Staying in one place limits your chances of meeting new people and learning new things. Traveling, therefore, exposes you to a variety of cultures and sometimes helps you get your soulmate. It gets more worth it when all you need to take that dream vacation you have been putting off is a credit card. While a credit card affords you so many benefits such as the ability to make purchases even when you do not have cash, it can help you get travel rewards. With so many credit cards available, knowing which one suits you according to your needs is instrumental in assisting you to pick the right one. So, whether you are a regular traveler either because the business demands it or you have a passion for adventure, here are some of the travel cards that you should consider applying for if you do not have one already.
1. Chase Sapphire Preferred
In June 2018, Kiplinger’s Personal Finance listed Chase Sapphire Preferred as the best credit card for flexible travel redemption. Among the many attractive features of Chase Sapphire Preferred credit card is that you get 50,000 Chase Ultimate reward points upon signing up and making purchases worth at least $4000 in the first three months. These points are worth $625 which you can redeem anytime for as long you keep your card active to prevent them from expiring. Moreover, when you transfer the 50,000 points to the airline or hotel loyalty program, you will enjoy even more value since some of its partners include Marriott, Hyatt and many more. Additionally, whichever mode of transport you prefer, be it taxi, air, rental cars or cruise, the Chase Ultimate Reward Travel points cover them all and you can redeem through its travel portal. Further, upon signing up, you get a waiver of the annual fee of $95. This credit card awards you 2x points per dollar on travel and dining expenses and 1X per dollar for any other purchase.
2. Barclaycard Arrival Plus World Elite MasterCard
This one gets better because regardless of your purchases, you earn 2X points per dollar for everything which eliminates the need to track your purchases for the sake of receiving bonuses. Also, it does not cap the miles you can earn, and as long as you keep the card active, it will never expire. The best benefit that might interest you is that you get a sign-up bonus of 70,000 points if you make purchases worth $5000 in the first 90 days. Also, it has a cheaper annual fee of $89 compared to Chase Sapphire Preferred; which they waive for the first year. It extends some flexibility in the redemption program since you can redeem your points for cash back, gift cards, products, and travel statement credits. When you redeem your points, you also get to enjoy 5% back which makes this credit card worth considering.
3. Capital One Venture Rewards
Signing up with Capital One venture comes with 50,000 miles bonus which translates to $500. It also does not have a tiered bonus system since all purchases earn 2x miles. However, it only affords you two options of redeeming your points; booking travel through Capital One or travel-related purchases statement credit. Capital One also offers you 10 points per every dollar for Hotel.com purchases, and if you pay for the first ten nights, then you get a free 11th night. Moreover, you do not get to spend extra money on transaction fees if buying from outside the US. Traveling on the Capital One credit card has some other benefits such as 24/7 concierge service, complimentary room upgrade, special wining and dining experience among others.
4. Platinum Card from American Express
If you are a frequent traveler and flying is your preferred mode of travel, then the American Express Platinum credit card is what you need. You earn 5x membership reward points if you book your flight directly from AmexTravel.com or an airline. Though you can redeem these points in a 1:1 ratio for award flights or by transferring them to your frequent flyer account, transferring them to an airline is a more valuable option. You also get to enjoy $200 annual air travel credit, $200 Uber credit, unlimited Boingo Wi-Fi hotspot access complimentary airport hotel lounge access, Global Entry application fee reimbursement, and special hotel privileges. Further, new members get a bonus of 60,000 points for spending $5,000 in the first three months after sign up which equals $600 travel credits.
5. Wells Fargo Propel American Express Card
Now, this is the card to go for when you are looking to keep your expenses on the minimal side. It does not charge any annual fees, nor foreign transaction fees. You earn 3x points on streaming, dining, travel, and gas station services which you can redeem for cash, gift cards, charity donations or travel. All other purchases earn 1x for every dollar spent. Best of all, everyone is eligible, whether you are a Wells Fargo customer or not. As a new member, you earn 30,000 points if you spend $3000 on purchases for the first three months. The points translate to a cash redemption value totaling $300