Editor’s be aware: It is a recurring submit, usually up to date with new info and gives.
The choices might differ from these in the US, however Canadians with wanderlust haven’t any scarcity of rewards-earning bank cards. Whether or not you are on the lookout for money again, nearly-free flights or resort stays, there are bank cards that may make it easier to accomplish your journey targets.
There are different choices to think about as nicely. Are you on the lookout for a card with no annual payment or are you keen to pay a payment to get premium perks like lounge entry at airports?
One of the best journey bank cards — in Canada or anyplace else — ought to include a welcome bonus after finishing a spending requirement and may supply advantages that justify maintaining that card in your pockets yr after yr. Let us take a look at the most effective choices for Canadians and spotlight what we like about every of those playing cards.
Evaluating the most effective journey bank cards in Canada
Earlier than entering into the main points of every card, beneath is a abstract of the playing cards we predict are value contemplating. This is an outline of the playing cards’ key perks, annual charges and potential earnings:
| Card title | Present welcome supply# | Key advantages | Incomes charges | Annual payment |
|---|---|---|---|---|
| American Specific Cobalt® Card^ | Earn as much as 30,000 bonus Membership Rewards factors in your first yr by incomes 2,500 bonus factors for every billing interval wherein you spend $500 or extra in your card. | Cellphone insurance coverage.
Entry to The Lodge Assortment bookings, Amex Provides and Amex Journey bookings. Some advantages require enrollment upfront. |
5 factors per greenback at eating places or meals supply in Canada.
3 factors per greenback on streaming subscriptions in Canada. 2 factors per greenback on trip shares in Canada. 1 level per greenback on different purchases. |
$12.99 monthly. |
| American Specific® Aeroplan® Card^ | Earn as much as 50,000 bonus Aeroplan factors. Earn 35,000 factors after spending $3,000 or extra on purchases inside the first six months of cardmembership. Plus, earn 2,5000 bonus factors for every billing interval wherein you spend $500 or extra on purchases throughout the first six months of card membership. | First checked bag is free for you and as much as 9 companions in your similar reservation on Air Canada flights.
Earn 1,000 Standing Qualifying Miles and 1 Standing Qualifying Phase towards Aeroplan standing for every $10,000 of eligible purchases in your card. No preset spending restrict. Entry to The Lodge Assortment bookings, Amex Provides and Amex Journey bookings. Some advantages require enrollment upfront. |
2 factors per greenback on purchases from Air Canada and Air Canada holidays.
1.5 factors per greenback on eating and meals supply purchases in Canada. 1 level per greenback on different purchases. |
$120. |
| American Specific® Aeroplan® Reserve Card^ | Earn as much as 85,000 bonus Aeroplan factors. Cardmembers can earn 55,000 bonus factors after spending $6,000 in purchases within the first six months of card membership. Plus, earn 5,000 bonus factors for every month-to-month billing interval wherein you spend $1,000 or extra on purchases throughout the first six months of card membership. | Maple Leaf Lounge entry.
Earn a companion move after spending $25,000 on the cardboard throughout your cardmember anniversary yr. Precedence airport companies like boarding, check-in and baggage dealing with for you and as much as eight companions on the identical reservation. As much as $100 for Nexus utility or renewal charges accessible each 4 years. Seat upgrades on Rocky Mountaineer practice bookings and room upgrades on Rocky Mountaineer packages together with inns. Major card members are eligible for rollover advantages on Standing Qualifying Miles and eUpgrades. Some advantages require enrollment upfront. |
3 factors per greenback on purchases from Air Canada and Air Canada Holidays.
2 factors per greenback on eating and meals supply purchases in Canada. 2 factors per greenback on Rocky Mountaineer practice purchases. 1.25 factors per greenback on different purchases. |
$599. |
| BMO AIR MILES® World Elite® MasterCard®^ | Earn 2,000 bonus Air Miles after spending $3,000 on purchases inside the first three months from account opening. Plus, the annual payment might be waived throughout the first yr. This supply ends July 31, 2023. | Reem miles immediately on-line or for in-store purchases.
E-book flights, inns and different varieties of journey utilizing miles at airmiles.ca. |
3 miles for each $12 spent at most well-liked companions, which might embrace gasoline stations, eating places, journey companions and extra.
2 miles for every $12 spent at grocery shops. 1 mile for every $12 spent on different purchases. |
$120. |
| BMO Ascend™ World Elite® Mastercard®^ | Earn as much as 60,000 bonus factors. Get 30,000 bonus factors after spending $3,000 on purchases throughout the first three months after account opening. Additionally, earn 2,500 bonus factors throughout every month wherein you make at the least $2,000 in purchases in your card — legitimate for 12 months after the introductory three-month interval. | Redeem factors towards a myriad of journey purchases.
Membership in Mastercard TravelPass by DragonPass, providing 4 free lounge visits per yr and decreased costs for visits after that. Premium journey and medical protections. |
5 factors per greenback on journey purchases.
3 factors per greenback on eligible leisure purchases. 3 factors per greenback on eligible eating purchases. 3 factors per greenback on recurring invoice funds. 1 level per greenback on different purchases. |
$0 introductory annual payment, then $150. |
| BMO CashBack® World Elite® Mastercard®^ | Rise up to 10% money again in your first three months from account opening and a waived annual payment throughout the first yr. This supply ends July 31, 2023. | Redeem money again immediately, with redemptions as little as $1 doable.
Redemptions may be made for assertion credit score or to BMO banking and funding accountings. |
5% again on groceries (as much as $500 of spending per billing cycle, then 1% again).
