Should you apply for a travel credit card?

If you don’t travel often and are new to the world of credit cards, you may be wondering whether travel credit card Makes sense for your wallet. Since they make up such a big part of the credit card world, it can be hard to know which type of travel card to apply for, let alone whether they’re worth it.

But for most consumers, the answer is an unequivocal yes. Here are some reasons why a travel credit card might make sense for you.

Related: How to choose the right travel credit card for you

Not surprisingly, if you are a globetrotting jetyou’ll likely be able to get decent value out of just about any travel card. If this is you, you’ll want to consider a card with the following benefits Lounge access, Free checked baggage and claim credits for services such as Global Entry or TSA Pre-Check.

While these cards sometimes come with hefty annual fees and tons of additional features, you’re in the best position if you’re a frequent traveler target market for something like Chase Sapphire Reserve®which means you’re tailor-made to get value out of it.

aspiring traveler

If you have traveled a little or are aspiring traveler – People who want to get more involved in the travel world but may not have the financial backing or credit card portfolio to justify it – There are a ton of credit card products out there that can help you get where you want to go, both literally and figuratively.

People in this camp might want to start with No annual fee card or like popular mid-range cards Chase Sapphire Preferred® Card. These cards offer a variety of benefits at low or no cost to jump-start your credit card journey while giving you points on your purchases and benefits.

Spend money lavishly

Not a flyer or not interested in this lifestyle? If you have a high monthly budget, a travel card may still make sense for you. Using a credit card (any credit card) for everyday purchases will be more beneficial than using a debit card.

If you’re a big spender, most cards make it easy to cash out” Welcome offereasily reach the consumption threshold and get a lot of reward points. Additionally, if you regularly accumulate points on your card, you’ll earn points such as airline and hotel Elite status, plus free hotel stays.

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small business owner

if you have a small business and want to reduce your expenses travel card can help you do this. That’s because, like a lavish spender, you’re likely to have significant monthly expenses. These expenses can lead to travel rewards if you put them on your card.

Consider something like Ink Business Preferred® Credit Cardthereby earning valuable Chase the ultimate reward Each point is worth 2.05 cents, according to TPG November 2024 data Valuation.

Related: Chase Ink Business Credit Card Guide

If you’re not a traveler at heart and don’t have a lot of expenses each month, either personal or small business, then travel card Probably doesn’t make much sense. you might be better off cash back card Earn simple rewards daily expenses categories and doesn’t require much jumping around.

But as you delve deeper into the world of credit cards, be sure to consider travel cards—not just because they make up the majority of credit cards, but because you can get tremendous value from them whether you consider yourself a world traveler or not.

Related: Are airline credit cards still valuable?

Not everyone can take full advantage of a premium travel credit card. However, there are plenty of options for everyone. With a little research, you can find the right card to help you reduce costs your next trip and potentially enhance your travel experience.

Related: A Beginner’s Guide to TPG Points, Miles, and Credit Cards