The best travel rewards credit cards of July 2021 Table of Contents: Masthead Sticky Summary List Placement The best travel rewards credit cards of July 2021: Category Best travel rewards card Best overall: Chase Sapphire Preferred® Card Best travel card with a high annual fee: Chase Sapphire Reserve® Best for luxury perks: The Platinum Card® from American Express Best for beginners: Capital One® Venture® Rewards Credit Card Best for dining rewards and benefits: American Express® Gold Card While it takes more work to use points or miles compared to cash back , the upside is that you can get much more value for your points compared to receiving cash back. For example, Insider''s David Slotnick got almost 6 cents per point when he used Chase Ultimate Rewards to book a first-class flight to Japan . In this guide, we''re focusing on the best travel credit cards that earn transferable points points such as American Express Membership Rewards and Chase Ultimate Rewards that you can transfer to airline and hotel loyalty programs. Read Insider''s guide to points and miles valuations to find out what your airline miles, hotel points, and credit card rewards are worth.