Frequent travellers have their pick of the litter when it comes to credit cards with travel insurance. Having travel insurance is a must when travelling abroad, but these types of stand-alone policies can be pretty pricey. But with a credit card in your pocket with travel insurance, you can have some peace of mind knowing that you’re covered when you need it most.
From trip cancellations to emergency medical coverage, these cards pack serious protection into your wallet. Let’s take a look at some of the best credit cards with travel insurance in 2025.
Key Points
- Many credit cards offer travel insurance, which can include medical, car rental, and trip interruption coverage.
- Credit cards with comprehensive coverage typically come with an annual fee that you should budget for.
- Make sure to choose a credit card that offers perks that most closely align with your needs and lifestyle.
Best Credit Cards With Travel Insurance
| Annual Fee | Best For | |
| Neo Mastercard | $0 ($7.99/month for travel perks) | Travellers looking for a no-fee credit card with high cashback rewards at partner retailers & comprehensive travel perks. |
| National Bank Platinum Mastercard® | $70 | Those seeking travel rewards, insurance coverage, cash back rewards, and flexible redemption options, with no minimum income requirements. |
| BMO Ascend World Elite®* Mastercard® | $150 | Frequent travellers with high income who want premium travel rewards, lounge access, and comprehensive insurance coverage. |
| CIBC Aventura® Gold Visa* Card | $139 | Middle-income travellers who want airport lounge access, extensive travel insurance, flexible rewards, and premium perks without high eligibility criteria. |
| TD® Aeroplan® Visa Infinite* Card | $139 | Travellers who want to earn Aeroplan points on everyday spending and travel perks like travel insurance and free checked bags. |
| Scotiabank Gold American Express® Card | $120 | Those looking to earn Scene+ points on everyday spending, no foreign transaction fees, and extensive travel insurance. |
| Scotiabank Passport® Visa Infinite* Card | $150 | High-earning, frequent travellers who want no foreign transaction fees, airport lounge access, extensive travel insurance, and flexible Scene+ rewards on everyday spending. |
| American Express Gold Rewards Card | $250 | High-earners looking for extensive travel insurance, premium airport lounge access, and free hotel room upgrades. |
| RBC Visa Infinite Avion | $120 | Those looking for comprehensive travel insurance, a generous rewards program, and optional road assistance. |
Neo Mastercard (With Travel Perks)
The Neo Mastercard is a no-annual-fee cashback credit card that lets you earn an average of cashback on groceries, recurring bills, and gas. Plus earn an average of 5% extra cashback when you shop with Neo partners.
While the Neo Mastercard has no monthly fee, you have the option to add various Neo Perks based on your needs. Whether you’re looking for extra cash back, insurance or other benefits, there’s a Perk for you. For travellers, you can add the Neo travel perks to your account for a fee of $7.99 per month.
This is a great option for frequent travellers, and comes with priority airport lounge access, travel medical, trip cancellation, car rental protection, and flight delay. Travel perks are available everywhere in Canada except Quebec.
Neo Mastercard® Main Features
- Annual fee: $0 ($7.99/month for travel perks)
- Interest rate: 19.99% – 29.99% (QC: 19.99% – 24.99%)
- Cash advance rate: 22.99% – 31.99% (QC: 22.99% – 25.99%)]
- Earn rate:
- Earn 2% on gas and groceries
- Earn 0.5% on all other purchases
- Earn up to 5% with partner retailers
Travel Benefits
When you add the Travel perks, you’ll benefit from these extra features:
| Extra Travel Cash Back | – 2% cashback on all foreign transactions – 1.5x cashback at Neo partnered hotels |
| Priority Pass | Airport lounge access at over 1,300 locations |
| SmartDelay | Free airport lounge access when registered flights are over an hour late. |
| Travel Insurance with Chubb | – Auto Rental Collision/Loss Damage – Car Rental Accidental Death & Dismemberment – Car Rental Personal Effects – Delayed and Lost Baggage – Out of Province/Country Emergency Medical – Flight Delay – Hotel and Motel Burglary – Purchase Protection and Extended Warranty – Trip Cancellation/Trip Interruption |
National Bank Platinum Mastercard®
With the National Bank Platinum Mastercard, you’ll be covered with a wide range of travel insurance, including travel medical insurance, trip cancellation, trip interruption, and flight delay. When you travel out of province, you’ll be covered up to $5 million for up to 10 days.
