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Best Travel Rewards Credit Cards

From decent travel rewards with no annual fee, to the most luxury cards offering travel credit, premium benefits and lounge access.
Author: Andrew O'Malley
Andrew O'Malley

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Andrew is a full-time finance writer, having spent time working in the industry. He studied Economics and Finance and has been fascinated with the financial markets since his teens. The first stock that Andrew bought was Apple, reflecting his love for its products.

Review & Fact Check: Baruch Mann (Silvermann)

Baruch Mann (Silvermann)

Financial Expert, The Smart Investor CEO

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Baruch Mann (Silvermann) is a financial expert and founder of The Smart Investor. Above all, he is passionate about teaching people how to manage their money and helping millions on their journey to a better financial future.
Author: Andrew O'Malley
Andrew O'Malley

Writer, Contributor

Experience

Andrew is a full-time finance writer, having spent time working in the industry. He studied Economics and Finance and has been fascinated with the financial markets since his teens. The first stock that Andrew bought was Apple, reflecting his love for its products.

Review & Fact Check: Baruch Mann (Silvermann)

Baruch Mann (Silvermann)

Financial Expert, The Smart Investor CEO

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Reward cards are nothing new, as they have been around for years. Essentially, travel credit cards have rewards and benefits geared towards travel purchases. This means that you typically earn the highest level of rewards when you purchase flights, accommodation, or other travel purchases.

You can also enjoy travel themed perks, such as lounge access, free checked bags, and other benefits that enhance your travel experience.

How to Maximize the Benefits of Travel Reward Cards

Even if you carefully choose the best card for you, there are still strategies that you can make to maximize the benefits of your new travel reward card.

Activate any Promotions: The first thing that you need to do is activate any promotions for the card. Some cards have limited time offers such as a free subscription or service, but you need to activate them and link them to your new credit card. So you don’t forget about these, activate them as soon as you receive your card.

Meet the Intro Bonus Criteria: This is standard for most credit cards, but there are terms and conditions attached to your welcome bonus. This is usually a minimum spend, but you’ll need to check how long you have to meet this amount. When you only have a limited timeframe, it would be very frustrating to miss it by a few dollars and miss out on a hefty bonus.

Book all Fares, Accommodation and Reservations with Your Card: While your card may offer free travel insurance or other perks, this is usually contingent on paying for the entire expense with your card. So, you’ll only get trip delay insurance if your airfare was purchased using your card, or free collision damage waiver insurance if you reserve and pay for your car rental with the card.

Max Out Other Spending Categories: If your card offers rewards on other spending categories, make sure you max out your spending up to any caps. It is quite common for one secondary category to have a higher reward rate compared to the others, so prioritize this type of spending after your travel purchases.

Explore Your Redemption Options: Finally, don’t assume that one particular redemption method is best. If you have a points or miles card, there are likely to be varying redemption rates, so look at which one gives you the best return. This can also apply to travel dates and carriers, which means that you may need to play around with flights and stays when you want to book a trip.

Our Top Travel Card Picks For 2022

There are general travel credit cards that provide rewards for broad categories of travel and others are brand specific to particular airlines or hotel chains.

In some cases, you can also earn rewards for non travel purchases, but these are usually at a lower tier level.

Chase Sapphire Preferred® Card

chase_sapphire_preffered

On Chase Secure Website / Terms Apply

Chase Sapphire Preferred® Card

Reward details

2x-5x points 5x total points on travel purchased through Chase Ultimate Rewards, 3x points on dining and 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases

Current Offer

60,000 points 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Credit Rating

Good – Excellent

Annual Fee

$95

0% Intro

N/A

APR

17.49% – 24.49% Variable

On Chase Secure Website / Terms Apply

The Chase Sapphire Preferred® Card is a travel rewards card issued by Chase Bank. This is a very popular travel rewards card because it offers a large sign-up bonus and the card is built around traveling. Many travel rewards cards have higher annual fees for the same kind of rewards. The card offers a sign-up bonus of 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

This card is on our top spot in regards to the best traveling and dining cards as they offer you more points compared to other cards - 5x total points on travel purchased through Chase Ultimate Rewards, 3x points on dining and 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases .

