- Best for premium perks: The Platinum Card® from American Express
- Best for straightforward earning: Capital One Venture X Rewards Credit Card
- Best all-around card: Chase Sapphire Reserve®
- Best for eating out: American Express® Gold Card
- Best mid-tier card: Chase Sapphire Preferred® Card
- Best card for beginners: Capital One Venture Rewards Credit Card
- Best free rewards card: Bilt Mastercard®
What are travel credit cards, and how do they work?
Travel credit cards are financial products that offer various rewards and benefits geared towards frequent travelers. They typically earn you points or miles for every dollar spent on eligible purchases. These rewards can be redeemed for flights, hotel stays, car rentals, and other travel-related expenses. Travel credit cards may also include perks like travel insurance, airport lounge access, and no foreign transaction fees.
How do I choose the best travel credit card for my needs?
Choosing the best travel credit card depends on your travel habits, spending patterns, and preferences. Consider factors like the type of rewards offered (points, miles, or cash back), the card’s annual fee, sign-up bonuses, earning rates, redemption options, and additional travel perks. Analyzing these features will help you find a card that aligns with your lifestyle and offers the most value.
What are the benefits of using a travel credit card over other types of credit cards?
Travel credit cards provide unique advantages for travelers, such as earning rewards specifically tailored to travel expenses. Additionally, many travel credit cards offer travel-related perks like free checked bags, priority boarding, and travel insurance. Some cards also waive foreign transaction fees, making them ideal for international travelers.
What is a sign-up bonus, and how can I qualify for it?
A sign-up bonus is a promotional offer provided by the credit card issuer to entice new cardholders. To qualify for a sign-up bonus, you usually need to meet specific spending requirements within a certain timeframe after opening the account. The bonus can be in the form of points, miles, or cash back, and it’s a great way to jump-start your rewards earning.
Do travel credit cards charge foreign transaction fees?
Not all travel credit cards charge foreign transaction fees. Many of the top-tier travel cards waive these fees, making them ideal for international travel. However, it’s essential to read the card’s terms and conditions to confirm this before using it abroad.
How can I maximize the rewards earned with my travel credit card?
To maximize rewards, use your travel credit card for everyday expenses and large purchases. Take advantage of bonus categories and special promotions to earn more points or miles. Consider combining your travel credit card with loyalty programs to stack rewards and get even more value out of your purchases.
Credit cards come in all shapes and sizes. Well, I suppose that’s not right. They’re all the exact same size and shape. But you understand the meaning—they come in all different types of earning styles.
At the core of things, we can break them down into two categories: rewards cards and cash back cards. Both hold their own place in the credit sphere and benefit different users in different ways. But today, we’re going to focus on the best rewards cards.
The greatest tool in a traveler’s wallet is a rewards card. While cold hard cash might seem the better option, rewards, particularly travel rewards, are flexible, making hugely outsized redemptions possible. While a cash back card might offer only $750 in straight value, the best rewards cards can stretch to $2,000 in the right hands.
To help get you started, we’ve listed some of the best rewards cards on the market at different price points.
Best for premium perks: The Platinum Card® from American Express
- Best for: Premium perks and a huge bonus
- Earning rate: 5x points per dollar on up to $500,000 spent on airfare per year and 5 points per dollar on hotel stays and flight and hotel packages booked through the Amex travel portal; 1x points per dollar on everything else
- Notables: Priority Pass Membership, hotel statement credits, hotel elite status, shopping credits, and more
- Intro bonus: 80,000 points after spending $8,000 in the first six months of account opening
- Cons: Earning rate is poor, the annual fee is brutal, lounge access is being limited
The rundown: As rewards cards go, the Platinum Card® from American Express is top of the line. Loaded with luxury perks like unlimited lounge access and statement credits on hotels, fitness, streaming, and shopping, it’s easy to recoup the hefty $695 annual fee. See rates and fees.
Its current bonus of 80,000 points is one of the largest out there for a personal card and often increases into the six figures, so keep an eye on changes. Thanks to their transferability, a hoard of Amex rewards points is hugely valuable.
The downside to the Platinum Card® from American Express is its earning ability. Most spending is capped at 1x point per dollar, so if earning is your goal, you’ll want another card to bolster your reserves once the bonus drops into your account.
