Travelling with your family is an amazing experience, but it can also be quite expensive. Fortunately, there’s a solution that can help you save money while still enjoying the benefits of travelling with your loved ones; a travel credit card.
With so many options available, it can be difficult to choose the best travel credit card for your family. In this article, we will guide you through the best travel credit cards for families, covering their features, benefits, and drawbacks, so you can make an informed choice.
Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is one of the best travel credit cards for families. With this card, you can earn 2x points per dollar spent on travel and dining, and 1x point per dollar spent on all other purchases. Additionally, you’ll receive 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening, which is worth $750 towards travel when redeemed through Chase Ultimate Rewards®.
Other benefits include no foreign transaction fees, trip cancellation/interruption insurance, and auto rental collision damage waiver. The annual fee is $95, which is waived for the first year.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is another great option for families. With this card, you can earn unlimited 2x miles per dollar on every purchase, every day. You can redeem your miles for travel, cash back, gift cards, and more.
Additionally, you’ll receive 60,000 bonus miles after you spend $3,000 on purchases within the first 3 months from account opening, which is worth $600 in travel. Other benefits include no foreign transaction fees and travel accident insurance.
The annual fee is $95, which is waived for the first year.
Bank of America Travel Rewards Credit Card
The Bank of America Travel Rewards Credit Card is a great option for families who want to avoid annual fees. With this card, you can earn unlimited 1.5 points per dollar spent on all purchases, and you can redeem your points for statement credits to cover travel purchases.
Additionally, you’ll receive 25,000 bonus points after you spend $1,000 on purchases within the first 90 days from account opening, which is worth $250 in travel. Other benefits include no foreign transaction fees and travel accident insurance.
FAQ
Question | Answer |
What is a travel credit card? | A travel credit card is a credit card that rewards you with points or miles for your travel purchases. You can redeem these points or miles for travel-related expenses such as flights, hotels, and rental cars. |
Do travel credit cards have annual fees? | Some travel credit cards do have annual fees, but there are also many options available that don’t have annual fees. |
What should I look for in a travel credit card for families? | When choosing a travel credit card for families, you should look for a card that offers rewards on purchases that your family typically makes, such as travel and dining. You should also look for a card that offers travel-related benefits such as no foreign transaction fees, trip cancellation/interruption insurance, and auto rental collision damage waiver. |
In conclusion, the best travel credit card for families will depend on your specific needs and preferences. However, the Chase Sapphire Preferred Card, Capital One Venture Rewards Credit Card, and Bank of America Travel Rewards Credit Card are all great options to consider. By using a travel credit card, you can save money on your family’s travel expenses and enjoy more opportunities to travel together.