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Cards That Earn Bonus Rewards On Every Dollar Spent

There are plenty of options for cards that earn bonus rewards for spending. These are cards that offer you either cash back or points on each purchase you make. Some of the most popular rewards credit cards will give you bonus points or bonus cash back. The Discover It, for example, offers bonus cash back on rotating categories. The idea of rotating categories is that the categories will switch quarterly. You will earn 5% cash back (or 5% points, depending on the card) for that quarter.

Popular categories for the bonus rotating categories include purchases made at gas stations, grocery stores, dining, online shopping, home improvement stores, and department stores. They can be anything that the credit card company chooses and thinks that their customers will enjoy. Typically there is a cap on the spending in the bonus categories. Going back to the Discover It example, it has a $1,500 spending cap for their rotating bonus categories.

Fixed bonus categories would refer to cards that offer bigger bonuses on certain categories all the time. For example, the Barclaycard Rewards MasterCard offers two points per dollar spent on all gas station, grocery store and utility purchases. This is offered year round with no spending cap. With no annual fee, cardholders get great rewards at a fixed rate all year long.

What if I don’t like rotating categories?

If rotating categories are not for you and you would prefer to get great rewards all year long on all purchases, you are in luck. We have put together a great list of options for you. Each of these cards offers greater than 1% cash back on all purchases. Take a look and see if any of them are right for you!

Citi Double Cash

Want to earn cash back—twice? The Citi Double Cash card lets you do just that. Earn 1% cash back on every purchase, plus earn another 1% cash back for every payment that you make. In addition to the great cash back offer, the Citi Double Cash card offers a 0% introductory rate for the first 15 months that you have the card.

After that, the card offers a competitive APR of 12.99-22.99%, based on your creditworthiness. There is no annual fee for the Citi Double Cash card, so you have nothing to lose with this gem. No worries about spending in certain categories, or registering for rotating rewards. You get the same rewards year round, with no spending cap other than your credit limit. There is no limit to the cash back that you can earn with this card.

Capital One Quicksilver Card

Unlimited cash back is the name of the game with the Capital One Quicksilver Card. You will earn 1.5% cash back on every purchase you make using this card with no limit to the cash back you can earn. There are no specific spending categories or bonus categories to think about. Just use this card for any purchase and get the full reward. Capital One Quicksilver also offers you a $100 cash back reward after you spend $500 in the first three months that you have the card. This is a substantial bonus right off the bat for new cardholders, at 20% cash back!

The cash back rewards are easy and flexible to redeem. You can redeem them at any time for a check, gift card(s), statement credit, or even merchandise. There is no annual fee for this card. You can also enjoy a 0% introductory APR for a limited time on all purchases and balance transfers made using the Capital One Quicksilver card. After the introductory period, the APR will be 12.9-22.9% on purchases and all balance transfers. Another great perk is being able to track your credit score for free so that you can stay on top of any changes right as they occur.

Capital One BuyPower Card

Are you in the market for a new vehicle? The Capital One BuyPower Card might be just the answer. This card offers you 5% cash back rewards on the first $5,000 you spend each year, and 2% on all purchases you make after that. This is a huge reward. You can use the cash back rewards toward the purchase of a new Chevrolet, Buick, GMC, or Cadillac.

The earnings never expire, as long as you have the card. You can really rack up a lot of cash back toward your next vehicle with this card. Because there are no rotating categories, you can use this card for any and all purchases, and watch your cash back rewards add up. Also, Capital One BuyPower card offers an introductory 0% APR for the first 12 months that you have the card, for all purchases and balance transfers. When the introductory period ends, you will pay 11.90, 15.90, or 19.90% variable APR, depending on your creditworthiness.

Looking For Travel Rewards?

Rewards cards come in many shapes and forms. Some offer cash back or credit toward a new vehicle, like the cards listed above. Others will offer some pretty tremendous travel rewards for those who really want to maximize their rewards. Travel rewards are some of the best in the credit card world, since you can often get more than $1 for each point or mile earned. Here are a few of the best ones we can find for you.

Barclaycard Arrival Plus

Super value can be found for travelers when they have the Barclaycard Arrival Plus card. You can earn 40,000 bonus points after spending $3,000 in the first 90 days that you have the card. Earn 2 points for every dollar spent on travel purchases or earn one point for every dollar spent on every other purchase. One of the biggest perks of this card is that cardholders get an extra 10% rewards when booking their travel through Barclaycard or anytime they redeem their miles for statement credits.

The Barclaycard Arrival Plus also offers a 0% introductory APR for the first 12 months on purchases and balance transfers. After that, the APR will be either 14.99% or 18.99%, depending on your creditworthiness. There is an $89 annual fee for this card, but that is waived for the first year.

Capital One Venture Rewards Card

Earn travel rewards fast at a rate of 2 points per dollar spent on every purchase you make with the Capital One Venture Rewards Card. Earn an additional 40,000 points when you spend $3,000 in the first three months of having the card. Cardholders will get a 0% introductory APR rate for the first 12 months after approval on purchases and balance transfers, with a 13.9-20.9% APR after that period ends.

The miles that you earn using the Capital One Venture Rewards card can be flexibly redeemed for flights, hotel, rental cars, and other travel benefits. There are no blackout dates or restrictions on airlines if you book through Capital One. If you prefer to book through your travel agent, the Purchase Eraser feature will allow you to redeem your miles and get credit within 90 days of making a travel purchase using your Capital One Venture Rewards card. Track your credit simply, with your credit score being available every month on your statement or through the online access. There is a $59 annual fee, which is waived for the first year.

BankAmericard Travel Rewards Card

With the BankAmericard Travel Rewards Card, you will earn 1.5 points per dollar spent on all purchases made with the card. There is no limit to the number of points that you can earn. Apply online and earn an additional 10,000 points by spending $500 within the first three months. This adds up to a $100 statement credit when you book any travel rewards.

Conveniently, there are no blackout dates and no restrictions on your travel rewards. There is no annual fee for the BankAmericard Travel Rewards card. Cardholders will enjoy a 0% introductory APR for the first 12 months on purchases and balance transfers when they are approved for the card. After that, an APR of 14.99-22.99% will apply. There are no foreign transaction fees for this card.

Wyndham Rewards Visa

The Wyndham Rewards Visa is a great card for those who love to travel and want to earn free nights at Wyndham hotels and participating partners. Earn 5 points for every dollar spent on participating hotel stays, and earn 2 points for every dollar spent on all other purchases.

You can earn an additional 30,000 points after making your first purchase using the Wyndham Reward Visa card, and another 5,500 bonus points each year. That is enough for a one night stay at any participating hotel. This card has a $69 annual fee, which is not waived for the first year. The APR is 15.24% or 19.99%, depending on your credit history.

