The american express cobalt continues to cement its place as one of canada s best travel credit cards in 2020 offering five points for every dollar spent on eats and drinks and two points per dollar on travel and transit when redeemed for hotel stays or flights on any airline points are worth 0 01 each. On top of that cardholders also get an extra free night annually and can rapidly rack up more marriott bonvoy points with their regular spending.
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If you are looking to just buy a ticket at a cash fare and get that reimbursed by your credit card points ie your credit card points are essentially cash then i suggest getting a 2 cashback card for all purchases the bmo world elite is the best right now due to a 300 sign up bonus but the scotiabank amex is best at 4 gas grocery and restaurants if you spend a lot at restaurants.
Best canadian travel rewards credit card. The best travel credit card in canada is also the best rewards credit card the american express cobalt. What s the best travel rewards credit card. The marriott bonvoy tm american express card is the best canadian travel credit card for nabbing these goodies with a 50000 point welcome bonus that s immediately enough for 3 free nights at category 2 hotels in marriott s vast international network.
Based on the results from our unbiased math based ratings algorithm our current top pick for the best travel credit card in canada is currently the american express cobalt card. You ll get 5 amex membership rewards points per 1 spent at restaurants bars and grocery stores 2 points per 1 spent on gas travel and transit then 1 point per 1 spent everywhere else. Overall what s the best travel credit card available in canada.
This card has a fantastic earn rate and the rewards are worth up to 1 75 cents per point. Best travel rewards credit cards for everyday spending american express cobalt with an incredible earn rate of 5 points per 1 spent on food and drinks the american express cobalt card is a.
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