The best travel credit cards in Canada for 2026
April 6, 2026
The best travel credit cards in Canada can help you earn points on everyday purchases and redeem them for flights, hotels, and more. Below, we compare the top travel rewards credit cards in 2026.
Find Canada’s best cards suited for you in 60 seconds! View cards and offers you’re likely to qualify for without affecting your credit or needing a SIN.
Compare Canada’s best travel credit cards at a glance
Find Canada’s best cards suited for you in 60 seconds! View cards and offers you’re likely to qualify for without affecting your credit or needing a SIN.
Our methodology: how we choose the best credit cards
Ratehub.ca evaluates the best credit card rewards credit cards by considering overall consumer value and suitability for various types of consumers. Our evaluation methodology incorporates factors such as the card’s annual fee, rewards earning rates, ease-of-use, welcome or promotional offers, approval rates, eligibility criteria, and redemption choices. We have also considered the pros and cons of each card to help you determine which case best suits your financial needs and spending habits.
Best travel credit cards in Canada for 2026 - by category
| Travel credit card | Best for | Annual fee | First year value (after annual fee) |
| Scotiabank Gold American Express Card | Best overall and best travel insurance | $120 | $1186 |
|---|---|---|---|
| Scotiabank Passport Visa Infinite | No foreign exchange fees | $150 | $682 |
| American Express Cobalt | (Honourable mention) Best overall | $15.99/month ($191.88 annually) $191.88/year for Quebec residents |
$373 |
| American Express The Platinum Card | Premium travel | $799 | $415 |
| Tangerine Money-Back World Mastercard | No fee | $0 | $224 |
| TD First Class Travel Visa Infinite | Best Visa card for travel | $139 | $1297 |
| BMO Ascend World Elite Mastercard | Best Mastercard for travel | $120 | $291 |
| TD Aeroplan Visa Infinite Card | Airline branded card | $139 | $1116 |
| Marriott Bonvoy American Express | Hotel branded card | $120 | $1433 |
Best overall travel credit card and best travel credit card for travel insurance
Best for Groceries & dining
based on spending $2,200/mo after $120 annual fee
- Earn rewards
1pt – 6pts / dollar spent
- Welcome bonus
Earn up to 45,000 points (a $450 value)
- Annual fee
$120
Perks of the Scotiabank®* Gold American Express® Card
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | up to a maximum of $500,000 (to a maximum of $1,000,000 per occurrence) | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | $1,000,000 for 25 days (under 65) | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | MSRP of up to $65,000, for 48 days | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Up to $1,500 per person for travel expenses (maximum $10,000 per trip) | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Up to $1,500 per person for travel expenses (maximum $10,000 per trip) | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Up to $500 coverage per person | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Up to $1,000 (combined maximum with lost baggage) | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Up to $1,000 (combined maximum with lost baggage); delays over 4 hours | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Up to $1,000 per burglary occurrence | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Up to $1,000 per occurence | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Covered for 90 days | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Up to one additional year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | 60 days from the date of purchase of most new items of personal property purchased in Canada | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Earn up to $850 in welcome offers, first year rewards and savings value, and up to 45,000 bonus Scene+ points.¹
- Earn 6x Scene+ points¹ on every $1 you spend at Sobeys, Safeway, Freshco, Foodland and more
- Earn 5x Scene+ points¹ for every $1 you spend on dining, food delivery and other eligible grocery stores. Includes popular food delivery and food subscriptions.
- Earn 5x Scene+ points¹ for every $1 you spend in Canada eligible entertainment purposes.Includes movies, theatre and ticket agencies stores.
- Earn 3x Scene+ points¹ for every $1 CAD you spend in Canada on eligible gas and daily transit options.Includes rideshares, buses, subway, taxis and more
- Earn 3x Scene+ points¹ for every $1 CAD you spend in Canada on eligible select streaming sevices
Plus earn 1 Scene+ point for every $1 spent on all other eligible everyday purchases - Earn additional benefits + up to 4X Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
- No Foreign Transaction Fee
- Comprehensive Travel Insurance coverage
- AMEX Offers®
- AMEX Front of the Line®
- American Express Invites®
- Complimentary Concierge Services
- Apply with confidence! See if you’ll be approved before you apply – with no impact to your credit score*.
- *Instant decisions are only available for Consumer (also known as Personal) Card applications.
- Rates, fees and other information are effective as of October 31, 2025. Subject to change.
Ratehub’s take
The Scotiabank Gold American Express Card earns an honourable mention as one of the best overall travel credit cards for the outstanding benefits it offers to cardholders. This card stands out as a top choice, thanks to its exceptional return on spending and a variety of travel-related perks. This card is particularly useful for those who dine out often, travel, and enjoy entertainment.
Pros
- No foreign exchange fee: Save on foreign currency purchases while travelling abroad or shopping online, as this card doesn’t charge the typical 2.5% foreign transaction fee
- Extensive insurance coverage: Enjoy comprehensive travel insurance, including the $1 million travel medical insurance, which lasts for 25 days and is one of the longer coverage periods available on the market
- High return on spending: Earn five points per $1 spent on groceries, restaurants, food delivery, and entertainment – one of the best in class multipliers in the market. Earn three points per $1 spent on gas and transit expenses
Cons
- Limited acceptance: American Express isn’t as widely accepted in Canada compared to Visa and Mastercard
- Annual Fee: This card carries an annual fee of $120
- Fixed point values: Although earn rates are high, travel points are always worth one cent per point and you can’t transfer your points to other airline rewards programs like you can with other cards
- Airport lounge access is not free: Although you’ll get a discount on a Priority Pass membership for airport lounge access, lounge visits aren’t included with the card
Eligibility requirements
Minimum credit score: 725
Minimum income: $12,000/yr
Interest rates
Purchase interest: 20.99%
Cash advance: 22.99%
Balance transfer: 22.99%
Best travel credit card with no foreign exchange fees
Best for Travel perks
based on spending $2,200/mo after $150 annual fee
- Earn rewards
1pt – 3pts / dollar spent
- Welcome bonus
Earn up to 60,000 points (a $600 value)
- Annual fee
$150
Perks of the Scotiabank Passport™ Visa Infinite* Card
| Perks | Details | |
|---|---|---|
| Lounge access | Includes 6 lounge passes per year | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | $500,000 per person ($1 million total) | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | $2,000,000 for 25 days (under 65) | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | MSRP of up to $65,000, for 48 days | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Up to $1,500 per insured person / $10,000 per trip | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Up to $2,500 per insured person / $10,000 per trip | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Up to $500 coverage per person | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Combined maximum $1,000 | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Up to $1,000; delays over 4 hours | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Up to a maximum of $1,000 | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Not included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | $60,000 lifetime limit | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Up to one additional year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Earn up to $1,500 in first year welcome offers, rewards and savings, including up to 60,000 bonus Scene+ points¹
- Earn 3x Scene+ points¹ on every $1 you spend at Sobeys, Safeway, IGA, Foodland and participating
Co-ops and more - Earn 2x Scene+ points¹ for every $1 you spend on other eligible grocery stores, dining, eligible entertainment purchases and eligible daily transit options (including rideshares, buses, subways taxis and more)
- Plus earn 1 Scene+ point for every $1 spent on all other eligible everyday purchases
- Earn additional benefits + up to 3X Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
- No Foreign Transaction Fee
- 6 Complimentary Airport Lounge Access
- Comprehensive Travel Insurance coverage
- Visa Infinite* Concierge Services
- Visa Infinite* Hotel Collection
- Visa Infinite* Dining and Wine Country program
- Rates, fees and other information are effective as of Jan 2, 2026. Subject to change.