The Platinum Card® from American Express
80,000 Membership Rewards® Points
after you spend $8,000 on purchases in your first 6 months of card membership
The Amex Platinum was once the sole dominating force in the luxury credit card space. While it now faces some stiff competition, it still offers unbeatable perks like unprecedented airport lounge access, elite status at Hilton and Marriott, and some outstanding statement credits making the mammoth $695 worth it for some.
PROS
- The Amex Platinum’s typical intro bonus of 80,000 points is massive in itself. It’s worth $800 when spent directly through Amex’s travel portal on flights and hotels, which is already stellar. But when transferred to a partner, it’s very possible to squeeze over $1,600 or more in value.
- The Platinum has a slew of top-tier benefits, like Priority Pass, which gives the cardholder access to thousands of airport lounges and restaurants around the world, as well as Amex’s own Centurion lounges which are known for the high-quality (and free) food and cocktails. Other perks include up to $200 in Uber credits (to receive this benefit, you must have downloaded the latest version of the Uber App and your eligible American Express card must be a method of payment in your Uber account, and this Amex Benefit may only be used in the United States), up to $200 in airline fee credits (given in statement credits), up to $240 in digital streaming credits, up to $200 towards hotel bookings (given in statement credits) with Amex’s Fine Hotels and Resorts (2 night minimum stay required), and more. Enrollment is required for select benefits.
- A number of statement credits spanning multiple industries can build even more value into the card, including free stays when applied strategically.
- The Amex concierge is an underutilized benefit that can transform a trip by helping book hard-to-find dinner reservations or show tickets.
CONS
- The $695 annual fee is brutally high. Too high for many that can’t, or don’t want to take full advantage of its benefits.
- Points-earning rates are low unless spending directly on flights or with the Amex Portal.
- Some of the benefits, like travel credits, are more limited and are harder to use than competing cards’ offerings.
Annual Fee: $695 | Terms Apply | Rates & Fees
Best for straightforward earning: Capital One Venture X Rewards Credit Card
- Best for Customers who don’t want multiple cards
- Earning rate: 10x miles per dollar on hotels and rentals in Capital One’s travel portal, 5x miles per dollar on flights in Capital One’s travel portal, 2x miles per dollar on everything else
- Notables: Priority Pass Membership, $300 travel statement credit
- Intro bonus: 75,000 miles after spending $4,000 in the first six months of account opening
- Cons: Limited specialized earning, premium fee
The rundown: The Capital One Venture X Rewards Credit Card is one of the best rewards cards out there. Why? Because it’s very much a premium card that’s priced as a mid-tier one (as long as you spend $300 a year on travel). It costs $395 a year, but the $300 statement credit for travel effectively reduces that to $95, the same as its less premium sibling.
Despite the low cost, cardholders still enjoy a substantial 75,000-mile bonus, unlimited lounge access, and a number of other perks. Of course, Capital One’s angle is simplified earning, so you’ll earn 2x miles per dollar on every purchase. There are no specialized categories but a consistently high yield on everything. That’s an outstanding card.
Capital One Venture X Rewards Credit Card
75,000 Bonus Miles
after you spend $4,000 on purchases in the first 3 months of account opening
The Capital One Venture X is a direct competitor to the Chase Sapphire Reserve, and for many seeking a simpler earning scheme with premium perks, it could be the better option. But the Venture X truly shines with one benefit in particular: four free authorized users. Not only can they all use the card and earn miles, they all receive a Priority Pass membership which allows themselves and two guests access to airport lounges. In a highly improbable situation, that means you could technically bring 15 people into a lounge with you.
PROS
- Its solid intro bonus of 75,000 miles is worth well over $1,000 when transferred to partner airlines and hotels, or a flat rate $750 when redeemed on the Capital One Travel Portal.
- Cardholders get a bonus of 10,000 miles each year after their first account anniversary, which is nothing to shrug off, especially when a little bit short of that business class flight. It’s worth almost $200 depending on how you use it.
- The $300 annual credit for purchases made on the Capital One Travel Portal, combined with the yearly free miles, more than annul the $395 annual fee.
- Four authorized users can be added for free.
- The cardholder is entitled to a Priority Pass membership and entry to Capital One Lounges, even the authorized users.
- A generous offering of travel insurance, protections and reimbursements round out an excellent array of benefits.
CONS
- The $300 credit is a bit less flexible than the Chase Sapphire Reserve’s comparable benefit.
