When it comes to traveling, we all want to get the best deal possible. Whether you’re jetting off to a tropical island or exploring the bustling streets of a new city, saving money is always a top priority. That’s where travel rewards credit cards come in. These powerful pieces of plastic not only provide a convenient way to make purchases while abroad, but they also offer a variety of benefits and perks that can make your travels even more enjoyable. In this article, we’ll take a deep dive into the top credit cards for travel rewards, so you can choose the one that’s right for you.
1. Chase Sapphire Preferred
The Chase Sapphire Preferred card is a favorite among frequent travelers for its generous rewards program. Cardholders earn 2X points on travel and dining purchases, and 1X point on all other purchases. These points can then be redeemed for travel at a 25% bonus through the Chase Ultimate Rewards portal. Plus, new cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months, which is equivalent to $750 in travel rewards. The card also offers additional perks such as trip cancellation insurance and no foreign transaction fees, making it an ideal travel companion.
2. Capital One Venture Rewards
The Capital One Venture Rewards card is another top contender in the travel rewards world. With this card, you’ll earn 2X miles on every purchase, plus 10X miles on hotels when you book through hotels.com/venture. New cardholders can earn 50,000 bonus miles after spending $3,000 on purchases in the first 3 months, which is equivalent to $500 in travel rewards. You also have the flexibility of using your miles to book travel with any airline or hotel, without blackout dates or restrictions. Additionally, the card offers travel and purchase protections, as well as no foreign transaction fees.
3. American Express Platinum
If you’re a frequent traveler who values luxury and exclusivity, the American Express Platinum card may be the one for you. While it comes with a high annual fee of $550, the card offers a plethora of perks that can make up for the cost. Cardholders earn 5X points on flights booked directly with airlines or through Amex Travel, as well as 5X points on prepaid hotels booked through Amex Travel. Other benefits include access to airport lounges, statement credits for various travel purchases, and elite status with hotel and car rental programs.
4. Citi Premier
The Citi Premier card is an excellent option for those who want a variety of travel rewards without being tied to a specific airline or hotel brand. Cardholders earn 3X points on travel, including gas stations, airfare, hotels, and more. You’ll also earn 2X points on dining and entertainment purchases. Plus, new cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months, which is equivalent to $750 in travel rewards. The card also offers a 25% bonus when redeeming points for airfare through the ThankYou Travel Center, as well as no foreign transaction fees.
5. Bank of America Travel Rewards
The Bank of America Travel Rewards card is a great choice for those who want simplicity and flexibility in their travel rewards card. Cardholders earn 1.5X points on every purchase, and there are no limits on the amount of points you can earn. Plus, there are no foreign transaction fees, making it a great card to use abroad. Additionally, new cardholders can earn 25,000 bonus points after spending $1,000 on purchases in the first 90 days, which is equivalent to $250 in travel rewards. These points can then be redeemed for a statement credit to cover any travel-related purchases.
In conclusion, choosing the right credit card for travel rewards can significantly enhance your travel experience. From earning points on purchases to accessing exclusive perks and benefits, these top credit cards offer a variety of incentives for travelers. Consider your spending habits, preferred travel style, and the types of benefits you value most when determining which card is right for you. With the right credit card, you can earn rewards while you travel and make your next adventure even more rewarding.