Which card is better for groceries, ATB Gold My Rewards or Scotiabank GM Visa?

The ATB Gold My Rewards earns 0.5x on groceries, while the Scotiabank GM Visa earns 3%. The better choice depends on your grocery spending and the specific merchants you shop at.

ATB Gold My Rewards vs Scotiabank GM Visa — Which Is Better? | Churnr

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

Scotiabank GM Visa wins by $401/yr — strongest in groceries

Scotiabank GM Visa earns $320 more on groceries
Scotiabank GM Visa earns $90 more on gas

Groceries: +$320Gas: +$90Bills & Utilities: +$24

ATB Gold My Rewards: $30/yr in foreign transaction fees

Scotiabank GM Visa: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$243

/first year

0.6% effective$20/mo

vs 1% no-fee card: −$175

Annual rewards earned+$173

Welcome bonus+$100

FX costs−$30

Annual fee−$0

Winner

$644

/first year

1.5% effective$54/mo

vs 1% no-fee card: +$226

Annual rewards earned+$674

FX costs−$30

Annual fee−$0

Best for your spendingScotiabank GM Visa—$644Year 1 value

+$401 more than ATB Gold My Rewards

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Earn Rates by Category

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The Bottom Line

Scotiabank GM Visa wins by $401/yr — strongest in groceries

Scotiabank GM Visa earns $320 more on groceries
Scotiabank GM Visa earns $90 more on gas

Groceries: +$320Gas: +$90Bills & Utilities: +$24

Showing Year 1 analysis

Scotiabank GM Visa 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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