As the world of credit cards has evolved, so have the reward programs associated with them. One of the most sought-after categories of rewards is travel. The best travel rewards credit cards provide a range of benefits, including points or miles for spending, VIP treatment at hotels, free or discounted flights, and more. This article will discuss some of the best credit cards for travel rewards.
Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is often touted as one of the best travel rewards cards for beginners and frequent travelers alike. Cardholders earn 2 points per dollar spent on travel and dining and 1 point per dollar on all other purchases. Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards, and there are no foreign transaction fees. Additionally, the card offers a generous sign-up bonus.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Card offers simplicity and flexibility. Cardholders earn 2 miles per dollar on all purchases, with no categories to track. These miles can be redeemed for any travel expense, giving you the freedom to travel how you want, without being tied to a specific airline or hotel chain. This card also provides a one-time bonus to new cardmembers.
The Platinum Card from American Express
The Platinum Card from American Express is a high-end travel card that offers a wealth of benefits in exchange for a hefty annual fee. These benefits include 5 points per dollar spent on flights booked directly with airlines or with American Express Travel and on eligible hotels booked with amextravel.com. Cardholders also enjoy access to the Global Lounge Collection, a credit for airline incidental fees, and Gold Status with Marriott Bonvoy and Hilton Honors, among other perks.
Chase Sapphire Reserve Card
The Chase Sapphire Reserve is the premium offering from Chase. It earns 3 points per dollar spent on travel and dining worldwide and 1 point per dollar spent on all other purchases. Similar to the Sapphire Preferred, points are worth 50% more when redeemed through Chase Ultimate Rewards. Additionally, it offers a $300 annual travel credit and complimentary access to more than 1,000 airport lounges worldwide with Priority Pass Select.
Wells Fargo Propel American Express Card
The Wells Fargo Propel American Express Card is a strong choice for a no-annual-fee travel card. It offers 3 points per dollar spent on eating out, ordering in, gas, rideshares, flights, hotels, homestays, car rentals, and popular streaming services, and 1 point per dollar on all other purchases. Points can be redeemed for travel, gift cards, merchandise, or cash back.
When choosing a travel rewards credit card, it’s crucial to consider your specific needs and spending habits. Do you travel frequently enough to justify an annual fee? Do you prefer luxury perks or no-fuss rewards? How you answer these questions will determine which card is best for you.
Additionally, it’s important to remember that travel reward credit cards often require good to excellent credit for approval. Therefore, if you’re just starting to build credit, you may need to consider other types of cards first.
Always verify from the card issuers directly for the most current offerings, terms, and conditions.
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