Difference between revisions of "Best credit cards for travel spending"

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{{DISPLAYTITLE:{{Title|travel spending}} (2018)}}
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{{DISPLAYTITLE:{{Title|travel spending}} (2021)}}
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{{#seo:|description=Our recommendations and a ranked list of all the credit cards that offer the best reward rates for the airfare and travel bonus category.}}
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{{seo|description=Our recommendations and a ranked list of all the credit cards that offer the best reward rates for the airfare and travel bonus category.}}
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{{Page|article|Card Strategies}}  
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{{Page|article|Earn Points|Category Bonuses}}  
  
 
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{{Main|article}}
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=== Card suggestions ===
+
=== Card suggestions (for most people) ===
  
−
Most people are going to want at least one premium credit card (like the Chase Sapphire Reserve, Citi Prestige, or Amex Platinum card), in order to get free access to airport lounges and other valuable benefits. And most of these premium cards also offer great bonus reward rates on travel purchases, as well as free travel insurance when you use the card to pay for your tickets. {{Link|premium cards}}
+
Most people are going to want at least one premium credit card (like the Chase Sapphire Reserve or Amex Platinum Card), so that they can get free access to airport lounges and other valuable benefits. And most of these premium cards also offer great reward rates on travel purchases. A few of them also provide free travel insurance when you use them to pay for your tickets. {{Link|premium cards}}
−
 
 
−
<blockquote>
 
−
Whichever premium card you get, is likely to be your best option for travel spending, even if you are primarily getting the card just to earn its signup bonus.
 
−
</blockquote>
 
  
 
{{List|card}}
 
{{List|card}}
 +
{{CardItem|SapphireReserve}}
 +
'''The simplest option is to stick with the Sapphire Reserve Card or Ink Preferred Card'''. They earn 3x Ultimate Rewards points, valued at {{Value|UR|3}} cents per dollar, on every type of travel purchase, including ground transportation and cruises; and provide the best travel insurance available from any credit card (the Sapphire Reserve is slightly better).
  
−
{{CardItem|PlatinumCard}}
+
If you buy through the Chase website, you can earn 5x Ultimate Rewards points, valued at {{Value|UR|5}} cents per dollar, on airfare; and 10x on hotels and car rentals. But hotel purchases through Chase won't qualify for the hotel's own loyalty program and you will often be able to find better rates on hotels and car rentals on other sites.
−
'''The Amex Platinum card has the highest reward rate on airfare purchases—but you might not want to use it to purchase your tickets'''. It earns 5x Membership Reward points, valued at {{Value|mr|5}} cents per dollar, on flights booked through Amex Travel. That’s at least 3 cents per dollar more than any other option.  
 
  
−
But, unlike other premium credit cards, Amex doesn’t provide free travel insurance. If you have both this card, and one of the cards that comes with travel insurance, you need to decide whether you’d rather have the extra rewards ($15 on a $500 ticket), or the travel insurance benefits you get from the other card (described in more detail below).  
+
After adjusting for its $300 travel credit and $60 DoorDash credit, the effective annual fee is $130-250. Its not a bad idea to stick to this card for your travel and restaurant purchases. But if you spend a lot of money on airfare and restaurants or decide on a different approach than the Chase Unlimited combo for your everyday spending, you might be better off using one of the other cards for your travel spending.  
  
−
For most trips, we choose the extra points; but if we think that there is a higher than normal chance of needing the insurance, we opt for a different card. If the tickets are particularly inexpensive, the value of the extra rewards are low, and the travel insurance benefits (from the other cards) are relatively more valuable. Of course, if you don't have another card that provides good bonus rewards, as well as travel insurance benefits, the Platinum card is clearly the best option.
+
{{CardItem|PlatinumCard}}  
−
 
+
'''The Amex Platinum Card earns the most valuable rewards on airfare'''. It earns 5x Membership Rewards points, valued at {{Value|mr|5}} cents per dollar, on flights booked directly with the airline or through Amex Travel and offers travel insurance (but not baggage delay insurance). Also, you only get travel insurance if you book a round-trip itinerary (but you can pay independently for each of the different segments).  
−
The Platinum Card also provides 5x Membership Reward points for pre-paid hotel bookings bought through Amex Travel. But, when you book this way, you won’t get any credit or benefits with the hotel’s loyalty program, and you often won’t get the best room rates. So, this is only a good option when you are staying at a non-chain hotel, the rates are pre-paid (but possibly cancellable), and Amex’s prices happen to be good.
 
−
 
 
−
{{CardItem|SapphireReserve}}
 
−
'''Most people should get the Chase Sapphire Reserve (or Ink Preferred) card, even if it is just for the bonus reward rates'''.  Both cards earn 3x Ultimate Reward points, valued at {{Value|UR|3}} cents per dollar, on every type of travel purchase, including ground transportation and cruises; and provide some of the best travel insurance available from any credit card. The Sapphire Reserve card also offers the highest possible reward rate on restaurant spending. The Ink Preferred is a business card, and offers additional bonus rewards on some business categories.  
 
