per point is used here only as an illustrative assumption.

What the table does—and does not—show

CIBC's 4% gas rate produces $144 before its $120 annual fee in this specific model. But CIBC also earns 4% on eligible groceries, so gas alone may not be the reason to carry it.

Scotia Momentum reaches a similar gross gas value only after including the linked Shell discount. That discount is also available through eligible no-fee Scotia cards, so it should not be treated as unique incremental value created by Momentum.

Tangerine is a strong no-fee result under these assumptions because gas can be selected as a 2% category and an eligible linked card can receive the current Shell discount. The third 2% category requires rewards to be deposited into an eligible Tangerine Savings Account.

Rogers pays 2% on eligible non-U.S.-dollar purchases with an eligible linked Rogers service and 1.5% without one. The accelerated rates apply to the first $61,000 in eligible purchases during the annual period; after the cap, eligible purchases earn 1.5% until the reset date.

How to choose

• Compare the net annual result after the fee.
• Include grocery, recurring-bill or travel spending only when it will actually go on the same card.
• Check category caps and merchant coding.
• Do not count a station discount unless your preferred station participates and your card is properly linked.

Under this exact $300-per-month model, Tangerine with gas selected is one of the more competitive no-fee combinations in the comparison. A different spending pattern can produce a different result.