Fseg-Tlemcen

How to Choose Travel Reward Credit Cards

Traveling the world can be expensive, but there are plenty of ways for consumers who are on a budget to fund their trips without spending a fortune. One of the best ways to do so is to look into travel reward credit cards. Read on to find some helpful tips for choosing the right reward card to fund the trip.

Improve That Credit Score

Most cards that have exceptional rewards programs are fairly exclusive. That means anyone who wants to take out a travel rewards card needs to ensure his or her credit score is above 650. The most effective ways of fixing credit are to pay bills on time, rebuild credit using a special low-balance card, and freeze credit with the big credit agencies to prevent fraudulent activity.

Look for Sign-Up Bonuses

Most travel cards occasionally offer sign-up bonuses that allow consumers to get one or more free flights immediately upon signing up for the card. Often, though, there’s some kind of a catch, such as a purchase minimum, so be sure to look into any stipulations prior to signing up and make sure that purchase minimums will be easy enough to meet.

Watch Spending Minimums

Many travel cards come with more requirements than basic cards. One of the most common of these requirements is an on-going spending minimum. It’s a good idea for anyone working with a strict budget to look for a card that has a fairly low limit.

Low Annual Fees

It’s almost impossible to find a premium travel card that doesn’t have some kind of annual fee associated with it. However, it’s often possible to do some shopping around and find a card that has a reasonable annual fee, making it a worthwhile expense in the long run.

Spending Bonuses

Just about all travel cards offer some kind of points system, but many also offer spending bonuses. These often come in the form of double or triple point earnings at specific grocery stores or gas stations. Other cards offer perks like free baggage checks or access to special lounges.

Keep Track of Points Policies

All travel cards have specific policies regarding point usage. Be sure to do some research about black-out dates, point expiration dates, and other policies that might limit when the points can be used prior to planning a trip.…