  • Rewards Plan: 5x total points on travel purchased through Chase Ultimate Rewards, 3x points on dining and 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases
  • APR: 17.49% - 24.49% Variable
  • Annual fee: $95
  • Balance Transfer Fee: 5% or $5, whichever is greater
  • Foreign Transaction Fee: 0%
  • Sign Up bonus: 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
  • 0% APR Introductory Rate: N/A
  • Point Sign-Up Bonus
  • Bonus Points
  • No Blackout Dates
  • 25% More through Ultimate Chase Rewards
  • No Foreign Transaction Fee
  • $95 Annual Fee
  • Low Merchandise Rewards
  • No Introductory 0% 
  • Balance Transfer Fee - 5% or $5, whichever is greater

  • Does the travel rewards points expire? Your points won’t expire once you keep the credit card account open.
  • Does card Chase Sapphire Preferred offer pre-approval? Yes, you are able to pre-qualify for this card.
  • What is the initial credit limit? The minimum credit limit that you can get with this card type is usually $5,000.
  • How do I redeem cash back? You can redeem your points in a variety of ways through the Chase credit card reward portal. Some of the perks you can get include cash, travel credit, statement credit, and gift cards.
  • What purchases don't earn cash back? All purchases will earn cashback through this card.
  • Should You Move to Chase Sapphire Preferred card?  If you travel frequently and do not want to pay a large annual fee.
  • Why did the Chase deny me? You might not have met one of its requirements. You will usually find out where you fell short. You might be able to rectify the issue or you might have to look elsewhere.
  •  How hard is it to get a Chase Sapphire Preferred card? If you meet all of the requirements, then it is relatively straightforward to get a Chase Sapphire Preferred card.
  • Is there a limit to rewards/cash back on the Chase Sapphire Preferred card? No limit
  • Can I get car rental insurance with a Chase Sapphire Preferred card? how? Yes, you can get car rental insurance with this card if you decline the collision cover of the rental company and pay for the entire cost of the rental car with this card.

American Express® Gold Card

Reward details

1x – 4x Points 4X points at restaurants (including Uber Eats purchases in the U.S.) and U.S. supermarkets (up to $25,000 per year in purchases, then 1X points), 3X points on flights booked directly with airlines or on amextravel.com, 2X points on rental cars through amextravel.com and 1X points on all other purchases

Current Offer

60,000 points 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership

Credit Rating

Good – Excellent

Annual Fee

$250

0% Intro

None

APR

18.24%-25.24% Variable

The American Express® Gold Card is a credit account that offers a myriad of benefits to clients. First-timers stand a chance to earn 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership. In terms of rewards, you can earn 4X points at restaurants (including Uber Eats purchases in the U.S.) and U.S. supermarkets (up to $25,000 per year in purchases, then 1X points), 3X points on flights booked directly with airlines or on amextravel.com, 2X points on rental cars through amextravel.com and 1X points on all other purchases.  

Other premium benefits include dedicated service team, up to $120 in Uber Cash (enrollment required), preferred seating at sporting and cultural events, signature perks at upscale hotels, fraud Protection and baggage insurance for up to $500 for checked baggage and $1,250 for carry on.  If you're a freuqent traveler, check out the comparison between Amex gold to platinum to understand which is better for you. 

  • APR: 18.24%-25.24% Variable
  • Annual fee: $250
  • Balance Transfer Fee: N/a
  • Foreign Transaction Fee: 0%
  • Rewards Plan: 4X points at restaurants (including Uber Eats purchases in the U.S.) and U.S. supermarkets (up to $25,000 per year in purchases, then 1X points), 3X points on flights booked directly with airlines or on amextravel.com, 2X points on rental cars through amextravel.com and 1X points on all other purchases
  • Welcome bonus: 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership
  • 0% APR Introductory Rate: None
  • Welcome Bonus + Premium Point Rewards Rate
  • No Foreign Transaction Fees
  • Special Gold Status Perks
  • $250 Annual Fee
  • High Requirements

