The top credit card rewards for frequent travellers

Advertising Disclosure is an independent, advertising-supported web site. 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. has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Guides » Travel with Credit Cards » The top credit card rewards for frequent travellers

The top credit card rewards for frequent travellers

Updated: December 26, 2012

Add to Favorites:
Credit card rewards are offered by card issuers to attract customers, especially those who are using other credit cards. There are a whole range of credit card rewards which are offered by different credit card companies. These include travel rewards, rewards for shoppers, special discounts and loyalty points. Each credit card has some or all of the above rewards. In fact there are cash back rewards available as well with card holders getting about 1 – 5% of their cash expenses on their credit cards. There are credit cards which are meant for specific kinds of customers. The best examples are the frequent flyer and frequent shopper credit cards. Here are some of the rewards offered in a regular frequent flyer credit card. Free air miles Every dollar spent by the card holder on the frequent flyer credit card, fetches him a travel mile. As the card holder spends more and more, a lot of travel miles get accumulated. Eventually card holders can redeem travel miles, in the form of discounts on their air tickets. If you are one of those who travel a lot week after week, the frequent flyer card offers really good incentives. Moreover, a lot of frequent flyer credit cards come with opening bonus miles in excess of 20,000 for milestone expenses. In other words, if the card holder spends more than the stipulated amount, in the first few months, he or she becomes eligible for bonus miles that can be redeemed as discounts on air tickets too. Travel insurance A lot of frequent flyer credit cards come with insurance for which you don’t have to pay any premium. There are three common types of coverage offered on these travel reward cards. The first is accident insurance where coverage is offered for travel accidents. The second type of coverage is for travel cancellation, where one can be insured for the losses caused by sudden cancellation of a trip. This is beneficial for businessmen and musicians who perform in different places. Lastly, there is also lost baggage insurance, under which the card holders will receive cash to take care of their needs in case their baggage is misplaced by the airline company. Discounts at hotels, restaurants and entertainment centers Most of the travel rewards provide discounts to the card holder on their expenses including meals at restaurants and stay at different hotels. While some credit cards have explicit tie-ups with hotels and restaurants where one can avail discounts, others offer a general percentage across the table. The latter provide greater flexibility to the card holders. A lot of frequent flyer cards also offer discounts on entertainment. Common features include discounts or free tickets for movies and concerts, which will benefit those travelling with their partner. Cash advance and currency exchange Apart from the above rewards, travel cards also offer cheaper currency exchange and cash advance facilities. In other words, the commission for spending in another country with different currency or for withdrawing money from an ATM is less or sometimes waived off completely.

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

Other Travel with Credit Cards Research:

Related Research:

5 Reasons to Get the Capital One Venture Miles Rewards Card

By Herbert Moore, Posted: January 18, 2017

If you’re looking for a great travel rewards credit card—one that offers unlimited earning opportunities, flexible redemption, and lots of perks—look no further. This card from Capital One has you covered. Continue reading

Credit Card Tips For Holiday Shopping 2016

By Herbert Moore, Posted: November 23, 2016

November and December are the busiest months as gift shopping reaches its peak. People rush around looking for the best gifts and the best deals leaving a lot of money in the shops. Holiday season may force you to go over the household ... Continue reading

Credit Cards to Save More on Holiday Shopping

By Herbert Moore, Posted: November 22, 2016

Discounts and special offers are available all year round. Werther you are a bargain hunter or an impulse buyer, make sure you check online discounts and special offers. Also, if you are a cardholder, see if your credit card opens the door ... Continue reading