Travel Rewards Credit Cards



There are more variety of travel rewards credit cards than most other categories. While it is easy to recommend a low interest rate credit card (simply by looking at the apr), it is much more difficult to compare travel rewards credit cards. The reason is because not only do credit cards have different reward programs, but also different ways to earn points. Hence, we are going to list quite a few good travel reward credit cards below (treat it as a travel reward credit card comparison). Study and compare these cards, examine your spending and travel patterns and you should be able to find the right card for yourself.

Editor's Choice - Best Travel Rewards Credit Cards



Best Bang for the Buck - Spend just $5,000 and get a Free Airline Ticket


citi diamond preferred rewards card
What if there is a card that just requires $5,000 in spending to earn a free airline ticket around the US? Before we answer that, take note that most reward program requires 25,000 points or miles to redeem a round-trip, restricted economy ticket within the continental USA. With almost all credit cards allowing cardholders to earn one point for every dollar spent on the card, you would need to spend $25,000 on your credit card to get a free airline ticket.

Hence, needing only to $5,000 is a good deal. How is this possible? Well, the Citi� Diamond Preferred� Rewards Card allows you to earn 5 reward points for every dollar you spend at standalone supermarket, gas stations and drugstores. If you just spend between $450 to $500 a month on groceries and gas, you will be able to get your free airline ticket within a year! (you should take less than that if you charge all your purchases on the card as well). Furthermore, there is no annual fee for this card.

A NO ANNUAL FEE United Mileage Plus and Continental Airlines credit card?


chase flexible rewards
If you are a frequent flyer of United Airlines or Continental Airlines but do not want to pay the annual fees for these airline credit cards, then you would want to consider the Chase Flexible Rewards Visa. On the surface, it appears that is has a reward program like other credit cards, where you can exchange points for airline tickets, hotel stays, car rentals, gift certificates and shopping rewards. However, the Flexible Rewards program allows you to do much more. You can exchange points for United Mileage Plus Points. Furthermore, if you choose to redeem Continental Airline tickets, you will require less points than usual. For example, you only need 22,000 points (versus the normal 25,000 points) for a free airline ticket within the US. (Note : you will not find this on Chase website - but I personally have this card and the reward program - which I find to be very comprehensive).

No Blackout Dates, Use ANY travel agents (including online), get the best deal


bluesky
One of the drawbacks of a reward credit card with its own reward program is that they impose some restrictions when you use points to book your travel rewards. For example, some have blackout dates on airlines. Most require you to book your tickets 21 days in advance and some require a Saturday night stay!. You also cannot book flights with stopovers. Almost all credit card reward program requires that you book your tickets through an "in-house" travel agent (which is actually outsourced most of the time). If you are a last minute traveller or simply do not like these restrictions, then you will like the Blue Sky from American Express. With this card, you can use any travel agent (even internet agents) to book your travel arrangements and get the best deal. You then use your points to get a credit on your next statement at a rate of 7,500 points for $100 (ie more than 1%).

For those with multiple memberships in frequent flyer or frequent guest programs


american express rewards gold card
If you are truly a frequent traveller and have membership in a few frequent flyer and frequent guest programs, then the American Express Preferred Gold Rewards Card is probably the most suitable card for you. This is the original reward credit card that has been around since the 50s. It is a charge card with an annual fee of $150. However, unlike most other reward credit cards, you can earn unlimited points which do not expire. Membership Rewards has got 24 airline partners, which you can either transfer points to miles (one-for-one) or get certificates. Also, unlike most credit card reward programs that only have about 3 hotel partners, Membership Rewards has 15 hotel partners, where you can either transfer points to your hotel points, exchange points for a gift check, or exchange points for hotel stays. This is probably the most comprehensive travel reward card and program. If you are a high spender, you may just be invited to be either a platinum or centurion card member.

Earn 2% Cash Rebates on travel ?


bp visa rewards
What is a gas credit card doing in the travel reward credit cards section? Well, aside from paying 5% rebates for any purchases at BP Amoco gas stations, this card pays a 2% rebate for travel related and dining purchases. This is the only card we know that pays 2% rebates on travel purchases like airline tickets, hotels, car rentals etc. Because you are tied to any reward program, you can use your own travel agents and get the best deals. Even if you do not use BP for your gasoline, you might just want to get the Chase BP Rewards Visa® to earn rebates for your travel expenditure. This is a great travel reward credit card disguised as a gas credit card.




