Rbc canada banque en ligne banque royale canada en ligne Whatever you need, RBC Royal Bank has a wide range of personal banking products, services and tools to help you manage your finances, save for retirement, buy a home and much more. RBC Training Ground is a talent identification and athlete funding program designed to uncover athletes with Olympic potential.

Westjet visa rbc personal banking sign in

If you plan to fly through Canada on your way to or from the United States, you may be able to transit through Canada without a Canadian visa. As a traveller, you don’t need to apply for the Transit Without Visa (TWOV) Program. Note: Your airline must verify that you’re eligible for the program before you board your flight to Canada. If you don’t meet all the requirements below, you need to apply for a transit visa. To be eligible, you need to You must remain in a sterile transit area within the Canadian airport while you make your connection to or from the United States. This sterile transit area physically separates you and your baggage from other passengers and goods. Customs and Border Protection, where a border officer will process you for entry to the United States. If you need to leave this area for any reason, you’ll need to see a Canada Border Services Agency officer for examination. You and your baggage will be re-screened for security. Once cleared, you’ll be allowed into the departures area to proceed to your flight. When you arrive, you’ll go directly from your arrival gate to the U. When you arrive, you’ll go directly from your arrival gate to a primary inspection kiosk in the connection centre. The location of connection areas and the hours of operation may be different in each airport. Check with your airline if you have questions about the connection process for your trip. After scanning your passport at the kiosk, you’ll wait in the international departures lounge until you leave the Canadian airport. There may be situations that disrupt your travel while you are in Canada. These can include In each of these situations, you’re no longer exempt from needing a visa under the Transit Without Visa Program. You’ll need to see a Canada Border Services Agency officer for examination before you can continue your travels. This chart is part of Rewards Canada's Guide to Choosing a Travel Rewards Credit Card and is a comparison of all the Airline travel rewards credit cards in Canada. "An airline credit card earns miles directly into that airline's frequent flyer program" We also offer the following comparison charts: 15 years after we first launched these charts they get their first renovation! Now with a better left to right look (rather than up and down) and sortable columns! Westjet visa www rbc ca la banque en direct Learn how to become a WestJet Rewards member, redeem WestJet dollars, use companion vouchers, and earn more rewards with a WestJet RBC Mastercard. If you are a post secondary student and an owner or co-owner of an RBC Student Banking or RBC No Limit Banking for Students account each, an “Eligible Student Bank Account” and the primary cardholder of either the Signature ® RBC ® Rewards Visa‡ credit card, RBC Visa Cash Back credit card or WestJet RBC MasterCard credit card each. Founded in 1996, West Jet is the second-largest airline in Canada and has been growing quite a bit over the years. Beyond North America, West Jet now flies to Europe and have announced that they will be flying to Asia come 2019. In addition, they have a low cost carrier in Swoop which started flying in 2018. Their customer service has always been highly regarded, but one little known fact is that their loyalty rewards program – West Jet Rewards – is one of the best airline loyalty programs in the world. What makes it so great is that you earn West Jet Dollars with every travel expense booked through West Jet’s website so it’s essentially a cash-back program. Enrolling into West Jet Rewards is free and you can earn points immediately on flights that you have currently not taken. Unfortunately, you won’t be able to earn any West Jet Dollars on flights you have taken so you’ll want to sign up right away. If you want to increase the rate at which you earn West Jet dollars, then you should apply for one of the West Jet credit cards that are partnered with RBC. With the standard West Jet RBC Master Card, you earn 1% back in West Jet Dollars on all purchases and 1.5% back in West Jet Dollars when you book West Jet flights or vacation packages. This card has a $39 annual fee, but comes with a sign-up bonus of 50 West Jet Dollars after you make your first transaction. The premium West Jet RBC World Elite Master Card helps you earn even more West Jet Dollars. With it, you’ll earn 1.5% back in West Jet Dollars on all purchases and 2% back when you book West Jet flights or vacation packages. This card has a $119 annual fee, but comes with a sign-up bonus of 250 West Jet Dollars a $99 companion flight each year. If you want to earn West Jet Dollars for every $1 you spend, here are more details on the West Jet RBC World Elite Master Card: Make no mistake, the West Jet RBC World Elite Mastercard is a must have card if you fly West Jet regularly. Besides the maximum West Jet Dollars earning potential, you’ll also get your first checked bag free for the primary cardholder and up to 8 additional guests on the same reservation. An annual round-trip companion voucher from $99 (plus taxes, fees and charges) and a comprehensive travel insurance package is also included. Like many other airline loyalty programs, West Jet Rewards is tiered so those who fly often