Best Travel Rewards Credit Card With 0 Apr
If you are someone who loves to travel, then you already know the value of a good travel rewards credit card. Not only does it help you maximize your rewards on travel expenses, but it also provides you with the added benefit of earning miles and points that you can use for future trips. However, if you are someone who frequently travels, then a card with a high APR can end up costing you more than you bargained for. That's where a travel rewards credit card with 0% APR comes in handy. In this article, we will be discussing the top travel rewards credit cards with 0% APR on purchases and balance transfers.
What is a Travel Rewards Credit Card?
A travel rewards credit card is a type of credit card that offers rewards, such as miles or points, that can be redeemed for travel-related purchases. Depending on the card issuer and the specific card, you may be able to earn rewards on everyday purchases, such as groceries and gas, as well as travel expenses, such as flights and hotels. These rewards can then be redeemed for various travel expenses, including airfare, hotel stays, and car rentals, among others.
What is 0% APR?
APR, or Annual Percentage Rate, is the interest rate charged on your credit card balance over the course of a year. A 0% APR means that you will not be charged any interest on your purchases or balance transfers for a certain amount of time, typically anywhere from 6 to 18 months. This can be a valuable benefit if you are looking to make a large purchase or transfer a high-interest debt to your credit card.
Top Travel Rewards Credit Cards with 0% APR
Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit cards on the market. It offers 2x points per dollar spent on travel and dining, and 1x point per dollar spent on all other purchases. The card also comes with a sign-up bonus of 60,000 points after spending $4,000 on purchases within the first three months of account opening. The card has a 0% APR on purchases and balance transfers for the first 15 months, after which the APR will be a variable 15.99%-22.99%. There is an annual fee of $95 for this card.
Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®
The Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard® is a co-branded travel rewards credit card offered by Citi and American Airlines. It offers 2x miles per dollar spent on American Airlines purchases, as well as gas stations and restaurants, and 1x mile per dollar spent on all other purchases. The card also comes with a sign-up bonus of 50,000 miles after spending $2,500 in the first three months of account opening. The card has a 0% APR on purchases and balance transfers for the first 12 months, after which the APR will be a variable 15.99%-24.99%. There is an annual fee of $99 for this card.
Capital One® Venture® Rewards Credit Card
The Capital One® Venture® Rewards Credit Card is another popular travel rewards credit card. It offers 2x miles per dollar spent on all purchases, with no limit on the amount of miles you can earn. The card also comes with a sign-up bonus of 60,000 miles after spending $3,000 in the first three months of account opening. The card has a 0% APR on purchases for the first 12 months, after which the APR will be a variable 17.24%-24.49%. There is an annual fee of $95 for this card, which is waived for the first year.
Conclusion
A travel rewards credit card with 0% APR can be a valuable tool for frequent travelers who want to maximize their rewards while avoiding high-interest charges. The Chase Sapphire Preferred® Card, Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®, and Capital One® Venture® Rewards Credit Card are just a few examples of the many travel rewards credit cards that offer 0% APR on purchases and balance transfers. As always, it's important to do your research and choose the card that best fits your travel needs and spending habits.