Today, more and more Canadians are looking for credit cards offering annual credits. These cards reimburse part or all of the annual fees, allowing you to save while enjoying rewards. In addition, they often offer extra benefits, such as credits for subscriptions or travel. Thus, choosing the right card can maximize your savings and loyalty points. In this guide, we present the best credit cards with annual credits in Canada and tips to make the most of these benefits.
What is an annual credit on a credit card?
An annual credit is an amount that the credit card reimburses each year to offset its fees. This is applied to your account once the conditions are met.
For example, some cards offer credits for travel, for services like Nexus, or for expenses with a mobile service provider. This helps reduce the card’s real cost and allows you to use these funds for your purchases or travel.
Furthermore, these annual credits can sometimes be combined with other benefits, such as welcome offers, insurance, or cashback. Thus, a well-utilized annual credit can significantly improve the value of your card.
For example, an eligible purchase with the National Bank World Elite Mastercard offers a $150 credit. Thus, a travel expense of $327.85 comes down to only $177.85 after the credit is applied.
Our valuationMilesopedia first-year estimateFirst-year valueAnnual fee rebated$150Total$150Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
With Milesopedia, take advantage of an exclusive offer: your first-year annual fees are refunded with the National Bank World Elite Mastercard. This offer is exclusively available on the Milesopedia network, from June 30 to November 4, 2026.
Refund of the first-year annual fee (a $150 value) for the primary cardholder. This fee is charged to your new card account, then refunded as a credit on your statement within five months of opening your account, provided it remains open and in good standing.
The National Bank World Elite Mastercard is the best Mastercard credit card offered by NBC.
With this card, you earn up to 5 points per dollar on your purchases:
5 points per dollar for groceries and restaurants
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 for all other purchases
And since it’s a Mastercard, 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
Airline ticket upgrades
What’s more, you can enjoy access to DragonPass airport lounges and unlimited access to the National Bank Lounge at Montreal-Trudeau.
Finally, Milesopedia has named the National Bank World Elite Mastercard as the Best Travel Credit Card in 2023, 2024, 2025, and 2026.
Legal
® Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. National Bank is an authorized user.
® The À LA CARTE REWARDS logo is a registered trademark of National Bank of Canada.
® NATIONAL BANK OF CANADA LOUNGE is a registered trademark of National Bank of Canada.
® À LA CARTE REWARDS PLAN is a registered trademark of National Bank of Canada.
® Apple Pay is a registered trademark of Apple Inc., registered in the U.S. and other countries. Apple Inc. is not a sponsor of or participant in National Bank Mobile Banking Solutions.
® Google Pay is a registered trademark of Google LLC. Use of this trademark is subject to Google Inc. Permissions.
TM À LA CARTE TRAVEL is a trademark of National Bank of Canada. The À la carte Travel agency is owned by Transat Distribution Canada Inc. and holds a Quebec permit (No. 753141).
TM À LA CARTE REWARDS is a trademark of National Bank of Canada.
® THE TOTAL, THE CONNECTED and NATIONAL BANK are registered trademarks of National Bank of Canada.
* Mastercard® World Elite®
The National Bank® World Elite® Mastercard® credit card was voted best Mastercard credit card by Milesopedia in 2026, 2025 and 2024.
The National Bank® World Elite® Mastercard® credit card was voted best travel credit card by Milesopedia in 2026, 2025 and 2024.
Every year, Milesopedia reviews credit card offers from major financial institutions and establishes its Ranking based on over 150 criteria such as fees, welcome offer, minimum income required, number of points per category, account credits, insurance, airport lounge access, etc.
Certain restrictions apply. For more information, see the Rewards Plan section or the Plan Rules applicable to point accumulation.
Grace period: No interest is charged on purchases made during the month if the cardholder pays the full balance of their account within twenty-one (21) days of the statement date. This grace period does not apply to cash advances and balance transfers. Minimum payment: if your account balance is less than $10, you must pay the balance in full. If you reside in the province of Quebec, your minimum payment is 5% of your account balance plus any overdue amount, or $10, whichever is greater. If you reside outside Quebec, your minimum payment is 2.5% of the credit card account balance plus any overdue amount, or $10, whichever is greater. Account statement: an account statement is sent monthly.
Table of examples of credit fees calculated over a 30-day period
Annual interest rate
$500
$3,000
22.49%
$9.24
$55.45
20.99%
$8.63
$51.76
13.2%
$5.53
$33.16
9.2%
$3.78
$22.68
*Variable interest rate in effect as of September 1, 2021.
Balance transfers and cash advances are subject to National Bank credit approval. Each amount transferred cannot be less than $250.
Exclusive to World Elite Mastercard cardholders. Presentation of the physical credit card and boarding pass is required to access the lounge. The National Bank® Lounge is accessible to customers traveling on international flights only (excluding flights to Canada and the United States). You benefit from free and unlimited access with one guest and two children aged 12 and under. Until October 4, 2026 (date subject to change), customers can enter the National Bank Lounge three hours before their flight departure time. From October 5, 2026 (date subject to change), access will be authorized for a maximum duration of 2 hours (3 hours for customers who hold a Private Banking 1859® World Elite® Mastercard® credit card). National Bank customers who are not World Elite ® Mastercard ® cardholders can also access the current lounge based on current rates and benefit from a 25 % discount on these rates : 63,24 $ taxes included for adults (excluding discount) $40.24 taxes included for children aged 2 to 12 (excluding discount) free for children under 2 (excluding discount) The entry fee is subject to change without notice and is the responsibility of the lounge operator.
Subject to providing the required supporting documents in the manner and within the prescribed timeframe. Certain conditions may apply. Only the primary cardholder of a National Bank World Elite Mastercard (Cardholder) whose account is in good standing can request a « Travel Fee Reimbursement ». « Account in good standing » means an account linked to the credit card that does not violate the Credit Card Agreement in any way and on which no restrictions apply. For example, and without limitation, the associated annual fees must have been paid in full. The maximum reimbursement of $150 can be requested from January 1 to December 31 of each year. Eligible expenses are: airport parking baggage fees seat selection airport lounge access worldwide airline ticket upgrades A reimbursement request must be made within 60 days of the purchase date. Travel expenses must be charged to the National Bank World Elite Mastercard credit card account. The maximum reimbursement of $150 is applicable per account. Please allow up to 7 business days for the reimbursement to be processed from the date your request is submitted. National Bank reserves the right to request additional supporting documents for validation purposes (e.g., invoices). You must keep all receipts and supporting documents for a period of 12 months from the date you made your reimbursement request. An unused reimbursement in one year cannot be carried over to the next year. You can make your request online at rewards.nbc.ca or by calling 1-800-341-8083 (toll-free) for an agent to assist you with your travel fee reimbursement request.
Point accumulation on grocery and restaurant spending depends on the total gross monthly amount charged to the credit card account, across all categories. Earn 5 points per dollar spent on eligible grocery and restaurant purchases. The 5 points per dollar accumulation is valid for the first $2,500 of gross monthly purchases charged to the account. Beyond this amount, eligible grocery and restaurant spending will earn 2 points per dollar. The calculation of the gross monthly purchase amount is based on monthly billing. A grocery purchase means a purchase made at a merchant whose primary business is selling food, such as a grocery store, delicatessen, supermarket, fruit store, or specialty food store. Meal kit subscriptions and meal delivery services are eligible. Therefore, this definition excludes, among others, retail stores and big-box stores whose primary business is selling non-food items. Some merchants may sell products or services identical or similar to those of eligible merchants, or are separate merchants located on the same premises as eligible merchants, but are classified by Mastercard in different categories. Purchases made from other merchants only earn base reward points. A restaurant purchase means a purchase made at a restaurant, including quick-service restaurants, bars, discotheques, nightclubs, and taverns. To view the full list of Mastercard codes associated with eligible merchants, download the À la carte Rewards Plan® terms and conditions document.
