You may think that it’s crazy to pay $395 (or more!) for a credit card's annual fee, but these premium travel rewards cards are packed with benefits. Here's how they stack up against each other.
If you've ever rented a vehicle, you probably know that the rental company requires you to insure the vehicle. American Express car rental insurance is a member benefit that could come in handy and save you money.
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The flashiest incentives offered by some travel credit cards are the airport lounge access benefits. For those who would rather spend their pre-flight time relaxing in a cozy lounge with free food and drinks, there are several card options available.
Other common travel benefits that come with cards that offer lounge access include no foreign transaction fees, statement credits for application fees to Global Entry or TSA PreCheck and travel and purchase protection such as trip cancellation insurance, though exact benefits vary by card. Beware hanging out at lounges for fun is frowned upon; same-day travel on associated airlines is usually required to access any in-network lounge.