Travel Rewards Credit Cards Directory



Blue Sky® Credit Card
Intro APR 4.99% APR for life of balance transfers
APR Prime Rate plus 4.99%, 6.99% or 9.99%
Annual Fee No annual fee
Reward Formula 1 point for $1.00 spent on purchase
blue sky
Review

Blue from American Express®
Intro APR 3.99% APR for life of balance transfers
APR Prime Rate plus 3.99%, 5.99%, 8.99% or 10.99%
Annual Fee No annual fee
Reward Formula 1 point for $1.00 spent on purchase
Point Expiry Points do not expire
Caps on Points Earn unlimited Points
american express blue
Review


American Express® Rewards Gold Card
Signing Bonus 10,000 points
Reward Formula 1 point per $1 spent on purchases
Expiration Membership Rewards do not expire
Caps on Points Earn unlimited points
Annual Fees $150.00 - first year fee waived for both main and one additional cardholder
american express rewards gold card
Review

American Express® Rewards Green Card
Signing Bonus 5,000 points
Reward Formula 1 point per $1 spent on purchases
Expiration Membership Rewards do not expire
Caps on Points Earn unlimited points
Annual Fees $110.00 - first year fee is waived for both the main one additional cardholder
american express rewards green card
Review

AT&T; Universal Rewards Card
Intro APR 0% APR for 12 months on FIRST balance transfer (from date of transfer) if transfered within 12 months
Annual Fees No annual fee
APR Libor plus 8.49%
Reward Formula Earn 5 point for every $1 spent on "Everyday" purchases and AT&T; products
Earn 1 point for every dollar spent on other purchases
Caps on Points 75,000 points
Point Expiry 5 years
att universal rewards card


Citi® Diamond Preferred Rewards® Card
Intro APR 0% APR for 12 months (balance transfer).
Balance transfer can be done within 12 months and 0% will apply from date of transfer
APR Prime Rate plus 4.99%
Annual Fees No annual fee
Reward Formula 5 points for every $1 spent at supermarkets, drug stores and gas stations
1 point per $1 spent on other purchases
Points Expiry 31st December of 5th calender year
Caps on Points 75,000 points per calender year
citi diamond preferred rewards card
Review

Citi® PremierPass Card
Intro APR 0% APR for 12 months (balance transfer).
Balance transfer can be done within 12 months and 0% will apply from date of transfer
APR Prime Rate plus 5.99%
Annual Fees No annual fee
Signing Bonus 5000 points
Reward Formula 1 point per $1 spent on purchases
In addition earn 1 flight point for every 3 miles flown
Points Expiry Do not expire if account is active within 3 years
Caps on Points 100,000 points per calender year (includes both regular and flight points
Only 50,000 may come from flight points
citi premierpass card
Review

Citi® PremierPass Elite Card
Intro APR 0% APR for 12 months (balance transfer).
Balance transfer can be done within 12 months and 0% will apply from date of transfer
APR Prime Rate plus 5.99%
Annual Fees $75.00
Signing Bonus 15,000 points
Reward Formula 2 points per $1 spent on supermarkets, drugstores, gas stations, commuter transportaion and parking merchants
1 point per $1 spent on other purchases
In addtion earn 1 flight point for every miles flown
Point Expiry Do not expire if account is active within 3 years
Caps on Points 200,000 points per calender year (includes both regular and flight points
Only 100,000 may come from flight points
citi premierpass elite card
Review

Discover Miles Card
Intro APR 0% APR on balance transfers for 10 months
APR Prime Rate plus 3.99% and 10.99%
Annual Fees No annual Fee
Signing Bonus 5000 miles after first purchase
Reward Formula 1 mile per $1 spent on purchases
Point Expiry Miles do not expire if account is active within 36 months
Caps on Points Earn up to 60,000 miles
discover miles card
Review




Chase Flexible Rewards Platinum Visa®
APR Prime Rate plus 5.99%, 9.99% or 14.99%
Annual Fees No annual Fee
Reward Formula 1 mile per $1 spent on purchases
Caps on Points Earn up to 60,000 points
Up to 5,000 points a month
chase flexible rewards


HSBC Cash Back or Fly Rewards
Intro APR 0% APR on balance transfers for 12 months
APR Prime Rate plus 3.74%, 7.74% or 10.74%
Annual Fees No annual Fee
Reward Formula 1 mile per $1 spent on purchases
Redeem or either cash rebates or airline tickets
Caps on Points Earn unlimited points
hsbc fly
Review





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