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Credit Card Comparison - Top 15 Travel Rewards Cards

Last Updated on October 29, 2024


Here you can compare the Top 15 Travel Rewards credit cards as ranked by Rewards Canada. The charts include costs, earn rates, point values, insurance, benefits and more.

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While Rewards Canada strives to provide correct and the most up to date information in these charts, changes are inevitable that we may not have been made aware of or have not been able to update by the time you use these charts. We always advise our readers to check the issuer card page for the latest card details. If you do find an error, omission or out of date information in our charts please contact us with the details so that we can update our data as soon as possible.


Top 5 Credit Cards

 Top 15 Travel Rewards Credit Cards Comparison


Card American Express® Aeroplan®* Card American Express Cobalt™ Card American Express Gold Rewards Card The Platinum Card from American Express BMO Ascend™ World Elite®* Mastercard®* CIBC Aventura Visa Infinite Card HSBC World Elite Mastercard Marriott Bonvoy American Express Card MBNA Rewards World Elite Mastercard RBC Avion Visa Infinite Card Scotiabank Gold American Express® Card Scotiabank Passport Visa Infinite Card TD® Aeroplan® Visa Infinite* Card TD First Class Travel® Visa Infinite* Card WestJet RBC World Elite Mastercard
Card Type Airline Hybrid Hybrid Hybrid Travel Points Travel Points Hybrid Hotel Travel Points Hybrid Travel Points Travel Points Airline Travel Points Airline
Annual Fee $120 $12.99 per month ($155.88/year) $250 $799 $150 $139 $149 $120 $120 $120 $120 $150 $139 $139 $119
Limited Time Annual Fee Offer N/A N/A N/A N/A $0 in the first year $0 in the first year $0 in the first year N/A N/A N/A $0 in the first year $0 in the first year $0 in the first year $0 in the first year N/A
Additional Card Fee $50 with benefits $0 to earn points only $0 $0 for first card, $50 any additional $250
($0 for first two Gold, then $50)
$50 $50 $0 $0 $50 for first card, $0 any additional $50 $29 $0 for the first card $50 for additional cards $75 $50 $59
Interest Rate 30% non-revolving 21.99% Purchase † 21.99% Cash Advance † 21.99% Purchase 21.99% Cash Advance 30% non-revolving 20.99% Purchase † 23.99% Cash Advance † 20.99% Purchase 22.99% Cash Advance 20.99% Purchase 22.99% Cash Advance 21.99% Purchase 21.99% Cash Advance 19.99% Purchase 22.99% balance transfers / 24.99% Cash Advance 19.99% Purchase 22.99% Cash Advance 20.99% Purchase 22.99% Cash Advance 20.99% Purchase 22.99% Cash Advance 20.99% Purchase 22.99% Cash Advance 20.99% Purchase † 22.99% Cash Advance † 19.99% Purchase 21.99% Cash Advance
Foreign Transaction Fee 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 0% 2.5% 2.5% 2.5% 0% 0% 2.5% 2.5% 2.5%
Minimum Income Requirements N/A N/A N/A N/A $80,000 (individual)
or $150,000 (household)
$60,000 personal or $100,000 household annual income $80,000 personal or $150,000 household annual income N/A $80,000 (individual)
or $150,000 (household)
$60,000 (individual)
or $100,000 (household)
$12,000 $60,000 personal or $100,000 household annual income $60,000 personal or $100,000 household annual income $60,000 personal or $100,000 household annual income $80,000 personal or $150,000 household annual income
Current Welcome Bonus 50,000 points 15,000 points 60,000 points Up to 140,000 points 60,000 points 40,000 points 50,000 points 50,000 points 30,000 points 55,000 points 45,000 points 25,000 points 50,000 points
(This offer is not available for residents of Quebec. For Quebec residents, please click here.)
135,000 points $700
Welcome Bonus Value
(When redeemed for travel)
$750 or more $150 $600 to $1,200 or more $1,400 to $2,800 or more $400 $400 or more $250 or more $500 or more $300 $550 or more $450 $250 $750 or more $540 - $675 $700
