Traveling around the world, or at least within the country, is something that millions of people want to do every single year. However, if you are like many of them, you wonder how you could possibly afford to do the travel you want to do! What you need is one of the best credit cards for travel.
Thankfully, there are a few best credit cards for travel. Some of the best credit cards 2020 are considered the best credit cards for international travel, while others are the best credit cards for travel rewards. What’s even better is many of them are considered to be the best travel rewards credit cards, and the best credit cards for travel insurance. That means you should definitely take advantage of them if you want to travel more often than not.
10 Best Credit Cards for Travel in 2020
Chase Sapphire Preferred
Chase Sapphire Preferred has long been one of the top options when it comes to the best credit cards for travel. Therefore, it should not be surprising that it is at the top of the best credit cards 2020 list! The low annual fee, which is currently $95, gives you the most bang for your buck.
As soon as you spend $4,000 within your first three months of having this credit card, you will receive 60,000 points. Those points are worth $750 when it comes to travel. What’s even better is you will receive two times the points when you are paying for travel, as well as restaurant purchases all around the world. You will never pay any foreign transaction fees either. This is also one of the best credit cards for travel insurance, because it will always cover baggage delays, rental cars, and any delays you encounter on your trip.
When you go to redeem those travel rewards, you will find that your points are worth more, by twenty-five percent, when you use the Chase Ultimate Rewards portal. However, you can also choose to use them with numerous hotel and airline points programs. There are never any blackout dates, because Chase offers multiple ways to avoid those dates and allows you to book travel whenever you want.
Chase Sapphire Reserve
You never know what may happen when you are traveling, and it is always better to be prepared by having travel insurance. If you do not want to deal with purchasing travel insurance whenever you are traveling or want an all-in-one package with your travel credit card, then Chase Sapphire Reserve is the card for you. This is truly the best of the best travel cards for travel insurance, because it offers medical and dental coverage, as well as insurance for lost luggage, car rental, and trip delays and cancellations.
There is a hefty annual fee, currently $550, for this travel credit card, but that is cheaper than what you would pay for most travel insurance plans with this type of coverage. You also receive a $300 travel credit annually, which covers much of that annual fee. Once you have met the $4,000 spending minimum within the first three months on this best credit card for travel rewards, you will receive a bonus of 50,000 reward points. These points are worth $750 of travel.
As you are traveling and dining around the world, you will receive three times the points for your purchases. Imagine paying no foreign transaction fees and having free access to more than one thousand airport lounges as well!
While you can use your points with other airline and hotel points programs, you are better off going through the Chase portal. The reason for this is your points are worth fifty percent more when you choose to book your travel through the portal.
Here’s a related post you may like that will allow you to get the most out of travel:
Capital One Venture Rewards Credit Card
When it comes to best credit cards 2020, the Capital One Venture Rewards credit card comes in near the top. When you apply for this best travel rewards credit card, you will not be responsible for paying an annual fee for the first year. However, every year after that, there is an annual fee that is currently $95.
You must use your card by charging at least $3,000 within the first three months to receive the 50,000 bonus miles. Those miles are worth $500 and can be redeemed for any hotel stay or flight. There are never any blackout dates involved when you utilize the Capital One Venture Rewards credit card.
Other advantages to this travel rewards credit card include no foreign transaction fees, travel accident and car rental insurance, and a $100 credit towards a TSA Pre Check or Global Entry application fee.
The Marriott Bonvoy Boundless Visa
If you happen to be hotel loyal, you may want to consider the Marriott Bonvoy Boundless Visa as one of your best credit cards for travel. There is currently a $95 annual fee for this travel rewards credit card, but it will give you access to free stays at more than seven thousand Marriott properties around the world. That access makes this one of the best credit cards for international travel.
When you charge $3,000 on your Marriott Bonvoy Boundless Visa in your first three months, you will receive 75,000 bonus points. Those points are enough for three qualified hotel stays with Marriott. While you will earn two times the points on everything you purchase with this card, all eligible Marriott Bonvoy purchases are calculated at six times the points.
What is truly amazing about this best travel rewards credit card is you are automatically given a free night stay award every single year. The value of that is enough to cover the annual fee you pay for one of the best credit cards 2020.
Bank of America Travel Rewards Visa
When it comes to best credit cards for international travel, as well as best travel rewards credit cards with no annual fee, the Bank of America Travel Rewards Visa should be at the top of your list. A charge of at least $1,000 within the first three months will earn you 25,000 bonus points. Those points are then given as a $250 statement credit for travel charges.
This card can be used to book travel on every website and there are never any blackout dates. You will always earn one and a half points per dollar you spend on all purchases. However, you will also get three points per dollar when you utilize the Bank of America Travel Center. If you happen to use Bank of America for your banking needs, and meet their requirements for the Preferred Rewards program, you can earn bonus reward points for all your purchases.
