The 5 best travel insurance credit cards of 2022

With the Chase Sapphire Reserve Credit Card, you begin earning right away with 60,000 bonus points after spending $4,000 on purchases within the first three months of having the card. If you redeem your points through Chase Ultimate Rewards, it is the equivalent of $900 toward travel. After you spend your first $300 each year, you earn 5x the total points on flights, 10x the total points on hotels and car rentals, and 3x the points on your other travel. If you like eating out, this card is great, too, because you earn 3x the points on dining at restaurants, whether you are dining out, ordering in, or opting for takeout. All other purchases earn one point per dollar. 

Chase also offers a few extra perks, like Pay Yourself BackSM, where you can redeem your points for 50% more when you trade them in for statement credits and use them for rotating categories. At the end of each year, Chase gives you an annual travel credit of up to $300. There are no foreign transaction fees, but many other fees with a $550 annual fee that is typical of American Express but not so much with other credit cards.

Pros:

• Competitive rewards rate
• Generous introductory offer
• Luxury travel benefits

Cons:

• High fees
• Excellent credit recommended