Best Credit Cards for Amazon Canada Shoppers: Maximize Rewards & Sign-Up Bonuses
As an Amazon Canada enthusiast, you know the thrill of finding great deals and having your purchases delivered right to your doorstep. But what if you could make your shopping experience even more rewarding? The right credit card can help you earn cashback and points and even score impressive sign-up bonuses. In this guide, we'll explore the best credit cards for Amazon Canada shoppers, with a particular focus on cards offering the best sign-up bonuses.
Why Use a Rewards Credit Card for Amazon?
Before we dive into our top picks, let's quickly review why using a rewards credit card for your Amazon purchases is a smart move:
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Earn cashback or points on every purchase
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Access exclusive Amazon-related perks
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Benefit from purchase protection and extended warranties
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Score valuable sign-up bonuses to jumpstart your rewards
Now, let's look at the best credit cards for Amazon Canada shoppers, with an eye on those offering the best sign-up bonuses.
Top 7 Credit Cards for Amazon Canada Shoppers
1. Amazon.ca Rewards Mastercard
Key Features:
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2.5% back at Amazon.ca and Whole Foods Market stores
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1% back on all other purchases
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No annual fee
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Sign-Up Bonus: 5% back for your first six months (up to $3,000 in purchases)
This card is tailor-made for Amazon Canada shoppers, offering the highest reward rate for Amazon.ca purchases among all cards available in Canada. While the sign-up bonus isn't the largest, it's still a valuable offer for frequent Amazon shoppers.
2. Scotiabank Gold American Express® Card
Key Features:
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5x Scotia Rewards points on groceries, restaurants, and entertainment
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3x points on gas, daily transit, and select streaming services
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1x points on all other purchases (including Amazon)
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Annual fee: $120
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Sign-Up Bonus: Earn up to 40,000 bonus Scotia Rewards points in your first year
While Amazon purchases earn the base rate, the overall solid rewards program and excellent sign-up bonus make this a compelling choice for many shoppers.
3. BMO Eclipse Visa Infinite* Card
Key Features:
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5x BMO Rewards points on groceries, dining, gas, and transit
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1x points on all other purchases (including Amazon)
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Annual fee: $120 (often waived for the first year)
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Sign-Up Bonus: Up to 60,000 BMO Rewards points ($400 value) in your first year
This card offers a generous sign-up bonus and substantial rewards on everyday purchases, making it an excellent all-around choice that includes value for Amazon shopping.
4. TD First Class Travel® Visa Infinite* Card
Key Features:
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9 TD Points per $1 spent on travel purchases through Expedia For TD
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3 TD Points per $1 spent on all other purchases (including Amazon)
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Annual fee: $139 (often waived for the first year)
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Sign-Up Bonus: Up to 100,000 TD Points ($500 value) in your first year
While not explicitly tailored for Amazon, this card offers a substantial sign-up bonus and solid ongoing rewards that can benefit frequent online shoppers.
5. CIBC Dividend® Visa Infinite* Card
Key Features:
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4% cash back on gas and grocery purchases
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2% cash back on dining, daily transit, and recurring payments
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1% cash back on all other purchases (including Amazon)
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Annual fee: $120 (often waived for the first year)
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Sign-Up Bonus: 10% cashback for the first four statements (up to $2,000 in purchases)
This card offers a competitive sign-up bonus in the form of elevated cashback, which can be particularly valuable for big Amazon purchases in the first few months.
6. American Express Cobalt® Card
Key Features:
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5x points on groceries and restaurants
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2x points on travel, gas, and transit
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1x points on all other purchases (including Amazon)
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Monthly fee: $12.99
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Sign-Up Bonus: Up to 30,000 points in your first year
While Amazon purchases earn the base rate, the overall solid rewards program and the ability to earn a substantial sign-up bonus over time make this a good choice for many shoppers.
7. Tangerine Money-Back Credit Card
Key Features:
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2% cashback in up to three categories of your choice (can include online purchases)
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0.5% cash back on all other purchases
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No annual fee
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Sign-Up Bonus: 10% cashback for the first two months (up to $100)
If you choose "online purchases" as one of your 2% categories, this card can be advantageous for Amazon shopping. While the sign-up bonus is modest, the no annual fee makes it an attractive option.
How to Choose the Right Card for Amazon Canada Shopping
When selecting a credit card for your Amazon Canada purchases, consider these factors:
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Reward Rate: Look at how many points or what percentage of cashback you'll earn on Amazon purchases.
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Sign-Up Bonus: Consider the value of the welcome offer and whether you can meet the spending requirements.
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Annual Fee: Weigh any yearly fee against the rewards and sign-up bonus you expect to earn.
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Additional Perks: Consider other benefits like purchase protection, travel insurance, or exclusive Amazon-related perks.
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Your Overall Spending Habits: Choose a card that rewards your other frequent purchases as well as Amazon shopping.
Maximizing Your Rewards and Sign-Up Bonuses on Amazon Canada
To get the most out of your credit card rewards and sign-up bonuses when shopping on Amazon Canada:
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Time Your Application: Apply for a new card when you have a large Amazon purchase planned to help meet sign-up bonus spending requirements.
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Use Your Card for All Amazon Purchases: Even small purchases add up over time and contribute to sign-up bonus requirements.
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Take Advantage of Special Promotions: Look out for increased reward rates or bonus point offers during specific periods.
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Combine with Amazon Promotions: Stack credit card rewards and sign-up bonuses with Amazon's deals and discounts.
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Redeem Wisely: If your card offers multiple redemption options, calculate which gives you the best value for your points or cashback.
Conclusion
Choosing the right credit card for your Amazon Canada purchases can help you earn valuable rewards and score impressive sign-up bonuses. Whether you prefer cashback, points, or specific Amazon-related perks, there's a card out there to suit your needs.
The Amazon.ca Rewards Mastercard is an excellent choice for dedicated Amazon shoppers, offering the highest reward rate for Amazon.ca purchases. However, cards like the Scotiabank Gold American Express® Card or the BMO Eclipse Visa Infinite* Card can provide great value through their substantial sign-up bonuses and vital overall rewards programs.
Remember, the best card for you depends on your spending habits and financial goals. Consider your overall spending patterns, not just your Amazon purchases, when making your choice. And always use your credit card responsibly to maximize rewards and sign-up bonuses without incurring unnecessary debt.
