Travel Rewards Credit Cards – Summer 2021

Editor’s Note: An up to date version of this article can be found here.

Many of the travel rewards credit cards can earn you discounted or even free airfare, discounts on hotel stays and the rewards can even be redeemed for cash or gift cards. Besides saving money with the low intro APR and no annual fees, these travel reward cards can truly benefit the frequent traveler, as well as the consumers who travel for business or pleasure. There are several excellent choices in travel rewards credit cards in circulation today, below are some that rise above the rest.

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1. Escape by Discover® Card

You may have seen on our best credit cards 2010 page that our top choice for a travel rewards credit card is Escape by Discover® Card. This card allows you to earn unlimited double miles every month – 2 points for ever dollar you spend. The difference between this card and Miles by Discover is that there is no cap on the amount of double miles you earn and you earn double miles on ALL purchases. The downside to this card for some is there is a $60 annual fee* associated with it, however if you use the card frequently it will pay for itself rather quickly.

Advantages
  • Earn unlimited double miles on all purchases.
  • Flexible rewards program, redeem miles for airline tickets, cash or gift cards.
  • Low APR for those with good credit.

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2. Miles by Discover® Card

With the Miles by Discover® Card, you can earn 12,000 bonus miles- 1,000 bonus miles each month you make a purchase for your first year. This is also one of the best travel reward cards available with no annual fee. However as I mentioned above, with this card you only earn double miles on the first $3000 you spend on travel and restaurant purchases – after that you earn 1 mile for ever dollar spent. Book through your favorite airline and travel whenever you want, because there are no blackout dates when booking with this card.

3. Blue Sky from American Express

The Blue Sky from American Express is another excellent travel rewards credit card which will allow you to earn reward points that are unlimited and have no expiration. When you use this card to book online, you will earn double points and will receive a full statement credit for your travels. You will also be insured for such mishaps such as rental car damage and loss providing accidental death and dismemberment up to $100,000. Additionally, there is no annual fee and an intro APR of 0% for the first 12 months.

4. Citi Diamond Preferred Rewards Card

With the Citi Diamond Preferred Rewards Card you earn Thank You points for an extensive travel savings. For every dollar that you spend on items at the grocery store, gas station and drug store, you will earn 5 Thank You points. These points can be redeemed when booking travel packages with any airline that you wish, however, when you book online using the Expedia portal you can book a fixed flight package for as little as 25,000 points. You can fly anywhere and anytime because there are no restrictions. The Citi Diamond Preferred Rewards Card offers an outstanding reward system, as well as no annual fees to pay, which makes this an excellent travel rewards credit card.

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