Ratehub’s take
The Scotiabank Passport Visa Infinite card makes a great vacation companion, designed for Canadians who travel abroad and explore the world. It is one of the few cards that covers foreign transaction fees, and also includes valuable travel benefits like airport lounge access.
Pros
- No foreign transaction fee: Save 2.5% on all non-Canadian currency purchases
- Scene+ points: Earn three Scene+ points per $1 spent at participating grocery stores (e.g., Sobey’s, IGA, and FreshCo) and two Scene+ points per $1 spent on eligible grocery, dining, entertainment, and daily transit purchases
- Flexible redemption: Enjoy flexible point redemption options including for travel, groceries, statement credits, gift cards, and movie tickets
- Airport lounge access: Access airport lounges with six free visits per year to over 1,200 lounges worldwide
- Visa Infinite benefits: Benefit from the Visa Infinite Luxury Hotel Collection, Visa Infinite Dining series, and complimentary Avis Preferred Plus membership
- Comprehensive travel insurance: Enjoy coverage for emergency medical, trip cancellation/interruption, flight delays, and more
Cons
- Annual fee: The annual fee of $150 is higher than some comparable cards
- Low point return: The earn rate for certain spending categories like dining and entertainment is lower compared to other cards
- Consistent point values: Travel points are always worth one cent per point and you can’t transfer your points to other airline rewards programs like you can with some Amex cards
Eligibility requirements
Minimum credit score: 725
Minimum income: $60,000/yr
Interest rates
Purchase interest: 20.99%
Cash advance: 22.99%
Balance transfer: 22.99%
Honourable mention for best overall travel credit card
Best for Groceries & dining
based on spending $2,200/mo after $192 annual fee
- Earn rewards
1pt – 5pts / dollar spent
- Welcome bonus
Earn up to 15,000 points (a $150 value)
- Annual fee
$192
Perks of the American Express Cobalt® Card
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | up to $250,000 | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | $5,000,000 for first 15 consecutive days (under 65) | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | MSRP of up to $85,000, for 48 days | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Not included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Not included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | up to $500 (combined maximum with Baggage Delay Insurance); delays 4 hours or more | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | $500 per trip for all persons | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | $500 (combined maximum with Flight Delay Insurance); delays 6 hours or more | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | $500 against the loss of most personal items (excluding cash) | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Up to $1,000 for 90 days | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Up to $1,000 for 90 days | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Up to one additional year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | up to 1 additional year | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Apply with confidence! See if you’ll be approved before you apply – with no impact to your credit score*.
- *Instant decisions are only available for Consumer (also known as Personal) Card applications.
- In your first year as a new Cobalt Cardmember, you can earn 1,250 Membership Rewards® points for each monthly billing period in which you spend $750 in net purchases on your Card. This could add up to 15,000 points in a year. That’s up to $150 towards a weekend getaway or concert tickets
- Earn 5x the points on eligible eats and drinks in Canada, including groceries and food delivery. Spend cap applies.
- Earn 3X the points on eligible streaming subscriptions in Canada
- Earn 2X the points on eligible ride shares, transit & gas in Canada
- Earn 1 additional point on eligible hotel and car rental bookings via American Express Travel Online
- Earn 1X point for every $1 in Card purchases everywhere else
- Enjoy access to hotel bookings, a room upgrade (when available), 12pm check-in and late check-out (when available), and up to $100 USD hotel credit to use on amenities when charged to the room for a stay of 2 or more consecutive nights through The Hotel Collection from American Express Travel
- Transfer points 1:1 to several frequent flyer and other loyalty programs
- Access Front Of The Line® Amex Presale & Reserved Tickets to some of your favourite concerts and theatre performances and special offers and events curated for Cardmembers with Amex ExperiencesTM
- $15.99/month (Equals $191.88 annually) for non-Quebec residents. $191.88/year for Quebec residents.
- American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.
Ratehub’s take
The American Express Cobalt is one of Canada’s best travel credit cards. If you’re looking for a versatile credit card that rewards both everyday spending and travel, the American Express Cobalt is an ideal choice. Cardholders can enjoy strong travel insurance, a generous welcome offer, and flexible point redemption options.
Pros
- Exceptional point earning: 5x the points on eligible restaurant and food delivery, 3x the points on eligible streaming services, 2x the points on ride shares, transit and gas. The earning potential for restaurants and takeout is significantly higher than most other cards
- Flexible point redemption: Travelers can choose from three ways to use their points: points 1:1 to several valuable loyalty programs including Aeroplan, use the Fixed Points Program to simplify redemptions regardless of travel dates, or use points for statement credits at a rate of 1 point = 1 cent. Or, redeem Membership Rewards for travel, gift cards, merchandise, or purchases
- Exclusive access: Enjoy privileges such as Front of the Line Presale and Reserved tickets to concerts, theatre performances, movie screenings, culinary events, and other special offers
- Comprehensive travel insurance: Benefit from a strong travel insurance package, including up to $5,000,000 in travel emergency medical
- No additional fee for authorized users: Add authorized users for no extra cost (an average fee of $30-50 on other comparable cards)
Cons
- Monthly fee: A monthly fee of $15.99 (totalling an annual fee of $191.88, which is higher than most other rewards cards)
- Limited acceptance: American Express isn’t as widely accepted in Canada compared to Visa and Mastercard
- Travel insurance age limitations: The travel insurance package does not cover trip cancellation or medical coverage for cardholders over the age of 65
- Lack of airport lounge access: Frequent travellers may be disappointed as this card does not offer access to airport lounges
Eligibility requirements
Minimum credit score: 725
Minimum income: N/A
Interest rates
Purchase interest: 21.99%
Cash advance: 21.99%
Balance transfer: N/A
Best premium travel credit card
Best for Premium perks
based on spending $3,500/mo after $799 annual fee
- Earn rewards
1pt – 2pts / dollar spent
- Welcome bonus
Earn up to 70,000 points (a $700 value)
- Anniversary bonus
Earn up to 30,000 points (a $300 value)
- Annual fee
$799
Perks of the American Express® The Platinum Card®
| Perks | Details | |
|---|---|---|
| Lounge access | Complimentary access; 1,400 lounges | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | $500,000 per person | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | $5,000,000 for first 15 days (under 65) | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | MSRP of up to $85,000, for 48 days | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | $2,500 per person, $5,000 per trip | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | $2,500 per person, $6,000 per trip | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Up to $1,000; delays over 4 hours | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Combined maximum $1,000 | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Up to $1,000; delays of 6 hours or more | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Included | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Not included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Up to $1,000 within 120 days | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Up to one additional year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Apply with confidence! See if you’ll be approved before you apply – with no impact to your credit score*.
- *Instant decisions are only available for Consumer (also known as Personal) Card applications.