Citi Hilton HHonors Reserve

With the Citi Hilton HHonors Reserve card, you will quickly build up plenty of points toward your next vacation at any Hilton hotel or participating partner. You can earn 10 HHonors points for every dollar spent on hotel stays at participating hotels. Or earn 5 HHonors points for other travel purchases, including flights and rental cars. Earn 3 HHonors points on all other purchases made using the card.

Cardholders will enjoy Gold Elite status with HHonors, which will be upgraded to Platinum status if you spend $40,000 in one calendar year. Spend $10,000 per year and earn a free weekend night each year on your anniversary. Earn two free weekend night certificates after spending $2,500 within the first 4 months after being approved for the card. This card has a $95 annual fee. There is a variable 15.24% APR for this card.

Final Thoughts

As you can see, there are a variety of rewards cards available right now, with more being added frequently. One of them is right for you. Some people prefer rewards cards with straight cash back rewards options, but if you are not a fan of rotating categories and just want to earn tons of points, or you are a frequent traveler (or want to become one), then choosing one of the awesome travel rewards cards that are available will help you quickly earn points toward your next travel adventure!

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The Chase Sapphire Preferred vs. Citi ThankYou Premier Card

Citi ThankYou Premier Card

Having a credit card that rewards purchases related to airfare, hotel stays, rental cars, and other transportation can be a method to save a substantial amount of cash each year. Travel rewards points or miles translate quickly into dollars. But not every travel rewards program is equal. Two of the top-rated travel rewards credit cards, the Chase Sapphire Preferred and the Citi ThankYou Premier, each offer strong earning potential to card members. However, the credit cards vary in how miles are earned, how they can be redeemed, card member benefits, and cost. Let’s take a closer look at both travel rewards credit card options.

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Rewards Program Breakdown

The Chase Sapphire Preferred credit card has one of the strongest rewards programs for travelers. Each dollar spent on dining at restaurants and travel, including airfare, taxis, hotels, and trains, earns card members two rewards points. All other purchases earn a single point for each dollar spent. There are no caps on earnings. New card members can maximize earnings by taking advantage of the promotional offer of 50,000 bonus points earned when $4,000 is spent on the card within the first three months after account opening. Adding authorized users adds an additional 5,000 bonus rewards points when a purchase is made within the same time frame.

The Citi ThankYou Premier credit card also offers a strong rewards program. Cardmembers earn three points for each dollar spent on travel-related expenses. Unlike the Chase Sapphire Preferred card, the Citi ThankYou Premier card offers the enhanced points potential on gas purchases as well. Cardmembers earn two points for each dollar spent on dining and entertainment purchases too. All other purchases made with the Citi card earn one point per dollar spent, with no cap on earnings. Currently, Citi ThankYou Premier card members do not have the chance to earn a one-time rewards bonus as an introductory offer. This makes the Chase Sapphire Preferred card a better choice for those who want an upfront perk.

Redeeming Points

Chase Sapphire Preferred credit card members have the option to redeem points for travel on air, land, or sea directly through the Chase Ultimate Rewards site. Cardmembers can receive as much as 20% off travel purchases through the redemption site. There are no blackout dates or restrictions imposed. Citi ThankYou Premier cardmembers can utilize points to redeem gift cards, shopping through select partner retailers, cash, and even charitable donations. ThankYou points may also be used to purchase travel through Citi’s Travel Center. Points are worth 25% more when redeemed for hotel stays, cruises, car rentals, and airfare purchases. The redemption options through Citi are far more robust than through Chase. They are especially attractive to those who want flexibility above and beyond travel-related purchases.

Additional Benefits

Both cards allow cardmembers to transfer accumulated rewards points to partner loyalty programs at a 1:1 ratio. Citi does not specifically list the transfer partners eligible under the ThankYou points program, but Chase includes the following:

  • Ritz-Carlton Rewards
  • Marriott Rewards
  • IHG Rewards Club
  • Hyatt Gold Passport
  • Virgin Atlantic Flying Club
  • United MileagePlus
  • Southwest Airlines Rapid Rewards
  • Singapore Airlines KrisFlyer
  • Korean Air SkyPass
  • British Airways Executive Club

In addition to transfer potential, each travel rewards credit card offers supplemental benefits to cardmembers. Chase Sapphire Preferred and Citi ThankYou Premier account holders have access to chip-enabled card technology. This allows for wider acceptance around the world. Chase customers have a variety of travel and purchase protection benefits, including trip interruption, cancellation insurance, and extended warranty protection. Citi customers can access a personal concierge service anytime, day or night. Purchases are covered with damage and theft protection up to certain limits. Both Citi and Chase cardmembers have $0 liability for fraudulent or unauthorized charges.

Card Member Costs

Chase Sapphire Preferred cardmembers and Citi ThankYou Premier account holders won’t have additional fees for transactions made outside the United States. However, both travel credit cards come with an annual fee of $95. Currently, both card providers waive the annual fee for the first year. Neither Chase Sapphire Preferred nor Citi ThankYou Premier applicants are offered a low introductory interest rate on purchases or a promotional rate on balance transfers at this time.

The Chase Sapphire Preferred credit card has a variable interest rate that fluctuates with the broad market. This typically ranges from 16.24% up to 23.24%, depending on the creditworthiness of the applicant. Balance transfer interest rates are the same as purchase rates. A fee of $5 or 5% (whichever is greater), is applied to all balances transferred to the card. The cash advance APR for Chase Sapphire Preferred customers is 25.24%, and a fee of $10 or 5% (whichever is greater) applies.

The Citi ThankYou Premier credit card also has a variable interest rate for purchases, depending on credit history and score. Similar to the Chase option, balance transfer made to the Citi card receive the same APR as purchases, and a $5 or 3% (whichever is greater) applies. Cash advance interest rates are a standard 25.49% with a $10 or 5% fee (whichever is greater).

The Verdict

The Chase Sapphire Preferred and the Citi ThankYou Premier credit cards are great options for individuals who are on the go. For those interested in an upfront bonus, the Chase Sapphire Preferred card is a smarter option. Those looking for higher rewards potential on travel purchases should look at the Citi card. Both travel credit cards offer substantial discounts on trips arranged through their travel sites. The absence of foreign transactions fees for either card make them both appropriate for overseas travelers. The other fees are comparable. Neither card is great for someone looking for an introductory 0% offer on purchases or balance transfers. Prospective card members should consider the total cost of each card and the corresponding benefits prior to applying.

