Best Credit Card To Earn Points For Travel
Traveling around the world can be an expensive hobby, but with the right credit card, you can make it more affordable. A credit card that earns points for travel can be a great way to save money on flights, hotels, and other travel-related expenses. There are many credit cards available today that offer rewards for travel, but which one is the best? In this article, we will explore the top credit cards to earn points for travel.
Chase Sapphire Preferred
The Chase Sapphire Preferred card is one of the best travel reward cards on the market today. It offers two points per dollar spent on travel and dining purchases, and one point per dollar spent on all other purchases. Additionally, when you use the card to book travel through the Chase Ultimate Rewards portal, you can earn 25% more value for your points. For example, if you have 50,000 points, they would be worth $625 when redeemed for travel through the portal.
There is a $95 annual fee for this card, but the benefits it offers more than make up for this cost. You can also earn a sign-up bonus of 60,000 points after spending $4,000 in the first three months of opening the account.
The Platinum Card From American Express
The Platinum Card from American Express is another great option for earning points for travel. This card offers five points per dollar spent on flights booked directly with airlines or through American Express Travel, and one point per dollar spent on all other purchases. Additionally, cardholders receive a $200 annual credit for airline incidental fees and up to $200 in Uber credits each year.
This card does have a higher annual fee of $550, but it also comes with many other benefits, such as access to airport lounges, hotel upgrades, and concierge services. Cardholders can also earn a sign-up bonus of 60,000 points after spending $5,000 in the first three months of opening the account.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is another great option for those who want to earn points for travel. This card offers two miles per dollar spent on all purchases, and miles can be redeemed for travel expenses such as flights, hotels, and rental cars. Additionally, there are no foreign transaction fees, which makes it a great option for international travel.
The annual fee for this card is $95, but it is waived for the first year. There is also a sign-up bonus of 50,000 miles after spending $3,000 in the first three months of opening the account.
Citi Prestige Card
The Citi Prestige Card is another great option for earning points for travel. This card offers five points per dollar spent on airlines and restaurants, three points per dollar spent on hotels and cruise lines, and one point per dollar spent on all other purchases. Additionally, cardholders receive a $250 annual credit for airline incidental fees, as well as access to airport lounges through Priority Pass.
This card does have a high annual fee of $495, but it also comes with many other benefits, such as a fourth night free at any hotel when you book through the Citi Prestige Concierge and a sign-up bonus of 50,000 points after spending $4,000 in the first three months of opening the account.
Conclusion
When it comes to choosing the best credit card to earn points for travel, it ultimately depends on your individual needs and spending habits. However, the Chase Sapphire Preferred, The Platinum Card from American Express, Capital One Venture Rewards Credit Card, and Citi Prestige Card are all great options to consider. With any of these cards, you can earn points for travel and make your next adventure more affordable.