Best of

Best Travel Credit Cards of October 2019

Paul Soucy, Joe CortezOctober 1, 2019

At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

NerdWallet's Best Travel Credit Cards of October 2019

Our pick for

Airline miles and a large bonus

Chase Sapphire Preferred Credit Card

on Chase's website

Annual Fee

$95

Regular APR

17.99% - 24.99% Variable APR

Intro APR

N/A

Recommended Credit Score

Pros

Unlike cards tied to a specific airline or hotel brand, you can use the Chase Sapphire Preferred? Card’s rewards in many places. You earn 2 points per $1 spent on dining and travel and 1 point per dollar on everything else. Points are worth 25% more when you use them to book travel through Chase Ultimate Rewards?, or you can transfer them at a 1:1 rate to several other loyalty programs. Plus, the card comes with a sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards?. Finally, the card is metal, not plastic, which gives it a certain wow factor.

Cons

As a general travel card, the Chase Sapphire Preferred? Card lacks the special perks — such as free checked bags and priority boarding — that airline-specific co-branded cards offer.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards?
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees

Our pick for

Flat-rate rewards and Hotels.com

Capital One Venture Rewards Credit Card

on Capital One's website

Annual Fee

$0 for the first year, then $95

Regular APR

17.49% - 24.74% Variable APR

Intro APR

N/A

Recommended Credit Score

Pros

You earn an unlimited 2 miles per dollar spent on everything, and (through January 2020) a whopping 10 miles per dollar at Hotels.com/venture. You can redeem miles for statement credit against most travel expenses. You’re not restricted to one airline or hotel, as is the case with co-branded cards, and unlike with many cards, there’s no minimum amount required to redeem — so you can even use rewards to pay for a $5 cab ride. Just book your own travel, then pay for it with rewards. The sign-up bonus is awesome, too: Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel

Cons

You won’t find airline-specific perks with the Capital One? Venture? Rewards Credit Card. If you’re loyal to one particular airline, it might be worth comparing this card with that airline’s co-branded card.
  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture
  • Named ‘The Best Travel Card' by CNBC, 2018
  • Receive up to $100 application fee credit for Global Entry or TSA Pre??
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
  • See if you qualify for a better offer with Capital One:

Our pick for

Flat-rate rewards with no annual fee

Bank of America Travel Rewards? Credit Card

on Bank of America's website, or call (800) 211-3740

Annual Fee

$0

Regular APR

16.74% - 24.74% Variable APR

Intro APR

0% on Purchases for 12 billing cycles

Recommended Credit Score

Pros

The Bank of America? Travel Rewards Visa? credit card earns 1.5 points per $1 spent on anything, and each point is worth 1 cent. That’s a relatively high rewards rate considering that the annual fee is $0. Plus, if you’re a Merrill customer, you can earn a bonus of up to 75% of the points you earn, depending on how much you have in your accounts. Points can be redeemed for a credit against travel purchases, giving you the freedom to book during any season, with any carrier or hotel chain. Further, you can use points for credit against travel purchases for up to 12 months after those purchases post to your account — a much longer window than most other cards offer. There's even a decent sign-up bonus.

Cons

The sign-up bonus is relatively small: 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases. If you aren't also a Merrill customer, your earning power is limited. Bigger spenders could earn greater rewards with other travel credit cards, even with an annual fee.
  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases
  • Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Comes with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases. After the intro APR ends, 16.74% - 24.74% Variable APR will apply
  • If you're a Preferred Rewards member, you can earn 25% - 75% more points on every purchase

Our pick for

Bonus rewards with no annual fee

Wells Fargo Propel American Express? Credit Card

on Wells Fargo's website

Rates & Fees
Annual Fee

$0

Regular APR

15.74% - 27.74% Variable APR

Intro APR

0% APR for 12 months on purchases and qualifying balance transfers

Recommended Credit Score

Pros

The Wells Fargo Propel American Express? card gives you 3 points per dollar spent in a wide array of categories, including (but not limited to) restaurants, gas stations, ride-shares, transit, streaming media services and travel. There aren't many cards that offer bonus rewards on so much, with or without an annual fee. Throw in the sign-up bonus and the 0% introductory APR period, and it's a $0-annual-fee travel card like no other.

Cons

You don't have the option to transfer points to airline or hotel partners. As an American Express card, its acceptance is more limited, especially internationally. Travel with a backup card if headed abroad.
  • Earn 30,000 bonus points when you spend $3,000 in purchases in the first 3 months - that's a $300 cash redemption value
  • $0 annual fee and no foreign currency conversion fee
  • Earn 3X points on eating out and ordering in
  • Earn 3X points on travel including flights, hotels, homestays and car rentals
  • Earn 3X points on gas stations, rideshares and transit
  • Earn 3X points on popular streaming services
  • Earn 1X points on other purchases
  • Select "Apply Now" to learn more about the product features, terms and conditions
  • View Rates and Fees

Our pick for

Relationship rewards

Bank of America® Premium Rewards® Credit Card

on Bank of America's website

Annual Fee

$95

Regular APR

17.74% - 24.74% Variable APR

Intro APR

N/A

Recommended Credit Score

Pros

The Bank of America? Premium Rewards? Visa? credit card is a good option for any traveler, but it ranks among the very best travel credit cards for people with high balances in checking, savings or investment accounts at Bank of America? or Merrill. Those customers can earn 25% to 75% more rewards. The base rewards rates are 2 points per dollar spent on travel and dining and 1.5 points per dollar on all other spending. (Bank of America? has a broad definition of travel spending, including museums, zoos, amusement parks and more.) Points are worth the same whether redeemed for travel or cash back. Reimbursements include a $100 annual credit for airline fees and up to $100 reimbursement for a Global Entry or TSA PreCheck application every five years. The sign-up bonus is great, too.