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Comparing the Discover it Miles vs. The Barclaycard Arrival Plus

A number of varied travel credit cards are available to individuals with the wanderlust bug. Utilizing rewards credit cards with extensive travel benefits, from frequent flyer points bonuses or statement credits on travel related purchases, can have a major impact on the total cost of your next big trip. But, it can be a challenge to determine which travel credit card is truly the best in terms of rewards, extra perks, and costs. Let’s take a look at two heavy hitters in the travel rewards card genre: the Discover it Miles credit card and the Barclaycard Arrival Plus credit card.
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It’s all about the Points

The Discover it Miles card is specifically designed for the traveler with a penchant for simplicity. As a flat rate rewards card, the Discover it Miles program allows card members the opportunity to earn 1.5 miles on each dollar spent, regardless of category or amount. There are no bonus categories to track on a quarterly basis, and no reduction in rewards earnings once points reach a certain level, making this card a smart choice. As an additional bonus for new card members, Discover is offering to automatically match all miles earned at the end of the first account year with a limit and without having to make a minimum dollar amount of purchases.

The Barclaycard Arrival Plus is also considered a flat rate rewards card, but offers 2 points for each dollar spent. There are no rotating categories that increase rewards potential, and no limit on how many miles can be earned in any given time period. Compared to the Discover it Miles credit card, the Barclaycard Arrival Plus program offers a bonus for new card members as well. After a minimum of $3,000 are spent in the first 90 days after account opening, card members with Barclaycard Arrival Plus earn 40,000 bonus miles.

The Discover it Miles credit card and the Barclaycard Arrival Plus credit card differ in terms of miles redemption, despite being similar in terms of flat rate rewards. Discover it card members can redeem accumulated miles in any value, at any time, and miles never expire as long as the account remains in good standing. Redemption can be taken as a statement credit for travel related purchases, or as a cash back deposit into a checking or savings account. In addition, Discover it Miles members can receive up to $30 back each year for in-flight Wi-Fi purchases.

The Barclaycard Arrival Plus credit card requires a minimum of 10,000 miles to accumulate prior to card members having the opportunity to redeem. Barclaycard miles can only be redeemed for qualifying travel purchases made with the card, as a statement credit, which means only purchases of $100 or more that took place within the last 120 days. For new card members who do not end up qualifying for the bonus mile promotion, reaching the required minimum for miles redemption with the Barclaycard Arrival Plus credit card could present some challenges. However, Barclaycard Arrival Plus card members earn 5% in miles back that can be used for their next redemption, each and every time miles are redeemed.

Added Value through Member Benefits

Both Discover and Barclaycard offer attractive benefits for card members. First, both Discover and Barclaycard provide card members with free access to their individual FICO scores either through the respective mobile app or the desktop log-in. That’s where the benefit similarities end, as the travel credit cards differ in most other value-added aspects.

Discover it Miles card members have a variety of security features inherent to the card that make it appealing for those concerned about ongoing control. The Freeze It feature allows card members to prevent new purchases, cash advances or balance transfers on the card if it is temporarily lost or stolen, simply by selecting the option in the mobile app or online. Additionally, free overnight card replacement is available for all card members when needed. Discover also provides 24/7 monitoring of accounts to ensure no suspicious activity is taking place.

Barclaycard Arrival Plus card members also have access to a number of added benefits, including travel accident and trip cancellation insurance. Baggage delay insurance as well as auto rental collision damage waivers are also available to card members on the go. Barclaycard also provides $0 fraud liability on any unauthorized charges made with the card, providing added peace of mind for card members. Not found with Discover it Miles card members is the direct access to MasterCard World Elite Concierge and Luxury Travel Benefits that Barclaycard Arrival Plus members have automatically. This enhanced benefit is incredibly valuable to those who travel often or are seeking a unique experience while away.

The Dollars and Cents

The main difference between the Discover it Miles card and the Barclaycard Arrival Plus card is the cost. Barclaycard members are subject to an annual fee of $89, although it is waived for the first year the account is open; Discover it Miles card members do not pay an annual fee at all. Both card options offer no foreign transaction fees on purchases made outside the United States – a lifesaver for those who travel abroad often.

Barclaycard Arrival Plus credit card members are subject to an APR for purchases and balance transfers of either 16.24% or 20.24%, based on creditworthiness. Discover it Miles card members start as low as 11.24% for purchase APRs, and can go as high as 23.24%, again based on credit history and score. The Discover it Miles credit card comes with a 0% introductory rate on purchases for the first 12 months, while the Barclaycard Arrival Plus card comes with a 0% balance transfer offer, also for the first 12 months.

Which is Right for You?

Both the Discover it Miles card and the Barclaycard Arrival Plus card are top contenders in the world of travel credit cards, but it is important to know what you want out of a card prior to applying. Although the Discover it Miles card comes with a lower rewards earning rate (1.5), the flexibility to redeem for statement credits or cash back is an attractive perk, as is the lack of an annual fee. For those who are strictly seeking out a travel rewards card and spend enough to justify the annual fee and high redemption barrier, the Barclaycard Arrival Plus credit card may be the better option.

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Review of the no annual fee Capital One Venture Card

Finding the right travel rewards credit card fit for your specific needs and spending habits can be a challenge, especially given the onslaught of advertisements flooding the television and online. Capital One is arguably the leader in terms marketing efforts pushed out to the masses, with notable celebrity endorsements and amusing commercial spots. But all the pomp and circumstance surrounding a credit card does not always mean it is the best option for spenders. To help you determine if the Capital One VentureOne credit card is the one for you, we’ve cut through the fluff to bring you the clear upsides and downsides to the card. Here is our review of the no annual fee Capital One VentureOne credit card.

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VentureOne Card Basics

The VentureOne credit card offered by Capital One is a flat-rate travel rewards card. Card members earn 1.25 miles on every dollar spent, regardless of the category of purchase. Each rewards mile through Capital One is worth $0.01, and there is no cap on how many miles can be earned. Also, miles don’t expire, making this an attractive travel card for those who do some heavy spending.

Currently, Capital One is offering a bonus to new card members of the VentureOne card. A one-time 20,000 bonus – or $200 worth of miles – is credited to the card member’s account if at least $1,000 in purchases is made within the first three months after account opening. The combination of miles earned on everyday spending and the initial bonus potential makes the VentureOne card stand out among some of its travel credit card peers.

As a true travel rewards credit card, VentureOne card members are restricted in terms of how miles are redeemed. For now, accumulated miles can only be used as a statement credit toward travel-related purchases. As an example, a card member who purchases airfare on her Capital One VentureOne credit card could use her accumulated 20,000 miles – or $200 – to offset the total cost of her flight. What makes the VentureOne card unique is that there is no need to redeem miles through a dedicated travel site; instead, card members can book their travel how they see fit, directly through the provider or through a partner site. That means no blackout dates and no other pesky restrictions as seen with other travel rewards cards.

Miles cannot be exchanged for cash back or gift cards, nor can a statement credit be applied for anything other than a travel purchase. If you’re seeking out a travel credit card with more flexibility in terms of how miles can be redeemed, the VentureOne card may not be the best choice for you.

Capital One Perks

In addition to the rewards program, Capital One VentureOne card members have a slew of perks at their fingertips. The most notable is the Credit Tracker app, which provides access to the individual’s credit score and activity at no cost. Through Credit Tracker, card members can also gain valuable information regarding what implications changes to their credit profile will have on their score, for better or worse.

