Whether or not you’re utilizing a public charger on the go or plugging in at house, the price of maintaining your electrical automobile (EV) powered up can sneak up on you. However the appropriate bank card could make up for among the value by money again or rewards factors. So, don’t wait: we’ve gathered the perfect bank cards in Canada to energy up your EV—and your pockets—on the identical time.
Finest bank cards for EV charging in Canada
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Gold: Finest for EV charging
Curiosity Charges:
20.99% buy, 22.99% money advance, 22.99% steadiness switch
Welcome provide:
$250 worth
Earn a ten% money again welcome bonus of as much as $250 (first 4 statements). Supply not out there to QC residents. Phrases and situations apply.
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Silver: Finest for EV charging
RBC ION+ Visa
Earn 3 Avion factors per greenback spent on electrical automobile charging.
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Curiosity Charges:
20.99% buy, 22.99% money advance, 22.99% steadiness switch
Welcome provide:
$101 worth
Earn 14,000 Avion factors upon approval – that’s $100 of worth in reward playing cards! Apply by Could 7, 2025.
Examine bank cards for EV drivers
Use the desk beneath to match EV charging bank card choices, or hold scrolling for our editors’ high 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.
Finest card by class | Annual price | Rewards on EV charging | Equal return on spending | Spending cap for bonus charge | Earn on the identical charge for gasoline purchases | Low cost on gasoline purchases | Private annual earnings requirement | Advisable credit score rating | Apply now (featured playing cards solely) |
---|---|---|---|---|---|---|---|---|---|
CIBC Dividend Visa Infinite |
$120 (rebated first 12 months) | 4% money again | 4% | First $20,000 in purchases per 12 months | Sure | As much as $0.10 per litre at Pioneer, Fas Fuel, Ultramar and Chevron stations | $60,000 per 12 months | 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 gasoline stations | $80,000 per 12 months | 760 or increased | Go to site |
Amex SimplyCash Most well-liked![]() |
$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 gasoline stations
2% money again at different stations |
3% at Costco stations
2% at different stations |
First $5,000 in purchases per 12 months | Sure | As much as $0.10 per litre at Pioneer, Fas Fuel, Ultramar and Chevron stations | $15,000 per 12 months | 560 or increased | Not out there |
MoneySense award winners
Dive into the professionals and cons of the highest three finest 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: Finest bank card for EV charging
At a look: The CIBC Dividend Visa Infinite is our high 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 to your hybrid or different automotive at choose gasoline stations with Journie Rewards.
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CIBC Dividend Visa Infinite
Annual price: $120 (rebated first 12 months)
Welcome provide: Stand up to $400 in worth, together with a first-year annual-fee rebate. Supply 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: Finest bank card for EV charging
At a look: The RBC ION+ Visa is one among RBC’s latest bank cards and one other nice possibility for electrical and hybrid automobile drivers. It has a low annual price, and it gives 3 Avion factors for each $1 spent on EV charging, in addition to grocery, eating and even digital gaming. Plus, to your hybrid or different automotive, cardholders get pleasure from gas financial savings at Petro-Canada and earn the identical 3 factors for each $1 on gasoline purchases.
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RBC ION+ Visa
Annual price: $48
Welcome provide: 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: Finest 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 gasoline purchases. It is a nice card for frequent drivers and travellers, with complimentary roadside help and journey insurance coverage. Plus, gasoline financial savings at Shell areas for drivers of hybrid and gasoline vehicles.
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BMO CashBack World Elite Mastercard
Annual price: $120 (waived first 12 months)
Welcome provide: 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 gasoline.
- Complete roadside help: With a free fundamental membership within the Dominion Vehicle Affiliation, get 4 free service calls per 12 months, together with towing (as much as 10 km), tire modifications, winching, battery boosts, lockout help, emergency gas supply and extra.
- Gasoline financial savings: Hybrid drivers will recognize the gas low cost of as much as $0.07 per litre at Shell areas.
- Insurance coverage choices: In depth insurance coverage for a money again card, together with protection for journey medical, rental vehicles, 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 charge.
