The options may differ from those in the United States, but Canadians with wanderlust have no shortage of rewards-earning credit cards. Whether you're looking for cash back, nearly-free flights or hotel stays, there are credit cards that can help you accomplish your travel goals.
There are other options to consider as well. Are you looking for a card with no annual fee or are you willing to pay a fee to get premium perks like lounge access at airports?
The best travel credit cards — in Canada or anywhere else — should come with a welcome bonus after completing a spending requirement and should offer benefits that justify keeping that card in your wallet year after year. Let's look at the best options for Canadians and highlight what we like about each of these cards.
Comparing the best travel credit cards in Canada
Before getting into the details of each card, below is a summary of the cards we think are worth considering. Here's an overview of the cards' key perks, annual fees and potential earnings:
| Card name | Current welcome offer# | Key benefits | Earning rates | Annual fee |
|---|---|---|---|---|
| American Express Cobalt® Card^ | Earn up to 30,000 bonus Membership Rewards points in your first year by earning 2,500 bonus points for each billing period in which you spend $500 or more on your card. | Cellphone insurance. Access to The Hotel Collection bookings, Amex Offers and Amex Travel bookings. Some benefits require enrollment in advance. | 5 points per dollar at restaurants or food delivery in Canada. 3 points per dollar on streaming subscriptions in Canada. 2 points per dollar on ride shares in Canada. 1 point per dollar on other purchases. | $12.99 per month. |
| American Express® Aeroplan® Card^ | Earn up to 50,000 bonus Aeroplan points. Earn 35,000 points after spending $3,000 or more on purchases within the first six months of cardmembership. Plus, earn 2,5000 bonus points for each billing period in which you spend $500 or more on purchases during the first six months of card membership. | First checked bag is free for you and up to nine companions on your same reservation on Air Canada flights. Earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment toward Aeroplan status for each $10,000 of eligible purchases on your card. No preset spending limit. Access to The Hotel Collection bookings, Amex Offers and Amex Travel bookings. Some benefits require enrollment in advance. | 2 points per dollar on purchases from Air Canada and Air Canada vacations. 1.5 points per dollar on dining and food delivery purchases in Canada. 1 point per dollar on other purchases. | $120. |
| American Express® Aeroplan® Reserve Card^ | Earn up to 85,000 bonus Aeroplan points. Cardmembers can earn 55,000 bonus points after spending $6,000 in purchases in the first six months of card membership. Plus, earn 5,000 bonus points for each monthly billing period in which you spend $1,000 or more on purchases during the first six months of card membership. | Maple Leaf Lounge access. Earn a companion pass after spending $25,000 on the card during your cardmember anniversary year. Priority airport services like boarding, check-in and baggage handling for you and up to eight companions on the same reservation. Up to $100 for Nexus application or renewal fees available every four years. Seat upgrades on Rocky Mountaineer train bookings and room upgrades on Rocky Mountaineer packages including hotels. Primary card members are eligible for rollover benefits on Status Qualifying Miles and eUpgrades. Some benefits require enrollment in advance. | 3 points per dollar on purchases from Air Canada and Air Canada Vacations. 2 points per dollar on dining and food delivery purchases in Canada. 2 points per dollar on Rocky Mountaineer train purchases. 1.25 points per dollar on other purchases. | $599. |
| BMO AIR MILES® World Elite® MasterCard®^ | Earn 2,000 bonus Air Miles after spending $3,000 on purchases within the first three months from account opening. Plus, the annual fee will be waived during the first year. This offer ends July 31, 2023. | Reem miles instantly online or for in-store purchases. Book flights, hotels and other types of travel using miles at airmiles.ca. | 3 miles for every $12 spent at preferred partners, which can include gas stations, restaurants, travel partners and more. 2 miles for each $12 spent at grocery stores. 1 mile for each $12 spent on other purchases. | $120. |
| BMO Ascend™ World Elite® Mastercard®^ | Earn up to 60,000 bonus points. Get 30,000 bonus points after spending $3,000 on purchases during the first three months after account opening. Also, earn 2,500 bonus points during each month in which you make at least $2,000 in purchases on your card — valid for 12 months after the introductory three-month period. | Redeem points toward a myriad of travel purchases. Membership in Mastercard TravelPass by DragonPass, offering four free lounge visits per year and reduced prices for visits after that. Premium travel and medical protections. | 5 points per dollar on travel purchases. 3 points per dollar on eligible entertainment purchases. 3 points per dollar on eligible dining purchases. 3 points per dollar on recurring bill payments. 1 point per dollar on other purchases. | $0 introductory annual fee, then $150. |
| BMO CashBack® World Elite® Mastercard®^ | Get up to 10% cash back in your first three months from account opening and a waived annual fee during the first year. This offer ends July 31, 2023. | Redeem cash back instantly, with redemptions as low as $1 possible. Redemptions can be made for statement credit or to BMO banking and investment accountings. | 5% back on groceries (up to $500 of spending per billing cycle, then 1% back). 4% back on transit, including ride-hailing apps, taxis and public transportation (up to $300 of spending per billing cycle, then 1% back). 3% back on gas (up to $300 of spending per billing cycle, then 1% back). 2% back on recurring bill payments (up to $500 of spending per billing cycle, then 1% back). 1% back on other purchases. | $0 introductory annual fee, then $120. |
