A guide to the best robo-advisors in Canada for 2021 + MORE Jan 3rd

With a good travel credit card in your name, going on a trip can suddenly become more affordable (when you are ready to travel again, of course). And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexibility to transfer points between cards.
The card you choose should be based on the type of travel you enjoy, how you use your credit card (and on what purchases) and which additional travel benefits fit your lifestyle. To help you pick the perfect card, we’ve come up with a list of Canada’s best travel credit cards.
The best travel credit cards in Canada 2021

Card
Rewards
Annual fee

American Express Cobalt
(get more details)*

5 pts/$1 on groceries & dining
2 pts/$1 on travel, gas & transit
1 pt/$1 on everything else
1 pt = 1% / up to 1.75% in travel rewards

$120

Scotiabank Gold American Express
(get more details)*

5 pts/$1 on groceries, dining & entertainment
3 pts/$1 on gas, transit & streaming services
1 pt/$1 on everything else
1 pt = 1% in travel rewards

$120

MBNA Rewards Platinum Plus
(get more details)*

2 pts/$1 on groceries, gas & dining‡
1 pt/$1 on everything else
1 pt = 1% in travel rewards

$0

TD First Class Visa Infinite
(get more details)*

9 pts/$1 on travel (via ExpediaForTD)
3 pts/$1 on everything else
1 pt = 0…

Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balance monthly and find the right rewards program for you, and you are sure to come out ahead. There’s a slew of credit card options out there, and it can be challenging to find the best deal—but this list of best credit cards in Canada is here to help. We’ve highlighted the best in 13 different categories so that you can zero in on the ones that fit your spending habits, and offer features you truly value. Remember, this ranking is the starting point; the final decision is yours to make. 
The best credit cards in Canada 2021

Card
Rewards / Features
Annual fee

American Express Cobalt
(get more details)*

5 pts/$1 on groceries & dining
2 pts/$1 on travel, gas & transit
1 pt/$1 on everything else

$120

Scotiabank Gold American Express
(get more details)*

5 pts/$1 on groceries, dining & entertainment
3 pts/$1 on gas, transit & streaming
1 pt/$1 on everything else
No foreign exchange fees

$120

Amex SimplyCash Preferred
(get more details)*

2% cash back on everything

$99

Scotiabank Momentum Visa Infinite
(get more details)*

4% cash back on groceries & recurring bills
2% on gas & daily transit
1% on everything else

$120

TD First Class Travel Visa Infinite
(get more details)*

9 pts/$1 on travel (via ExpediaForTD)
3 pts/$1 on everything else

$120

BMO eclipse Visa Infinite
(get more details)*

5 pts/$1 on groceries, dining, gas & daily transit
1 pt/$1 on everything else
$50 annual lifestyle credit

$120

Tangerine Money-Back
(get more details)*

2% cash back in up to 3 spending categories
0…

The robos have invaded. What was once a little-known investing tool for tech-savvy investors is now so commonplace, everyone from newbie savers to retired boomers using robo advisors to help manage their money.  
While advisors and traditional fund companies still manage the majority of money in Canada, with people paying more attention to fees and with interest in exchange-traded funds (ETFs) increasing, robo advisors will only see their assets under management continue to rise. According to the research aggregator Statista, Canadian robos will hold an estimated US$8.1 billion in assets under management in 2020, which, it predicts, will rise to US$16.6 billion by 2023, for a 26.7% compound annual growth rate.
As time goes on, these companies are also getting more sophisticated in their offerings. Some robos now offer chequing accounts, others let you pick stocks or buy insurance or offer real-life financial advice. You can invest in all kinds of accounts too, including tax-free savings accounts (TFSAs), registered retirement savings plans (RRSPs), registered retirement income fund (RRIFs), registered education savings plans (RESPs) and others…