Cons

To earn the highest rewards rate, you need to have a combined balance of at least $100,000 at Bank of America? and Merrill. (At that level, you earn 3.5% on travel and dining purchases and 2.625% on everything else.) There is also an annual fee of $95.
  • Receive 50,000 bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America? accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
  • No Foreign Transaction Fees
  • Low $95 annual fee

Our pick for

Premium travel rewards

Chase Chase Sapphire Reserve Credit Card

on Chase's website

on Chase's website

Annual Fee

$450

Regular APR

18.99% - 25.99% Variable APR

Intro APR

N/A

Recommended Credit Score

Pros

The Chase Sapphire Reserve? gives you 3 points per dollar spent on travel and dining and 1 point per dollar on all other spending. Points are worth 1.5 cents apiece when redeemed for travel booked through Chase, or you can transfer them on a 1:1 basis to a dozen hotel and airline partners, possibly giving you even more value. You get $300 a year in credit for travel expenses, and every four years you can get reimbursed for the application fee for TSA PreCheck ($85) or Global Entry ($100). Add in the big sign-up bonus, and this card can easily pay for itself and then some, even with an annual fee of $450.

Cons

The $450 annual fee is a significant out-of-pocket expense. Much of the value of this card is tied to the $300 annual travel credit; if you don’t travel much, this isn’t the card for you.
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards?
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY? Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass? Select
  • Up to $100 application fee credit for Global Entry or TSA Pre??

Our pick for

Luxury perks

American Express Platinum Credit Card

on American Express's website, or call (866) 512-6673

Rates & Fees
Annual Fee

$550

Regular APR

N/A

Intro APR

N/A

Recommended Credit Score

Pros

The Platinum Card? from American Express is a high-end card designed for high-end travelers. The rewards are decent: 5 points per dollar on airfare and hotels when booked the right way (terms apply) and 1 point per dollar elsewhere. But the real value lies in the perks. There’s an annual credit of $200 for airline fees and up to $200 a year in Uber credit. You’ll be reimbursed for the application fee for Global Entry or TSA PreCheck every five years. You have access to more than 1,000 airport lounges worldwide. You get exclusive perks at hotels, concierge service to help wherever you are, and access to restricted events. And don’t forget the big offer for new cardholders.

Cons

The $550 annual fee is about as high as it gets for a mainstream card. If you don’t spend a lot on travel, the rewards are poor. And while this card is geared to world travelers, American Express isn’t as widely accepted globally as Visa and Mastercard.
  • Earn 60,000 Membership Rewards? points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards? points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card?. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • View Rates and Fees
  • See if you qualify for a better offer with American Express:

Our pick for

Best airline card

Bank of America Alaska Airlines Visa Signature?  Credit Card

on Bank of America's website

on Bank of America's website

Annual Fee

$75

Regular APR

17.74% - 25.74% Variable APR

Intro APR

N/A

Recommended Credit Score

Pros

This card comes with an annual Companion Fare deal that allows you to bring someone with you on a flight for as little as $99 plus taxes and fees. The savings from that perk alone can pay the $75 annual fee, but you also get a free checked bag benefit, 3X miles on airline purchases and a great sign-up offer.

Cons

Seattle-based Alaska Airlines’ operations are concentrated mostly on the West Coast, and even after completing its takeover of Virgin America, it doesn’t serve every state. So it's not an option for everyone. But if you fly the airline regularly, this card is a must.
  • NOW - 40,000 Bonus Mile + Alaska's Famous Companion Fare? Offer.
  • Get 40,000 bonus miles and Alaska's Famous Companion Fare? from $121 ($99 fare plus taxes and fees from $22) with this offer. To qualify, make purchases of $2,000 or more within the first 90 days of opening your account.
  • Save with a free checked bag on Alaska flights for you and up to six other guests on the same reservation.
  • Get Alaska's Famous Companion Fare? every year! EACH YEAR on your account anniversary get a companion fare from $121 ($99 plus taxes and fees from $22). Valid on all Alaska flights booked on alaskaair.com with no blackout dates.
  • Earn unlimited 3 miles for every $1 spent on eligible Alaska Airlines purchases and 1 mile for every $1 spent on all other purchases. And, your miles don't expire on active accounts.
  • NEW! Enjoy 50% off day passes at the Alaska Lounge and 20% back on all Alaska Airlines inflight purchases when you pay with your new card.
  • Redeem miles with no blackout dates on any of Alaska's 1,200 daily flights or choose from over 900+ destinations with more than a dozen global airline partners. Plus, get exclusive access to discounted redemption levels when you redeem miles for hotel stays at over 400,000 properties using Alaska Airlines Hotels.
  • Plus, no foreign transaction fees and a low $75 annual fee.

Our pick for

Best hotel card

Marriott Bonvoy Boundless? Credit Card

on Chase's website

Annual Fee

$95

Regular APR

17.99% - 24.99% Variable APR

Intro APR

N/A

Recommended Credit Score

Pros

If you want to use a hotel card as your primary rewards card, get?one?that matches where?you stay most. If you're?starting from scratch, it's hard to beat the?Marriott Bonvoy Boundless? Credit Card. You'll earn 6 points per dollar on eligible purchases at participating Marriott Bonvoy hotels and 2 points per dollar on all other eligible purchases. There's a handsome bonus offer for new cardholders and an annual free night's stay.

