What to Know about Hotel and Airline Credit Cards-hotel

What to Know about Hotel and Airline Credit Cards-hotel
by Trevor Poulson

Hotel and airline credit cards are called "rewards cards" because they offer rewards when you use them. They can be great for those who are frequent travelers by saving them from money.

If you find yourself flying a lot or staying in hotels often, these are cards that you definitely want to take a look at. For instance, a hotel credit card can help you gain enough points to stay at a hotel for days at a time without having to pay. You simply redeem the points that you have accumulated. However, the credit card may only be good for one hotel chain.

An airline credit card will give you points for using the card and you can redeem those points for airline miles. This can reduce your ticket or allow you to fly for free. There are just some things that you have to keep in mind when it comes to hotel and airline cards:

They are best for frequent travelers for the fact that the points can sometimes expire. You want to make sure you use them before they expire so that you can take advantage of them. Fortunately, most cards offer points that don't expire, which is great. This means you can use them when you want to travel. This is especially true when there are no blackout dates or restrictions.

Look for annual fees. Sometimes may be an annual fee to be a member. What you'll find, however, is that you will get the first year free. This enables you to try out the card.

Your interest rate should be quite reasonable. These cards come with great rates so that you will use them and they do come with great credit limits so that you can accumulate your points.

You may get 0% APR for the first month on your purchases, which is a great incentive. After the 12 months, the regular APR will kick in.

One great way to really accumulate points on these credit cards is to charge bills on them and then take the cash you was going to pay those bills with to pay off the card. You can literally charge thousands of dollars a month and accumulate the points you need to reduce your travel costs significantly.

And some cards even come with both hotel and airline savings. This is a great way to literally travel for free. If your flight and your hotel is paid for, all you have to worry about is feeding yourself and using your money to have fun. You can even use your card on your fun and food. Just think of all of the money that is going to be saved. It's rather incredible.

So this is definitely an option for you. These cards are reserved for those who have good credit. If your credit isn't all that great right now, you can do something about it by looking into credit repair so that you can acquire the better credit cards with the better interest rates and great incentives.

About the Author

I'm Trevor Poulson, owner of T.K. Financial Group, LLC. I've spent 15 years in the legal profession as a trial preparation manager in personal injury, and real estate law. My experience in real estate and finance has helped me to understand the credit/debt situation in this country. We are now branching out into online marketing with our site http://www.creditcardissuer.us I also write a bi-weekly blog under http://credithelper.wordpress.com