The 10 Best Travel Credit Cards in Canada for 2024

Canadians are known for their love of travelling, always seeking thrilling journeys and new experiences, whether by road, sea, or air. While travel can sometimes be costly, having a reliable travel credit card can make all the difference, turning that dream winter escape or summer vacation abroad into a more affordable reality.

The best travel credit cards in Canada offer a winning combination of rewards, such as free airport lounges, enticing sign-up bonuses, comprehensive travel insurance, and various travel perks that elevate your travel experience with exclusive benefits. Whether you’re a frequent globetrotter or an occasional explorer, these cards cater to different styles and preferences.

With numerous excellent travel credit cards available, a few stand out from the rest, boasting exceptional rewards and impressive welcome bonuses. In this article, we’ve compiled a carefully curated list of the 10 best travel credit cards in Canada, guaranteed to enhance your adventures and help you make the most out of your journeys.

Without further ado, let’s dive into these fantastic travel credit card options and explore their possibilities for your next unforgettable adventure.

The 10 Best Travel Credit Cards in Canada

Choosing the right travel credit card can significantly enhance your adventures and make your trips more rewarding. To simplify your decision-making process, we’ve meticulously curated a list of the top ten travel credit cards in Canada. Each card offers unique benefits and perks, catering to travel preferences, purchase habits, and lifestyle choices.

Whether you love exploring new destinations, embarking on road trips, or jet-setting across the globe, these credit cards are designed to complement your travel style and earn you valuable rewards along the way. These cards have everything from free airport lounge access to enticing sign-up bonuses, comprehensive travel insurance, and additional travel perks.

1. Tangerine World Mastercard

The Tangerine World Mastercard stands out as a top-tier cashback card in Canada. It offers a unique feature that sets it apart from others – the ability to customize accelerated earning categories, enabling you to maximise your rewards. With its unparalleled reward flexibility and generous welcome bonus, this card easily takes the lead among its competitors.

What makes the Tangerine World Mastercard even more appealing is the absence of limits on the money-back rewards you can earn. Unlike other cards, there are no monthly restrictions, so you can continue earning rewards if you make purchases.

With this card, you can enjoy a flat 2% cash back on all eligible purchases, from groceries and gas to parking, public transportation, restaurants, and much more. The possibilities for earning rewards are vast, making it a preferred choice for savvy travellers and everyday spenders alike.

In addition to its impressive cashback features, the Tangerine World Mastercard has another unbeatable advantage; a travel credit card with no annual fee. This means you can enjoy all the travel perks and benefits without additional cost, making it a clear winner in the market.

If you’re seeking a rewarding and versatile credit card for your travels and daily expenses, look no further than the Tangerine World Mastercard. Its exceptional cashback rewards, customisable categories, and fee-free nature make it undoubtedly one of the best choices for Canadian travellers and consumers.

Pros

• Extended warranty and purchase protection
• Mastercard Exclusive Experiences
• Mobile device insurance
• Rental car collision/loss damage insurance
• On-demand and subscription services
• Mastercard Airport Experiences provided by LoungeKey

2. National Bank World Elite Mastercard

The National Bank World Elite Mastercard stands out as one of Canada’s most exceptional travel credit cards, catering to the wanderlust of adventurous globetrotters. With comprehensive travel and medical insurance coverage for various events, including special provisions for older travellers aged 65 and above, this card ensures you can freely explore the world.

Enjoy a host of travel perks that add value to your journeys. Experience the luxury of unlimited access to Montreal’s Trudeau Airport lounge, adding a touch of comfort and relaxation to your pre-flight experience. Moreover, the $150 annual fee is typically waived for the first year, making it even more appealing for new cardholders.

Earn points effortlessly as you spend. For every $1 spent on groceries and restaurants, you earn 5 points, while recurring payments, gas, electric car charging, and National Bank of Canada’s A la carte Travel Program earn you 2 points per dollar. Plus, for all other purchases, you still earn 1 point on each dollar spent.

The rewards keep getting better. Upon spending over $5,000 on purchases within the first three months of card ownership, you’ll be rewarded with a generous bonus of 30,000 points. These points can be a game-changer, unlocking exciting opportunities for your future travels.

Moreover, this travel credit card provides an annual refund of $150 for travel expenses, such as seat selection, airport parking, and airline ticket upgrades. With such benefits at your disposal, the National Bank World Elite Mastercard truly deserves consideration for any avid traveller.

