How do I choose the best credit cards for international travel?
Look for cards with no foreign transaction fees to avoid extra charges on purchases made abroad. Comprehensive travel insurance coverage, including trip cancellation, medical emergencies, and rental car insurance, is essential for international travel.
Consider a rewards program that offers points or miles that can be redeemed for flights, hotels, and other travel expenses. Access to airport lounges can enhance your travel experience with amenities like food, drinks, and comfortable seating.
Some premium cards offer concierge services to assist with travel bookings, restaurant reservations, and other needs.
What are the best credit cards for travel to the USA?
For travel to the USA, selecting the right credit card can enhance your experience with benefits such as rewards on travel purchases, no foreign transaction fees, and travel insurance.
- American Express Cobalt Card
- Scotia PassportVisa Infinite Card
- TD First Class Travel Visa Infinite Card
- RBC Avion Visa Infinite
- BMO World EliteMastercard
- CIBC Aventura Visa Infinite Card
- MBNA Rewards World Elite Mastercard
Do travel cards offer free lounge access?
Yes, some travel credit cards in Canada offer free lounge access as one of their perks. This can be a valuable benefit for frequent travelers, as it provides access to airport lounges where you can enjoy amenities like comfortable seating, complimentary food and beverages, Wi-Fi, and more.
What Canadian banks offer air miles credit cards?
Several Canadian banks offer AIR MILES credit cards, which allow you to earn AIR MILES reward miles on your purchases.
- BMO - BMO AIR MILES Mastercard
- Scotia - Scotiabank AIR MILES Platinum American Express Card
- American Express - American Express AIR MILES Reserve Credit Card
- CIBC - CIBC Aventura Visa Infinite
- MBNA - MBNA Rewards Platinum Plus Mastercard
As an alternative, you can also take out a personal loan. Your possible expenses:
Personal loan calculations for 1 year (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 20,000 | 8.30% | 899 |
| 20,000 | 11.30% | 1,224 |
| 20,000 | 14.30% | 1,549 |
| 50,000 | 8.50% | 2,302 |
| 50,000 | 11.50% | 3,115 |
| 50,000 | 14.50% | 3,927 |
| 100,000 | 8.70% | 4,713 |
| 100,000 | 11.70% | 6,338 |
| 100,000 | 14.70% | 7,963 |
| 200,000 | 8.90% | 9,642 |
| 200,000 | 11.90% | 12,892 |
| 200,000 | 14.90% | 16,142 |
How many points can I gain on a travel card?
The number of points you can earn on a travel credit card in Canada varies depending on the card and the type of purchase.
Here’s a general overview of how points accumulation works with some popular travel credit cards:
1. American Express Platinum Card
3 Membership Rewards points per $1 on travel and dining.
2 points per $1 on other purchases.
2. Scotiabank Gold American Express Card
5 Scotia Rewards points per $1 on grocery, dining, and entertainment purchases.
1 point per $1 on other purchases.
3. BMO World Elite Mastercard
3 BMO Rewards points per $1 on travel, dining, and entertainment.
1.5 points per $1 on all other purchases.
4. RBC Avion Visa Infinite Privilege
1 RBC Rewards point per $1 on everyday purchases.
1.5 points per $1 on travel purchases.
5. CIBC Aeroplan Visa Infinite Privilege Card
2 Aeroplan points per $1 on travel and dining.
1.5 points per $1 on other purchases.
6. TD First Class Travel Visa Infinite Card
3 TD Rewards points per $1 on travel purchases.
2 points per $1 on dining and entertainment.
1 point per $1 on other purchases.
- How do I pay my CIBC credit card balance?
- How do I prepare my BMO MasterCard statements?
- How do I redeem points in CBA?
- How do I register for the Paymi CIBC offer?
- How do I track my BMO credit card application status?
Details of companies offering the financial services:
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
Scotiabank
Head office’s address: Scotia Plaza, 44 King Street West Toronto
Contact center: 800-472-6842
Phone: 416-866-6430
Web-site: http://www.scotiabank.com/ca/en/0,,2,00.html
Swift code: NOSCCATT
Stock code: BNS
BSB: 002
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
Scotiabank
Head office’s address: Scotia Plaza, 44 King Street West Toronto
Contact center: 800-472-6842
Phone: 416-866-6430
Web-site: http://www.scotiabank.com/ca/en/0,,2,00.html
Swift code: NOSCCATT
Stock code: BNS
BSB: 002
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
TD Bank
Head office’s address: Toronto-Dominion Centre, Po Box 1 Stn Toronto Dom, Toronto
Contact center: 866-222-3456
Web-site: https://www.td.com/about-tdbfg/our-business/index.jsp
Swift code: TDOMCATTTOR
Stock code: TD
BSB: 004
TD Bank
Head office’s address: Toronto-Dominion Centre, Po Box 1 Stn Toronto Dom, Toronto
Contact center: 866-222-3456
Web-site: https://www.td.com/about-tdbfg/our-business/index.jsp
Swift code: TDOMCATTTOR
Stock code: TD
BSB: 004
TD Bank
Head office’s address: Toronto-Dominion Centre, Po Box 1 Stn Toronto Dom, Toronto
Contact center: 866-222-3456
Web-site: https://www.td.com/about-tdbfg/our-business/index.jsp
Swift code: TDOMCATTTOR
Stock code: TD
BSB: 004
TD Bank
Head office’s address: Toronto-Dominion Centre, Po Box 1 Stn Toronto Dom, Toronto
Contact center: 866-222-3456
Web-site: https://www.td.com/about-tdbfg/our-business/index.jsp
Swift code: TDOMCATTTOR
Stock code: TD
BSB: 004
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
Capital One Bank
Head office’s address: 161 Bay St. #1800, Toronto, ON M5J 2S1
Contact center: 800-481-3239
Web-site: https://www.capitalone.ca/
Swift code: NFBKUS33
BSB: 323
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
Scotiabank
Head office’s address: Scotia Plaza, 44 King Street West Toronto
Contact center: 800-472-6842
Phone: 416-866-6430
Web-site: http://www.scotiabank.com/ca/en/0,,2,00.html
Swift code: NOSCCATT
Stock code: BNS
BSB: 002
TD Bank
Head office’s address: Toronto-Dominion Centre, Po Box 1 Stn Toronto Dom, Toronto
Contact center: 866-222-3456
Web-site: https://www.td.com/about-tdbfg/our-business/index.jsp
Swift code: TDOMCATTTOR
Stock code: TD
BSB: 004