How To Choose Best Credit Cards For Traveling
As of now, there are so many credit card companies that offer promos or features for people who enjoy traveling. Such promos include cancellation of foreign transaction charges among others. It is very significant to point out that if you are planning to visit a foreign place, it is not enough to choose excellent hotels and airlines. It is also of the essence to choose the best credit cards that will offer you ease and convenience as you try to discover a new place. If you are still on the process of selecting the best credit cards that are perfect for traveling, then the following might help you:
The best credit cards offer various perks and incentives. As you are trying to choose one, make sure that you study the kinds of rewards that they can offer you. There are some companies that provide double miles that are applicable for every purchase. At the same, there are ones that do not charge foreign transaction fees. If you are going to a foreign place, it will be pleasing to know that you’ll be spared from heavy spending.
Consider the APR and annual fees when you are looking for the best credit cards for traveling. It will really be convenient if you will be able to find cards that offer low APR. When it comes to the annual fees, you should be aware of what you really want. Some companies do not have annual fees. However, they do not offer any rewards as you use the card. On the other hand, there are some companies that make you pay for an annual fee. The good thing about this is they offer certain rewards. If the rewards are good and if you frequently use the card, you won’t mind the annual fee.
As you select the best credit cards, you should also think about the grace period. Some companies do not have grace period. In this case, once you make a purchase, you are immediately charged. On the other hand, some companies have grace periods that may be twenty or thirty days from the date of billing. This means that as long as you pay within the grace period in full every month, you will be able to avoid interests.
Traveling is a lovely thing to do because it relaxes you and makes you feel anew. However, it may cause stress if you incur excessive expenses. By choosing the best credit cards, you can be certain that you will be able to save money and find the best deals.
Vacation Travel: Using the Best Credit Cards
Discover Open Road – This card is perfect for those who are always on the road. They offer 2% cash back for the entire year and it is applicable for restaurants and gas stations. People who enjoy road trips definitely consider this as one of the best credit cards. It does not have any annual fee and at the same time, it offers up to 20% cash back bonuses from well-known online shops as long as you shop using their site (Discover.com).
True Earnings – This is from American Express and Costco. This is among the best credit cards for their loyal clients. This credit card as well as the Costco membership offers cash back incentives. You get a certain percentage back from yearly gas purchase, travel, restaurant bills, etc.
Southwest Airlines Rapid Rewards – This is perfect for loyal customers of the store. This helps you have a free flight. It is very easy to earn points using this card. However, it is important to note that you will have to pay an annual fee of $69. If you want the rewards, then this amount is truly worth it.
Capital One Venture Reward – This is one of the best credit cards that offer the most favorable travel airlines rewards. Although there is an annual fee of $59, there are no fees for foreign transactions and the miles that you can rack up are unlimited.
Chase Sapphire Preferred Card – During the first year, it will not require you to pay an annual fee. There are no charges for foreign transactions and the number of the points that you can have is unlimited. You just have to be aware that you have to pay $95 as annual fee.
Being able to visit numerous places exposes us to varying cultures and traditions. It also allows us to encounter more people. By choosing the best credit cards for travel, we will be able to experience those wonderful things without breaking the bank.