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The very best bank cards for EV charging in Canada for 2025

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The very best bank cards for EV charging in Canada for 2025


Whether or not you’re utilizing a public charger on the go or plugging in at residence, the price of protecting your electrical automobile (EV) powered up can sneak up on you. However the fitting bank card could make up for a number of the value by means of money again or rewards factors. So, don’t wait: we’ve gathered the most effective bank cards in Canada to energy up your EV—and your pockets—on the identical time.

Greatest bank cards for EV charging in Canada

Examine bank cards for EV drivers

Use the desk under to check EV charging bank card choices, or maintain scrolling for our editors’ prime picks. Can’t see all the main points in your display? Merely slide the columns utilizing your fingers or trackpad, or you possibly can hover your mouse over the desk to entry the scroll bar on the backside.

Greatest card by class Annual payment Rewards on EV charging Equal return on spending Spending cap for bonus price Earn on the identical price for fuel purchases Low cost on fuel purchases Private annual earnings requirement Beneficial credit score rating Apply now (featured playing cards solely)

CIBC Dividend Visa Infinite

$120 (rebated first yr) 4% money again 4% First $20,000 in purchases per yr Sure As much as $0.10 per litre at Pioneer, Fas Fuel, Ultramar and Chevron stations $60,000 per yr 725 or increased Go to site
RBC ION+ Visa
$48 3 Avion factors per $1 spent 3.42% No restrict Sure None None specified None specified Go to site
BMO CashBack World Elite Mastercard
$120 3% money again 3% First $300 per assertion cycle Sure As much as $0.07 per litre at Shell fuel stations $80,000 per yr 760 or increased Go to site
Amex SimplyCash Most popular
$120 4% money again 4% No restrict Sure None None specificed 725 or increased Go to site
CIBC Costco Mastercard
$0 3% money again at Costco fuel stations

2% money again at different stations

3% at Costco stations

2% at different stations

First $5,000 in purchases per yr Sure As much as $0.10 per litre at Pioneer, Fas Fuel, Ultramar and Chevron stations $15,000 per yr 560 or increased Not out there

MoneySense award winners

Dive into the professionals and cons of the highest three greatest bank cards for EV charging in Canada. We’ve additionally included choices for Canadians who would favor an American Specific or no-annual-fee card.

Gold: Greatest bank card for EV charging

At a look: The CIBC Dividend Visa Infinite is our prime decide for electrical and hybrid automobile drivers in Canada, providing an unbeatable 4% money again on EV charging in addition to groceries. Plus, this card delivers constant rewards throughout classes with bonus charges on on a regular basis spending like eating, transit and recurring payments. Additionally, save as much as $0.10 per litre on your hybrid or different automobile at choose fuel stations with Journie Rewards.

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CIBC Dividend Visa Infinite

Annual payment: $120 (rebated first yr)

Welcome supply: Earn 10% money again (as much as $250 in money again in your first 4 statements), plus a first-year annual payment rebate. Provide not out there to Quebec residents.

Card particulars

Rates of interest 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers
Earnings required Private earnings of $60,000 or family earnings of $100,000
Credit score rating 725 or increased

Silver: Greatest bank card for EV charging

At a look: The RBC ION+ Visa is considered one of RBC’s latest bank cards and one other nice possibility for electrical and hybrid automobile drivers. It has a low annual payment, and it presents 3 Avion factors for each $1 spent on EV charging, in addition to grocery, eating and even digital gaming. Plus, on your hybrid or different automobile, cardholders take pleasure in gas financial savings at Petro-Canada and earn the identical 3 factors for each $1 on fuel purchases.

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RBC ION+ Visa

Annual payment: $48

Welcome supply: Get 14,000 Avion factors upon approval ($100 worth). Apply by Could 7, 2025.

Card particulars

Rates of interest 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers
Earnings required None specified
Credit score rating None specified
Level worth 1 RBC Avion level = As much as $0.023 when redeemed for journey utilizing RBC’s Air Journey Redemption Schedule. 

