Benefits of airline rewards schemes

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Travel with Credit Cards » Benefits of airline rewards schemes

Benefits of airline rewards schemes


Updated: December 26, 2012

Add to Favorites:
There are many criteria to choose a credit card. The most important of all of them is the reward schemes, where the user can reap some benefits out of the credit card. Reward schemes are the decisive factors in making the credit card bad one or a good one. There are a number of reward schemes that the credit card unions have introduced to make the cards appealing to customers. Airline reward schemes are the most appealing of all of them. The system of airline reward scheme is fairly simple. The customer uses the credit card to make purchases and earns bonus air miles for every dollar spent. These air miles can be redeemable at the participating airlines at the time of ticketing. Sometimes, for every air ticket purchased, the customer gets up to 15,000 bonus air miles. The number of air miles earned for every ticket depends on the price of the ticket purchased. Some cards also offer air mile points every time the card is used for any purchase. These points can later be converted into air miles when purchasing the ticket. Airline rewards also combines other incentives such as free hotel stays, free rental cars and so on. Sometimes, if the credit card is used extensively, then the customer will be rewarded with free tickets to tourist attraction or theme parks. Air mile reward schemes are the most beneficial reward schemes for frequent flyers or people who like to travel a lot. There are some things to keep in mind while choosing a credit card offering air miles reward scheme. Some credit cards have only one or two participating airlines where the customer can redeem the airline points. Any other airline flights cannot be included in the air miles programs, which makes the choices very limited. Checking the conditions for this reward scheme before applying for the credit card will give an idea of all popular participating airlines. It is better to sign up for a card that allows the customer to use the card and redeem rewards regardless of the airlines, to get the maximum benefit of this reward scheme. Another matter of concern is the validity period for these reward schemes. Some credit cards have a time limit to redeem the air mile points collected on the card, failure to which will make the points earned obsolete. Choosing the credit cards which do not impose time restrictions is better because the customer will have the liberty to redeem them when needed. Some of these cards can be combined with the airline - own frequent flyer programs. Every airline will have a frequent flyer program, which gives the members benefits including free seat upgrades, free flight tickets, and bonuses like shopping discounts on the airline mall and so on. Most of these frequent flyer programs have benefits if they are combined with air mile reward schemes to redeem free miles. The airline that offers frequent flyer program must participate in the credit card reward schemes to avail this benefit. If chosen wisely, credit card reward schemes can be very beneficial and ease the financial burden from time to time.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

How to Subdue Wedding Expenses and Earn up to $1,000 for Honeymoon

How to Subdue Wedding Expenses and Earn up to $1,000 for Honeymoon

Posted: June 21, 2017

Whether you are married or not, we all agree that marriage is incredibly important for a person. It signifies the beginning of two people as a team, as a family, of a long commitment. It is a newly born union and the sign of your choice, ... Continue reading
How To Choose The Best Credit Card For Everyday Spending

How To Choose The Best Credit Card For Everyday Spending

Posted: June 21, 2017

When you reach for your wallet to pay for groceries, gas, dinner out, or any other everyday purchase, are you searching for cash, a debit card, or a credit card? Many people hesitate to charge this type of everyday spending to a credit ... Continue reading
How to Save Money. Best Credit Card Deals and Tips.

How to Save Money. Best Credit Card Deals and Tips.

Posted: June 20, 2017

We all've been through or may find ourselves in such an emergency when money is needed immediately. Lucky you are if you have savings for unexpected expenses. If not, it's never too late to start saving money. There are different ways to ... Continue reading