Canada’s Best Premium Travel Credit Cards: Is Now a Good Time to Sign Up?
As the world slowly begins to open up and travel restrictions ease, many Canadians are starting to plan their next vacation. And for those who love to travel in style, premium travel credit cards can offer a range of benefits and perks. But with the current economic climate, is now a good time to sign up for one of these cards?
According to a recent study by credit card comparison site, CreditCards.com, Canada’s best premium travel credit cards are still offering valuable rewards and benefits, despite the ongoing pandemic. These cards typically come with a higher annual fee, but for frequent travelers, the benefits can outweigh the cost.
One of the top contenders on the list is the American Express Platinum Card. With a hefty annual fee of $699, this card offers a range of travel perks such as airport lounge access, hotel upgrades, and travel insurance. It also has a generous welcome bonus of 50,000 points, which can be redeemed for flights, hotels, and more.
Another popular choice is the Scotiabank Passport Visa Infinite Card. With an annual fee of $139, this card offers a lower cost alternative while still providing valuable travel benefits. Cardholders can earn points on all purchases, which can be redeemed for travel expenses, and also enjoy no foreign transaction fees.
For those who prefer to stick with a specific airline, the TD Aeroplan Visa Infinite Card is a top choice. With an annual fee of $139, this card offers a range of Aeroplan benefits, including priority check-in and boarding, free checked bags, and access to Air Canada Maple Leaf Lounges. It also has a welcome bonus of up to 25,000 Aeroplan points.
But with the current state of the travel industry, is now a good time to sign up for one of these premium travel credit cards? According to experts, it depends on your personal financial situation and travel plans. If you have a stable income and are planning to travel in the near future, these cards can offer valuable benefits and rewards. However, if you are facing financial uncertainty or have no immediate travel plans, it may be best to hold off on signing up for a premium travel credit card.
In conclusion, Canada’s best premium travel credit cards are still offering valuable rewards and benefits, despite the ongoing pandemic. However, it is important to carefully consider your personal financial situation and travel plans before deciding to sign up for one of these cards. With the right card and responsible use, you can enjoy a range of perks and rewards while traveling in style.
