Travel Reward Cards
Everything You Need to Know About Travel Rewards Cards
Frequently Asked Questions
How do travel credit cards work?
Travel rewards credit cards provide you with points or miles for most purchases you make. If the card is not co-branded with a travel company, you can earn then redeem points for travel purchases, apply them to past travel purchases (in some cases), or transfer them to hotel and airline travel partners. If the card is co-branded, then your purchases accrue points within a single loyalty program.
What is the best travel rewards card?
Because every traveler is different, there isn't a "best" travel card, per se. That being said, certain cards have distinct advantages. The Chase Sapphire Preferred card's points have the most value, according to The Balance's valuation, and is a great overall card.
Are travel rewards cards worth it?
Travel rewards cards are generally worth their annual fee if you can redeem your rewards and take advantage of perks on a regular basis. Most travel cards have perks and rewards valued at hundreds of dollars a year and, in some cases, more than a thousand dollars per year.
What kind of perks do travel rewards cards have?
Many travel rewards cards offer a series of insurance-style protections that can provide reimbursement for trip cancellations, rental car damage, lost or damaged luggage, and severe injuries sustained during travel. Co-branded cards offer additional perks related to the brand, like annual complimentary hotel stays, status upgrades, priority boarding, and free checked baggage.
Chase Ultimate Rewards
Chase Ultimate Rewards is a point-based credit card rewards program that allows holders of certain Chase-branded credit cards to earn rewards on travel and everyday purchases. You can then redeem those awards for cash back, or use them to pay for past purchases.
Capital One Venture Rewards
The Capital One Venture Rewards program offers rewards in the form of miles, but they’re not like frequent flyer miles that have the most value when you redeem them for award flights. Rather, you can use your Venture miles to cover just about any travel-related expense or redeem them for statement credits, gift cards, and other options.
Citi ThankYou Rewards
The Citi ThankYou Rewards program is a general rewards program that offers points you can use for cash back, statement credits, online shopping, travel, and gift cards
World of Hyatt
World of Hyatt is the rewards program for Hyatt Hotels & Resorts. The hotel initially called its loyalty program "Hyatt Gold Passport." In 2017, the company renamed the program “World of Hyatt." Members can earn and redeem points for free hotel stays, on-property perks, other forms of travel, and more.
Marriott Bonvoy is the hotel loyalty program for Marriott International. In 2019, Marriott consolidated three of its loyalty programs—Marriott Rewards, the Ritz-Carlton Rewards, and Starwood Preferred Guest—into the Marriott Bonvoy program. Bonvoy members can use points for hotel stays, to book travel, and more.
Co-branded credit cards are credit cards backed by a credit card network, card issuer, and a consumer brand such as Delta, Target, or Marriott.
An annual percentage rate (APR) is the interest rate you pay each year on a loan, credit card, or other line of credit. It’s represented as a percentage of the total balance you have to pay.
An airline credit card is a type of travel rewards credit card that allows consumers to earn airline miles and other perks with a specific airline in exchange for making purchases.
Credit card churning is the practice of repeatedly opening new credit cards to earn sign-up bonuses and then typically stopping use of them.
The United MileagePlus program is the frequent flier program for United Airlines. You can earn MileagePlus loyalty miles in a lot of ways, such as flying on United Airlines or partner airlines or using a United Airlines credit card. You can redeem your miles for award flights, hotel stays, cruises, gift cards, and more.