Traveling is a great way to explore new places and experience different cultures. One of the best ways to get the most out of your travel dollars is to use a credit card that offers travel rewards. Several credit cards offer great travel rewards in Canada, allowing you to earn points or miles that can be redeemed for flights, hotels, and more. In this article, we'll discuss the best credit cards for travel rewards in Canada, including the popular American Express Gold Reward Card.
Why choose a credit card with travel rewards?
Travel rewards credit cards offer a variety of perks that make travel more enjoyable and cost-effective. These cards allow you to earn points or miles on everyday purchases that you can then redeem for travel-related expenses. Key perks include:
Free flights and hotel stays: When you accumulate enough points or miles, you can book flights and hotel stays for free. Travel insurance: Many travel rewards credit cards include travel insurance, giving you peace of mind while traveling. Airport lounge access: Some cards offer complimentary access to airport lounges, making your travel experience even more comfortable. No foreign transaction fees: If you make purchases abroad, you can save on foreign transaction fees.
Canada's Top Travel Rewards Credit Cards
1. American Express Gold Rewards Card
The American Express Gold Rewards Card is a great choice for travelers who want to maximize their rewards. Key features include:
Welcome Bonus: Earn a generous welcome bonus of 25,000 points after you spend $1,500 in the first three months. Earning Rate: Earn 2 points for every dollar spent on eligible travel and everyday purchases, and 1 point for every dollar spent on all other purchases. Flexible Redemption: Redeem your points for flights, hotels, rental cars and more through the American Express Membership Rewards program. Travel Insurance: Comprehensive travel insurance is included, including emergency medical, trip cancellation and lost baggage coverage.
2. Scotiabank Passport Visa Infinite Card
The Scotiabank Passport Visa Infinite Card is another great choice for travelers. Here are its features:
No Foreign Transaction Fees: No foreign transaction fees on international purchases. Welcome Bonus: Earn a welcome bonus of up to 30,000 points. Points Earning Rate: Earn 2 points per dollar on eligible grocery store, restaurant, entertainment and everyday transportation purchases, and 1 point per dollar on all other purchases. Airport Lounge Access: Enjoy six complimentary visits to Priority Pass airport lounges per year. Travel Insurance: Includes travel insurance benefits such as emergency medical, trip interruption and flight delay insurance.
3. TD First Class Travel Visa Infinite Card
The TD First Class Travel Visa Infinite Card is perfect for those looking for flexibility when it comes to travel rewards. Key features include:
Welcome Bonus: Earn up to 80,000 points as a welcome bonus. Earning Rate: Earn 3 points per dollar when you purchase travel through ExpediaForTD.com and 1.5 points per dollar on all other purchases. Flexible Redemption: Redeem your points for flights, hotels, car rentals and more through Expedia For TD. Travel Insurance: Comprehensive travel insurance is included, including travel medical, trip cancellation and trip accident insurance.
Tips for getting the most out of your travel rewards
To get the most out of your travel rewards credit card, follow these tips:
Pay off your balance in full: Paying off your balance in full each month will help you avoid paying interest. Take advantage of welcome bonuses: Many travel rewards cards offer substantial welcome bonuses. Make sure you meet the spending requirements to earn these bonuses. Use your card for everyday purchases: Travel rewards cards allow you to accumulate points and miles for everyday expenses more quickly. Use your points wisely: Plan your spending so that you can get the most out of your points and miles. Consider booking your flights and hotels during promotions and sales periods.
Conclusion
Choosing the right credit card with travel rewards can significantly enhance your travel experience and save you money. The American Express Gold Rewards Card, Scotiabank Passport Visa Infinite Card, and TD First Class Travel Visa Infinite Card are some of the best cards available in Canada. Evaluate your travel habits and preferences to choose the card that best suits your needs.
