Travel credit cards bring a lot to the table for the frequent adventurer, and several of these have major travel statement credits worth considering. Check out our top picks for the best travel card statement credits of 2022.
Top Picks for The Best Travel Card Statement Credits of 2022
Here are our top travel card statement credits for 2022:
Here to make the top of our list is the Platinum Card® from American Express. The checklist of travel benefits for this card is long and with it you can find a decent amount of travel statement credits. With this card, you earn a $200 hotel credit each year on select prepaid hotel bookings (for Fine Hotels + Resorts® or The Hotel Collection) when you book through American Express Travel. This is a convenient perk if you plan on meeting the minimum two-night stay every year.
Moreover, the Platinum Card® from American Express also includes a $200 Airline Fee credit (per calendar year) to ease the stresses of incidental travel costs like checked bags, in-flight refreshments, and more. Merely choose one qualifying airline through the American Express Online Account, which includes the following:
- Alaska Airlines
- American Airlines
- Delta Airlines
- Frontier Airlines
- Hawaiian Airlines
- JetBlue Airways
- Spirit Airlines
- Southwest Airlines
- United Airlines
So far, that’s $400 in annual travel statement credits. In addition, you get a $179 Clear® Credit per year so you can breeze through security with touchless ID at select U.S. airports and stadiums. If the time-saving Clear® credit is appealing for your airport needs, you should know there is also a statement credit for Global Entry ($100) or TSA Precheck® ($85). The fee credit is good for up to every 4.5 years – the enrollment period for these services.
The yearly savings on this card do not end with the hotel and airline fee credits. The card features several additional statement credits, which reload year after year. Other annual statement credits included with the Platinum Card® from American Express:
- $240 Digital Entertainment Credit
- $200 Uber Cash
- $300 Equinox Credit
- $155 Walmart+ Credit
- $100 experience credit when you stay at a hotel that belongs to The Hotel Collection
The statement credits mentioned above are only half of all the perks you subscribe to when you become a member of the Platinum Card® from American Express. The travel benefits range from The Centurion Lounge access to Car Rental Insurance, plus no foreign transaction fees. The card comes with a $695 annual fee – a high but worthy cost if you plan to use all the included statement credits and perks that add up to over $1,200 per year.
If you plan on spending at least $300 yearly on travel, the Chase Sapphire Reserve is an option to consider. The card features a $300 annual travel credit in the form of a reimbursement for your charged travel purchases each account anniversary year. Furthermore, you can gain a Global Entry, TSA PreCheck®, or NEXUS Fee credit. For speedy and smooth entry through airport gates, you will receive up to $100 every four years as a reimbursement with this credit card.
The Chase Sapphire Reserve is not loaded with as many statement credits as the Platinum Card® from American Express. However, it brings its fire through other premium travel benefits, such as complimentary airport lounge access via Priority Pass™ Select. With this perk you can remain comfortable while you wait on your flight at one of 1,300+ VIP lounges available in over 500 cities worldwide.
In addition, get the special treatment when you book a stay through The Luxury Hotel & Resort Collection℠ with complimentary room upgrades, early check-in, and late checkout so you can sleep in and stay well rested while you travel.
Other built-in travel benefits include:
- Trip Cancellation/Interruption Insurance
- Auto Rental Collision Damage Waiver
- Lost Luggage Reimbursement
- Trip Delay Reimbursement
- Emergency Evacuation & Transportation
With the Chase Sapphire Reserve, you also have many ways to earn rewards. You can earn up to 10x total points on hotel stays, flights, dining, and more when you purchase through the Chase Ultimate Rewards portal. The card features no foreign transaction fees and a $550 annual fee.
The Capital One Venture X Rewards Credit Card pays for itself if used wisely. It shares similarities with the Chase Sapphire Reserve, such as the $300 annual travel credit for bookings done through Capital One Travel – a convenient perk to have if you plan on spending a minimum of $300 yearly on travel. With this credit card, you can also get up to a $100 credit on Global Entry or TSA PreCheck® for smooth access through airport gates and security.
Furthermore, you can relax while waiting for your flight in comfort at the Capital One Lounge because cardholders get unlimited free visits. Plus, you can bring your friends and family too. With lounge access, you are allowed two free guests (and $45 per additional guest). In the same vein, with this card, you also get a complimentary Priority Pass™ membership with unlimited free visits for you and your guest.
With the Capital One Venture X Rewards Credit Card, you can earn up to 10x miles per dollar when you book hotel stays, flights, and car rentals through Capital One Travel, and 2x miles on all other everyday purchases. And if you have plans to fly out of the country, you get to save some money and enjoy shopping with no foreign transaction fees. The card does have a $395 annual fee. However, the travel statement credits and travel benefits offset the hefty yearly cost.
Other similar Capital One travel cards with lesser (or no) annual fees include the Capital One Venture Rewards Credit Card and the Capital One VentureOne Rewards Credit Card.
If you find yourself often booking Marriott hotel stays for your travels, then the Marriott Bonvoy Brilliant™ American Express® Card can be your best companion. The card offers next-level luxury with its many travel benefits, including a $300 Marriott Bonvoy Statement Credit – granted each year for eligible purchases at hotels participating in the Marriott Bonvoy™ program.
With the Marriott Bonvoy Brilliant™ American Express® Card, you can also get a $100 Marriott Bonvoy Property Credit. This travel credit is for indulging in a little bit of luxury. It only applies when you book a direct 2-night minimum stay at The Ritz-Carlton® or St. Regis®. And when you have to make your way through airport gates and security, the Fee Credit for Global Entry or TSA Precheck® comes in handy. This benefit is only available up to every 4.5 years but is still worth the mention for the frequent traveler.
In addition to the travel statement credits, you get one free night award every year at a participating hotel, so you can stay and enjoy an extra night out on vacation. The Marriott Bonvoy Brilliant™ American Express® Card earns up to 6x Marriott Bonvoy points for each dollar of eligible purchases at hotels, U.S. restaurants, flights booked directly with airlines, and 2x Marriott Bonvoy points on all other purchases. You can then redeem your points for free night hotel stays, flights, or car rentals.
Other card features:
- Priority Pass™ Select membership
- 15 Elite Night Credits
- Premium Internet Access
- Car Rental Loss and Damage Insurance
- Baggage Insurance Plan
- Trip Cancellation and Interruption Insurance
- Trip Delay Insurance
It is important to note this card also features no foreign transaction fees and has a $450 annual fee.
Honorable Mentions
Want some more travel card statement credit options to consider? Here are two cards that just missed out on our top spots:
The Citi Premier® Card helps turn your everyday purchases into getaways. With this card, you will receive a $100 annual hotel savings benefit, along with no foreign transaction fees and easy points transfer to other loyalty programs. You can also earn up to 3x points per dollar on air travel & hotels, restaurants, supermarkets, gas stations, and 1x points on all other purchases – all for a $95 annual fee. Discover other Citibank credit cards here.
The Chase Sapphire Preferred® credit card offers all the security benefits you would want during travel, such as baggage delay insurance, trip cancellation insurance, and more. With this card, you can get up to $50 in statement credits for hotel stays purchased through Chase Ultimate Rewards®. You can also earn up to 5x total points per dollar on travel, dining, online groceries, streaming, and 1x point per dollar spent on all other purchases. The card features no foreign transaction fees and charges a $95 annual fee.
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