Thursday 1 September 2016

What are the travel card benefits you should look out for?

Banking cards are omnipresent in today’s modern day society. Every individual uses them to make expenditures, right from cars to grocery purchases. But with so many choices of cards to opt from, it is tough to choose amongst the different options available. However, when it comes to choosing a card for travel purposes, the travel card is the ideal option for you. Here are some of the benefits you can look out for when it comes to this banking card.

Sign up bonuses

Center lenders provide a big sign up bonus, especially if you meet the minimum spending requirements. This is a great way to jump start your mileage account, especially if you are looking to redeem free flights later on. Therefore, look for the terms and conditions of sign up bonuses and see if you are eligible for them.

Spending bonus category

Certain credit cards can also be used as travel cards. In this case, when you use this card, you will get a point for a fixed amount of rupee you pay. However, certain credit cards will give you extra points, if you shop at specific retailers. This also works if it is a branded credit card if used at the same brand outlet. This will not only help you earn points fast, but also in multiple points. In this way, you can get to earn more points and thus redeem them for better travel perks.

Low minimum spending cards
Just as you need to satisfy a maximum amount in order to be eligible for certain perks, you may also need to satisfy a minimum spending requirement. The best way to achieve this target is to use normal day to day spending. Opt for cards that offer you to make a single purchase in order to unlock the bonus. As a first-time travel card user, it is best to opt for such a card. This will help you adjust your expenditures while managing your funds, as compared to high minimum spending cards. As you once you apply for these cards, you cannot reply for the same card. Therefore, you must take advantages of these benefits in order to make the most of it to your favor. Start small and learn to build up your ability to manage multiple cards shortly. Otherwise, you may end up spending more than you require just to earn the points which will not be free

Have special perks:

All travel cards offer great perks. While some travel cards provide you with special elite royalty statuses, other will offer unique perks. These perks can include foreign transaction fees, free checked baggage, and free nights amongst many others.

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