These protections apply if the purchases or rental are paid for in part with the card before departure, except, if applicable, for out-of-province medical-hospital insurance for which it is not necessary to charge the purchase of an à la carte trip and for baggage delay protection where the full cost of transport must have been charged to the card. All these protections apply to the primary cardholder, their spouse and/or their dependent children when they (spouse and dependent children) travel with the cardholder. Extended warranties apply to most new items purchased with the card, in Canada or abroad, provided the manufacturer’s warranty exists and is valid in Canada. Certain conditions, limitations and restrictions apply. For more information and details regarding your insurance coverage, please consult the insurance certificate linked to your card.
Subject to credit approval by National Bank.
Certain conditions apply. Visit mastercard.ca for more information. See all credit card terms and conditions.
To earn 2 points per dollar spent, you must pay for your gas or electric charging purchases at a gas station or certain big-box stores. Some merchants may sell products or services identical or similar to those of eligible merchants, or are separate merchants located on the same premises as eligible merchants, but are classified by Mastercard in different categories. Purchases made from other merchants only earn base reward points. To view the full list of Mastercard codes associated with eligible merchants, download the À la carte Rewards Plan® terms and conditions document.
Recurring bill payments are defined as payments made monthly or regularly that are automatically charged by the merchant to your National Bank World Elite Mastercard. Not all merchants offer recurring payments, and not all recurring payments are considered recurring bill payments. Therefore, some payments may not qualify for accelerated reward points.
To earn 2 points per dollar spent, you must pay for your eligible purchases through the À la carte TravelTM agency section of our À la carte RewardsTM site.
For example, if you spend $400 monthly on groceries, $200 on gas, $100 on recurring bills and $150 on other purchases, the $850 spent will generate 2,750 points, broken down as follows: 2,000 points for grocery spending (since the total gross monthly amount is $850, which is less than $2,500), 400 points for gas spending, 200 points for recurring bills and 150 points for other purchases.
Insurance up to $1,000 in case of breakage, loss or theft of mobile devices for a maximum period of 2 years following the date of purchase. Subject to purchasing the device with the National Bank World Elite Mastercard or a phone service subscription paid by recurring payments from your National Bank Platinum Mastercard starting September 1, 2022. For all conditions, please consult the insurance certificate linked to your card.
Annual fee
Primary card$150
Additional card$50
Annual income required
Individual$80,000
Household$150,000
Conversion fees
2.5%
Earning rate
5xRestaurants
5xGroceries
2xGas
2xBills & recurring payments
2xTravel
1xAll spending
Value
1st Year Value$778
2nd Year Value$923
Card benefits
Airport lounge access$400
Travel creditsIncluded
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 60 days
Travel medical (55-64)Up to $5,000,000 / 31 days
Travel medical (65+)Up to $5,000,000 / 15 days
Trip CancellationUp to $2,500
Trip InterruptionUp to $5,000
Delayed BaggageUp to $500
Lost BaggageUp to $1,000
Flight DelayUp to $500
Travel AccidentIncluded
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+2 years
Mobile DeviceUp to $1,000 / 2 years
Auto Rental CollisionUp to $65,000 / 48 days
Another example: the TD First Class Travel® Visa Infinite* Card offers a $100 credit for any accommodation booking of $500 or more. Thus, an expense of $1,081.92 comes down to $981.92 after the annual credit is applied. In my case, also using $803 in points, the net cost was only $178.92.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$800Annual fee rebated$139Total$939Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
With the TD First Class Travel® Visa Infinite* Card, you can earn up to 160,000 TD Rewards Points† as well as an Annual Fee rebate for the first year†:
20,000 TD Rewards Points for the first purchase made with your card†
140,000 TD Rewards Points when you spend $7,500 within 180 days of account opening†
A Birthday Bonus of up to 10,000 TD Rewards Points†
Get an annual TD Travel Credit† of $100 when you book at Expedia® For TD, and enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program (a value of up to $277)†.
With the TD First Class Travel® Visa Infinite* Card, you earn:
8 TD Rewards Points† for every $1 you spend when you book travel through Expedia® For TD†
6 TD Rewards Points† per dollar on your grocery, dining and public transit purchases
4 TD Rewards Points† per dollar on your recurring bill payments and purchases of streaming services as well as digital games and media
2 TD Rewards Points† per dollar on all other purchases made with your card
This card also allows you to enjoy a range of travel benefits, including an annual travel credit, complimentary airport lounge visits, and a birthday bonus that boosts your points each year†.
Legal
†Terms and conditions apply.
Annual fee
Primary card$139
Additional card$50
Annual income required
Individual$60,000
Household$100,000
Conversion fees
2.5%
Earning rate
6xGroceries
6xRestaurants
6xTransit
4xBills & recurring payments
4xStreaming
2xAll spending
Value
1st Year Value$1,430
2nd Year Value$531
Card benefits
Concierge service24/7
Airport lounge access$160
Travel insurance
Travel medical (under 55)Up to $2,000,000 / 21 days
Travel medical (55-64)Up to $2,000,000 / 21 days
Travel medical (65+)Up to $2,000,000 / 4 days
Trip CancellationUp to $1,500
Trip InterruptionUp to $5,000
Delayed BaggageUp to $1,000
Lost BaggageUp to $1,000
Flight DelayUp to $500
Hotel BurglaryUp to $2,500
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Mobile DeviceUp to $1,000
Auto Rental CollisionUp to $65,000 / 48 days
The best credit cards with annual credits in Canada
Here are some popular cards offering annual credits:
With the American Express® Gold Rewards Card, you receive an annual credit of $100 for your travels each year. First, this credit is offered shortly after you subscribe to the card. Then, a new $100 credit is granted with each renewal of your annual membership.
Thus, this $100 credit virtually reduces the annual membership fee from $250 to $150.
To use this annual credit, you must make an eligible travel booking through American Express Travel. For example, this includes an airline ticket, a hotel, a car rental, or a vacation package. Once the expense is fully charged to the card account, the annual credit is applied automatically.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$1,020Total$1,020Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Apply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).
Earn up to 60,000 Membership Rewards points with this welcome offer for the American Express Gold Rewards Card. That’s a value of $600 toward travel or any purchase charged to the Card:
5,000 Membership Rewards points per month when you charge $1,000 in net purchases to your Card, for 12 months (a total of 60,000 points in the first year).
You can also transfer your points to airline partners such as Aeroplan, Avios (British Airways, Qatar Airways, Finnair), Flying Blue, and hotel partners (Marriott Bonvoy, Hilton Honors).
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 :
60,000 Aeroplan points
60,000 Avios
60,000 Flying Blue Miles
72,000 Marriott Bonvoy points
With this Card, you get many benefits like:
$100 annual travel credit
Priority Pass membership and 4 complimentary Plaza Premium visits per year
$50 NEXUS credit
You earn 2 points per dollar for travel purchases, and at:
gas stations
grocery stores
drugstores
And 1 point per dollar everywhere else.
Like all American Express Canada Cards, there is no minimum income requirement.
Legal
American Express is not responsible for maintaining or controlling the accuracy of the information published on this website. For full and up-to-date product information, click on the Apply now link. Terms and conditions apply.
Annual fee
Primary card$250
Additional card$0
Annual income required
Individual$0
Household$0
Conversion fees
2.5%
Earning rate
2xPharmacy
2xGas
2xTravel
2xGroceries
1xAll spending
Value
1st Year Value$1,555
2nd Year Value$589
Transfer partners
AeroplanAirline
British Airways ClubAirline
Cathay Asia MilesAirline
Etihad GuestAirline
Flying BlueAirline
Hilton HonorsHotel
Marriott BonvoyHotel
Card benefits
Airport lounge access$160
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Trip CancellationUp to $1,500
Trip InterruptionUp to $1,500
Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $500
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Auto Rental Collision (primary)Up to $85,000 / 48 days
American Express Platinum Card®
With the American Express Platinum Card®, you receive an annual travel credit of $200 each year. First, this credit is offered shortly after you subscribe to the Card. Then, a new $200 credit is granted with each renewal of your annual membership.
Thus, these credits totaling at least $400 reduce the annual membership fee from $799 to a net $399.