Renewal or Additional Bonus 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $10,000 spend on the card 5,000 bonus points for approved referrals to the card (up to 75,000 points annually) 7,500 bonus points for approved referrals to the card (up to 112,500 points annually) 10,000 bonus points for approved referrals to the card (up to 225,000 points annually) N/A N/A N/A Annual Free Night Award (up to 35,000 points) to use at eligible hotels and resorts worldwide 10% extra points awarded on your birthday for your spending over the previous 12 months (Capped at 15,000 points) N/A N/A 10,000 points if you spend $40,000 annually 1,000 Status Qualifying Miles and 1 Status Qualifying Segment for every $10,000 spend on the card 10% extra points awarded on your birthday for your spending over the previous 12 months (Capped at 10,000 points) Receive a Status Lift of $500 in tier qualifying spend for every $15,000 in everyday purchases on your WestJet RBC World Elite Mastercard.1 You can earn three lifts each qualifying year (January 1 – December 31) for a total of $1,500 in tier qualifying spend.
Travel Purchases Earn Rate 2 points per dollar spent with Air Canada
otherwise 1 point per dollar spent
2 points per dollar spent 2 points per dollar spent 2 points per dollar spent 5 points per dollar spent^ 2 points per dollar spent via CIBC Rewards Centre otherwise 1 point per dollar 6 points per dollar spent^ 5 points per dollar spent at Marriott properties worldwide other 2 points per dollar 1 point per dollar spent 1.25 points per dollar spent 1 point per dollar spent 1 point per dollar spent 1.5 points per dollar spent with Air Canada
otherwise 1 point per dollar spent
8 points per dollar spent (ExpediaForTD only)
2 points per dollar spent (all other travel)
2% back per dollar spent with WestJet
1.5% back per dollar spent (all other travel)
Grocery Purchases Earn Rate 1 point per dollar spent 5 points per dollar spent ^
2 points per dollar spent 1 point per dollar spent 1 point per dollar spent 1.5 points per dollar spent^ 4 points per dollar spent 2 points per dollar spent 5 points per dollar spent ^
1 point per dollar spent
6 points per dollar at Sobeys, Safeway, etc.
5 points per dollar spent at all other grocery stores (in Canada only) ^
3 points per dollar at Sobeys, Safeway, etc.
2 points per dollar spent at all other grocery stores
1.5 points per dollar spent 6 points per dollar spent 1.5% back per dollar spent
Dining / Food Delivery Purchases Earn Rate 1.5 points per dollar spent 5 points per dollar spent ^
1 point per dollar spent 2 points per dollar spent 3 points per dollar spent^ 1 point per dollar spent 2 points per dollar spent 2 points per dollar spent 5 points per dollar spent ^
1 point per dollar spent
5 points per dollar spent (in Canada only)^ 2 points per dollar spent 1 point per dollar spent 6 points per dollar spent 1.5% back per dollar spent
Entertainment Purchases Earn Rate 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 3 points per dollar spent^ 1 point per dollar spent 2 points per dollar spent 2 points per dollar spent 1 point per dollar spent 1 point per dollar spent 5 points per dollar spent (in Canada only)^ 2 points per dollar spent 1 point per dollar spent 2 points per dollar spent 1.5% back per dollar spent
Gas & Transit** Purchases Earn Rate
(** May include ride share, taxi, etc.)
1 point per dollar spent 2 points per dollar spent 2 points per dollar spent (Gas only) 1 point per dollar spent 1 point per dollar spent 1.5 points per dollar spent^
(Gas only)
4 points per dollar spent (Gas only) 2 points per dollar spent 1 point per dollar spent 1 point per dollar spent 3 points per dollar spent (in Canada only) ^ 2 points per dollar spent (Transit Only) 1.5 points per dollar spent (Gas only) 2 points per dollar spent 1.5% back per dollar spent
Drug Store Purchases Earn Rate 1 point per dollar spent 1 point per dollar spent 2 points per dollar spent 1 point per dollar spent 1 point per dollar spent 1.5 points per dollar spent^ 4 points per dollar spent 2 points per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 2 points per dollar spent 1.5% back per dollar spent