Bronze: Greatest bank card for EV charging

At a look: The BMO CashBack World Elite Mastercard is one other nice bank card possibility, providing wonderful earn charges throughout classes. Earn 3% money again on EV charging and fuel purchases. It is a nice card for frequent drivers and travellers, with complimentary roadside help and journey insurance coverage. Plus, fuel financial savings at Shell places for drivers of hybrid and fuel automobiles.

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BMO CashBack World Elite Mastercard

Annual payment: $120 (waived first yr)

Welcome supply: Earn as much as 10% money again throughout your first 3 months on as much as $2,600 in purchases.

Card particulars

Rates of interest 21.99% on purchases, 23.99% on money advances, 23.99% on steadiness transfers (21.99% in Quebec)
Earnings required Private earnings of $80,000 or family earnings of $150,000
Credit score rating 760 or increased

Execs

  • Excessive earn charges: Earn as much as 5% again in 4 main spending classes, together with 3% on EV charging and fuel.
  • Complete roadside help: With a free primary membership within the Dominion Car Affiliation, get 4 free service calls per yr, together with towing (as much as 10 km), tire modifications, winching, battery boosts, lockout help, emergency gas supply and extra.
  • Gas financial savings: Hybrid drivers will respect the gas low cost of as much as $0.07 per litre at Shell places.
  • Insurance coverage choices: In depth insurance coverage for a money again card, together with protection for journey medical, rental automobiles, baggage, flight delays and extra.
  • Simple redemptions: Redeem your money again any time for as little as $1.

Cons

  • Incomes caps: The bonus classes have low month-to-month spending limits, starting from $300 to $500, which is restrictive for a premium card. Purchases above these month-to-month limits earn on the 1% base price. 
  • Excessive earnings necessities: This card could also be much less accessible.

Greatest American Specific card for EV charging

At a look: The American Specific SimplyCash Most popular is a strong possibility for electrical and hybrid automobile drivers. Regardless that you earn the bottom price of two% on EV charging, that’s nonetheless the best base earn price in Canada. And for those who want fuel from time to time, you’ll earn a powerful 4%. Plus, get insurance coverage protection and entry to Amex advantages.

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Amex SimplyCash Most popular

Annual payment: $120

Welcome supply: Earn a bonus 10% money again on all purchases on your first three months (as much as $2,000 in purchases) and a $50 assertion credit score if you make a purchase order in month 13 (whole worth of as much as $250).

Card particulars

Rates of interest 21.99% on purchases, 21.99% on money advances
Earnings required None specified
Credit score rating 725 or increased

Greatest no-fee card for EV charging

At a look: The CIBC Costco Mastercard is a no-fee money again card for Costco members and a superb possibility for electrical and hybrid automobile drivers. Earn 2% money again on EV charging and three% on Costco fuel. Purchases at different fuel stations earn you 2% rewards. Overlook your Costco membership card? Don’t fear—this card is all you might want to present on the large warehouse retailer.

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CIBC Costco Mastercard

Annual payment: $0

Welcome supply: None right now.

Card particulars

Rates of interest 20.75% on purchases and 22.49% on money advances
Earnings required $15,000 per yr
Credit score rating 560 or increased

Execs

  • Excessive earn charges: Earn 2% on EV charging and fuel purchases not at Costco, and three% on Costco fuel purchases and eating.
  • Cellular system insurance coverage: Get protection for as much as $1,000—a rarity for no-fee playing cards.
  • Accessible: There’s no annual payment and a low earnings requirement. Plus, with a $50,000 private or $80,000 family earnings, you’re eligible for a complimentary improve to a World Mastercard.
  • Free extra playing cards: Further incomes at no added value.
  • Installment cost possibility: Use the CIBC Tempo It installment program to unfold the price of massive Costco purchases over a number of months at a decrease rate of interest.

