2024 Best Travel Credit Cards In Canada

There are several great travel credit cards available in Canada, each with its own unique set of benefits and rewards. Here are a few of the best options to consider:

Overall credit card usage rebounded in 2021, with a six percent increase in volume and a five percent increase in value from last year. As per Payments Canada, the number of credit cards in circulation increased by two percent to 94.8 million compared to 2020. Credit cards remained the most used payment instrument and accounted for the bulk of card value overall.

These are some of the benefits provided by best travel credit cards

• Lounge Access
• No Foreign Transaction/FX Fees
• Nexus Fee Rebate
• Insurances
• Good Rewards Earning Rate and Categories

1. TD Aeroplan Visa Infinite Card: This card offers an excellent rewards program for Aeroplan miles, which can be redeemed for flights, hotel stays, and other travel-related expenses. Additionally, Earn upto  $1,200 in value^{^} including up to 40,000 Aeroplan points¹ and no Annual Fee for the first year¹. Conditions Apply. Account must be approved by March 4, 2024.
2. American Express Platinum Card: This card offers a range of luxury travel benefits, including lounge access, hotel upgrades, and exclusive travel offers. New Platinum^® Cardmembers, earn 70,000 Welcome Bonus points after you charge $10,000 in net purchases to your Card in your first three months of Cardmembership.That’s $700 towards your next flight + Additional 30,000 points when you purchase between 14 and 17 months of Cardmembership. That’s $300 towards dinner out.
3. CIBC Aeroplan Visa Infinite Privilege Card: This card offers a great rewards program for Aeroplan miles, as well as exclusive benefits like airport lounge access and a personal concierge service. Cardholders also receive a sign-up bonus of 50,000 Aeroplan points (up to $1,000 in travel value) and access to a range of travel insurance benefits.
4. Scotiabank Passport Visa Infinite Card: This card offers a flexible rewards program that allows cardholders to redeem points for travel, merchandise, and more. Additionally, cardholders can earn up to $1,300* in value in the first 12 months, including up to 40,000 bonus Scene+ points and first-year annual fee waived. You will not be charged a Foreign Currency Conversion mark-up on foreign currency purchases whether you make them online or outside of Canada. Only the exchange rate applies.
5. BMO Ascend World Elite Mastercard: This card offers a flexible rewards program and a range of premium travel benefits, including airport lounge access and comprehensive travel insurance coverage. Cardholders also receive a sign-up bonus of up to 60,000 points and the annual fee is waived in the first year for both the primary cardholder and authorized users. Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges.

How These Cards are selected: Based on Research and evaluation of the benefits and features offered by these Cars. Personal experience of using some of these cards has also been used.

• Based on Personal Experience
• Annual Card Fees
• Foreign Transaction/FX Fees
• Insurance Coverage
• Domestic and International Acceptance
• Lounge Access
• Rewards earning rate
• Bonus Points
• User Experience
• Nexus Rebate

It’s important to note that these cards may have annual fees and other costs associated with them, so it’s a good idea to carefully compare the benefits and rewards offered by each card before and choose the card as per your need and usage.

Also Read: How to Save Bank Fees in Canada