Save on Public Transit, Taxis and Ubers With These Credit Cards

Hyder Owainati
by Hyder Owainati December 12, 2018 / No Comments

Most credit cards have a tiered rewards system and offer anywhere between 2X to 5X the points or cash back on a range of everyday purchases – from gas and groceries to restaurants and bills. One spending category that doesn’t get much love in comparison however is public transit.

In the sheer majority of cases, you’ll only earn the standard 1% return (or less) for public transit, taxis and ride-sharing purchases you make through your card.

So, it’s with that in mind that we curated a list of the best credit cards in Canada that offer rewards multipliers on commuting and ground transportation expenses.

Here are the best credit cards for public transit, taxis and Ubers


American Express Cobalt Card

  • Earn 2 points per dollar on gas, taxis, public transportation and travel (air, water, rail, or road transport, plus hotels)
  • Earn 5 points per dollar on restaurants, coffee shops, bars, grocery stores, and food delivery
  • Welcome Offer: 2,500 points every month you spend $500 in your 1st year (total value of $300)
  • Earn 1 point per dollar on all other purchases
  • Annual fee: $120 (charged at $10 monthly)

The American Express Cobalt Card was designed specifically with millennials and those who subscribe to the downtown lifestyle in mind. It should therefore come with little surprise that the card offers bonus rewards on a variety of commuting purchases.

With this card, you’ll get 2 points for every $1 spent on Presto, TTC monthly passes and fares, taxis, ride sharing services (such as Uber), trains as well as gas. Since American Express Membership points are valued at $0.01 each, that equates to a 2% return.

Transit Aside:

As one of the best travel credit cards in Canada, the American Express Cobalt also offers 2 points per dollar spent on flight tickets from any airline, 5 points per dollar on all food purchases and 1 point on everything else. While the card does have a $10 monthly fee, new cardholders can earn $25 worth of bonus points for each month at least $500 is charged on the card in the first year.

Note: Some Cobalt cardholders have reported they get 5 points per dollar on Uber rides. This is likely due to the fact that, in some instances, Uber and Uber Eats share the same merchant code and are both recognized as food purchases by American Express.


Tangerine Money-Back Credit Card

  • No annual fee
  • Earn 2% cash back on purchases in up to three categories of your choice, and 0.5% cash back on everything else
  • No limit on how much cash back you can earn

With the Tangerine Money-Back Card, one of Canada’s best cash back credit cards, you can earn 2% cash back in up to three spending categories of your choice – two of which are related to transit:

  • Public transportation and parking: which Tangerine classifies to include everything from taxis and ride-share services (such as Uber) to road tolls and public transit (both Presto and TTC);
  • And Gas

2% cash back is one of the highest returns on transit expenses for a no fee credit card in Canada. Not to mention, the card has no cap or maximum annual spend, so your cash back rate won’t ever decrease.

Transit Aside:

Some of the other 2% cash back categories you can choose from on a Tangerine-Money Back Card include restaurants, groceries, recurring bill payments and more. While a drawback of this card is that it offers only 0.5% cash back on non-category purchases, the fact it has no annual fee means it can make a great companion card.


SimplyCash Preferred Card from American Express

  • Annual fee: $99
  • Earn 5% cash back on eligible purchases for the first six months (up to $300 cash back)
  • Earn 2% cash back on all purchases after that, with no limit on how much you can earn
  • 1.99% interest rate on balance transfers made within the first six months

The American Express SimplyCash Preferred offers a flat 2% cash back rate on all your purchases. By default, that includes all daily commuting expenses including public transit, taxis and ride-sharing services as well as gas (in case you also own a car). Plus, thanks to the card’s welcome bonus, you’ll earn 5% cash back on all your purchases for the first 6 months (up to a maximum of $300).


Scotiabank Passport Visa Infinite


  • Annual fee: $139
  • Earn 2 Scotia Rewards points on every $1 spent on taxis, transit, grocery stores, dining and entertainment purchases
  • Earn 1 point per dollar on all other eligible purchases
  • Welcome Offer: Get 30,000 bonus points ($300 value) with your first $1,000 in everyday purchases in the first 3 months and 10,000 additional points if you spend $40,000 annually
  • Includes Priority Pass airport lounge membership with 6 free visits per year
  • No foreign transaction fees

In addition to being one of a select number of credit cards in Canada with no foreign transaction fees, the Scotiabank Passport Visa Infinite is among the few cards to offer bonus rewards on daily transit purchases.

You’ll get 2 Scotia Rewards points (equivalent of a 2% return) for every dollar you spend on TTC monthly passes and fares, taxis, ride-sharing services and railways.

Transit Aside:

This card offers 2 points per dollar on groceries, restaurants and entertainment purchases, and 1 point on all other purchases. Cardholders can also take advantage of free airport lounge access and a large sign up bonus of 30,000 points ($300 value). Plus, with no foreign transaction fees, you can save an estimated 2.5% on every purchase you make in a foreign currency while you’re abroad. The major drawbacks of this credit card are its $139 annual fee and that it doesn’t offer bonus points on flight tickets.