Airline Credit Cards: Is there really any point?

By | February 10, 2007

Having traveled thousands of miles on flights between Asia and Europe, I was stupid not to realize the virtue of air miles. Over the years, I have foregone so many thousands of miles, it’s enough to make me cry all over my credit card statements! Such frequent flyer programs provide regular and long distance flyers with ample bonuses.

Even better, nowadays flyers can get airmiles credit cards like, for example, the Discover card that offers a number of benefits:

  • No Annual Fee
  • Earn 12,000 Bonus Miles
  • 0% APR on Balance Transfers and Purchases for up to 12 Months
  • Earn 1 Mile for Each Dollar You Spend
  • Air Travel Rewards have No Blackout Dates
  • Flexible Rewards to Fit Your Plans

In other words, you get bonus miles, plus 1 mile per dollar. You can get Travel Rewards without worrying about so-called Blackout Dates (ie. you don’t have to avoid flying on certain dates when you are using your miles). However this card allows you to purchase tickets on most airlines AND use your airmiles. Now that’s quite neat.

Naturally, there are a wealth of other cards available for the ambitious investorblogger-on-the-go. So, before you sign the application form, you need to consider your pattern of use carefully. And, since they are credit cards, you need to be aware of the FULL costs of using a particular credit card, including fees (annual, penalties, transfers, etc..), interest rates (you don’t want to be paying 30% pa interest!), and the billing cycle period. You DO want to read the small print!

This is a sponsored post by CreditCardAssist.

Author: InvestorBlogger

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