- Miles earning is the same as the Sapphire Reserve on portal-based purchases, but less on general travel spending.
- Capital one transfer partners are solid, but still don’t include any US-based airlines or hotels.
Annual Fee: $395 | Terms Apply | Rates & Fees
Navigator Tip
Many rewards cards come with annual fees. While some offer enough benefits to offset these fees, it’s essential to evaluate whether the perks and rewards you’ll earn justify the cost. The Capital One Venture X Rewards Credit Card, for instance, provides a $300 travel statement credit, effectively reducing the annual fee.
Best all-around card: Chase Sapphire Reserve®
- Best for: Strong spending categories and premium perks
- Earning rate: 3x points per dollar on dining, 3x points per dollar on travel, up to 10x points per dollar on Chase travel portal
- Notables: Priority Pass, $300 statement credit, TSA PreCheck
- Intro bonus: 60,000 points after spending $4,000 within three months of account opening
- Cons: $550 annual fee
The rundown: The Chase Sapphire Reserve® is a fan favorite, along with its cheaper sibling card, the Preferred. Its premium perks, like unlimited lounge access, are immediate winners, and the $300 statement credit for travel helps lessen the sting of the $550 annual fee. While that still leaves $250 to pay, its outsized intro bonus of 60,000 points can balance things out for more than triple that amount.
Earning is easy with big spending categories like restaurants and travel earning 3x points per dollar. At the same time, its strong transferability, including the rare ability to transfer to the ultra-valuable World of Hyatt, can help squeeze every bit of power from your points. Paired with a free or $95 card with flat-rate earnings, you’re in great shape.
Chase Sapphire Reserve®
60,000 Bonus Points
after you spend $4,000 on purchases in the first 3 months from account opening. That’s $900 toward travel when you redeem through Chase Travel℠.
The Chase Sapphire Reserve® is a premium travel card that’s accessible to most travelers as it has a number of valuable and easy-to-use benefits. Its annual fee of $550, though still high, is quickly offset thanks to its $300 travel credit, large welcome bonus, strong spending categories, and premium perks like airport lounge access. It’s also great for those who don’t want to deal with transferring their points, as you’ll get big value when redeeming through Chase’s travel portal.
PROS
- Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 60,000 points are worth $900 toward travel—which is more than the annual fee.
- The $300 travel credit covers anything travel related, whether thats an Airbnb, a taxi, a flight, or hotel, making it almost impossible not to lessen the dent the fee made.
- The points are worth 1.5 cents a piece when used directly on Chase’s Ultimate Rewards Portal, offering a simple but high value use for your points.
- Plenty of excellent transfer partners allow points to be maximized
- Some excellent partnerships with Doordash and Lyft add to its value.
- Priority Pass membership allows access to over 1,300+ airport lounges and restaurants.
CONS
- No complimentary elite hotel status, like that offered by the Amex Platinum.
- You won’t earn points on travel purchases until the $300 credit is used.
- It’s subject to Chase’s 5/24 rule. So if you’ve opened five cards in the last two years, you’re most likely not going to be accepted.
Annual Fee: $550 | Terms Apply | Rates & Fees
Best for eating out: American Express® Gold Card
- Best for: Foodies
- Earning rate: 4x points per dollar at restaurants and U.S .supermarkets, 3x points per dollar on flights booked through Amex travel
- Notables: Uber cash, dining credits
- Intro bonus: 60,000 points after spending $4,000 in the first six months
- Cons: Slightly higher annual fee of $250 (See rates & fees), perks are limited
Terms apply.
The rundown: If you eat out a lot, the American Express® Gold Card should be in your wallet. No card gets you so many points for your culinary indulgences. At 4x points per dollar at U.S. restaurants, you cover two of the most significant expenses in many people’s lives. Its 60,000-point bonus is phenomenal, too, especially considering how powerful Amex points are.
The downside is the limited chances to use its perks. It’s possible to cancel out the $250 annual fee using the dining credit and Uber cash credit, but it will depend on where you live and your lifestyle habits.
American Express® Gold Card
60,000 Membership Rewards® Points
after you spend $6,000 on eligible purchases with your new card within the first 6 months of card membership. Plus, receive 20 percent back in statement credits on eligible purchases made at restaurants worldwide within the first 6 months of Card Membership, up to $100 back. Limited time offer. Offer ends 11/6/24.