Do note, that those aged 76 or over are not eligible for coverage. Similarly, if your trip is longer than 10 days, you won’t be covered.
National Bank Platinum Mastercard Main Features
- Annual fee: $70
- Interest rate:
- Purchase rate: 20.99%
- Cash advance rate: 22.49%
- Earn rate:
- Earn up to 2 points for every $1 spent on eligible groceries and restaurant
- 1.5 points for every $1 spent on eligible gas, recurring bill payments, & À la carte travel purchases
- 1 point for every $1.50 spent on all other purchases
Travel Benefits
| Trip Cancellation | Up to $1,000 |
| Trip Interruption | Up to $1,500 |
| Flight Delay | Up to $500 |
| Mobile Device Insurance | Up to $1,000 |
| Out-Of-Province Medical | Up to $5 million |
| Baggage Delay/Loss/Theft | Up to $1,000 |
| Car Rental Insurance | Up to $65,000 |
| Use Points To Pay Off Your Balance | Minimum 6,250 points required |
BMO Ascend World Elite®* Mastercard®
The BMO Ascend World Elite Mastercard comes with comprehensive travel insurance products, including up to $5 million in emergency medical insurance for up to 21 days (which may be extended). Plus, you’ll be covered for trip cancellation or interruption, flight or baggage delay, and car rental collisions or theft.
The card also comes with other travel perks, including access to airport lounges through Mastercard Travel Pass. You’ll also have the ability to earn up to 5 points with every dollar you spend.
BMO Ascend World Elite Mastercard Main Features
- Annual fee: $150 (waived for the first year)
- Interest rate:
- Purchase rate: 21.99%
- Cash advance rate: 23.99% (QC: 21.99%)
- Earn rate:
- Earn 5 points for every $1 spent on eligible travel purchases
- Earn 3 points for every $1 spent on eligible dining, entertainment, & recurring bills
- Earn 1 point for every $1 spent on all other purchases
Travel Benefits
| Lounge Access | Free membership in Mastercard Travel Pass for airport lounge access. |
| Boingo + Concierge | Get free access to over 1 million Wi-Fi hotspots around the world with Boingo Wi-Fi for Mastercard cardholders. Free access to 24-hour concierge |
| Trip Cancellation | Up to $1,500 |
| Trip Interruption | Up to $2,000 |
| Flight Delay | Up to $500 |
| Out-Of-Province Medical | Up to $5 million |
| Baggage Delay/Loss/Theft | Up to $1,000 |
| Car Rental Insurance | Up to $65,000 |
| Purchase Protection | Extended warranty and purchase protection |
| Use Points To Pay Off Your Balance | Must have enough points for the $1 minimum redemption |
CIBC Aventura® Gold Visa* Card
With the CIBC Aventura Gold Visa Card, you’ll be fully covered for most travel mishaps while travelling abroad. The card comes with an impressive $5 million in coverage per insured traveller and 15 days of coverage for those under the age of 64 years. Plus, you’ll receive coverage for flight and baggage delays, car rental collisions and damages, and hotel burglaries.
Travel can be made even more luxurious thanks to the 4 complimentary airport lounge visits you’ll receive each year through the Visa Airport Companion Program. You’ll also get a rebate on your NEXUS application fee to help you cross borders faster.
Plus, you can earn points whenever you use your CIBC Aventura Gold Visa Card to spend.
