Travel credit cards can help you earn points, miles, and perks that make your trips more rewarding and affordable. Whether you’re a frequent flyer or an occasional traveler, the right travel credit card can offer benefits such as airport lounge access, travel insurance, and accelerated rewards on travel purchases. In this guide, we’ll explore the best travel credit cards in Canada to help you find the perfect one for your needs.
Best Travel Credit Cards in Canada
1. American Express Cobalt Card
- Annual Fee: $155.88 ($12.99/month)
- Rewards: 5x points on dining and groceries, 2x on travel and transit, 1x on everything else
- Welcome Bonus: Up to 30,000 Membership Rewards points
- Best For: Everyday spenders who want flexible travel rewards
2. TD Aeroplan Visa Infinite Card
- Annual Fee: $139 (first year waived)
- Rewards: Earn Aeroplan points on all purchases, extra points on travel spending
- Welcome Bonus: Up to 50,000 Aeroplan points
- Best For: Air Canada travelers looking for premium benefits
3. Scotiabank Gold American Express Card
- Annual Fee: $120
- Rewards: 5x points on groceries, dining, entertainment, and transit, 3x on gas and streaming, 1x on everything else
- Welcome Bonus: Up to 40,000 Scene+ points
- Best For: Those who want high rewards on everyday purchases and travel flexibility
4. BMO Ascend World Elite Mastercard
- Annual Fee: $150 (first year waived)
- Rewards: 5x points on travel, 3x on dining and entertainment, 1x on everything else
- Welcome Bonus: Up to 60,000 BMO Rewards points
- Best For: Frequent travelers looking for premium perks and insurance coverage
5. RBC Avion Visa Infinite Card
- Annual Fee: $120
- Rewards: Earn Avion points on all purchases, additional points on travel
- Welcome Bonus: Up to 35,000 Avion points
- Best For: Flexible travel redemptions with RBC Rewards
Key Features to Consider When Choosing a Travel Credit Card
1. Earning Potential
- Choose a card that rewards you for your spending habits, especially on travel-related expenses like flights and hotels.
2. Travel Perks & Benefits
- Look for features like lounge access, free checked bags, priority boarding, and travel insurance.
3. Flexibility of Rewards
- Consider whether the points or miles can be easily redeemed for flights, hotels, or other travel expenses.
4. Annual Fees vs. Value
- Higher annual fees can be worth it if the card offers premium perks and strong rewards.
Final Thoughts
The best travel credit card for you depends on your travel habits and spending preferences. Whether you prioritize earning points on everyday purchases, premium travel perks, or flexibility in redemption, there’s a card that suits your needs. Compare your options and choose the one that will maximize your travel rewards.