How to pick the best travel rewards credit card
Schulz agrees. "The last thing that anyone should do is overspend on a credit card in order to get rewards, regardless of how good those rewards might be."
"An average consumer probably won't be able to take advantage of [card benefits] more than a few times a year," he said."If you don't travel often, then a travel rewards credit card may not be worth the trouble," she said. "Do your research, though, because that card could still offer a perk or non-travel redemption option that will prove useful down the line.
If you do travel often enough to make travel rewards a viable option, weigh individual card variables —annual fees, benefits, transferability, restrictions, etc. — to find the best fit. "The American Express Platinum card, while having the most robust suite of benefits, also has a $550 annual fee — which obviously has a major impact" on who might apply, said Honig at The Points Guy. Other cards with higher fees include the Citi/AAdvantage Executive MasterCard and the Delta Reserve card from American Express, both with a $450 annual fee.
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