Card members also have access to online banking through Capital One, as well as mobile and tablet apps that are helpful for checking balances and payments on the go. In terms of enhanced security, VentureOne card members receive real-time alerts regarding suspicious or fraudulent activity on their account, either through phone, e-mail or text. On top of that, lost or stolen cards are covered by a $0 fraud liability protection program.

One of the unique features of the Capital One VentureOne credit card is the Second Look program, through which Capital One keeps an eye out for duplicate or unusual charges. Should a questionable charge post to the card member’s account, the bank automatically sends an e-mail alerting them to the issue. Capital One also offers Apply Pay for card members who are comfortable using mobile payment applications, as well as personalized payment due dates and various ways to establish payments. Card members have access to 24-hour travel assistance services, auto rental insurance, and travel accident insurance with the VentureOne credit card.

What the Card Costs

Capital One states that the VentureOne credit card is for individuals with excellent credit, typically meaning a credit score of 720 or higher is required for approval. Once approved, the interest rate for purchases starts at 0% and remains there for the first 12 months after accounting opening. Currently there are no promotional APR offers for balance transfers. After the promotional period ends, both purchases and balance transfer rates are based on individual creditworthiness, and will be 12.24%, 17.24% or 22.24%. Cash advance transactions carry a standard APR of 23.24%.

The VentureOne credit card does not assess an annual fee, nor does it carry any foreign transactions fees. From this perspective, the travel rewards card is relatively inexpensive. However, other fees are charged for specific transactions. Card members who initiate a cash advance pay a fee of either $10 or 3% of the amount advanced, whichever is greater. Late payment costs $35, although there are no fees for exceeding the credit limit.

The Final Word

The Capital One VentureOne credit card is a great choice for individuals seeking a travel rewards card that is simple to understand and easy to use. The VentureOne card comes with a flat-rate rewards program, meaning there are no special categories to keep track of over time. Additionally, card members have the ability to redeem rewards through statement credits for travel purchases, without the need to book travel directly through CapitalOne. The introductory APR for purchases, the additional card member perks, no annual fee and potential for bonus miles within the first three months come together to make this a solid travel rewards credit card.

Individuals who want to maximize on a sign-up bonus or who want to earn more miles with purchases may be better off with a different travel credit card. Capital One offers a travel credit card (Venture) that earns higher rewards and provides a sign-up bonus that is double that of the VentureOne card; however, card members who hold the Venture credit card are assessed an annual fee for access to greater rewards.

 

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Bank of America Alaska Airlines Visa Review

When it comes to travel rewards cards, account holders have more to consider than simply the potential miles they can earn over time. Additional benefits like trip insurance, purchase protection, rewards redemption flexibility and unique card member perks should be weighed in marriage with how rewards are earned and at what rate. Card members also want to pay close attention to the fees associated with travel credit cards to ensure they are getting the most cost effective credit card to suit their specific buying needs. The Bank of America Alaska Airlines Visa encompasses a wide range of card member benefits that may be attractive to frequent flyers. Let’s take a look at the rewards program first.

 

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Card Basics

The Bank of America Alaska Airlines Visa credit card offers card members the ability to earn up to five miles for each dollar spent when utilizing the Mileage Plan program. Under the Mileage Plan, card members can earn on every day purchases, including miles for spending at over 10,000 partner restaurants under the dining tier, through the online shopping mall offered exclusively to Mileage Plan members, or through other purchases made with every day partners such as Safeway, e-Miles, Diners Club International and Vinesse Wine Clubs. Miles vary for each partner but can add up quickly for card members who fully utilize the Mileage Plan partner sites.

In addition to the Mileage Plan partners, Alaska Airlines Visa card members earn three miles for every dollar spent on Alaska Airlines plane tickets, vacation packages, cargo and inflight purchases. All other purchases made with the credit card earn card members one mile per dollar spent. Card members have the benefit of no mileage cap on earnings, and no expiration date on earned miles as long as the account remains open.

Flexibility in miles redemption is a feature the Bank of America Alaska Airlines Visa credit card does well. Card members have the option to redeem earned miles for flights on the following partner airlines:

  • American Airlines
  • AeroMexico
  • Air Frane
  • British Airways
  • Delta
  • Ravn Alaska
  • Fiji Airways
  • KLM
  • Korean Air
  • PenAir
  • Emirate Airlines
  • Qantas Airlines

Card members should be aware that reward flights must be booked through the Alaska Airlines website to qualify, and some restrictions and blackout dates may apply depending on the partner selected.

Additional Card Perks

In addition to the everyday rewards program offered by Bank of America Alaska Airlines Visa, new card members have the opportunity to boost miles earned under a current promotion. An additional 30,000 miles are credited to card members’ accounts if $1,000 or more in purchases is made within the first 90 days of account opening. Bonus rewards can be redeemed as soon as they are credited, making this sign-up bonus incredibly attractive to frequent flyers.

The mileage rewards program made available through the Alaska Airlines Visa is not the only perk of being an account holder. Card members also receive a coach companion fare after $1,000 is spent on the card within the first 90 days after account opening. No blackout dates apply to the companion fare, but the cost must exceed $121 including taxes and fees. Also, all card members have the extra perk of a free checked bag for themselves as well as up to six other passengers on the same reservation.

Bank of America does a great job of offering additional benefits and security to card members, including the following features:

  • A $0 liability guarantee for fraudulent transactions
  • ShopSafe service that generates a temporary credit card number for online shopping, protecting the card members true card details
  • Chip technology that offers enhanced security and global acceptance
  • Overdraft protection that works to prevent declined purchases, returned checks or other excessive spending when a Bank of America checking account is linked to the credit card
  • Account alerts to assist with money management including payment due dates and postings
  • Digital wallet technology that allows card members to pay via mobile devices

Each additional feature offered with the Bank of America Alaska Airlines Visa credit card comes with full disclosures and program restrictions, each available within the card member agreement.

The Cost

The Bank of America Alaska Airlines Visa credit card has a strong rewards program, and when coupled with the supplemental benefits presents a strong option for frequent travelers. However, there are fees associated with the travel credit card that card members should understand and consider prior to applying. First, an annual fee of $50 applies to all card members, and unlike some current promotions with similar travel credit cards, the fee is not waived for the first year of membership.

Card members must also be aware of the inherent costs associated with the Alaska Airlines Visa that come into play when a balance is carried over from billing cycle to billing cycle. The purchase interest rate for the travel credit card ranges from 12.49% up to 19.49% and may fluctuate over time based on broad interest rate market movements. Compared to other travel credit cards, the Alaska Airlines Visa offers a relatively low purchase APR for well-qualified applicants.