Cons

Although there are thousands of Marriott Rewards properties across about 30 brands, you might not be comfortable tying yourself to a single hotel group's loyalty program. For more flexibility, try a general-purpose travel card.
  • Limited Time Offer! Earn 100,000 Bonus Points after you spend $5,000 on purchases in the first 3 months from account opening.
  • An additional Free Night Award (valued up to 35,000 points) every year after account anniversary.
  • Earn 6X Bonvoy points per $1 spent at over 7,000 participating Marriott Bonvoy hotels.
  • 2X Bonvoy points for every $1 spent on all other purchases.
  • Automatic Silver Elite Status each account anniversary year. Path to Gold Status when you spend $35,000 on purchases each account year.
  • 15 Elite Night Credits each calendar year.
  • No foreign transaction fees.
  • Earn unlimited Marriott Bonvoy points and get Free Night Stays faster.

Our pick for

Business travelers

Chase Ink Business Preferred Credit Card

on Chase's website

Annual Fee

$95

Regular APR

17.99% - 22.99% Variable APR

Intro APR

N/A

Recommended Credit Score

Pros

Business owners want maximum value for every penny, and the Ink Business Preferred? Credit Card can help them get it. New cardholders can earn a jumbo sign-up bonus: Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards? You earn 3 points per dollar spent on travel, telecommunications, shipping and advertising on social media and search engines, on up to $150,000 in combined spending each year. All other spending earns 1 point per dollar. Points are worth 1.25 cents apiece when used to book travel through Chase Ultimate Rewards?; they can also be transferred on a 1:1 basis to travel partners such as United, Southwest, Marriott and Hyatt.

Cons

As with most credit cards with generous rewards, the Ink Business Preferred? Credit Card has an annual fee: $95. There’s a limit to how much spending earns 3 points per dollar; it’s a fairly high limit, but it’s still a limit.
  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards?
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee

Summary of Best Travel Credit Cards of October 2019

Credit CardBest ForIntro APRRegular APRAnnual FeeLearn More
Chase Sapphire Preferred Credit Card

Chase Sapphire Preferred® Card

on Chase's website

Airline miles and a large bonus

N/A

17.99% - 24.99% Variable APR

$95

on Chase's website

Capital One Venture Rewards Credit Card

Capital One? Venture? Rewards Credit Card

on Capital One's website

Flat-rate rewards and Hotels.com

N/A

17.49% - 24.74% Variable APR

$0 for the first year, then $95

on Capital One's website

Bank of America Travel Rewards? Credit Card

Bank of America® Travel Rewards Visa® credit card

on Bank of America's website, or call (800) 211-3740

Flat-rate rewards with no annual fee

0% on Purchases for 12 billing cycles

16.74% - 24.74% Variable APR

$0

on Bank of America's website, or call (800) 211-3740

Wells Fargo Propel American Express? Credit Card

Wells Fargo Propel American Express® card

on Wells Fargo's website

Bonus rewards with no annual fee

0% APR for 12 months on purchases and qualifying balance transfers

15.74% - 27.74% Variable APR

$0

on Wells Fargo's website

Bank of America® Premium Rewards® Credit Card

Bank of America® Premium Rewards® Visa® credit card

on Bank of America's website

Relationship rewards

N/A

17.74% - 24.74% Variable APR

$95

on Bank of America's website

Chase Chase Sapphire Reserve Credit Card

Chase Sapphire Reserve®

on Chase's website

Premium travel rewards

N/A

18.99% - 25.99% Variable APR

$450

on Chase's website

American Express Platinum Credit Card

The Platinum Card? from American Express

on American Express's website, or call (866) 512-6673

Luxury perks

N/A

N/A

$550

on American Express's website, or call (866) 512-6673

Bank of America Alaska Airlines Visa Signature?  Credit Card

Alaska Airlines Visa Signature® credit card

on Bank of America's website

Best airline card

N/A

17.74% - 25.74% Variable APR

$75

on Bank of America's website

Marriott Bonvoy Boundless? Credit Card

Marriott Bonvoy Boundless™ Credit Card

on Chase's website

Best hotel card

N/A

17.99% - 24.99% Variable APR

$95

on Chase's website

Chase Ink Business Preferred Credit Card

Ink Business Preferred℠ Credit Card

on Chase's website

Business travelers

N/A

17.99% - 22.99% Variable APR

$95

on Chase's website

Credit CardBest ForIntro APRRegular APRAnnual FeeLearn More
Chase Sapphire Preferred Credit Card

