Truly free travel.
No annual fee travel credit cards are a rare breed.
Travel credit cards often offer:
And annual fees often reflect that…because annual fees are one way credit card companies can justify giving you all those
So, finding a travel credit card that has valuable travel rewards, any type of insurance, and a few perks … all with
no annual fee? That’s kind of like looking for Bigfoot – sightings are pretty rare.
But no matter how rare, there are still a few Canadian no fee travel cards in the wild.
Let it be noted, however, that there are some
no fee cash back credit cards that are better than no fee travel credit cards, so we included them in our list.
They may not give you points or miles ... but the nice thing about cash is that it can be used for travel.
But first, here’s a simple fact: you’re not going to find a no fee travel card that spoils you as much as the
top premium cards do. So why anyone would want to give up those “lap of luxury” cards and go with a no fee travel
card? Here are 3 reasons why a no fee travel credit card can make sense:
With that in mind, let’s take a closer look at some of the best no fee travel credit cards on the market.
Not only is the
The CIBC Aventura Visa Card is the number one Visa travel credit card on the list and with good reason. For a no fee credit
card it has quite a lot going for it.
One thing to note is that there is also an identical student version of this card, the
. So, whether you’re a student looking for a
starter credit card or you’re looking for the best no fee travel card on the market, these Aventura cards from CIBC
are both pretty solid choices.
Click “Learn More” to get the full details:
The MBNA Rewards Mastercard is a card that gives you a 1% return on spending, when you redeem your points for travel.
While the does have a higher Genius Rating, it comes with a very high personal income requirement of $80K. However, the MBNA Rewards Mastercard has no income requirement.
Even more impressive is that you get 7 different types of purchase and travel insurance. In fact, all the MBNA Platinum Plus Mastercards cover you with the same insurance package…
So, if you’re looking for a no fee card and insurance is important to you, MBNA is definitely a good place to start.
Finally to top it off, this card will get you going fast with 5,000 sign up bonus points:
Who can say no to free rewards?
Read our full review as well as user reviews here:
It's not strictly a travel credit card, but the Tangerine Money-Back Credit Card is a good one to consider if you’re
looking for a no fee option, especially if the majority of your spending is done in a few purchases categories – say
entertainment, restaurants, gas, or groceries.
This card allows you to choose up to 3 spending categories where you do most of your spending, and gives you 2% cash
back for every purchase you make at stores that fall into those categories. And, if your spending habits change, Tangerine
allows you to change your chosen spending categories at regular intervals. And although this card doesn’t give you points
or miles, it gives you cash that you can use for whatever travel you like!
The BMO Rewards Mastercard may not be on our list of best no fee travel cards, but it definitely has the best sign-up bonus for a no annual fee card. If you sign up before October 31st, 2018, you will receive 20,000 bonus BMO Rewards points worth $142 in travel – not bad for a no-fee card.
The rewards that you earn are also quite flexible – they can be redeemed for
With this card you can travel with peace of mind knowing you get travel accident insurance and up to 25% off at select National Car Rental and Alamo Rent A Car locations.
As a recap, here’s a summary of the top 5 no fee travel credit cards in Canada. We included a stand-out feature of each card and the average return on spending you can expect to get (assuming a reasonably optimal redemption).