Traveling is one of the most rewarding experiences anyone can have, and it’s always a plus to have a credit card that can help make your trips more enjoyable. In Canada, there are many travel credit cards available, but some stand out from the crowd. Here’s a list of the best Canada travel credit cards:
Scotia Momentum Visa Infinite
The Scotia Momentum Visa Infinite is a fantastic travel credit card for those who want the flexibility to travel and earn rewards. This card offers 4% cashback on gas and grocery purchases, 2% on drugstore purchases and recurring bill payments, and 1% on all other purchases. Additionally, cardholders can take advantage of travel insurance and concierge services. The annual fee for this card is $120.
TD Aeroplan Visa Infinite
The TD Aeroplan Visa Infinite is a popular travel credit card that offers Aeroplan points for rewards. Cardholders can earn 1.5 points for every dollar spent on eligible purchases, and 1 point for every dollar spent on all other purchases. The card also provides benefits such as priority check-in, priority boarding, and complimentary checked bags on Air Canada flights. The annual fee is $120.
BMO World Elite Mastercard
The BMO World Elite Mastercard is an excellent travel credit card for those who want to earn travel rewards. Cardholders can earn 3 BMO Rewards points for every dollar spent on travel, dining, and entertainment purchases, and 2 points for every dollar spent on all other purchases. The card also includes travel insurance and exclusive travel benefits. The annual fee is $150.
American Express Cobalt Card
The American Express Cobalt Card is a great travel credit card for those who want to earn flexible rewards. Cardholders can earn 5 points for every dollar spent on dining and groceries, and 2 points for every dollar spent on travel, gas, and transit. The card also includes travel insurance and exclusive access to events. The annual fee is $120.
CIBC Aventura Visa Infinite
The CIBC Aventura Visa Infinite is a popular travel credit card that offers Aventura points for rewards. Cardholders can earn 1.5 points for every dollar spent on eligible purchases, and 1 point for every dollar spent on all other purchases. The card also includes travel insurance and exclusive travel benefits. The annual fee is $120.
Conclusion
These are some of the best Canada travel credit cards available. Each card offers unique benefits, so it’s essential to choose the one that fits your needs best. Consider your spending habits, travel preferences, and rewards goals when making your decision. Happy traveling!
Credit Card | Rewards | Annual Fee |
---|---|---|
Scotia Momentum Visa Infinite | 4% cashback on gas and grocery purchases, 2% on drugstore purchases and recurring bill payments, and 1% on all other purchases | $120 |
TD Aeroplan Visa Infinite | 1.5 points for every dollar spent on eligible purchases, 1 point for every dollar spent on all other purchases | $120 |
BMO World Elite Mastercard | 3 BMO Rewards points for every dollar spent on travel, dining, and entertainment purchases, and 2 points for every dollar spent on all other purchases | $150 |
American Express Cobalt Card | 5 points for every dollar spent on dining and groceries, 2 points for every dollar spent on travel, gas, and transit | $120 |
CIBC Aventura Visa Infinite | 1.5 points for every dollar spent on eligible purchases, 1 point for every dollar spent on all other purchases | $120 |
Frequently Asked Questions
What is a travel credit card?
A travel credit card is a credit card that offers rewards such as points or miles that can be redeemed for travel-related purchases such as flights and hotel stays.
What should I consider when choosing a travel credit card?
Consider your spending habits, travel preferences, and rewards goals when choosing a travel credit card. Look for a card that offers rewards that will benefit you the most.
What are the benefits of a travel credit card?
Travel credit cards offer benefits such as rewards, travel insurance, and exclusive travel benefits such as priority check-in and boarding.
What are the annual fees for Canada travel credit cards?
The annual fees for Canada travel credit cards vary, but they usually range from $100 to $150.
Can I use my Canada travel credit card outside of Canada?
Yes, most Canada travel credit cards can be used outside of Canada, but be aware that there may be foreign transaction fees when using your card abroad.