Author: Elizabeth Nelson
May 25, 2016
When planning a trip abroad, preparation is a key to make it go smoothly. And one of the first things to take care of is money: whether you are going to use cash or travel checks while abroad. Or maybe it will be more secure to have all your money on a credit card? Most frequent travelers use credit cards when travel internationally because they are convenient, secure, and give some perks. If you do not have a credit card or need an additional credit card for your travel expenses, then it is recommended to apply about two months in advance. Thus you will have enough time in case your first application is declined, and you will have plenty of time to receive your card in the mail.
Another thing that distinguishes other travel rewards cards from the Discover it® Miles card, is the promo offer. For example, the HSBC Cash Rewards Mastercard® credit card allows to earn 3% cash back on all purchases in the first 12 months from account opening, but only on the first $10,000 in purchases. If you spend more, you will earn 1.5% cash rewards on those purchases. So, your first-year bonus earnings are actually capped at $300. Here the one-time bonus is already set and you cannot change it.
All credit cards come with these or those security benefits - some have more, the others have less. However, all of them come with fraud coverage. Other security options that may come with a credit card are real-time security alerts, round-the-clock account monitoring, and concierge service. For example, Citi credit cards come with all these and other benefits.
In addition to credit card benefits, there are payment network security benefits. Visa Signature credit cards, Mastercard World, and Discover credit cards will provide you with additional protection while you are traveling and doing shopping abroad.Citi cards are loaded with benefits and perks provided by the Citibank itself and by a payment network. Citi cardholders also have access to rewards programs. For example, the Citi Rewards+℠ Card is easy to use, and there are no limits to how much you can earn. You can spend money at supermarkets and gas stations and you will earn 2x points for the first $6,000 per year and then 1 points per $1. All other purchases will earn 1 point per $1 spent.
Another type of credit cards that can help you to save on travels is a co-branded airline credit card. These cards may come with such perks like first checked bag free, priority boarding, complementary pass, complementary access to airport lounges, and of course enormous number of points for airline ticket purchases. Not all airline credit cards come with all these perks though. For example, the Citi® / AAdvantage® Executive World Elite™ Mastercard® allows cardmembers to receive their first checked bag free on domestic AA itineraries and to enjoy complimentary Admirals Club® membership. Another co-branded card from Citi - the American Airlines AAdvantage MileUp℠ Card - comes with fewer travel benefits.
Co-branded cards are also different in the number of points you can earn. The Citi® / AAdvantage® Executive World Elite™ Mastercard® card gives 2 AAdvantage miles on eligible AA purchases. And the American Airlines AAdvantage MileUp℠ Card gives 2 miles for every dollar spent on AA purchases and at grocery stores. Not only the number of points you can earn vary, but also their value. The value depends on redemption options airlines offer, and different companies may have various redemption options as well as restrictions.
The best and the easiest way to sift out the credit cards you do not like and to find the best one for you is to compare. The above comparison is based on basic and the most important credit card features. Start from basics: you can choose two or three credit cards and then dig into the chosen offers by reading their terms. Knowing all odds of your credit card is also a way to save money.
Wherever you travel or wherever you shop, having a right credit card is very important. The right credit card or cards may save you a lot of money every time you fly or do shopping. Moreover, it is always safer and more convenient to have one or two credit cards in your wallet than stacks of money all around you.
About Travel Cards And Their Features?
Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank about the terms & conditions.
When traveling having more points and miles in the "bank" is always better, and this is something that Capital One® knows well, so they are...
Very shorty Barclay will stop taking applications for their Arrival Plus World Elite Mastercard, according to a recent announcement, so anyone who...
Chase and Southwest Airlines are rolling out a new business credit card offering business owners more ways to earn rewards, as well as a better...
Please specify the following:All these fields are optional
By providing this information you help us make our news letters more useful and informative. Thank you!