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Written by Justin Dallaire Fact-checked by MoneySense Editors
Last updated on June 9, 2025
Many Canadian credit cards come with built-in travel insurance benefits, such as emergency medical coverage, trip cancellation protection and flight delay compensation, which can save travellers from unexpected out-of-pocket expenses. Our list of the best travel insurance credit cards come with these benefits and more.
National Bank World Elite Mastercard
RBC Avion Visa Infinite Privilege
Scotiabank Platinum American Express Card
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.
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Dive into the pros and cons of our gold, silver and bronze-winning credit cards for travel insurance, as well as our no-fee alternative.
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.
At a glance: The National Bank World Elite Mastercard is the best travel insurance credit card in Canada. Not only does it offer a wide range of insurance coverages—from emergency medical to trip cancellation, baggage delay and car rental insurance—but the coverage amounts are also impressive. Most notable is the duration of emergency medical coverage for travellers 54 and under: at 60 days, it’s triple the length of many other cards with travel insurance in Canada.
Annual fee: $150
Welcome offer: Earn up to 40,000 points.
Card details
At a glance: The RBC Avion Visa Infinite Privilege is our runner up in the best credit cards with travel insurance category. It’s the only card with unlimited emergency medical coverage—a perk that even applies to Canadians over the age of 65. The card comes with all the other coverages you might expect from a premium travel credit card, including travel accident, trip cancellation, rental car and hotel burglary insurance. You will, however, need a high personal or household income to qualify.
Annual fee: $399
Welcome offer: Earn up to 55,000 Avion points ($1,178 value).
Card details
At a glance: The Scotiabank Platinum American Express card rounds out the top-three best travel insurance credit cards. No other card offers 10 days’ emergency medical insurance to Canadian seniors aged 75 and older. And there’s lots more to love than just the comprehensive insurance package, including the benefit of no foreign transaction fees on foreign-currency purchases. Cardholders earn 2 Scene+ points per dollar spent.
Annual fee: $399
Welcome offer: Earn up to $2,500 in value in the first 14 months, including up to 80,000 bonus Scene+ points. Offer ends October 31, 2025.
Card details
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At a glance: If you want a travel insurance credit card without an annual fee, the Rogers Red World Elite Mastercard should be high on your list. Not only does it include valuable travel and rental car insurance, but it’s also one of the best cash back credit cards in Canada. For every $1 you spend, you’ll get back at least 1.5% cash back.
Annual fee: $0
Welcome offer: None at this time.
Card details
Every insurance package is tailored to a specific card and program but in general, the process is simple. You’ll usually have to book your travel on that credit card but different cards have different rules. For example, some say you need to book 100% of your trip on the card while others don’t have that stipulation. Read your documents to determine your responsibilities. Once you book, you’ll automatically have access to the included coverage. You don’t have to notify the credit card company that you’re traveling or call to activate the coverage. That said, we always recommend that you read the documentation from your credit card company.
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