Cash back cards are a great option for those financially-responsible, savvy-spender types. You know, the guy or gal who is never late with a payment, pays their credit card balance off each month, and uses their card for…well, everything.
Since cash back cards generally come with higher annual fees and interest rates, they’re better suited for those who consistently live within their means and pay on time. If you fall in this category you should consider switching to a premium cash back card. According to Moneysense, one of the top cash back cards in Canada is the Scotia Momentum Visa Infinite Card.