10 Best Travel Rewards Credit Cards Review

0
35
Travel Rewards Credit Cards

Venturing into the world of credit cards can be very challenging when you are getting started. There are so many options and information available which means that there are few questions you need to answer. Do you require the airline miles or transferable points? Are you comfortable with free nights at a hotel chain? It is important to set your travel goals first before you think of selecting the right card. You should determine whether you want to fly in a premium cabin or whether you are comfortable traveling in economy. The key to the best travel reward card will also depend on your budget. It is not likely that everyone will be capable of taking the most expensive credit card. The cheaper ones might also provide everything you need depending on your preferences.

After making the right decisions, it is now time to blend the appropriate features to the right card. To help you match your travel goals with loyalty points, we have compiled a list of ten best travel rewards credit cards that are up to the desired expectations. When compiling this list, we also keep simplicity in mind and none of these cards are tied to programs that are complicated or difficult to understand. In the long term, they will be potentially keeping in your credit card inventory and most of them are worth getting.

What you need to understand is that you should take it slow and understand all the features if you are getting the travel card for the first time. Pick one that best suits your traveling interests and are up to your desired standards. You should be comfortable with the annual fees according to your budget and ensure they deliver the best experience of a lifetime.

Model Annual Fee Bonus
Chase Sapphire Reserve (Editor’s pick) $450 50,000 points
Capital One Venture Rewards Credit Card $59: $0 in first year 40,000 points
Ink Business Preferred Card from Chase $95 80,000 points
Barclaycard Arrival plus World Elite MasterCard $89: $0 in first year 50,000 points
Citi/AAdvantage Platinum Select World Elite MasterCard $95: $0 in first year 60,000 miles
Starwood preferred guest credit card $95: $0 in first year 25,000 points
Chase Freedom Unlimited $0 $150 cash back
Bank Americard Travel Rewards Credit Card $0 20,000 points
The Hyatt Credit Card $75 2 free nights& 5,000 points for additional authorized user
Alaska Airlines Visa Signature card $75 30,000 miles

  1. Chase Sapphire Reserve

The Chase Sapphire Reserve credit card earns 3x on both dining and travel which makes it easier to accumulate the points. You can also redeem the points you earn using the card directly at the Ultimate Rewards travel portal for hotels, airfare, and other travel bookings at 1.5 cents per point. It comes with a 50,000 point bonus which is worth a minimum of $750. You are also guaranteed 1.5 cents per point when you earn points from other business cards or Ultimate Rewards personal cards. However, if you transfer the points to one of Chase’s 11 travel partners, you get a higher value. This features can save you lots of money on several trips if you were to pay in cash. An ultimate rewards points that are valued at 2.2 cents apiece implies that the 50,000 points bonus can be worth up to $1,100. This makes Chase Sapphire Reserve one of the best travel rewards credit cards in the listings.

Features and Bonus
Sign-up bonus: 50,000 points in 3 months for $4,000. Others: 6.3% return on TPG’s latest valuations, $450 annual fee, several redemption options, and no foreign transaction fees. It also comes with an APR of 16.74-23.74% (variable) and $349 average yearly rewards value.

Pros Cons
  • There is no point limits or expiration dates
  • It lacks blackout dates
  • You can buy travel from outside sites and later redeem for statement credits
  • You can use partial points to pay for travel
  • It is possible to combine points from other chase cards
  • You can redeem up to 50% bonus on travel rewards through the Chase website
  • It has a lower value for merchandise

  1. Capital One Venture Rewards Credit Card

If you are looking for a simple and straightforward points program that has little restrictions, Capital One Venture Rewards will be the best choice for you. It has one of the greatest reward rates in the market since you get two points for every dollar you spend on your general expenses. You can get up to $400 in value for reaching the spending threshold after three months of approval. This is described by the high return on travel rewards where you get 1 cent per point on average.

You are also provided with flexible options of redemption since there are no blackout dates, point limits or expiration dates. You can also redeem your purchases for statement credits or even book airline and hotels on external websites. Regardless of the brand you can book travel at your own convenience and take advantage of outside promotions.