CIBC Aventura Gold Visa Card Main Features
- Annual fee: $139 (first year rebated)
- Interest rate:
- Purchase rate: 20.99% (21.99% effective the first day of 2025 August statement period)
- Cash advance rate: 22.99% (QC: 21.99%)
- Earn rate:
- Earn 2 points for every $1 spent on eligible travel
- Earn 1.5 points for every $1 spent on groceries, gas, and pharmacy purchases
- Earn 1 point on all other purchases
Travel Benefits
| Lounge Access | 4 free visits to airport lounges with the Visa Airport Companion Program |
| Flight Delay | Up to $500 |
| Mobile Device Insurance | Up to $1,000 |
| Out-Of-Province Medical | Up to $5 million |
| Baggage Delay/Loss/Theft | Up to $500 |
| Car Rental Insurance | Up to $85,000 |
| Other Insurance | – Purchase security and extended protection insurance – Mobile device insurance |
| Use Points To Pay Off Your Balance | Amount of requested redemption cannot exceed the cardholder’s available points balance |
TD® Aeroplan® Visa Infinite* Card
As a TD Aeroplan Visa Infinite cardholder, you’ll receive comprehensive travel medical insurance coverage up to $2 million for the first 21 days of your trip if you’re under the age of 65. Those over the age of 65, will be covered for the first 4 days of travel. You may also opt to purchase top-up coverage if your trip will be longer than 21 days or you’re over the age of 65 years.
TD Aeroplan Visa Infinite Card Main Features
- Annual fee: $139
- Interest rate:
- Purchase rate: 21.99%
- Cash advance rate: 22.99%
- Earn rate:
- Earn 1.5 points per dollar on gas, groceries, dining and travel expenses made directly through Air Canada
- Earn 1 per dollar on all other purchases
- Earn 2x the points when you provide your Aeroplan number at participating stores
- Earn 50% more Aeroplan points on your Starbucks purchases (must link card to your Starbucks account)
Travel Benefits
| Trip Cancellation | Up to $1,500 |
| Trip Interruption | Up to $5,000 |
| Flight Delay | Up to $500 |
| Mobile Device Insurance | Up to $1,000 |
| Out-Of-Province Medical | Up to $2 million |
| Baggage Delay/Loss/Theft | Up to $1,000 |
| Car Rental Insurance | Up to the rental car’s actual cash value + Loss of Use charges |
| Nexus Rebate | Fee rebate up to $100 on NEXUS applications every 2 years |
| Use Points To Pay Off Your Balance | Minimum redemption of $25 in Cash Back Dollars or 10,000 TD Rewards Points is required |
Scotiabank Gold American Express® Card
The Scotiabank Gold American Express Card comes with one of the more generous travel medical insurance plans among credit cards. As a cardholder, you’ll be covered for medical costs for up to 25 consecutive days if you’re under the age of 65 years, and 3 days if you’re over 65. Otherwise, you can purchase additional coverage if you’re older than 65.
The card also allows you to earn Scene+™ points with every purchase, and you won’t pay foreign transaction fees on foreign currency purchases.
Scotiabank Gold American Express Card Main Features
- Annual fee: $120
- Interest rate:
- Purchase rate: 20.99%
- Cash advance rate: 22.99%
- Earn rate:
- Earn 6 Scene+ points for every $1 you spend at IGA, Sobey’s, Foodland, etc
- Earn 5 Scene+ points for every $1 you spend on eligible dining, food deliveries, food subscriptions, other grocery stores, & eligible entertainment purchases
- Earn 3 Scene+ points for every $1 you spend on eligible gas, transit, & streaming services
- Earn 1 Scene+ point for every $1 you spend on all other eligible purchases
Travel Benefits
| Trip Cancellation | Up to $1,500 |
| Trip Interruption | Up to $1,500 |
| Flight Delay | Up to $500 |
| Mobile Device Insurance | Up to $1,000 |
| Out-Of-Province Medical | Up to $1 million |
| Baggage Delay/Loss/Theft | Up to $1,000 |
| Car Rental Insurance | Up to $65,000 |
| Priority Pass™ | Preferred discount on the Priority Pass™ membership |
| No FX Fees | No foreign transaction fees |
| Additional Insurance | – Purchase security and extended protection insurance – Mobile device insurance |
| Use Points To Pay Off Your Balance | Minimum redemption requirement of 1,000 points |
Scotiabank Passport® Visa Infinite* Card
The Scotiabank Passport Visa Infinite Card comes with a comprehensive package of travel insurance, including travel medical. For cardholders under the age of 65, up to $2 million in emergency medical coverage is provided for up to 25 straight days of travel. And for those over the age of 65, coverage is provided for up to 3 consecutive days.
