Notes On Travel Credit Cards Essay

Notes On Travel Credit Cards Essay

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Travel credit cards

Best travel credit card


Travel cards have many variations: airline and hotel cards that earn frequent customer points or cards that earn you rewards points to redeem later for any travel.
There are many variables to compare when choosing the best travel card: sign up bonus, annual fee, ongoing rewards rate and travel perks.

Here’s our editors’ top picks for the best travel cards.


General travel reward cards

Chase sapphire

Benefits
Biggest sign up bonus - if you spend $4,000 on the card in the first 3 months of your account you will receive 50,000 bonus points - that’s equal to $625 if used for travel on Chase travel portal. Another 5,000 points can be received for adding an authorized used on your credit card.

The great feature of Chase Sapphire is that it earns you points that can be exchanged at 1:1 rate on almost any frequent traveler program miles. Another option is to book your trip on Chase website and get an additional 25% on your points.

The card earns you double points for restaurants and travel purchases and single point for all other purchases.
First year annual fee is waived.

Drawbacks
Annual fee $95 starting from the second year of your account.
Comparing to cobranded credit cards, Chase Sapphire doesn 't offer any airline specificc perks - like free checked bags, are companion tickets, priority boarding.


Capital One Venture


Benefits
One of the greatest ongoing rewards rate of 2 point per dollar spent on any purchase.
Great flexibility in redeeming your points - you just use points do ‘erase’ travel purchases from your credit card statement. That makes Venture a great card for bargain hunters - you can book your flight or hotel on any hot deal website and still use your rewards to ...


... middle of paper ...


...traveling in high season.

With flexible rewards programs like Bank of America Points or Capital One No Hassle Miles, you are earning points that you can later use as a statement credit to offset your travel expenses.

Chase Ultimate Rewards offers you flexibility to redeem the points through travel purchases on Chase portal (with a 20% bonus for that), or transfer them to one of many Chase partner hotels and airline rewards programs. Such flexibility gives you a huge opportunity to find excellent deals if you are willing to invest your time in digging for them.

Last but not the least: if you tend to carry a balance on a card, just skip all the above and move on to low APR card – it will save much more in interest that you pay to the bank for the debt.


Keys:
for international travel, for travel miles, 2016, no annual fee, starwood, venture cp one, for bad credit


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