Features and Bonus
Sign-up bonus: 40,000 points in 3 months for $3,000. Others: Visa Signature benefits, no foreign transaction fees, travel discounts and upgrades, and $59 annual fee; $0 in the first year. It also comes with 13.74-23.74% (variable) APR and $412 average yearly rewards value.

Pros Cons
  • There are no blackout or expiration dates
  • No limits to the points you can earn
  • No minimum points needed to redeem for travel
  • You can redeem any airline or hotel purchase for a statement credit
  • Lack of ability to transfer points.

  1. Ink Business Preferred Card from Chase

The Ink Business Preferred Card might not possess every feature of the travel benefits but offers you with a higher bonus of up to 80,000 Chase Ultimate Rewards points. You can transfer them to other Chase travel partners such as Star Alliance member United Airlines or the Hyatt. It saves you money in the long run if you were to pay for the flights in cash. You can also use the card for regular business purchases as it has numerous advantages. You receive 3 points per dollar on shipping purchases, travel, cable, the internet, advertising purchases and phone services.

This card also offers unique cell phone insurance benefits and you can pay for your cell phone bill against potential risks. It provides a cover of up to $600 in situations of damage or theft. If you use the Ink Business Preferred to settle your rental expenses, there will be no need of involving your insurance company. You won’t need to be worried about increased insurance premiums.

Features and Bonus
Sign-up bonus: 80,000 points in 3 months for $5,000. Others: 3 points per dollar for the first $150,000, $95 annual fee, and 6.3% returns, a variable APR of 16.74-21.74%, %918 average yearly rewards value. It also comes with $600 cell phone protection, baggage insurance, no foreign transaction fee, and an extended warranty.

Pros Cons
  • There is no expiration of points
  • It comes with many redemption categories
  • You get 25% travel discount through Ultimate Rewards website
  • It does not have blackout dates
  • You can also book travel on the outside sites
  • The points are easily transferable to other Ultimate Reward cards.
  • You won’t receive an instant transfer on all the points.

  1. Barclaycard Arrival Plus World Elite MasterCard

Barclaycard Arrival Plus will be among your best choices if you are looking for a straightforward rewards program that has few restrictions. This card offers you with one of the most valuable rewards programs in the market. You get 50,000 bonus in the first three months for spending $3,000. In statement credits, it is worth $500 which matches some of our top picks in the category of rewards.

Barclaycard Arrival Plus World Elite MasterCard has flexible options of redemption. You do not have to redeem your travel rewards at a designated site by purchasing a travel. All this can be done directly from your vendor and other selection of discount travel sites. You also get bountiful travel adventures such as no foreign transaction fees, a new EMV chip and PIN feature.

Features and Bonus
Sign-up Bonus: 50,000 points in 3 months for $3,000. Others: No foreign transaction fees, EMV chip, discounts on luxury travel, free upgrades and discounts on business class tickets having partner airlines. It also comes with $89 annual fee; $0 in the first year, 16.74%, 20.74% or 23.74% (variable) APR and $491 average yearly rewards value.

Pros Cons
  • There are no blackout dates and expiration dates
  • There are no limits to the miles you can earn
  • You can redeem any travel purchase within 4 months for a statement credit.
  • It lacks options of transferring points
  • You cannot redeem the merchandise

  1. Citi/AAdvantage Platinum Select World Elite MasterCard

If you frequently use the American Airlines as your primary airline or you feel like switching to it, you will get the most out of Citi/AAdvantage Platinum Select World Elite MasterCard. This card offers you with extra features and savings that will also maximize your opportunity to earn AAdvantage miles. It is a great option for stocking up points and you get 60,000 miles during the sign-up after you spend $3,000 in the initial three months.

It comes with a lower-than-average rewards rate and a mileage rebate. Every dollar spent on AA purchases earns you 2 AAdvantage miles. You are also entitled to receive 10% of your miles return during each calendar year, of up to 10,000 miles. Their annual fee might seem higher than normal but it is still payable at $95. You can find some good deals with the reduced-mileage awards of the American AAdvantage despite the fact that there are limited destinations.

