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Why I switched from travel rewards to cash back credit cards—how to know if you should, too. Ben Luthi. Updated December 20, 2024 at 10:41 AM.
The site organizes rewards by type — cash back, travel miles and points, credit card points and other rewards — with the best deals and bonuses at the top of each column, ...
These are the simplest rewards to understand: They work like cash for travel purchases. If you have 50,000 fixed-value points worth 1 cent each, that's $500 you can spend on any travel purchase.
Travel rewards credit cards can incentivize you to make unnecessary purchases. For instance, a traveler may want to use their accumulated points to cover a hotel stay and airplane tickets.
Travel rewards tend to be worth more than cash back, and some of the best travel rewards currencies can be worth up to 2 cents each or more. However, your redemption value depends on how you ...
Why we like it: The Chase Freedom Unlimited card’s rewards structure offers users 5% cash back on unlimited travel purchases, plus 5% cash back for a limited time on groceries and Lyft rides ...
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