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Best MasterCard Credit Cards for Travel

Charlotte Sinclair

For the latest card recommendations, read our updated blog on the best Mastercards in Canada here.


There are a number of benefits to carrying a travel rewards credit card. First and foremost, it’s an excellent way to save on your travel purchases. You’ll earn points based on the amount you spend when using the card. You’ll then be able to redeem these points to pay for travel costs.

Another great bonus is that most travel credit cards offer a selection of travel insurance benefits that minimize the stress of travelling.

The MasterCard World Elite credit cards offer a great selection of travel rewards cards from different providers. They often include various benefits such as purchase protection, personal assistance, travel assistance, travel protection, and special offers. Card benefits will vary slightly between issuers. Therefore, it’s important to shop around and find the card that is right for you.

Here’s a look at the best credit cards for travel that are MasterCard credit cards:

Card details

  • $150 annual fee
  • Earn two points for every $1 spent
  • Receive 30,000 bonus miles (a $300 value) for a limited time
  • Best in-class travel insurance

The BMO World Elite MasterCard is a great choice if you’re looking for a travel rewards card. You will earn two points on all your purchases. Also, for a limited time you can receive 30,000 welcome points (equal to a travel credit of $300). You can redeem your points for travel as well as travel expenses. This means you can use your points towards flights on any airline at anytime. You’ll receive additional World Elite perks as well. Finally, another ideal feature on this travel card is its wide range in travel insurance that can protect you while you’re on vacation. One thing to note is that this card has an annual fee of $150.

Capital One Aspire Travel World Elite MasterCard

capital-one-aspire

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  • $150 annual fee
  • Earn two miles for every $1 spent
  • Receive 40,000 bonus miles (equal to $400 in travel) when you spend $1,000 on purchases within the first three months
  • Includes travel insurance

The Capital One Aspire Travel World Elite MasterCard is definitely a card you should consider when looking at travel rewards cards. Like the BMO World Elite MasterCard, you’ll earn two miles for every $1 you spend. And if you spend $1,000 within three months, you’ll receive 40,000 bonus miles (equal to $400 in travel). This is a great way to start building points. Another perk offered by this credit card is excellent travel insurance coverage. Note that this card also has an annual fee of $150.

Card details

  • $89 annual fee (waived for the first year)
  • Earn two MBNA Rewards points for every $1 you spend
  • Receive 10,000 bonus points (a $100 value) after your first purchase
  • Includes travel insurance

The MBNA Rewards World Elite MasterCard comes with a lower annual fee than the other two cards. You’ll still earn two rewards point for every $1 you spend. This card offers an excellent redemption value and there’s no limit to the number of points you can earn. This card also features a wide range of travel insurance and World Elite benefits.

Also read:

Flickr: Håkan Dahlström

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