Best travel credit cards of January 2023

Capital One Venture Rewards Credit Card: Best overall travel card

• What we love about the Venture Rewards card: It offers an easy way to earn travel rewards and comes with a generous sign-up bonus and several travel and purchase protections. The annual fee is a modest $95, which will appeal to a broad range of travelers who don’t need a luxury experience. 
• Who this card is good for: Travelers who want to earn flat-rate rewards on all of their purchases but want to maintain flexibility in how they redeem their miles.
• Travel benefits: Get an up to $100 credit for Global Entry or TSA PreCheck®, transfer your miles to 15+ loyalty programs and earn 5X miles on hotels and rental cars booked through Capital One Travel.
• Alternatives: You could squeeze a lot more value out of your points with the Chase Sapphire Preferred card, which offers bonus rewards in everyday spending categories and the chance to up the value of your rewards by 25 percent when you redeem for travel through Chase.

Learn more: Why expert Jacqueline DeMarco loves the Capital One Venture Rewards Credit Card.
Read our full Capital One Venture Rewards Credit Card review or jump back to offer details.

Wells Fargo Autograph Card: Best for no annual fee + boosted rewards

• What we love about the Wells Fargo Autograph Card: It earns a solid rewards rate for purchases in popular categories like gas stations, restaurants, travel and transit. And while some issuers only reward travel purchases made directly with airlines or through issuer portals, this card lets you shop around for the best deal on third-party travel sites and still extra rewards.
• Who this card is good for: This card is a good choice if you’re new to travel rewards or just want a low-cost card with a simple rewards program that covers your dining and travel purchases.
• Travel benefits: This card charges no foreign transaction fees and comes with valuable perks like rental car coverage, roadside assistance and Visa Signature benefits, which opens the door to additional features like access to Visa’s Luxury Hotel Collection.
• Alternatives: If you’re looking for ways to maximize the value of your rewards, you should consider a travel card that lets you transfer your points to airlines or hotels, like the Bilt Mastercard or Chase Sapphire Preferred Card.

Learn more: Wells Fargo Autograph benefits guide.
Read our full Wells Fargo Autograph card review or jump back to offer details.

Capital One VentureOne Rewards Credit Card: Best for flexible travel miles with no annual fee

• What we love about the VentureOne Rewards card: This entry-level travel rewards card comes with a nice sign-up bonus, the chance to earn unlimited miles, and a good amount of travel and purchase protections.
• Who this card is good for: Beginner and occasional travelers looking for flexibility and savings. Cardholders don’t need to worry about maximizing rewards to offset an annual fee or travel rewards redemption restrictions.
• Travel benefits: You can transfer your miles to over 15 loyalty programs, redeem them for travel through the Capital One Travel portal or use them to cover outside travel purchases—a unique level of redemption flexibility for a travel rewards card.
• Alternatives: A general-purpose flat-rate credit card that offers 2X points or 2 percent cash back on all purchases may bring more value if you don’t travel often and aren’t ready to upgrade to a travel rewards credit card with an annual fee.

Learn more: Reasons to get the VentureOne Rewards Card.
Read our full Capital One VentureOne Rewards Credit Card review or jump back to offer details.

Chase Sapphire Preferred Card: Best for mid-level travel perks

• What we love about the Sapphire Preferred card: For a $95 annual fee, this card is packed with features. On top of an outstanding sign-up bonus, you get travel and purchase protections, as well as a rewards program that earns points, not only on travel purchases but also on everyday purchases like groceries and streaming services.
• Who this card is good for: This is a great travel card for anyone willing to put in a bit of work to get the maximum value out of their rewards. Be sure to take advantage of Chase’s hotel or airline transfer partners or book your travel through the Chase Ultimate Rewards online portal, where points are worth 25 percent more value.
• Travel benefits: Redeem points for airfare, hotels, car rentals and cruises through the Chase Ultimate Rewards portal to get a 25 percent boost to the value of your points. Additionally, a $50 hotel credit further curbs your expenses while you earn 5X points on travel through Chase Ultimate Rewards.
• Alternatives: Travelers who dine at restaurants regularly or cook at home both benefit from rewards rates available on the Citi Premier Card. It has a comparable sign-up bonus and the same annual fee as the Sapphire Preferred, but also earns 3X points for purchases at gas stations, air travel and hotels.

