A solid travel rewards credit card for frequent travelers should let you earn unlimited rewards on your travel purchases, a bonus if it also lets you earn unlimited rewards on your everyday purchases the likes of gas, groceries, dining, shopping and more.
While each credit card is different, you want to shoot for one that offers special travel perks in addition to rewarding you with rewards points, miles or cash back when you charge your purchases to your credit card.
Are you someone who travels regularly? Like it or not, credit cards are not all created equal and frequent travelers do better with certain types of credit cards than others.
If you happen to travel for work or leisure on the regular, you would want your credit cards to come with certain tangible built-in benefits such as travel accident insurance, trip delay or cancellation protection, 24/7 travel assistance services, auto rental collision damage waiver, VIP lounge access, travel fee credit, no foreign transaction fees and more.
The above-mentioned travel perks are, of course, not exhaustive. Depending on the credit card you hold, the specific benefits and perks you have access to will vary. So, do your homework and compare credit cards before settling for one that best suits your needs and budget - some travel credit cards come with annual fees while others do not.
In general, top-tier credit cards that offer the most tangible and valuable travel perks often come with annual fees and are reserved for consumers with excellent or at least good credit. If you truly travel a lot and you qualify for top-tier travel rewards credit cards, the annual fee could be well worth paying for - especially if you consider the amount of money you can potentially save from not needing to pay for TSA PreCheck/Global Entry, VIP airport lounge access, travel accident insurance and foreign transaction fees etc.
That said, there are also rewarding travel credit cards that have no annual fees, such as Bank of America® Travel Rewards Visa® credit card - 25,000 Bonus Points Offer, Wells Fargo Propel American Express® card, Capital One® VentureOne® Rewards Credit Card, and Delta SkyMiles® Blue American Express Card.