The 10 Best Travel Rewards Credit Cards
By: Lindsey Boycott on May 27, 2015 
Is travelling your passion? Do you like to get the best bang for your buck? These travel rewards credit cards will help you get to where you want to go. Check out my favourite ten travel rewards cards, five with annual fees and five without. Make sure you are comparing credit card offers to make sure you're getting the best deal.
Top Five Travel Rewards Cards with Annual Fees
| Credit Card | Annual Fee | Bonus | Points Earned | Points Redemption | Perks |
| The BMO Rewards World Elite MasterCard | $150 | Sign up bonus, 30,000 points worth $300; no annual fee for 1st year | 2.0% return on all purchases | No blackout dates for booking travel | VIP Airport Lounge Access (worth $200 a year). Excellent suite of insurance and benefits. |
| Scotiabank American Express Card | $99 | A 15,000 point sign up bonus that is worth $150 of travel | Earn 4 points for every dollar spent at eligible locations (up to $50,000). Earn 1 point at all other locations. | The ability to redeem your points for any travel bookings from any travel provider | Lower annual fee, supplementary fee than other cards. Excellent suite of insurance, benefits. |
| TD First Class Travel Visa Infinite Card | $120 | Welcome bonus of 20,000 TD points. Additional bonuses applicable. Annual fee reimbursed for first year | 1.5% return on all purchases plus a 4.5% return on travel booked via Expedia or TD Rewards. | Can start redeeming at 10,000 points or as little as $3,333.34 in spending. Redeem your points for any travel bookings from any travel provider | An excellent suite of insurance and benefits |
| CIBC Aventura Visa Infinite card | $120 | Welcome bonus of 30,000 Points that is worth $300 in travel rewards | 2.0% return on all purchases | The ability to stretch points by applying them to cheaper flights The ability to partially redeem points and pay for the balance with cash | VIP Airport Lounge Access An excellent suite of insurance and benefits. |
| Capital One Aspire World Travel Elite Mastercard | $120 | Welcome bonus of 10,000 Points that is worth $100 in travel rewards | 2.0% return on all purchases | Redeem for as little as 15,000 points on travel Can also redeem for gift cards and cash | No limit to the amount of miles you can earn |
Top Travel Rewards Cards with No Annual Fees
| Credit Card | Bonus | Points Earned | Points Redemption | Perks |
| American Express Blue Sky Credit Card | If you spend $500 in the first 90 days, get 10,000 points | 1.25% earned on all purchases | No blackout dates, no advance purchase requirements, and no seat restrictions | Points can be redeemed against booked travel up to 12 months after the charge is posted |
| Capital One Aspire Travel Platinum Mastercard | Welcome bonus of 5,000 points after first purchase | 1% earned on all purchases | Redeem for as little as 15,000 points on travel, also redeem for gift cards, cash | 25% extra miles every year |
| American Express Air Miles Credit Card | Welcome bonus of 500 Air Miles | 1 Mile per $15 at Air Miles Sponsors 1 per $20 on all other purchases | Can redeem points for over 1000 rewards | Pay 0% interest in first 6 months** for Balance Transfer. Shop eligible Air Miles Sponsors with card and Air Miles Collector Card; earn reward miles twice |
| BMO Air Miles Mastercard | Welcome bonus of 500 Air Miles | 1 Mile per $20 on all purchases | Can redeem points for over 1000 rewards | Shop at participating Air Miles Sponsors across Canada with your Card and your Air Miles Collector Card, and you can earn reward miles twice |
| CAA Rewards Mastercard | N/A | 1% earned on eligible purchases in CAA Dollars, 2% at Husky Gas Stations, more at CAA preferred partners | N/A | Trip Interruption, Travel Accident and Car Rental Insurance Purchase Protection and Extended Warranty benefits |
Also remember to compare travel insurance quotes before you take to the skies with all your free travel rewards points. Happy trails!
Image Courtesy of ©iStock.com
