Best Credit Cards for Solo Travelers: Rewards & Perks to Save Money

Solo Travel: A Growing Trend and Financial Consideration

Solo travel is experiencing a surge in popularity, especially among millennials and Gen-Z. According to the American Express Global Travel Trends Report, approximately 76% of these travelers are planning solo trips in 2024. While traveling alone offers unparalleled freedom and flexibility, it can also be more expensive. Fortunately, the right credit card can help you save money with valuable rewards and perks.

Financial Considerations for Solo Travelers

Before diving into specific card recommendations, it's important to understand the financial challenges solo travelers face. Single travelers often bear the full cost of accommodation and transportation, potentially increasing expenses. Additionally, there may be added costs associated with activities and tours that require a minimum number of participants.

Three Credit Cards for Solo Travelers

Here are three credit cards tailored to different budget levels that deliver substantial value for solo travelers:

1. Wells Fargo Autograph® Card: Ideal for Everyday Rewards with No Annual Fee

The Wells Fargo Autograph® Card is a great pick for travelers who want solid rewards without an annual fee. It comes with:

• 3X points on restaurants, travel, gas stations, transit, popular streaming services, and phone plans
• 1X points on other purchases
• Cellphone protection up to $600
• Rental car coverage
• No foreign transaction fees

You can redeem your rewards for travel, statement credits, gift cards, and more. There's also the welcome offer: You can get 20,000 bonus points when you spend $1,000 on purchases in the first 3 months. That's a very achievable threshold even when spending solo.

2. Chase Sapphire Preferred® Card: Premium Travel Rewards at a Reasonable Price

With a $95 annual fee, the Chase Sapphire Preferred® Card offers premium rewards without a premium price tag. You'll get travel perks like:

• 5X points on travel purchased through Chase Travel℠
• 5X points on Lyft rides through Sept. 30, 2027
• 2X points on all other travel purchases
• $50 annual credit on hotel stays booked through Chase Travel
• Travel protections like baggage delay insurance, primary rental car coverage, trip delay reimbursement, trip cancellation/interruption insurance, and lost luggage reimbursement

The card's travel protections are especially useful for solo travel emergencies. Everything from lost luggage to a canceled trip can be partially or fully covered with the Chase Sapphire Preferred® Card.

Right now, you can earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's worth at least $750 in Chase Travel℠ value.

3. The Platinum Card® from American Express: Perfect for Frequent Travelers Seeking Luxury Perks

For frequent travelers who crave premium perks, the Amex Platinum Card is hard to beat -- even with its $695 annual fee. The card comes with:

• $200 in airline fee credits
• $200 in annual hotel credits
• $200 in annual Uber Cash
• A $199 annual Clear Plus credit
• 5X points on flights booked directly with airlines or with American Express Travel® up to $500,000 on these purchases per calendar year
• 5X points on prepaid hotels booked with American Express Travel®
• Access to over 1,400 airport lounges, including Priority Pass lounges and American Express® Centurion Lounges
• Complimentary Gold status with Hilton Honors and Marriott Bonvoy

It's much more expensive than the other cards on this list, but for good reason. If you're looking for access to luxury lounges, discounted hotels, and much more, the Amex Platinum Card is perfect for your next solo getaway.

Plus, if you apply now, you could get a massive welcome bonus: You may be eligible for as high as 175,000 Membership Rewards® Points after spending $8,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.

Additional Tips for Solo Travelers

Beyond selecting the right credit card, several other tips can help you save money while traveling solo:

• Plan Your Budget Carefully: Before your trip, create a detailed budget that includes all anticipated expenses, such as accommodation, transportation, food, and activities.
• Look for Deals: Before booking your flights and accommodations, compare prices from various websites and online travel agencies.
• Be Flexible with Travel Dates: Flights and accommodations are often cheaper during off-peak seasons.
• Utilize Rewards Programs: Join rewards programs offered by airlines and hotels to accumulate points that you can use for future travel.
• Eat Like a Local: Eating at local restaurants is often cheaper than dining at touristy establishments.
• Use Public Transportation: Public transportation is often cheaper than taxis or ride-sharing services.
• Look for Free Activities: Many free activities are available while traveling, such as visiting museums, parks, and hiking.

Conclusion

Solo travel can be an incredibly rewarding experience, but it's important to be financially prepared. By choosing the right credit card and following some simple money-saving tips, you can enjoy your trip without breaking the bank.