Q – 11.18.23 – We have been using a “cash-back” credit card for years. Now that we are retired and we are starting to see a bit of the world, we would like to start out with the better of the travel reward cards in the “under $100 Per Year” price range. Not sure if you really want to get involved in this sort of advice but thought I would ask. We love the site.
A – This is a subjective question. Virtually every travel website offers credit card advice and there is almost always a statement which essentially says they may receive renumeration in kind for their recommendations. You can assume that any website about travel that seems to have a good deal of credit card advice, ads, deals etc. is enjoying payback from the various credit cards they are hawking.
Unfortunately, we have no escape clause and we receive nothing from any travel product we might recommend. We are business fools.
That said, the current consensus seems to be that the best of the cards for those planning on traveling a few times per year is the Chase Sapphire Preferred Card. We won’t do an ad for the card but it does give you better than usual travel rewards together with painless redemption procedures. You get some excellent benefits for $95 per year. You get points for dining, shopping etc. and, unlike an airline-branded card, you can redeem miles at a good rate on most of the world’s leading airlines.
We will now await the dozens of notes of disagreement from other credit card issuers and their users.