According to a recent blog post by Jill from Jilly Plumbing, the #1 San Antonio plumber out in Texas, well, she shares that with every swipe toward your ideal vacation, travel credit cards are among the most lucrative categories of credit cards. You can obtain free flights, hotel stays, and other travel perks by using these cards to accrue points through spending, particularly on travel-related transactions. Additionally, travel rewards cards offer highly desired benefits like access to airport lounges, elite status, and more. This article walks you through some of the benefits and drawbacks of these cards.

Perks of Using a Vacation Credit Card

Reward Categories for Travel Result in More Points

Travel credit cards allow cardholders to earn bonus points on travel purchases such as airfare, hotels, car rentals, trains, and even taxi or rideshare services. Depending on the card, you can earn anywhere from 3X, 5X, 7X, or even 10X points per dollar.

Benefits and Perks for Travelers

Travel credit cards offer rewards like lounge access and airline/hotel elite status. These benefits can make long layovers and hotel stays much more pleasant. Some cards have annual travel credits, meaning that you’re automatically credited $300 per year once you spend that on travel.

The drawbacks of travel credit cards

High Yearly Costs

Some travel credit cards come with hefty annual fees. For instance, the American Express Platinum Card has a $695 annual fee. The key to getting the total value out of travel reward cards with high annual fees is to dig deep into the benefits, which vary from card to card.

Value Maximization Might be Challenging

Getting the maximum value out of your travel reward card can feel like a full-time job. Make sure to take note of blackout and expiration dates and read the terms and conditions. If you have more than one card, it’s crucial to understand the benefits of your card correctly.

Final Thoughts

The article above has cut down the advantages and disadvantages into two points each, but with appropriately detailed research, you can find out more about this.…