With all the choices available these days, it can be tricky to choose the right credit card for your needs. If you like to travel a lot, it would make sense to get a credit card that helps you pay towards your travel expenses. Some card issuers even have dedicated websites from where you can book flights directly using the points you have earned. While some card issuers are flexible with where the travel is booked from. Each rewards credit card has different terms, point values and redeeming methods - so you should make sure you understand the card agreement for each card you're considering to apply for. CompareMyRates.ca has your back, so take advantage of our comparison charts and find the best travel credit card in Canada.
If you like to travel more for less, apply for a travel credit card and start earning reward points. If you use a credit card, it makes sense to take advantage of ways you can get paid back. A lot of travel credit cards offer new customer sign up bonuses, travel and medical insurance, rewards for everyday purchases. Each time you make a “qualified purchase” using your card, the bank issuing the credit card rewards you with points. When you earn enough points, you can redeem them for your next travel expense. Understanding your personal spending habits and what reward(s) you would receive from any credit card will help you choose the best credit card for you. The variety of benefits may vary, and you will want to look for surcharges that may be hidden in the fine print. We help you compare the best credit cards in Canada.
For frequent travelers, choosing credit cards focused on providing their customers the best deals on hotels, access to airline lounges, no blackout dates, no foreign transaction fees and other travel-related amenities is a must.
Travel Rewards Credit Cards usually provide the same perks to their members such as no annual fees - usually applied to the first year as an introductory rate upon signing up - and big bonus points for certain amounts of purchases made on their credit cards. Discounted rates and cash back rewards are oftentimes also included in the mix.
But for travelers, the biggest perks are the additional incentives thrown in by the Travel Rewards Credit Card providers which enable them to enjoy travel-related benefits. The most popular incentive is being able to earn mileage points. The members can take advantage of flying for free to their chosen destinations depending on a number of points earned and even earn free lodging accommodations in the hotels of their choice.
Best Travel rewards credit card Canada
It's very difficult to live nowadays without a credit card in a country like Canada as the modern service providers perform transactions with these cards. For example, if you try to book a hotel room or an airline seat, it's a tedious job unless you have a credit card. Rewards credit cards offer you extra rewards along with the convenience in this case. These rewards are calculated as points over the total usage of your credit accounts in a specific period of time. If you have Travel Rewards Credit Cards, you will have some bonus points to meet your travel needs. It will enable you to plan for your travels faster than ever.
If you are a frequent traveller, you must have known how much time you save by using a credit card. You can book your transports and facilities easily online with your credit card as it can be done by a simple click at your home computer. Wouldn't it be nice if you could use your credit card for general purchases and get some bonus points to maintain your travelling expenses? It could save you a lot of cash. That's the main idea behind the travel rewards cards. Can you imagine how much time and effort could be saved by this? You wouldn't need to stand up in queues for tickets. For example, if you wish to visit Disney amusement parks, you would have to wait for the tickets in long queues. Rather if you have a credit card, you can reserve that ticket almost instantly upon the availability.
If you wonder how these cards can help you to manage your dream vacations, here are some hints. These cards are actually co-branded with some renowned companies. They have a business deal to offer you some bonuses and discounts against your card usage. The banks or other financial organizations will assign reward points and the famous brands will give you discounts if you carry that credit card to avail their services. All three of you are benefitted in return.
There are some instances when you will be treated as special customers if you own these travel cards. Maybe you never have bought a first-class ticket on an airline but you could win a first-class ticket by your travel credit card. There are some special discounts if you and your family members travel together. Traveling packages sometimes work in collaboration with these credit cards. Maybe you never won a lottery or got rewards, but these travel cards can bring you that fortune.