Capital One Aspire Travel World Mastercard Review (Canada)

The Capital One Aspire Travel Mastercard is one the best rewards credit card you can get in Canada. This is one of my most regular used card because of the great perks and no-blackout travel rewards. Not to mention the card is black and looks great. Cashiers will take a second look at it when taking your cards.

Highlight

• 2 miles per dollar on all purchases (2% on travel or 1.5% cashback), including on travel you redeem
• 35,000 miles (worth $350) bonus on your first purchase, or 50,000 miles (worth $500) bonus on your first purchase with promotion
• And you can receive an additional $35 sign-up bonus from Great Canadian Rebates referral link ††
• 10,000 miles (worth $100) anniversary bonus every year
• No-fee for additional cards
• No-blackout no-expiration hassle-free rewards, any airline, expedia, or whatever
• $120 annual fee (net $20 fee after anniversary bonus)
• There are many many world class benefits

World Class Travel Benefits

• Travel Emergency Medical: 22 days coverage
• Flight Delay: $250 per day up to $1,000 for a delayed flight, or missed connection that last 4+ hours
• Travel Accident Insurance: $500,000 travel insurance coverage
• Trip Interruption: $1,000 cancellation expenses per person up to $5,000 per trip due to an illness or injury
• Trip Cancellation: $5,000 trip interruption expenses per person up to $25,000 per trip due to an illness or injury
• Baggage Loss: $1000 per trip
• Baggage Delay: $100 per day up to 3 days when your checked baggage is delayed for 4+ hours at your away-from-home destination
• Car Rental Collision/Loss Damage Waiver: Insures against car damage or theft up to 24 hours 

 World Class Shopping Benefits

• Price Protection: Refund up to $100 of the price difference per item up to $500 per year for items advertised for sale less in Canada up to 60 days of purchase
• Purchase Assurance: Insures against theft or damage anywhere in the world for 120 days from purchase
• Extended Warrant: Doubles the original manufacturer's insurance coverage up to 2 years

Redeeming your rewards

Now the best part, mile redemption. Simply charge the cost of the trip on the card and go online and select your travel expense to redeem. Capital One automatically recognizes your travel expenses.

Note that it is a tiered redemption system, but its flexible because you can break down your expense to meet the best tier as explained in the example. Or you can opt to receive cash for 1.5% rewards.

Miles Needed	For Travel That Costs...
15,000	Up to $150
35,000	$150.01 - $350
60,000	$350.01 - $600
100x cost	$600+

Example

Lets say your travel is $450. Oh no, based on the tier system, you require 60,000 miles to redeem (1.5% reward). But even if its for yourself, you can redeem for 3 imaginary travelers online and in which case, you fall under the $150 tier (450/3 = 150) and can redeem for 45,000 miles (2% reward).


†† You will receive $2 for signing up and $35 after applying and getting approved for the credit card though the link. I do receive a little compensation when you use my referral link.