- Ratehub.ca’s 2023 Award Winner – Best Perks Credit Card
- Unlock special experiences with the Platinum Card®
- Earn up to 100,000 Membership Rewards® points – that’s up to $1,000 towards a weekend away
- New Platinum® Cardmembers, earn 70,000 Welcome Bonus points after you charge $10,000 in net purchases to your Card in your first 3 months of Cardmembership
- Plus, earn 30,000 points when you make a purchase between 15 and 17 months of Cardmembership
- Earn 2 points for every $1 in Card purchases on eligible dining and food delivery in Canada, 2 points for every $1 in Card purchases on eligible travel, and 1 point for every $1 in all other Card purchases
- Access a $200 Annual Travel Credit through American Express Travel Online or Platinum® Card Travel Service
- Enjoy a $200 Annual Dining Credit at some of Canada’s best restaurants
- Unlock $200 or more in additional value with Member extras. You can earn statement credits for qualifying purchases with participating brands
- Take full advantage of The American Express Global Lounge CollectionTM which unlocks access to over 1,400 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience. Terms and Conditions apply
- Enjoy flexible ways to use your points such as statement credits for any eligible purchase charged to your Card, new travel purchases booked on American Express Travel Online through the Flexible Points Travel Program, and eligible flights through the Fixed Points Travel Program
- Transfer points 1:1 to several frequent flyer and other loyalty programs
- Enjoy complimentary benefits that offer an average value of $550 USD at over 1,600 extraordinary properties worldwide when you book Fine Hotels + Resorts
- Platinum Cardmembers can enjoy access to special events and unique opportunities
- Enjoy premium benefits at the Toronto Pearson Airport
- You will also have access to many leading hotel and car rental companies’ loyalty programs. Our partners include Marriott International, Hilton Hotels and Resorts, Hertz and Avis
- Interest applies in accordance with your Cardmember Agreement, Information Box, and Disclosure statement if the total New Balance is not paid by the Payment Due Date each month. All payments must be received by the Payment Due Date shown on the monthly statement
- American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment
Ratehub’s take
While the American Express Platinum card’s annual fee is steep, the premium travel perks arguably outweigh the cost to use it. You’ll enjoy free, unlimited airport lounge access (while most other cards only offer a free membership or a few passes per year), hotel upgrades, a valuable annual travel and dining credit, and more.
Pros
- Unlimited lounge access: Enjoy free, unlimited lounge visits at over 1,400 lounges across the world with the
- American Express Global lounge collection
- Strong travel insurance offering: Includes everything from out-of-province emergency medical to $500,000 travel accident insurance
- Stretch your points values further: Transfer points to other travel loyalty programs at a 1:1 ratio for increased value and flexibility
- Upgraded gold hotel status with Marriott Bonvoy and Hilton Honors and deals on car rentals through American Express Online
Cons
- Very high annual fee
- Doesn’t waive foreign transaction fees, which can really add up when you’re traveling
- This is a charge card, so you’ll have to pay off whatever you spend in full each month or face a high interest rate
- American Express isn’t as widely accepted in Canada compared to Visa and Mastercard
Eligibility requirements
Minimum credit score: 725
Minimum income: N/A
Interest rates
Purchase interest: N/A
Cash advance: N/A
Balance transfer: N/A
Best no fee travel credit card
Best for Flexible spending
based on spending $2,200/mo after $0 annual fee
- Earn rewards
0.5% – 2% / dollar spent
- Welcome bonus
Earn up to $120
- Annual fee
$0
Perks of the Tangerine® Money-Back World Mastercard®*
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | Not included | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Not included | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | Damage and theft protection for your car rental when you rent for up to 31 consecutive days and charge the full cost of your rental to your Card. | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Not included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Not included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Not included | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Not included | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Not included | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Not included | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Protection on new cell phones, smartphones or tablets when you charge the full cost to your Card, or when you purchase it through a plan and charge all of your wireless bill payments to your Card. Covers up to $1,000 if your mobile device is lost, stolen, accidentally damaged or experiences mechanical failure. | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Purchase Assurance to automatically cover loss, theft or damage on most new insured items for 90 days from the date of purchase | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Extended Warranty which may double the period of repair services to a maximum of one year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Not included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Get $120 with a Money-Back World Mastercard®* Spend $1,500 in your first 3 months to enjoy this Bonus. It’s the no annual fee Credit Card with the most cash back categories to choose from † Apply by April 30, 2026
- 2% Money-Back Rewards on purchases in two categories of your choice.
- Deposit your Rewards into a Tangerine Savings Account and get a third 2% Money-Back category.
- Groceries, gas, and beyond, choose from 13 categories to suit your spending. And change them up every 90 days to match your purchases.
- Get built-in peace of mind when you use Tangerine’s Money-Back Credit Card with features like Purchase Assurance and Extended Warranty.**
Ratehub’s take
The Tangerine World Mastercard is a well-rounded credit card offering thorough insurance coverage, including mobile device coverage, exclusive World Mastercard benefits, and airport lounge access through the Mastercard Travel Pass. This card makes a fantastic travel companion while providing great cash back value.
Pros
- Customizable bonus categories: Pick up to three bonus categories to earn 2% cash back on (out of a total of 13 options), which is in sharp contrast to most other cards, where you have fixed bonus categories that you have no control over. Users are also given the freedom to change the bonus categories at any time (changes will take up to 90 days to come into effect)
- Balance Transfer Option: Take advantage of a 1.95% balance transfer promotion for the first 6 months, providing potential savings on interest charges to help you pay off your credit card debt. (Balance transfer fee of 3%)
- Comprehensive Insurance Coverage: Surprisingly robust insurance coverage, particularly mobile device insurance, which is uncommon for a no-fee card.
- Exclusive World Mastercard Benefits: Access Mastercard Priceless Cities and Mastercard World Experiences for unique global experiences and valuable offers.
- Airport Lounge Access: Enjoy access to over 1,000 airport lounges worldwide through Mastercard Travel Pass, enhancing your travel experience (at a cost of $32 USD per visit)
Cons
- High Income Requirements: The card comes with a high annual income requirement of $60,000. However, if these are not met, the Tangerine Money-Back Credit Card is a viable alternative with few sacrifices.
- Low Earn Rate: You only earn 0.5% on all purchases outside of bonus categories.
Eligibility requirements
Minimum credit score: 725
Minimum income: $50,000/yr
Interest rates
Purchase interest: 20.95%
Cash advance: 22.95%
Balance transfer: 1.95% for the first 6 months. 22.95% after promo.
Best Visa travel credit card
Best for Travel
based on spending $2,200/mo after $139 annual fee
- Earn rewards
2pts – 8pts / dollar spent
- Welcome bonus
Earn up to 165,000 points (a $825 value)
- Annual fee
$139 $0 first year waived
Perks of the TD First Class Travel® Visa Infinite* Card
| Perks | Details | |
|---|---|---|
| Lounge access | Included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | Included | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Included | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | Included | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Included | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Included | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Included | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Included | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Included | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Included | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Not included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Earn up to $1,400 in value†, including up to 165,000 TD Rewards Points, and receive an annual fee rebate for the first year† and additional travel benefits. Conditions Apply.
- Earn a welcome Bonus of 20,000 TD Rewards Points when you make your first Purchase with your Card†.
- Earn 145,000 TD Rewards Points when you spend $7,500 within 180 days of Account opening†.
- Earn a Birthday Bonus of up to 10,000 TD Rewards points†.
- Get an annual TD Travel Credit† of $100 when you book at Expedia® For TD†.
- Get an Annual Fee Rebate for the first year†.
- Enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program (a value of up to $277)†.
- To receive the first-year annual fee rebate for the Primary Cardholder, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening. To receive the Additional Cardholder(s) first-year annual fee rebate, you must add your Additional Cardholder(s) while the offer is in effect.
- Offer may be changed, withdrawn, or extended at any time and cannot be combined with any other offer unless otherwise indicated.
