Friday, May 13, 2022

UPDATED: Top Travel Credit Card Sign Up offers for May - These cards provide the best value out of their welcome bonuses


Here are Rewards Canada's Top Travel Credit Card Sign Up offers for the month of May 2022! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a card you should always take other factors into account other than the just sign up bonus, but when some of these cards are first year free, they can and do pay off even when you grab them strictly for the sign up rewards.

 

Remember you will find this list smack dab in the middle of the Rewards Canada homepage for easy reference!

This list has been updated as there were changes to the welcome offers on some of the American Express cards earlier this week. This sees the Amex Aeroplan and Marriott cards move down the ranks which made the TD Aeroplan cards move up to having the most valuable welcome bonuses at this time.
 

Here are our top credit card sign up offers for this month (in order of welcome bonus value, calculated as our minimum mile/points value for the program minus the annual fee)

 
 
Up to 105,000 points - Minimum value: $976
TD's ultra premium Aeroplan card provides a bonus of up to 105,000 Aeroplan points. You earn 20,000 Aeroplan points when you make your first purchase with your new card and then when you spend $1,000 each month for the first 10 months of Account opening you'll earn 8,500 Aeroplan Points per month. All told the points are worth no less than $1,575 in our minds and in reality should be worth much more. Take away the $599 annual fee and you have $976 in value and so many benefits to use when flying with Air Canada.  To get in on this bonus you have to apply by May 29 2022.
Minimum Income: $150,000 annual personal income or $200,000 annual household income
This offer is not available for residents of Quebec. For Quebec residents, please click here   
 
 

TD Aeroplan Visa Infinite Card  (Apply here)
Up to 50,000 points + no annual fee in the first year. Min. value: $750
  Earn up to 50,000 Aeroplan points†. Plus, first year no Annual Fee†. Conditions Apply. Must apply            online by September 5, 2022. Those 50,000 Aeroplan Point are worth $750 at a minimum but as the entire bonus relies on the card anniversary we do subtract the second year annual fee from this value.
Minimum Income: $60,000 annual personal income or $100,000 annual household income



American Express® Aeroplan®* Reserve Card (Apply here)
 Up to 85,000 points - Minimum value: $676

The new offer on this card sees 20,000 Aeroplan points awarded when you spend $3,000 on the card in the first three months. Then you can earn an additional 5,000 bonus points per month when you spend $1,000 a month on the card in the first 12 months. All told the 85,000 points are worth no less than $1,275 in our minds and in reality should be worth much more than that. Subtract the $599 annual fee and you get our $676 value.
Minimum Income: N/A
 


Up to 50,000 points - Minimum value: $630
The new offer on this card sees 50,000 Aeroplan points  being awarded when you spend $1,500 on the card in the first three months. Then you can earn an additional 2,500 bonus points per month when you spend $1,000 a month on the card in the first 12 months. All told the 50,000 points are worth no less than $750 in our minds and in reality should be worth much more than that. Subtract the $120 annual fee and you get our $630 value.
Minimum Income: N/A 
 
 
CIBC Aeroplan® Visa Infinite* Card (Apply here)
20,000 points + Buddy Pass  + no annual fee in the first year. Min. value: $600
  This card is offering 20,000 Aeroplan Points along with a bonus Buddy Pass along with no annual fee in the first year. The points are worth no less than $300 and we value the Buddy Pass at no less than $300 and with no annual fee in the first year we see this card provide at least $600 in value.
Minimum Income: $60,000 annual personal income or $100,000 annual household income
 

6. RBC British Airways Visa Infinite Card
    60,000 Avios  Min. value: $570

7. CIBC Aeroplan® Visa Infinite* Privilege Card
    75,000 Aeroplan Points Min. value: $526 

8. Marriott Bonvoy™ American Express®* Card
   
50,000 Bonvoy Points Min. value: $480

9. RBC Cathay Pacific Visa Platinum Card
   
40,000 Asia Miles  Min. value: $480

10. TD First Class Travel® Visa Infinite* Card
    100,000 TD Rewards Points Min. value: $400

Disclaimers:
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link.


Sponsored advertising. The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on any TD product, please visit the TD site


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