Travel Reward Credit Card

Credit Card Loyality Doesn't Pay

admin — Wed, 16 Sep 2009 00:44:40 +0000

It's kind of weird & bizarre. But despite all the hype and verbal praise that credit card companies pay to customer loyalty. It just doesn't pay!

A couple of years ago, a major financial institution mailed a travel reward credit card application to me with the incentive of 10,000 flyer miles from a major airline. It was lucrative enough for me to accept the offer. However I already had 4 credit cards. This one soon fell into limbo. After almost a year of neglect, I finally decided to cancel the account to avoid the possibility of identity theft.

More on Credit Card Loyality Doesn't Pay

Getting the Right Interest Rate

Zenwriting — Wed, 15 Jul 2009 22:52:39 +0000

If you are looking for a travel card you are making a very wise move. After all, there are a ton of benefits to be acquired. After all, a solid travel card that offers a multitude of deals. However, there is no bargain to get a high interest rate travel card. This is because whatever financial benefits the travel card offers will be undermined by an enormous interest rate. Really, does spending an extra $50 in order to save $5 sound like a bargain? It is most definitely not! That is why it is best to stick with a low interest rate travel card.

The Thoughtful Approach to Maximizing Your Travel Rewards Gains

Zenwriting — Wed, 01 Jul 2009 22:51:22 +0000

If there was one problem with earning benefits from a reward card, it is the approach. That is, the approach used to rack up rewards numbers is not deliberate. Without any clear strategy, making the most out of a travel rewards card proves limited. Now, this does not infer that some complex, “magical” process is required. It simply means one must apply a little logic to consumer habits.

More on The Thoughtful Approach to Maximizing Your Travel Rewards Gains

Don’t Let Your Rewards Card Balance Get Out of Control

Zenwriting — Mon, 15 Jun 2009 22:49:00 +0000

Many people embrace the savings that a travel rewards card can provide. However, some also worry about running up their credit card balance. This is a legitimate concern particularly for those who use their rewards cards for every purchase. (They want to rack those points up quickly) So, here is a little strategy that will keep that balance from getting out of hand: pay your balance frequently through the month.

More on Don’t Let Your Rewards Card Balance Get Out of Control

Using a Critical Eye towards Travel Rewards Card “Tip” Sites

Zenwriting — Mon, 01 Jun 2009 22:50:20 +0000

While surfing the internet for info on travel rewards cards, you may have come across a website offering advice, tips, and recommendations. The design of these sites is fairly simple. They will provide a one paragraph description of a travel card. The description is often glowing and positive. It is not out of the norm for the site to refer to a particular card as the absolute best of the best. The site will then recommend you click on the card image and follow it to an application page.

More on Using a Critical Eye towards Travel Rewards Card “Tip” Sites