Pros

• Comprehensive travel insurance coverage
• Departure flight delay insurance
• Baggage insurance in the event of delay, theft, or loss
• VIP access to the lounge of the National Bank at Montreal-Trudeau Airport
• Excellent travel insurance for travellers between the ages of 65 to 75
• Includes new mobile device insurance up to $1,000, which protects against accidental damage, loss or theft.
• Annual refund of up to $150 for travel expenses like airport parking, seat selection, check-in fees, etc.

Cons

• The income requirement makes the credit card not available to everyone
• The credit card has a monthly cap of $2,500 in spending to earn bonus points. Any purchase above this threshold will earn bonus points at the rate of 2 points per $1.

3. Marriott Bonvoy American Express

For Canadians seeking the ultimate rewards for their hotel stays, the Marriott Bonvoy American Express is the clear winner. This exceptional travel credit card comes with an enticing bonus offer of 50,000 points, along with comprehensive travel insurance and an added bonus of a free hotel night each year after the first year.

Earning points with this card is a breeze, with 6X points rewarded on eligible purchases made at hotels participating in the Marriott Bonvoy program, 3X points on dining at any U.S. restaurant, 3X points on booked flights with airlines, and 2X points on all other eligible purchases.

As a cardholder, you’ll also revel in the luxury of up to $300 in statement credits each year of your membership, valid at hotels participating in the Marriott Bonvoy program. This added benefit further enhances the overall value of this outstanding travel credit card.

Pros

• Anniversary perk
• Free night award
• The Priority Pass Select offers unlimited access to over 1,200 lounges
• No foreign transaction fees
• Premium internet access
• Car rental loss and damage insurance
• Baggage insurance plan
• Trip cancellation, trip delay and interruption insurance

4. American Express Cobalt Card

The American Express Cobalt Card stands out as the pinnacle of premium benefits, making it the ultimate choice for everyday expenses. This remarkable card presents an unparalleled opportunity to maximise your points on all your routine purchases.

Versatility is the hallmark of the American Express Cobalt Card, covering not just travel expenses like flights, hotels, and vacation packages but also extending to essential everyday needs such as gas, taxis, public transport, and Uber trips.

With the Membership Rewards program, your points accumulation soars to new heights – earn an impressive 5X points on eligible eats and drinks in Canada, 3X points on eligible streaming services, and 2X points on transit and gas purchases.

For avid travellers, the American Express Cobalt Card’s rewards are truly astounding, offering a staggering $1,874 worth of rewards in the first year alone for frequent flyers.

Pros

• Multiple reward redemption options
• Comprehensive travel insurance, including car rental, emergency travel, lost or stolen baggage, flight and baggage delay, and travel accident insurance
• $12.99 monthly fees
• Purchase protection plan and extended warranty
• Access to VIP perks
• Free supplementary cards

Cons

• No travel medical coverage for Canadians over 65
• Airport lounge access isn’t available

5. Scotiabank Gold American Express Card

With the Scotiabank Gold American Express Card, your spending rewards are unparalleled. Enjoy generous 5X Scene+ points for every $1 CAD spent on eligible dining, grocery, and entertainment expenses, making your everyday indulgences even more satisfying.

But that’s not all; the perks continue with 3X Scene+ points for every $1 CAD spent on eligible gas, daily transit, and select streaming services, adding even more value to your essential expenses.

Beyond the impressive rewards, this credit card offers a 0% introductory period for balance transfers, allowing you to manage your finances more effectively. Plus, say goodbye to foreign exchange worries with $0 foreign exchange fees, making it an excellent companion for your international adventures.

Ranked among Scotiabank’s finest credit cards, the Scotiabank Gold American Express Card opens up a world of redemption opportunities. Whether you redeem your points for travel, merchandise, or other exciting offers, you’ll be impressed by the variety of options available.

Pros

• The American Express Invites give you special access to events.
• Complimentary 24/7 concierge services
• Purchase security and extended warranty
• No foreign transaction fees
• Comprehensive travel insurance, including flight delay, delayed or lost baggage insurance, travel accident, car rental, hotel burglary and travel emergency medical.
• Discounted Priority Pass membership with access to 600+ VIP airport lounges worldwide

Cons

• If you don’t use your points within 12 months of the purchase date, the points will expire
• The bonus rewards rates drop to 1X flat rate after a $50,000 annual spend

6. BMO AIR MILES World Elite Mastercard

The BMO AIR MILES World Elite Mastercard stands out as one of the top-earning AIR MILES credit cards in Canada, making it a premier choice for travel enthusiasts.

This travel credit card lets you accumulate Miles for flexible rewards. You can redeem your Miles for cash rewards and get money back or earn Dream Rewards for exciting travel opportunities, gift cards, and merchandise.

