Readers: This is article 5 of 25 from my no-nonsense “Credit Card Basics” quick-reference series.
Credit cards are a necessity for most travelers. Best of all, having the right card in your wallet can actually save you money. Heres how:
- Get an airline card. Many airline cards offer bonuses that are big enough to earn a free flight as soon as you sign up. They usually come with additional benefits too, such as free wi-fi and discounts for checked baggage and airport lounges. Some cards also offer occasional low-cost companion fare specials.
- Sign-up for a hotel card. These cards usually offer sign-up bonuses that are instantly good enough for at least one or two nights at a premier property. Most also offer an additional free night every year, whether you use your card or not. Other perks may include free breakfasts, and room upgrades.
- Take advantage of the insurance perks. Many credit cards will protect you from potentially costly travel troubles including canceled trips and lost bags.
- Use a card that waives foreign transaction fees. When traveling outside the country, you can save up to 3% on your credit card bill by using a credit card that doesnt charge a foreign transaction fee. For example, Discover is one company that usually waives those fees.
Photo Credit: GotCredit