Credit cards · Store & retail

Best store & retail credit cards in Canada

Store cards earn a retailer’s loyalty currency — PC Optimum, Canadian Tire Money, Walmart Reward Dollars — at boosted rates where you already shop. The best ones are no-fee and double as everyday cards; just mind the high purchase APRs and pay in full.

Verified at the issuer · June 14, 2026

A store card pays off when you shop that retailer regularly. PC Financial’s cards earn PC Optimum at Loblaw-banner grocery stores and Shoppers Drug Mart; the Triangle cards earn Canadian Tire Money across Canadian Tire, Sport Chek and Mark’s; the Walmart and CIBC Costco cards reward those warehouses. All the picks below are no annual fee.

Two honest notes: the rewards are a store currency, worth most when redeemed at that retailer, and these cards carry high purchase rates (roughly 20%–27%), so they only make sense if you pay the balance in full each month.

Store-card earn rates and welcome offers were cross-checked at reputable secondary sources where the retailer’s own pages couldn’t be machine-read — confirm the live earn table before applying. The Walmart Rewards card has two purchase rates (21.99% Preferred / 26.99% Standard); the CIBC Costco card requires a Costco membership.

The picks

PC Financial World Elite Mastercard

PC Financial

Earns PC Optimum points (1,000 points = $1), strongest at Loblaw-banner and Shoppers stores.

Earns

45 points/$1 at Shoppers Drug Mart (≈4.5%)
30 points/$1 at Loblaw-banner groceries (≈3%)
≥30 points/L at Esso & Mobil
10 points/$1 everywhere else (≈1%)

Welcome offer 20,000 points after $50 in 60 days (apply by Dec 31, 2026) — confirm at PC Financial

Income / eligibility $80,000 personal / $150,000 household

Rates Purchase 21.99% · Cash advance 22.97%

FX 2.5%

Best for Anyone who shops Loblaws/No Frills/Superstore and Shoppers

Verified at the source · 2026-06-14

Canadian Tire Triangle World Elite Mastercard

Canadian Tire Bank

Earns Canadian Tire Money (1:1 CAD at CT-family stores) across Canadian Tire, Sport Chek and Mark’s.

Earns

4% in Canadian Tire Money at Canadian Tire family stores
3% on groceries (first $12,000/yr; excludes Costco/Walmart)
1% everywhere else
7¢/L at Gas+ / Petro-Canada

Income / eligibility $80,000 personal / $150,000 household

Rates Purchase 21.99% · Cash advance 22.99%

FX 2.5%

Best for Regulars at Canadian Tire, Sport Chek and Mark’s

Verified at the source · 2026-06-14

CIBC Costco Mastercard

CIBC

$0 (Costco membership required)

The card accepted inside Costco warehouses in Canada.

Earns

3% on restaurants and Costco gas
2% on other gas, EV charging and Costco.ca
1% everywhere else, including in-warehouse Costco purchases

Income / eligibility $15,000

Rates Purchase 19.75% (confirm at CIBC)

Best for Costco members who want cash back on warehouse and gas spend

Watch out: Requires an active Costco membership.

Verified at the source · 2026-06-14

Walmart Rewards Mastercard

Fairstone Bank of Canada

Earns Walmart Reward Dollars (1:1 CAD); relaunched September 2025.

Earns

3% on Walmart purchases
1% everywhere else (unlimited)

Welcome offer $25 Reward Dollars after one $75+ Walmart purchase within 30 days

Rates Purchase 21.99% (Preferred) / 26.99% (Standard) · Cash advance 22.99% / 27.99%

FX 2.5%

Best for Regular Walmart shoppers who want a no-fee store card

Watch out: Two-rate card — your approved rate may be the higher 26.99% Standard tier.

Verified at the source · 2026-06-14

Canadian Tire Triangle Mastercard (no-fee)

Canadian Tire Bank

The no income-requirement Triangle card — same store earn, lower elsewhere.

Earns

4% in Canadian Tire Money at Canadian Tire family stores
1.5% on groceries (first $12,000/yr) then 0.5%
0.5% everywhere else
5¢/L fuel

Income / eligibility No minimum income

Rates Purchase 21.99%

FX 2.5%

Best for Canadian Tire shoppers who can’t meet the World Elite income test

Verified at the source · 2026-06-14

Compare more cards

Frequently asked questions

What is the best store credit card in Canada?

It depends where you shop. The PC Financial World Elite Mastercard is the strongest for Loblaw-banner groceries and Shoppers Drug Mart (up to 45 PC Optimum points/$1 ≈ 4.5%). The Triangle World Elite is best for Canadian Tire, Sport Chek and Mark’s; the CIBC Costco and Walmart Rewards cards win for those warehouses. All are no annual fee.

Do store credit cards have an annual fee?

The best ones don’t — every card on this list, including the PC World Elite, Triangle World Elite, CIBC Costco and Walmart Rewards, has a $0 annual fee. The trade-off is a high purchase APR (roughly 20%–27%), so they’re only worth it if you pay the balance in full each month.

What card can I use inside Costco Canada?

Costco Canada accepts Mastercard, and the co-branded CIBC Costco Mastercard is built for it — 3% on restaurants and Costco gas, 2% on other gas and Costco.ca, and 1% on in-warehouse purchases. You need an active Costco membership to hold the card.

Is store loyalty currency as good as cash back?

Not quite — PC Optimum and Canadian Tire Money are worth most when redeemed at those retailers, so the value is real only if you shop there regularly. Walmart Reward Dollars and the CIBC Costco card pay in dollar-equivalent value, which is more flexible. If you want currency you can use anywhere, compare a flat cash-back card on our main ranking.

Educational comparison, not credit advice. Every figure verified against the issuer’s page or reputable Canadian sources on June 14, 2026; welcome offers and intro promos are time-sensitive and change without notice — confirm current terms at the issuer before you apply.