  • Is there a limit to rewards? There is a cap on getting the premium rate of cashback on certain types of purchases.
  • Can I get car rental insurance with Amex Gold CardYes, you will get it automatically once you decline the car insurance from the rental company and you pay the full rental charge using this card.
  • What are Amex Gold Card income requirements? There is no out and out income requirement outlined by Amex when it comes to the Gold card.
  • Does card Amex Gold points expire? They do not have an expiration date.
  •  How do I redeem cash back on Amex? There is a points-based system. You can redeem the points for a variety of rewards that are showcased on the Amex website. These include statement credit, gift cards, paying for certain services etc.
  • What purchases don't earn rewards? The minimum rate is 1 point for every $1 spent.
  • Should You Move to Amex Gold CardIf you need a versatile card that covers a wide range of purchases, with a main focus on travel-related purchases and perks.
  •  Why did Amex deny me?  You might not have met one of the requirements. You can ask the customer support team if there is something you can do to change this eventuality. Otherwise, you can look for an alternative card.
  • How to maximize rewards on Amex Gold Card? Use it for a versatile range of purchases, make sure you are aware of the different perks and credit that you get with this card.
  • Top Reasons NOT to get the  Gold Card? If you do not travel a lot.
  • Can I get pre-approvedYes, you can get pre-approval.
  •  What is the initial credit limit? The credit limit will usually be at least $5,000.

TD First Class Visa Signature

TD First Class Visa Signature Credit Card Review

On TD Bank Website, Terms Apply

TD First Class Visa Signature

Reward Details

Up to 3x miles 3X First Class miles on travel and dining purchases and 1X First Class miles on all other purchases

Current Offer

25,000 miles 25,000 miles on $3,000 spent in first 6 cycles

Credit Rating

Good – Excellent

Annual Fee

$89 (waived first year)

0% Intro

12 billing cycles on balance transfers

APR

13.24% variable

On TD Bank Website, Terms Apply

With a TD First Class Visa Signature Credit Card, you'll have access to exclusive events, a free 24/7 concierge, and special shopping benefits. Visa Zero Liability is available on this card, as it is on many others. You also do not have to pay any additional fees for international purchases. To be eligible to apply for this credit card, you must have a good credit score.

Cardholders who do not like to track categories when they shop, on the other hand, will find the TD First Class quite limiting if they value rewards. Otherwise, when compared to similar rewards cards, the card provides a good but not exceptional value. It's also worth noting that the rewards earned on this credit card aren't transferable to other cards or partner programs.

  • APR: 13.24% variable
  • Annual fee: $89 (waived first year)
  • Balance Transfer Fee: $5 or 3%
  • Foreign Transaction Fee: $0
  • Rewards Plan: 3X First Class miles on travel and dining purchases and 1X First Class miles on all other purchases
  • Sign Up bonus: 25,000 miles on $3,000 spent in first 6 cycles
  • 0% APR Introductory Rate period: 12 billing cycles on balance transfers
  • Signup Bonus & Miles Reward
  • Low APR
  • 0% Intro APR
  • No Foreign Transaction Fee
  • Annual Fee
  • Rewards Are Not Transferable
  • 0% Intro Only on Balance Transfers

Capital One Venture X Rewards

Venture X Rewards

On Capital One Website, Terms Apply

Capital One Venture X Rewards

Reward details

Up to 10x miles 10 miles per dollar on hotels and rental cars when booking via Capital One Travel, 5 miles per dollar on flights and 2 miles per dollar on all eligible purchases

Current Offer

100,000 miles 100,000 bonus miles once you spend $10,000 on purchases within the first 6 months from account opening

Credit Rating

Good – Excellent

Annual Fee

$395

0% Intro

N/A

APR

17.49%-25.49% (Variable)

On Capital One Website, Terms Apply

The Capital One Venture X Rewards Credit Card is a premium travel card that can be a good fit for travelers who want extra travel perks like airport lounge access, travel insurance protection, and special rental car privileges, in addition to better rewards rates. It has quite high annual fee ($395)

When booking hotels and rental cars through Capital One Travel, the Venture X earns 10 miles per dollar on hotels and rental cars when booking via Capital One Travel, 5 miles per dollar on flights and 2 miles per dollar on all eligible purchases. In addition, new applicants can earn 100,000 bonus miles once you spend $10,000 on purchases within the first 6 months from account opening, and there is no foreign transaction fee. If you're looking for more basic card, check out the Capital one Venture benefits.

