Best Travel Credit Card 2020

Best Travel Rewards Credit Cards for February 2020.

Best Travel Credit Card 2020. Travel credit cards offer valuable rewards (best travel rewards credit card) for all, whether you travel for business, pleasure, or both. Excellent perks like free checked bags or complimentary airport lounge access are the standard – both enticing and well worth it. From points and miles to luxury perks, these travel credit card offers from our partners are the best around.

Discover it® Miles – Best Travel Credit Card 2020

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  • 10.99% for 14 months
  • 0% for 14 months
  • 13.49% – 24.49% Variable
  • UNLIMITED BONUS: Discover will match ALL the Miles you’ve earned at the end of your first year, automatically. For example, if you earn 35,000 Miles, you get 70,000 Miles. That’s $700 towards travel! The more you earn, the more you get.
  • Earn unlimited 1.5x Miles for every dollar spent on all purchases – with no annual fee.
  • No Blackout Dates. Simply pay for travel purchases like airlines, hotels, rental cars, and more with your Discover it® Miles card.
  • Miles Pay You Back. Easily redeem Miles as a statement credit for travel purchases. Or get cash.
  • Freeze your account in seconds with an on/off switch either on the mobile app or website to prevent new purchases, cash advances, and balance transfers.
  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.

PROS

  • Simplify your rewards with a flat-rate of 1.5x Miles for every dollar spent on all purchases
  • Discover will match ALL the Miles you’ve earned at the end of your first year, automatically
  • No annual fee, no foreign transaction fees and award-winning customer service

CONS

  • There is a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
  • No ability to transfer miles to airline or hotel loyalty programs

 

Bank of America® Travel Rewards Visa® credit card – Best Travel Credit Card 2020

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  • Earn unlimited 1.5 points per $1 spent on all purchases
  • 0% Introductory APR on purchases for 12 billing cycles
  • 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening

PROS

  • Among no annual fee travel cards, this one has one of the largest sign up bonuses
  • Earn the same generous rewards rate of unlimited 1.5 points per $1 spent on all purchases
  • No foreign transaction fees and flexible redemption options

CONS

  • There’s no intro APR on balance transfers
  • You will need Excellent/Good credit to qualify for this card

 

Capital One® VentureOne® Rewards Credit Card

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  • 20,000 miles with minimum spending requirement.
  • 1.25 Miles per dollar on every purchase, every day
  • $0 Balance Transfer Fee, $0 annual fee, and no foreign transaction fee.

PROS

  • Top tier travel perks like the ability to transfer miles to travel partners, while you pay no annual fee
  • Earning is easy with unlimited 1.25 Miles per dollar on every purchase, every day – no caps and no restrictions
  • Traveling overseas is a breeze thanks to no foreign transaction fees and worldwide Visa acceptance

CONS

  • There is no intro APR on balance transfers
  • The sister card, Capital One® Venture® Rewards Credit Card, offers a higher rewards rate and bigger bonus, although there is an annual fee attached

Chase Sapphire Preferred® Card – Best Travel Credit Card 2020

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  • 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
  • Earn 5X points on Lyft rides through March 2022

PROS

  • Big sign up bonus to kick-start your rewards earning
  • Flexible redemption options to stretch your points even further
  • No limit on the number of points you can earn and points don’t expire

CONS

  • The annual fee is not waived the first year
  • The spending threshold to earn the sign up bonus is a bit higher than some other cards

Capital One® Quicksilver® Cash Rewards Credit Card – Best Travel Credit Card 2020

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  • 1.5% Cash Back on every purchase, every day
  • 0% intro on balance transfers for 15 months & 0% intro on purchases for 15 months
  • $150 Cash Back after you spend $500 on purchases within 3 months from account opening

PROS

  • Unlimited 1.5% cash back on purchases with no restrictions, confusing categories or spending caps
  • Lengthy intro APR of 0% for 15 months on purchases and balance transfers
  • No annual fee, no foreign transaction fees, an no minimums for redeeming cash back

CONS

  • Some cards offer more than 1.5% cash back, although they typically come with restrictions
  • For balance transfers you will be charged a fee of 3%