- Reward Points on all the things you normally do, whether you use your Card for groceries, dining, paying bills, public transit, streaming services or booking travel. The rewards will add up quickly so you can enhance your travel experience or enjoy a wide variety of rewards.
- Your Card also allows you to enjoy:
- An annual TD Travel Credit† of $100 when you book at Expedia® For TD†.
- Take a break at the airport and relax in one of the 1,200+ global lounges before you take off – enjoy your 4 complimentary visits by enrolling now for the Visa Airport Companion Program†.
- TD Rewards Birthday bonus† that helps you celebrate your special day.
- An extensive suite of travel insurance coverages which helps you travel prepared
- No travel blackouts†, no seat restrictions† and no expiry† for your TD Rewards Points as long as your account is open and in good standing.
- Earn 8 TD Rewards Points† for every $1 you spend when you book travel through Expedia® For TD†
- Earn 6 TD Rewards Points† for every $1 you spend on Groceries, Dining, and Public Transit†
- Earn 4 TD Rewards Points† for every $1 you spend on Recurring Bill Payments and Streaming, Digital Gaming & Media†
- Earn 2 TD Rewards Points For every $1 you spend on other Purchases made using your Card† plus earn an annual Birthday Bonus† of up to 10,000 TD Rewards Points
- Earn more at Starbucks: Link your eligible Card to earn 50% more TD Rewards Points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
- This offer is not available for residents of Quebec
- †Terms and conditions apply.
- Financial institutions pay us for connecting them with customers, including by paying for advertisements, clicks, or when someone applies for/is approved for a product. Terms and conditions apply between you and the provider of the product – please be sure to review them. Product information and details vary for Quebec. The content provided on our site is for information only; it is not meant to be relied on or used in lieu of advice from a professional. Partners/Advertisers are not responsible for the accuracy of information on our site. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.
Ratehub’s take
The TD First Class Travel Visa Infinite is your passport to travel rewards, offering flexible redemption options and value for frequent travellers looking for a Visa credit card with travel points.
Pros
- Flexible redemption: Redeem points on flights, hotels, car rentals and more through Expedia for TD, with points redeemable in increments as low as one dollar
- Exclusive offers: Enjoy 10% off car rentals from select Avis and Budget locations, an annual discount to Priority Pass Memberships
- Extensive travel package: Enjoy comprehensive travel insurance, including emergency travel medical (up to $2 million), trip cancellation/interruption, and more
- TD Travel Credit: Receive an annual TD Travel Credit of $100 when you book at Expedia for TD
- Complimentary airport lounge access: Enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program (a value of up to $277)
Cons
- Income requirement: A minimum personal income of $60,000 and $139 annual fee may limit eligibility for some users
- Low point value: The average dollar value of one TD Reward point is $0.005, which is low compared to other travel credit cards
- Low earn rate for specific categories: Other cards offer high point values for specific spending categories like dining and entertainment
- No waived foreign transaction fees: Foreign transaction fees are not waived, so consider this if you plan to use the card for shopping abroad
Eligibility requirements
Minimum credit score: 725
Minimum income: $60,000/yr
Interest rates
Purchase interest: 21.99%
Cash advance: 22.99%
Balance transfer: 22.99%
Also consider
based on spending $2,200/mo after $120 annual fee
- Earn rewards
1pt – 1.25pts / dollar spent
- Welcome bonus
Earn up to 55,000 points (a $1,100 value)
- Annual fee
$120
Perks of the RBC Avion Visa Infinite
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | $500,000 per person | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Unlimited for first 15 days under 65 years | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | MSRP of up to $65,000, for 48 days | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Up to $1,500 per person | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Up to $5,000 per person | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | $250 per person; 4 hours or more | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Included | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | $500 per person; 4 hours or more | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | $2,500 per occurrence | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Up to $1,500 per occurence | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Covered for 90 days | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Up to one additional year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Not included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Get up to 55,000 Avion points1 (max travel value of $1,100†), that’s up to 3 round trip flights ^
- Get 35,000 Welcome Points on approval and 20,000 bonus points when you spend $5,000 in your first 6 months1. Apply by June 15, 2026.
- Earn 1 Avion point for every dollar you spend* and an extra 25% on eligible travel purchases.
- Avioners can book flights with points on any airline, on any flight, at any time, early or last minute, with no blackout periods or restrictions.
- Avioners earn points that never expire so your points will be waiting for your next adventure.
- Redeem your points for travel and more. Use points for anything from paying bills and paying your card balance to redeeming for Gift Cards and Merchandise at top brands like Apple. The Avion Rewards program gives you the freedom of choice to use your points your way, and helps you make the most as an Avioner.
- Eligible Avion rewards members can also convert points to other loyalty programs including WestJet dollars, British Airways Avios points and Hudson’s Bay Rewards points.
- Link your RBC card with a Petro-Points membership to instantly save 3₵ per litre on fuel at Petro-Canada stations and earn 20% more Petro-Points and 20% more Avion points
- Link your RBC card with a Rexall Be Well account and get 50 Be Well points for every $1 spent on eligible products at Rexall. Redeem Be Well points faster for savings in store on eligible purchases where 25,000 Be Well points = $10
- Add your credit card to your DoorDash account and get a free 12 monthly DashPass subscription16
- Get up to 20% off at Hertz10 and earn 3x the Avion points11
Ratehub’s take
The RBC Avion Visa Infinite credit card is a versatile travel credit card that offers flexible rewards for frequent flyers. With a strong emphasis on travel perks and a valuable rewards program, it’s an excellent option for travellers looking to elevate their experience.
Pros
- Flexible travel redemption: This card provides unparalleled choice when it comes to redeeming points as it does not have blackout dates or seat restrictions. You can book flights, hotels, car rentals, and more with your points
- Comprehensive travel insurance: Benefit from extensive travel insurance coverage most notably including trip cancellation and interruption and emergency medical. Travel with peace of mind knowing you are protected
- Exclusive concert access: Enjoy exclusive access to concert tickets, like the highly sought-after Taylor Swift Eras concert. With this perk, you’ll have the opportunity to secure tickets before they are available to the general public.
Cons
- Annual fee: This card comes with an annual fee of $120 which may be high for some. However, for frequent travelers who take full advantage of the card’s perks, the benefits can often outweigh the cost.
- No waived foreign transaction fees: Foreign transaction fees are not waived, so consider this if you plan to use the card for shopping abroad
- Low earn rate: The standard earn rate of 1 point per $1 may not be as competitive as other travel credit cards
Eligibility requirements
Minimum income: $60,000/yr
Interest rates
Purchase interest: 20.99%
Cash advance: 22.99%
Balance transfer: 22.99%
Best Mastercard travel credit card
Best for Travel perks
based on spending $2,200/mo after $150 annual fee
- Earn rewards
1pt – 5pts / dollar spent
- Annual fee
$150 $0 first year waived
Perks of the BMO Ascend™ World Elite®* Mastercard®*
| Perks | Details | |
|---|---|---|
| Lounge access | Complimentary membership in Mastercard Travel Pass provided by DragonPass, with four annual complimentary passes | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | Up to $500,000 per insured person | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | $5,000,000 for first 21 days (under 65) | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | MSRP of up to $65,000, for 48 days | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Up to $1,500 per person | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Up to $2,000 per person | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Up to a maximum of $500 per trip for all insured persons combined, in the event of a flight delay of more than four (4) hours | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | up to $500 per insured person to a maximum of $1,000 per trip for all insured persons combined | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | up to $500 per insured person, to a maximum of $1,000 per trip for all insured persons combined, for the purchase of essential items; 6 hours or more | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Up to $1,000 per occurrence for all insured persons combined | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Not included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Covered for 90 days | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Up to one additional year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Not included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- 5x the points for every $1 spent on eligible travel purchases,* 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments,* 1 point for every $1 spent everywhere else.*
- Complimentary membership in Mastercard Travel Pass provided by DragonPass,* with four annual complimentary passes.
