The 2024 Travel Rewards Update

The following cards were highlighted, in this order, in our travel rewards episode of The Money with Katie Show. This content is not sponsored or endorsed by any of the card brands described here and is accurate as of the posting date, but some of the offers mentioned may have expired. Money with Katie is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as MileValue.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Chase Freedom Unlimited®

This Card’s Role: Still establishing your credit, or need a great cash back card that’ll help set the foundation for the rest of your strategy? This is our pick, because you’ll begin earning Ultimate Rewards points on your spending.

Current Welcome Bonus: Earn $200 after spending $500 on purchases in your first 3 months from account opening.

Annual fee: $0

  • 4.5% cash back on dining and drugstores

  • 6.5% cash back booked on Chase Travel℠

  • 3% cash back on all other purchases

Chase Sapphire Preferred® Card

This Card’s Role: Get extremely inexpensive access to the best travel portal (and transfer eligibility) out there. Remember, you can only get one Sapphire product at a time, so choose this or the Sapphire Reserve (more on that below).

Current Welcome Bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

Annual fee: $95

  • 5x points on travel booked through Chase Travel℠

  • 3x points on restaurants, streaming, and online groceries

  • 2x points on travel outside the travel portal

  • 1x points on everything else

  • 10% annual points bonus based on your spending

  • $50 annual statement credit on hotel stays purchased through Chase Travel℠

  • Complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027

Learn more

Southwest Rapid Rewards® Priority Credit Card

This Card’s Role: If you’re going to fly Southwest frequently, this card is a great one to snag for its sign-up bonus and its recurring annual benefits.

Current Welcome Bonus: Earn 85,000 points after you spend $3,000 in the first 3 months from account opening.

Annual fee: $149

  • 3x points on Southwest travel

  • 4 Upgraded Boardings per year

  • $75 annual Southwest travel credit

  • 7,500 anniversary points

  • 20% back on inflight purchases

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United℠ Explorer Card

This Card’s Role: If you’re going to fly United frequently, this card is our pick for getting a valuable sign-up bonus as well as solid recurring perks.

Current Welcome Bonus: Earn 50,000 points after you spend $3,000 in the first 3 months from account opening.

Annual fee: $0 in year 1, then $95

  • First free checked bag (or free carry-on bag in Economy Plus)

  • 2 United Club one-time passes per year

  • $100 TSA PreCheck or Global Entry credit

  • Priority boarding

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Marriott Bonvoy Boundless®

This Card’s Role: The ubiquity of Marriott hotels as well as the annual free night award make this card valuable for anyone who regularly stays in hotels.

Current Welcome Bonus: Limited time offer! Earn 125,000 Bonus Points after spending $5,000 on purchases in your first 3 months from account opening with the Marriott Bonvoy Boundless® Credit Card!

Annual fee: $95

  • Silver status

  • Free premium wifi

  • Annual free night credit worth up to 35,000 points

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The Platinum Card® from American Express

This Card’s Role: This is Katie’s pick for the best premium card, which offers a slew of benefits that you won’t find anywhere else. Additionally, this grants access to the American Express Membership Rewards travel portal (also accessible via the Gold card on our list below).

Current Welcome Bonus: Earn 80,000 Membership Rewards® points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership.

Annual fee: $695 (Rates & Fees)

  • Up to $100 TSA PreCheck or Global Entry credit

  • Up to $200 in annual statement credits for airline incidentals for your chosen airline

  • Up to $200 in annual statement credits on Fine Hotels & Resorts or Hotel Collection bookings

  • Up to $200 in annual statement credits for Uber and Uber Eats ($15/month and $35/month in December). To receive this benefit you must have downloaded the latest version of the Uber App and your eligible Platinum card must be a method of payment on your Uber account. The Amex Benefit may only be used in the United States.

  • Up to $300 Equinox credit (enrollment required)

  • Up to $199 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $199 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues

  • Up to $20/month in monthly statement credits when you pay for eligible purchaes with the Platinum Card® at one or more of the following providers: Peacock, Audible, SiriusXM, Disney+, The Disney Bundle, ESPN+, Hulu, and The New York Times (enrollment required)

  • Priority Pass (enrollment required) and Centurion Lounge access (though notably, free access for guests has been removed)

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Chase Sapphire Reserve®

This Card’s Role: This is Henah’s pick for the best premium card, which offers a broad array of travel and dining benefits. If you get this card, you’d want to pair it with The Gold Card from American Express for access to AmEx’s portal.

Current Welcome Bonus: Earn 60,000 points after you spend $4,000 in the first 3 months from account opening.

Annual fee: $550

  • $300 annual travel credit

  • Priority Pass lounge membership (1,000+ lounges worldwide)

  • Up to $100 TSA PreCheck or Global Entry credit

  • Complimentary Lyft Pink, Instacart+, and DashPass subscriptions (complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027)

Learn more

The American Express® Gold Card

This Card’s Role: This is a great card for food spending, especially if you get the Sapphire Reserve instead of the Platinum Card.

Current Welcome Bonus: Earn 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases on your new Card in your first 6 months of Card Membership. Plus, receive 20% back in statement credits on eligible purchases made at restaurants worldwide within the first 6 months of Card Membership, up to $100 back. Limited time offer. Offer ends 11/6/24.

Annual fee: $325 (Rates & Fees)

  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.

  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.

  • 84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at Dunkin' locations.

  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.

  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.

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TRAVEL REWARDS 101 ✈️

Our free Travel Rewards mini course can teach you the basics & beyond if you’re not quite ready to enact your strategy yet.