Here are Rewards Canada’s Top Travel Credit Card Sign Up offers for the month of May 2023! 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 (welcome/sign up) offers. It must be said however many of the cards in this list do rank as some of the best cards in Canada. As always when choosing a card you should always take other factors into account other than the just sign up bonus, but when some of these cards are first year free, they can and do pay off even when you grab them strictly for the sign up rewards.
The Top Travel Credit Card Sign Up Offers
Here are our top credit card sign up offers for this month (in order of welcome bonus value, calculated as our minimum mile/points value for the program minus the annual fee(s))
American Express® Aeroplan®* Reserve Card
Up to 90,000 points (115,000 points into year 2). Min. value: $751 (Year 1) or $527 (into Year 2)
Amex ultra premium Aeroplan card provides a bonus of up to 115,000 Aeroplan points. Earn 45,000 Aeroplan points after spending $6,000 in net purchases on your Card within the first 3 months of Cardmembership Plus, you can also earn 7,500 Aeroplan points for each monthly billing period in which you spend $2,000 in net purchases on your Card for the first 6 months of Cardmembership. That could add up to 45,000 Aeroplan points. You can also earn 25,000 Aeroplan points when you make a purchase between 14 and 17 months of Cardmembership.
For the sake of this listing we are only taking the 90,000 points you can earn in the first 6 months into consideration. All told the 90.000 points are worth no less than $1,350 in our minds and in reality should be worth much more. Take away the $599 annual fee and you have $751 in value plus so many benefits to use when flying with Air Canada. Add in the year 2 points and one more annual fee and the overall value drops to $527
Apply for the American Express® Aeroplan®* Reserve Card
CIBC Aeroplan Visa Infinite Card
Up to 50,000 points. Min. value: $750
CIBC’s primary Aeroplan card provides a bonus of up to 50,000 Aeroplan points. You earn 20,000 Aeroplan points when you make your first purchase with your new card, 40,000 more points when you spend $1,000 in the first four months. All told the points are worth no less than $750 and since the first year annual fee is rebated you get to enjoy the full value of those points.
Minimum Income: $60,000 annual personal income or $100,000 annual household income
Apply for the CIBC Aeroplan Visa Infinite Card here
TD Aeroplan Visa Infinite Card
Up to 55,000 points + no annual fee in the first year. Min. value: $600 (Year 1) or $686 (into year 2)
Earn up to 55,000 Aeroplan points†. Plus, first year no Annual Fee†. Conditions Apply. Must apply online by May 28, 2023. You earn 10,000 Aeroplan points when you make your first purchase with your new card, 30,000 more points when you spend $5,000 in the first 180 days and an additional 15,000 points if you spend $7,500 in the first 12 months. Those 55,000 Aeroplan Points are worth $825 at a minimum however with 15,000 points awarded at anniversary we have to subtract the second year annual fee (unless you have a TD banking product that covers the fee). This offer is available until May 28, 2023
Minimum Income: $60,000 annual personal income or $100,000 annual household income
Apply for the TD Aeroplan Visa Infinite Card here
American Express® Aeroplan®* Card
Up to 50,000 points. Min. value: $630
American Express’ everyday Aeroplan card provides a bonus of up to 60,000 Aeroplan points. You earn 35,000 Aeroplan points after spending $3,000 in net purchases on your Card within the first 6 months of Cardmembership. Plus, earn 2,500 Aeroplan points for each monthly billing period in which you spend $500 in purchases on your Card for the first 6 months of Cardmembership. All told the points are worth no less than $750 in our minds and in reality should be worth much more. Take away the $120 annual fee and you have $630 in value.
Apply for the American Express® Aeroplan®* Card
RBC British Airways Visa Infinite Card
Up to 60,000 Avios. Min. value: $585 (Year 1) or $570 (into year 2)
The offer on the RBC British Airways Visa Infinite Card continues to provide up to 60,000 bonus Avios. You’ll Receive 15,000 Avios as welcome bonus upon approval then 35,000 bonus Avios when you spend $6,000 CAD in the first 3 months. Finally you can earn another 10,000 bonus Avios after your first year. 60,000 Avios are worth at least $900 and subtract out two years of annual fees to get $570. The value in year one with the anniversary bonus is actually higher at $585!
Minimum Income: $60,000 annual personal income or $100,000 annual household income
Apply for the RBC British Airways Visa Infinite Card here
Here are the next 5 cards offering the best value:
6. National Bank of Canada World Elite Mastercard
Up to 70,000 Points Min. value: $550
7. TD First Class Travel® Visa Infinite* Card
Up to 135,000 TD Rewards Points + First Year Free Min. value: $540
8. Marriott Bonvoy™ American Express®* Card
Up to 65,000 Bonvoy Points Min. value: $530
9. TD Aeroplan Visa Infinite Privilege Card
Up to 115,000 Aeroplan Points.Min. value: $527
10. CIBC Aventura Visa Infinite Card
Up to 40,000 Aventura Points + First Year Free Min. value: $400
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Disclaimers:
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