During the summer, everybody talks about the best travel rewards credit cards, since they all want to get a few dollars back when going for a trip and exploring new areas. However, before deciding upon one, it’s essential to know how the entire system works!
Below, we’ve put together a quick guide on this, perfect for starters, who want to get their first travel rewards card.
Travel Rewards – The Basics
We’re talking about an entire points-based system here, allowing customers to get free airline tickets, hotel accommodation or car rentals, just by using these cards strategically.
On the other side, some cards offer just miles instead of points, which can be used for buying airline tickets, but generally speaking, most travel rewards credit cards offer a point for every dollar you spend, as well as extra points for various purchases.
What are Fast-Tracking Points?
Through loyalty programs, cardholder, if certain conditions are met, can earn bonus points if they make purchases directly from travel brands. And yes, the most common situation is buying airline tickets.
Airlines, for example, can offer travel rewards if you use your card to buy tickets from them. Travel brands, in a lot of cases, team up with various companies and offer bonus points for partner purchases, so if you want to get a lot of travel rewards, you can buy tickets from such brands and rent a car from one of the airline’s partners.
Are extra incentives available as well?
Of course! You can enjoy tons of bonuses, mostly if you spend a specific amount of money in the first three months. However, in order to make them worth it, a consumer should have a plan to pay off the debt monthly, in order to avoid paying interest fees.
How to redeem travel rewards
In a nutshell, this is a very simple process, since everything you need to do is use your credit card at the airline, hotel or any other business offering you this possibility. Also, some travel brands offer the possibility of making purchases directly on their website, so it’s all up to you.