To use the $200 annual travel credit, you must make an eligible booking through American Express Travel. For example, this includes an airline ticket, a hotel, a car rental, or a vacation package. Then, you must check the appropriate box when booking. Once the expense is fully charged to the Card account, the annual credit is applied automatically.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$1,190Total$1,190Plus $510 of bonus paid after the first year, not counted in this total.Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Apply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).
The Platinum Card® is the best premium card in Canada for travellers.
With this welcome offer, you can earn up to 100,000 Membership Rewards® points:
70,000 points after charging $10,000 to your Card in your first 3 months of Cardmembership
30,000 points when you make a purchase between the 15th and 17th month after your Cardmembership begins
With this Card, you get:
2 points per $1 on eligible dining and delivery purchases in Canada
2 points per dollar on eligible travel purchases charged to the Card
1 point per $1 on all other purchases charged to the Card
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 partners, including Hilton Honors and 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 could earn up to:
100,000 Aeroplan points
100,000 Avios
100,000 Flying Blue Miles
120,000 Marriott Bonvoy points
With this card, you also have advantages for your travels:
$200 Annual Travel Credit
An annual meal credit of $200
A $100 statement credit for NEXUS membership
Complimentary access for you and one additional guest to more than 1,550 airport lounges in over 140 countries
Hilton Honors Gold status
Marriott Bonvoy Gold Elite status
Access to the Fine Hotels + Resorts program
Last but not least, The Platinum Card® offers a wide range of insurance coverage: rental car theft and damage, $500,000 travel accident, emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delays and misdirected baggage, hotel or motel burglary, Purchase Protection, Purchase Security.
Like all American Express Canada Cards, there is no minimum income requirement.
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*Terms and conditions apply. American Express is not responsible for maintaining or monitoring the accuracy of the information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.
Annual fee
Primary card$799
Additional card$250
Annual income required
Individual$0
Household$0
Conversion fees
2.5%
Earning rate
2xTravel
2xRestaurants
1xAll spending
Value
1st Year Value$1,482
2nd Year Value$470
Transfer partners
AeroplanAirline
British Airways ClubAirline
Cathay Asia MilesAirline
Etihad GuestAirline
Flying BlueAirline
Hilton HonorsHotel
Marriott BonvoyHotel
Card benefits
Concierge service24/7
Airport lounge access$400
Travel creditsIncluded
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Trip CancellationUp to $2,500
Trip InterruptionUp to $2,500
Delayed BaggageUp to $1,000
Lost BaggageUp to $1,000
Flight DelayUp to $1,000
Hotel BurglaryUp to $1,000
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Auto Rental Collision (primary)Up to $85,000 / 48 days
Business Platinum Card® from American Express
With the Business Platinum Card® from American Express, you receive an annual travel credit of $200 each year. First, this credit is offered shortly after you subscribe to the card. Then, a new $200 credit is granted upon renewal of your annual membership.
In addition, the same principle applies to other annual credits offered. Notably, you get $120 from a mobile provider, $200 to use at Dell, $300 for Indeed, and $100 for Nexus.
Thus, all these credits, which can amount to up to $820, virtually reduce the annual membership fee from $799 to practically zero.
To use the $200 annual credit, you must make an eligible travel booking through American Express Travel. For example, this includes an airline ticket, a hotel, a car rental, or a vacation package. Then, you must check the appropriate box when booking. Once the expense is fully charged to the Card account, the annual credit is applied automatically.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$1,360Total$1,360Plus $680 of bonus paid after the first year, not counted in this total.Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Apply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).
Earn up to 120,000 points with this welcome offer for the American Express Business Platinum Card:
80,000 Membership Rewards points for $15,000 net purchases within the first 3 months of membership
40,000 additional points if you make a purchase between the 15th and 17th month after enrollment
You can use your Membership Rewards points in many ways:
Transfer your points to airline partners: Aeroplan Avios (British Airways, Qatar Airways, Finnair, Iberia), Flying Blue, Delta Skymiles, etc.
Transfer your points to hotel programs (Hilton Honors, Marriott Bonvoy)
Redeem your points for statement credits to offset any eligible purchase charged to your Card (1,000 points = $10)
And more!
120,000 points have a minimum value of $1,200 for a Statement credit, and much more if you transfer your points to a partner.
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 :
120,000 Aeroplan points
120,000 Avios
120,000 Flying Blue Miles
144,000 Marriott Bonvoy points
With this Card, you earn 1.25 Membership Rewards points per dollar on all purchases. What’s more, you’ll enjoy a host of travel and business benefits:
Complimentary access for you and one additional guest to over 1,400 airport lounges in over 130 countries
$200 Annual travel credit
$100 Card Statement Credit for Nexus
Marriott Bonvoy Gold Elite status
Hilton Honors Gold Elite status
Access to the Fine Hotels and Resorts program
Up to $120 in eligible Wireless Credits each year
With this Card you can maximize your cash flow with up to 55 interest free days. It is a card that is particularly appreciated by contractors when making large purchases in home improvement stores, for example.
Last but not least, Business Platinum Card® from American Express offers a wide range of insurance coverage: rental car theft and damage, $500,000 travel accident, emergency medical expenses (out-of-province or out-of-country), lost or stolen baggage, flight delays and misdirected baggage, hotel or motel burglary, Purchase Protection, Purchase Security.
Like all American Express Canada Cards, there is no minimum income requirement.
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*Terms and conditions apply.
American Express is not responsible for maintaining or monitoring the accuracy of the information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.
Annual fee
Primary card$799
Additional card$250
Annual income required
Individual$0
Household$0
Conversion fees
2.5%
Earning rate
1.25xAll spending
Value
1st Year Value$1,675
2nd Year Value$311
Transfer partners
AeroplanAirline
British Airways ClubAirline
Cathay Asia MilesAirline
Etihad GuestAirline
Marriott BonvoyHotel
Card benefits
Concierge service24/7
Airport lounge access$400
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Trip CancellationUp to $1,500
Trip InterruptionUp to $1,500
Delayed BaggageUp to $1,000
Lost BaggageUp to $1,000
Flight DelayUp to $1,000
Hotel BurglaryUp to $1,000
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Auto Rental Collision (primary)Up to $85,000 / 48 days
However, this credit is offered every 48 months. In other words, it applies each time you are eligible for your Nexus card renewal.
To take advantage of this, simply charge your Nexus membership or renewal payment to your credit card. Then, the credit will automatically appear on your account after three or four days.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$1,200Total$1,200Plus $500 of bonus paid after the first year, not counted in this total.Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Apply with confidenceCheck whether your application will be approved before you submit it, with no impact on your credit score*When you apply for a personal American Express Credit Card, we will tell you whether you are eligible without affecting your credit score. So you can apply with confidence.*Instant decisions are only available for consumer Card applications (also called “personal Cards”).
With this welcome offer for American Express® Aeroplan®* Reserve Card, you can earn up to 85,000 Aeroplan points. Here’s how:
Earn 60,000 points after you spend $7,500 on your Card in your first 3 months of Cardmembership
Plus, earn an additional 25,000 Aeroplan points when you spend $2,500 in the 13th month
The annual fee goes from $599 to $799 on January 12, 2027. Only fees charged on or after that date follow the new price. Sign up now and your first year is billed at $599. The Additional Card goes from $199 to $249, and the Additional Reserve No Fee Card becomes the Reserve Companion Card at $25.
With this Amex Aeroplan Card, you earn 3X the points on purchases made directly with Air Canada and Air Canada Vacations. And 2x the points on Dining and Food Delivery purchases in Canada. Everywhere else, you will earn 1.25X the points.
With this Amex Aeroplan Premium Card, you receive many Air Canada travel benefits, such as access to Maple Leaf Lounges in North America for you and one guest, priority check-in, priority boarding and priority baggage handling. It’s the best Amex Aeroplan Card for frequent Air Canada flyers.
With this American Express Aeroplan Card, enjoy your first checked bag free (up to 23kg/50lb) for up to 9 people travelling on the same reservation on Air Canada®* flights.
Like all American Express Canada Cards, there is no minimum income requirement.
