People will undoubtedly appreciate it if they can have free airline tickets just because they use their credit card often. Actually, this service is already being offered, it's just not often taken advantage of because of differences in credit card choices and travel habits. It takes some research and planning to get the right credit card that can offer the best airline miles credit cards benefits. This article details some of the things to consider when on the lookout for airline credit cards.
First of all, remember that airline credit cards come in two types: air mile reward cards or frequent flyer cards. The mechanism of the latter is quite obvious as frequent flier cards are used by people who often travel using a specific airline. Usually, you can fully take advantage of this card only if you travel three times a year, at the very least. Otherwise, consider getting the air miles reward card.
Frequent flyer cards are usually made for just one airline, such as American or Delta. You will probably accumulate more miles using this card rather than the airline rewards cards. The miles you accumulate here have corresponding cash values that build up in your account. Your account can then be used to donate, buy, trade, or sell miles. These miles can appreciate or depreciate, depending on the economy and the current price of tickets.
It is equally important to remember that these frequent flier cards usually have interest rates and annual fees you have to settle so that you can continue your use of the card. Take these into consideration as well when selecting the right airline credit card. If you don't fly all that frequently, your card will reflect a balance, and settling this can virtually reduce your benefits to nothing.
Airline reward cards, on the other hand, are not confined to any specific airline. When you use airline rewards cards in your everyday purchases, you can have the benefit of reaping airline tickets using the points that you accumulate. However, the miles you claim would not accumulate to give you any more additional benefits, unlike frequent flyer cards. Because you can claim the miles in almost any airline, the rates that are offered are usually lower as compared to frequent flier card rates. Some air mile reward cards also have additional benefits including gas and hotel discounts.
Finally, remember that these cards should be convenient to you, and should thus serve the airline available at the airport closest to your home. Rising gas prices make it impractical to have to drive to a different airport just so you could use your card. In addition, do your research on airline fares to areas you will travel to most frequently so that you can use your air mile rewards wisely.
Best Airline Miles Credit Cards
Southwest airline credit cards are a good example of co-branded credit cards. Southwest airlines and Chase have teamed up to bring the southwest airline credit cards to you. At the time of writing this article, there are two popular southwest airline cards which are also collectively called as southwest airlines rapid rewards Visa cards. One of these southwest airline credit cards is for personal use (this is called Southwest Airlines Rapid Rewards Visa Signature Card) and the other southwest airline credit card is for business use. Both these southwest airline credit cards are aimed at getting you a roundtrip award faster.
There are a number of ways in which you can earn reward points using Southwest airline credit cards. Southwest airline credit cards have two kinds of reward points i.e. there are two denominations in which you can earn reward points - rapid reward credits and rapid reward dollars. The rapid reward credits are a much higher reward denomination as compared to the reward dollars (e.g. at the time of writing this article, 1200 reward dollars is equal to 1 rapid reward credit).
So how do you earn and redeem the reward points on your southwest airline credit card?
You get bonus reward credits after your first purchase on your southwest airline credit card. These purchases needn't be on southwest airlines products/services, these can be just any purchases made using the southwest airline credit card. You earn reward dollars for any expenditures you make using your southwest airline credit card. There are additional reward dollars, when you use your southwest airline credit card on southwest airlines (i.e. when you use your southwest airline credit card to spend on southwest airlines products/services). By additional we mean, the reward dollars are more as compared to those earned on other, non-southwest airline, purchases. As you keep collecting reward dollars, you keep moving closer to getting a round trip award. Generally, the roundtrip awards are based on rapid reward credits. So, you can convert the reward dollars, earned on your southwest airline credit card, into rapid reward credits; and convert rapid reward credits into your roundtrip award. Another way of earning rapid rewards credit on southwest airline credit cards is through balance transfers.
Southwest airline credit cards are surely a good option for people who travel frequently by air using southwest airlines. Since the network of southwest airlines is pretty widespread, you will find that you are able to get southwest airlines flight to most places you want to travel to and hence get an opportunity to use your south west airline credit card to earn reward points (or reward dollars, as they call them).
Both Iain Stubley & Jenny Styles are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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