  • Rewards Plan: 10 miles per dollar on hotels and rental cars when booking via Capital One Travel, 5 miles per dollar on flights and 2 miles per dollar on all eligible purchases
  • APR: 17.49%-25.49% (Variable)
  • Annual fee: $395
  • Balance Transfer Fee: 3% for promotional APR offers, none for balances transferred at regular APR
  • Foreign Transaction Fee: None
  • Sign Up bonus: 100,000 bonus miles once you spend $10,000 on purchases within the first 6 months from account opening
  • 0% APR Introductory Rate: N/A
  • Statement Credit For Travel
  • Better Rewards Rate, Sign-Up Bonus
  • Capital One Travel Portal
  • No Foreign Transaction Fee
  • $395 Annual Fee
  • No Upgrading or Elite Status
  • Smaller Network

What are the income requirements?

Neither issuer specifies a minimum income, but you will need excellent credit for the Venture X. Your income will be a factor for consideration, but it will not be the sole factor. If proof of income is required to support your application, the card issuers will contact you with a list of acceptable documents. 

Can you get pre approval?

Capital One requires that you complete a full application for the Venture X, which will involve a hard credit pull.

What is the initial credit limit?

You can expect an initial credit limit of $5,000 to $30,000 with the Capital One Venture X.

How much is 10,000 miles worth?

The average value of Capital One miles is one cent per mile. This means that 10,000 miles would be worth $100. However, it may be possible to get a higher redemption rate with partner programs.

How’s the card customer service availability?

 Capital One has a customer service line that is available 24/7, so you can access help at any time of the day or night

How long does it take for approval?

Capital One aims to give an approval decision within a few minutes, unless additional information is required to support your application. In this case, it can take a further 7 to 10 days. After approval, you should receive your card within 10 days.

The World of Hyatt Credit Card

World of Hyatt

On Chase Website, Terms Apply

The World of Hyatt Credit Card

Reward details

Up to 4x points 4 bonus points per $1 spent for Hyatt stays and experiences including restaurants and spas, 2x for flights purchased directly from the airline, local transit, commuting, restaurants, fitness club, gym memberships and 1 bonus point per $1 spent on all other purchases

Current Offer

30,000 points 30,000 points after you spend $3,000 on purchases within the first 3 months of account opening

Credit Rating

Good – Excellent

Annual Fee

$95

0% Intro

None

APR

17.49%-24.49% Variable

On Chase Website, Terms Apply

If you like the Hyatt network or tend to visit places where its network covers, the World of Hyatt card is ideal for saving money on hotel accommodations.

Cardholders earn 4 bonus points per $1 spent for Hyatt stays and experiences including restaurants and spas, 2x for flights purchased directly from the airline, local transit, commuting, restaurants, fitness club, gym memberships and 1 bonus point per $1 spent on all other purchases. In addition, you can also get an early check-in and a late checkout. This makes hotel stays much more enjoyable, as well as a nice welcome bonus.

It's also a good card for people who want a card they can use anywhere to get free hotel stays and upgraded rooms. However, in order to offset the annual fee ($95) and receive the benefits advertised by the card, you must stay in Hyatt hotels several times per year.

  • Rewards Plan: 4 bonus points per $1 spent for Hyatt stays and experiences including restaurants and spas, 2x for flights purchased directly from the airline, local transit, commuting, restaurants, fitness club, gym memberships and 1 bonus point per $1 spent on all other purchases
  • APR: 17.49%-24.49% Variable
  • Annual fee: $95
  • Balance Transfer Fee: $5 or 5% (whichever is greater)
  • Foreign Transaction Fee: 0%
  • Sign Up bonus: 30,000 points after you spend $3,000 on purchases within the first 3 months of account opening
  • 0% APR Introductory Rate: None
  • Travel Rewards & Welcome Bonus
  • One Free Night Every Year
  • Monthly Bonus Category
  • Discoverist Status
  • Annual Fee
  • No Discounts For Multi-Night Stays
  • Better For Off Season

Does the Hyatt card have a point rewards limit?

