Here are Rewards Canada’s Top Travel Credit Card Sign Up offers for the month of August 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 for August
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))
TD Aeroplan Visa Infinite Card
Up to 70,000 Aeroplan points. Min. value: $772
Earn up to 70,000 Aeroplan points†. Conditions Apply. Must apply online by September 5, 2023. You earn 10,000 Aeroplan points when you make your first purchase with your new card, 40,000 more points when you spend $5,000 in the first 180 days and an additional 20,000 points if you spend $7,500 in the first 12 months. Those 70,000 Aeroplan Points are worth $1,050 at a minimum however with 20,000 points awarded at anniversary we also have to subtract the second year annual fee provides a minimum value of $772 (unless you have a TD banking product that covers the fee). This offer is available until September 5, 2023
Minimum Income: $60,000 annual personal income or $100,000 annual household income
Apply for the TD Aeroplan Visa Infinite Card here
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
CIBC Aeroplan Visa Infinite Card
Up to 45,000 points – Minimum value: $536
You earn 10,000 Aeroplan points when you make your first purchase with your new card, 20,000 more points when you spend $4,000 in the first four statement periods and an additional 15,000 points if you spend $10,000 in the first 12 months. You also pay no annual fee in the first year. Those 45,000 Aeroplan Points are worth $675 at a minimum however with 15,000 points awarded at anniversary we also have to subtract the second year annual fee which then provides a minimum value of $536 (unless you have a CIBC banking product that covers the fee).
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 Privilege Card
Up to 115,000 Aeroplan points. Min. value: $527
Earn up to 115,000 Aeroplan points†. Conditions Apply. Must apply online by September 5, 2023. You earn 20,000 Aeroplan points when you make your first purchase with your new card, 60,000 more points when you spend $7,500 in the first 180 days and an additional 35,000 points if you spend $12,000 in the first 12 months. Those 115,000 Aeroplan Points are worth $1,725 at a minimum however with 35,000 points awarded at anniversary we also have to subtract the second year annual fee provides a minimum value of $527. This offer is available until September 5, 2023
Minimum Income: $150,000 annual personal income or $200,000 annual household income
Apply for the TD Aeroplan Visa Infinite Privilege Card here
CIBC Aventura® Visa Infinite* Card
Up to 40,000 Aventura points. Min. value: $400
This card is offering up to 40,000 bonus Aventura Points for its welcome bonus. You’ll receive 20,000 Aventura Points when you make your first purchase and 20,000 more Aventura Points when you spend $3,000 or more in the first 4 monthly statement periods. The card also features an annual fee rebate for the first year which means you can enjoy the full value of the 40,000 points. The points are worth 1 cent each at a minimum which puts the welcome bonus value at $400.
Minimum Income: $60,000 annual personal income or $100,000 annual household income
Apply for the CIBC Aventura® Visa Infinite* Card here
Here are the next 5 cards offering the best value:
6. CIBC Aventura® Gold Visa* Card
Up to 40,000 Aventura Points + first year free Min. value: $400
7. HSBC World Elite® Mastercard®
Up to 80,000 HSBC Rewards Points + first year free Min. value: $400
8. TD First Class Travel® Visa Infinite* Card
Up to 100,000 TD Rewards Points + first year free Min. value: $400
9. BMO eclipse Visa Infinite* Card
Up to 60,000 BMO Rewards Points. Min. value: $383.50
10. Marriott Bonvoy™ American Express®* Card
Up to 50,000 Bonvoy Points Min. value: $380
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