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Best Travel Reward Cashback Credit Cards Canada

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Regardless of whether you travel weekly for business or a few times a year for a family vacation, there are a number of credit cards that offer cash-back for travelling. This might include anything from buying an airline ticket to renting a hotel. You could be well on your way to saving for your next vacation if you plan responsibly and use the right cash-back card!

Best Travel Rewards Credit Cards in Canada

50 ResultsUpdated: June 7, 2019

19.95%

Interest Rate

Free

Annual Fee

3.00%

Balance Transfer

Promotional Balance Transfer: 1.95% interest for the first 6 months

$35,000/year

Minimum Income

Min Credit Score: 640

$25 Gift Card upon Approval

More Details

Earn cash back

Earn 2% Money-Back Rewards on your everyday purchases in two 2% Money-BackCategories of your choice, and 0.50% Money-Back Rewards on all your other everyday purchases.

Earn extra Rewards

Get your Rewards deposited into your Tangerine Savings Account and get a 3rd 2% Money-Back Category.

Automatic earning

Money-Back Rewards are earned automatically on everyday purchases and paid monthly. These can be applied to your Credit Card balance or redeemed into your Savings Account.

No limits

No limit on the amount of Money-Back Rewards you can earn on your everyday purchases. Conditions apply.

Transfer and save

During your first 30 days, transfer balances and pay only 1.95% interest on the transferred balance for the first 6 months (19.95% after that).

Track and categorize your spending

Organize your transactions and stay on top of your spending, so you can see your financial habits and you’ll get a better idea of what you have left to spend each month.

Card details

Network: Mastercard
Provider: Tangerine Credit Cards
Card type: Cashback, Low Interest, No Annual Fee, Travel Rewards

Special Offers

Earn 4% Money-Back Rewards in up to 3 Categories for 3 Months

30.00%

Interest Rate

$180.00

Annual Fee

22.99%

Balance Transfer

Any Amount

Minimum Income

Min Credit Score: 640

More Details

  • Earn a bonus of 2,000 AIR MILES®* Reward Miles when you charge a total of $5,000 in purchases to your Charge Card within your first 3 months of Cardmembership.
  • You can maximize your cash flow with up to 55 interest-free days2 and enjoy purchasing power that adjusts dynamically with Card usage.
  • You can benefit from an exclusive 25% discount on business rewards when you redeem AIR MILES Reward Miles from your Dream balance for rewards from the AIR MILES For Business Rewards catalogue, an online catalogue designed especially with the small business owner in mind.
  • Earn 1 AIR MILES Reward Mile for every $10 in Card purchases at AIR MILES®* Sponsors and 1 AIR MILES Reward Mile for every $15 in Card purchases everywhere else.
  • Make the most of a suite of business management tools that give you more control over your business anytime and anywhere.
  • With the American Express AIR MILES for Business Card, your purchasing power adjusts dynamically with your Card usage, and can grow over time, as long as you make your payments on time and maintain a good credit history. That’s the power of a charge card.
  • As a Charge Card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid finance charges.
  • Foreign Transaction Fee: 2.5%
  • *American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.

Card details

Network: American Express
Provider: American Express Credit Cards
Card type: Business, Travel Rewards

Special Offers

2,000 AIR MILES®* Reward Miles when you charge a total of $5,000 in purchases to your Charge Card within your first 3 months of Cardmembership

30.00%

Interest Rate

$499.00

Annual Fee

-

Balance Transfer

Any Amount

Minimum Income

Min Credit Score: 720

More Details

  • Earn a Welcome Bonus of 40,000 points when you charge $5,000 in purchases to your Card in your first three months of Cardmembership
  • You can maximize your cash flow with up to 55 interest free days. Use the Card throughout the month for all of your everyday business expenses, and earn reward points while you're at it
  • Earn 1.25 Membership Rewards points for virtually every $1 in purchases and get the most out of your business expenses
  • Take full advantage of the American Express Global Lounge Collection which unlocks access to over 1200 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience
  • Enjoy financial flexibility with no pre-set spending limit on purchases. With this Card, your purchasing power adjusts dynamically with your Card usage, and can grow over time, as long as you make your payments on time and maintain a good credit history
  • Platinum Cardmembers can enjoy access to specialty services, preferential treatment and a dedicated Concierge team
  • As a Charge Card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid interest charges
  • Foreign Transaction Fee: 2.5%
  • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply

Card details

Network: American Express
Provider: American Express Credit Cards
Card type: Business, Travel Rewards

Special Offers

40,000 points when you charge $5,000 in purchases to your Card in your first three months of Cardmembership

30.00%

Interest Rate

$250.00

Annual Fee

-

Balance Transfer

Any Amount

Minimum Income

Min Credit Score: 640

More Details

  • In your first year as a new Cobalt Cardmember, you can earn 2,500 Membership Rewards® points for each monthly billing period in which you spend $500 in net purchases on your Card. This could add up to 30,000 points in a year
  • 30,000 points is enough for: An eligible short-haul flight using the Fixed Points Travel Program, or $300 in statement credits redeemed towards travel purchases charged to your Card or $300 worth of tickets on Ticketmaster.ca
  • Earn 5 points for every $1 spent on Card purchases at eligible restaurants, bars, grocery stores and food delivery in Canada
  • Earn 2 points for every $1 spent on eligible transit & gas purchases in Canada and eligible travel purchases. That's 2X the points on purchases that get you from point A to B
  • Earn 1 point for every $1 in Card purchases everywhere else. We won't tell you where to spend, we'll just reward you on your Card purchases
  • Cobalt Cardmembers receive regular Perks such as bonus reward offers and access to great events
  • Get advance access to tickets to some of the hottest concerts, shows and events through Front Of The Line® by American Express Invites® and advance screenings to blockbuster movies
  • Foreign Transaction Fee: 2.5%
  • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information and Terms and Conditions, click the Apply now link. Conditions Apply

