3 Secrets You Need To Know About Airline Miles Credit Cards

With the business of credit becoming more and more competitive all the time

, credit issuers are coming up with more and more ways to reward customers for choosing their program over their competitors'.

One of the most popular types of rewards cards out there today are frequent flyer cards. With one of these highly beneficial cards at your disposal, you can revolutionize the way you travel with free or discounted airfares, as well as other travel-related amenities like traveler's insurance and discounts on hotels and car rentals.

However, it's important to have all your bases covered before deciding you know which air miles credit program is the right one for you. The following are the three most important things you need to know in order to make an informed decision and get the most out of your card once you have it.

1. Airline miles credit cards can be sponsored by either banks or airlines.

There are two basic types of airline mileage credit cards available out there to consumers. The first card type is sponsored by a specific airline. These cards are most beneficial to travelers who tend to stay loyal to a specific airline each time they travel. The second type is sponsored by a specific bank. This type is the best choice for travelers who want to reserve the ability to be more flexible and go with whichever airline is offering the best flight available at a given moment. Bank sponsored cards also tend to come along with fewer program restrictions such as black-out dates that may limit the choices you have when it comes to choosing flights.

2. It's important to pay attention to interest associated fees.

While an airline miles credit card may be a rewards card, it's important to remember that it still comes complete with interest rates, fees, and other considerations along those lines. Many frequent flier cards even charge an annual fee. In the cases of platinum or premium programs, this fee can be sizable, but there are also plenty of other basic programs that charge more affordable fees. Some don't charge an annual fee at all. Interest rates will also vary from card to card. It's incredibly important to be aware what these expenses will be from program to program so that you can select a card that fits your lifestyle, budget, and other spending habits. With so many card options available these days, a little shopping around can go a long way.

3. The rules related to rewards redemption rates can vary.

The chance to earn valuable travel related rewards is likely the very reason you're considering one of these cards in the first place, but the way you accrue and redeem your rewards can vary greatly from card to card. Some cards require users to accumulate a certain number of miles before they can be redeemed at all. With others, blackout dates or other restrictions may apply as far as when you can fly and what seats you qualify for. Some programs let you redeem your travel points for benefits other than just simple airfare - upgrades, for instance, as well as store gift cards, restaurant fare, hotel accommodations, and purchases with participating partners. Know all the rules that come along with your reward program so that you can better plan your traveling and spending to your advantage.

by: Shannon Hilson.

POST COMMENT

Avail Boston Flights for Cheap Today! Astrological Symbols: Angles, Aspects, Nodes And Planetary Symbols Availing The Cheapest Flights From Kolkata To Hyderabad Has Become Simpler For You How Does The Planets, Sun, Moon Affect The Zodiac Traits? San Antonio Airport Hotel Flights To Vietnam From Europe Getting Cheap How To Book Cheap Flights: Know Some Easy Secrets To Book The Cheapest Flight Cheap Flights Secrets Revealed Low Cost Airlines Buy your plane ticket and get ready for an adventure Two Days Cairo Sightseeing From El Gouna By Flight Major gateways for flights to Tanzania Flight Simulation- Teaches You How To Fly!