Pros
- Travel rewards provide more value than cash back if you travel often.
- Perks like priority boarding, free checked baggage, airport lounge access or free nights at hotels help you travel in style.
- Many travel cards come with travel insurance and no foreign transaction fees.
- Travel cards generally have higher rewards rates and higher welcome bonuses
Cons
- Travel credit cards tend to have higher annual fees than cash back cards.
- Points and miles credit cards typically require more effort than cash back cards when it comes to tracking your rewards and making sure you’re getting the best value out of them.
- Airline credit cards and hotel credit cards often offer limited redemption options.