Streaming Services 1 point per dollar spent 3 points per dollar spent 1 point per dollar spent 1 point per dollar spent 3 points per dollar spent^ (if considered a recurring bill) otherwise 1 point per dollar 1 point per dollar spent 2 points per dollar spent 2 points per dollar spent 5 points per dollar spent ^ 1 point per dollar spent 3 points per dollar spent (in Canada only) 1 point per dollar spent 1 point per dollar spent 4 points per dollar spent (if considered a recurring bill) otherwise 2 points per dollar 1.5% back per dollar spent
Other Digital Media, Membership & Household Utility Purchases Earn Rate 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 3 points per dollar spent^ (if considered a recurring bill) otherwise 1 point per dollar 1 point per dollar spent 2 points per dollar spent 2 points per dollar spent 5 points per dollar spent ^ 1 point per dollar spent 3 points per dollar spent (in Canada only) 1 point per dollar spent 1 point per dollar spent 4 points per dollar spent (if considered a recurring bill) otherwise 2 points per dollar 1.5% back per dollar spent
Other Recurring Bills that are not part of the two rows above 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 3 points per dollar spent^ 1 point per dollar spent 2 points per dollar spent 2 points per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 4 points per dollar spent 1.5% back per dollar spent
All Other Purchases Earn Rate 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 2 points per dollar spent 2 points per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 1 point per dollar spent 2 points per dollar spent 1.5% back per dollar spent
^ Annual cap on bonus category spending N/A $30,000 for eats and drinks N/A N/A $15,000 on travel
$10,000 each for dining, entertainment & recurring bills
$80,000 in gross annual spending across all categories $50,000 on travel N/A $50,000 per category ($250,000 in total) N/A $50,000 in spending in accelerated categories $50,000 in spending in accelerated categories $80,000 in gross annual spending across all categories $25,000 in annual spending across accelerated categories N/A
Value of points per $1 spent when redeemed for travel 1.5 to 3 cents
1 to 5 cents
(1.5 to 10 cents when using Fixed Points for Travel)
1 to 2 cents
(1.5 to 4 cents when using Fixed Points for Travel)
1 to 2 cents
(1.5 to 4 cents when using Fixed Points for Travel)
0.67 to 3.34 cents 1 to 2 cents
(Aventura chart value: up to 4 cents)
1 to 3 cents 2 to 5 cents 1 to 5 cents
(1.1 to 5.5 cents with the Birthday Bonus)
1 to 1.25 cents 1 to 6 cents 1 to 3 cents 1.5 cents to 2.25 cents or more Expedia for TD travel bookings: 1 to 4 cents
(1.1 to 4.4 cents with birthday bonus)
Any other travel bookings: 0.8 to 3.2 cents
(0.88 to 3.52 cents with birthday bonus)
1.5% to 2%
Miles/Points deposited to Air Canada Aeroplan Membership Rewards Membership Rewards Membership Rewards BMO Rewards CIBC Rewards HSBC Rewards Marriott Bonvoy MBNA Rewards Avion Rewards Scene+ Scene+ Air Canada Aeroplan TD Rewards WestJet Rewards
Travel Redemption Rate Varies 1,000 points = $10
for any travel booked with any travel provider
or
a 1.5% to 10% return for travel booked via Amex's Fixed Points for Travel program
1,000 points = $10
for any travel booked with any travel provider
or
a 1.5% to 2% return for travel booked via Amex's Fixed Points for Travel program
1,000 points = $10
for any travel booked with any travel provider
or
a 1.5% to 6% return for travel booked via Amex's Fixed Points for Travel program
150 points = $1 1,000 points = $10
for any travel booked with CIBC Rewards
or
up to a 4% return for travel booked via the Aventura Flight Rewards Chart
1,000 points = $5 Varies 100 points = $1 1,000 points = $10
for any travel booked with Avion Rewards Travel
or
up to a 2.91% return for travel booked via the Avion Air Travel Redemption Schedule
1,000 points = $10
(minimum redemption is 100 points)
1,000 points = $10
(minimum redemption is 100 points)
Varies 1,000 points = $4 (Any travel redemption)