4% again on transit, together with ride-hailing apps, taxis and public transportation (as much as $300 of spending per billing cycle, then 1% again). 3% again on gasoline (as much as $300 of spending per billing cycle, then 1% again). 2% again on recurring invoice funds (as much as $500 of spending per billing cycle, then 1% again). 1% again on different purchases. |
$0 introductory annual payment, then $120. |
| BMO eclipse Visa Infinite Card^ | Earn as much as 60,000 bonus factors and loved a waived annual payment throughout the first yr. Get 30,000 bonus factors after spending $3,000 on purchases inside the first three months from account opening. Obtain an extra 2,500 bonus factors for every subsequent month wherein you make at the least $2,000 in purchases — legitimate for the subsequent 12 months. | $50 annual assertion credit score accessible every calendar yr.
Visa Infinite advantages like concierge companies and the Luxurious Lodge Assortment. Cellphone insurance coverage. Earn 10% bonus factors on purchases after including a certified person to your account. |
5 factors per greenback on groceries, restaurant and meals supply purchases, gasoline and transit.
1 level per greenback on different purchases. |
$0 introductory annual payment, then $120. |
| Enterprise Platinum Card® from American Specific^ | Earn 80,000 bonus Membership Rewards factors after spending $6,000 on purchases inside the first three months of card membership. | American Specific World Lounge Assortment gives entry to the next: American Specific Centurion lounges, Delta Sky Membership lounges, Precedence Cross Choose lounges, Plaza Premium lounges and other World Lounge Assortment associate lounges.
Entry to High-quality Resorts + Resorts and The Lodge Assortment reservations. No preset spending restrict. Complimentary Marriott Bonvoy Gold Elite standing. Reductions and elite standing with Hertz and Avis automotive rental applications. Entry to Amex Provides and Amex Journey bookings. Some advantages require enrollment upfront. |
1.25 factors per greenback on all purchases. | $499. |
| CIBC Aeroplan® Visa Card^ | Earn 10,000 bonus Aeroplan factors after making your first buy on the cardboard. | Entry to extra award flight reductions when Air Canada’s Aeroplan program gives saver award reductions to these with Aeroplan bank cards.
Get a reduction of as much as 10 cents per liter with Journie Rewards when shopping for gasoline at collaborating Pioneer, Fas Fuel, Ultramar and Chevron gasoline stations. |
1 level per greenback on Air Canada and Air Canada Holidays purchases.
1 level per greenback spent on gasoline and groceries. 1 level for every $1.50 spent on different purchases. |
$0. |
| CIBC Aventura® Visa Infinite Privilege Card^ | Earn as much as 80,000 bonus Aventura factors throughout the first yr. Get 50,000 bonus factors after spending $3,000 on purchases within the first 4 month-to-month billing durations. Get an extra 30,000 bonus factors as an account anniversary bonus for maintaining your account open the second yr. | Obtain two Nexus utility payment rebates each 4 years, value as much as $100.
As much as $200 in annual journey credit. Six complimentary visits annually to lounges that take part within the Visa Airport Companion Program. Get a reduction of as much as 10 cents per liter with Journie Rewards when shopping for gasoline at collaborating Pioneer, Fas Fuel, Ultramar and Chevron gasoline stations. As much as 25% low cost on Avis and Finances automotive leases when paying together with your card. |
3 factors per greenback spend on journey within the CIBC Rewards Centre.
2 factors per greenback spent on eating, leisure, transportation, gasoline and groceries. 1.25 factors per greenback spent on different purchases. |
$499. |
| CIBC U.S. Greenback Aventura® Gold Visa Card^ | Rise up to 10,000 bonus Aventura factors. Earn 7,500 bonus factors after your buy and one other 2,500 factors after finishing 5 actions inside 60 days of account opening (particulars beneath). | No foreign money conversion charges for purchases made in U.S. {Dollars}.
Switch rewards between Aventura enterprise and private bank cards — even these not denominated in U.S. {Dollars}. Automobile rental reductions with Avis and Finances. |
1 level per greenback spent on journey purchases within the CIBC Rewards Centre.
1 level for each $2 spent on different purchases. |
$0 introductory annual payment, then $35. |
| HSBC World Elite® Mastercard®^ | Earn as much as 80,000 bonus factors and an annual payment rebate.
For Quebec residents, the supply is as much as 110,000 bonus factors however no annual payment rebate. These gives finish Feb. 28, 2023. |
$100 annual journey credit score towards baggage charges, seat upgrades or airport lounge passes.
20,000 bonus factors in your account anniversary. |
6 factors per greenback on journey purchases (as much as $50,000 of those purchases per yr, then 3 factors per greenback).
3 factors per greenback on different purchases. Spending classes will change on Feb. 28, 2023, as follows:
|
$149. |
| Marriott Bonvoy® American Specific® Card^ | Earn 50,000 bonus Marriott Bonvoy factors after spending $1,500 on purchases inside the first three months of card membership. | Annual free night time award on every account anniversary, value as much as 35,000 factors.
Automated Silver Elite standing with Marriott Bonvoy. 15 elite night time credit in your account annually, serving to you attain Gold standing with simply 10 extra nights in Marriott inns annually. Attain Gold standing by spending $30,000 on purchases annually. |
5 factors per greenback spent at properties collaborating in Marriott Bonvoy.
2 factors per greenback on different purchases. |
$120. |
| MBNA Rewards Platinum Plus® Mastercard®^ | Earn 5,000 bonus factors after spending $500 or extra on purchases throughout the first 90 days from account opening and one other 5,000 factors after enrolling for paperless statements inside 90 days of account opening.
Earn as much as 10,000 extra bonus factors by receiving 4 factors per greenback on restaurant, grocery, digital media, membership and family utility purchases throughout your first yr. That is restricted to the primary $10,000 of mix purchases in these classes throughout the first 90 days from account opening, then 2 factors per greenback. |
Annual birthday bonus of 10% of the factors earned throughout the earlier 12 months (as much as a most of 10,000 bonus factors per yr).