Fees also come into play with balance transfers and cash advance transactions. The interest rate associated with balance transfers is the same as the assigned rate for purchases. However, a 3% balance transfer fee is added to each transaction. Cash advance interest rates range from 15.29% up to 22.49%, depending on the applicant’s credit history at the time the card is opened. Fortunately, card members are not assessed any foreign transactions fees for purchases made outside the United States.

Final Thoughts

Frequent travelers who fly on Alaska Airlines or its partner airlines on a consistent basis are the best fit for the Bank of America Alaska Airlines Visa credit card. The sign-up bonus currently offered is an added perk that all but makes up for the annual fee, and the free checked bags and companion airfare add up to substantial savings for frequent flyers. Prior to adding the Bank of America Alaska Airlines Visa to your wallet, it is important to understand the total fees associated with the card by way of purchase, balance transfer and cash advance interest rates. Similarly, card members need to be aware of how miles are earned and credited to the account, as well as restrictions associated with redemption.

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US Bank Club Carlson Hotel Card Review

US Bank Club Carlson Hotel Card Review

What’s your favorite hotel? Where do you feel at home even you’re away from home? If you answered the Radisson, Park Plaza, Country Inn & Suites or any other Club Carlson chain hotel, then you should consider the Club Carlson ™ Premier Rewards Visa Signature ® Card and the Rewards Visa Signature Card from US Bank. As hotel rewards cards go, the Premier Rewards card has a fantastic sign-up bonus and a cost-effective points-earning system. If you’re willing to stay brand loyal, this card will prove quite rewarding.

 

US Bank Club Carlson Hotel Card Review

 

Annual Fees

The two cards are very similar, one simply having a higher annual fee and therefore great rewards returns. The Premier Rewards card will run you $75 per year while the Rewards card is $50 annually. The fee is not waived like other travel rewards card, but the fee is much less than hotel rewards similar cards, so if you are keeping the card for multiple years, overall the annual fee is quite reasonable.

Earning Points

The Club Carlson Premier Rewards card earns 10 Gold Points for every dollar spent on hotel purchases within the chain. For everything else, you’ll earn 5 points per dollar. The more economical fee card, the Club Carlson Rewards card earns 6 points for eligible purchases, such as a night at a Radisson, and 3 points for other purchases. You also earn points every year for renewing your card. Though that annual fee may hurt a little bit, that pain is eased with a nice 40,000 point bonus for the Premier Rewards and 25,000 bonus for the Rewards card. This is enough four nights free with the Premier Rewards and two nights free with the Rewards card. Not a bad return on your annual fee.

 

Beginner’s Luck

If you’re new to the US Bank Club Carlson cards, the sign-up bonus is a solid one. For the Premier Rewards, if you spend $2,500 on the card in the first three months, you’ll receive 85,000 Bonus Gold Points. What does that many points earn? It’s enough for up to nine free nights at any Category 1 Carlson around the world. If you’d like to splurge, you can also spend 70,000 of those points on one night at a Category 7 hotel, like the Park Plaza Westminster Bridge in London, England. If you opt for the more economical Rewards card, you need to spend $1,500 on your card in the first 90 days. Your sign up bonus is still a nice 60,000 points, earning you up to six free nights. As far as sign-up bonuses go, the immediate rewards within the hotel chain are well worth it. You’ll have your annual fee returned to you within your free first night, and then you can settle into to enjoy five or seven more.

Flaunting your status

If you’re a Club Carlson hotel fan, you’ll be familiar with the status levels and perks within the program. With this US Bank card, your status will be automatically increased as soon as you activate your card. With the Premier Rewards card, your Club membership will become Gold Elite status. At this level, you’ll receive 15% off of food and drink at hotel restaurants, complimentary room upgrades, roll-over nights and an in-room gift. If you already enjoy all these benefits with your current Gold status, then your card activation will get you 15 qualifying nights towards obtaining or maintaining the Concierge status (75 nights). If you make it to the Concierge status, you’ll enjoy a huge range of perks, including all those listed above as well as free continental breakfast and 48 hour room availability guarantee. If you go for the Rewards card, your card activation will automatically upgrade you from Red to Silver status. At this level, you’ll receive 10% off of food and drink at hotel restaurants, complimentary room upgrades, and roll-over nights. If you’re already a Silver member, you’ll receive 10 qualifying nights towards Gold status (35 nights) and its perks.

Beyond the Hotel Doors Benefits

Both the Premier Rewards and Rewards cards come with the same additional benefits. To make sure you’re safe on the road, the card comes with travel and emergency assistance services, travel accident insurance and auto rental collision damage waiver. In the case of suspicious activity on your card, it offers zero fraud liability. Of course, it comes with online banking and in case you’re forgetful, you can set up automatic bill payment to ensure you don’t unnecessarily pay interest.

However, be careful if you’re staying at a Radisson abroad, as this card does not waive international payment fees. You’ll be paying to pay at international destinations, so be sure to use it only at Club Carlson hotels where the points you earn will offset the fees you pay.

Conclusion

The US Bank Club Carlson ™ Premier Rewards Visa Signature ® Card and the Rewards Visa Signature Cards are a very cost effective option for earning points and free stays at the Carlson Rezidor brand hotels. If you’re already a fan of these hotels, these cards will earn lots of points towards free nights. The sign-up bonus already sets you up to enjoy the perks of the hotel chain. In addition, the upgraded membership status provides another set of benefits that would be appreciated by someone who spends a lot of time in hotel rooms in the run of a year. However, if you can’t remember the last time you stayed at a Radisson or Park Plaza, this card is not for you. While the earning and using the rewards is very favorable, the places where you can do either is very limited. If you like to shop around for hotels or spend your points on flights, this card won’t be much help. However, the inexpensive annual fee and the great sign-up bonus might be worth a try. You just may come to love Club Carlson and enjoy reveling in free nights from the card.

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Hyatt Visa Hotel Card from Chase Bank

For those who travel with a degree of frequency, having the right travel rewards credit card is a must. Watching frequent flyer miles, free or discounted hotel stays and travel necessity discounts rack up is part of the fun of hitting the road or the skies, but not all travel cards offer the same benefits. Some travel cards focus on a specific airline or hotel group alone, while others have partners that allow more robust rewards redemption options. The Hyatt Visa Hotel card offered through Chase Bank is a smart choice for travelers with a penchant for staying at the Hyatt when they get away.

 

hyatt_card

 

Card Basics

The Hyatt Visa Hotel card from Chase Bank is a premiere travel card that gives the most bang for each buck in terms of rewards. For every dollar spent on purchases at Hyatt properties with the card, account holders earn three rewards points; for every dollar spent on purchases at restaurants, airline tickets bought directly from the airline or car rental agencies, two rewards points are earned. All other purchases made with the Hyatt Visa Hotel card earn account holders one rewards point per dollar spent. Like most rewards credit cards, one point is equal to $0.01, meaning 1,000 points translates to $10 in rewards.

