Updated June 2026 · Independently rated by the CreditCardGuru editorial team
The best travel credit cards in Canada earn flexible points or airline miles, waive foreign transaction fees, and include travel insurance and airport lounge access. The right pick depends on whether you're loyal to one airline or want flexibility. If you want the most flexible travel points, choose a card that earns transferable rewards you can move to multiple airline and hotel partners.
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For flexible, transferable travel points, the American Express Cobalt earns 5x on dining and groceries with points that transfer to airline and hotel partners. If you fly Air Canada, the TD Aeroplan Visa Infinite earns Aeroplan points plus a free first checked bag. Travellers who want zero foreign transaction fees should look at the Scotiabank Passport Visa Infinite.
For Air Canada flyers, the TD Aeroplan Visa Infinite is hard to beat thanks to a free first checked bag. For flexibility and no foreign transaction fees, the Scotiabank Passport Visa Infinite is our top all-rounder.
The Scotiabank Passport Visa Infinite and Scotiabank Gold American Express both waive the usual 2.5% foreign transaction fee, saving you money on every purchase made in another currency.
Often yes. Transferable points and airline miles can be worth 2 cents or more each when redeemed for flights, versus a fixed 1 cent for cash back — but only if you redeem them well.
Want to see how these stack up against every other card? Compare all credit cards or read how we rate cards.
