According to recent surveys, the average American holds six different credit cards in their wallet. If you’re wondering why Americans carry so many, the reason is quite simple. Some cards offer better perks and rewards on specific purchases and if a cardholder is disciplined in using credit cards, the rewards and cash back that can be earned is quite substantial. Taking a look at one of those specific purchase categories, owning a travel rewards credit card will not only earn you valuable rewards but also offer you extreme convenience.
Regardless of whether or not your an experienced or amateur traveler, acquiring a travel rewards credit card for all of your traveling purchases is essential. The convenience of paying for everything on one credit card while earning a high caliber of perks and rewards will only increase the value of your card over time. To help you out, we’ve compiled the best travel rewards credit cards and have dissected them to show their pros and cons. If you have any experiences with these cards, good or bad, we’d love to know what they are. Please feel free to leave your comments below.
Best Travel Rewards Credit Cards
Citi ThankYou® Preferred Card – earn up to 20,000 Bonus Points. With the current offer, you can earn 20,000 ThankYou® Points after $1,500 in card purchases within 3 months of account opening – redeemable for $200 in gift cards or other great rewards! There is a nice rewards program as well. Cardholders earn 2x ThankYou Points on purchases for dining and entertainment and 1 ThankYou Point on other purchases. You can earn unlimited ThankYou Points, and your Points do not expire. Your ThankYou Points can be redeemed for merchandise, travel rewards, gift cards, cash and more. This card also features a smart chip, which is great for the global traveler. This card also features a 0% intro APR on Balance Transfers and Purchases for 12 months. After that, the variable APR will be 12.99%-22.99% based upon your creditworthiness* There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.* There is no annual fee* You can read our full Citi ThankYou Preferred Rewards Card Review for more information.
Starwood Preferred Guest® Credit Card from American Express – Regarded by many as their favorite travel rewards credit card, the Starwood Preferred Guest® Credit Card from American Express has won numerous awards and editor’s choice rankings. This card offers a Starpoints® bonus: earn up to 25,000 bonus points: 10,000 after your first purchase and another 15,000 after you spend $5,000 within the first 6 months of Cardmembership. That’s enough for a weekend getaway to a Category 4 Hotel. Cardholders can earn Free Hotel Nights: redeem Starpoints at over 1,100 hotels in nearly 100 countries worldwide – with no blackout dates. Some hotels may have mandatory service and resort charges. They can also earn Free Flights: redeem Starpoints on over 350 airlines with SPG Flights – with no blackout dates. There are no limits on the number of Starpoints you can earn. There is a $0 introductory annual fee for the first year, then $65. Terms and Restrictions apply.
Blue Sky from American Express – The Blue Sky from American Express features a rewards structure that values points more than any other. New cardholders earn 7,500 Bonus Points after you use your new Card to make $1,000 in purchases within the first 3 months. Unlimited Travel Options: Every 7,500 points that you earn can be redeemed for a $100 statement credit toward any airline ticket, any hotel stay, car rental or cruise. Cardholders will earn 1 point for virtually every dollar you spend on eligible purchases. There is no annual fee, and this card features a 0% intro APR on purchases and balance transfers for 15 months, then a variable rate, currently 17.24%- 22.24%. Terms and Restrictions Apply.
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