Legal
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information, click the Apply Now link. If you apply and get approved for an American Express Card, we may receive compensation from American Express, which can be in the form of monetary payment.
Annual fee
Primary card$599
Additional card$199
Annual income required
Individual$0
Household$0
Conversion fees
2.5%
Earning rate
3xAir Canada flights
2xRestaurants
1.25xAll spending
Value
1st Year Value$1,938
2nd Year Value$430
Card benefits
Concierge service24/7
Airport lounge access$400
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Trip CancellationUp to $1,500
Trip InterruptionUp to $1,500
Delayed BaggageUp to $1,000
Lost BaggageUp to $1,000
Flight DelayUp to $1,000
Hotel BurglaryUp to $1,000
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Auto Rental Collision (primary)Up to $85,000 / 48 days
BMO
BMO eclipse Visa Infinite Privilege* Card
With the BMO eclipse Visa Infinite Privilege* Card, you receive an annual $200 credit each year. First, this credit is offered shortly after you subscribe to the card. Then, a new $200 credit is granted upon renewal of your annual membership.
In addition, this $200 credit is offered each calendar year. Thus, you can use it as you wish. Consequently, this credit reduces the annual membership fee from $599 to a net $399.
To use this annual $200 credit, simply charge an eligible purchase of $200 or more to the card account. Then, the credit will automatically appear on your statement.
Finally, you also get a $200 credit to reimburse Nexus membership or renewal fees during the first year.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$1,340Total$1,340Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
The BMO eclipse Visa Infinite Privilege* Card is a premium metal card! By applying for this card, you can earn up to 200,000 BMO Rewards points:
80,000 points after $6,000 in purchases within the first 110 days of account opening
40,000 points after $30,000 in purchases within the first 180 days of account opening
80,000 points after $75,000 in purchases within the first 365 days of account opening
Additionally, you benefit from a 0% welcome interest rate on balance transfers for 12 months, as well as a 2% balance transfer fee.
Plus, you’ll receivea $200 anniversary credit to use as you wish!
As well as a membership to the Visa Airport Companion program with six complimentary visits per year to airport lounges.
With this Card, you can earn 5 BMO Rewards points per dollar spent on:
Groceries
Gas
Drugstores
Travel
restaurants and bars
Food delivery
And 1 BMO Rewards point per dollar spent everywhere else.
You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (plane tickets, hotels, rental cars, all-inclusive packages, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
Finally, enjoy six months of Instacart+ membership and a monthly $10 Instacart credit when you sign up with your eligible BMO credit card.
Legal
*Terms and conditions apply
BMO is not responsible for maintaining the content on this site. For the latest information, please click on the Apply Now link.
Annual fee
Primary card$599
Additional card$99
Annual income required
Individual$150,000
Household$200,000
Conversion fees
2.5%
Earning rate
5xRestaurants
5xTravel
5xGroceries
5xGas
5xPharmacy
1xAll spending
Value
1st Year Value$1,461
2nd Year Value$321
Card benefits
Airport lounge access$240
Travel creditsIncluded
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 21 days
Travel medical (55-64)Up to $5,000,000 / 21 days
Travel medical (65+)Up to $5,000,000 / 3 days
Trip CancellationUp to $2,500
Trip InterruptionUp to $2,000
Delayed BaggageUp to $1,000
Lost BaggageUp to $2,500
Flight DelayUp to $1,000
Hotel BurglaryUp to $2,500
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 1 years
Auto Rental CollisionUp to $65,000 / 48 days
BMO eclipse Visa Infinite* Card
With the BMO eclipse Visa Infinite* Card, you get an annual $50 credit each year. First, this credit is offered shortly after you subscribe to the card. Then, a new $50 credit is granted upon renewal of your annual membership.
In addition, this $50 credit is offered each calendar year. Thus, you can use it as you wish. Consequently, this $50 credit virtually reduces the annual membership fee from $120 to $70.
To use this annual $50 credit, simply charge an eligible purchase of $50 or more to the Card account. Then, the credit will automatically appear on your statement.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$469Annual fee rebated$120Total$589Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
The BMO eclipse Visa Infinite* Card is one of the best Visa Infinite rewards credit cards in Canada. Its welcome offer lets you earn up to 70,000 BMO Rewards points, for a total value of up to $1,150*.
It also includes a monthly statement credit for streaming services, an annual $50 lifestyle credit, and no annual fee for the first year (a $120 value)*.
With the BMO eclipse Visa Infinite* Card, you also get:
5x BMO Rewards points for every dollar spent on groceries, meal delivery or takeout, rideshare, public transit, and gas*
1 BMO Rewards point for every dollar spent on all other purchases*
10% more points when you add an authorized user to your account*
Mobile device insurance offering coverage up to $1,000*
The Pay with Points feature, which allows you to redeem your points on recent purchases starting at $1*
Six months of Instacart+ membership plus a monthly $10 Instacart credit with an eligible card*
Legal
*Terms and conditions apply
BMO is not responsible for updating the content of this site. For the most up-to-date information, please click on the Online Application link.
Annual fee
Primary card$120
Additional card$50
Annual income required
Individual$60,000
Household$100,000
Conversion fees
2.5%
Earning rate
5xTransit
5xGas
5xRestaurants
5xGroceries
1xAll spending
Value
1st Year Value$1,128
2nd Year Value$365
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 21 days
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$771Annual fee rebated$150Total$921Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
The BMO Ascend™ World Elite®* Mastercard®* is one of the best World Elite Mastercard travel rewards credit cards in Canada. With the welcome offer, you can get up to 115,000 BMO Rewards points, for a total value of up to $1,900, including up to $200 in Instacart benefits.*
Plus, there’s no annual fee in the first year for the primary cardholder and additional cardholders, and you benefit from a 0% introductory interest rate on balance transfers for 12 months (with a 2% balance transfer fee).*
With the BMO Ascend™ World Elite®* Mastercard®*, you get:
5 points per dollar on eligible travel*
3 points per dollar on eligible dining, entertainment, and recurring bill payments*
1 point per dollar on all other purchases*
The card also offers:
4 complimentary airport lounge accesses per year via Mastercard Travel Pass provided by DragonPass*
comprehensive travel insurance, including emergency medical coverage up to $5 million for 21 days*
A NEXUS statement credit in the first year*
Up to $200 in Instacart benefits*
Legal
*Terms and conditions apply
BMO is not responsible for updating the content of this site. For the most up-to-date information, please click on the Online Application link.
Annual fee
Primary card$150
Additional card$50
Annual income required
Individual$80,000
Household$150,000
Conversion fees
2.5%
Earning rate
5xTravel
3xRestaurants
3xStreaming
3xBills & recurring payments
3xEntertainment
3xTelecom
1xAll spending
Value
1st Year Value$1,249
2nd Year Value$289
Card benefits
Airport lounge access$160
Travel insurance
Travel medical (under 55)Up to $2,000,000 / 21 days
In addition, this credit can be used for purchasing airline tickets. It also applies to hotel stays. Furthermore, it is valid for vehicle rentals. Finally, it can be used for travel packages worldwide.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$600Total$600Plus $200 of bonus paid after the first year, not counted in this total.Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
With this welcome offer for the Scotiabank Passport® Visa Infinite Privilege* Card, you get up to 80,000 bonus Scene+ points as a welcome bonus (worth $800):
30,000 points by making at least $3,000 in everyday eligible purchases in your first 3 months.
30,000 points after $20,000 in purchases within the first six months
20,000 points by making an eligible purchase during the 14th month following account opening
With the Scotiabank Passport® Visa Infinite Privilege* Card, you earn:
3X Scene+ points for every $1 in eligible travel purchases
2X Scene+ points for every $1 in eligible purchases at dining and entertainment establishments
1X Scene+ points for every dollar spent on all other eligible purchases
Including on foreign purchases, with no foreign transaction fees.
The Scotiabank Passport® Visa Infinite Privilege* Card is an excellent Visa credit card for this type of purchase.
These points can be used against any travel purchase at the rate of 1,000 points = $10 (flights, hotels, all-inclusives and even Airbnb). You can also redeem your points for cash back at Scene+, for example, at your local grocery store checkout at the same rate of 1,000 points = $10.
