Best Credit Card Offers

If you have, or are considering applying for, an airline credit card, you need to ask yourself two questions:

1. Are benefits available from the largest airline in my area?

2. Which airline credit card can I use to reap the benefits quickly?

An airline sponsored credit card only allows you to focus on one specific airline. If that particular airline controls the majority of the destination routes from your area, it will give you convenience and efficiency and it will be extremely economical. Bank sponsored credit cards allow you more freedom. Why? Because the air miles that you accumulate can be used on a wide range of airlines. If you have no airline in your area that controls the majority of destination routes, this is the card that will be most beneficial to you. Another advantage is that often the minimum amount of air miles required before you can use them for travel is lower than with an airline sponsored card. However, use extreme caution. Bank sponsored credit cards are subject to a lot of fine print.

Membership and annual fees can vary greatly for different types of cards. Most major credit card companies offer standard, gold and platinum air miles credit cards. Keep in mind that the better the option, the higher the fees. Gold and platinum cards offer high credit limits but membership and annual fees are also higher and these add up quickly. Most major credit card companies offer introductory air miles cards with 0 % interest. Why? Because they want your credit card business. If interest rates are of concern for you, an air miles card should not be the card you choose because interest rates tend to be very high. Many air miles credit cards have a minimum number of miles that have to accumulate before you receive a free or discounted trip. Be sure to read the fine print and then read it again. Be sure you understand all of the stipulations.

If you travel frequently for business or pleasure, air miles cards can be very beneficial. With these types of cards, you use your credit card to purchase all necessary goods and services. In return, you accumulate rewards in the form of points and then you redeem them for air miles. You then use the air miles to get free or discounted trips to the destination of your choice. As an added incentive, airline credit cards often offer bonus air miles at selected stores, or on specific travel destinations. Usually, both airline and bank sponsored cards give bonus air miles when you sign with their company.

There are some disadvantages to having an air miles card. Usually these cards, as mentioned earlier, have much higher interest rates than standard cards, which can add up quickly if you don’t pay the entire balance off each month. Another disadvantage is that these cards are often used for unnecessary purchases in order to accumulate points to be exchanged for air miles. As with all credit cards, air miles credit cards have to be used responsibly in order for the cardholder to reap the benefits.

Besides the long string of numbers that identify your account, there is a short little series of numbers that makes up your card’s expiration date. Most of us don’t even pay any attention to that date, but you can bet that the credit card approval network knows exactly when your card expires, and for good reason. Actually, there are several reasons, so let’s take a look.
Top Reasons Why a Credit Card Has an Expiration Date

One of the most simple and uncomplicated reasons the credit card will expire is that the magnetic strip will not last forever. Although the plastic card itself is virtually indestructible, the magnetic strip is a little touchier and will eventually wear out. When that happens your card will no longer be readable by credit card terminals and ATMs.

Some institutions use an expiration date as a way of reconnecting with the cardholder. It gives the company and the user the opportunity to get together and discuss any issues or complaints that the customer may have. It also allows the card company to appear to care about you as a customer. They will send you a friendly reminder, kindly offering you the chance to renew with your same comfortable company. With all the competition out there, comfort and history can go a long way in keeping customers.

Cardholder security is another reason. This allows the company to check up on you and make sure you are who you say you are and nothing has changed. With identity theft being what it is today, this is a good thing. Some people have had credit cards opened in their names without their knowledge and charges have been made. If the card expires, the company will contact you and possibly warn you about current fraud trends.

The company may use the expiration date as a way to remind you they are there. For people who don’t use their cards very often, this can be a gentle reminder of just what’s in their wallet and, hopefully, remind you to use it.
Nearing The Expiration Date

It is actually quite easy to renew your card. About a month before your current card actually expires, a new one will suddenly appear in the mail to replace your expired one. This is great if you’re in town. If you are going to be traveling, check your card before you go. If it will expire before you get back, call ahead and get your new one before you leave.

Once you have your new card, read the material that came with it. This may very well include a list of new and improved terms. If you find these terms to be new, but not improved, contact the card company. Do not use the card until you have received verification that the terms have been changed to your approval. If they refuse, you can always cancel the card. Trust me, it won’t take long to find a replacement.