Minimal of 10% low cost on Avis and Finances automotive leases in Canada and the U.S. (and a minimal of 5% off in different nations). Cellphone insurance coverage and prolonged guarantee safety. |
2 factors per greenback on restaurant, grocery, digital media, membership and family utility purchases.
1 level per greenback on different purchases. |
$0. |
| Nationwide Financial institution World Elite® Mastercard®^ | Earn as much as 60,000 bonus factors within the first yr. Obtain 30,000 factors after spending $5,000 on purchases inside three months of account opening and one other 10,000 factors in case you join Mastercard bank card fee insurance coverage for no less than three months. Obtain one other 20,000 bonus factors in your first account anniversary in case you spend at the least $12,000 on purchases throughout the first 12 months from account opening.
This supply ends Jan. 13, 2023. |
As much as $150 in refunds annually for journey bills in these classes: airport parking charges, baggage charges, seat choice charges, airport lounge passes and airline ticket upgrades.
Limitless entry to the Nationwide Financial institution VIP Lounge on the Montréal-Pierre Elliott Trudeau Worldwide Airport (YUL). |
5 factors per greenback on groceries and eating places (as much as $2,500 of those purchases monthly, then 2 factors per greenback).
2 factors per greenback on gasoline and EV charging, recurring invoice funds and À la carte Journey purchases from the rewards web site. 1 level per greenback on different purchases. |
$0 introductory annual payment, then $150. |
| RBC British Airways Visa Infinite^ | Obtain as much as 60,000 bonus Avios throughout your first yr. Get 15,000 Avios on account approval and one other 35,000 bonus Avios after spending $6,000 on purchases inside three months of account opening. Obtain one other 10,000 Avios in your account anniversary.
This supply ends on Feb. 28, 2023. |
Obtain a Companion Award eVoucher for annually wherein you spend $30,000 or extra on purchases. This permits for including a companion to an award reserving and pay solely the taxes and charges — accessible in any cabin and just for journey on British Airways.
Save 3 cents per liter on gasoline at Petro-Canada. Get a 12-month complimentary DashPass subscription with DoorDash. |
2 Avios per greenback spent on British Airways purchases.
1 Avios per greenback on different purchases. |
$165. |
| RBC Cathay Pacific Visa Platinum^ | Obtain as much as 40,000 bonus Asia Miles. Get 15,000 bonus miles on account opening and one other 25,000 miles after spending $7,000 on purchases inside three months of account opening. | Cathay Pacific Inexperienced membership, together with advantages like precedence check-in and unique gives.
Save 3 cents per liter on gasoline at Petro-Canada. Get a 12-month complimentary DashPass subscription with DoorDash. |
2 miles per greenback on Cathay Pacific purchases.
1.25 miles per greenback spent in foreign currency echange (based mostly on CAD equal) 1 mile per greenback spent in CAD. |
$120. |
| Rogers™ World Elite® Mastercard^ | Earn a $25 bonus after making your first buy inside three months of account opening. | Membership in Mastercard Journey Cross by DragonPass, with entry to member lounges at a price of $32 per go to.
Quite a few journey and insurance coverage protections, together with rental automotive collision/injury and prolonged guarantee safety. |
3% money again on purchases made in U.S. {Dollars}.
1.5% again on different purchases. |
$0. |
| Scotiabank Gold American Specific® Card^ | Earn as much as 45,000 bonus Scene+ factors throughout the first yr. Obtain 25,000 bonus factors after spending $1,000 on purchases inside three months of account opening. Obtain one other 20,000 bonus factors after spending $7,500 on purchases throughout the first yr from account opening.
This supply ends on April 30, 2023. |
Redeem factors at 1 cent apiece in opposition to journey purchases for as much as a yr after spending or redeem at 1 cent every within the journey portal.
Entry to Amex Provides. Discounted worth on buying a Precedence Cross membership. No overseas transaction charges. |
6 Scene+ factors per greenback at eligible grocery shops (contains most main manufacturers however topic to alter at any time).
5 factors per greenback at different grocery shops not included above. 5 factors per greenback on leisure purchases in Canada, together with motion pictures, theaters and ticket companies. 3 factors per greenback on gasoline and transit — together with ride-hailing apps. 3 factors per greenback on streaming companies in Canada. 1 level per greenback on different purchases. |
$0 introductory annual payment, then $120. |
| Scotiabank Passport® Visa Infinite Card^ | Earn as much as 40,000 bonus Scene+ factors within the first yr. Get 30,000 bonus factors by making at the least $1,000 in purchases inside three months of account opening. Obtain one other 10,000 bonus factors in your account anniversary after spending $40,000 on purchases throughout the yr.
This supply ends on April 30, 2023. |
Complimentary membership within the Visa Airport Companion Program, plus six complimentary lounge visits per yr
Redeem factors at 1 cent apiece in opposition to journey purchases for as much as a yr after spending or redeem at 1 cent every within the journey portal. Complimentary Avis Most popular Plus membership gives reductions and automotive upgrades. No overseas transaction charges. |
3 Scene+ factors per greenback spent at eligible grocery shops (contains most main manufacturers however topic to alter at any time).
2 factors per greenback on eating and different grocery shops not on the checklist above. 2 factors per greenback on leisure purchases in Canada, together with motion pictures, theaters and ticket companies. 2 factors per greenback on transit — together with ride-hailing apps. 1 level per greenback on different purchases. |
$150. |
| Scotiabank Platinum American Specific® Card^ | Earn as much as 70,000 bonus Scene+ factors. Obtain 50,000 bonus factors after spending $3,000 on purchases inside three months of account opening. Earn one other 20,000 bonus factors after spending $10,000 on purchases inside 14 months of account opening.
This supply ends Jan. 3, 2023. |
10 complimentary visits to Precedence Cross or Plaza Premium lounges annually.
