Best Credit Cards For Travel Rewards No Annual Fee
Travel rewards credit cards are popular among frequent flyers, as they allow them to earn miles or points that can be redeemed for flights, hotel stays, car rentals, and other travel-related expenses. However, many of these cards come with an annual fee, which can eat into the value of the rewards. If you're looking for a travel rewards credit card with no annual fee, there are several options to consider.
Chase Freedom Unlimited
The Chase Freedom Unlimited is a great option for those looking for a travel rewards credit card with no annual fee. It offers 1.5% cash back on all purchases, which can be redeemed for travel through the Chase Ultimate Rewards program. Additionally, if you have the Chase Sapphire Preferred or the Chase Sapphire Reserve, you can transfer your points to those cards and redeem them for travel at a higher value.
Capital One VentureOne Rewards Credit Card
The Capital One VentureOne Rewards Credit Card offers 1.25 miles per dollar on all purchases, with no limit on the amount you can earn. Miles can be redeemed for travel through the Capital One Travel Portal, or transferred to airline and hotel partners. In addition, cardholders receive a one-time bonus of 20,000 miles (equal to $200 in travel) after spending $1,000 on purchases within the first three months of account opening.
Discover it Miles
The Discover it Miles card offers 1.5 miles per dollar on all purchases, with no limit on the amount you can earn. Miles can be redeemed for travel as a statement credit, or for cash back or gift cards. Additionally, Discover will match all miles earned in the first year for new cardholders, effectively doubling the rewards rate.
Citi Rewards+ Card
The Citi Rewards+ Card offers 2 points per dollar on purchases at supermarkets and gas stations (up to $6,000 per year, then 1 point per dollar), and 1 point per dollar on all other purchases. Points can be redeemed for travel, gift cards, merchandise, and more. Additionally, every purchase is rounded up to the nearest 10 points, effectively giving you a bonus on every purchase.
Wells Fargo Propel American Express Card
The Wells Fargo Propel American Express Card offers 3 points per dollar on dining, travel, gas stations, rideshares, and transit, and 1 point per dollar on all other purchases. Points can be redeemed for travel, cash back, gift cards, or merchandise. Additionally, cardholders receive a one-time bonus of 20,000 points (equal to $200 in cash redemption value) after spending $1,000 on purchases within the first three months of account opening.
Conclusion
There are several credit cards available for travelers who want to earn rewards without paying an annual fee. Whether you prefer cash back, miles, or points, there is a card that can help you save money on travel expenses. Be sure to compare the benefits, rewards rates, and redemption options of each card before making a decision.
