Travel rewards credit cards

giftdime July 30, 2021 0 Comments

Chase Ultimate Rewards Credit Cards

The key to earning Ultimate Rewards is the combination of Chase cards youchoose. You can easily transfer Ultimate Rewards points to one of theirairline or hotel partners once you have enough for a flight or hotel stay.
Keep in mind, you must hold at least one premium Ultimate Rewards card totransfer points to airline and hotel partners. You can combine UltimateRewards points from any cards that earn them to really boost your account.
Hot Tip: If you’re ready to get started and earn a ton of points quickly,check out how to earn 100k Chase points in 90 days!
The Chase Sapphire Preferred card is the most popular Chase card thanks to itspopular bonus categories. Holding this card also allows you to transferUltimate Rewards to travel partners.
Credit Card| Benefits & Info —|—
Best Offer Ever

Chase Sapphire Preferred® Card

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(at Chase’s secure site)

* Earn 100,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That’s $1,250 when redeeming points for eligible purchases with the new Pay Yourself Back tool, or for travel through Chase Ultimate Rewards® * UP’s Bonus Valuation*: $2,000 * Earn 2x points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases. * Earn 5x points on Lyft rides (including bikes and scooters) through March 2022. That’s 3X points in addition to the 2X points you already earn on travel. * Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. * Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 12/31/21. * Good to Excellent Credit Recommended (670-850) * Annual Fee: $95
Must Reads: For more info on the Chase Sapphire Preferred, see our thoughts onits benefits and travel insurance coverage, which includes primary car rentalinsurance. Take a look at our full review to see why it’s one of our favoritecards.
Earn 2X points per dollar on all your travel and dining expenses includingflights, hotels, Uber, restaurants, bars, and more. Gas stations are notincluded in the travel bonus category. Plus, there’s a special 5X point perdollar earning rate on Lyft purchases.
Dining includes all restaurants and dining establishments, including bars, butdoes not cover other food-related expenses such as supermarket and grocerystore purchases.
You will earn 1X point per dollar on all other purchases. The Chase SapphirePreferred card has an annual fee of $95.
This is 1 of the 2 travel rewards cards from Chase that gives you additionaltravel benefits that you can’t get with cash-back cards.
Hot Tip: Each Chase card that earns Ultimate Rewards comes with a sign-upbonus that will really boost your points balance.
The Chase Sapphire Reserve card is the latest premium card offering fromChase. It is an enhanced version of the Chase Sapphire Preferred card as itearns 3X points per dollar on travel and dining purchases, 10X points perdollar on Lyft purchases, and 1X points per dollar on all other purchases.
It also comes with a wide range of benefits including Priority Pass Selectlounge access, a $300 travel credit per cardmember year (including gas andgrocery purchases through December 31, 2021), a $60 DoorDash credit, a $100credit to cover the Global Entry application fee, a Lyft Pink subscription forthe primary cardholder (including Grubhub+/Seamless+ membership), a $120Peloton Digital and All Access Membership statement credit (through December31, 2021), benefits at The Parking Spot, cash-back from Groupon, and more.
Because this is a premium card, it has a $550 annual fee. Consider thisChase’s answer to The Platinum Card® from American Express.
The Freedom Flex card is a cash-back card but the points can be combined withthose from one of the premium Ultimate Rewards cards (i.e. one with an annualfee).
Credit Card| Benefits & Info —|—
Chase Freedom Flex℠ Credit Card

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(at Chase’s secure site)


* Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. * Earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year. * Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! * Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases. * 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 – 23.74%. * No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open. * Good to Excellent Credit Recommendation (670-850) * Annual Fee: $0

This card is known for its quarterly bonus categories that allow you to earn5% cash-back per dollar on up to $1,500 in spending in a variety ofcategories. When paired with a card such as Chase Sapphire Preferred card, the5% becomes 5X points and even more valuable.
The quarterly bonus calendar changes each year, but typically coverscategories such as supermarkets/grocery stores, transportation, gas stations,holiday shopping, and restaurants. There may also be specialty categories likewholesale clubs.
The Freedom Flex card earns unlimited 3% cash-back on dining and drugstorepurchases and 1% cash-back on all other purchases and has no annual fee.
In 2016, Chase released the Freedom Unlimited card. It earns 5% back on travelthrough Chase Ultimate Rewards, 3% back on dining and drugstores, and 1.5%back on all other purchases, among other useful benefits.
When paired with a premium Chase card, your cash-back can be converted intoUltimate Rewards points.
In a sense, this card turns every purchase into a bonus category so you’realways earning the maximum number of Ultimate Rewards possible.
There is no annual fee for the Freedom Unlimited card.
The Ink Business Preferred card is similar to the Chase Sapphire Preferredcard and Chase Sapphire Reserve card, but the card is tailored to smallbusiness owners.
Credit Card| Key Benefits & Info —|— Ink Business Preferred® Credit Card