with West Jet end up in the higher tiers. However, West Jet Rewards tiers aren’t based on miles and segments. Instead, your tier is based on how much you spend and it’s surprisingly easy to move up to the higher tiers. Silver status is automatically granted when you spend $3,000 on West Jet travel while Gold happens when you hit $6,000 in spending. As you can image, the higher your tier, the more benefits you get. Here are the different West Jet Rewards tiers: You can use your West Jet credit card West Jet ID to maximize your return. For example, if your West Jet RBC World Elite Master Card already helped you earn 2% back in West Jet Dollars for booking a flight through the West Jet website, you’d earn an additional 1-5% back in West Jet Dollars based on your tier. Teal, Silver, and Gold tiers earn you an additional 1%, 3%, and 5% in West Jet dollars which works out to 3%, 5%, and 7% respectively when booking flights through the West Jet website. West Jet and Delta Airlines are partnered to give West Jet Rewards members another opportunity to earn even more West Jet Dollars. If you need to travel with Delta, simply book through their site and remember to enter your West Jet ID. The number of West Jet Dollars you earn is based on the distance flown, class of service and fare classification. You can read more about this on the West Jet website. (And again, don’t forget to pay with your West Jet credit card to earn even more West Jet Dollars! Every 1 West Jet Dollar is treated as 1 Canadian dollar and can be used to book flights and vacation packages with West Jet. There are no redemption tiers or region categories. The only two restrictions are that (1) you must redeem a minimum of $25 West Jet Dollars and (2) West Jet Dollars cannot be used to pay for taxes, fees and other charges (you must pay for those yourself). In order to redeem, simply book your flight through this page on the West Jet website. Since 1 West Jet Dollar = 1 Canadian dollar, it’s easy to calculate your return when redeeming them. For example, if you have 371 West Jet Dollars, you can wipe out $371 off the base fare of a West Jet flight or vacation package. Even though you’ll need to pay whatever amount is leftover the taxes/fares/charges, that’s still a perfect conversion rate from West Jet Dollars to Canadian dollars. If you don’t fly West Jet, but still want to earn travel rewards, there are some other options available to you. One of the best travel credit cards in Canada is the Scotiabank Gold American Express card, which offers one of Canada’s highest earn rates, giving you four Scotia Rewards points for every dollar spent on gas, groceries, entertainment, and restaurants — that’s 4% back in rewards — and one point per dollar on all other purchases. Scotia Rewards can be redeemed for travel (flights, hotels, car rentals, cruises, vacation packages), gift cards, and merchandise from retailers such as Apple and Best Buy. This card’s travel rewards program is truly flexible: points can be used to cover all taxes, fees, and surcharges. There are no blackout dates, and you can travel on any carrier. You can book your trip yourself or use Scotia’s full-service travel agency, and have the option of paying for your trip with points upfront or charging the cost to your card and redeeming points to cover it later. The card includes access to VIP airport lounges worldwide with a Priority Pass membership (renewed annually), complimentary concierge services, extensive travel insurance, and access to American Express Invites. The total net reward is the dollar amount all your rewards will add up to, minus any annual fee you may have to pay. For a detailed explanation on how we calculated this number, check out the Points Calculator tab. Travel expenses can include flights, hotels, cruises, ferry boat rides, and even things like cab fares and hot air balloons in other provinces or countries! Enter an estimate here, to see how much cash back you could earn on travel expenses each month. How much do you spend on everything else that doesn't fit into one of the other categories? Bus passes, cab fares, online shopping purchases, etc. are just a few examples of things that would show up as "other" purchases on your cash back credit card statement. Some credit cards come with a spending bonus, which is given to the card holder after they complete a condition, such as making their first card purchase. The spending bonus may be in the form of points, cash, free merchandise, etc. Some credit cards come with an anniversary bonus, to provide more incentive for people to continue using the card for multiple years. The anniversary bonus may be in the form of points, cash, free merchandise, etc, and is given to the card holder every year on the anniversary. Some credit cards come with a spending bonus, which is given to the card holder after they complete a condition, such as making their first card purchase. The spending bonus may be in the form of points, cash, free merchandise, etc. Some credit cards come with an anniversary bonus, to provide more incentive for people to continue using the card for multiple years. The anniversary bonus may be in the form of points, cash, free merchandise, etc, and is given to the card holder every year on the anniversary. If you use your credit card to rent a car, you will likely have some amount of collision and damage insurance. Collision and damage insurance protects you, the cardholder, in the event that a rental car is damaged and/or in an accident, while it's in your possession. Read the fine print in your agreement, before you rent your next car.


