Finances & business for beginners

A Vacation in the Making with Flyer Miles Rewards

A Vacation in the Making with Flyer Miles Rewards

Frequent flyer credit cards are, in my own opinion, the flashiest of all rewards programs. It sends the message: 'I'm so dang cool my credit card company flies me places for nothing! Ha! And all your company gave you was a spice grinder and new blender! I scoff at you, peasant!'

Alright, well, maybe not exactly that, but you know what I mean. Frequent flyer cards are the rulers of reward offers, the sultans of specialty cards, the Cadillacs of the credit cards. If you know something better than being handed a vacation for spending with a credit card, please e-mail me and tell me because it seems like a pretty sweet deal from where I'm sitting.

They work very much like other reward offering cards. There is a ratio of dollars spent to frequent flyer miles acquired, which is different for nearly every card. The miles can be redeemed with an airline and also, depending on the card, a hotel chain, a rental car agency, or a cruise line. Frequent flyer cards also vary in partners, so if you are particular about who you fly with or where you stay, research before you apply.

Some examples of the various frequent flyer cards out there are:

The Chase Travel Plus Platinum Visa Card. This card offers a ratio of one mile earned for each dollar spent. Its miles are usable for plane tickets, rental cars, hotel rooms, and cruises. The miles can also be used with 250 different airlines, without any restrictions. For all of these rewards, the card does come with a $29 annual fee.

Blue Sky from American Express. This annual-fee-free card also gives members the choice of air, road, sea, or bed and features one-mile-per-dollar-spent ratio. A potential customer can also select any airline, hotel, car rental agency, or cruise line to redeem their points with. Card holders also receive benefits ranging from personal health insurance while traveling to the guarantee that any purchase a customer wishes to return - if the merchant will not take it back you will be reimbursed up to $300 per item by American Express. If you plan to go on a vacation at any point in your life, these are good things to have.

The Miles Card from Discover Card. Of all the frequent flyer cards I have researched, I would personally choose this card. With a one-to-one mile-to-dollar reward ratio, no annual fee, the lowest regular APR I found (10.99%, and, oh yeah, that's after a full year of 0%), it is a pretty lucrative card. Of course that is neglecting the 12 thousand bonus miles one receives upon approved application, as well as the one thousand bonus miles each month you make a purchase, for the first year.

If you're not a believer in the beauty of frequent flyer cards after all that, I just don't know what to say at this point. Well, actually, I'd like to say that you're going to have to spend a lot more than the savvy frequent flyer card crowd if you want to get off your own little plot of land.

Airline Credit Cards and Miles

Airline Credit Cards and Miles

Travel has become an expensive proposition, especially if you are not earning future flying miles while airborne. Airline credit cards generally offer points per flight taken, bringing rewards as a byproduct of each trip. These points will earn the cardholder free stays at hotels, future flights, car rentals, as well as other desirable rewards. A few of the cards charge around twenty-five thousand points per flight so a comparison in airline miles should be considered when choosing a credit card.

Most times, you will receive flyer miles per trip taken, and some of these airline credit cards will offer a generous point total per flight.

Some people use cash to travel, however others prefer to use airline mile credit cards. The airline credit cards often have airline miles attached, which provides ongoing benefits. While the cards benefits vary, some provide categories that are major points to consider when selecting an airline credit cards, (i.e. while earning flights the person could choose from more than 200 airlines to fly from, by selecting the choice of airline). If you prefer to use a major airline, (i.e. an airline which you frequently fly) the cards often include features, such as earn x amount of points for each flight taken.

Airline credit cards are often referred to as mileage credit cards. The card enables you to earn points per dollar charged on the card then you can use the points toward a flight. Some cards offer more points than others do.

Checking out the marketplace for the bargains is ideal while considering airline miles credit cards. Once you select a card and accepted, as a cardholder you will discover that you earn points on the card. Be sure to take full advantage of discounts and free offers, since the points will expire on some credit cards.

Some of the disadvantages of airline credit cards are that the cards often have higher interest rates and annual fees attached. Most of the airline cards are for those that can handle paying off the monthly debts incurred on the cards, or for travelers that frequently take trips and utilize the credit cards as a means to manage and document purchases. Still, the rates are comparable in an online search. If you are considering an airline mile credit card, take time to research and compare the values, APR (Annual Percentage Rate), points available, and other services.

While traveling, the idea of the credit cards is to save money, so why not take the time to find the best rates and save even more cash while using your airline credit cards to earn points.

Some of the no-annual-rate cards include the Miles Card from Discover. This card offer no APR fees, and you will receive 5,000 miles once the initial purchase is charged to the card. Balance transfers are free for the first twelve months, and you will find an added benefit in earning a mile per dollar charged to your card.

The Value Miles Platinum Visa cards offer miles per dollar spent with no blackout dates. Fly on the major airlines and earn points while receiving assistance on travel. If you are in an emergency, this card offers emergency funding, and the rates per interest are attractively low.

Noting the two cards named in this article will help you to see the comparison. The Discover Card offers 5,000 points on the first debt incurred on the card, while the Visa Card does not. Now, how can we decide which card is more of an advantage? We can do this by contrasting and comparing airline credit cards. Check for the best rates online, since here you can compare at your own pace, finding multiple offerings and significant savings in fees and interest.