9 questions to choose the perfect credit card to help you travel the world on points
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If you’re planning to open a travel credit card to help you earn enough points and miles to travel at a steep discount — or even free — there are countless credit cards to choose from.
The most valuable travel credit cards earn transferable points, so you can move the points around to different airlines and hotel chains as you need them.
You’ll also want to look at the annual fee (is it outweighed by the benefits?) and the sign-up bonus, as well as its policy for authorized users and its annual and travel benefits.
Some of the most flexible travel cards available are the Platinum Card® from American Express, the Chase Sapphire Reserve, and the Chase Sapphire Preferred Card.
It’s important to comparison shop when looking for a new travel rewards credit card. Each card offers a different set of benefits, has different rewards programs, and oftentimes a different set of associated fees.
And while it’s impossible to compare every travel card in one article, you can keep a few pieces of criteria in mind when on the hunt for a new card.
Keeping these criteria in mind will ensure you get a travel credit card that best fits your needs.
1. How powerful are the card’s points?
Not all credit card and airline points are created equal. Look at the points that your travel credit card earns on purchases, and make sure that you can use them for your redemptions of choice.
Give priority to cards that earn transferable points. This includes cards like the Platinum Card® from American Express, Chase Sapphire Reserve, Chase Sapphire Preferred Card, and Citi Prestige Card. …read more
Source:: Business Insider