Learn more: Why expert Jordan Bishop loves the Chase Sapphire Preferred Card.
Read our full Chase Sapphire Preferred Card review or jump back to offer details.

Capital One Venture X Rewards Credit Card: Best value for premium travel

• What we love about the Venture X card: This card offers top-of-the-line benefits, including complimentary lounge access and a high rewards rate for both travel and non-travel purchases. It also comes with a fairly affordable annual fee compared to other luxury travel cards on the market.
• Who this card is good for: Travelers looking to sample luxury benefits without paying a huge annual fee. The premier perks you’ll get with this card aren’t quite as luxurious as those found with other premium travel cards, but Venture X’s annual fee is far more modest and can be quickly offset thanks to an annual credit and anniversary miles bonus.
• Travel benefits: The card includes up to $300 back annually as statement credits for travel bookings made through Capital One Travel. You also get access to over 1,300 Priority Pass lounges worldwide.
• Alternatives: The Platinum Card® from American Express is for frequent travelers looking for the best of the best when it comes to premium travel experiences. From an impressive sign-up bonus and annual credits to luxury lounge access and everyday benefits, this card packs it all in.

Learn more: Why expert Ana Staples loves the Capital One Venture X Card.
Read our full Capital One Venture X Rewards Credit Card review or jump back to offer details.

The Platinum Card from American Express: Best for luxury travel

• What we love about the Amex Platinum card: With a $695 annual fee, the Amex Platinum card doesn’t come cheap. But it will be worth it for those who can take advantage of all the high-value benefits packed in this card. That includes a welcome offer, annual statement credits worth well over $1,000, and complimentary access to the expansive American Express Global Centurion Lounge Collection.
• Who this card is good for: Frequent travelers who enjoy luxury travel benefits and elite status with select hotels.
• Travel benefits: Take advantage of an up to $200 airline fee credit, up to $200 in Uber Cash, an up to $189 CLEAR® credit and a host of other non-travel credits that more than make up for the card’s annual fee as part of the Amex Platinum’s expansive benefit offerings. Plus, you’ll earn 5X points for flights booked directly with airlines or with American Express Travel (up to $500,000 on these purchases per calendar year).
• Alternatives: Thanks to the Capital One Venture X card, it’s possible to get a taste of luxury for far less than the cost of the Amex Platinum card. For $395, travelers get a card packed with high bonus rewards categories, a higher base rewards rate, complimentary lounge access, as well as travel credit and anniversary miles.

Learn more: Why expert Holly Johnson loves the Platinum Card® from American Express.
Read our full The Platinum Card from American Express review or jump back to offer details.

Bank of America Premium Rewards credit card: Best Bank of America travel card

• What we love about the Premium Rewards card: The one-time sign-up bonus and annual chance to earn up to $200 in travel statement credits enhance the value of this easy travel rewards credit card.
• Who this card is good for: Frequent travelers who are also Bank of America Preferred Rewards members. Eligible Bank of America customers can boost their rewards rate by up to 75 percent based on the size of their accounts.
• Travel benefits: Receive up to $100 in Airline Incidental Statement Credits annually as well as TSA PreCheck®/Global Entry Statement Credits of up to $100 every four years.
• Alternatives: The Capital One Venture Rewards card might be a safer bet. The bigger sign-up bonus, higher flat rewards rate, and supersized hotel and rental car bonus categories come packed in a card with great travel benefits and flexible redemption options.

Learn more: Why expert Sara Coleman loves the Bank of America Premium Rewards Card.
Read our full Bank of America Premium Rewards credit card review or jump back to offer details.

Discover it Miles: Best for earning unlimited miles

• What we love about the Discover it Miles: Discover will match every Mile you’ve earned at the end of your first year as a cardholder. It’s like essentially earning 3X Miles instead of 1.5X Miles during your first year.
• Who this card is good for: Travelers who want simplicity. There are no complex redemption programs and cardholders are free to redeem rewards for statement credits they can apply to recent travel purchases.
• Travel benefits: Earn miles for every purchase you make whether it’s travel related or not. You’ll also benefit from Discover’s 99 percent acceptance rate nationwide, making it an ideal choice for the traveler who ventures to a variety of places. Also, redeem your miles as cash or as a statement credit to cover travel purchases.
• Alternatives: The Capital One VentureOne Rewards Credit Card won’t make you wait as long as the Discover it Miles to earn your sign-up bonus. The VentureOne card also has more than a dozen transfer partners, which can help increase the value of the rewards you earn.