For individuals new the Hyatt Visa Hotel card from Chase Bank, meaning they have no held the card in the previous 24 months, bonus offers are available for a limited time. First, account holders who spend no less than $1,000 on purchases within the first three months after account opening receive two free nights at participating Hyatt properties. On top of the bonus nights, cardholders who add an authorized user to the account within the first three months earn an additional 5,000 points. The added user must make a purchase during that time frame, however.

Rewards points earned by utilizing the Hyatt Visa Hotel credit card can only be redeemed for free nights at Hyatt properties. Cardholders must have accumulated a minimum of 5,000 rewards points before a free night can be obtained.

Additional Card Benefits

In addition to the rewards program built in to the Hyatt Visa Hotel card, cardholders have unique perks that come with card ownership. First and foremost, one free night at any Hyatt property that falls within the category range of 1 through 4 is obtained every year after the cardholder’s anniversary. Also, cardholders earn different statuses through the Hyatt Passport program which equates to even more perks. Accountholders in good standing can upgrade to the Hyatt Gold Passport Platinum membership category, and are able to maintain that status for as long as the card remains open. The Platinum status under the Hyatt rewards program includes a 15% rewards point bonus on eligible purchases, not to mention complimentary in-room Internet access, and late checkout upon request. All the benefits available through the Hyatt Passport program are detailed within the program’s membership agreement.

Card members can also move up the status ranks by utilizing the Hyatt Visa Hotel credit card on a consistent basis. Account holders receive two stay credits and five night credits toward the Elite Diamond status when $20,000 or more is spent in each calendar year. An additional three stay credits and five night credits can be earned when $40,000 or more is spent throughout the year. These added credits lead to free nights quickly, making the card an attractive solution for those who regularly stay with Hyatt properties when traveling.

Card Member Costs

As with most travel rewards credit cards, the Hyatt Visa Hotel card comes with card member fees that should be reviewed prior to applying for and subsequently utilizing the card. First, an annual fee of $75 is charged each card member anniversary, although for new card members, the annual fee is waived for the first year. The Hyatt Visa is reserved for applicants with exemplary credit, as only one purchase APR is assigned at the time the card is opened to qualified borrowers. The initial interest rate is 16.24% for purchases, but it is tied to the Prime Rate and may fluctuate over time. Balance transfers receive the same APR as purchases, and no promotional interest rate is available at this time.

Cash advances cost card members more than purchases or balance transfers, with a standing APR of 25.24%. Currently, fees associated with cash advances or balance transfers are not available, nor are charges assessed for late payments or returned payments. International travelers or shoppers do not have to worry about additional charges with the Hyatt Visa Hotel credit card, as no foreign transaction fees are imposed.

Final Thoughts

As a travel rewards credit card, the Hyatt Visa Hotel card is a smart choice for individuals who plan to stay in Hyatt properties either domestically or during international travel. The bonus nights earned through the current promotion are available at a relatively low spending barrier within the first three months, and the bump to Diamond status through the Hyatt Passport rewards program is attractive to frequent travelers. The authorized user bonus rewards offer and the anniversary free night stay also adds to the overall benefit of carrying the card.

Hyatt Visa Hotel credit card members have the added benefit of earning rewards on more than just hotel stays. Enhanced rewards points earning potential with certain categories helps account holders earn more nights quickly, as does the standard one rewards point for all other purchases that fall outside the confines of bonus categories. Having the ability to utilize the card for everyday purchases without foreign transaction fees, and the ability to redeem rewards with as few as 1,000 points accumulated help make this card a strong contender in the travel category. The waived annual fee for the first year and comparably low annual fee of $75 thereafter doesn’t hurt either.

Individuals who do not travel often, or those who prefer to stay at hotels ore resorts not associated with Hyatt property management will want to select a different travel rewards card for their wallets. The Hyatt Visa Hotel credit card is best suited for travelers who spend quite a bit on hotel stays with Hyatt throughout the year.

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Should I Earn Cash Back or Travel Rewards?

How great are rewards points? It’s like getting paid to spend money (even if the money you are spending is your own). Although only some of us will openly admit it, we all enjoy the little dose of satisfaction we get when we swipe the plastic instead of pulling out cash, and knowing that you will receive a little “thank you” from the credit card companies just for remembering them makes that feeling all the more enriching. You can receive rewards points for swiping on pretty much anything these days: for pumping gas, buying groceries, refilling prescriptions from specific pharmacies, even taking your dog to a day spa could result in you earning some kind of reward points.

With so many avenues that can lead to rewards, how do you know which method you want to cash out those rewards points into? When it comes to which methods of cashing out rewards points are the most popular, it’s a tie between travel rewards, and cash back. Both methods translate into some pretty fantastic outcomes, but how do you know which kind of rewards program is right for you? Below is a breakdown of which rewards points method might be best for you.

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Everyone’s reward goals are different.

What you should know first off is that there is no straight forward “one size fits all” answer for how you should decide to spend your reward points. When deciding which method works best for you, know that every spender and card user has a different life style that could be better off with cash back or travel rewards. It comes down to knowing which method you think you could be better off with.

Are you a traveler at heart who fantasizes about your next vacation abroad? Then great! Your choice is a no brainer, but what if you are a traveler at heart who is tight on cash and looking for a way to get a little extra useable cash for your day purchases before you can even consider planning a vacation? This is where the choice between which rewards points method gets tricky.

Cash back is fantastic because, duh! Its cash! You can spend those green-backs anywhere and on anything. But what if you are a workaholic who neglects his paid vacation days and can’t normally afford a vacation overseas? If that scenario sounds familiar, then perhaps a travel rewards card may work best for you. Think of it as a little extra incentive to get you out-and-about to see what else in the world is out there beyond the walls of your office and living room. Collecting those miles and having them burn a hole in your pocket is a great excuse to start traveling and save piles of money while doing it.

So whether you are a traveler trying to get out and travel that much more often or a budget-master workaholic trying to get more bang for your buck as you go about your daily purchases, knowing what your true goals are in life can help you decide which method works best for you as far as rewards points go.

 

Know exactly what you’re getting before you sign on.

  • Travel Rewards

In the case for travel rewards, the obvious perk is free (or at least steeply discounted) airline miles. Past that, you can also earn some pretty sweet discounts on anything pertaining to your travel plans. This can translate into discounts on rental cars, hotel rooms, and even select restaurants and food vendors. If you can get approved for select airline cards, you can even get baggage fees waived for you and a select number of guests, and even earn access to private lounges in airports (which is a pretty notable perk, to be sure).

For those of us who travel quite a bit, we are no stranger to the painfully high ticket prices it costs us to travel. Tickets are just so expensive that it is one of the main reason that many hard working citizens don’t bother traveling altogether. They don’t want to travel because the price to head out and see the world is just so high, and round-trip airline tickets account for a massive chunk of the vacation cost.