Sure, Aeroplan is known as the airline program with the best rewards and credit cards. But since things are up in the air and there are no details on the program after that dreaded date – let’s do a deep dive on Canada’s other airline. Members earn West Jet dollars based on how much you fly with West Jet and spend at At the base tier you have the following earn rates on the following: Fly with West Jet a lot and you can reach higher tiers in the program. The higher tiers have increased earn rates along with West Jet specific perks. Once you have enough collected dollars, you can use them for the following: As a premium travel card, it has a great set of insurance coverage for travel and purchases: Looking only at just the spend return rates, this isn’t a top tier card. Spending $2000 per month (not including any West Jet purchases or Petro-Canada savings), would get you $241 a year in dollars including the annual fee deduction – a net of 1% return on spending. For no annual fee, you can get a return of 1.25% with the RBC offers two big West Jet specific perks with this card that can amount to big savings: One free checked bag for every person flying on the same itinerary as the card owner (up to a maximum of 8 bags). This perk is only available on flights fully operated by West Jet and not on their codeshare flights or partner airlines. With an annual round trip companion voucher, you can book a flight for yourself and take someone else with you for just a little bit of extra money instead of paying the full fare. This voucher only covers the base fare, you will have to pay the taxes and fees and can only be used on flights fully operated by West Jet. This voucher also works with plus fares (West Jet’s pseudo business class). Buy a plus fare and the voucher covers that same fare class, some examples: To determine a rough savings for the voucher, we did some research into various flights across the West Jet network (26 in total), with varying levels of competition to see how much the voucher would roughly save (details can be found in this PDF). Here are the ground rules we used to determine the voucher savings: Here is what we found. We surveyed 26 different flights at different dates and came to an average savings on our flights of $131.35. The most saved was $461, while the worst was -$212 (yes the voucher actually cost more on some flights than what you could buy elsewhere). Some notes on where the savings were higher and lower: Using these voucher savings, here is what can be expected on overall return in a year using this card. For the baggage, while you can get free bags for both passengers, we assume if you had to pay for baggage you would try and fly with one bag if possible to save on money. Overall, on a $2,000 spend a month, your overall yearly return rate including the companion voucher perk is 1.90%. It is – only if you can find use in the companion voucher every year. Otherwise, there are better cards out there than this one. The voucher, as seen in our research, has varying value depend on where you want to fly. The biggest downside to the voucher is it limits you to where West Jet can fly. While most popular US destinations are served by West Jet (save for a few like New Orleans and Washington DC), it can’t be used for travel to Europe outside of the United Kingdom, Ireland & Paris, or the continents of Africa, Asia, South America & Australia. Service is expanding, especially to Europe but needs to be kept in mind. Keep in mind if you are a completely loyal West Jet passenger, then your companion voucher value will increase because you’d be paying those higher West Jet fares even when other discount airline options exist. If you redeem it for maximum value every year, your total savings could jump up by hundreds of dollars. Another point for flights within Canada is the emergence of ultra low cost carriers (ulcc) such as Flair & Swoop (West Jet’s ulcc). We were able to look at some routes where Flair & Swoop also competed, and they was still substantially cheaper than West Jet with the voucher. Swoop, unlike Flair, is flying out of Abbotsford and Hamilton instead of Toronto and Vancouver. Flair uses Abbotsford as a third option too though. I would expect both airlines to expand and lower prices for flights within Canada. One strategy with this card if you can get enough value from the voucher and you travel with a family of four is for each adult to get a card. You get access to a 2nd annual voucher for an additional annual fee of $119 (keeping in mind you will also need to have an income of at least $80K to qualify for this card). Say you were able to get $200 in savings for each voucher, this is what your savings would look like: is a worthwhile alternative. First, it comes with a better sign up bonus of up to 30,000 miles – 15,000 after you make your first purchase, and another 15,000 after you spend $3,000 in 3 months. We value an Aeroplan mile at 2.5 cents each, making this bonus worth $750, 3 times better than West Jet card! Then you’ll get even more rewards on your everyday spending: That means, you’ll get an average return on spending of 2.96% (not including annual fee). Even if you include the use of the companion voucher and free bags once per year, the West Jet World Elite Mastercard only nets a 2.39% return. Meaning, you’ll get an extra $137 in rewards every year. And, the 2.96% On top of that, the big advantage Aeroplan has is its destinations. Air Canada flies to far more Canadian and American destinations than West Jet, not to mention internationally, thanks