Learn more: Why expert Holly Johnson loves the Discover It Miles Card.
Read our full Discover it Miles review or jump back to offer details.

Bank of America Travel Rewards credit card: Best for qualifying travel purchases

• What we love about the Bank of America Travel Rewards card: Unlike other travel rewards cards, this card counts more than just airfare and hotel rooms as travel. You can redeem points for statement credits to cover purchases at zoos, art galleries, aquariums, travel agencies and more.
• Who this card is good for: Occasional travelers looking for a no-annual-fee travel card that offers a simple flat rate for all purchases.
• Travel benefits: Points don’t expire and you can book any airline, any hotel any time without blackout dates. You can also flexibly redeem points for statement credits to pay for travel or dining purchases like flights, hotel stays, car and vacation rentals, as well as restaurant and take out purchases.
• Alternatives: The Bilt Mastercard® not only earns points on rent payments and helps you avoid processing fees, but also boasts an impressive travel rewards program. You’ll earn bonus points for dining and travel, plus double points on all non-rent purchases for 24 hours on the first of every month (on up to 10,000 bonus points). That’s an impressive 6X points on dining, 4X points on travel and 2X points on all other non-rent purchases. And unlike with other no-annual-fee travel cards, you can transfer your points to one of the card’s many high-value transfer partners.

Learn more: Is the Bank of America Travel Rewards card worth it?
Read our full Bank of America Travel Rewards credit card review or jump back to offer details.

American Express Gold Card: Best for travel rewards on dining

• What we love about the Amex Gold Card: Amex gives users plenty of chances to offset the high annual fee of $250. This includes annual credits and high-earning bonus categories that will reward your spending in numerous areas, including dining, U.S. supermarkets and flights.
• Who this card is good for: Travelers who want to earn rewards for dining out and ordering in. The generous rewards rate on dining at restaurants and Uber Eats in the U.S. makes it easy for foodies to rake in a lot of points.
• Travel benefits: Receive up to $240 in annual credits combined between Uber Cash and dining credits as well as a boosted 3X points on flights booked directly with airlines or through the American Express Travel Portal.
• Alternatives: If the American Express Gold Card’s annual fee doesn’t fit your budget, consider the Chase Sapphire Preferred. It’s a great alternative because it also earns high travel and dining rewards but for a much lower annual fee.

Learn more: Is the Amex Business Gold worth it?.
Read our full American Express Gold Card review or jump back to offer details.

Citi Premier Card: Best for travel rewards on everyday purchases

• What we love about the Citi Premier: This mid-level travel card packs a punch thanks to high-earning travel- and household-related bonus categories, an annual hotel credit and a modest fee of $95.
• Who this card is good for: Occasional travelers who want to earn travel rewards for all their grocery, gas and dining purchases.
• Travel benefits: You can earn a $100 Hotel Savings Benefit when you book a single hotel stay of $500 or more through Citi online or by phone. The card also carries no foreign transaction fees.
• Alternatives: Depending on your spending habits, the Chase Sapphire Preferred may not have the everyday value of the Citi Premier, but it does outclass the Citi card when it comes to travel value, especially when you use the Chase Ultimate Rewards portal to redeem points for travel.

Learn more: Why expert Erin Gobler loves the Citi Premier Card.
Read our full Citi Premier Card review or jump back to offer details.

Chase Sapphire Reserve: Best for travel redemptions

• What we love about the Sapphire Reserve: Even with an annual fee of $550, this premium travel rewards card is in demand and for good reason. The card comes loaded with short- and long-term value, including one of the highest cash back sign-up bonuses around, annual travel credit, bonus points for travel and dining purchases and complimentary airport lounge access.
• Who this card is good for: Frequent travelers who can take advantage of the top-of-the-line travel benefits.
• Travel benefits: Earn an additional 50-percent value for your points when you redeem for travel through the Chase Ultimate Rewards portal and benefit from 1:1 point transfer with leading airline and hotel loyalty programs. Chase also provides access to over 1,300 airport lounges worldwide after one-time enrollment in Priority Pass™ Select. Also receive up to $100 as a statement credit every four years to cover the cost of Global Entry, NEXUS or TSA PreCheck®.
• Alternatives: Travelers who dine at restaurants regularly or cook at home both benefit from rewards rates available on the Citi Premier Card. It has a comparable sign-up bonus and the same annual fee as the Sapphire Preferred, but also earns 3X points for purchases at gas stations, air travel and hotels.

