Using a credit card on your travels can simplify your journey. Accumulate points through regular purchases and exchange them for numerous travel benefits. Forbes highlights that these advantages extend beyond priority security checks and complimentary luggage to include travel insurance and even a free flight!
Explore Forbes’ recommendations for the best travel credit cards in Canada for 2024. Analyze their features, rewards, and benefits to select the ideal card for your upcoming adventure.
Some of the Best Credit Cards in Canada in 2024
When selecting your ideal travel credit card, factors like reward programs, introductory bonuses, travel benefits, and annual fees should be considered. Continue reading to learn more about the top credit cards in Canada for August 2024, as recommended by Forbes.
1. American Express Cobalt Card
Forbes has crowned the American Express Cobalt as the ‘Best Overall Travel Credit Card’ in Canada. It comes with an annual fee of $155.58 and provides welcome offers worth up to $150, along with seven varieties of travel insurance.
Additionally, this card offers versatility by enabling you to convert reward points to other loyalty programs. It’s also an excellent choice if you need a top-tier grocery credit card.
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2. CIBC Aventura Gold Visa Card
The CIBC Aventura Gold Visa stands out for its adaptability. Besides various point redemption opportunities, new cardholders can gain up to 35,000 Aventura points.
With an annual fee of $139—waived in the first year—you’ll benefit from five different types of insurance coverage, such as travel emergency medical, flight delay, and baggage insurance.
3. CIBC Aventura Visa Infinite Card
Although the CIBC Aventura Gold Visa provides comparable benefits, the Visa Infinite card goes further, offering 12 types of insurance along with unlimited benefits within the Visa network. This card has an annual fee of $139, which is discounted for the first year of membership.
4. CIBC Aeroplan Visa Infinite Card
Forbes has recognized the CIBC Aeroplan Visa Infinite as the top airline travel credit card. It includes Air Canada advantages such as a complimentary checked bag, on top of the usual Visa Infinite benefits. Additionally, cardholders can accrue over $500 in Aeroplan points annually.
5. WestJet RBC World Elite Mastercard
Consider the WestJet RBC World Elite as another option for an airline travel credit card. It offers flexible redemption options for your points, usable for flights or vacation packages. Additionally, you receive a free first-checked bag for up to eight guests and access to partner airlines such as Delta, Qantas, and Air France.
6. RBC Avion Visa Infinite
As a new Avioner, you’ll be greeted with a welcome bonus of up to 35,000 Action Points in your first year, sufficient for flights across Canada and the USA, excluding Alaska and Hawaii.
The RBC Avion Visa Infinite carries an annual fee of $120 and provides extensive benefits such as 12 varieties of travel insurance and purchase protection. It also features flexible point redemption options, allowing you to use your points for flights, merchandise, gift cards, charitable donations, and more.
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7. CIBC Aeroplan Visa Card
The CIBC Aeroplan Visa stands out as the top travel credit card in Canada without an annual fee. That’s right—there’s no yearly fee to worry about.
Additionally, it offers up to 10,000 Aeroplan points in your first year and includes options for travel and purchase insurance. The Aeroplan Visa also allows for flexible point redemption, enabling you to use your points for flights, merchandise, gift cards, or entertainment.
