

Canada’s Best Travel Credit Cards for Big Savings on your Next Vacation
This post may contain affiliate links, which means we may receive a commission, at no extra cost to you, if you make a purchase through a link. Please see our full disclosure for further information.Every year, I look forward to going on a big trip with my daughter. That’s why I always start working on getting the best credit card for travel rewards for our next vacation. As a frequent traveler, there are 2 things I always have my eye out for: the best travel cards and the best ways to earn free flights.
Traveling isn’t cheap, especially nowadays, as nearly every government charges an airport tax and resort fees. To save money, credit cards can come in handy. But which credit card should you get? With so many promising offers on the market, deciding which one is best for your budget and travel needs can be difficult.
If you’re planning on taking a vacation, it’s time to start planning your travel routes. And if you’re looking for some extra points, you might want to think about your choice in credit card. Luckily for you, I’ve got the best travel credit cards right here! I’ve rounded up the best travel credit cards, based on category and rewards, so that you can choose the right one.
8 BEST TRAVEL CREDIT CARDS FOR BIG SAVINGS ON YOUR NEXT VACATION
- Travel insurance for up to 60 days
- Unlimited access along with one (1) guest to the National Bank Lounge. Only available to clients flying to destinations outside the U.S. and Canada.
- Up to $5 million in coverage for out-of-province medical expenses per person
- Insurance for a rental car for up to 48 days
- Insurance against flight delays, up to 500$
- insurance for delayed baggage of up to 500$
- Insurance coverage for lost or stolen luggage up to 1 000$
- Insurance against trip interruption
- Insurance against trip cancellation (up to 2 500$)
- Purchase insurance (up to 180 days)
- More extended warranty (up to 2 extra years)
- Up to 250$ each year in “savvy traveller” fee rebates on airport parking, seat selection and check-in fees
- Annual fee of 150$, an additional card for 50$
- Purchase rate of 20.99%, and a cash advance rate of 22.49%.
Promotion
A big promotion is now being offered by National Bank from October 3, 2022 until June 30th, 2023. For a limited time, when you sign up before June 30th, 2023, World Elite Mastercard gives you 70,000 rewards points, which are worth $1,750 the first year when you reach the minimum purchase requirement.
- Dedicated online store – Redeem your points for various prizes from renowned brands.
- Comprehensive travel insurance – Their travel, trip cancellation/interruption, luggage loss, and automobile rental insurance offers coverage for up to 60 days.
- A travel agency – When you use your points to purchase travel rewards, you get more for your money.
- Extended warranty – You can get up to 3 times the manufacturer’s guarantee and up to 2 additional years for most things you buy with your credit card.
- Rewards that pay off – Use your rewards points or à la carte Extras program® to pay off your credit card bill, invest in a financial product or cover your mortgage.
- Travel discounts – Spend your points on airfare, auto rentals, or holiday rentals to cover your travel costs.
- Annual fee of 115$, an additional card for 35$
- Purchase rate of 20.99%, and a cash advance rate of 22.49%.
- No minimum income is necessary. Regardless of your yearly income, a personalized rewards card is available. This is a quick and easy method to improve your credit.
- Obtain up to 2 points per dollar spent. With each purchase made with this card, you will earn points. You can exchange them to get deals, and goods from your preferred brands.
- Travel protection. Get up to 10 days of coverage which includes trip interruption or cancellation insurance for your out-of-province travels.
- Extension of your product warranty. For your new purchases made with credit cards, receive an additional 2 years of protection.
- Annual fee of 70$. Additional card for 35$
- Purchase rate of 20.99%, and a cash advance rate of 22.49%.


- Receive 20,000 bonus points when you spend 5 000$ in your first 6 months and 35,000 welcome points upon approval. Apply by September 16, 2022
- For each 1$ spent, earn one RBC Rewards point.
- No seat limits or blackout dates ever!
- Annual fee of 120$. 50$ for additional card
- Purchase rate of 19.99%, and a cash advance rate of 22.99%


- Monthly fee of 12.99$
- Annual interest rate of 20.99% on purchases, and 21.99% on funds advances.
- No fee for additional cards


- When you make your first purchase, you’ll receive 20,000 Aventura points.
- When you spend 1 000$ in your first year, you’ll earn 15,000 Aventura points.
- For each dollar spent on CIBC travel, make two points.
- Earn 1.5 points for each dollar spent on gas, groceries, and prescription drugs.
- For every 1$ spent on any other purchases, receive one point.
- Four free visits per year and membership in Priority Pass or Drag onPass
- 139$ annual price. 50$ for each additional card
- Interest rate (purchases) 20.99%
- Interest rate (cash) 22.99%, 21.99%18 (for Quebec residents)


- Priority Pricing. You can book flight rewards for even fewer points if you have a primary CIBC Aeroplan card. It is a significant advantage because it will raise the value of your Aeroplan points compared to non-cardholders.
- Obtain twice the points. By using your CIBC Aeroplan Visa Card at the Aeroplan eStore, you can obtain points from your other credit cards and points from their 150+ partner stores.
- Travel & Purchase Insurance:
- Collision and loss damage insurance for rented cars
- Insurance for Common Carriers Accidents
- Obtain Security
- Extra Security Insurance
- 0$ annual fee for up to 3 additional cards
- Purchase interest rate 20.99%
- Cash interest rate: Qc 21.99% , Non-Qc 22.99%


- 120$ annual fee
- Interest rates- (19.99% on purchase, 22.99% on cash advances)
- Minimum credit limit – $5,000
- Each supplementary card – 29$/year
Marysa
This is an awesome strategy for saving on vacations! I wasn’t familiar with these, and it is always nice to have some ways to save.
Linhy Banh
Exactly! There are many ways to save that not everyone knows!
Clarice
This is helpful. I did not realize that I am missing so much by just using my regular CC. Will get in touch with my bank to see if I can get a more travel-friendly card. Thank you for sharing this.
Linhy Banh
Sure! They have many benefits!
Aliya
I’ve never been to Canada but these cards sound amazing. Thanks for sharing.
Linhy Banh
You are welcome! You can also find similar cards with the same benefits in your country!
Akyn FullHouse
Great way to save money to travel. Very informative post to be financially wise in choosing a credit card that best suits for each one’s needs.
Linhy Banh
Thank you! Glad you liked this post!
Julie
Great info! Thanks for sharing!
Linhy Banh
You’re welcome!
Rachel
Wow, I had no idea about all these insurances and protections available!
Linhy Banh
There are so many great benefits most don’t know about! Happy to share with you!