Enter the airline miles rewards points – When you earn enough points from your travel rewards card, you can cash in those points in exchange for cost covered miles. Every airline has a differing method of points-to-miles conversion, but overall, the more points you have accumulated to your account, then you could be looking at a free ticket, or at the very least a heavily discounted ticket.

Obviously the farther you want to travel, the more miles you are going to need to convert from your gained points. So if you just got your travel rewards card and don’t plan on using it that much, then you cannot expect to cover the entire cost of an international flight anytime soon. But for individuals who use their travel rewards card as often as they breathe, then they could very well be able to send themselves and their entire family to Spain and back pretty easily.

Before you start planning your European vacation with the entire family, look into the point earning rate for your desired travel rewards card. Some card providers offer 1 point for every dollar spent, and some offer more or less than that. Also, look up how many points covert into how many miles for when it finally comes time for you to cash in those rewards points with the airline. Knowing exactly what you can expect from using your card will let you know how big of a vacation you can look forward to and how soon you can take it.

 

  • Cash Back

In the case for cash back, know the rate of cash back that you can expect as well as where you can use the card to earn points. Some card services can offer 1% cash back, and another may offer up to a whopping 6%, with other cards anywhere in between. So before you go all in with one rewards card, do your homework to see which offers the best percentage.

Before you start singing the praises of cash back cards, you should know that they have their own version of blackouts. Depending on the card, not all purchases may qualify for cash back rewards. For example, some gas stations may qualify to earn you points, but not others. Same thing goes for grocery stores, clothing vendors, and in some cases even travel purchases.

So for those of us who have made specific stores and markets into everyday trusted partners for our daily routines, it is important to read the fine print to see if the store down the street and the gas station you always visit on the way home from work could in fact help you earn more points. If the store you frequent all the time is not on the list of cash back qualifying stores, there is no shame in trying to find another cash back rewards provider. Check out the list of approved vendors online before you sign.

 

Are the rewards worth more than the annual fees?

Regardless of which rewards cash out method you decide to go with, be aware of the annual fees, as it may actually cancel out the benefits you receive from using the card day-to-day.

Look for cards that can genuinely make your life better. If the annual fee is too steep and you don’t plan on using the card very often, then it might be best for you to continue looking elsewhere. If the annual fee is steep, but you do plan on using the card extremely often, or at least often enough to receive more rewards that it outweighs the fee, then you don’t have to worry too much about paying that annual fee.

 

The idea of the rewards card is help you advance your life in positive way and make you come out on top, and if the annual fee is making you come out breaking even or anything less, then don’t be afraid to walk away from the offer.

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Starwood Preferred Guest Rewards Card Review

Starwood Preferred Guest Rewards

Do you have big travel plans this year? Or are you always on the road for work? Is so, and if you are a fan of the hotels like the Westin, Le Meridian or W Hotels, the American Express® (AMEX) Starwood Preferred Guest® (SPG) Rewards card or the SPG business card is a big win for your travel plans. This card pairs up with the existing SPG hotel rewards program to amplify the rewards you collect on eligible purchases. Spend on hotels and flights, accumulate 2, 3, 4, or even 5 points for each dollar, and then take your self on that trip you’ve been waiting for.

Starwood Preferred Guest Rewards Card

Starpoints® Rewards

For every $1 spent on eligible purchases, you earn 2 Starpoints. These points can total to 4 or 5 Starpoints for that same $1 you spend because you receive Starpoints from both the AMEX SPG Card and from the SPG Membership card.

You can use the points to stay at any of the 1,300 participating hotels in over 100 countries. And there are no black-out dates. Instead of blocking off limited rooms for rewards guests, Starwood has a simple policy for booking: if a suite is available and you have the Starpoints, it’s yours. The hotels are ranked by category with the higher ranking hotels requiring more points, obviously. However, for the still very nice category-one Sheraton or FourPoints hotels, you can stay for only 2000 Starpoints on weekends or 3,000 on weekdays. If you’re using your card to book hotels, it won’t take long before you’ll be booking a night or two for free. You can also use the SPG online airline ticket reservation system to book a flight with over 150 airlines. If you transfer 20,000 Starpoints to a participating frequent flyer program like Delta SkyMiles®, you’ll actually get 5,000 bonus points. It’s nice to have a benefit in transferring for once!

Eligible purchases range from hotel night stays at the Starwood or partner hotels (like Caeser’s Palace or Planet Hollywood) or food and beverages purchased at Starwood hotels. Starpoints can be earned when purchasing flights on Delta or Air Emirates as SPG Rewards can be connected with the airlines’ miles systems, with additional perks available for elite members. You can even earn with Uber! Take Uber for hopping around the city during your stay and you’ll earn Starpoints, too!

The double Starpoints eligible purchases are generally travel-related, however, any purchase will earn you 1 Starpoint for $1 spent. These additional points can rack up and help earn your way to more free night stays.

 

Starwood Preferred Guest Rewards

 

One Card Leads to Another

In order to reap the benefits of potentially 5 Starpoints on eligible purchases, you have to be a member of the Starwood Preferred Guest Rewards Program. Conveniently, membership is free, though the level of benefits of Starpoints eligibility per dollar spent is tiered. The Preferred (a.k.a. basic) level is 1 Starpoint for $3 spent. If you have 10 Eligible Stays or 25 Eligible Nights in a calendar year, you’ll become a Gold level member, earning 1 for every $2 spent. If you can’t quite make that level of stays, there’s another benefit of the AMEX SPG Rewards Card in that each year you’ll receive credit for five nights and two stays towards an SPG Elite status. Those bonus stays could put you over the top to your Gold level and extra Starpoints. If you’re a particularly big spender, $30,000 in eligible spending will also up your elite status to the Gold level. There’s also a Platinum level, but the points per dollar are the same as Gold, so although it sounds flashy and has other hotel perks, in looking at pure Starpoints rewards, who cares?

 

A Warm Rewards Welcome

To entice you to sign up, AMEX is providing a welcome offer of 25,000 Starpoints if you spend $3000 on the card within the first three months. The purchases can be made on the main card, or on an additional card if you have one, and purchases from both cards count towards the total.

This welcome offer can translate into a great trip fairly easily. The Welcome rewards can translate into six free nights at a category 2 hotel, such as certain Westin or Sheraton hotels. If you’re feeling indulgent, you can put all your points towards a one night stay at a top category hotel at one of the premier global destinations. If you’re looking at using the points for air travel, the 25,000 Starpoints can pay for a flight ranging from $280 to $345, which could take you on a nice domestic adventure.

The Fine Print

For the first year, the annual fee of $95 is waived. This first year provides a nice trial period to see if the card is a good fit for your travel and rewards lifestyle. You may discover that your travel plans don’t quite match the hotels or airlines offered (unlikely given the global coverage, but anything’s possible!). On the other hand, the Starpoints could add up very quickly with the combination of the AMEX SPG Rewards card and the SPG Membership card, and the year two annual fee could be paid off in one trip.

