Travel Credit cards that offer a sign-up bonus or cash back, or accumulate points that can be translated into savings on travel are surely worth a look. If just changing from one card to another will bring free flights, hotel stays, car rentals or funds to buy gear, why would any budget-minded traveler not do that? Often, we have to look beyond the headline to get to the real story.
Cardhub is back this week with an updated list of the Best Travel Credit Cards for 2013 featuring the best deals, selected from more than 1,000 different offers. Hoping to “help consumers save as summer vacation planning gets into full swing,” Cardhub told Gadling in an email this week that “the right credit card can save consumers hundreds of dollars on summer travel.”
That claim looks to be valid too. Switching to the Chase Sapphire Preferred Card, for example, will bring a 40,000-point reward bonus.
Thinking along the lines of airline points, that’s about what it takes for a round-trip ticket to Europe from North America. True, but airline points are not what we get with this offer. Those 40,000 points are redeemable for $ 500 in travel accommodations booked through Chase’s Ultimate Rewards program or a $ 400 statement credit. To get that, cardholders are required to spend $ 3000 during the first three months the card is open.