Best Credit Card for World Travelers – Revisited

A couple of weeks ago I wrote about my desire to get a new credit card to use for my company reimbursed expenses (primarily used for international travel).  They don’t offer a corporate card, so I have to use one of my own.  Anyway, I decided that two main factors would drive my decision:

  • Earn max points for travel expenses
  • Avoid any foreign currency exchange fees

After some research, I discovered that the Capital One No Hassle Miles Rewards Card was my best option because it earns 1.25 points per dollar AND has no exchange fees.

Capital One Card

Well, I ended up not going with this card.  Why?  I discovered the Bank of America Rewards American Express card.  I’ve since applied for this card and will be receiving it in a few days.

Bank of America Card

The Bank of America card offers these factors which led me to make this decision:

  • BOA online access along side my checking, savings, and primary credit card accounts
  • Diversification of my credit card portfolio by having an American Express card
  • Rewards for travel and dining earned at 2% for year 1
  • All other rewards earned at 1%
  • A currency exchange fee of only 1%
  • Ability to transfer points between this card and my primary credit card easily and without fees

So there you have it…I guess the point of this post is that sometimes there are other factors we don’t initially consider when evaluating credit cards.  There’s more to just the points factor.  Be sure to consider everything.  I’ll try and provide some other feedback on this card as I begin to use it for this year’s travel.

If you think I’m an idiot for choosing this card let me know in the comments below.  Also, give me a shout if you’ve used this card with success.

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Last Edited: July 24, 2017 @ 1:07 pmThe content of is for general information purposes only and does not constitute professional advice. Visitors to should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Philip Taylor

Philip Taylor, aka "PT", is a CPA, financial writer, podcaster, FinCon Founder, husband, and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or Google+. Listen to the new podcast, Masters of Money!