If you fly frequently, you’ll want to start looking into a good travel credit card. A solid travel credit card can help you get free trips, assist with travel emergencies, save you from overseas fees, and also save you a ton of money in the long run.
But what’s the best travel card for one person, might not be the best card for you. So keep reading as we break down the five best credit cards, to help you determine which card is the best fit for your frequent flyer lifestyle.
1. The Best Miles Credit Card: Capital One Venture Rewards Credit Card
This card is our top choice because all around it’s a solid card. The Capital One Venture Rewards card gives you a flat rate and Hotels.com rewards, which is perfect for frequent travelers.
This card has no annual fee for the first year, and then an annual fee of $95 moving forward with a regular Annual Percentage Rate (APR) of 17.99 percent to 25.24 percent of a variable APR making this card significantly less costly than a payday loan online. If you have good to excellent credit, you should be approved for this credit card.
This card is one of the most popular travel cards on the market due to its easy rewards and its flexible redemption. Here you’ll get a one time offer of 50,000 bonus miles once you spent $3,000 within the first three months of opening your card. That’s about $500 in travel, or in most cases a free round trip!
With every purchase, you’ll get double miles, and you can earn ten times the amount of mils on hotels through January 2020. Your miles won’t expire, and there’s no limit on how many miles you can rack up, also there are no foreign transaction fees. You can also fly on any airline, book at any hotel whenever without any blackout days.
2. Chase Sapphire Preferred Card
The Chase Sapphire Preferred card is great for large bonuses and airline miles. With an annual fee of $95 and an APR of 18.24 to 25.24 percent variable APR, this card is ideal for someone with good to excellent credit.
If you are loyal to one airline, this might not be the best card for you. However, if you want the flexibility to redeem and earn rewards, then this is the best travel credit card on the market.
This card lets you earn 60,000 bonus points after spending $4,000 in the first three months of opening this card. Which breaks down to about $750 towards travel when you redeem those points. You also get double the points on dining and travel and restaurants across the world and a point towards every dollar you spend on other purchases.
3. Bank of America Travel Rewards Credit Card
This card is best for flat rate rewards and no annual fee. This card does have a regular APR of 17.24 percent to 25.24 percent of variable APR, with a zero percent intro APR on purchases for your first 12 billing cycles.
You’ll need good to excellent credit for this card which is ranked among the top travel card, especially if you are already a Bank of America customer. This card provides flexible redemption, but again, this card is only really valuable if you already have a Bank Of America account.
This card gives you unlimited 1.5 points for every dollar spent, with no foreign fees and your points never expire. You will get 25,000 online bonus points after you spend at least $1,000 in the first 90 days of having your card, which is a $250 credit towards travel expenses.
You can also use this card to book travel how and wherever you want, without being limited to any websites or blackout days.
4. Wells Fargo Propel American Express Card
This card is great for bonus rewards and no annual fees. With a regular APR of 16.24 percent to 28.24 variable APR and zero percent APR for 12 months on qualifying balance transfers and purchases. This makes it better than the best personal loans if you transfer balances for a one year period.
If you have good to excellent credit and want excellent rewards at the best price, this card is for you. While you won’t get exclusive travel perks with this card, you will get what NerdWallet named the best travel credit card with no annual fee for 2019.
This card gets you 30 thousand bonus points after spending $3,000 in the first three months with a redeemable value of $300 cash. You’ll get triple the points when you spend at gas stations, transit, rideshare, flights, hotels, car rentals, and homestays. While still getting a point on all other purchases.
5. Chase Sapphire Reserve
While this card has an annual fee of $450, and you need excellent credit to get it, if you can afford it, you will rack up a ton of benefits. With a regular APR of 19.24 percent to 26.24 percent variable APR, this is the best premium travel card on the market.
This card delivers high-end rewards and perks, like earning 50,000 bonus points after spending $4,000 in the first three months. This breaks down to about $750 towards travel. Money Magazine named this card the Best Premium Travel Credit Card of 2018, and we can see why.
You also get a $300 annual travel credit to reimburse you for travel purchases you charge to your card every year, plus triple the points on travel after you earn that credit. You also get triple the points when dining at restaurants, and a point for every dollar you spend elsewhere.
This card has no foreign transaction fees and gives you fifty percent more value if you redeem your points with Chase Ultimates Rewards. So 50,000 points are worth $750 towards travel.
You also get a one to one point transfer when you use any leading hotel or airline loyalty programs, plus access to more than a thousand airport lounges once you enroll for Priority Pass Select. This card also gives you a credit of $100 for your Global Entry or TSA pre-check application.
Get Your Travel Credit Card Today
Now that you know the top five best miles credit cards on the market, find the card that works best for your budget and lifestyle. Your travel card can give you so many points, perks and end up saving you money in the long run. For more financial advice and information, be sure to check out our blog.
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