Frequent flier credit cards
If you are a person who needs to travel frequently because of personal or business reasons then you can get a lot of benefits with the help of a frequent flier credit card. Frequent flier credit cards are issued by credit card companies is collaboration with airlines
There are a number of airlines that offer their own credit cards so that they can help customers earn money for their travel ticket. Besides most of the major credit card companies also offer credit cards with reward programs in the form of frequent flier miles. They might also get you discount on your air tickets or on flight packages. Let us see both these types of frequent flier credit cards.
Types of frequent flier credit cards
There are basically two types of frequent flier credit cards. One that is issued by the airlines and; the other that is issued by the credit card companies.
The frequent flier credit cards that are sponsored by an airline are focused on the single air carrier. If the center of the carrier is in your city then it can be the source of many destinations. The frequent flier credit cards that are issued by the banks are a good option for people who are looking for flexible plans because the miles that re earned for you are for a number of carriers rather than just one. If you don't have any dominant carrier in your area then you can opt for the frequent flier credit cards.
The frequent flier credit cards that are issued by credit card companies are more of reward programs. When you take a frequent flier credit card you should take a few things into consideration. It is often that the cards sponsored by these banks would fewer miles to qualify for the travel discount as compared to the credit cards that are sponsored by the airline them selves.
The only disadvantage of taking a frequent flier credit card from a credit card company is that there would be finer prints to pay attention on. This would signify that you are supposed to read the finer prints before you decide on the credit card that you want to take.
Considerations before taking frequent flier credit cardsThere is a lot of competition in regard to the frequent flier credit cards. This is because of the fact that there are a number of companies that give out these cards and there is a lot of competition. It becomes difficult for the consumer to decide which credit card would be the best for him or her.
Before you take the frequent flier credit card you should go through the terms and conditions of the credit card so that you are aware of the fact as to what you are paying for. You should pay special importance to the fine print on the credit card application as this at times carries a lot of useful information.
You should also pay stress on checking out the annual percentage rate that you are supposed to pay towards the card. You should not just take the card without taking into consideration the APR and the other fees that the credit card provider is charging you.
Once you are aware of this you should make sure that you would be able to meet the payments towards this credit card and be able to handle the credit card in a proper manner.
How does the frequent flier credit card work?There are a number of credit card companies that have collaborated with some merchant outlets or other companies to offer rewards to their customers. The frequent flier credit cards have support from some of the major credit card companies but the card would display the logo of the airline.
As and when you make purchases with the credit card you would earn points for the airline miles. Most of the frequent flier credit cards would have a specific number of points that are supposed to be earned before you get a free ticket.
Frequent flier credit card providersSome of the credit card providers for frequent flier credit cards are mentioned below.
Capital One? No Hassle Premium MilesSM Rewards: They provide 1.25 miles for every dollar you spend on purchases and you can have the freedom to fly any airline you want, any time you want with no blackout dates or seating restrictions. They charge you an APR of 13.89% and you are required to have an excellent credit score to be eligible for this card.
Miles by Discover Card: They offer frequent flier credit card reward in the form of 1 Mile for every $1 you spend on all your other purchases-personal and business. You can earn double miles on travel and restaurant purchases-up to $3,000 each year. They have 0% intro APR on purchases and balance transfers up to 12 months. The regular APR charged is 10.99%. You must have an excellent credit history for applying for this credit card.
Citi Premier Pass Card-Elite Level: With this credit card you can earn 1 flight point for every mile you fly on any airline, or anyone else whose ticket you buy with the card. This card also offers 0% on balance transfers for the first 12 months and you can have a regular APR of 14.24%.
Blue Sky from American Express: They offer you to cash in points to save on any airline, hotel, rental car or cruise - no blackout dates or travel restrictions. You can earn 1 point for every dollar you spend. They have an introductory 0% APR for the first six months and the regular APR is 13.24%.
Delta Airlines - Gold Delta Sky Miles Credit Card: They offer 15,000 bonus miles after first purchase and 2,500 bonus miles for adding an additional card member with their application. They offer a regular APR of 18.24%
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