When you are trying to find the best travel credit card, it can be difficult to make up your mind. There are many credit card options and each has its own unique travel perks and rewards. Travel credit cards allow you to travel while earning benefits like points that can go toward restaurants and future hotel bookings.
However, because every card is unique, you will have to think about which perks will best suit your traveling needs. For instance, are you looking for cheaper airline travel or do you want your rewards to go towards cheap room reservations? What about both? The best travel rewards credit card is the one with features just for you. In the sections below, you will find five credit card options you can compare to find the right one for you.
1. The American Express Platinum Travel Points Credit Card
Provided by American Express, this is the best travel credit card for travelers who are always on the go. The perks offered by this card allows users to enjoy exclusive comforts at a lower price.
The annual fee for the Platinum credit card is $550. However, if you are on active military duty or are the spouse of a service member, you may have this fee waived. Although the annual fee is high, there are advantages that make this credit card worth the price.
The American Express Platinum Card is one of the best travel credit cards because you will have the opportunity to earn 60,000 bonus points when you spend $5,000 in the first three months after sign up. Alongside thousands of bonus points, you receive five times the membership rewards points. You receive these points when you:
- Book directly with airlines
- Book with American Express travel
- Prepaid hotels that you book in the Amex Travel website
These are not the features that make the Platinum card the best travel credit card. The card also comes with the following annual fee credits:
- $200 airline fee credit
- $200 in Uber credits
- $100 in statement credits for Saks Fifth Avenue
2. Best Credit Card for Travel Miles: Discover it Miles Card
This Discover card is a fixed value travel rewards card. This means that the credit card points have an assigned value. The points can be redeemed at a similar value to the cash price of the service or the ticket that you purchased. For example, if you pay $1,000 in airfare, then you earn 100,000 points on your credit card.
The reason this is the best travel rewards credit card is how miles are matched. Within the first year of signing up, you can earn what is about three miles per dollar spent. This makes the Discover card more lucrative than other cards that have high annual fees. Additionally, this credit card does not have an annual fee. After the first-time signup promotion is over, you will be earning 1.5 miles per dollar.
Furthermore, since this travel rewards credit card is of fixed value, you can redeem miles as a statement credit for travel purchases or get cash for it. There are also no blackout dates, meaning you can pay for any airline, hotel or rental car at any moment.
3. Best Travel Credit Card No Annual Fee: Capital One Venture One Rewards
This card shines in its simplicity. If all you need is a travel credit card and would like to avoid an annual fee in the process, then this might be the right card for you. One of the best credit cards for international travel, or otherwise, the Capital One Venture One card allows you to transfer miles to about 12 travel loyalty programs.
Furthermore, this card is beneficial for the periodic traveler who goes on infrequent trips. You can receive 20,000 bonus miles when you spend 1,000 within the first three months of signing up. These travel rewards credit card points add up to $200 of flexible travel rewards, meaning these points are transferable to different airlines and hotels.
For the rewards rate, you can earn a dollar per 1.25 mile and there is no limit or spending categories. You can also earn 10 miles per dollar when using your card to book rooms on the Hotels website. In addition to no caps or categories, the miles you accumulate will not expire if the account is open. Thus, there is also no limit to how many miles you can earn.
4. Bank of America Travel Rewards Credit Card
This is the best travel rewards card because it is so easy to earn rewards with. You also receive the chance to boost your reward potential when you enroll in the Preferred Rewards program. With a zero-annual fee, this card can become a regular travel card for the right user.
This travel points credit card allows you to earn around 25,000 bonus points once you spend $1,000 on purchases in the first 90 days after signing up for this credit card. When you redeem your point, you will receive $250 worth of statement credits for your travels.
The reward rates for the Bank of America Travel Card is a dollar per 1.5 miles without any limits or categories. You can boost your points earnings by 25 to 75 percent on each purchase you make when you are a Preferred Rewards member.
Another benefit of having this travel card includes the special zero percent introductory rate on purchases for 12 billing cycles. There are also no blackout dates when you decide to book your trip and your reward points never expire.
5. Chase Travel Credit Card: Chase Sapphire Reserve
This Chase travel credit card has transferable rewards that provides plenty of flexibility. Cardholders who are redeeming their points with the Ultimate Rewards program can enjoy 50 percent more value when they travel. This card can be very useful when combining it with Ultimate Rewards zero annual fee cards.
This card has a $450 annual fee but has many additional benefits that can make this credit card worth it for travel. This travel points credit card will provide you with 50,000 Ultimate Rewards bonus points when you spend $4,000 within the first three months of signing up. If you are a frequent flyer, then this credit card will be a great option for you.
When you start earning reward points, you will earn three points per every dollar you spend while traveling and dining. This only begins after earning your annual $300 travel credit. Additionally, you will receive one point per dollar spent.
One detail to keep in mind is that this is the best travel credit card for luxury, hence the luxury prices and perks. This will include access to 1,000 airport lounges around the world and so on.