Best Travel Rewards Cards With No Annual Fee
Are you planning a trip soon and want to save some money? Then you need to get yourself a travel rewards card. Travel rewards cards are credit cards that offer incentives and rewards for making purchases, especially for travel-related expenses. These rewards can come in the form of miles, points, or cashback that you can redeem for flights, hotels, rentals cars, and other travel expenses.
While many travel rewards cards come with annual fees, there are plenty of options that don't require you to pay a yearly fee. In this article, we'll discuss some of the best travel rewards cards with no annual fee that can help you save some money on your next trip.
Capital One VentureOne Rewards Credit Card
The Capital One VentureOne Rewards Credit Card is an excellent choice for those who want to earn miles for their travel purchases without paying an annual fee. Cardholders earn 1.25 miles per dollar spent on all purchases, and these miles can be redeemed for travel expenses such as flights, hotels, and car rentals. Additionally, the card offers 20,000 bonus miles (worth $200) after spending $500 on purchases within the first three months of account opening. The card also has no foreign transaction fees, making it ideal for international travel.
Bank of America Travel Rewards Credit Card
The Bank of America Travel Rewards Credit Card is another excellent option for those who want to earn travel rewards without an annual fee. Cardholders earn 1.5 points per dollar spent on all purchases, and these points can be redeemed for travel expenses such as flights, hotels, and rental cars. Additionally, the card offers 25,000 bonus points (worth $250) after spending $1,000 on purchases within the first 90 days of account opening. The card also has no foreign transaction fees, making it ideal for international travel.
Wells Fargo Propel American Express Card
The Wells Fargo Propel American Express Card is a fantastic option for those who want to earn rewards on a variety of purchases, not just travel-related ones. Cardholders earn 3 points per dollar spent on dining, gas stations, rideshares, transit, flights, hotels, homestays, and car rentals, and 1 point per dollar spent on all other purchases. These points can be redeemed for travel expenses, cashback, or merchandise. Additionally, the card offers 20,000 bonus points (worth $200) after spending $1,000 on purchases within the first three months of account opening. The card also has no foreign transaction fees, making it ideal for international travel.
Citi Double Cash Card
The Citi Double Cash Card is a unique card that offers cashback rewards for all purchases, including travel-related expenses. Cardholders earn 1% cashback when they make a purchase and 1% cashback when they pay off the purchase, for a total of 2% cashback on all purchases. This cashback can be redeemed for a statement credit, gift card, or check. While the card doesn't offer traditional travel rewards, the cashback can be used to offset travel expenses. The card also has no annual fee and no foreign transaction fees.
Chase Freedom Unlimited
The Chase Freedom Unlimited is another excellent option for those who want to earn cashback rewards on all purchases, including travel-related expenses. Cardholders earn 1.5% cashback on all purchases, and this cashback can be redeemed for a statement credit, gift card, or check. Additionally, the card offers a $200 bonus after spending $500 on purchases within the first three months of account opening. The card also has no annual fee and no foreign transaction fees.
Conclusion
Travel rewards cards are an excellent way to save money on your next trip. While many travel rewards cards come with annual fees, there are plenty of options that don't require you to pay a yearly fee. The Capital One VentureOne Rewards Credit Card, Bank of America Travel Rewards Credit Card, Wells Fargo Propel American Express Card, Citi Double Cash Card, and Chase Freedom Unlimited are all great options for those who want to earn rewards without paying an annual fee. Consider which card will be the best fit for your spending habits and travel goals, and start earning rewards today!