| BMO eclipse Visa Infinite Card^ | Earn up to 60,000 bonus points and enjoyed a waived annual fee during the first year. Get 30,000 bonus points after spending $3,000 on purchases within the first three months from account opening. Receive an additional 2,500 bonus points for each subsequent month in which you make at least $2,000 in purchases — valid for the next 12 months. | $50 annual statement credit available each calendar year. Visa Infinite benefits like concierge services and the Luxury Hotel Collection. Cellphone insurance. Earn 10% bonus points on purchases after adding an authorized user to your account. | 5 points per dollar on groceries, restaurant and food delivery purchases, gas and transit. 1 point per dollar on other purchases. | $0 introductory annual fee, then $120. |
| Business Platinum Card® from American Express^ | Earn 80,000 bonus Membership Rewards points after spending $6,000 on purchases within the first three months of card membership. | American Express Global Lounge Collection provides access to the following:American Express Centurion lounges, Delta Sky Club lounges, Priority Pass Select lounges, Plaza Premium lounges and other Global Lounge Collection partner lounges. Access to Fine Hotels + Resorts and The Hotel Collection reservations. No preset spending limit. Complimentary Marriott Bonvoy Gold Elite status. Discounts and elite status with Hertz and Avis car rental programs. Access to Amex Offers and Amex Travel bookings. Some benefits require enrollment in advance. | 1.25 points per dollar on all purchases. | $499. |
| CIBC Aeroplan® Visa Card^ | Earn 10,000 bonus Aeroplan points after making your first purchase on the card. | Access to additional award flight discounts when Air Canada's Aeroplan program offers saver award discounts to those with Aeroplan credit cards. Get a discount of up to 10 cents per liter with Journie Rewards when buying gas at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations. | 1 point per dollar on Air Canada and Air Canada Vacations purchases. 1 point per dollar spent on gas and groceries. 1 point for each $1.50 spent on other purchases. | $0. |
| CIBC Aventura® Visa Infinite Privilege Card^ | Earn up to 80,000 bonus Aventura points during the first year. Get 50,000 bonus points after spending $3,000 on purchases in the first four monthly billing periods. Get an additional 30,000 bonus points as an account anniversary bonus for keeping your account open the second year. | Receive two Nexus application fee rebates every four years, worth up to $100. Up to $200 in annual travel credits. Six complimentary visits each year to lounges that participate in the Visa Airport Companion Program. Get a discount of up to 10 cents per liter with Journie Rewards when buying gas at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations. Up to 25% discount on Avis and Budget car rentals when paying with your card. | 3 points per dollar spend on travel in the CIBC Rewards Centre. 2 points per dollar spent on dining, entertainment, transportation, gas and groceries. 1.25 points per dollar spent on other purchases. | $499. |
| CIBC U.S. Dollar Aventura® Gold Visa Card^ | Get up to 10,000 bonus Aventura points. Earn 7,500 bonus points after your purchase and another 2,500 points after completing five activities within 60 days of account opening (details below). | No currency conversion fees for purchases made in U.S. Dollars. Transfer rewards between Aventura business and personal credit cards — even those not denominated in U.S. Dollars. Car rental discounts with Avis and Budget. | 1 point per dollar spent on travel purchases in the CIBC Rewards Centre. 1 point for every $2 spent on other purchases. | $0 introductory annual fee, then $35. |
| HSBC World Elite® Mastercard®^ | Earn up to 80,000 bonus points and an annual fee rebate. For Quebec residents, the offer is up to 110,000 bonus points but no annual fee rebate. These offers end Feb. 28, 2023. | $100 annual travel credit toward baggage fees, seat upgrades or airport lounge passes. 20,000 bonus points on your account anniversary. | 6 points per dollar on travel purchases (up to $50,000 of these purchases per year, then 3 points per dollar). 3 points per dollar on other purchases. Spending categories will change on Feb. 28, 2023, as follows:
| $149. |
| Marriott Bonvoy® American Express® Card^ | Earn 50,000 bonus Marriott Bonvoy points after spending $1,500 on purchases within the first three months of card membership. | Annual free night award on each account anniversary, worth up to 35,000 points. Automatic Silver Elite status with Marriott Bonvoy. 15 elite night credits in your account each year, helping you reach Gold status with just 10 more nights in Marriott hotels each year. Reach Gold status by spending $30,000 on purchases each year. | 5 points per dollar spent at properties participating in Marriott Bonvoy. 2 points per dollar on other purchases. | $120. |
| MBNA Rewards Platinum Plus® Mastercard®^ | Earn 5,000 bonus points after spending $500 or more on purchases during the first 90 days from account opening and another 5,000 points after enrolling for paperless statements within 90 days of account opening. Earn up to 10,000 additional bonus points by receiving 4 points per dollar on restaurant, grocery, digital media, membership and household utility purchases during your first year. This is limited to the first $10,000 of combine purchases in these categories during the first 90 days from account opening, then 2 points per dollar. | Annual birthday bonus of 10% of the points earned during the previous 12 months (up to a maximum of 10,000 bonus points per year). Minimum of 10% discount on Avis and Budget car rentals in Canada and the U.S. (and a minimum of 5% off in other countries). Cellphone insurance and extended warranty protection. | 2 points per dollar on restaurant, grocery, digital media, membership and household utility purchases. 1 point per dollar on other purchases. | $0. |