The Scotiabank Passport® Visa Infinite Privilege* Card also offers:
No fees for foreign currency transactions
10 complimentary airport lounge visits per year
$250 annual travel credit
Excellent insurance for your travels and purchases
Concierge service
Legal
1 Offer description and conditions: The 80,000 bonus Scene+ points offer (the « offer ») applies only to new Scotiabank Passport® Visa Infinite Privilege* Card credit card accounts (the « accounts ») opened between May 1, 2026 and November 1, 2026 (regardless of the date you apply for the account), subject to the conditions below. To be eligible for the 30,000 bonus Scene+ points (the « 30,000 bonus points »), you must charge eligible purchases totaling at least $3,000 to your new account during the first three months following the account opening date. To be eligible for the additional 30,000 bonus Scene+ points (the « additional 30,000 bonus points »), you must charge $20,000 in eligible purchases to your new account during the first six months following the account opening date. To be eligible for the additional 20,000 bonus Scene+ points (the « additional 20,000 bonus points »), you must charge at least one (1) eligible purchase to your new account during the 14th month following the month the account was opened. Eligible purchases mean purchases, less refunds, returns, and any other similar credits, and exclude payments, cash advances (including balance transfers and quasi-cash transactions), interest charges, and card fees and other charges.
Fulfillment of the annual bonus reward: Bonus points will be credited to the Scene+ account within approximately eight weeks after you become eligible for a bonus, provided the account is open and in good standing. In the case of a joint account with a primary borrower and a co-borrower, bonus points will be credited as follows: (i) the 30,000 bonus points and the additional 30,000 bonus points will be credited to the Scene+ account linked to the account of the borrower who made the transaction that reached the eligible purchase threshold ($3,000 or $20,000) within the appropriate timeframe (the first three months or the first six months), and (ii) the additional 20,000 bonus points will be credited to the Scene+ account linked to the account of the borrower who made the first transaction considered an eligible purchase during the 14th month following the month the account was opened. If an additional cardholder makes the transaction that reaches the eligible purchase threshold for the 30,000 bonus points or the additional 30,000 bonus points, or makes the first transaction to earn the additional 20,000 bonus points, the bonus points will be credited to the Scene+ account linked to the primary borrower’s account. Points can be transferred between the Scene+ accounts of a primary borrower, co-borrower, or additional cardholder by contacting Scene+. An account is in good standing if it is not past due, there is no credit limit overage, and the cardholder(s) have complied with the terms of the Revolving Credit Agreement that applies to the account. All other program conditions continue to apply during the offer period. The offer may be modified, cancelled, or extended at any time without notice, and cannot be combined with any other offer.
Eligibility and exclusions: You are not eligible for the Offer if you are currently a primary or secondary cardholder of a Scotiabank personal credit card or if you have been within the past two years, including if you transfer your balance from an existing Scotiabank personal credit card account, and if you are a Scotiabank employee. Subject to the exclusions mentioned above, Scotiabank small business credit cardholders are eligible for this Offer.
Rates and fees: The current annual fees are $599 for the primary card and $199 for each additional card (including those issued to joint account holders and additional cardholders). The preferred annual interest rates currently applicable to the account are as follows: 20.99% on purchases and 22.99% on cash advances (including balance transfers and quasi-cash transactions). All rates, fees, features, and benefits described in the application disclosure may be changed.
Savings at Shell
Get up to 7 cents per litre in instant fuel discounts for a limited time and earn up to 3 cents per litre in Scene+ points value with an eligible Scotiabank Passport Visa infinite Privilege card linked to a Shell Go+ Account:
Instant 3 cents per Litre Discount on Fuel Purchases (All Grades): Receive an instant 3 cents per litre discount on purchases of fuel (all grades) (“Fuel Purchases (All Grades)”) at participating Shell locations in Canada when you use any eligible Scotiabank debit card or credit card linked to a Shell Go+ Account, up to a maximum of 1,000 litres per month per Scotiabank debit card and per Scotiabank credit card account. This total limit resets at the start of each new month per payment card account. This discount is subject to the Scotiabank Fuel Benefit Terms and Conditions.
Instant 4 cents per Litre Discount on Premium Fuel: Between May 26, 2026 and June 1, 2027 (“Promotional Period”), receive an instant 4 cents per litre discount on purchases of V-Power® gasoline, or V-Power® diesel (“Premium Fuel Purchases”) at participating Shell locations in Canada when you use any eligible Scotiabank credit card that earns Scene+ points linked to a Shell Go+ Account, up to a maximum of 1,000 litres per month per credit card account. This total limit resets at the start of each new month per credit card account. This promotional offer, including the Promotional Period, may be changed, extended, or withdrawn at any time without notice. These promotional offer terms are in addition to the Scotiabank Fuel Benefit Terms and Conditions.
Earn up to 3 cents per Litre in Scene+ points Value (Equivalent) on Fuel Purchases: Each time you use your linked Scotiabank credit card that earns Scene+ points on Fuel Purchases (All Grades) at participating Shell locations in Canada, you will earn at least 1 Scene+ point per $1 spent. Plus, as a Scene+ Member you will also automatically earn 1 Scene+ point for each litre in Fuel Purchases (All Grades), and as a Shell Go+ member, automatically earn 1 additional Scene+ point for each litre in Premium Fuel Purchases, made with your linked Scotiabank credit card. This means that for every litre in fuel purchased with your linked credit card, you can earn the equivalent of up to 3 cents of redeemable Scene+ points value based on a redemption value of $10 for every 1,000 Scene+ points redeemed for fuel purchases at participating Shell locations. Actual value may be lower depending on how you choose to redeem your Scene+ points. Earn and redemption limits may apply. See the Scene+ Program Terms and Conditions available at sceneplus.ca/terms-and-conditions for full details including redemption options and additional terms.
Note: Highest value of 10 cents per litre assumes a Premium Fuel Purchase made with a Scotiabank Passport® Visa Infinite Privilege* Card linked to a Shell Go+ Account. Actual value will vary depending on payment card used and whether or not the card is linked, fuel grade purchased, and how you choose to redeem your Scene+ points.
Additional 3¢/L at Shell (limited time)
Additional 3¢/L Fuel Discount Offer: Offer valid from October 5, 2026 to December 31, 2026 (“Promotional Period”), eligible Scotiabank credit and debit cardholders enrolled in the Shell Fuel Benefits Program who have linked an eligible Scotiabank payment card (an “Eligible Card”) to their Shell Go+ account will receive an additional instant fuel discount of 3 cents per litre on eligible fuel purchases at participating Shell-branded retail locations in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, and the Northwest Territories (the “Eligible Provinces”) excluding Shell Flying J locations. Fuel purchases made outside the Eligible Provinces are not eligible for this offer.
To receive the additional fuel discount, customers must pay with their linked Eligible Card at the time of purchase.
The additional fuel discount is in addition to the fuel savings available through the Shell Fuel Benefits Program and may be combined with other eligible fuel discounts, rewards programs, and promotional fuel offers unless otherwise stated in the applicable offer terms and conditions.
The additional fuel discount is available on up to 1,000 litres of eligible fuel purchases per calendar month for each Eligible Card. The 1,000-litre limit resets at the beginning of each calendar month.
The additional fuel discount is non-transferable, is not redeemable for cash, and cannot be substituted or exchanged.
Shell Canada reserves the right to make changes to this offer and to terminate the offer at any time, for any reason and without notice.
All other applicable terms and conditions of the Shell Fuel Benefits Program, Shell Go+ and Scotiabank continue to apply.