All your points can be redeemed as statement credits for charges that include hotels, flights, cruises, vacation packages, baggage fees, and rental cars.
The Platinum Card from American Express
Do you enjoy the little luxuries that are available to frequent fliers like yourself? If you answered yes to this question, you may want to consider the Platinum Card from American Express when you are looking for one of the best credit cards for travel. There is an annual fee of $550 for this travel rewards credit card, but the benefits and bonuses completely make up for that fee every year.
Currently, you can earn 60,000 bonus points when you charge $5,000 on your card within the first three months. Those points are worth $1,200. You will find it is easy to accumulate points with this travel rewards credit card, because you will get five times the points on all airfare and prepaid hotels that are booked through American Express. All the rest of your spending will earn you one point per dollar.
There are many luxurious benefits of using this card and they include $200 in airline fee credits, $200 in Uber credits, a $100 Saks Fifth Avenue credit, and a $100 credit for a TSA Pre Check or Global Entry application. In addition to all that, you will also receive lounge access in thousands of airports around the world, automatic elite status with Hilton and Marriott hotels, and memberships with car rental companies like Hertz, Avis, and National Car Rental.
Delta SkyMiles Platinum American Express Card
One of the best credit cards 2020 for airline rewards is the Delta SkyMiles Platinum American Express Card. Currently, there is a $250 annual fee for this travel rewards credit card, but it comes with a new and revamped reward travel card. You can earn a total of 100,000 bonus miles when you use this card, but they won’t be given to you all at once. Instead, the first 80,000 bonus points will be available after you spend $3,000 in the first three months. Then, on your one-year anniversary, you will receive an additional 20,000 bonus points.
While you will only earn one point per dollar on most purchases, that amount is higher for a few things. All restaurant purchases will earn you two times the points, while Delta purchases and all hotel stays will be three times the points.
Extra benefits you will see with this best travel rewards credit card include a $100 credit for a TSA Pre Check or Global Entry application, free checked bag, priority boarding, an annual companion certificate, and the opportunity to earn Medallion status faster. Basically, if you always fly Delta, this is the best credit card 2020 for your travel needs.
Capital One VentureOne Rewards Credit Card
When you are looking for the best credit cards for travel insurance with excellent travel rewards and no annual fee, one of the obvious choices is the Capital One VentureOne Rewards credit card. Despite the zero-annual fee, you will receive 20,000 bonus miles when you spend $1,000 within the first three months.
In addition to the one and a quarter miles you will receive with every purchase, you will also get travel accident insurance, reimbursement for lost luggage, and extended warranties. This is the perfect card if you are just starting out with travel, because you can either request to use your points as a statement credit or use them with any of the Capital One airline and hotel transfer partners. Once you have outgrown this credit card, you can always upgrade to another Capital One travel rewards card in the future.
The Chase Ink Business Preferred
Business owners will enjoy the perks available with this best credit card 2020 for businesses. There is an annual fee of $95, but the amount of points you can earn every year will far outweigh that initial cost. Once you have spent $5,000 within the first three months of using this card, you will receive 80,000 bonus points.
The points you earn will accumulate quickly, especially since you earn three times the points on the first $150,000 you spend on internet, cable, phone, shipping, advertising, and travel. This is also one of the best credit cards for travel insurance, because you receive primary rental car insurance and trip delay or cancellation insurance.
Your points will be worth twenty-five percent more when you redeem them through the Chase Portal or use them to transfer to one of the many Chase partners. The best part of this travel rewards credit card is you have access to the Ultimate Rewards program through Chase.
Hilton Honors American Express Surpass
There are a few different rewards credit cards for hotel chains, but not all of them can claim to be one of the best credit cards for travel rewards. The Hilton Honors American Express Surpass is one of those few, despite its current $95 annual fee. Once you make $2,000 in purchases within the first three months, you will be given 125,000 bonus points.
Earning more points is easy since you earn twelve times the points on eligible Hilton purchases, six times the points at restaurants, gas stations, and grocery stores within the United States, and three times the points on every other purchase you make. As soon as you have accumulated $15,000 worth of purchases in a year, you will automatically have Hilton Gold elite status and receive a free weekend night stay.
This is an excellent travel rewards credit card for those who utilize the Hilton hotel chain the most during their travels
These are the ten best credit cards for travel, and you must have at least one of them if you want to make all your travel dreams come true. While you definitely do not need to have all these best credit cards 2020, you will want to choose the best travel rewards credit card for your personal needs. Whether that is the best credit cards for international travel, the best credit cards for travel rewards, or the best credit cards for travel insurance, only you will know. The only thing I know is that your best credit cards for travel are on this list.