| National Bank World Elite® Mastercard®^ | Earn up to 60,000 bonus points in the first year. Receive 30,000 points after spending $5,000 on purchases within three months of account opening and another 10,000 points if you sign up for Mastercard credit card payment insurance for a minimum of three months. Receive another 20,000 bonus points on your first account anniversary if you spend at least $12,000 on purchases during the first 12 months from account opening. This offer ends Jan. 13, 2023. | Up to $150 in refunds each year for travel expenses in these categories: airport parking fees, baggage fees, seat selection fees, airport lounge passes and airline ticket upgrades. Unlimited access to the National Bank VIP Lounge at the Montréal-Pierre Elliott Trudeau International Airport (YUL). | 5 points per dollar on groceries and restaurants (up to $2,500 of these purchases per month, then 2 points per dollar). 2 points per dollar on gas and EV charging, recurring bill payments and À la carte Travel purchases from the rewards site. 1 point per dollar on other purchases. | $0 introductory annual fee, then $150. |
| RBC British Airways Visa Infinite^ | Receive up to 60,000 bonus Avios during your first year. Get 15,000 Avios on account approval and another 35,000 bonus Avios after spending $6,000 on purchases within three months of account opening. Receive another 10,000 Avios on your account anniversary. This offer ends on Feb. 28, 2023. | Receive a Companion Award eVoucher for each year in which you spend $30,000 or more on purchases. This allows for adding a companion to an award booking and pay only the taxes and fees — available in any cabin and only for travel on British Airways. Save 3 cents per liter on fuel at Petro-Canada. Get a 12-month complimentary DashPass subscription with DoorDash. | 2 Avios per dollar spent on British Airways purchases. 1 Avios per dollar on other purchases. | $165. |
| RBC Cathay Pacific Visa Platinum^ | Receive up to 40,000 bonus Asia Miles. Get 15,000 bonus miles on account opening and another 25,000 miles after spending $7,000 on purchases within three months of account opening. | Cathay Pacific Green membership, including benefits like priority check-in and exclusive offers. Save 3 cents per liter on fuel at Petro-Canada. Get a 12-month complimentary DashPass subscription with DoorDash. | 2 miles per dollar on Cathay Pacific purchases. 1.25 miles per dollar spent in foreign currencies (based on CAD equivalent) 1 mile per dollar spent in CAD. | $120. |
| Rogers™ World Elite® Mastercard^ | Earn a $25 bonus after making your first purchase within three months of account opening. | Membership in Mastercard Travel Pass by DragonPass, with access to member lounges at a rate of $32 per visit. Numerous travel and insurance protections, including rental car collision/damage and extended warranty protection. | 3% cash back on purchases made in U.S. Dollars. 1.5% back on other purchases. | $0. |
| Scotiabank Gold American Express® Card^ | Earn up to 45,000 bonus Scene+ points during the first year. Receive 25,000 bonus points after spending $1,000 on purchases within three months of account opening. Receive another 20,000 bonus points after spending $7,500 on purchases during the first year from account opening. This offer ends on April 30, 2023. | Redeem points at 1 cent apiece against travel purchases for up to a year after spending or redeem at 1 cent each in the travel portal. Access to Amex Offers. Discounted price on purchasing a Priority Pass membership. No foreign transaction fees. | 6 Scene+ points per dollar at eligible grocery stores (includes most major brands but subject to change at any time). 5 points per dollar at other grocery stores not included above. 5 points per dollar on entertainment purchases in Canada, including movies, theaters and ticket agencies. 3 points per dollar on gas and transit — including ride-hailing apps. 3 points per dollar on streaming services in Canada. 1 point per dollar on other purchases. | $0 introductory annual fee, then $120. |
| Scotiabank Passport® Visa Infinite Card^ | Earn up to 40,000 bonus Scene+ points in the first year. Get 30,000 bonus points by making at least $1,000 in purchases within three months of account opening. Receive another 10,000 bonus points on your account anniversary after spending $40,000 on purchases during the year. This offer ends on April 30, 2023. | Complimentary membership in the Visa Airport Companion Program, plus six complimentary lounge visits per year Redeem points at 1 cent apiece against travel purchases for up to a year after spending or redeem at 1 cent each in the travel portal. Complimentary Avis Preferred Plus membership provides discounts and car upgrades. No foreign transaction fees. | 3 Scene+ points per dollar spent at eligible grocery stores (includes most major brands but subject to change at any time). 2 points per dollar on dining and other grocery stores not on the list above. 2 points per dollar on entertainment purchases in Canada, including movies, theaters and ticket agencies. 2 points per dollar on transit — including ride-hailing apps. 1 point per dollar on other purchases. | $150. |
| Scotiabank Platinum American Express® Card^ | Earn up to 70,000 bonus Scene+ points. Receive 50,000 bonus points after spending $3,000 on purchases within three months of account opening. Earn another 20,000 bonus points after spending $10,000 on purchases within 14 months of account opening. This offer ends Jan. 3, 2023. | 10 complimentary visits to Priority Pass or Plaza Premium lounges each year. Redeem points at 1 cent apiece against travel purchases for up to a year after spending or redeem at 1 cent each in the travel portal. 24/7 access to concierge services to help with things like restaurant reservations and travel bookings. No foreign transaction fees. | 2 Scene+ points on all purchases. | $399. |