Annual fee
Primary card$599
Additional card$199
Annual income required
Individual$150,000
Household$200,000
Conversion fees
0%
Earning rate
3xTravel
2xRestaurants
2xEntertainment
1xAll spending
Value
1st Year Value$585
2nd Year Value$232
Card benefits
Concierge service24/7
Airport lounge access$400
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 31 days
Travel medical (55-64)Up to $5,000,000 / 31 days
Travel medical (65+)Up to $5,000,000 / 10 days
Trip CancellationUp to $2,500
Trip InterruptionUp to $5,000
Delayed BaggageUp to $1,000
Lost BaggageUp to $2,500
Flight DelayUp to $1,000
Hotel BurglaryUp to $2,500
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+2 years
Mobile DeviceUp to $1,000 / 1 years
Auto Rental CollisionUp to $85,000 / 48 days
National Bank
National Bank World Elite Mastercard
With the National Bank World Elite Mastercard, you benefit from an annual credit of up to $150 each calendar year. First, this credit is offered shortly after you subscribe to the card. Then, a new credit of up to $150 is granted on January 1st.
Thus, since the annual membership fee for this card is $150, this annual credit fully offsets it.
To use this annual credit, you must charge certain types of eligible travel expenses to the card account. Notably, this includes:
Airport parking;
Baggage fees;
Seat selection;
Airport lounge access;
Airline ticket upgrades.
Finally, to take advantage of this, you must submit a reimbursement request on the National Bank website.
Our valuationMilesopedia first-year estimateFirst-year valueAnnual fee rebated$150Total$150Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
With Milesopedia, take advantage of an exclusive offer: your first-year annual fees are refunded with the National Bank World Elite Mastercard. This offer is exclusively available on the Milesopedia network, from June 30 to November 4, 2026.
Refund of the first-year annual fee (a $150 value) for the primary cardholder. This fee is charged to your new card account, then refunded as a credit on your statement within five months of opening your account, provided it remains open and in good standing.
The National Bank World Elite Mastercard is the best Mastercard credit card offered by NBC.
With this card, you earn up to 5 points per dollar on your purchases:
5 points per dollar for groceries and restaurants
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 for all other purchases
And since it’s a Mastercard, 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
Airline ticket upgrades
What’s more, you can enjoy access to DragonPass airport lounges and unlimited access to the National Bank Lounge at Montreal-Trudeau.
Finally, Milesopedia has named the National Bank World Elite Mastercard as the Best Travel Credit Card in 2023, 2024, 2025, and 2026.
Legal
® Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. National Bank is an authorized user.
® The À LA CARTE REWARDS logo is a registered trademark of National Bank of Canada.
® NATIONAL BANK OF CANADA LOUNGE is a registered trademark of National Bank of Canada.
® À LA CARTE REWARDS PLAN is a registered trademark of National Bank of Canada.
® Apple Pay is a registered trademark of Apple Inc., registered in the U.S. and other countries. Apple Inc. is not a sponsor of or participant in National Bank Mobile Banking Solutions.
® Google Pay is a registered trademark of Google LLC. Use of this trademark is subject to Google Inc. Permissions.
TM À LA CARTE TRAVEL is a trademark of National Bank of Canada. The À la carte Travel agency is owned by Transat Distribution Canada Inc. and holds a Quebec permit (No. 753141).
TM À LA CARTE REWARDS is a trademark of National Bank of Canada.
® THE TOTAL, THE CONNECTED and NATIONAL BANK are registered trademarks of National Bank of Canada.
* Mastercard® World Elite®
The National Bank® World Elite® Mastercard® credit card was voted best Mastercard credit card by Milesopedia in 2026, 2025 and 2024.
The National Bank® World Elite® Mastercard® credit card was voted best travel credit card by Milesopedia in 2026, 2025 and 2024.
Every year, Milesopedia reviews credit card offers from major financial institutions and establishes its Ranking based on over 150 criteria such as fees, welcome offer, minimum income required, number of points per category, account credits, insurance, airport lounge access, etc.
Certain restrictions apply. For more information, see the Rewards Plan section or the Plan Rules applicable to point accumulation.
Grace period: No interest is charged on purchases made during the month if the cardholder pays the full balance of their account within twenty-one (21) days of the statement date. This grace period does not apply to cash advances and balance transfers. Minimum payment: if your account balance is less than $10, you must pay the balance in full. If you reside in the province of Quebec, your minimum payment is 5% of your account balance plus any overdue amount, or $10, whichever is greater. If you reside outside Quebec, your minimum payment is 2.5% of the credit card account balance plus any overdue amount, or $10, whichever is greater. Account statement: an account statement is sent monthly.
Table of examples of credit fees calculated over a 30-day period
Annual interest rate
$500
$3,000
22.49%
$9.24
$55.45
20.99%
$8.63
$51.76
13.2%
$5.53
$33.16
9.2%
$3.78
$22.68
*Variable interest rate in effect as of September 1, 2021.
Balance transfers and cash advances are subject to National Bank credit approval. Each amount transferred cannot be less than $250.
Exclusive to World Elite Mastercard cardholders. Presentation of the physical credit card and boarding pass is required to access the lounge. The National Bank® Lounge is accessible to customers traveling on international flights only (excluding flights to Canada and the United States). You benefit from free and unlimited access with one guest and two children aged 12 and under. Until October 4, 2026 (date subject to change), customers can enter the National Bank Lounge three hours before their flight departure time. From October 5, 2026 (date subject to change), access will be authorized for a maximum duration of 2 hours (3 hours for customers who hold a Private Banking 1859® World Elite® Mastercard® credit card). National Bank customers who are not World Elite ® Mastercard ® cardholders can also access the current lounge based on current rates and benefit from a 25 % discount on these rates : 63,24 $ taxes included for adults (excluding discount) $40.24 taxes included for children aged 2 to 12 (excluding discount) free for children under 2 (excluding discount) The entry fee is subject to change without notice and is the responsibility of the lounge operator.
Subject to providing the required supporting documents in the manner and within the prescribed timeframe. Certain conditions may apply. Only the primary cardholder of a National Bank World Elite Mastercard (Cardholder) whose account is in good standing can request a « Travel Fee Reimbursement ». « Account in good standing » means an account linked to the credit card that does not violate the Credit Card Agreement in any way and on which no restrictions apply. For example, and without limitation, the associated annual fees must have been paid in full. The maximum reimbursement of $150 can be requested from January 1 to December 31 of each year. Eligible expenses are: airport parking baggage fees seat selection airport lounge access worldwide airline ticket upgrades A reimbursement request must be made within 60 days of the purchase date. Travel expenses must be charged to the National Bank World Elite Mastercard credit card account. The maximum reimbursement of $150 is applicable per account. Please allow up to 7 business days for the reimbursement to be processed from the date your request is submitted. National Bank reserves the right to request additional supporting documents for validation purposes (e.g., invoices). You must keep all receipts and supporting documents for a period of 12 months from the date you made your reimbursement request. An unused reimbursement in one year cannot be carried over to the next year. You can make your request online at rewards.nbc.ca or by calling 1-800-341-8083 (toll-free) for an agent to assist you with your travel fee reimbursement request.
Point accumulation on grocery and restaurant spending depends on the total gross monthly amount charged to the credit card account, across all categories. Earn 5 points per dollar spent on eligible grocery and restaurant purchases. The 5 points per dollar accumulation is valid for the first $2,500 of gross monthly purchases charged to the account. Beyond this amount, eligible grocery and restaurant spending will earn 2 points per dollar. The calculation of the gross monthly purchase amount is based on monthly billing. A grocery purchase means a purchase made at a merchant whose primary business is selling food, such as a grocery store, delicatessen, supermarket, fruit store, or specialty food store. Meal kit subscriptions and meal delivery services are eligible. Therefore, this definition excludes, among others, retail stores and big-box stores whose primary business is selling non-food items. Some merchants may sell products or services identical or similar to those of eligible merchants, or are separate merchants located on the same premises as eligible merchants, but are classified by Mastercard in different categories. Purchases made from other merchants only earn base reward points. A restaurant purchase means a purchase made at a restaurant, including quick-service restaurants, bars, discotheques, nightclubs, and taverns. To view the full list of Mastercard codes associated with eligible merchants, download the À la carte Rewards Plan® terms and conditions document.
