Capital One has discontinued their popular Aspire Travel World Mastercard and replaced it with a not-so-great version:
http://www.capitalone.ca/credit-card...l-world-elite/
The old card gave 2 reward miles for every $1 in spending which essentially worked out to 2% back. It had a $120 annual fee but also gave 10,000 reward miles each year as a bonus and 35,000 reward miles for anyone who signed up (which has since been taken away)