| TD Business Travel Visa Card^ | Earn up to 150,000 bonus TD Rewards Points and up to $247 in annual fee rebates. Receive 30,000 points after your first purchase and another 60,000 points after spending $5,000 on purchases within three months of account opening. Earn 5,000 bonus points each month in which you spend $2,500 on purchases — valid for the first 12 months from account opening. Also receive an annual fee rebate for the primary cardholder and up to two additional cardholders during the first year. This offer ends Jan. 3, 2023. | Earn 50% more stars and rewards points on Starbucks purchases. Plus, redeem your TD Rewards for Starbucks stars. Minimum of 10% discount on Avis and Budget car rentals in Canada and the U.S. (and a minimum of 5% off in other countries). Numerous travel protections protect against things like cancellations, car rental damage and lost luggage. | 9 TD Rewards points when booking travel through ExpediaForTD.com. 6 points per dollar at restaurants, recurring bill payments and purchases made in foreign currencies. 2 points per dollar spent on other purchases. | $149. |
| TD First Class Travel® Visa Infinite Card^ | Earn up to 145,000 bonus TD Rewards points plus waived annual fees during the first year. Get 20,000 bonus points after making your first purchase within three months of account opening and another 115,000 points after spending $5,000 on purchases within 180 days of account opening. Receive a birthday bonus of up to 10,000 bonus points (equal to 10% of the points earned in the previous year, up to 10,000 points maximum). This offer ends May 28, 2023. | Receive a TD Travel Credit of $100 when you book at Expedia for TD, available each year. 10% points birthday bonus of up to 10,000 points. Minimum of 10% discount on Avis and Budget car rentals in Canada and the U.S. (and a minimum of 5% off in other countries). Access to the Visa Infinite Luxury Hotel Collection. 24/7 access to concierge services to help with things like restaurant reservations and travel bookings. Numerous travel protections protect against things like cancellations, car rental damage and lost luggage. | 8 TD Rewards points per dollar on purchases from Expedia for TD. 6 points per dollar on groceries and at restaurants. 4 points per dollar on recurring bill payments. 2 points per dollar on other purchases. | $139. |
| TD® Aeroplan® Visa Infinite Privilege Credit Card^ | Earn up to 105,000 Aeroplan points during the first year. Get 20,000 points after making your first purchase within 90 days of account opening. Receive another 30,000 points after spending $3,000 within 90 days of account opening. Plus, receive 55,000 bonus points after spending $12,000 within 12 months of account opening. This offer ends Jan. 3, 2023. | Complimentary access to Air Canada Café and Maple Leafe Lounge locations in Canada and the U.S. when you have a same-day ticket on Air Canada or a Star Alliance partner. Up to $100 in Nexus application fee rebates — available every four years. Priority airport services include priority boarding, priority baggage handling and priority upgrades. Annual companion pass of $99 (plus taxes and fees) valid for economy-class flights with Air Canada or its subsidiaries. Receive this benefit after spending $25,000 on purchases during your cardmember year. Earn 50% more stars and Aeroplan points when using your card at participating Starbucks locations. | 2 Aeroplan points on purchases from Air Canada and Air Canada Vacations. 1.5 points per dollar on gas, groceries, travel and dining purchases. 1.25 points per dollar on other purchases. | $599. |
| TD® Aeroplan® Visa Infinite Card^ | Earn up to 55,000 bonus Aeroplan points. Get 10,000 points after making your first purchase within 90 days of account opening and another 20,000 points after spending $1,500 on purchases within 90 days of account opening. Earn another 20,000 bonus points after spending $7,500 on purchases within 12 months of account opening. Plus, enjoy no annual fee during the first year. This offer ends Jan. 4, 2023. | Free first checked bag for you and up to eight companions on the same reservation when flying with Air Canada. Earn 1,000 Status Qualifying Miles and 1 Status Qualifying Segment toward Aeroplan status for each $10,000 of purchases made on the card. Up to $100 in Nexus application fee credits — available every four years. Earn 50% more stars and Aeroplan points when using your card at participating Starbucks locations. | 1.5 Aeroplan points per dollar spent with Air Canada and Air Canada Vacations. 1.5 points per dollar on gas and grocery purchases. 1 point per dollar on other purchases. | $139. |
| The Platinum Card®^ | Earn 60,000 bonus Membership Rewards points after spending $6,000 on purchases within the first three months of cardmembership. Earn another 20,000 bonus points after making a purchase between 14 and 17 months of cardmembership. | $200 annual travel credit toward any purchase from Amex Travel online or Platinum Card travel services — valid on purchases of $200 or more. Up to $100 in statement credits for Nexus application or renewal fees. American Express Global Lounge Collection provides access to the following:American Express Centurion lounges, Delta Sky Club lounges, Priority Pass Select lounges, Plaza Premium lounges and other Global Lounge Collection partner lounges. Access to Fine Hotels + Resorts. No preset spending limit. Complimentary elite status with hotel programs: Marriott Bonvoy Gold Elite status, Hilton Honors Gold status and Radisson Rewards Americas Gold status. Discounts and elite status with Hertz and Avis car rental programs. Access to Amex Offers and Amex Travel bookings. Some benefits require enrollment in advance. | 3 points per dollar on dining and food delivery purchases in Canada. 2 points per dollar on travel. 1 point per dollar on other purchases. | $699. |
