Credit cards are ubiquitous in the modern world. We use them to pay for everything from sticks of gum to cars. The USA is a credit loving nation which in turn results in a myriad of advertisements and information out there about credit cards. With all this information in the public domain, it’s hard to know what is correct or false. YellowCorners, therefore, endeavor to set things straight and give you a few handy tips on credit cards.
1. Travel Reward Credit Cards
Travel credit cards offer great opportunities for us to earn free points that can be later redeemed for hotel services, airfares and cash. In the race to get clients, credit card issuers partner with several travel brands that entice customers with exclusive discounts, loyalty points and sign up bonuses. Their insatiable desire to get you as a client is your gain, by milking the system you stand to get numerous free air tickets, vacations and hotel rooms. We recommend applying for travel credit cards that offer the following features.
First, you must ensure your card has a high sign-up bonus. A high sign-up bonus jump-starts your mileage account, therefore, getting you close to those free flights you desire.
An added category spending bonus is also essential. Most credit cards only offer a single point for every dollar spent. Good credit cards will provide you with additional points when you shop at particular retailers or for specific brands. You always want the ability to get two or three points each time you spend a dollar.
Travel credit cards that have low spending minimums are ideal. For you to trigger the great bonuses offered by travel cards you have to reach the spending minimum.