Travel credit cards offer rewards and perks specifically tailored to travellers, such as earning miles or points toward flights, hotels, and vacation packages. Reward credit cards, on the other hand, offer a variety of rewards such as cashback, merchandise, or gift cards based on purchases. Both types of credit cards can be beneficial depending on an individual’s spending habits and travel preferences
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- Travel credit cards offer rewards and perks specifically tailored to travellers, such as earning miles or points towards flights, hotels, and vacation packages. These rewards can be used to redeem free flights, upgrades, and other travel-related expenses.
- Reward credit cards offer a variety of rewards such as cash back, merchandise, or gift cards based on purchases. These rewards can be used to redeem a variety of items such as cash, statement credits, or merchandise.
- Travel credit cards often come with additional benefits such as lounge access, priority boarding, and travel insurance.
- Reward credit cards may offer a higher earning rate on certain categories of purchases such as groceries or gas.
- Travel credit cards usually have an annual fee but also offer valuable benefits that can outweigh the cost, while reward credit cards may or may not have an annual fee.
- It’s important to compare the rewards, perks and fees of each type of card before making a decision, and consider your own spending habits and travel preferences.
- It’s also important to note that some credit cards will offer a combination of travel and reward benefits, which can be a great option for those who want to earn rewards on their travel expenses, and also get the rewards on other purchases.
- Overall, it’s a good idea to have a travel credit card if you’re a frequent traveller, and a reward credit card if you want to earn rewards on a wide range of purchases.
A comparison table is provided below:
| Feature | Travel Credit Cards | Reward Credit Cards |
| Rewards | Miles/Points for travel expenses | Cash back, merchandise, gift cards |
| Perks | Lounge access, priority boarding, travel insurance | Vary by card, some may not have any |
| Earning rate | Higher earning rate on travel expenses | Higher earning rate on certain categories of purchases (such as groceries, gas) |
| Annual Fee | Usually have an annual fee | May or may not have an annual fee |
| Best for | Frequent travellers | Wide range of purchases |
Bottom line:
The bottom line is that both travel and reward credit cards can be beneficial for different consumers depending on their spending habits and travel preferences. If you’re someone who frequently travels and wants to earn rewards specifically for travel expenses, then a travel credit card would be the better choice for you. On the other hand, if you want to earn rewards on a wide range of purchases, then a reward credit card would be the better choice. It’s important to compare the rewards, perks, and fees of each type of card before making a decision.
