February 22, 2024
• 1 Minute Read
Traveling doesn't have to break the bank. With the right credit card, you can earn valuable rewards, score exclusive perks, and save money on your next adventure. But with so many options available, choosing the best travel card can be overwhelming. CreditSoup's Thrifty Thursday credit tip this week talks about double dipping your travel rewards!
How to Double Dip on Travel Rewards?
Maximize your travel points and save even more on your next adventure with these 5 clever strategies.
1. Leverage Signup Bonuses: Many travel credit cards offer generous welcome bonuses upon reaching a minimum spending threshold within the first few months. Choose a card with an offer that aligns with your travel goals, then meet the spending requirement strategically. For example, pay upcoming bills, prepay travel expenses, or stock up on essentials using the new card.
2. Use Transferable Points: Opt for cards with flexible points programs that allow you to transfer points to various airlines, hotels, or travel booking platforms. This flexibility gives you more options to redeem your points for maximum value, especially when specific travel deals align with your preferred partners.
3. Combine Rewards with Cash Back: Consider cards offering bonus points on travel categories like flights, hotels, and car rentals, while also earning cash back on everyday purchases. This way, you accumulate travel rewards for your trips while earning cash back for everyday expenses, stretching your travel budget further.
4. Don't Neglect Airport Lounge Access: Some premium travel cards offer complimentary access to airport lounges, providing a comfortable haven to relax, work, or grab refreshments before your flight. This perk can be especially valuable for long layovers or frequent travelers, potentially saving you money on airport food and drinks.
5. Utilize Travel Credits: Certain travel cards offer annual credits specifically for travel expenses like airline fees, hotel stays, or car rentals. Make sure to utilize these credits fully to offset travel costs and maximize the overall value you get from the card.
Bonus Tip: Pay your credit card bill in full and on time to avoid interest charges, which can quickly erode any rewards earned.
Choosing The Right Card
Choose a travel card that aligns with your spending habits and travel goals. Consider annual fees, bonus categories, redemption options, and travel perks before making a decision. CreditSoup has several card offers available, so explore your options this Thrifty Thursday!
Editorial Disclaimer: Information in these articles is brought to you by CreditSoup. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles. The information is accurate to the best of our knowledge when posted; however, all credit card information is presented without warranty. Please check the issuer’s website for the most current information.