Chase Sapphire Preferred® Card

on Chase's website

Airline miles and a large bonus

N/A

17.99% - 24.99% Variable APR

$95

on Chase's website

Capital One Venture Rewards Credit Card

Capital One? Venture? Rewards Credit Card

on Capital One's website

Flat-rate rewards and Hotels.com

N/A

17.49% - 24.74% Variable APR

$0 for the first year, then $95

on Capital One's website

Bank of America Travel Rewards? Credit Card

Bank of America® Travel Rewards Visa® credit card

on Bank of America's website, or call (800) 211-3740

Flat-rate rewards with no annual fee

0% on Purchases for 12 billing cycles

16.74% - 24.74% Variable APR

$0

on Bank of America's website, or call (800) 211-3740

Wells Fargo Propel American Express? Credit Card

Wells Fargo Propel American Express® card

on Wells Fargo's website

Bonus rewards with no annual fee

0% APR for 12 months on purchases and qualifying balance transfers

15.74% - 27.74% Variable APR

$0

on Wells Fargo's website

Bank of America® Premium Rewards® Credit Card

Bank of America® Premium Rewards® Visa® credit card

on Bank of America's website

Relationship rewards

N/A

17.74% - 24.74% Variable APR

$95

on Bank of America's website

Chase Chase Sapphire Reserve Credit Card

Chase Sapphire Reserve®

on Chase's website

Premium travel rewards

N/A

18.99% - 25.99% Variable APR

$450

on Chase's website

American Express Platinum Credit Card

The Platinum Card? from American Express

on American Express's website, or call (866) 512-6673

Luxury perks

N/A

N/A

$550

on American Express's website, or call (866) 512-6673

Bank of America Alaska Airlines Visa Signature?  Credit Card

Alaska Airlines Visa Signature® credit card

on Bank of America's website

Best airline card

N/A

17.74% - 25.74% Variable APR

$75

on Bank of America's website

Marriott Bonvoy Boundless? Credit Card

Marriott Bonvoy Boundless™ Credit Card

on Chase's website

Best hotel card

N/A

17.99% - 24.99% Variable APR

$95

on Chase's website

Chase Ink Business Preferred Credit Card

Ink Business Preferred℠ Credit Card

on Chase's website

Business travelers

N/A

17.99% - 22.99% Variable APR

$95

on Chase's website

Maximize rewards by pairing these credit cards together.

The buddy system really pays off.

HOW TRAVEL REWARDS WORK

By Joe Cortez, NerdWallet point and miles expert

Modern-day adventurers and once-a-year vacationers alike love the idea of?earning?rewards?toward their next big trip. According to a NerdWallet study, 68% of American adults say they have a credit card that earns travel rewards.

With a travel rewards credit card, you earn points or miles every time you use?the card, but you can often earn more points per dollar in select categories. Some top travel credit cards,?such as the Chase Sapphire Reserve®, offer bonus points?on any travel spending, while the Marriott Bonvoy Boundless™ Credit Card?grants bonus points only when you use the card at Marriott hotels.

Not all?points and miles earned on travel rewards credit cards are the same:

  • General-purpose travel credit?cards — including the Chase Sapphire Preferred® Card, the American Express? Gold Card and the Capital One? Venture? Rewards Credit Card?—?give you?rewards that can be used like cash to pay for travel or that can be exchanged for points in airline or hotel loyalty programs. With their flexible rewards, general-purpose?options are usually the best travel credit cards for those who don't stick to a single airline or hotel chain.
  • Airline- and hotel-specific cards?— such as the United℠ Explorer Card?and the Hilton Honors American Express Card?— give points and miles that can be used?only?with the brand on the card. (Although it's possible in some cases to transfer hotel points to airlines, we recommend against it because you get a poor value.) These so-called co-branded cards are usually the best travel credit cards for those who always fly one particular airline or stay with one hotel group.

How do we value points and miles? With?the rewards earned on?general travel cards, it's simple: They have a fixed value, usually between?1 and 1.5 cents per point, and you can spend them like cash. With airline miles and hotel points, finding the true value is more difficult. How much value you get depends on how you redeem them. As a general rule,?airline miles go further if you use them for business- and first-class accommodations on international flights.

To better understand what points and miles?are worth,?NerdWallet researched the cash prices and reward-redemption values for?hundreds of hotel rooms and flights. The tables below show average point values derived from that research.

Average value per point/mile, in cents
AIRLINES Domestic International
Alaska 1.2 1.1
American 1.0 5.0
Delta 1.4 2.7
Frontier 0.8 1.1
JetBlue 1.5 1.7
Southwest 1.6 1.9
Spirit 0.4 0.7
United 1.3 3.3

? MORE: NerdWallet's best airline credit cards

Average value per point, in cents
HOTELS Domestic International
Best Western 0.5 0.6
Choice 0.7 0.8
Hilton 0.4 0.4
Hyatt 1.8 1.5
IHG 0.6 0.5
Marriott 0.8 0.7
Radisson 0.3 0.3
Wyndham 0.7 0.7

? MORE: NerdWallet's best hotel credit cards

HOW TO CHOOSE A TRAVEL CREDIT CARD

There are scores?of travel rewards cards to choose from. The best travel credit card for you has as much to do with?you?as with the card. How often you travel, how much flexibility you want, how much you value airline or hotel perks — these are all things to take into account when deciding on a travel card. Our article on?how to choose a travel credit card?recommends that you prioritize:

  • Rewards you will actually use?(points and miles are only as good as your ability to redeem them for travel).
  • A high earning rate?(how much value you get in rewards for every dollar spent on the card).
  • A sign-up bonus?(a windfall of points for meeting a spending requirement in your first few months).

Even with these?goals in mind, there are all kinds of considerations that will influence your decision on a travel rewards credit card.

Travel cards are for?travelers

Travel cards?vs. cash-back cards

The very first question to ask yourself when choosing a travel credit card is:?Should I get a travel card at all??Travel credit cards are best for frequent travelers, who are more likely to get enough value from rewards and perks to make up for the annual fees that the best travel credit cards charge. (Some travel cards charge no annual fee,?but they tend to offer lesser rewards than full-fee cards.) A?NerdWallet study found?that those who travel only occasionally — say, once a year —?will probably get greater overall rewards from?cash-back credit cards, most of which charge no annual fee, than from a travel card.

Flexibility?and perks: A?trade-off

Co-branded cards vs. general travel cards

Travel credit cards fall into two basic categories: co-branded cards and general travel cards.

  • Co-branded cards?carry the name of an?airline?or?hotel group, such as the United℠ Explorer Card or the Marriott Bonvoy Boundless™ Credit Card. The rewards you earn are redeemable only with that particular brand, which can limit your flexibility, sometimes sharply. For example, if your credit card's co-branded airline partner doesn't have any award seats available on the?flight you want on the day you want, you're out of luck. On the other hand, co-branded cards commonly offer airline- or hotel-specific perks that general travel cards can't match.
  • General travel cards?aren't tied to a specific airline or hotel, so they offer?much greater flexibility. Well-known general travel cards include the Capital One? Venture? Rewards Credit Card and the Chase Sapphire Preferred® Card. Rewards on general travel cards come as points (sometimes called "miles," but they're really points) that you can redeem for any travel expense. You're not locked into using a single airline or hotel, but you also won't enjoy the perks of a co-branded card.

