What to Know About Airline Credit Cards
You need to be sure to know what you are going in for before you go in for airline credit cards so as to ensure that you do not get your fingers burned in the process of using them.
Hence it is prime to understand the disadvantages of airline travel credit cards as well as the advantages so that you can make your decision accordingly.
In fact though you could talk about the pros and cons of airline credit cards in general it is equally important to realize that each offering in the market would have their own share of it and hence it is crucial to make an independent evaluation.
- Annual Fees For Travel Airline Reward Credit Cards
It is important to check out the cash outflows that are associated with usage of airline travel reward credit cards.
There is a yearly fee that comes with most travel reward card credit such as airlines credit cards which could go to as high as $100 to $500 per annum especially if it’s a high end card with a lot of perks attached to it.
It is fair enough to go for such exorbitantly priced airline travel reward credit cards if you feel you can make the best use of the perks that such credit cards promise.
- Travel Airline Reward Points
You would be more than willing to enjoy the benefits of airline travel rewards credit cards. After all who would not want a free journey in business class or a free lunch in a boutique hotel.
The catch here is that the points required for you to enjoy either of these benefits or similar ones would need you to do quite a lot of shopping.
The result of the shopping would be the added burden of paying up a mammoth credit card bill which could well lead you up the ladder of credit card debt.
Most people make the mistake of getting into credit card debt after being lured by the expensive rewards that airline credit cards offer and trying to amass points for the same.
- Travel Airline Reward Expiry Date
A lot of people are of the opinion that it is easy to redeem the points in travel airline reward credit cards.
But the actual fact is that the points don’t last forever and hence it is important that you redeem them before the date expires.
If you do not do that you would most likely need to forsake the points as well as the privileges that those points carry with them.