Travel credit cards

[marianegs]

Hello, I just found this forum and I love the ideas/suggestions . I was hoping someone can help me with. Planning a vacation, it will cost me approximately $5000-$7000. I was thinking of opening a credit card, for the bonus rewards and the free APR for a year. I could pay off the vacation now, but was thinking it would be a smarter move to pay it off for free for a year. Does anyone have any ideas of the best cash back credit card for something like this?

[Mushe]

There are a few websites that help you understand what card is best, like nerd wallet. I think your stated purpose for getting a card combines two benefits that are normally separate - good APR (or zero) and good rewards. IME, it’s one or the other. We use cards with great rewards, but pay them off every month as credit card APRs are notoriously awful. We use them and strategically open throughout the year, so that we have the rewards points available to use to book individual parts of a trip like the hotel or fights.

I hope that helps!

[fernweh]

We use capital one venture card and are very happy with. They have two versions also. One you get 1.25 points per dollar but there is no annual fee. The other you get 2 points per dollar but there is a few of $90 I think.
You get the same points on everything regardless of category.
It’s works out to 1000 points being worth about $100 I believe.

[illgetthere]

I agree that you won't get a sign up bonus AND zero APR. Are you flying or staying at a chain hotel? You can sign up for their cards and get the bonus points to pay a part of the trip. Make sure to stagger the sign ups so you don't have a really high spend requirement.

[icedcoffee]

A few years ago I got a BOA card that had a $200 bonus and zero APR for a year so it is possible. I opened it, maxed it out with my IVF deposit and then paid it off a year later and closed it.

I think they're currently doing 0% for 15 months:

slickdeals.net/f/13004074-bank-of-america-cash-rewards-credit-card-200-bonus-offer-w-1k-in-eligible-purchases?src=sticky-missed

ETA:  Also, no annual fee.