Evaluating general travel credit cards

What you get with a?general travel card

The credit cards featured at the top of this page are general travel cards. They're issued by a bank (such as Chase or Capital One), carry only that bank's name, and aren't tied to any single airline or hotel group.?With these cards, you?earn points on every purchase — usually 1 to 2 points per dollar spent, sometimes with additional points in certain categories.

Issuers of general travel cards typically?entice new applicants with big sign-up bonuses (also known as?"welcome offers") — tens of thousands of miles that you can earn by spending a certain amount of money on the card in your first?few months.

? MORE: NerdWallet's best credit card sign-up offers

What do you do with those points? Depending on the card, you may have several ways to redeem them:

  • Booking travel.?With this option, your points pay for travel booked through the issuer's website, using a utility similar to Orbitz or Expedia. For example, if points were worth 1 cent apiece when redeemed this way, you could book a $400 flight on the issuer's portal and pay for it with 40,000 points
  • Statement credit.?This?lets you essentially erase?travel purchases by using your points for credit on your statement. You make travel arrangements however you want (directly with?an airline or hotel, through a travel agency, etc.) and charge it to?your card. Once?the charge shows up on your account, you apply?the necessary?points and eliminate the?cost.
  • Transferring to partners.?The card issuer may allow you to transfer your points to loyalty programs?for airlines or hotel chains, turning your general card into something like a co-branded card (although you don't get the perks of a co-brand).
  • Cash back, gift cards or merchandise.?If you don't plan to travel, you can burn off your rewards with these options, although you'll?often get a lower value per point.

Airline and hotel cards sharply limit your choice, but?they make up for it with perks that only they can offer, like free checked bags or room upgrades. General travel cards, on the other hand, offer maximum flexibility?but can't?provide the same?kinds of perks,?because the banks that issue them don't?operate the airlines or hotels. Still,?there are some noteworthy perks on general travel cards, including:

  • Travel credit.?This is automatic reimbursement for travel-related spending. Some top travel credit cards offer hundreds of dollars a year in travel credit.
  • Trusted traveler reimbursement.?More and more travel credit cards are covering the application fee for TSA Precheck and Global Entry, programs that allow you to move through airport security and customs more quickly.
  • Airport lounge access.?Hundreds of lounges worldwide operate separately from airlines under such networks as Priority Pass and Airspace, and several general travel cards offer access to these lounges.

Points programs?

Every major card issuer has at least one travel card with a points?program.?American Express calls its program Membership Rewards, while Chase?has Ultimate Rewards? and Citi pays in ThankYou points. Wells Fargo has Go Far Rewards, and U.S. Bank?has?FlexPerks. Bank of America? travel cards offer points without a fancy name. Travel cards from Capital One, Barclays and Discover all call their points "miles."

These programs differ in how much their points are worth and how you can use them. Some offer the full range of redemption options, including transfers to loyalty programs. Others let you use them only to book travel or get statement credit.

? MORE: Travel loyalty program reviews

Evaluating airline credit cards

What you get with?an airline credit card

Airline credit cards earn "miles" with each purchase. You typically get 1 mile per dollar spent,?with a higher rate (2 or more miles per dollar) on?purchases with the airline itself. (Some airline cards have also begun offering extra miles for purchases in additional categories, such as restaurants or car rental agencies.) These miles go into the same frequent-flyer account as the ones you earn by flying the airline, and you can redeem them for free flights with the airline or its alliance partners.

Co-branded airline cards typically offer sign-up bonuses (or welcome offers). But?what really sets?them apart are the perks?they give you.?With some cards, for example, the?checked-bag benefit alone can make up for the annual fee after a single roundtrip by a couple. Common perks of airline cards include:

  • Free checked bags.?This commonly applies to the first checked bag for you and at least one companion on your reservation. Some cards extend this perk to more people, and higher-end cards (with higher annual fees) may even let you check two bags apiece for free.
  • Priority boarding.?Holders of co-branded airline credit cards often get to board the plane early — after the airline's elite-status frequent flyers but before the general population. This gives you time to settle in and gives you a leg up on claiming that coveted overhead bin space.
  • In-flight discounts or freebies.?You might get, say, 25% off the cost of food and beverages during the flight, or free Wi-Fi.
  • Airport lounge access.?High-end cards often include a membership?to the airline's airport lounges, where you can get away from the frenzy in the terminal and enjoy a complimentary snack. Some?less-expensive?airline cards give you only limited or discounted lounge access; others give you none at all.
  • Companion fares.?This perk lets you bring someone with you for a lower?cost?when you buy a ticket at full price.
  • A boost toward elite status.?Miles earned with a credit card, as opposed to those earned from actually flying on the airline, usually do not count toward earning elite status in an airline's frequent-flyer program. However, carrying an airline's high-end card might automatically qualify you for a higher tier within the program.

The biggest U.S. airlines — American, United and Delta — offer an array of credit cards. Each airline has a no-annual-fee?card that earns miles on purchases but?provides little in the way of perks (no free bags or priority boarding). Each has a high-end card with an annual fee in the?neighborhood of $450 that offers lounge access and sumptuous perks. And each has a "middle-class" card with a fee of around $100?and?solid ongoing perks. Southwest offers three credit cards with varying fees; smaller carriers may just have a single card.

