Best Credit Cards for Travel in Canada (2026)

Updated May 2026 | By Prism

Looking to maximize your travel rewards? We've tested and compared every major travel credit card available to Canadians. Here are our top picks for 2026.

Quick Picks

American Express® Cobalt Card
American Express
5x
Best for Everyday Spending MR Points

Earn 5x on dining & entertainment, 3x on groceries & gas, 2x on travel. The absolute best MR earn rate for daily spending. $10/month ($120/year) billed monthly.

$120/year
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Scotiabank Gold American Express®
Scotiabank
5%
Best Overall No FX Fees

Earn 5x points on dining & entertainment, 3x on groceries & transportation, 1x on everything else. No foreign transaction fees makes it a standout.

$120/year
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American Express Platinum Card
American Express
3-4%
Premium Lounge Access

Earn 3x on travel, 2x on dining. Comes with Platinum Lounge Access, Hotel Collection benefits, and comprehensive travel insurance.

$699/year
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RBC ION Visa Infinite
RBC
2%
No Fee Entry Level

Simple 2% cash back on all purchases. No annual fee and solid travel insurance included. Great for beginners.

$0/year
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Full Comparison

Card Rewards Rate Annual Fee Best For
Amex Cobalt 5x dining/ent, 3x groc/gas $120 Everyday spending
Scotiabank Gold Amex 5x dining/ent, 3x groc/transit $120 Big spenders, diners
Amex Platinum 3x travel, 2x dining $699 Frequent travelers
TD First Class Visa Infinite 3x travel, 2x dining $120 TD customers
CIBC Aventura Visa Infinite 1.5x base + bonus $120 Aeroplan collectors
BMO World Elite 3x travel, 2x dining $120 Cash back preference
RBC ION 2% cash back $0 No-fee seekers

What to Look For

1. Foreign Transaction Fees

Many cards charge 2.5-3% on foreign purchases. If you travel at all, no-foreign-fee cards like Scotiabank Gold, Amex Platinum, or Rogers WE Mastercard save you real money.

2. Points Multipliers

Cards that give 3x-5x in categories where you spend most (dining, travel, groceries) outperform generic 1.5x cards easily.

3. Transfer Partners

AMEX MR points transfer to 14+ partners. Aeroplan and Avios are especially valuable. This is where AMEX shines over cash-back cards.

4. Travel Insurance

Premium cards include trip cancellation, medical, and flight delay insurance. If you don't have coverage elsewhere, this alone can justify the annual fee.

🏆 Our Verdict

Best for Everyday Spending: American Express Cobalt — the 5x on dining & entertainment combined with 3x on groceries makes it the highest MR earner for daily spending. Perfect pair with a travel-focused card.

Best Overall: Scotiabank Gold Amex — the 5x on dining combined with no foreign fees makes it unbeatable for most Canadians.

Best Premium: American Express Platinum — worth it if you use the lounge access and travel insurance regularly.

Best No-Fee: RBC ION Visa Infinite — simple 2% everywhere with solid insurance.

Ready to Apply?

Use our links above or check each provider's website for current sign-up bonuses. Bonuses change frequently — apply when you see a good offer.