When searching for a credit card with travel rewards, it’s important to consider some things and do your research before choosing the best one. Determining your travel goals, considering the card’s sign-up bonus/terms, thinking about your spending habits and earning potential, choosing the card the best suits your existing portfolio, and considering your credit score are all important factors in deciding which is the best travel rewards credit card for you. Listed below are 4 great credit cards that offer travel rewards; each one with different benefits.
1. Chase United Mileage Plus Explorer Card
New cardholders can receive 40,000 bonus points if they spend $3,000 in purchases within the first 3 months of becoming a member of this credit card. If you spend $25,000 on purchases within on calendar year, Chase will give you another 10,000 bonus points. The potential earnings on this credit card are 2x miles for every dollar on purchases from United and 1x mile for every dollar on every other purchase made. Members must pay an annual fee of $95, but additional benefits include priority boarding, free first-checked bag, and 2 United Club one-time passes every year.
2. Citi Prestige
While the annual fee is pretty steep at $450, this card works well for frequent travelers who can really use its benefits. Members receive 3x points on any airline and hotel costs, 2x points on any entertainment or dining, and 1 points on any other purchase. Much like the card listed before, if new cardholders spend $3,000 within the first 3 months, Citi offers bonus points; but this time it’s 50,000 points. Members can even redeem points worth an extra 60 percent by shopping through American Airlines and 33 percent on any other airline when you shop through their Citi ThankYou Travel Center.
3. Chase Sapphire Preferred Card
With this card, if you make $4,000 in card purchases within the first 3 months of becoming a new cardholder, you’ll receive 50,000 bonus points. Features include no foreign transaction fees, a $95 annual fee, and travel-related insurance coverage. Dining and travel purchases can gain members 2x points, while every other purchase is worth 1x points. Chase also offers members access to their Chase Ultimate Rewards program, which earns you “an extra 20 percent off with your travel redemption. Points transfer 1:1 to partner rewards programs.”
4. Ink Business Preferred Credit Card
This card may be for those with better credit scores, but its benefits are amazing. If new cardholders spend $5,000 within the first 3 months, they’ll earn 80,000 in bonus points. Your first $150,000 in purchases spent on shipping, internet/cable/phone services, social media advertising, and travel will earn members 3 points per dollar, plus 1 point for everything else. The annual fee is $95, there are no foreign transaction fees, and there is no additional cost to receive employee cards. Members can use their points to redeem free flights, free hotel stays, and more.
The 4 credit cards on this list offer a wide array of benefits. It’s important to decide which card suits your needs the best, and which card offers you the most practical benefits for your lifestyle.