? MORE:?NerdWallet's best airline credit cards

Choosing an airline

Which airline card you get depends in large part on what airline you fly, and that's heavily influenced by where you live. Alaska Airlines, for example, has an outstanding credit card, but the airline's routes are concentrated primarily on the West Coast. So it's not a great option for those who live in, say, Buffalo, New York, or Montgomery, Alabama.

If your local airport is dominated by a single airline, then you're probably flying that carrier most (or all) of the time by default. Delta, for example, is the 800-pound gorilla at?Minneapolis-St. Paul and Salt Lake City. United has the?bulk of the traffic at Newark and Washington Dulles. American calls the shots?at Charlotte and Dallas-Fort Worth. That airline's credit card may be your only realistic option.?If you're in a large or midsize market?with frequent service from?multiple airlines, you have?more?choice.

? MORE:?How to choose an airline credit card

Evaluating hotel credit cards

What you get with a hotel card

Hotel credit cards earn points with each purchase. As with airline cards, you typically get more points per dollar for purchases from the co-brand partner,?and some cards also give bonus points in additional categories. (Hotel cards tend to give you?a greater number of points overall than airline cards, but?each individual point?is generally worth less than a typical airline mile.)?Similar to the airline model, the points you earn with the card?go into the same loyalty account as the points you earn from actually staying?at?a hotel. You redeem?your points for free stays.

Hotel cards usually offer a sign-up bonus, but like airline cards, they really make their bones with the?ongoing perks.?Common perks on hotel cards include:

  • Free nights.?Several cards offer this?perk, which can make up for the card's annual fee.?You may get a?free night automatically every year, or you may unlock it by spending a certain amount within a year. In the latter case, it comes on top of the points you earn for your spending.
  • Upgrades and freebies.?Cardholders may?qualify for automatic room upgrades when available, or free or discounted amenities such as meals or spa packages.
  • Early check-in/late check-out.?No one likes having to cool their heels in the hotel lobby waiting for 3 o'clock to check in. And no one likes have to vacate their room by 11 a.m. when their flight doesn't leave till evening.
  • Accelerated elite status.?Some hotel cards automatically bump you up a level in their loyalty program just for being a cardholder.

? MORE:?NerdWallet's best hotel credit cards

Choosing a hotel?group

If you decide to go the hotel-card route, you'll?need to?decide which?hotel group gets your business. Hotels aren't as?market-concentrated as airlines, so if your travels take you mostly to metropolitan areas, you'll have a decent amount of choice. Keep in mind that even though there are dozens of nationally recognizable hotel brands, ranging from budget inns to luxury resorts, many of them are?just?units?in a larger hotel company, and that company's card can unlock benefits across the group.

Marriott, for example,?includes not only its namesake properties but nearly 30 other brands, including Courtyard, Fairfield, Renaissance, Residence Inn, Ritz-Carlton, Sheraton?and Westin. The Hilton family includes?DoubleTree, Embassy Suites, Hampton Inn and Waldorf-Astoria. InterContinental includes Holiday Inn,?Candlewood, Staybridge?and Crowne Plaza.?Wyndham and Choice have more than 15 mid-tier and budget-oriented brands between them.

HOW TO COMPARE TRAVEL CREDIT CARDS

No travel rewards credit card is going to have?everything?you want. You're going to be disappointed if you?expect to find a high rewards rate, a generous sign-up bonus, top-notch perks?and?no annual fee. Each card delivers value through a different combination of?features; it's up to you to compare cards based on the following features and choose the best travel credit card for your needs and preferences.

Annual fee

Most of the best travel cards charge an annual fee. Fees in the range of $90 to $100 are standard for travel cards. Premium cards with extensive perks will have fees of $450 or more. Weigh the value of the rewards and perks you'll?get to make sure they'll make up for the fee.

Can you find good cards without an annual fee? Absolutely! There are no-fee options?on our list of the best travel credit cards, and we've rounded up more here. Just be aware that if you go with a no-fee travel card, you'll earn rewards at a lower rate, your sign-up bonus will be smaller, and you won't get as many (if any) perks.

Rewards rate

Rewards can be thought of in terms of "earn rate" and "burn rate".

  • The earn rate?is how many points or miles you?receive per dollar spent. Some general travel cards?offer?flat-rate rewards, meaning you get the same rate on?all purchases, all the time — 2 miles per dollar, for example, or 1.5 points per dollar. Others, including most co-branded cards, offer a base rate of maybe 1 point per dollar and then pay?a higher rate in certain categories, such as airline tickets, hotel stays, general travel expenses or restaurant meals.
  • The burn rate?is the value?you get for those points or miles when you redeem them. The industry average is about?1 cent per point or mile.? Some cards, particularly hotel cards,?have lower value per point on the "burn" side but give you more points per dollar on the earning side.

When comparing?rewards rates, don't just look at the numbers. Look at the categories to which those numbers apply, and find a card that matches your spending patterns. Getting 5 points per dollar seems great?— but if those 5X points come only on purchases at, say, office supply stores, and you don't?spend money?on?office supplies, then you're getting lousy value.

Sign-up bonus

Travel cards tend to have the biggest?sign-up bonuses — tens of thousands of points that you earn by hitting a certain amount of spending. But there's more to consider?when comparing?sign-up bonuses than just how many points or miles you earn. You must also take into account how much you?have to spend to earn the bonus. While cash-back credit cards often?require just $500 to $1,000 in spending over three months to unlock a bonus, travel cards commonly have thresholds of $3,000 to $5,000.

Never spend money you don't have just to earn a sign-up bonus.?Carrying?$3,000 in debt for?a?year in order to earn a $500 bonus doesn't make economic sense — the interest you'll pay?could easily wipe out the value of the bonus.

Finally, keep in mind that the biggest?bonuses will come on cards with annual fees.