1,000 points = $5 (ExpediaForTD redemption)
1.5% to 2%
Exchange Options N/A Convert points to:
6 airline programs and 2 hotel programs
Convert points to:
6 airline programs and 2 hotel programs
Convert points to:
6 airline programs and 2 hotel programs
N/A N/A Convert points to:
3 airline programs
Convert points to:
40+ airline programs
N/A Convert points to:
4 airline programs and Hudson's Bay Rewards
N/A N/A N/A N/A N/A
Cash Back Redemption Rate N/A 1,000 points = $10 statement credit 1,000 points = $10 statement credit 1,000 points = $10 statement credit 200 points = $1 statement credit 4,000 points = $25 statement credit 25,000 points = $75 statement credit N/A 120 points = $1 statement credit 17,200 points = $100 statement credit 3,000 points = $20 statement credit
4,500 points = $30 statement credit
7,500 points = $50 statement credit
11,000 points = $75 statement credit
14,500 points = $100 statement credit
21,500 points = $150 statement credit
43,000 points = $300 statement credit
71,500 points = $500 statement credit
3,000 points = $20 statement credit
4,500 points = $30 statement credit
7,500 points = $50 statement credit
11,000 points = $75 statement credit
14,500 points = $100 statement credit
21,500 points = $150 statement credit
43,000 points = $300 statement credit
71,500 points = $500 statement credit
N/A 400 points = $1 statement credit N/A
Value of points per $1 spent for cash back redemptions N/A 1% to 5% 1% to 2% 1% to 3% 0.5% to 2.5% 0.69% to 1.25% 0.6% to 1.8% N/A 0.83% to 4.15% 0.58% to 0.73% 0.67% to 4.2% 0.67% to 4.2% N/A 0.5% to 2%
(0.55 to 2.2% with birthday bonus)
N/A
Annual Credit N/A N/A $100 Annual Travel Credit
NEXUS Credit: $50 every 48 months
$200 Annual Travel Credit
$200 Annual dining credit
NEXUS Credit:$100 every 48 months
N/A N/A $100
(Towards travel enhancements only)
15 elite nights credited each year N/A N/A N/A N/A NEXUS Credit: Up to $100 every 48 months $100
(Towards select travel bookings of $500 or more with Expedia for TD)
N/A
Annual Companion Voucher No No No No No No No No No No No No No No Yes
Travel to Canada and the Continental US for $119 CAD
Travel to the rest of the WestJet network for $399 CAD
Airport Lounge Access Membership No No Yes Yes Yes Yes Yes No Yes No No Yes No No Yes
Airport Lounge Access Annual Passes 0 0 4 Unlimited 4 4 0 0 0 0 0 6 0 0 0
Free Global Wi-Fi No No No No Yes No Yes No Yes No No No No No Yes
Common Carrier Travel Accident Insurance $500,000 $250,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000 $1,000,000 $500,000 $500,000 $500,000 $500,000 $500,000 $500,000
Flight Delay Insurance 4 hours
$500 in total
4 hours
$500 in total
4 hours
$500 in total
4 hours
$1,000 per person
4 hours
$500 in total
4 hours
$500 in total
6 hours
$250 per day / $500 max
4 hours
$500 in total
4 hours
up to $500 per person
4 hours
$250 per person / $500 in total
4 hours
$500 in total
4 hours
$500 per person
4 hours
up to $500 per person
4 hours
up to $500 per person
4 hours
up to $500 per person
Delayed Baggage Insurance 6 hours
$500 in total
6 hours
$500 in total
6 hours
$500 in total
6 hours
$1,000 per person
6 hours
$500 per trip
6 hours
$500 per person / $1,000 in total
6 hours
$200 per trip
6 hours
$500 in total
4 hours
up to $1,000 per person
4 hours
$500 per person / $2,500 in total
4 hours
$1,000 in total
4 hours
$1,000 in total
6 hours
up to $1,000 per person
6 hours
up to $1,000 per person
4 hours
up to $500 per person
Lost / Stolen Baggage Insurance $500 in total $500 in total $500 in total up to $1,000 up to $500 per person / $1,000 max per trip $500 per person / $1,000 in total up to $1,000 per person $500 in total Up to $1,000 per person $500 per person / $2,500 in total $1,000 in total $1,000 in total Up to $1,000 per person Up to $1,000 per person None
Damaged Baggage Insurance $500 in total $500 in total $500 in total up to $1,000 up to $500 per person / $1,000 max per trip $500 per person / $1,000 in total up to $750 per person $500 in total None None None None None None None