Redeem factors at 1 cent apiece in opposition to journey purchases for as much as a yr after spending or redeem at 1 cent every within the journey portal. 24/7 entry to concierge companies to assist with issues like restaurant reservations and journey bookings. No overseas transaction charges. |
2 Scene+ factors on all purchases. | $399. |
| TD Enterprise Journey Visa Card^ | Earn as much as 150,000 bonus TD Rewards Factors and as much as $247 in annual payment rebates. Obtain 30,000 factors after your first buy and one other 60,000 factors after spending $5,000 on purchases inside three months of account opening. Earn 5,000 bonus factors every month wherein you spend $2,500 on purchases — legitimate for the primary 12 months from account opening. Additionally obtain an annual payment rebate for the first cardholder and as much as two extra cardholders throughout the first yr.
This supply ends Jan. 3, 2023. |
Earn 50% extra stars and rewards factors on Starbucks purchases. Plus, redeem your TD Rewards for Starbucks stars.
Minimal of 10% low cost on Avis and Finances automotive leases in Canada and the U.S. (and a minimal of 5% off in different nations). Quite a few journey protections defend in opposition to issues like cancellations, automotive rental injury and misplaced baggage. |
9 TD Rewards factors when reserving journey by way of ExpediaForTD.com.
6 factors per greenback at eating places, recurring invoice funds and purchases made in foreign currency echange. 2 factors per greenback spent on different purchases. |
$149. |
| TD First Class Journey® Visa Infinite Card^ | Earn as much as 145,000 bonus TD Rewards factors plus waived annual charges throughout the first yr. Get 20,000 bonus factors after making your first buy inside three months of account opening and one other 115,000 factors after spending $5,000 on purchases inside 180 days of account opening. Obtain a birthday bonus of as much as 10,000 bonus factors (equal to 10% of the factors earned within the earlier yr, as much as 10,000 factors most).
This supply ends Might 28, 2023. |
Obtain a TD Journey Credit score of $100 while you e-book at Expedia for TD, accessible annually.
10% factors birthday bonus of as much as 10,000 factors. Minimal of 10% low cost on Avis and Finances automotive leases in Canada and the U.S. (and a minimal of 5% off in different nations). Entry to the Visa Infinite Luxurious Lodge Assortment. 24/7 entry to concierge companies to assist with issues like restaurant reservations and journey bookings. Quite a few journey protections defend in opposition to issues like cancellations, automotive rental injury and misplaced baggage. |
8 TD Rewards factors per greenback on purchases from Expedia for TD.
6 factors per greenback on groceries and at eating places. 4 factors per greenback on recurring invoice funds. 2 factors per greenback on different purchases. |
$139. |
| TD® Aeroplan® Visa Infinite Privilege Credit score Card^ | Earn as much as 105,000 Aeroplan factors throughout the first yr. Get 20,000 factors after making your first buy inside 90 days of account opening. Obtain one other 30,000 factors after spending $3,000 inside 90 days of account opening. Plus, obtain 55,000 bonus factors after spending $12,000 inside 12 months of account opening.
This supply ends Jan. 3, 2023. |
Complimentary entry to Air Canada Café and Maple Leafe Lounge areas in Canada and the U.S. when you will have a same-day ticket on Air Canada or a Star Alliance associate.
As much as $100 in Nexus utility payment rebates — accessible each 4 years. Precedence airport companies embrace precedence boarding, precedence baggage dealing with and precedence upgrades. Annual companion move of $99 (plus taxes and charges) legitimate for economy-class flights with Air Canada or its subsidiaries. Obtain this profit after spending $25,000 on purchases throughout your cardmember yr. Earn 50% extra stars and Aeroplan factors when utilizing your card at collaborating Starbucks areas. |
2 Aeroplan factors on purchases from Air Canada and Air Canada Holidays.
1.5 factors per greenback on gasoline, groceries, journey and eating purchases. 1.25 factors per greenback on different purchases. |
$599. |
| TD® Aeroplan® Visa Infinite Card^ | Earn as much as 55,000 bonus Aeroplan factors. Get 10,000 factors after making your first buy inside 90 days of account opening and one other 20,000 factors after spending $1,500 on purchases inside 90 days of account opening. Earn one other 20,000 bonus factors after spending $7,500 on purchases inside 12 months of account opening. Plus, get pleasure from no annual payment throughout the first yr.
This supply ends Jan. 4, 2023. |
Free first checked bag for you and as much as eight companions on the identical reservation when flying with Air Canada.
Earn 1,000 Standing Qualifying Miles and 1 Standing Qualifying Phase towards Aeroplan standing for every $10,000 of purchases made on the cardboard. As much as $100 in Nexus utility payment credit — accessible each 4 years. Earn 50% extra stars and Aeroplan factors when utilizing your card at collaborating Starbucks areas. |
1.5 Aeroplan factors per greenback spent with Air Canada and Air Canada Holidays.
1.5 factors per greenback on gasoline and grocery purchases. 1 level per greenback on different purchases. |
$139. |
| The Platinum Card®^ | Earn 60,000 bonus Membership Rewards factors after spending $6,000 on purchases inside the first three months of cardmembership. Earn one other 20,000 bonus factors after making a purchase order between 14 and 17 months of cardmembership. | $200 annual journey credit score towards any buy from Amex Journey on-line or Platinum Card journey companies — legitimate on purchases of $200 or extra.
As much as $100 in assertion credit for Nexus utility or renewal charges. American Specific World Lounge Assortment gives entry to the next: American Specific Centurion lounges, Delta Sky Membership lounges, Precedence Cross Choose lounges, Plaza Premium lounges and other World Lounge Assortment associate lounges. Entry to High-quality Resorts + Resorts. No preset spending restrict. Complimentary elite standing with resort applications: Marriott Bonvoy Gold Elite standing, Hilton Honors Gold standing and Radisson Rewards Americas Gold standing. Reductions and elite standing with Hertz and Avis automotive rental applications. Entry to Amex Provides and Amex Journey bookings. Some advantages require enrollment upfront. |
3 factors per greenback on eating and meals supply purchases in Canada.