Earning Miles is made easy with exceptional rates. For every $12 spent at any AIR MILES partner, you earn 3 miles; for every $1 spent elsewhere, you still earn 1 mile.

Also, the BMO AIR MILES World Elite Mastercard grants you a 15% discount on AIR MILES flights within North America without any blackout periods. Additionally, you’ll benefit from comprehensive insurance coverage, offering you peace of mind during your travels.

Moreover, this card enhances your travel experience with two complimentary VIP airport lounge passes every year, allowing you to relax and unwind before your flight.

With its unbeatable earning rates, versatile rewards, and premium travel perks like the 15% flight discount and VIP airport lounge access, the BMO AIR MILES World Elite Mastercard is undoubtedly the ultimate travel companion for jet-setting Canadians.

Pros

• Premium insurance for your travels
• Concierge services
• Free access to over 1 million Wi-FI hotspots
• Extended warranty and purchase protection
• Save 25% off rentals
• Access to airport lounges with a complimentary membership in Mastercard Airport Experiences provided by LoungeKey

7. RBC Visa Infinite Avion

The RBC Visa Infinite Avion is an exceptionally appealing travel credit card for many reasons. Its flexibility and traveller-friendly features make it a top choice among globetrotters. The card starts your journey with a generous welcome bonus, offering an impressive 35,000 points.

With every dollar you charge to the card, you’ll earn RBC Reward points at a rate of 1 point per $1 spent. However, when it comes to travel-related purchases, you’ll enjoy an even more rewarding rate of 1.25 points per dollar, making your adventures even more fulfilling.

The versatility of the earned points adds to the allure of the RBC Visa Infinite Avion. You can utilize your accumulated points for travel expenses, turning your dream vacations into a reality. Alternatively, you can convert these points to airline partners, including esteemed names like WestJet Rewards, American Airlines Advantage, Cathay Pacific Asia Miles, and the British Airways Executive Club.

Feel empowered to use your points for anything you desire, from paying bills to redeeming gift cards and purchasing merchandise from top brands like Apple. As an Avioner, the power is in your hands to make the most of your points in ways that suit your preferences and lifestyle.

Pros

• Travel easily with emergency medical insurance and trip cancellation/interruption insurance.
• Access to an ever-growing catalogue of exclusive experiences, benefits and offers.
• Choose any airline, flight, and at any time, with no blackout or seat restrictions.
• Travel anywhere you want with as low as 15,000 RBC Rewards points.

8. TD Aeroplan Visa Infinite

TD Aeroplan Visa Infinite Card is an exceptional option for accumulating valuable Aeroplan points while relishing exclusive travel benefits daily.

With this card, you’ll receive generous Aeroplan point rewards for every gas, bill, or grocery purchase. For every eligible dollar spent on gas, grocery, and Air Canada purchases, you’ll earn an attractive 1.5 points.

Boosting your rewards even further, when you link your TD card to your Starbucks Rewards account, you’ll enjoy an impressive 50% more Aeroplan points every time you visit Starbucks.

You’ll earn 1 point for every dollar spent for all other purchases made with your card. Additionally, take advantage of 2X points when using your card and providing your Aeroplan number at Aeroplan partner brands and through the Aeroplan eStore, including a wide array of online retailers.

Pros

• Complimentary Visa Infinite Concierge
• Exclusive access to luxury hotels (Visa Infinite Luxury Hotel Collection), access to prized chefs and acclaimed wines (Visa Infinite Dining Series) and access to curated events across Canada (Visa Infinite Entertainment Access).
• Comprehensive travel insurance benefits, including travel medical insurance, flight/trip delay insurance, auto rental collision/loss damage insurance and lots more
• Earn big rewards on little things
• Easy and manageable payment plans
• Increased convenience and security when you shop online

9. CIBC Ventura Gold Visa Card

The Aventura Gold Visa card is a compelling choice, offering an annual earnings value of over $500, which closely rivals the Amex Cobalt. 

However, what sets it apart is its superior insurance coverage and highly flexible redemption options. When it comes to travel redemptions, the Aventura Gold Visa card outperforms other loyalty programs, allowing you to book long and short-haul flights with fewer points. 

The rewards system is enticing, with 2 Aventura Points earned per dollar spent on travel purchases through the CIBC Rewards Centre, 1.5 Aventura points spent on gas, grocery, and drug purchases, and 1 Aventura point per dollar on all other purchases. 

