There are different types of credit card rewards — but this is the best one

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You can earn various types of reward with credit cards, but transferable points from issuers like Chase, Amex, and Citi are the most valuable for travel

There are a few kinds of rewards credit cards. Some earn cash back, others earn points that can only be used toward statement credits, and others earn the best type: transferable points. Transferable points are credit card points that you can transfer to travel partners, such as airline and hotel loyalty programs. Amex Membership Rewards points, Chase Ultimate Rewards points, Citi ThankYou points, and Capital One miles are all examples of transferable rewards.

There are a few kinds of rewards credit cards. Some earn cash back, others earn points that can only be used toward statement credits, and others earn the best type: transferable points. Transferable points are credit card points that you can transfer to travel partners, such as airline and hotel loyalty programs. Amex Membership Rewards points, Chase Ultimate Rewards points, Citi ThankYou points, and Capital One miles are all examples of transferable rewards.

 

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