2 factors per greenback on journey. 1 level per greenback on different purchases. |
$699. |
| The RBC Avion Visa Infinite Enterprise^ | Obtain 25,000 bonus factors mechanically in your first billing assertion. | Visa Airport Companion Program membership gives discounted lounge entry charges of $32 per go to.
Save 3 cents per liter on gasoline at Petro-Canada. Obtain 30% off leases with Hertz and earn triple rewards factors (so 3.75 or 3, relying on whether or not you have handed the $75,000 spending threshold that yr). Get a 12-month complimentary DashPass subscription with DoorDash. |
1.25 Avion factors for each spent (on as much as $75,000 of purchases per yr, then 1 level per greenback). | $175. |
| WestJet RBC World Elite Mastercard^ | Get 250 WestJet {dollars} after your first buy and one other 200 WestJet {dollars} after spending $5,000 on purchases and establishing pre-authorized invoice fee transactions inside the first three months from account opening. | Speed up your WestJet Rewards standing with Standing Elevate. Earn $500 in tier-qualifying spend for each $15,000 in purchases in your card (as much as a most of $1,500 in tier-qualifying spend in a qualifying yr).
Obtain a companion voucher yearly, legitimate for journey on WestJet premium economic system and economic system fares. Pay taxes and charges plus a companion fare beginning at $119. Free first checked bag on WestJet flights — legitimate for the cardholder and as much as eight companions on the identical reservation. Save 3 cents per liter on gasoline at Petro-Canada. Get a 12-month complimentary DashPass subscription with DoorDash. Free Wi-Fi at Boingo hotspots or when utilizing WestJet Join on a flight. |
2% again in WestJet {dollars} on flight or trip packages bought from WestJet.
1.5% again in WestJet {dollars} on different purchases. |
$119. |
^ The knowledge for these playing cards has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
# The figures within the desk above and within the discussions beneath are quoted in Canadian {Dollars} (CAD).
Particulars on the most effective journey bank cards in Canada
American Specific Cobalt Card
Present welcome supply: Earn as much as 30,000 bonus factors throughout your first yr as a cardmember by incomes 2,500 bonus factors for every billing interval wherein you spend $500 or extra on purchases.
Annual payment: No annual payment however a month-to-month payment of $12.99.
Why we prefer it: Cardmembers can earn priceless Membership Rewards factors, which may be redeemed with airline applications like Air Canada Aeroplan and Air France-KLM Flying Blue and resort applications Hilton Honors and Marriott Bonvoy. Moreover, you may entry a number of American Specific advantages like Amex Provides and The Lodge Assortment with out the upper charges hooked up to premium bank cards.
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American Specific Aeroplan Card
Present welcome supply: Earn as much as 50,000 bonus Aeroplan factors. Earn 35,000 factors after spending $3,000 or extra on purchases inside the first six months of cardmembership. Plus, earn 2,5000 bonus factors for every billing interval wherein you spend $500 or extra on purchases throughout the first six months of cardmembership.
Annual payment: $120.
Why we prefer it: A free checked bag for 10 folks (you and as much as 9 companions) may simply value greater than $120, so utilizing this perk annually may simply justify the annual payment. Moreover, these pursuing Aeroplan elite standing can speed up by way of progress by spending on the Amex Aeroplan card. Cardmembers additionally get entry to priceless American Specific perks.
American Specific Aeroplan Reserve Card
Present welcome supply: Earn as much as 85,000 bonus Aeroplan factors. Cardmembers can earn 55,000 bonus factors after spending $6,000 in purchases within the first six months of cardmembership. Plus, earn 5,000 bonus factors for every month-to-month billing interval wherein you spend $1,000 or extra on purchases throughout the first six months of cardmembership.
Annual payment: $599.
Why we prefer it: These on the lookout for premium perks with Air Canada can discover them within the Amex Aeroplan Reserve card. Advantages like lounge entry, precedence check-in and precedence boarding are complemented by reimbursement for utility and renewal charges to Nexus. There are extra perks with the Rocky Mountaineer, akin to bonus incomes charges, seat upgrades and even room upgrades on practice packages that embrace a resort. There’s additionally the flexibility to earn a companion move for somebody to affix you on an economic system ticket flying with Air Canada or its subsidiaries, however you will have to spend $25,000 in your card to earn this profit.
BMO AIR MILES World Elite Mastercard
Present welcome supply: Earn 2,000 bonus Air Miles after spending $3,000 on purchases inside the first three months from account opening. Plus, the annual payment might be waived throughout the first yr. This supply ends July 31, 2023.
Annual payment: $120.
Why we prefer it: These on the lookout for a card with a average annual payment and factors that may be redeemed in myriad methods have discovered that mixture within the BMO Air Miles card. Plus, in case you apply earlier than July 31, 2023, the annual payment in your card might be waived throughout the first yr.
BMO Ascend World Elite Mastercard
Present welcome supply: Earn as much as 60,000 bonus factors. Get 30,000 bonus factors after spending $3,000 on purchases throughout the first three months after account opening. Additionally, earn 2,500 bonus factors throughout every month wherein you make at the least $2,000 in purchases in your card — legitimate for 12 months after the introductory three-month interval.
Annual payment: $0 introductory annual payment, then $150.
Why we prefer it: Incomes charges are robust, providing 5 factors per greenback on a broad journey class and three factors per greenback on eating, leisure and recurring invoice funds — classes wherein many individuals spend usually. Moreover, there are premium insurance coverage perks to assist in case one thing goes improper throughout your journey, and you may additionally get 4 free visits per yr to airline lounges. The factors your earn are versatile, permitting you to redeem factors in opposition to a variety of journey purchases or redeem your factors for a deposit right into a BMO financial savings or funding account.
