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How do travel rewards credit cards work?
By: Paddy Mansfield | Best Business Ratings (BBR) 03/01/2024
Travel rewards credit cards are a great way to earn points or miles that can be redeemed for free flights, hotel stays, and other travel perks. With so many options available, it can be overwhelming to choose the right one for you. Here are five popular travel rewards credit cards that are worth considering:
The Chase Sapphire Preferred card is a favorite among frequent travelers for its generous sign-up bonus and flexible redemption options. Cardholders earn 2x points on travel and dining purchases and can transfer points to a variety of airline and hotel partners.
The American Express Platinum card offers a slew of travel benefits, including airport lounge access, airline fee credits, and elite status with select hotel chains. Cardholders earn 5x points on flights booked directly with airlines and hotels booked through Amex Travel.
The Capital One Venture card is a great option for those who prefer simplicity and flexibility. Cardholders earn 2x miles on all purchases, and miles can be redeemed for any travel expenses at a rate of 1 cent per mile.
If you're a frequent flyer with Southwest Airlines, the Rapid Rewards Priority card is a must-have. Cardholders earn 2x points on Southwest purchases, along with a variety of travel perks like annual travel credits and upgraded boarding privileges.
The Citi Prestige card is known for its luxury perks, including complimentary hotel nights, airport lounge access, and a $250 travel credit. Cardholders earn 5x points on air travel and restaurants, making it a great choice for foodies and frequent flyers.
When choosing a travel rewards credit card, consider factors like annual fees, sign-up bonuses, earning rates, and redemption options to find the card that best fits your travel habits and preferences. Happy travels!