Scotiabank Passport Visa Infinite Card Main Features
- Annual fee: $150
- Interest rate:
- Purchase interest rate: 20.99%
- Cash advance rate: 22.99%
- Earn Rate
- Earn 3 Scene+ points at participating grocery stores such as Sobeys, IGA, Safeway, and more
- Earn 2 points on every $1 spent on eligible groceries, eating out, entertainment, & transit
- Earn 1 point on every $1 spent for all other purchase
Travel Benefits
| Lounge Access | Get a free membership with the Visa Airport Companion Program and 6 free airport lounge visits a year |
| Trip Cancellation | Up to $1,500 |
| Trip Interruption | Up to $2,500 |
| Flight Delay | Up to $500 |
| Mobile Device Insurance | Up to $1,000 |
| Out-Of-Province Medical | Up to $2 million |
| Baggage Delay/Loss/Theft | Up to $1,000 |
| Car Rental Insurance | Up to $65,000 |
| No FX Fees | No foreign transaction fees |
| Use Points To Pay Off Your Balance | Minimum redemption requirement of 1,000 points |
American Express® Gold Rewards Card
The American Express Gold Rewards card comes with an in-depth travel insurance package to help you travel with peace of mind. Furthermore, if your baggage is lost or stolen, you’ll be reimbursed for any purchases made to replace the lost item. Plus, anything stolen from your hotel room will also be covered.
As an American Express Gold Rewards cardholder, you can also earn up to 2 points for every dollar spent using your credit card to make purchases, then redeem them for travel and other eligible items.
American Express Gold Rewards Card Main Features
- Annual fee: $250
- Interest rate:
- Purchase interest rate: 21.99%
- Cash advance rate: 21.99%
- Earn rate:
- Earn 2 points for every $1 spent on travel purchases, groceries, gas, and pharmacy purchases
- Earn 1 point for every $1 spent on all other purchases
- Earn 1 additional point on eligible online car or hotel bookings
Travel Benefits
| Lounge Access | Priority Pass lounge access and 4 free visits to Plaza Premium Lounges |
| Trip Cancellation | Up to $1,500 |
| Trip Interruption | Up to $1,500 |
| Flight Delay | Up to $500 |
| Out-Of-Province Medical | Up to $5 million |
| Baggage Delay/Loss/Theft | Up to $500 |
| Car Rental Insurance | Up to $85,000 |
| Travel Credit | – $100 travel credit towards any travel booking – If you stay at a participating hotel for 2 or more nights, you can get a free room upgrade if available and up to $100 credit to use on hotel amenities (ex: spa, dining, etc) |
| Nexus Rebate | Get $50 credit on your statement if you charge your NEXUS application or renewal to your credit card |
| Use Points To Pay Off Your Balance | Minimum redemption requirement of 1,000 points |
RBC Visa Infinite Avion
If you’re looking for a travel card with no blackout dates and are a fan of Avion points, this card is for you. You can earn Avion points with every dollar you spend using your card. Moreover, you’ll have access to a comprehensive list of travel insurance including emergency medical insurance, trip cancellation, trip interruption, rental car insurance and hotel burglary insurance.
If you’re under the age of 65 and are travelling for 15 days or less, you’ll be covered for an unlimited amount as an RBC Visa Infinite Avion cardholder. Plus, you’ll receive reimbursement if your trip is cancelled or interrupted for eligible reasons.
RBC Visa Infinite Avion Main Features
- Annual fee: $120
- Interest rate:
- Purchase interest rate: 20.99%
- Cash advance rate: 22.99%
- Earn rate:
- Earn 1 point for every $1 spent on all purchases
- Earn an extra 25% on qualified travel purchases
Travel Benefits
| Trip Cancellation | Up to $1,500 |
| Trip Interruption | Up to $5,000 |
| Flight Delay | Up to $500 |
| Mobile Device Insurance | Up to $1,500 |
| Out-Of-Province Medical | Unlimited emergency medical coverage in excess of expenses covered by government health insurance plans or other insurance plans |
| Baggage Delay/Loss/Theft | Up to $500 |
| Car Rental Insurance | Up to the actual cash value of the rental vehicle |
| Additional Insurance | – Mobile device insurance (up to $1,500) – Purchase and extended warranty – Optional road assistance available for an additional cost |
| Use Points To Pay Off Your Balance | Minimum redemption not specified |
Looking for the best credit card options?
