A credit card is a plastic card used to purchase goods and services and then pay the cost at a later date. Some credit cards offer more than just a convenient way to make purchases. For example, credit cards with airline miles benefits allow consumers to rack up free air travel miles simply by making purchases with the credit card.
How Can you Use Your Airline Miles Benefits?
Some credit card companies have specific guidelines involving how and when you can use your accumulated miles. Other credit card companies allow customers to use their airline miles benefits whenever and to wherever they want. It’s important to consult your credit card company to see precisely how they govern the use of airline miles. That way, you won’t be caught off guard or inconvenienced when you are ready to start your holiday.
Where Should You Travel?
One of the hardest decisions to make with regard to a credit card that has airline miles benefits is where to travel. Some consumers simply want to cash in their miles to visit family members who live in the same country but too far away to comfortably drive. Others use their miles to visit exotic and faraway locations in different continents around the world. This decision is completely up to you.
Saving Miles for Greater Opportunities
One great trick for consumers who have a credit card with airline mile benefits is to save your miles for as long as possible. Often, credit cards add miles slowly at the beginning. The miles can increase exponentially the longer you hold onto them. Plan to use your airline miles a few years down the road. You’ll save money on your airline tickets or even travel to a more exotic location around the world.
Saving your accumulated miles can be difficult; many consumers want to use their miles as quickly as possible by taking short flights around the country. However, when you can travel to a destination that you may never again see in your life, you’ll form lifelong memories and have incredible experiences that will be well worth the wait.
A credit card with airline miles benefits is a useful tool to have, but it can also provide some exciting perks to account holders. If you have a credit card that allows you to accumulate air travel miles, you can pursue your love for travel without racking up huge airfare bills.
Many people have credit cards that provide them with free airline miles for each dollar spent with the credit card. This is an incredibly valuable benefit, and customers can travel to a variety of exotic destinations and vacation spots by exchanging their airline miles for a free ticket. While many people focus solely on choosing their desired destination when they decide to redeem accumulated airline miles, it’s also important to focus on the perfect airline to use when getting to your chosen destination.
Choose the Perfect Airline
There are hundreds of different airlines and subsidiary airlines operating throughout the world, and each airline has its own list of pros and cons. If you are having trouble choosing the perfect airline for your next trip, answering these questions may help guide you through the decision process. Choosing the perfect airline will dramatically reduce the stress you experience on vacation, so you can focus instead on enjoying yourself.
How Many People Are in Your Party?
First, it may be helpful to consider the number of people with whom you will be traveling. Some airlines work better for individuals traveling alone. If you are traveling by yourself, you may be able to afford an upgrade to business class seating or first-class seating. These seats are more comfortable and the service is much better. If you are travel with friends, you might want to reserve several rows of seats so that you can all travel together. There are some airlines that cater more toward families, so be aware of what groups your airline is best able to serve.
How Long is Your Flight?
The length of your flight can also influence your airline selection. If your flight is short and domestic, you might be able to cut some costs by eliminating luxurious additions that simply won’t be necessary on a brief flight. If, however, you plan on crossing an ocean or traveling to the other side of the world, you’ll want to invest in a little added comfort to make the flight more bearable.
Will You Have Checked Baggage?
Estimating the amount of baggage you’ll be bringing on the flight can also help you choose the right airline. Some airlines charge exorbitant fees for checking an extra bag, and this may eliminate a particular airline as a valid option for your travels.
Spending some time evaluating different airlines before you make a purchase will ensure that you use your accumulated airline miles effectively and conservatively.Read More
While credit cards can be a great way to prepare for emergencies and spread out the cost of big purchases over a longer period of time, excessive debt can be a real problem for consumers with credit cards. These credit card tips will help you avoid excessive debt.
Create a Budget
The easiest way to avoid getting overwhelmed by excessive debt is to create a strict budget and stick to it at all times. If you cannot afford to purchase a large item and incorporate monthly credit card payments into your budget, then you should not purchase the item. A budget is a guidebook to financial security. With a budget, you can see precisely where your money is going, and you can avoid accumulating too much debt.
Never Use Credit Cards to Pay Recurring Bills
One thing to avoid with credit cards is using a credit card to pay recurring bills. If you use a credit card one month to pay a monthly bill such as your electric bill, gas bill, or rent payment, you’ll have to pay that same monthly payment next month in addition to a minimum credit card payment. The credit card tip here; credit cards should be reserved for special monthly purchases that fit within your budget.