The American Express® Gold Card takes your dining and grocery spending to the next level, offering an impressive 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year, and 4X Membership Rewards® points per dollar spent at U.S. supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
To put this into perspective, if you spend $8,400 annually on dining and groceries, which aligns with the average American’s spending, you could earn enough points for a roundtrip flight to Hawaii. Meanwhile, the bonus alone is worth over $1,000, adding significant value to your everyday spending.
PROS
- Earn 4X Membership Rewards® points per dollar spent at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at U.S. supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- Add your Gold Card to your Uber account and get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S. each month, totaling up to $120 per year.
- Earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at Dunkin’ locations, totaling up to $84 per year.
- Get up to $100 in statement credits each calendar year for dining at U.S. Resy restaurants or making other eligible Resy purchases. That’s up to $50 in statement credits semi-annually. Enrollment required.
- Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys, totaling up to $120 per year. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges with every booking of two nights or more through AmexTravel.com. Eligible charges vary by property.
CONS
- $325 annual fee
- No major travel perks like its bigger sibling, the Amex Platinum
Annual Fee: $325 | Terms Apply | Rates & Fees
Best mid-tier card: Chase Sapphire Preferred® Card
- Best for Customers trying to keep annual fees down
- Earning rate: 5x points per dollar on Chase travel portal, 3x points per dollar on dining, 2x points per dollar on travel
- Notables: 10% annual points bonus, $50 hotel credit
- Intro bonus: 60,000 points after spending $4,000 within the first three months
- Cons: Perks are significantly less impressive than its premium sibling
The rundown: The Chase Sapphire Preferred® Card is similar to its premium sibling, the Reserve, albeit with a stripped-down perk selection. With 3x points per dollar on dining out and 2x points per dollar on travel, there are more robust options for day-to-day earning, but it’s perfect for a relative newcomer to learn the basics of spending categories or to fill a space left by other premium cards.
It does come with some perks, though. A 10% annual points bonus is a nice gesture, and the $50 hotel credit effectively makes the annual fee $45 for regular travelers, helping add to its low-risk, high-reward reputation. It’s a solid card to have in your wallet—and that’s not even considering the 60,000-point intro bonus.
Chase Sapphire Preferred® Card
Earn 60,000 bonus points
after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Travel℠.
The Chase Sapphire Preferred Card is the ultimate all-around travel credit card—it fits perfectly into almost any points-earner’s wallet. Points novices can enjoy a significant intro bonus and easy to grasp spending categories with an approachable annual fee. The more experienced can utilize its high value earning potential as a secondary card and also gain access to Chase’s strong travel booking portal.
PROS
- Get 25% more value when you redeem for airfare, hotels, car rentals, and cruises through Chase Travel℠.
- The $50 dollar hotel credit for stays purchased on the Chase Travel Portal already cuts the already approachable $95 annual fee significantly.
- A 10% annual points bonus is tacked on every year, adding a little more value.
- A free year-long Doordash DashPass membership is also thrown in, which gives you free delivery and some extra discounts. It’s a solid perk if you order food delivery at least semi-frequently (Activate by 12/31/2027).
- Along with all of the above, cardholders also have access to a string of travel protections like rental coverage, cancellation insurance, and purchase protection.
CONS
- Maximizing the value of Chase points can still be complicated for complete novices.
Competing cards like the Capital One Venture have a better earning rate for non-bonused spend.
It’s subject to Chase’s 5/24 rule. So, if you’ve opened five cards in the last two years, you’re most likely not going to be accepted.
Annual Fee: $95 | Terms Apply | Rates & Fees
Best card for beginners: Capital One Venture Rewards Credit Card
- Best for: Beginners
- Earning rate: 2x miles per dollar on everything, 5x miles on hotels and rentals on Capital One Travel
- Notables: N/A
- Intro bonus: Limited-time offer: $1,000 travel bonus—enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first three months from account opening
- Cons: No notable perks, no major spending categories
The rundown: The Capital One Venture Rewards Credit Card is effectively a stripped-down version of the Venture X. Besides the card’s limited-time $250 offer, it boasts the same huge intro bonus of 75,000 miles and the same flat-rate 2x miles per dollar on everything. It’s got everything but the premium perks.
And that’s not a bad thing. This card is perfect for two kinds of people: complete beginners who want simple earning with a low annual fee and more experienced users who already have a premium card and want to cover all their spending with at least 2x miles. There’s little to criticize with the Capital One Venture Rewards Credit Card, making it one of the best rewards cards available.
