Best Balance Transfer Credit Cards With Travel Rewards
Managing debt and planning a vacation can be challenging, but with the right credit card, you can do both at the same time. Enter balance transfer credit cards with travel rewards. These cards offer low or no-interest introductory periods for balance transfers, which can help you pay down debt faster, while also earning travel rewards for every dollar you spend. In this article, we'll explore the best balance transfer credit cards with travel rewards on the market, so you can get the most out of your spending.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is a top pick for travelers who want to earn rewards on all purchases, not just travel-related ones. The card offers a generous one-time bonus of 60,000 miles after spending $3,000 on purchases within the first three months of account opening. Cardholders earn 2x miles on every purchase, which can be redeemed for travel statement credits or transferred to airline and hotel loyalty programs. Plus, the card has no foreign transaction fees and a $0 intro annual fee for the first year, then $95 thereafter.
Citi Premier Card
The Citi Premier Card is a well-rounded travel rewards card that offers a balance transfer option. The card has a 0% intro APR for balance transfers for 15 months, after which a variable APR of 15.99% - 23.99% applies. The card also offers a one-time bonus of 80,000 ThankYou points after you spend $4,000 in purchases within the first three months of account opening. Cardholders earn 3x points on travel, including gas stations, 2x points on dining and entertainment, and 1x point on all other purchases. Points can be redeemed for airfare, hotel stays, gift cards, and more.
Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is a popular travel rewards card that also offers a balance transfer option. The card has a 0% intro APR for balance transfers for the first 12 months, after which a variable APR of 15.99% - 22.99% applies. New cardholders can earn a bonus of 100,000 points after spending $4,000 on purchases in the first three months of account opening. Cardholders earn 2x points on travel and dining at restaurants, and 1x point per dollar spent on all other purchases. Points can be redeemed for travel, gift cards, cash back, and more.
Discover it Miles Card
The Discover it Miles Card is a unique travel rewards card that offers a cashback bonus on all purchases, including balance transfers. The card has a 0% intro APR on purchases and balance transfers for the first 14 months, after which a variable APR of 11.99% - 22.99% applies. Cardholders earn 1.5x miles on all purchases, which can be redeemed for travel statement credits, gift cards, or cash back. Plus, Discover matches all the miles you've earned at the end of your first year, making it a great way to maximize your rewards.
American Express Blue Cash Preferred Card
The American Express Blue Cash Preferred Card is not specifically a travel rewards card, but it offers a balance transfer option and cashback rewards that can go towards travel. The card has a 0% intro APR on purchases and balance transfers for the first 12 months, after which a variable APR of 13.99% - 23.99% applies. New cardholders can earn a $300 statement credit after spending $3,000 on purchases within the first six months of account opening. Cardholders earn 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations and on transit, and 1% cash back on all other purchases.
Conclusion
Balance transfer credit cards with travel rewards can be a useful tool for those trying to manage their debt while still earning rewards towards their next vacation. The cards listed above offer a variety of rewards and balance transfer options, so you can choose the one that best fits your needs. As always, make sure to read the fine print and use your card responsibly to maximize your rewards and maintain good credit.
