Travelling is one of the best experiences one can have. It is a great way to explore different cultures, cuisines, and traditions. However, travelling can be expensive, and that’s where a travel credit card comes in handy. Not only does it offer rewards and benefits, but it also helps you save money on your travels. Here are the best travel credit cards in Canada:
American Express Cobalt
American Express Cobalt is one of the best travel credit cards in Canada. It offers rewards on everyday purchases, including groceries, transportation, and dining. Cardholders can earn 5 points per dollar spent on food and drinks, 2 points per dollar spent on travel, and 1 point per dollar spent on other purchases. The points can be redeemed for travel, merchandise, and statement credits.
Scotiabank Gold American Express
Scotiabank Gold American Express is another travel credit card that offers great rewards and benefits. It offers 4 points per dollar spent on gas, groceries, dining, and entertainment. Cardholders can also earn 1 point per dollar spent on other purchases. The points can be redeemed for travel, merchandise, and statement credits.
BMO World Elite Mastercard
BMO World Elite Mastercard is a premium travel credit card that offers exceptional rewards and benefits. Cardholders can earn 3 points per dollar spent on travel, dining, and entertainment, and 2 points per dollar spent on other purchases. The points can be redeemed for travel, merchandise, and statement credits. BMO World Elite Mastercard also offers travel insurance and VIP airport lounge access.
Tangerine World Mastercard
Tangerine World Mastercard is a no-fee travel credit card that offers cashback rewards on everyday purchases. Cardholders can choose two categories to earn 2% cashback, and 1% cashback on everything else. The cashback can be redeemed for travel, merchandise, and statement credits.
RBC Avion Visa Infinite
RBC Avion Visa Infinite is a premium travel credit card that offers great rewards and benefits. Cardholders can earn 1 point per dollar spent on everyday purchases, and 1.25 points per dollar spent on travel-related purchases. The points can be redeemed for travel, merchandise, and statement credits. RBC Avion Visa Infinite also offers travel insurance and airport lounge access.
Conclusion
Choosing the right travel credit card is important to ensure you maximize your rewards and benefits. The above-mentioned credit cards are some of the best in Canada, and they offer great rewards and benefits. Consider your spending habits and travel needs before choosing a travel credit card.
Credit Card | Rewards | Annual Fee |
---|---|---|
American Express Cobalt | 5 points on food and drinks, 2 points on travel, 1 point on other purchases | $120 |
Scotiabank Gold American Express | 4 points on gas, groceries, dining, and entertainment, 1 point on other purchases | $120 |
BMO World Elite Mastercard | 3 points on travel, dining, and entertainment, 2 points on other purchases | $150 |
Tangerine World Mastercard | 2% cashback on two chosen categories, 1% cashback on everything else | $0 |
RBC Avion Visa Infinite | 1 point on everyday purchases, 1.25 points on travel-related purchases | $120 |
Frequently Asked Questions
What is a travel credit card?
A travel credit card is a type of credit card that offers rewards and benefits specifically for travel-related purchases. These rewards can be redeemed for travel, merchandise, and statement credits.
What are the benefits of a travel credit card?
The benefits of a travel credit card include rewards on everyday purchases, travel-related purchases, and travel insurance. Some travel credit cards also offer airport lounge access and other travel-related perks.
What should I look for in a travel credit card?
When choosing a travel credit card, you should consider the rewards, annual fee, travel insurance, and other travel-related benefits. You should also consider your spending habits and travel needs.
Which travel credit card is the best?
The best travel credit card depends on your spending habits and travel needs. The American Express Cobalt, Scotiabank Gold American Express, BMO World Elite Mastercard, Tangerine World Mastercard, and RBC Avion Visa Infinite are some of the best travel credit cards in Canada.