The Best Credit Cards for Travel Rewards and Cashback Bonuses 🌴💳💰
Hey there! Are you looking for a credit card that can help you save money on travel expenses and earn some cashback bonuses on your purchases? Well, you’re in luck because in this blog, we’ll be discussing the top credit cards that offer both travel rewards and cashback bonuses. From the beginner-friendly cards to the premium ones, we’ve got you covered. So, let’s dive in!
Best Beginner-Friendly Card: Chase Freedom Unlimited 🙌
The Chase Freedom Unlimited card is one of the best entry-level credit cards for those who are new to the world of travel rewards and cashback bonuses. With this card, you can earn 1.5% cashback on all your purchases, which can be redeemed for travel expenses or statement credits.
Moreover, you can earn a $200 bonus if you spend $500 within the first three months of opening your account. This card also offers a 0% intro APR for the first 15 months on purchases and balance transfers, which can be incredibly useful for those who need some time to pay off their charges.
Best for Flexible Travel Rewards: Capital One Venture Rewards 🛫
If you’re looking for a credit card that offers flexible travel rewards, the Capital One Venture Rewards card is a great option. This card allows you to earn 2X miles on all your purchases and the miles can be easily redeemed for travel expenses, including flights, hotels, and car rentals.
Moreover, you can earn a whopping 100,000 bonus miles if you spend $20,000 within the first 12 months of opening your account. The annual fee for this card is $95, which is waived for the first year. If you frequently travel for leisure or business, this card can be immensely beneficial.
Best for Premium Travel Benefits: Chase Sapphire Reserve 💳✈️
The Chase Sapphire Reserve card is known for its excellent travel benefits and premium rewards. With this card, you can earn 3X points on travel and dining purchases and 1X point on all other purchases. The points can be transferred to various airline and hotel loyalty programs, which can be incredibly useful for frequent flyers.
Moreover, this card offers some of the best travel benefits, including a $300 annual travel credit, Priority Pass airport lounge access, Global Entry or TSA PreCheck application fee credit, and many more. The annual fee for this card is $550, which can be intimidating, but if you travel frequently and can take advantage of its benefits, it can be worth it.
Best for Cashback Rewards: Blue Cash Preferred from American Express 💰💵
The Blue Cash Preferred card from American Express is ideal for those who prefer cashback rewards over travel rewards. With this card, you can earn 6% cashback on purchases at U.S. supermarkets (up to $6,000 per year), 6% cashback on select U.S. streaming subscriptions, 3% cashback on transit purchases, and 1% cashback on all other purchases.
Moreover, you can earn a $300 statement credit if you spend $3,000 within the first six months of opening your account. This card also offers a 0% intro APR for the first 12 months on purchases and balance transfers. The annual fee for this card is $95, which is not waived for the first year.
Conclusion
In conclusion, there are various credit cards that offer great travel rewards and cashback bonuses, and choosing the right one can be overwhelming. However, by considering your spending habits, travel preferences, and financial goals, you can narrow down your options and find a card that suits your needs the best. Remember, credit cards can be great tools for earning rewards and saving money, but it’s crucial to use them responsibly and pay off your balance in full every month. Happy traveling and happy spending!