Top Ten Credit Cards for Travel, July 2014

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All links have been removed because this list is outdated. Click here for the current list of top credit cards for travel.

There are a lot of reasons to collect miles and points.

  • For free luxury hotel stays and first class flights
  • To travel to more countries than you could otherwise afford
  • To take your family on vacation
  • To visit home for the holidays
  • To earn big rewards for everyday spending

Whatever your reason for being here, there is a rewards card or cards that suit your needs.

Since the start of last year, I’ve been to 26 countries, travel that would have been completely impossible without miles and points earned from credit cards. This has been my life thanks to miles:

  • Eating more steak than anyone should in Brazil and Argentina
  • Cliff jumping in Dubrovnik, Croatia
  • Leading an “Aussie! Aussie! Aussie!” cheer in Rod Laver Arena during the Australian Open tennis tournament in Melbourne, Australia
  • Scuba diving in the Great Barrier Reef
  • Eating Thai-hot Thai curry in Thailand at Thai prices
  • Biking in the Lake District of Patagonia in Bariloche, Argentina
  • Spending three days at Oktoberfest in Munich, Germany
  • Seeing Angkor Wat near Siem Reap, Cambodia
  • Getting some home cooking from my mom who lives 5,000 miles away
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2013 Flights

If you don’t have the money to take your dream trips, the good news is that you don’t need much money. By maximizing the sign up bonuses on rewards cards, anyone with good credit can take a dream trip anywhere in the world.

  • How can you earn rewards for the trips of your dreams?
  • What are the best credit card offers for July 2014?

1. Citi Executive / AAdvantage World Elite MasterCard

With recent devaluations to the United and Delta award charts, American Airlines miles and US Airways miles are the most valuable miles for now.

American Airlines miles are the undisputed best miles for ultra-luxury redemptions, and the miles are valuable for trips to Asia, South America, Europe, and Australia. On a recent trip, I spent 67,500 American Airlines miles for a First Class redemption from New York City to Singapore with 23 hours in Macau along the way.

Citi offers the American Airlines Executive Card with 100,000 bonus miles after spending $10k in the first three months.

Beyond the sign up bonus, cardholders also get free lounge access in American Airlines lounges worldwide.

The card has a gigantic $450 annual fee, though it is partially offset by $200 in statement credits on your first $200 in purchases on the card.

The landing page for this 100,000 mile offer has been take down, a possible sign that the deal will end soon. Here is a direct linkto the 100,000 mile offer, which does not mention the card’s bonus. Folks report applying through that page and getting the bonus. Your miles may vary.

2 and 3. Ink Plus and Ink Bold

The Inks are business cards that offer 50,000 Ultimate Rewards sign up bonuses after spending $5k in the first three months. Ultimate Rewards transfer 1:1 to United, British Airways, Korean, Southwest, Virgin Atlantic, Hyatt, Amtrak, and more.

The Inks earn 5x points on internet, phone, and cell phone bills; 5x points on purchases at office supply stores; 2x points on hotels and gas; and 1x points on everything else.

The Inks have no annual fee the first 12 months, $95 thereafter.

The Ink Bold is exactly the same as the Ink Plus except the Plus is a credit card and the Bold is a charge card. That means the Bold must be paid off in full each month, while you can run a balance on the Plus. Because of this difference, I have gotten both for the same business.

I used Ultimate Rewards (transferred to Hyatt points) to book the Grand Hyatt Macau and Ultimate Rewards (transferred to United miles) to book Slovenia-to-North Carolina in Lufthansa First Class on a recent trip.

4. US Airways Premier World MasterCard

The US Airways® Premier World MasterCard® is now offering 40,000 bonus miles after first purchase. US Airways miles are the most valuable miles right now because of how cheap business class awards are on the US Airways award chart.

The other big perks are a 5,000 mile discount on awards booked entirely on US Airways metal and a free checked bag for you and four companions on paid US Airways flights purchased with the cards.

The card earns 1 US Airways mile per dollar on all purchases and 2 miles per dollar on US Airways purchases.

There is an $89 annual fee.

US Airways has an incredible award chart to use the miles now, or they will be converted to American Airlines miles during the merger, which is a fair conversion.

This card will disappear in early 2015 when US Airways’ and American Airlines’ loyalty programs combine.

Application Link: The US Airways® Premier World MasterCard®

5. Arrival Plus

The Barclaycard Arrival PlusTM World Elite MasterCard® is a great card for families that travel in economy, since Arrival miles can be used to book any flight on any airline with no blackouts. Miles can also be redeemed for any hotel or other travel expense.

This card comes with 40,000 bonus miles after spending $3,000 in the first 90 days and earns 2 miles per dollar on all purchases.

Miles are worth 1.14 cents each, so spending $3,000 on the card in the first 90 days earns more than $500 in free flights or other travel expenses.

