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Canada’s Top No-Fee Cash-Back Credit Cards for 2025

  Looking to earn rewards without paying an annual fee? Canadians have access to a variety of cash-back credit cards that offer impressive perks with zero yearly cost. Whether you're fueling up, grocery shopping, or just handling everyday expenses, these cards help you stretch your dollars further. Here’s a roundup of the top 10 no-annual-fee cash-back credit cards in Canada for 2025: Top Picks SimplyCash® Card from American Express 1.25% cash back on all purchases Welcome bonus: Up to $100 cash back  Annual fee: $0 Rogers Red World Elite® Mastercard® 1.5% average cash back Great for U.S. dollar purchases  Annual fee: $0 Tangerine Money-Back Credit Card 2% cash back in up to 3 categories of your choice Welcome bonus: $60 + 10% extra cash back for 2 months Annual fee: $0 Neo World Mastercard® Up to 15% cash back on first-time purchases Best for retail shopping Annual fee: $0 CIBC Costco Mastercard® Best for restaurants and Costco purchases A...
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UK Grocery Inflation Hits 18-Month High, Squeezing Household Budgets

 

Grocery price inflation in the UK surged to 5.2% in the four weeks leading up to July 13, marking the highest rate since January 2024. The increase, up from 4.7% the previous month, is expected to add an average of £275 to annual household grocery bills.

What's Driving the Rise?

  • Retailer costs: Rising staff wages, increased National Insurance contributions, and regulatory expenses are being passed on to consumers.
  • Commodity pressures: Global supply chain issues continue to affect food prices.
  • Consumer behavior: Nearly two-thirds of UK households report being “very concerned” about grocery costs.

How Shoppers Are Adapting

  • Switching to own-label products: Sales of supermarket-branded items rose by 5.6%, outpacing branded goods at 4.9%.
  • Simpler meals: About 70% of dinners now include fewer than six ingredients, reflecting budget-conscious cooking habits.

Winners and Losers in Retail

SupermarketSales GrowthMarket Share
Ocado+11.7%2.0%
Lidl+11.1%8.3%
Tesco+7.1%28.3%
Sainsbury's+5.3%15.1%
Asda-3.0%11.8%
Co-op-3.7%5.2%

Discount retailers like Lidl and Aldi are gaining ground as shoppers seek value, while Asda and Co-op saw declines.


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