- Excessive earnings necessities: This card could also be much less accessible.
Finest American Specific card for EV charging
At a look: The American Specific SimplyCash Most well-liked is a strong possibility for electrical and hybrid automobile drivers. Although you earn the bottom charge of two% on EV charging, that’s nonetheless the very best base earn charge in Canada. And in case you want gasoline every now and then, you’ll earn a powerful 4%. Plus, get insurance coverage protection and entry to Amex advantages.
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Amex SimplyCash Most well-liked
Annual price: $120
Welcome provide: Earn a bonus 10% money again on all purchases to your first three months (as much as $2,000 in purchases) and a $50 assertion credit score whenever 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 |
Finest 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 very good possibility for electrical and hybrid automobile drivers. Earn 2% money again on EV charging and three% on Costco gasoline. Purchases at different gasoline stations earn you 2% rewards. Neglect your Costco membership card? Don’t fear—this card is all it is advisable to present on the huge warehouse retailer.
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CIBC Costco Mastercard
Annual price: $0
Welcome provide: None at the moment.
Card particulars
Rates of interest | 20.75% on purchases and 22.49% on money advances |
Earnings required | $15,000 per 12 months |
Credit score rating | 560 or increased |
Execs
- Excessive earn charges: Earn 2% on EV charging and gasoline purchases not at Costco, and three% on Costco gasoline purchases and eating.
- Cell system insurance coverage: Get protection for as much as $1,000—a rarity for no-fee playing cards.
- Accessible: There’s no annual price 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 further playing cards: Additional incomes at no added value.
- Installment fee 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 essentially the most rewarding card for Costco buying, incomes just 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 yearly 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/gasoline and on the primary $8,000 on Costco.ca purchases.
FAQ about EV charging
Get solutions to steadily requested questions on charging electrical autos in Canada, together with charging instances and prices, and areas 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 is determined by the scale of the pool, the hose you’re utilizing and even the climate. Whereas there’s no one-size-fits-all reply, understanding just a few key components will assist you estimate charging instances, whether or not you’re topping up in a single day or fuelling up on a highway journey.
Charging time is determined by the facility supply, the automotive’s charger and its battery measurement, and even climate situations:
- The ability supply: A fundamental family outlet might take days to replenish an EV—consider it as trickling water right into a barrel with a tiny spout. A sooner house setup, like a 240-volt charger you’d use for a dryer, cuts that right down to just some 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. An even bigger battery, say in a GMC Hummer EV, might take nearer to 13 hours at house or round two hours with quick charging.
- Climate: Climate can nudge these instances a bit—chilly or scorching days may sluggish issues down—nevertheless it’s normally a minor issue. Excessive temperatures, nonetheless, can significantly enhance cost time. Excessive chilly can scale back battery effectivity by round 20% to 40%.
So, charging might vary from a fast 20 to 120 minutes at a quick station to a leisurely 5 to 13 hours at house, relying in your setup and EV.
How a lot does it value to cost and electrical automobile?
At house, 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 12 months for the typical driver. That’s a steal in comparison with a tank of gasoline. Charges differ by location and time, although. The associated fee could be increased throughout peak hours and in pricier areas.
Public charging stations provide comfort however usually include a price. Some cost by time (e.g., $0.30 per minute), some cost by power use (e.g., $0.40/kWh), and a few cost a flat charge per session (e.g., $5 to $7 for a fast enhance). Power-based billing continues to be creating in Canada. Free stations exist too—it’s possible you’ll 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 velocity, 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 effectively. Extra environment friendly fashions stretch every cost additional, trimming prices.
So, you possibly can count on a spread of costs: roughly $0.78 each day at house in a metropolis like Toronto (throughout off-peak hours) to round $10 for a fast public top-up on the highway. In comparison with gas-powered autos, EVs normally win on financial savings, particularly with sensible charging habits.
EV charging stations in Canada
Petro-Canada EV charging
Petro-Canada was the primary main gasoline 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.