What is the best free credit card for travel?

The best free credit card for travel is the Bank of America® Travel Rewards credit card because it has a $0 annual fee, a 0% foreign transaction fee, and an intro purchase APR of 0% for 15 billing cycles before the regular APR of 18.24% to 28.24% Variable kicks in. Cardholders also earn lucrative rewards, which they can use to pay for recent or upcoming travel.

The Bank of America Travel Rewards credit card gives 1.5 points per $1 spent on everything, as well as an initial bonus of 25,000 points for spending $1,000 in the first 90 days. However, you need excellent credit if you want to be approved.

Best Free Credit Cards for Travel in 2023

Many of the best travel credit cards have no annual fee and no foreign transaction fee, so they are as "free" as credit cards get. Every credit card requires monthly minimum payments, though, and cardholders who carry a balance from month to month at the regular APR will pay interest on their balance. Late payments will also usually result in additional fees. Paying your balance in full and on time will keep your travel credit card free.

Cardholders who have excellent credit could consider cards with an annual fee as well. Travel cards with an annual fee will often have a higher rewards rate and valuable perks like complimentary airline lounge access or travel insurance. As long as you frequently use the card, take advantage of its benefits, and pay your bill in full each month, the annual cost should be covered by the rewards from the best travel credit cards.