travel reward

Getting a travel reward credit card is the quickest way to manage your finances while on the road. Everyone has their own reasons to travel. Some do it for business while others for pleasure. But, you always end up spending more if you don’t keep a track of your expenses.

travel reward

A travel rewards credit card not only helps you keep track of your spendings, but also provides you compensation in the form of reward points. That means you get certain points for every dollar spent using the credit card. Every credit card company has a different yearly reward and APR(Annual percentage rate). So, choose your credit card wisely.

Here are the 5 best travel reward credit cards 2019.

1) Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card is a premium travel reward credit card from JPMorgan Chase and Co. This card is best for people who travel all around the year. As you get $750 for every $4000 spent. However, occasional traveler and backpacker can relish this opportunity as well.

Chase Sapphire Preferred® Card charges an annual fee of $95. This fee is quite reasonable considering the benefits Chase provides. Moreover, they have excellent customer support. These factors make Chase Sapphire Preferred® Card one the best travel reward credit cards.

2) Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card offers you $500 on every $3000 spent in the first 3 months. They calculate the reward in terms of miles. So, they provide 50,000 miles one-time-bonus on account opening and 2X miles every time you buy something.

This has been one of the best travel reward credit cards since the last couple of years and has been named The Best Travel Card by CNBC, last year. The annual fee is $95 and there are no foreign transaction fees.

3) The Platinum Card® from American Express

The Platinum Card® from American Express has one of the highest yearly rewards. You also get 60,000 bonus points on the purchase of the card. That means you get $600 for initial 60,000 points. However, this is the most expensive travel reward credit cards on this list. American Express charges you an annual fee of $550. This may seem like a lot for occasional travelers but you can make some decent savings if you travel frequently.

4) Wells Fargo Propel American Express® Card

Wells Fargo Propel American Express® Card is for low-budget backpackers and remote workers who are looking for a zero-initial-investment travel reward credit card. Wells Fargo does not charge an annual fee or foreign transaction fee. In addition, it provides a reward of $300 every time you spend $3000 in the first 3 months. You get 3X points for your expenses like gas, flights, food, commute, etc. That means 3 times the reward for every dollar spent.

5) Discover it® Miles

Discover it® Miles is another credit card with no annual fee. In comparison to others, Discover it® Miles is the best travel reward credit card. It ticks all the boxes and provides a unique feature called Discover Match®. With Discover Match®, your reward points after 12 consecutive billing periods will be added to the new account in one or two billing periods. However, to redeem these reward points, you must have an active Discover it® Miles account at the time of calculation of your potential award.

So, this is the list of best credit cards for travel purposes. The credit card companies have a lot of features to offer but choose your card based on your own needs.

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