to being a part of Star Alliance. While West Jet is improving in this regard, you’ll have many more options for flights with Aeroplan. It has a similar annual fee of $120 (rebated for the first year) for the primary cardholder, and has lower income requirements of either $60,000 personal or $100,000 household. Similar to the World Elite Mastercard, there are other cards out there that will earn you the same rate without an annual fee. It does come with a companion voucher, but it’s more restrictive. It has an increased cost of $199 to use it and is only valid on West Jet flights within Canada. With our average value of $125 in savings for the World Elite voucher on flights within Canada, factoring in the additional $100 cost, this voucher only has a real savings of $25. Unless you are always booking last minute, expensive flights for 2, I would pass on this card. Having said that, this is a good airline alternative in Canada – and with the upcoming changes coming to Air Canada and Aeroplan it’s nice to have another option for airline rewards. If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. If, while you are checked in, your personal property is stolen from your hotel/motel room and there is evidence of forceful entry, you will be reimbursed for the stolen property up to a certain amount. This insurance covers you up to $500,000 in the event of an accidental bodily injury resulting in one of the losses listed below, while travelling on a common carrier, or while at the airport, pier, terminal or station at the beginning/end of your trip. Coverage is activated when you have paid for the full transportation fare for your trip with your RBC credit card and/or West Jet dollars prior to commencing your trip. In addition to the amount payable above as the result of a loss, you will also be reimbursed for the reasonable and necessary expenses you actually incurred, up to a limit of $2,500, for special training provided these expenses are incurred within 2 years from the date of the accident. Also, when you are confined as an inpatient in a hospital for injuries that result in a payable loss, and you require the personal attendance of a family member as recommended by the attending physician, the insurer will pay, up to a maximum of $1,000, for the expenses incurred by the family member for transportation to you by a common carrier. If your rental vehicle is damaged or stolen while rented out in your name, you are covered up to the vehicle’s actual cash value plus any valid loss of use charges, reasonable towing charges and administrative charges resulting from the damage or theft. This includes damage resulting from malicious vandalism and theft. You are eligible for this type of coverage provided that: Note: This insurance does not cover third party liability coverage. Check with your personal automobile insurer and the rental agency to ensure that you and all other drivers have adequate third party liability, personal injury and damage to property coverage. If the vehicle has sustained damage of any kind, call Assured Assistance at 1-800-533-2778 immediately, but in all events within 48 hours. For your claim to be reviewed, you must submit the following original documentation within 90 days, as applicable: Personal property and gifts purchased using your West Jet RBC World Elite Master Card and/or West Jet dollars are insured against all risks of direct accidental physical loss or damage for 90 days from the date of purchase. If you paid for the personal property or gift using your West Jet dollars, you are insured for the amount of West Jet dollars you redeemed to pay for your purchase. Note: The maximum amount of coverage is $50,000 (or the equivalent number of West Jet dollars) per West Jet RBC World Elite Master Card account for each year. If you call Assured Assistance at 1-800-533-2778 at the time of the loss or damage you will receive the necessary claims assistance. If you do not call Assured Assistance, you must notify the RBC Insurance Claims Centre at 1-800-464-3211 within 30 days of the date of the loss or damage. For your claim to be reviewed, you must submit the following original documentation within 90 days of the date of the loss or damage, but in all events, no later than 1 year: This insurance plan automatically doubles the original manufacturer’s warranty, up to a maximum extension of one year. Coverage starts immediately following the expiry of the original manufacturer’s warranty, but in no event will the combined Extended Warranty and original manufacturer’s warranty exceed five years. Items covered by Extended Warranty Insurance must have been purchased using your West Jet RBC World Elite Master Card and/or West Jet dollars. Note: You must notify the insurer to obtain approval of the repair services and the repair facility before proceeding with any repair services. If you call Assured Assistance at 1-800-533-2778 at the time of the loss or damage you will receive the necessary claims assistance. If you do not call Assured Assistance, you must notify the RBC Insurance Claims Centre at 1-800-464-3211 within 30 days of the date of the loss or damage. For your claim to be reviewed, you must submit the following original documentation within 90 days of the date of the loss or damage, but in all events, no later than 1 year: If, as a result of one of the covered reasons for interruption occurring during your trip, you are prevented from continuing the trip or are unable to return to your departure point on the original scheduled return date, your eligible