These protections apply if the purchases or rental are paid for in part with the card before departure, except, if applicable, for out-of-province medical-hospital insurance for which it is not necessary to charge the purchase of an à la carte trip and for baggage delay protection where the full cost of transport must have been charged to the card. All these protections apply to the primary cardholder, their spouse and/or their dependent children when they (spouse and dependent children) travel with the cardholder. Extended warranties apply to most new items purchased with the card, in Canada or abroad, provided the manufacturer’s warranty exists and is valid in Canada. Certain conditions, limitations and restrictions apply. For more information and details regarding your insurance coverage, please consult the insurance certificate linked to your card.
Subject to credit approval by National Bank.
Certain conditions apply. Visit mastercard.ca for more information. See all credit card terms and conditions.
To earn 2 points per dollar spent, you must pay for your gas or electric charging purchases at a gas station or certain big-box stores. Some merchants may sell products or services identical or similar to those of eligible merchants, or are separate merchants located on the same premises as eligible merchants, but are classified by Mastercard in different categories. Purchases made from other merchants only earn base reward points. To view the full list of Mastercard codes associated with eligible merchants, download the À la carte Rewards Plan® terms and conditions document.
Recurring bill payments are defined as payments made monthly or regularly that are automatically charged by the merchant to your National Bank World Elite Mastercard. Not all merchants offer recurring payments, and not all recurring payments are considered recurring bill payments. Therefore, some payments may not qualify for accelerated reward points.
To earn 2 points per dollar spent, you must pay for your eligible purchases through the À la carte TravelTM agency section of our À la carte RewardsTM site.
For example, if you spend $400 monthly on groceries, $200 on gas, $100 on recurring bills and $150 on other purchases, the $850 spent will generate 2,750 points, broken down as follows: 2,000 points for grocery spending (since the total gross monthly amount is $850, which is less than $2,500), 400 points for gas spending, 200 points for recurring bills and 150 points for other purchases.
Insurance up to $1,000 in case of breakage, loss or theft of mobile devices for a maximum period of 2 years following the date of purchase. Subject to purchasing the device with the National Bank World Elite Mastercard or a phone service subscription paid by recurring payments from your National Bank Platinum Mastercard starting September 1, 2022. For all conditions, please consult the insurance certificate linked to your card.
Annual fee
Primary card$150
Additional card$50
Annual income required
Individual$80,000
Household$150,000
Conversion fees
2.5%
Earning rate
5xRestaurants
5xGroceries
2xGas
2xBills & recurring payments
2xTravel
1xAll spending
Value
1st Year Value$778
2nd Year Value$923
Card benefits
Airport lounge access$400
Travel creditsIncluded
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 60 days
Travel medical (55-64)Up to $5,000,000 / 31 days
Travel medical (65+)Up to $5,000,000 / 15 days
Trip CancellationUp to $2,500
Trip InterruptionUp to $5,000
Delayed BaggageUp to $500
Lost BaggageUp to $1,000
Flight DelayUp to $500
Travel AccidentIncluded
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+2 years
Mobile DeviceUp to $1,000 / 2 years
Auto Rental CollisionUp to $65,000 / 48 days
CIBC
CIBC Aventura® Visa Infinite Privilege* card
With the CIBC AventuraMD Visa Infinite Privilege* Card, you receive an annual $200 credit each year. First, this credit is offered shortly after you subscribe to the card. Then, a new $200 credit is granted upon renewal of your annual membership.
Thus, this $200 credit reduces the annual membership fee from $499 to a net $299.
To use this credit, you must make your booking through CIBC’s travel agency. Then, the credit is applied to your account only after the trip has been completed.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$800Total$800Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
The CIBC Aventura Visa Infinite Privilege Card is the premium travel card in the CIBC Aventura program, aimed at an affluent clientele (minimum personal income of $150,000). It offers prestige travel perks, including six complimentary visits to 1,200+ airport lounges through the Visa Airport Companion Program, a $200 annual travel credit and rebates for two NEXUS applications.
You earn Aventura Points that can be redeemed for travel, and the welcome offer can reach up to 80,000 points in the first year. The annual fee is $499.
The annual interest rate is 21.99% on purchases and 22.99% on cash advances. A 2.5% foreign transaction fee applies to purchases made in a foreign currency.
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†Conditions Apply
Annual fee
Primary card$499
Additional card$99
Annual income required
Individual$150,000
Household$200,000
Conversion fees
2.5%
Earning rate
1.25xAll spending
Value
1st Year Value$639
2nd Year Value$101
Card benefits
Concierge service24/7
Airport lounge access$240
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 31 days
Travel medical (55-64)Up to $5,000,000 / 31 days
Travel medical (65+)Up to $5,000,000 / 10 days
Trip CancellationUp to $2,500
Trip InterruptionUp to $5,000
Delayed BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $2,500
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+2 years
Mobile DeviceUp to $1,500 / 1 years
Auto Rental CollisionUp to $85,000 / 48 days
CIBC Aventura® Visa Infinite* Card and the CIBC Aventura® Gold Visa* Card
However, this credit is available every 48 months, meaning each time you are eligible for your Nexus card renewal.
To take advantage of this, simply charge your Nexus membership or renewal payment to your credit card. Then, the credit will automatically appear on your account after three to four days.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$600Annual fee rebated$139Total$739Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
The CIBC Aventura® Visa Infinite* Card is one of the best Visa credit cards with travel rewards.
With this offer, get up to $1,900 in value, including a first-year annual fee rebate.
CIBC has an offer with which you can earn up to 60,000 Aventura points:
15,000 Aventura Points when you make your first purchase†
30,000 Aventura Points if you spend $3,000 or more in the first 4 monthly statement periods†
15,000 Aventura Points if you have at least $5,000 in net purchases posted to your account in the first 4 monthly statement periods†
In addition, you can benefit from a rebate on the first year’s annual fee for the primary card holder ($139 value) and up to three authorized users ($50 each).
With this CIBC Aventura Credit Card, you get:
2 points for every $1 spent on travel purchased through the CIBC Rewards Centre†
1.5 points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1 point for every $1 spent on all other purchases†
The CIBC Aventura® Visa Infinite* Card also offers:
Airport lounges access: Visa Airport Companion Program membership with 4 complimentary visits
Reimbursement of NEXUS membership fees ( $160 value)
A free Skip+ membership (a $110 first-year value)
The minimum annual income required for this card is $60,000 (personal) or $100,000 (household).
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This is an exclusive digital offer†. To be eligible for this offer: 1) this offer must have been directly communicated to you from CIBC or from a partner or affiliate; 2) you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you†.
This offer is reserved for you. Please do not forward it to anyone else. CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Aventura card within the last 12 months.†
† Conditions apply. To learn more, select the Apply Now option.
Annual fee
Primary card$139
Additional card$50
Annual income required
Individual$60,000
Household$100,000
Conversion fees
2.5%
Earning rate
1.5xPharmacy
1.5xGroceries
1.5xGas
1xAll spending
Value
1st Year Value$957
2nd Year Value$359
Card benefits
Airport lounge access$160
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$600Annual fee rebated$139Total$739Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
If you do not meet the income requirements of CIBC Aventura® Visa Infinite* Card, you can apply for CIBC Aventura® Gold Visa* Card. The minimum annual income required for this card is $15,000 (household).
With this offer, get up to $1,900 in value, including a first-year annual fee rebate.
CIBC has a digital offer with which you can earn up to 60,000 Aventura points during your first year:
15,000 Aventura Points when you make your first purchase†
30,000 Aventura Points if you spend $3,000 or more in net purchases in the first 4 monthly statement periods†
15,000 Aventura Points if you have at least $5,000 in net purchases posted to your account in the same period†
In addition, you can benefit from a rebate on the first year’s annual fee for the primary card holder ($139 value) and up to three authorized users ($50 each).
With this CIBC Aventura Credit Card, you get:
2 points for every $1 spent on travel purchased through the CIBC Rewards Centre†
1.5 points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1 point for every $1 spent on all other purchases†
The CIBC Aventura® Gold Visa* Card also offers:
Access to airport lounges: one Visa Airport Companion Program membership and 4 free visits
Reimbursement of NEXUS membership fees ( $160 value)
A free Skip+ membership (a $110 first-year value)
Legal
This is an exclusive digital offer†. To be eligible for this offer: 1) this offer must have been directly communicated to you from CIBC or from a partner or affiliate; 2) you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you†.