Earn up to $1,000 in travel bonuses
Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening— that’s equal to $1,000 in travel
The Capital One Venture is an excellent go-to card for any traveler, thanks to its easy to navigate 2 miles per dollar on every purchase. With no bonus categories to consider, a reasonable $95 annual fee, and a strong intro offer worth at least $1,000 in travel rewards, Alec Baldwin might be onto something.
PROS
- The Capital One Venture’s current intro bonus is worth $1,000 when spent on Capital One’s (recently revamped) travel portal or you can use your miles to cover your recent purchases. The bonus rises to well over $1,000 when transferred to an airline or hotel partner.
- A steady 2 miles per dollar on all purchases makes earning simple and lucrative. You’ll also grab 5 miles per dollar when booking through Capital One’s travel portal.
- Its $95 annual fee is almost negligible, especially if the intro bonus is achieved.
- Flexible miles allow for a wide array of redemption options.
- You can enjoy two free visits to a Capital One Lounge each year.
- You’ll get up to a $100 credit for a Global Entry or TSA PreCheck® membership, which can help make airport security a breeze.
CONS
- Capital One lacks US-based airline and hotel transfer partners.
- Not many major perks beyond its miles value.
Annual Fee: $95 | Terms Apply | Rates & Fees
Best free rewards card: Bilt Mastercard®
- Best for: Earning rewards on rent
- Earning rate: 1x points per dollar on rent, 2x points per dollar on travel, 3x points per dollar on restaurants
- Notables: Earning on rent, Rent Day Special, no annual fee
- Intro bonus: N/A
- Cons: N/A
The rundown: This card is a piece of brilliance. Rent makes up an immense portion of millions of people’s spending, yet it’s one of the most complex things to earn points on. The Bilt Mastercard® changes that. It’s a free card that allows you to pay for rent and make a point for every dollar spent—regardless of whether your landlord accepts the card. Bilt will send them a check on your behalf.
With this ability under your belt, it doesn’t matter what the perks are; it’s a free card, the points can be transferred to some excellent partners, and you’ve converted your most significant expense into your greatest supply of points.
Bilt Mastercard®
The no annual fee Bilt Mastercard® is a very unique product that can turn points earned from one of your largest monthly expenses into a heap of travel rewards and other redemption options. It’s the only card that allows you to pay your rent with no transaction fees—you’ll earn 1X points on rent, up to 100,000 points year. Many landlords don’t accept credit cards or they charge a convenience fee to use a credit card to pay rent—making it an intriguing option for renters across the US. Plus, its points can be transferred to valuable airline and hotel partners. You must use the card 5 times each statement period to earn points.
PROS
- The greatest benefit is obvious: redeeming points earned from rent into travel rewards with no transaction fees attached.
- Bilt has some excellent and unique transfer partners, like United Airlines and Hyatt.
- Decent points-earning potential in other categories like 2X points on travel, 3X points on dining, and 1X points on rent (up to 100,000 points in a calendar year) and other purchases.
- You can earn interest on Bilt Points when you reach Silver status.
- A few other nice benefits are included, such as Cellular Telephone Protection.
CONS
- No sign-up bonus
- Use the card 5 times each statement period to earn points. So you can’t use it solely for rent. I’d advise putting some restaurant bills on it, as you’ll grab 3X points on those transactions.
Annual Fee: $0 | Terms Apply | Rates & Fees
Frequently asked questions
Some rewards cards, particularly those from American Express and Chase, offer the flexibility to transfer points to various airline and hotel loyalty programs. This feature can increase the value of your rewards, especially if you have specific travel goals. Check the terms and conditions of each card for details on point transferability.
When traveling with a rewards card, take advantage of the travel-related benefits, such as lounge access, TSA PreCheck or Global Entry fee credits, and travel statement credits. Additionally, consider carrying a backup card from a different payment network (e.g., Visa or Mastercard) to ensure you have payment options wherever you go.
To maximize the benefits of your rewards card, use it for everyday expenses in categories where you earn the most points or cash back. Pay attention to bonus categories and introductory bonuses. Additionally, consider combining multiple cards to cover a broader range of spending and earning opportunities.
Ask the Navigators: What's the best travel credit card?
by your friends at The Daily Navigator