- Extended Warranty*
- Purchase Protection*
- BMO Ascend World Elite Total Travel and Medical Protection:
Get Collision Damage Waiver benefits on rental cars, 21 days of Out-of-Province/Out-of-Country Emergency Medical coverage of up to $5 million, and more.* - Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
- Cash Advance & Balance Transfer Interest: 21.99% for Quebec residents
- BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information
- *Terms and conditions apply
Ratehub’s take
The BMO Ascend World Elite Mastercard is a top choice among seasoned travellers, particularly those who prefer a Mastercard, and who like to frequently fly and dine out. This card offers a suite of perks that cater to travel enthusiasts.
Pros
- Earn points: Earn three points per $1 spent on restaurant, entertainment purchases, and recurring bills, and one point per $1 spent on everything else
- Comprehensive insurance package: Recognized for one of the best insurance packages in the market, including $5 million in out-of-country insurance, exceeding the standard $1 million in coverage offered by most other cards
- 24/7 concierge services: Enjoy around-the-clock concierge services for your travel needs
- Airport lounge access: Receive complimentary membership in Mastercard Travel Pass, including four annual complimentary passes
- Redemption flexibility: Enhanced flexibility to redeem points for flights on virtually any airline with no blackout dates (points can be used to cover taxes and fees as well)
Cons
- Income requirements: The card’s minimum personal income of $80,000 may limit accessibility for some users
- Lower point value: While BMO points are flexible, they are worth less than other travel rewards programs (usually around 1 cent per point) at 0.67 cents per point
Eligibility requirements
Minimum credit score: 725
Minimum income: $80,000/yr
Interest rates
Purchase interest: 21.99%
Cash advance: 23.99%
Balance transfer: 23.99%
Best airline travel credit card
Best for Aeroplan Points
based on spending $2,200/mo after $139 annual fee
- Earn rewards
1pt – 1.5pts / dollar spent
- Welcome bonus
Earn up to 25,000 points (a $500 value)
- Anniversary bonus
Earn up to 20,000 points (a $400 value)
- Annual fee
$139 $0 first year waived
Perks of the TD® Aeroplan® Visa Infinite* Card
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | Included | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Included | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | Included | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Included | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Included | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Included | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Included | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Included | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Included | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Not included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Up to $1,450 in value† including up to 45,000 Aeroplan points† could be yours and receive an annual fee rebate for the first year†. Conditions Apply.
- Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Card†
- Earn 15,000 Aeroplan points when you spend $3,000 within 90 days of Account opening†
- Plus, earn a one-time anniversary bonus of 20,000 Aeroplan points when you spend $12,000 within 12 months of Account opening†
- Apply for the NEXUS program and once every 48 months get an application fee rebate (up to $100 CAD)†.
- Plus, share free first checked bags with up to 8 travel companions†
- Get an annual fee rebate for the first year†.
- To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while this offer is in effect.
- Offer may be changed, withdrawn or extended at any time and cannot be combined with any other offer unless otherwise indicated.
- Earn Aeroplan Points on your everyday purchases
- Complimentary Visa Infinite* Concierge service† available 24/7
- Earn 1.5 points† for every $1 spent on eligible gas, electric vehicle charging, grocery and direct through Air Canada® purchases (including Air Canada Vacations®) made with your Card.
- Earn 1 point† for every $1 spent on all other Purchases made with your Card
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
- Your Aeroplan Points do not expire as long as you are a TD® Aeroplan® Visa Infinite* Cardholder in good standing.
- Earn more at Starbucks: Link your eligible Card to earn more Starbucks Stars at participating Starbucks stores. Conditions apply.
- This offer is not available for residents of Quebec
- †Terms and conditions apply.
- Financial institutions pay us for connecting them with customers, including by paying for advertisements, clicks, or when someone applies for/is approved for a product. Terms and conditions apply between you and the provider of the product – please be sure to review them. Product information and details vary for Quebec. The content provided on our site is for information only; it is not meant to be relied on or used in lieu of advice from a professional. Partners/Advertisers are not responsible for the accuracy of information on our site. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.
Ratehub’s take
For Aeroplan clients and frequent Air Canada fliers, the TD Aeroplan Visa Infinite card offers exceptional benefits for earning more points to redeem on airline travel.
Pros
- Aeroplan redemption: Redeem Aeroplan points for flights on Air Canada or over 27 Star Alliance member airlines, including United Airlines and Lufthansa, to name a few
- Air Canada perks: Access Air Canada perks, including the first bag checked free for the primary cardholder and up to eight travel companions, potentially saving up to $30 per traveller on flights across Canada and the US. Plus, earn credits towards achieving elite airline status
- Nexus Membership reimbursement: Receive up to $100 in Nexus Membership reimbursements every 48 months, making for smoother cross-border travel within Canada or to the US
- Comprehensive travel insurance: Enjoy a strong travel insurance package, including up to 21 days of out-of-province/country medical emergency coverage, flight delay insurance, lost/delayed baggage insurance, and even hotel/motel burglary insurance for stays within the US and Canada
- Double Aeroplan points: Get double the Aeroplan points when using this card along with your Aeroplan card at participating retailers
Cons
- Annual fee: The card’s annual fee is $139, which is slightly higher than the $120 typically found on comparable rewards cards
- Complex points program: The Aeroplan points program isn’t the most straightforward, and it can take some effort to understand how to best maximize points. Note that Aeroplan points can only be redeemed on Air Canada and Star Alliance Members
Eligibility requirements
Minimum credit score: 660
Minimum income: $60,000/yr
Interest rates
Purchase interest: 21.99%
Cash advance: 22.99%
Balance transfer: 22.99%
Also consider
Best for Travel
based on spending $2,200/mo after $89 annual fee
- Earn rewards
0.5pts – 2pts / dollar spent
- Welcome bonus
Earn up to 40,000 points (a $600 value)
- Annual fee
$89 $0 first year waived
Perks of the BMO VIPorter Mastercard®
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | Up to $500,000 per insured person | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Up to $5,000,000 per insured person, per trip; Eight (8) consecutive days of coverage per trip, if you are age sixty-four (64) or under on your departure date | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | up to 48 consecutive days; (MSRP) of up to $65,000 | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Not included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Not included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Up to a maximum of $500 per trip for all insured persons combined, in the event of a flight delay of more than four (4) hours | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | up to $500 per insured person to a maximum of $1,000 per trip for all insured persons combined | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | up to $500 per insured person, to a maximum of $1,000 per trip for all insured persons combined | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Up to $1,000 per occurrence for all insured persons combined | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Not included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | up to ninety (90) days from date of purchase | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | doubles the original manufacturer’s warranty to a maximum extension of one (1) year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Not included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Welcome offer: Get up to $1,800 in value including 40,000 VIPorter points and a 35% off flight voucher.* Plus no annual fee in your first year*
