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Top Credit Cards to use at Restaurants (updated February 17, 2018)

It has been just over a year since I last updated this post. A few changes to the industry means this post is due for an update. Usually I update this post ahead of Valentine’s Day, but hey, we eat all year round. Furthermore, this has been a long winter in some parts of the country, so spring and summer cannot come soon enough, where we might be more willing to go out. So below is a list of the top credit cards to use at restaurants if you want to prepare for warmer weather ahead of time.

I have classified the credit cards in different categories and listed according to their annual fees. Only credit cards offering at least a 3% return are listed.

Cash Back Credit Cards

American Express SimplyCash Card

  • No annual fee
  • Earn 5% cash back on restaurants purchases (up to $250 cash back or a maximum of $5,000 in purchases) for the first 6 months
  • Earn 1.25% cash back on all other purchases and thereafter

BMO CashBack MasterCard

  • No annual fee
  • Earn 4% cash back on all purchases (for the first 4 months, up to $3,125 in spending or $125 in cash back) (if you apply before October 31, 2018)

BMO SPC CashBack MasterCard

  • No annual fee
  • Earn 4% cash back on all purchases (for the first 4 months, up to $3,125 in spending or $125 in cash back) (if you apply before October 31, 2018)

American Express SimplyCash Preferred Card

  • $79 annual fee
  • Earn 5% cash back on all purchases for the first 6 months (up to $400 cash back or $8,000 on purchases)

CIBC Dividend Visa Platinum Card

  • $99 annual fee for first time cardholders (first year fee waived if you apply before February 28, 2018)
  • Earn 4% cash back on the first 4 months (up to $5,000 in spending or $200 in cash back) (if you apply before February 28, 2018)

CIBC Dividend Visa Infinite Card

  • $99 annual fee for first time cardholders (first year fee waived if you apply before February 28, 2018)
  • Earn 4% cash back on the first 4 months (up to $5,000 in spending or $200 in cash back) (if you apply before February 28, 2018)

BMO CashBack World Elite MasterCard

  • $120 annual fee
  • Earn 4% cash back on all purchases (for the first 4 months, up to $3,125 in spending or $125 in cash back) (if you apply before October 31, 2018)

Fixed Rewards Credit Cards

Capital One Platinum MasterCard

  • No annual fee
  • Exclusive to Costco members
  • Earn 3% cash back on restaurant purchases

Scotiabank Gold American Express Card

  • $99 annual fee
  • $29 for additional cardholders
  • Earn 4 points for every $1 you spent on dining

CIBC Aventura Visa Infinite Card

  • $120 annual fee (first year fee waived if you apply by February 28, 2018)
  • Earn 3 points for every $1 spent at select CIBC bonus rewards restaurants

Scotiabank Platinum American Express Card

  • $399 annual fee
  • $99 for supplementary cardholders
  • Earn 30,000 bonus points with your first card purchase
  • Earn 4 points for every $1 you spent on dining

Co-branded Credit Cards

CIBC Aerogold Infinite Visa Card

  • $120 annual fee
  • Earn 15,000 sign up bonus points after the first purchase
  • Earn 3 points for every $1 spent at participating CIBC Bonus Rewards restaurants

CIBC Aerogold Visa Infinite Privilege

  • $399 annual fee
  • $99 annual fee for a supplementary cardholder
  • Earn 3.75 Aeroplan miles for every $1 spent at CIBC Bonus Rewards restaurants

Hybrid Credit Cards

American Express Cobalt Card

  • $10 monthly fee
  • Earn 5 points on restaurant purchases

8 Comments

  1. We’re Seniors and have traveled quite a bit. Five cruises and traveled here in the United States. We use our Chase Marriott quite a bit as we love the points to stay in nice hotel & great free breakfast. Thank You.

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