Rewards Estimator
Last updated:
Enter your monthly spending below and we'll calculate exactly how much you'd earn with each Canadian credit card. See the dollar value of your rewards and whether a card's annual fee is worth it for your spending profile.
Your Monthly Spending
Enter how much you spend per month in each category.
Your Best Cards
Ranked by net annual value (rewards earned minus annual fee). Based on your $1,800/mo spending.
BMO · $150/yr fee
+$594
net value / year
Groceries (5%)
$360
Gas (3%)
$72
Dining (5%)
$180
Travel (3%)
$72
Other (1%)
$60
Total
$744
Scotiabank · $120/yr fee
+$576
net value / year
Groceries (5%)
$360
Gas (3%)
$72
Dining (5%)
$180
Travel (1%)
$24
Other (1%)
$60
Total
$696
BMO · $99/yr fee
+$549
net value / year
Groceries (5%)
$360
Gas (1%)
$24
Dining (5%)
$180
Travel (1%)
$24
Other (1%)
$60
Total
$648
American Express · $156/yr fee
+$540
net value / year
Groceries (5%)
$360
Gas (2%)
$48
Dining (5%)
$180
Travel (2%)
$48
Other (1%)
$60
Total
$696
BMO · $120/yr fee
+$504
net value / year
Groceries (5%)
$360
Gas (3%)
$72
Dining (3%)
$108
Travel (1%)
$24
Other (1%)
$60
Total
$624
National Bank · $150/yr fee
+$498
net value / year
Groceries (5%)
$360
Gas (1%)
$24
Dining (5%)
$180
Travel (1%)
$24
Other (1%)
$60
Total
$648
CIBC · $99/yr fee
+$441
net value / year
Groceries (4%)
$288
Gas (4%)
$96
Dining (2%)
$72
Travel (1%)
$24
Other (1%)
$60
Total
$540
CIBC · No annual fee
+$432
net value / year
Groceries (2%)
$144
Gas (3%)
$72
Dining (3%)
$108
Travel (2%)
$48
Other (1%)
$60
Total
$432
Wealthsimple · No annual fee
+$432
net value / year
Groceries (2%)
$144
Gas (2%)
$48
Dining (2%)
$72
Travel (2%)
$48
Other (2%)
$120
Total
$432
TD · $89/yr fee
+$385
net value / year
Groceries (2%)
$144
Gas (2%)
$48
Dining (2.5%)
$90
Travel (3%)
$72
Other (2%)
$120
Total
$474
How we calculate rewards
We multiply your monthly spending in each category by the card's earn rate, then annualize the total. Net value = annual rewards earned - annual fee. This gives you a clear picture of which card puts the most money back in your pocket. Points-based cards are estimated at their approximate cash-equivalent value. Actual value may vary based on redemption method. Welcome bonuses are not included in these calculations.
Estimates are based on publicly available earn rates and may not reflect all bonus categories or promotional rates. Always confirm details on the issuer's website.