The best travel insurance credit cards in Canada for 2025

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

MoneySense editors apply their credit card expertise and knowledge of Canadians’ financial goals to create selection criteria that matches the needs of intended cardholders. For travel insurance credit cards, we focus heavily on the number of insurance coverages included and their coverage amounts. The addition of links from affiliate partners has no bearing on the results. Read more about our selection process and about how MoneySense makes money.

Pros

• Length of emergency medical coverage: Get $5 million in emergency medical coverage for trips of up to 60 days (age 54 and under), which is three times longer than many other top-tier travel insurance cards.  
• Covered against travel inconveniences: There’s above-average trip cancellation coverage of $2,500 and trip interruption coverage of $5,000. 
• Travel fee reimbursements system: You’re covered for $150 in annual travel-related costs like airport parking, seat selection, and checked baggage fees.
• Lounge access: Cardholders get unlimited access to the National Bank Lounge at the Pierre Elliott Trudeau airport in Montreal.

Cons

• No travel accident coverage: You wouldn’t be covered for injuries that occur while travelling on a common carrier, such as an airplane or train. 
• High income requirements: Applicants should have a personal income of $80,000 or household income of $150,000 to qualify.

Pros

• Unlimited emergency medical account: Cardholders aged 64 and under get unlimited emergency coverage for trips of up to 31 days. Unlimited coverage also applies to Canadians over 65 (for 7 days).
• Travel without worrying about interruptions: The card comes with trip cancellation, trip interruption and flight delay insurance. 
• Rental car insurance: Get covered for car rentals of up to 48 days. 

Cons

• High income requirements: Applicants need a personal or household income of $200,000 per year to qualify.
• Points earn rate: The base rate of 1.25 points per dollar could be higher compared to other cards with a similar annual fee.

Pros

• Emergency medical insurance: Canadians aged 64 and under get $2 million in coverage for trips of up to 31 days. Over the age of 65? Get 10 days’ coverage. Those aged 75 and older are covered for up to 10 days—the longest period of any card in Canada for this age group. 
• Travel without worrying about interruptions: The card comes with trip cancellation, trip interruption and flight delay insurance. 
• Rental car insurance: Get covered for car rentals of up to 48 days. 
• No foreign transaction fees: One of the few credit cards in Canada that doesn’t charge the typical 2.5% fee for purchases in foreign currencies.

Cons

• No bonus categories: Although 2 points per dollar spent is a good flat rate for everyday spending, the annual fee is steep for a card without any bonus categories.
• Amex acceptance: American Express still has more limited acceptance than Visa or Mastercard, especially internationally.

Pros

• No annual fee: Cards with no annual fee usually don’t come with travel insurance, but this card comes with six types of coverage, including emergency medical for up to 10 days, and car rental theft and damage coverage for up to 31 days. 
• Cask back earnings: Earn 1.5% cash back on all your purchases (or 2% if you’re a Rogers, Fido or Shaw customer). Plus, with 3% cash back on transactions in U.S. dollars, you’ll save on foreign transaction fees, too.

Cons

• High income requirements: To be approved, you’ll need a personal income of at least $80,000 or household income of at least $150,000.