Types Of Travel Insurance Available In Credit Cards
There are all sorts of different areas of coverage that may come with travel insurance, including the following:
Trip Interruption Insurance
If you’re in the middle of a vacation and something happens that requires the trip to be cut short, a travel interruption insurance policy will provide coverage for specific expenses. Trip interruption insurance takes effect as soon as your trip begins and ends when you return.
Trip Cancellation Insurance
Trip cancellation insurance will reimburse you for fees already paid if something happens leading up to your trip that requires you to cancel. This type of insurance takes effect as soon as you take it out and ends when you depart.
Travel Accident Insurance
This type of insurance provides coverage for an accident causing injury or death while travelling on a carrier, such as a plane, train, bus, or boat.
Travel Medical Insurance
Medical expenses that you incur when travelling abroad may be covered by a travel medical insurance policy.
Flight Delay Insurance
If your flight is delayed for whatever reason, you may be reimbursed for certain expenses, such as hotel fees and meals.
Lost Or Delayed Baggage
The cost of any necessary items that have to be bought because of lost or delayed baggage may be reimbursed with this type of insurance coverage.
Car Rental Theft And Damage Insurance
If you rent a car on your trip and it’s damaged or stolen, a car rental theft/damage insurance policy can help cover the costs you may owe to the rental company.
Hotel Burglary Insurance
This type of insurance may cover any of your belongings that are stolen from your hotel room.
Advantages Of Credit Cards With Travel Insurance
There are a couple perks of having a credit card with travel insurance:
Cheaper Than Travel Insurance
Perhaps the biggest and most obvious perk to a credit card with travel insurance is the fact that you likely will not have to purchase a separate policy to keep you covered while travelling. Instead, everything you need is included with your annual fee, unless you require more in-depth coverage than what your credit card’s policy offers.
Earn Points
Credit cards often offer some form of rewards system that allows cardholders to earn points with every dollar spent.
Easy Online Shopping
Credit cards make shopping online and booking travel possible.
Exclusive Travel Perks
Some credit cards offer VIP-level perks, including access to VIP airport lounges, and discounts on car rentals.
Factors To Consider When Getting Credit Cards With Travel Insurance
While there are certainly some perks that come with having a credit card with travel insurance, there are also some factors to consider before applying:
What Are The Card’s Coverage Limitations?
Make sure the credit card you have offers as much coverage as you’d like. Otherwise, you may end up having to take out a separate policy, which can cost you.
Does Coverage Only Cover The Cardholder?
While some credit cards offer coverage for you as a cardholder and your immediate family travelling with you, others may only exclusively cover the cardholder.
Are Pre-Existing Conditions Covered?
Like other types of travel or life insurance, a credit card travel medical insurance policy may not cover you for issues related to a pre-existing condition.
Does The Company Offer 24/7 Customer Service?
It would be extremely helpful if there was round-the-clock assistance available when travelling abroad, especially in an emergency situation.
Are You Eligible For The Card’s Travel Insurance?
Even though the credit card you carry offers travel insurance, it’s possible that you may not be eligible. For example, you may be over the age of 65, which is often the limit for coverage. In this case, you may have to pay for coverage that applies to those over that age limit.
Final Thoughts
If you travel frequently and don’t like the idea of always having to take out (and pay for) a travel insurance policy, then it might make sense for you to apply for a credit card that comes with travel insurance. Just make sure the card’s coverage is ample enough to suit your needs. Fortunately, several options are available for you to choose from.
Medical Insurance Credit Card FAQs
How do you make a medical travel insurance claim?
Are there any credit cards with travel insurance and no annual fee?
Who’s covered by credit card travel insurance?
Neo Credit and Neo Secured Credit cards are issued by Neo Financial™ pursuant to license by Mastercard International Incorporated.
¹Minimum balance in a Neo Everyday account required to earn the highest rate. Cashback earn subject to monthly maximum spend limits. Cashback may be limited and varies by perks, offer, and partner. There may be monthly limits for boosted cashback offers.
