Whether you’re a seasoned traveler chasing elite status, or you’re just looking to make the most of your everyday purchases, travel credit cards offer many benefits. They can unlock a world of value. But, not all cards are created equal. There are dozens of options available. Understanding the differences between hotel credit cards, airline cards, and general travel cards is crucial. Major banks often offer these. It is the first step in picking the perfect fit.
In this guide, we break down the types of travel credit cards. We explain their key benefits. You should consider certain factors before applying.
💡 Benefits of Travel Credit Cards
Regardless of type, many travel cards offer these high-level benefits:
| Benefit | Description |
|---|---|
| Welcome Bonuses | Many cards offer 50,000+ points/miles for meeting a spend threshold in the first few months |
| Travel Protections | Trip delay, lost luggage, rental car insurance, and more |
| Lounge Access | Available on premium cards like the Venture X or Amex Platinum |
| No Foreign Transaction Fees | Essential for international travel |
| Annual Travel Credits | Offset the annual fee by using included travel credits or free night certificates |
🧠 How to Choose A Credit Card
Before you sign up for your next card, consider the following:
- How do you travel? (Domestic or international? Hotel stays or vacation rentals?)
- Are you loyal to a brand? (Stick to a chain or prefer the best deal?)
- Do you want flexibility or elite perks?
- Will you use the benefits? (Lounge access, free checked bags, travel credits, etc.)
- Do you pay your balance in full each month? (If not, interest charges will cancel out your rewards.)
🛑 Why a Travel Credit Card with Perks Isn’t For You
If you carry a balance on your credit card each month, avoid applying for a card with travel perks. You will spend more on yearly subscription fees and interest than you will benefit from perks.
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Selecting a Rewards Travel Card: A Comprehensive Review
💬 What’s Your Go-To Travel Credit Card?
Have you had a great (or not-so-great) experience with a travel credit card?
Do you prefer hotel loyalty or airline perks—or are you all about flexibility?