There is no points reward limit on either card, but there is an introductory offer with either card that requires you meet a spending limit to get bonus points. 

Can I get car rental insurance?

No, the World of Hyatt card does not offer a car rental insurance.

Can I redeem for flights with airline partners?

World of Hyatt is partnered with 25 airlines including Delta SkyMiles, American Airlines AAdvantage, and British Airways Executive Club. Generally, the transfer rate is a 5:2 ratio. This means that 5,000 points is worth 2,000 of the airline miles, but this can vary depending on the airline miles program

Can I get pre approved?

Typically, Chase does not have pre approval for its cards including the World of Hyatt card. This means that when you complete the online application form, it will trigger a hard credit search.

Does it offer flight cancellation insurance?

No, the World of Hyatt card  doesn't offer flight cancellation/interruption or delay insurance. 

What are the top reasons not to get it?

If you don’t typically care what hotel you stay in when you are on vacation, you’ll find this card a bit restrictive. In this scenario, you would be better off with a miles or other type of rewards card that allows you to redeem your rewards for flights, hotel stays and other travel perks.

American Airlines AAdvantage MileUp℠ Card

aadvantage mileup card

On Citi Website, Terms Apply

American Airlines AAdvantage MileUp℠ Card

Reward details

Up to 2X miles 2 AAdvantage miles per dollar on grocery stores and eligible American Airlines purchases, and 1 mile per dollar on other purchases

Current Offer

10,000 miles 10,000 miles and $50 statement credit if you spend $500 in first 3 months

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

None

APR

18.24% – 27.24% (Variable)

On Citi Website, Terms Apply

The American Airlines AAdvantage MileUpSM Mastercard® card is the cheapest card among American Airlines credit cards, and ideal for infrequent American Airlines flyers who want to enjoy AAdvantage miles and earn rewards on everyday purchases. This, combined with the fact that there is no annual fee, makes it an appealing card for people who are new to travel rewards.

However, there are other travel rewards credit cards available if you're willing to pay an annual fee. Depending on the cardholder's credit history, travel needs, and frequency, a potential cardholder may want to look into other options before applying for the American Airlines AAdvantage MileUp Card.

Since the majority of travel cards have an annual fee, this one can be a good option if you prefer a card with no annual fee.

  • Rewards Plan: 2 AAdvantage miles per dollar on grocery stores and eligible American Airlines purchases, and 1 mile per dollar on other purchases
  • APR: 18.24% - 27.24% (Variable)
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 5%
  • Foreign Transaction Fee: 0%
  • Sign Up bonus: 50,000 American Airlines AAdvantage® bonus miles after $2,500 in purchases within the first 3 months of account opening
  • 0% APR Introductory Rate:None
  • No Annual Fee
  • Rewards & Sign up Bonus
  • No Rewards Cap
  • Citi Travel Options
  • 25% off on in-flight food and drinks
  • Average Rewards Rate
  • Foreign Transaction Fee
  • High APR

Chase Sapphire Reserve®

On Chase Secure Website, Terms Apply

Chase Sapphire Reserve®

Reward details

Up to 10X points 5X total points on air travel and 10X total points on hotels, car rentals when you purchase through Chase Ultimate Rewards®, immediately after earning your $300 annual travel credit. Also, earn 3x points on dining at restaurants and travel (after meeting the $300 travel credit), then 1x points per dollar spent on all other purchases

Current Offer

50,000 points 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Credit Rating

Good – Excellent

Annual Fee

$550

0% Intro

N/A

APR

18.49% – 25.49% Variable

On Chase Secure Website, Terms Apply

The Chase Sapphire Reserve® card is a premium travel card that offers many benefits that your average reward card does not. You'll receive , which is about $750 in travel rewards if booked through Chase Ultimate Rewards.

In addition, you earn5X total points on air travel and 10X total points on hotels, car rentals when you purchase through Chase Ultimate Rewards®, immediately after earning your $300 annual travel credit. Also, earn 3x points on dining at restaurants and travel (after meeting the $300 travel credit), then 1x points per dollar spent on all other purchases

However, due to the high annual fee ($550) - you should make sure your regular spending habits fits to this card and you'll be able to cover the high annual cost. If that's not the case - the Chase Sapphire Preferred is a good alternative, check out our comparison between the Reserve and the Preferred card.

