Top 10 Travel Credit Cards in Canada

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Travel becomes more rewarding when your card matches how you spend and redeem, helping you save on fees, stack perks, and turn purchases into your next trip.

How to Choose the Right Travel Credit Card

• Choose cards that offer higher points on travel, dining, and groceries to maximize rewards faster
• Make sure the card provides coverage for medical emergencies, trip cancellations or interruptions, and lost or delayed luggage
• Prefer cards that do not charge fees on international purchases so more of your money goes toward travel
• Ensure the benefits and rewards of the card outweigh the annual fee to make it worthwhile
• Pick cards that allow easy redemption for flights, hotels, transfers, or statement credits without blackout dates

Best Cards at a Glance

Card-by-card Highlights

1. Scotiabank Gold American Express

• Earn 5 Scotia Rewards points per dollar on groceries, dining, and entertainment to supercharge everyday spending.
• Pay no foreign transaction fees so international purchases cost less.
• Redeem points for flights, hotels, and activities with flexible options.

This is a strong pick if you want rich earn rates at home and friction-free spending abroad.

2. TD First Class Travel Visa Infinite

• Collect 3 points per dollar on travel purchases to build rewards quickly.
• Enjoy comprehensive insurance with medical, trip cancellation, and baggage protections.
• Redeem through TD’s portal with no blackout dates for easier planning.

Frequent travelers who value flexibility and robust protection will feel well covered.

3. BMO World Elite Mastercard

• Access 1,000+ airport lounges worldwide via LoungeKey for calmer journeys.
• Benefit from premium insurance for medical events and trip disruptions.
• Earn accelerated points on flights, hotels, and car rentals while skipping FX fees.

Flyers seeking comfort and elite-style perks get standout value from this premium card.

4. Rogers World Elite Mastercard

• Get up to 3% cashback on travel and 1.5% on everything else for simple earnings.
• Avoid foreign transaction fees when paying internationally.
• Tap travel insurance and occasional access to exclusive experiences for added value.

Cashback-first users who travel will appreciate effortless rewards and global usability.

5. CIBC Aventura Visa Infinite

• Earn 2 Aventura points per dollar on travel and dining, plus 1 point on other purchases.
• Use comprehensive travel insurance for confidence on every trip.
• Enjoy exclusive events access and generous welcome offers for new cardholders.

Travelers who like collecting versatile points alongside lifestyle perks will find this compelling.

6. American Express Cobalt

• Collect 5 Membership Rewards points per dollar on dining worldwide for rapid earn.
• Earn 2 points per dollar on travel to keep points climbing while on the move.
• Redeem for flights or transfer to airline partners for outsized value.

Food-focused travelers who value flexible transfer partners can unlock high-value redemptions.

7. HSBC World Elite Mastercard

• Rely on strong fraud protection and purchase assurance for safer spending.
• Use comprehensive insurance for medical needs and trip issues.
• Skip foreign transaction fees and redeem points toward major travel categories.

International travelers who want safety and flexible rewards will feel well supported.

8. National Bank Travel Insurance Visa Platinum

• Access full health coverage suitable for travelers of all ages and family types.
• Reach 24/7 emergency assistance anywhere in the world for timely help.
• Benefit from competitive insurance pricing that favors frequent travelers.

Safety-first travelers get dependable coverage without sacrificing value.

9. Aeroplan Credit Cards (Various)

• Entry-level Aeroplan: Everyday earn with lower annual fees to start building points.
• Mid-tier Aeroplan Visa: Higher earn rates plus travel insurance for balanced value.
• Aeroplan Reserve Visa: Lounge access and priority services for premium experiences.
• Business Aeroplan: Turn company spending into fast-tracked travel rewards.

Air Canada loyalists who redeem within Aeroplan can tailor benefits by tier.

10. Desjardins Cash Back Mastercard Ultimate Package

• Earn competitive cashback rates on daily purchases for simple savings.
• Pay no annual fee in the first year to try benefits at lower cost.
• Use broad travel insurance for medical needs and trip interruptions.

Travelers who prefer straightforward cashback with solid protection will find it easy to manage.

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Frequently Asked Questions

Which travel credit card is best for international travel?

Cards that waive foreign transaction fees and include strong insurance are ideal for travel abroad. Options like the Scotiabank Gold American Express and TD First Class Travel Visa Infinite combine no FX fees, flexible redemptions, and solid protections. These benefits keep costs down while safeguarding trips. The right fit depends on how you spend and where you redeem.

Do all travel credit cards waive foreign transaction fees?

No, some cards still charge fees on international purchases, which can erode rewards value. Always check the card’s terms before applying or traveling. If you go abroad frequently, prioritize cards with no FX fees. This choice preserves rewards and reduces overall trip costs.

Which card offers the best travel insurance benefits?

Cards such as TD First Class Travel Visa Infinite, BMO World Elite Mastercard, and National Bank Travel Insurance Visa Platinum stand out for comprehensive protection. Coverage typically includes emergency medical, trip cancellation, interruption, and baggage benefits. Strong insurance can save significant money during disruptions. Evaluate limits, exclusions, and eligibility before relying on benefits.

Closing Insights

Choosing the right travel credit card can transform routine spending into meaningful trips and memorable upgrades. Focus on reward multipliers aligned to your habits, then confirm insurance depth and foreign fee policies. Compare annual fees against the real value you will redeem in flights, hotels, and statement credits. Consider ecosystem fit, such as Aeroplan loyalty or transferable points for flexibility. Keep redemption friction low so you can book quickly at fair value. Revisit your card mix as your travel patterns change to maintain an edge. With a thoughtful pick, every purchase moves you closer to your next getaway.

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Reviewed and edited by Albert Fang.

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Article Title: Top 10 Travel Credit Cards in Canada

https://fangwallet.com/2025/09/02/top-10-travel-credit-cards-in-canada/

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