70,000 Marriott Bonvoy Points + 5X Points on Eligible Travel & Gas
Better Credit cards For Insurance

The Best Credit Cards For Insurance in Canada – October 2021

Best Credit Cards With Insurance

These credit cards are among the only ones that offer travel insurance regardless of the amount charged on the card. While most credit cards require 75% or even the full trip amount to be charged on them.

Here is a table summarizing the different offers. For more details, read on or click on the name of a card.

NBC World Elite Mastercard

The National Bank World Elite Mastercard® is the best credit card from NBC.

Take advantage of this welcome offer to :

  • Earn 15,000 Reward Points after a net purchase of $3,000 or more in the first three months
  • get a first-year annual fee rebate

You can earn up to 2 points per dollar in card purchases, including at Costco.

Besides, you get up to $250 in travel credits per calendar year:

  • Airport parking: $100
  • Baggage fees: $100
  • Seat selection: $50

Besides, you can enjoy access to the LoungeKey airport lounges as well as free Wi-Fi with Boingo.

The National Bank’s World Elite Mastercard® is a credit card to keep, year after year, for several reasons:

  • it has one of the best travel and purchases credit card insurance on the market
  • up to $250 travel credit per year
  • Unlimited access to the National Bank Lounge at Montreal-Trudeau airport

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

With this exclusive offer for the BMO® AIR MILES® World Elite®* Mastercard®*, you can earn 3,000 AIR MILES Bonus Miles after $3,000 in Card purchases, representing a $310 cash value. Besides, the $120 annual fee is waived in the first year!

With this card, you earn 3 miles for every $12 spent at participating AIR MILES Partners.

Everywhere else, you’ll earn 1 Mile for every $12 spent, including at Costco and Walmart.

And it’s the only AIR MILES credit card in Canada to offer a 15% discount on AIR MILES flights within North America with no blackout periods.

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

  • Premium insurance for your travels or purchases
  • Double the miles for car rentals with National or Alamo
  • Concierge services

BMO® World Elite®* Mastercard®*

The BMO® World Elite®* Mastercard®* is one of the best Mastercard credit cards with travel points in Canada.

You can earn a welcome bonus of 30,000 points, which is a $210 value in travel rewards:

  • 25,000 points after $3,000 in Card purchases within the first 3 months
  • 5,000 points on your first anniversary (12 months after the account opening date)

Besides, the $120 annual fee is waived in the first year!

With the BMO World Elite Mastercard, you get 3 points for every dollar spent on:

  • Travel
  • Dining
  • Entertainment

And 2 points for every dollar you spend, Costco included!

You can redeem your BMO Rewards points on travel booked on the BMO Rewards website (flights, hotels, rental cars, all-inclusive).

The BMO® World Elite®* Mastercard®* also comes with:

  • 4 complimentary passes to airport VIP lounges
  • Premium insurance for your travels or purchases
  • Concierge services

Finally, you can combine the points you get with the two other BMO Rewards cards to save even more on your travels!

NBC World Mastercard

The National Bank’s World Mastercard® has extensive travel and purchases insurance (similar to the ones offered by the National Bank’s World Elite Mastercard®).

For a limited time, you can get a $300 cashback after $4,000 spending in the first three months. And no annual fee the first year (a $115 saving)!

You can earn up to 2 points per dollar in Card purchases, including at Costco.

Other great offers

Frequent Asked Questions about credit cards

Here are frequently asked questions in the milesopedia community about credit cards in Canada.