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’s World Elite Mastercard® is the best credit card from NBC.
For a limited time, you can get a $300 cashback after $4,000 spending in the first three months.
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
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 1 reward mile for every $10 spent, including at Costco.
And until May 31, 2021, you earn 5x AIR MILES Reward Miles on groceries at Sobeys, Safeway, Foodland & Participating Co-op’s, Urban Fresh, Thrifty Foods, IGA, Les Marchés Traditions and Rachelle Béry.
Starting in May 2021, you’ll earn 3 miles for every $12 spent at participating AIR MILES Partners. And a 1 mile for every $12 spent everywhere else.
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!
National Bank's World Elite 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.
What is the best credit card in Canada?
There are more than 200 credit cards in Canada. There is no “one best credit card” in Canada.
Several credit cards can match your needs:
What is the best American Express credit card in Canada?
There are more than 30 American Express credit cards in Canada. Check out our best American Express Credit Cards page.
What is the best Mastercard credit card in Canada?
There are more than 90 Mastercard credit cards in Canada. Check out our Best Mastercard Credit Cards page.
What is the best Visa credit card in Canada?
There are more than 80 Visa credit cards in Canada. Check out our Best Visa Credit Cards page.