Best Canadian Travel Rewards Credit Card

Best rewards credit cards for everyday spending american express cobalt with a slightly different but equally impressive earn rate and welcome bonus as the scotiabank gold the american express. Something like an aeroplan rewards card would be a travel points card.

Previously you must understand the background of Credit and get some Best canadian travel rewards credit card references in other articles on this website.

The annual fee is 120 the interest rates are 19 99 and 22 99 and the welcome bonus is 25 000 aeroplan miles after spending 1 000 in the first three billing cycles.

Best canadian travel rewards credit card. Why is it one of the best. The market seems to have two different definitions of what a travel point is. Earns a whopping 5x the points on eats and drinks which encompasses a huge range of purchases including restaurants groceries food deliveries bars and cafes.

The best cards in the canadian credit card market currently appear to be fixed value rewards cards but are often touted as travel points cards. The marriott bonvoy tm american express card is the best canadian travel credit card for nabbing these goodies with a 50000 point welcome bonus that s immediately enough for 3 free nights at category 2 hotels in marriott s vast international network. A partnership between td bank visa and the aeroplan rewards program this card offers rewards for people who travel with air canada and its affiliates.

With the anticipated update to aeroplan from air canada this summer we are seeing card issuers up their game with better limited time sign up offers to acquire customers and trying to hold their own against whatever air canada may reveal. The american express cobalt continues to cement its place as one of canada s best travel credit cards in 2020 offering five points for every dollar spent on eats and drinks and two points per dollar on travel and transit when redeemed for hotel stays or flights on any airline points are worth 0 01 each. 2020 will be a big year for travel rewards credit and charge cards.

What is a travel points card. The best canadian credit cards by category best overall rewards credit card the american express cobalt. On top of that cardholders also get an extra free night annually and can rapidly rack up more marriott bonvoy points with their regular spending.

Based on the results from our unbiased math based ratings algorithm our current top pick for the best travel credit card in canada is currently the american express cobalt card. Best travel rewards credit cards for everyday spending american express cobalt with an incredible earn rate of 5 points per 1 spent on food and drinks the american express cobalt card is a. Overall what s the best travel credit card available in canada.

This card has a fantastic earn rate and the rewards are worth up to 1 75 cents per point.

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