In 2018, 93 million U.S. citizens traveled outside the country. Were you one of them? Or were you one of millions who traveled with the American borders?
Either way, did you pay for your trip out of pocket? If you are a frequent or not-so-frequent traveler, it’s smart to use the best credit cards for travel miles.
Not only will it make financing your trip more affordable, but it may also give you access to awesome perks to make your trip much sweeter. Read on for a list of the top five best credit cards for travel rewards.
1. Chase Sapphire Preferred Card
One of the best credit cards for traveling is the Chase Sapphire. You do need good or excellent credit to apply and there’s a $95 annual fee.
Yet for the seasoned traveler, it may be the ideal card. You’ll get two points for each dollar you spend on travel and dining. Plus, one point for all other purchases.
The best way to get the most out of the card is to use it to pay for your first vacation.
If you spend $4000 in the first three months of opening your account, you’ll get 60,000 bonus points. That equals $750 making this card one of the best credit cards for traveling.
This card includes the best travel rewards such as trip cancellation and interruption insurance, car rental collision damage waiver and so much more.
2. Capital One Venture Rewards Credit Card
Another of the best credit cards for travel miles is the Capital One Venture Rewards. There’s no annual fee for the first year. After that, you’ll pay $95.
You can earn two miles for each dollar on every purchase. All funds you spend at hotels.com/venture will get you 10 miles per dollar.
The bonus offer gives you 50,000 miles if you spend $3000 during your first three months. Another perk is that there are no foreign transaction fees. You also get extras such as roadside assistance and more.
3. The Platinum Card from American Express
Are you a fan of luxury travel? Especially to international destinations? Then the card for you with the best travel rewards is the Platinum Card.
This one comes with a hefty annual fee of $699 but you may find it’s worth it.
Cardholders will earn five points per dollar on flights booked directly with airlines or American Express Travel, or on prepaid hotels booked on amextravel.com.
The bonus offer gives you 60,000 points when you spend $5000 in the first three months. Other benefits for cardholders include $200 each year in Uber savings and $200 airline fee credit.
You can also enjoy access to over 1,200 airport lounges, late checkout and early check-in at participating hotels and more.
If you love upgrades, you’ll love the complimentary elite status you’ll get when you stay at either the Marriott or Hilton. Also, if you stay for two nights at fine hotels, you automatically get a free room upgrade, late checkout, $100 property amenity and more!
If you upgrade your seat on a flight, you’ll get $200 as a reimbursement each year! You can use that cash to cover the cost of checked baggage.
Another great travel perk with the Platinum Card is discount Uber rides. Each month cardholders receive a $15 credit for Uber purchases. In December, you can enjoy a $20 Uber credit.
Don’t want to be delayed at security? Buy Global Entry or TSA Pre√ and enjoy a up to $100 on your next credit card statement.
The Platinum card is perfect for travelers that love to be pampered and enjoy luxury.
4. Uber Visa Card
If you are looking for the best travel rewards card without an annual fee, the Uber Visa is it.
With the Uber Visa card you get 4% cashback on restaurants, takeout, and bars. Get another 3% back on airfare, hotels and vacation home rentals.
Online purchases (including Uber, music and video streaming and online shopping) will earn you 2% and you get 1% on everything else.
The bonus welcome offer gives you $100 if you spend $500 within 90 days of opening the account. The Uber Visa card is a great option for the budget traveler who wants to get rewards for each dollar spent.
Other cardholder perks include $600 worth of mobile phone damage protection if you pay your mobile phone bill with your card. And, if you spend over $5000 on the card each year (not hard to do) you’ll get a $50 credit for online subscriptions.
5. Blue Cash Preferred Card from American Express
Do you and your family love road trips? The American Express Blue Cash Preferred Card is perfect for road trippers.
You get an incredible 6% cashback on US supermarkets up to $6000. Each gas station visit will give you a 3% cashback reward. So whether you are fueling up your fridge or car or packing for a road trip, this card will help you save money on your next adventure.
Oh, and let’s not forget the 6% cashback on certain streaming services plus the 3% on transit costs including parking, tolls, taxis and much more.
So whether you want to earn a little extra cash for your family’s budget or want to save for a cross-country excursion, this card offers one of the best travel rewards for road trippers.
Final Thoughts on Best Credit Cards for Travel Miles
There you have it! Five of the best credit cards for travel miles. Whether you are looking for cashback on everyday purchases or want to get the full VIP treatment wherever you go, one of these is sure to be the best credit cards for traveling for your lifestyle.
Do you have questions or need help solving financial problems? We are the only resource you need. Learn more about Bonsai Finance and how we can help.