expenses are covered up to $5,000 per person and up to $25,000 per trip. You, your spouse and dependent children, as well as up to 3 travelling companion are all eligible to receive benefits under this insurance when the full cost of the trip is paid for with your West Jet RBC World Elite Master Card and/or West Jet dollars. In the case of interruption of your trip, you will be reimbursed for the non-refundable unused portion of your prepaid travel arrangements, excluding the cost of prepaid unused transportation back to your departure point. You will also be covered for your economy-class transportation via the most cost-effective route to your departure point, or to your next destination (inbound and outbound). Note: Travel benefits must be undertaken within 10 days following your originally scheduled return date if your delay is not the result of hospitalization, or within 30 days if it is. Call Assured Assistance at 1-800-533-2778 immediately to receive the necessary claims assistance. If you do not call Assured Assistance, you must notify the RBC Insurance Claims Center at 1-800-464-3211 within 30 days of the date of the cause of interruption or delay to obtain a claim form. For your claim to be reviewed, you must submit the following information within 90 days of the date of the cause of the interruption or delay, but in all events, no later than 1 year: If your scheduled flight departure is delayed by more than 4 hours, then you will be reimbursed up to $250 per day per person and up to a maximum of $500 per occurrence for the reasonable and necessary expenses you incur. In addition, if you miss a connecting flight due to the delay of your incoming flight, or you are denied boarding your confirmed scheduled flight due to the airline's overbooking, and in either of these cases alternative transportation is not made available to you within 4 hours, you will also be reimbursed. Reasonable and necessary expenses include hotel accommodation, restaurant meals, refreshments, emergency purchases and other sundry items (such as a magazine, paperback book and other such small items). This insurance is effective when the full cost of your airline ticket is paid with your West Jet RBC World Elite Master Card and/or West Jet dollars, and your luggage is checked with that airline. Note: Reasonable and necessary expenses must be incurred within 48 hours of the delay or denied boarding. If you call Assured Assistance at 1-800-533-2778 at the time of the flight delay, missed connection, or denied boarding, you will receive the necessary claims assistance. If you do not call Assured Assistance, you must notify the RBC Insurance Claims Centre at 1-800-464-3211 within 30 days. For your claim to be reviewed, you must submit the following original documentation within 90 days of the date of the delay, but in all events, no later than 1 year: This insurance covers reasonable and customary expenses, in excess of any medical expenses payable by your GHIP or any other insurance plan, for emergency treatment medically required during your trip as a result of a medical emergency. Unless otherwise noted, the maximum benefit for emergency medical insurance is unlimited. You will be covered for: you seek emergency treatment, or if you choose to seek care from a non-approved medical service provider, you will be responsible for 20% of your medical expenses covered under this insurance (and not recovered from your GHIP), to a maximum of $25,000. Should your medical condition prevent you from calling Assured Assistance before seeking emergency treatment, you must call as soon as medically possible or someone else may call on your behalf. You must submit the information required for your claim within 90 days of the date of the emergency treatment or other expenses were first incurred. If this is not reasonably possible, you must do so within 1 year or your claim will not be reviewed. For your claim to be reviewed, you must submit the following information: In the event that your checked luggage is permanently lost, you will be reimbursed up to $500 per person and up to a maximum of $2,500 per trip for the reasonable and necessary expenses you incur for the minimum essential clothing and toiletries. This insurance is effective when the full cost of your airline ticket is paid with your West Jet RBC World Elite Master Card and/or West Jet dollars, and your luggage is checked with that airline. If you call Assured Assistance at 1-800-533-2778 at the time of the loss you will receive the necessary claims assistance. If you do not call Assured Assistance, you must notify the RBC Insurance Claims Centre at 1-800-464-3211 within 30 days of the date of the loss. For your claim to be reviewed, you must submit the following original documentation within 90 days of the date of the loss, but in all events, no later than 1 year: If your checked luggage is delayed by more than 4 hours from the time of your arrival at the scheduled destination, you will be reimbursed up to $500 per person and up to a maximum of $2,500 per trip for the reasonable and necessary expenses you incur for the minimum essential clothing and toiletries. This insurance is effective when the full cost of your airline ticket is paid with your West Jet RBC World Elite Master Card and/or West Jet dollars, and your luggage is checked with that airline. Emergency purchases must be made before your checked luggage is returned to you and no later than 4 days after you've arrived at the scheduled destination. If you call Assured Assistance at 1-800-533-2778 at