  • APR: 18.49% - 25.49% Variable
  • Annual fee: $550
  • Balance Transfer Fee: $5 or 5%
  • Foreign Transaction Fee: 0%
  • Rewards Plan: 5X total points on air travel and 10X total points on hotels, car rentals when you purchase through Chase Ultimate Rewards®, immediately after earning your $300 annual travel credit. Also, earn 3x points on dining at restaurants and travel (after meeting the $300 travel credit), then 1x points per dollar spent on all other purchases
  • Sign Up bonus: 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
  • 0% APR Introductory Rate period: N/A
  • Points Rewards
  • Sign Up Bonus
  • More Ultimate Chase Rewards
  • No Foreign Transaction Fee
  • Airport Lounge Access
  • Annual Fee
  • No 0% Introductory APR
  • Balance Transfer Fee
  • Chase Restrictions

  •  Can I get car rental insurance with a Sapphire Reserve card?  Yes, you can get car rental insurance with this card if you decline the collision cover of the rental company and pay for the entire cost of the rental car with this card.
  • What are Sapphire Reserve card income requirements? There are no transparent income requirements, but it is usually expected that your annual income is at least $30,000 and you may be asked for proof of income.
  •  How do I redeem cash back? You can redeem your points in a variety of ways through the Chase credit card reward portal. Some of the perks you can get include cash, travel credit, statement credit, and gift cards.
  • What purchases don't earn cash back with the Sapphire Reserve? All purchases will earn you cashback with this card.
  • Should You Move to Sapphire Reserve card?  If you travel a lot then this is a great option for you.
  • Why did Chase deny me? What to Do Next? You might not have met one of its requirements. You will usually find out where you fell short. You might be able to rectify the issue or you might have to look elsewhere.
  • How hard is it to get Sapphire Reserve card? It is harder to get this card than some of the other Chase credit cards. However, if you have a credit score of at least 720 then you will be in with a good chance of getting approval.
  • How to Use Sapphire Reserve card Benefits? 
  • You can redeem your points in a variety of ways through the Chase credit card reward portal. Some of the perks you can get include cash, travel credit, statement credit, and gift cards. To maximize rewards, you should take advantage of the high dining and travel-related cashback redemption rates and generally use them for these types of expenses.
  • Top Reasons NOT to get the Sapphire Reserve card? If you do not travel a lot or you don’t want to pay the large annual fee.
  • Does travel rewards points expire? Your points won’t expire once you keep the credit card account open.
  • Does it offer pre-approval? Yes, you can get pre-approved for this card.
  • What is the initial credit limit? The usual minimum credit limit for this card is $10,000.
  • Is there a limit to rewards? No limit

The Platinum Card® from American Express

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The Platinum Card® from American Express

The Platinum Card® from American Express

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Reward details

Up to 5x points 5X points on up to $500,000 spent on directly-booked airfare and flights and prepaid hotels booked through American Express Travel (per calendar year), 2X points on prepaid car rentals through American Express Travel and 1X points on all other purchases

Current Offer

100,000 points 100,000 points when you spend $6,000 in the first six months

Credit Rating

Good – Excellent

Annual Fee

$695

0% Intro

None

APR

18.24% – 25.24% Variable

The Platinum Card® from American Express is one of the best luxury cards available, offering extra ordinary benefits especially when it comes to travel. The card offers 5X points on up to $500,000 spent on directly-booked airfare and flights and prepaid hotels booked through American Express Travel (per calendar year), 2X points on prepaid car rentals through American Express Travel and 1X points on all other purchases. Terms Apply. 

Also, you can enjoy welcome bonus of 100,000 points when you spend $6,000 in the first six months, as well as a lot of extra premium perks such as dedicated service team, up to $200 in Uber Cash (enrollment required), preferred seating at sporting and cultural events, signature perks at upscale hotels, fraud Protection and baggage insurance for up to $500 for checked baggage and $1,250 for carry on.  