Features and Bonus
Sign-up bonus: 60,000 miles in 3 months for $3,000. Others: preferred boarding privileges, first checked bag free, Citi Price Rewind, travel, and emergency assistance, Apple Pay, 25% savings on in-flight purchases and lost baggage protection. It also comes with $95 annual fee; $0 in the first year, 16.49-24.49% (variable) APR and $720 average yearly rewards value.

Pros Cons
  • Some itineraries are offered off-peak discounts
  • 10% redeemed miles back of up to 10,000 every year of the calendar
  • Select destinations are provided with quarterly 7,500 mile discounts
  • Good award levels domestically and a few other countries’
  • High fees for various changes in awards
  • Ability to redeem awards to faraway destinations is hindered by the restrictive routing rules.

  1. Starwood Preferred Guest Credit Card

If you are used to traveling frequently and enjoy high-end hotels, then Starwood preferred guest credit card will be one of your priorities. They provide flexible options for airline transfer and you can always make good use of the card’s sign-up bonus. This card provides you with a stellar redemption value and it is great for frequent fliers. It is said that one-star point is approximately twice what other brand cards are worth, which enhances its reputation in the market. These points are more valuable if you redeem complimentary airfare or Starwood property hotel stays.

You also have the option of transferring your reward points to various programs of frequent-flier. Not only does it come with a good sign-up bonus but also offers premium perks for less. You get a huge load of premium perks that are often maintained for exclusive credit cards.

Features and Bonus
Sign-up bonus: 25,000 points in 3 months for $3,000. Others: No foreign transaction fee, travel and roadside assistance, free hotel internet and Bongo Wi-Fi, and car rental and travel accident insurance. It also comes with $95 annual fee; $0 in the first year, 15.99-19.99% APR and $526 average yearly rewards value.

Pros Cons
  • No blackout or expiration dates
  • No limit to the points you earn
  • You earn bonus points during conversion of 20,000 points into miles
  • Has a high value of redemption for airline and hotel purchases
  • You need a lot of points to redeem for a weekday travel
  • You get low value of points in less expensive hotels

  1. Chase Freedom Unlimited

If you want to earn cash back at a higher rate on your regular purchases, Chase Freedom Unlimited will be the right choice for you. You get cash back over travel rewards with valuable travel and purchase benefits. It provides one of the largest bonuses with cash back cards. If you spend at least $500 in the first 3 months, you get a nice sign-up bonus of $150. In all purchases, you get a flat rate of 1.5 percent cash back and most people prefer the simplicity of this card. Chase Freedom Unlimited credit card offers you with flexible redemption options and you can always expand your Chase Ultimate Rewards points.

There are numerous features provided by Freedom Unlimited and the cardholders who are traveling will benefit from lost luggage reimbursement, trip cancellation and interruption, and car rental insurance.

Features and Bonus
Sign-up bonus: $150 in 3 months for $500 and $25 for additional authorized user. Others: Price protection, extended warranty, roadside assistance, car rental insurance, lost luggage reimbursement, trip cancellation and interruption insurance. It also comes with $0 annual fees, 15.74-24.49% (variable) APR and $296 average yearly rewards value.

Pros Cons
  • No limits on the cash back
  • Your points do not expire
  • You can redeem any amount at any time
  • You can transfer rewards to other chase cards as Ultimate Reward points.
  • No bonus categories

  1. Bank Americard Travel Rewards Credit Card

If you love traveling but you do not like dealing with somewhat arcane terms of hotel and frequent flier programs, then the Bank Americard Travel credit card will be the best for you. It is prominent in terms of simplicity, extra benefits and earning potential. It has a sign-up bonus of 20,000 points and a high earning scheme of 1.5 points for every dollar you spend on general expenses. With this potential, you don’t need to keep track of quarterly bonuses or special categories. It is difficult to beat the simplicity of this card as it also comes with flexible redemption options. There is no expiration of points, limits or blackout dates.

You also get a bonus for redeeming rewards directly via the Bank of America Travel Center. Every dollar that is spent here earns you additional 1.5 points. Current customers of the Bank of America find this card to be valuable since you can earn between 10% and 75% extra points on purchases.

Features and Bonus
Sign-up bonus: 20,000 points in 3 months for $1,000. Others: No foreign transaction fees, Purchase Security, $0 annual fee, 15.74-23.74% APR, and $305 average yearly rewards value. It also provides you with EMV chip card, lost luggage insurance, car rental insurance, concierge services and roadside dispatch.