Trip Cancellation Insurance None None $1,500 per person up to $3,000 maxmimum per account $2,500 per person up to $5,000 maxmimum per account $1,500 per person (max $5,000) $1,500 per person (max $5,000) $2,000 per person (max $5,000) None None $1,500 per person
(up to $5,000 per trip)
Yes $1,500 per person
(up to $10,000 per trip)
Yes $1,500 per person
(up to $10,000 per trip)
Yes $1,500 per person up to $5,000 maximum per account Yes $1,500 per person (max $5,000) None
Trip Interruption Insurance None None $1,500 per person up to $6,000 maxmimum per account $2,500 per person up to $6,000 maxmimum per account $2,000 per person (max $10,000 per trip) $2,000 per person $2,000 per person (max $5,000) None None $5,000 per person
(up to $25,000 per trip)
$1,500 per person
(up to $10,000 per trip)
$2,500 per person
(up to $10,000 per trip)
Yes $2,500 per person up to $25,000 maximum per account $5,000 per person (max $25,000) Yes
$5,000 per person up to $25,000 maximum per account
Travel Medical Insurance up to 64 years old None 15 Days 15 Days 15 Days 21 days - up to $5 million 15 days 31 days None 21 Days 15 Days 25 Days 25 Days 21 Days 21 Days 15 days
Travel Medical Insurance 65+ None None None None None 3 Days 21 days None None 3 Days 3 Days 3 Days 4 Days 4 Days 3 days
Auto Rental/Loss Damage Insurance 48 Days
Up to $85,000 MSRP
48 Days
Up to $85,000 MSRP
48 Days
Up to $85,000 MSRP
48 Days
Up to $85,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
31 Days
Up to $65,000 MSRP
48 Days
Up to $85,000 MSRP
31 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days
Up to $65,000 MSRP
48 Days Up to $65,000 MSRP 48 days Up to $65,000 MSRP
Hotel / Motel Burglary Insurance Up to $500 Up to $500 Up to $500 Up to $1,000 Yes
Up to $1,000
Up to $2,500 Up to $1,000 Up to $500 None Up to $2,500 Up to $1,000 Up to $1,000 Up to $2,500 per occurrence Up to $2,500 per occurrence Up to $2,500 per occurrence
Purchase Protection 90 Days
up to $1,000 per occurrence
90 Days
up to $1,000 per occurrence
90 Days
up to $1,000 per occurrence
120 Days
up to $1,000 per occurrence
90 Days
Up to $60,000 lifetime
90 Days
Up to $60,000 lifetime
90 Days Up to $60,000 lifetime 90 Days up to $1,000 per occurrence 90 Days Up to $60,000 lifetime 90 Days Up to $50,000 annually 90 Days Up to $60,000 lifetime 90 Days
Up to $60,000 lifetime
90 Days
Up to $60,000 lifetime
90 Days
Up to $60,000 lifetime
90 Days
Max $50,000 in a lifetime
Price Protection None None None None None None Yes None None None None None None None None
Extended Warranty Plan Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year Up to 1 extra year
Mobile Device Insurance None Up to $1,000 None None None Up to $1,000 Up to $1,000 None Up to $1,000 Up to $1,500 None None Up to $1,000 Up to $1,000 None
Link to Apply

                               

This chart was first posted on September 17, 2004 and is updated on a regular basis.

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American Express

American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply


BMO

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CIBC

This is a digital-exclusive offer.† To be eligible for this offer, you must apply for a new eligible card using the “Learn More” link available on this webpage.†

†Conditions Apply


HSBC

*Terms and Conditions apply ®/TM Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to licence This offer is only available to residents of Canada other than the province of Quebec (Quebec residents eligible for separate offer)


MBNA

‡ ††, ‡, ✪, ***, ††††, Terms and Conditions apply.

This offer is not available for residents of Quebec. For residents of Quebec, please click here.

Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.

The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank..


RBC

Corresponding legal references and product terms are available on the RBC website, which will be available and agreed upon in the customer onboarding process.


TD

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