- Earn 2 points for every $1 spent on Porter purchases*
- Earn 1 point for every $1 spent on gas and transportation, Earn 1 point for every $1 spent on groceries and dining*, Earn 1 point for every $1 spent on hotel accommodations, Earn 0.5 points for every $1 spent everywhere else*
- Priority re-accommodation for flight delays*, dedicated check-in*, and early boarding*
*These benefits apply to up to 8 companions travelling on the same booking - Plus, no VIPorter points expiry*, earn $1 of Qualifying Spend for every $25 spent*, and automatically become an Avid Traveller
- Your BMO VIPorter credit card comes with comprehensive travel coverage including:
- 8-day out-of-province or country emergency medical insurance
- Car rental-collision/loss damage insurance
- Common carrier insurance
- Flight delay insurance
- Baggage insurance
- Hotel burglary insurance*”
- Shop confidently with an extended warranty and purchase protection.*
- Save up to 20% on National Car Rental®†† and Alamo Rent A Car®†† and up to 5% on Enterprise Rent-A-Car®†† at locations worldwide using the Car Rental Booking tool
- Get 20% off admission to Cirque du Soleil shows touring Canada* and 15% off resident shows in Las Vegas
- Save up to 7% on your Booking.com prepaid hotel or property rental bookings at booking.com/mastercardcanada
- Get even more benefits: You may qualify for the BMO VIPorter World Mastercard tier of this card – which has the same fees and rates, but also includes experiences available only to World Mastercard cardholders.*
- Enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
- Cash Advance & Balance Transfer Interest: 21.99% for Quebec residents
Eligibility requirements
Minimum income: N/A
Interest rates
Purchase interest: 21.99%
Cash advance: 23.99%
Balance transfer: 23.99%
Best hotel travel credit card
Best for Hotel stays
based on spending $2,200/mo after $120 annual fee
- Earn rewards
2pts – 5pts / dollar spent
- Welcome bonus
Earn up to 80,000 points (a $936 value)
- Anniversary bonus
Earn up to 30,000 points (a $351 value)
- Annual fee
$120
Perks of the The Marriott Bonvoy® American Express®* Card
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Travel accident insurance | up to $500,000 | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Included | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | MSRP of up to $85,000, for 48 days | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Not included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Not included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | $500; delays 4 hours or more | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | $500 per trip for all persons | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | up to $500; delays 6 hours or more | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Included | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Not included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Up to $1,000 for 90 days | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
| Extended warranty | Up to one additional year | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Not included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
Other perks
- Apply with confidence! See if you’ll be approved before you apply – with no impact to your credit score*.
- *Instant decisions are only available for Consumer (also known as Personal) Card applications.
- Earn up to 110,000 bonus Marriott Bonvoy® points
- New Marriott Bonvoy® American Express®* Cardmembers can earn up to 110,000 bonus Marriott Bonvoy® Points
- Earn 80,000 points after you spend $6,000 on your Card in your first 6 months of Cardmembership.
- Plus, earn 30,000 points when you make a purchase in your 15th month of Card membership.
- Offer ends April 7, 2026.
- Earn 5 points for every dollar in eligible Card purchases at hotels participating in Marriott Bonvoy®
- Earn 2 points for every $1 in all other Card purchases
- Receive an Annual Free Night Award for up to 35,000 points at eligible hotels and resorts worldwide every year after your first anniversary
- No annual fee on Additional Cards
- Redeem points for free nights with no blackout dates at over 7,000 of the world’s most desired hotels
- Automatic Marriott Bonvoy Silver Elite status membership
- Receive 15 Elite Night Credits each calendar year with your Marriott Bonvoy® American Express®* Card. These can be used towards attaining the next level of Elite status in the Marriott Bonvoy program
- Enjoy an automatic upgrade to Marriott Bonvoy Gold Elite status when you reach $30,000 in purchases on the Card each year or when you combine 10 qualifying paid nights within one calendar year with the 15 Elite Night Credits from your card
- American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment
Ratehub’s take
The Marriott Bonvoy American Express Card is tailor-made for hotel rewards, making it an excellent choice for frequent travellers who want to stay in style. It’s one of the best travel credit cards in Canada.
Pros
- Extensive hotel network: Access more than 7,000 hotels worldwide under the Marriott Bonvoy loyalty program
- Annual free night: Enjoy an annual free night’s accommodation at any Marriott Bonvoy hotel
- Silver Elite status: Receive complimentary Marriott Bonvoy Silver Elite status, which can get you exclusive discounted rates and higher points earn rates
- Points earning: Earn five Bonvoy points for every $1 spent on eligible card purchases at hotels participating in the Marriott Bonvoy® program, and two Bonvoy points per dollar on all other card purchases
- Versatile redemption: Redeem points for free nights at more than two dozen hotel brands, including Marriott, Starwood Hotels and Resorts, W Hotels, St. Regis, Ritz Carlton, Sheraton and Delta
Cons
- Travel insurance limitations: The card does not include travel emergency medical insurance within its insurance package
- Points worth less for flights: While you can transfer your Marriott Bonvoy points to other flight reward programs, they are worth less at a ratio of 3 points = $1
Eligibility requirements
Minimum credit score: 725
Minimum income: N/A
Interest rates
Purchase interest: 21.99%
Cash advance: 21.99%
Balance transfer: N/A
Travel credit cards FAQs
What is the best travel credit card in Canada?
The best travel credit card in Canada is the Scotiabank Gold American Express Card, thanks to its strong earning rates, no foreign transaction fees, and excellent travel insurance. Cardholders can earn up to 6x Scene+ points at participating grocery stores and 5x points on groceries, dining, food delivery, and entertainment, making it one of the most rewarding cards for everyday spending. It also includes comprehensive travel insurance, including emergency medical coverage, and does not charge the typical 2.5% foreign transaction fee on purchases made abroad.
This card is especially well-suited for Canadians who want to earn travel rewards quickly on everyday purchases while still benefiting from strong travel perks and protections.
Which travel credit card is best for my spending?
The best travel credit card for you depends on how you spend and travel, since different cards offer the most value in different categories. If you spend heavily on groceries and dining, the American Express Cobalt Card is one of the strongest options for everyday earning. If you travel frequently or make purchases abroad, a card like the Scotiabank Passport Visa Infinite Card can help you save with no foreign transaction fees.
Travellers who want premium perks like airport lounge access and concierge service may prefer the American Express Platinum Card, while those who prefer airline rewards can benefit from a co-branded card like the TD Aeroplan Visa Infinite Card. For hotel rewards, the Marriott Bonvoy American Express Card is a strong choice.
Do travel credit card rewards expire?
Travel credit card rewards can expire, but the rules depend on the specific rewards program. In many airline and hotel loyalty programs, points will expire after 12 to 24 months of inactivity. In most cases, earning or redeeming points resets the expiry clock, so using your card regularly can help keep your rewards active. Programs will follow their own policies, so it’s important to review the terms of your specific card.
Can I have more than one travel credit card?
Yes, you can have more than one travel credit card, and many Canadians use multiple cards to maximize rewards. For example, you might use a card with high earn rates on everyday spending like the American Express Cobalt Card paired with a no foreign exchange fee card like the Scotiabank Passport Visa Infinite Card for purchases abroad. The key is to manage your cards responsibly by paying your balance in full, keeping track of annual fees, and avoiding too many applications in a short period, which can temporarily impact your credit score.
What is the best travel credit card with no foreign transaction fees?