Foreign transaction fees

A good travel card will not charge a foreign transaction fee. These fees are surcharges on purchases made outside the U.S. The industry standard is about 3%, which is enough to wipe out most if not all of the rewards you earn on a?purchase. If you never leave the U.S., then this isn't much of a concern, but anyone who travels abroad should?bring?a no-foreign-transaction-fee card with them.

Some issuers, including Discover and Capital One, don't charge?foreign transaction fees on any of their cards. Others charge them on some cards but not all.

International acceptance

Not all travel credit cards are great companions for international travel. While Visa and Mastercard are?good pretty much worldwide,?you may encounter?limited acceptance?for?American Express and, especially, Discover, depending on the destination. This doesn't mean world travelers should dismiss AmEx and Discover. Just know that if you take?one of these cards?with you overseas, you'd be smart to bring along a backup in case you run into acceptance problems. (Having a backup card is good advice within the U.S., too, really.)

Travel protections

Consider which travel protections —?car rental insurance,?trip cancellation coverage, lost baggage protection — are important to you.

Perks

"Rewards" are what you get for using a credit card — the points earned with each transaction and the bonuses you unlock with your spending. "Perks" are?goodies that you get just for carrying the card. There's a?very close correlation between the annual fee on a card and the perks you get for carrying it. Cards with no annual fee?are all about rewards and go very light on perks. Premium cards with annual fees?of $450 or more are laden with perks (although sometimes their rewards aren't too special). Midtier?cards (in the $100 range) tend to have solid rewards and a handful of high-value perks.

Assuming you take advantage of them, the perks often make up for the annual fee on a card quite easily. This is especially true with co-branded cards. Free checked bags can pay for an airline card several times over, and a free night is usually worth more than the fee on a hotel card. When?comparing?the perks of various cards, be realistic about which ones you will and won't use. Sure, that card may entitle you to a free spa package the next time you're at a five-star hotel, but how often do you stay at five-star hotels?

SHOULD YOU GET A TRAVEL CARD??PROS AND CONS

Pros: Why it's worth getting a travel card

  • The sign-up bonus gives you a big head-start on?travel.?Bonuses on the best travel credit cards typically run?$500 or more — enough for a roundtrip ticket in many instances.
  • Perks make travel?less expensive?and more relaxing.?You won't have to worry about cramming a week's worth of clothes into a carry-on if your travel credit card gives you a free checked bag (or automatically reimburses you for the bag fee). Hate the crush of travelers in the terminal? Escape to the airport lounge. Renting a car? Use a travel card that provides primary rental car insurance.
  • Rewards get you closer?to?your next trip with every purchase.?Spending money on the mundane activities of daily life has a silver lining when you know that every $1,000?you spend?will knock?$10 or $20 off the cost of that future beach vacation or trip home to see Mom and Dad.
  • No foreign transaction fee can mean big savings. Take just any old credit card with you on vacation outside the U.S., and $1,000 worth of purchases can cost you $30 off the top due to the foreign transaction surcharge. Good travel cards don't charge this fee.
  • "Double dipping" gives you more points on travel purchases.?Buy a plane ticket or book a hotel room, and you'll earn loyalty points or miles regardless of how you pay. Use the right credit card, though, and you'll earn even more points and miles on top of those.
  • Strategic redemption can multiply your value.?With cash-back credit cards, 1 cent is worth 1 cent, and that's just how it goes. The points and miles on many travel credit cards have variable value based on how you redeem them —?booking travel with them vs. transferring them to a partner, booking domestic vs. international flights and economy vs. business class, staying at budget hotels vs. high-end resorts, and so on.

Cons: Why a travel card might not be for you

  • The best cards charge annual fees.?In many cases, the value you get from?a credit?card more than makes up for the annual fee. But some people are dead set against paying a fee under any circumstances. If that's you, your options in travel cards will be sharply limited, and you won't get the perks that provide a big?portion of the value on many cards.
  • Sign-up bonus spending requirements can be steep.?A bonus worth?$500, $600 or $700 is attractive, but only if you can afford to earn it with spending you were going to do anyway. If you have to amass thousands of dollars?in debt and then?pay interest on it, it's not worth it.
  • Travel cards aren't?ideal for?infrequent travelers.?In the first year with a travel card, you're probably going to come out ahead: You can earn a big sign-up bonus, and several?popular cards waive the first year's annual fee, too. In subsequent years, though, you'll break even on that fee only if you?use the card?enough to make up for it?(with the rewards you earn and redeem and the perks you use). Infrequent travelers are more likely to get more total rewards from a cash-back card with no annual fee.
  • Cash back is simpler and more flexible. Some travel cards allow you to redeem your rewards only for travel. Others give you poor value unless you redeem for travel. Still others have complicated redemption options, making it hard to get the most out of your rewards. With cash-back credit cards, you can?use your rewards on anything, you know exactly how much your rewards are worth, and redemption is usually simple.
  • Rewards cards tend to charge higher interest rates.??If you regularly carry a balance from month to month, a travel credit card — or any rewards credit card — probably isn't your best choice. The interest you pay is eating up the value of your rewards. You're better off with a low-interest card that reduces the cost of carrying debt.

MAKING THE MOST OF YOUR TRAVEL CARD

Maximize your rewards with the following tips:

  • Plan your credit card application around a big purchase to earn the sign-up bonus.
  • Seize every opportunity to pick up the tab, especially if your travel credit card pays bonus rewards on dining; your friends can pay you back while you collect rewards.
  • Redeem rewards for travel instead of gift cards, merchandise or (in most cases) cash back to get the best value.
  • Join the loyalty program associated with a co-branded card — a frequent-flyer or frequent-guest program.
  • Shop for essentials in your card’s online bonus mall or through its exclusive offers, if available, to get extra rewards.

