How to use Travel Rewards Credit Cards to your Advantage

How to use Travel Rewards Credit Cards to your Advantage

Travel rewards can be advantageous if you travel frequently. There are a few tips by which you can put your travel rewards to your advantage. For instance, travel rewards credit cards typically offer points per dollars spent, and customers may earn extra points by making purchases at specific stores or during certain times when they charge their purchases to their travel rewards credit card. The requirements for earning extra points may differ greatly among travel reward credit card providers, however, the basic idea provides that purchases are made and travel rewards points are earned in correlation with purchases.

Here are the main advantages to getting a travel rewards credit card:

1. You pay your credit card bills on time, every month

All your travel rewards can be used to your benefit if you always clear your debts per the due date and at the end of each month. Fully paying your credit card bill off each month often means you get better offers and benefits towards travel. For instance, late bill payments won’t earn travel rewards.

2. Keep an eye on expiry dates

Don’t let your rewards and benefits expire before you get a chance to redeem them. As you collect travel points on regular expenses (i.e., cable bills and groceries), keep an eye on your travel rewards points balance as well as any expiry dates associated with them.

3. Earn welcome bonuses

Many travel rewards credit card companies offer special welcome bonuses, usually a few thousand points, as an initiative for you to sign up. This is an attractive way to earn more points right off the bat.

4. Earn double and triple points

Many retailers will offer travel rewards cards users promotions to earn double or triple the points on shopping. For instance, look for offers and dates to earn double or triple the points on promotions for Black Friday, Cyber Monday, and Christmas shopping.