Whether you’re on a leisurely vacation or rushing around on a work trip, if you find that you often travel by taxi, it’s wise to have a travel credit card with rewards that can cover your fare. The Nerds have picked out a few cards that earn points that can be redeemed on your statement for cabs and other travel purchases. Let’s dive in.
Bonus miles for travel: Barclaycard Arrival™ World MasterCard®
If you’re looking for a general travel card that doesn’t discriminate when earning points, the Barclaycard Arrival™ World MasterCard® carries one of the highest rewards rates around. With this card, users net an unlimited 2 miles per dollar spent on all travel and dining purchases. Travel categories including things like airlines, hotels, cruises and, of course, taxis. All other purchases earn 1 mile per dollar.
Miles can be redeemed as a statement credit at a 1-cent-per-mile rate, but you get an additional boost of 5% when you redeem your miles. This gives the card an effective rate of 2.1% when redeemed on the same travel categories that earn 2 miles.
New cardholders also have an opportunity to start off with a bonus: Earn 20,000 bonus miles when you spend $1,000 on purchases in the first 90 days — that's enough to redeem for a $200 travel statement credit. With a $0 annual fee, the Barclaycard Arrival™ World MasterCard® is a great choice for those looking to earn rewards on travel across the board.
Double your Miles: Discover it® Miles
Another flexible travel favorite, the Discover it® Miles offers an unlimited 1.5 Miles per dollar on all purchases. But the card’s bonus is what truly sets it apart from the competition: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
With Miles redeemable for spending on taxis and other travel purchases, that end-of-the-year boost can add up to some serious savings. Spend on travel however you prefer; just be sure to redeem your Miles for purchases when your statement comes around.
The Discover it® Miles’s annual fee is $0, which means you don’t need to worry about trying to hit a certain amount of spending to make this card worth your while. From day one, you’ll earn Miles and save money.
Erase travel costs: Capital One® Venture® Rewards Credit Card
The Capital One® Venture® Rewards Credit Card earns an unlimited 2 miles per dollar on all purchases across the board, which are redeemable for a similar grouping of travel-related expenses, including taxis, at a 1-cent-per-mile rate.
Cardholders can use miles for travel purchases through Capital One’s on-site platform, or simply use the card’s Purchase Eraser® tool to directly redeem miles for purchases on their monthly statements. You’ll also have the opportunity to start off with large chunk of miles with this card’s sign-up bonus: Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel. The annual fee for this card is $0 for the first year, then $95.
All in all, the Capital One® Venture® Rewards Credit Card is a solid choice for globetrotters looking to earn generous rewards with a substantial sign-up bonus to boot.
If you’re the type of traveler who prefers a simple rewards card that will earns points on almost all aspects of your trip, you can’t go wrong with any one of these options. Choose the one that works for you and start saving.
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