Aspire Travel Platinum MasterCard Review

This is the travel rewards credit card that Capital One offers to the Canadian market. This card carries no annual fee and an annual interest rate of 19.8% on purchases, balance transfers, and cash advances.

Holders of the Aspire Travel Platinum Mastercard from Capital One earn 1 Reward Mile for every $1 spent on their card. Cardholders can then apply their Reward Miles toward the cost of nearly any travel-related expense, including airline and train tickets, taxis, and hotels. What is more, cardholders can book travel however they normally would. And because Rewards Miles do not expire and are not subject to blackout dates or seat restrictions, the Capital One Aspire Travel Platinum Mastercard allows cardholders to travel when and how they desire. Rewards Miles are worth 1¢ per mile, meaning a $400 plane ticket would cost 40,000 points. Additional benefits include purchase protection, extended warranties, several useful travel insurance products, zero-liability fraud protection, and a welcome bonus of 10,000 miles if the cardholders spends $500 within the first three months of opening the account.

The bottom line: Capital One's take on the travel rewards credit card is simple and straightforward. Although this card doesn't offer any particularly remarkable features, it also doesn't need to. Valued at 1¢ per mile, Capital One Reward Miles fall on the upper end of the spectrum when compared to the value of other credit card rewards points. Moreover, the flexibility for cardholders to use Reward Miles whenever and however they like sets it apart even from other flexible travel reward credit cards because Capital One Reward Miles are not tied to any specific airline. It's hard to ask for much more from a travel rewards credit card with no annual fee.