Travel Rewards Credit Cards

More Miles for Your Money

Traveling, be it within your country or to other far flung and exotic destinations, has always been a staple item on anybody’s imaginary or actual "to-do" list. Although almost everybody wants to travel, it’s a sad fact that not everyone is able to get on that much-desired trip. Factors ranging from time constraints to domestic obligations are reasons why most trips are postponed. However, the most common reason why most people opt not to travel is related to the stability or liquidity of one’s present financial situation.

Admittedly, traveling will cost you money, but very few people realize that you don’t need to be an heiress to travel. You just need to prepare in advance and be resourceful. You don’t need to pay for your initial travel expenses by cash. If you have a credit card, why not use that to pay for the big expenses such as airline tickets and initial hotel reservations? Not only can you spread out the payment over several months (pay your card in installments), if you have the right credit card, you may even earn enough points to qualify for a free flight to another destination!

Recognizing that every consumer wants to get more value for their money, credit card companies have launched various rewards programs wherein their cardholders get something for every dollar they pay on credit. The reward may be as simple as discounts from specific establishments, to more tangible gifts such as electronics and household appliances. Of all the credit cards and rewards programs, aspiring travelers should pick credit cards that offer have tie ups with major airlines and give consumers mileage points.

Travel credit cards function just like any other credit card. You are given a pre-established credit limit; and you pay monthly (or annual) fees. What makes these travel credit cards more desirable are the incentives they give to travelers.

Depending on the travel card you are holding you may receive a mileage point (or two) for every dollar purchase; upon approval of your application; every time you use your card at partner or participating restaurants. You can also earn travel certificates for you and/or your companion; be given priority when booking and purchasing tickets; and some also allow for automatic seat upgrades on airlines. If you conscientiously keep track of all your purchases and carefully monitor the progress of your rewards, you may, in no time at all, earn enough points to qualify for a trip (or just have enough to get discounted tickets). Now isn’t that something to look forward to?

In addition to these bonuses, these travel credit cards also offer those with existing credit cards a chance to participate in their rewards programs. Non card-holders can transfer their existing balances to these travel cards, and in exchange, the new card holders will enjoy anything from having the annual fee for the first year waived, to having 0% interest on their transferred balance for the next year or two. Now, isn’t that getting the most (and more miles) out of your money?

COMPLETE REVIEW