Cons

  • Low incomes at Costco: Surprisingly, it’s not probably the most rewarding card for Costco buying, incomes only one% again on in-store purchases. (See the best credit cards for shopping at Costco.)
  • Unique to Costco members: Solely out there to these with a Costco membership ($65).
  • Restricted redemption choices: Rewards are issued every year as a money again reward certificates solely redeemable at Costco.
  • Incomes caps: You’ll solely earn on the primary $5,000 spent yearly on EV charging/fuel and on the primary $8,000 on Costco.ca purchases.

FAQ about EV charging

Get solutions to continuously requested questions on charging electrical autos in Canada, together with charging occasions and prices, and places of Petro-Canada charging stations.

How lengthy does it take to cost an electrical automobile?

It is a bit like asking how lengthy it takes to fill a pool. The reply depends upon the scale of the pool, the hose you’re utilizing and even the climate. Whereas there’s no one-size-fits-all reply, understanding a couple of key components will show you how to estimate charging occasions, whether or not you’re topping up in a single day or fuelling up on a street journey.

Charging time depends upon the facility supply, the automobile’s charger and its battery measurement, and even climate situations:

  • The facility supply: A primary family outlet may take days to replenish an EV—consider it as trickling water right into a barrel with a tiny spout. A quicker residence setup, like a 240-volt charger you’d use for a dryer, cuts that all the way down to only a few hours in a single day. Public stations are fast-charging and are the speediest possibility. These can juice up your battery in lower than an hour.
  • The automobile: Take a small battery, like in a Nissan Leaf—it would cost totally in seven to eight hours with a 240-volt setup, or about an hour with a quick charger. A much bigger battery, say in a GMC Hummer EV, may take nearer to 13 hours at residence or round two hours with quick charging. 
  • Climate: Climate can nudge these occasions a bit—chilly or sizzling days may gradual issues down—nevertheless it’s often a minor issue. Excessive temperatures, nevertheless, can significantly improve cost time. Excessive chilly can cut back battery effectivity by round 20% to 40%. 

So, charging may vary from a fast 20 to 120 minutes at a quick station to a leisurely 5 to 13 hours at residence, relying in your setup and EV. 

How a lot does it value to cost and electrical automobile?

At residence, the place most EV homeowners cost, prices tie into your electrical energy invoice. In a metropolis like Toronto, charging in a single day throughout off-peak hours may run you lower than $1 per day—round $300 a yr for the typical driver. That’s a steal in comparison with a tank of fuel. Charges differ by location and time, although. The price could be increased throughout peak hours and in pricier areas.

Public charging stations supply comfort however typically include a payment. Some cost by time (e.g., $0.30 per minute), some cost by vitality use (e.g., $0.40/kWh), and a few cost a flat price per session (e.g., $5 to $7 for a fast enhance). Power-based billing continues to be growing in Canada. Free stations exist too—you might discover them close to companies or in parks—however they’re not the norm. Quick-charging spots, like superchargers, are likely to value extra for his or her pace, although they prevent time on the go.

The make-up of your EV issues, too. A smaller battery, like in a plug-in hybrid, prices much less to fill than a giant one in a full electrical SUV. Effectivity performs a job as properly. Extra environment friendly fashions stretch every cost additional, trimming prices.

So, you possibly can count on a spread of costs: roughly $0.78 day by day at residence in a metropolis like Toronto (throughout off-peak hours) to round $10 for a fast public top-up on the street. In comparison with gas-powered autos, EVs often win on financial savings, particularly with sensible charging habits.

EV charging stations in Canada

Petro-Canada EV charging

Petro-Canada was the primary main fuel retailer to increase on Canada’s EV charging infrastructure. In 2019, it opened an EV charging station in Victoria, B.C., marking the completion of Canada’s Electrical Freeway, the nation’s first coast-to-coast community of quick chargers.

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