Card details

Network: American Express
Provider: American Express Credit Cards
Card type: Business, Travel Rewards

Special Offers

2,500 Membership Rewards® points for each monthly billing period in which you spend $500 in net purchases on your Card

19.99%

Interest Rate

Free

Annual Fee

-

Balance Transfer

Any Amount

Minimum Income

Min Credit Score: 640

More Details

  • Get 150 Bonus AIR MILES®* Reward Miles when you spend $1,000 within the first three months of Cardmembership
  • Earn 1 mile for every $15 in Card purchases at AIR MILES®* Sponsors and 1 for every $20 in Card purchases everywhere else
  • Show your Collector Card and use your AIR MILES®* Gold Business Card at Sponsor locations to earn miles twice
  • Pay no annual fee. Plus, enjoy the flexibility to pay balances in full or over time
  • Foreign Transaction Fee: 2.5%
  • American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply

Card details

Network: American Express
Provider: American Express Credit Cards
Card type: Business, No Annual Fee, Travel Rewards

Special Offers

150 Bonus AIR MILES®* Reward Miles when you spend $1,000 within the first three months of Cardmembership

CardAnnual FeesRewards
Simply Cash Card from American Express05% cash back
Scotiabank American Express Card01 Point Per $1
American Express AIR MILES Platinum Credit Card$651 Point Per $10

 

Simply Cash Card from American Express

If you are looking for a travel rewards card with no annual fee, consider the Simply Cash Car from American Express. In addition to no annual fee, you can transfer balances for a low rate of 1.99% for a limited period of time (currently six months). You will also be rewarded with 5% cashback. You must have an excellent credit score in order to obtain this card. As a frequent traveller, you can choose the American Express Simply Cash Card. Here are some of the benefits:

  • No annual fees applicable
  • Permits the transfer of balances for a low rate of interest at 1.99% for a fixed time interval that is 6 months as of now
  • Cashback rewards of 5%
  • The requirement of an impressive credit score to qualify for the card

Scotiabank American Express Card

The Scotiabank American Express Card does not have annual fees for extras or privileges. It works as both a standalone or as a secondary card for current Scotia Rewards collectors. You receive one Scotia Rewards point for each dollar you spend on the card, valid for travel (hotels, flights, car rentals, cruises, and vacation packages), gift cards, merchandise (including Best Buy and Apple catalogues), or as a credit towards your monthly payment.

American Express AIR MILES Platinum Credit Card

Another great option is the American Express AIR MILES Platinum Credit Card. This card has a $65 annual fee and, like the last card reviewed, you can transfer balances for a low-interest rate of 1.99% for six months. With this card, you earn one reward mile for every $10 spent are certain locations, such as gas stations, drugstores, grocery stores, and AIR MILES partners. Other purchases will score you one point for every $15 spent. You can read more about the perks of this credit card here: https://www.comparemyrates.ca/credit-card-american-express/creditcard/american-express-air-miles-platinum-credit-card/

  • Applicable annual fees of $65
  • Permits the transfer of balances at low-interest rates of 1.99% for 6 months
  • Each time users spend $10 at specific grocery stores, drugstores, gas stations or other partnering AIR MILES businesses, they can earn one reward mile.
  • Purchases of every $15 at any other store earns 1 point

What are the benefits of Cashback Credit Cards?

You have most likely been solicited to join a rewards program through specific airlines, hotels, or travel agencies. Depending on the frequency with which you travel, you might prefer to continue using these cards to maximize your points and earn free flights, vacations, or hotel stays. However, cash-back travel cards do present another option for you. This type of card may be a better choice for you if you want to use the rewards to travel without blackout periods or on your own timeline, without worrying about using points before they expire. There is no need to spend your hard-earned points on stuff you do not want or need. Rather, you will receive cash-back to use as you please!

How to make the most of your CashBack Credit Card?

Many consumers have become frustrated with the point reward system for a variety of reasons. Perhaps they are forced to spend points of magazines they do not like. Or maybe their points expired before they could use them. Maybe they just felt they were not being rewarded enough for the amount they spent. These are the many reasons why cash-backs cards have increased in popularity. Many consumers like knowing that they will be rewarded with cash, which they can use however they please. Some of the cards come with added benefits, like travel insurance. It is important to note that some of these cards have annual fees. These fees tend to range from about $65 – $99 per year. Make sure you are able to earn enough rewards to offset the annual fee. Additionally, make sure you are aware of the interest rate, which can be easily compared using the website.

Conclusion

Having a good cash-back credit card for any travel plans can help you save a significant amount of money. In addition, many of these cards can also be used for daily expenses, which will help you save more quickly for your next vacation, big-ticket item, or whatever you want to reward yourself with!

Compare All Travel Rewards Credit Cards