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Hotel & Travel Reward Credit Cards
Consumers who travel frequently and business professionals who travel frequently can take advantage of great promotional based reward credit cards that can accumulate free trips, hotel stays and traveling perks. Searching for great travel or hotel reward based credit card is not as simple as applying for a cash back or retail credit card. Travel reward cards can be very beneficial to consumers who are frequently using their credit card to purchase airline tickets, book hotel rooms and eat in restaurants. These cards carry some additional restrictions which requires more upfront research prior to applying for the right credit card. Certain hotel/reward cards require you to utilize certain hotel chains or airline carriers so it is especially important that you research to make sure that your major carriers are the same airlines you can redeem upgraded traveling through Consumers who are unable to pay off their card balances on a monthly basis can benefit from credit card balance transfer as this offer may be the best opportunity to save money on their interest costs. Consumers with great credit, may want to search for an hotel or travel base reward credit card, that offers a balance transfer option, perhaps with a promotional zero percent rate credit cards. Travel and hotel reward cards with promotional interest rates are not likely to offer perks or rewards for transferring a new balance, but it is important to read all of the details, including any required upfront fee for pursuing a balance transfer. Consumers looking for popular hotel or travel reward credit cards may want to consider the Discover Miles Card®, American Express Preferred Rewards ® and the Capital One No Hassles Ultra Travel Card®. Utilizing the perks from a hotel or travel reward card can often include free airline tickets, complimentary hotel stays, upgraded rooms and seats and free meal vouchers. Generally you will need good to exceptional credit to qualify for a low rate travel or hotel reward credit card. Be certain to find out what your rate will adjust to if you opt for a travel based card with an introductory promotional interest rate.
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Credit Card News & Articles
Credit Card rule changes go into effect in February
Starting next month, consumers will gain some ground on the banking and credit card industry. Advocates for changes to reduce fees, rates and offer additional protections to consumers are getting a lift in February as the industry is finally forced to offer new policies that lawmakers pushed for late...
Is more bank regulation on the horizon
Long awaited legislation aimed at reigning in finance and banking companies may finally become a reality. Following an eventful week on Wall Street, where news out of Europe that ING would be broken up and divisions would be sold off in the near future certainly put a renewed emphasis on reform. European...
Card companies choose different paths to recoup revenue
The back and forth battle between consumer groups and credit card companies is beginning to take shape. Over the past two weeks, major credit card issuers Bank of America and Wells Fargo have taken different approaches in trying to recoup lost revenue from their credit card divisions. The financial industry...
Busy day of news, Fed holds rates steady and banks reduce fees
The clear cut winners from today’s news were consumers. The FOMC policy to keep interest rates intact for the Fed Discount and Fed Funds rate was anticipated by almost everyone in the economy. The key news was not related to the Fed’s decision to leave interest rates unchanged; more specifically...