Learn more: Why expert Holly Johnson loves the Chase Sapphire Reserve Card.
Read our full Chase Sapphire Reserve review or jump back to offer details.

Credit One Bank Wander Card: Best for fair credit

• What we love about the Credit One Bank Wander Card: This is a rare credit-building card that lets you earn high rewards on travel, dining and gas purchases.
• Who this card is good for: Despite the $95 annual fee and limited perks, this card is a good fit for credit-builders looking for a hard-to-find travel card for fair credit.
• Travel Benefits: The card comes with a sign-up bonus: 10,000 bonus points after spending $1,000 in the first 90 days, redeemable for a $100 statement credit, gift cards or travel.
• Alternatives: If you don’t mind putting down a refundable security deposit, consider a no-annual-fee secured card like the Bank of America® Customized Cash Rewards Secured Credit Card*. It’s a unique secured card that lets you work on your credit score while earning rewards in a category of your choosing (with travel just one of many popular options) as well as grocery stores and wholesale clubs.

Learn more: Best travel credit cards for people with bad or fair credit
Read our full Credit One Wander Card review or jump back to offer details.

Travel credit cards allow cardholders to earn points or miles on a variety of purchases (typically travel-related), which are redeemable for travel bookings, statement credits, gift cards and more.

The best travel credit cards do more than help you foot the bill for your next flight—travel cards also offer perks to upgrade your entire travel experience. Trip insurance, annual travel credits, concierge services and lounge access are all common benefits. Airline and hotel co-branded credit cards sometimes offer specific discounts and perks for loyalty program members.

Credit card points and miles are two of the three types of credit card rewards, in addition to cash back. Credit card points and miles have slight differences but work in mostly the same way: You earn rewards by making purchases using your credit card and storing up those points for travel, gift cards and other options.

As with other types of cards, travel credit cards offer you a lot of variety to choose from. Notable features include issuer travel portals with boosted rewards value, hotel and airline loyalty status and credits for some of your favorite products and services. To zero in on which card might best fit your needs, consider the different categories of travel cards.

Although a well-chosen travel card can pay huge dividends, it might not be the right move for every traveler. Before you apply, take time to weigh the benefits versus the drawbacks of travel credit cards.

A travel credit card is almost always a good idea if you want to offset the cost of future travel. If you are able to save up airline miles, rack up points for free nights at hotels or get discounted travel through your credit card issuer, you’re on your way to saving significantly on travel costs. The right travel card will vary depending on your travel habits, but there is at least one that can fit your travel style and budget.

Still unsure if a travel credit card is right for you? Check out our Credit Card Spender Type Tool where you can get personalized credit card recommendations based on your credit score, spending habits and daily needs.

To make sure a travel card is right for you, take some time to compare it with other cards with similar features to see which provides the best value for you. This could help you avoid missing out on a card with better benefits. Here are some factors to consider as you compare travel cards.

Earning travel rewards

When comparing travel credit cards, consider the rewards each one offers along with your spending habits and goals. If you value simplicity and ease of use, a flat-rate travel card that offers the same rate for all of your purchases could be your best option.

If you’re looking to maximize your points and miles and don’t mind redeeming rewards with a particular airline or hotel brand, a co-branded airline or hotel credit card may be a good fit. But if you don’t travel frequently or want a travel card with more flexibility in how you earn and redeem rewards, look for a general-purpose travel rewards card that earns bonus points or miles for travel and your top everyday purchases.

Redeeming travel rewards

Your travel card’s redemption options and value are also worth considering when comparing cards. Most travel cards give you the best value when you use your rewards to pay for upcoming travel, typically through the issuer’s travel portal. But for greater flexibility, you may want to look at cards that offer a variety of redemption options, such as redeeming points to cover past travel purchases, which gives you the freedom to book with third-party websites.