Make More than the Minimum Payment
If you can, try to make more than the minimum payment each month on your credit card. Paying more than the minimum will chip away at your credit card debt and help you pay off the credit card more quickly. Even a few extra dollars each month can go a long way in reducing total debt. It will also significantly reduce the chances of surcharges such as late payment fees and penalties.
Save for as Much as Possible
While it’s tempting to use a credit card to purchase items right away, you should try to save for them as much as possible. If you plan on purchasing new appliances, new electronic equipment, or even a new car, saving for the total cost is preferable to racking up excessive credit card debt.
Credit Card Tips #5 – Avoid Late Payments
One simple way to avoid excessive amounts of debt is simply to make payments on time. Late payments add late charges to your account balance, and these charges are added to the principal amount of your debt. This means that late fees will accrue interest just like the regular amount charged to your credit card. If at all possible, make payments on time. You can set up recurring debit payments or direct bank account withdrawals to ensure that you never miss a payment.
Credit cards are only dangerous when used irresponsibly. With these credit card tips you can steer clear or any major credit card debt, and instead enjoy the benefits.Read More
Scheduling a family vacation is a great way for families to share in a life-changing experience. However, many families simply cannot afford to go to the places they most want to visit. Vacations are quite expensive when parents and children must have airfare, accommodations, meals, and other expenses. Credit cards that offer airfare perks, however, can go a long way in making vacations affordable for families. What can you do with those savings? There are a variety of ways to put the money you save to good use.
Enjoy More at Your Destination
When you save money on your airfare by using accumulated credit card airline miles, you can enjoy more at your destination. Many families have to severely cut back on the sights they see and the things they experience simply because getting to the destination was so expensive. If you save money on airfare, though, you can spend that money on making the vacation more worthwhile.
Upgrade Your Accommodations
Families can also use the money they save on airfare to upgrade their accommodations. Improved accommodations can dramatically increase the overall quality of the vacation. Many families have horrible vacation experiences that are caused by poor accommodations with minimal amenities. By upgrading your hotel or motel, you’ll be more likely to enjoy your next family vacation. A high quality hotel can make a world of difference.
Save Money for Your Next Vacation
When you use credit card airline miles to fund your next vacation, you’ll be able to save a great deal of money on the vacation as a whole. For many families, the cost of airfare is the most expensive part of the vacation. Families that want to travel by plane in order to experience more exotic locations often have to limit their vacations to once every few years. When you save money on airfare through credit card perks, however, you can schedule more frequent vacations. You can also apply the savings you earned on this vacation to fund your next vacation. These savings will snowball, and you’ll be going on vacation for a shockingly low price in the near future.
Making Vacations Affordable
Family vacations are an important part of the family experience. Vacations create family togetherness, engineer shared experiences, and bring family members closer together. There’s no reason to schedule a family vacation that practically breaks the bank. When you use credit card perks to save money on airfare, you are making vacations affordable and can plan a family holiday that won’t stress your pocketbook.Read More
Choosing the right flight schedule can maximize your vacation. Here are some worthwhile tips:
The Benefits of Nonstop Flights
Nonstop flights, while more expensive, are much more efficient ways to travel from your home to your intended destination. A nonstop flight may not be available in all areas. If you don’t live close to an urban center, you may have to take a connecting flight from a smaller airport to a larger, urban airport that offers nonstop flights to your destination. Choosing flights with short layovers is advised in these situations. You may wish to consider choosing different airlines for different legs of the journey in order to make your travel time efficient. However, it’s important to know that if your first leg of the journey is delayed and you miss a flight with another airline, you will not be able to get a refund for that missed flight.
Depart Early, Return Late
When you are planning a vacation to an exotic location, you might want to spend some time considering the times at which you depart from your home and from your destination. Many people want to leave as early as possible on the first day of their vacation because they are afforded more opportunities to experience their vacation location. When you depart early, you can arrive at the airport and catch some much-needed rest while you are flying. Then, when you arrive, you will still have a few hours left in the day to check in at your hotel, visit the surrounding areas, and even get a bite to eat at an interesting restaurant.
For the return journey, you will probably want to avoid scheduling a flight too early in the day. If you schedule a flight in the early hours of the morning, your entire day will be devoted to travel. This, obviously depends on the length of your flight and your personal preference as a traveler. If you schedule your return flight in the afternoon, however, you can enjoy one last morning of vacation before it’s time to return home.
Maximize Your Vacation
If you are using free miles from a credit card to fund your journey, it’s important to maximize your vacation as much as possible. Many credit cards allow you to choose whichever flight you want, so you can depart early and return late to maximize the amount of time you spend on vacation. Avoiding long layovers on your journey will also eliminate wasted travel time and give you more opportunities to relax and sightsee.