Even though you might not believe it, frequent flyer cards are not a good deal. The best thing to do is follow the tips and advice below, and you probably won't make a mistake.
Fortune magazine says that if you still have credit cards with airline names on them, you should cut them up right away.
Anything you thought you knew about travel credit cards might not be true.
This is not just because they charge high interest rates and annual fees that people don't know about. The real problem is that they give you a tiny bang for a lot of your money.
A travel rewards programme like this makes it hard for you to get other credit. There are a lot of airlines that fly less planes and charge a lot less for tickets. At the same time, there are a lot of other people who are collecting flyer miles like crazy.
This means that there are some tickets for rewards that are harder to get and are worth a lot less. Also, give it some thought.
If you have a lot of miles with one airline, you might not be able to use them on other airlines that might be better for your next trip.
Also, hotel prices are going up, but it's a lot easier to find a place to stay. These things can also be found for free.
Using Starwood, which is the parent company of popular and high-end hotels like Sheraton, Westin, and Le Meridien, points could be used to get a room at one of these hotels.
If you can believe it, people spend a lot more on their hotel than they do on their plane tickets. So, it makes much more sense to spend more on a hotel rewards programme.
With Starpoints, it was easy to move travel rewards points to more than twenty different airlines.
Fortune has ranked the following credit cards as the best ones for getting travel rewards right now.
The best credit cards for you if you want to travel more
One of the best travel reward credit cards is the Starwood American Express Preferred Guest card, which was made by American Express. The first year you use this card, you don't have to pay the annual fee. After that, you will be charged $30 each year.
This travel reward credit card has more than thirty airline partners. For every dollar charged, the programme turns that into one point.
Starwood is the gold standard when it comes to travel credit cards that offer rewards. You wouldn't believe it, but you could get a room in a Starwood hotel for as little as 2,000 points. These same points can also be used on thirty different airlines.
The Marriot Premier Rewards Signature Visa Card from Visa is another of the best credit cards for travel rewards. The fee for this card each year is set at $65 dollars.
There are more than twenty-five airlines that work with them. One point is worth a dollar, which is how their programme works.
Even though this card doesn't offer any other bonuses when points are turned into miles, the Ritz-Carlton is one of its partners.
Overall, the best credit cards for travel rewards are out there. All you have to do is keep an open mind and let these cards make a difference in your life.