This offer is reserved for you. Please do not forward it to anyone else. CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Aventura card within the last 12 months.†
† Conditions apply. To learn more, select the Apply Now option.
Annual fee
Primary card$139
Additional card$50
Annual income required
Individual$15,000
Household$15,000
Conversion fees
2.5%
Earning rate
1.5xPharmacy
1.5xGroceries
1.5xGas
1xAll spending
Value
1st Year Value$957
2nd Year Value$359
Card benefits
Airport lounge access$160
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Travel medical (65+)Up to $5,000,000 / 3 days
Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $2,500
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 1 years
Auto Rental CollisionUp to $65,000 / 48 days
TD
TD First Class Travel® Visa Infinite* Card
With the TD First Class Travel® Visa Infinite* Card, you get a $100 TD travel credit each calendar year. This amount is applied to your first eligible travel purchase of the year (a hotel stay or vacation package of $500 or more through Expedia for TD), then the credit renews on the following January 1st.
An eligible travel credit purchase includes:
The purchase of a stay at a hotel, motel, tourist accommodation, or vacation rental of $500 CAD or more, made through Expedia for TD.
The purchase of a vacation package of $500 CAD or more through Expedia for TD, including hotel, motel, tourist accommodation, or vacation rental and transportation.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$800Annual fee rebated$139Total$939Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
With the TD First Class Travel® Visa Infinite* Card, you can earn up to 160,000 TD Rewards Points† as well as an Annual Fee rebate for the first year†:
20,000 TD Rewards Points for the first purchase made with your card†
140,000 TD Rewards Points when you spend $7,500 within 180 days of account opening†
A Birthday Bonus of up to 10,000 TD Rewards Points†
Get an annual TD Travel Credit† of $100 when you book at Expedia® For TD, and enjoy your time at the airport with global airport lounge access and 4 complimentary lounge visits with Visa Airport Companion Program (a value of up to $277)†.
With the TD First Class Travel® Visa Infinite* Card, you earn:
8 TD Rewards Points† for every $1 you spend when you book travel through Expedia® For TD†
6 TD Rewards Points† per dollar on your grocery, dining and public transit purchases
4 TD Rewards Points† per dollar on your recurring bill payments and purchases of streaming services as well as digital games and media
2 TD Rewards Points† per dollar on all other purchases made with your card
This card also allows you to enjoy a range of travel benefits, including an annual travel credit, complimentary airport lounge visits, and a birthday bonus that boosts your points each year†.
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†Terms and conditions apply.
Annual fee
Primary card$139
Additional card$50
Annual income required
Individual$60,000
Household$100,000
Conversion fees
2.5%
Earning rate
6xGroceries
6xRestaurants
6xTransit
4xBills & recurring payments
4xStreaming
2xAll spending
Value
1st Year Value$1,430
2nd Year Value$531
Card benefits
Concierge service24/7
Airport lounge access$160
Travel insurance
Travel medical (under 55)Up to $2,000,000 / 21 days
However, this credit is available every 48 months, meaning each time you are eligible for your Nexus card renewal.
To take advantage of this, simply charge your Nexus membership or renewal payment to your credit card. Then, the credit will automatically appear on your account after three to four days.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$1,000Annual fee rebated$139Total$1,139Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
With this offer for the TD® Aeroplan® Visa Infinite* Card, you can get up to 50,000 Aeroplan points† as well as an Annual Fee rebate for the first year†.
Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Card†
Earn 15,000 Aeroplan points when you spend $3,000 within 90 days of Account opening†.
Plus, earn a one-time anniversary bonus of 25,000 Aeroplan points when you spend $12,000 within 12 months of Account opening†
This card also allows you to enjoy travel benefits, such as a free first checked bag for you and up to 8 travel companions on the same reservation†, as well as a rebate on the NEXUS program application fee (up to $100 CAD per eligible cardholder) every 48 months†.
With the TD® Aeroplan® Visa Infinite* Card, you earn 1.5 points† per $1 spent on:
Grocery purchases
Gas and electric vehicle charging purchases
Purchases made directly with Air Canada® (including Air Canada Vacations®)
You also earn 1 point† per dollar on all other eligible purchases made with your card.
Legal
†Terms and conditions apply.
Annual fee
Primary card$139
Additional card$75
Annual income required
Individual$60,000
Household$100,000
Conversion fees
2.5%
Earning rate
1.5xGas
1.5xGroceries
1.5xAir Canada flights
1xAll spending
Value
1st Year Value$1,714
2nd Year Value$425
Card benefits
Concierge service24/7
Travel insurance
Travel medical (under 55)Up to $2,000,000 / 21 days
Travel medical (55-64)Up to $2,000,000 / 21 days
Travel medical (65+)Up to $2,000,000 / 4 days
Trip CancellationUp to $1,500
Trip InterruptionUp to $5,000
Delayed BaggageUp to $1,000
Lost BaggageUp to $1,000
Flight DelayUp to $500
Hotel BurglaryUp to $2,500
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 1 years
Auto Rental CollisionUp to $65,000 / 48 days
How to maximize your annual credits?
To make the most of your annual credits, plan your expenses and use them before the end of the billing year. For example, if your card reimburses subscriptions, make sure to register them to get the credit.
In addition, some credits apply to specific purchases; prioritize these categories to maximize savings.
Finally, combine your annual credits with your reward points to get a double benefit. Thus, you reduce your fees and increase the value of your cards.
Conclusion
Choosing a credit card with annual credits allows you to save on your fees while accumulating rewards. Furthermore, optimizing the use of these credits can transform your expenses into tangible benefits. Therefore, carefully compare cards and prioritize those that match your needs. Thus, every dollar spent can generate additional savings and points.
What is an annual credit on a credit card?
It is an amount that the card reimburses each year to offset its fees or specific purchases.
Do all cards offer an annual credit?
No. Only certain cards include this benefit to reduce the annual cost.
How to use an annual credit effectively?
Plan your eligible purchases or subscriptions before the end of the billing year.
Do annual credits expire?
Yes. They must often be used before the due date or the end of the billing year.
Our valuationMilesopedia first-year estimateFirst-year valueWelcome bonus$469Annual fee rebated$120Total$589Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
The BMO eclipse Visa Infinite* Card is one of the best Visa Infinite rewards credit cards in Canada. Its welcome offer lets you earn up to 70,000 BMO Rewards points, for a total value of up to $1,150*.
It also includes a monthly statement credit for streaming services, an annual $50 lifestyle credit, and no annual fee for the first year (a $120 value)*.
With the BMO eclipse Visa Infinite* Card, you also get:
5x BMO Rewards points for every dollar spent on groceries, meal delivery or takeout, rideshare, public transit, and gas*
1 BMO Rewards point for every dollar spent on all other purchases*
10% more points when you add an authorized user to your account*
Mobile device insurance offering coverage up to $1,000*
The Pay with Points feature, which allows you to redeem your points on recent purchases starting at $1*
Six months of Instacart+ membership plus a monthly $10 Instacart credit with an eligible card*
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*Terms and conditions apply
BMO is not responsible for updating the content of this site. For the most up-to-date information, please click on the Online Application link.
Annual fee
Primary card$120
Additional card$50
Annual income required
Individual$60,000
Household$100,000
Conversion fees
2.5%
Earning rate
5xTransit
5xGas
5xRestaurants
5xGroceries
1xAll spending
Value
1st Year Value$1,128
2nd Year Value$365
Travel insurance
Travel medical (under 55)Up to $5,000,000 / 21 days
Travel medical (55-64)Up to $5,000,000 / 21 days
Travel AccidentUp to $500,000
Purchase protection
Purchase ProtectionIncluded
Extended Warranty+1 years
Mobile DeviceUp to $1,000 / 1 years
Auto Rental CollisionUp to $65,000 / 48 days
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Our reviews and rankings are based on an objective assessment. Advertisers do not influence our content. We may receive compensation through some links; our analysis and opinions remain independent.
