Airline miles credit cards are a great bonus if you’re a frequent traveler. With credit card companies competing with each other to give the best rates and get your business, you’ll be able to get some great credit card rewards from airline miles credit cards.
These cards give you points every time you use them, which allow you to save money on airline tickets and vacations. The important thing to do is make sure you have the right kind of card for you. There are two different kinds of airline credit cards and it’s important to know the difference between them.
The two most popular and most-known type of airline miles credit cards are the Frequent Flyer credit card and the Airline miles credit card. The frequent flyer credit cards are given by a specific airline to be used on their airline. Bank of America, American Express or some other major bank, may issue them. This type of card is the first type of airline miles credit cards to hit the market. With the frequent flyer credit cards, you to earn frequent flyer points that have a cash value.
This card is great for the flyer that is loyal to one specific airline. They do not give you the flexibility to shop around for the lowest airfare and they have a higher interest rate.
Airline miles credit cards are sponsored by bank or credit card companies rather than the airline themselves. The advantage with these cards is that they can be used at any airline, giving you the ability to shop around for the best price. As opposed to frequent flyer miles, these cards give you points that can be converted to travel miles or other bonuses that are travel related. These points can be used at hotels, retail stores or restaurants as well.
When most people fly today, they book their flights online, or on the telephone, requiring the use of a credit card, which is where airline miles credit cards come in very handy.
Always compare credit cards before you apply for a card, even if it’s a type of card you think you’ll need like the airline miles credit cards. As good as airline credit cards sound, with their rewards and bonus points, they are not the best credit cards to have. They not only have annual fees but also usually have very high rates of interest, much higher than most credit cards. When you get the credit card rewards for using this card, the interest and fees will eat up most of them.
If you shop around and compare credit cards, you can find cards that give credit card rewards as well as low interest rates. One of the best airline rewards credit cards you may be interested in is the Blue Sky from American Express.