the time of the delay you will receive the necessary claims assistance. If you do not call Assured Assistance, you must notify the RBC Insurance Claims Centre at 1-800-464-3211 within 30 days of the date of the delay. For your claim to be reviewed, you must submit the following original documentation within 90 days of the date of the delay, but in all events, no later than 1 year: If your personal property is lost or damaged as a result of wrongful entry, indicated by visible signs of force, into your hotel room, motel room, or cruise cabin while you are a registered guest, you will be reimbursed up to a maximum of $2,500 per burglary occurrence for the repair or replacement of your personal property. Coverage begins at the actual time you check into your hotel room, motel room, or cruise cabin, provided that your hotel room, motel room, or cruise cabin is paid with your West Jet RBC World Elite Master Card card and/or West Jet dollars. The insurer will pay for the lesser of the following amounts: If you call Assured Assistance at 1-800-533-2778 at the time of the burglary you will receive the necessary claims assistance. If you do not call Assured Assistance, you must notify the RBC Insurance Claims Centre at 1-800-464-3211 within 30 days of the date of the burglary. Westjet visa rbc easy web Special offers highlighted on the dynamic package pricing may not be available on advertised departure dates. Special offers may include additional savings, resort credits, kids stay free and more. These offers will have their own travel terms, please visit WestJet Vacations offers page for additional offer details. WestJet MasterCard World Elite Credit Card Benefits. One WestJet dollar equals $1 Canadian towards travel with WestJet. You earn 2 % on WestJet related spend and 1.5 % everywhere else. As we said before, what distinguishes this card from most Canadian travel rewards cards is its annual companion voucher. Learn how to become a WestJet Rewards member, redeem WestJet dollars, use companion vouchers, and earn more rewards with a WestJet RBC Mastercard. There are several travel points cards in the Canadian credit card market. They seem to grab a lot of attention from marketing channels in Canada but I don’t think this type of card is the ideal card for most Canadians. In this article, I’ll talk about travel points cards that can have a specific travel redemption cost, that is completely independent from the market price of that travel. Something like an Aeroplan rewards card would be a travel points card. The market seems to have two different definitions of what a travel point is. The best cards in the Canadian credit card market currently appear to be Fixed Value Rewards cards, but are often touted as Travel Points cards. However, they are very different from what I consider a “Travel Points” card because they simply give you rewards that have a fixed dollar value. The BMO World Elite card, for example, gives you 2 pts / dollar spent. Those 2 pts are worth 2 cents against a travel purchase, with no ability to get any extra value beyond that. This would be considered a Fixed Value Rewards card and is more similar to a cash back card. The difference being that you require a travel purchase to release your cash back. Travel Points cards are those that define a specific redemption for a specific number of points, and that price is defined in advance. Something like an Aeroplan card would constitute a Travel Points card because there is a set schedule for how much any given flight will be. This price does not change daily or weekly but is set. This article will focus on the Travel Points cards of this nature. Travel points cards are great for a certain group of people, but really not very good for most others. I believe there are 3 types of people who will benefit from having a travel points card. You would benefit from a travel points card if: If you are not in one of those categories, then I believe that a travel points card would not be for you. In general travel points programs transfer value from “average Joe’s” to people in the above categories. Since their value is inherently variable relative to dollars, travel points programs will have some “winners” and some “losers” in their customer base. The points program administrators are hoping there are more losers than winners. If you are unsure if you are going to be a “winner”, then you are likely going to be a “loser” in this transaction. Remember, the program administrators need to make money too, so there will always be more people who get poor value from these systems than people who extract great value from them. To be a “winner” in this transaction, you need to spend a lot of energy and accrue lots of information about the programs and how to exploit them. If this is not appealing to you, then I suggest you stay away from these types of cards and programs. One of the advantages of frequent flier and travel points programs is their ability to discount higher classes of service heavily. If you would be willing to pay that premium for a higher class of service, then the travel points programs are a good choice for you. Often the premium for a business class flight is 4-5x the economy fare. There are some tax consequences to travel points programs when points are earned through credit card spend. If you buy and sell items, and you are getting cash back from a credit card, the value of that cash back is exact, and calculable, and therefore it is easy to enforce taxes on that amount. If you earn travel points instead, it is very difficult