BMO CashBack World Elite Mastercard
Present welcome supply: Rise up to 10% money again in your first three months from account opening and a waived annual payment throughout the first yr. The ten% again price applies to the next limits: $500 on groceries, $300 on transit, $300 on gasoline and EV charging, $500 on recurring invoice funds and as much as $1,000 on different purchases. This supply ends July 31, 2023.
Annual payment: $0 introductory annual payment, then $120.
Why we prefer it: Not every part may be paid for with frequent flyer miles; utilizing a cash-back rewards card can assist you offset purchases the place you may pay with factors and miles. With an annual payment waived throughout the first yr and robust incomes charges in frequent spending classes, this could be a nice card to spherical out your incomes and your redeeming.
BMO eclipse Visa Infinite Card
Present welcome supply: Earn as much as 60,000 bonus factors and loved a waived annual payment throughout the first yr. Get 30,000 bonus factors after spending $3,000 on purchases inside the first three months from account opening. Obtain an extra 2,500 bonus factors for every subsequent month wherein you make at the least $2,000 in purchases — legitimate for the subsequent 12 months.
Annual payment: $0 introductory annual payment, then $120.
Why we prefer it: Incomes 5 factors per greenback on groceries, gasoline transit, eating out and ordering in is sort of the mix. However you may increase your earnings to five.5 factors per greenback by including a certified person to your account. Bonus incomes charges will apply to purchases made by each the first account holder and the licensed person, that means your rewards pile up even sooner.
Enterprise Platinum Card from American Specific
Present welcome supply: Earn 80,000 bonus Membership Rewards factors after spending $6,000 on purchases inside the first three months of cardmembership.
Annual payment: $499.
Why we prefer it: The Canadian model of the Amex Enterprise Platinum Card gives quite a few perks and is among the greatest journey bank cards in Canada concerning enterprise spending and enterprise journey. Together with entry to quite a few airport lounges, you will get elite standing with rental automotive applications and Marriott Bonvoy for resort stays in addition to premium journey perks at Toronto Pearson Worldwide Airport (YYZ). That is on high of the cardboard having no preset spending restrict, that means it adapts to your buying and fee behaviors, which may be nice for companies that spend some huge cash on the cardboard.
CIBC Aeroplan Visa Card
Present welcome supply: Earn 10,000 bonus Aeroplan factors after making your first buy on the cardboard.
Annual payment: $0.
Why we prefer it: There is no annual payment, however cardholders earn rewards with Canada’s greatest airline loyalty program. Different perks embrace entry to award flight offers unique to Aeroplan bank card holders and reductions on gasoline, which may be extraordinarily priceless for many who spend so much on gasoline.
CIBC Aventura Visa Infinite Privilege Card
Present welcome supply: Earn as much as 80,000 bonus Aventura factors throughout the first yr. Get 50,000 bonus factors after spending $3,000 on purchases within the first 4 month-to-month billing durations. Get an extra 30,000 bonus factors as an account anniversary bonus for maintaining your account open the second yr.
Annual payment: $499.
Why we prefer it: These on the lookout for versatile journey perks have a high quality mixture of those advantages within the CIBC Aventure Visa Infinite card. The $499 annual payment is offset by $200 in journey credit accessible annually, as much as $100 in Nexus payment credit accessible each 4 years and 6 complimentary airport lounge visits per yr. Different perks embrace financial savings on gasoline purchases and reductions on rental vehicles; these perks may be extraordinarily priceless for many who use them typically to avoid wasting lots of or hundreds of {dollars} a yr. Plus, you earn Aventura factors, which you should use on flights at no cost (or closely discounted) journey.
CIBC U.S. Greenback Aventura Gold Visa Card
Present welcome supply: Rise up to 10,000 bonus Aventura factors. Earn 7,500 bonus factors after your buy and one other 2,500 factors after finishing 5 actions inside 60 days of account opening: Share your e-mail handle with CIBC, join digital statements, add a certified person to your account, have a CIBC checking account and add your card to an eligible cellular pockets.
Annual payment: $35.
Why we prefer it: Canadians who often journey to the U.S. or store with U.S. retailers will love a card that avoids foreign money conversion and overseas alternate charges on purchases. There’s a modest welcome bonus and a modest annual payment beginning within the second yr for the CIBC U.S. Greenback Aventura card. Plus, Aventura factors can be utilized to pay for flights and may be moved between your Aventura-earning accounts to assist you to add as much as the factors wanted to your subsequent redemption.
HSBC World Elite Mastercard
Present welcome supply: Earn as much as 80,000 bonus factors plus an annual payment rebate throughout the first yr. Obtain 20,000 bonus factors on account opening and one other 40,000 bonus factors after spending $6,000 inside 180 days of account opening. Obtain one other 20,000 bonus factors in your account anniversary.
There’s a completely different supply for Quebec residents: Earn as much as 110,000 bonus factors throughout the first yr. Obtain 20,000 bonus factors on account opening and one other 70,000 bonus factors after you retain your account open and energetic for 180 days. Then, obtain one other 20,000 factors in your account anniversary.
Annual payment: $149.
Why we prefer it: Factors are value 0.5 cents every and may be redeemed in opposition to any journey purchases in your card, offering nice flexibility. The annual $100 journey credit score gives worth in opposition to incidental bills throughout your journey, and the anniversary bonus factors are value $100. These advantages simply present optimistic worth over the annual payment on the cardboard.
Marriott Bonvoy American Specific Card
Present welcome supply: Earn 50,000 bonus Marriott Bonvoy factors after spending $1,500 on purchases inside the first three months of cardmembership.
Annual payment: $120.
