I’m always on the lookout for money savers, and that includes the best money saving credit cards for travelers. Consumer Reports recently reported the best credit cards for wise travelers… I don’t want to keep all that wisdom to myself, so here you go!
When does Consumer Reports suggest using an airline card?
Choose an airline card if you are generally loyal to one airline and fly regularly. The three best rated cards by Consumer Reports.
- Delta’s American Express Gold Card
- Southwest Airlines Rapid Rewards Visa Card
- US Airways Dividend Miles Mastercard
When does Consumer Reports suggest using a bank card?
Consumer Reports says a bank card is better for those who fly infrequently and/or are not airline loyal. Some advantages to bank cards for these travelers are that points don’t expire, points usage is not subject to blackout dates, and rewards can be used on any carrier. Most cards, including Consumer Reports’ three highest rated, waive fees the first year.
- American Express Premier Rewards Gold Card
- Chase Sapphire Preferred Mastercard or Visa
- PenFed Premium Travel Rewards American Express Card
How do I decide which card to use?
We review our cards annually to decide which is the best fit. We don’t change cards that often — hardly ever. But when we make a major shift (outgrowing the toy buying stage, for example), changing rewards cards makes sense.
Please don’t apply for a credit card or to switch from your current card just because I shared this information. Honestly, I don’t know your travel habits or how you spend money. Compare cards and decide which, if any, would be a better fit for you than cards you use now.
If having a credit card encourages you to spend more than you make, then don’t carry any credit cards! We have enough debt — and if credit cards inspire you to spend, then skip the cards altogether.
You might also like these articles on credit cards and travel rewards points:
- How and When to Notify Bank of Travel Plans
- Maximizing Travel Card Rewards
- Travel Insurance: Yes or No?
Have you ever used travel card reward points to pay for vacation? How’d it go?