Benefits of an air mile credit
card
By Jakob Jelling
www.cashbazar.com
An air mile credit card allows you to
earn points, which you can redeem towards your travel expenses. An air
mile credit card can help you get a free ticket. If you are a frequent
flyer, you can use those miles to build your reward points quickly and
be able to redeem them faster.
You earn points whenever you use your
air mile credit card to make a purchase. After you have earned a
minimum number of points, you will be able to redeem them. The number
of points required for travel will depend on how far your destination
is.
There are many companies that provide
air mile credit cards. You can either get one from a bank, a credit
card company or directly from an airline. Each one will have its
unique advantages.
It is important to evaluate different
air mile credit cards before you select one. Usually you get 1 travel
mile for every dollar you spent on your card. Some purchases may earn
you bonus miles. Many companies have dropped their blackout date when
reward miles expire.
Also important to note is whether
your everyday purchases on your air mile credit card will qualify for
reward points. For example if grocery and department store shopping is
included in the reward program, you can earn lots of points fairly
quickly. Some big-ticket item purchases can help you earn lots of
points and get lots of rewards.
With an air mile credit card, it is
also important to compare to get low interest rate and other options
such as low transfer fees and annual fees. You do not want your reward
points to cost too much in terms of a higher interest rate or annual
fee.
Also an air mile credit card may
offer reward points that pay towards a rental car and hotel costs.
This can make your vacation or business trip a little more affordable.
For business travelers, an air mile card can be very useful as their
frequent ticket purchases can help them get rewards points and get a
free trip once in a while. If you find that an air mile credit card is
not for you, then there are other credit cards, which offer different
rewards such as rebates toward gas purchases, sports tickets and even
plain old cash with cash back programs.
About the
author
Jakob Jelling is the founder of http://www.cashbazar.com.
Visit his website for the latest on personal finance, debt
elimination, budgeting, credit cards and real estate. |