Best Credit Cards for Travel Insurance

These are the top-rated credit cards with comprehensive travel insurance packages in the market, selected by the experts at Ratehub.ca. Apply for these credit cards today and use it for your next trip!

Best Overall Rewards
Image of Scotiabank®* Gold American Express® Card

Special offer: Earn up to 20,000 bonus Scotia Rewards points with your first $1,000 in everyday purchases in the first 3 months.

Earn 5 Scotia Rewards points forevery $1 you spend at eligible grocery stores, dining and entertainment.

Earn 3 Scotia Rewards points for every $1 you spend at eligible gas stations, daily transit, and select streaming services.

Earn 1 point for every $1 you spend on all other eligible everyday purchases.

No foreign transaction fees: You will not pay 2.5% foreign transaction fees on any foreign currency purchases.

Redeem for travel anywhere, anytime, with no travel restrictions.

$120 annual fee.

Travel medical: up to $1 million for 25 consecutive days (3 days for age 65+).

Travel accident: $500,000.

Trip interruption: $1,500 per person.

Flight delay: $500 per person.

Lost baggage: $1,000 per trip.

Delayed baggage: $1,000 per trip (4+ hour delay).

75% of trip expenses must be charged to the card for insurance coverage.

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Best No Foreign Transaction Fee
Image of Scotiabank Passport™ Visa Infinite* Card

For a limited time, become a new Scotiabank Passport Visa Infinite credit cardholder and earn a one-time 30,000 Scotia Reward point bonus with your first $1,000 in everyday eligible purchases if made within the first 3 months (the “Bonus Offer”). Bonus Offer ends July 1, 2020.*

Plus, you are always eligible to earn an annual 10,000 Scotia Rewards point bonus when you spend at least $40,000 in everyday eligible purchases annually on your Scotiabank Passport Visa Infinite account.*

No Foreign Exchange Mark-Up: You will not be charged a Foreign Currency Conversion mark-up on foreign currency purchases whether you make them online or outside of Canada. Only the exchange rate applies.

Earn 2 Scotia Rewards points on every $1 you spend on eligible grocery stores, dining, entertainment purchases, and daily transit purchases.

Complimentary Airport Lounge Access: Enjoy complimentary Priority Pass™ membership, plus six free visits per year from the date of enrolment.

$139 annual fee.

Income Eligibility: Any

*Terms and conditions apply.

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Best Travel Rewards
Image of TD® First Class Travel® Visa Infinite* Card

Limited time offer: Earn up to 65,000 TD Points (a travel value of $325). Plus, first year no Annual Fee for the Primary and 1st Additional Cardholder. Conditions Apply. Must apply online by May 31, 2020.*

Earn 9 TD Points / $1 on travel booked online through Expedia For TD.

Earn 6 TD Points / $1 on travel booked over the phone through Expedia For TD.

Earn 3 TD Points / $1 on all other net purchases.

An extensive suite of travel insurance.

$120 annual fee (waived for the 1st year)

*Terms and conditions apply.

Purchase interest rate: 19.99%.

Cash advance: 22.99%.

Balance transfer: 22.99%.

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Best Overall Travel Perks & Insurance
Image of BMO World Elite™* MasterCard®*

Welcome Offer: Get 35,000 points ($250 value) + the $150 annual fee waived in the first year.*

Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, plus four annual complimentary passes ($140 value/year).

Fly on any airline, with no blackout dates.

Points can be used to cover all flight charges & taxes.

Travel medical: up to $2 million for 21 consecutive days (under the age of 65).

Travel accident: up to $500,000.

Trip interruption: $2,000 per person.

Trip delay: $500 per person (effective after 6 hours).

Lost baggage: $750 per person, $2,000 per trip.

Delayed baggage: $200 per person (12+ hour delay).

The full cost of transportation must be charged to the card for insurance coverage.

$150 annual fee (waived in the 1st year).

*Terms and conditions apply.

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