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(at Chase’s secure site)

* Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months. * Bonus Valuation*: $2,000 * Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year * Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn * 25% more value when redeeming points through Ultimate Rewards® travel * Good to Excellent Credit Recommended (670-850) * Annual Fee: $95

Must Reads: For more info on the Ink Business Preferred, see our guides on itsbenefits, 7 things to do as a new cardholder, and our full review. This is ourfavorite Chase business credit card.
It carries the same travel rewards benefits as the Chase Sapphire Preferredcard and has the same annual fee.
The Ink Business Preferred card earns 3X points per dollar on the first$150,000 spent on combined purchases on travel, shipping purchases, theInternet, cable and phone services, and advertising purchases made with socialmedia sites and search engines each account anniversary year.
You will earn 1X point per dollar on all other purchases—with no limit to theamount you can earn. The Ink Business Preferred card has an annual fee of $95.
The Ink Business Cash card is the no annual fee small business card optionfrom Chase. It is tailored to new business owners as a cash-back card, ratherthan travel rewards card.
The card earns 5% cash-back on the first $25,000 in combined purchases atoffice supply stores and on the Internet, cell phones, landlines, and cableTV.

You will also earn 2% cash-back on the first $25,000 in combined spending atgas stations and restaurants. All other purchases will earn 1%.
As with Chase’s other no annual fee cards, when paired with a premium card,the 2% and 5% become 2X and 5X points per dollar.
This is a great card for small business owners, offering cash-back bonuses inmany categories with no annual fee.
For additional information on the perks associated with this card, read up onour article featuring the many benefits of the Ink Business Cash card.
Bottom Line: With the right combination of Chase cards, you can earn tons ofpoints thanks to the numerous bonus categories.

Do other retailers offer rewards on their credit cards?

Kogan, David Jones and Coles aren’t the only Aussie retailers that havecredit card products. Big names like Woolworths and Myer also have creditcards, however at the moment they aren’t open for new applications.
It’s also important to note that many other rewards programs from othercredit card providers, including banks or non-banks, allow customers to redeempoints for vouchers from a range of different retailers.
So what this means is, you don’t necessarily have to take out a retailer-specific card in order to earn yourself a gift card.
Want to compare more options? Take a look at our reward credit cardscomparison page for some top deals.
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While we pride ourselves on covering a wide range of products, we don’t coverevery product in the market. If you decide to apply for a product through ourwebsite, you will be dealing directly with the provider of that product andnot with Mozo.

How to boost your points and save money by using discounted gift cards
I seem to come across many offers for discounted gift cards, and while theheadline discounts seem appealing, it’s hard to know whether these deals areof any use – for earning points, securing discounts, or both.
While a lot of these aren’t worth your time once you do the maths, there aresome useful options out there for saving money, and boosting your pointsbalance.
The key reasons why gift cards are useful to know about?
* They can help avoid credit card surcharges, or to allow spend on an Amex (when buying the gift card) for higher points earn when a retailer wouldn’t otherwise accept them * They can help you earn more points – in the case of buying cards from supermarkets with supermarket bonus point credit cards * They can save you money – with outright discounts on gift card purchase – but only if you manage their balances effectively so you don’t end up having an unused balance

Combined Credit Card and Gift Card Payment

If you made the payment partly with a credit card and partly with a gift card,you can have it all refunded right away as a gift card balance.
Alternatively, you can split the refund. The original gift card amount thengets refunded within 3 hours as a gift card balance. The amount you paid withthe credit card should appear on your card account in 3 to 5 business days.

Combined Credit Card and Gift Card Payment

If you made the payment partly with a credit card and partly with a gift card,you can have it all refunded right away as a gift card balance.
Alternatively, you can split the refund. The original gift card amount thengets refunded within 3 hours as a gift card balance. The amount you paid withthe credit card should appear on your card account in 3 to 5 business days.

Travel rewards credit cards

Travel rewards credit cards offer points or miles rather than cash back onyour spending. Most travel cards come with a variety of redemption options,including cash back or statement credits, gift cards and merchandise. However,you’ll usually get the best value by using points to book travel directlythrough a portal or for transfers to airline and hotel partners.
Examples of travel rewards credit cards include:
| Earning rate| Annual fee| Redemption options —|—|—|—
Chase Sapphire Preferred® Card
| Earn 5 points per dollar on Lyft rides (through March 2022), 2 points perdollar on travel and dining and 1 point per dollar on other purchases| $95|Statement credits, gift cards, merchandise, travel through the Chase portaland 1:1 transfers to Chase airline and hotel partners
Capital One Venture Rewards Credit Card
| Earn 2 miles per dollar on every purchase| $95| Travel statement credits,gift cards, cash back statement credits and checks (at a value of 0.5 cent permile) and transfers to airline partners

Pros of travel rewards cards:

* Redemption bonuses – Some cards let you get more travel for “free” when you redeem points through the issuer’s portal. The Chase Sapphire Preferred Card, for example, gives you a 25% bonus when you use points to book airfare, hotels, rental cars and more through Chase Ultimate Rewards. * Point and mile transfer options – Many flexible travel credit cards offer a list of airline and hotel partners that you can transfer points to. You can increase the value of your points by looking for deals within the partners’ programs. * Travel perks – Some travel rewards credit cards come with valuable travel perks like primary auto rental coverage, airport lounge membership, trip cancellation and interruption insurance or credits for a Global Entry or TSA Precheck membership.