| The RBC Avion Visa Infinite Business^ | Receive 25,000 bonus points automatically on your first billing statement. | Visa Airport Companion Program membership provides discounted lounge access rates of $32 per visit. Save 3 cents per liter on fuel at Petro-Canada. Receive 30% off rentals with Hertz and earn triple rewards points (so 3.75 or 3, depending on whether you've passed the $75,000 spending threshold that year). Get a 12-month complimentary DashPass subscription with DoorDash. | 1.25 Avion points for every spent (on up to $75,000 of purchases per year, then 1 point per dollar). | $175. |
| WestJet RBC World Elite Mastercard^ | Get 250 WestJet dollars after your first purchase and another 200 WestJet dollars after spending $5,000 on purchases and setting up pre-authorized bill payment transactions within the first three months from account opening. | Accelerate your WestJet Rewards status with Status Lift. Earn $500 in tier-qualifying spend for every $15,000 in purchases on your card (up to a maximum of $1,500 in tier-qualifying spend in a qualifying year). Receive a companion voucher annually, valid for travel on WestJet premium economy and economy fares. Pay taxes and fees plus a companion fare starting at $119. Free first checked bag on WestJet flights — valid for the cardholder and up to eight companions on the same reservation. Save 3 cents per liter on fuel at Petro-Canada. Get a 12-month complimentary DashPass subscription with DoorDash. Free Wi-Fi at Boingo hotspots or when using WestJet Connect on a flight. | 2% back in WestJet dollars on flight or vacation packages purchased from WestJet. 1.5% back in WestJet dollars on other purchases. | $119. |
^ The information for these cards has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
# The figures in the table above and in the discussions below are quoted in Canadian Dollars (CAD).
Details on the best travel credit cards in Canada
American Express Cobalt Card
Current welcome offer: Earn up to 30,000 bonus points during your first year as a cardmember by earning 2,500 bonus points for each billing period in which you spend $500 or more on purchases.
Annual fee: No annual fee but a monthly fee of $12.99.
Why we like it: Cardmembers can earn valuable Membership Rewards points, which can be redeemed with airline programs like Air Canada Aeroplan and Air France-KLM Flying Blue and hotel programs Hilton Honors and Marriott Bonvoy. Additionally, you can access several American Express benefits like Amex Offers and The Hotel Collection without the higher fees attached to premium credit cards.
Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts
American Express Aeroplan Card
Current welcome offer: Earn up to 50,000 bonus Aeroplan points. Earn 35,000 points after spending $3,000 or more on purchases within the first six months of cardmembership. Plus, earn 2,5000 bonus points for each billing period in which you spend $500 or more on purchases during the first six months of cardmembership.
Annual fee: $120.
Why we like it: A free checked bag for 10 people (you and up to nine companions) could easily cost more than $120, so using this perk once a year could easily justify the annual fee. Additionally, those pursuing Aeroplan elite status can accelerate through progress by spending on the Amex Aeroplan card. Cardmembers also get access to valuable American Express perks.
American Express Aeroplan Reserve Card
Current welcome offer: Earn up to 85,000 bonus Aeroplan points. Cardmembers can earn 55,000 bonus points after spending $6,000 in purchases in the first six months of cardmembership. Plus, earn 5,000 bonus points for each monthly billing period in which you spend $1,000 or more on purchases during the first six months of cardmembership.
Annual fee: $599.
Why we like it: Those looking for premium perks with Air Canada can find them in the Amex Aeroplan Reserve card. Benefits like lounge access, priority check-in and priority boarding are complemented by reimbursem*nt for application and renewal fees to Nexus. There are additional perks with the Rocky Mountaineer, such as bonus earning rates, seat upgrades and even room upgrades on train packages that include a hotel. There's also the ability to earn a companion pass for someone to join you on an economy ticket flying with Air Canada or its subsidiaries, but you'll need to spend $25,000 on your card to earn this benefit.
BMO AIR MILES World Elite Mastercard
Current welcome offer: Earn 2,000 bonus Air Miles after spending $3,000 on purchases within the first three months from account opening. Plus, the annual fee will be waived during the first year. This offer ends July 31, 2023.
Annual fee: $120.
Why we like it: Those looking for a card with a moderate annual fee and points that can be redeemed in myriad ways have found that combination in the BMO Air Miles card. Plus, if you apply before July 31, 2023, the annual fee on your card will be waived during the first year.
BMO Ascend World Elite Mastercard
Current welcome offer: Earn up to 60,000 bonus points. Get 30,000 bonus points after spending $3,000 on purchases during the first three months after account opening. Also, earn 2,500 bonus points during each month in which you make at least $2,000 in purchases on your card — valid for 12 months after the introductory three-month period.
Annual fee: $0 introductory annual fee, then $150.
Why we like it: Earning rates are strong, offering 5 points per dollar on a broad travel category and 3 points per dollar on dining, entertainment and recurring bill payments — categories in which many people spend regularly. Additionally, there are premium insurance perks to help in case something goes wrong during your trip, and you'll also get four free visits per year to airline lounges. The points your earn are flexible, allowing you to redeem points against a wide range of travel purchases or redeem your points for a deposit into a BMO savings or investment account.