Or you may want a card with transferable points, which lets you move your rewards over to an airline or hotel loyalty program. This could help stretch the value of your points and miles even further. Most travel cards with transfer partners charge an annual fee, but there are a few notable exceptions like the Bilt Mastercard and Capital One VentureOne card.

You’ll also want to consider the value of your points or miles, which can fluctuate based on how you redeem, including when and where you book travel. If you think you’ll want to redeem your rewards for something other than travel, like statement credits or gift cards, make sure you choose a card that offers a redemption value of at least 1 cent per point or mile for those options. Otherwise, you’re better off using cash and saving your points and miles for travel redemptions.

Travel perks

The best credit cards for travel perks come with features and benefits that make travel more rewarding. If you like to travel in style, there are cards that make it easier to reach elite status or cards that come with complimentary lounge access or travel credits worth hundreds of dollars, which can make first-class airfare or luxury hotel accommodations more affordable.

Annual fee

Comparing the annual fees and features of similar travel cards can help you quickly narrow down your options. If you don’t want to pay an annual fee for a travel card, make sure to compare no-annual-fee cash back vs. no-annual-fee travel cards to make sure you get the right card for you. Keep in mind that some credit card annual fees may be worth it if the card offers valuable perks or rewards.

Sign-up bonus

The best travel sign-up bonuses can knock anywhere from $200 to $1,000 or more off your next travel bill — but don’t just look at the size of the offer. When comparing travel cards, make sure the spend requirement fits your budget and doesn’t force you to overspend.

Travel protections

Credit card travel insurance is a feature that could save you from having to purchase standalone insurance and give you the peace of mind that you’re covered in the event something goes wrong with your trip. But the type of coverage and even the amount you receive can vary from card to card, so you’ll need to pay close attention as you compare travel cards.

Foreign transaction fees and international acceptance

If you travel overseas, check to see if the card you’re considering charges a foreign transaction fee. And since some credit cards aren’t as widely accepted as others, you’ll also want to make sure your credit card will work when traveling overseas.

Reward redemption values vary greatly, and since many airlines and hotels use dynamic pricing models that can adjust prices at a moment's notice, it can be hard to know if you’re getting a good deal.

Finding the best way to use points for travel starts with knowing how much your rewards are worth. When you know the value of your points and miles, you can make better travel decisions. Budget shoppers who use a travel card with transferable points will have a better idea of how to shop around for the best rates. Travel hackers will have an easier time knowing when to use points or save them for another trip when they’ll be more valuable.

To make sure you’re getting maximum value for your rewards, divide the cost of a plane or hotel booking in cash by its cost in points or miles. This will show you the cash value of your points or miles. Then take a look at the following points and miles valuations from Bankrate and compare the value you get with our estimate of what your points or miles should be worth on average.

Airline rewards values

*Based on weighted average of median point/mile values across economy and first/business class fares.

Hotel rewards values

*Based on median point values across budget, mid-tier and luxury hotel bookings.

Credit card program rewards values

*Based on an average of the issuer’s five highest-value transfer partners (if available).

When to use rewards vs. cash

Here’s an example: We estimate American Airlines Aadvantage miles are worth 1 cent. If you book a seat in the main cabin on a one-way flight from Boston to Miami, and it costs either $139 or 21,500 miles, your miles are only worth $0.006 ($139 / 21,500 miles = $0.006). Since your miles for this flight are worth less than 1 cent, you may want to save your miles and pay cash for this flight.

But if you book a first-class seat on the same flight for $433 or 31,500 miles, your miles are now worth $0.013 ($433 / 31,500 = $0.013). Since 1.3 cents is higher than our 1-cent baseline valuation, you’re coming out ahead if you use your miles to pay for this flight.

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With inflation curbing the value of the dollar and adding financial stress to consumers across the country, it’s worth considering some of the ways a credit card can fight inflation. 

If you’re a frequent traveler, now is a good time to redeem frequent flyer miles to help bring down the cost of airfare. There are also travel cards that earn rewards for some of the hardest-hitting categories — like gas and groceries, which can help you stockpile rewards that can be used to help you save on your travel. For more information on ways to bring down the cost of travel, check out the following guides: 

• Best credit cards for road trips
• How to travel with friends using travel rewards
• Should I purchase travel insurance?