OTHER CARDS TO CONSIDER

It’s worth considering whether a travel credit card is even right for you in the first place. A NerdWallet study found that cash-back credit cards often earn more money — even for many travelers.

If you?carry a?balance from month to month, the higher?interest rates typically charged by rewards cards?can cancel out any rewards earned. If you have a good credit score, you're better off with a low-interest credit card?that can save you money on interest.

A good?travel credit card shouldn't charge foreign transaction fees, but there are good non-travel cards that also don't charge them.?See our?best cards with no foreign transaction fee.

If you value transparency and flexibility in your rewards, you can't go wrong with a cash-back card?— and you can still use the rewards for travel, if you want.

Finally, if you're still not sure what's right for you, take a look at our?best rewards credit cards?for options beyond travel and cash back.

HOW THEIR REWARDS RATES STACK UP

Card Our pick for ... Rewards rates
Capital One? Venture? Rewards Credit Card Flat-rate rewards and Hotels.com ? 2?miles per $1 spent on?all purchases
? 10 miles per dollar at Hotels.com/venture?(through January 2020)
Chase Sapphire Preferred® Card Airline miles and a large bonus ? 2 points per $1 spent on travel and dining
? 1 point per dollar on all other spending
Bank of America® Travel Rewards Visa® credit card Flat-rate rewards with no annual fee ? 1.5 points per $1 spent on all purchases
Wells Fargo Propel American Express® card No annual fee ? 3 points per $1 spent on eating out and ordering in
? 3 points per dollar on gas stations, rideshares and transit
? 3 points per dollar on travel
? 3 points per dollar on popular streaming services
? 1 point per dollar on all other purchases
Bank of America® Premium Rewards® Visa® credit card Relationship rewards ? 2 points per?$1 spent on travel and dining
? 1.5 points per dollar on all other?spending
Chase Sapphire Reserve® Premium travel rewards ? 3 points per?$1 spent on travel and dining
? 1 point per dollar on all other spending
The Platinum Card? from American Express Luxury perks ? 5 points per $1 spent on airfare?booked directly?with airlines or through American Express Travel, and on?prepaid hotels booked on amextravel.com
? 2 points per dollar on other eligible travel booked through amextravel.com
? 1 point per dollar on all other spending
? Terms Apply
Ink Business Preferred℠ Credit Card Business travelers ? 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
??1 point per dollar on all other spending

To view rates and fees of the The Platinum Card? from American Express, please visit this page.

Last updated on October 1, 2019

Methodology

NerdWallet's Credit Cards team selects the best travel rewards credit cards based on overall consumer value, as evidenced by star ratings, as well as their?suitability?for?specific kinds of travelers. Factors in our?evaluation?include each card's annual fee, foreign transaction fees, rewards earnings rates, ease of use, redemption options, domestic and international acceptance, promotional APR period, bonus offers, and cardholder perks such as?automatic statement?credits and airport lounge access.

Frequently asked questions

Travel credit cards earn points (sometimes called miles) each time you buy something. The standard earning rate is 1 to 2 points per dollar spent, and many cards give you extra points for certain purchases, particularly travel expenses. The value of a point depends on the card that earned it and how you redeem it, but a good rule of thumb is to assume each point is worth an average of about 1 cent.

?

Your points accumulate in a rewards account, where you can use them to pay for travel. Most cards let you book travel directly using a portal similar to those at online travel agencies or on airline and hotel websites, but instead of paying cash, you pay with your points. Depending on the card, you may also have the option of booking travel?any way?you want, paying for it with the card and then cashing in your points for a credit against those expenses.

Points and miles are just different names for the same thing: the currency used in a travel rewards program. Some travel credit cards call them points, some call them miles.

?

Airline frequent flyer programs have long used the term “miles” to refer to the rewards you earn for flying. That’s because at one time, you really did earn rewards according to how many miles you flew — the longer the flight, the more miles you earned. Nowadays, most domestic airlines give out “miles” based on how much you spend, not how far you fly, so they’re really just points. (There are a few exceptions, though, notably Alaska Airlines.)

?

Especially when it comes to redeeming your rewards, there’s no difference between points and miles.?The number of points or miles you need is?based mostly on the cost of what you’re redeeming them for. It takes more than 500 miles (value about: $5) to get a free 500-mile flight!

The value of a point or mile depends on the card you earned it with and how you redeem it. A common rule of thumb is to assume that each point or mile is worth an average of 1 cent, although you can certainly get a much higher (or lower) redemption value. See our travel loyalty roundup page for NerdWallet’s current valuations for airline miles and hotel points.?

Travel credit cards fall into two?main categories: co-branded and general-purpose.

  • Co-branded travel cards carry the name of an airline or hotel chain. The rewards you earn on the card can typically be redeemed only with that brand (or maybe its partners). Co-branded cards limit your flexibility, but because they are issued in partnership with an airline or hotel, they can give you special perks, like free checked bags or room upgrades.
  • General-purpose travel cards are issued by a credit card company and are not directly tied to?any particular airline or hotel. They earn points in the?issuer's own program, such as American Express Membership Rewards, Chase Ultimate Rewards? or Citi ThankYou. These points are a lot more flexible, as you can use them to pay for a range of travel expenses, including flights on any airline or stays at any hotel. However, they don’t offer the airline- or hotel-specific perks of co-branded cards.

Travel cards —?like rewards cards in general — typically require good to excellent credit for approval. Good credit is generally defined as a credit score of 690 or better. However, credit scores alone do not guarantee approval. Every issuer has its own criteria for evaluating applications.