Best Travel Rewards Cards in Canada for 2020

Canadian Flag Blowing in the Wind

By Kelly MacMurphy

  I

Sept 14, 2020

Share on facebook
Share on twitter
Share on pinterest
Share on whatsapp
Canadian Flag Blowing in the Wind

Best Travel Rewards Cards in Canada

By Kelly MacMurphy

  I

September 14, 2020

Can You Imagine Earning Flights and Accommodations While Making Purchases at the Same Merchants You're Already Shopping At?

We know why you’re here. It’s no secret that you, like all of us Rate Raiders, but especially me (wink, wink), are travel junkies. Am I right, or am I right?

Like so many other Canadians coast to coast, you get pumped for your next trip. You absolutely can’t wait, and you live for those moments every day, planning for that next adventure.

Whether you’re sitting behind your desk crunching numbers or toiling away with your hard working hands – you sit on the edge of your seat (or the edge of a steel beam, if you’re a skyscraper engineer) preparing for your next getaway!

But instead of paying for your airfare and accommodations with your salary or paycheque, consider using all those points you’ve racked up over the past year with your travel rewards credit card.

Limited Time Bonus Points Welcome Offer

Cardholder Satisfaction Rating

4.5

4.5/5

American Express Cobalt Credit Card

Annual Fee

$120

(Billed $10 monthly)

Receive bonus points or cashback for Canadian credit cards

Up to 30,000 bonus points during first year

5 times the usual amount of points

5 points per dollar on eligible “Eats and Drinks”

2 times the usual amount of points

2 points per dollar on eligible travel & transit

Choose from any airlines with no blackout dates

Flexible redemption • All airlines • No blackouts

Redeem Points for Eats and Drinks, Streaming Services, Concert Events, Amazon Purchases and much more…

Apply Now for Bonus Points Welcome Offer

Cardholder Satisfaction Rating

4.0

American Express Cobalt Credit Card

No Annual Fee Graphic

Up to 30,000 bonus points during first year

No Annual Fee Graphic

5 points per dollar on "Eats & Drinks"

No Annual Fee Graphic

2 points per dollar on eligible travel & transit

No Annual Fee Graphic

Flexible redemption for flights • All airlines • No blackouts

No Annual Fee Graphic

Optionally, redeem points for:

  • Eats and Drinks
  • Streaming Services
  • Concert Events
  • Amazon Purchases
  • and much more...

Fresh Produce Markets, Crème Brûlée Latte's, Microbreweries, Craft Beer, Spicy Pad Thai or Angel Hair Marinara with Sweet Basil.

What do all of these items have in common with each other, besides being part of the basic food groups?

They all have the potential to accumulate travel points!

Earn Points While You Eat.

Spending a lot of time at grocery stores and cafés? On your weekends and evenings are you at your favourite Italian restaurant where they serve homemade gnocchi in a vodka creme rosé?

Maybe you find yourself out with good friends at a local pub for live music and a pint of your favourite amber beer with roasted crystal malts and a slightly medium, notably caramelized character.

Don't Use Cash Silly. Charge it to Your Card.

If you’re eating out a lot lately; ordering takeout or delivery, then consider going with a card that offers double, triple or even quintuple points per dollar in the food and restaurant category.

One such card is the American Express Cobalt Card.

With this card you can earn an equivalent monetary value of over three and a half percent back in points to use towards travel redemptions on all airlines (optionally using points to include airline fees and taxes as well) with no blackout dates.

They even offer a limited-time welcome bonus; a hefty reward of up to 30,000 points – 2,500 points for every month you charge at least $500 to the card, no matter the retailer.

That’s the equivalent of a $300 value towards flights with the Fixed Points Travel Program , a value not to be overlooked.

Earn Points at Gas Stations and on Public Transit.

At the Pump.

Does your work force you to travel frequently; spending countless hours in your car, sitting hopelessly in traffic – idling, burning gas and twiddling your thumbs.

Take advantage of your newfound quiet time in the car.

While you gaze at Waze for any sign of traffic updates and life beyond this gruelling moment you could be earning points. All this time wasted and you never knew – you could have been accumulating points every time your vehicle gets a big gulp at the pump.

