Yes, travel credit card APRs are high -- but the lowest doesn't always win

Travel credit cards often come with high APRs, but carrying a balance is what turns rewards into a net loss. The article argues that interest charges can erase the value of points and miles, especially when signup bonuses are funded by debt. Using an example, it notes a $500 bonus paired with a $5,000 balance at 25% APR, repaid in equal payments over nine months, would cost about $535 in interest—benefiting the card’s finance charges rather than travel. If the card is paid in full monthly, APR becomes irrelevant. Instead, it recommends comparing features tied to actual travel patterns: airline or hotel co-branded perks, or general travel rewards if you’re not loyal to one brand, plus practical checks on whether minimum spend requirements are realistic.