Choosing the Best 2017 Travel Credit Card for You
Travel credit cards are one of the most popular kinds of credit cards. They allow you to easily and conveniently enjoy your travels and vacations while keeping all of the expenses in one simple location. They also offer a number of travel-related benefits, and the rewards programs are geared toward travel spending and further travel rewards.
When it comes to choosing the best travel credit card as your new credit card for 2017, there are a few key tips and tricks to follow for each important factor.
Interest Rate
While it may seem obvious that the lower the interest rate is, the better off you are, this is not always the case. Many people who use travel credit cards intend to pay down their full balance each month, so many of the best travel credit cards will have high-interest rates, but tons of other benefits that make them better if you pay your balance in full.
Fees
Fees are a major issue when it comes to travel credit cards. Since the card is meant to make it easy and cheap to make a variety of purchases in different locations all over the world, you want to choose a card that has the lowest fees for international transactions and a wide variety of uses (room deposits, for example).
Points
Carefully read the fine print on the points program for each card that you are considering. Many travel credit cards have special relationships with certain providers, like hotels, and redeeming your points with other brands will have a penalty. There are all sorts of restrictions and qualifiers when it comes to travel reward points, so take your time and do your research.
Revisions
The companies that have relationships with travel credit cards are constantly revising their programs. It is best to choose a travel credit card with a broad rewards program than one that focuses only on one company or one aspect of travel (airlines, for example).
Sign-Up Bonus
There are a lot of great sign-up bonuses out there, but one of the best-kept secrets in the credit card industry is that the best bonuses go fast. Do some research and find out about upcoming credit card releases and the best-limited release bonuses they are offering.
