Here are the Rewards Canada’s
Top 5 Credit Card Sign Up offers for the month of April! This is not a ‘best’ credit card
list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition offers. As always when choosing a card
you should always take other factors into account other than the sign
up bonus, but when most of these cards are first year free, they can and
do pay off even when not taking into account insurance packages and
other non-reward benefits. In fact 4 of 5 cards on this list for April
are first year free so you can try them out at no cost and
decide later on if the card is right for you. All the while earning the
sign up bonus which can be used to subsidize your travels! The only card
that isn’t first year free is the Starwood Preferred Guest Credit Card
from American Express. It has an annual of $120 but the new sign up
bonus of 20,000 Starpoints is worth no less than $400 depending on what
you value Starpoints at. This card was to have its 20,000 point bonus dropped to 10,000 at the end of March but Amex has decided to extend the offer.
The only change in this list from March was the replacement of the TD Aeroplan Visa Infinite Card with the new offer for the TD First Class Visa Infinite card as the latter makes more sense for the majority of Canadians due to it being an extremely flexible travel points card that allows you to book travel how you want and where you want!
So here are our top 5 credit card sign up offers for April (in alphabetical order)
American Express Gold Rewards Card – 25,000 Points (Apply here)
A mainstay offer here on Rewards Canada, the American Express Gold
Rewards card has its first year fee of $150 waived and will award you
25,000 Membership Rewards points when you complete $500 in spending in
the first three months. That 25,000 points is worth a $250 travel credit
via Amex’s TripFlex feature or can be converted to 25,000 Aeroplan
Miles (1 Round trip Economy Award ticket within North America) or 25,000
British Airways Executive Club Avios (as much a 5 one way Economy Award
tickets in North America, see this post for details.)
BMO Rewards World Elite MasterCard – 30,000 Points (Apply here)
Quite possibly the best Travel Points card now available in the market,
the BMO Rewards World Elite MasterCard also has a $150 annual fee but
that is waived in the first year too! The sign up bonus is 30,000 BMO
Rewards Points which is worth $300 toward travel booked via BMO
Rewards. There is no minimum spend so as soon as you are approved you
should have access to that travel credit!
Chase Marriott Rewards Premier Visa – 30,000 Points (Apply here)
The best no foreign transaction fee card in Canada makes it to this list
due to a very strong acquisition offer. I mean who can complain with
30,000 points awarded on approval and a certificate for a free night
stay at a Category 1-4 hotel for a potential of 5 free nights, all at no
cost as the card has the annual fee waived in the first year! They also
give you a 15 night credit into the mix which automatically provides
you with Marriott Rewards Silver Elite status.
Starwood Preferred Guest Credit Card from American Express – 20,000 Starpoints (Apply here)
Recently the sign up bonus for this card was increased from 10,000
Starpoints to 20,000 Starpoints and this is the only card in this list
that doesn’t have the first year fee waived. That doesn’t matter. This
is by far the best hotel points card in Canada and Starpoints have huge
value. The 20,000 Starpoint bonus when you spend $500 on the card is
worth at least $400 when redeeming them for Starwood Hotel stays or you
can convert them to airline miles in over 30+ programs and Starwood will
kick in an additional 5,000 miles when you transfer 20,000 Starpoints
at a time.
TD First Class Visa Infinite Card – 40,000 Points (Apply here)
Now seeing an increased sign up bonus and the first year fee waived,
the TD First Class Visa Infinite Card has also been a good card with a simple 1.5% return on all your spending that can be redeemed for any travel that is booked on the card. The regular sign up of offer 20,000 TD Rewards Points has now been boosted to 40,000 (20,000
upon approval, 20,000 when you spend $1,000) and the first year $120
fee waived which means you essentially get $200 of travel for free.
Other than the Starwood card, you ultimately could end up with at least
$750 in travel credits and hotel free nights with these cards but even if you only take on
one or two you are helping your travel budget significantly at no cost
other than regular credit card spend.