With this card you can book any flight on any airline at any time, or any hotel, or rental car, then redeem your miles for a statement credit equal to the cost. Here’s how.

The 40,000 bonus miles could be used on any $400 flight without the need to find award space. You would even earn miles for flying the flight, since the airline will see it as a cash ticket!

Plus you get a 10% rebate after every redemption for travel, so after redeeming the 40,000 miles for $400 in travel, you get 4,000 miles back, worth $40 more dollars.

I have used my Arrival miles on a recent trip to book a motel and domestic flights like a $150 trip from Raleigh to Tampa that would have been a poor value with traditional miles.

This card fills the gaps in a miles strategy because the rewards are perfect for cheap domestic flights or hotels that otherwise would be bad redemptions with traditional airline miles and hotel points.

There is no annual fee the first year, $89 thereafter.

Application Link: Barclaycard Arrival PlusTM World Elite MasterCard®

6. Sapphire Preferred

The Chase Sapphire Preferred is a personal card that earns 40k Ultimate Rewards after spending $3k in 3 months. Ultimate Rewards transfer 1:1 to United, British Airways, Korean, Southwest, Virgin Atlantic, Hyatt, Amtrak, and more.

You also get 5k bonus points for adding an authorized user while applying, so I think of this as a 45k bonus point card. (Adding an authorized user does not prevent that person from getting the card at the same time or in the future as a primary account holder and getting the full sign up bonus.)

The Sapphire Preferred earns 2x points on dining and travel. Dining includes bars, restaurants, and fast food. Travel includes airfare, hotels, taxis, rental cars, tolls, parking, and much more.

The other big bonus is a 7% annual points dividend each January on all the points (other than the sign up bonus) earned in the previous calendar year.

The Sapphire Preferred has no annual fee the first year, then $95 thereafter.

7. Citi ThankYou Premier Rewards Card

For people who want domestic or economy flights, traditional airline miles are often a poor value. For those flights, cards that earn flexible points that can be redeemed for any flight with no blackouts are often the better deal. The Citi ThankYou® Premier Rewards Card earns those super flexible points.

The card has no annual fee the first year, then $125.

Application Link: Citi ThankYou® Premier Rewards Card

I just got my Citi ThankYou Premier Rewards card in February, and I have not had a chance to use the rewards yet.

8. Citi Hilton HHonors Reserve Card

The Citi® Hilton HHonors™ Reserve Card is the best card for giving you free luxury hotel nights. The card comes with two free weekend nights at Hiltons worldwide after spending $2,500 in the first four months. The free nights are best spent at top-tier Hiltons and Conrads that can go for $500 or more per night.

For a limited time, the card even comes with a $100 statement credit if you spend $100+ on a Hilton stay in the first 90 days after getting the card.

This card is perfect to get aspirational stays at top tier properties like the Conrad Koh Samui that goes for 95,000 Hilton points per night and costs more than $1k per night.

The card also comes with Hilton Gold Status, so you can enjoy free internet and breakfast on those free stays.

The card earns 10x points on Hilton stays, 5x on airlines and car rentals, and 3x on all other purchases.

There card has no foreign transaction fee. The annual fee is $95.

Application Link: Citi Hilton HHonors Reserve Card

9. Platinum Card from American Express Exclusively for Mercedes-Benz

The Platinum Card from American Express Exclusively for Mercedes-Benz comes with 50,000 Membership Rewards after spending $3,000 in the first three months.

The card has a $475 annual fee in the first year. But it comes with huge benefits like airline fee reimbursement, airport lounge access, and hotel status.

For more info on setting up and maximizing the benefits, see Get the Most Out of Your Platinum Card.

Landing Page: Platinum Card from American Express Exclusively for Mercedes-Benz

 10. British Airways Card

The British Airways Visa Signature card comes with 50,000 bonus Avios after spending $2,000 in the first three months on the card.

The card comes with 2.5 Avios per dollar on British Airways purchases and 1.25 Avios per dollar on other purchases.

British Airways Avios are perfect for short, direct, economy flights on British Airways partners that do not levy fuel surcharges like these partners.

For instance, the west coast to Hawaii on American Airlines or Alaska Airlines flights for 12,500 Avios or only 4,500 Avios between New York and a dozen destinations are two of many sweet spots.

The card has a $95 annual fee that is not waived.

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Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

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5 COMMENTS

  1. How long are the free Hilton weekend night certs valid once you earn them? For example Hyatt nights are valid for 1 year after earning. Thanks.

  2. Used your link above for Citi Executive AAdvantage card on July 8…instant approval and just received info via UPS indicating 100,000 bonus miles after minimum spend.

  3. Do we get the 100,000 miles by signing up for this 450 dollar fee Citi AA executive card; if we already have a Citi platinum AA card. I heard that Citi does not offer the same affiliate miles if we have a similar card. Thank you.

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