Which card is better for groceries, Amazon.ca Rewards or Platinum Mastercard?

The Amazon.ca Rewards earns 1x on groceries, while the Platinum Mastercard earns 2x. The better choice depends on your grocery spending and the specific merchants you shop at.

Amazon.ca Rewards vs Platinum Mastercard — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

Platinum Mastercard wins by $330/yr — strongest in groceries

Platinum Mastercard earns $128 more on groceries
Amazon.ca Rewards earns $63 more on shopping
$250 welcome bonus advantage

Groceries: +$128Shopping: +$63Dining & Restaurants: +$33

Amazon.ca Rewards: $30/yr in foreign transaction fees

Platinum Mastercard: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$398

/first year

0.9% effective$33/mo

vs 1% no-fee card: −$21

Annual rewards earned+$428

Welcome bonus+$0

FX costs−$30

Annual fee−$0

Winner

$728

/first year

1.7% effective$61/mo

vs 1% no-fee card: +$309

Annual rewards earned+$508

Welcome bonus+$250

FX costs−$30

Annual fee−$0

Best for your spendingPlatinum Mastercard—$728Year 1 value

+$330 more than Amazon.ca Rewards

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Earn Rates by Category

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The Bottom Line

Platinum Mastercard wins by $330/yr — strongest in groceries

Platinum Mastercard earns $128 more on groceries
Amazon.ca Rewards earns $63 more on shopping
$250 welcome bonus advantage

Groceries: +$128Shopping: +$63Dining & Restaurants: +$33

Showing Year 1 analysis

Platinum Mastercard wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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