Credit Cards

Best Travel Credit Cards Of 2020

Last updated on February 24, 2020 by
best travel credit cards

A travel credit card can help make travel cheaper, or even let you travel for free if you earn enough points. Some cards even come with additional perks, such as access to exclusive airport lounges, seat upgrades, and even front of the line access when boarding the plane. Additionally, the best travel credit cards come with travel protection such as a variety of insurance options, concierge service, and even additional perks when staying at certain hotels.

Best For

Overall Best Travel Credit Card

Chase Sapphire Preferred

chase sapphire preferred

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on Chase’s website

Welcome Offer: 60,000 bonus points (value of $750 towards travel)

Interest Rate: 17.49% – 24.49% Variable

Annual Fee: $95

Recommended credit level: Good

The Chase Sapphire Preferred Card offers a healthy welcome bonus of 60,000 bonus points (when you spend $4000 with the card in the first 3 months). That equates to $750 you can redeem towards travel when you book through Chase Ultimate Rewards. Another great travel feature of the card is that there are no foreign transaction fees.

Rewards Earn Rate: You’ll get 2x points on travel and dining purchases, and 1x points on everything else.

Best For

Flat-Rate Travel Rewards

Capital One Venture Rewards Card

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on Capital One’s website

Welcome Offer: 50,000 bonus miles

Interest Rate: 17.24% – 24.49% variable APR.

Annual Fee: $0 intro for the first year, then $95

Recommended credit level: Good

The Capital One Venture Rewards Card is the best flat-rate card where you can earn 2x miles on every purchase made with the card. If you make purchases in a wide variety of spending categories, this card is perfect for you. You’ll get 50,000 bonus miles as a welcome bonus (when you spend $3000 with your card within the first 3 months). It also comes with no foreign transaction fees, and allows you to transfer your miles to 12 different loyalty programs.

Rewards Earn Rate: Earn 2X miles on all purchases, every day and collect an unlimited amount of miles.

Best For

No Annual Fee

Capital One VentureOne Rewards Card

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on Capital One’s website

Welcome Offer: 20,000 bonus miles

Interest Rate: 0% intro APR for 12 months, then 13.49% – 23.49% Variable

Annual Fee: $0

Recommended credit level: Good

The Capital One VentureOne Rewards Card is the NO-FEE version of the Capital One Venture card, but still offers plenty of bonus points, rewards, and perks. You get 20,000 bonus miles (when you spend $1,000 in purchases within the first 3 months). With no annual fees, and no foreign transaction fees, it’s one of the most accessible travel cards. You can easily transfer your miles to over 12 different loyalty programs.

Rewards Earn Rate: Earn 1.25X miles on all purchases, every day and collect an unlimited amount of miles.

Best For

Premium Rewards

Chase Sapphire Reserve

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on Chase’s website

Welcome Offer: 50,000 bonus points + $300 travel credit

Interest Rate: 18.49% – 25.49% Variable

Annual Fee: $550

Recommended credit level: Excellent

The Chase Sapphire Reserve is best premium travel rewards card designed specifically for people who travel frequently. Although the annual fee is steeper than other cards, you’ll get 50,000 in welcome bonus points (after spending $4000 in the first 3 months) as well as a $300 travel credit each year you’re a cardholder. Frequently travellers will love the 3x earnings on travel and dining purchases, as well as the 50% point bonus when redeeming through Chase Ultimate Rewards. It also comes with no foreign transaction fees + complimentary airport lounge access.

Rewards Earn Rate: Earn 3X points on dining and travel, 1x points on all other purchases.

Best For

Business Travel

American Express Platinum

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on American Express’ website

Welcome Offer: 60,000 bonus points + $200 airline credit + $200 Uber credit

Interest Rate: N/A

Annual Fee: $550

Recommended credit level: Excellent

The Platinum American Express Card is a premium travel rewards card that offers a lot of VIP perks, such as $200 in Uber credits, $200 in airline fee credits, and around $550 in perks at over 1000 Fine Hotels & Resorts. You’ll also get access to the American Express Global Lounge Collection. The card comes with 60,000 in bonus points, no foreign transaction fees, and one of the highest points earn rates of any other travel card. This also makes it the perfect card for established business owners looking for a card to pay for business trips.

Rewards Earn Rate: Earn 5x points on flights and hotels booked on Amex Travel. 1X points on all other purchases.

Best For

Airline Rewards

United Explorer Card

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on United’s website

Welcome Offer: 40,000 bonus miles

Interest Rate: 17.99% – 24.99% Variable

Annual Fee: $0 intro annual fee for the first year, then $95

Recommended credit level: Good

The United Explorer Card is our pick for the best airline rewards card. An airline credit card gives you additional rewards and perks for being a loyal flyer with their airline. In addition to 40,000 bonus miles as a welcome bonus (when you spend $2000 in the first 3 months), you’ll also get 2 United ClubSM one-time passes, first checked bag free, and front of the line boarding. You also get 25% back on in-flight purchases and no foreign transaction fees, and up to $100 Global Entry or TSA Precheck fee credit.

Rewards Earn Rate: 2x miles per $1 spent on United purchases. 1x miles per $1 spent on everything else.

Best For

Hotel Rewards

The World of Hyatt Credit Card

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on Hyatt’s website

Welcome Offer: 50,000 bonus points

Interest Rate: 17.49% – 24.49% Variable

Annual Fee: $95

Recommended credit level: Good

If you spend a lot of time in hotels, the World of Hyatt Credit Card is by far the best hotel rewards card on the market right now. With a total welcome bonus of 50,000 bonus points, you also get a free night’s stay at any of their category 1-4 hotels once per year (get an additional free night if you spend over $15,000/year with your card).

To put the rewards bonus into perspective, a free night starts at just 5000 points.

Rewards Earn Rate: An incredible 9x points when you spend at Hyatt hotels, restaurants, spas, restaurants. 2x points for airfare, taxis, mass transit, tolls and ride-share services. 2x points for restaurants, cafés and coffee shops, and fitness. 1x miles per $1 spent on everything else.