How To Chase Travel Rewards In Three Easy Steps

By Tanya

From extra work to more savings, we are constantly chasing our dreams. In this article, we will show you how to chase travel rewards in three simple steps.

For those who travel frequently, credit card rewards that help defray costs are a major advantage. They help lower the overall price of family vacations, business trips and any other travel purpose. If you are not familiar with travel rewards, they are points added to specific credit cards that you can redeem on airline tickets and other travel needs. Some allow you to redeem your points for hotels and car rentals. The challenging part about choosing a reward program is that there are so many out there. Here you will find out how to chase travel rewards in three easy steps so you can get the best deals for your needs.

Click here to compare credit cards that offer travel rewards. Free comparison tools.

Step 1: Figure out your flying frequency

Think about how much time you spend in the air. This is one of the most important things to consider while deciding on the best credit card to go with. The more you travel, the more points you will earn and this can turn into a great deal of savings over a stretch of time. Several of the best credit card travel rewards come along with a high annual fee. Some can even go up to $500, while others can be as inexpensive as $50 or $60. The bottom line is that if you are thinking about getting a card that has an annual fee you should make sure that what you are getting in return is worth the fee. Also keep in mind that if you do not fly often enough you should not choose a card with high cost fees.

Step 2: Consider any restrictions

Before making your choice it is important to know all the facts. This is when reading the fine print and asking detailed questions will come in handy. No matter how good a deal you think you will be getting, there may be restrictions on when, where and how you can redeem your rewards. For instance, there are credit cards offering travel rewards but only at specific times. At other times there are blackout dates when you are not allowed to use your reward points. Sometimes you have to use a certain amount of points in order for them to be applied to your travel. Beware of companies that charge you more of your reward points per trip in lieu of blackout dates.

Finally, watch out for any credit card whose points have an expiration date on them. Travel is not something that every person does on a regular basis. Some will only fly when need be and that could mean once a month, once a year, once every year and half, etc. If the points do not rollover from year to year then you are paying for card fees that are not helping you save.

Step 3: Review

No matter how good an offer seems, you must review every aspect of it in detail. After you have done the initial research, do a final review of all the information before making any commitments. Of course you should check annual fees, credit limits, and interest rates, but since you are basing your choice on travel rewards you should pay very close attention to this aspect. Read the terms and conditions of the reward section so you fully understand what you are getting yourself into when you sign on the dotted line.

There are so many cards and travel rewards to choose from. It is very easy to locate these types of cards; just a simple online search at DontSpendMore.com could get you moving in the right direction.

We hope you liked our article “How To Chase Travel Rewards In Three Easy Steps.” If so, please let us know in the comments section.

Click here to compare credit cards that offer travel rewards. Free comparison tools.