  
−
{{CardItem|Propel}}
+
For most people, the effective annual fee on the Platinum Card is too high to justify the card just for the airfare rewards and other benefits. But if you are collecting signup bonuses or highly value some of the Platinum Card's benefits, you could easily wind up having one of the several different varieties, at least for a year at a time. If so, you should probably use it to earn extra points on your airfare purchases. Just be sure you are comfortable using the resulting Membership Rewards points for booking frequent flyer tickets.  
−
'''If you can deal with some extra complexity, the Wells Fargo "Combo" is your next best option, after the Sapphire Reserve'''. It earns 4.5% on travel, and without any annual fees. The trick is that you need to have two different Wells Fargo cards. And because you can only get one Wells Fargo card every 15 months, it will take some time to put this plan into action. The Wells Fargo Propel card earns 3x points on Travel (and Restaurants, Gas, and Streaming Services). Normally these points are only worth 1 cent each. But, if you also have the Wells Fargo Visa Signature card, you can redeem points at 1.5 cents each, for airfare purchases through the Wells Fargo portal. That works out to 4.5 cents per dollar, which is better than any card except the Sapphire Reserve.
 
  
−
{{CardItem|CitiPrestige}}
+
The Platinum Card also provides 5x Membership Rewards points for prepaid hotel bookings bought through Amex Travel. But, when you book this way, you won’t get any credit or benefits with the hotel’s loyalty program and you are unlikely to get the best room rates. So, this is only a good option when you are staying at a non-chain hotel, the rates are prepaid (but possibly cancellable), and Amex’s prices happen to be good.  
−
'''If you can’t get the Chase Sapphire Card, want to use your points on frequent flyer tickets, spend a significant amount of money on travel and entertainment, you should probably use the Citi Prestige card'''. It earns 3x ThankYou points, valued at {{Value|TY|3}} cents per dollar, on airfare and hotels; and provides the best travel insurance available from any credit card.  The Citi Premier has similar benefits, but we think it is almost always worth paying what amounts to an extra $100 per year for the Prestige’s 4<sup>th</sup> night free access, lounge benefits, and better travel protection benefits.
 
−
 
 
−
{{CardItem|Amtrak}}
 
−
'''If you frequently travel on Amtrak, the Amtrak World card offer perhaps the best rewards on travel spending'''. It earns 2x Amtrak points on all travel purchases, which can then be redeemed for {{Value|Amtrak|2}} cents on Amtrak travel. Points are extremely easy to redeem, and people who travel on Amtrak frequently enough to use up all the points they earn, are likely to prefer 2x Amtrak points to 3x ThankYou points, or even 3x Ultimate Reward points.  
 
  
 
{{CardItem|Altitude}}
 
{{CardItem|Altitude}}
−
'''The U.S. Bank Altitude Reserve card can be your best option if you don’t want to mess around with frequent flyer points, or you don’t travel enough to warrant getting a more expensive card'''. It earns 4.5 cents per dollar on all travel purchases (as well as on anything bought with a mobile wallet).  There are a few no-annual-fee credit cards that offer good bonus rewards on travel, but for most people, thelimited lounge access, and other benefits you’ll get from the Altitude Reserve, make it worth paying what amounts to $75 per year.
+
'''The U.S. Bank Altitude Reserve Card can be your best option if you don’t want to mess around with frequent flyer points or you don’t travel enough to warrant getting a more expensive card'''. It earns 4.5 cents per dollar on all travel purchases (as well as on anything bought with a mobile wallet).  There are a few no-annual-fee credit cards that offer good bonus rewards on travel, but for most people, the limited lounge access and other benefits you’ll get from the Altitude Reserve, make it worth paying what amounts to $75 per year. For people who can't get the Sapphire Reserve, the Altitude Reserve provides the highest reward rate of any card that includes extensive travel insurance benefits.  
  
−
{{CardItem|synovus}}
+
{{/List|card}}
−
'''The Synovus Travel Rewards card is another good option (if you live in the Southeast)'''. It earns 5x points, valued at 6 cents per dollar, on your first $5,000/year of travel purchases, and 3x points, valued at 3.6 cents per dollar, on one other category of your choice.  $50 annual fee. To get this card, you’ll need to have an account with one of Synovus banks in the Southeast US.
 
  
−
{{CardItem|Uber}}
+
=== Recommended cards (other options) ===
−
'''If you don't spend very much on travel, and don't want to mess around with the Wells Fargo combo, you may just want to get the Uber card'''. It earns 3% on travel purchases, which is less than most of the other options.
 
  
 +
{{List|Card}}
 +
{{CardItem|Amtrak}}
 +
'''If you frequently travel on Amtrak, the Amtrak World Card offer perhaps the best rewards on travel spending'''. It earns 2x Amtrak points on all travel purchases, which can then be redeemed for {{Value|Amtrak|2}} cents on Amtrak travel. Points are extremely easy to redeem.
 
{{/List|card}}
 
{{/List|card}}
  
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!style="width: .5in;"|Value
 
!style="width: .5in;"|Value
 
!style="width: .5in;"|Earns
 
!style="width: .5in;"|Earns
−
!style="width: .75in;"|Included Purchases
+
!Included Purchases
 