Cons of travel rewards cards:

* Majority have annual fees – You’ll probably notice that most travel credit cards charge an annual fee, although the majority offer first-year sign-up bonuses that more than make up for the fee. * Rewards programs can be complicated – While having the option to transfer points or miles to airline and hotel partners sounds good in theory, navigating the rules of airline and hotel programs can be confusing and exhausting, which is why many people stick to cash back instead.

Can you earn credit card rewards doing so?

One major benefit of using a credit card to pay for gift cards is the fact youcan earn rewards on your purchase. If you plan to give someone a $50 gift cardfor their birthday, for example, you could buy a gift card with plastic andearn points or cash back on that purchase, whereas you wouldn’t earn anythingif you gave them a $50 bill instead.
Just make sure you pick the right type of rewards credit card for your giftcard purchases. Some rewards credit cards only let you earn cash back, whileothers offer flexible rewards or points you can use in a specific airline orhotel program.

Best credit cards for purchasing gift cards

The best credit cards to use for gift cards are ones that let you rack up asmuch in rewards as you possibly can. With that being said, you should choose acredit card for gift cards carefully and based on the type of rewards you hopeto earn.
Here are some of the top credit cards for gift card purchases, along withwhere they work best:

8. Earn Rewards for Purchasing Gift Cards

Purchase Marriott gift cards with your Marriott credit card at participatingMarriott properties and receive 6 points per dollar spent. Marriott gift cardsmake great gifts for weddings, milestone birthdays, anniversaries, orgraduates who will be traveling.

Best Credit Cards Based on Top Categories

Yatra SBI Credit Card | Travel, Flight Booking, Hotel Booking Standard Chartered DigiSmart Credit Card | Online Shopping, Travel & Dining HSBC Visa Platinum Credit Card | Travel, Dining, Movies Citi Cashback Card | Cash Back IndusInd Bank Platinum Credit Card | Lifetime Free Card IndianOil Citi Credit Card | Fuel Axis Bank Neo Credit Card | Cashback, Hotel, Movies HDFC Bank Diners ClubMiles Card | Lounge Access Citi Rewards Credit Card | Rewards Kotak PVR Gold Credit Card | Movies Axis Bank Neo Credit Card | Bookings, Shopping, Movies IndusInd Bank Platinum Aura Edge Credit Card | Travel, Dining, Lifestyle HDFC Bank Diners Club Black Card | Lounge Access, Hotel, Dining

Earn Free Gift Cards with a Rewards Credit Card

Several credit card rewards programs in Canada allow you to redeem points forgift cards at top retailers. Here are a couple of my favourites:
Flexibility is the name of the game with this big-bank rewards program. Toearn points, you’ll need a credit card that earns Scotia Rewards. Fortunately,there are no fewer than 8 cards to choose from. Points can be redeemed fortravel, Cineplex movies, and popular merchandise, including gift cards fromtop retailers.
You’ll get the most bang for your buck when you redeem points for travel, butif you’re not planning a trip anytime soon, gift cards are a greatalternative. To give you an idea of how many points you’ll need, a $50 Ubergift card requires 6700 points, while a $100 Boston Pizza card will set youback 13,400 points.
The Scotiabank Passport Visa Infinite comes with a signup bonus of 30,000points. From there, you’ll earn 2 Scotia Rewards points for every dollar spenton groceries, dining, entertainment, and transit, and 1 point per dollar spenton all other purchases.
Like Scotiabank, BMO has its own rewards program that enables members toredeem points towards a wide range of gift cards. The programs are similar,although BMO only has two affiliated credit cards, versus Scotiabank’s eight.
If you want to earn points but don’t want to pay the hefty annual fee of apremium credit card, the BMO Rewards Mastercard is a great option. Not only isit a no-fee card, but it also comes with 20,000 rewards points when you signup. Every dollar spent will earn you 1 BMO Reward point.
This premium rewards credit card allows cardholders to earn points at a muchfaster rate. There is an annual fee of $150, but it’s waived for the firstyear. The signup bonus is an impressive 35,000 points, and you earn 3 pointsper dollar spent on travel, dining, and entertainment. You earn 2 points perdollar spent on all other purchases.
With BMO Rewards, not all gift cards have the same value. For example, you’llneed 20,000 points for a $100 Home Depot card but only 19,000 points for aRona card. Keep this in mind when you’re redeeming your points.

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