Travel rewards credit cards are one of the best deals around, especially if you can make sure you’re getting the maximum benefits from your credit cards. Everyone has their own favorite type of rewards program, from cash back to points that build up over time. Travel rewards cards are available through multiple credit card companies, and if you commit to one card, you could be surprised just how quickly points add up that can equal free flights, travel gear, theater tickets, hotel stays, and more. The best travel credit card will vary depending on how much you use the card and how much you want to travel, but this article will make some suggestions on how to choose the right one for you.
There are many examples of travel rewards credit cards including American Express, Capitol One Travel, Chase Freedom Visa, PenFed Premium Travel, and more. It can be difficult to choose between them, but there are a few things to keep your eye out for. Does the card have an annual fee? If so, how much? The rewards should be great if you’re going to fork over $50 or $100 a year just to use the credit card. The best travel credit card will have a low interest rate and will offer a bonus of points when you join. This will give you a boost towards earning your first travel rewards.
Different travel rewards credit cards are ideal for different types of travelers. Some travelers love hotel rewards credit cards, which allow you to build up points with a certain hotel brand, such as Hilton or Marriott, with properties around the globe. Beyond earning free hotel rooms, these credit cards have extra bonuses such as complimentary upgrades, some meals, free parking, or complimentary Internet. If you stay in hotels often, this discount can add up over the course of a year, all in exchange for simply using a credit card.
The best travel credit card is also one that’s simple to use. Airline credit cards are another example of travel rewards cards, but one complaint about these cards is the lack of availability for flights. It is true that savvy travelers book their flights far in advance and sometimes on short notice a free flight might not be available. On the other hand, a free flight will significantly bring down the cost of a vacation, leaving even more room in your budget for dining, attractions, shopping, spas, and everything else that makes getting away from home special. If your heart is set on this type of rewards, the best airline credit card might be one that lets you accumulate and redeem points through a site such as Travelocity, rather than a specific airline, which can mean more available flights.
Not every traveler saves up for big rewards such as flights or hotel rooms. Basic travel rewards programs offer great discounts on travel gear, luggage, and electronics. Many of these programs also offer sales exclusively to their customers, allowing you to get the maximum value before a sale goes to the general public. When choosing travel rewards credit cards, be sure to read the fine print, and choose a card that fits best with your lifestyle. Stop using a card without getting any rewards—almost every bank and credit card company now offer incentives for you to choose their card.