Why we prefer it: Marriott Bonvoy. has a world footprint, so incomes factors with this resort program can assist you earn free nights at inns in your subsequent journey. It must be simple to get greater than $120 in worth out of your annual free night time award (value as much as 35,000 factors), plus the cardboard has built-in perks that can assist you attain increased standing tiers with Marriott Bonvoy if you’d like extra perks throughout resort stays.
MBNA Rewards Platinum Plus Mastercard
Present welcome supply: Earn 5,000 bonus factors after spending $500 or extra on purchases throughout the first 90 days from account opening and one other 5,000 factors after enrolling for paperless statements inside 90 days of account opening.
Plus, earn as much as 10,000 extra bonus factors by receiving 4 factors per greenback on restaurant, grocery, digital media, membership and family utility purchases throughout your first yr. That is restricted to the primary $10,000 of mixed purchases in these classes throughout the first 90 days from account opening, then 2 factors per greenback.
Annual payment: $0.
Why we prefer it: The MBNA Rewards Platinum card has no annual payment however gives reductions on automotive leases. When you lease vehicles typically, it could possibly be value holding this card only for that perk and for the anniversary bonus factors annually.
Nationwide Financial institution World Elite Mastercard
Present welcome supply: Earn as much as 60,000 bonus factors within the first yr. Obtain 30,000 factors after spending $5,000 on purchases inside three months of account opening and one other 10,000 factors in case you join Mastercard bank card fee insurance coverage for no less than three months. Obtain one other 20,000 bonus factors in your first account anniversary in case you spend at the least $12,000 on purchases throughout the first 12 months from account opening. This supply ends Jan. 13, 2023.
Annual payment: $0 introductory annual payment, then $150.
Why we prefer it: The Nationwide Financial institution World Elite Mastercard gives as much as $150 in annual journey credit, which is identical greenback quantity because the annual payment. Which means all different perks and factors present optimistic worth, akin to lounge entry, factors on purchases and the welcome supply throughout the first yr.
RBC British Airways Visa Infinite
Present welcome supply: Obtain as much as 60,000 bonus Avios throughout your first yr. Get 15,000 Avios on account approval and one other 35,000 bonus Avios after spending $6,000 on purchases inside three months of account opening. Obtain one other 10,000 Avios in your account anniversary. This supply ends Feb. 28, 2023.
Annual payment: $165.
Why we prefer it: The incomes construction on this card is not nice, however the companion award can present unbelievable worth when redeeming Avios and bringing a companion together with you. You may pay the taxes and charges on this ticket (which may be hefty), however you will not pay any Avios for this individual to affix you. That is legitimate on British Airways flights solely and might present severe worth in enterprise or first-class.
RBC Cathay Pacific Visa Platinum
Present welcome supply: Obtain as much as 40,000 bonus Asia Miles. Get 15,000 bonus miles on account opening and one other 25,000 miles after spending $7,000 on purchases inside three months of account opening.
Annual payment: $120.
Why we prefer it: That is the one bank card in Canada that earns Asia Miles straight. Asia Miles (the rewards program of Cathay Pacific) has some unbelievable candy spots for redemptions with its Oneworld alliance companions. The RBC Cathay Pacific card comes with a average annual payment and perks that may prevent cash on gasoline and meals supply whereas incomes Asia Miles on purchases.
Rogers World Elite Mastercard
Present welcome supply: Earn a $25 bonus after making your first buy inside three months of account opening.
Annual payment: $0.
Why we prefer it: For a card with no annual payment, the Rogers World Elite Mastercard gives quite a few buying and journey protections. If you do not have these on one other bank card, placing purchases on this card to guard your belongings and your holidays could possibly be a sensible transfer — particularly because it prices you nothing to maintain this card in your pockets.
Scotiabank Gold American Specific Card
Present welcome supply: Earn as much as 45,000 bonus Scene+ factors throughout the first yr. Obtain 25,000 bonus factors after spending $1,000 on purchases inside three months of account opening. Obtain one other 20,000 bonus factors after spending $7,500 on purchases throughout the first yr from account opening. This supply ends April 30, 2023.
Annual payment: $0 introductory annual payment, then $120.
Why we prefer it: The Scotiabank Gold Amex has a high quality incomes construction, incomes as much as a 6% return on grocery purchases and 5% return on leisure. Factors may be redeemed for previous journey purchases as much as a yr after the actual fact or to pay for journey bookings within the rewards middle, and there are not any overseas transaction charges on purchases made outdoors Canada.
Scotiabank Passport Visa Infinite Card
Present welcome supply: Earn as much as 40,000 bonus Scene+ factors within the first yr. Get 30,000 bonus factors by making at the least $1,000 in purchases inside three months of account opening. Obtain one other 10,000 bonus factors in your account anniversary after spending $40,000 on purchases throughout the yr. This supply ends April 30, 2023.
Annual payment: $150.
Why we prefer it: The incomes construction is not overly thrilling, however the $150 annual payment may be offset simply by the worth acquired from six complimentary lounge visits and automotive rental privileges. When you use these often, discovering worth within the Scotiabank Passport Visa may be simple. Those that do not lease vehicles typically might wrestle to justify the $150 annual payment.
Scotiabank Platinum American Specific Card
Present welcome supply: Earn as much as 70,000 bonus Scene+ factors. Obtain 50,000 bonus factors after spending $3,000 on purchases inside three months of account opening. Earn one other 20,000 bonus factors after spending $10,000 on purchases inside 14 months of account opening. This supply ends Jan. 3, 2023.
Annual payment: $399.
Why we prefer it: The Scotiabank Platinum Amex gives nice journey advantages with no need to trace bonus classes on spending. You may earn 2 factors per greenback on all purchases and never needing to trace rewards applications is a bonus for individuals who need simplicity from their bank cards.
