Best Credit Cards for Travel Insurance – October 2024

National Bank World Elite Mastercard

National Bank World Elite Mastercard is the best Mastercard credit card on NBC. With the current welcome offer exclusive to the Milesopedia Network, receive up to 35,000 bonus points, distributed as follows:

• 10,000 points if you make at least $5,000 in purchases in the first 3 months
• 10,000 points if you make at least $10,000 in purchases in the first 6 months
• 15,000 points if you make at least $20,000 in purchases in the first 14 months

What’s more, you pay no annual fee for the first year.

With this card, you earn up to 5 points per dollar on your purchases:

• 5 points per dollar on grocery and restaurant purchases
• 2 points per dollar on gas and electric recharge purchases
• 2 points per dollar on recurring bills
• 2 points per dollar on À la carte Travel
• 1 point per dollar on all other purchases

And since it’s a National Bank Mastercard credit card, you can use it at Costco.

With this card, you have access to a $150 annual travel credit that you can use in any of these categories:

• Airport parking
• Baggage fees
• Seat selection
• Access to airport lounges
• Flight upgrades

In addition, you can enjoy access to DragonPass airport lounges and free Wi-Fi with Boingo. And unlimited access to the National Bank Lounge at Montreal-Trudeau.

Finally, in 2023 and 2024, Milesopedia voted National Bank World Elite Mastercard as the Best Credit Card for Travel and the Best Credit Card for Insurance.

Scotiabank Passport™ Visa Infinite* Card

With this welcome offer for the Scotiabank Passport™ Visa Infinite* Card, you earn up to 35,000 Scene+ points as a welcome bonus (a $350 value) :

• 25,000 points after just $1,000 in purchases
• 10,000 points after $40,000 in purchases in the first year

Then, each year, if you make at least $40,000 in purchases on the card, you’ll earn an annual bonus of 10,000 points, a $100 value.

With the Scotiabank Passport™ Visa Infinite* Card, you earn 3 points per dollar spent at Sobeys, IGA, Safeway, Foodland, FreshCo, Voilà by Sobeys, Voilà by IGA, Voilà by Safeway, Chalo! FreshCo, Thrifty Foods, IGA West, Les Marchés Tradition, Rachelle Béry and Co-Op.

You’ll also earn 2 points for every dollar you spend, including on foreign transactions, in the following categories:

• Grocery shopping
• Restaurants
• Entertainment centers
• Transit

The Scotiabank Passport™ Visa Infinite* Card is an excellent Visa credit card for this type of purchase.

You can redeem your points for any travel purchase at the rate of 1,000 points = $10 (flights, hotels, all-inclusive properties and even Airbnb). You can also use your points as cash back with Scene+, such as at your grocery store checkout at the same rate of 1,000 points = $10.

The Scotiabank Passport™ Visa Infinite* Card also offers:

• No fees for foreign currency transactions
• 6 complimentary passes to airport VIP lounges
• Excellent insurance for your travels and purchases
• Concierge service

We voted this credit card the Best No-FX Fee Credit Card of 2024.

TD First Class Travel^® Visa Infinite* Card

With the TD First Class Travel® Visa Infinite* Card, you can get up to 135,000 TD Rewards points^† and a rebate on the annual fee for the first year:

• 20,000 TD Rewards points for the first purchase made with your Card^†
• 115,000 TD Rewards points if you spend $5,000 within 180 days of opening^†
• A birthday bonus equal to 10% of the TD Rewards points you’ve earned in the past year, up to a maximum of 10,000 TD Rewards points^†.

Get an Annual Fee Rebate for the first year^†

With the TD First Class Travel® Visa Infinite* Card, you get:

• 8 TD Rewards Points^† for every $1 you spend when you book travel through Expedia® For TD
• 6 TD Rewards Points^† for every $1 you spend on Groceries and Restaurants
• 4 TD Rewards Points^† for every $1 you spend on regularly recurring bill payments set up on your Account
• 2 TD Rewards Points^† For every $1 you spend on other Purchases

This TD credit card is one of the best TD travel rewards cards.

American Express Platinum Card^®

The Platinum Card is the best high-end card in Canada for travelers.

With this welcome offer, you can earn up to 140,000 Membership Rewards points:

• 100,000 points when you charge $10,000 in net purchases to your Card within the first 3 months of membership
• 40,000 points if you make a purchase in the 14 to 17 months following your membership

With this Card, you get :

• 2 points per dollar for dining purchases
• 2 points per dollar on travel purchases
• 1 point per dollar on all other purchases

You can use your Membership Rewards points in many ways:

• Transfer points to airline partners: Aeroplan, Avios (British Airways / Qatar Airways), Flying Blue, Delta Skymiles, etc.
• Transfer points to hotel programs (Hilton Honors, Marriott Bonvoy)
• Redeem points for statement credits to offset any travel purchase charged to your Card (1,000 points = $10)
• Redeem points for statement credits towards other purchases (1,000 points = $10)
• And more!

For example, with this welcome offer, if you decide to transfer your Membership Rewards points to a partner loyalty program, you would have the choice of earning up to :

• 140,000 Aeroplan points
• 140,000 Avios
• 105,000 Flying Blue Miles
• 168,000 Marriott Bonvoy points

With this card, you also have advantages for your travels:

• $200 Annual Travel Credit
• $200 Annual Dining Credit
• $100 NEXUS Card Statement Credit
• Free, unlimited access for you and one additional traveller to over 1,200 airport lounges in more than 130 countries
• Hilton Honors Gold Elite status (complimentary breakfast at all Hilton hotels)
• Marriott Bonvoy Gold Elite status
• Access to the Fine Hotels and Resorts program

Finally, the Platinum Cardᴹᴰ stands out for the many insurances it offers: rental car theft and damage, $500,000 travel accident, emergency medical expenses (out of province or country), lost or stolen luggage, flight delay and misdirected luggage, hotel or motel burglary, Purchase Protection, Purchase Security.

