About Airline Credit Cards
Why choose an airline credit card?
Having this type of card will allow you to earn rewards that you can redeem toward travel expenses, such as airfare, hotel stays and taxi cabs. Look for a card with no foreign transaction fee and if possible with no annual fee so you can save even more.
What is a airline credit card?
With a travel card you can earn miles or points typically on your everyday purchases and redeem your rewards for travel expense such as airfare, hotel stays and taxi cabs. Some travel cards even offer bonus miles or points for stays at certain hotels or if you fly a specific airline which helps in adding more reward points or miles. Travel cards also may offer perks such as select rental car discounts, concierge services, annual airline fee credit which you can use toward baggage fees and in-flight purchases, priority boarding and the card may also offer airport lounge access. So if you travel frequently you may want to consider a travel card.
What kind of card can I get?
The type of card you can get depends on your lifestyle, your needs and what features are important to you. Of course the offers that are available to you are driven by your credit score and other factors that determine your creditworthiness. If you are fortunate enough to manage your credit responsibly (for example by paying your monthly payments on-time, staying well below your credit limit, etc.) and you are in the good or excellent credit score range you typically will have a larger selection of offers available to you. However you can find some cards for individuals within the fair or average credit range that may also offer perks and rewards, you just need to shop around.
What are the pros and cons?
The upside of having a card like this is if you travel often you can build up rewards that you can use for travel and hotel stays the downside is if the card has an annual fee, some of which can be pretty hefty, the annual fee will cut into your rewards. Bottom line if you travel enough to offset any annual fee or if you value and use the perks to make the annual fee worthwhile then that is a choice you need to make.