!style="width: .5in;"|Includes Insurance
 
!style="width: .5in;"|Includes Insurance
 
!style="width: .5in;"|Annual Cost
 
!style="width: .5in;"|Annual Cost
 +
|-
 +
|{{c|5}}{{Card|SapphireReserve|short}}
 +
|-
 +
|{{Value|UR|10}}%
 +
 +
{{Value|UR|5}}%
 +
 +
{{Value|UR|3}}%
 +
|10x UR
 +
 +
5x UR
 +
 +
3x UR
 +
|style="text-align: left;"|Hotels/Cars through Chase
 +
 +
Airfare through Chase
 +
 +
All other travel
 +
|Yes
 +
|$190-250
 +
|-
 +
|{{c|5}}{{Card|InkPreferred|short}} (Business card) plus Freedom Unlimited or Flex Card
 +
|-
 +
|{{Value|UR|5}}%
 +
 +
{{Value|UR|3}}%
 +
|5x UR
 +
 +
3x UR
 +
|style="text-align: left;"|Travel through Chase
 +
 +
All other travel
 +
|Yes
 +
|$95
 +
|-
 +
|{{c|5}}{{Card|SapphirePreferred|short}}
 +
|-
 +
|{{Value|UR|5}}%
 +
 +
{{Value|UR|2}}%
 +
|5x UR
 +
 +
2x UR
 +
|style="text-align: left;"|Travel through Chase
 +
 +
All other travel
 +
|Yes
 +
|$45-95
 +
|-
 +
|{{c|5}}{{Card|Fairwinds|only}}
 +
|-
 +
|7.5%
 +
|5x Points
 +
|style="text-align: left;"|All travel
 +
|<nowiki>Yes</nowiki>
 +
|$249
 +
|-
 +
|{{c|5}}{{Card|Altitude|short}}
 +
|-
 +
|7.5%
 +
|5x
 +
|style="text-align: left;"|Prepaid hotels & rentals booked through US Bank
 +
|Yes
 +
|$75
 
|-
 
|-
 
|{{c|5}}{{Card|PlatinumCard|only}}
 
|{{c|5}}{{Card|PlatinumCard|only}}
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|5x MR
 
|5x MR
 
|style="text-align: left;"|Airfare and prepaid hotels booked through Amex
 
|style="text-align: left;"|Airfare and prepaid hotels booked through Amex
 +
|<nowiki>Yes</nowiki>
 +
|$250
 +
|-
 +
|{{c|5}}{{Card|GoldBiz|short}} (if one of your two categories)
 +
|-
 +
|{{Value|MR|4}}%
 +
|4x MR
 +
|style="text-align: left;"|Airfare
 
|<nowiki>-</nowiki>
 
|<nowiki>-</nowiki>
−
|$350
+
|$295
 
|-
 
|-
 
|{{c|5}}{{Card|Synovus|short}}*
 
|{{c|5}}{{Card|Synovus|short}}*
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|$79
 
|$79
 
|-
 
|-
−
|{{c|5}}{{Card|SapphireReserve|short}}
+
|{{c|5}}[//cards.barclaycardus.com/cards/priceline-rewards-visa-card.html Priceline Rewards Card]
−
|-
 
−
|{{Value|UR|3}}%
 
−
|3x UR
 
−
|style="text-align: left;"|All travel
 
−
|Yes
 
−
|$150
 
−
|-
 
−
|{{c|5}}{{Card|InkPreferred|short}} (Business card)
 
−
|-
 
−
|{{Value|UR|3}}%
 
−
|3x UR
 
−
|style="text-align: left;"|All travel
 
−
|Yes
 
−
|$95
 
−
|-
 
−
|{{c|5}}[//cards.barclaycardus.com/cards/priceline-rewards-visa-card.html Priceline Rewards card]
 
 
|-
 
|-
 
|5%
 
|5%
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|$0
 
|$0
 
|-
 
|-
−
|{{c|5}}{{Card|Propel|only}} (with Wells Fargo Visa Signature)
+
|{{c|5}}{{Card|Altitude|short}}
 
|-
 
|-
 
|4.5%
 
|4.5%
−
|3x GoFar
+
|3x  
−
|style="text-align: left;"|Flights, hotels, car rentals, transit, homestays
+
|style="text-align: left;"|All travel
 +
|Yes
 +
|$75
 +
|-
 +
|{{c|5}}{{Card|GreenCard|short}}
 +
|-
 +
|{{Value|MR|3}}%
 +
|3x MR
 +
|style="text-align: left;"|All Travel
 
|<nowiki>-</nowiki>
 
|<nowiki>-</nowiki>
−
|$0
+
|$150
 
|-
 
|-
 
|{{c|5}}{{Card|PremierRewards|short}}
 
|{{c|5}}{{Card|PremierRewards|short}}
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|style="text-align: left;"|Airfare
 
|style="text-align: left;"|Airfare
 
|<nowiki>-</nowiki>
 
|<nowiki>-</nowiki>
−
|$95-195
+
|$30-250
−
|-
 
−
|{{c|5}}{{Card|Altitude|short}}
 
−
|-
 
−
|4.5%
 
−
|3x
 
−
|style="text-align: left;"|All travel
 
−
|Yes
 
−
|$75
 
−
|-
 
−
|{{c|5}}{{Card|CitiPrestige|short}}
 
−
|-
 
−
|{{Value|TY|3}}%
 
−
|3x TY
 
−
|style="text-align: left;"|Airfare and hotels
 
−
|Yes
 
−
|$200†
 
 
|-
 
|-
 
|{{c|5}}{{Card|CitiPremier|short}}
 
|{{c|5}}{{Card|CitiPremier|short}}
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|3x TY
 
|3x TY
 
|style="text-align: left;"|Airfare and hotels
 
|style="text-align: left;"|Airfare and hotels
−
|Yes
+
|<nowiki>-</nowiki>
 
|$95
 
|$95
 
|-
 
|-
 
|{{c|5}}{{Card|BOAPremium|short}} / {{Card|BOATravel|short}}
 
|{{c|5}}{{Card|BOAPremium|short}} / {{Card|BOATravel|short}}
 
|-
 
|-
−
|2-4.125%
+
|2-4.1%
−
|2-4.125x#
+
|2-4.1x#
 
|style="text-align: left;"|All travel
 
|style="text-align: left;"|All travel
 
|Yes
 
|Yes
 
|$45
 
|$45
 +
|-
 +
|{{c|5}}{{Card|AltitudeConnect|only}}
 +
|-
 +
|4%
 +
|4x
 +
|style="text-align: left;"|All travel
 +
|<nowiki>-</nowiki>
 +
|$95
 +
|-
 +
|{{c|5}}{{Card|Propel|only}} (with Wells Fargo Visa Signature) - Discontinued
 +
|-
 +
|3.9%
 +
|3x GoFar
 +
|style="text-align: left;"|Flights, hotels, car rentals, transit, homestays
 +
|<nowiki>-</nowiki>
 +
|$0
 
