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Get More Miles When You Apply For An Airline Credit Card
By: Alan Bernstein
How does an airline credit card work? Well, the idea of airline credit cards was
conceived when credit card companies decided to collaborate with airlines to
produce better incentives to encourage consumer spending. At that time, the
concept of frequent flyer miles had caught on, resulting to increased customer
loyalty amongst travelers. Those on a frequent flyer program could accumulate
mileage points on every flight they made. Once specific point levels have been
acquired, travelers get to claim free flights to various destinations.
In this sense, airline credit cards offer consumers a reward program that allows
them to convert their reward points into frequent flyer miles at a rate of one
mile for every $1 or $2 charged to the credit card. This way, consumers get to
accumulate their frequent flyer miles at a much faster rate, which can be
redeemed for flights, hotel accommodation or even car rentals. Thus, this works
splendidly for travelers who spend and travel frequently.
How does your airline credit card offer you more miles?
As the credit card market becomes increasingly competitive, many airline credit
cards are offering consumers with very attractive sign-up incentives. A review
on the current airline credit cards reveal perks that work wonders in drawing
consumer attention.
For instance, one of the airline miles credit cards entices new sign-ups with no
annual fees, 5000 Bonus Miles upon first purchase charged to the card, a 0% APR
rate for the first 12 months and 1 mile for every $1 spent. Apart from that,
balance transfers are allowed and the current regular APR rate is low at 10.99%.
However, this may vary as APR rates fluctuate all the time. What’s more, these
airline miles are also applicable for any airline, any seat and with no blackout
dates imposed. This is truly an airline credit card that offers one of the best
privileges around, as long as you have an excellent credit report to back you
up.
Airline credit cards are also offered in multiple forms - Gold, Platinum and
Browse Cards. Each of these cards offer varied Bonus Miles upon first credit
charge to the card. For example, a Bronze airline credit card offers 5000 Bonus
Miles upon first credit card charge, with 1 mile awarded for every $2 spent. On
the other hand, a Platinum airline credit card offers 15000 Bonus Miles for the
first credit card charge and awards 1 mile for every $1 spent.
Finally, it is obvious that alternate airline credit cards offer variable
incentives, as well as collaboration with different airline companies. One
airline credit card allows redemptions with any 25 worldwide airlines, major car
rental companies and also a few hundred hotels. However, one of the drawbacks is
the relatively high regular APR of 17.49% after the 0% APR period is over.
Nevertheless, with only a good credit rating required, this card may be easier
to obtain as compared to competitor airline credit cards.
About the Author:
Alan Bernstein recommends Find Credit Cards to apply for an airline credit card
today. See http://www.findcreditcards.org/type/airline.php for more information. |
