The Best Credit cards For Retirees

The HSBC World Elite^® Mastercard^® is a great credit card with no foreign transaction fees, especially for travel purchases.

For a limited time, you can get:

• Quebec: up to 130,000 points (or $650) with no minimum spend requirement
• Outside Quebec: up to 100,000 points ($550) after $5,000 in Card purchases in 6 months and a First-Year Annual Fee Rebate

With the HSBC World Elite^® Mastercard^®,you earn:

• 6 points per dollar for travel purchases (flights, hotels, Airbnb, all-inclusive, etc.)
• 3 points per dollar for all other purchases

It’s a 1% to 3% value depending on your purchases!

You can apply your points on any travel purchase charged to your HSBC World Elite^® Mastercard^® (flights, hotels, Airbnb, all-inclusive, etc.). But you can also transfer your points to three airline loyalty programs: British Airways Executive Club, Asia Miles and Singapore Airlines Krisflyer.

Finally, with the HSBC World Elite^® Mastercard^® you get:

• $100 annual travel credit (for airport lounges, for example)
• Unlimited access to Boingo WiFi hotspots around the world
• 10% discount for hotel bookings on Expedia or Agoda
• Premium insurance for your travels and purchases

Finally, the HSBC World Elite^® Mastercard^® does not charge any conversion fees for foreign exchange transactions: you save 2.5% for each transaction.

And it’s one of the best credit cards for Costco where you earn 3 points per dollar.

With the Scotiabank Passport™ Visa Infinite*, you get 25,000 points after only $1,000 in card purchases ($250 value).

And every year, if you charge at least $40,000 in purchases to your card, you’ll get a 10,000 annual bonus ($100 value).

With the Scotiabank Infinite Passport Visa Card,you get 2 points per dollar of purchase in:

• Grocery stores
• Restaurants
• Entertainment
• Transportation

You can redeem your points on travel purchases (flights, hotels, all-inclusive and even Airbnb).

The Scotiabank Passport™ Visa Infinite* also offers:

• no foreign currency transactions fee
• 6 complimentary passes to airport VIP lounges
• Premium insurance for your travels or purchases
• Concierge services

This credit card is the only one to offer a refund of up to $250 per year:

• seat selection
• baggage fees
• airport parking

Besides, this card has premium insurance for your purchases, including three years of extended warranty and reliable travel insurance.

Finally, you will get unlimited complimentary access to the National Bank Lounge at Montreal-Trudeau International Airport.