Travel VS cash Rewards

The question is, which type of rewards card makes the most sense for you. The biggest division is between those that provide airline miles (or other types of specific discounts) and those that provide cash back on your purchases. Here are some tips to help guide you.

Cash vs. Miles: Match Your Spending Patterns

Pick the rewards package that fits your goals and lifestyle – and either get a no-annual-fee card or make sure that the rewards offset any fees.

Miles are more limited, but they can be a good choice if your lifestyle involves travel – or you hope it will in the future (maybe you need a little motivation to start planning that trip to Spain). Usually airline miles build up at about the same rate as cash rewards (1% or 2% is standard) and there may be an incentive for signing up. These sign-up bonuses are probably the best rewards you will get out of your credit card, so take advantage while you can. Some miles cards also let you use the points for other travel purchases besides airline tickets, such as hotel rooms or rental cars.

There are two main types of travel cards that deliver rewards in miles: airline- or hotel-specific cards, and more general travel cards.

Airline- or hotel-specific cards will limit your ability to shop for the best deal because you are only earning rewards with one company, but the points can sometimes be redeemed at rates that are more like 3% or 4% (rather than the 1% or 2% of a cash back or general travel rewards card). This is especially true during off-peak travel times – if you are trying to travel during the holidays, expect lower reward returns and beware of blackout dates. Airline-specific cards might throw in added perks, such as free upgrades, waived baggage fees, priority boarding or access to airport lounges. (See Top Credit Cards For Airline Miles Travel.)


You might also like

alpine swiss Alpine Swiss Travel Wallet Neck Pouch Under Clothing Security Stash Bag Black
Apparel (alpine swiss)
  • Thin lightweight and secure, can be worn under clothing to keep your money and passport safe while traveling.
  • Mesh Breathable Body Facing Back
  • Money Belt with adjusting elastic belt expands up to 65
  • Multiple Pockets for Organization
  • Neck Pouch with Up to 19 Adjustable Strap Drop (21 to 42 strap length adjustment)
Travel Blue LTD Travel Blue Secret Sliding Wallet, Black, One Size
Apparel (Travel Blue LTD)
  • Discreet travel wallet slides inside pant waist to protect valuables from potential pickpockets
  • Slim design is virtually undetectable under clothes
  • Made of soft material for added comfort
  • Anti-theft flap and zippered compartment for extra security
Lewis N. Clark Lewis N. Clark Rfid Travel Wallet, Black, One Size
Apparel (Lewis N. Clark)
  • RFID blocking material protects against unwanted scans
  • Zippered pocket with three inner compartments and two belt loops for use with brown or black belts. Attaches to belt and tucks inside pants.
  • Keeps your cash, receipts, and important documents organized and secure.
Conair Travel Smart by Conair RFID Trifold ID Security Wallet
Health and Beauty (Conair)
  • Protects your identity
  • New passports and credit cards feature RFID chips containing your personal data
  • The RFID blocking feature in this wallet helps to prevent identity theft by blocking unauthorized scans
  • Wear around your neck or attach to your belt
Zegur (Tm) Light Weight Money Belt - Comfortable Travel Waist Stash - Security Wallet Gear Undercover Waterproof with Two Zippered Compartments for Carrying Money, Passport Credit Cards and I.d , (Black)
Sports (Zegur (Tm))
  • BUY 2 SAVE 10% - BUY 3 SAVE 20% - we love our customers and want them to love us too. if you buy 2 you can immediately save 10% - and if you buy 3 save 20% at checkout...
  • THIS PREMIUM HIGH QUALITY TRAVEL CHECK WAIST BELT has two zippered Compartments that can conveniently hold stuffs like money, wallet, passport, credit cards and...
  • THE WAIST BAG BOASTS OF A SUPER LIGHTWEIGHT AND COMFORTABLE DESIGN which barely feels like it is there even when you wear it for a very long period of time.
  • IT OFFERS MAXIMUM SAFETY STRONG ADJUSTABLE ELASTIC STRAP to Fit Securely and Comfortably around your waist when you wear the waist belt under your clothes as an...
  • IT COMES WITH A BREATHABLE MESH BACK PANEL that is made of 100% Nylon so that it won t put pressure or cause bruises against your body. - THE BAG IS MADE FROM DURABLE...

Copyright © . All Rights Reserved