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If you’re aiming to get away this summer, you’ve likely seen that the prices of nearly everything related to travel are on the rise. From airline tickets and hotel rooms, to the gas you’ll need on a road trip and airline fuel, every part of the experience is becoming more expensive, forcing some Americans to stay home altogether.
At the same time, Americans are eager to get out and travel again more than two years into the ongoing pandemic, so what’s the solution?
With a little planning, travel rewards credit cards can help you save a ton of money on your long-awaited adventures. Between the points and miles you’ll earn and the travel-related insurance and protection benefits that come with many of the cards, these types of credit cards can help make your next trip much more affordable. Many also offer cardholder perks such as transferable points, which you can put toward free (or nearly free) flights and hotel stays with your card’s travel partners, some may offer a set number of free nights you can enjoy once you meet the minimum spending requirement.
Below, Select details how you can use a travel rewards credit card — or several — to help you save money on this year’s summer vacation.
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Score a welcome bonus as a new cardholder
Credit card issuers are coming out swinging with large welcome bonuses to meet the rising demand for travel. Here’s a look at some lucrative offers that are currently available to new cardholders:
- Chase Sapphire Preferred® Card: Earn 60,000 Chase Ultimate Rewards® points after spending $4,000 in the first three months from account opening — that’s $750 worth of travel when you book through the Chase Ultimate Rewards travel portal.
- Marriott Bonvoy Bold™ Credit Card: Earn five free nights, instead of the usual three, with each night being eligible for a redemption of up to 50,000 Marriott Bonvoy points, after you spend $5,000 within the first three months of opening your account.
- Three of Hilton’s co-branded credit cards — the Hilton Honors American Express Surpass® Card, the Hilton Honors American Express Card and the Hilton Honors American Express Business Card — are offering raised welcome bonuses: 130,000 points …….
Source: https://www.cnbc.com/select/how-a-travel-credit-card-can-be-valuable-this-summer/