One of the best travel credit cards in Canada with no foreign transaction fees is the Scotiabank Passport Visa Infinite Card. This card does not charge the typical 2.5% foreign transaction fee on purchases made abroad, making it a strong option for international travel. It also includes additional travel perks, such as airport lounge access and comprehensive insurance coverage.
What is the best travel credit card with airport lounge access?
The Scotiabank Passport Visa Infinite is our top pick for the best travel credit card with airport lounge access. It comes with six complimentary Priority Pass lounge visits per year, an excellent perk for long layovers or frequent flyers looking for added comfort.
What is the best travel credit card with travel insurance?
Several of the best travel credit cards in Canada come with strong travel insurance, but top options include the Scotiabank Passport Visa Infinite Card and the TD First Class Travel Visa Infinite Card. These cards typically include a range of protections such as emergency medical coverage, trip cancellation and interruption insurance, and coverage for flight delays or lost baggage. The right choice depends on the type of coverage you need and how often you travel.
Our guide to travel rewards credit cards in Canada
Travel rewards credit cards can save you money on travel expenses through the collection and redemption of points or miles. The points or miles you collect by using these cards for everyday purchases can be exchanged for discounts on flights, accommodations, and car rentals (just to name a few). Not only that, but some travel credit cards also come with added perks such as VIP airport lounge access, complimentary checked baggage, and priority boarding.
In addition to rewards, many travel credit cards often carry extensive insurance benefits, including (but not limited to) flight interruption/cancellation, baggage loss/delay, emergency medical, and car rental collision loss/damage.
Common perks found on travel credit cards
When choosing a travel credit card, don’t just focus on the welcome bonus and points/miles. Most travel cards also come with extra perks and benefits, which could sway your decision between two equally valuable cards. Some common perks to look out for include:
Airport perks
Many travel credit cards offer a range of perks to enhance your air travel experience. These perks can include access to VIP lounges, complimentary checked baggage, priority boarding, and higher priority for seat upgrades. Additional benefits may encompass access to expedited security lanes (helping you get to your gate faster), and even complimentary valet service.
No foreign transaction fees
One of the significant advantages of some travel credit cards is their elimination of foreign transaction fees. These fees can quickly add up when you’re using your credit card abroad, but with the right travel credit card, you can avoid them altogether. This means you can make international purchases and travel with peace of mind, knowing that you won't incur additional charges for currency conversion. Whether you are shopping, dining, or booking accommodations overseas, a travel card without foreign transaction fees can save you money.
Hotel perks
Your travel credit card continues to provide benefits when you reach your hotel destination. For example, the Marriott Bonvoy American Express card allows users to attain Gold Elite Status after using the card for ten stays at any of their hotels. At this level, cardholders can enjoy extra bonus points, late check-out, enhanced in-room internet service, and room upgrades (subject to availability). In addition, members gain access to exclusive room rates and a reservation guarantee.
Travel insurance
Many of the best travel credit cards in Canada include built-in travel insurance coverage, offering peace of mind and potential savings on out-of-pocket costs. Depending on the card, coverage can include emergency medical insurance, trip cancellation or interruption, flight delay and lost baggage protection, and rental car collision insurance. Having these protections bundled with your credit card can save you hundreds compared to purchasing separate travel insurance for each trip.
How do travel cards work?
Fundamentally, all of the best travel credit cards in Canada work the same way: for each dollar you spend on the card, you earn points or miles that can be redeemed to partially or fully cover travel expenses. The more you spend, the more points or miles you earn, allowing you to maximize your travel savings.
While the basic idea is simple, not all travel credit cards work the same way. Earn rates, redemption options, and the value of your points can vary significantly depending on the card and rewards program, which can have a big impact on how much your rewards are actually worth.
Understanding travel credit card earn rates
Each travel credit card has its own earn rate, the rate at which you accumulate points or miles for every dollar spent. There are two main types of earn rates:
- Base earn rate: This offers the same number of points across all types of spending. It’s ideal if your spending habits are varied or if you prefer simplicity — for example, earning 1 point for every $1 spent on all purchases.
- Bonus earn rate: Some cards offer higher earn rates on specific spending categories, such as groceries, gas, or dining. For instance, the American Express Cobalt Card earns 5 points per dollar on restaurants and food delivery, while the Scotiabank Gold American Express earns 3 points per dollar on eligible streaming services.
How to calculate the value of travel points
Not all points are created equal. The value per point can vary based on how and where you redeem them. A simple way to estimate this is by dividing the dollar value of a redemption by the number of points required.
For example, if you redeem 10,000 points for a $200 flight, each point is worth 2 cents ($200 ÷ 10,000 points = $0.02 per point).
Generally, you’ll get the best value when redeeming points for travel-related purchases — such as flights or hotel stays — rather than for merchandise or statement credits, which usually yield a lower cents-per-point value.
How to choose the best travel credit card
With so many travel credit cards available in Canada, it can be difficult to know which one is right for you. Here are some important things to consider:
Sign-up bonus
- While a large welcome bonus can be appealing, it shouldn’t be the only reason you choose a card. Consider whether the card will still provide value after the introductory offer ends.
- It’s also important to review the terms of the offer. Many bonuses require you to meet a minimum spend within a set timeframe (for example, spending $1,000 in the first three months) in order to qualify.
Flexibility
- One of the biggest decisions is whether you want a flexible travel rewards card or a co-branded card tied to a specific airline or hotel program.
- General travel cards offer more flexibility, allowing you to redeem points for flights or travel purchases across a wide range of providers. This is ideal if you don’t want to be tied to a single airline or hotel chain.
- Co-branded cards, on the other hand, limit redemptions to specific partners but often come with additional perks, such as free checked bags, priority boarding, or discounts on companion flights.
Perks and benefits
- Beyond points, many travel credit cards include valuable perks that can enhance your travel experience and offset costs.
- These may include travel insurance, airport lounge access, rental car coverage, and other benefits. The key is to focus on perks you’ll actually use, rather than those that simply sound appealing.
Annual fee
- The majority of premium travel cards come with an annual fee averaging $120.
- You’ll want to assess whether the card’s rewards and money-saving perks (like travel insurance) will help you come out ahead and offer more value than the annual fee.
Eligibility requirements
- The top travel cards tend to have specific income and credit score requirements (typically around $60,000 and 650 respectively).
- Before applying, make sure you meet the eligibility criteria. Credit card applications typically involve a hard credit check, which can temporarily impact your score, so it’s best to apply strategically.
What are the pros and cons of travel credit cards?
Pros
- Travel credit cards let you earn points or miles on everyday purchases that can be redeemed for flights, hotels, and other travel rewards
- Many cards include valuable perks like airport lounge access, priority boarding, and free checked bags, which can help you save money and make travel more comfortable
- Large welcome bonuses can help you earn enough points for a free trip shortly after signing up
- Some programs allow you to transfer points to airline or hotel partners for added flexibility and greater redemption value. For example, American Express Membership Points can be transferred to Aeroplan
Cons
- Travel cards typically come with annual fees
- Point redemption flexibility may be affected by blackout periods
- You may have to spend a certain amount on the card to take advantage of welcome offers
- In some cases, you can lose your travel points/miles if your account is inactive for too long
How to apply for a travel credit card?
Check your eligibility
Before applying, make sure you meet the basic requirements. In most cases, you’ll need to be a Canadian resident, have reached the age of majority in your province, and have a Canadian credit file. Many cards also have minimum income requirements.
