Get the Best Benefits from your Credit Card
- Introduction to Credit Cards
- Credit Card Interest Rates Charges
- Credit Card Positive Benefits
- Credit Card Negative Results
- Credit Cards In Canada
- How to Select a Credit Card
- How to Select a Gold Credit Card
- How to Select a Platinum Credit Card
Credit Cards: Standard Credit Card Benefits
The credit card industry has become very competitive and creative with the benefits they offer their customers to entice them into selecting their credit cards. Some of the benefits offered by credit card companies in Canada range from Travel Insurance, Road Side Assistance, Medical Insurance, Car Rentals, Flights, Flight Delay, Baggage Protection, Extended Warranty Insurance, Movie Tickets and much more. For a complete list of benefits your credit card company offers you, it is best to check with them directly.
Please keep in mind that credit cards offer these benefits at a higher base interest rate. Make sure that the benefits they offer will be used or you are paying more interest than you should!
Canadian Standard Credit Card Benefits Sheet
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.
| Issuer / Name of Card |
Travel Insurance1 | Purchase Protection and Extended Warranty | |||||
|---|---|---|---|---|---|---|---|
| Accident | Trip Cancel. and/or Interrup. |
Medical | Car Rental | Flight Delay | Baggage | ||
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Alterna Bank
Preferred MasterCard |
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Alterna Savings
Preferred MasterCard |
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ATB Financial
Preferred Fixed Rate MasterCard |
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ATB Financial
Preferred Variable Rate MasterCard |
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BMO Bank of Montreal
Air Miles MasterCard with Low Rate Option |
 2
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BMO Bank of Montreal
CashBack MasterCard with Low Rate Option |
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BMO Bank of Montreal
Preferred Rate MasterCard with Low Rate Option |
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CIBC
Select VISA Card (Low Rate) |
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Citizens Bank of Canada
Shared Interest Classic My VISA Reward Plus with Low Interest Rate option |
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Citizens Bank of Canada
Shared Interest Classic VISA with Low Interest Rate option |
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Coast Capital Savings
Low Interest Rate Coast VISA Desjardins Classic |
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Desjardins
Low Interest Rate VISA Desjardins Classic |
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HSBC Bank Canada
Low Rate HSBC MasterCard |
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3
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HSBC Bank Canada
Low Rate HSBC MasterCard (with rewards) |
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3
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Laurentian Bank
VISA Black (reduced rate option) |
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Laurentian Bank
VISA Complicité (reduced rate) |
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National Bank
Reduced Rate Allure MasterCard |
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National Bank
Reduced Rate Edition MasterCard |
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National Bank
Reduced Rate Escapade MasterCard |
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National Bank
Reduced Rate Sunoco MasterCard |
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National Bank
Reduced Rate Ultramar MasterCard |
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National Bank
Syncro MasterCard |
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RBC Royal Bank
VISA Classic Low Rate |
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Scotiabank
No-Fee Scotiabank Value VISA |
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Scotiabank
Scotiabank Value VISA |
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Scotiabank
ScotiaLine VISA Account |
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TD Canada Trust
TD Emerald VISA |
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Vancity Credit Union
Enviro Classic VISA Low Interest Rate option |
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Vancity Credit Union
Enviro Classic VISA My VISA Rewards Plus with Low Interest Rate option |
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Westminster Savings Credit Union
Low Interest Rate VISA Desjardins Classic |
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| Issuer / Name of Card |
Travel Insurance1 | Purchase Protection and Extended Warranty | |||||
|---|---|---|---|---|---|---|---|
| Accident | Trip Cancel. and/or Interrup. |
Medical | Car Rental | Flight Delay | Baggage | ||
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Alterna Bank
TravelRewards MasterCard |
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Alterna Bank
WorldPoints Low Fee MasterCard |
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Alterna Bank
WorldPoints No Fee MasterCard |
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Alterna Savings
TravelRewards MasterCard |
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Alterna Savings
WorldPoints Low Fee MasterCard |
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Alterna Savings
WorldPoints No Fee MasterCard |
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Amex Bank of Canada
American Express AIR MILES Credit Card |
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Amex Bank of Canada
Blue Sky(TM) Credit Card |
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Amex Bank of Canada
Holt Renfrew Card from American Express |
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ATB Financial
Alberta MasterCard |
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ATB Financial
Alberta My Rewards MasterCard |