BMO CashBack World Elite Mastercard
Current welcome offer: Get up to 10% cash back in your first three months from account opening and a waived annual fee during the first year. The 10% back rate applies to the following limits: $500 on groceries, $300 on transit, $300 on gas and EV charging, $500 on recurring bill payments and up to $1,000 on other purchases. This offer ends July 31, 2023.
Annual fee: $0 introductory annual fee, then $120.
Why we like it: Not everything can be paid for with frequent flyer miles; using a cash-back rewards card can help you offset purchases where you can pay with points and miles. With an annual fee waived during the first year and strong earning rates in common spending categories, this can be a great card to round out your earning and your redeeming.
BMO eclipse Visa Infinite Card
Current welcome offer: Earn up to 60,000 bonus points and enjoyed a waived annual fee during the first year. Get 30,000 bonus points after spending $3,000 on purchases within the first three months from account opening. Receive an additional 2,500 bonus points for each subsequent month in which you make at least $2,000 in purchases — valid for the next 12 months.
Annual fee: $0 introductory annual fee, then $120.
Why we like it: Earning 5 points per dollar on groceries, gas transit, dining out and ordering in is quite the combination. But you can boost your earnings to 5.5 points per dollar by adding an authorized user to your account. Bonus earning rates will apply to purchases made by both the primary account holder and the authorized user, meaning your rewards pile up even faster.
Business Platinum Card from American Express
Current welcome offer: Earn 80,000 bonus Membership Rewards points after spending $6,000 on purchases within the first three months of cardmembership.
Annual fee: $499.
Why we like it: The Canadian version of the Amex Business Platinum Card offers numerous perks and is one of the best travel credit cards in Canada regarding business spending and business travel. Along with access to numerous airport lounges, you'll get elite status with rental car programs and Marriott Bonvoy for hotel stays as well as premium travel perks at Toronto Pearson International Airport (YYZ). That's on top of the card having no preset spending limit, meaning it adapts to your purchasing and payment behaviors, which can be great for businesses that spend a lot of money on the card.
CIBC Aeroplan Visa Card
Current welcome offer: Earn 10,000 bonus Aeroplan points after making your first purchase on the card.
Annual fee: $0.
Why we like it: There's no annual fee, but cardholders earn rewards with Canada's biggest airline loyalty program. Other perks include access to award flight deals exclusive to Aeroplan credit card holders and discounts on gas, which can be extremely valuable for those who spend a lot on fuel.
CIBC Aventura Visa Infinite Privilege Card
Current welcome offer: Earn up to 80,000 bonus Aventura points during the first year. Get 50,000 bonus points after spending $3,000 on purchases in the first four monthly billing periods. Get an additional 30,000 bonus points as an account anniversary bonus for keeping your account open the second year.
Annual fee: $499.
Why we like it: Those looking for flexible travel perks have a quality combination of these benefits in the CIBC Aventure Visa Infinite card. The $499 annual fee is offset by $200 in travel credits available each year, up to $100 in Nexus fee credits available every four years and six complimentary airport lounge visits per year. Other perks include savings on gas purchases and discounts on rental cars; these perks can be extremely valuable for those who use them often to save hundreds or thousands of dollars a year. Plus, you earn Aventura points, which you can use on flights for free (or heavily discounted) travel.
CIBC U.S. Dollar Aventura Gold Visa Card
Current welcome offer: Get up to 10,000 bonus Aventura points. Earn 7,500 bonus points after your purchase and another 2,500 points after completing five activities within 60 days of account opening: Share your email address with CIBC, sign up for electronic statements, add an authorized user to your account, have a CIBC checking account and add your card to an eligible mobile wallet.
Annual fee: $35.
Why we like it: Canadians who frequently travel to the U.S. or shop with U.S. retailers will love a card that avoids currency conversion and foreign exchange fees on purchases. There is a modest welcome bonus and a modest annual fee starting in the second year for the CIBC U.S. Dollar Aventura card. Plus, Aventura points can be used to pay for flights and can be moved between your Aventura-earning accounts to allow you to add up to the points needed for your next redemption.
HSBC World Elite Mastercard
Current welcome offer: Earn up to 80,000 bonus points plus an annual fee rebate during the first year. Receive 20,000 bonus points on account opening and another 40,000 bonus points after spending $6,000 within 180 days of account opening. Receive another 20,000 bonus points on your account anniversary.
There is a different offer for Quebec residents: Earn up to 110,000 bonus points during the first year. Receive 20,000 bonus points on account opening and another 70,000 bonus points after you keep your account open and active for 180 days. Then, receive another 20,000 points on your account anniversary.
Annual fee: $149.
Why we like it: Points are worth 0.5 cents each and can be redeemed against any travel purchases on your card, providing great flexibility. The annual $100 travel credit provides value against incidental expenses during your trip, and the anniversary bonus points are worth $100. These benefits easily provide positive value over the annual fee on the card.
Marriott Bonvoy American Express Card
Current welcome offer: Earn 50,000 bonus Marriott Bonvoy points after spending $1,500 on purchases within the first three months of cardmembership.
Annual fee: $120.
Why we like it: Marriott Bonvoy. has a global footprint, so earning points with this hotel program can help you earn free nights at hotels on your next trip. It should be easy to get more than $120 in value from your annual free night award (worth up to 35,000 points), plus the card has built-in perks to help you reach higher status tiers with Marriott Bonvoy if you want additional perks during hotel stays.
