Up to 50,000 Points + First-Year Free!
Better Credit cards For Insurance

Best Credit Cards in Canada for Insurance – May 2022

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.

National Bank's World Elite Mastercard®

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

With this exclusive welcome offer for Milesopedia readers, you can earn 35,000 points after $3,000 in Card purchases, and the first-year annual fee is waived for the primary and first additional cardholder.

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

NBC World Mastercard

Don’t have the minimum income requirement for The National Bank’s World Elite Mastercard® ? Then the National Bank’s World Mastercard® may be a good option for you. It requires a minimum personal income of $60,000 (or $100,000 household income).

With this exclusive welcome offer for Milesopedia readers, you can earn 35,000 points after $3,000 in Card purchases, and the first-year annual fee is waived for the primary and first additional cardholder.

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

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

And you’ll enjoy up to 60 days’ coverage with its travel, trip cancellation/interruption, baggage loss and car rental insurance.

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 $149 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

RBC Avion Visa Infinite Card

With this exceptional offer for the RBC Avion Visa Infinite Card, you can earn up to 55,000 points:

  • 35,000 points on approval (no minimum spend)
  • 20,000 additional points when you spend $5,000 in your first 6 months

It’s a value of up to $1,100.

You can use your RBC Avion points for travel, or convert them to airline partners:

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

For example, with the current welcome offer, you can get the equivalent of 55,000 British Airways Avios Points or 550 WestJet Dollars.

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

And you’ll benefit from a wide range of insurance coverage: Trip Cancellation and Interruption Insurance, Out-of-Province/Country Emergency Medical Insurance, Rental Vehicle Collision/Loss Damage Insurance, Mobile Device Insurance.

 

BMO® World Elite®* Mastercard®*

Other great offers

Frequent Asked Questions about credit cards

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