TD Enterprise Journey Visa Card
Present welcome supply: Earn as much as 150,000 bonus TD Rewards Factors and as much as $247 in annual payment rebates. Obtain 30,000 factors after your first buy and one other 60,000 factors after spending $5,000 on purchases inside three months of account opening. Earn 5,000 bonus factors every month wherein you spend $2,500 on purchases — legitimate for the primary 12 months from account opening. Additionally obtain an annual payment rebate for the first cardholder and as much as two extra cardholders throughout the first yr. This supply ends Jan. 3, 2023.
Annual payment: $149.
Why we prefer it: Cardholders can redeem factors in opposition to journey purchases or for bookings with Expedia for TD or redeem factors as an announcement credit score, offering flexibility after incomes factors in some fascinating bonus classes. For companies with journey bills or buying items in different currencies, this card can assist you rack up many factors.
TD First Class Journey Visa Infinite Card
Present welcome supply: Earn as much as 145,000 bonus TD Rewards factors plus waived annual charges throughout the first yr. Get 20,000 bonus factors after making your first buy inside three months of account opening and one other 115,000 factors after spending $5,000 on purchases inside 180 days of account opening. Obtain a birthday bonus of as much as 10,000 bonus factors (equal to 10% of the factors earned within the earlier yr, as much as 10,000 factors most). This supply ends Might 28, 2023.
Annual payment: $139.
Why we prefer it: The TD First Class Visa gives a variety of journey protections to assist in case you encounter issues throughout a visit, so making journey purchases on this card could possibly be a sensible concept. The cardboard has a strong incomes construction, automotive rental reductions and straightforward paths to offset the annual payment by way of journey credit and birthday bonus factors.
TD Aeroplan Visa Infinite Privilege Credit score Card
Present welcome supply: Earn as much as 105,000 Aeroplan factors throughout the first yr. Get 20,000 factors after making your first buy inside 90 days of account opening. Obtain one other 30,000 factors after spending $3,000 inside 90 days of account opening. Plus, obtain 55,000 bonus factors after spending $12,000 inside 12 months of account opening. This supply ends Jan. 3, 2023.
Annual payment: $599.
Why we prefer it: Common flyers with Air Canada and its Star Alliance companions who need premium perks throughout their journeys will discover them within the TD Aeroplan Visa Infinite Privilege card. You may get entry to Maple Leaf lounges, precedence advantages on the airport that can assist you keep away from traces and reimbursement for Nexus utility charges. Plus, you may earn a companion fare after spending $25,000 on purchases throughout your cardmember account yr. This perk may be extraordinarily priceless when bringing a companion on a flight for simply $99 plus taxes and charges.
TD Aeroplan Visa Infinite Card
Present welcome supply: Earn as much as 55,000 bonus Aeroplan factors. Get 10,000 factors after making your first buy inside 90 days of account opening and one other 20,000 factors after spending $1,500 on purchases inside 90 days of account opening. Earn one other 20,000 bonus factors after spending $7,500 on purchases inside 12 months of account opening. Plus, get pleasure from no annual payment throughout the first yr. This supply ends Jan. 4, 2023.
Annual payment: $139.
Why we prefer it: Avoiding checked baggage charges is a key perk for vacationers, and you will find that on the TD Aeroplan Visa Infinite. There is a modest annual payment of $139, however you might save greater than that on checked bag charges for you and your companions annually. You too can obtain reimbursement to your Nexus utility payment, offering additional worth.
The Platinum Card
Present welcome supply: Earn 60,000 bonus Membership Rewards factors after spending $6,000 on purchases inside the first three months of card membership. Earn one other 20,000 bonus factors after making a purchase order between 14 and 17 months of card membership.
Annual payment: $699.
Why we prefer it: These on the lookout for a premium journey expertise ought to look no additional. The Canadian model of The Platinum Card is well the most effective journey bank cards in Canada for its many advantages. They contains lounge entry, Nexus payment reimbursement, as much as $200 in journey credit and elite standing with three completely different resort applications. You may additionally earn Membership Rewards factors, which you should use with a number of airline and resort loyalty applications.
The RBC Avion Visa Infinite Enterprise
Present welcome supply: Obtain 25,000 bonus factors mechanically in your first billing assertion.
Annual payment: $175.
Why we prefer it: Factors may be redeemed at a flat price of 1 cent per level to pay for purchases, so that you by no means have to fret about whether or not you are getting good worth in your redemptions. Redeem factors for assertion credit score, pay for in-store purchases or pay for journey. You may attain even higher worth by transferring factors to WestJet Rewards, American Airways AAdvantage, British Airways Government Membership and Asia Miles since these transfers can be found by way of the Avion Elite standing provided to cardholders. Transfers are at a 1-to-1 ratio, aside from American Airways; this switch has a 1-to-0.7 switch ratio.
WestJet RBC World Elite Mastercard
Present welcome supply: Get 250 WestJet {dollars} after your first buy and one other 200 WestJet {dollars} after spending $5,000 on purchases and establishing pre-authorized invoice fee transactions inside the first three months from account opening.
Annual payment: $119.
Why we prefer it: It is a nice card for followers of Canada’s second-largest airline. The companion move can present nice financial savings, relying on how you utilize it. Plus, the free Wi-Fi profit from Boingo can present financial savings to those that use public Wi-Fi and want to make use of greater than their free allowance.
Backside line
Whether or not you are on the lookout for a card with premium perks or no annual payment, there must be one thing for everybody as you evaluation the highest journey bank cards in Canada.
From the chart above and the explanation why we like every of those playing cards, search for playing cards that provide the advantages you need whereas charging an annual payment acceptable to you. It is also value on the lookout for playing cards that earn bonus factors or additional money again in classes the place you spend usually. When you discover a card (or playing cards) to match your journey type, journey targets and spending habits, learn the main points earlier than making use of.
Additionally, make sure you perceive the right way to earn the welcome bonus since you do not need to lose out on that.
Extra reporting by Nancy Carr.
