The best travel credit cards in Canada for 2024

Greatest journey bank card for college students

At a look: The CIBC Aeroplan Visa Card for College students bundles the flexibility to earn Aeroplan rewards with a couple of journey advantages and student-friendly perks to ship a aggressive bundle for no annual price.

featured

CIBC Aeroplan Visa Card for College students

VISIT CIBC.COM FOR MORE DETAILS

Annual price: $0

Welcome provide: earn 10,000 Aeroplan factors while you make your first buy ($200 worth)

VISIT CIBC.COM FOR MORE DETAILS

Card particulars

Rates of interest	20.99% on purchases and 22.99% on money advances (21.99% in Quebec)
Revenue required	None specified
Credit score rating	None specified
Level worth	Aeroplan factors are price $0.02 on common.

Honourable point out

At a look: The no-fee TD Rewards Visa combines the flexibility to earn versatile journey rewards factors with different student-friendly perks like bundled banking providers. Though TD Rewards factors are price lower than another loyalty packages, the earn fee is pretty beneficiant throughout on a regular basis spending classes providing you with numerous alternatives to earn.

Incessantly requested questions

Various kinds of journey bank cards 

Generic journey rewards bank cards

Some bank cards give you the flexibility to earn rewards on on a regular basis purchases and different buy classes, which will be redeemed in the direction of all kinds of issues, together with journey. This implies you aren’t essentially restricted to reserving by way of sure airways when redeeming your factors on flights. You may additionally be capable of switch your bank card factors to an airline rewards program, comparable to with the American Express Cobalt.

Airline rewards bank cards

Some journey bank cards provide rewards with particular airways the place your factors’ redemption values might range, such because the TD Aeroplan Visa Infinite card. Whenever you accumulate sufficient factors, you’ll be able to e book a flight or trip bundle with affiliated airways like WestJet or Air Canada. Take into account although that the worth of your factors can rely on the date of your flight and your vacation spot. 

Resort rewards bank cards

Resort rewards bank cards give you the flexibility to redeem your factors in the direction of a lodge keep, and to earn factors while you e book at affiliated inns like Marriott or Delta, or earn perks comparable to room upgrades or free breakfasts while you e book eligible lodge stays. Should you often e book inns for work or journey, think about a lodge rewards bank card just like the Marriott Bonvoy American Express.

Journey bank card options 

Some necessary options to look out for in journey bank cards, moreover factors worth and your reserving redemption choices (flights, inns, automobiles), embody: 

• Journey insurance coverage protection for medical points or journey delays. Most credit card travel insurance programs cowl you as much as 15 days and are typically extra restricted for these over the age of 65, however there are exceptions. (Examine how you can know in case your bank card comes with enough travel insurance coverage.)
• Airport lounge access without spending a dime or discounted lounge passes by way of Precedence Go, Visa Airport Companion Program, Dragon Go and others. 
• Resort reductions, like reductions at Marriott inns. 

Whether or not the cardboard fees you foreign transaction fees if you are overseas, on prime of standard change charges. These charges will be as excessive as an added 2.5% on each buy.

What journey factors program is greatest?

Not all journey reward packages are created equal. So how do you select the precise one for you? 

First, it’s necessary to know that journey rewards packages will be damaged down into two primary sorts: Constant and chart-based.

It’s price noting that in uncommon instances, just like the American Categorical Membership Rewards Program, you would possibly get to decide on to redeem factors for journey based mostly on both a constant system or as a chart-based system.

Most of the large banks provide constant factors journey reward packages. They’re geared toward individuals who need to function inside a easy program that has an easy-to-understand redemption course of; individuals who dislike difficult packages will admire these. Chart-based packages will be significantly extra difficult—but additionally probably extra worthwhile. Because the variety of factors wanted to redeem for a flight isn’t constant, utilizing the rewards chart strategically might help you stretch the worth of your factors and internet a better return when flying on sure routes, and even when reserving premium seats or enterprise class. These packages are extra in style with private finance fans and left-brain thinkers.

Examine journey bank cards rewards factors values 

What number of journey rewards factors do you want for a flight? 

What number of Aeroplan factors you want for a flight

Aeroplan’s chart system makes use of Miles to measure the minimal level redemptions. For shorter flights inside North America, you’d want at the least 6,000-22,500 factors for an Financial system flight, 35,000-70,000 factors for North America and Atlantic zones, and so forth. 

What number of Air Mile Dream miles you want for a flight

Air Miles doesn’t have a set flight chart. The variety of Air Miles Dream miles wanted for a free flight varies considerably as pricing is predicated on demand and what provider and sophistication you choose. On common, 1 Air Mile level is price 12.1 cents in journey rewards.

What number of Avion factors you want for a flight

Premium Avion cardholders want at the least 15,000 factors for a flight inside or close to your province or territory, at the least 35,000 factors for a flight inside North America, 65,000 factors for a flight to Europe and 100,000 factors for different locations across the globe. 

What number of Amex factors you want for a flight 

Utilizing the American Categorical Mounted Factors Program, you’d want at the least 15,000 factors for a brief flight inside North America, 20,000 factors for a flight from a Canadian province or territory to a close-by U.S. State, 40,000 factors for an extended North American route, 50,000 factors for a trip vacation spot and at the least 60,000 factors for Europe or 100,000 factors for different continents. 

What number of Scene factors you want for a flight

1 level is price 1 cent. For a $300 airline ticket, you’d want 300,000 Scene factors. 

What number of BMO Rewards factors you want for a flight

You possibly can redeem your factors for an announcement credit score in the direction of flights. 1 BMO Rewards level is price 0.7 of a cent in journey rewards.

What number of TD factors you want for a flight

You want a minimal of 200 factors for a redemption by way of Expedia for TD. 1 TD Rewards level is price 0.5 cents in journey rewards. 

What number of MBNA rewards factors you want for a flight

You possibly can redeem a minimal of 10,000 factors for a $100 assertion credit score on journey. 

Do journey bank card factors expire? 

Some journey rewards factors expire after a sure interval of inactivity, whereas others don’t. For instance, Aeroplan factors expire after 18 months of inactivity, and Marriott Bonvoy factors expire after 24 months, whereas WestJet {dollars} typically don’t expire, until they have been earned throughout sure promotions or different circumstances. To keep away from having your factors expire, you’ll be able to e book inns along with your factors, purchase merchandise by way of the loyalty program’s retailer, switch factors from one other program or to a member of the family, in some instances, and extra.

Extra of Canada’s greatest credit cards: