Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of January! 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 (sign up) offers. As always when choosing a card
you should always take other factors into account other than the
just sign
up bonus, but when most or all of these cards are first year free, they
can and
do pay off even when you grab them strictly for the sign up rewards.
This month all five cards have no annual fee in the first year so you
can try
them out at no cost and
decide later on if the card is right for you.
This month sees the return of the CIBC
Aventura Visa Infinite card as the great sign up offer the HSBC World Elite Mastercard is now gone.
Here are our top 5 credit card sign up offers for January (in alphabetical order)
BMO AIR MILES World Elite Mastercard – 3,000 Miles (Apply here)
The
best ever sign up bonus for an AIR MILES co-branded card continues on our Top 5 sign up list thanks to its 3,000 miles sign up bonus
(worth
~$300 or more) and no annual fee in the first year! Add in a free
companion fare when you redeem for flights and the value jumps even
higher. Even if you aren’t a
fan of AIR MILES the fact you can get
3,000 miles and them use them as cash rewards for no cost to you should
be enough
to go out and get this card. Please note: new Collectors have Miles
automatically deposited into their Dream Account, not their Cash
account. Minimum Income: $80,000 Personal or $150,000 Household
BMO World Elite Mastercard – 35,000 Points (Apply here)
The card offers a 35,000 point sign
up bonus that is worth $250 in
travel and since the card is first year free right now (they bill you
$150 and then rebate after several months) that means your $250 in
travel is free and yes you even get the LoungeKey access and 4
lounge passes included in that first year free. And the latest offer on the card also includes a $100 travel bonus! Minimum Income: $80,000 Personal or $150,000 Household
CIBC Aventura Visa Infinite Card – 20,000 points (Apply here)
The CIBC Aventura Visa Infinite card is back on the list with its 20,000 Aventura
Points sign up bonus worth up to $400 in travel depending on what type
of flight you redeem
for and since the annual fee of $120 (and supplementary cards are waived
as well) is waived those 20,000 points come at no cost to you. Minimum Income: $60,000
Personal or $100,000 Household
RBC Visa Infinite Avion Card – 20,000 Points (Apply here)
Continuing on the list is this decent offer of 20,000 RBC
Rewards points at literally no cost other than the spend requirement to use towards flights via the RBC
airline redemption program or convert to other programs like WestJet
(it’s 200 WestJet dollars!), British Airways or Cathay Pacific. Minimum Income: $60,000
Personal or $100,000 Household
TD First Class Visa Infinite Card – 40,000 Points (Apply here)
Last time this card was being featured with no annual fee in the first
year was back in August! It’s nice to see it return albeit with a
slightly lower sign up bonus of 40,000 points versus 50,000 earlier this fall You get the
standard sign up bonus of 20,000 points upon approval and another 20,000
if you spend $1,000 on the card in first 90 days having it. Those
40,000
points translate to $160 worth of travel credits for any travel booking
or $200 worth of travel for bookings made via Expedia For TD. Minimum Income: $60,000
Personal or $100,000 Household
If you went for all these cards you ultimately could end up with nearly $1,400 in travel credits 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