Pros Cons
  • Your points do not expire
  • There are no blackout dates
  • You earn unlimited points as there are no limits
  • After making a travel purchase you can redeem a statement credit up to 12 months
  • You can redeem points for any travel purchase
  • The redemption of cash is only 0.006 cents per point

  1. The Hyatt Credit Card

If you are planning to travel to locations that have Hyatt brand hotels then you will need the Hyatt Credit Card. It provides you with a large sign-up bonus at an affordable fee. You will receive two free nights at any Hyatt across the globe after spending $1,000 for 3 months. The bonus can be worth $1,000 and much more if used wisely. An additional authorized user accumulates 5,000 points which are enough to book a free room at 1st category hotel. They possess an average earning scheme and there are other offers that come with having this card.

Any dollar spent on the Hyatt hotel purchases earns you three points and you get two points for directly purchased airfare, car rental, and restaurant dining. Hyatt Credit Card comes with a fairly high annual fee of $75 with flexible redemption options. Possession of Hyatt credit card gives you automatic qualification for the platinum status.

Features and Bonus
Sign-up bonus: 2 free nights in first 3 months for $2,000, and 5,000 points for additional authorized user. Others: Automatic platinum status, 15% point bonus, late checkout, lost luggage insurance, free Wi-Fi, 72-hour room guarantee and purchase protection. It also comes with $75 annual fee, 16.74-23.74 APR and $510 average yearly rewards value.

Pros Cons
  • There are no blackout dates
  • The points will not expire provided your card is active every year.
  • You can redeem for room upgrades, car rentals, airfare, restaurant and spas, and hotel stays.
  • You can transfer Chase Ultimate Rewards points at 1:1 rate
  • Depending on availability, you can pay with points plus cash
  • Limited footprint
  • Lacks good uses outside hotel upgrades and redemptions.

  1. Alaska Airlines Visa Signature card

If you frequently fly on Alaska Airlines or interested in a discounted companion pass, Alaska Airlines Visa Signature card will meet your desired expectations. You get the opportunity to receive large bonus miles that cover for airline expenses. The Alaska Airlines Visa Signature card provides you with a free companion ticket and generous bags allowance for the first three months spending. This card comes with a good sign-up bonus of 30,000 miles for the first 3 months if you spend $1,000. It has a good earning plan for an airline card and a discounted companion pass. Frequent travelers will benefit from valuable perks the fact that it has a wide network of domestic and international partners.

Features and Bonus
Sign-up bonus: 30,000 miles in 3 months for $1,000 and a limited time offer. Others: Discounted companion pass, lost luggage reimbursement, first checked bag free, concierge service, shopping discounts, exclusive events, and entertainment. It also comes with $75 annual fee, 12.99-19.99% (variable) APR and $308 average yearly rewards value.

Pros Cons
  • It has a vast network of partner airlines
  • No fuel surcharges
  • No blackout dates, point limits or points expiration
  • Permitted open jaws and one-way rewards tickets.
  • A rewards ticket has only one partner airline
  • You may get limited reward seats on some flights
Conclusion

It might be a little treacherous when choosing the right travel rewards card to apply the fact that they are several in the market. You cannot go wrong with the choices we have made on our list. Having assessed every feature, benefits, and downsides of these credit cards, you can make your final decision based on your preferences. It is necessary to find a card that would match your desired expectations and deliver an amazing lifetime experience. Chase Sapphire Reserve was one of the best picks because of the features it offers to its users. It might not have the highest points compared to other selections, but they have loads of interesting features that intrigues most cardholders.

Starwood preferred guest credit card would be appropriate for people who prefer high-end hotels and frequent travels. It offers you a luxurious experience and it is advisable to consider your budget before making the decision. Other travel reward credit cards such as Chase Freedom Unlimited will provide you with a higher rate of cash back on regular purchases. It is necessary to have an idea of what you are looking for so that the credit cards can blend well with your preferences or desired expectations.

SHARE
Previous article10 Best SSL Certificate Providers

LEAVE A REPLY

Please enter your comment!
Please enter your name here