If you plan on seeing the world this year, one of the best ways to do it is by utilizing travel rewards points to save money on airline tickets and hotel stays. Some of the best travel rewards credit cards offer their customers high sign-up points and concierge services to book vacations. Here are three of my favorite cards for 2015.
Gold Delta SkyMiles Credit Card by American Express
This card is best used for international travelers. For some reason, the domestic point redemption seems a bit unreasonable…like it’s much higher than redemption for international destinations. Besides that minor setback, the Gold Delta SkyMiles Credit Card offers 30,000 bonus miles upon sign-up and will provide a $50 statement credit after spending $1,000 on your credit card in the first three months of the account. Other benefits include a free checked bag on Delta Flights, Priority Boarding on Delta Flights, Double Reward earnings when you purchase a Delta ticket, and discounted Delta Sky Club access for up to three people! In addition, you can expect to save anywhere from 10 to 20% on hotel stays and car rental services making this card a good investment for new travelers.
Some of the setbacks are probably apparent, like most of the rewards are tied to using a specific airline. Another turn-off for most folks is the annual fee of $95 (it’s free for the first year), but that is pretty common of most travel rewards cards.
For more information on the Delta SkyMiles card, visit https://www304.americanexpress.com/credit-card/delta-skymiles.
Chase Sapphire Preferred Credit Card
The Chase Sapphire Preferred Credit Card is quickly becoming the “go-to” card for frequent travelers and millennials. This card offers 40,000 bonus points when approved for an account, as long as you spend $4,000 on your card in the first three months. That’s essentially $500 towards airfare or hotel accommodations!!! You earn 2 points for every $1 spent on travel and restaurants. You can expect to earn 1 point for each $1 of net purchases for all other spending categories and can save up to 20% for booking your vacation through Chase’s portal for members (cha-ching!). And did I mention they do not charge foreign transaction fees?
The annual fee for this card is also $95, with the first year for new cardholders being free.
For more information on the Chase Sapphire Preferred Credit Card, visit https://applynow.chase.com/FlexAppWeb/pricing.do?card=FBW9&page_type=appterms.
Navy Federal Signature CashRewards
This is my absolute favorite card because it has absolutely no annual fees, but you can still book your vacations and receive a discount. The Navy Federal Signature CashRewards credit card offers its members a concierge service and the ability to earn cash back for your purchases. You can still expect hotel and enterntainment discounts, but with a lot less fuss of other rewards cards. While this is not a traditional travel card, you can expect to have all the other benefits of one without the annual fees. The only setback is that you do not earn any travel rewards points (but you do receive cash back) and you must be a member of Navy Federal Credit Union to apply for the card…which is not a bad thing at all!
Visit www.navyfederal.org for more information on becoming a member and applying for the Signature CashRewards credit card.
So if you’re planning a trip for 2015 and looking for a credit card, consider any of these three cards! You’ll thank me for it! Happy travels.