Answers
I want to sign up for a reward credit card to get frequent flyer miles as a reward. Is it better to sign up for a credit card with a specific airline as the reward (AAdvantage), or one with generic travel rewards? BofA has a "WorldPoints" card that seems promising, but I don't understand exactly how those points convert to miles.
Any help would be great.
Thanks.
Getting the right reward card that 'really' helps your cause is the first thing that should be kept in mind while going for a reward card. There is no point in taking a credit card with gas reward if you don't drive much. Similarly, if you rarely fly, an airline miles reward card will be worthless for you.
What are the limitations to reward program? Get clear about it. Ask the credit card agent or representative about store preferences, gas outlets to which the credit card is affiliated, airlines, blackout dates, travel restrictions, reward expiry, reward point accumulation and what is required to earn rewards. A reward credit card with lots of restrictions and difficult to redeem gift vouchers or reward points will only frustrate things on your end.
A reward program with balance transfer option with 0% intro APR is a good thing to have. It saves you money on high interest rates, and if used properly 0% intro APR credit card can be a good asset.
A good credit history helps you get a good credit card with excellent reward programs. Credit cards with reward programs have very low tolerance for repayment defaults. Get all information about airline reward card at: http://www.credit-card-gallery.com/best_ reward_credit_card.html
A credit card travel reward that offers an amazing travel rewards card miles points.
I absolutely love my Capital One No Hassle Miles Rewards. The rewards are superb.
Your Next Vacation Is Even Closer With the Most Popular Rewards Card. Earn miles on purchases and redeem them for flights on any airline, with no seat restrictions. Fly anytime you want, including holidays.
This card has no annual fee, a 0% introductory rate that can be applied to purchases until July 2008, and an average interest rate for purchases and balance transfers once the introductory rate expires.
Through the Capital One No Hassle Rewards program, cardholders earn 1% cash back on purchases, and they earn a 25% bonus on all cash earned in the previous year. Also, cardholders earn 1.25 miles per dollar spent on all purchases. There is no limit to the amount of cash back that can be earned, no minimum required to redeem for cash, and no expiration date. Miles are redeemable for flights on any airline with no blackout dates, gift certificates, cash, and merchandise. Miles can also be donated to participating charities.
You may read the great review here:
http://www.rewardcreditcardsite.com/trav el-rewards-credit-cards/capital-one-no-h assle-miles-sm-rewards-excellent-credit/
Other Airline Rewards Credit Cards:
http://www.rewardcreditcardsite.com/airl ine-reward-credit-cards/
I am planning on switching to something else. Anyone have any good suggestions?
Thanks
Don't cancel your Delta, send a secured message via Amex website or call customer service to convert your Delta to another Amex product like Amex Blue as mentioned.
This way you don't get hit with another hard inquiry, will keep the original account opening date and you'll have a card you can hopefully use.
im looking for a credit card that gives enough points right after activation so you can use immediately have a free flight.
The Citi® Platinum Select / AAdvantage® World
MasterCard® will give you 20,000 miles after American Airlines miles after you spend $750 on the card and another 20,000 miles for the next $10,000 you spend on the card.
The American Express Starwood Preferred Guest card will give you 10,000 bonus points after your first purchase. You only need 20,000 SPG points to get 25,000 frequent flier miles on most airlines. So, after spending $10,000 on the card, you'd have enough points for a ticket.
The Capital One No Hassle Miles Ultra for Professionals will pay you 2 miles for every dollar you spend. You can turn 35,000 miles into a $350 ticket. So after spending $17,500 on the card, you'd have enough miles for many tickets.
Also, you can use this rewards calculator to see which rewards cards will pay you the most for your normal spending:
http://www.creditcardtuneup.com/
Bargain Babe » Money Saving Tips Using Credit Cards
This is a guest post from Ask Mr Credit Card, who writes about and reviews credit cards.
Today, I’m going to show you how you can actually save money on top of the money you save from coupons with credit cards. If you are a savvy coupon clipper you would be doing the following:
using store coupon using manufacturer’s coupon know when to buy in bulkJust using these techniques will help you save a lot of money. But there is another thing you could do that will save you even more money. And that is by using a cash back credit card.
What are cash back rewards credit cards? They are cards that pay you a rebate for every dollar that you spend on the card. For example, most cash rebate cards pay you a 1 percent cash rebate for every dollar that you spend on the card. Though that is good, you can do much better than that if you are savvy. The better cards pay more than 1 percent (typically 3 to 5 percent) for spending on certain categories like gasoline, drugstore, supermarket, dining and travel.
...News
Latest bank fee is for paying off credit card on time every monthUSA Today - Oct 20, 2009
Rewards miles often come with restrictions and expiration dates, making it difficult to figure out how much they're worth, he says. "A lot of airline cards and more »Reuters - Oct 22, 2009
AUSTIN, Texas, Oct. 22 /PRNewswire/ -- Annual percentage rates on new credit card offers stayed flat for the second straight week after a run of recent rateThe Associated Press - Oct 15, 2009
Southtown StarThere are of course credit cards that already charge annual fees, including rewards cards tied to specific airlines or hotels. Subprime credit cards Annual Credit Card Fee Makes a ComebackBofA to charge annual fees on some credit cardsall 480 news articles »
Philadelphia Inquirer - Oct 21, 2009
phillydeals: Official: Don't expect all the TARP money backThe bank, which issues cards for Southwest Airlines Co., Marriott International Inc., and other big corporate "rewards" programs, has put ex-US Army Capt. and more »The Associated Press - Oct 19, 2009
WHAT'S AHEAD: AirTran has reached deals to extend its credit card processing agreement with its largest card processor. The carrier has said the card and more »Seeking Alpha (blog) - Oct 22, 2009
Specifically, while virtually every other entity providing private label credit card services has cut back to limit their credit exposure or to preserve and more »Reuters - Oct 23, 2009
Marketing, promotion, rewards and cardmember services expenses decreased 16 percent from the year-ago period, reflecting lower rewards costs and reduced