Looking to earn travel points? Of course, we advocate paying off your credit card every month – our economy isn’t on life support because credit card companies are giving away money -but if you have a purchase to make – why not earn some travel points. Creditcard.com does an excellent job in rating all of the different types of reward programs tied to credit cards – but these were our favorite
Chase Sapphire Preferred℠ Card –Because of the high points per dollar, flexibility of carriers and hotels you can use your points on– this card tops most of the travel blog/websites. Other features include 24-hour (real person) customer service and a seven percent bonus on your reward points. The annual fee is pretty steep ($95) but it’s free for the first year. To justify the cost, you can take advantage of the initial bonus of 40,000 points (worth $400 or a flight valued at $500) when you spend $3,000 in the first three months. Like we said – if you have a big purchase to make – you might as well get a little back for your travel budget.
Starwood Preferred Guest Credit Card also tops many “best” lists as well. Not only do you get hotel points (Sheraton, St. Regis, Westin) but points can transfer to the airline miles programs as well. They also offer the usual promtions – 10,000 bonus points after your first purchase and another 15,000 points when you spend $5,000 in the first 6 months. While the first year is free, the annual fee is $65 a year.
A personal favorite -and not really on any best of lists is the Hawaiian Air Visa Card. It’s not on a best list because you would make more reward points with a card like the Chase Sapphire or even the Starwood card, which you could then use toward Hawaiian Air. However, considering the huge smile factor involved in putting down your Hawaiian Air Credit Card, we wanted to include it. For mainlanders the card is issued through Bank of America and has a $75 annual fee for the platinum, and $50 for the standard. If you’re interested check for sign on promotions and start dreaming of your next trip to paradise.