Staying frugal this holiday season may pose a great challenge, but it is a feat that is possible to achieve. The arrival of the holiday season heralds the period to spend money. But did you know that you can save a lot of money if you apply for a travel credit card? Well, now you know that you can!
If you plan on making use of your credit card to pay for your holiday shopping, then it will be a wise move on your part to go for cards that will reward you for all your purchases. This holiday season is also the season of giving as well as receiving, and savvy credit card companies are riding on the waves of the season by offering some astronomical travel rewards freebies.
Therefore, here are some of the best travel reward cards that you should consider procuring this holiday season:
Capital One Venture Card
The CNBC recently named the Capital One Venture Card as the “best travel card” in 2018. That’s to let you know that their reputation precedes them. Therefore, if you plan on spending some money this season, transferring your spending into travel rewards will be one of the best decisions you have made this holiday season.
For instance, if you are a first-time cardholder and after spending at least $3,000 within three months, you will be rewarded with a mouthwatering 50,000 bonus miles!
Other travel perks include:
• No fees on foreign transactions
• No blackout dates, meaning that users can fly any airline at any time
• Miles do not expire, and there is virtually no limit to the number of miles you can earn
On everyday purchases, you stand to receive two times the miles after you earn points. You will also be rewarded – by earning ten times the mile – if and when you book a qualified hotel partner. To cap it all, there is no fee for the first year!
American Express Platinum Card
This card is presently one of the best travel rewards cards that are available today. New or first-time cardholders can earn up to 60,000 bonus reward points after spending at least $5,000 within the first three months. Thanks to holiday shopping, earning those bonus points should be a walk in the park.
Every cardholder that books a hotel through Amex Travel or books their flight with Amex or the airliner will earn at least five times the airfare points.
The Platinum Card by American Express will enable you to gain access to the Delta Sky Club to sign up for membership as well as the American Express Centurion Lounges.
Other benefits include:
• No charges on foreign transactions
• Up to $200 Uber credit
• TSA or Global Entry PreCheck Rebate, etc.
Bank of America Premium Rewards Card
With the Bank of America Premium Rewards Card, collecting points is a breeze. For every dollar you spend on dining and traveling, users will earn an unlimited two points. You will also earn 1.5 points for every dollar that is spent on other purchases.
First-time cardholders will get up to 50,000 bonus points – valued at $500 – after spending a minimum amount of $3,000 within the first 90 days of opening the account.
For qualifying purchases such as seat upgrades, baggage fees, etc. you will get at least $200.
Chase Sapphire Preferred
If you spend $4,000 within the first three months if becoming a Chase Sapphire Preferred cardholder, you will receive up to 50,000 bonus points. You’ll earn points for every dollar spent on dining and travel purchases along with other perks as well.
Hilton Honors Ascend from American Express
First-time cardholders will earn 150,000 Hilton Honors points after spending at least $4,000 within the first three months. You will also earn three points for every dollar spent on daily purchases and fourteen points for every dollar spent on Hilton purchases.