|-
 
|-
 
|{{c|5}}{{Card|EverydayPreferred|short}} (with 30 transaction bonus)
 
|{{c|5}}{{Card|EverydayPreferred|short}} (with 30 transaction bonus)
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|<nowiki>-</nowiki>
 
|<nowiki>-</nowiki>
 
|$95
 
|$95
−
|-
 
−
|{{c|5}}{{Card|CrystalInfinite|short}}
 
−
|-
 
−
|3.6%
 
−
|3x
 
−
|style="text-align: left;"|Most Travel
 
−
|Yes
 
−
|$150
 
 
|-
 
|-
 
|{{c|5}}{{Card|PenFedTravel|short}} (for account holders)
 
|{{c|5}}{{Card|PenFedTravel|short}} (for account holders)
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|<nowiki>-</nowiki>
 
|<nowiki>-</nowiki>
 
|$0
 
|$0
−
|-
 
−
|{{c|5}}{{Card|SapphirePreferred|short}}
 
−
|-
 
−
|{{Value|UR|2}}%
 
−
|2x UR
 
−
|style="text-align: left;"|All travel
 
−
|Yes
 
−
|$95
 
 
|-
 
|-
 
|{{c|5}}{{Card|Hyatt|short}}
 
|{{c|5}}{{Card|Hyatt|short}}
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|<nowiki>-</nowiki>
 
|<nowiki>-</nowiki>
 
|$0
 
|$0
 +
|-
 +
|{{c|5}}{{Card|CrystalInfinite|short}}
 +
|-
 +
|3.3%
 +
|3x
 +
|style="text-align: left;"|Most Travel
 +
|Yes
 +
|$150
 
|-
 
|-
 
|{{c|5}}{{Card|MorganStanley|short}}‡ (for Morgan Stanley customers only)
 
|{{c|5}}{{Card|MorganStanley|short}}‡ (for Morgan Stanley customers only)
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|2x MR
 
|2x MR
 
|style="text-align: left;"|Airfare and car rentals
 
|style="text-align: left;"|Airfare and car rentals
−
|<nowiki>-</nowiki>
 
−
|$0
 
−
|-
 
−
|{{c|5}}{{Card|Uber|short}}
 
−
|-
 
−
|3%
 
−
|3%
 
−
|style="text-align: left;"|Airfare, hotels, and vacation home rentals
 
 
|<nowiki>-</nowiki>
 
|<nowiki>-</nowiki>
 
|$0
 
|$0
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|3%
 
|3%
 
|style="text-align: left;"|All travel
 
|style="text-align: left;"|All travel
−
|Yes/-
+
|<nowiki>-/-</nowiki>
 
|$0
 
|$0
 
|-
 
|-
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<div style="margin-left: 10%; margin-right: 10%;">
 
<div style="margin-left: 10%; margin-right: 10%;">
−
<nowiki>*</nowiki> The Synovus card is only available to people that live within their territory in the Southeast.
+
<nowiki>*</nowiki> The Synovus Card is only available to people that live within their territory in the Southeast.
−
 
 
−
<nowiki>†</nowiki> Citigold and Citi Priority customers save an extra $100 on the annual-fee.
 
  
 
<nowiki>‡</nowiki> This card has a foreign transaction fees of 3%, making it a bad choice for booking foreign hotels and sometimes airfares.
 
<nowiki>‡</nowiki> This card has a foreign transaction fees of 3%, making it a bad choice for booking foreign hotels and sometimes airfares.
  
−
<nowiki>#</nowiki> Cardholders with more than $20,000 in combined balances at BOA / Merrill Lynch earn bonus rewards, maxing out at 3.5 points on travel purchases with the Premium card, and 2.625 points with the Travel Rewards card. But, with both cards you'll earn a base rate of 3 points on purchases made through BOA's travel booking site. With the relationship bonus, this can be boosted as high as 4.125%.
+
<nowiki>#</nowiki> Cardholders with more than $20,000 in combined balances at BOA / Merrill Lynch earn bonus rewards, maxing out at 3.5 points on travel purchases with the Premium Card, and 2.625 points with the Travel Rewards card. But, with both cards you'll earn a base rate of 3 points on purchases made through BOA's travel booking site. With the relationship bonus, this can be boosted as high as 4.125%.
 
</div>
 
</div>
  
 
=== Free travel insurance when you use your card ===
 
=== Free travel insurance when you use your card ===
−
Many premium credit cards provide free travel insurance benefits when you use them to purchase travel. But, American Express lags in this category. While Amex provides some coverage for accidents and lost baggage, they don’t provide any free trip cancellation or delay coverage.
 
