Description
Credit card travel rewards are points or miles you earn by using your card for everyday purchases. This video quickly explains what travel rewards are and how to use them to save on flights, hotels and more.
To get the most out of a travel card...
—Pick the right card for your lifestyle. That means you earn rewards for the kinds of purchases you usually make, and the card offers the kinds of travel perks you want.
—Watch out for fees. If you're a budget traveler, a card with a high annual fee for luxury perks might not pay off.
—Pay your balance on time and in full every month so you don't waste money on interest charges, pile up debt or hurt your credit.
—Use the card as often as possible, but don't overspend just to earn free points or miles. Remember the goal of paying your balance in full every month!
—Keep an eye on the fine print — will your rewards expire if you don't use them in a certain time frame? Is there a transaction fee if you use the card abroad? The rules will depend on the card.
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Learn more -- check out this article: Cash back vs. points: Which type of rewards card is best?: https://www.creditkarma.com/credit-cards/i/travel-rewards-vs-cash-back-credit-cards
Watch related videos: :15 Take: What's Credit Card Utilization? https://www.youtube.com/watch?v=CPodGoE3yec
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