Best Business Credit Cards- WHI

You earn two points per dollar spent on travel and dining. You also earn a 25% bonus when you use the points for travel through Chase Ultimate Rewards. The card also offers lost luggage insurance, travel insurance and one-to-one point transfers to its partner hotel and airline programs.

New card members can also Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®.

The card does charge a $95 annual fee, but it’s worth it if you travel even a modest amount each year. For more frequent travelers, check out the Chase Sapphire Reserve® later in this article. You can read our full review of the Chase Sapphire Preferred here.

It’s hard to pick the “best” travel credit card. What’s best for one person might not be best for another. A lot depends on how frequently you travel, if you are loyal to a single airline or hotel, and your non-travel purchases on a credit card. With those caveats aside, we think the Chase Sapphire Preferred® Card is the best all purpose travel credit card.

You earn two points per dollar spent on travel and dining. You also earn a 25% bonus when you use the points for travel through Chase Ultimate Rewards. The card also offers lost luggage insurance, travel insurance and one-to-one point transfers to its partner hotel and airline programs.

New card members can also Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®.

The card does charge a $95 annual fee, but it’s worth it if you travel even a modest amount each year. For more frequent travelers, check out the Chase Sapphire Reserve® later in this article. You can read our full review of the Chase Sapphire Preferred here.

Rewards: Earn 2 miles per dollar spent on all purchases made with your card, as well as 5 miles per dollar on hotel and rental car bookings made through Capital One Travel.

Annual Fee: $0 intro for first year; $95 after that

Bonus Offer: Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening

Other Benefits and Drawbacks: In addition to the fact that you can redeem your miles for any travel purchase made with this card, you can also transfer miles to airline partners including Air Canada, Air France, Singapore Airlines and others. You’ll also get a $100 credit toward Global Entry or TSA Precheck membership and this card comes with no foreign transaction fees.

The only real downside of this card is the fact that, other than earning 5 miles per dollar on hotel and rental car bookings made through Capital One, there aren’t many ways to maximize your rewards.

Also note that this card’s airline partners are mostly international carriers that may be difficult for domestic flyers to use, and that the transfer ratio is 2:1.5 with most airlines (meaning you only get 1.5 airline miles for each 2 Capital One miles you transfer) with the exception of Emirates and Singapore Airlines, which have a 2:1 transfer ratio—even worse.

Rewards: Earn 2 miles per dollar spent on all purchases made with your card, as well as 5 miles per dollar on hotel and rental car bookings made through Capital One Travel.

Annual Fee: $0 intro for first year; $95 after that

Bonus Offer: Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening

Other Benefits and Drawbacks: In addition to the fact that you can redeem your miles for any travel purchase made with this card, you can also transfer miles to airline partners including Air Canada, Air France, Singapore Airlines and others. You’ll also get a $100 credit toward Global Entry or TSA Precheck membership and this card comes with no foreign transaction fees.

The only real downside of this card is the fact that, other than earning 5 miles per dollar on hotel and rental car bookings made through Capital One, there aren’t many ways to maximize your rewards.

Also note that this card’s airline partners are mostly international carriers that may be difficult for domestic flyers to use, and that the transfer ratio is 2:1.5 with most airlines (meaning you only get 1.5 airline miles for each 2 Capital One miles you transfer) with the exception of Emirates and Singapore Airlines, which have a 2:1 transfer ratio—even worse.