  
−
{{Table|label|3in}}
+
Several premium credit cards offer good reward rates on travel purchases and provide free travel insurance benefits when you use them to purchase travel. The Citibank cards used to have the best travel insurance benefits of any card, but as of September 2019, no longer provide this coverage.
−
!syle="width: 17%"|Chase Premium ($450 AF)
+
 
−
!syle="width: 17%"|Citi Premium ($450 AF)
+
{{Table|label|4in}}
−
!syle="width: 17%;"|Other Chase
+
!style="width: 20%;"|Chase Premium
−
!syle="width: 17%;"|Other Citibank
+
!style="width: 20%;"|Other Chase
−
!syle="width: 17%;"|BOA Premium Rewards
+
!style="width: 20%;"|Amex Premium
−
!syle="width: 17%;"|Altitude Reserve
+
!style="width: 20%;"|BOA Premium Rewards
 +
!style="width: 20%;"|Altitude Reserve
 
|-
 
|-
−
|{{c|6}}Covers award flights
+
|{{c|5}}Covers award flights
 
|-
 
|-
 
|Yes
 
|Yes
−
|Partial*
 
 
|Yes
 
|Yes
−
|Partial*
+
|Yes
 
|
 
|
 
|
 
|
 
|-
 
|-
−
|{{c|6}}Trip Cancellation & Interruption
+
|{{c|5}}Trip Cancellation & Interruption
 
|-
 
|-
 
|$10,000
 
|$10,000
−
|$5,000
 
 
|$5,000 <br/>($10,000 Sapphire Preferred)
 
|$5,000 <br/>($10,000 Sapphire Preferred)
−
|$5,000
+
|$10,000
 
|$5,000
 
|$5,000
 
|$5,000
 
|$5,000
 
|-
 
|-
−
|{{c|6}}Trip Delay (max. amount)
+
|{{c|5}}Trip Delay (max. amount)
 
|-
 
|-
 
|$500  
 
|$500  
−
|$500
 
 
|$500
 
|$500
 
|$500
 
|$500
Line 301: Line 333:
 
|$500
 
|$500
 
|-
 
|-
−
|{{c|6}}Trip Delay (min. hours)
+
|{{c|5}}Trip Delay (min. hours)
 
|-
 
|-
 
|6 hours
 
|6 hours
−
|6 hours (after 7/28/18)
 
−
|12 hours
 
 
|12 hours
 
|12 hours
 +
|6 hours
 
|12 hours
 
|12 hours
 
|6 hours
 
|6 hours
 
|-
 
|-
−
|{{c|6}}Baggage Delay (max. amount)
+
|{{c|5}}Baggage Delay (max. amount)
 
|-
 
|-
 
|$500 <br/>($100/day)
 
|$500 <br/>($100/day)
 
|$500 <br/>($100/day)
 
|$500 <br/>($100/day)
−
|$500 <br/>($100/day)
+
|
−
|$100
 
 
|$500 <br/>($100/day)
 
|$500 <br/>($100/day)
 
|
 
|
 
|-
 
|-
−
|{{c|6}}Baggage Delay (min. hours)
+
|{{c|5}}Baggage Delay (min. hours)
 
|-
 
|-
−
|6 hours
 
−
|6 hours (after 7/28/18)
 
 
|6 hours
 
|6 hours
 
|6 hours
 
|6 hours
 +
|
 
|6 hours
 
|6 hours
 
|
 
|
 
|-
 
|-
−
|{{c|6}}Lost / Damaged Bags (per passenger)
+
|{{c|5}}Lost / Damaged Bags (per passenger)
 
|-
 
|-
−
|$3,000
 
 
|$3,000
 
|$3,000
 
|$3,000
 
|$3,000
Line 337: Line 365:
 
|$5,000 <br/>($2,000/bag)
 
|$5,000 <br/>($2,000/bag)
 
|-
 
|-
−
|{{c|6}}Travel Accident (Death and Dismemberment)
+
|{{c|5}}Travel Accident (Death and Dismemberment)
 
|-
 
|-
−
|$1,000,000
 
 
|$1,000,000
 
|$1,000,000
 
|$500,000
 
|$500,000
−
|$1,000,000
+
|
 
|Yes
 
|Yes
 
|$1,000,000
 
|$1,000,000
 
|-
 
|-
−
|{{c|6}}Emergency Evacuation
+
|{{c|5}}Emergency Evacuation
 
|-
 
|-
−
|$100,000
 
 
|$100,000
 
|$100,000
 
|None
 
|None
−
|None
+
|Unlimited (Platinum only)
 
|Yes
 
|Yes
 
|$10,000
 
|$10,000
 
|-
 
|-
−
|{{c|6}}Emergency Medical
+
|{{c|5}}Emergency Medical
 
|-
 
|-
 
|$2,500
 
|$2,500
 
|None
 
|None
−
|None
+
|
−
|None
 
 
|
 
|
 
|
 
|
 
|-
 
|-
−
|{{c|6}}Auto Rental Coverage
+
|{{c|5}}Auto Rental Coverage
 
|-
 
|-
 
|Primary
 
|Primary
 +
|Primary*
 
|Secondary
 
|Secondary
−
|Primary*
 
 
|Secondary
 
|Secondary
−
|Secondayr
 
 
|Secondary
 
|Secondary
 
{{/Table}}
 
{{/Table}}
Line 376: Line 400:
 
<div style="margin-left: 10%; margin-right: 10%;">
 
<div style="margin-left: 10%; margin-right: 10%;">
 
<nowiki>*</nowiki> For Sapphire Reserved and some other Chase cards. On Ink Preferred, rental must be for business purposes.
 
<nowiki>*</nowiki> For Sapphire Reserved and some other Chase cards. On Ink Preferred, rental must be for business purposes.
−
 
−
<nowiki>*</nowiki> Trip cancellation insurance for Citibank cards is limited to the fees paid, on award travel, eliminating most of the value from this benefit on frequent flyer tickets.
 
