The best travel credit cards information can help you manoeuver across your favorite places in the world with a nice deal.
Who does not want to be able to travel again without any restrictions? It is clear that these restrictions were put into place for the greater good of the people, however, we all need a break once in a while.
When people travel, they tend to do lay out a budget. Yes, that is the first thing we do. Now, without a budget we could end up stranded in a foreign land – just being dramatic! But we could. That’s when your travel cards come in.
Here is every bit of information about the best travel credit cards that you can utilize and getaway on an amazing trip.
Your Best Travel Credit Cards
Here are the best travel credit card details for you. However, make sure that you first abide by the credit score rules. If you have a good credit score according to your credit bureau reports, you are good to travel with amazing perks.
One: The Chase Sapphire Preffered® Credit Card
The Chase Sapphire Preferred card has 5 stars out of a 5-star rating. Amazing right? Well, in its intro offer it provides a good sixty thousand (60,000) mile points for an annual fee of 95 USD. However, you earn these 60,000 bonus points after you have spent a good 4000 USD on purchases within the first three months. These are the points that you get on a redeem offer.
What credit score do I need for approval?
- Well, you need an excellent credit score for approval and to be able to use the chase sapphire preferred card. This score categiry generally falls into the range of 690 to 850.
What benefits do I get?
- A good 60,000 point after you have spent 4000 USD on purchases in three month – mind you, the first three months
- Get 25 percent of increased value when you redeem your points for air travel and car rentals through the Ultimate rewards.
- With this card, you can get free delivery on selected, eligible orders for a year. However, this offer is limited to selected subscription services.
- You also receive a trip cancellation insurance, a collision damage waiver on auto rental, and insurance for lost luggage
While this could be your best travel credit card, it has its own drawbacks;
- It is not for everyone since it requires quite a high credit score. And let’s be realistic, everyone does not have it
- It has quite a high annual fee
Two: The Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card has a NerdWallet rating of 4.7 out of 5. Its intro offer gives a good 60,000 miles. However, you do need to spend 3000 USD within three months of opening your account.
What credit score do I need for approval?
- You need an excellent credit score, which is withing the ranges of 690 to 850.
What benefits do I get?
- If you go for a capital one venture reward cards, you will receive 60,000 miles after making purchases worth 3000 USD within the first three months.
- Unlimited 2X miles on each purchase that you make on a daily basis
- You can earn as many miles as you want and you know what’s the best thing? There is no expiration date
- You can get upto 5X miles on renting cars and booking hotels via specific sevices
- You can redeem or reimburse the points
- You don’t have to pay any foreign transaction fee
While this could be your best travel credit card, it has its own drawbacks;
- While it gives the customers incredible rewards, it does have a high fee that you have to pay annually
- The rewards have specified, limited flexibility
- It also needs an excellent credit score to be approved
Three: The Capital One Venture X Rewards Credit Card
With a whopping annual fee of three-hundred and ninety-five (395), USD per year, the capital one venture X rewards card stands at a score of 4.9 out of 5.
What credit score do I need for approval?
- You need a ultra excellent score for approval. And the excellent range for this card falls into the ranges of 720 to 850.
What benefits do I get?
- You can earn a hundred thousand, yes, 100,000 miles. However, this is after you make purchases worth 10,000 USD within the first six months of opening the account.
- You can get back upto 300 USD per year as statement credits. However, this perk is limited to booking made only via Capital One Travel.
- You receive 10,000 bonus miles every year
- You can earn 5X miles on flights that you book via Capital One Travel, making this card one of the best airline credit cards
- You can access exclusive passes to the best facilities and lounges in airports
While this could be your best airline credit card, it has its own drawbacks;
- It does have so many flexible redeem and reward options, however, you do need to pay a high annual fee
- It also requires that you have an excellent credit score to be eligible
Four: The Platinum Card – American Express
This Platinum Card from American Express requires that you pay an annual fee of 695 USD. It has a score of 5 out of 5.
What benefits do I get?
- You can earn 100,000 points. However, you will first have to spend a good 6000 USD on purchases within 6 months of opening your account.
- You can earn 5X points when you book flights directly with airlines.
- You can earn 5X points when you book prepaid hotels with American Express Travel
- You can redeem 200 USD back in statement credits every year. The requirement for this is that you pay with your Platinum Card and book with specific hotels and resorts
- You can earn 20 USD in statement credits if you pay for eligible services with specific service providers
- You can get complimentary entry into Centurion Lounge and Studio locations across the globe.
- You can get airline fee credit, uber cash, equinox credit, and so much more
While this could be your best travel card, it has its own drawbacks;
- With its bonuses, luxury perks, and exclusive memberships this could appeal to you as the best travel credit card you could have. However, you must remember that it does have a complicated rewards system
- It also requires that you pay a nice annual fee and have an excellent credit score
Related: 5 Major Reasons for Your Credit Score Drop
Five: Travel Rewards Credit Card from the Bank of America
With a rating of 3.8 out of 5, you might not consider this card. However, it has one perk that makes it appealing to customers.
What benefits do I get?
- It has no annual fee
- You can get 25,000 points after you spend 1000 USD on purchases within the first 90 days
- You can earn 1.5 points after you make a purchase of $1
- There is no transaction fee
- Your points never expire
- You are not limited to buy or book from any speicific website or partner
- You can redeem points from statement credit and pay for travel related expenses suc as flights, stays, rentals, and restaurants
- If you become a preferred member, you recieve 25 percent to 75 percent more points on every 1 dollar that you spend
While this could become your preferred ‘best travel credit card’, it does have some drawbacks;
- It has no bonus categories that you can benefit from
- I needs the same excellent credit score as other cards
- Its limited rewards are reserved for limited customers
Key Takeaways
- While these best travel credit cards provide you with some great perks and benefits, they also have drawbacks that you must consider
- You should consider the credit card based on your needs. For example, if your work or hobby invoves taking flights to and from destinations, consider speicific airline credit card offers
- You always have to pay an annual fee
- The bonus and reward categorie for even the best travel credit cards can be complex and confusing
Thus, before you rush towards opening up an account and dealing with an extra credit line, make sure that you do your research.
