Airport lounge access can make your travel experience more enjoyable and comfortable, providing a quiet space to relax, work, or dine. While many credit cards offering lounge access come with high annual fees, there are some Canadian credit cards that provide this valuable perk without the added cost. In this article, we will explore the best Canadian credit cards with lounge access and no annual fee, helping you enjoy a touch of luxury during your travels without breaking the bank.
Best Canadian Credit Cards with Lounge Access and No Annual Fee
- BMO CashBack World Elite Mastercard
Annual Fee: $0 (for the first year, $120 thereafter) Rewards Rate: 1.5% cashback on all purchases
The BMO CashBack World Elite Mastercard offers a no-annual-fee option for the first year, making it an attractive choice for those seeking lounge access without an immediate annual fee. Cardholders earn 1.5% cashback on all purchases, with no limits on cashback earnings.
While the card does have a $120 annual fee after the first year, the lounge access benefit may outweigh this cost for frequent travelers. Cardholders receive a complimentary Mastercard Airport Experiences membership provided by LoungeKey, which grants access to over 1,000 airport lounges worldwide. Lounge visits are subject to a fee of $32 USD per person per visit.
This card also offers additional travel benefits, such as out-of-province and out-of-country emergency medical insurance, trip cancellation and interruption insurance, and car rental collision and loss damage insurance. These added protections can provide peace of mind for travelers and help to offset the annual fee after the first year.
- Tangerine World Mastercard
Annual Fee: $0 Rewards Rate: Up to 2% cashback
The Tangerine World Mastercard is a no-annual-fee credit card that offers airport lounge access through the Mastercard Airport Experiences provided by LoungeKey. Cardholders can earn 2% cashback in two categories of their choice, such as groceries, gas, or hotel accommodations, and 0.5% cashback on all other purchases. Additionally, cardholders can unlock a third 2% cashback category when they deposit their cashback directly into a Tangerine Savings Account.
While the lounge access benefit does not include free lounge visits, cardholders can enjoy discounted entry fees to participating lounges worldwide. The Tangerine World Mastercard also includes other travel perks such as rental car insurance and mobile device insurance.
- Scotia Momentum No-Fee VISA Card
Annual Fee: $0 Rewards Rate: Up to 1% cashback
The Scotia Momentum No-Fee VISA Card is another option for those looking for lounge access without an annual fee. This card offers 1% cashback on eligible gas, grocery, and drugstore purchases, as well as recurring bill payments. All other purchases earn 0.5% cashback.
While this card does not provide complimentary lounge access, cardholders can take advantage of the Scotia Rewards Travel Advantage program. This program offers access to over 600 airport lounges worldwide through Priority Pass, with a discounted annual membership fee and per-visit fee for lounge entry.
- PC Financial World Elite Mastercard
Annual Fee: $0 Rewards Rate: Up to 45 PC Optimum points per $1 spent
The PC Financial World Elite Mastercard is a no-annual-fee credit card that offers rewards tailored towards groceries and other everyday purchases. Cardholders can earn 45 PC Optimum points per $1 spent at Shoppers Drug Mart, 30 points per $1 spent at participating Loblaw banner stores, and 10 points per $1 spent on all other purchases. These points can be redeemed for free groceries and merchandise at participating retailers.
While the PC Financial World Elite Mastercard does not offer complimentary lounge access, cardholders can take advantage of the Mastercard Airport Experiences provided by LoungeKey. This program grants access to over 1,000 airport lounges worldwide, with discounted entry fees for cardholders.
In addition to lounge access, this card offers other travel benefits, such as travel emergency medical insurance, car rental collision and loss damage insurance, and 24/7 concierge service. These perks can help elevate your travel experience and provide added convenience and protection.
- MBNA Rewards Platinum Plus Mastercard
Annual Fee: $0 Rewards Rate: Up to 2 MBNA Rewards points per $1 spent
The MBNA Rewards Platinum Plus Mastercard is a no-annual-fee option that offers a rewards program focused on travel and merchandise redemptions. Cardholders can earn 2 MBNA Rewards points per $1 spent on eligible gas, groceries, and restaurant purchases (up to $5,000 annual spending per category), and 1 point per $1 spent on all other purchases.
While this card does not include complimentary lounge access, cardholders can enjoy the Mastercard Airport Experiences provided by LoungeKey. Similar to other cards mentioned in this list, this program offers access to over 1,000 airport lounges worldwide, with discounted entry fees for cardholders.
The MBNA Rewards Platinum Plus Mastercard also features travel benefits such as common carrier accident insurance, unexpected return home insurance, and car rental collision and loss damage insurance.
Conclusion
While Canadian credit cards offering both lounge access and no annual fee are limited, the options listed in this guide provide a balance of valuable perks and cost savings. By considering factors such as rewards rates, lounge access benefits, and additional travel perks, you can find a credit card that enhances your travel experiences without incurring a significant annual fee.
Keep in mind that although these cards do not charge an annual fee, lounge visits may still come at a cost. However, for travelers who value the comfort and convenience of airport lounges, these cards can provide a more affordable way to access these luxurious spaces. Remember to use your credit card responsibly, paying off your balance in full each month to maintain a healthy credit score and avoid interest charges. With the right credit card and responsible usage, you can unwind in style and enjoy a more relaxing travel experience.