 
</div>
 
</div>
  
Line 383: Line 405:
  
 
<ul class="bulletlist">
 
<ul class="bulletlist">
−
<li>The Amex Platinum card gives you emergency evacuation coverage, just by having the card. You don’t have to use it to buy your airfare. So, you can use it along with any other coverages.</li>
+
<li>The Amex Platinum Card gives you emergency evacuation coverage, just by having the card. You don’t have to use it to buy your airfare. So, you can use it along with any other coverages.</li>  
−
 
 
−
<li>Trip cancellation coverage is usually the most important of these coverages, and there are significant differences in the conditions in which you are entitled to a claim.  [//milecards.com/1588419027/detailed-citi-and-chase-travel-insurance-coverage-for-cancellation-and-delays/ MileCards.com] did a great comparison of Citibank and Chase’s coverage.</li>
 
  
−
<li>Chase provides cancellation and interruption insurance even if you just pay part of the total costs (as with paying the fees on an award ticket). Citibank provides travel protections with partial payments, but cancellation and interruption is limited to the total amount paid. </li>
+
<li>Trip cancellation and interruption insurance only covers expenses that were paid for with the card. With Chase, you need to pay for any portion of the cost, including award ticket fees. With Amex, the entire cost of the trip needs to have been purchased with the card or with Membership Reward points. So, if you want your Platinum Card's trip insurance to cover non-refundable hotel and other travel expenses, you need to charge them to your Platinum Card and not use a card that earns more valuable rewards on non-airfare spending.</li>  
  
−
<li>Citibank no longer provides trip delay benefits caused by missing a connection.</li>  
+
<li>Amex's travel insurance requires round-trip travel. You can purchase each segment separately, but all segments must be purchased with your card and you must wind up in the same city you left from.</li>  
  
−
<li>Chase and Citibank only cover family members on the same itinerary as you, not other travelling companions. Check the fine print for other cards (if you are travelling with non-family-members). </li>  
+
<li>Chase only covers family members on the same itinerary as you, not other travelling companions. Amex covers both family members and travelling companions </li>  
 
</ul>
 
</ul>
  
 
=== When to use your hotel or airline card instead ===
 
=== When to use your hotel or airline card instead ===
  
−
If you have a hotel or airline branded credit card, it will earn bonus rewards when you make purchases from that hotel company or airline. However, '''you can usually still earn more valuable rewards from one of the cards above, (such as the Sapphire Reserve card, rather than the hotel or airline’s own card'''. You’ll also get more flexibility when redeeming your points, and often some additional travel protections.  
+
If you have a hotel or airline branded credit card, it will earn bonus rewards when you make purchases from that hotel company or airline. However, '''you can usually still earn more valuable rewards from one of the cards above, rather than the hotel or airline’s own card'''. You’ll also get more flexibility when redeeming your points and often some added travel protections.  
  
 
{{Image|AirlineCC.png}}
 
{{Image|AirlineCC.png}}
  
 
<ul class="bulletlist">
 
<ul class="bulletlist">
−
<li>'''If you have the American Express Platinum card, it earns the highest rewards on airfare purchases'''. No airline card comes close.</li>  
+
<li>'''If you have the Citi Prestige, American Express Platinum Card, they earn the highest rewards on airfare purchases. You may do even better with the Sapphire Reserve, Sapphire Preferred or Ink Preferred & Freedom Unlimited Combo, as long as you are willing to buy your tickets through Chase'''. No airline card comes close. Plus, the Platinum, Sapphire Reserve, and Sapphire Preferred card offer great travel protections.</li>  
  
 
{{Card|PlatinumCard|guide}}
 
{{Card|PlatinumCard|guide}}
  
−
<li>'''The Chase Sapphire Reserve, the Altitude Reserve, and the Citi Prestige or Premier cards, (almost) always earn higher rewards than the hotel’s or airline’s card'''. The only exceptions are the {{Card|HiltonAspire|only}}, {{Card|HiltonAscend|only}}, {{Card|Hyatt|only}}, {{Card|BestWestern|only}}, {{Card|JetBlue|only}}, and (probably) the {{Card|Frontier|only}}.</li>  
+
<li>'''The Chase Sapphire Reserve, the Altitude Reserve, and the Citi Prestige / Premier cards, (almost) always earn higher rewards than the hotel’s or airline’s card'''. The only exceptions are the {{Card|HiltonAspire|only}}, {{Card|HiltonAscend|only}}, {{Card|Hyatt|only}}, {{Card|SWAPerformBiz|only}},{{Card|BestWestern|only}}, {{Card|JetBlue|only}}, {{Card|Wyndham|only}}, {{Card|WyndhamBiz|only}}, and (probably) the {{Card|Frontier|only}}.</li>  
  
−
<li>'''If you are just using a general-purpose reward card that earns 2-2.5%, you’ll always get more valuable rewards by using the hotel or airline card instead'''. Just make sure that you are likely to have a good chance to redeem whatever points you earn with a given hotel or airline program—it is often easier to take advantage of general bank points (or cash back), than the points you might earn separate hotel or airline programs. </li>
+
<li>'''If you are just using a general purpose reward card that earns 2-2.5%, you’ll always get more valuable rewards by using the hotel or airline card instead'''. Just make sure that you are likely to have a good chance to redeem whatever points you earn with a given hotel or airline program—it is often easier to take advantage of general bank points (or cashback) than the points you might earn separate hotel or airline programs. </li>
 
</ul>
 
</ul>
  

Latest revision as of 15:30, 6 November 2021

  Easily Earn Points for Free Travel, Best Cards for Each Bonus Category

Make sure to read the tips and general advice in our Optimize Rewards by Using Different Cards for Different Purchases guide.