MBNA Rewards Platinum Plus Mastercard
Current welcome offer: Earn 5,000 bonus points after spending $500 or more on purchases during the first 90 days from account opening and another 5,000 points after enrolling for paperless statements within 90 days of account opening.
Plus, earn up to 10,000 additional bonus points by receiving 4 points per dollar on restaurant, grocery, digital media, membership and household utility purchases during your first year. This is limited to the first $10,000 of combined purchases in these categories during the first 90 days from account opening, then 2 points per dollar.
Annual fee: $0.
Why we like it: The MBNA Rewards Platinum card has no annual fee but provides discounts on car rentals. If you rent cars often, it could be worth holding this card just for that perk and for the anniversary bonus points each year.
National Bank World Elite Mastercard
Current welcome offer: Earn up to 60,000 bonus points in the first year. Receive 30,000 points after spending $5,000 on purchases within three months of account opening and another 10,000 points if you sign up for Mastercard credit card payment insurance for a minimum of three months. Receive another 20,000 bonus points on your first account anniversary if you spend at least $12,000 on purchases during the first 12 months from account opening. This offer ends Jan. 13, 2023.
Annual fee: $0 introductory annual fee, then $150.
Why we like it: The National Bank World Elite Mastercard provides up to $150 in annual travel credits, which is the same dollar amount as the annual fee. That means all other perks and points provide positive value, such as lounge access, points on purchases and the welcome offer during the first year.
RBC British Airways Visa Infinite
Current welcome offer: Receive up to 60,000 bonus Avios during your first year. Get 15,000 Avios on account approval and another 35,000 bonus Avios after spending $6,000 on purchases within three months of account opening. Receive another 10,000 Avios on your account anniversary. This offer ends Feb. 28, 2023.
Annual fee: $165.
Why we like it: The earning structure on this card isn't great, but the companion award can provide incredible value when redeeming Avios and bringing a companion along with you. You'll pay the taxes and fees on this ticket (which can be hefty), but you won't pay any Avios for this person to join you. This is valid on British Airways flights only and can provide serious value in business or first class.
RBC Cathay Pacific Visa Platinum
Current welcome offer: Receive up to 40,000 bonus Asia Miles. Get 15,000 bonus miles on account opening and another 25,000 miles after spending $7,000 on purchases within three months of account opening.
Annual fee: $120.
Why we like it: This is the only credit card in Canada that earns Asia Miles directly. Asia Miles (the rewards program of Cathay Pacific) has some incredible sweet spots for redemptions with its Oneworld alliance partners. The RBC Cathay Pacific card comes with a moderate annual fee and perks that can save you money on gas and food delivery while earning Asia Miles on purchases.
Rogers World Elite Mastercard
Current welcome offer: Earn a $25 bonus after making your first purchase within three months of account opening.
Annual fee: $0.
Why we like it: For a card with no annual fee, the Rogers World Elite Mastercard provides numerous shopping and travel protections. If you don't have these on another credit card, putting purchases on this card to protect your belongings and your vacations could be a smart move — especially since it costs you nothing to keep this card in your wallet.
Scotiabank Gold American Express Card
Current welcome offer: Earn up to 45,000 bonus Scene+ points during the first year. Receive 25,000 bonus points after spending $1,000 on purchases within three months of account opening. Receive another 20,000 bonus points after spending $7,500 on purchases during the first year from account opening. This offer ends April 30, 2023.
Annual fee: $0 introductory annual fee, then $120.
Why we like it: The Scotiabank Gold Amex has a quality earning structure, earning up to a 6% return on grocery purchases and 5% return on entertainment. Points can be redeemed for past travel purchases up to a year after the fact or to pay for travel bookings in the rewards center, and there are no foreign transaction fees on purchases made outside Canada.
Scotiabank Passport Visa Infinite Card
Current welcome offer: Earn up to 40,000 bonus Scene+ points in the first year. Get 30,000 bonus points by making at least $1,000 in purchases within three months of account opening. Receive another 10,000 bonus points on your account anniversary after spending $40,000 on purchases during the year. This offer ends April 30, 2023.
Annual fee: $150.
Why we like it: The earning structure isn't overly exciting, but the $150 annual fee can be offset easily by the value received from six complimentary lounge visits and car rental privileges. If you use these frequently, finding value in the Scotiabank Passport Visa can be easy. Those who don't rent cars often may struggle to justify the $150 annual fee.
Scotiabank Platinum American Express Card
Current welcome offer: Earn up to 70,000 bonus Scene+ points. Receive 50,000 bonus points after spending $3,000 on purchases within three months of account opening. Earn another 20,000 bonus points after spending $10,000 on purchases within 14 months of account opening. This offer ends Jan. 3, 2023.
Annual fee: $399.
Why we like it: The Scotiabank Platinum Amex offers great travel benefits without needing to track bonus categories on spending. You'll earn 2 points per dollar on all purchases and not needing to track rewards programs is a bonus for people who want simplicity from their credit cards.