Like all American Express Canada Cards, there is no minimum income requirement.

BMO Ascend World Elite Mastercard

The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada. With our exclusive offer, you can get up to 100,000 bonus points:

• 55,000 points after $4,500 in Card purchases in the first 3 months
• 3,750 points per month after $2,500 in monthly purchases from the 4th to the 15th month (up to 45,000 points)

Plus, the annual fee is waived in the first year for both the primary cardholder and authorized users.

With the BMO Ascend World Elite Mastercard, a premium credit card from BMO, you get:

• 5 points per dollar on travel purchases
• 3 points per dollar on dining purchases
• 3 points per dollar for entertainment purchases
• 3 points per dollar on recurring bill payments

And 1 point for every $1 spent everywhere else, including at Costco. You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (flights, hotels, car rentals, all-inclusive resorts, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.

The BMO Ascend World Elite Mastercard also offers:

• Four annual complimentary passes to airport VIP lounges
• Excellent Premium insurance for your travels or purchases
• a premium concierge service

TD^® Aeroplan^® Visa Infinite Privilege* Credit Card

With the TD® Aeroplan® Visa Infinite Privilege* Credit Card, you can earn up to 80,000 Aeroplan points^†:

• 20,000 Aeroplan points when you make your first purchase with your new card^†
• 30,000 additional Aeroplan points when you spend $12,000 within 180 days of account opening^†
• Plus, earn a one-time Anniversary Bonus of 30,000 Aeroplan Bonus Points when you spend $24,000 within 12 months of account opening^†
• $100 NEXUS fee rebate^†
• Access to Air Canada Maple Leaf lounges^†
• 6 annual visits to airport lounge members of the Visa Airport Companion^† Program hosted by Dragonpass International Ltd.
• Up to eight passengers travelling on the same reservation will all enjoy their first checked bag free (up to 23kg/50lb) when your travel originates on an Air Canada flight^†

It’s the best TD credit card for Air Canada frequent flyers.

With the TD® Aeroplan® Visa Infinite Privilege* Credit Card, you earn 1.5 points^† per dollar of eligible purchase for:

• Grocery stores
• Gas stations
• Travel
• Restaurants

And 2 points^† per dollar for Air Canada, including Air Canada Vacations. Everywhere else, you’ll get 1.25 points^† per dollar.

RBC Avion Visa Infinite Card

With this offer for the RBC Avion Visa Infinite Card, you can earn 35,000 Avion points upon approval and 20,000 bonus points when you spend $5,000 within 6 months of approval.

You can use your Avion Rewards points for travel or redeem them with other loyalty programs such as :

• American Airlines AAdvantage
• British Airways Executive Club (and Qatar Airways Privilege Club)
• Cathay Pacific Asia Miles
• WestJet Rewards

The current welcome offer, for example, gives you the equivalent of 55,000 British Airways Avios or 550 WestJet Dollars.

With the RBC Avion Visa Infinite Card, you earn 1 point per dollar and 1.25 points for travel purchases.

What’s more, you’ll benefit from a wide range of insurances: trip cancellation and interruption insurance, out-of-province or out-of-country emergency medical care insurance, collision and damage insurance for rental vehicles, and mobile device insurance.

Scotiabank Platinum American Express^® Card

For a limited time, when you apply for the Scotiabank®* Platinum American Express® Card, you can earn up to 60,000 points. That’s a $600 value for travel purchases including Airbnb.

With the Scotiabank®* Platinum American Express® Card, you earn 2 points per dollar on all purchases. You can redeem your points on travel purchases (flights, hotels, all-inclusive and even Airbnb). And you can also use them for other rewards in the Scene+ program, such as cash back rewards.

Plus, with this card, you will not pay 2.5% foreign transaction fees on any foreign currency purchases, and you get ten complimentary visits to airport VIP lounges with the Priority Pass and Premium Plaza networks.

And you get excellent insurance for your travels or purchases, concierge service, and exclusive American Express Offers (American Express Invites Program).

BMO^® AIR MILES^® World Elite^®* Mastercard^®*

With this exclusive offer for the BMO AIR MILES® World Elite Mastercard®*, you earn 3,000 miles after $3,000 in purchases in the first three months. Plus, earn an additional 1,500 miles when you spend at least $700 at eligible wholesale clubs and alcohol retailers.

Besides, the annual fee is waived in the first year!

With this card, you earn 3 miles for every $12 spent at participating AIR MILES Partners. Then, earn 2 miles for every $12 in purchases at any eligible grocery store and wholesale club (warehouse like Costco) or alcohol retailer (SAQ, LCBO, etc.). Everywhere else, you’ll earn 1 AIR MILES mile for every $12 in purchases, including Walmart.

What’s more, it’s the only AIR MILES credit card in Canada to offer a 25% discount on AIR MILES flights to any destination during the calendar year.

The BMO® AIR MILES® World Elite®* Mastercard®* card also offers:

• 7 ¢/L discount on Shell V-Power fuel and 2 ¢/L discount on all other Shell fuels
• Excellent insurance for your travels and purchases
• 2X miles for car rentals with National or Alamo