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ATB Financial
Calgary Co-op MasterCard |
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ATB Financial
myHusky Rewards Mastercard |
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BMO Bank of Montreal
Air Miles MasterCard |
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BMO Bank of Montreal
CashBack MasterCard |
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BMO Bank of Montreal
Preferred Rate MasterCard |
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BMO Bank of Montreal
Premium CashBack MasterCard |
2
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BMO Bank of Montreal
Premium CashBack MasterCard with Low Rate Option |
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Canadian Tire
Canadian Tire Gas Advantage MasterCard |
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Canadian Tire
Canadian Tire Options MasterCard |
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CIBC
Aero Classic VISA Card |
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CIBC
Classic VISA Card |
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CIBC
Dividend Card |
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Citibank Canada
Citi Enrich MasterCard |
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Citibank Canada
Citi MasterCard |
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Citibank Canada
Citi Petro-Points MasterCard |
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Citizens Bank of Canada
Amnesty International VISA |
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Citizens Bank of Canada
Oxfam Canada VISA |
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Citizens Bank of Canada
Save-on-More VISA |
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Citizens Bank of Canada
Shared Interest Classic My VISA Reward Plus option |
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Coast Capital Savings
Coast VISA Desjardins Classic |
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CUETS Financial
Low Fee CHOICE REWARDS MasterCard |
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CUETS Financial
Low Fee MasterCard |
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CUETS Financial
No Fee CHOICE REWARDS MasterCard |
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Desjardins
VISA Desjardins Classic |
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Desjardins
VISA Desjardins Classic with BONUS DOLLARS Rewards Program |
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GE Money Canada
Hbc MasterCard |
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HSBC Bank Canada
HSBC MasterCard |
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3
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HSBC Bank Canada
HSBC MasterCard (with rewards) |
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3
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JPMorgan Chase Bank NA
Best Buy Reward Zone VISA Card |
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JPMorgan Chase Bank NA
Canadian Cancer Society MasterCard |
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JPMorgan Chase Bank NA
Sears MasterCard |
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Laurentian Bank
VISA Black |
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Laurentian Bank
VISA Black Reward Me card |
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Laurentian Bank
VISA Complicité |
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MBNA Canada Bank
Preferred MasterCard |
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National Bank
Allure MasterCard |
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National Bank
Edition MasterCard |
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National Bank
Escapade MasterCard |
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National Bank
MC1 |
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National Bank
Sunoco MasterCard |
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National Bank
Ultramar MasterCard |
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President's Choice Bank
President's Choice Financial MasterCard |
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RBC Royal Bank
Esso VISA |
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RBC Royal Bank
RBC Rewards VISA Classic |
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RBC Royal Bank
Starbucks Duetto VISA Card |
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RBC Royal Bank
VISA Classic |
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RBC Royal Bank
VISA Classic II |
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Scotiabank
No-Fee Scotia Moneyback VISA |
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Scotiabank
SCENE VISA card |
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Scotiabank
Scotia Moneyback VISA |
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Scotiabank
ScotiaHockey VISA |
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TD Canada Trust
TD Classic Travel VISA |
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TD Canada Trust
TD Green VISA |
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TD Canada Trust
TD Rebate Rewards VISA |
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TD Canada Trust
The GM Card |
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Vancity Credit Union
Enviro Classic VISA My VISA Rewards Plus |
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Vancity Credit Union
Save-on-More VISA |
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Westminster Savings Credit Union
VISA Desjardins Classic |
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This option is offered for an additional fee.
This option is included in the annual card fee.
1. This is not a complete list of all rewards and benefits offered by credit card issuers. For more details about other rewards and benefits that are offered for additional fees, check with the credit card issuer.
2. Includes roadside assistance.
3. Extended warranty insurance is included, but not purchase protection.