On Trains, Taxis, Ride-Sharing and Bike Sharing.

Go on and use public transit. Head on down to the subway and get yourself to work. Share an Uber to get you to where you’re going. Do it all.

Just don’t forget to charge it all to your favourite travel rewards card.

Best 3 Travel Rewards Cards

At a Glance

$150

(Waived for first year) 

Annual Fee

$120

Annual Fee 

$120  (Billed $10/month)

Annual Fee 

Distinguishing Features

Earn 3 BMO points on dining, travel and entertainment

Earn 3 BMO World Elite Points for every $1 spent on dining, travel and entertainment

World Access Wifi -No extra fees or roaming charges
Choose from over 1 million global Wi-Fi hotspots. No added fees. No roaming charges
Access to over 1000 airport lounges worldwide and includes 4 complimentary passes
Receive Rewards when buying groceries

Earn 5 Scotia Rewards points for every $1 in groceries, restaurants and entertainment 

Great card for those with fair to good credit
Very accessible card for those with lower yearly incomes! Min Income of $12,000
No Foreign Exchange Fees on Canadian credit cards
No Foreign Exchange Fees! Scotiabank now joins the elite few to offer foreign transaction exemptions
Hamburger Fries and Coke
Earn 5 American Express Cobalt points for every $1 spent on food and drinks
Upgraded Room
Receive complimentary room upgrade when available and up to $100 USD Hotel Credit applied towards on site amenities
Front of the Line Entertainment Access
“Front of the Line” Entertainment Access with exclusive premium reserved seating available only to American Express

Special Offers

40 Thousand Bonus Points

Get a heaping welcome bonus of 40,000 points after spending $3000 in purchases in your first 3 months

20 Thousand Bonus Points

Spend $1000 in first 3 months and receive 20,000 bonus rewards points

30 Thousand Bonus Points

Earn 2,500 for every month that you charge $500 minimum to card, up to 30,000 bonus points in the first year 

Best 3 Travel Rewards Cards

At a Glance

BMO World Elite Mastercard

4.5/5
$150
Annual Fee

(Fee waived the first year) 

Distinguishing Features

Earn 3 BMO points on dining, travel and entertainment

Earn 3 BMO World Elite Points for every $1 spent on dining, travel and entertainment

World Access Wifi -No extra fees or roaming charges
Choose from over 1 million global Wi-Fi hotspots. No added fees. No roaming charges
Access to over 1000 airport lounges worldwide and includes 4 complimentary passes

Special Offers

40 Thousand Bonus Points
Get a heaping welcome bonus of 40,000 points after charging $3000 in purchases in your first 3 months
Number 2 Travel Points Credit Card

Scotiabank Gold American Express

4.5/5
$120

Annual Fee

Distinguishing Features

Receive Rewards when buying groceries

Earn 5 Scotia Rewards points for every $1 in groceries, restaurants and entertainment

Great card for those with fair to good credit

Very accessible card for those with lower yearly incomes! Min Income of $12,000

No Foreign Exchange Fees on Canadian credit cards
No Foreign Exchange Fees! Scotiabank now joins the elite few to offer foreign transaction exemptions

Special Offers

20 Thousand Bonus Points
Spend $1000 in first 3 months and receive 20,000 bonus rewards points
Number 3 Travel Points Credit Card

American Express Cobalt Card

4.5/5

$120 (Billed $10/month)

Annual Fee

Distinguishing Features

Hamburger Fries and Coke

Earn 5 American Express Cobalt points for every $1 spent on food and drinks. Includes cafe’s restaurants, bars and delivery

Upgraded Room
Receive complimentary room upgrade when available and up to $100 USD Hotel Credit applied towards on site amenities
Front of the Line Entertainment Access
“Front of the Line” Entertainment Access with exclusive premium reserved seating available only to American Express

Special Offers

30 Thousand Bonus Points
Earn 2,500 for every month that you charge $500 minimum to card, up to 30,000 bonus points in the first year

Related Topics

Share on facebook
Share on twitter
Share on pinterest
Share on whatsapp

Share With a Friend

Share With a Friend

Share on facebook
Share on twitter
Share on whatsapp
Share on pinterest