Travel.jpg


Jump to


Card suggestions (for most people)

Most people are going to want at least one premium credit card (like the Chase Sapphire Reserve or Amex Platinum Card), so that they can get free access to airport lounges and other valuable benefits. And most of these premium cards also offer great reward rates on travel purchases. A few of them also provide free travel insurance when you use them to pay for your tickets. Which Premium Reward Card is Right for You?

The simplest option is to stick with the Sapphire Reserve Card or Ink Preferred Card. They earn 3x Ultimate Rewards points, valued at 5.1 cents per dollar, on every type of travel purchase, including ground transportation and cruises; and provide the best travel insurance available from any credit card (the Sapphire Reserve is slightly better).

If you buy through the Chase website, you can earn 5x Ultimate Rewards points, valued at 8.5 cents per dollar, on airfare; and 10x on hotels and car rentals. But hotel purchases through Chase won't qualify for the hotel's own loyalty program and you will often be able to find better rates on hotels and car rentals on other sites.

After adjusting for its $300 travel credit and $60 DoorDash credit, the effective annual fee is $130-250. Its not a bad idea to stick to this card for your travel and restaurant purchases. But if you spend a lot of money on airfare and restaurants or decide on a different approach than the Chase Unlimited combo for your everyday spending, you might be better off using one of the other cards for your travel spending.

The Amex Platinum Card earns the most valuable rewards on airfare. It earns 5x Membership Rewards points, valued at 7.5 cents per dollar, on flights booked directly with the airline or through Amex Travel and offers travel insurance (but not baggage delay insurance). Also, you only get travel insurance if you book a round-trip itinerary (but you can pay independently for each of the different segments).

For most people, the effective annual fee on the Platinum Card is too high to justify the card just for the airfare rewards and other benefits. But if you are collecting signup bonuses or highly value some of the Platinum Card's benefits, you could easily wind up having one of the several different varieties, at least for a year at a time. If so, you should probably use it to earn extra points on your airfare purchases. Just be sure you are comfortable using the resulting Membership Rewards points for booking frequent flyer tickets.

The Platinum Card also provides 5x Membership Rewards points for prepaid hotel bookings bought through Amex Travel. But, when you book this way, you won’t get any credit or benefits with the hotel’s loyalty program and you are unlikely to get the best room rates. So, this is only a good option when you are staying at a non-chain hotel, the rates are prepaid (but possibly cancellable), and Amex’s prices happen to be good.

The U.S. Bank Altitude Reserve Card can be your best option if you don’t want to mess around with frequent flyer points or you don’t travel enough to warrant getting a more expensive card. It earns 4.5 cents per dollar on all travel purchases (as well as on anything bought with a mobile wallet).  There are a few no-annual-fee credit cards that offer good bonus rewards on travel, but for most people, the limited lounge access and other benefits you’ll get from the Altitude Reserve, make it worth paying what amounts to $75 per year. For people who can't get the Sapphire Reserve, the Altitude Reserve provides the highest reward rate of any card that includes extensive travel insurance benefits.

Recommended cards (other options)

If you frequently travel on Amtrak, the Amtrak World Card offer perhaps the best rewards on travel spending. It earns 2x Amtrak points on all travel purchases, which can then be redeemed for 5.8 cents on Amtrak travel. Points are extremely easy to redeem.

Quick comparison

The point values used in the table below are estimates based on a typical traveler. They may need to be adjusted for your individual preferences and travel patterns. For example, if you highly value premium cabin award tickets and are willing and able to build up large point balances, Ultimate Rewards, Membership Rewards, and ThankYou points are much more valuable and you should earn as many of those types of points as you can. If you have trouble finding good frequent flyer redemptions, you might want to focus on cards that earn points that can be used more like cash. Deciding What Type of Points to Earn

The annual costs in the table below reflect the annual fee minus any travel credits. For travel credits that are harder to redeem, we value the credit at 50% of the maximum credit amount. We value the Amex Airlines Incidental Credit at only 25% of the maximum credit amount. If you are willing to do the work or are otherwise able to get full value from these credits, the effective annual fee can be considerably lower.

Some cards waive the annual fee for the first year. But the table focuses on what you would pay in the longer term.

Value Earns Included Purchases Includes Insurance Annual Cost
Chase Sapphire Reserve
17%

8.5%

5.1%

10x UR

5x UR

3x UR

Hotels/Cars through Chase

Airfare through Chase

All other travel

Yes $190-250
Ink Preferred (Business card) plus Freedom Unlimited or Flex Card
8.5%