Moreover, the card’s annual fee of $139 is waived for the primary cardholder and up to three authorized users in the first year, making it even more appealing for savvy travellers seeking a rewarding and cost-effective option.

Pros

• The $139 annual fee is waived in the first year.
• Access to 1,200 airport lounges worldwide with four free visits annually.
• Flexible redemption options for Aventura Points.
• 10 types of travel insurance and consumer protections combined.

Cons

• It costs $50 for an extra card.
• $139 annual fee.
• Requires a high credit score to qualify.

10. WestJet RBC World Elite Mastercard

The RBC Visa Infinite Avion offers a compelling package of travel benefits, making it a valuable choice even for those who may not frequently fly with WestJet. 

Apart from access to partner airlines like Delta, Qantas, and Air France, the card provides a diverse range of redemption options beyond flights, adding to its appeal. With annual earnings worth over $300, the card proves its worth for travellers. 

On everyday purchases, you’ll earn 1.5% back in WestJet Dollars, while booking WestJet flights and vacation packages rewards you with an attractive 2% back. 

Additionally, the card offers enticing bonuses, including 250 WestJet Dollars after your first transaction and an extra 200 WestJet Dollars when you spend $5,000 on purchases and recurring bill payments within the first 3 months of account opening. 

Combining these benefits ensures that the RBC Visa Infinite Avion caters to a wide range of travellers and offers exceptional value for every journey.

Pros

• A generous welcome bonus worth up to $450.
• Free first checked bag for you and up to 8 guests.
• Flexible redemption options that include flights, vacation packages and with partner airlines.
• An annual companion voucher to anywhere WestJet flies starting at $119.
• Link this card with your Petro-Points card to save $0.03 per litre on gas and 20% more in bonus Petro-Points.

Cons

• A low earn rate of 1.5% on all purchases.
• WestJet Dollars don’t cover airline taxes and fees.
• High-income requirement of $80,000 in personal annual income or $150,000 in household income.
• Increasing redemption minimums depending on what you’re redeeming for (minimum $15 for one-way, $30 for round-trip and $50 for vacation packages).

How The Best Travel Credit Cards in Canada Compare

What is a Travel Credit Card?

A travel credit card is a powerful tool that empowers you to earn exciting rewards and discounts, which can be redeemed towards your travel expenses. Whether securing a free night at your favourite hotels or snagging complimentary tickets to top-notch airlines, the possibilities are enticing.

These cards come laden with many benefits and rewards that leverage your spending habits to the maximum. From luxurious first-class seats and complimentary upgrades to delectable free meals and access to exclusive airport lounges, travel credit cards are tailored to elevate your travel experience to new heights.

Why Get a Travel Credit Card?

If you’re an avid traveller, getting a travel credit card can be a game-changer, offering substantial savings on your journeys. These cards present a wealth of opportunities to accumulate points or miles with every everyday purchase, which can later be redeemed for attractive discounts on flights, car rentals, and accommodations.

Beyond the rewards, travel credit cards have enticing perks that elevate your travel experience. Enjoy VIP airport lounge access, priority boarding, and complimentary checked baggage, making your airport experience more enjoyable and stress-free.

Moreover, some travel credit cards provide extensive insurance coverage, offering peace of mind during your travels. From emergency medical coverage to protection for car rental collision, loss or damage, and flight interruption or cancellation, these cards have you covered in unexpected situations.

Final Thoughts on Best Travel Credit Cards Canada

When exploring Canada’s beauty and beyond, travel credit cards are your ultimate sidekick! With these powerful companions, you can unlock a world of savings and perks while embarking on unforgettable adventures. From earning valuable points and miles with every purchase to enjoying VIP lounge access and comprehensive insurance coverage, travel credit cards have proven essential for any travel enthusiast.

So, fellow travellers, don’t miss out on these incredible benefits. Take the plunge and apply for the best travel credit card in Canada today. Let’s make every journey a thrilling experience with rewards and exclusive privileges.

FAQs on Best Travel Credit Cards Canada

Do travel credit card rewards expire?

Yes. Most times, travel credit card rewards can expire. Most airline or hotel loyalty programs have a defined expiry date of 12 – 18 months.

Do credit cards have travel insurance?

Yes. Travel credit cards provide extensive coverage that protects you in medical emergencies, loss or theft, delays and more.

Do you need a credit card to travel?

Technically, you don’t need a credit card to travel. But discounts on flights and hotels, extensive insurance coverage, and other added perks make travelling with a credit card much more effortless.

What are the best travel credit cards for students in Canada?

Tangerine Money-Back Credit Card is best for its flexible cash back, which makes it suitable for students in Canada.