The annual percentage rates (APR) are fairly reasonable for this credit card. They range from 15.49% to 19.49% depending on your creditworthiness. This card allows a balance to be carried unlike other AMEX cards, and though it is not recommended, a balance without late payments will only accumulate the interest charges and no additional fees.

During international travel, there are no foreign fees charged to the card for use abroad. This perk seems only appropriate given that this card is intended to take you globetrotting. While planning your travel, keep in mind that point transfer to other airlines, or your welcome bonus rewards can take a while to arrive. The transfer can take up to 12 weeks, so be sure to give yourself lots of leeway before booking.

Extra Benefits

As the SPG Rewards card is an AMEX card, it comes along with a number of additional benefits. For insurance, the card comes with a baggage insurance plan, a travel accident plan, as well as extended warranties for purchases. If you’re on the road and something goes awry, there’s the convenient roadside assistance hotline to connect you to a repair truck and help you on your way. If things really go wayside and your rental is damaged or stolen, AMEX provides auto rental insurance. Though all the insurances have their limitations, it’s a reassuring set of tools to literally have in your back pocket in case your travels don’t go according to plan.

Conclusion

The AMEX SPG Rewards Card is a great rewards card for the avid traveler who loves Starwood Hotels. If you enjoy the high-end comfort of these hotels (and who doesn’t?), and spend quite a few nights on the road, the Starpoints will rack up quickly with the combined point system and you’ll be enjoying the benefits. If you don’t stay at Starwood Hotels, this card holds some perks in the airline bookings, but there’s likely a better for a rewards credit card out there. For the Starwood lovers, this rewards card is a great deal.

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Virgin Atlantic Rewards Credit Card Review

Travel rewards credit cards are available to qualified account holders from a wide variety of airlines, making the task of hitting the skies more rewarding than ever. Whether you fly for business or pleasure, internationally or domestically, travel credit cards are a smart way to earn reduced or no cost flights, seat upgrades, waived baggage fees and more. For travelers who appreciate the experience of flying Virgin Atlantic, the rewards credit card offered through the airline is a great way to rack up points that can be redeemed for flights across the globe in addition to other valuable perks.

 

Card Basics

Virgin Atlantic has created a frequent flyer rewards program known as the Flying Club, offering a number of ways to earn rewards for free flights on the airline and its partner airlines. For new cardholders, the Virgin Atlantic rewards credit card is offering a 20,000 bonus mile credit after the first purchase is made with the card. Account holders can also earn up to 15,000 additional reward miles at each account anniversary, after qualifying purchases are made. For each new account additional cardholder added to the credit card, up to 5,000 additional Flying Club miles can be earned.

In addition to the bonus Flying Club miles earned through the current promotions offered through Virgin Atlantic, cardholders earn rewards easily by simply utilizing the card for purchases. Any purchases of Virgin Atlantic airfare earn cardholders 3 Flying Club miles per $1 spent, without limitation. Similarly, 1.5 Flying Club miles are earned per $1 spent on all other purchases made with the card. Any Flying Club miles accrued throughout the year can be redeemed for airfare through the airline, seat or cabin upgrades, or companion seats for friends or family.

While the Flying Club rewards program is helpful in achieving the necessary number of rewards to redeem for international or domestic flights, the Virgin Atlantic rewards credit card offers an additional way to boost your earning power. Cardholders are also eligible to earn tier points by using their credit card. One tier point is earned per $2,500 spent on purchases, with a maximum of 2 tier points earned each month. Additional tier points can be earned by flying Virgin Atlantic or any of the airline’s partners. Racking up tier points through purchases and flights gives cardholders a higher status over time, which leads to additional benefits not available to lower status cardholders or frequent flyers.

Unique Cardholder Perks

The Flying Club rewards program is not the only perk of using the Virgin Atlantic rewards credit card. Account holders also have access to a number of unique perks offered directly through the airline, including exclusive access to airport lounges, special entertainment events, and discounts on a variety of events only available to cardholders. A dedicated concierge service is also one of the perks associated with the Virgin Atlantic rewards credit card which offers account holders VIP access to dining, hotel stays, hard-to-get event tickets and car services.

While extra rewards are nice to have, the safety that comes with the Virgin Atlantic rewards credit card makes it stand out among other travel credit cards. Account holders are able to connect with fraud resolution specialists to get clear guidance and assistance with reporting credit card fraud with each credit bureau. Additionally, purchase assurance is an added perk of the travel rewards card, offering protection of up to $1,000 on items that are damaged or stolen within 90 days of purchase. Cardholders also have the benefit of an extended warranty on some items purchase with the credit card which extends the original manufacturer’s warranty up to one additional year. For cardholders who worry about purchase protection and identity theft, the Virgin Atlantic rewards credit card is a smart choice.

Virgin Atlantic cardholders also have access to travel assistance and emergency roadside help when needed. The travel assistance program offered through the credit card provides medical, legal and travel-oriented help no matter how far away from home you may be, 24 hours a day, seven days a week. The emergency roadside assistance program offers access to a 24-hour, toll-free network of providers that can lend a hand with unexpected roadside needs. Also, cardholders are automatically protected for up to $500,000 through common carrier travel accident insurance when airfare is purchased through the Virgin Atlantic rewards credit card.

The Fine Print

With the seemingly endless number of travel rewards credit cards available to frequent flyers these days, it is always recommended that cardholders understand the fine print of the cardholder agreement. For travelers interested in the Virgin Atlantic rewards credit card, an excellent credit history and score are required to qualify. No introductory interest rate is available at this time, and the standard purchase APR ranges from 12.49% up to 19.49%, based on creditworthiness. Balance transfers are available up to the individual cardholder’s credit limit, but no promotional interest rate is available at this time. A fee is assessed for all balance transfers equal to 3% of the total amount transferred to the new card.

The Virgin Atlantic rewards credit card has a relatively low interest rate for well-qualified account holders, but an annual fee of $90 is due each account anniversary. There are also fees associated with late or returned payments, and the penalty APR of 29.99% is applied when a payment is missed. Cardholders are also assessed a fee for any cash advances taken against their available credit limit, equal to $10 or 3% of the amount advanced, whichever is greater. The cash advance APR ranges from 15.49% up to 22.49%, depending on the cardholder’s initial purchase APR.

The Final Verdict

Although the Virgin Atlantic rewards credit card offers an attractive array of perks and reward-earning potential to cardholders, the travel card is not the best fit for every frequent flyer. Individuals who conduct most of their travel through Virgin Atlantic or their select partner airlines can earn free flights and upgrades relatively quickly. However, travelers who prefer to switch up their preferred airline from time to time may not benefit from the lower Flying Club rewards potential. Additionally, flyers who want a low-cost travel rewards card are better offer finding a credit card with a lower annual fee and more flexible fees for balance transfers or cash advances.