Are you a frequent traveler who spends days in airport lobbies, or zig zagging your way across the nation from business meeting to business meeting? If so, then you may be interested in learning about some of the best travel point credit cards available for Canadians. There are a lot of great credit cards out there that offer travel rewards and here are our 2022 top picks for the best credit cards for travel points in Canada!
1. American Express Gold Rewards Card
The American Express Gold Rewards Card is a great choice for travelers who want to earn rewards on their spending. With this card, you can take advantage of these benefits:
- $100 Annual Travel Credit to offset the cost of your travels
- Four complimentary visits per calendar year to Plaza Premium Lounges
- A $50 NEXUS Card statement credit
Rewards and card details:
- Welcome Bonus: 40,000 Membership Rewards points (after spending $3,000 in the first 3 months) plus 10,000 additional points when you use your card between the 14th and 17th month of Card Membership
- Earn Rate: 2 points for every $1 spent on eligible travel, dining, and more
- Income Requirement: No requirement
- Annual Fee: $150
- Annual Interest Rate: 20.99%, and 21.99% for cash advances
2. RBC Visa Infinite Avion Card
The RBC Visa Infinite Avion card gives you the ability to travel anywhere you want to go. Flights start as low as 15,000 RBC Rewards points, and RBC has made the process of redeeming rewards points easy. Benefits of the RBC Visa Infinite Avion card include:
- No blackouts or seat restrictions – even during peak seasons! You can fly if there is an open seat
- Access to The Avion Collection – perks and special offers on travel, dining, & more
- Instant booking of travel rewards using their online tool
Rewards and card details:
- Welcome Bonus: Up to 55,000 points (35,000 points on approval and 20,000 additional points after spending $5,000 within the first 6 months) – offer ends on September 16, 2022
- Earn Rate: 1 point on all purchases, plus an additional 25% on eligible travel-related purchases
- Income Requirement: $60,000 personal or $100,000 household
- Annual Fee: $120
- Annual Interest Rate: 19.99%, and 22.99% for cash advances
3. TD Aeroplan Visa Infinite Card
The TD Aeroplan Visa Infinite Card is a great way to earn Aeroplan points on everyday purchases. Whether you use your card for gas, groceries, or paying bills, you’ll be rewarded with points that can take you across the globe. With this card, you’ll also enjoy:
- Save on baggage fees – when your travel begins on an Air Canada flight, Primary Cardholders, Additional Cardholders, and travel companions (up to eight) on the same reservation will all receive their first checked bag free (up to 23kg/50lb).
- Receive up to a $100 rebate for NEXUS application fee
- Free Uber Pass membership for 6 months (limited time offer)
Rewards and card details:
- Welcome Bonus: Up to 50,000 Aeroplan points (10,000 after your first purchase, 20,000 after spending $1,500 within 90 days of account opening, and extra 20,000 points after spending $7,500 within 12 months of account opening) – offer ends on September 5, 2022
- Earn Rate: 1.5 Aeroplan points on every $1 spent on gas, groceries, and direct through Air Canada purchases; 1 point per $1 on all other purchases; 50% more points on Starbucks purchases; extra points when shopping at 170+ Aeroplan partner brands
- Income Requirement: $60,000 personal or $100,000 household
- Annual Fee: $120 (first year free)
- Annual Interest Rate: 19.99%, and 22.99% for cash advances
4. HSBC World Elite Mastercard
The HSBC World Elite Mastercard is a great choice for those who want to earn points on their spending and save the transaction fees on all foreign purchases. With this card, you can enjoy several other perks, such as:
- A $100 annual travel enhancement credit that can be used to cover the cost of your travels
- No foreign transaction fees – so you can use your card while traveling abroad without having to worry about any extra charges
- 10% discount on select hotel bookings on your card when booking directly through the HSBC Expedia and Agoda websites
Rewards and card details:
- Welcome Bonus: Up to 80,000 HSBC Rewards points (20,000 on approval, 40,000 after spending $6,000 within 6 months, 20,000 anniversary points) – offer ends on Oct 31, 2022
- Earn Rate: 6 HSBC Rewards points per $1 spent on eligible travel purchases, and 3 points per $1 on all other eligible purchases
- Income Requirement: $80,000 personal or $150,000 household
- Annual Fee: $149 (first year free)
- Annual Interest Rate: 19.9%, and 22.9% for cash advances
5. BMO Ascend World Elite Mastercard
The BMO Ascend World Elite Mastercard comes with a number of great benefits that make it the perfect choice for those who travel frequently. Whether you’re traveling for business or pleasure, you can be sure to enjoy these benefits:
- No black-out periods
- Free membership in Mastercard Travel Pass provided by DragonPass
- Four free airport lounge passes per year
Rewards and card details:
- Welcome Bonus: Up to 60,000 BMO Rewards points (30,000 after spending $3,000 within the first 3 months, and 2,500 points for each subsequent month when you spend at least $2,000, for a total of 12 months)
- Earn Rate: 5 BMO Rewards points per dollar spent on eligible travel purchases, 3 points for every $1 on dining, entertainment, and recurring bill payments, and 1 point for every $1 on all other purchases
- Income Requirement: $80,000 personal or $150,000 household
- Annual Fee: $150 (first year free)
- Annual Interest Rate: 20.99%, and 23.99% for cash advances
Choosing the best credit card for travel points can be a difficult task. With so many options available, it’s hard to know which one is right for you. However, by taking into account your spending habits and travel goals, you can narrow down your choices and find the perfect card for your needs.
If you’re looking for a credit card that will help you earn travel points, then any of the cards listed above would be a great choice. Each one offers its unique benefits and perks, so be sure to compare them before making your final decision. And if you need any help planning and managing your next corporate travel, please contact us. Our team of experts at Worldgo is always happy to assist!