Whether or not you’re utilizing a public charger on the go or plugging in at dwelling, the price of protecting your electrical automobile (EV) powered up can sneak up on you. However the proper bank card could make up for a few of the price via 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 similar time.
Greatest bank cards for EV charging in Canada
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Gold: Greatest for EV charging
Curiosity Charges:
20.99% buy, 22.99% money advance, 22.99% stability switch
Welcome supply:
$250 worth
Earn a ten% money again welcome bonus of as much as $250 (first 4 statements). Provide not out there to QC residents. Phrases and situations apply.
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Silver: Greatest 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% stability switch
Welcome supply:
$101 worth
Earn 14,000 Avion factors upon approval – that’s $100 of worth in present playing cards! Apply by Might 7, 2025.
Examine bank cards for EV drivers
Use the desk beneath to check EV charging bank card choices, or maintain 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.
Greatest card by class | Annual payment | Rewards on EV charging | Equal return on spending | Spending cap for bonus fee | Earn on the similar fee for fuel purchases | Low cost on fuel purchases | Private annual earnings requirement | Beneficial credit score rating | Apply now (featured playing cards solely) |
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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 Gasoline, Ultramar and Chevron stations | $60,000 per yr | 725 or larger | 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 larger | Go to site |
Amex SimplyCash Most well-liked![]() |
$120 | 4% money again | 4% | No restrict | Sure | None | None specificed | 725 or larger | 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 Gasoline, Ultramar and Chevron stations | $15,000 per yr | 560 or larger | 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 like 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 high choose 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: Rise up to $400 in worth, together with a first-year annual-fee 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 stability transfers |
Earnings required | Private earnings of $60,000 or family earnings of $100,000 |
Credit score rating | 725 or larger |
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 choice for electrical and hybrid automobile drivers. It has a low annual payment, and it affords 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 gasoline 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 Might 7, 2025.
Card particulars
Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on stability 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 choice, 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 areas for drivers of hybrid and fuel vehicles.
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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 stability transfers (21.99% in Quebec) |
Earnings required | Private earnings of $80,000 or family earnings of $150,000 |
Credit score rating | 760 or larger |
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 Vehicle Affiliation, get 4 free service calls per yr, together with towing (as much as 10 km), tire modifications, winching, battery boosts, lockout help, emergency gasoline supply and extra.
- Gasoline financial savings: Hybrid drivers will recognize the gasoline 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 fee.
- 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 well-liked is a stable choice for electrical and hybrid automobile drivers. Though you earn the bottom fee of two% on EV charging, that’s nonetheless the very best base earn fee in Canada. And if you happen to want fuel from time to time, you’ll earn a formidable 4%. Plus, get insurance coverage protection and entry to Amex advantages.
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Amex SimplyCash Most well-liked
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 (complete 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 larger |
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 great choice 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. Neglect your Costco membership card? Don’t fear—this card is all you could 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 larger |
Execs
- Excessive earn charges: Earn 2% on EV charging and fuel purchases not at Costco, and three% on Costco fuel purchases and eating.
- Cell gadget 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 further playing cards: Additional incomes at no added price.
- Installment cost choice: Use the CIBC Tempo It installment program to unfold the price of giant 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 purchasing, 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 yearly as a money again present 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 automobiles in Canada, together with charging occasions 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 will depend on 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 highway journey.
Charging time will depend on the ability supply, the automobile’s charger and its battery measurement, and even climate situations:
- The ability supply: A primary family outlet may take days to refill an EV—consider it as trickling water right into a barrel with a tiny spout. A quicker dwelling 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 choice. These can juice up your battery in lower than an hour.
- The automobile: Take a small battery, like in a Nissan Leaf—it’d 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 dwelling or round two hours with quick charging.
- Climate: Climate can nudge these occasions a bit—chilly or sizzling days may sluggish issues down—however it’s normally 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 dwelling, relying in your setup and EV.
How a lot does it price to cost and electrical automobile?
At dwelling, the place most EV house owners 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 fluctuate by location and time, although. The fee may be larger throughout peak hours and in pricier areas.
Public charging stations supply comfort however usually 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 fee per session (e.g., $5 to $7 for a fast enhance). Power-based billing remains to be creating 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 price 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 an enormous one in a full electrical SUV. Effectivity performs a job as nicely. Extra environment friendly fashions stretch every cost additional, trimming prices.
So, you possibly can count on a variety of costs: roughly $0.78 day by day at dwelling 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 automobiles, EVs normally win on financial savings, particularly with good charging habits.
EV charging stations in Canada
Petro-Canada EV charging
Petro-Canada was the primary main fuel retailer to broaden 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.