When you think of credit cards you probably think: debt, fees, and compounding interest. But, if you use credit cards correctly it can actually save money. I’m serious. Travel credit cards, in particular, have a lot of perks built in, not only saving you money on vacation but also during normal life.
Before I begin, using credit cards comes with the following warning:
It goes without saying, the best way to save money with a travel credit card is using points to pay for your travel expenses. Big sign-up bonus can even fund an entire trip! Check out my article last week on exactly what to look for when signing up for a new travel card.
Airline fee credits are one of the best ways to utilize your credit cards and save you money while you travel. These credits usually cover a broad range of travel fees, from baggage fees before you board to wifi while in flight. It can also help you pay for extra food on planes or lounge access while you wait to board. Sign up for a card that complements your travel priorities.
So many trips start out by picking up your rental car for the week. A great way a travel credit card can help you save money is automatically covering your rental car insurance. Always check the fine print of your card for details on where you are covered…