4 BEST TRAVEL CREDIT CARDS For Beginners 2020 (How To Travel For Free!)

Mark Reese // Credit & Finance

Mark Reese // Credit & Finance

August 18th, 2020

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Using credit cards to travel for free is a LOT OF FUN and allow you to save money on travel in a BIG way! Click "Show More" to see Ad Disclosure. šŸ’³šŸ‘‰VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers šŸ› RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ā€¼ļø GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull In short, there are 4 major credit card point systems that offer HUGE flexibility. They are: - Chase Ultimate Rewards - Citi ThankYou Points - American Express Membership Rewards - Capital One Venture Rewards Now, let’s talk about the 4 credit cards that each of these banks offer that allow beginners to break into these ecosystems for massive savings! FIRST is the Chase Sapphire Preferred card. It allows you to earn 2X points on travel, 2X points on dining, and 1X points on everything else. It also comes with 1 year of DashPass membership and the ability to earn 5X points on Lyft rides at least through March 2022. There are no foreign transaction fees, and the card has an annual fee of $95. The value of one Ultimate Rewards point averages 2Ā¢ each when redeemed for travel via transfer partners, 1.25Ā¢ each when redeemed directly on Chase’s travel portal, and 1.0Ā¢ each for cash back. In case you're wondering...YES...the Chase Sapphire Preferred card is a metal credit card :-) The current Chase Ultimate Rewards transfer partners are: Aer Lingus, AerClub British Airways Executive Club Emirates Skywards Flying Blue Air France KLM Iberia Plus JetBlue TrueBlue Singapore Airlines KrisFlyer Southwest Airlines Rapid Rewards United MileagePlus Virgin Atlantic Flying Club IHG Rewards Club Marriott Bonvoy World of Hyatt SECOND is the Citi Premier card. It allows you to earn 3X points on airfare and hotels, 3X points on restaurants, 3X points on supermarkets, 3X points at gas stations, and 1X points on everything else. It comes with an annual $100 hotel credit and does NOT charge foreign transaction fees. The annual fee is $95. The average value of Citi ThankYou points is 1.7Ā¢ each toward travel via transfer partners, 1.0Ā¢ each toward travel via Citi’s portal, and 0.5Ā¢ each for cash back. The current Citi ThankYou transfer partners are: Aeromexico Asia Miles Avianca Lifemiles Emirates Skywards Etihad Guest EVA Air Flying Blue Air France KLM JetBlue TrueBlue JetPrivilege Malaysia Airlines Enrich Quantas Frequent Flyer Qatar Privilege Club Singapore Airlines KrisFlyer Thai Royal Orchid Plus Turkish Airlines Miles & Smiles Virgin Atlantic Flying Club THIRD is the American Express Green Card. You’ll earn 3X points on travel, 3X points on restaurants, 3X points on transit, and 1X points on everything else. It comes with an annual $100 CLEAR credit and an annual $100 LoungeBuddy credit. In short, CLEAR helps you get through airport security faster, and LoungeBuddy gets you into airport lounges. Check out the links below to learn more about them. The Amex Green Card has an annual fee of $150. CLEAR: https://www.clearme.com LoungeBuddy: https://www.loungebuddy.com The value of 1 Membership Rewards point averages 2.0Ā¢ each when redeemed for travel via transfer partners, 1.0Ā¢ each when redeemed on the Amex Travel portal, and 0.6Ā¢ each for cash back. The current Amex Membership Rewards transfer partners are: Aer Lingus Aer Club Aeromexico Air Canada Air France KLM Flying Blue Alitalia Millemiglia ANA Mileage Club Asia Miles Avianca Lifemiles British Airways Delta SkyMiles El Al Israel Airlines Emirates Skywards Etihad Guest Hawaiian Airlines Iberia Plus JetBlue TrueBlue Quantas Frequent Flier Singapore Airlines KrisFlyer Virgin Atlantic Choice Hotels Hilton Honors Marriott Bonvoy FOURTH is the Capital One Venture card. It earns 2X points on everything and comes with a $100 credit that can be used toward TSA Pre-Check or Global Entry. There are no foreign transaction fees, and the card has an annual fee of $95. The value of 1 Capital One Venture Rewards point is about 1.4Ā¢ each when redeemed via transfer partners, 1.0Ā¢ each for travel-related statement credits, and 0.5Ā¢ each for cash back. The current Capital One transfer partners are: Aeromexico Air Canada Alitalia Asia Miles Avianca LifeMiles Emirates Skywards Etihad Airways EVA Air Finnair JetBlue TrueBlue Quantas Frequent Flyer Singapore AKrisFlyer Accor Hotels (Accor Live Limitless) Wyndham Hotels (Wyndham Rewards) Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #travelcreditcards #travelforfree
Mark Reese // Credit & Finance

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