TD Business Travel Visa Card
Current welcome offer: Earn up to 150,000 bonus TD Rewards Points and up to $247 in annual fee rebates. Receive 30,000 points after your first purchase and another 60,000 points after spending $5,000 on purchases within three months of account opening. Earn 5,000 bonus points each month in which you spend $2,500 on purchases — valid for the first 12 months from account opening. Also receive an annual fee rebate for the primary cardholder and up to two additional cardholders during the first year. This offer ends Jan. 3, 2023.
Annual fee: $149.
Why we like it: Cardholders can redeem points against travel purchases or for bookings with Expedia for TD or redeem points as a statement credit, providing flexibility after earning points in some interesting bonus categories. For businesses with travel expenses or purchasing goods in other currencies, this card can help you rack up many points.
TD First Class Travel Visa Infinite Card
Current welcome offer: Earn up to 145,000 bonus TD Rewards points plus waived annual fees during the first year. Get 20,000 bonus points after making your first purchase within three months of account opening and another 115,000 points after spending $5,000 on purchases within 180 days of account opening. Receive a birthday bonus of up to 10,000 bonus points (equal to 10% of the points earned in the previous year, up to 10,000 points maximum). This offer ends May 28, 2023.
Annual fee: $139.
Why we like it: The TD First Class Visa offers a wide range of travel protections to help if you encounter problems during a trip, so making travel purchases on this card could be a smart idea. The card has a robust earning structure, car rental discounts and easy paths to offset the annual fee through travel credits and birthday bonus points.
TD Aeroplan Visa Infinite Privilege Credit Card
Current welcome offer: Earn up to 105,000 Aeroplan points during the first year. Get 20,000 points after making your first purchase within 90 days of account opening. Receive another 30,000 points after spending $3,000 within 90 days of account opening. Plus, receive 55,000 bonus points after spending $12,000 within 12 months of account opening. This offer ends Jan. 3, 2023.
Annual fee: $599.
Why we like it: Regular flyers with Air Canada and its Star Alliance partners who want premium perks during their trips will find them in the TD Aeroplan Visa Infinite Privilege card. You'll get access to Maple Leaf lounges, priority benefits at the airport to help you avoid lines and reimbursem*nt for Nexus application fees. Plus, you can earn a companion fare after spending $25,000 on purchases during your cardmember account year. This perk can be extremely valuable when bringing a companion on a flight for just $99 plus taxes and fees.
TD Aeroplan Visa Infinite Card
Current welcome offer: Earn up to 55,000 bonus Aeroplan points. Get 10,000 points after making your first purchase within 90 days of account opening and another 20,000 points after spending $1,500 on purchases within 90 days of account opening. Earn another 20,000 bonus points after spending $7,500 on purchases within 12 months of account opening. Plus, enjoy no annual fee during the first year. This offer ends Jan. 4, 2023.
Annual fee: $139.
Why we like it: Avoiding checked baggage fees is a key perk for travelers, and you'll find that on the TD Aeroplan Visa Infinite. There's a modest annual fee of $139, but you may save more than that on checked bag fees for you and your companions each year. You can also receive reimbursem*nt for your Nexus application fee, providing further value.
The Platinum Card
Current welcome offer: Earn 60,000 bonus Membership Rewards points after spending $6,000 on purchases within the first three months of card membership. Earn another 20,000 bonus points after making a purchase between 14 and 17 months of card membership.
Annual fee: $699.
Why we like it: Those looking for a premium travel experience should look no further. The Canadian version of The Platinum Card is easily one of the best travel credit cards in Canada for its many benefits. They includes lounge access, Nexus fee reimbursem*nt, up to $200 in travel credits and elite status with three different hotel programs. You'll also earn Membership Rewards points, which you can use with multiple airline and hotel loyalty programs.
The RBC Avion Visa Infinite Business
Current welcome offer: Receive 25,000 bonus points automatically on your first billing statement.
Annual fee: $175.
Why we like it: Points can be redeemed at a flat rate of 1 cent per point to pay for purchases, so you never have to worry about whether you're getting good value on your redemptions. Redeem points for statement credit, pay for in-store purchases or pay for travel. You can attain even better value by transferring points to WestJet Rewards, American Airlines AAdvantage, British Airways Executive Club and Asia Miles since these transfers are available through the Avion Elite status offered to cardholders. Transfers are at a 1-to-1 ratio, except for American Airlines; this transfer has a 1-to-0.7 transfer ratio.
WestJet RBC World Elite Mastercard
Current welcome offer: Get 250 WestJet dollars after your first purchase and another 200 WestJet dollars after spending $5,000 on purchases and setting up pre-authorized bill payment transactions within the first three months from account opening.
Annual fee: $119.
Why we like it: This is a great card for fans of Canada's second-largest airline. The companion pass can provide great savings, depending on how you use it. Plus, the free Wi-Fi benefit from Boingo can provide savings to those who use public Wi-Fi and need to use more than their free allowance.
Bottom line
Whether you're looking for a card with premium perks or no annual fee, there should be something for everyone as you review the top travel credit cards in Canada.
From the chart above and the reasons why we like each of these cards, look for cards that offer the benefits you want while charging an annual fee acceptable to you. It's also worth looking for cards that earn bonus points or extra cash back in categories where you spend regularly. Once you find a card (or cards) to match your travel style, travel goals and spending habits, read the details before applying.
Also, ensure you understand how to earn the welcome bonus since you don't want to lose out on that.
Additional reporting by Nancy Carr.
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