to calculate the specific value of those points, so the tax man has stated that those are ignored for tax purposes. There are 2 pieces to the puzzle when it comes to travel points credit cards: earning and burning. Earning is all about how many travel points you earn and how efficiently you can get them. Often you are given extra points for using partners or spending in certain categories. The rate at which you earn points is a concern for all credit card. For example, the The American Express® Gold Rewards Card (Canada) earns 1 Membership Rewards point / dollar spent on all purchases. It earns an extra Membership Rewards point for every dollar spent at grocery stores, gas stations, drug stores and on travel purchases. Burning is all about spending your earned points wisely and ensuring that you are getting good value from your travel points. Cash back cards and fixed value rewards card programs don’t have this issue because the value is fixed and there is nothing you can do to increase the value you get from each point. When it comes to travel points programs, burning is the key element of whether or not a card is a worth it or not. Some programs are notoriously bad for getting good value upon redemptions. If you are going to be getting a travel points card, then you need to make sure that you are going to be getting good value for your points upon redemption. Since travel points credit cards are slightly different than most other types of credit cards, these are the key elements that go into my rankings. This is far and away the best credit card in Canada for a very large percent of people. You have the freedom to redeem your rewards for a credit any travel that you book independent of their program. You get a great return of 4% on gas, grocery and restaurant purchases. The insurance and benefits are great and the annual fee is lower than most cards in this category. The signup bonus of $150 (15,000 points) with your first $1000 in everyday purchases in the first 3 months makes this an easy choice as a card to apply for. MBNA Alaska Airlines Coming in at #2, the MBNA Alaska Airlines card is a good one to consider. I think for people in Western Canada, Alaska Airlines is a great airline, and the rewards program is also very generous. You earn a straight 1 Alaska mile / dollar spent, but I think that Alaska miles are quite valuable. They can be redeemed for flights on Alaska Airlines, American Airlines, Delta Skymiles and Emirates. There are even some very generous stopover rules that can be very valuable for people in Vancouver. Hack My Trip does a great job discussing extracting great value from Alaska miles. Also, the annual fee on this card is only $75 which is less than most cards in this category. American Express Cobalt Card Application Link American Express Cobalt Card 1 American Express Membership Reward Point / dollar Spent 2 American Express Membership Reward Points / dollar Spent on travel and transit 5 American Express Membership Reward Points / dollar Spent on eats and drinks The RBC Avion card gets the #4 spot here because of the value of their partners. In 20, the gold standard for miles programs is probably American Airlines, whose miles can be worth about 1.75 cents for most people as long as they are used relatively well. British Airways points are also very valuable, depending on how you use them. Both American Airlines and British Airways are partners with RBC so you can transfer your RBC Avion points over to those programs. Quite regularly, there are transfer bonuses from this card: Given these transfers, the RBC is very generous in the earn rate of some very valuable miles. I also like that most amateurs can extract good value from miles like British Airways Avios, as long as they know how to. The other advantage of the RBC Avion card is the travel redemption schedule in case you want to offset a cash fare. The caps on the amount you can actually redeem your points for make this less lucrative than initially advertised, but it nicely puts a floor on the value of the points in case there is massive reduction in the value of British Airways or American Airlines miles before you can use your stash. Starwood Preferred Guest®* Credit Card from American Express Application Link Starwood Preferred Guest®* Credit Card from American Express This is another great card in the Canadian market. The earn rate is simply 5 points / dollar spent at SPG or Marriott Rewards properties and 2 points / dollar on everything else, but it is in the redemption of miles / points where the value of this card lies. SPG points will transfer to pretty much any airline program at a rate of 1:3. This card is an American Express card and comes with the normal host of benefits associated with a card of this caliber. 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 Something to note that neither the CIBC Aerogold or TD Aeroplan Visa Infinite cards made this list. This is because these cards have relatively low earn rates and Aeroplan miles are significantly more difficult to get good value out of as a Canadian than most other programs. Aeroplan adds very high taxes and fuel surcharges to redemptions on Air Canada flights making Aeroplan miles worth less than 1 cent for most popular routes. If you live in an underserved market or redeem your Aeroplan miles for flights operated by United, then you can increase the value of miles to you. Most Canadians will struggle to get any decent value either of these cards to make up for what could be earned from a fixed value rewards or cash back card.