5.1%

5x UR

3x UR

Travel through Chase

All other travel

Yes $95
Chase Sapphire Preferred
8.5%

3.4%

5x UR

2x UR

Travel through Chase

All other travel

Yes $45-95
Fairwinds Visa Signature Card
7.5% 5x Points All travel Yes $249
US Bank Altitude Reserve
7.5% 5x Prepaid hotels & rentals booked through US Bank Yes $75
Amex Platinum Card
7.5% 5x MR Airfare and prepaid hotels booked through Amex Yes $250
Amex Business Gold (if one of your two categories)
6% 4x MR Airfare - $295
Synovus Travel*
6% 5x All travel (up to $5,000 per year) - $50
Amtrak Credit Card
5.8% 2x All travel - $79
Priceline Rewards Card
5% 5x Prepaid hotels rooms at Priceline and Cruises - $0
US Bank Altitude Reserve
4.5% 3x All travel Yes $75
Amex Green Card
4.5% 3x MR All Travel - $150
Amex Gold
4.5% 3x MR Airfare - $30-250
Citi Premier
4.5% 3x TY Airfare and hotels - $95
BOA Premium Rewards / BOA Travel Rewards
2-4.1% 2-4.1x# All travel Yes $45
Altitude Connect Card
4% 4x All travel - $95
Wells Fargo Propel Card (with Wells Fargo Visa Signature) - Discontinued
3.9% 3x GoFar Flights, hotels, car rentals, transit, homestays - $0
Amex Everyday Preferred (with 30 transaction bonus)
3.75% 2.5 MR Airfare and prepaid hotels booked through Amex - $95
Penfed Pathfinder (for account holders)
3.6% 4x All travel purchases - $0
Hyatt Card
3.4% 2x Airfare and car rentals Yes $75
Amex Everyday (with 20 transaction per month bonus)
3.3% 2.2x MR Airfare and prepaid hotels booked through Amex - $0
CNB Crystal Infinite
3.3% 3x Most Travel Yes $150
Morgan Stanley‡ (for Morgan Stanley customers only)
3% 2x MR Airfare and car rentals - $0
AAA (available to anyone)
3% 3% All travel - $0
Costco / Sam's Club
3% 3% All travel -/- $0
Southwest Plus
2.8% 2x miles Southwest, plus hotels and car rentals - $69

* The Synovus Card is only available to people that live within their territory in the Southeast.

‡ This card has a foreign transaction fees of 3%, making it a bad choice for booking foreign hotels and sometimes airfares.

# Cardholders with more than $20,000 in combined balances at BOA / Merrill Lynch earn bonus rewards, maxing out at 3.5 points on travel purchases with the Premium Card, and 2.625 points with the Travel Rewards card. But, with both cards you'll earn a base rate of 3 points on purchases made through BOA's travel booking site. With the relationship bonus, this can be boosted as high as 4.125%.

Free travel insurance when you use your card

Several premium credit cards offer good reward rates on travel purchases and provide free travel insurance benefits when you use them to purchase travel. The Citibank cards used to have the best travel insurance benefits of any card, but as of September 2019, no longer provide this coverage.

Chase Premium Other Chase Amex Premium BOA Premium Rewards Altitude Reserve
Covers award flights
Yes Yes Yes
Trip Cancellation & Interruption
$10,000 $5,000
($10,000 Sapphire Preferred) 		$10,000 $5,000 $5,000
Trip Delay (max. amount)
$500 $500 $500 $500 $500
Trip Delay (min. hours)
6 hours 12 hours 6 hours 12 hours 6 hours
Baggage Delay (max. amount)
$500
($100/day) 		$500
($100/day) 		$500
($100/day)
Baggage Delay (min. hours)
6 hours 6 hours 6 hours
Lost / Damaged Bags (per passenger)
$3,000 $3,000 $3,000 Yes $5,000
($2,000/bag)
Travel Accident (Death and Dismemberment)
$1,000,000 $500,000 Yes $1,000,000
Emergency Evacuation
$100,000 None Unlimited (Platinum only) Yes $10,000
Emergency Medical
$2,500 None
Auto Rental Coverage
Primary Primary* Secondary Secondary Secondary

* For Sapphire Reserved and some other Chase cards. On Ink Preferred, rental must be for business purposes.

A few additional tips:

  • The Amex Platinum Card gives you emergency evacuation coverage, just by having the card. You don’t have to use it to buy your airfare. So, you can use it along with any other coverages.
  • Trip cancellation and interruption insurance only covers expenses that were paid for with the card. With Chase, you need to pay for any portion of the cost, including award ticket fees. With Amex, the entire cost of the trip needs to have been purchased with the card or with Membership Reward points. So, if you want your Platinum Card's trip insurance to cover non-refundable hotel and other travel expenses, you need to charge them to your Platinum Card and not use a card that earns more valuable rewards on non-airfare spending.
  • Amex's travel insurance requires round-trip travel. You can purchase each segment separately, but all segments must be purchased with your card and you must wind up in the same city you left from.
  • Chase only covers family members on the same itinerary as you, not other travelling companions. Amex covers both family members and travelling companions

When to use your hotel or airline card instead

If you have a hotel or airline branded credit card, it will earn bonus rewards when you make purchases from that hotel company or airline. However, you can usually still earn more valuable rewards from one of the cards above, rather than the hotel or airline’s own card. You’ll also get more flexibility when redeeming your points and often some added travel protections.

AirlineCC.png
  • If you have the Citi Prestige, American Express Platinum Card, they earn the highest rewards on airfare purchases. You may do even better with the Sapphire Reserve, Sapphire Preferred or Ink Preferred & Freedom Unlimited Combo, as long as you are willing to buy your tickets through Chase. No airline card comes close. Plus, the Platinum, Sapphire Reserve, and Sapphire Preferred card offer great travel protections.
  • The Chase Sapphire Reserve, the Altitude Reserve, and the Citi Prestige / Premier cards, (almost) always earn higher rewards than the hotel’s or airline’s card. The only exceptions are the Hilton Aspire Credit Card, Hilton Surpass Credit Card, Hyatt Credit Card, Southwest Performance Business Card,Best Western Credit Card, JetBlue Plus Credit Card, Wyndham Earner Plus Card, Wyndham Business Card, and (probably) the Frontier Credit Card.
  • If you are just using a general purpose reward card that earns 2-2.5%, you’ll always get more valuable rewards by using the hotel or airline card instead. Just make sure that you are likely to have a good chance to redeem whatever points you earn with a given hotel or airline program—it is often easier to take advantage of general bank points (or cashback) than the points you might earn separate hotel or airline programs. 



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