If you're looking for a premium luxury card, compare the Amex Platinum cards with the Chase Reserve card.

  • Up to $200 hotel credit per year when you book select prepaid hotels using your Platinum card via American Express Travel. Enrollment Required.
  • Up to $240 or $20 per month in Digital Entertainment Credit when you pay for one or more The New York Times, Peacock, SiriusXM or Audible products with your card. Enrollment Required.
  • Up to $155 in Walmart+ credit. When you use your card to pay for your monthly Walmart+ membership, you’ll get the full cost back every month. Enrollment Required.
  • Up to $200 in Airline fee credit per year when you charge incidental travel fees from selected airlines on your card. Enrollment Required.
  • Up to $300 back every year for eligible Equinox memberships when you enroll and pay using your card.
  • Up to $179 back per year when you use your card to pay for a CLEAR membership. Enrollment Required.
  • Welcome Bonus + Premium Point Rewards Rate (Terms Apply)
  • No Foreign Transaction Fees
  • Special Premium Status Perks
  • High Annual Fee
  • High Requirements

  • Why did Amex Platinum Card deny me? What to Do Next? You might not have met one of the requirements. You can ask the customer support team if there is something you can do to change this eventuality. Otherwise, you can look for an alternative card.
  •  How hard is it to get Amex Platinum Card? You need to meet the credit score and income requirements, which are higher than a lot of other cards.
  • How to maximize rewards on Amex Platinum Card? There is a points-based system. You can redeem the points for a variety of rewards that are showcased on the Amex website. These include statement credit, gift cards, paying for certain services etc.
  • Top reasons NOT to get the Amex Platinum Card? If you do not travel a lot or you do not spend a lot of money when traveling. If you are looking for a card that covers a wide range of purchases at premium cashback rates.
  • Is there a limit to rewards? There is a cap on getting the premium rate of cashback on certain types of purchases.
  • Can I get car rental insurance with Amex PlatinumYes, you will get it automatically once you decline the car insurance from the rental company and you pay the full rental charge using this card. 
  •  Does Amex Platinum ask for proof of income? You need to have an income of at least $50,000 usually and might need to provide proof of income.
  • Does card rewards points expire? They do not have an expiration date.
  • Can I get pre-approved?  Yes, you can get pre-approval for this card.
  • What is the initial credit limit? The minimum credit limit you will get with this card will be $5,000.
  • How do I redeem cash back? There is a points-based system. You can redeem the points for a variety of rewards that are showcased on the Amex website. These include statement credit, gift cards, paying for certain services etc.
  • What purchases don't earn cash back? Every type of purchase through this card will earn cashback points.
  • Should You Move to Amex Platinum CardIt is a good fit if you spend a lot of money on travel-related expenses and want to avail yourself of some great travel perks.

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If you enjoy traveling, you may have considered travel credit cards. Many people find these cards a little confusing, so here we’ll explore this niche and how to find the best travel credit cards.

Pros and Cons of a Travel Card

As with all financial products, there are both positives and potential negatives of travel credit cards. It is important to be aware of both so you can make an informed decision about the card that is the right product for you.

Most travel cards offer benefits that enhance your travel experience. From free checked bags to additional insurance, each card has a different benefits package that can save you money on your travel expenses.

For frequent travelers, air fare, accommodation and other travel expenses can represent significant spending. A travel credit card can allow you to earn a higher tier of rewards on this spending.

Another benefit of travel credit cards is that the reward redemptions are typically geared towards travel. While some cards allow you to redeem for statement credit, most give the best redemption rates when you use your points, miles or cash back to purchase flights or hotel stays.

While this can differ from card to card, most travel credit cards have a generous expiration policy. This allows you to accumulate rewards and spend them when you’re ready to travel.

While you may want to earn rewards for travel purchase, there are only a few travel credit cards that offer good reward tiers for other types of spending. This means that you’ll earn a very basic level of reward, if any for everyday purchases. If you're looking for a premium card with everyday spending benefits, compare the Amex Gold with the Chase Reserve card.

As we touched on above, the best travel credit card reward packages are only available to those with excellent credit. If you have less than excellent credit, you may need to lower your expectations and compromise on the rewards package.

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