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Best Travel Credit Cards?

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Anyone have any suggestions for the best Canadian travel credit cards? Been to, ratesupermarket and

I want a credit card where i can accumulate points and use them for travel, but also be able to use the card while i travel, want good insurance coverage as well.

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    I used and found a good travel card plus a really good grocery/gas card. If you look in the preferences you can choose different travel benefits so I think that's what you're looking for.

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    First of all, the best card for travel is the one that will charge you the lowest exchange loading when travelling outside Canada. Unfortunately, Canada has none that are very good. I use a card from a UK bank that charges 0% exchange loading. Most in Canada charge 2.5%

    Second, if by points you mean air miles, that may or may not be the best idea. How much will you purchase using the card per year? That will give you a way to determine how many miles you can expect to accumulate for air travel. It might not be a signifigant enough amount.

    I do not collect air miles any more. Instead I purchase everything on a President's Choice card which gives you points you can then spend in PC stores. This is the equivalent of 2% CASH if you use it enough or 1% if you don't spend enough on it monthly to get upgraded to 2%. That 2% is arguably better than the cash value of air miles.

    If I want to fly, I buy a ticket and then instead of buying groceries I use points to buy the groceries. In other words, I use the points to free up cash in the bank to buy flights.

    That way I am not tied to an airline or blackout periods or anything else. Nor am I tied to buying flights, it's cash, I can buy anything.

    You also lump in insurance. By that I presume you mean 'free' insurance provided as a perk by the card issuer. Normally, the cards that offer 'free travel insurance' only cover trips of a certain length and the coverage they offer is not particularly good. It may or may NOT cover your needs.

    You compare insurance policies based on what they cover, not on price alone. Insurance is useless if it doesn't cover what you want it to cover.

    Bottom line, I think your thinking is wrong. What you are looking for does not exist in one card. I use one card to accumulate points, another for foreign travel (with no exchange loading) and another car rental (provides car rental insurance as a perk). The rental insurance I save offsets either the exchange loading it charges if outside Canada or the points cash value from using my PC card.

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