Travel smart: Best credit cards for frequent travelers

Rewards-Based Credit Cards

Rewards-based credit cards are an excellent option for travelers who want to earn points, miles, or cash back on their purchases. These rewards can be redeemed for flights, hotels, rental cars, and other travel-related expenses, allowing you to save money on your trip. Here are some of the best rewards-based credit cards for traveling:

Chase Sapphire Preferred

Chase Sapphire Preferred is a popular credit card among travelers due to its generous rewards program. You can earn 2x points per dollar spent on travel and dining expenses and 1x point per dollar spent on all other purchases. These points can be redeemed for travel expenses, and you’ll also receive a 25% bonus when redeeming through Chase Ultimate Rewards. Additionally, the card has no foreign transaction fees, making it an excellent option for international travelers.

Capital One Venture Rewards

Capital One Venture Rewards is another top rewards-based credit card for travelers. You can earn 2x miles per dollar spent on all purchases, and the miles can be redeemed for travel expenses. The card also has no foreign transaction fees and comes with additional travel benefits, such as travel accident insurance and 24/7 concierge service.

American Express Gold Card

American Express Gold Card is an excellent choice for travelers who want to earn rewards on dining and groceries. You can earn 4x points per dollar spent on these expenses, 3x points per dollar spent on flights booked directly with airlines, and 1x point per dollar spent on all other purchases. The points can be redeemed for travel expenses, and the card also comes with additional benefits, such as $120 annual dining credit and baggage insurance.

Fee-Based Credit Cards

While rewards-based credit cards can offer excellent value, they often come with annual fees. However, there are also fee-based credit cards that can be worth the investment for frequent travelers. These cards often come with additional benefits, such as airport lounge access and travel credits. Here are some of the best fee-based credit cards for traveling:

The Platinum Card from American Express

The Platinum Card from American Express is a premium credit card that offers a wide range of travel benefits. The card has a $550 annual fee but comes with a $200 annual airline fee credit, $200 annual Uber credit, and access to over 1,200 airport lounges worldwide. You can also earn 5x points per dollar spent on flights booked directly with airlines or with American Express Travel and 1x point per dollar spent on all other purchases.

Chase Sapphire Reserve

Chase Sapphire Reserve is another premium credit card that offers excellent travel benefits. The card has a $550 annual fee but comes with a $300 annual travel credit, access to over 1,000 airport lounges worldwide, and no foreign transaction fees. You can also earn 3x points per dollar spent on travel and dining expenses and 1x point per dollar spent on all other purchases.

Citi Premier Card

Citi Premier Card is a mid-tier credit card that offers a range of travel benefits. The card has a $95 annual fee but comes with a $100 annual hotel savings benefit and no foreign transaction fees. You can also earn 3x points per dollar spent on travel and gas stations, 2x points per dollar spent on dining and entertainment, and 1x point per dollar spent on all other purchases.

Conclusion

Traveling can be expensive, but the right credit card can help you save money and make the most out of your trip. Whether you’re looking for a rewards-based card or a fee-based card with additional benefits, there are plenty of options available. Consider your travel habits and spending patterns to find the credit card that best fits your needs. With the right credit card in hand, you’ll be able to explore the world without breaking the bank.

Other Tips for Saving Money While Traveling

In addition to using credit card rewards, there are other ways to save money while traveling. Here are some tips:

1. Book your trip during off-peak seasons to save on airfare and hotel costs.

2. Use public transportation instead of renting a car or taking taxis.

3. Look for free activities and attractions in the area you’re visiting.

4. Stay in budget-friendly accommodations, such as hostels or Airbnb rentals.

5. Bring your own food and snacks instead of eating out for every meal.

By combining these tips with credit card rewards, you can make your next trip both enjoyable and affordable. Happy travels!read more https://www.nerdwallet.com/best/credit-cards/travel

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