Best Travel Rewards Credit Card For Bad Credit
Traveling is an exciting way to explore new places, meet new people, and experience different cultures. However, traveling can also be expensive, especially if you have bad credit. Thankfully, there are travel rewards credit cards that cater to people with bad credit.
What is a travel rewards credit card?
A travel rewards credit card is a type of credit card that offers rewards or benefits for travel-related expenses. These expenses can include flights, hotels, car rentals, and more. Depending on the card, you can earn points, miles, or cash back for your purchases.
Travel rewards credit cards are an excellent way to save money on travel expenses. For example, you could use your rewards to pay for your next flight or hotel stay. You can also use your rewards for other things, such as gift cards or merchandise.
When choosing a travel rewards credit card, it's important to consider your spending habits, credit score, and travel preferences. If you have bad credit, you may have fewer options than someone with good credit. However, there are still several travel rewards credit cards available for people with bad credit.
Best travel rewards credit cards for bad credit
Capital One Secured Mastercard
The Capital One Secured Mastercard is a good option for people with bad credit who want to earn rewards. This card requires a security deposit, which is refundable. The amount of your security deposit will determine your credit limit. You can earn 1% cash back on all purchases. There's no annual fee for this card. This card also offers travel assistance services and extended warranty coverage.
Discover it Secured Credit Card
The Discover it Secured Credit Card is another option for people with bad credit. This card offers cash back rewards and requires a security deposit, which is refundable. You can earn 2% cash back on gas and restaurant purchases, up to $1,000 in combined purchases each quarter. You can also earn 1% cash back on all other purchases. There's no annual fee for this card. This card also offers free access to your FICO score and fraud protection.
Credit One Bank Unsecured Visa for Rebuilding Credit
The Credit One Bank Unsecured Visa for Rebuilding Credit is a good option for people who don't want to put down a security deposit. This card offers rewards and reports to all three major credit bureaus. You can earn 1% cash back on eligible purchases, such as gas, groceries, and mobile phone service. There's an annual fee for this card, which varies depending on your creditworthiness. This card also offers zero fraud liability and free access to your credit score.
Conclusion
Travel rewards credit cards can be a great way to save money on travel expenses. If you have bad credit, don't worry! There are still several travel rewards credit cards available for you. Consider your spending habits, credit score, and travel preferences when choosing a card. With the right travel rewards credit card, you can earn rewards and explore new places without breaking the bank.