 

Discover it® Miles

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  • 10.99% for 14 months
  • 0% for 14 months
  • 13.49% – 24.49% Variable
  • UNLIMITED BONUS: Discover will match ALL the Miles you’ve earned at the end of your first year, automatically. For example, if you earn 35,000 Miles, you get 70,000 Miles. That’s $700 towards travel! The more you earn, the more you get.
  • Earn unlimited 1.5x Miles for every dollar spent on all purchases – with no annual fee.
  • No Blackout Dates. Simply pay for travel purchases like airlines, hotels, rental cars, and more with your Discover it® Miles card.
  • Miles Pay You Back. Easily redeem Miles as a statement credit for travel purchases. Or get cash.
  • Freeze your account in seconds with an on/off switch either on the mobile app or website to prevent new purchases, cash advances, and balance transfers.
  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.

PROS

  • Simplify your rewards with a flat-rate of 1.5x Miles for every dollar spent on all purchases
  • Discover will match ALL the Miles you’ve earned at the end of your first year, automatically
  • No annual fee, no foreign transaction fees and award-winning customer service

CONS

  • There is a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
  • No ability to transfer miles to airline or hotel loyalty programs

 

Chase Freedom Unlimited® – Travel credit cards

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  • 0% Intro APR on Purchases for 15 months & 0% Intro APR on Balance Transfers for 15 months
  • $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn unlimited 1.5% cash back on all purchases

Capital One® Venture® Rewards Credit Card – Travel credit cards

 

best travel credit card

 

  • 50,000 Miles once you spend $3,000 on purchases within 3 months from account opening
  • 2 Miles per dollar on every purchase, every day
  • Fly any airline, stay at any hotel, anytime; no blackout dates
  • $0 intro for first year; $95 after that
  • Excellent, Good
  • Visa®
  • Why it’s the best travel credit card for no annual fee: With the VentureOne, you’re earning Capital One miles on every purchase, with no annual fee.
  • Current bonus: 20,000 bonus miles after you spend $1,000 on purchases within the first three months.
  • Rewards rate: Earn 1.25x miles on every purchase
  • Travel benefits: Compared to the Venture, this card doesn’t have any perks such as travel credits. However, that’s to be expected with a no annual fee card. You do get valuable protections, including travel accident insurance, lost luggage reimbursement, purchase security and extended warranty.
  • Annual fee: $0
  • Why it’s worth it: If you are a beginner traveler spending less than $12,667 a year, this is a great starter credit card for earning miles. You’re earning Capital One miles, which TPG values at 1.4 cents each, and you can redeem them as a statement credit or you can transfer to one of Capital One’s airline and hotel transfer partners. If you decide that you would like the added earning capabilities and perks of the Venture, you can always request an upgrade down the line.

HIGHLIGHTS

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn 2X miles on every purchase, every day.
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
  • Miles won’t expire for the life of the account and there’s no limit to how many you can earn
  • Named ‘The Best Travel Card’ by CNBC, 2018
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that

PROS

  • Simplify your rewards with a flat-rate of 2 Miles per dollar on every purchase, every day
  • Industry-leading flexibility for travel redemptions – choose between statement credits or transfering miles
  • The hefty sign up bonus allows you to take to the skys even sooner

CONS

  • No intro APR on purchases or balance transfers
  • There is a $95 annual fee after the first year, although the rewards tend to outweigh the cost of the fee

Further readingCapital One Venture Rewards Credit Card Review

wells fargo propel american express card - best travel credit card
  • Rewards Rate: Earn 3X points on eating out, ordering in and popular streaming services, 3X points on gas stations, rideshares and transit, and 3X points on travel including flights, hotels, homestays and car rentals. Earn 1X points on other purchases. Best travel rewards credit card.
  • Introductory APR: 0% for 12 months on purchases and qualifying balance transfers
  • Ongoing APR: 15.49%-27.49% (Variable)

Further reading: Wells Fargo Propel Review

About Cards:

https://fintechzoom.com/best-prepaid-cards-2020

Best Credit Cards for Bad Credit 2020

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Travel credit cards. best travel rewards credit card.