Apply online
Once you’re ready, you can apply online through the card issuer’s website. You’ll typically need to provide personal and financial information, including your income and identification details.
Most applications require a hard credit check, which may temporarily affect your credit score. While the impact is usually minor, applying for multiple cards in a short period can have a larger effect.
One important thing to note is that credit card applications almost always involve a hard credit check. While these will take a temporary bite out of your credit score, the damage is easy to bounce back from after a few months of responsible credit usage. Too many applications and credit checks at once, however, can cause serious damage to your credit and reduce your chances of being approved for credit cards, mortgages, or other loans in the future.
What credit score do you need to get a travel credit card?
For most credit cards, a credit score of at least 600 is required to qualify, while the best travel credit cards may require Very Good scores (740 and above). If you have a low credit score, consider a secured credit card that offers rewards.
Redeeming travel credit card rewards
Travel credit cards in Canada use a few different redemption models, which affect how easy it is to use your points and how much value you can get from them. Some rewards programs, like American Express Rewards, even let you access multiple models.
Consistent (fixed-value) points programs
With consistent (fixed-value) programs, your points have a set value when redeemed for travel, regardless of the airline, destination, or time of year. This makes them easy to use and straightforward to understand. The main advantage is simplicity, since it’s easy to calculate what your points are worth. However, these programs typically offer less potential value than flexible rewards programs, where points can sometimes stretch further depending on how you redeem them.
Variable or flexible points programs
With variable or flexible points programs, points don't have a consistent value and change depending on various factors, such as travel destination and seasonality. These programs are often based on reward charts or dynamic pricing, meaning the number of points required can vary from one redemption to another.
While they can be more complex to navigate, they offer a key advantage: the potential to get more value from your points. With some planning, you may be able to redeem fewer points for higher-value rewards, such as business-class flights or stays at premium hotels. Additionally, you can maximize the value of your rewards by strategically planning your trips to specific destinations and during particular times of the year – a benefit not available with fixed-value points programs.
Point transfers
Point transfers allow you to transfer points from one rewards program to another and can be useful when trying to take advantage of multiple rewards programs. Not all point transfers are 1:1, so you will need to figure out the transfer ratio before moving ahead with the transfer.
General travel credit cards versus co-branded travel credit cards
General travel cards
General travel cards are not tied to any specific airline or frequent flyer program. Points earned on these cards can be redeemed for travel with a wide range of flight carriers and hotel chains. The major appeal of general travel cards lies in their flexibility, allowing you to use your points for flights from literally hundreds of carriers of your choice. If you don’t consistently fly with one carrier, and value flexibility over perks tied to airline loyalty status (such as priority check-in), a general travel card is likely the better fit for you.
It’s worth noting that when redeeming points on a general travel card, in some cases, you will need to use the credit card’s proprietary travel agency (i.e. BMO Points must be redeemed on BMORewards.com or with a BMO travel agent).
Best general travel credit cards in Canada
Scotiabank Gold American Express
Co-branded travel cards
Co-branded credit cards are connected to a specific frequent flyer or loyalty program (e.g., Aeroplan, Air Miles, or Marriott Bonvoy), and are a testament to the old adage “loyalty pays.”
These cards can offer excellent value by allowing you to earn bonus rewards or discounts when you use the card at retailers, airlines, or hotels partnered with the co-branded credit card. In many cases, these cards also provide benefits like priority check-in, complimentary hotel stays, or free checked bags.
While these cards may lack flexibility since the points you earn can only be redeemed from one of the co-branded card’s partners, they can be the right choice for you if the card is associated with your favourite airline, hotel program, or retail network.
Best co-branded credit cards in Canada:
Marriott Bonvoy Card from American Express
WestJet RBC World Elite Mastercard
Changes to the Aeroplan rewards program (commencing 2026)
Air Canada has announced major changes to the way you earn Aeroplan points with Air Canada flights. Starting January 1, 2026, Aeroplan members will earn points on eligible Air Canada flights based on dollars spent, rather than distance travelled.
In addition, earning Aeroplan Elite status will be based solely on a new metric called Status Qualifying Credits (SQC) rather than the current mix of Status Qualifying Miles, Status Qualifying Segments, and Status Qualifying Dollars. If you hold an Aeroplan credit card, you’ll earn SQC from your credit card spending.
Read our breakdown of how these changes impact the way you earn and redeem Aeroplan rewards points.
Comparing travel credit cards and cash back credit cards
Unlike travel cards, which use a point-based reward system, cash back cards offer a percentage of cash back, especially when you use them to make specific types of purchases. Depending on the provider and card, you'll be free to redeem your cash back as a statement credit, use it to buy gift cards or merchandise, or put it into a savings account.
If you're wondering whether a travel rewards card or a cash back card is the better choice, consider your current lifestyle and what you like to spend money on. If you're currently travelling a lot and would only like to use your rewards on expenses like flights, accommodations, and car rentals, a travel rewards credit card will give you the most bang for your buck as these cards typically offer higher point values in that category.
If, however, you’re going to be using the card for a wider variety of purchases, a solidly earning cash back card may be the better bet. These cards usually offer higher points in a wider variety of categories, giving you the flexibility to earn and redeem in different areas like groceries, gas, recurring bills, and more.
Tips for maximizing your travel credit card rewards
How do I maximize my travel credit card's rewards?
There’s more to making the most of your travel credit card than just charging all of your purchases on it. To maximize your travel credit card benefits, follow these steps:
Pay off your balance in full each and every month to avoid interest charges. The perks and bonuses of a travel credit card won’t make up for the potential interest charges. If you consistently carry a balance, a low interest credit card or one with a generous balance transfer option would likely be a better fit.
Use your points for travel redemptions to get the most value. Though you can often use points for statement credits, merchandise or gift cards, these options typically offer less value for your points than they would if redeemed for flight or hotel redemptions.
Take advantage of double-dipping by earning additional rewards from airline or hotel loyalty programs when you use your travel credit card. For example, if you carry an Aeroplan credit card, you’ll earn bonus miles when shopping on the Aeroplan Estore, super-charging your point accumulation.
What are the different types of travel credit card insurance?
Many of the best travel credit cards in Canada include built-in travel insurance, which can help cover unexpected costs before or during your trip. This can save you hundreds of dollars compared to buying separate travel insurance.
Coverage varies by card, but most travel credit cards with insurance offer a combination of the following:
Out-of-Province travel emergency medical
Travel accident coverage
Travel interruption coverage
Flight delay insurance
Lost / delayed baggage
Rental car collision loss / damage
Hotel / motel burglary
Important things to know about travel insurance
To get the most out of your credit card travel insurance, it’s important to understand the terms and conditions. Coverage can vary significantly by card, so always review the details before travelling. Here are some key points:
- You usually need to pay for your trip with the card. Most credit cards require you to charge 75% to 100% of your trip to the card for insurance coverage to apply.
- Coverage is time-limited. Travel insurance typically only covers trips up to a certain number of days, and coverage may be more limited for travellers over 65.
- Not everyone is automatically covered. Many plans extend coverage to a spouse and dependent children, but eligibility and coverage amounts vary by card. Plus, certain medical conditions and scenarios may not be covered, depending on the policy.
- Claims must be made correctly and on time. For example, many companies insist on being alerted before (unless in extremely urgent circumstances) any medical procedures like major surgeries. Many also have a set period in which a claim must be made, such as within three months of the event, or coverage will be forfeited.