Best Travel Rewards Credit Cards

February 7th, 2010

Choosing the best travel rewards credit cards should mean locating the card that rewards you for your own personal level of spending.

You should also try to locate a credit card that allows you opportunities to accumulate your travel rewards points so they don’t expire. This can allow you to save your points for larger vacations, or redeem smaller amounts more frequently for travel purchases.

Keep in mind that the best travel rewards credit cards will offer you the chance to earn points for every dollar you spend using your credit card. While there are plenty of banks and lending institutions willing to extend reward points, choosing the right one for you can sometimes be a difficult choice.

ANZ Frequent Flyer American Express/Visa Card

The ANZ Frequent Flyer American Express/Visa can allow you to earn 1 frequent flyer point for every $1 you spent using your American Express card and 1 point for every $2 spent on your Visa. Both cards are linked to the same account, which means you have one credit limit and one statement. You can redeem your points for great travel items, flights or plenty of other options. The annual fee for this travel rewards card is.

NAB Velocity Standard Card

The NAB Velocity Standard card allows you to earn reward points for using your credit card. The account comes with both an American Express card and a Visa card linked to the same account on the same credit limit. You’ll earn 1.5 points for every $2 spent using your American Express card and 1 point for every $2 spent using your Visa. The annual fee on this travel rewards card is $65.

Citibank Platinum Card

The Citibank Platinum Card offers 1 reward point for every $1 spent on your card, and also allows you to convert those reward points 1:1 for frequent flyer points. While the annual fee for this travel rewards card is , customers can also benefit from the low balance transfer offer the card has.

When you’re searching for the best travel rewards credit cards, be sure the reward points offered can be converted to frequent flyer miles at a fair ratio. You should also check how your points will be accumulated and if there is a cap limit or an expiry time for points saved to your account.

Editors Choice: Featured Credit Card Deals

	Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
Westpac 55 Day Credit Card	0% for 5 months (reverts to 19.59% )	3.99% for 6 months	$0	21.49%
Citibank Clear Platinum Card	11.99%	2.9% for 12 months	$99	21.74%